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Rights to MSRs - Financing Liability Rollforward (Details) - USD ($) $ in Thousands | 12 Months Ended
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Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Servicing Liability at Fair Value, Amount [Roll Forward] |  |  |
Beginning balance | $ 950,593 | $ 1,032,856 | $ 508,291
Additions |  | 1,276 | 667
Sales | (226) | 44 |
Receipt of lump-sum cash payments |  |  | 279,586
Derecognition of Pledged MSR financing liability due to termination of PMC MSR Agreements | (263,664) | 0 | 0
Ending balance | 566,952 | 950,593 | 1,032,856
Original Rights to MSRs Agreements |  |  |
Servicing Liability at Fair Value, Amount [Roll Forward] |  |  |
Beginning balance | 603,046 | 436,511 | 499,042
Changes in fair value: | 21,964 | 229,198 | (171)
Runoff and settlement: | (56,302) | (48,730) | (58,837)
Calls | (1,756) | (13,933) | (3,523)
Ending balance | 566,952 | 603,046 | 436,511
2017 Agreements and New RMSR Agreements |  |  |
Servicing Liability at Fair Value, Amount [Roll Forward] |  |  |
Beginning balance | 35,445 | 138,854 | 9,249
Changes in fair value: | 903 | 5,866 | (14,369)
Runoff and settlement: | (35,121) | (101,003) | (134,509)
Calls | (1,227) | (8,272) | (1,103)
Ending balance | 0 | 35,445 | 138,854
PMC MSR Agreements |  |  |
Servicing Liability at Fair Value, Amount [Roll Forward] |  |  |
Beginning balance | 312,102 | 457,491 | 0
Additions |  | 1,276 |
Sales | (226) | 44 |
Changes in fair value: | (40,720) | (82,078) | (4,729)
Runoff and settlement: | (7,492) | (64,631) | (18,420)
Calls |  | 0 | (1,047)
Ending balance | $ 0 | $ 312,102 | 457,491
PHH Corporation |  |  |
Servicing Liability at Fair Value, Amount [Roll Forward] |  |  |
Additions |  |  | $ 481,020

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- Definition This represents the amount of liability arose in connection with sales proceeds received in 2012 and 2013 as part of the Rights to MSRs transactions with NRZ/HLSS and has no contractual maturity or repayment schedule. The balance of the liability is adjusted each reporting period to its fair value based on the present value of the estimated future cash flows underlying the related MSRs. + References No definition available. + Details
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Balance Type: | credit
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- Definition Represents the amount of decrease in liability balance in connection with clean-up call rights exercised by NRZ. + References No definition available. + Details
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Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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- Definition Restructuring fee received in connection with transfer of mortgage servicing rights. + References No definition available. + Details
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- Definition This represents the decrease in the value of financing liability due to portfolio runoff, settlements and other. + References No definition available. + Details
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- Definition Servicing asset at fair value, pledged financing liability, derecognition. + References No definition available. + Details
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- Definition Servicing Asset At Fair Value, Sales + References No definition available. + Details
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- Definition The value of new servicing liabilities, that are subsequently measured at fair value, acquired or created during the current period through assumptions of servicing obligations and servicing obligations that result from transfers of financial assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746 + Details
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
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- Definition Amount of increase (decrease) in fair value from changes in the inputs, assumptions, or model used to calculate the fair value of the contract to service financial assets under which the estimated future revenues from contractually specified servicing fees, late charges, and other ancillary revenues are not expected to adequately compensate the servicer. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a)(4)(i) -URI http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746 + Details
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