v3.25.2
Financing - Narrative (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
May 13, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Mar. 31, 2025
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Debt Instrument [Line Items]                
Percent of equity of the amount at risk under repurchase agreements     10.00%   10.00%      
Revolving credit facilities     $ 1,011,871   $ 1,020,171      
Mortgage servicing rights, at fair value   $ 3,065,415 3,015,643 $ 3,065,415 2,994,271 $ 2,959,773 $ 3,084,879 $ 3,052,016
Servicing advances     90,400   141,600      
Warehouse lines of credit     9,275   2,032      
Mortgage loans held-for-sale, at fair value     9,888   2,334      
Senior notes     110,867   0      
Repurchase of convertible senior notes     0 9,675        
Convertible senior notes     260,944   260,229      
Asset Pledged as Collateral                
Debt Instrument [Line Items]                
Mortgage servicing rights, at fair value     $ 2,900,000   $ 3,000,000      
Revolving credit facilities                
Debt Instrument [Line Items]                
Weighted average borrowing rate     7.36%   7.56%      
Weighted average remaining maturity     1 year 8 months 12 days   1 year 7 months 6 days      
Revolving credit facilities | Asset Pledged as Collateral                
Debt Instrument [Line Items]                
Mortgage servicing rights, at fair value     $ 1,600,000   $ 1,600,000      
Servicing advances     $ 92,000   $ 118,700      
Warehouse lines of credit                
Debt Instrument [Line Items]                
Weighted average remaining maturities     90 days          
Weighted average remaining maturities     60 days          
Weighted average borrowing rate     6.31%   6.64%      
Weighted average remaining maturities     75 days   87 days      
Cash held in restricted accounts as collateral     $ 400   $ 400      
Warehouse lines of credit | Asset Pledged as Collateral                
Debt Instrument [Line Items]                
Mortgage loans held-for-sale, at fair value     9,500   2,100      
Senior Notes                
Debt Instrument [Line Items]                
Aggregate principal amount $ 115,000              
Secured financing interest rate per annum 9.375%              
Redemption price 100.00%              
Net proceeds $ 110,800              
Senior notes     110,900          
Senior Notes Overallotment Option                
Debt Instrument [Line Items]                
Aggregate principal amount $ 15,000              
Convertible Senior Notes                
Debt Instrument [Line Items]                
Aggregate principal amount     $ 261,900   $ 261,900      
Secured financing interest rate per annum     6.25%          
Convertible senior notes conversion ratio     0.0338752   0.0338752      
Principal amount repurchased   10,000   10,000        
Repurchase of convertible senior notes   9,700   9,700        
Gain on repurchase of convertible notes   $ 200   $ 200