XML 79 R64.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value Measurements - Measured on a Recurring Basis (Details) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Assets      
Mortgage loans held for sale $ 893 $ 893  
Liabilities      
Mortgage servicing rights financing 21 19  
Treasury futures      
Assets      
Fair Value     $ 62
Recurring Fair Value Measurements      
Assets      
Mortgage loans held for sale 893 893  
Mortgage servicing rights 8,504 6,654  
Equity investments 9 47  
Liabilities      
Mortgage servicing rights financing 21 19  
Excess spread financing 446 509  
Recurring Fair Value Measurements | IRLCs      
Assets      
Fair Value 22 22  
Recurring Fair Value Measurements | LPCs      
Assets      
Fair Value 1 1  
Fair Value 2 1  
Recurring Fair Value Measurements | Forward MBS trades      
Assets      
Fair Value 13 8  
Fair Value 28 9  
Recurring Fair Value Measurements | Treasury futures      
Assets      
Fair Value 65 14  
Recurring Fair Value Measurements | Level 1      
Assets      
Mortgage loans held for sale 0 0  
Mortgage servicing rights 0 0  
Equity investments 1 2  
Liabilities      
Mortgage servicing rights financing 0 0  
Excess spread financing 0 0  
Recurring Fair Value Measurements | Level 1 | IRLCs      
Assets      
Fair Value 0 0  
Recurring Fair Value Measurements | Level 1 | LPCs      
Assets      
Fair Value 0 0  
Fair Value 0 0  
Recurring Fair Value Measurements | Level 1 | Forward MBS trades      
Assets      
Fair Value 0 0  
Fair Value 0 0  
Recurring Fair Value Measurements | Level 1 | Treasury futures      
Assets      
Fair Value 0 0  
Recurring Fair Value Measurements | Level 2      
Assets      
Mortgage loans held for sale 792 819  
Mortgage servicing rights 0 0  
Equity investments 0 0  
Liabilities      
Mortgage servicing rights financing 0 0  
Excess spread financing 0 0  
Recurring Fair Value Measurements | Level 2 | IRLCs      
Assets      
Fair Value 0 0  
Recurring Fair Value Measurements | Level 2 | LPCs      
Assets      
Fair Value 0 0  
Fair Value 0 0  
Recurring Fair Value Measurements | Level 2 | Forward MBS trades      
Assets      
Fair Value 13 8  
Fair Value 28 9  
Recurring Fair Value Measurements | Level 2 | Treasury futures      
Assets      
Fair Value 65 14  
Recurring Fair Value Measurements | Level 3      
Assets      
Mortgage loans held for sale 101 74  
Mortgage servicing rights 8,504 6,654  
Equity investments 8 45  
Liabilities      
Mortgage servicing rights financing 21 19  
Excess spread financing 446 509  
Recurring Fair Value Measurements | Level 3 | IRLCs      
Assets      
Fair Value 22 22  
Recurring Fair Value Measurements | Level 3 | LPCs      
Assets      
Fair Value 1 1  
Fair Value 2 1  
Recurring Fair Value Measurements | Level 3 | Forward MBS trades      
Assets      
Fair Value 0 0  
Fair Value 0 0  
Recurring Fair Value Measurements | Level 3 | Treasury futures      
Assets      
Fair Value $ 0 $ 0