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SERVICER ADVANCE INVESTMENTS - Schedule of Additional Information Regarding the Servicer Advance Investments (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments in and Advances to Affiliates [Line Items]    
Outstanding Servicer Advances $ 374,511 $ 376,881
Face Amount of Secured Notes and Bonds Payable 28,627,042  
Servicer advance investments | Servicer Advances    
Investments in and Advances to Affiliates [Line Items]    
UPB of Underlying Residential Mortgage Loans 14,871,701 15,499,559
Outstanding Servicer Advances $ 313,271 $ 320,630
Servicer Advances to UPB of Underlying Residential Mortgage Loans 2.10% 2.10%
Face Amount of Secured Notes and Bonds Payable $ 270,705 $ 278,845
Gross Loan-to-Value 84.10% 84.10%
Net Loan-to-Value 81.70% 81.90%
Gross Cost of Funds 7.30% 7.50%
Issue price (as a percent) 6.90% 6.90%