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Warehouse Receivables & Warehouse Lines of Credit - Summary of Warehouse Lines of Credit in Place (Details) - USD ($) |  |  | 12 Months Ended |  |
--- | --- | --- | --- | --- | ---
Dec. 15, 2023 | Sep. 01, 2023 | Dec. 31, 2023 | Jul. 15, 2023 | Dec. 31, 2022
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Carrying Value |  |  | $ 666,000,000 |  | $ 448,000,000
Revolving credit facility, with interest ranging from 5.03% to 5.23% |  |  | 0 |  | 178,000,000
Warehouse Agreement Borrowings |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Maximum Facility Size |  |  | 3,200,000,000 |  | 3,600,000,000
Carrying Value |  |  | 666,000,000 |  | 448,000,000
Warehouse Agreement Borrowings | JP Morgan | daily floating rate Secured Overnight Financing Rate (SOFR) rate plus 1.50%, with a SOFR adjustment rate of 0.05% |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Maximum Facility Size |  |  | 1,335,000,000 |  | 1,335,000,000
Carrying Value |  |  | $ 613,000,000 |  | 331,000,000
Warehouse Agreement Borrowings | JP Morgan | daily floating rate Secured Overnight Financing Rate (SOFR) rate plus 1.50%, with a SOFR adjustment rate of 0.05% | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) | 1.50% |  | 1.50% |  |
Warehouse Agreement Borrowings | JP Morgan | daily floating rate Secured Overnight Financing Rate (SOFR) rate plus 1.50%, with a SOFR adjustment rate of 0.05% | Secured Overnight Financing Rate (SOFR) Adjustment |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) | 0.05% |  | 0.05% |  |
Warehouse Agreement Borrowings | JP Morgan | daily floating rate SOFR rate plus 2.75%, with a SOFR adjustment rate of 0.05% |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Maximum Facility Size |  |  | $ 15,000,000 |  | 15,000,000
Carrying Value |  |  | $ 0 |  | 0
Warehouse Agreement Borrowings | JP Morgan | daily floating rate SOFR rate plus 2.75%, with a SOFR adjustment rate of 0.05% | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  |  | 2.75% |  |
Warehouse Agreement Borrowings | JP Morgan | daily floating rate SOFR rate plus 2.75%, with a SOFR adjustment rate of 0.05% | Secured Overnight Financing Rate (SOFR) Adjustment |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  |  | 0.05% |  |
Warehouse Agreement Borrowings | Fannie Mae ASAP Program | daily floating SOFR plus 1.45%, with a SOFR floor of 0.25% |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Maximum Facility Size |  |  | $ 650,000,000 |  | 650,000,000
Carrying Value |  |  | $ 7,000,000 |  | 0
Warehouse Agreement Borrowings | Fannie Mae ASAP Program | daily floating SOFR plus 1.45%, with a SOFR floor of 0.25% | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  |  | 1.45% |  |
Warehouse Agreement Borrowings | Fannie Mae ASAP Program | daily floating SOFR plus 1.45%, with a SOFR floor of 0.25% | Secured Overnight Financing Rate (SOFR) Floor | Minimum |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  |  | 0.25% |  |
Warehouse Agreement Borrowings | T D Bank | daily floating rate SOFR plus 1.30%, with a SOFR adjustment rate of 0.10% |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Maximum Facility Size |  |  | $ 600,000,000 | $ 300,000,000 | 800,000,000
Carrying Value |  |  | 28,000,000 |  | 0
Revolving credit facility, with interest ranging from 5.03% to 5.23% |  |  | $ 300,000,000 | $ 300,000,000 |
Warehouse Agreement Borrowings | T D Bank | daily floating rate SOFR plus 1.30%, with a SOFR adjustment rate of 0.10% | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  |  | 1.30% |  |
Warehouse Agreement Borrowings | T D Bank | daily floating rate SOFR plus 1.30%, with a SOFR adjustment rate of 0.10% | Secured Overnight Financing Rate (SOFR) Adjustment |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  |  | 0.10% |  |
Warehouse Agreement Borrowings | Bank Of America | daily floating SOFR rate plus 1.25%, with a SOFR adjustment rate of 0.10% |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Maximum Facility Size |  |  | $ 350,000,000 |  | 350,000,000
Carrying Value |  |  | $ 18,000,000 |  | 115,000,000
Warehouse Agreement Borrowings | Bank Of America | daily floating SOFR rate plus 1.25%, with a SOFR adjustment rate of 0.10% | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  | 1.25% | 1.25% |  |
Warehouse Agreement Borrowings | Bank Of America | daily floating SOFR rate plus 1.25%, with a SOFR adjustment rate of 0.10% | Secured Overnight Financing Rate (SOFR) Adjustment |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  | 0.10% | 0.10% |  |
Warehouse Agreement Borrowings | Bank Of America | daily floating rate SOFR plus 1.25%, with a SOFR adjustment rate of 0.10% |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Maximum Facility Size |  |  | $ 250,000,000 |  | 250,000,000
Carrying Value |  |  | $ 0 |  | 0
Warehouse Agreement Borrowings | Bank Of America | daily floating rate SOFR plus 1.25%, with a SOFR adjustment rate of 0.10% | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  | 1.25% | 1.25% |  |
Warehouse Agreement Borrowings | Bank Of America | daily floating rate SOFR plus 1.25%, with a SOFR adjustment rate of 0.10% | Secured Overnight Financing Rate (SOFR) Adjustment |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Basis spread on variable rate (percent) |  | 0.10% | 0.10% |  |
Warehouse Agreement Borrowings | MUFG Union Bank, N.A. (Union Bank) | MUFG Union Bank, N.A. (Union Bank), Pricing |  |  |  |  |
Warehouse Receivables And Warehouse Lines Of Credit [Line Items] |  |  |  |  |
Maximum Facility Size |  |  | $ 0 |  | 200,000,000
Carrying Value |  |  | $ 0 |  | $ 2,000,000

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- Definition The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(13)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
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