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Debt Warehouse Facilities (Tables)
9 Months Ended
Sep. 30, 2024
Warehouse Facilities [Abstract]  
Schedule of Warehouse Facilities
Warehouse Facilities
September 30, 2024December 31, 2023
($ in millions)Outstanding BalanceMaximum CapacityOutstanding BalanceMaximum Capacity
Warehouse facilities:
SOFR plus 1.40%, expires September 15, 2025(1)
$566.8 700.0 159.0700.0 
SOFR plus 1.30%, expires September 13, 2025(1)
1,152.6 1,700.0 405.1 1,200.0 
SOFR plus 1.40%, expires October 24, 2024(2)
195.8 400.0 62.3 400.0 
Fannie Mae ASAP(3) program, SOFR plus 1.25%
138.5 n/a37.3 n/a
Gross warehouse facilities2,053.7 2,800.0 663.7 2,300.0 
Debt issuance costs(0.6)n/a(1.0)n/a
Total warehouse facilities$2,053.1 2,800.0 662.7 2,300.0 
(1) Warehouse facility has been amended since December 31, 2023. Refer to our previously filed Form 10-K for specific terms of the agreement as of the comparative period.
(2) In October 2024, we extended the term of the Warehouse facility to October 23, 2025.
(3) As Soon As Pooled ("ASAP") funding program