XML 139 R128.htm IDEA: XBRL DOCUMENT v3.24.3
FAIR VALUE MEASUREMENTS - Schedule of Changes in the Company’s Level 3 Inputs Financial Assets (Details) - Recurring Basis
$ in Thousands
9 Months Ended
Sep. 30, 2024
USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance $ 14,427,743
Transfers:  
Transfers from Level 3 (264,074)
Transfers to Level 3 82,325
Computershare Acquisition (Note 3) 696,462
Gain (Loss) Included in Net Income:  
Credit losses on securities (1,187)
Included in servicing revenue (748,702)
Other factors 30,878
Instrument specific credit risk 25,384
Gain (loss) on settlement of investments, net (757)
Other income (loss), net 15,287
Gains (losses) included in OCI 7,287
Interest income 80,701
Purchases, Sales and Repayments:  
Purchases, net 1,319,082
Sales and fundings (154,506)
Proceeds from repayments (2,819,166)
Originations and other 2,754,529
Ending balance 15,451,286
Excess MSRs  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 271,150
Transfers:  
Transfers from Level 3 0
Transfers to Level 3 0
Computershare Acquisition (Note 3) (1,032)
Gain (Loss) Included in Net Income:  
Credit losses on securities 0
Included in servicing revenue 0
Other factors 11,599
Instrument specific credit risk 0
Gain (loss) on settlement of investments, net (656)
Other income (loss), net 0
Gains (losses) included in OCI 0
Interest income 18,893
Purchases, Sales and Repayments:  
Purchases, net 122,887
Sales and fundings 0
Proceeds from repayments (46,918)
Originations and other 0
Ending balance 375,923
MSRs, MSR Financing Receivables, Excess Spread Financing:  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 8,405,938
Transfers:  
Transfers from Level 3 0
Transfers to Level 3 0
Computershare Acquisition (Note 3) 697,494
Gain (Loss) Included in Net Income:  
Credit losses on securities 0
Included in servicing revenue (748,702)
Other factors 0
Instrument specific credit risk 0
Gain (loss) on settlement of investments, net 0
Other income (loss), net 0
Gains (losses) included in OCI 0
Interest income 0
Purchases, Sales and Repayments:  
Purchases, net 0
Sales and fundings 2,748
Proceeds from repayments 0
Originations and other 943,511
Ending balance 9,300,989
Servicer Advance Investments  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 376,881
Transfers:  
Transfers from Level 3 (7,873)
Transfers to Level 3 0
Computershare Acquisition (Note 3) 0
Gain (Loss) Included in Net Income:  
Credit losses on securities 0
Included in servicing revenue 0
Other factors (3,535)
Instrument specific credit risk 0
Gain (loss) on settlement of investments, net 0
Other income (loss), net 0
Gains (losses) included in OCI 0
Interest income 18,649
Purchases, Sales and Repayments:  
Purchases, net 590,261
Sales and fundings
Proceeds from repayments (633,080)
Originations and other 0
Ending balance 341,303
Real Estate and Other Securities  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 804,029
Transfers:  
Transfers from Level 3 (227,216)
Transfers to Level 3 0
Computershare Acquisition (Note 3) 0
Gain (Loss) Included in Net Income:  
Credit losses on securities (1,187)
Included in servicing revenue 0
Other factors 10,973
Instrument specific credit risk 0
Gain (loss) on settlement of investments, net (101)
Other income (loss), net 0
Gains (losses) included in OCI 7,287
Interest income 21,828
Purchases, Sales and Repayments:  
Purchases, net 142,979
Sales and fundings 0
Proceeds from repayments (113,487)
Originations and other 0
Ending balance 645,105
Derivatives  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 23,804
Transfers:  
Transfers from Level 3 0
Transfers to Level 3 0
Computershare Acquisition (Note 3) 0
Gain (Loss) Included in Net Income:  
Credit losses on securities 0
Included in servicing revenue 0
Other factors (7,700)
Instrument specific credit risk 0
Gain (loss) on settlement of investments, net 0
Other income (loss), net 0
Gains (losses) included in OCI 0
Interest income 0
Purchases, Sales and Repayments:  
Purchases, net 0
Sales and fundings 0
Proceeds from repayments 0
Originations and other (61)
Ending balance 16,043
Residential Mortgage Loans  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 513,381
Transfers:  
Transfers from Level 3 (28,985)
Transfers to Level 3 82,325
Computershare Acquisition (Note 3) 0
Gain (Loss) Included in Net Income:  
Credit losses on securities 0
Included in servicing revenue 0
Other factors 16,536
Instrument specific credit risk 28,127
Gain (loss) on settlement of investments, net 0
Other income (loss), net 10,633
Gains (losses) included in OCI 0
Interest income 0
Purchases, Sales and Repayments:  
Purchases, net 248,606
Sales and fundings (173,250)
Proceeds from repayments (53,773)
Originations and other (167,298)
Ending balance 476,302
Consumer Loans  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 1,274,005
Transfers:  
Transfers from Level 3 0
Transfers to Level 3 0
Computershare Acquisition (Note 3) 0
Gain (Loss) Included in Net Income:  
Credit losses on securities 0
Included in servicing revenue 0
Other factors (49,003)
Instrument specific credit risk (20,738)
Gain (loss) on settlement of investments, net 0
Other income (loss), net 0
Gains (losses) included in OCI 0
Interest income 21,331
Purchases, Sales and Repayments:  
Purchases, net 0
Sales and fundings 15,996
Proceeds from repayments (436,014)
Originations and other 0
Ending balance 805,577
Other Assets  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 525,642
Transfers:  
Transfers from Level 3 0
Transfers to Level 3 0
Computershare Acquisition (Note 3) 0
Gain (Loss) Included in Net Income:  
Credit losses on securities 0
Included in servicing revenue 0
Other factors 15,088
Instrument specific credit risk 0
Gain (loss) on settlement of investments, net 0
Other income (loss), net 4,654
Gains (losses) included in OCI 0
Interest income 0
Purchases, Sales and Repayments:  
Purchases, net 214,349
Sales and fundings 0
Proceeds from repayments (56,447)
Originations and other 0
Ending balance 703,286
Mortgage loans receivable  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance 2,232,913
Transfers:  
Transfers from Level 3 0
Transfers to Level 3 0
Computershare Acquisition (Note 3) 0
Gain (Loss) Included in Net Income:  
Credit losses on securities 0
Included in servicing revenue 0
Other factors 36,920
Instrument specific credit risk 17,995
Gain (loss) on settlement of investments, net 0
Other income (loss), net 0
Gains (losses) included in OCI 0
Interest income 0
Purchases, Sales and Repayments:  
Purchases, net 0
Sales and fundings 0
Proceeds from repayments (1,479,447)
Originations and other 1,978,377
Ending balance $ 2,786,758