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Fair Value - Schedule of Reconciliation of Changes in Fair Value of Level 3 Assets and Liabilities (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Purchases, issuances, sales and settlements |  |  |  |
Capitalization of advances on Ginnie Mae modifications | $ 1.3 | $ 2.6 | $ 5.0 | $ 15.7
Total realized and unrealized gains and (losses): |  |  |  |
Gains (losses) on derivatives | (37.3) | 6.0 | (81.3) | (12.7)
Forward loans IRLCs |  |  |  |
Total realized and unrealized gains and (losses): |  |  |  |
Gains (losses) on derivatives | (2.6) | (17.9) | (0.4) | (30.3)
Level 3 | ESS Financing Liability |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | (258.5) | 0.0 | (199.0) | 0.0
Purchases, issuances, sales and settlements |  |  |  |
Purchases and other | 0.0 | 0.0 |  |
Sales | 0.0 | 0.0 |  |
Total realized and unrealized gains and (losses): |  |  |  |
Fair Value Measurement With Unobservable Inputs Reconciliation Asset Transfers Out of Level3 To Receivables | 0.0 | 0.0 |  |
Fair Value Measurement With Unobservable Inputs Reconciliation Asset Transfers Out of Level3 To Loans Held For Sale At Fair Value | 0.0 | 0.0 |  |
Level 3 | Loans Held for Investment - Restricted for Securitization Investors |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 6.0 | 7.3 | 6.7 | 7.9
Purchases, issuances, sales and settlements |  |  |  |
Settlements (2) | (0.1) | (0.5) | (0.8) | (1.1)
Purchases, issuances, sales and settlements, total | (0.1) | (0.5) | (0.8) | (1.1)
Total realized and unrealized gains and (losses): |  |  |  |
Ending balance | 5.9 | 6.8 | 5.9 | 6.8
Calls and other | 0.0 |  |  |
Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss) | 0.0 |  | 0.0 |
Level 3 | Financing Liability - Owed to Securitization Investors |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | (6.0) | (7.3) | (6.7) | (7.9)
Purchases, issuances, sales and settlements |  |  |  |
Settlements (2) | 0.1 | 0.5 | 0.8 | 1.1
Purchases, issuances, sales and settlements, total | 0.1 | 0.5 | 0.8 | 1.1
Total realized and unrealized gains and (losses): |  |  |  |
Ending balance | (5.9) | (6.8) | (5.9) | (6.8)
Calls and other | 0.0 |  |  |
Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss) | 0.0 |  | 0.0 |
Level 3 | Loans Held for Sale - Fair Value |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 197.4 | 41.4 | 32.1 | 220.9
Purchases, issuances, sales and settlements |  |  |  |
Purchases and other | 50.5 | 9.5 | 303.3 | 127.7
Sales | (17.9) | (16.6) | (76.6) | (308.2)
Settlements (2) | (14.8) |  | (40.6) |
Loans held for investment, at fair value | 1.5 |  | 3.0 |
Receivables, net | (11.5) | (1.6) | (27.5) | (3.4)
Capitalization of advances on Ginnie Mae modifications | (1.3) |  | (3.0) |
Other | 1.3 |  | 4.1 |
Purchases, issuances, sales and settlements, total | 6.8 | (8.7) | 158.1 | (183.8)
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value included in earnings | (4.1) | (2.2) | 7.0 | (6.6)
Ending balance | 199.8 | 30.5 | 199.8 | 30.5
REO (Other assets) | (3.6) |  | (10.6) |
Calls and other | (0.2) |  | 2.6 |
Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss) | (4.4) |  | 9.7 |
Level 3 | ESS Financing Liability |  |  |  |
Purchases, issuances, sales and settlements |  |  |  |
Issuances | 0.0 | 36.2 | (68.7) | (36.2)
Settlements (2) | 7.6 | 0.6 | 22.5 | 0.6
Purchases, issuances, sales and settlements, total | 7.6 | (35.6) | (46.2) | (35.6)
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value included in earnings | (4.6) | (0.7) | (10.2) | (0.7)
Ending balance | (255.4) | (36.3) | (255.4) | (36.3)
Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss) | (4.6) |  | (10.2) |
Level 3 | IRLCs |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 1.4 | 5.7 | (0.7) | 18.1
Purchases, issuances, sales and settlements |  |  |  |
Issuances | 19.6 | 50.9 | 39.4 | 212.8
Loans held for sale, at fair value | (2.8) | 17.6 | (16.3) | (36.2)
Purchases, issuances, sales and settlements, total | 16.8 | 68.6 | 23.0 | 176.5
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value included in earnings | (19.4) | (86.5) | (23.5) | (206.8)
Ending balance | (1.1) | $ (12.2) | (1.1) | $ (12.2)
REO (Other assets) | 0.0 |  |  |
Calls and other | 0.0 |  |  |
Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss) | $ (19.4) |  | $ (23.5) |

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