Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
Operating Activities
Net income		$ 179	$ 809
Adjustments to reconcile net income to net cash attributable to operating activities:
Deferred tax expense		46	241
Net gain on mortgage loans held for sale		(153)	(436)
Provision for servicing and non-servicing reserves		18	11
Fair value changes in mortgage servicing rights		239	(663)
Fair value changes in MSR related liabilities		(6)	131
Depreciation and amortization for property and equipment and intangible assets		18	20
Gain on disposition of assets		0	223
Loss on MSR hedging activities		52	229
Gain on MSR sales		(32)	(1)
Other operating activities		34	39
Repurchases of loan assets out of Ginnie Mae securitizations		(547)	(2,686)
Mortgage loans originated and purchased for sale, net of fees		(6,593)	(19,370)
Sales proceeds and loan payment proceeds for mortgage loans held for sale		6,842	24,056
Changes in assets and liabilities:
Advances and other receivables		197	311
Other assets		(39)	256
Payables and other liabilities		(106)	(142)
Net cash attributable to operating activities		149	2,582
Investing Activities
Acquisition of assets		(34)	0
Property and equipment additions, net of disposals		(10)	(9)
Purchase of mortgage servicing rights		(841)	(1,151)
Proceeds on sale of mortgage servicing rights and excess yield		312	275
Other investing activities		(3)	0
Net cash attributable to investing activities		(576)	(885)
Financing Activities
Increase (decrease) in advance, warehouse and MSR facilities		630	(1,597)
Settlements and repayment of excess spread financing		(40)	(353)
Repurchase of common stock		(146)	(135)
Other financing activities		(32)	(24)
Net cash attributable to financing activities		412	(2,109)
Net decrease in cash, cash equivalents, and restricted cash		(15)	(412)
Cash, cash equivalents, and restricted cash - beginning of period		702	1,041
Cash, cash equivalents, and restricted cash - end of period(1)	[1]	687	629
Supplemental Disclosures of Non-cash Investing Activities
Equity consideration received from disposition of assets		0	250
Purchase of mortgage servicing rights		57	45
Mortgage servicing rights sales price holdback		$ 0	$ 15

[1] The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the condensed consolidated balance sheets. June 30, 2023June 30, 2022Cash and cash equivalents$517 $514 Restricted cash170 115 Total cash, cash equivalents, and restricted cash$687 $629