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DERIVATIVES AND HEDGING - Schedule of Gain (Loss) on Derivatives and Hedging (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Derivative [Line Items]        
Total Gain $ 29,922 $ 201,867 $ 118,830 $ 284,453
Gain (loss) on settlement of residential mortgage loan $ (95,899) $ 67,377 $ (101,346) $ 65,798
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 $ (3,525) $ 7,274 $ 42,537 $ 24,914
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 $ 33,447 $ 194,593 $ 76,293 $ 259,539
IRLCs        
Derivative [Line Items]        
Total Gain 15,711 (8,630) 8,379 (2,288)
TBAs | Gain on originated residential mortgage loans, held-for-sale, net        
Derivative [Line Items]        
Total Gain (19,236) 15,574 34,158 28,803
TBAs | Realized and unrealized gains (losses), net        
Derivative [Line Items]        
Total Gain (8,225) 3,066 (21,126) (3,808)
Interest rate swaps | Gain on originated residential mortgage loans, held-for-sale, net        
Derivative [Line Items]        
Total Gain 0 330 0 (1,601)
Interest rate swaps | Realized and unrealized gains (losses), net        
Derivative [Line Items]        
Total Gain 59,265 191,527 89,855 263,347
Treasury Short Sales        
Derivative [Line Items]        
Total Gain (16,955) 0 24,342 0
Other commitments        
Derivative [Line Items]        
Total Gain $ (638) $ 0 $ (16,778) $ 0