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Residential Whole Loans (Interest Income Components) (Details) - Residential whole loans - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income $ 69,016 $ 84,837 $ 133,554 $ 190,872
Purchased credit impaired loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 11,303 9,335 19,593 18,481
Performing        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 38,005 60,092 75,932 134,432
Performing | Non-QM loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 21,968 37,259 44,156 86,329
Performing | Rehabilitation loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 7,329 13,312 13,996 28,639
Performing | Single-family rental loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 6,906 7,268 13,987 14,611
Performing | Seasoned performing loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 1,540 2,253 3,531 4,853
Performing | Agency eligible investor loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 262 0 262 0
Nonperforming        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 19,708 15,410 38,029 37,959
Carrying Value        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 46,400 69,427 92,617 152,913
Carrying Value | Purchased credit impaired loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 11,303 9,335 19,593 18,481
Carrying Value | Performing        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 35,097 60,092 73,024 134,432
Carrying Value | Performing | Non-QM loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 20,164 37,259 42,352 86,329
Carrying Value | Performing | Rehabilitation loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 6,954 13,312 13,621 28,639
Carrying Value | Performing | Single-family rental loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 6,439 7,268 13,520 14,611
Carrying Value | Performing | Seasoned performing loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 1,540 2,253 3,531 4,853
Carrying Value | Performing | Agency eligible investor loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 0 0 0 0
Carrying Value | Nonperforming        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 0 0 0 0
Fair Value        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 22,616 15,410 40,937 37,959
Fair Value | Purchased credit impaired loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 0 0 0 0
Fair Value | Performing        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income     2,908 0
Fair Value | Performing | Non-QM loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income     1,804 0
Fair Value | Performing | Rehabilitation loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income     375 0
Fair Value | Performing | Single-family rental loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income     467 0
Fair Value | Performing | Seasoned performing loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income     0 0
Fair Value | Performing | Agency eligible investor loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income     262 0
Fair Value | Nonperforming        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income $ 19,708 $ 15,410 $ 38,029 $ 37,959