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Components of Mortgage Banking Activities, Net (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income from MSRs, net:        
MSRs $ 460 $ (650) $ 9,629 $ (1,194)
Sequoia IO securities (1,866) (4,427) 36,399 (9,101)
Risk management derivatives 442 (2,385) 51,009 (8,784)
Net market valuation adjustments (8,597) 7,514 82,524 (4,087)
Mortgage Banking Activities, Net (5,944) 12,303 98,608 13,642
Residential Loans at Fair Value
       
Income from MSRs, net:        
Loans, at fair value (10,804) 14,976 (17,339) 14,992
Commercial Loans at Fair Value
       
Income from MSRs, net:        
Loans, at fair value 3,171   2,826  
Mortgage Banking Activities
       
Income from MSRs, net:        
Income 2,991 231 5,785 368
Late charges 17 2 35 3
Cost of sub-servicer (355) (55) (767) (89)
Income from MSRs, net: 2,653 178 5,053 282
MSRs 460 (650) 9,628 (1,194)
Sequoia IO securities (1,866) (4,427) 36,399 (9,101)
Risk management derivatives 442 [1] (2,385) [1] 51,010 [1] (8,784) [1]
Net market valuation adjustments (8,597) 7,514 82,524 (4,087)
Mortgage Banking Activities, Net (5,944) 12,303 98,608 13,642
Mortgage Banking Activities | Residential Loans at Fair Value
       
Income from MSRs, net:        
Loans, at fair value (10,804) 14,976 (17,339) 14,992
Mortgage Banking Activities | Commercial Loans at Fair Value
       
Income from MSRs, net:        
Loans, at fair value 3,171   2,826  
Mortgage Banking Activities | Residential Loans
       
Income from MSRs, net:        
Net gains on loan sales   4,611   17,447
Mortgage Banking Activities | Commercial Loans
       
Income from MSRs, net:        
Net gains on commercial loan originations     40  
Net gains on loan sales     $ 10,991  
[1] Represents market valuations of derivatives that are used to manage risks associated with our accumulation of residential and commercial loans.