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RESIDENTIAL MORTGAGE LOANS - Carrying Value of Mortgage Loans (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2023
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Balance, beginning $ 3,398,298
Transfer of loans from held-for-investment 30,556
Balance, ending 3,092,667
Residential Portfolio Segment  
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Balance, beginning 3,850,817
Originations 16,973,737
Sales (17,331,809)
Purchases/additional fundings 116,564
Proceeds from repayments (124,123)
Transfer of loans to other assets 2,528
Transfer of loans to real estate owned (6,934)
Transfers of loans to held-for-sale (30,556)
Valuation (provision) reversal on loans (2,067)
Changes in instrument-specific credit risk 9,786
Other factors 4,374
Balance, ending 3,492,873
Loans Held-for-Investment, at Fair Value | Residential Portfolio Segment  
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Balance, beginning 452,519
Originations 0
Sales 0
Purchases/additional fundings 1,269
Proceeds from repayments (25,563)
Transfer of loans to other assets 0
Transfer of loans to real estate owned (3,685)
Transfers of loans to held-for-sale (30,556)
Transfer of loans from held-for-investment 0
Valuation (provision) reversal on loans 0
Changes in instrument-specific credit risk 3,469
Other factors 2,753
Balance, ending 400,206
Residential Mortgage Loans, Held-for-Sale | Loans held-for-sale, at lower of cost or fair value | Residential Portfolio Segment  
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Balance, beginning 101,027
Originations 0
Sales (6,946)
Purchases/additional fundings 0
Proceeds from repayments (5,932)
Transfer of loans to other assets 0
Transfer of loans to real estate owned (2,137)
Transfers of loans to held-for-sale 0
Transfer of loans from held-for-investment 0
Valuation (provision) reversal on loans (2,067)
Changes in instrument-specific credit risk 0
Other factors 0
Balance, ending 83,945
Residential Mortgage Loans, Held-for-Sale | Loans Held-for-Sale, at Fair Value | Residential Portfolio Segment  
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]  
Balance, beginning 3,297,271
Originations 16,973,737
Sales (17,324,863)
Purchases/additional fundings 115,295
Proceeds from repayments (92,628)
Transfer of loans to other assets 2,528
Transfer of loans to real estate owned (1,112)
Transfers of loans to held-for-sale 0
Transfer of loans from held-for-investment 30,556
Valuation (provision) reversal on loans 0
Changes in instrument-specific credit risk 6,317
Other factors 1,621
Balance, ending $ 3,008,722