XML 78 R62.htm IDEA: XBRL DOCUMENT v3.22.1
Fair Value Measurements - Measured on a Recurring Basis (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Assets    
Mortgage loans held for sale $ 3,593 $ 4,381
Liabilities    
Mortgage servicing rights financing 30 10
Recurring Fair Value Measurements    
Assets    
Mortgage loans held for sale 3,593 4,381
Mortgage servicing rights 6,006 4,223
Equity securities 62 63
Liabilities    
Mortgage servicing rights financing 30 10
Excess spread financing 815 768
Recurring Fair Value Measurements | IRLCs    
Assets    
Derivative financial instruments 72 134
Liabilities    
Derivative financial instruments 5  
Recurring Fair Value Measurements | LPCs    
Assets    
Derivative financial instruments 2 3
Liabilities    
Derivative financial instruments 8 2
Recurring Fair Value Measurements | Forward MBS trades    
Assets    
Derivative financial instruments 79 7
Liabilities    
Derivative financial instruments 6 8
Recurring Fair Value Measurements | Swap futures    
Liabilities    
Derivative financial instruments 49 6
Recurring Fair Value Measurements | Level 1    
Assets    
Mortgage loans held for sale 0 0
Mortgage servicing rights 0 0
Equity securities 8 9
Liabilities    
Mortgage servicing rights financing 0 0
Excess spread financing 0 0
Recurring Fair Value Measurements | Level 1 | IRLCs    
Assets    
Derivative financial instruments 0 0
Liabilities    
Derivative financial instruments 0  
Recurring Fair Value Measurements | Level 1 | LPCs    
Assets    
Derivative financial instruments 0 0
Liabilities    
Derivative financial instruments 0 0
Recurring Fair Value Measurements | Level 1 | Forward MBS trades    
Assets    
Derivative financial instruments 0 0
Liabilities    
Derivative financial instruments 0 0
Recurring Fair Value Measurements | Level 1 | Swap futures    
Liabilities    
Derivative financial instruments 0 0
Recurring Fair Value Measurements | Level 2    
Assets    
Mortgage loans held for sale 3,593 4,381
Mortgage servicing rights 0 0
Equity securities 0 0
Liabilities    
Mortgage servicing rights financing 0 0
Excess spread financing 0 0
Recurring Fair Value Measurements | Level 2 | IRLCs    
Assets    
Derivative financial instruments 0 0
Liabilities    
Derivative financial instruments 0  
Recurring Fair Value Measurements | Level 2 | LPCs    
Assets    
Derivative financial instruments 0 0
Liabilities    
Derivative financial instruments 0 0
Recurring Fair Value Measurements | Level 2 | Forward MBS trades    
Assets    
Derivative financial instruments 79 7
Liabilities    
Derivative financial instruments 6 8
Recurring Fair Value Measurements | Level 2 | Swap futures    
Liabilities    
Derivative financial instruments 49 6
Recurring Fair Value Measurements | Level 3    
Assets    
Mortgage loans held for sale 0 0
Mortgage servicing rights 6,006 4,223
Equity securities 54 54
Liabilities    
Mortgage servicing rights financing 30 10
Excess spread financing 815 768
Recurring Fair Value Measurements | Level 3 | IRLCs    
Assets    
Derivative financial instruments 72 134
Liabilities    
Derivative financial instruments 5  
Recurring Fair Value Measurements | Level 3 | LPCs    
Assets    
Derivative financial instruments 2 3
Liabilities    
Derivative financial instruments 8 2
Recurring Fair Value Measurements | Level 3 | Forward MBS trades    
Assets    
Derivative financial instruments 0 0
Liabilities    
Derivative financial instruments 0 0
Recurring Fair Value Measurements | Level 3 | Swap futures    
Liabilities    
Derivative financial instruments $ 0 $ 0