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RESIDENTIAL MORTGAGE LOANS - Residential Mortgage Loans Outstanding by Loan Type, Excluding REO (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2021
USD ($)
loan
Dec. 31, 2020
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Weighted Average Life (Years) 10 months 24 days  
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 $ 662,210  
Carrying Value $ 617,951 $ 674,179
Loan Count | loan 11,246  
Weighted Average Yield 5.90%  
Weighted Average Life (Years) 5 years 2 months 12 days  
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 $ 368,192  
Carrying Value $ 343,998 509,887
Loan Count | loan 4,532  
Weighted Average Yield 5.10%  
Weighted Average Life (Years) 3 years 7 months 6 days  
Acquired Reverse Mortgage Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 12,456  
Carrying Value $ 5,948 5,884
Loan Count | loan 28  
Weighted Average Yield 7.70%  
Weighted Average Life (Years) 3 years 8 months 12 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 $ 134,349  
Carrying Value $ 132,453 129,345
Loan Count | loan 3,105  
Weighted Average Yield 4.90%  
Weighted Average Life (Years) 4 years 3 months 18 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 $ 722,400  
Acquired Non-Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount 221,387  
Carrying Value $ 205,597 374,658
Loan Count | loan 1,399  
Weighted Average Yield 5.10%  
Weighted Average Life (Years) 3 years 2 months 12 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 $ 200,200  
Acquired Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount 1,712,038  
Carrying Value $ 1,742,686 1,423,159
Loan Count | loan 10,875  
Weighted Average Yield 3.30%  
Weighted Average Life (Years) 7 years 7 months 6 days  
Acquired non-performing loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 416,534  
Carrying Value $ 402,571 335,544
Loan Count | loan 2,284  
Weighted Average Yield 4.80%  
Weighted Average Life (Years) 3 years 1 month 6 days  
Originated loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 4,448,668  
Carrying Value $ 4,599,186 2,947,113
Loan Count | loan 17,338  
Weighted Average Yield 3.20%  
Weighted Average Life (Years) 27 years 8 months 12 days  
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 $ 6,577,240  
Carrying Value $ 6,744,443 4,705,816
Loan Count | loan 30,497  
Weighted Average Yield 3.30%  
Weighted Average Life (Years) 20 years 10 months 24 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 $ 6,945,432  
Carrying Value $ 7,088,441 $ 5,215,703