v3.25.1
Loans Held for Sale - Fair Value - Schedule of Loans Held for Sale Fair Value (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Movement In Loans Held For Sale At Fair Value [Roll Forward]    
Beginning balance $ 1,290.2 $ 674.2
Originations and purchases 4,273.3 2,988.9
Proceeds from sales (4,082.6) (2,581.0)
Principal collections (32.0) (23.1)
Loans held for investment, at fair value 3.1 1.0
Receivables (20.5) (10.6)
REO (Other assets) (12.3) (3.0)
Advances (incl. capitalization upon Ginnie Mae modifications) 4.8 2.1
Fair value gain (loss) on loans held for sale, at fair value (1) (35.4) (27.5)
Other (2) 13.6 4.7
Ending balance 1,402.2 1,025.7
Principal amount outstanding on loans held for sale 1,491.4 1,401.2
Premium (discount) balance on loans held for sale (76.4) (91.6)
Fair value adjustment to loans held for sale (12.8) (19.4)
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans Held-for-sale, Fair Value Disclosure 1,402.2 $ 1,025.7
GSE loans    
Movement In Loans Held For Sale At Fair Value [Roll Forward]    
Beginning balance 610.8  
Ending balance 722.6  
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans Held-for-sale, Fair Value Disclosure 722.6  
Government- Forward loans    
Movement In Loans Held For Sale At Fair Value [Roll Forward]    
Beginning balance 215.5  
Ending balance 191.9  
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans Held-for-sale, Fair Value Disclosure 191.9  
Repurchased Ginnie Mae Loans    
Movement In Loans Held For Sale At Fair Value [Roll Forward]    
Beginning balance 26.1  
Ending balance 38.6  
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans Held-for-sale, Fair Value Disclosure 38.6  
Reverse Loans    
Movement In Loans Held For Sale At Fair Value [Roll Forward]    
Beginning balance 432.4  
Ending balance 442.6  
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans Held-for-sale, Fair Value Disclosure 442.6  
Other residential mortgage loans    
Movement In Loans Held For Sale At Fair Value [Roll Forward]    
Beginning balance 5.3  
Ending balance 6.4  
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans Held-for-sale, Fair Value Disclosure $ 6.4