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Residential Investor Loans - Narrative (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
securitization_entity
Jun. 30, 2024
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Real estate owned, variable rate (as a percent)       43.00%  
Real estate owned, fixed rate (as a percent)       0.57  
Principal payments on real estate securities       $ 537 $ 669
Mortgage banking activities, net $ 40,857   $ 18,924 73,910 33,480
Fee income, net 2,209   1,663 $ 4,560 2,664
Securitization entity | securitization_entity       3  
CoreVest Mortgage Banking          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Mortgage banking activities, net 16,458   12,679 $ 27,360 19,408
Commitment To Fund Residential Investor Bridge Loan          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Commitment to fund loan 435,000     435,000  
Residential Investor Bridge, Unsecuritized          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Fair value of loans 25,000     25,000  
Principal payments on real estate securities 226,081   156,294 382,574 209,515
Legacy Bridge Loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Fair value of loans 886,000     886,000  
Legacy Term Loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Fair value of loans 50,000     $ 50,000  
Bridge Loans | Minimum          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Residential bridge loans held-for-investment, original maturities (in months)       8 months  
Bridge Loans | Maximum          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Residential bridge loans held-for-investment, original maturities (in months)       36 months  
Total Residential Investor Loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Fair value of loans 4,339,168 $ 4,587,090   $ 4,339,168  
Total Residential Investor Loans | Residential Investor Bridge, Unsecuritized          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Fair value of loans 949,264 1,120,281   949,264  
Residential Investor Bridge          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Loans sold 151,000     302,000  
Principal payments on real estate securities 16,000   $ 6,000 $ 32,000 $ 21,000
Financing receivable, modified in period, amount 363,000 353,000      
Residential Investor Bridge | Contractual Interest Rate Reduction          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, modified in period, amount $ 60,000 $ 167,000      
Contractual interest rate (as a percent) 8.91% 8.64%   8.91%  
Deferred interest rate (as a percent) 0.0372 0.0539      
Financing receivable, previously modified $ 25,000 $ 24,000      
Residential Investor Bridge | Extended Maturity          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, modified in period, amount 303,000 186,000      
Financing receivable, previously modified 169,000 103,000      
Residential Investor Bridge | Interest Rate Below Market Reduction          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, nonaccrual 718,000 343,000   $ 718,000  
Residential Investor Bridge | Interest Rate Below Market Reduction | Financing Receivable, Nonaccrual, Contractual Coupon Interest          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, nonaccrual 261,000 151,000   261,000  
Residential Investor Bridge | Interest Rate Below Market Reduction | Financing Receivable, Nonaccrual, Deferred Interest          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, nonaccrual 457,000 192,000   457,000  
Residential Investor Bridge | Interest Rate Below Market Reduction | Estimated Fair Value          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, nonaccrual $ 595,000 $ 282,000   $ 595,000  
Financial Instrument, Term One | Residential Investor Term Loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, term 3 years     3 years  
Financial Instrument, Term Two | Residential Investor Term Loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, term 5 years     5 years  
Financial Instrument, Term Three | Residential Investor Term Loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, term 7 years     7 years  
Financial Instrument, Term Four | Residential Investor Term Loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Financing receivable, term 10 years     10 years