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FAIR VALUE MEASUREMENTS - Carrying Values and Fair Values of Financial Assets Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Dec. 31, 2020
Assets        
Excess MSRs $ 337,050 $ 344,947    
Mortgage servicing rights, at fair value 8,626,409 6,858,803    
Real estate and other securities 7,988,802 9,396,539    
Residential mortgage loans, held-for-sale 5,410,989 11,347,845    
Residential mortgage loans, held-for-sale, at fair value 5,293,936 11,214,924    
Residential mortgage loans subject to repurchase 1,758,509 [1] 1,787,314 [1] $ 1,308,242  
Cash, cash equivalents and restricted cash 1,944,808 1,528,442 $ 1,194,743 $ 1,080,473
Derivative assets 194,507 138,173    
Liabilities        
Residential mortgage loan repurchase liability 1,800,000      
Derivative liabilities 57,224 34,583    
Recurring Basis        
Assets        
Excess MSRs, principal balance 73,121,546      
MSRs and MSR financing receivables, principal balance 548,095,165      
Servicer advance investments, principal balance 341,328      
Real estate and other securities, principal balance 25,301,502      
Residential mortgage loans, held-for-sale, principal balance 131,937      
Residential mortgage loans, held-for-sale, at fair value, principal balance 5,388,033      
Residential mortgage loans, held-for-investment, at fair value, principal balance 576,750      
Residential mortgage loans, subject to repurchase, principal balance 1,758,509      
Consumer loans, principal balance 380,603      
Mortgage loans receivable, principal balance 1,756,079      
Note receivable, principal balance 61,785      
Loans receivable, principal balance 164,321      
Cash, cash equivalents and restricted cash 1,944,808      
Derivative assets, principal balance 34,903,771      
Liabilities        
Secured financing agreements, principal balance 13,969,519      
Secured notes and bonds payable, principal amount 9,370,942      
Unsecured senior notes, net of issuance costs, principal balance 544,167      
Residential mortgage loan repurchase liability, principal balance 1,758,509      
Derivative liabilities, principal amount 4,487,083      
Recurring Basis | Mortgage Loans Receivable Securitization        
Liabilities        
Fair value, measurement with unobservable inputs reconciliation, recurring basis, asset value 40,000      
Recurring Basis | Asset Backed Securities Issued        
Liabilities        
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 698,100      
Recurring Basis | Level 3        
Liabilities        
Fair value, measurement with unobservable inputs reconciliation, recurring basis, asset value 13,442,718 13,425,847    
Recurring Basis | Level 3 | Asset Backed Securities Issued        
Liabilities        
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 380,662 $ 511,107    
Recurring Basis | Carrying Value        
Assets        
Excess MSRs 337,050      
Mortgage servicing rights, at fair value 8,626,409      
Servicer advance investments 379,901      
Real estate and other securities 7,988,802      
Residential mortgage loans, held-for-sale 117,053      
Residential mortgage loans, held-for-sale, at fair value 5,293,937      
Residential mortgage loans, held-for-investment, at fair value 510,744      
Residential mortgage loans subject to repurchase 1,758,509      
Consumer loans 423,735      
Mortgage loans receivable 1,756,079      
Notes receivable 52,692      
Loans receivable 164,901      
Cash, cash equivalents and restricted cash 1,944,808      
Other assets 28,965      
Derivative assets 194,507      
Assets, fair value 29,578,092      
Liabilities        
Secured financing agreements 13,967,234      
Secured notes and bonds payable 9,322,026      
Notes Payable, Fair Value Disclosure 544,167      
Residential mortgage loan repurchase liability 1,758,509      
Derivative liabilities 57,224      
Liabilities, fair value 25,649,160      
Recurring Basis | Fair Value        
Assets        
Excess MSRs 337,050      
Mortgage servicing rights, at fair value 8,626,409      
Servicer advance investments 379,901      
Real estate and other securities 7,988,802      
Residential mortgage loans, held-for-sale 118,299      
Residential mortgage loans, held-for-sale, at fair value 5,293,937      
Residential mortgage loans, held-for-investment, at fair value 510,744      
Residential mortgage loans subject to repurchase 1,758,509      
Consumer loans 423,735      
Mortgage loans receivable 1,756,079      
Notes receivable 52,692      
Loans receivable 164,901      
Cash, cash equivalents and restricted cash 1,944,808      
Other assets 28,965      
Derivative assets 194,507      
Assets, fair value 29,579,338      
Liabilities        
Secured financing agreements 13,967,234      
Secured notes and bonds payable 9,521,247      
Notes Payable, Fair Value Disclosure 478,841      
Residential mortgage loan repurchase liability 1,758,509      
Derivative liabilities 57,224      
Liabilities, fair value 25,783,055      
Recurring Basis | Fair Value | Level 1        
Assets        
Excess MSRs 0      
Mortgage servicing rights, at fair value 0      
Servicer advance investments 0      
Real estate and other securities 0      
Residential mortgage loans, held-for-sale 0      
Residential mortgage loans, held-for-sale, at fair value 0      
Residential mortgage loans, held-for-investment, at fair value 0      
Residential mortgage loans subject to repurchase 0      
Consumer loans 0      
Mortgage loans receivable 0      
Notes receivable 0      
Loans receivable 0      
Cash, cash equivalents and restricted cash 1,944,808      
Other assets 1,754      
Derivative assets 0      
Assets, fair value 1,946,562      
Liabilities        
Secured financing agreements 0      
Secured notes and bonds payable 0      
Notes Payable, Fair Value Disclosure 0      
Residential mortgage loan repurchase liability 0      
Derivative liabilities 0      
Liabilities, fair value 0      
Recurring Basis | Fair Value | Level 2        
Assets        
Excess MSRs 0      
Mortgage servicing rights, at fair value 0      
Servicer advance investments 0      
Real estate and other securities 7,064,068      
Residential mortgage loans, held-for-sale 0      
Residential mortgage loans, held-for-sale, at fair value 4,736,171      
Residential mortgage loans, held-for-investment, at fair value 0      
Residential mortgage loans subject to repurchase 1,758,509      
Consumer loans 0      
Mortgage loans receivable 352,867      
Notes receivable 0      
Loans receivable 0      
Cash, cash equivalents and restricted cash 0      
Other assets 0      
Derivative assets 120,723      
Assets, fair value 14,032,338      
Liabilities        
Secured financing agreements 13,967,234      
Secured notes and bonds payable 1,074,062      
Notes Payable, Fair Value Disclosure 0      
Residential mortgage loan repurchase liability 1,758,509      
Derivative liabilities 45,014      
Liabilities, fair value 16,844,819      
Recurring Basis | Fair Value | Level 3        
Assets        
Excess MSRs 337,050      
Mortgage servicing rights, at fair value 8,626,409      
Servicer advance investments 379,901      
Real estate and other securities 924,734      
Residential mortgage loans, held-for-sale 118,299      
Residential mortgage loans, held-for-sale, at fair value 557,766      
Residential mortgage loans, held-for-investment, at fair value 510,744      
Residential mortgage loans subject to repurchase 0      
Consumer loans 423,735      
Mortgage loans receivable 1,403,212      
Notes receivable 52,692      
Loans receivable 164,901      
Cash, cash equivalents and restricted cash 0      
Other assets 27,211      
Derivative assets 73,784      
Assets, fair value 13,600,438      
Liabilities        
Secured financing agreements 0      
Secured notes and bonds payable 8,447,185      
Notes Payable, Fair Value Disclosure 478,841      
Residential mortgage loan repurchase liability 0      
Derivative liabilities 12,210      
Liabilities, fair value 8,938,236      
Recurring Basis | Fair Value | Fair Value Measured at Net Asset Value Per Share        
Assets        
Other assets $ 28,500      
[1] See Note 5 for details.