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Residential Mortgage Securities and MSR Related Assets (Impact of AFS Securities on AOCI) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
AOCI from AFS Securities:      
Unrealized gain on AFS securities at beginning of period $ 392,722 $ 417,167 $ 620,648
Unrealized (loss)/gain on AFS securities, net 420,281 20,335 (150,642)
Reclassification adjustment for MBS sales included in net income (389,127) (44,600) (51,580)
Reclassification adjustment for impairments included in net income (344,269) (180) (1,259)
Change in AOCI from AFS securities (313,115) (24,445) (203,481)
Balance at end of period 79,607 392,722 417,167
Agency MBS      
AOCI from AFS Securities:      
Unrealized (loss)/gain on AFS securities, net (161) 21,844 (17,891)
Mortgage-backed Securities, Issued by Private Enterprises [Member]      
AOCI from AFS Securities:      
Unrealized (loss)/gain on AFS securities, net 367,469 (6,682) (131,939)
Unrealized gain/(loss) on MSR term notes, net      
AOCI from AFS Securities:      
Unrealized (loss)/gain on AFS securities, net $ 52,973 $ 5,173 $ (812)