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Fair Value Measurements - Schedule of Changes in Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Liabilities |  |  |  |
Net impact on earnings | $ (49,103) | $ 42,332 | $ 66,685 | $ 29,495
Securitization clean-up calls | 0 | 129,733 | 39,936 | 465,472
Residual interests classified as debt |  |  |  |
Liabilities |  |  |  |
Fair value at beginning of period | (11,332) | (54,436) | (17,048) | (93,682)
Impact on Earnings | (927) | (1,453) | (414) | (7,078)
Purchases | 0 | 0 | (1,203) | 0
Sales | 0 | 0 | 0 | 0
Issuances | 0 | 0 | 0 | 0
Settlements | 2,065 | 10,155 | 8,471 | 55,026
Other Changes | 0 | 0 | 0 | 0
Fair value at end of period | (10,194) | (45,734) | (10,194) | (45,734)
IRLCs |  |  |  |
Liabilities |  |  |  |
Fair value at beginning of period |  | 1,120 |  | 3,759
Impact on Earnings |  | (927) |  | (2,846)
Purchases |  | 0 |  | 0
Sales |  | 0 |  | 0
Issuances |  | 0 |  | 0
Settlements |  | (1,120) |  | (1,840)
Other Changes |  | 0 |  | 0
Fair value at end of period |  | (927) |  | (927)
Student loan commitments |  |  |  |
Liabilities |  |  |  |
Fair value at beginning of period |  | (254) |  |
Fair value at beginning of period |  |  |  | 2,220
Impact on Earnings |  | (1,409) |  | (1,640)
Purchases |  | 0 |  | 0
Sales |  | 0 |  | 0
Issuances |  | 0 |  | 0
Settlements |  | 254 |  | (1,989)
Other Changes |  | 0 |  | 0
Fair value at end of period |  | (1,409) |  | (1,409)
Fair value at end of period |  | (1,409) |  | (1,409)
Loans at fair value |  |  |  |
Assets |  |  |  |
Fair value at beginning of period | 18,213,667 | 7,959,382 | 13,557,074 | 5,952,972
Impact on Earnings | (59,325) | 39,359 | 32,239 | 12,128
Purchases | 22,317 | 1,277,469 | 197,484 | 1,627,941
Sales | (348,849) | (1,075,549) | (839,833) | (4,689,357)
Issuances | 5,160,995 | 3,483,189 | 13,106,984 | 10,007,998
Settlements | (1,995,567) | (732,035) | (5,058,439) | (1,964,932)
Other Changes | 598 | (27,759) | (1,673) | (22,694)
Fair value at end of period | 20,993,836 | 10,924,056 | 20,993,836 | 10,924,056
Personal loans |  |  |  |
Assets |  |  |  |
Fair value at beginning of period | 12,751,163 | 4,109,745 | 8,610,434 | 2,289,426
Impact on Earnings | (45,072) | 65,463 | 16,083 | 92,332
Purchases | 20,724 | 1,276,175 | 61,053 | 1,504,112
Sales | (15,006) | (749,648) | (65,019) | (2,851,466)
Issuances | 3,885,967 | 2,809,759 | 10,578,306 | 7,307,612
Settlements | (1,746,760) | (582,188) | (4,349,646) | (1,415,820)
Other Changes | (20) | (28,102) | (215) | (24,992)
Fair value at end of period | 14,850,996 | 6,901,204 | 14,850,996 | 6,901,204
Student loans |  |  |  |
Assets |  |  |  |
Fair value at beginning of period | 5,383,921 | 3,714,375 | 4,877,177 | 3,450,837
Impact on Earnings | (14,615) | (23,895) | 17,278 | (68,541)
Purchases | 0 | 34 | 111,923 | 121,741
Sales | 0 | (74,080) | (96,678) | (877,920)
Issuances | 919,330 | 457,184 | 1,840,070 | 1,839,710
Settlements | (247,751) | (148,913) | (706,429) | (543,077)
Other Changes | 659 | 343 | (1,797) | 2,298
Fair value at end of period | 6,041,544 | 3,925,048 | 6,041,544 | 3,925,048
Home loans |  |  |  |
Assets |  |  |  |
Fair value at beginning of period | 78,583 | 135,262 | 69,463 | 212,709
Impact on Earnings | 362 | (2,209) | (1,122) | (11,663)
Purchases | 1,593 | 1,260 | 24,508 | 2,088
Sales | (333,843) | (251,821) | (678,136) | (959,971)
Issuances | 355,698 | 216,246 | 688,608 | 860,676
Settlements | (1,056) | (934) | (2,364) | (6,035)
Other Changes | (41) | 0 | 339 | 0
Fair value at end of period | 101,296 | 97,804 | 101,296 | 97,804
Servicing rights |  |  |  |
Assets |  |  |  |
Fair value at beginning of period | 145,663 | 176,964 | 149,854 | 168,259
Impact on Earnings | 7,419 | 6,182 | 28,428 | 26,860
Purchases | 549 | 1,062 | 1,570 | 3,008
Sales | (132) | (3,965) | (1,257) | (5,552)
Issuances | 4,143 | 10,681 | 11,580 | 42,299
Settlements | (14,988) | (22,486) | (47,521) | (66,436)
Other Changes | 0 | 0 | 0 | 0
Fair value at end of period | 142,654 | 168,438 | 142,654 | 168,438
Residual investments |  |  |  |
Assets |  |  |  |
Fair value at beginning of period | 38,389 | 94,978 | 46,238 | 121,019
Impact on Earnings | 434 | 664 | 1,240 | 1,716
Purchases | 0 | 0 | 0 | 0
Sales | 0 | (490) | (807) | (710)
Issuances | 0 | 0 | 0 | 0
Settlements | (3,367) | (8,318) | (11,215) | (35,191)
Other Changes | 0 | 0 | 0 | 0
Fair value at end of period | 35,456 | 86,834 | 35,456 | 86,834
Purchase price earn out |  |  |  |
Assets |  |  |  |
Fair value at beginning of period |  | 625 | 54 | 4,272
Impact on Earnings |  | 52 | 9 | 1,094
Purchases |  | 0 | 0 | 0
Sales |  | 0 | 0 | 0
Issuances |  | 0 | 0 | 0
Settlements |  | (553) | (63) | (5,242)
Other Changes |  | 0 | 0 | 0
Fair value at end of period | 0 | 124 | 0 | 124
IRLCs |  |  |  |
Assets |  |  |  |
Fair value at beginning of period | 1,352 |  | 216 |
Impact on Earnings | 1,545 |  | 3,168 |
Purchases | 0 |  | 363 |
Sales | 0 |  | 0 |
Issuances | 0 |  | 0 |
Settlements | (1,352) |  | (2,202) |
Other Changes | 0 |  | 0 |
Fair value at end of period | 1,545 |  | 1,545 |
Student loan commitments |  |  |  |
Assets |  |  |  |
Fair value at beginning of period | 189 |  |  |
Fair value at beginning of period |  |  | (236) |
Impact on Earnings | 1,751 |  | 2,015 |
Purchases | 0 |  | 0 |
Sales | 0 |  | 0 |
Issuances | 0 |  | 0 |
Settlements | (189) |  | (28) |
Other Changes | 0 |  | 0 |
Fair value at end of period | 1,751 |  | 1,751 |
Fair value at end of period | 1,751 |  | 1,751 |
Third party warrants |  |  |  |
Assets |  |  |  |
Fair value at beginning of period | 630 | 766 | 630 | 1,369
Impact on Earnings | 0 | (136) | 0 | (739)
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Issuances | 0 | 0 | 0 | 0
Settlements | 0 | 0 | 0 | 0
Other Changes | 0 | 0 | 0 | 0
Fair value at end of period | $ 630 | $ 630 | $ 630 | $ 630

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