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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)
3 Months Ended
Mar. 31, 2023
USD ($)
$ / loan
Dec. 31, 2022
USD ($)
Assets    
ABS issued, net, At fair value | $ $ 7,968,135,000 $ 7,424,132,000
Variable Interest Entity, Primary Beneficiary | Collateralized Financing Entities | HEI    
Liabilities    
Fair value of securities owned | $ 13,000,000  
ABS Issued    
Liabilities    
ABS issued | $ $ 3,739,429,000  
ABS Issued | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0.04  
ABS Issued | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.18  
ABS Issued | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.06  
ABS Issued | Default rate | Minimum    
Liabilities    
ABS issued, measurement input 0  
ABS Issued | Default rate | Maximum    
Liabilities    
ABS issued, measurement input 0.13  
ABS Issued | Default rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.01  
ABS Issued | Loss severity | Minimum    
Liabilities    
ABS issued, measurement input 0.25  
ABS Issued | Loss severity | Maximum    
Liabilities    
ABS issued, measurement input 0.50  
ABS Issued | Loss severity | Weighted Average    
Liabilities    
ABS issued, measurement input 0.29  
ABS Issued | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement input 0.05  
ABS Issued | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement input 0.59  
ABS Issued | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement input 0.08  
CAFL    
Liabilities    
ABS issued | $ $ 2,593,192,000  
CAFL | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0  
CAFL | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.17  
CAFL | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.06  
CAFL | Default rate | Minimum    
Liabilities    
ABS issued, measurement input 0.05  
CAFL | Default rate | Maximum    
Liabilities    
ABS issued, measurement input 0.16  
CAFL | Default rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.08  
CAFL | Loss severity | Minimum    
Liabilities    
ABS issued, measurement input 0.30  
CAFL | Loss severity | Maximum    
Liabilities    
ABS issued, measurement input 0.40  
CAFL | Loss severity | Weighted Average    
Liabilities    
ABS issued, measurement input 0.31  
CAFL | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement input 0  
CAFL | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement input 0.03  
CAFL | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement input 0.001  
Freddie Mac SLST    
Liabilities    
ABS issued | $ $ 1,143,522,000  
Freddie Mac SLST | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0.05  
Freddie Mac SLST | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.16  
Freddie Mac SLST | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.05  
Freddie Mac SLST | Default rate | Minimum    
Liabilities    
ABS issued, measurement input 0.13  
Freddie Mac SLST | Default rate | Maximum    
Liabilities    
ABS issued, measurement input 0.14  
Freddie Mac SLST | Default rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.14  
Freddie Mac SLST | Loss severity | Minimum    
Liabilities    
ABS issued, measurement input 0.35  
Freddie Mac SLST | Loss severity | Maximum    
Liabilities    
ABS issued, measurement input 0.35  
Freddie Mac SLST | Loss severity | Weighted Average    
Liabilities    
ABS issued, measurement input 0.35  
Freddie Mac SLST | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement input 0.06  
Freddie Mac SLST | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement input 0.07  
Freddie Mac SLST | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement input 0.06  
Freddie Mac K-Series    
Liabilities    
ABS issued | $ $ 394,469,000  
Freddie Mac K-Series | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0.03  
Freddie Mac K-Series | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.10  
Freddie Mac K-Series | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.05  
Consolidated Point Entities    
Liabilities    
ABS issued | $ $ 97,523,000  
Consolidated Point Entities | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0.10  
Consolidated Point Entities | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.14  
Consolidated Point Entities | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.10  
Consolidated Point Entities | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement input 0.20  
Consolidated Point Entities | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement input 0.20  
Consolidated Point Entities | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement input 0.20  
Consolidated Point Entities | Home price appreciation (depreciation) | Minimum    
Liabilities    
ABS issued, measurement input (0.07)  
Consolidated Point Entities | Home price appreciation (depreciation) | Maximum    
Liabilities    
ABS issued, measurement input 0.04  
Consolidated Point Entities | Home price appreciation (depreciation) | Weighted Average    
Liabilities    
ABS issued, measurement input 0.03  
Jumbo fixed-rate loans    
Assets    
ABS issued, net, At fair value | $ $ 26,975,000  
Jumbo fixed-rate loans | Whole loan spread to swap rate | Minimum    
Assets    
Loans held-for-sale, measurement input 0.0112  
Jumbo fixed-rate loans | Whole loan spread to swap rate | Maximum    
Assets    
Loans held-for-sale, measurement input 0.0112  
Jumbo fixed-rate loans | Whole loan spread to swap rate | Weighted Average    
Assets    
Loans held-for-sale, measurement input 0.0112  
Jumbo fixed-rate loans | Seasoned whole loan dollar price | Minimum    
Assets    
Loans held-for-sale, measurement input 91  
Jumbo fixed-rate loans | Seasoned whole loan dollar price | Maximum    
Assets    
Loans held-for-sale, measurement input 91  
Jumbo fixed-rate loans | Seasoned whole loan dollar price | Weighted Average    
Assets    
Loans held-for-sale, measurement input 91  
Legacy Sequoia    
Assets    
Loans receivable, fair value | $ $ 170,000,000  
Sequoia    
Assets    
Loans receivable, fair value | $ 3,831,538,000  
Liabilities    
Fair value of securities owned | $ 261,000,000  
Freddie Mac SLST    
Assets    
Loans receivable, fair value | $ 1,464,345,000  
Liabilities    
Fair value of securities owned | $ 323,000,000 323,000,000
BPL term loans    
Assets    
Loans receivable, fair value | $ $ 354,166,000  
BPL term loans | Senior credit spread | Minimum    
Assets    
Loans receivable, measurement input 0.0180  
BPL term loans | Senior credit spread | Maximum    
Assets    
Loans receivable, measurement input 0.0180  
BPL term loans | Senior credit spread | Weighted Average    
Assets    
Loans receivable, measurement input 0.0180  
BPL term loans | Subordinate credit spread | Minimum    
Assets    
Loans receivable, measurement input 0.0240  
BPL term loans | Subordinate credit spread | Maximum    
Assets    
Loans receivable, measurement input 0.0600  
BPL term loans | Subordinate credit spread | Weighted Average    
Assets    
Loans receivable, measurement input 0.0337  
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 0.07  
BPL term loans | IO discount rate | Maximum    
Assets    
Loans receivable, measurement input 0.13  
BPL term loans | IO discount rate | Weighted Average    
Assets    
Loans receivable, measurement input 0.10  
BPL term loans | Whole loan spread to treasury rate | Minimum    
Assets    
Loans receivable, measurement input 0.0325  
BPL term loans | Whole loan spread to treasury rate | Maximum    
Assets    
Loans receivable, measurement input 0.0550  
BPL term loans | Whole loan spread to treasury rate | Weighted Average    
Assets    
Loans receivable, measurement input 0.0441  
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  
CAFL    
Assets    
Loans receivable, fair value | $ $ 2,891,043,000  
Liabilities    
Fair value of securities owned | $ 295,000,000 $ 304,000,000
BPL bridge loans    
Assets    
Loans receivable, fair value | $ $ 2,119,440  
BPL bridge loans | Senior credit spread | Minimum    
Assets    
Loans held-for-investment, measurement input 0.0280  
BPL bridge loans | Senior credit spread | Maximum    
Assets    
Loans held-for-investment, measurement input 0.0280  
BPL bridge loans | Senior credit spread | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.0280  
BPL bridge loans | Subordinate credit spread | Minimum    
Assets    
Loans held-for-investment, measurement input 0.0335  
BPL bridge loans | Subordinate credit spread | Maximum    
Assets    
Loans held-for-investment, measurement input 0.1150  
BPL bridge loans | Subordinate credit spread | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.0654  
BPL bridge loans | Senior credit support | Minimum    
Assets    
Loans held-for-investment, measurement input 0.43  
BPL bridge loans | Senior credit support | Maximum    
Assets    
Loans held-for-investment, measurement input 0.43  
BPL bridge loans | Senior credit support | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.43  
BPL bridge loans | Whole loan discount rate | Minimum    
Assets    
Loans held-for-investment, measurement input 0.05  
BPL bridge loans | Whole loan discount rate | Maximum    
Assets    
Loans held-for-investment, measurement input 0.15  
BPL bridge loans | Whole loan discount rate | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.10  
Freddie Mac K-Series    
Assets    
Loans receivable, fair value | $ $ 426,599,000  
Liabilities    
Fair value of securities owned | $ 32,000,000  
Trading and AFS securities    
Assets    
Trading and AFS securities | $ $ 243,346,000  
Trading and AFS securities | CRT dollar price | Minimum    
Assets    
Trading and AFS securities 64  
Trading and AFS securities | CRT dollar price | Maximum    
Assets    
Trading and AFS securities 96  
Trading and AFS securities | CRT dollar price | Weighted Average    
Assets    
Trading and AFS securities 87  
Trading and AFS securities | Whole loan discount rate | Minimum    
Assets    
Trading and AFS securities 0.05  
Trading and AFS securities | Whole loan discount rate | Maximum    
Assets    
Trading and AFS securities 0.18  
Trading and AFS securities | Whole loan discount rate | Weighted Average    
Assets    
Trading and AFS securities 0.10  
Trading and AFS securities | Default rate | Minimum    
Assets    
Trading and AFS securities 0  
Trading and AFS securities | Default rate | Maximum    
Assets    
Trading and AFS securities 0.12  
Trading and AFS securities | Default rate | Weighted Average    
Assets    
Trading and AFS securities 0.005  
Trading and AFS securities | Loss severity | Minimum    
Assets    
Trading and AFS securities 0  
Trading and AFS securities | Loss severity | Maximum    
Assets    
Trading and AFS securities 0.50  
Trading and AFS securities | Loss severity | Weighted Average    
Assets    
Trading and AFS securities 0.25  
Trading and AFS securities | Prepayment rate (annual CPR) | Minimum    
Assets    
Trading and AFS securities 0.05  
Trading and AFS securities | Prepayment rate (annual CPR) | Maximum    
Assets    
Trading and AFS securities 0.65  
Trading and AFS securities | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Trading and AFS securities 0.09  
HEIs    
Assets    
HEIs | $ $ 287,466,000  
HEIs | Whole loan discount rate | Minimum    
Assets    
HEIs, Measurement input 0.10  
HEIs | Whole loan discount rate | Maximum    
Assets    
HEIs, Measurement input 0.10  
HEIs | Whole loan discount rate | Weighted Average    
Assets    
HEIs, Measurement input 0.10  
HEIs | Prepayment rate (annual CPR) | Minimum    
Assets    
HEIs, Measurement input 0.01  
HEIs | Prepayment rate (annual CPR) | Maximum    
Assets    
HEIs, Measurement input 0.23  
HEIs | Prepayment rate (annual CPR) | Weighted Average    
Assets    
HEIs, Measurement input 0.16  
HEIs | Home price appreciation (depreciation) | Minimum    
Assets    
HEIs, Measurement input (0.07)  
HEIs | Home price appreciation (depreciation) | Maximum    
Assets    
HEIs, Measurement input 0.04  
HEIs | Home price appreciation (depreciation) | Weighted Average    
Assets    
HEIs, Measurement input 0.03  
HEIs held by Point HEI entity    
Assets    
HEIs | $ $ 129,317,000  
Servicer Advance Investments    
Assets    
Servicing asset | $ $ 260,378,000  
Servicer Advance Investments | Minimum    
Assets    
Expected remaining life 5 years  
Servicer Advance Investments | Maximum    
Assets    
Expected remaining life 6 years  
Servicer Advance Investments | Weighted Average    
Assets    
Expected remaining life 5 years  
Servicer Advance Investments | Whole loan discount rate | Minimum    
Assets    
Servicing asset, measurement input 0.02  
Servicer Advance Investments | Whole loan discount rate | Maximum    
Assets    
Servicing asset, measurement input 0.04  
Servicer Advance Investments | Whole loan discount rate | Weighted Average    
Assets    
Servicing asset, measurement input 0.03  
Servicer Advance Investments | Mortgage servicing income | Minimum    
Assets    
Servicing asset, measurement input 0  
Servicer Advance Investments | Mortgage servicing income | Maximum    
Assets    
Servicing asset, measurement input 0.0018  
Servicer Advance Investments | Mortgage servicing income | Weighted Average    
Assets    
Servicing asset, measurement input 0.0003  
Servicer Advance Investments | Prepayment rate (annual CPR) | Minimum    
Assets    
Servicing asset, measurement input 0.14  
Servicer Advance Investments | Prepayment rate (annual CPR) | Maximum    
Assets    
Servicing asset, measurement input 0.30  
Servicer Advance Investments | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Servicing asset, measurement input 0.14  
MSRs    
Assets    
Servicing asset | $ $ 24,831,000  
MSRs | Whole loan discount rate | Minimum    
Assets    
Servicing asset, measurement input 0.11  
MSRs | Whole loan discount rate | Maximum    
Assets    
Servicing asset, measurement input 0.53  
MSRs | Whole loan discount rate | Weighted Average    
Assets    
Servicing asset, measurement input 0.11  
MSRs | Per loan annual cost to service | Minimum    
Assets    
Servicing asset, measurement input 93  
MSRs | Per loan annual cost to service | Maximum    
Assets    
Servicing asset, measurement input 93  
MSRs | Per loan annual cost to service | Weighted Average    
Assets    
Servicing asset, measurement input 93  
MSRs | Prepayment rate (annual CPR) | Minimum    
Assets    
Servicing asset, measurement input 0.04  
MSRs | Prepayment rate (annual CPR) | Maximum    
Assets    
Servicing asset, measurement input 0.27  
MSRs | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Servicing asset, measurement input 0.08  
Excess MSRs    
Assets    
Servicing asset | $ $ 38,807,000  
Excess MSRs | Whole loan discount rate | Minimum    
Assets    
Servicing asset, measurement input 0.13  
Excess MSRs | Whole loan discount rate | Maximum    
Assets    
Servicing asset, measurement input 0.19  
Excess MSRs | Whole loan discount rate | Weighted Average    
Assets    
Servicing asset, measurement input 0.18  
Excess MSRs | Excess mortgage servicing amount | Minimum    
Assets    
Servicing asset, measurement input 0.0008  
Excess MSRs | Excess mortgage servicing amount | Maximum    
Assets    
Servicing asset, measurement input 0.0019  
Excess MSRs | Excess mortgage servicing amount | Weighted Average    
Assets    
Servicing asset, measurement input 0.0011  
Excess MSRs | Prepayment rate (annual CPR) | Minimum    
Assets    
Servicing asset, measurement input 0.10  
Excess MSRs | Prepayment rate (annual CPR) | Maximum    
Assets    
Servicing asset, measurement input 1  
Excess MSRs | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Servicing asset, measurement input 0.17  
Residential loan purchase commitments    
Liabilities    
Loan purchase commitments, net | $ $ 359,000  
Residential loan purchase commitments | Whole loan spread to swap rate | Minimum    
Assets    
Loans receivable, measurement input 0.0112  
Residential loan purchase commitments | Whole loan spread to swap rate | Maximum    
Assets    
Loans receivable, measurement input 0.0137  
Residential loan purchase commitments | Whole loan spread to swap rate | Weighted Average    
Assets    
Loans receivable, measurement input 0.0125  
Residential loan purchase commitments | Pull-through rate | Minimum    
Assets    
Loans receivable, measurement input 0.36  
Residential loan purchase commitments | Pull-through rate | Maximum    
Assets    
Loans receivable, measurement input 1  
Residential loan purchase commitments | Pull-through rate | Weighted Average    
Assets    
Loans receivable, measurement input 0.69  
Residential loan purchase commitments | Committed sales price | Minimum    
Assets    
Loans receivable, measurement input 99  
Residential loan purchase commitments | Committed sales price | Maximum    
Assets    
Loans receivable, measurement input 103  
Residential loan purchase commitments | Committed sales price | Weighted Average    
Assets    
Loans receivable, measurement input 101