v3.25.1
Mortgage Servicing - Schedule of Activity Related to MSRs - Fair Value Measurement Method (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Servicing Asset at Fair Value, Amount [Roll Forward]      
Beginning balance $ 2,466.3 $ 2,272.2  
Servicing Asset at Fair Value, Disposals 0.1 0.0  
Recognized on the sale of residential mortgage loans 60.5 34.7  
Purchases of MSRs 98.3 27.0  
Servicing transfers and adjustments 0.0 (1.3)  
Changes in fair value recognized in earnings:      
Changes in valuation inputs or assumptions (19.6) 101.8  
Realization of cash flows (58.2) (59.8)  
Ending balance 2,547.4    
Assets serviced 178,100.0   $ 170,300.0
Servicing Asset at Fair Value, Period Increase (Decrease) (77.8)    
Servicing assets at fair value, net additions (sales) recognized 158.9    
Derivative, Gain (Loss) on Derivative, Net (8.6) 49.3  
MSR valuation adjustments, net 38.9 11.6  
Total MSR Reserve Fair Value Gains (Losses) (77.8) 42.0  
Financing Liability Mortgage Servicing Rights Pledged [Member]      
Changes in fair value recognized in earnings:      
Realization of expected cash flows 17.0 19.9  
Derivative, Gain (Loss) on Derivative, Net 20.8 (53.7)  
Fair Value Agency Mortgage Servicing Rights      
Changes in fair value recognized in earnings:      
Ending balance   2,374.7  
Servicing Asset at Fair Value, Period Increase (Decrease)   42.0  
Servicing assets at fair value, net additions (sales) recognized   $ 60.4  
Rithm Capital Corp . and others      
Servicing Asset at Fair Value, Amount [Roll Forward]      
Beginning balance 266.1    
Changes in fair value recognized in earnings:      
Ending balance 265.6    
Assets serviced 19,100.0   19,000.0
Transferred MSR, Subject To Pledged Liability      
Servicing Asset at Fair Value, Amount [Roll Forward]      
Beginning balance 596.7    
Changes in fair value recognized in earnings:      
Ending balance 591.3    
Assets serviced 40,300.0   40,500.0
Fair Value GSE Mortgage Servicing Rights      
Servicing Asset at Fair Value, Amount [Roll Forward]      
Beginning balance 1,902.5    
Changes in fair value recognized in earnings:      
Ending balance 1,985.9    
Assets serviced 137,100.0   129,300.0
Fair Value GNMA Mortgage Servicing Rights      
Servicing Asset at Fair Value, Amount [Roll Forward]      
Beginning balance 351.6    
Changes in fair value recognized in earnings:      
Ending balance 354.7    
Assets serviced 19,900.0   19,400.0
Fair Value Non-Agency Mortgage Servicing Rights      
Servicing Asset at Fair Value, Amount [Roll Forward]      
Beginning balance 212.2    
Changes in fair value recognized in earnings:      
Ending balance 206.8    
Assets serviced $ 21,100.0   $ 21,600.0