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SERVICER ADVANCE INVESTMENTS - Summary of Investments in Servicer Advances - Additional Information (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Investments in and Advances to Affiliates [Line Items]    
Outstanding Servicer Advances $ 376,881 $ 398,820
Face Amount of Secured Notes and Bonds Payable 26,412,410  
Servicer Advance Investments | Servicer advance investments    
Investments in and Advances to Affiliates [Line Items]    
Residential mortgage loan UPB and other collateral 15,499,559 17,033,753
Outstanding Servicer Advances $ 320,630 $ 341,628
Servicer Advances to UPB of Underlying Residential Mortgage Loans 2.10% 2.00%
Face Amount of Secured Notes and Bonds Payable $ 278,845 $ 319,276
Gross Loan-to-Value 84.10% 90.20%
Net Loan-to-Value 81.90% 88.30%
Gross Cost of Funds 7.50% 6.50%
Net Cost of Funds 6.90% 5.90%