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Fair Value of Financial Instruments - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2020
USD ($)
Contingent Consideration  
Liabilities  
Beginning balance - December 31, 2019 $ 28,484
Acquisitions 0
Principal paydowns (13,353)
Deconsolidations 0
Gains (losses) in net income, net (312)
Other settlements, net 0
Ending balance - March 31, 2020 14,819
ABS Issued  
Liabilities  
Beginning balance - December 31, 2019 10,515,475
Acquisitions 377,164
Principal paydowns (363,696)
Deconsolidations (3,706,789)
Gains (losses) in net income, net (360,290)
Other settlements, net 0
Ending balance - March 31, 2020 6,461,864
Residential Loans  
Assets  
Beginning balance - December 31, 2019 7,714,745
Acquisitions 2,695,846
Originations 0
Sales (2,729,161)
Principal paydowns (490,439)
Deconsolidations 0
Gains (losses) in net income, net (478,743)
Other settlements, net (1,223)
Ending balance - March 31, 2020 6,711,025
Business purpose residential loans  
Assets  
Beginning balance - December 31, 2019 3,506,743
Acquisitions 0
Originations 486,710
Sales (42,802)
Principal paydowns (161,896)
Deconsolidations 0
Gains (losses) in net income, net (320,528)
Other settlements, net (4,485)
Ending balance - March 31, 2020 3,463,742
Multifamily loans  
Assets  
Beginning balance - December 31, 2019 4,408,524
Acquisitions 0
Originations 0
Sales 0
Principal paydowns (5,830)
Deconsolidations (3,849,779)
Gains (losses) in net income, net (82,431)
Other settlements, net 0
Ending balance - March 31, 2020 470,484
Trading securities  
Assets  
Beginning balance - December 31, 2019 860,540
Acquisitions 67,639
Originations 0
Sales (493,126)
Principal paydowns (7,507)
Deconsolidations 0
Gains (losses) in net income, net (263,327)
Other settlements, net 0
Ending balance - March 31, 2020 164,219
AFS Securities  
Assets  
Beginning balance - December 31, 2019 239,334
Acquisitions 31,181
Originations 0
Sales (46,457)
Principal paydowns (4,445)
Deconsolidations 0
Gains (losses) in net income, net (90,370)
Other settlements, net 0
Ending balance - March 31, 2020 129,243
Servicer Advance Investments  
Assets  
Beginning balance - December 31, 2019 169,204
Acquisitions 158,618
Originations 0
Sales 0
Principal paydowns (22,815)
Deconsolidations 0
Gains (losses) in net income, net (6,061)
Other settlements, net 0
Ending balance - March 31, 2020 298,946
MSRs  
Assets  
Beginning balance - December 31, 2019 42,224
Acquisitions 0
Originations 0
Sales 0
Principal paydowns 0
Deconsolidations 0
Gains (losses) in net income, net (18,608)
Other settlements, net 0
Ending balance - March 31, 2020 23,616
Excess MSRs  
Assets  
Beginning balance - December 31, 2019 31,814
Acquisitions 9,468
Originations 0
Sales 0
Principal paydowns 0
Deconsolidations 0
Gains (losses) in net income, net (9,494)
Other settlements, net 0
Ending balance - March 31, 2020 31,788
Shared Home Appreciation Options  
Assets  
Beginning balance - December 31, 2019 45,085
Acquisitions 3,517
Originations 0
Sales 0
Principal paydowns (406)
Deconsolidations 0
Gains (losses) in net income, net (7,554)
Other settlements, net 0
Ending balance - March 31, 2020 40,642
Shared Home Appreciation Options  
Assets  
Beginning balance - December 31, 2019 1,686
Acquisitions 0
Principal paydowns 0
Deconsolidations 0
Gains (losses) in net income, net (781)
Other settlements, net 0
Ending balance - March 31, 2020 905
Derivatives  
Assets  
Beginning balance - December 31, 2019 8,860
Acquisitions 0
Principal paydowns 0
Deconsolidations 0
Gains (losses) in net income, net 18,005
Other settlements, net (30,831)
Ending balance - March 31, 2020 $ (3,966)