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Residential Whole Loans (Residential Whole Loans, at Carrying Value - Additional Information) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 3,521,624 $ 5,370,653
Purchased Credit Deteriorated Loans 673,708 698,717
Total 4,195,332  
Non-QM Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans 2,357,185 3,707,245
Total 2,357,185  
Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans 581,801 1,026,097
Total 581,801  
Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans 446,374 460,742
Total 446,374  
Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans 136,264 $ 176,569
Total $ 136,264  
90 or more    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Weighted Average LTV Ratio 86.78% 89.69%
90 or more | Non-QM Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 144,681  
90 or more | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 136,347  
90 or more | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 20,233  
90 or more | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 8,823  
Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total 4,108,499 $ 6,066,345
Amortized Cost Basis 4,195,332 6,069,370
Unpaid Principal Balance (“UPB”) $ 4,249,418 $ 6,141,421
Weighted Average Coupon 5.77% 5.96%
Weighted Average Term to Maturity (Months) 282 months 288 months
Settled Whole Loans | Non-QM Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 2,336,117 $ 3,706,857
Amortized Cost Basis 2,357,185 3,707,245
Unpaid Principal Balance (“UPB”) $ 2,294,086 $ 3,592,701
Weighted Average Coupon 5.84% 5.96%
Weighted Average Term to Maturity (Months) 351 months 368 months
Weighted Average LTV Ratio 64.00% 67.00%
Weighted Average FICO Scores 712 716
Settled Whole Loans | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 563,430 $ 1,023,766
Amortized Cost Basis 581,801 1,026,097
Unpaid Principal Balance (“UPB”) $ 581,801 $ 1,026,097
Weighted Average Coupon 7.29% 7.30%
Weighted Average Term to Maturity (Months) 3 months 8 months
Weighted Average LTV Ratio 63.00% 64.00%
Weighted Average FICO Scores 719 717
Settled Whole Loans | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 442,456 $ 460,679
Amortized Cost Basis 446,374 460,741
Unpaid Principal Balance (“UPB”) $ 442,208 $ 457,146
Weighted Average Coupon 6.32% 6.29%
Weighted Average Term to Maturity (Months) 324 months 324 months
Weighted Average LTV Ratio 70.00% 70.00%
Weighted Average FICO Scores 730 734
Settled Whole Loans | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 136,157 $ 176,569
Amortized Cost Basis 136,264 176,569
Unpaid Principal Balance (“UPB”) $ 149,004 $ 192,151
Weighted Average Coupon 3.30% 4.24%
Weighted Average Term to Maturity (Months) 171 months 181 months
Weighted Average LTV Ratio 40.00% 46.00%
Weighted Average FICO Scores 723 723
Settled Whole Loans | Purchased credit impaired loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Credit Deteriorated Loans $ 630,339 $ 698,474
Amortized Cost Basis 673,708 698,718
Unpaid Principal Balance (“UPB”) $ 782,319 $ 873,326
Weighted Average Coupon 4.46% 4.46%
Weighted Average Term to Maturity (Months) 287 months 294 months
Weighted Average LTV Ratio 76.00% 81.00%
Settled Whole Loans | Certain rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 189,900 $ 269,200
Weighted Average LTV Ratio 68.00% 69.00%
Settled Whole Loans | Current | Non-QM Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 2,099,134 $ 3,492,533
Settled Whole Loans | Current | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 390,706 868,281
Settled Whole Loans | Current | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 415,386 432,936
Settled Whole Loans | Current | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 124,877 187,683
Settled Whole Loans | 30-59 | Non-QM Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 73,163 59,963
Settled Whole Loans | 30-59 | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 29,315 67,747
Settled Whole Loans | 30-59 | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 6,652 15,948
Settled Whole Loans | 30-59 | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 2,186 2,164
Settled Whole Loans | 60-89 | Non-QM Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 36,501 19,605
Settled Whole Loans | 60-89 | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 25,433 27,437
Settled Whole Loans | 60-89 | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 3,948 2,047
Settled Whole Loans | 60-89 | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 1,170 430
Settled Whole Loans | 90 or more | Non-QM Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 148,387 20,600
Settled Whole Loans | 90 or more | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 136,347 62,632
Settled Whole Loans | 90 or more | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 20,388 6,215
Settled Whole Loans | 90 or more | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 8,031 1,874
Settled Whole Loans | 90 or more | Purchased credit impaired loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 119,621 $ 108,998