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v3.22.1

Borrowings - Schedule of Mortgage Loan Warehouse and MSR Financing Facilities (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Mar. 31, 2022 | Dec. 31, 2021 | Mar. 14, 2022
Line of Credit Facility [Line Items] |  |  |
Unamortized debt issuance costs | $ (1,300) | $ (900) |
Interest rate (as a percent) | 3.25% |  |
Ginnie Mae Mortgage Servicing Rights Financing Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Interest rate (as a percent) | 5.114% |  | 5.07%
London Interbank Offered Rate (LIBOR) |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate | 0.45% | 0.10% |
Secured Debt |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | $ 75,578 |  |
Uncommitted available borrowing capacity | 45,104 |  |
Other secured borrowings | 893,977 | $ 901,658 |
Long-term Debt | 892,635 | 900,760 |
Unamortized debt issuance costs | $ (1,342) | $ (898) |
Weighted average interest rate | 3.39% | 3.71% |
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | $ 53,249 |  |
Uncommitted available borrowing capacity | 115,000 |  |
Other secured borrowings | 106,751 | $ 109,437 |
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 231,396 |  |
Other secured borrowings | 218,604 | 160,882 |
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 50,000 |  |
Other secured borrowings | 0 | 0 |
Secured Debt | Participation Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 150,000 |  |
Other secured borrowings | 0 | 45,186 |
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 62,459 |  |
Uncommitted available borrowing capacity | 0 |  |
Other secured borrowings | 37,541 | 1,766 |
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 1,000 |  |
Uncommitted available borrowing capacity | 0 |  |
Other secured borrowings | 0 | 0 |
Secured Debt | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 43,133 |  |
Uncommitted available borrowing capacity | 0 |  |
Other secured borrowings | 6,867 | 11,792 |
Secured Debt | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 135,638 |  |
Other secured borrowings | 68,362 | 87,813 |
Secured Debt | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 44,617 |  |
Other secured borrowings | 205,383 | 192,023 |
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 0 |  |
Other secured borrowings | 280,271 | 459,344 |
Secured Debt | Loan and Security Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 14,659 |  |
Uncommitted available borrowing capacity | 0 |  |
Other secured borrowings | 35,341 | 16,834 |
Secured Debt | Agency Mortgage Servicing Rights Financing Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 67,649 |  |
Uncommitted available borrowing capacity | 0 |  |
Other secured borrowings | 282,351 | 317,523 |
Secured Debt | Ginnie Mae Mortgage Servicing Rights Financing Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 45,104 |  |
Long-term Debt | 129,896 | 131,694 |
Secured Debt | Ocwen Excess Spread-Collateralized Notes, Series 2019/2022-PLS1 Class A |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 0 |  |
Long-term Debt | 72,838 | 41,663 |
Secured Debt | OASIS Series 2014-1 |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 0 |  |
Long-term Debt | 37,643 | 39,529 |
Secured Debt | Agency MSR Financing Facility Revolving Loan |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 7,929 |  |
Uncommitted available borrowing capacity | 0 |  |
Long-term Debt | 277,071 | 277,071 |
Secured Debt | Agency MSR Financing Facility Term Loan |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | 0 |  |
Uncommitted available borrowing capacity | 0 |  |
Long-term Debt | 94,178 | $ 94,178 |
Mortgage Loan Warehouse Facilities |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | $ 5,400 |  |
Weighted average interest rate | 2.90% | 2.61% |
Mortgage Loan Warehouse Facilities | Secured Debt |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity | $ 174,500 |  |
Uncommitted available borrowing capacity | 726,651 |  |
Other secured borrowings | $ 959,121 | $ 1,085,076 |

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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
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