XML 55 R40.htm IDEA: XBRL DOCUMENT v3.23.1
Mortgage Servicing Rights and Related Liabilities - Servicing Revenue (Details) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Transfers and Servicing [Abstract]    
Contractually specified servicing fees(1) $ 384,000,000 $ 327,000,000
Other service-related income(1) 14,000,000 33,000,000
Incentive and modification income(1) 6,000,000 9,000,000
Servicing late fees(1) 21,000,000 19,000,000
Mark-to-market adjustments - Servicing(2)(3) (61,000,000) 553,000,000
Amortization, net of accretion(4) (115,000,000) (202,000,000)
Originations service fees(5) 11,000,000 42,000,000
Corporate/Xome related service fees 19,000,000 12,000,000
Other(6) (18,000,000) (38,000,000)
Total revenues - Service Related, net 261,000,000 755,000,000
Cash Flows Between Transferor and Transferee, Servicing Fees 177,000,000 146,000,000
Cumulative incurred losses related to advances and other receivables associated with inactive and liquidated loans 9,000,000 6,000,000
(Gain) loss on MSR hedging activities 59,000,000 (140,000,000)
Servicing fee income accretion expense $ 10,000,000 $ 33,000,000