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MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Schedule of Servicing Fee Revenue (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Servicing Asset at Amortized Cost [Line Items]        
Change in fair value of derivative instruments $ 0 $ 8,624 $ 7,189 $ (199)
Gain (loss) on settlement of derivative instruments 232,470 (49,256) 279,945 (76,629)
Servicing revenue, net 806,041 (61,807) 1,837,834 478,751
Change in valuation inputs and assumptions     1,359,992  
Excess Spread Financing        
Servicing Asset at Amortized Cost [Line Items]        
Realization of cash flows   (1,300)   (2,600)
Change in valuation inputs and assumptions   200   1,600
MSRs        
Servicing Asset at Amortized Cost [Line Items]        
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables 434,789 311,432 856,344 619,264
Ancillary and other fees 34,689 44,744 69,534 85,196
Servicing fee revenue, net and fees 469,478 356,176 925,878 704,460
Realization of cash flows (180,265) (297,778) (380,590) (637,448)
Change in valuation inputs and assumptions 514,955 (115,986) 1,359,992 425,980
Change in fair value of derivative instruments 0 8,624 7,189 (199)
(Gain) loss realized 1,873 (15,150) 2,179 (16,349)
Gain (loss) on settlement of derivative instruments 0 2,307 (76,814) 2,307
Servicing revenue, net $ 806,041 $ (61,807) $ 1,837,834 $ 478,751