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Segment Information - Origination Data (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2025
USD ($)
loan
Mar. 31, 2024
USD ($)
loan
Segment Information    
Total Loan Commitment Volume $ 645,401 $ 934,243
Agency Business Loan Sales Data:    
Loan commitments not serviced   $ 160,200
MSR rate, loan commitments not serviced   0.0132
Structured Business    
Segment Information    
Total New Loan Originations 747,121 $ 255,854
SFR 254,400 411,617
Loan Runoff 421,941 640,018
Structured Business | Bridge loan    
Segment Information    
Total New Loan Originations 724,044 210,725
Structured Business | Mezzanine loans    
Segment Information    
Total New Loan Originations 4,440 45,129
Structured Business | Multifamily | Bridge loan    
Segment Information    
Total New Loan Originations $ 367,750 $ 39,235
Structured Business | SFR - Fixed Rate    
Segment Information    
Number of loans | loan 20 59
SFR $ 162,400 $ 411,617
Structured Business | SFR - Fixed Rate | Bridge loan    
Segment Information    
Total New Loan Originations 356,294 171,490
Structured Business | Construction - multifamily    
Segment Information    
Total New Loan Originations 18,637 0
SFR 92,000 0
Agency Business    
Segment Information    
Origination Volumes 605,908 846,259
Agency Business Loan Sales Data:    
Loan Sales $ 730,854 $ 1,085,374
Sales margin (fee-based services as a % of loan sales) 1.75% 1.54%
MSR rate (MSR income as a % of loan commitments) 1.26% 1.09%
Agency Business | SFR - Fixed Rate    
Segment Information    
Origination Volumes $ 9,111 $ 2,318
Agency Business Loan Sales Data:    
Loan Sales 9,111 2,318
Agency Business | Fannie Mae    
Segment Information    
Origination Volumes 357,811 458,429
Agency Business Loan Sales Data:    
Loan Sales 355,716 725,898
Agency Business | Freddie Mac    
Segment Information    
Origination Volumes 178,020 370,102
Agency Business Loan Sales Data:    
Loan Sales 298,485 329,679
Agency Business | Private Label    
Segment Information    
Origination Volumes 44,925 15,410
Agency Business Loan Sales Data:    
Loan Sales 0 15,410
Agency Business | FHA    
Segment Information    
Origination Volumes 16,041 0
Agency Business Loan Sales Data:    
Loan Sales $ 67,542 $ 12,069