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Borrowings - Schedule of Mortgage Loan Warehouse and MSR Financing Facilities (Details) - USD ($) $ in Millions | 3 Months Ended |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2025 | Feb. 28, 2025 | Jan. 31, 2025 | Dec. 31, 2024 | Sep. 13, 2024 | Feb. 29, 2024 | Jun. 15, 2023
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Unamortized debt issuance costs | $ (29.9) |  |  | $ (35.4) |  |  |
Percentage Of The Limited Liability Company Interest | 100.00% | 100.00% |  |  |  |  |
Mortgage loan financing facilities |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Weighted average interest rate | 5.40% |  |  | 5.46% |  |  |
Prepaid lender fees, net | $ 1.1 |  |  | $ 1.0 |  |  |
Secured Debt |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 57.7 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 98.2 |  |  |  |  |  |
Total Financing liabilities | 1,136.0 |  |  | 958.0 |  |  |
Unamortized debt issuance costs | 0.0 |  |  | (0.1) |  |  |
Outstanding borrowings (MSR financing facilities, net) | $ 1,136.0 |  |  | $ 957.9 |  |  |
Weighted average interest rate | 7.27% |  |  | 7.18% |  |  |
Secured Debt | Financing Agreements |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | $ 1,214.4 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 216.9 |  |  |  |  |  |
Total Financing liabilities | $ 1,124.9 |  |  | $ 1,046.3 |  |  |
Warehouse Facilities, Maximum Term | 364 days |  |  |  |  |  |
Secured Debt | Securitization Notes |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | $ 0.0 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 0.0 |  |  |  |  |  |
Total Financing liabilities | 482.3 |  |  | 517.3 |  |  |
Secured Debt | Mortgage loan financing facilities |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 1,214.4 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 216.9 |  |  |  |  |  |
Total Financing liabilities | 1,607.2 |  |  | 1,563.6 |  |  |
Outstanding borrowings (MSR financing facilities, net) | 1,577.4 |  |  | 1,528.2 |  |  |
MSR financing facilities |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Available borrowing capacity | 27.0 |  |  |  |  |  |
Mortgage Warehouse Agreement |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Available borrowing capacity | 0.0 |  |  |  |  |  |
OLIT 2023 Notes | Secured Debt | Securitization Notes |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 0.0 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 0.0 |  |  |  |  |  |
OLIT Notes FY 2022 | Secured Debt | Securitization Notes |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Total Financing liabilities | 101.2 |  |  | 107.3 |  |  |
OLIT Asset-Backed Notes, Series 2024-HBI | Secured Debt | Securitization Notes |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 0.0 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 0.0 |  |  |  |  |  |
Total Financing liabilities | 148.8 |  |  | 160.9 |  |  |
Agency Mortgage Servicing Rights Financing Facility | Secured Debt |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 0.0 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 95.2 |  |  |  |  |  |
Total Financing liabilities | 554.8 |  |  | 415.1 |  |  |
Maximum borrowing capacity |  |  | $ 650.0 | 500.0 |  |  |
Ginnie Mae Mortgage Servicing Rights Financing Facility | Secured Debt |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 54.1 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 0.0 |  |  |  |  |  |
Total Financing liabilities | 245.9 |  |  | 244.7 |  |  |
Ocwen Excess Spread-Collateralized Notes, Series 2019/2022-PLS1 Class A | Secured Debt |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 0.0 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 0.0 |  |  |  |  |  |
Total Financing liabilities | $ 0.0 |  |  | 25.6 |  |  |
Interest rate (as a percent) | 5.114% |  |  |  |  |  |
Debt instrument, face amount | $ 75.0 |  |  |  |  |  |
OASIS Series 2014-1 | Secured Debt |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 0.0 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 0.0 |  |  |  |  |  |
Total Financing liabilities | 21.9 |  |  | 23.1 |  |  |
Agency MSR Financing Facility Revolving Loan |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Prepaid lender fees, net | 3.0 |  |  | 2.1 |  |  |
Agency MSR Financing Facility Revolving Loan | Secured Debt |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 0.0 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 3.1 |  |  |  |  |  |
Total Financing liabilities | 246.9 |  |  | 249.5 |  |  |
Maximum borrowing capacity |  | $ 400.0 | $ 250.0 |  |  |  |
OLIT Asset-Backed Notes, Series 2024-HB2 | Secured Debt | Securitization Notes |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 0.0 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 0.0 |  |  |  |  |  |
Total Financing liabilities | 232.3 |  |  | 249.1 |  |  |
70 Million PLS MSR Financing Facility | Secured Debt |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Uncommited Amount | 3.6 |  |  |  |  |  |
Debt Instrument, Remaining Borrowing Capacity, Committed Amount | 0.0 |  |  |  |  |  |
Total Financing liabilities | 66.4 |  |  | $ 0.0 |  |  |
Debt instrument, face amount | $ 70.0 |  |  |  |  |  |
OLIT 2023-HB1, OLIT 2024-HB1 and OLIT 2024-HB2 | Secured Debt |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |
Total Financing liabilities |  |  |  |  | $ 330.6 | $ 268.6 | $ 264.9
Interest rate (as a percent) |  |  |  |  | 5.00% | 3.00% | 3.00%
Debt Instrument, Mandatory Call Period | 3 years |  |  |  |  |  |
Debt Instruent, Redemption Percentage Of Premium | 1.00% |  |  |  |  |  |

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