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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Interest income $ 1,519,679 $ 1,076,735 $ 645,072
Interest expense 460,865 373,424 274,013
Net interest income (expense) 1,058,814 703,311 371,059
Impairment      
Other-than-temporary impairment (OTTI) on securities 10,334 10,264 5,788
Valuation and loss provision (reversal) on loans and real estate owned 75,758 77,716 18,596
Total Impairment Charges 86,092 87,980 24,384
Net interest income after impairment 972,722 615,331 346,675
Servicing revenue, net 424,349 118,169 0
Other Income      
Change in fair value of investments in excess mortgage servicing rights 4,322 (7,297) 38,643
Change in fair value of investments in excess mortgage servicing rights, equity method investees 12,617 16,526 31,160
Change in fair value of investments in mortgage servicing rights financing receivables 66,394 0 0
Change in fair value of servicer advance investments 84,418 (7,768) (57,491)
Gain on consumer loans investment 0 9,943 43,954
Gain on remeasurement of consumer loans investment 0 71,250 0
Gain (loss) on settlement of investments, net 10,310 (48,800) (19,626)
Earnings from investments in consumer loans, equity method investees 25,617 0 0
Other income (loss), net 4,108 28,483 5,389
Total Other Income 207,786 62,337 42,029
Operating Expenses      
General and administrative expenses 67,159 38,570 61,862
Management fee to affiliate 55,634 41,610 33,475
Incentive compensation to affiliate 81,373 42,197 16,017
Loan servicing expense 52,330 44,001 6,469
Subservicing expense 166,081 7,832 0
Total Operating Expenses 422,577 174,210 117,823
Income (Loss) Before Income Taxes 1,182,280 621,627 270,881
Income tax expense (benefit) 167,628 38,911 (11,001)
Net Income (Loss) 1,014,652 582,716 281,882
Noncontrolling Interests in Income of Consolidated Subsidiaries 57,119 78,263 13,246
Net income (loss) attributable to common stockholders $ 957,533 $ 504,453 $ 268,636
Net Income Per Share of Common Stock      
Basic (in dollars per share) $ 3.17 $ 2.12 $ 1.34
Diluted (in dollars per share) $ 3.15 $ 2.12 $ 1.32
Weighted Average Number of Shares of Common Stock Outstanding      
Basic (in shares) 302,238,065 238,122,665 200,739,809
Diluted (in shares) 304,381,388 238,486,772 202,907,605
Dividends declared per Share of Common Stock (in dollars per share) $ 1.98 $ 1.84 $ 1.75