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Segment Information - Schedule of Statements of Income (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2026
USD ($)
segment
Mar. 31, 2025
USD ($)
segment
Segment Information    
Number of business segments | segment 2  
Interest income $ 235,047 $ 240,693
Interest expense 175,202 165,251
Net interest income 59,845 75,442
Other revenue:    
Gain on sales, including fee-based services, net 12,505 12,781
Mortgage servicing rights 9,660 8,131
Servicing revenue 44,033 43,361
Amortization of MSRs (18,293) (17,758)
Property operating income 8,060 4,387
Gain (loss) on derivative instruments, net (493) 3,400
Other income (loss), net 2,074 4,419
Total other revenue 57,546 58,721
Other expenses:    
Employee compensation and benefits 43,825 41,423
Commissions 3,859 4,613
Selling and administrative 16,953 16,312
Property operating expenses 11,964 3,474
Depreciation and amortization 7,104 3,744
Impairment loss on real estate owned 12,500 0
Provision for loss sharing, net 4,537 1,786
Provision for credit losses, net 5,816 9,075
Total other expenses 106,558 80,427
Income before extinguishment of debt, loss on real estate, income (loss) from equity affiliates and income taxes 10,833 53,736
Loss on extinguishment of debt 0 (2,319)
Loss on real estate (2,136) (2,810)
Income (loss) from equity affiliates 4,411 (1,634)
Benefit from (provision for) income taxes (2,085) (3,591)
Net income 11,023 43,382
Preferred stock dividends 10,342 10,342
Net income attributable to noncontrolling interest 52 2,602
Net income attributable to common stockholders 629 $ 30,438
Reporting segments | segment   2
Operating segments | Structured Business    
Segment Information    
Interest income 224,394 $ 230,087
Interest expense 170,814 161,579
Net interest income 53,580 68,508
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 8,060 4,387
Gain (loss) on derivative instruments, net 0 0
Other income (loss), net 2,223 2,078
Total other revenue 10,283 6,465
Other expenses:    
Employee compensation and benefits 18,862 18,157
Commissions 0 0
Selling and administrative 9,150 8,932
Property operating expenses 11,964 3,474
Depreciation and amortization 6,713 3,352
Impairment loss on real estate owned 12,500  
Provision for loss sharing, net 0 0
Provision for credit losses, net 3,644 9,154
Total other expenses 62,833 43,069
Income before extinguishment of debt, loss on real estate, income (loss) from equity affiliates and income taxes 1,030 31,904
Loss on extinguishment of debt   (2,319)
Loss on real estate (2,136) (2,810)
Income (loss) from equity affiliates 4,411 (1,634)
Benefit from (provision for) income taxes 83 639
Net income 3,388 25,780
Preferred stock dividends 10,342 10,342
Net income attributable to noncontrolling interest 0 0
Net income attributable to common stockholders (6,954) 15,438
Operating segments | Agency Business    
Segment Information    
Interest income 10,653 10,606
Interest expense 4,388 3,672
Net interest income 6,265 6,934
Other revenue:    
Gain on sales, including fee-based services, net 12,505 12,781
Mortgage servicing rights 9,660 8,131
Servicing revenue 44,033 43,361
Amortization of MSRs (18,293) (17,758)
Property operating income 0 0
Gain (loss) on derivative instruments, net (493) 3,400
Other income (loss), net (149) 2,341
Total other revenue 47,263 52,256
Other expenses:    
Employee compensation and benefits 24,963 23,266
Commissions 3,859 4,613
Selling and administrative 7,803 7,380
Property operating expenses 0 0
Depreciation and amortization 391 392
Impairment loss on real estate owned 0  
Provision for loss sharing, net 4,537 1,786
Provision for credit losses, net 2,172 (79)
Total other expenses 43,725 37,358
Income before extinguishment of debt, loss on real estate, income (loss) from equity affiliates and income taxes 9,803 21,832
Loss on extinguishment of debt   0
Loss on real estate 0 0
Income (loss) from equity affiliates 0 0
Benefit from (provision for) income taxes (2,168) (4,230)
Net income 7,635 17,602
Preferred stock dividends 0 0
Net income attributable to noncontrolling interest 0 0
Net income attributable to common stockholders 7,635 17,602
Other/Eliminations    
Other expenses:    
Net income attributable to noncontrolling interest 52 2,602
Net income attributable to common stockholders $ (52) $ (2,602)