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Contingencies (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Changes in Liability for Representation and Warrant Obligations and Indemnification Obligations
The following table presents the changes in our liability for representation and warranty obligations and similar indemnification obligations:
Years Ended December 31,
202420232022
Beginning balance (1)
$32.9 $41.5 $49.4 
Provision for (reversal of) representation and warranty obligations
(1.8)0.3 0.3 
Provision for representation and warranty obligations - New production liability
2.6 1.7 3.0 
Charge-offs and other (2)(6.3)(10.6)(11.2)
Ending balance (1)
$27.4 $32.9 $41.5 
(1)The liability for representation and warranty obligations is reported in Other liabilities (a component of Liability for indemnification obligations) on our consolidated balance sheets.
(2)Includes reclassification of principal and interest losses in connection with repurchased loans, make-whole, indemnification and fee payments and settlements net of recoveries, if any.