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Fair Value - Level III (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total realized and unrealized gains (losses):    
Net accretion $ 3,475 $ 3,476
Level III    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 60,659,660 63,441,439
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale (3,323,231) (2,208,812)
Net accretion 2,605 2,606
Included in OCI (5,284) (2,403)
Purchases / Originations 2,266,699 375,270
Sales (2,278,467) (571,927)
Issuances   (11,604)
Cash repayments / receipts (65,963) (62,032)
Transfers into Level III (203,787) (409,267)
Transfers out of Level III (318,501) 148,775
Consolidation of VIEs 84,357 393,373
Deconsolidation of VIEs (728,523)  
Balance at the end of the period 56,089,565 61,095,418
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings (3,277,196) (2,204,436)
Included in OCI (5,284) (2,403)
Level III | Loans held-for-sale    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 2,936,025 1,022,979
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale (125,783) (9,478)
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 2,266,699 375,270
Sales (2,278,467) (571,927)
Issuances   0
Cash repayments / receipts (58,434) (53,071)
Transfers into Level III 93 0
Transfers out of Level III (373,111) 0
Consolidation of VIEs 0 0
Deconsolidation of VIEs 0  
Balance at the end of the period 2,367,022 763,773
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings (82,883) (7,708)
Included in OCI 0 0
Level III | RMBS    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 143,980 167,349
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 0 0
Net accretion 2,605 2,606
Included in OCI (5,284) (2,403)
Purchases / Originations 0 0
Sales 0 0
Issuances   0
Cash repayments / receipts (6,895) (7,251)
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 0 0
Deconsolidation of VIEs 0  
Balance at the end of the period 134,406 160,301
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 2,605 2,606
Included in OCI (5,284) (2,403)
Level III | CMBS    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 22,244 19,457
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale (692) 372
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Issuances   0
Cash repayments / receipts (224) (573)
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 0 0
Deconsolidation of VIEs 530  
Balance at the end of the period 21,858 19,256
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings (162) 372
Included in OCI 0 0
Level III | Woodstar Fund investments    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 1,040,309 0
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 223,851 0
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Issuances   0
Cash repayments / receipts 0 0
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 0 0
Deconsolidation of VIEs 0  
Balance at the end of the period 1,264,160 0
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 223,851 0
Included in OCI 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 16,780 13,202
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 1,084 (796)
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Issuances   0
Cash repayments / receipts 0 0
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 0 0
Deconsolidation of VIEs 0  
Balance at the end of the period 17,864 12,406
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 1,084 (796)
Included in OCI 0 0
Level III | VIE assets    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 61,280,543 64,238,328
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale (3,896,602) (2,264,591)
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Issuances   0
Cash repayments / receipts 0 0
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 1,109,614 393,373
Deconsolidation of VIEs (730,012)  
Balance at the end of the period 57,763,543 62,367,110
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings (3,896,602) (2,264,591)
Included in OCI 0 0
Level III | VIE liabilities    
Changes in financial assets classified as Level III    
Balance at the beginning of the period (4,780,221) (2,019,876)
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 474,911 65,681
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Issuances   (11,604)
Cash repayments / receipts (410) (1,137)
Transfers into Level III (203,880) (409,267)
Transfers out of Level III 54,610 148,775
Consolidation of VIEs (1,025,257) 0
Deconsolidation of VIEs 959  
Balance at the end of the period (5,479,288) (2,227,428)
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 474,911 65,681
Included in OCI $ 0 $ 0