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BALANCE SHEET NETTING (Tables)
 12 Months Ended
Dec. 31, 2023
Offsetting [Abstract]  
Offsetting Assets December 31, 2023 and 2022, respectively. Refer to Note 11 – Warehouse and Other Lines of Credit for further details on cash collateral requirements.
December 31, 2023
Gross amounts recognizedGross amounts offset in consolidated balance sheetNet amounts presented in consolidated balance sheetGross amounts not offset in consolidated balance sheetNet amount
Financial instrumentsCash collateral
Assets:
Forward sale contracts$33,591 $(16,981)$16,610 $— $— $16,610 
MBS put options1,376 — 1,376 — — 1,376 
Interest rate swap futures26,476 — 26,476 — — 26,476 
Total assets$61,443 $(16,981)$44,462 $— $— $44,462 
Liabilities:
Forward sale contracts$100,709 $(16,981)$83,728 $— $(60,188)$23,540 
Put options on treasuries62 — 62 — — 62 
Warehouse and other lines of credit1,947,057 — 1,947,057 (1,947,057)— — 
Secured debt obligations (1)
1,287,418 — 1,287,418 (1,287,418)— — 
Total liabilities$3,335,246 $(16,981)$3,318,265 $(3,234,475)$(60,188)$23,602 
(1)Secured debt obligations as of December 31, 2023 included secured credit facilities and Term Notes.
December 31, 2022
Gross amounts recognizedGross amounts offset in consolidated balance sheetNet amounts presented in consolidated balance sheetGross amounts not offset in consolidated balance sheetNet amount
Financial instrumentsCash collateral
Assets
Forward sale contracts$39,386 $(32,710)$6,676 $— $— $6,676 
MBS put options3,361 — 3,361 — — 3,361 
Total assets$42,747 $(32,710)$10,037 $— $— $10,037 
Liabilities
Forward sale contracts$76,192 $(32,710)$43,482 $— $(36,270)$7,212 
Put options on treasuries10,831 — 10,831 — (10,831)— 
Interest rate swap futures7,395 — 7,395 — (7,395)— 
Warehouse and other lines of credit2,146,602 — 2,146,602 (2,146,602)— — 
Secured debt obligations (1)
1,298,853 — 1,298,853 (1,298,853)— — 
Total liabilities$3,539,873 $(32,710)$3,507,163 $(3,445,455)$(54,496)$7,212 
(1) Secured debt obligations as of December 31, 2022 included the secured credit facilities and Term Notes.
Offsetting Liabilities December 31, 2023 and 2022, respectively. Refer to Note 11 – Warehouse and Other Lines of Credit for further details on cash collateral requirements.
December 31, 2023
Gross amounts recognizedGross amounts offset in consolidated balance sheetNet amounts presented in consolidated balance sheetGross amounts not offset in consolidated balance sheetNet amount
Financial instrumentsCash collateral
Assets:
Forward sale contracts$33,591 $(16,981)$16,610 $— $— $16,610 
MBS put options1,376 — 1,376 — — 1,376 
Interest rate swap futures26,476 — 26,476 — — 26,476 
Total assets$61,443 $(16,981)$44,462 $— $— $44,462 
Liabilities:
Forward sale contracts$100,709 $(16,981)$83,728 $— $(60,188)$23,540 
Put options on treasuries62 — 62 — — 62 
Warehouse and other lines of credit1,947,057 — 1,947,057 (1,947,057)— — 
Secured debt obligations (1)
1,287,418 — 1,287,418 (1,287,418)— — 
Total liabilities$3,335,246 $(16,981)$3,318,265 $(3,234,475)$(60,188)$23,602 
(1)Secured debt obligations as of December 31, 2023 included secured credit facilities and Term Notes.
December 31, 2022
Gross amounts recognizedGross amounts offset in consolidated balance sheetNet amounts presented in consolidated balance sheetGross amounts not offset in consolidated balance sheetNet amount
Financial instrumentsCash collateral
Assets
Forward sale contracts$39,386 $(32,710)$6,676 $— $— $6,676 
MBS put options3,361 — 3,361 — — 3,361 
Total assets$42,747 $(32,710)$10,037 $— $— $10,037 
Liabilities
Forward sale contracts$76,192 $(32,710)$43,482 $— $(36,270)$7,212 
Put options on treasuries10,831 — 10,831 — (10,831)— 
Interest rate swap futures7,395 — 7,395 — (7,395)— 
Warehouse and other lines of credit2,146,602 — 2,146,602 (2,146,602)— — 
Secured debt obligations (1)
1,298,853 — 1,298,853 (1,298,853)— — 
Total liabilities$3,539,873 $(32,710)$3,507,163 $(3,445,455)$(54,496)$7,212 
(1) Secured debt obligations as of December 31, 2022 included the secured credit facilities and Term Notes.