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Repurchase Agreements (Borrowings Under Repurchase Agreement And Associated Assets Pledged as Collateral) (Details) - USD ($) $ in Thousands | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2019 | Dec. 31, 2018
Assets Sold under Agreements to Repurchase [Line Items] |  |
Balance of repurchase agreements | $ 8,571,422 | $ 7,879,087
Fair value of securities pledged as collateral under repurchase agreements | 10,700,000 | 9,500,000
Total Fair Value of Assets Pledged and Accrued Interest | 48,500 | 33,100
Agency MBS |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Balance of repurchase agreements | 1,675,861 | 2,384,357
Fair value of securities pledged as collateral under repurchase agreements | $ 1,807,047 | $ 2,572,597
Weighted average haircut (percent) | 4.42% | 4.60%
Non-Agency MBS |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Balance of repurchase agreements | $ 1,231,908 | $ 1,447,585
Fair value of securities pledged as collateral under repurchase agreements | $ 1,561,501 | $ 1,871,650
Weighted average haircut (percent) | 20.57% | 21.38%
RPL/NPL MBS |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Balance of repurchase agreements | $ 642,740 | $ 1,084,532
Fair value of securities pledged as collateral under repurchase agreements | $ 828,048 | $ 1,377,250
Weighted average haircut (percent) | 21.89% | 21.31%
CRT securities |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Balance of repurchase agreements | $ 303,544 | $ 391,586
Fair value of securities pledged as collateral under repurchase agreements | $ 377,779 | $ 480,315
Weighted average haircut (percent) | 19.25% | 20.01%
Residential whole loans |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Balance of repurchase agreements | $ 3,727,526 | $ 2,020,508
Fair value of securities pledged as collateral under repurchase agreements | $ 4,810,078 | $ 2,441,931
Weighted average haircut (percent) | 14.85% | 16.55%
MSR-related assets |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Balance of repurchase agreements | $ 918,055 | $ 474,127
Fair value of securities pledged as collateral under repurchase agreements | $ 1,164,284 | $ 611,807
Weighted average haircut (percent) | 21.00% | 21.88%
Other Interest Earning Assets |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Balance of repurchase agreements | $ 72,911 | $ 76,419
Fair value of securities pledged as collateral under repurchase agreements | $ 73,925 | $ 81,494
Weighted average haircut (percent) | 21.20% | 21.15%
Repurchase Agreement Borrowings |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Weighted average remaining term-to-interest rate reset of borrowings under repurchase agreements, days | 33 days | 31 days
Effective repricing period, months | 10 months | 8 months
Balance of repurchase agreements | $ 8,572,545 | $ 7,879,114
Unamortized debt issuance expense | 1,123 | 27
Loan Securitization |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Fair value of securities pledged as collateral under repurchase agreements | 238,400 | 27,000
Residential Loans At Fair Value |  |
Assets Sold under Agreements to Repurchase [Line Items] |  |
Fair Value | 3,700,000 | 1,700,000
Amortized Cost | 3,700,000 | 1,600,000
Total Fair Value of Assets Pledged and Accrued Interest | $ 835,800 | $ 738,600

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- Definition The weighted average percentage amount by which the collateral value is contractually required to exceed the loan amount on the Company's repurchase agreements borrowings. + References No definition available. + Details
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- Definition Sum of the fair values as of the date of the latest financial statement presented of securities pledged as collateral and the amount of interest receivable on the securities pledged as collateral. + References No definition available. + Details
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- Definition Represents the cost of debt and equity securities pledged as collateral, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. + References No definition available. + Details
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- Definition Represents the effective repricing period of the entity's repurchase agreements, including the impact of swaps that hedge the related borrowings. + References No definition available. + Details
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- Definition Represents the weighted average period remaining before the rate of interest for repurchase agreements is reset. + References No definition available. + Details
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- Definition The fair value, as of the date of each statement of financial position presented, of securities which are owned but transferred to serve as collateral for the payment of repurchase agreements, and that are reclassified and separately reported in the statement of financial position because the transferee has the right by contract or custom to sell or re-pledge them. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66007379&loc=d3e113888-111728 + Details
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- Definition Sum of the carrying amounts as of the date of the latest financial statement presented of securities which are owned but transferred to another party to serve as collateral to partially or fully secure a debt obligation, repurchase agreement or other current or potential obligation, and for which the transferee is not permitted to sell or re-pledge them to an unrelated party. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 30 -Section 50 -Paragraph 1A -Subparagraph (b)(1)(i) -URI http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729 + Details
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- Definition Amount, after the effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=49176635&loc=d3e9760-107771 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13(1)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(m)(1)(a)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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