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Fair Value of Financial Instruments - Quantitative Information about Significant Unobservable Inputs Used in Valuation of Level 3 Assets and Liabilities Measured at Fair Value (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
$ / loan
Dec. 31, 2021
USD ($)
Assets    
ABS issued | $ $ 7,424,132 $ 8,843,147
Variable Interest Entity, Primary Beneficiary | Collateralized Financing Entities | HEI    
Liabilities    
Fair value of securities owned | $ 13,000  
ABS Issued Securities    
Liabilities    
ABS issued | $ $ 3,155,300  
ABS Issued Securities | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement inputs 0.05  
ABS Issued Securities | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement inputs 0.23  
ABS Issued Securities | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.10  
ABS Issued Securities | Discount rate | Minimum    
Liabilities    
ABS issued, measurement inputs 0.04  
ABS Issued Securities | Discount rate | Maximum    
Liabilities    
ABS issued, measurement inputs 0.18  
ABS Issued Securities | Discount rate | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.07  
ABS Issued Securities | Default rate | Minimum    
Liabilities    
ABS issued, measurement inputs 0  
ABS Issued Securities | Default rate | Maximum    
Liabilities    
ABS issued, measurement inputs 0.14  
ABS Issued Securities | Default rate | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.01  
ABS Issued Securities | Loss severity | Minimum    
Liabilities    
ABS issued, measurement inputs 0.25  
ABS Issued Securities | Loss severity | Maximum    
Liabilities    
ABS issued, measurement inputs 0.50  
ABS Issued Securities | Loss severity | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.32  
CAFL    
Liabilities    
ABS issued | $ $ 2,638,183  
CAFL | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement inputs 0  
CAFL | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement inputs 0.03  
CAFL | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.002  
CAFL | Discount rate | Minimum    
Liabilities    
ABS issued, measurement inputs 0.02  
CAFL | Discount rate | Maximum    
Liabilities    
ABS issued, measurement inputs 0.23  
CAFL | Discount rate | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.07  
CAFL | Default rate | Minimum    
Liabilities    
ABS issued, measurement inputs 0.05  
CAFL | Default rate | Maximum    
Liabilities    
ABS issued, measurement inputs 0.23  
CAFL | Default rate | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.08  
CAFL | Loss severity | Minimum    
Liabilities    
ABS issued, measurement inputs 0.27  
CAFL | Loss severity | Maximum    
Liabilities    
ABS issued, measurement inputs 0.40  
CAFL | Loss severity | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.30  
Freddie Mac SLST    
Liabilities    
ABS issued | $ $ 1,137,154  
Freddie Mac SLST | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement inputs 0.06  
Freddie Mac SLST | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement inputs 0.07  
Freddie Mac SLST | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.06  
Freddie Mac SLST | Discount rate | Minimum    
Liabilities    
ABS issued, measurement inputs 0.05  
Freddie Mac SLST | Discount rate | Maximum    
Liabilities    
ABS issued, measurement inputs 0.16  
Freddie Mac SLST | Discount rate | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.06  
Freddie Mac SLST | Default rate | Minimum    
Liabilities    
ABS issued, measurement inputs 0.13  
Freddie Mac SLST | Default rate | Maximum    
Liabilities    
ABS issued, measurement inputs 0.14  
Freddie Mac SLST | Default rate | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.14  
Freddie Mac SLST | Loss severity | Minimum    
Liabilities    
ABS issued, measurement inputs 0.35  
Freddie Mac SLST | Loss severity | Maximum    
Liabilities    
ABS issued, measurement inputs 0.35  
Freddie Mac SLST | Loss severity | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.35  
Freddie Mac K-Series    
Liabilities    
ABS issued | $ $ 392,785  
Freddie Mac K-Series | Discount rate | Minimum    
Liabilities    
ABS issued, measurement inputs 0.03  
Freddie Mac K-Series | Discount rate | Maximum    
Liabilities    
ABS issued, measurement inputs 0.10  
Freddie Mac K-Series | Discount rate | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.05  
Consolidated Point Entities    
Liabilities    
ABS issued | $ $ 100,710  
Consolidated Point Entities | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement inputs 0.20  
Consolidated Point Entities | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement inputs 0.20  
Consolidated Point Entities | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.20  
Consolidated Point Entities | Discount rate | Minimum    
Liabilities    
ABS issued, measurement inputs 0.09  
Consolidated Point Entities | Discount rate | Maximum    
Liabilities    
ABS issued, measurement inputs 0.15  
Consolidated Point Entities | Discount rate | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.10  
Consolidated Point Entities | Home price appreciation | Minimum    
Liabilities    
ABS issued, measurement inputs (0.07)  
Consolidated Point Entities | Home price appreciation | Maximum    
Liabilities    
ABS issued, measurement inputs 0.04  
Consolidated Point Entities | Home price appreciation | Weighted Average    
Liabilities    
ABS issued, measurement inputs 0.03  
Jumbo fixed-rate loans    
Assets    
ABS issued | $ $ 643,845  
Jumbo fixed-rate loans | Whole loan spread to swap rate | Minimum    
Assets    
Loans held-for-sale, measurement input 0.0252  
Jumbo fixed-rate loans | Whole loan spread to swap rate | Maximum    
Assets    
Loans held-for-sale, measurement input 0.0252  
Jumbo fixed-rate loans | Whole loan spread to swap rate | Weighted Average    
Assets    
Loans held-for-sale, measurement input 0.0252  
Jumbo fixed-rate loans | CRT dollar price | Minimum    
Assets    
Loans held-for-sale, measurement input 91  
Jumbo fixed-rate loans | CRT dollar price | Maximum    
Assets    
Loans held-for-sale, measurement input 91  
Jumbo fixed-rate loans | CRT dollar price | Weighted Average    
Assets    
Loans held-for-sale, measurement input 91  
Jumbo loans committed to sell    
Assets    
Loans, held-for-investment | $ $ 136,905  
Jumbo loans committed to sell | Whole loan committed sales price | Minimum    
Assets    
Loans held-for-sale, measurement input 94  
Jumbo loans committed to sell | Whole loan committed sales price | Maximum    
Assets    
Loans held-for-sale, measurement input 101  
Jumbo loans committed to sell | Whole loan committed sales price | Weighted Average    
Assets    
Loans held-for-sale, measurement input 94  
Legacy Sequoia    
Assets    
Loans, held-for-investment | $ $ 184,932  
Sequoia    
Assets    
Loans, held-for-investment | $ 3,190,417  
Liabilities    
Fair value of securities owned | $ 219,000  
Freddie Mac SLST    
Assets    
Loans, held-for-investment | $ 1,457,058  
Liabilities    
Fair value of securities owned | $ 323,000 445,000
BPL term loans    
Assets    
Loans, held-for-investment | $ $ 358,791  
BPL term loans | Prepayment rate (annual CPR) | Minimum    
Assets    
Loans receivable, measurement input 0.03  
BPL term loans | Prepayment rate (annual CPR) | Maximum    
Assets    
Loans receivable, measurement input 0.03  
BPL term loans | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Loans receivable, measurement input 0.03  
BPL term loans | Senior credit spread | Minimum    
Assets    
Loans receivable, measurement input 0.0175  
BPL term loans | Senior credit spread | Maximum    
Assets    
Loans receivable, measurement input 0.0275  
BPL term loans | Senior credit spread | Weighted Average    
Assets    
Loans receivable, measurement input 0.0225  
BPL term loans | Subordinate credit spread | Minimum    
Assets    
Loans receivable, measurement input 0.0225  
BPL term loans | Subordinate credit spread | Maximum    
Assets    
Loans receivable, measurement input 0.0962  
BPL term loans | Subordinate credit spread | Weighted Average    
Assets    
Loans receivable, measurement input 0.0431  
BPL term loans | Senior credit support | Minimum    
Assets    
Loans receivable, measurement input 0.36  
BPL term loans | Senior credit support | Maximum    
Assets    
Loans receivable, measurement input 0.36  
BPL term loans | Senior credit support | Weighted Average    
Assets    
Loans receivable, measurement input 0.36  
BPL term loans | IO discount rate | Minimum    
Assets    
Loans receivable, measurement input 0.09  
BPL term loans | IO discount rate | Maximum    
Assets    
Loans receivable, measurement input 0.10  
BPL term loans | IO discount rate | Weighted Average    
Assets    
Loans receivable, measurement input 0.08  
BPL term loans | Whole loan spread | Minimum    
Assets    
Loans receivable, measurement input 0.0275  
BPL term loans | Whole loan spread | Maximum    
Assets    
Loans receivable, measurement input 0.0550  
BPL term loans | Whole loan spread | Weighted Average    
Assets    
Loans receivable, measurement input 0.0361  
CAFL    
Assets    
Loans, held-for-investment | $ $ 2,944,984  
Liabilities    
Fair value of securities owned | $ 304,000 $ 302,000
Residential Bridge, Held-for-investment at fair value    
Assets    
Loans, held-for-investment | $ $ 2,028,811  
Residential Bridge, Held-for-investment at fair value | Prepayment rate (annual CPR) | Minimum    
Assets    
Loans held-for-investment, measurement input 0  
Residential Bridge, Held-for-investment at fair value | Prepayment rate (annual CPR) | Maximum    
Assets    
Loans held-for-investment, measurement input 0  
Residential Bridge, Held-for-investment at fair value | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0  
Residential Bridge, Held-for-investment at fair value | Senior credit spread | Minimum    
Assets    
Loans held-for-investment, measurement input 0.0310  
Residential Bridge, Held-for-investment at fair value | Senior credit spread | Maximum    
Assets    
Loans held-for-investment, measurement input 0.0310  
Residential Bridge, Held-for-investment at fair value | Senior credit spread | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.0310  
Residential Bridge, Held-for-investment at fair value | Subordinate credit spread | Minimum    
Assets    
Loans held-for-investment, measurement input 0.0360  
Residential Bridge, Held-for-investment at fair value | Subordinate credit spread | Maximum    
Assets    
Loans held-for-investment, measurement input 0.1150  
Residential Bridge, Held-for-investment at fair value | Subordinate credit spread | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.0665  
Residential Bridge, Held-for-investment at fair value | Senior credit support | Minimum    
Assets    
Loans held-for-investment, measurement input 0.43  
Residential Bridge, Held-for-investment at fair value | Senior credit support | Maximum    
Assets    
Loans held-for-investment, measurement input 0.43  
Residential Bridge, Held-for-investment at fair value | Senior credit support | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.43  
Residential Bridge, Held-for-investment at fair value | Discount rate | Minimum    
Assets    
Loans held-for-investment, measurement input 0.05  
Residential Bridge, Held-for-investment at fair value | Discount rate | Maximum    
Assets    
Loans held-for-investment, measurement input 0.15  
Residential Bridge, Held-for-investment at fair value | Discount rate | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.10  
Freddie Mac K-Series    
Assets    
Loans, held-for-investment | $ $ 424,551  
Liabilities    
Fair value of securities owned | $ 32,000  
Trading and AFS securities    
Assets    
Trading and AFS securities | $ $ 240,475  
Trading and AFS securities | Prepayment rate (annual CPR) | Minimum    
Assets    
Trading and AFS securities, measurement inputs 0.05  
Trading and AFS securities | Prepayment rate (annual CPR) | Maximum    
Assets    
Trading and AFS securities, measurement inputs 0.65  
Trading and AFS securities | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Trading and AFS securities, measurement inputs 0.10  
Trading and AFS securities | CRT dollar price | Minimum    
Assets    
Trading and AFS securities, measurement inputs 72  
Trading and AFS securities | CRT dollar price | Maximum    
Assets    
Trading and AFS securities, measurement inputs 93  
Trading and AFS securities | CRT dollar price | Weighted Average    
Assets    
Trading and AFS securities, measurement inputs 84  
Trading and AFS securities | Discount rate | Minimum    
Assets    
Trading and AFS securities, measurement inputs 0.06  
Trading and AFS securities | Discount rate | Maximum    
Assets    
Trading and AFS securities, measurement inputs 0.18  
Trading and AFS securities | Discount rate | Weighted Average    
Assets    
Trading and AFS securities, measurement inputs 0.10  
Trading and AFS securities | Default rate | Minimum    
Assets    
Trading and AFS securities, measurement inputs 0  
Trading and AFS securities | Default rate | Maximum    
Assets    
Trading and AFS securities, measurement inputs 0.14  
Trading and AFS securities | Default rate | Weighted Average    
Assets    
Trading and AFS securities, measurement inputs 0.005  
Trading and AFS securities | Loss severity | Minimum    
Assets    
Trading and AFS securities, measurement inputs 0  
Trading and AFS securities | Loss severity | Maximum    
Assets    
Trading and AFS securities, measurement inputs 0.50  
Trading and AFS securities | Loss severity | Weighted Average    
Assets    
Trading and AFS securities, measurement inputs 0.26  
Servicer advance investments    
Assets    
Servicing asset | $ $ 269,259  
Servicer advance investments | Minimum    
Assets    
Expected remaining life 5 years  
Servicer advance investments | Maximum    
Assets    
Expected remaining life 5 years  
Servicer advance investments | Weighted Average    
Assets    
Expected remaining life 5 years  
Servicer advance investments | Prepayment rate (annual CPR) | Minimum    
Assets    
Servicing assets, measurement inputs 0.14  
Servicer advance investments | Prepayment rate (annual CPR) | Maximum    
Assets    
Servicing assets, measurement inputs 0.30  
Servicer advance investments | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Servicing assets, measurement inputs 0.14  
Servicer advance investments | Discount rate | Minimum    
Assets    
Servicing assets, measurement inputs 0.02  
Servicer advance investments | Discount rate | Maximum    
Assets    
Servicing assets, measurement inputs 0.05  
Servicer advance investments | Discount rate | Weighted Average    
Assets    
Servicing assets, measurement inputs 0.03  
Servicer advance investments | Mortgage servicing income | Minimum    
Assets    
Loan purchase commitments, net, measurement inputs 0  
Servicer advance investments | Mortgage servicing income | Maximum    
Assets    
Loan purchase commitments, net, measurement inputs 0.0018  
Servicer advance investments | Mortgage servicing income | Weighted Average    
Assets    
Loan purchase commitments, net, measurement inputs 0.0005  
MSRs    
Assets    
Servicing asset | $ $ 25,421  
MSRs | Prepayment rate (annual CPR) | Minimum    
Assets    
Servicing assets, measurement inputs 0.04  
MSRs | Prepayment rate (annual CPR) | Maximum    
Assets    
Servicing assets, measurement inputs 0.28  
MSRs | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Servicing assets, measurement inputs 0.08  
MSRs | Discount rate | Minimum    
Assets    
Servicing assets, measurement inputs 0.11  
MSRs | Discount rate | Maximum    
Assets    
Servicing assets, measurement inputs 0.22  
MSRs | Discount rate | Weighted Average    
Assets    
Servicing assets, measurement inputs 0.11  
MSRs | Per loan annual cost to service | Minimum    
Assets    
Servicing assets, measurement inputs 93  
MSRs | Per loan annual cost to service | Maximum    
Assets    
Servicing assets, measurement inputs 93  
MSRs | Per loan annual cost to service | Weighted Average    
Assets    
Servicing assets, measurement inputs 93  
Excess MSRs    
Assets    
Servicing asset | $ $ 39,035  
Excess MSRs | Prepayment rate (annual CPR) | Minimum    
Assets    
Servicing assets, measurement inputs 0.10  
Excess MSRs | Prepayment rate (annual CPR) | Maximum    
Assets    
Servicing assets, measurement inputs 1  
Excess MSRs | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Servicing assets, measurement inputs 0.18  
Excess MSRs | Discount rate | Minimum    
Assets    
Servicing assets, measurement inputs 0.13  
Excess MSRs | Discount rate | Maximum    
Assets    
Servicing assets, measurement inputs 0.19  
Excess MSRs | Discount rate | Weighted Average    
Assets    
Servicing assets, measurement inputs 0.18  
Excess MSRs | Excess mortgage servicing amount | Minimum    
Assets    
Servicing assets, measurement inputs 0.0008  
Excess MSRs | Excess mortgage servicing amount | Maximum    
Assets    
Servicing assets, measurement inputs 0.0019  
Excess MSRs | Excess mortgage servicing amount | Weighted Average    
Assets    
Servicing assets, measurement inputs 0.0011  
HEIs    
Assets    
Home appreciation options, fair value disclosure | $ $ 270,835  
HEIs | Prepayment rate (annual CPR) | Minimum    
Assets    
Shared home appreciation options, measurement inputs 0.01  
HEIs | Prepayment rate (annual CPR) | Maximum    
Assets    
Shared home appreciation options, measurement inputs 0.23  
HEIs | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Shared home appreciation options, measurement inputs 0.16  
HEIs | Discount rate | Minimum    
Assets    
Shared home appreciation options, measurement inputs 0.10  
HEIs | Discount rate | Maximum    
Assets    
Shared home appreciation options, measurement inputs 0.10  
HEIs | Discount rate | Weighted Average    
Assets    
Shared home appreciation options, measurement inputs 0.10  
HEIs | Home price appreciation | Minimum    
Assets    
Shared home appreciation options, measurement inputs (0.07)  
HEIs | Home price appreciation | Maximum    
Assets    
Shared home appreciation options, measurement inputs 0.04  
HEIs | Home price appreciation | Weighted Average    
Assets    
Shared home appreciation options, measurement inputs 0.03  
Point Options Held By Point    
Assets    
Home appreciation options, fair value disclosure | $ $ 132,627  
Loan purchase and interest rate lock commitments    
Assets    
Loan purchase commitments, net | $ $ 322  
Loan purchase and interest rate lock commitments | Whole loan spread to swap rate | Minimum    
Assets    
Loan purchase commitments, net, measurement inputs 0.0252  
Loan purchase and interest rate lock commitments | Whole loan spread to swap rate | Maximum    
Assets    
Loan purchase commitments, net, measurement inputs 0.0252  
Loan purchase and interest rate lock commitments | Whole loan spread to swap rate | Weighted Average    
Assets    
Loan purchase commitments, net, measurement inputs 0.0252  
Loan purchase and interest rate lock commitments | Pull-through rate | Minimum    
Assets    
Loan purchase commitments, net, measurement inputs 0.48  
Loan purchase and interest rate lock commitments | Pull-through rate | Maximum    
Assets    
Loan purchase commitments, net, measurement inputs 1  
Loan purchase and interest rate lock commitments | Pull-through rate | Weighted Average    
Assets    
Loan purchase commitments, net, measurement inputs 0.94  
Loan purchase and interest rate lock commitments | Committed sales price | Minimum    
Assets    
Loan purchase commitments, measurement input 101  
Loan purchase and interest rate lock commitments | Committed sales price | Maximum    
Assets    
Loan purchase commitments, measurement input 101  
Loan purchase and interest rate lock commitments | Committed sales price | Weighted Average    
Assets    
Loan purchase commitments, measurement input 101