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v3.25.2

MSR Valuation Allowance, Net (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024 | Mar. 31, 2025 | Dec. 31, 2024 | Mar. 31, 2024 | Dec. 31, 2023
Assets that Continue to be Recognized, Securitized or Asset-Backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items] |  |  |  |  |  |  |  |
MSRs, at fair value | $ 2,632.6 |  | $ 2,632.6 |  | $ 2,547.4 | $ 2,466.3 | $ 2,374.7 | $ 2,272.2
Servicing Asset at Fair Value, Period Increase (Decrease) | (34.4) |  | (112.2) |  |  |  |  |
Derivative, Gain (Loss) on Derivative, Net | 3.4 | $ 46.7 | (5.3) | $ 96.0 |  |  |  |
MSR valuation adjustments, net | (27.3) | (32.7) | (66.2) | (44.3) |  |  |  |
Total MSR Reserve Fair Value Gains (Losses) | (34.4) | 37.2 | (112.2) | 79.2 |  |  |  |
Other financing liabilities, at fair value ($313.2 and $322.7 due to related party) | 818.1 |  | 818.1 |  |  | 846.9 |  |
MSR |  |  |  |  |  |  |  |
Assets that Continue to be Recognized, Securitized or Asset-Backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items] |  |  |  |  |  |  |  |
MSRs, at fair value | 2,600.0 |  | 2,600.0 |  |  |  |  |
Servicing Asset at Fair Value, Change In Fair Value Due To Realization Of Expected Cash Flows | (43.4) | (38.0) | (84.6) | (77.9) |  |  |  |
Asset at Fair Value, Changes in Fair Value Resulting from Changes in Assumptions | 16.2 | 5.4 | 18.4 | 33.7 |  |  |  |
Financing Liability Excess Servicing Spread [Member] |  |  |  |  |  |  |  |
Assets that Continue to be Recognized, Securitized or Asset-Backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items] |  |  |  |  |  |  |  |
Other financing liabilities, at fair value ($313.2 and $322.7 due to related party) | 248.6 |  | 248.6 |  |  | $ 263.3 |  |
Financing Liability Mortgage Servicing Rights Pledged [Member] |  |  |  |  |  |  |  |
Assets that Continue to be Recognized, Securitized or Asset-Backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items] |  |  |  |  |  |  |  |
Fair Valu Change in Pledged MSR Liabilities, Liabliity Fair Value | 569.6 |  | 569.6 |  |  |  |  |
Derivative, Gain (Loss) on Derivative, Net | (5.5) | (50.6) | 15.3 | (104.3) |  |  |  |
Pledged MSR Liabilities |  |  |  |  |  |  |  |
Assets that Continue to be Recognized, Securitized or Asset-Backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items] |  |  |  |  |  |  |  |
Servicing Asset at Fair Value, Period Increase (Decrease) | (4.9) | 22.1 | (15.9) | 17.5 |  |  |  |
ESS Financing Liabilities |  |  |  |  |  |  |  |
Assets that Continue to be Recognized, Securitized or Asset-Backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items] |  |  |  |  |  |  |  |
Total Fair value changes in Servicing liability at fair value | $ 7.8 | $ 2.9 | $ 14.8 | $ (1.7) |  |  |  |

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