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Pay vs Performance Disclosure
Unit_pure in Millions
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay Versus Performance
The SEC has adopted a rule requiring annual disclosure of
pay-versus-performance
which shows the relationship between executive compensation actually paid and the Company’s performance. The following pay versus performance disclosure is based on upon permitted methodology, pursuant to the SEC guidance under Item 402(v) of Regulation
S-K.
Our CEO is the principal executive officer (“PEO”). The following table sets forth information concerning the compensation of our PEO and other NEOs for each of the fiscal years ending December 31, 2020, 2021 and 2022 and our financial performance for each such fiscal year:
 
                    
Value of Initial Fixed

$100 Investment

Based on:
          
Year
  
Summary
Compensation
Table Total for
PEO
(1)
  
Compensation
Actually Paid
to PEO
(1,2,3)
  
Average
Summary
Compensation
Table Total for
Non-PEO NEOs
(1)
  
Average
Compensation
Actually Paid to
Non-PEO

NEOs
(1,2,3)
   
TSR
   
Peer
Group
TSR
(4)
   
Net
Income

(millions)
   
Tangible
Book Value

(millions)
2022   $10,762,373   $10,654,884   $2,808,655   $  2,810,727    $321    $111    $  923    $3,929
                 
2021   $  8,761,455   $19,701,296   $3,359,019   $  5,536,118    $333    $126    $1,454    $3,233
                 
2020   $  9,261,290   $40,893,899   $3,689,256   $12,707,838    $248    $  96    $  307    $2,353
 
(1)
The PEO in each covered year is Mr. Bray. The
Non-PEO
NEOs for whom the average compensation is presented in this table are: for fiscal 2022, Messrs. Gow, Johnson, Marshall and Rawls; for fiscal 2021 and 2020, Messrs. Burns, Ebers, Marshall and Rawls.
 
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation
S-K
and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table total with certain adjustments as described in footnote 3 below.
 
(3)
Adjustments:
 
    
2020
    
2021
    
2022
  
             
    
PEO
    
Average non-
PEO NEOs
    
PEO
    
Average non-
PEO NEOs
    
PEO
    
Average non-

PEO NEOs
  
             
Total Amounts Reported in the Summary Compensation Table for Applicable FY
    $ 9,261,290     $ 3,689,256     $ 8,761,455     $ 3,359,019     $ 10,762,373     $ 2,808,655  
             
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY
    $ (3,500,000 )    $ (937,504 )    $ (4,750,000 )    $ (1,612,511 )    $ (7,250,173 )    $ (1,527,056 ) 
             
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End
    $ 16,442,974     $ 3,646,734     $ 7,960,519     $ 2,036,075     $ 4,777,273     $ 1,069,909  
             
Increase/deduction for Awards Granted during a Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End
    $ 18,658,901     $ 6,298,140     $ 6,974,323     $ 1,453,292     $ (1,107,235 )    $ (163,698 ) 
             
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date
      –       –       –       –       –       –  
             
Increase/deduction for Awards Granted during a Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date
    $ 30,734     $ 11,212     $ 754,999     $ 300,243     $ 3,472,646     $ 622,917  
             
Deduction of ASC 718 Fair Value of Awards Granted during a Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End
      –       –       –       –       –       –  
             
Increase based on Dividends or Other Earnings Paid during Applicable FY prior to Vesting Date
      –       –       –       –       –       –  
             
Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY
      –       –       –       –       –       –  
             
Deduction for Change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation Table for Applicable FY
      –       –       –       –       –       –  
             
Increase for Service Cost and, if applicable, Prior Service Cost for Pension Plans
      –       –       –       –       –       –  
             
TOTALS
   
$
  40,893,899
 
  
$
  12,707,838
 
  
$
  19,701,296
 
  
$
  5,536,118
 
  
$
  10,654,884
 
  
$
2,810,727
 
 
(4)
We selected the S&P Composite 1500 Financials Index as our peer group for purposes of this disclosure. This index is also utilized in (a) our Annual Reports on Form
10-K
in connection with the required performance graph and (b) our 2023 PSU plan to measure relative TSR.
   
Company Selected Measure Name Tangible Book Value    
Named Executive Officers, Footnote [Text Block] The
Non-PEO
NEOs for whom the average compensation is presented in this table are: for fiscal 2022, Messrs. Gow, Johnson, Marshall and Rawls; for fiscal 2021 and 2020, Messrs. Burns, Ebers, Marshall and Rawls. 		   
Peer Group Issuers, Footnote [Text Block] We selected the S&P Composite 1500 Financials Index as our peer group for purposes of this disclosure    
PEO Total Compensation Amount $ 10,762,373 $ 8,761,455 $ 9,261,290
PEO Actually Paid Compensation Amount $ 10,654,884 19,701,296 40,893,899
Adjustment To PEO Compensation, Footnote [Text Block]
    
2020
    
2021
    
2022
  
             
    
PEO
    
Average non-
PEO NEOs
    
PEO
    
Average non-
PEO NEOs
    
PEO
    
Average non-

PEO NEOs
  
             
Total Amounts Reported in the Summary Compensation Table for Applicable FY
    $ 9,261,290     $ 3,689,256     $ 8,761,455     $ 3,359,019     $ 10,762,373     $ 2,808,655  
             
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY
    $ (3,500,000 )    $ (937,504 )    $ (4,750,000 )    $ (1,612,511 )    $ (7,250,173 )    $ (1,527,056 ) 
             
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End
    $ 16,442,974     $ 3,646,734     $ 7,960,519     $ 2,036,075     $ 4,777,273     $ 1,069,909  
             
Increase/deduction for Awards Granted during a Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End
    $ 18,658,901     $ 6,298,140     $ 6,974,323     $ 1,453,292     $ (1,107,235 )    $ (163,698 ) 
             
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date
      –       –       –       –       –       –  
             
Increase/deduction for Awards Granted during a Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date
    $ 30,734     $ 11,212     $ 754,999     $ 300,243     $ 3,472,646     $ 622,917  
             
Deduction of ASC 718 Fair Value of Awards Granted during a Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End
      –       –       –       –       –       –  
             
Increase based on Dividends or Other Earnings Paid during Applicable FY prior to Vesting Date
      –       –       –       –       –       –  
             
Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY
      –       –       –       –       –       –  
             
Deduction for Change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation Table for Applicable FY
      –       –       –       –       –       –  
             
Increase for Service Cost and, if applicable, Prior Service Cost for Pension Plans
      –       –       –       –       –       –  
             
TOTALS
   
$
  40,893,899
 
  
$
  12,707,838
 
  
$
  19,701,296
 
  
$
  5,536,118
 
  
$
  10,654,884
 
  
$
2,810,727
 
    
Non-PEO NEO Average Total Compensation Amount $ 2,808,655 3,359,019 3,689,256
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,810,727 5,536,118 12,707,838
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
    
2020
    
2021
    
2022
  
             
    
PEO
    
Average non-
PEO NEOs
    
PEO
    
Average non-
PEO NEOs
    
PEO
    
Average non-

PEO NEOs
  
             
Total Amounts Reported in the Summary Compensation Table for Applicable FY
    $ 9,261,290     $ 3,689,256     $ 8,761,455     $ 3,359,019     $ 10,762,373     $ 2,808,655  
             
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY
    $ (3,500,000 )    $ (937,504 )    $ (4,750,000 )    $ (1,612,511 )    $ (7,250,173 )    $ (1,527,056 ) 
             
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End
    $ 16,442,974     $ 3,646,734     $ 7,960,519     $ 2,036,075     $ 4,777,273     $ 1,069,909  
             
Increase/deduction for Awards Granted during a Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End
    $ 18,658,901     $ 6,298,140     $ 6,974,323     $ 1,453,292     $ (1,107,235 )    $ (163,698 ) 
             
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date
      –       –       –       –       –       –  
             
Increase/deduction for Awards Granted during a Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date
    $ 30,734     $ 11,212     $ 754,999     $ 300,243     $ 3,472,646     $ 622,917  
             
Deduction of ASC 718 Fair Value of Awards Granted during a Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End
      –       –       –       –       –       –  
             
Increase based on Dividends or Other Earnings Paid during Applicable FY prior to Vesting Date
      –       –       –       –       –       –  
             
Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY
      –       –       –       –       –       –  
             
Deduction for Change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation Table for Applicable FY
      –       –       –       –       –       –  
             
Increase for Service Cost and, if applicable, Prior Service Cost for Pension Plans
      –       –       –       –       –       –  
             
TOTALS
   
$
  40,893,899
 
  
$
  12,707,838
 
  
$
  19,701,296
 
  
$
  5,536,118
 
  
$
  10,654,884
 
  
$
2,810,727
 
    
Compensation Actually Paid vs. Total Shareholder Return [Text Block] LOGO    
Compensation Actually Paid vs. Net Income [Text Block] LOGO    
Compensation Actually Paid vs. Company Selected Measure [Text Block] LOGO    
Total Shareholder Return Vs Peer Group [Text Block]
LOGO
*
Peer Group TSR is S&P Composite 1500 Financials index
 
    
Tabular List [Table Text Block]
For fiscal year 2022, our Compensation Committee identified the performance measures listed below (listed in no particular order) as the most important in its compensation-setting process for our NEOs:
 
 
Financial Performance Measures
 
     
  Tangible Book Value      TSR          Adjusted EBT
    
Total Shareholder Return Amount $ 321 333 248
Peer Group Total Shareholder Return Amount 111 126 96
Net Income (Loss) $ 923,000,000 $ 1,454,000,000 $ 307,000,000
Company Selected Measure Amount 3,929 3,233 2,353
PEO Name Mr. Bray    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Tangible Book Value    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name TSR    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted EBT    
PEO [Member] | Deduct: Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (from Summary Compensation Table) $ (7,250,173) $ (4,750,000) $ (3,500,000)
PEO [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (from Summary Compensation Table) 3,472,646 754,999 30,734
PEO [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (from Summary Compensation Table) 4,777,273 7,960,519 16,442,974
PEO [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (from Summary Compensation Table) (1,107,235) 6,974,323 18,658,901
Non-PEO NEO [Member] | Deduct: Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (from Summary Compensation Table) (1,527,056) (1,612,511) (937,504)
Non-PEO NEO [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (from Summary Compensation Table) 622,917 300,243 11,212
Non-PEO NEO [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (from Summary Compensation Table) 1,069,909 2,036,075 3,646,734
Non-PEO NEO [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (from Summary Compensation Table) $ (163,698) $ 1,453,292 $ 6,298,140