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v3.22.4

Borrowings - Schedule of Second Lien Priority on Specified Assets Carried on Balance Sheet (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
--- | --- | --- | ---
Debt Instrument [Line Items] |  |  |
Advances, net (amounts related to VIEs of $608.4 and $587.1) | $ 718.9 | $ 772.4 |
Mortgage servicing rights, at fair value | 2,665.2 | 2,250.1 |
Cash and cash equivalents | 208.0 | 192.8 |
Balance | 12,399.2 | $ 12,147.1 | $ 10,651.1
Second Lien |  |  |
Debt Instrument [Line Items] |  |  |
Advances, net (amounts related to VIEs of $608.4 and $587.1) | 228.1 |  |
Deferred Servicing Income | 3.7 |  |
Mortgage servicing rights, at fair value | 690.4 |  |
Cash and cash equivalents | 124.1 |  |
Advance Facility Reserve | 15.8 |  |
Specified Loan Value | 99.7 |  |
Specified Residual Value | 0.0 |  |
Balance | $ 1,161.7 |  |

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- Definition Carrying amount as of the balance sheet date of non-interest-bearing advances made on loans serviced for others. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors. + References No definition available. + Details
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