XML 76 R62.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Fair Value Measurements - Measured on a Recurring Basis (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Assets      
Mortgage loans held for sale $ 1,070 $ 927  
Liabilities      
Mortgage servicing rights financing 35 29  
Treasury futures      
Assets      
Fair Value     $ 1
Recurring Fair Value Measurements      
Assets      
Mortgage loans held for sale 1,070 927  
Mortgage servicing rights 9,796 9,090  
Equity investments 9 9  
Liabilities      
Mortgage servicing rights financing 35 29  
Excess spread financing 420 437  
Recurring Fair Value Measurements | IRLCs      
Assets      
Fair Value 27 21  
Recurring Fair Value Measurements | LPCs      
Assets      
Fair Value 1 3  
Recurring Fair Value Measurements | Forward MBS trades      
Assets      
Fair Value 9 22  
Fair Value 10 9  
Recurring Fair Value Measurements | Treasury futures      
Assets      
Fair Value 18 113  
Fair Value 1    
Recurring Fair Value Measurements | Level 1      
Assets      
Mortgage loans held for sale 0 0  
Mortgage servicing rights 0 0  
Equity investments 1 1  
Liabilities      
Mortgage servicing rights financing 0 0  
Excess spread financing 0 0  
Recurring Fair Value Measurements | Level 1 | IRLCs      
Assets      
Fair Value 0 0  
Recurring Fair Value Measurements | Level 1 | LPCs      
Assets      
Fair Value 0 0  
Recurring Fair Value Measurements | Level 1 | Forward MBS trades      
Assets      
Fair Value 0 0  
Fair Value 0 0  
Recurring Fair Value Measurements | Level 1 | Treasury futures      
Assets      
Fair Value 0 0  
Fair Value 0    
Recurring Fair Value Measurements | Level 2      
Assets      
Mortgage loans held for sale 988 846  
Mortgage servicing rights 0 0  
Equity investments 0 0  
Liabilities      
Mortgage servicing rights financing 0 0  
Excess spread financing 0 0  
Recurring Fair Value Measurements | Level 2 | IRLCs      
Assets      
Fair Value 0 0  
Recurring Fair Value Measurements | Level 2 | LPCs      
Assets      
Fair Value 0 0  
Recurring Fair Value Measurements | Level 2 | Forward MBS trades      
Assets      
Fair Value 9 22  
Fair Value 10 9  
Recurring Fair Value Measurements | Level 2 | Treasury futures      
Assets      
Fair Value 18 113  
Fair Value 1    
Recurring Fair Value Measurements | Level 3      
Assets      
Mortgage loans held for sale 82 81  
Mortgage servicing rights 9,796 9,090  
Equity investments 8 8  
Liabilities      
Mortgage servicing rights financing 35 29  
Excess spread financing 420 437  
Recurring Fair Value Measurements | Level 3 | IRLCs      
Assets      
Fair Value 27 21  
Recurring Fair Value Measurements | Level 3 | LPCs      
Assets      
Fair Value 1 3  
Recurring Fair Value Measurements | Level 3 | Forward MBS trades      
Assets      
Fair Value 0 0  
Fair Value 0 0  
Recurring Fair Value Measurements | Level 3 | Treasury futures      
Assets      
Fair Value 0 $ 0  
Fair Value $ 0