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v3.25.2

Other Financing Liabilities, at Fair Value - Schedule of Activity Related to Financing Liability - MSRs Pledged (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
MSR transfers | $ 0.1 |  | $ 0.3 |
Financing Liability Mortgage Servicing Rights Pledged [Member] |  |  |  |
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
Beginning balance | 835.5 | $ 901.3 | 846.9 | $ 894.4
MSR transfers | 7.5 | 5.8 | 14.2 | 12.7
Changes in fair value due to inputs and assumptions | 5.1 | 36.6 | 4.1 | 56.4
Realization of expected cash flows | (17.8) | (17.4) | (34.8) | (37.3)
Total fair value (gain) loss | (12.7) | 19.2 | (30.7) | 19.1
Ending balance | 818.1 | 840.5 | 818.1 | 840.5
Derecognition of financing liability | (12.2) | (85.7) | (12.2) | (85.7)
MSR Asset Vehicle LLC | Financing Liability Mortgage Servicing Rights Pledged [Member] |  |  |  |
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
Derecognition of financing liability | 0.0 | (85.7) | 0.0 | (85.7)
Rithm Capital Corp | Financing Liability Mortgage Servicing Rights Pledged [Member] |  |  |  |
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
Derecognition of financing liability | 0.0 | 0.0 | 0.0 | 0.0
Other MSR Capital Partners | Financing Liability Mortgage Servicing Rights Pledged [Member] |  |  |  |
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
MSR transfers | 7.5 | 5.8 | 14.2 | 12.7
Derecognition of financing liability | $ (12.1) | 0.0 | $ (12.1) | $ 0.0
MAV Asset Vehicle LLC | Fair Value Agency Mortgage Servicing Rights |  |  |  |
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
UPB of MSRs sold |  | $ 5,500.0 |  |

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- Definition Derecognition Of Financing Liability + References No definition available. + Details
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- Definition This represents the amount of liability arose in connection with sales proceeds received in 2012 and 2013 as part of the Rights to MSRs transactions with NRZ/HLSS and has no contractual maturity or repayment schedule. The balance of the liability is adjusted each reporting period to its fair value based on the present value of the estimated future cash flows underlying the related MSRs. + References No definition available. + Details
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- Definition This represents the decrease in the value of financing liability due to portfolio runoff, settlements and other. + References No definition available. + Details
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- Definition Servicing asset at fair value sales. + References No definition available. + Details
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- Definition Servicing Liability at Fair Value, Changes in Fair Value Resulting from Changes in Valuation Inputs or Changes in Assumptions, Net of Adjustments + References No definition available. + Details
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- Definition Total Fair Value Changes In Servicing Liability At Fair Value, Net Of Adjustments + References No definition available. + Details
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- Definition Amount of decrease in investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate, from sale. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 948 -SubTopic 310 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Column G)(Footnote 6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479628/948-310-S99-1 + Details
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
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