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FAIR VALUE MEASUREMENTS - Financial Assets Measured at Fair Value on a Recurring Basis using Level 3 Inputs (Details) - Recurring Basis - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning $ 17,356,207 $ 14,427,743
Transfers:    
Transfers out of Level 3 (413,126)  
Transfers to Level 3 23,890 106
Gain (Loss) Included in Net Income:    
Credit losses on securities 102 (662)
Included in servicing revenue (538,282) 84,175
Other factors 25,041 10,297
Instrument-specific credit risk (16,361) (26,987)
Gain (loss) on settlement of investments, net   36
Other income (loss), net 38,255 14,514
Gains (losses) included in OCI 4,741 737
Interest income 22,610 28,556
Purchases, Sales and Repayments:    
Purchases, net 350,260 451,847
Sales and settlement fundings (17,598) (17,095)
Proceeds from repayments (1,037,078) (1,005,019)
Originations and other 1,128,753 857,972
Balance, ending 16,927,414 14,826,220
Excess MSRs    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 369,162 271,150
Transfers:    
Transfers out of Level 3 0  
Transfers to Level 3 0 0
Gain (Loss) Included in Net Income:    
Credit losses on securities 0 0
Included in servicing revenue 0 0
Other factors (915) (1,867)
Instrument-specific credit risk 0 0
Gain (loss) on settlement of investments, net   0
Other income (loss), net 0 0
Gains (losses) included in OCI 0 0
Interest income 4,190 2,446
Purchases, Sales and Repayments:    
Purchases, net 0 0
Sales and settlement fundings 0 0
Proceeds from repayments (17,514) (16,618)
Originations and other 0 0
Balance, ending 354,923 255,111
MSRs And MSR Financing Receivables    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 10,321,671 8,405,938
Transfers:    
Transfers out of Level 3 0  
Transfers to Level 3 0 0
Gain (Loss) Included in Net Income:    
Credit losses on securities 0 0
Included in servicing revenue (538,282) 84,175
Other factors 0 0
Instrument-specific credit risk 0 0
Gain (loss) on settlement of investments, net   0
Other income (loss), net 0 0
Gains (losses) included in OCI 0 0
Interest income 0 0
Purchases, Sales and Repayments:    
Purchases, net 0 0
Sales and settlement fundings 664 671
Proceeds from repayments 0 0
Originations and other 348,988 215,939
Balance, ending 10,133,041 8,706,723
Servicer Advances    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 339,646 376,881
Transfers:    
Transfers out of Level 3 0  
Transfers to Level 3 0 0
Gain (Loss) Included in Net Income:    
Credit losses on securities 0 0
Included in servicing revenue 0 0
Other factors (1,693) 8,115
Instrument-specific credit risk 0 0
Gain (loss) on settlement of investments, net   0
Other income (loss), net 0 0
Gains (losses) included in OCI 0 0
Interest income 5,355 7,315
Purchases, Sales and Repayments:    
Purchases, net 186,356 212,656
Sales and settlement fundings 0 0
Proceeds from repayments (208,133) (230,456)
Originations and other 0 0
Balance, ending 321,531 374,511
Non-Agency    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 552,797 577,543
Transfers:    
Transfers out of Level 3 0  
Transfers to Level 3 0 0
Gain (Loss) Included in Net Income:    
Credit losses on securities 102 (662)
Included in servicing revenue 0 0
Other factors 1,903 0
Instrument-specific credit risk 0 0
Gain (loss) on settlement of investments, net   0
Other income (loss), net 0 2,860
Gains (losses) included in OCI 4,741 1,602
Interest income 7,023 8,496
Purchases, Sales and Repayments:    
Purchases, net 96,936 13,900
Sales and settlement fundings 0 0
Proceeds from repayments (24,044) (22,200)
Originations and other 0 0
Balance, ending 639,458 581,539
CLOs And Consolidated Funds    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 810,431 226,486
Transfers:    
Transfers out of Level 3 (412,268)  
Transfers to Level 3 21,809 0
Gain (Loss) Included in Net Income:    
Credit losses on securities 0 0
Included in servicing revenue 0 0
Other factors 0 0
Instrument-specific credit risk 0 0
Gain (loss) on settlement of investments, net   36
Other income (loss), net 28,247 0
Gains (losses) included in OCI 0 (865)
Interest income 0 0
Purchases, Sales and Repayments:    
Purchases, net 26,698 3,679
Sales and settlement fundings (17,641) 0
Proceeds from repayments 0 (17,340)
Originations and other 0 0
Balance, ending 457,276 211,996
Residential Mortgage Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 455,726 513,381
Transfers:    
Transfers out of Level 3 (858)  
Transfers to Level 3 2,081 106
Gain (Loss) Included in Net Income:    
Credit losses on securities 0 0
Included in servicing revenue 0 0
Other factors 10,012 9,622
Instrument-specific credit risk (5,797) (4,026)
Gain (loss) on settlement of investments, net   0
Other income (loss), net 1,438 1,824
Gains (losses) included in OCI 0 0
Interest income 0 0
Purchases, Sales and Repayments:    
Purchases, net 239 216,405
Sales and settlement fundings (7,216) (17,766)
Proceeds from repayments (16,356) (16,042)
Originations and other 5,415 45
Balance, ending 444,684 703,549
Consumer Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 665,565 1,274,005
Transfers:    
Transfers out of Level 3 0  
Transfers to Level 3 0 0
Gain (Loss) Included in Net Income:    
Credit losses on securities 0 0
Included in servicing revenue 0 0
Other factors (10,810) (7,156)
Instrument-specific credit risk (2,003) (22,961)
Gain (loss) on settlement of investments, net   0
Other income (loss), net 0 0
Gains (losses) included in OCI 0 0
Interest income 5,923 10,152
Purchases, Sales and Repayments:    
Purchases, net 0 4,113
Sales and settlement fundings 6,595 0
Proceeds from repayments (111,102) (154,354)
Originations and other 0 0
Balance, ending 554,168 1,103,799
Other Assets    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 700,942 549,446
Transfers:    
Transfers out of Level 3 0  
Transfers to Level 3 0 0
Gain (Loss) Included in Net Income:    
Credit losses on securities 0 0
Included in servicing revenue 0 0
Other factors 23,534 1,583
Instrument-specific credit risk 0 0
Gain (loss) on settlement of investments, net   0
Other income (loss), net 8,570 (5,043)
Gains (losses) included in OCI 0 0
Interest income 119 147
Purchases, Sales and Repayments:    
Purchases, net 40,031 1,094
Sales and settlement fundings 0 0
Proceeds from repayments (24,613) (42,918)
Originations and other 0 (61)
Balance, ending 748,583 504,248
Residential Transition Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 3,140,267 2,232,913
Transfers:    
Transfers out of Level 3 0  
Transfers to Level 3 0 0
Gain (Loss) Included in Net Income:    
Credit losses on securities 0 0
Included in servicing revenue 0 0
Other factors 3,010 0
Instrument-specific credit risk (8,561) 0
Gain (loss) on settlement of investments, net   0
Other income (loss), net 0 14,873
Gains (losses) included in OCI 0 0
Interest income 0 0
Purchases, Sales and Repayments:    
Purchases, net 0 0
Sales and settlement fundings 0 0
Proceeds from repayments (635,316) (505,091)
Originations and other 774,350 642,049
Balance, ending $ 3,273,750 $ 2,384,744