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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues                
Total Revenues $ 619,514       $ 1,135,405   $ 3,109,539 $ 3,070,533
Expenses                
Interest expense and warehouse line fees 510,168       377,528   1,385,939 1,005,978
General and administrative 208,046       190,691   612,363 540,088
Compensation and benefits 265,673       186,149   771,899 564,635
Total Operating Expenses 983,887       754,368   2,770,201 2,110,701
Other Income (Loss)                
Realized and unrealized gains (losses), net 412,953       (114,149)   353,338 (103,522)
Other income (loss), net (3,432)       6,888   23,536 (66,176)
Total Other Income (Loss) 409,521       (107,261)   376,874 (169,698)
Income (Loss) before Income Taxes 45,148       273,776   716,212 790,134
Income tax expense (benefit) (78,433)       52,585   66,627 92,309
Net Income (Loss) 123,581       221,191   649,585 697,825
Noncontrolling interests in income of consolidated subsidiaries 1,839       4,848   8,252 10,437
Dividends on preferred stock 24,718       22,394   69,508 67,184
Net income (loss) attributable to common stockholders - basic 97,024       193,949   571,825 620,204
Net income (loss) attributable to common stockholders - diluted $ 97,024       $ 193,949   $ 571,825 $ 620,204
Net Income per Share of Common Stock                
Basic (in dollars per share) $ 0.20       $ 0.40   $ 1.17 $ 1.29
Diluted (in dollars per share) $ 0.20       $ 0.40   $ 1.16 $ 1.28
Weighted Average Number of Shares of Common Stock Outstanding                
Basic (in shares) 491,362,857       483,214,061   487,155,900 481,503,762
Diluted (in shares) 496,800,687       484,350,288   491,258,126 483,530,227
Dividends declared per share of common stock (in dollars per share) $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.75 $ 0.75
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables                
Revenues                
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate $ 493,171       $ 442,425   $ 1,462,040 $ 1,377,429
Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows of $(139,784), $(138,993), $(421,761) and $(384,094), respectively)                
Revenues                
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate (747,335)       20,934   (731,058) (99,338)
Servicing revenue, net                
Revenues                
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate (254,164)       463,359   730,982 1,278,091
Interest income                
Revenues                
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 550,732       462,497   1,459,271 1,177,688
Gain on originated residential mortgage loans, held-for-sale, net                
Revenues                
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 184,695       149,230   480,894 437,082
Other revenues                
Revenues                
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate 57,212       60,319   172,060 177,672
Asset management revenues                
Revenues                
Total Revenues $ 81,039       $ 0   $ 266,332 $ 0