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Other Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2024
Other Liabilities Disclosure [Abstract] |
Schedule of Other Liabilities |
| December 31,
| 2024 |  | 2023
Other accrued expenses | $ | 79.6 |  |  | $ | 67.5 |
Servicing-related obligations | 65.1 |  |  | 48.4 |
Due to Rithm - Advance collections and servicing fees | 63.4 |  |  | 50.3 |
Checks held for escheat | 54.1 |  |  | 52.0 |
Liability for indemnification obligations | 30.5 |  |  | 35.5 |
Derivatives, at fair value | 27.6 |  |  | 7.0 |
Accrued legal fees and settlements | 16.0 |  |  | 8.3 |
Derivative related payables | 15.2 |  |  | 10.7 |
Accrued interest payable | 13.4 |  |  | 14.3 |
Liability for uncertain tax positions | 13.3 |  |  | 12.2 |
MSR purchase price holdback | 11.0 |  |  | 3.8 |
Lease liability | 9.0 |  |  | 10.2 |
Mortgage insurance premium payable | 7.5 |  |  | 5.0 |
Liability for unfunded pension obligation and India gratuity plan | 6.7 |  |  | 9.2 |
Excess servicing fee spread payable | 2.2 |  |  | 3.6 |
Income taxes payable | 1.0 |  |  | 8.2 |
Other | 4.8 |  |  | 3.2 |
| $ | 420.6 |  |  | $ | 349.3 |
The following table presents the activity related to the Accrued legal fees and settlements:
Schedule of Accrued Legal Fees and Settlements |
Accrued Legal Fees and Settlements | Years Ended December 31,
2024 |  | 2023 |  | 2022
Beginning balance | $ | 8.3 |  |  | $ | 42.2 |  |  | $ | 44.0 |
Accrual for (reversal of) probable losses (1) | 8.4 |  |  | (30.0) |  |  | 6.6 |
Payments (2) | (1.3) |  |  | (3.8) |  |  | (6.9) |
Net increase (decrease) in accrued legal fees | 0.6 |  |  | (0.1) |  |  | (1.5) |
Ending balance | $ | 16.0 |  |  | $ | 8.3 |  |  | $ | 42.2 |
(1)Consists of amounts accrued for probable losses or reversed in connection with legal and regulatory settlements and judgments. Such amounts are reported in Professional services expense in the consolidated statements of operations. (2)Includes cash payments made in connection with resolved legal and regulatory matters.

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