XML 134 R119.htm IDEA: XBRL DOCUMENT v3.22.4
Derivative Financial Instruments and Hedging Activities - Summary of Derivatives (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Derivative [Line Items]      
Derivative, Notional Amount $ 937.8 $ 2,764.8  
Fair value of derivative assets (liabilities) at:      
Derivatives, at fair value 7.7 21.7  
Derivative Liability, Notional Amount 1,371.4 1,645.0  
Derivative Liability, Fair Value, Gross Liability (15.7) (3.1)  
Gain (loss) on derivatives, net (23.5) (13.3) $ 35.3
Forward Sales Of Reverse Loans      
Derivative [Line Items]      
Derivative, Notional Amount 20.0 175.0  
Fair value of derivative assets (liabilities) at:      
Derivatives, at fair value 0.1 0.4  
Derivative Liability, Notional Amount 20.0 0.0  
Derivative Liability, Fair Value, Gross Liability (0.1) 0.0  
Gain (loss) on derivatives, net $ (0.3) 0.4 0.0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain on reverse loans held for investment and HMBS-related borrowings, net    
Forward loans IRLCs      
Derivative [Line Items]      
Derivative, Notional Amount $ 0.0 1,022.0  
Fair value of derivative assets (liabilities) at:      
Derivatives, at fair value 0.0 16.1  
Derivative Liability, Notional Amount 540.1 0.0  
Derivative Liability, Fair Value, Gross Liability 1.3 0.0  
Gain (loss) on derivatives, net $ (17.4) (6.2) 17.5
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain on loans held for sale, net    
TBA Forward Pipelines Trades      
Fair value of derivative assets (liabilities) at:      
Gain (loss) on derivatives, net $ 101.3 1.5 0.0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain on loans held for sale, net    
Interest Rate Swap      
Derivative [Line Items]      
Derivative, Notional Amount $ 0.0 792.5  
Fair value of derivative assets (liabilities) at:      
Derivatives, at fair value 0.0 1.7  
Derivative Liability, Notional Amount 670.0 0.0  
Derivative Liability, Fair Value, Gross Liability 13.6 0.0  
Gain (loss) on derivatives, net $ 0.0 0.0 (10.1)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain on loans held for sale, net    
Option Contracts      
Derivative [Line Items]      
Derivative, Notional Amount $ 0.0 125.0  
Fair value of derivative assets (liabilities) at:      
Derivatives, at fair value 0.0 0.5  
Derivative Liability, Notional Amount 0.0 450.0  
Derivative Liability, Fair Value, Gross Liability 0.0 0.8  
TBA/Forward Mortgage Backed Securities Trades Maturing January Through March 2022 And 2023      
Derivative [Line Items]      
Derivative, Notional Amount 804.0 587.0  
Fair value of derivative assets (liabilities) at:      
Derivatives, at fair value 6.6 0.9  
TBA/Forward Mortgage Backed Securities Trades Maturing January Through March 2022 And January Through February 2023      
Fair value of derivative assets (liabilities) at:      
Derivative Liability, Notional Amount 85.0 1,195.0  
Derivative Liability, Fair Value, Gross Liability 0.7 1.2  
Interest Rate Swap Futures And TBA Forward MBS Trades      
Fair value of derivative assets (liabilities) at:      
Gain (loss) on derivatives, net $ (106.9) (9.5) 27.5
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] MSR valuation adjustments, net    
Others      
Fair value of derivative assets (liabilities) at:      
Derivative Liability, Notional Amount $ 56.4 0.0  
Derivative Liability, Fair Value, Gross Liability (0.1) (1.1)  
Gain (loss) on derivatives, net $ 0.0 0.0 0.1
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain on loans held for sale, net    
Other      
Fair value of derivative assets (liabilities) at:      
Gain (loss) on derivatives, net $ 1.0 (1.1) 0.0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Other revenue, net    
TBA Reverse Loan Trades      
Fair value of derivative assets (liabilities) at:      
Gain (loss) on derivatives, net $ (0.3) 0.0 0.0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain on reverse loans held for investment and HMBS-related borrowings, net    
Forward Trades      
Derivative [Line Items]      
Derivative, Notional Amount $ 100.0 0.0  
Fair value of derivative assets (liabilities) at:      
Derivatives, at fair value 0.4 0.0  
Gain (loss) on derivatives, net $ 0.4 0.0 0.0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain on loans held for sale, net    
Reverse Loans IRLCs      
Derivative [Line Items]      
Derivative, Notional Amount $ 13.8 63.3  
Fair value of derivative assets (liabilities) at:      
Derivatives, at fair value 0.6 2.0  
Gain (loss) on derivatives, net $ (1.4) $ 1.5 $ 0.3
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain on reverse loans held for investment and HMBS-related borrowings, net