CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands		Jun. 30, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents (includes pledged assets of $1,266,528 and $1,136,298, respectively)	[1]	$ 1,587,108	$ 1,412,148	[2]
Securities (includes pledged assets of $62,801,367 and $65,400,248, respectively)	[3]	67,044,753	69,613,565	[2]
Loans, net (includes pledged assets of $2,326,386 and $2,082,419, respectively)	[4]	2,548,228	2,353,084	[2]
Mortgage servicing rights (includes pledged assets of $1,865,890 and $1,781,279, respectively)		2,785,614	2,122,196	[2]
Assets transferred or pledged to securitization vehicles		17,946,812	13,307,622	[2]
Derivative assets		187,868	162,557	[2]
Receivable for unsettled trades		320,659	2,710,224	[2]
Principal and interest receivable		917,130	1,222,705	[2]
Intangible assets, net		10,761	12,106	[2]
Other assets		319,644	311,029	[2]
Total assets		93,668,577	93,227,236	[2]
Liabilities
Repurchase agreements		60,787,994	62,201,543	[2]
Other secured financing		600,000	500,000	[2]
Debt issued by securitization vehicles		15,831,915	11,600,338	[2]
Participations issued		1,144,821	1,103,835	[2]
U.S. Treasury securities sold, not yet purchased		1,974,602	2,132,751
Derivative liabilities		100,829	302,295	[2]
Payable for unsettled trades		1,096,271	3,249,389	[2]
Interest payable		369,106	287,937	[2]
Dividends payable		325,662	325,052	[2]
Other liabilities		174,473	179,005	[2]
Total liabilities		82,405,673	81,882,145	[2]
Stockholders’ equity
Preferred stock, par value $0.01 per share, 63,500,000 authorized, issued and outstanding		1,536,569	1,536,569	[2]
Common stock, par value $0.01 per share, 1,468,250,000 authorized, 501,018,415 and 500,080,287 issued and outstanding, respectively		5,010	5,001	[2]
Additional paid-in capital		23,694,663	23,672,391	[2]
Accumulated other comprehensive income (loss)		(1,156,927)	(1,335,400)	[2]
Accumulated deficit		(12,898,191)	(12,622,768)	[2]
Total stockholders’ equity		11,181,124	11,255,793	[2]
Noncontrolling interests		81,780	89,298	[2]
Total equity		11,262,904	11,345,091	[2]
Total liabilities and equity		$ 93,668,577	$ 93,227,236	[2]

[1] (2)Includes cash of consolidated Variable Interest Entities (“VIEs”) of $2.3 million and $2.0 million at June 30, 2024 and December 31, 2023, respectively.

[2] (1)Derived from the audited consolidated financial statements at December 31, 2023.

[3] (3)Excludes $1.8 billion and $1.5 billion at June 30, 2024 and December 31, 2023, respectively, of non-Agency mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition. 

[4] (4)Includes $3.9 million and $1.2 million of residential mortgage loans held for sale at June 30, 2024 and December 31, 2023, respectively.