XML 66 R51.htm IDEA: XBRL DOCUMENT v3.25.1
Indebtedness - Advance and Warehouse Facilities Summary (Details) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
Advance, warehouse and MSR facilities, net $ 6,313,000,000 $ 6,495,000,000
Advance Facilities | Servicing | Loans payable | $350 Advance Facility Due October 2026 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 350,000,000  
Outstanding 108,000,000 119,000,000
Collateral Pledged 136,000,000 151,000,000
Advance Facilities | Servicing | Loans payable | $500 Advance Facility Due August 2026 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 500,000,000  
Outstanding 318,000,000 423,000,000
Collateral Pledged 358,000,000 475,000,000
Advance Facilities | Servicing | Loans payable | $50 Advance facility due July 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 50,000,000  
Outstanding 22,000,000 22,000,000
Collateral Pledged 26,000,000 40,000,000
Advance Facilities | Servicing | Loans payable | $500 Advance Facility Due July 2026    
Debt Instrument [Line Items]    
Capacity Amount 500,000,000  
Outstanding 257,000,000 285,000,000
Collateral Pledged 366,000,000 394,000,000
Advance Facilities | Servicing | Notes payable to banks    
Debt Instrument [Line Items]    
Outstanding 705,000,000 849,000,000
Collateral Pledged 886,000,000 1,060,000,000
Advance Facilities | Servicing | Notes payable to banks | $50 Advance facility due July 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 50,000,000  
Warehouse Facilities | Originations | Notes payable to banks    
Debt Instrument [Line Items]    
Outstanding 2,324,000,000 2,016,000,000
Collateral Pledged 2,505,000,000 2,168,000,000
Warehouse Facilities | Originations | Notes payable to banks | $1500 Warehouse Facility Due June 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 1,500,000,000  
Outstanding 90,000,000 68,000,000
Collateral Pledged 90,000,000 71,000,000
Warehouse Facilities | Originations | Notes payable to banks | $750 Warehouse Facility due March 2027 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 750,000,000  
Outstanding 195,000,000 112,000,000
Collateral Pledged 230,000,000 140,000,000
Warehouse Facilities | Originations | Notes payable to banks | $1000 Warehouse Facility Due October 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 1,000,000,000 750,000,000
Outstanding 388,000,000 489,000,000
Collateral Pledged 417,000,000 530,000,000
Warehouse Facilities | Originations | Notes payable to banks | $500 Million WH Facility Due June 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 500,000,000  
Outstanding 56,000,000 90,000,000
Collateral Pledged 72,000,000 99,000,000
Warehouse Facilities | Originations | Notes payable to banks | $600 Million Warehouse Facility Due August 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 600,000,000  
Outstanding 404,000,000 368,000,000
Collateral Pledged 413,000,000 381,000,000
Warehouse Facilities | Originations | Notes payable to banks | $1200 Warehouse Facility Due September 2026 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 1,200,000,000  
Outstanding 283,000,000 131,000,000
Collateral Pledged 323,000,000 148,000,000
Warehouse Facilities | Originations | Notes payable to banks | $200 Million Warehouse Facility Due December 2026 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 200,000,000  
Outstanding 159,000,000 112,000,000
Collateral Pledged 181,000,000 123,000,000
Warehouse Facilities | Originations | Notes payable to banks | $200 Warehouse Facility due April 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 200,000,000  
Outstanding 0 0
Collateral Pledged 0 0
Warehouse Facilities | Originations | Notes payable to banks | $100 million WH facility due April 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 100,000,000  
Outstanding 36,000,000 56,000,000
Collateral Pledged 41,000,000 62,000,000
Warehouse Facilities | Originations | Notes payable to banks | $100 million warehouse facility due April 2026 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 100,000,000  
Outstanding 0 0
Collateral Pledged 0 0
Warehouse Facilities | Originations | Notes payable to banks | $200 Warehouse Facility due July 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 200,000,000  
Outstanding 145,000,000 105,000,000
Collateral Pledged 145,000,000 105,000,000
Warehouse Facilities | Originations | Notes payable to banks | $1 Warehouse Facility due December 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 1,000,000  
Outstanding 0 0
Collateral Pledged 0 0
Warehouse Facilities | Originations | Notes payable to banks | $1,200 warehouse facility    
Debt Instrument [Line Items]    
Capacity Amount 1,200,000,000  
Warehouse Facilities | Originations | Notes payable to banks | $500 Million WH Facility Due November 2025    
Debt Instrument [Line Items]    
Capacity Amount 500,000,000  
Outstanding 413,000,000 247,000,000
Collateral Pledged 427,000,000 256,000,000
Warehouse Facilities | Originations | Notes payable to banks | $250 Million WH Facility Due November 2025    
Debt Instrument [Line Items]    
Capacity Amount 250,000,000  
Outstanding 155,000,000 238,000,000
Collateral Pledged 166,000,000 253,000,000
MSR Facilities | Servicing | Notes payable to banks    
Debt Instrument [Line Items]    
Outstanding 3,300,000,000 3,650,000,000
Collateral Pledged 10,452,000,000 10,788,000,000
MSR Facilities | Servicing | Notes payable to banks | $1750 warehouse facility    
Debt Instrument [Line Items]    
Capacity Amount 2,000,000,000  
MSR Facilities | Servicing | Notes payable to banks | $950 million MSR facility    
Debt Instrument [Line Items]    
Capacity Amount 950,000,000  
Outstanding 345,000,000 550,000,000
Collateral Pledged 1,414,000,000 1,711,000,000
MSR Facilities | Servicing | Notes payable to banks | $1750 million MSR facility due April 2026Member [Member]    
Debt Instrument [Line Items]    
Capacity Amount 1,750,000,000  
Outstanding 900,000,000 950,000,000
Collateral Pledged 2,753,000,000 2,669,000,000
MSR Facilities | Servicing | Notes payable to banks | $950 MSR WH Facility Due July 2026 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 950,000,000 750,000,000
Outstanding 550,000,000 670,000,000
Collateral Pledged 1,017,000,000 1,066,000,000
MSR Facilities | Servicing | Notes payable to banks | $500 MSR Facility Due April 2027 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 500,000,000  
Outstanding 250,000,000 250,000,000
Collateral Pledged 752,000,000 781,000,000
MSR Facilities | Servicing | Notes payable to banks | $500 MSR Facility Due June 2026 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 500,000,000  
Outstanding 150,000,000 150,000,000
Collateral Pledged 736,000,000 726,000,000
MSR Facilities | Servicing | Notes payable to banks | $50 Warehouse Facility Due November 2025 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 50,000,000  
Outstanding 25,000,000 25,000,000
Collateral Pledged 85,000,000 80,000,000
MSR Facilities | Servicing | Notes payable to banks | $500 MSR WH Facility Due June 2026 [Member]    
Debt Instrument [Line Items]    
Capacity Amount 500,000,000  
Outstanding 250,000,000 250,000,000
Collateral Pledged 496,000,000 519,000,000
MSR Facilities | Servicing | Notes payable to banks | $1500 million MSR facility due July 2026    
Debt Instrument [Line Items]    
Capacity Amount 1,500,000,000  
Outstanding 475,000,000 475,000,000
Collateral Pledged 2,583,000,000 2,607,000,000
MSR Facilities | Servicing | Notes payable to banks | $500 MSR WH Mizuho Facility Due July 2026    
Debt Instrument [Line Items]    
Capacity Amount 500,000,000  
Outstanding 355,000,000 330,000,000
Collateral Pledged 616,000,000 629,000,000
Advance Financing, Internally Allocated | Servicing | Loans payable | $500 Advance Facility Due July 2026    
Debt Instrument [Line Items]    
Capacity Amount 500,000,000  
MSR Financing, Internally Allocated | Servicing | Notes payable to banks | $950 million MSR facility    
Debt Instrument [Line Items]    
Capacity Amount 950,000,000  
MSR Financing, Internally Allocated | Servicing | Notes payable to banks | $1500 million MSR facility due July 2026    
Debt Instrument [Line Items]    
Capacity Amount 1,500,000,000  
Advance, Warehouse and MSR Facilities    
Debt Instrument [Line Items]    
Outstanding 6,329,000,000 6,515,000,000
Collateral Pledged 13,843,000,000 14,016,000,000
Unamortized debt issuance costs (16,000,000) (20,000,000)
Advance, warehouse and MSR facilities, net $ 6,313,000,000 $ 6,495,000,000