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Loans and Allowance for Credit Losses - Loan Vintage (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Loan classification and delinquency by year of origination    
UPB $ 9,527,115 $ 10,780,189
Current fiscal year 331,591 590,350
Year before current fiscal year 514,620 3,679,345
Two years before current fiscal year 3,285,929 3,680,518
Three years before current fiscal year 3,219,388 582,228
Four years before current fiscal year 397,423 1,038,298
Five or more years before current fiscal year 1,733,955 1,105,219
Total 9,482,906 10,675,958
General allowance for loan losses (36,618) (44,473)
Total Loans, net of allowance for loan losses, including loans in consolidated VIEs 9,446,288 10,631,485
Specific allowance for loan losses including PCD allowance 8,200 57,100
Specific allowance for purchased financial assets with credit deterioration 1,889 21,422
Specific allowance for loan losses 6,325 35,710
Gross write-offs by year of origination    
Current fiscal year write-offs   100
Year before current fiscal year write-offs 1,273 950
Two years before current fiscal year write-offs 1,492 3,236
Three years before current fiscal year write-offs 2,890 258
Four years before current fiscal year write-offs 533 360
Five or more years before current fiscal year write-offs 5,511 25,731
Total write-offs 11,699 30,635
Current and less than 30 days past due    
Loan classification and delinquency by year of origination    
UPB 9,103,724 9,632,399
Current fiscal year 330,985 574,507
Year before current fiscal year 497,155 3,351,046
Two years before current fiscal year 3,168,095 3,409,643
Three years before current fiscal year 3,029,683 495,433
Four years before current fiscal year 380,511 881,868
Five or more years before current fiscal year 1,664,385 875,348
Total 9,070,814 9,587,845
30-59 Days Past Due    
Loan classification and delinquency by year of origination    
UPB 45,971 172,355
Current fiscal year 505 582
Year before current fiscal year 124 59,988
Two years before current fiscal year 16,759 80,684
Three years before current fiscal year 13,408 510
Four years before current fiscal year   22,586
Five or more years before current fiscal year 15,112 7,148
Total 45,908 171,498
60+ Days Past Due    
Loan classification and delinquency by year of origination    
UPB 377,420 975,435
Current fiscal year 101 15,261
Year before current fiscal year 17,341 268,311
Two years before current fiscal year 101,075 190,191
Three years before current fiscal year 176,297 86,285
Four years before current fiscal year 16,912 133,844
Five or more years before current fiscal year 54,458 222,723
Total 366,184 916,615
Bridge    
Loan classification and delinquency by year of origination    
UPB 6,086,253 6,837,816
Current fiscal year 231,149 323,648
Year before current fiscal year 255,672 2,956,697
Two years before current fiscal year 2,669,676 2,949,521
Three years before current fiscal year 2,643,443 288,647
Four years before current fiscal year 176,563 166,266
Five or more years before current fiscal year 93,405 111,303
Total 6,069,908 6,796,082
General allowance for loan losses (12,732) (17,302)
Specific allowance for loan losses 1,666 18,939
Bridge | Current and less than 30 days past due    
Loan classification and delinquency by year of origination    
Total 5,752,441 6,186,367
Bridge | 30-59 Days Past Due    
Loan classification and delinquency by year of origination    
Total 25,074 87,163
Bridge | 60+ Days Past Due    
Loan classification and delinquency by year of origination    
Total 292,393 522,552
Fixed rate    
Loan classification and delinquency by year of origination    
UPB 957,283 1,032,641
Current fiscal year   4,007
Year before current fiscal year   110,800
Two years before current fiscal year 110,625 207,510
Three years before current fiscal year 181,427 90,794
Four years before current fiscal year 90,094 318,077
Five or more years before current fiscal year 576,876 300,642
Total 959,022 1,031,830
General allowance for loan losses (5,415) (7,884)
Specific allowance for loan losses 1,065 5,714
Fixed rate | Current and less than 30 days past due    
Loan classification and delinquency by year of origination    
Total 933,012 986,755
Fixed rate | 30-59 Days Past Due    
Loan classification and delinquency by year of origination    
Total 3,500 21,798
Fixed rate | 60+ Days Past Due    
Loan classification and delinquency by year of origination    
Total 22,510 23,277
Construction    
Loan classification and delinquency by year of origination    
UPB 842,854 1,212,526
Current fiscal year   108,218
Year before current fiscal year 107,206 253,100
Two years before current fiscal year 156,856 182,920
Three years before current fiscal year 103,290 73,370
Four years before current fiscal year 12,866 434,151
Five or more years before current fiscal year 459,407 128,876
Total 839,625 1,180,635
General allowance for loan losses (5,840) (3,722)
Specific allowance for purchased financial assets with credit deterioration 1,889 21,422
Specific allowance for loan losses 181 5,726
Construction | Current and less than 30 days past due    
Loan classification and delinquency by year of origination    
Total 803,198 782,123
Construction | 30-59 Days Past Due    
Loan classification and delinquency by year of origination    
Total 15,182 49,694
Construction | 60+ Days Past Due    
Loan classification and delinquency by year of origination    
Total 21,245 348,818
Freddie Mac    
Loan classification and delinquency by year of origination    
UPB   9,719
Two years before current fiscal year   3,810
Three years before current fiscal year   5,690
Total   9,500
Freddie Mac | Current and less than 30 days past due    
Loan classification and delinquency by year of origination    
Total   9,500
SBA 7(a)    
Loan classification and delinquency by year of origination    
UPB 1,242,458 1,230,959
Current fiscal year 94,112 151,878
Year before current fiscal year 148,941 353,871
Two years before current fiscal year 344,158 318,208
Three years before current fiscal year 283,853 115,019
Four years before current fiscal year 109,300 76,080
Five or more years before current fiscal year 238,443 189,622
Total 1,218,807 1,204,678
General allowance for loan losses (10,204) (12,679)
Specific allowance for loan losses 3,362 5,188
SBA 7(a) | Current and less than 30 days past due    
Loan classification and delinquency by year of origination    
Total 1,192,886 1,179,231
SBA 7(a) | 30-59 Days Past Due    
Loan classification and delinquency by year of origination    
Total 262 8,619
SBA 7(a) | 60+ Days Past Due    
Loan classification and delinquency by year of origination    
Total 25,659 16,828
Other    
Loan classification and delinquency by year of origination    
UPB 398,267 456,528
Current fiscal year 6,330 2,599
Year before current fiscal year 2,801 4,877
Two years before current fiscal year 4,614 18,549
Three years before current fiscal year 7,375 8,708
Four years before current fiscal year 8,600 43,724
Five or more years before current fiscal year 365,824 374,776
Total 395,544 453,233
General allowance for loan losses (2,427) (2,886)
Specific allowance for loan losses 51 143
Other | Current and less than 30 days past due    
Loan classification and delinquency by year of origination    
Total 389,277 443,869
Other | 30-59 Days Past Due    
Loan classification and delinquency by year of origination    
Total 1,890 4,224
Other | 60+ Days Past Due    
Loan classification and delinquency by year of origination    
Total $ 4,377 $ 5,140