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Segment Information - Statements of Income (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Segment Information        
Interest income $ 83,080 $ 82,171 $ 171,606 $ 153,448
Interest expense 41,302 48,284 91,284 90,149
Net interest income 41,778 33,887 80,322 63,299
Other revenue:        
Gain on sales, including fee-based services, net 26,366 14,211 40,671 30,600
Mortgage servicing rights 32,417 18,709 54,351 32,941
Servicing revenue 25,397 24,936 50,522 50,770
Amortization of MSRs (11,891) (12,324) (23,713) (24,606)
Property operating income 751 3,147 2,943 5,950
(Loss) gain on derivative instruments, net (7,368) 742 (58,099) (1,723)
Other income, net 1,049 651 2,351 989
Total other revenue 66,721 50,072 69,026 94,921
Other expenses:        
Employee compensation and benefits 34,438 29,022 68,690 60,786
Selling and administrative 8,606 10,481 19,658 20,242
Property operating expenses 1,035 2,691 3,478 5,086
Depreciation and amortization 1,961 1,909 3,908 3,821
Impairment loss on real estate owned   1,000   1,000
Provision for loss sharing (net of recoveries) 2,395 368 23,932 822
Provision for credit losses (net of recoveries) 12,714   67,096  
Total other expenses 61,149 45,471 186,762 91,757
Income before extinguishment of debt, income from equity affiliates and income taxes 47,350 38,488 (37,414) 66,463
Loss on extinguishment of debt (1,592)   (3,546) (128)
Income from equity affiliates 20,408 3,264 24,401 5,415
Provision for income taxes (12,077) (4,350) 2,293 (4,341)
Net income (loss) 54,089 37,402 (14,266) 67,409
Preferred stock dividends 1,888 1,888 3,777 3,777
Net income (loss) attributable to noncontrolling interest 8,110 6,598 (2,824) 12,066
Net income (loss) attributable to common stockholders 44,091 28,916 (15,219) 51,566
Operating segments | Structured Business        
Segment Information        
Interest income 74,295 76,144 152,772 141,953
Interest expense 36,739 44,716 80,138 82,973
Net interest income 37,556 31,428 72,634 58,980
Other revenue:        
Property operating income 751 3,147 2,943 5,950
(Loss) gain on derivative instruments, net (294) (361) (3,294) (362)
Other income, net 990 651 2,293 989
Total other revenue 1,447 3,437 1,942 6,577
Other expenses:        
Employee compensation and benefits 9,161 6,815 20,007 15,279
Selling and administrative 3,533 5,328 7,983 9,749
Property operating expenses 1,035 2,691 3,478 5,086
Depreciation and amortization 629 509 1,248 1,020
Impairment loss on real estate owned   1,000   1,000
Provision for credit losses (net of recoveries) 10,558   64,448  
Total other expenses 24,916 16,343 97,164 32,134
Income before extinguishment of debt, income from equity affiliates and income taxes 14,087 18,522 (22,588) 33,423
Loss on extinguishment of debt (1,592)   (3,546) (128)
Income from equity affiliates 20,408 3,264 24,401 5,415
Provision for income taxes (164)   (248)  
Net income (loss) 32,739 21,786 (1,981) 38,710
Preferred stock dividends 1,888 1,888 3,777 3,777
Net income (loss) attributable to common stockholders 30,851 19,898 (5,758) 34,933
Operating segments | Agency Business        
Segment Information        
Interest income 8,785 6,027 18,834 11,495
Interest expense 4,563 3,568 11,146 7,176
Net interest income 4,222 2,459 7,688 4,319
Other revenue:        
Gain on sales, including fee-based services, net 26,366 14,211 40,671 30,600
Mortgage servicing rights 32,417 18,709 54,351 32,941
Servicing revenue 25,397 24,936 50,522 50,770
Amortization of MSRs (11,891) (12,324) (23,713) (24,606)
(Loss) gain on derivative instruments, net (7,074) 1,103 (54,805) (1,361)
Other income, net 59   58  
Total other revenue 65,274 46,635 67,084 88,344
Other expenses:        
Employee compensation and benefits 25,277 22,207 48,683 45,507
Selling and administrative 5,073 5,153 11,675 10,493
Depreciation and amortization 1,332 1,400 2,660 2,801
Provision for loss sharing (net of recoveries) 2,395 368 23,932 822
Provision for credit losses (net of recoveries) 2,156   2,648  
Total other expenses 36,233 29,128 89,598 59,623
Income before extinguishment of debt, income from equity affiliates and income taxes 33,263 19,966 (14,826) 33,040
Provision for income taxes (11,913) (4,350) 2,541 (4,341)
Net income (loss) 21,350 15,616 (12,285) 28,699
Net income (loss) attributable to common stockholders 21,350 15,616 (12,285) 28,699
Other / Eliminations        
Other expenses:        
Net income (loss) attributable to noncontrolling interest 8,110 6,598 (2,824) 12,066
Net income (loss) attributable to common stockholders $ (8,110) $ (6,598) $ 2,824 $ (12,066)