Fair Value - Summary Of Recognized Assets And Liabilities Measured At Fair Value On A Recurring Basis (Details) - USD ($)
$ in Thousands |
Dec. 31, 2022 |
Dec. 31, 2021 |
| Assets |
|
|
| Loans held for investment, at fair value |
$ 907,998
|
$ 1,031,328
|
| Total loans held for sale, at fair value |
315,978
|
2,052,378
|
| Derivative assets |
2,354
|
48,870
|
| Retained bonds |
46,439
|
55,614
|
| Liabilities |
|
|
| TRA obligation |
3,800
|
29,400
|
| Fair Value, Recurring |
|
|
| Assets |
|
|
| Investments |
|
6,000
|
| Retained bonds |
46,439
|
55,614
|
| Total assets |
19,945,959
|
20,396,380
|
| Liabilities |
|
|
| HMBS related obligations |
10,996,755
|
10,422,358
|
| Nonrecourse debt in consolidated VIE trusts |
7,175,857
|
5,857,069
|
| Nonrecourse commercial loan financing liability |
106,758
|
111,738
|
| Nonrecourse MSR financing liability |
60,562
|
142,435
|
| Deferred purchase price liabilities |
5,077
|
12,852
|
| TRA obligation |
3,781
|
29,380
|
| Total liabilities |
18,350,476
|
16,608,007
|
| Fair Value, Recurring | Loans held for investment, subject to HMBS related obligations |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
11,114,100
|
10,556,054
|
| Fair Value, Recurring | Reverse mortgage loans, subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
7,065,477
|
5,823,301
|
| Fair Value, Recurring | fix and flip mortgage loans, subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
389,161
|
394,893
|
| Fair Value, Recurring | Reverse mortgage loans, not subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
771,724
|
940,604
|
| Fair Value, Recurring | fix and flip mortgage loans, not subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
127,469
|
62,933
|
| Fair Value, Recurring | Agricultural loans |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
8,805
|
27,791
|
| Fair Value, Recurring | Residential mortgage loans |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
154,117
|
1,902,952
|
| Fair Value, Recurring | SRL |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
69,187
|
98,852
|
| Fair Value, Recurring | Portfolio |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
43,272
|
50,574
|
| Fair Value, Recurring | Fix and flip |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
49,402
|
|
| Fair Value, Recurring | MSR |
|
|
| Assets |
|
|
| MSR |
95,096
|
427,942
|
| Fair Value, Recurring | IRLCs and LPCs |
|
|
| Assets |
|
|
| Derivative assets |
114
|
24,786
|
| Liabilities |
|
|
| Derivative liabilities |
183
|
|
| Fair Value, Recurring | Forward MBS and TBAs |
|
|
| Assets |
|
|
| Derivative assets |
1,469
|
1,250
|
| Fair Value, Recurring | Interest rate swaps and futures contracts |
|
|
| Assets |
|
|
| Derivative assets |
771
|
22,834
|
| Fair Value, Recurring | Forward MBS and TBAs |
|
|
| Liabilities |
|
|
| Derivative liabilities |
1
|
1,685
|
| Fair Value, Recurring | Interest rate swaps and futures contracts |
|
|
| Liabilities |
|
|
| Derivative liabilities |
385
|
24,993
|
| Fair Value, Recurring | Warrant liability |
|
|
| Liabilities |
|
|
| Derivative liabilities |
1,117
|
5,497
|
| Fair Value, Recurring | Reverse mortgage loans |
|
|
| Assets |
|
|
| Purchase commitments |
9,356
|
|
| Fair Value, Recurring | Level 1 |
|
|
| Assets |
|
|
| Investments |
|
0
|
| Retained bonds |
0
|
0
|
| Total assets |
771
|
22,834
|
| Liabilities |
|
|
| HMBS related obligations |
0
|
0
|
| Nonrecourse debt in consolidated VIE trusts |
0
|
0
|
| Nonrecourse commercial loan financing liability |
0
|
0
|
| Nonrecourse MSR financing liability |
0
|
0
|
| Deferred purchase price liabilities |
0
|
0
|
| TRA obligation |
0
|
0
|
| Total liabilities |
1,502
|
30,490
|
| Fair Value, Recurring | Level 1 | Loans held for investment, subject to HMBS related obligations |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 1 | Reverse mortgage loans, subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 1 | fix and flip mortgage loans, subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 1 | Reverse mortgage loans, not subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 1 | fix and flip mortgage loans, not subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 1 | Agricultural loans |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 1 | Residential mortgage loans |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 1 | SRL |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 1 | Portfolio |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 1 | Fix and flip |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
0
|
|
| Fair Value, Recurring | Level 1 | MSR |
|
|
| Assets |
|
|
| MSR |
0
|
0
|
| Fair Value, Recurring | Level 1 | IRLCs and LPCs |
|
|
| Assets |
|
|
| Derivative assets |
0
|
0
|
| Liabilities |
|
|
| Derivative liabilities |
0
|
|
| Fair Value, Recurring | Level 1 | Forward MBS and TBAs |
|
|
| Assets |
|
|
| Derivative assets |
0
|
0
|
| Fair Value, Recurring | Level 1 | Interest rate swaps and futures contracts |
|
|
| Assets |
|
|
| Derivative assets |
771
|
22,834
|
| Fair Value, Recurring | Level 1 | Forward MBS and TBAs |
|
|
| Liabilities |
|
|
| Derivative liabilities |
0
|
0
|
| Fair Value, Recurring | Level 1 | Interest rate swaps and futures contracts |
|
|
| Liabilities |
|
|
| Derivative liabilities |
385
|
24,993
|
| Fair Value, Recurring | Level 1 | Warrant liability |
|
|
| Liabilities |
|
|
| Derivative liabilities |
1,117
|
5,497
|
| Fair Value, Recurring | Level 1 | Reverse mortgage loans |
|
|
| Assets |
|
|
| Purchase commitments |
0
|
|
| Fair Value, Recurring | Level 2 |
|
|
| Assets |
|
|
| Investments |
|
0
|
| Retained bonds |
0
|
0
|
| Total assets |
155,609
|
1,888,441
|
| Liabilities |
|
|
| HMBS related obligations |
0
|
0
|
| Nonrecourse debt in consolidated VIE trusts |
0
|
0
|
| Nonrecourse commercial loan financing liability |
0
|
0
|
| Nonrecourse MSR financing liability |
0
|
0
|
| Deferred purchase price liabilities |
0
|
0
|
| TRA obligation |
0
|
0
|
| Total liabilities |
1
|
1,685
|
| Fair Value, Recurring | Level 2 | Loans held for investment, subject to HMBS related obligations |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 2 | Reverse mortgage loans, subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 2 | fix and flip mortgage loans, subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 2 | Reverse mortgage loans, not subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 2 | fix and flip mortgage loans, not subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 2 | Agricultural loans |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 2 | Residential mortgage loans |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
154,117
|
1,885,627
|
| Fair Value, Recurring | Level 2 | SRL |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 2 | Portfolio |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
0
|
0
|
| Fair Value, Recurring | Level 2 | Fix and flip |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
0
|
|
| Fair Value, Recurring | Level 2 | MSR |
|
|
| Assets |
|
|
| MSR |
0
|
0
|
| Fair Value, Recurring | Level 2 | IRLCs and LPCs |
|
|
| Assets |
|
|
| Derivative assets |
23
|
1,564
|
| Liabilities |
|
|
| Derivative liabilities |
0
|
|
| Fair Value, Recurring | Level 2 | Forward MBS and TBAs |
|
|
| Assets |
|
|
| Derivative assets |
1,469
|
1,250
|
| Fair Value, Recurring | Level 2 | Interest rate swaps and futures contracts |
|
|
| Assets |
|
|
| Derivative assets |
0
|
0
|
| Fair Value, Recurring | Level 2 | Forward MBS and TBAs |
|
|
| Liabilities |
|
|
| Derivative liabilities |
1
|
1,685
|
| Fair Value, Recurring | Level 2 | Interest rate swaps and futures contracts |
|
|
| Liabilities |
|
|
| Derivative liabilities |
0
|
0
|
| Fair Value, Recurring | Level 2 | Warrant liability |
|
|
| Liabilities |
|
|
| Derivative liabilities |
0
|
0
|
| Fair Value, Recurring | Level 2 | Reverse mortgage loans |
|
|
| Assets |
|
|
| Purchase commitments |
0
|
|
| Fair Value, Recurring | Level 3 |
|
|
| Assets |
|
|
| Investments |
|
6,000
|
| Retained bonds |
46,439
|
55,614
|
| Total assets |
19,789,579
|
18,485,105
|
| Liabilities |
|
|
| HMBS related obligations |
10,996,755
|
10,422,358
|
| Nonrecourse debt in consolidated VIE trusts |
7,175,857
|
5,857,069
|
| Nonrecourse commercial loan financing liability |
106,758
|
111,738
|
| Nonrecourse MSR financing liability |
60,562
|
142,435
|
| Deferred purchase price liabilities |
5,077
|
12,852
|
| TRA obligation |
3,781
|
29,380
|
| Total liabilities |
18,348,973
|
16,575,832
|
| Fair Value, Recurring | Level 3 | Loans held for investment, subject to HMBS related obligations |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
11,114,100
|
10,556,054
|
| Fair Value, Recurring | Level 3 | Reverse mortgage loans, subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
7,065,477
|
5,823,301
|
| Fair Value, Recurring | Level 3 | fix and flip mortgage loans, subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
389,161
|
394,893
|
| Fair Value, Recurring | Level 3 | Reverse mortgage loans, not subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
771,724
|
940,604
|
| Fair Value, Recurring | Level 3 | fix and flip mortgage loans, not subject to recourse |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
127,469
|
62,933
|
| Fair Value, Recurring | Level 3 | Agricultural loans |
|
|
| Assets |
|
|
| Loans held for investment, at fair value |
8,805
|
27,791
|
| Fair Value, Recurring | Level 3 | Residential mortgage loans |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
0
|
17,325
|
| Fair Value, Recurring | Level 3 | SRL |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
69,187
|
98,852
|
| Fair Value, Recurring | Level 3 | Portfolio |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
43,272
|
50,574
|
| Fair Value, Recurring | Level 3 | Fix and flip |
|
|
| Assets |
|
|
| Total loans held for sale, at fair value |
49,402
|
|
| Fair Value, Recurring | Level 3 | MSR |
|
|
| Assets |
|
|
| MSR |
95,096
|
427,942
|
| Fair Value, Recurring | Level 3 | IRLCs and LPCs |
|
|
| Assets |
|
|
| Derivative assets |
91
|
23,222
|
| Liabilities |
|
|
| Derivative liabilities |
183
|
|
| Fair Value, Recurring | Level 3 | Forward MBS and TBAs |
|
|
| Assets |
|
|
| Derivative assets |
0
|
0
|
| Fair Value, Recurring | Level 3 | Interest rate swaps and futures contracts |
|
|
| Assets |
|
|
| Derivative assets |
0
|
0
|
| Fair Value, Recurring | Level 3 | Forward MBS and TBAs |
|
|
| Liabilities |
|
|
| Derivative liabilities |
0
|
0
|
| Fair Value, Recurring | Level 3 | Interest rate swaps and futures contracts |
|
|
| Liabilities |
|
|
| Derivative liabilities |
0
|
0
|
| Fair Value, Recurring | Level 3 | Warrant liability |
|
|
| Liabilities |
|
|
| Derivative liabilities |
0
|
$ 0
|
| Fair Value, Recurring | Level 3 | Reverse mortgage loans |
|
|
| Assets |
|
|
| Purchase commitments |
$ 9,356
|
|