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Segment Information - Statements of Income (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2025
USD ($)
segment
loan
Mar. 31, 2024
USD ($)
Segment Information    
Number of business segments | segment 2  
Interest income $ 240,693 $ 321,292
Interest expense 165,251 217,676
Net interest income 75,442 103,616
Other revenue:    
Gain on sales, including fee-based services, net 12,781 16,666
Mortgage servicing rights 8,131 10,199
Servicing revenue 43,361 48,157
Amortization of MSRs (17,758) (16,631)
Property operating income 4,387 1,570
Gain (loss) on derivative instruments, net 3,400 (5,257)
Other income, net 4,419 2,333
Total other revenue 58,721 57,037
Other expenses:    
Employee compensation and benefits 41,423 41,970
Commissions 4,613 5,724
Selling and administrative 16,312 13,933
Property operating expenses 3,474 1,678
Depreciation and amortization 3,744 2,571
Provision for loss sharing (net of recoveries) 1,786 273
Provision for credit losses (net of recoveries) 9,075 19,118
Total other expenses 80,427 85,267
Income before extinguishment of debt, loss on real estate, (loss) income from equity affiliates and income taxes 53,736 75,386
Income before income from equity affiliates and income taxes   75,386
Loss on extinguishment of debt (2,319) 0
Loss on real estate (2,810) 0
(Loss) income from equity affiliates (1,634) 1,418
Benefit from (provision for) income taxes (3,591) (3,592)
Net income 43,382 73,212
Preferred stock dividends 10,342 10,342
Net income attributable to noncontrolling interest 2,602 4,997
Net income attributable to common stockholders $ 30,438 57,873
Reporting segments | loan 2  
Operating segments | Structured Business    
Segment Information    
Interest income $ 230,087 307,888
Interest expense 161,579 212,600
Net interest income 68,508 95,288
Other revenue:    
Gain on sales, including fee-based services, net 0 0
Mortgage servicing rights 0 0
Servicing revenue 0 0
Amortization of MSRs 0 0
Property operating income 4,387 1,570
Gain (loss) on derivative instruments, net 0 0
Other income, net 2,078 2,300
Total other revenue 6,465 3,870
Other expenses:    
Employee compensation and benefits 18,157 18,547
Commissions 0 0
Selling and administrative 8,932 6,796
Property operating expenses 3,474 1,678
Depreciation and amortization 3,352 1,398
Provision for loss sharing (net of recoveries) 0 0
Provision for credit losses (net of recoveries) 9,154 17,777
Total other expenses 43,069 46,196
Income before extinguishment of debt, loss on real estate, (loss) income from equity affiliates and income taxes 31,904  
Income before income from equity affiliates and income taxes   52,962
Loss on extinguishment of debt (2,319)  
Loss on real estate (2,810)  
(Loss) income from equity affiliates (1,634) 1,418
Benefit from (provision for) income taxes 639 (81)
Net income 25,780 54,299
Preferred stock dividends 10,342 10,342
Net income attributable to noncontrolling interest 0 0
Net income attributable to common stockholders 15,438 43,957
Operating segments | Agency Business    
Segment Information    
Interest income 10,606 13,404
Interest expense 3,672 5,076
Net interest income 6,934 8,328
Other revenue:    
Gain on sales, including fee-based services, net 12,781 16,666
Mortgage servicing rights 8,131 10,199
Servicing revenue 43,361 48,157
Amortization of MSRs (17,758) (16,631)
Property operating income 0 0
Gain (loss) on derivative instruments, net 3,400 (5,257)
Other income, net 2,341 33
Total other revenue 52,256 53,167
Other expenses:    
Employee compensation and benefits 23,266 23,423
Commissions 4,613 5,724
Selling and administrative 7,380 7,137
Property operating expenses 0 0
Depreciation and amortization 392 1,173
Provision for loss sharing (net of recoveries) 1,786 273
Provision for credit losses (net of recoveries) (79) 1,341
Total other expenses 37,358 39,071
Income before extinguishment of debt, loss on real estate, (loss) income from equity affiliates and income taxes 21,832  
Income before income from equity affiliates and income taxes   22,424
Loss on extinguishment of debt 0  
Loss on real estate 0  
(Loss) income from equity affiliates 0 0
Benefit from (provision for) income taxes (4,230) (3,511)
Net income 17,602 18,913
Preferred stock dividends 0 0
Net income attributable to noncontrolling interest 0 0
Net income attributable to common stockholders 17,602 18,913
Other/Eliminations    
Other expenses:    
Net income attributable to noncontrolling interest 2,602 4,997
Net income attributable to common stockholders $ (2,602) $ (4,997)