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DERIVATIVES AND HEDGING - Schedule of Gain (Loss) on Derivatives and Hedging (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Derivative [Line Items] |  |  |  |
Total gain (loss) | $ 1,581 | $ 266,582 | $ 88,908 | $ 82,585
Gain (loss) on settlement of residential mortgage loan | $ 10,077 | $ (11,483) | $ (5,447) | $ (1,579)
Gain on originated residential mortgage loans, held-for-sale, net |  |  |  |
Derivative [Line Items] |  |  |  |
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate | Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate | Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate | Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate
Total gain (loss) | $ 667 | $ 50,630 | $ 46,062 | $ 17,640
Realized and unrealized gains (losses), net |  |  |  |
Derivative [Line Items] |  |  |  |
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Realized and unrealized gains (losses), net | Realized and unrealized gains (losses), net | Realized and unrealized gains (losses), net | Realized and unrealized gains (losses), net
Total gain (loss) | $ 914 | $ 215,952 | $ 42,846 | $ 64,945
IRLCs |  |  |  |
Derivative [Line Items] |  |  |  |
Total gain (loss) | (14,817) | (19,898) | (7,332) | 6,342
TBAs | Gain on originated residential mortgage loans, held-for-sale, net |  |  |  |
Derivative [Line Items] |  |  |  |
Total gain (loss) | 15,484 | 71,212 | 53,394 | 13,229
TBAs | Realized and unrealized gains (losses), net |  |  |  |
Derivative [Line Items] |  |  |  |
Total gain (loss) | (14,424) | 507 | (12,901) | (6,875)
Interest rate swaps | Gain on originated residential mortgage loans, held-for-sale, net |  |  |  |
Derivative [Line Items] |  |  |  |
Total gain (loss) | 0 | (684) | 0 | (1,931)
Interest rate swaps | Realized and unrealized gains (losses), net |  |  |  |
Derivative [Line Items] |  |  |  |
Total gain (loss) | 1,429 | 215,445 | 30,590 | 71,820
Treasury Short Sales |  |  |  |
Derivative [Line Items] |  |  |  |
Total gain (loss) | 12,952 | 0 | 41,297 | 0
Other commitments |  |  |  |
Derivative [Line Items] |  |  |  |
Total gain (loss) | $ 957 | $ 0 | $ (16,140) | $ 0

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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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- Definition Indicates line item in statement of income or comprehensive income that includes gain (loss) from derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480237/815-40-50-5 + Details
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