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RESIDENTIAL MORTGAGE LOANS - Residential Mortgage Loans Outstanding by Loan Type, Excluding REO (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2021
USD ($)
loan
Dec. 31, 2020
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 754,347 $ 1,022,131
Weighted Average Life (Years) 1 year 6 months  
Residential Mortgage Loans, Held-for-Investment, at Fair Value    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 708,746  
Carrying Value $ 656,752 674,179
Loan Count | loan 11,806  
Weighted Average Yield 6.00%  
Weighted Average Life (Years) 5 years 6 months  
Acquired Residential Mortgage Loans Held-for-Sale    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 379,186  
Carrying Value $ 323,079 509,887
Loan Count | loan 4,719  
Weighted Average Yield 5.60%  
Weighted Average Life (Years) 3 years 8 months 12 days  
Acquired Reverse Mortgage Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 12,228  
Carrying Value $ 5,675 5,884
Loan Count | loan 28  
Weighted Average Yield 7.60%  
Weighted Average Life (Years) 4 years 3 months 18 days  
Interest in reverse mortgage loans 70.00%  
Unpaid principal balance $ 600  
Percentage of loans that have reached a termination event 52.00%  
Acquired Reverse Mortgage Loans | Mr. Cooper    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Interest in reverse mortgage loans 30.00%  
Acquired Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 132,431  
Carrying Value $ 126,814 129,345
Loan Count | loan 3,155  
Weighted Average Yield 5.50%  
Weighted Average Life (Years) 4 years 4 months 24 days  
Acquired Performing Loans | Ginnie Mae    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance $ 553,900  
Acquired Non-Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount 234,527  
Carrying Value $ 190,590 374,658
Loan Count | loan 1,536  
Weighted Average Yield 5.50%  
Weighted Average Life (Years) 3 years 3 months 18 days  
Acquired Non-Performing Loans | Ginnie Mae    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance $ 289,900  
Acquired Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount 1,706,522  
Carrying Value $ 1,728,490 1,423,159
Loan Count | loan 8,569  
Weighted Average Yield 3.70%  
Weighted Average Life (Years) 10 years  
Acquired non-performing loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 455,723  
Carrying Value $ 406,100 335,544
Loan Count | loan 2,325  
Weighted Average Yield 5.20%  
Weighted Average Life (Years) 3 years  
Originated loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 3,420,363  
Carrying Value $ 3,465,886 2,947,113
Loan Count | loan 12,919  
Weighted Average Yield 2.90%  
Weighted Average Life (Years) 27 years 6 months  
Total residential mortgage loans, held-for-sale, at fair value    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 5,582,608  
Carrying Value $ 5,600,476 4,705,816
Loan Count | loan 23,813  
Weighted Average Yield 3.30%  
Weighted Average Life (Years) 20 years 2 months 12 days  
Total residential mortgage loans, held-for-sale, at fair value/lower of cost or market    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 5,961,794  
Carrying Value $ 5,923,555 $ 5,215,703