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RESIDENTIAL MORTGAGE LOANS - Schedule of Net Interest Income (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income:        
Loans held-for-investment, at fair value $ 8,009 $ 11,550 $ 26,732 $ 32,298
Total interest income 53,090 61,048 154,232 212,263
Interest expense:        
Loans held-for-investment, at fair value 4,823 3,793 14,342 9,955
Total interest expense 50,211 52,587 147,122 141,800
Net interest income 2,879 8,461 7,110 70,463
Loans held-for-sale, at lower of cost or fair value        
Interest income:        
Loans held-for-sale 1,206 1,613 4,594 5,429
Interest expense:        
Loans held-for-sale 857 841 2,746 2,513
Loans held-for-sale, at fair value        
Interest income:        
Loans held-for-sale 43,875 47,885 122,906 174,536
Interest expense:        
Loans held-for-sale $ 44,531 $ 47,953 $ 130,034 $ 129,332