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FAIR VALUE MEASUREMENTS - Financial Assets Measured at Fair Value on a Recurring Basis using Level 3 Inputs (Details) - Recurring Basis - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning $ 16,927,414 $ 14,826,220 $ 17,356,207 $ 14,427,743
Transfers:        
Transfers out of Level 3 (372,985) (149,919) (786,111) (149,919)
Transfers to Level 3   1,283 23,890 1,389
Computershare Acquisition (Note 3)   696,462   696,462
Gain (Loss) Included in Net Income:        
Credit losses on securities (705) (252) (603) (914)
Included in servicing revenue (194,819) (76,924) (733,101) 7,251
Other factors 29,120 17,059 54,163 31,356
Instrument-specific credit risk (12,294) 8,070 (28,656) (5,184)
Gain (loss) on settlement of investments, net   (656)   (620)
Other income (loss), net (18,275) (1,171) 19,980 (4,390)
Gains (losses) included in OCI 3,210 (4,211) 7,950 (3,474)
Interest income 24,680 26,005 47,290 54,561
Purchases, Sales and Repayments:        
Purchases, net 346,337 407,631 696,597 855,365
Sales and settlement fundings (23,165) (36,048) (40,763) (49,030)
Proceeds from repayments (1,086,652) (964,006) (2,123,730) (1,969,025)
Originations and other 1,345,097 870,188 2,473,850 1,728,160
Balance, ending 16,966,963 15,619,731 16,966,963 15,619,731
Excess MSRs        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning 354,923 255,111 369,162 271,150
Transfers:        
Transfers out of Level 3 0 0 0 0
Transfers to Level 3   0 0 0
Computershare Acquisition (Note 3)   (1,032)   (1,032)
Gain (Loss) Included in Net Income:        
Credit losses on securities 0 0 0 0
Included in servicing revenue 0 0 0 0
Other factors (690) 22,914 (1,605) 21,047
Instrument-specific credit risk 0 0 0 0
Gain (loss) on settlement of investments, net   (656)   (656)
Other income (loss), net 0 0 0 0
Gains (losses) included in OCI 0 0 0 0
Interest income 9,109 8,076 13,299 10,522
Purchases, Sales and Repayments:        
Purchases, net 0 122,887 0 122,887
Sales and settlement fundings (45) 0 (45) 0
Proceeds from repayments (17,620) (11,694) (35,134) (28,312)
Originations and other 0 0 0 0
Balance, ending 345,677 395,606 345,677 395,606
MSRs And MSR Financing Receivables        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning 10,133,041 8,706,723 10,321,671 8,405,938
Transfers:        
Transfers out of Level 3 0 0 0 0
Transfers to Level 3   0 0 0
Computershare Acquisition (Note 3)   697,494   697,494
Gain (Loss) Included in Net Income:        
Credit losses on securities 0 0 0 0
Included in servicing revenue (194,819) (76,924) (733,101) 7,251
Other factors 0 0 0 0
Instrument-specific credit risk 0 0 0 0
Gain (loss) on settlement of investments, net   0   0
Other income (loss), net 0 0 0 0
Gains (losses) included in OCI 0 0 0 0
Interest income 0 0 0 0
Purchases, Sales and Repayments:        
Purchases, net 0 0 0 0
Sales and settlement fundings 1,860 1,733 2,524 2,404
Proceeds from repayments 0 0 0 0
Originations and other 419,981 364,305 768,969 580,244
Balance, ending 10,360,063 9,693,331 10,360,063 9,693,331
Servicer Advances        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning 321,531 374,511 339,646 376,881
Transfers:        
Transfers out of Level 3 0 (7,873) 0 (7,873)
Transfers to Level 3   0 0 0
Computershare Acquisition (Note 3)   0   0
Gain (Loss) Included in Net Income:        
Credit losses on securities 0 0 0 0
Included in servicing revenue 0 0 0 0
Other factors 166 (1,727) (1,527) 6,388
Instrument-specific credit risk 0 0 0 0
Gain (loss) on settlement of investments, net   0   0
Other income (loss), net 0 0 0 0
Gains (losses) included in OCI 0 0 0 0
Interest income 5,245 5,939 10,600 13,254
Purchases, Sales and Repayments:        
Purchases, net 164,021 187,996 350,377 400,652
Sales and settlement fundings 0 0 0 0
Proceeds from repayments (177,977) (201,626) (386,110) (432,082)
Originations and other 0 0 0 0
Balance, ending 312,986 357,220 312,986 357,220
Non-Agency        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning 639,458 581,539 552,797 577,543
Transfers:        
Transfers out of Level 3 0 0 0 0
Transfers to Level 3   0 0 0
Computershare Acquisition (Note 3)   0   0
Gain (Loss) Included in Net Income:        
Credit losses on securities (705) (252) (603) (914)
Included in servicing revenue 0 0 0 0
Other factors 2,072 (2,860) 3,976 0
Instrument-specific credit risk 0 0 0 0
Gain (loss) on settlement of investments, net   0   0
Other income (loss), net 0 939 0 939
Gains (losses) included in OCI 3,210 278 7,950 1,880
Interest income 9,549 6,373 16,572 14,869
Purchases, Sales and Repayments:        
Purchases, net 113,890 0 210,826 13,900
Sales and settlement fundings 0 0 0 0
Proceeds from repayments (28,331) (37,970) (52,375) (60,170)
Originations and other 0 0 0 0
Balance, ending 739,143 548,047 739,143 548,047
CLOs And Consolidated Funds        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning 457,276 211,996 810,431 226,486
Transfers:        
Transfers out of Level 3 (372,985) 0 (785,253) 0
Transfers to Level 3   0 21,809 0
Computershare Acquisition (Note 3)   0   0
Gain (Loss) Included in Net Income:        
Credit losses on securities 0 0 0 0
Included in servicing revenue 0 0 0 0
Other factors 0 0 0 0
Instrument-specific credit risk 0 0 0 0
Gain (loss) on settlement of investments, net   0   36
Other income (loss), net (27,843) 4,646 404 4,646
Gains (losses) included in OCI 0 (4,489) 0 (5,354)
Interest income 0 0 0 0
Purchases, Sales and Repayments:        
Purchases, net 61,459 62,938 88,157 66,617
Sales and settlement fundings (30,054) 0 (47,695) 0
Proceeds from repayments 0 (13,599) 0 (30,939)
Originations and other 0 0 0 0
Balance, ending 87,853 261,492 87,853 261,492
Residential Mortgage Loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning 444,684 703,549 455,726 513,381
Transfers:        
Transfers out of Level 3 0 (142,046) (858) (142,046)
Transfers to Level 3   1,283 2,081 1,389
Computershare Acquisition (Note 3)   0   0
Gain (Loss) Included in Net Income:        
Credit losses on securities 0 0 0 0
Included in servicing revenue 0 0 0 0
Other factors 2,828 (874) 12,840 8,748
Instrument-specific credit risk (653) 19,919 (6,450) 15,893
Gain (loss) on settlement of investments, net   0   0
Other income (loss), net 322 2,524 1,760 4,348
Gains (losses) included in OCI 0 0 0 0
Interest income 0 0 0 0
Purchases, Sales and Repayments:        
Purchases, net 299 30,487 538 246,892
Sales and settlement fundings 0 (43,766) (7,216) (61,532)
Proceeds from repayments (16,117) (16,044) (32,473) (32,086)
Originations and other (1,169) (170,445) 4,246 (170,400)
Balance, ending 430,194 384,587 430,194 384,587
Consumer Loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning 554,168 1,103,799 665,565 1,274,005
Transfers:        
Transfers out of Level 3 0 0 0 0
Transfers to Level 3   0 0 0
Computershare Acquisition (Note 3)   0   0
Gain (Loss) Included in Net Income:        
Credit losses on securities 0 0 0 0
Included in servicing revenue 0 0 0 0
Other factors (2,514) (12,599) (13,323) (19,755)
Instrument-specific credit risk (4,384) (8,673) (6,388) (31,634)
Gain (loss) on settlement of investments, net   0   0
Other income (loss), net 0 0 0 0
Gains (losses) included in OCI 0 0 0 0
Interest income 777 5,826 6,700 15,978
Purchases, Sales and Repayments:        
Purchases, net 0 0 0 0
Sales and settlement fundings 5,074 5,985 11,669 10,098
Proceeds from repayments (87,890) (147,971) (198,992) (302,325)
Originations and other 0 0 0 0
Balance, ending 465,231 946,367 465,231 946,367
Other Assets        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning 748,583 504,248 700,942 549,446
Transfers:        
Transfers out of Level 3 0 0 0 0
Transfers to Level 3   0 0 0
Computershare Acquisition (Note 3)   0   0
Gain (Loss) Included in Net Income:        
Credit losses on securities 0 0 0 0
Included in servicing revenue 0 0 0 0
Other factors 19,202 (1,650) 42,736 (67)
Instrument-specific credit risk 0 0 0 0
Gain (loss) on settlement of investments, net   0   0
Other income (loss), net 9,246 (9,280) 17,816 (14,323)
Gains (losses) included in OCI 0 0 0 0
Interest income 0 (209) 119 (62)
Purchases, Sales and Repayments:        
Purchases, net 6,668 3,323 46,699 4,417
Sales and settlement fundings 0 0 0 0
Proceeds from repayments (20,149) (4,720) (44,762) (47,638)
Originations and other (2,959) (2,959) (61)
Balance, ending 760,591 491,712 760,591 491,712
Residential Transition Loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning 3,273,750 2,384,744 3,140,267 2,232,913
Transfers:        
Transfers out of Level 3 0 0 0 0
Transfers to Level 3   0 0 0
Computershare Acquisition (Note 3)   0   0
Gain (Loss) Included in Net Income:        
Credit losses on securities 0 0 0 0
Included in servicing revenue 0 0 0 0
Other factors 8,056 13,855 11,066 14,995
Instrument-specific credit risk (7,257) (3,176) (15,818) 10,557
Gain (loss) on settlement of investments, net   0   0
Other income (loss), net 0 0 0 0
Gains (losses) included in OCI 0 0 0 0
Interest income 0 0 0 0
Purchases, Sales and Repayments:        
Purchases, net 0 0 0 0
Sales and settlement fundings 0 0 0 0
Proceeds from repayments (738,568) (530,382) (1,373,884) (1,035,473)
Originations and other 929,244 676,328 1,703,594 1,318,377
Balance, ending $ 3,465,225 $ 2,541,369 $ 3,465,225 $ 2,541,369