Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table provides the outstanding notional balances, fair values of outstanding positions and recorded gains/(losses) for the derivative financial instruments. Gains/(losses) include both realized and unrealized gains/(losses) of each derivative financial instrument.

		December 31, 2022				Year Ended December 31, 2022
Derivative Financial Instruments	Expiration Dates	Outstanding Notional		Fair Value		Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments	2023	$	354	$	10	$	(15)
Derivative financial instruments
IRLCs	2023	755		22		(112)
LPCs	2023	145		1		(2)
Treasury futures	2023	—		—		4
Forward MBS trades	2023	1,143		8		569
Total derivative financial instruments - assets		$	2,043	$	31	$	459
Liabilities
Derivative financial instruments
IRLCs	2023	$	15	$	—	$	—
LPCs	2023	209		1		1
Forward MBS trades	2023	681		9		(56)
Treasury futures	2023	892		14		(277)
Total derivative financial instruments - liabilities		$	1,797	$	24	$	(332)

		December 31, 2021				Year Ended December 31, 2021
Derivative Financial Instruments	Expiration Dates	Outstanding Notional		Fair Value		Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments	2022	$	1,051	$	25	$	(77)
Derivative financial instruments
IRLCs	2022	5,237		134		(280)
LPCs	2022	487		3		(35)
Forward MBS trades	2022	3,569		7		272
Total derivative financial instruments - assets		$	9,293	$	144	$	(43)
Liabilities
Derivative financial instruments
IRLCs	2022	$	10	$	—	$	—
LPCs	2022	646		2		(1)
Forward MBS trades	2022	4,091		8		(110)
Treasury futures	2022	923		6		(6)
Swap futures	2022	—		—		(14)
Total derivative financial instruments - liabilities		$	5,670	$	16	$	(131)