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RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Income Statement (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate $ 1,184,758 $ 824,788
Total revenues 1,260,618 824,788
Expenses    
Interest expense and warehouse line fees 409,827 304,215
General and administrative 197,194 167,479
Compensation and benefits 235,778 188,880
Total operating expenses 842,799 660,574
Other Income (Loss)    
Realized and unrealized gains (losses), net (44,846) (65,905)
Other income (loss), net 7,926 (25,166)
Total other income (loss) (36,920) (91,071)
Income (loss) before income taxes 380,899 73,143
Income tax expense (benefit) 93,412 (16,806)
Net income (loss) 287,487 89,949
Noncontrolling interests in income (loss) of consolidated subsidiaries 3,452 (1,300)
Dividends on preferred stock 22,395 22,395
Net income (loss) attributable to common stockholders - basic $ 261,640 $ 68,854
Net Income (loss) per share of common stock    
Basic (in dollars per share) $ 0.54 $ 0.14
Diluted (in dollars per share) $ 0.54 $ 0.14
Weighted average number of shares of common stock outstanding    
Basic (in shares) 483,336,777 478,167,178
Diluted (in shares) 485,931,501 482,846,911
Dividends declared per share of common stock (in dollars per share) $ 0.25 $ 0.25
As Reported (Unaudited)    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate $ 1,210,450  
Total revenues 1,286,310  
Expenses    
Interest expense and warehouse line fees 414,365  
General and administrative 195,118  
Compensation and benefits 235,778  
Total operating expenses 845,261  
Other Income (Loss)    
Realized and unrealized gains (losses), net (68,134)  
Other income (loss), net 7,984  
Total other income (loss) (60,150)  
Income (loss) before income taxes 380,899  
Income tax expense (benefit) 93,412  
Net income (loss) 287,487  
Noncontrolling interests in income (loss) of consolidated subsidiaries 3,452  
Dividends on preferred stock 22,395  
Net income (loss) attributable to common stockholders - basic $ 261,640  
Net Income (loss) per share of common stock    
Basic (in dollars per share) $ 0.54  
Diluted (in dollars per share) $ 0.54  
Weighted average number of shares of common stock outstanding    
Basic (in shares) 483,336,777  
Diluted (in shares) 485,931,501  
Dividends declared per share of common stock (in dollars per share) $ 0.25  
Error Adjustments    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate $ (16,747)  
Total revenues (16,747)  
Expenses    
Interest expense and warehouse line fees 0  
General and administrative 2,076  
Compensation and benefits 0  
Total operating expenses 2,076  
Other Income (Loss)    
Realized and unrealized gains (losses), net 18,881  
Other income (loss), net (58)  
Total other income (loss) 18,823  
Income (loss) before income taxes 0  
Income tax expense (benefit) 0  
Net income (loss) 0  
Noncontrolling interests in income (loss) of consolidated subsidiaries 0  
Dividends on preferred stock 0  
Net income (loss) attributable to common stockholders - basic $ 0  
Net Income (loss) per share of common stock    
Basic (in dollars per share) $ 0  
Diluted (in dollars per share) $ 0  
Weighted average number of shares of common stock outstanding    
Basic (in shares) 0  
Diluted (in shares) 0  
Dividends declared per share of common stock (in dollars per share) $ 0  
Subtotal    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate $ 1,193,703  
Total revenues 1,269,563  
Expenses    
Interest expense and warehouse line fees 414,365  
General and administrative 197,194  
Compensation and benefits 235,778  
Total operating expenses 847,337  
Other Income (Loss)    
Realized and unrealized gains (losses), net (49,253)  
Other income (loss), net 7,926  
Total other income (loss) (41,327)  
Income (loss) before income taxes 380,899  
Income tax expense (benefit) 93,412  
Net income (loss) 287,487  
Noncontrolling interests in income (loss) of consolidated subsidiaries 3,452  
Dividends on preferred stock 22,395  
Net income (loss) attributable to common stockholders - basic $ 261,640  
Net Income (loss) per share of common stock    
Basic (in dollars per share) $ 0.54  
Diluted (in dollars per share) $ 0.54  
Weighted average number of shares of common stock outstanding    
Basic (in shares) 483,336,777  
Diluted (in shares) 485,931,501  
Dividends declared per share of common stock (in dollars per share) $ 0.25  
Reclassifications    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate $ (8,945)  
Total revenues (8,945)  
Expenses    
Interest expense and warehouse line fees (4,538)  
General and administrative 0  
Compensation and benefits 0  
Total operating expenses (4,538)  
Other Income (Loss)    
Realized and unrealized gains (losses), net 4,407  
Other income (loss), net 0  
Total other income (loss) 4,407  
Income (loss) before income taxes 0  
Income tax expense (benefit) 0  
Net income (loss) 0  
Noncontrolling interests in income (loss) of consolidated subsidiaries 0  
Dividends on preferred stock 0  
Net income (loss) attributable to common stockholders - basic $ 0  
Net Income (loss) per share of common stock    
Basic (in dollars per share) $ 0  
Diluted (in dollars per share) $ 0  
Weighted average number of shares of common stock outstanding    
Basic (in shares) 0  
Diluted (in shares) 0  
Dividends declared per share of common stock (in dollars per share) $ 0  
MSRs    
Weighted average number of shares of common stock outstanding    
Realization of cash flows $ (116,839) $ (105,691)
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 469,891 469,657
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables | As Reported (Unaudited)    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 470,203  
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables | Error Adjustments    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate (312)  
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables | Subtotal    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 469,891  
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables | Reclassifications    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 0  
Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows of $(116,839) and $(105,691), respectively)    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 84,175 (142,304)
Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows of $(116,839) and $(105,691), respectively) | As Reported (Unaudited)    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 84,175  
Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows of $(116,839) and $(105,691), respectively) | Error Adjustments    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 0  
Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows of $(116,839) and $(105,691), respectively) | Subtotal    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 84,175  
Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows of $(116,839) and $(105,691), respectively) | Reclassifications    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 0  
Servicing revenue, net    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 554,066 327,353
Servicing revenue, net | As Reported (Unaudited)    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 554,378  
Servicing revenue, net | Error Adjustments    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate (312)  
Servicing revenue, net | Subtotal    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 554,066  
Servicing revenue, net | Reclassifications    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 0  
Interest income    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 429,886 330,023
Interest income | As Reported (Unaudited)    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 448,179  
Interest income | Error Adjustments    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate (9,348)  
Interest income | Subtotal    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 438,831  
Interest income | Reclassifications    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate (8,945)  
Gain on originated residential mortgage loans, held-for-sale, net    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 142,458 109,268
Gain on originated residential mortgage loans, held-for-sale, net | As Reported (Unaudited)    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 149,545  
Gain on originated residential mortgage loans, held-for-sale, net | Error Adjustments    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate (7,087)  
Gain on originated residential mortgage loans, held-for-sale, net | Subtotal    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 142,458  
Gain on originated residential mortgage loans, held-for-sale, net | Reclassifications    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 0  
Other revenues    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 58,348 58,144
Other revenues | As Reported (Unaudited)    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 58,348  
Other revenues | Error Adjustments    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 0  
Other revenues | Subtotal    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 58,348  
Other revenues | Reclassifications    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 0  
Asset management revenues    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Total revenues 75,860 $ 0
Asset management revenues | As Reported (Unaudited)    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Total revenues 75,860  
Asset management revenues | Error Adjustments    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Total revenues 0  
Asset management revenues | Subtotal    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Total revenues 75,860  
Asset management revenues | Reclassifications    
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate    
Total revenues $ 0