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Segment Information - Statements of Income (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
segment
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Segment Reporting Information [Line Items]      
Number of business segments | segment 2    
Interest income $ 1,167,872 $ 1,331,219 $ 948,401
Interest expense 804,615 903,228 557,617
Net interest income 363,257 427,991 390,784
Other revenue:      
Gain on sales, including fee-based services, net 74,932 72,522 55,816
Mortgage servicing rights 51,272 69,912 69,346
Servicing revenue 194,318 193,542 152,068
Amortization of MSRs (68,422) (63,093) (59,876)
Property operating income 7,226 5,708 1,877
(Loss) gain on derivative instruments, net (8,543) 6,763 26,609
Other income (loss), net 8,083 7,667 (17,563)
Total other revenue 258,866 293,021 228,277
Other expenses:      
Employee compensation and benefits 154,915 141,267 137,935
Commissions 26,779 18,521 23,890
Selling and administrative 54,931 51,260 53,990
Property operating expenses 7,394 5,897 2,136
Depreciation and amortization 9,555 9,743 8,732
Provision for loss sharing (net of recoveries) 11,782 15,695 1,862
Provision for credit losses (net of recoveries) 68,543 73,446 21,169
Litigation settlement     7,350
Total other expenses 333,899 315,829 257,064
Income before extinguishment of debt, gain on real estate, income from equity affiliates and income taxes 288,224 405,183 361,997
Loss on extinguishment of debt (412) (1,561) (4,933)
Gain on real estate 3,813 0 0
Income (loss) from equity method investments 5,772 24,281 14,247
Provision for income taxes (13,478) (27,347) (17,484)
Net income 283,919 400,556 353,827
Preferred stock dividends 41,369 41,369 40,954
Net income attributable to noncontrolling interest 19,278 29,122 28,044
Net income attributable to common stockholders $ 223,272 330,065 284,829
Reporting segments | segment 2    
Operating segments | Structured Business      
Segment Reporting Information [Line Items]      
Interest income $ 1,112,763 1,279,433 903,622
Interest expense 781,668 880,602 538,659
Net interest income 331,095 398,831 364,963
Other revenue:      
Gain on sales, including fee-based services, net 0 0 0
Mortgage servicing rights 0 0 0
Servicing revenue 0 0 0
Amortization of MSRs 0 0 0
Property operating income 7,226 5,708 1,877
(Loss) gain on derivative instruments, net 0 0 0
Other income (loss), net 7,255 4,868 (2,360)
Total other revenue 14,481 10,576 (483)
Other expenses:      
Employee compensation and benefits 67,187 53,507 56,032
Commissions 0 0 0
Selling and administrative 26,922 23,234 26,059
Property operating expenses 7,394 5,897 2,136
Depreciation and amortization 6,296 5,052 4,041
Provision for loss sharing (net of recoveries) 0 0 0
Provision for credit losses (net of recoveries) 63,953 70,344 19,770
Litigation settlement     7,350
Total other expenses 171,752 158,034 115,388
Income before extinguishment of debt, gain on real estate, income from equity affiliates and income taxes 173,824 251,373 249,092
Loss on extinguishment of debt (412) (1,561) (4,933)
Gain on real estate 3,813    
Income (loss) from equity method investments 5,772 24,281 14,247
Provision for income taxes 3,590 803 (821)
Net income 186,587 274,896 257,585
Preferred stock dividends 41,369 41,369 40,954
Net income attributable to noncontrolling interest 0 0 0
Net income attributable to common stockholders 145,218 233,527 216,631
Operating segments | Agency Business      
Segment Reporting Information [Line Items]      
Interest income 55,109 51,786 44,779
Interest expense 22,947 22,626 18,958
Net interest income 32,162 29,160 25,821
Other revenue:      
Gain on sales, including fee-based services, net 74,932 72,522 55,816
Mortgage servicing rights 51,272 69,912 69,346
Servicing revenue 194,318 193,542 152,068
Amortization of MSRs (68,422) (63,093) (59,876)
Property operating income 0 0 0
(Loss) gain on derivative instruments, net (8,543) 6,763 26,609
Other income (loss), net 828 2,799 (15,203)
Total other revenue 244,385 282,445 228,760
Other expenses:      
Employee compensation and benefits 87,728 87,760 81,903
Commissions 26,779 18,521 23,890
Selling and administrative 28,009 28,026 27,931
Property operating expenses 0 0 0
Depreciation and amortization 3,259 4,691 4,691
Provision for loss sharing (net of recoveries) 11,782 15,695 1,862
Provision for credit losses (net of recoveries) 4,590 3,102 1,399
Litigation settlement     0
Total other expenses 162,147 157,795 141,676
Income before extinguishment of debt, gain on real estate, income from equity affiliates and income taxes 114,400 153,810 112,905
Loss on extinguishment of debt 0 0 0
Gain on real estate 0    
Income (loss) from equity method investments 0 0 0
Provision for income taxes (17,068) (28,150) (16,663)
Net income 97,332 125,660 96,242
Preferred stock dividends 0 0 0
Net income attributable to noncontrolling interest 0 0 0
Net income attributable to common stockholders 97,332 125,660 96,242
Other      
Other expenses:      
Net income attributable to noncontrolling interest 19,278 29,122 28,044
Net income attributable to common stockholders $ (19,278) $ (29,122) $ (28,044)