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Fair Value Measurements - Fair Value by Balance Sheet Line Item (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Financial assets    
Reverse mortgage interests, net $ 5,709 $ 6,279
Mortgage loans held for sale 3,179 4,077
Derivative financial instruments 391 153
Financial liabilities    
Unsecured senior notes 2,261 2,366
Advance facilities 475 422
Warehouse facilities 4,031 4,575
Mortgage servicing rights financing liability 49 37
Excess spread financing 1,124 1,311
Derivative financial instruments 50 15
Other nonrecourse debt 4,707 5,286
Recurring Fair Value Measurements    
Financial assets    
Cash and cash equivalents 1,041 329
Restricted cash 260 283
Advances and other receivables, net 668 988
Mortgage loans held for sale 3,179 4,077
Derivative financial instruments 391 153
Financial liabilities    
Advance facilities 475 422
Warehouse facilities 4,031 4,575
Mortgage servicing rights financing liability 49 37
Excess spread financing 1,124 1,311
Derivative financial instruments 50 15
Recurring Fair Value Measurements | Level 1    
Financial assets    
Cash and cash equivalents 1,041 329
Restricted cash 260 283
Advances and other receivables, net 0 0
Mortgage loans held for sale 0 0
Derivative financial instruments 0 0
Financial liabilities    
Advance facilities 0 0
Warehouse facilities 0 0
Mortgage servicing rights financing liability 0 0
Excess spread financing 0 0
Derivative financial instruments 0 0
Recurring Fair Value Measurements | Level 2    
Financial assets    
Cash and cash equivalents 0 0
Restricted cash 0 0
Advances and other receivables, net 0 0
Mortgage loans held for sale 3,179 4,077
Derivative financial instruments 3 153
Financial liabilities    
Advance facilities 475 422
Warehouse facilities 4,031 4,575
Mortgage servicing rights financing liability 0 0
Excess spread financing 0 0
Derivative financial instruments 50 15
Recurring Fair Value Measurements | Level 3    
Financial assets    
Cash and cash equivalents 0 0
Restricted cash 0 0
Advances and other receivables, net 668 988
Mortgage loans held for sale 0 0
Derivative financial instruments 388 0
Financial liabilities    
Advance facilities 0 0
Warehouse facilities 0 0
Mortgage servicing rights financing liability 49 37
Excess spread financing 1,124 1,311
Derivative financial instruments 0 0
Nonrecurring fair value measurements    
Financial assets    
Reverse mortgage interests, net 5,709 6,279
Financial liabilities    
Unsecured senior notes 2,261 2,366
Nonrecurring fair value measurements | Participating interest financing    
Financial liabilities    
Other nonrecourse debt 3,886 4,299
Nonrecurring fair value measurements | Trust 2019-2    
Financial liabilities    
Other nonrecourse debt 272 331
Nonrecurring fair value measurements | Trust 2019-1    
Financial liabilities    
Other nonrecourse debt 243 300
Nonrecurring fair value measurements | Trust 2018-3    
Financial liabilities    
Other nonrecourse debt 179 208
Nonrecurring fair value measurements | Trust 2018-2    
Financial liabilities    
Other nonrecourse debt 127 148
Nonrecurring fair value measurements | Level 1    
Financial assets    
Reverse mortgage interests, net 0 0
Financial liabilities    
Unsecured senior notes 2,307 2,505
Nonrecurring fair value measurements | Level 1 | Participating interest financing    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 1 | Trust 2019-2    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 1 | Trust 2019-1    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 1 | Trust 2018-3    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 1 | Trust 2018-2    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 2    
Financial assets    
Reverse mortgage interests, net 0 0
Financial liabilities    
Unsecured senior notes 0 0
Nonrecurring fair value measurements | Level 2 | Participating interest financing    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 2 | Trust 2019-2    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 2 | Trust 2019-1    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 2 | Trust 2018-3    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 2 | Trust 2018-2    
Financial liabilities    
Other nonrecourse debt 0 0
Nonrecurring fair value measurements | Level 3    
Financial assets    
Reverse mortgage interests, net 5,736 6,318
Financial liabilities    
Unsecured senior notes 0 0
Nonrecurring fair value measurements | Level 3 | Participating interest financing    
Financial liabilities    
Other nonrecourse debt 3,857 4,299
Nonrecurring fair value measurements | Level 3 | Trust 2019-2    
Financial liabilities    
Other nonrecourse debt 272 331
Nonrecurring fair value measurements | Level 3 | Trust 2019-1    
Financial liabilities    
Other nonrecourse debt 243 300
Nonrecurring fair value measurements | Level 3 | Trust 2018-3    
Financial liabilities    
Other nonrecourse debt 179 208
Nonrecurring fair value measurements | Level 3 | Trust 2018-2    
Financial liabilities    
Other nonrecourse debt $ 127 $ 148