v3.25.1
Borrowings - Schedule of Mortgage Loan Warehouse and MSR Financing Facilities (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Feb. 28, 2025
Jan. 31, 2025
Dec. 31, 2024
Sep. 13, 2024
Feb. 29, 2024
Jun. 15, 2023
Line of Credit Facility [Line Items]              
Unamortized debt issuance costs $ (29.9)     $ (35.4)      
Percentage Of The Limited Liability Company Interest 100.00% 100.00%          
Mortgage loan financing facilities              
Line of Credit Facility [Line Items]              
Weighted average interest rate 5.40%     5.46%      
Prepaid lender fees, net $ 1.1     $ 1.0      
Secured Debt              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 57.7            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 98.2            
Total Financing liabilities 1,136.0     958.0      
Unamortized debt issuance costs 0.0     (0.1)      
Outstanding borrowings (MSR financing facilities, net) $ 1,136.0     $ 957.9      
Weighted average interest rate 7.27%     7.18%      
Secured Debt | Financing Agreements              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount $ 1,214.4            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 216.9            
Total Financing liabilities $ 1,124.9     $ 1,046.3      
Warehouse Facilities, Maximum Term 364 days            
Secured Debt | Securitization Notes              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount $ 0.0            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 0.0            
Total Financing liabilities 482.3     517.3      
Secured Debt | Mortgage loan financing facilities              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 1,214.4            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 216.9            
Total Financing liabilities 1,607.2     1,563.6      
Outstanding borrowings (MSR financing facilities, net) 1,577.4     1,528.2      
MSR financing facilities              
Line of Credit Facility [Line Items]              
Available borrowing capacity 27.0            
Mortgage Warehouse Agreement              
Line of Credit Facility [Line Items]              
Available borrowing capacity 0.0            
OLIT 2023 Notes | Secured Debt | Securitization Notes              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 0.0            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 0.0            
OLIT Notes FY 2022 | Secured Debt | Securitization Notes              
Line of Credit Facility [Line Items]              
Total Financing liabilities 101.2     107.3      
OLIT Asset-Backed Notes, Series 2024-HBI | Secured Debt | Securitization Notes              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 0.0            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 0.0            
Total Financing liabilities 148.8     160.9      
Agency Mortgage Servicing Rights Financing Facility | Secured Debt              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 0.0            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 95.2            
Total Financing liabilities 554.8     415.1      
Maximum borrowing capacity     $ 650.0 500.0      
Ginnie Mae Mortgage Servicing Rights Financing Facility | Secured Debt              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 54.1            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 0.0            
Total Financing liabilities 245.9     244.7      
Ocwen Excess Spread-Collateralized Notes, Series 2019/2022-PLS1 Class A | Secured Debt              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 0.0            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 0.0            
Total Financing liabilities $ 0.0     25.6      
Interest rate (as a percent) 5.114%            
Debt instrument, face amount $ 75.0            
OASIS Series 2014-1 | Secured Debt              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 0.0            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 0.0            
Total Financing liabilities 21.9     23.1      
Agency MSR Financing Facility Revolving Loan              
Line of Credit Facility [Line Items]              
Prepaid lender fees, net 3.0     2.1      
Agency MSR Financing Facility Revolving Loan | Secured Debt              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 0.0            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 3.1            
Total Financing liabilities 246.9     249.5      
Maximum borrowing capacity   $ 400.0 $ 250.0        
OLIT Asset-Backed Notes, Series 2024-HB2 | Secured Debt | Securitization Notes              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 0.0            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 0.0            
Total Financing liabilities 232.3     249.1      
70 Million PLS MSR Financing Facility | Secured Debt              
Line of Credit Facility [Line Items]              
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount 3.6            
Debt Instrument, Remaining Borrowing Capacity, Committed Amount 0.0            
Total Financing liabilities 66.4     $ 0.0      
Debt instrument, face amount $ 70.0            
OLIT 2023-HB1, OLIT 2024-HB1 and OLIT 2024-HB2 | Secured Debt              
Line of Credit Facility [Line Items]              
Total Financing liabilities         $ 330.6 $ 268.6 $ 264.9
Interest rate (as a percent)         5.00% 3.00% 3.00%
Debt Instrument, Mandatory Call Period 3 years            
Debt Instruent, Redemption Percentage Of Premium 1.00%