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Segment Information - Financial Information by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Segment Reporting Information [Line Items]        
Interest income   $ 707,854 $ 574,926 $ 571,916
Interest expense   (552,400) (426,749) (448,005)
Net Interest Income   155,454 148,177 123,911
Non-interest (loss) income        
Mortgage banking activities, net   (13,659) 235,744 78,472
Investment fair value changes, net   (175,558) 128,049 (588,438)
Other income, net   21,204 12,018 4,188
Realized gains, net   5,334 17,993 30,424
Total non-interest (loss) income, net   (162,679) 393,804 (475,354)
General and administrative expenses   (140,908) (165,218) (113,498)
Portfolio management costs   (7,951) (5,758) (4,204)
Loan acquisition costs   (11,766) (16,219) (8,525)
Other expense       (108,785)
Other expenses   (15,590) (16,695) (108,785)
Benefit from (provision for) income taxes   19,920 (18,478) 4,608
Net (Loss) Income   (163,520) 319,613 (581,847)
Non-cash amortization (expense) income, net   (21,928) (45,193) (25,324)
Other significant non-cash expense: goodwill impairment $ (89,000) 0 0 (88,675)
Operating Segments | Residential Mortgage Banking        
Segment Reporting Information [Line Items]        
Interest income   45,202 48,953 17,839
Interest expense   (32,735) (26,963) (11,978)
Net Interest Income   12,467 21,990 5,861
Non-interest (loss) income        
Mortgage banking activities, net   (21,282) 127,151 3,721
Investment fair value changes, net   0 0 0
Other income, net   0 0 0
Realized gains, net   0 0 0
Total non-interest (loss) income, net   (21,282) 127,151 3,721
General and administrative expenses   (22,566) (33,574) (16,318)
Portfolio management costs   0 0 (50)
Loan acquisition costs   (3,085) (7,480) (2,656)
Other expense       (4,114)
Other expenses   74 104  
Benefit from (provision for) income taxes   12,814 (25,777) 4,567
Net (Loss) Income   (21,578) 82,414 (8,989)
Non-cash amortization (expense) income, net   (1,075) (82) (662)
Other significant non-cash expense: goodwill impairment       0
Operating Segments | Business Purpose Mortgage Banking        
Segment Reporting Information [Line Items]        
Interest income   28,674 14,054 19,200
Interest expense   (18,041) (7,230) (13,145)
Net Interest Income   10,633 6,824 6,055
Non-interest (loss) income        
Mortgage banking activities, net   7,623 108,593 74,622
Investment fair value changes, net   0 0 (101)
Other income, net   3,509 1,046 3,228
Realized gains, net   0 0 0
Total non-interest (loss) income, net   11,132 109,639 77,749
General and administrative expenses   (56,557) (46,586) (37,461)
Portfolio management costs   0 0 0
Loan acquisition costs   (8,681) (8,100) (5,859)
Other expense       (104,147)
Other expenses   (13,969) (15,127)  
Benefit from (provision for) income taxes   13,157 (8,122) (4,063)
Net (Loss) Income   (44,285) 38,528 (67,726)
Non-cash amortization (expense) income, net   (15,071) (16,452) (18,426)
Other significant non-cash expense: goodwill impairment       (88,675)
Operating Segments | Investment Portfolio        
Segment Reporting Information [Line Items]        
Interest income   627,134 507,173 525,741
Interest expense   (445,154) (351,635) (375,262)
Net Interest Income   181,980 155,538 150,479
Non-interest (loss) income        
Mortgage banking activities, net   0 0 129
Investment fair value changes, net   (191,148) 129,614 (586,333)
Other income, net   18,596 10,021 (1,725)
Realized gains, net   3,174 17,993 5,242
Total non-interest (loss) income, net   (169,378) 157,628 (582,687)
General and administrative expenses   (6,036) (7,992) (6,819)
Portfolio management costs   (7,951) (5,758) (4,154)
Loan acquisition costs   0 (635) 0
Other expense       194
Other expenses   (1,695) (1,689)  
Benefit from (provision for) income taxes   (6,051) (3,862) 4,104
Net (Loss) Income   (9,131) 293,230 (438,883)
Non-cash amortization (expense) income, net   2,507 (20,781) (1,282)
Other significant non-cash expense: goodwill impairment       0
Corporate/ Other        
Segment Reporting Information [Line Items]        
Interest income   6,844 4,746 9,136
Interest expense   (56,470) (40,921) (47,620)
Net Interest Income   (49,626) (36,175) (38,484)
Non-interest (loss) income        
Mortgage banking activities, net   0 0 0
Investment fair value changes, net   15,590 (1,565) (2,004)
Other income, net   (901) 951 2,685
Realized gains, net   2,160 0 25,182
Total non-interest (loss) income, net   16,849 (614) 25,863
General and administrative expenses   (55,749) (77,066) (52,900)
Portfolio management costs   0 0 0
Loan acquisition costs   0 (4) (10)
Other expense       (718)
Other expenses   0 17 (718)
Benefit from (provision for) income taxes   0 19,283 0
Net (Loss) Income   (88,526) (94,559) (66,249)
Non-cash amortization (expense) income, net   $ (8,289) $ (7,878) (4,954)
Other significant non-cash expense: goodwill impairment       $ 0