v3.26.1
Short-Term Debt - Assets Sold Under Agreement to Repurchase (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Carrying value:      
Unpaid principal balance $ 10,183,904    
Total loans sold under agreements to repurchase 10,177,643   $ 8,794,002
Loans held for sale 9,954,495   9,123,410
Servicing advances, net 622,890   589,542
Mortgage servicing rights, at fair value 10,149,036   9,598,941
Other Assets $ 1,009,168   1,026,913
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember    
Loan Repo Facility      
During the period:      
Average balance of assets sold under agreements to repurchase $ 7,971,975 $ 6,109,683  
Weighted-average interest rate 5.28% 5.94%  
Total interest expense $ 110,018 $ 94,229  
Maximum daily amount outstanding 10,183,904 8,589,915  
Carrying value:      
Unpaid principal balance 10,183,904   8,801,215
Unamortized debt issuance costs (6,261)   (7,213)
Total loans sold under agreements to repurchase $ 10,177,643   $ 8,794,002
Weighted average interest rate 5.18%   5.18%
Available borrowing capacity committed $ 1,193,285   $ 1,486,344
Available borrowing capacity uncommitted 3,480,243   3,367,758
Available borrowing capacity 4,673,528   4,854,102
Amortization of debt issuance costs 6,200 $ 4,800  
Asset Pledged as Collateral without Right      
Carrying value:      
Loans held for sale 9,799,780   8,983,503
Servicing advances, net $ 394,107   $ 406,825
Assets, Pledging Purpose [Extensible Enumeration] Notes Payable   Notes Payable
Mortgage servicing rights, at fair value $ 9,901,292   $ 9,367,851
Other Assets $ 15,241   $ 10,393
Asset Pledged as Collateral without Right | Mortgage servicing rights      
Carrying value:      
Assets, Pledging Purpose [Extensible Enumeration] Notes Payable   Notes Payable
Asset Pledged as Collateral without Right | Loan Repo Facility | Principal-only stripped MBS      
Carrying value:      
Principal-only stripped MBS $ 659,235   $ 722,528
Asset Pledged as Collateral without Right | Loan Repo Facility | Servicing advances      
Carrying value:      
Servicing advances, net 394,107   406,825
Asset Pledged as Collateral without Right | Loan Repo Facility | Mortgage servicing rights      
Carrying value:      
Mortgage servicing rights, at fair value 9,425,085   7,968,105
Asset Pledged as Collateral without Right | Mortgage loans held for sale | Loan Repo Facility | Loans held for sale      
Carrying value:      
Loans held for sale 9,067,257   8,245,256
Asset Pledged as Collateral without Right | Deposits.      
Carrying value:      
Other Assets 15,241   10,393
Asset Pledged as Collateral without Right | Deposits. | Margin deposits      
Carrying value:      
Other Assets 12,630   10,393
Asset Pledged as Collateral without Right | Deposits. | Loan Repo Facility | Margin deposits      
Carrying value:      
Other Assets $ 15,241   $ 10,393