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Residential Mortgage Loans - Derivative Instruments Related to Mortgage Loan Activity (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Forward mortgage loan purchase commitments    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Notional [1] $ 366,176 $ 51,732
Derivative Assets 1,400 65
Derivative Liabilities 0 0
Forward RMBS purchase contracts | Designated as Hedging Instrument    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Notional [1],[2] 318,000 394,000
Derivative Assets [2] 856 2,492
Derivative Liabilities [2] 108 40
Interest rate swap futures contracts | Designated as Hedging Instrument    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Notional [1],[2] 57,000 58,500
Derivative Assets [2] 1,286 1,717
Derivative Liabilities [2] $ 0 $ 0
[1] Notional amounts provide an indication of the volume of the Company’s derivative capacity. For our hedging instruments, the notional amount is the face amount of our contracts and does not represent our exposure to credit loss and therefore is not reflected on our condensed consolidated balance sheets.
[2] All of the derivatives used for hedging purposes are interest rate derivatives subject to master netting agreements and are considered economic hedges.