DERIVATIVE INSTRUMENTS - Summary of Fair Value Information about Derivative Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Assets
Total derivative assets	$ 149,690	$ 225,351	[1]
Liabilities
Interest rate swaps	23,547	7,212
Total derivative liabilities	425,993	59,586	[1]
Futures
Assets
Other derivative assets	34,258	190,980
Total derivative assets	34,258	190,980
Liabilities
Other derivative liabilities	401,113	16,650
Total derivative liabilities	401,113	16,650
Purchase commitments
Assets
Other derivative assets	13,098	4,510
Total derivative assets	13,098	4,510
Liabilities
Other derivative liabilities	1,333	5,185
Total derivative liabilities	1,333	5,185
Interest rate swaps
Assets
Interest rate swaps	5,003	21,226
Total derivative assets	5,003	21,226
Liabilities
Total derivative liabilities	23,547	7,212
TBA derivatives
Assets
Other derivative assets	97,331	8,635
Total derivative assets	97,331	8,635
Liabilities
Other derivative liabilities	$ 0	30,539
Total derivative liabilities		$ 30,539

[1] (1)Derived from the audited consolidated financial statements at December 31, 2024.