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Segment Information - Statements of Income (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
item
Jun. 30, 2020
USD ($)
Segment Information        
Interest income $ 105,148 $ 83,080 $ 196,292 $ 171,606
Interest expense 46,378 41,302 88,562 91,284
Net interest income 58,770 41,778 107,730 80,322
Other revenue:        
Gain on sales, including fee-based services, net 40,901 26,366 69,768 40,671
Mortgage servicing rights 26,299 32,417 63,235 54,351
Servicing revenue 29,982 25,397 59,721 50,522
Amortization of MSRs (14,667) (11,891) (28,871) (23,713)
Property operating income   751   2,943
Loss on derivative instruments, net (2,607) (7,368) (5,828) (58,099)
Other income, net 1,263 1,049 1,943 2,351
Total other revenue 81,171 66,721 159,968 69,026
Other expenses:        
Employee compensation and benefits 43,700 34,438 86,674 68,690
Selling and administrative 11,133 8,606 21,947 19,658
Property operating expenses 129 1,035 272 3,478
Depreciation and amortization 1,788 1,961 3,543 3,908
Provision for loss sharing (net of recoveries) 549 2,395 2,201 23,932
Provision for credit losses (net of recoveries) (7,815) 12,714 (8,890) 67,096
Total other expenses 49,484 61,149 105,747 186,762
Income (loss) before sale of real estate, income from equity affiliates and income taxes 90,457 47,350 161,951 (37,414)
Loss on extinguishment of debt   (1,592) (1,370) (3,546)
Gain on sale of real estate     1,228  
Income from equity affiliates 4,759 20,408 27,010 24,401
(Provision for) benefit from income taxes (10,959) (12,077) (23,451) 2,293
Net income (loss) 84,257 54,089 165,368 (14,266)
Preferred stock dividends 6,414 1,888 8,303 3,777
Net income (loss) attributable to noncontrolling interest 8,717 8,110 18,459 (2,824)
Net income (loss) attributable to common stockholders 69,126 44,091 $ 138,606 (15,219)
Reporting segments | item     2  
Operating segments | Structured Business        
Segment Information        
Interest income 96,498 74,295 $ 179,708 152,772
Interest expense 42,748 36,739 80,972 80,138
Net interest income 53,750 37,556 98,736 72,634
Other revenue:        
Property operating income   751   2,943
Loss on derivative instruments, net   (294)   (3,294)
Other income, net 1,255 990 1,935 2,293
Total other revenue 1,255 1,447 1,935 1,942
Other expenses:        
Employee compensation and benefits 11,907 9,161 23,484 20,007
Selling and administrative 5,248 3,533 9,761 7,983
Property operating expenses 129 1,035 272 3,478
Depreciation and amortization 615 629 1,197 1,248
Provision for credit losses (net of recoveries) (8,333) 10,558 (9,362) 64,448
Total other expenses 9,566 24,916 25,352 97,164
Income (loss) before sale of real estate, income from equity affiliates and income taxes 45,439 14,087 75,319 (22,588)
Loss on extinguishment of debt   (1,592) (1,370) (3,546)
Income from equity affiliates 4,759 20,408 27,010 24,401
(Provision for) benefit from income taxes (682) (164) (5,665) (248)
Net income (loss) 49,516 32,739 95,294 (1,981)
Preferred stock dividends 6,414 1,888 8,303 3,777
Net income (loss) attributable to common stockholders 43,102 30,851 86,991 (5,758)
Operating segments | Agency Business        
Segment Information        
Interest income 8,650 8,785 16,584 18,834
Interest expense 3,630 4,563 7,590 11,146
Net interest income 5,020 4,222 8,994 7,688
Other revenue:        
Gain on sales, including fee-based services, net 40,901 26,366 69,768 40,671
Mortgage servicing rights 26,299 32,417 63,235 54,351
Servicing revenue 29,982 25,397 59,721 50,522
Amortization of MSRs (14,667) (11,891) (28,871) (23,713)
Loss on derivative instruments, net (2,607) (7,074) (5,828) (54,805)
Other income, net 8 59 8 58
Total other revenue 79,916 65,274 158,033 67,084
Other expenses:        
Employee compensation and benefits 31,793 25,277 63,190 48,683
Selling and administrative 5,885 5,073 12,186 11,675
Depreciation and amortization 1,173 1,332 2,346 2,660
Provision for loss sharing (net of recoveries) 549 2,395 2,201 23,932
Provision for credit losses (net of recoveries) 518 2,156 472 2,648
Total other expenses 39,918 36,233 80,395 89,598
Income (loss) before sale of real estate, income from equity affiliates and income taxes 45,018 33,263 86,632 (14,826)
Gain on sale of real estate     1,228  
(Provision for) benefit from income taxes (10,277) (11,913) (17,786) 2,541
Net income (loss) 34,741 21,350 70,074 (12,285)
Net income (loss) attributable to common stockholders 34,741 21,350 70,074 (12,285)
Other / Eliminations        
Other expenses:        
Net income (loss) attributable to noncontrolling interest 8,717 8,110 18,459 (2,824)
Net income (loss) attributable to common stockholders $ (8,717) $ (8,110) $ (18,459) $ 2,824