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Fair Value - Level III (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Total realized and unrealized gains (losses):        
Net accretion     $ 10,090 $ 9,362
Level III        
Changes in financial assets classified as Level III        
Balance at the beginning of the period $ 59,612,799 $ 63,150,598 63,441,439 61,317,478
Total realized and unrealized gains (losses):        
Change in fair value / gain on sale (987,979) (171,175) (4,233,758) (1,101,983)
Net accretion 2,584 2,633 7,800 7,967
Included in OCI (824) (581) (3,571) (8,647)
Purchases / Originations 1,783,772 1,013,158 3,151,346 1,900,738
Sales (856,187) (656,818) (2,333,767) (2,006,195)
Issuances (27,112)   (38,715) (24,376)
Cash repayments / receipts (58,983) (49,862) (181,147) (178,289)
Transfers into Level III (108,148) (485,332) (2,949,296) (1,242,539)
Transfers out of Level III 216,059 322,888 479,604 1,455,093
Transfers within Level III 0   0  
Consolidation of VIEs 1,128,875 512,300 3,364,921 3,518,562
Deconsolidation of VIEs (894,721) 148 (894,721) 148
Balance at the end of the period 59,810,135 63,637,957 59,810,135 63,637,957
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]        
Included in earnings (1,003,354) (212,649) (4,279,647) (1,093,344)
Included in OCI (822) (581) (3,563) (8,647)
Level III | Loans held-for-sale        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 767,821 894,613 1,022,979 1,436,194
Total realized and unrealized gains (losses):        
Change in fair value / gain on sale 31,727 61,384 68,116 79,700
Net accretion 0 0 0 0
Included in OCI 0 0 0 0
Purchases / Originations 1,783,772 1,013,158 3,151,346 1,900,738
Sales (856,187) (656,818) (2,333,767) (1,998,255)
Issuances 0   0 0
Cash repayments / receipts (50,395) (43,257) (153,723) (149,297)
Transfers into Level III 4,414 0 4,413 0
Transfers out of Level III (133,863) 0 (384,549) 0
Transfers within Level III 258,927   431,401  
Consolidation of VIEs 0 0 0 0
Deconsolidation of VIEs 0 0 0 0
Balance at the end of the period 1,806,216 1,269,080 1,806,216 1,269,080
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]        
Included in earnings 12,571 8,864 13,234 8,551
Included in OCI 0 0 0 0
Level III | RMBS        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 154,704 174,281 167,349 189,576
Total realized and unrealized gains (losses):        
Change in fair value / gain on sale 0 0 0 0
Net accretion 2,584 2,633 7,800 7,967
Included in OCI (824) (581) (3,571) (8,647)
Purchases / Originations 0 0 0 0
Sales 0 0 0 0
Issuances 0   0 0
Cash repayments / receipts (7,881) (6,063) (22,995) (18,626)
Transfers into Level III 0 0 0 0
Transfers out of Level III 0 0 0 0
Transfers within Level III 0   0  
Consolidation of VIEs 0 0 0 0
Deconsolidation of VIEs 0 0 0 0
Balance at the end of the period 148,583 170,270 148,583 170,270
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]        
Included in earnings 2,582 2,633 7,793 7,967
Included in OCI (822) (581) (3,563) (8,647)
Level III | CMBS        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 18,965 21,891 19,457 25,008
Total realized and unrealized gains (losses):        
Change in fair value / gain on sale (790) (56) (98) 5,331
Net accretion 0 0 0 0
Included in OCI 0 0 0 0
Purchases / Originations 0 0 0 0
Sales 0 0 0 (7,940)
Issuances 0   0 0
Cash repayments / receipts (356) (213) (1,540) (777)
Transfers into Level III 0 0 0 0
Transfers out of Level III 0 0 0 0
Transfers within Level III 0   0  
Consolidation of VIEs 0 0 0 0
Deconsolidation of VIEs 5,684 227 5,684 227
Balance at the end of the period 23,503 21,849 23,503 21,849
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]        
Included in earnings 409 (56) 1,102 (1,055)
Included in OCI 0 0 0 0
Level III | Domestic servicing rights, at fair value        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 13,705 13,955 13,202 16,917
Total realized and unrealized gains (losses):        
Change in fair value / gain on sale 2,237 634 2,740 (2,328)
Net accretion 0 0 0 0
Included in OCI 0 0 0 0
Purchases / Originations 0 0 0 0
Sales 0 0 0 0
Issuances 0   0 0
Cash repayments / receipts 0 0 0 0
Transfers into Level III 0 0 0 0
Transfers out of Level III 0 0 0 0
Transfers within Level III 0   0  
Consolidation of VIEs 0 0 0 0
Deconsolidation of VIEs 0 0 0 0
Balance at the end of the period 15,942 14,589 15,942 14,589
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]        
Included in earnings 2,237 634 2,740 (2,328)
Included in OCI 0 0 0 0
Level III | VIE assets        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 63,493,796 64,175,387 64,238,328 62,187,175
Total realized and unrealized gains (losses):        
Change in fair value / gain on sale (1,601,734) (202,560) (4,952,071) (1,291,705)
Net accretion 0 0 0 0
Included in OCI 0 0 0 0
Purchases / Originations 0 0 0 0
Sales 0 0 0 0
Issuances 0   0 0
Cash repayments / receipts 0 0 0 0
Transfers into Level III 0 0 0 0
Transfers out of Level III 0 0 0 0
Transfers within Level III (258,927)   (431,401)  
Consolidation of VIEs 1,649,200 512,300 4,427,479 3,589,657
Deconsolidation of VIEs (935,855) (7,652) (935,855) (7,652)
Balance at the end of the period 62,346,480 64,477,475 62,346,480 64,477,475
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]        
Included in earnings (1,601,734) (194,147) (4,952,071) (1,213,498)
Included in OCI 0 0 0 0
Level III | VIE liabilities        
Changes in financial assets classified as Level III        
Balance at the beginning of the period (4,836,192) (2,129,529) (2,019,876) (2,537,392)
Total realized and unrealized gains (losses):        
Change in fair value / gain on sale 580,581 (30,577) 647,555 107,019
Net accretion 0 0 0 0
Included in OCI 0 0 0 0
Purchases / Originations 0 0 0 0
Sales 0 0 0 0
Issuances (27,112)   (38,715) (24,376)
Cash repayments / receipts (351) (329) (2,889) (9,589)
Transfers into Level III (112,562) (485,332) (2,953,709) (1,242,539)
Transfers out of Level III 349,922 322,888 864,153 1,455,093
Transfers within Level III 0   0  
Consolidation of VIEs (520,325) 0 (1,062,558) (71,095)
Deconsolidation of VIEs 35,450 7,573 35,450 7,573
Balance at the end of the period (4,530,589) (2,315,306) (4,530,589) (2,315,306)
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]        
Included in earnings 580,581 (30,577) 647,555 107,019
Included in OCI $ 0 $ 0 $ 0 $ 0