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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Origination And Servicing, Investment Portfolio, Mortgage Loans Receivable And Corporate [Abstract]      
Total Revenues $ 5,205,836 $ 3,762,187 $ 4,920,801
Expenses      
Interest expense and warehouse line fees 1,835,325 1,401,327 777,793
General and administrative 868,484 761,102 896,062
Compensation and benefits 1,134,768 787,092 1,231,446
Management fee to affiliate 0 0 46,174
Termination fee to affiliate 0 0 400,000
Total Operating Expenses 3,838,577 2,949,521 3,351,475
Other Income (Loss)      
Realized and unrealized losses, net (215,705) (19,456) (180,059)
Other income (loss), net 57,255 (40,377) (126,466)
Total Other Loss, Net (158,450) (59,833) (306,525)
Income before Income Taxes 1,208,809 752,833 1,262,801
Income tax expense 267,317 122,159 279,516
Net Income (Loss) 941,492 630,674 983,285
Noncontrolling interests in income of consolidated subsidiaries 9,989 8,417 28,766
Dividends on preferred stock 96,456 89,579 89,726
Net Income Attributable to Common Stockholders - basic $ 835,047 $ 532,678 $ 864,793
Net Income per Share of Common Stock      
Basic (in dollars per share) $ 1.69 $ 1.11 $ 1.84
Diluted (in dollars per share) $ 1.67 $ 1.10 $ 1.80
Weighted Average Number of Shares of Common Stock Outstanding      
Basic (in shares) 495,479,956 481,934,951 468,836,718
Diluted (in shares) 499,597,670 483,716,715 481,636,125
Dividends declared per share of common stock (in dollars per share) $ 1.00 $ 1.00 $ 1.00
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables      
Origination And Servicing, Investment Portfolio, Mortgage Loans Receivable And Corporate [Abstract]      
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate revenues $ 1,993,319 $ 1,859,357 $ 1,831,354
Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows of $(602,241), $(518,978) and $(631,120), respectively)      
Origination And Servicing, Investment Portfolio, Mortgage Loans Receivable And Corporate [Abstract]      
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate revenues (167,574) (565,684) 727,334
Servicing revenue, net      
Origination And Servicing, Investment Portfolio, Mortgage Loans Receivable And Corporate [Abstract]      
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate revenues 1,825,745 1,293,673 2,558,688
Interest income      
Origination And Servicing, Investment Portfolio, Mortgage Loans Receivable And Corporate [Abstract]      
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate revenues 1,949,790 1,616,189 1,038,459
Gain on originated residential mortgage loans, held-for-sale, net      
Origination And Servicing, Investment Portfolio, Mortgage Loans Receivable And Corporate [Abstract]      
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate revenues 682,535 533,477 1,092,749
Other revenues      
Origination And Servicing, Investment Portfolio, Mortgage Loans Receivable And Corporate [Abstract]      
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate revenues 227,472 236,167 230,905
Asset management revenues      
Origination And Servicing, Investment Portfolio, Mortgage Loans Receivable And Corporate [Abstract]      
Total Revenues $ 520,294 $ 82,681 $ 0