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Fair Value Measurements - Fair Value by Balance Sheet Line Item (Details) - USD ($) $ in Millions | Jun. 30, 2019 | Dec. 31, 2018
--- | --- | ---
Financial assets |  |
Restricted cash | $ 304.0 | $ 319.0
Reverse mortgage interests, net | 7,110.0 | 7,934.0
Mortgage loans held for sale | 3,422.0 | 1,631.0
Mortgage loans held for investment, net | 114.0 | 119.0
Financial liabilities |  |
Unsecured senior notes | 2,462.0 | 2,459.0
Advance facilities | 567.0 | 595.0
Warehouse facilities | 4,045.0 | 2,349.0
Mortgage servicing rights financing liability | 43.0 | 32.0
Excess spread financing | 1,429.0 | 1,184.0
Other nonrecourse debt | 5,985.0 | 6,795.0
Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 4,861.0 | 5,607.0
Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 231.0
Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 224.0 | 284.0
Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 182.0 | 250.0
Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt | 272.0 | 326.0
Trust 2019-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 398.0 | 0.0
Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | 22.0 | 29.0
Recurring Fair Value Measurements |  |
Financial assets |  |
Cash and cash equivalents | 245.0 | 242.0
Restricted cash | 304.0 | 319.0
Advances and other receivables, net | 1,000.0 | 1,194.0
Reverse mortgage interests, net | 7,110.0 | 7,934.0
Mortgage loans held for sale | 3,421.6 | 1,630.8
Mortgage loans held for investment, net | 114.3 | 119.1
Derivative financial instruments | 128.0 | 49.0
Financial liabilities |  |
Unsecured senior notes | 2,462.0 | 2,459.0
Advance facilities | 567.0 | 595.0
Warehouse facilities | 4,045.0 | 2,349.0
Mortgage servicing rights financing liability | 42.6 | 31.7
Excess spread financing | 1,429.0 | 1,184.0
Derivative financial instruments at fair value | 32.0 | 20.0
Recurring Fair Value Measurements | Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 4,887.0 | 5,675.0
Recurring Fair Value Measurements | Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt |  | 231.0
Recurring Fair Value Measurements | Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 224.0 | 284.0
Recurring Fair Value Measurements | Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 182.0 | 250.0
Recurring Fair Value Measurements | Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt | 272.0 | 326.0
Recurring Fair Value Measurements | Trust 2019-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 398.0 |
Recurring Fair Value Measurements | Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | 22.0 | 29.0
Recurring Fair Value Measurements | Level 1 |  |
Financial assets |  |
Cash and cash equivalents | 245.0 | 242.0
Restricted cash | 304.0 | 319.0
Advances and other receivables, net | 0.0 | 0.0
Reverse mortgage interests, net | 0.0 | 0.0
Mortgage loans held for sale | 0.0 | 0.0
Mortgage loans held for investment, net | 0.0 | 0.0
Derivative financial instruments | 0.0 | 0.0
Financial liabilities |  |
Unsecured senior notes | 2,529.0 | 2,451.0
Advance facilities | 0.0 | 0.0
Warehouse facilities | 0.0 | 0.0
Mortgage servicing rights financing liability | 0.0 | 0.0
Excess spread financing | 0.0 | 0.0
Derivative financial instruments at fair value | 0.0 | 0.0
Recurring Fair Value Measurements | Level 1 | Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 1 | Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt |  | 0.0
Recurring Fair Value Measurements | Level 1 | Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 1 | Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 1 | Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 1 | Trust 2019-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 |
Recurring Fair Value Measurements | Level 1 | Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 2 |  |
Financial assets |  |
Cash and cash equivalents | 0.0 | 0.0
Restricted cash | 0.0 | 0.0
Advances and other receivables, net | 0.0 | 0.0
Reverse mortgage interests, net | 0.0 | 0.0
Mortgage loans held for sale | 3,421.6 | 1,630.8
Mortgage loans held for investment, net | 0.0 | 0.0
Derivative financial instruments | 128.0 | 49.0
Financial liabilities |  |
Unsecured senior notes | 0.0 | 0.0
Advance facilities | 567.0 | 595.0
Warehouse facilities | 4,045.0 | 2,349.0
Mortgage servicing rights financing liability | 0.0 | 0.0
Excess spread financing | 0.0 | 0.0
Derivative financial instruments at fair value | 32.0 | 20.0
Recurring Fair Value Measurements | Level 2 | Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 2 | Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt |  | 0.0
Recurring Fair Value Measurements | Level 2 | Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 2 | Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 2 | Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 2 | Trust 2019-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 |
Recurring Fair Value Measurements | Level 2 | Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | 0.0 | 0.0
Recurring Fair Value Measurements | Level 3 |  |
Financial assets |  |
Cash and cash equivalents | 0.0 | 0.0
Restricted cash | 0.0 | 0.0
Advances and other receivables, net | 1,000.0 | 1,194.0
Reverse mortgage interests, net | 7,176.0 | 7,942.0
Mortgage loans held for sale | 0.0 | 0.0
Mortgage loans held for investment, net | 114.3 | 119.1
Derivative financial instruments | 0.0 | 0.0
Financial liabilities |  |
Unsecured senior notes | 0.0 | 0.0
Advance facilities | 0.0 | 0.0
Warehouse facilities | 0.0 | 0.0
Mortgage servicing rights financing liability | 42.6 | 31.7
Excess spread financing | 1,429.0 | 1,184.0
Derivative financial instruments at fair value | 0.0 | 0.0
Recurring Fair Value Measurements | Level 3 | Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 4,886.0 | 5,672.0
Recurring Fair Value Measurements | Level 3 | Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt |  | 230.0
Recurring Fair Value Measurements | Level 3 | Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 224.0 | 284.0
Recurring Fair Value Measurements | Level 3 | Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 182.0 | 249.0
Recurring Fair Value Measurements | Level 3 | Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt | 272.0 | 326.0
Recurring Fair Value Measurements | Level 3 | Trust 2019-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 398.0 |
Recurring Fair Value Measurements | Level 3 | Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | $ 22.0 | $ 28.0

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