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Securitizations and Financings (Tables)
 6 Months Ended
Jun. 30, 2025
Variable Interest Entities and Securitizations [Abstract]  
Schedule of assets and liabilities of VIEs included in financial statements
A summary of the assets and liabilities of the Company’s transactions with VIEs included in the Company’s condensed consolidated balance sheets is presented below:
June 30, 2025December 31, 2024
Consolidated Transactions with VIEsTransfers
Accounted for as
Secured
Borrowings		Transfers
Accounted for as
Secured
Borrowings
Assets
Restricted cash$137 $188 
Advances and other receivables, net773 1,020 
Total assets$910 $1,208 
Liabilities
Advance facilities, net(1)
$605 $824 
Warehouse facilities, net(1)
629 — 
MSR facilities, net(1)
471 469 
Payables and other liabilities5 3 
Total liabilities$1,710 $1,296 

(1)Refer to Note 9, Indebtedness, for additional information.

The following table shows a summary of the outstanding collateral and certificate balances for securitization trusts for which the Company was the transferor, including any retained beneficial interests and MSRs, that were not consolidated by the Company:
Unconsolidated Securitization TrustsJune 30, 2025December 31, 2024
Total collateral balances - UPB$757 $798 
Total certificate balances$732 $773 
A summary of mortgage loans transferred by the Company to unconsolidated securitization trusts that are 60 days or more past due are presented below:
Principal Amount of Transferred Loans 60 Days or More Past DueJune 30, 2025December 31, 2024
Unconsolidated securitization trusts$72 $81