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Mortgage Servicing Rights and Related Liabilities - Servicing Revenue (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Transfers and Servicing [Abstract]        
Contractually specified servicing fees(1) $ 610 $ 547 $ 1,231 $ 1,061
Other service-related income(1) 19 16 54 38
Incentive and modification income(1) 22 16 47 34
Servicing late fees(1) 38 31 76 61
MSR MTM (64) (155) 210 (344)
(Gain) loss on MSR hedging activities (29) (103) 180 (225)
Loss (gain) on MSR and excess yield sales 3 23 (12) 11
Reclassifications to reserve provision(2) (10) (6) (16) (12)
Excess spread / MSR financing MTM 3 0 8 (6)
Total mark-to-market adjustments - Servicing (31) (69) 50 (112)
MSR amortization 287 226 518 405
Excess spread accretion (9) (9) (17) (18)
Total amortization, net of accretion 278 217 501 387
Originations service related fees(3) 30 19 56 35
Corporate/Xome service related fees 16 20 33 42
Other(4) 16 16 34 33
Total revenues - service related, net 472 485 912 963
Cash Flows Between Transferor and Transferee, Servicing Fees $ 208 $ 189 $ 411 $ 374