Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Details)

v3.23.2
Fair Value (Details) - Level 3 - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
HMBS related obligations                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value $ (16,665,535) $ (10,745,879) $ (16,665,535) $ (10,745,879) $ (16,407,629) $ (10,996,755) $ (10,548,131) $ (10,422,358)
Total gain (loss) included in earnings (132,962) 93,095 (280,413) 178,677        
Purchases and additions (627,721) (992,053) (6,275,762) (1,940,735)        
Settlements 502,777 701,210 887,395 1,438,537        
Deferred purchase price liabilities                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value (4,042)   (4,042)   (4,522) (137)    
Total gain (loss) included in earnings 480   0          
Purchases and additions 0   (3,905)          
Settlements 0   0          
Nonrecourse debt in consolidated VIE trusts                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value (7,737,529) (6,447,238) (7,737,529) (6,447,238) (7,955,875) (7,175,857) (6,032,156) (5,857,069)
Total gain (loss) included in earnings 95,135 116,701 (142,180) 222,041        
Purchases and additions (467,262) (756,058) (1,106,761) (1,804,557)        
Settlements 590,473 224,275 687,269 992,347        
Nonrecourse commercial loan financing liability                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value (59,016) (162,464) (59,016) (162,464) (75,689) (106,758) (127,640) (111,738)
Total gain (loss) included in earnings (388) (66) (7) 188        
Purchases and additions (4,965) (57,157) (27,565) (117,815)        
Settlements 22,026 22,399 75,314 66,901        
Nonrecourse MSR financing liability                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value 0 (142,382) 0 (142,382) (988) (60,562) (163,981) (142,435)
Total gain (loss) included in earnings 0 (337) 748 (16,375)        
Purchases and additions 0 (1,050) 0 (6,792)        
Settlements 988 22,986 59,814 23,220        
TRA Liability                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value (1,097) (13,925) (1,097) (13,925) $ (2,202) $ (3,781) $ (29,380) $ (29,380)
Total gain (loss) included in earnings 1,105 15,455 2,684 15,455        
Purchases and additions 0 0 0 0        
Settlements $ 0 $ 0 $ 0 $ 0