v3.26.1
Segments - Schedule of Key Operating Data for Business Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Gain on sale of loans, net $ 1,205 $ 816 $ 2,581 $ 1,588
Servicing fee income 1,066 401 2,149 802
Change in fair value of MSRs, net (616) (199) (1,101) (648)
Interest income 583 237 1,090 438
Other income 546 196 1,006 373
Total revenue, net 2,784 1,451 5,725 2,553
All Other        
Revenue        
Gain on sale of loans, net 30 22 58 38
Servicing fee income 5 1 8 2
Change in fair value of MSRs, net (3) 0 (3) 0
Interest income 43 36 81 64
Other income 435 123 785 243
Total revenue, net 510 182 929 347
Expenses        
Salaries, commissions and team member benefits 178 49 310 91
General and administrative expenses 23 9 43 25
Marketing and advertising expenses 117 46 266 106
Interest expense 6 6 12 13
Other expenses 5 2 9 4
Directly attributable expenses 329 112 640 239
Change in fair value of MSRs and related liabilities due to valuation assumptions (net of hedges) 0 0 0 0
Contribution margin 181 70 289 108
Mortgage | Reportable segments        
Revenue        
Gain on sale of loans, net 1,175 794 2,523 1,550
Servicing fee income 1,061 400 2,141 800
Change in fair value of MSRs, net (613) (199) (1,098) (648)
Interest income 540 201 1,009 374
Other income 111 73 221 130
Total revenue, net 2,274 1,269 4,796 2,206
Expenses        
Salaries, commissions and team member benefits 442 331 901 661
General and administrative expenses 172 102 378 185
Marketing and advertising expenses 174 230 370 446
Interest expense 225 91 428 155
Other expenses 64 45 143 83
Directly attributable expenses 1,077 799 2,220 1,530
Change in fair value of MSRs and related liabilities due to valuation assumptions (net of hedges) (23) (20) (142) 239
Contribution margin $ 1,174 $ 450 $ 2,434 $ 915