v3.25.4
Mortgage Servicing Rights - Summary of Mortgage Servicing Rights Activity (Details) - MSR - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Servicing Asset at Fair Value, Amount [Roll Forward]      
Fair value, beginning of period $ 3,969,881 $ 4,026,136 $ 4,453,261
Capitalization of MSRs 3,647,451 2,931,543 2,269,378
MSR and excess servicing sales (2,576,606) (2,761,564) (1,881,683)
Due to changes in valuation inputs and assumptions (436,089) 295,197 (330,031)
Due to collection/realization of cash flows and other (530,856) (521,431) (484,789)
Fair value, end of period 4,073,781 3,969,881 4,026,136
Changes in fair value:      
Due to changes in valuation inputs and assumptions, net (435,267) 295,197 (330,031)
Due to collection/realization of cash flows and other (530,856) (521,431) (484,789)
Net reserves and transaction costs on sales of servicing rights (89,325) (68,765) (39,328)
Changes in fair value of mortgage servicing rights $ (1,055,448) $ (294,999) $ (854,148)