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DEBT OBLIGATIONS - Schedule of Debt Obligations (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
Outstanding Face Amount $ 29,904,997  
Carrying Value $ 29,713,914 $ 31,269,457
Weighted Average Funding Cost 5.60%  
Weighted Average Life (Years) 3 years 7 months 6 days  
Interest payable $ 199,244 260,931
Secured Financing Agreements:    
Debt Instrument [Line Items]    
Outstanding Face Amount 15,899,785  
Carrying Value $ 15,897,778 16,782,467
Weighted Average Funding Cost 5.20%  
Weighted Average Life (Years) 8 months 12 days  
Interest payable $ 184,300 239,400
Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount 9,824,595  
Carrying Value $ 9,764,857 10,298,075
Weighted Average Funding Cost 6.50%  
Weighted Average Life (Years) 1 year 7 months 6 days  
Liabilities of Consolidated Funds    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 4,180,617  
Carrying Value $ 4,051,279 4,188,915
Weighted Average Funding Cost 5.10%  
Weighted Average Life (Years) 19 years 6 months  
Warehouse Credit Facilities-Residential Mortgage Loans | Secured Financing Agreements:    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 4,025,279  
Carrying Value $ 4,025,279 4,235,333
Weighted Average Funding Cost 5.70%  
Weighted Average Life (Years) 7 months 6 days  
Warehouse Credit Facilities-Residential Mortgage Loans | Secured Financing Agreements: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 23 years 9 months 18 days  
Outstanding Face $ 4,436,455  
Amortized Cost Basis 4,533,953  
Carrying Value 4,502,103  
Warehouse Credit Facility- Mortgage Loans Receivable | Secured Financing Agreements:    
Debt Instrument [Line Items]    
Outstanding Face Amount 1,873,586  
Carrying Value $ 1,873,586 1,547,307
Weighted Average Funding Cost 6.70%  
Weighted Average Life (Years) 1 year 6 months  
Warehouse Credit Facility- Mortgage Loans Receivable | Secured Financing Agreements: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 1 year 1 month 6 days  
Outstanding Face $ 2,181,576  
Amortized Cost Basis 2,186,402  
Carrying Value 2,186,402  
Agency RMBS or Treasuries | Secured Financing Agreements:    
Debt Instrument [Line Items]    
Outstanding Face Amount 8,670,898  
Carrying Value $ 8,670,898 9,782,976
Weighted Average Funding Cost 4.60%  
Weighted Average Life (Years) 3 months 18 days  
Agency RMBS or Treasuries | Secured Financing Agreements: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 7 years 1 month 6 days  
Outstanding Face $ 8,967,430  
Amortized Cost Basis 8,788,443  
Carrying Value 9,030,840  
Non-Agency securities | Secured Financing Agreements:    
Debt Instrument [Line Items]    
Outstanding Face Amount 871,386  
Carrying Value $ 871,386 744,457
Weighted Average Funding Cost 6.00%  
Weighted Average Life (Years) 8 months 12 days  
Non-Agency securities | Secured Financing Agreements: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 4 years 2 months 12 days  
Outstanding Face $ 14,894,065  
Amortized Cost Basis 1,206,506  
Carrying Value 1,285,364  
Excess MSRs | Secured Financing Agreements:    
Debt Instrument [Line Items]    
Outstanding Face Amount 223,241  
Carrying Value $ 222,689 222,452
Weighted Average Funding Cost 6.70%  
Weighted Average Life (Years) 1 year 2 months 12 days  
Excess MSRs | Secured Financing Agreements: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 6 years  
Outstanding Face $ 50,719,526  
Amortized Cost Basis 282,966  
Carrying Value 325,337  
CLOs | Secured Financing Agreements:    
Debt Instrument [Line Items]    
Outstanding Face Amount 229,361  
Carrying Value $ 227,906 170,990
Weighted Average Funding Cost 4.40%  
Weighted Average Life (Years) 8 years 2 months 12 days  
CLOs | Secured Financing Agreements: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 8 years 2 months 12 days  
Outstanding Face $ 229,949  
Carrying Value 229,532  
CLOs | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount 11,837  
Carrying Value $ 11,810 18,429
Weighted Average Funding Cost 6.10%  
Weighted Average Life (Years) 5 years  
CLOs | Secured Notes and Bonds Payable: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 5 years  
Outstanding Face $ 15,373  
Carrying Value 14,391  
SFR properties and commercial | Secured Financing Agreements:    
Debt Instrument [Line Items]    
Outstanding Face Amount 6,034  
Carrying Value $ 6,034 78,952
Weighted Average Funding Cost 6.80%  
Weighted Average Life (Years) 1 year 6 months  
SFR properties and commercial | Secured Financing Agreements: | Collateral    
Debt Instrument [Line Items]    
Amortized Cost Basis $ 10,785  
Carrying Value 10,785  
MSRs | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount 5,723,470  
Carrying Value $ 5,706,822 5,838,250
Weighted Average Funding Cost 6.80%  
Weighted Average Life (Years) 1 year 9 months 18 days  
MSRs | Secured Notes and Bonds Payable: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 6 years 4 months 24 days  
Outstanding Face $ 571,546,048  
Amortized Cost Basis 8,182,037  
Carrying Value 10,135,402  
Servicer Advance Investments | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount 240,656  
Carrying Value $ 240,656 258,183
Weighted Average Funding Cost 6.20%  
Weighted Average Life (Years) 8 months 12 days  
Servicer Advance Investments | Secured Notes and Bonds Payable: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 7 years 7 months 6 days  
Outstanding Face $ 276,702  
Amortized Cost Basis 302,338  
Carrying Value 312,986  
Servicer Advances    
Debt Instrument [Line Items]    
Carrying Value 2,784,270 3,110,437
Servicer Advances | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount 2,321,262  
Carrying Value $ 2,320,925 2,629,802
Weighted Average Funding Cost 6.80%  
Weighted Average Life (Years) 8 months 12 days  
Face amount of variable rate debt $ 1,500,000  
Face amount of fixed rate debt $ 1,000,000  
Servicer Advances | Secured Notes and Bonds Payable: | Minimum    
Debt Instrument [Line Items]    
Variable interest rate spread 1.60%  
Interest rate of fixed interest debt 3.90%  
Servicer Advances | Secured Notes and Bonds Payable: | Maximum    
Debt Instrument [Line Items]    
Variable interest rate spread 3.00%  
Interest rate of fixed interest debt 5.70%  
Servicer Advances | Secured Notes and Bonds Payable: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 8 months 12 days  
Outstanding Face $ 2,706,174  
Amortized Cost Basis 2,684,416  
Carrying Value 2,684,416  
Consumer Loans    
Debt Instrument [Line Items]    
Carrying Value 381,654 564,791
Consumer Loans | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount 403,296  
Carrying Value $ 381,654 564,791
Weighted Average Funding Cost 4.70%  
Weighted Average Life (Years) 3 years 3 months 18 days  
Consumer Loans | Secured Notes and Bonds Payable: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 1 year 8 months 12 days  
Outstanding Face $ 580,301  
Amortized Cost Basis 568,925  
Carrying Value 465,231  
SFR Properties and Commercial    
Debt Instrument [Line Items]    
Carrying Value 805,390 795,601
SFR Properties and Commercial | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount 819,074  
Carrying Value $ 799,356 716,649
Weighted Average Funding Cost 4.30%  
Weighted Average Life (Years) 2 years 1 month 6 days  
SFR Properties and Commercial | Secured Notes and Bonds Payable: | Minimum    
Debt Instrument [Line Items]    
Interest rate, stated percentage 3.50%  
SFR Properties and Commercial | Secured Notes and Bonds Payable: | Maximum    
Debt Instrument [Line Items]    
Interest rate, stated percentage 6.20%  
SFR Properties and Commercial | Secured Notes and Bonds Payable: | Collateral    
Debt Instrument [Line Items]    
Amortized Cost Basis $ 991,475  
Carrying Value 991,475  
Residential Transition Loans    
Debt Instrument [Line Items]    
Carrying Value 2,936,624 2,606,330
Residential Transition Loans | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount 200,000  
Carrying Value $ 200,000 200,000
Weighted Average Funding Cost 5.80%  
Weighted Average Life (Years) 1 year  
Interest rate, stated percentage 5.80%  
Residential Transition Loans | Secured Notes and Bonds Payable: | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 6 months  
Outstanding Face $ 230,554  
Amortized Cost Basis 230,554  
Carrying Value 231,693  
Residential Transition Loans | Liabilities of Consolidated Funds    
Debt Instrument [Line Items]    
Outstanding Face Amount 861,949  
Carrying Value $ 863,038 859,023
Weighted Average Funding Cost 6.20%  
Weighted Average Life (Years) 13 years 10 months 24 days  
Residential Transition Loans | Liabilities of Consolidated Funds | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 10 months 24 days  
Outstanding Face $ 943,271  
Carrying Value 967,461  
Secured facility - asset management | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount 75,000  
Carrying Value $ 73,634 71,971
Weighted Average Funding Cost 8.80%  
Weighted Average Life (Years) 3 months 18 days  
Interest rate, stated percentage 8.80%  
Other investments | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 30,000  
Carrying Value $ 30,000 0
Weighted Average Funding Cost 6.60%  
Weighted Average Life (Years) 4 years 7 months 6 days  
Residential Mortgage Loans | Liabilities of Consolidated Funds    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 2,358,418  
Carrying Value $ 2,232,484 2,369,934
Weighted Average Funding Cost 4.40%  
Weighted Average Life (Years) 25 years 3 months 18 days  
Residential Mortgage Loans | Liabilities of Consolidated Funds | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 25 years 3 months 18 days  
Outstanding Face $ 2,769,184  
Carrying Value 2,637,931  
Liabilities of Consolidated Funds | Liabilities of Consolidated Funds    
Debt Instrument [Line Items]    
Outstanding Face Amount 960,250  
Carrying Value $ 955,757 $ 959,958
Weighted Average Funding Cost 5.80%  
Weighted Average Life (Years) 10 years 2 months 12 days  
Liabilities of Consolidated Funds | Liabilities of Consolidated Funds | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 5 years  
Outstanding Face $ 1,041,106  
Carrying Value 1,073,302  
2.5% To 3.7% Agency MSR Secured Note And Bond Payable | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 4,000,000  
2.5% To 3.7% Agency MSR Secured Note And Bond Payable | Secured Notes and Bonds Payable: | Minimum    
Debt Instrument [Line Items]    
Variable interest rate spread 2.50%  
2.5% To 3.7% Agency MSR Secured Note And Bond Payable | Secured Notes and Bonds Payable: | Maximum    
Debt Instrument [Line Items]    
Variable interest rate spread 3.00%  
3.0% To 5.4% Public Notes | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 1,700,000  
3.0% To 5.4% Public Notes | Secured Notes and Bonds Payable: | Minimum    
Debt Instrument [Line Items]    
Interest rate, stated percentage 3.10%  
3.0% To 5.4% Public Notes | Secured Notes and Bonds Payable: | Maximum    
Debt Instrument [Line Items]    
Interest rate, stated percentage 7.40%  
Consumer Loan, UPB Class A | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 125,600  
Interest rate, stated percentage 2.00%  
Consumer Loan, UPB Class B | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 53,000  
Interest rate, stated percentage 2.70%  
Consumer Loan, Marcus | Secured Notes and Bonds Payable:    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 224,700  
Variable interest rate spread 2.40%  
Subordinated Notes | Liabilities of Consolidated Funds    
Debt Instrument [Line Items]    
Face amount of variable rate debt $ 32,000