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LOANS - Investment Loan Activity (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2025
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Beginning balance January 1, 2025 $ 3,546,902 [1],[2]
Purchases / organizations / draws 12,841,249
Sales and transfers (12,205,575)
Principal payments (217,068)
Gains / (losses) 58,550
(Amortization) / accretion (15,759)
Ending balance September 30, 2025 4,008,299 [2]
Exercise of optional redemption provisions of securitization vehicles, carrying value 290,400
Transfer of residential loans to securitization vehicles, carrying value $ 10,900,000
[1]
(1)Derived from the audited consolidated financial statements at December 31, 2024.
[2]
(4)Includes $10.9 million and $10.0 million of residential mortgage loans held for sale at September 30, 2025 and December 31, 2024, respectively.