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Fair Value Measurements - Fair Value by Balance Sheet Line Item (Details) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Financial assets      
Restricted cash $ 118 $ 135 $ 152
Loans subject to repurchase from Ginnie Mae 2,703 6,159  
Financial liabilities      
Unsecured senior notes, net 2,076 2,074  
Advance and warehouse facilities, net 8,206 6,258  
Recurring Fair Value Measurements      
Financial assets      
Cash and cash equivalents 731 695  
Restricted cash 118 135  
Loans subject to repurchase from Ginnie Mae 2,703 6,159  
Financial liabilities      
Unsecured senior notes, net 2,076 2,074  
Advance and warehouse facilities, net 8,206 6,258  
Liability for loans subject to repurchase from Ginnie Mae 2,703 6,159  
Recurring Fair Value Measurements | Level 1      
Financial assets      
Cash and cash equivalents 731 695  
Restricted cash 118 135  
Loans subject to repurchase from Ginnie Mae 0 0  
Financial liabilities      
Unsecured senior notes, net 2,168 2,208  
Advance and warehouse facilities, net 0 0  
Liability for loans subject to repurchase from Ginnie Mae 0 0  
Recurring Fair Value Measurements | Level 2      
Financial assets      
Cash and cash equivalents 0 0  
Restricted cash 0 0  
Loans subject to repurchase from Ginnie Mae 2,703 6,159  
Financial liabilities      
Unsecured senior notes, net 0 0  
Advance and warehouse facilities, net 8,219 6,269  
Liability for loans subject to repurchase from Ginnie Mae 2,703 6,159  
Recurring Fair Value Measurements | Level 3      
Financial assets      
Cash and cash equivalents 0 0  
Restricted cash 0 0  
Loans subject to repurchase from Ginnie Mae 0 0  
Financial liabilities      
Unsecured senior notes, net 0 0  
Advance and warehouse facilities, net 0 0  
Liability for loans subject to repurchase from Ginnie Mae 0 0  
Nonrecurring Fair Value Measurements      
Financial assets      
Advances and other receivables, net 909 940  
Nonrecurring Fair Value Measurements | Level 1      
Financial assets      
Advances and other receivables, net 0 0  
Nonrecurring Fair Value Measurements | Level 2      
Financial assets      
Advances and other receivables, net 0 0  
Nonrecurring Fair Value Measurements | Level 3      
Financial assets      
Advances and other receivables, net $ 909 $ 940