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v3.25.1

Borrowings - Schedule of Senior Notes (Details) - USD ($) $ in Millions | 3 Months Ended |  |
--- | --- | --- | ---
Mar. 31, 2025 | Dec. 31, 2024 | Nov. 06, 2024
Debt Instrument [Line Items] |  |  |
Unamortized debt issuance costs | $ (29.9) | $ (35.4) |
Senior notes, net | $ 488.0 | 487.4 |
2026 |  |  |
Debt Instrument [Line Items] |  |  |
Redemption price | 104.938% |  |
Before March 15, 2025 |  |  |
Debt Instrument [Line Items] |  |  |
Redemption price | 102.469% |  |
2028 and thereafter |  |  |
Debt Instrument [Line Items] |  |  |
Redemption price | 100.00% |  |
Senior Notes |  |  |
Debt Instrument [Line Items] |  |  |
Outstanding borrowings (MSR financing facilities, net) | $ 488.0 | 487.4 |
Senior Notes Due 2029 |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate (as a percent) |  |  | 9.875%
Senior Notes Due 2029 | 2026 |  |  |
Debt Instrument [Line Items] |  |  |
Redemption price | 100.00% |  |
Senior Notes Due 2029 | Before March 15, 2025 |  |  |
Debt Instrument [Line Items] |  |  |
Redemption price | 40.00% |  |
Senior Notes Due 2029 | Senior Notes |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate (as a percent) | 9.875% |  |
Unamortized discount and debt issuance costs | $ (12.0) | (12.6) |
Total Financing liabilities | $ 500.0 | $ 500.0 |

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