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Segment Information - Origination Data (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
loan
Sep. 30, 2022
USD ($)
loan
Sep. 30, 2023
USD ($)
loan
Sep. 30, 2022
USD ($)
loan
Segment Information        
Origination Volumes $ 1,211,347 $ 1,464,235 $ 3,844,769 $ 3,623,649
Agency Business Loan Sales Data:        
Gain (loss) on derivative instruments, net (421) (15,909) (3,582) 10,083
Structured Business        
Segment Information        
Total new loan originations 240,158 774,665 717,186 5,651,119
Loan runoff 664,792 911,790 2,536,661 2,700,748
Structured Business | Bridge loan        
Segment Information        
Total new loan originations 232,379 756,695 702,062 5,625,010
Structured Business | Mezzanine loans        
Segment Information        
Total new loan originations 7,779 17,970 15,124 26,109
Structured Business | Multifamily | Bridge loan        
Segment Information        
Total new loan originations 92,000 592,844 376,630 5,172,770
Structured Business | SFR - Fixed Rate | Bridge loan        
Segment Information        
Total new loan originations $ 140,379 $ 163,851 $ 325,432 $ 452,240
Number of Loans Originated | loan 42 52 92 268
SFR Commitments $ 429,452 $ 457,564 $ 683,984 $ 726,071
Agency Business        
Segment Information        
Origination Volumes 1,149,849 1,111,321 3,664,149 3,219,014
Agency Business Loan Sales Data:        
Loan Sales $ 1,275,420 $ 1,082,136 $ 3,618,843 $ 3,699,554
Sales margin (fee-based services as a % of loan sales) 1.46% 1.33% 1.54% 1.34%
MSR rate (MSR income as a % of loan commitments) 1.16% 1.33% 1.27% 1.44%
Agency Business | SFR - Fixed Rate        
Segment Information        
Origination Volumes $ 2,030 $ 16,678 $ 19,328 $ 55,883
Agency Business Loan Sales Data:        
Loan Sales 8,759 43,012 22,931 55,874
Agency Business | Fannie Mae        
Segment Information        
Origination Volumes 721,398 629,610 2,596,329 1,744,739
Agency Business Loan Sales Data:        
Loan Sales 837,132 700,690 2,511,978 1,936,282
Agency Business | Freddie Mac        
Segment Information        
Origination Volumes 339,241 350,980 658,457 1,057,743
Agency Business Loan Sales Data:        
Loan Sales 337,507 288,029 581,306 1,009,557
Agency Business | FHA        
Segment Information        
Origination Volumes 19,215 78,382 230,707 168,736
Agency Business Loan Sales Data:        
Loan Sales 24,057 35,838 201,915 182,755
Agency Business | Private Label        
Segment Information        
Origination Volumes 67,965 35,671 159,328 191,913
Agency Business Loan Sales Data:        
Loan Sales $ 67,965 $ 14,567 $ 300,713 515,086
Gain (loss) on derivative instruments, net       $ 17,100