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Loans Held for Sale - Schedule of Gains on Loans Held for Sale, Net (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
MSRs retained on transfers of forward mortgage loans | $ 31.5 | $ 60.2 | $ 62.6 | $ 106.0
Gain (loss) on sales of loans, net | 3.3 | (40.4) | 12.4 | (66.3)
Change in fair value of IRLCs | (3.2) | 0.9 | 2.4 | (11.2)
Change in fair value of loans held for sale | 4.3 | 12.0 | 9.1 | 0.4
Gain (loss) on economic hedge instruments | 21.2 | 29.1 | 4.8 | 76.2
Other | (0.3) | (0.7) | (0.6) | (1.4)
Gain (loss) on loans held for sale, net | 25.3 | 0.9 | 28.1 | (2.3)
MSR valuation adjustments, net | (48.9) | 22.1 | (117.9) | 57.5
Change in fair value of loans held for sale, revaluation gain (loss) | 10.9 |  |  |
Intersegment Eliminations |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Gain (loss) on loans held for sale, net | 0.0 | (0.1) | 0.0 | (13.4)
MSR valuation adjustments, net | 0.0 | 0.1 | 0.0 | 13.4
Gain (loss) on Sale of Forward Mortgage Loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Gain (loss) on sales of loans, net | (28.1) | (90.3) | (50.2) | (162.6)
Repurchased Ginnie Mae Loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Gain (loss) on sales of loans, net | $ (0.1) | (10.3) | $ 0.1 | (9.7)
Financing receivable, amount purchased on delinquent and aged loans |  | (8.8) |  |
Impaired financing receivable, unpaid principal balance |  | $ 299.7 |  | $ 299.7

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- Definition The increase (decrease) during the reporting period in the fair value of mortgage loans that are held with the intention to sell or be securitized in the near future. + References No definition available. + Details
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- Definition The amount of mortgage servicing rights (MSRs) retained in connection with transfer of securitized loans accounted for as sales. + References No definition available. + Details
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- Definition The net gain (loss) resulting from a sale of loans, including adjustments to record loans classified as held-for-sale at the lower-of-cost-or-market and fair value adjustments to loan held for investment purposes. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13(h)) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.3(a)) -URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
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- Definition The net gain (loss) resulting from sales and other disposals of other real estate owned, increases (decreases) in the valuation allowance for foreclosed real estate, and write-downs of other real estate owned after acquisition or physical possession. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.14(d)) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
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