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Residential Whole Loans - Residential Whole Loans, at Carrying Value Additional Information (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 1,826,529  
Weighted Average LTV Ratio 80.00%  
Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total Purchased Performing Loans $ 6,273,743 $ 6,315,738
Unpaid Principal Balance (“UPB”) $ 6,741,786 $ 6,189,012
Weighted Average Coupon 5.78% 5.05%
Weighted Average Term to Maturity (Months) 271 months 307 months
60+ Delinquency % 3.10% 4.20%
Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 987,282  
Non-QM loans | Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total Purchased Performing Loans 3,352,471 $ 3,453,242
Unpaid Principal Balance (“UPB”) $ 3,671,468 $ 3,361,164
Weighted Average Coupon 5.13% 5.07%
Weighted Average Term to Maturity (Months) 351 months 355 months
60+ Delinquency % 2.60% 3.50%
Weighted Average LTV Ratio 65.00% 66.00%
Weighted Average FICO Scores 733 731
Non-QM loans | Settled Whole Loans | Current    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 3,520,671 $ 3,165,964
Non-QM loans | Settled Whole Loans | 30-59    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 56,825 77,581
Non-QM loans | Settled Whole Loans | 60-89    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 32,253 22,864
Non-QM loans | Settled Whole Loans | 90 or more    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 61,719 94,755
Transitional loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 75,188  
Transitional loans | Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total Purchased Performing Loans 1,411,997 727,964
Unpaid Principal Balance (“UPB”) $ 1,431,692 $ 731,154
Weighted Average Coupon 7.78% 7.18%
Weighted Average Term to Maturity (Months) 12 months 11 months
60+ Delinquency % 5.30% 14.90%
Weighted Average LTV Ratio 66.00% 67.00%
Weighted Average FICO Scores 746 735
Transitional loans | Settled Whole Loans | Current    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 1,348,815 $ 616,733
Transitional loans | Settled Whole Loans | 30-59    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 6,463 5,834
Transitional loans | Settled Whole Loans | 60-89    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 2,234 5,553
Transitional loans | Settled Whole Loans | 90 or more    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 74,180 103,034
Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 210,833  
Single-family rental loans | Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total Purchased Performing Loans 1,375,297 949,772
Unpaid Principal Balance (“UPB”) $ 1,485,967 $ 924,498
Weighted Average Coupon 5.74% 5.46%
Weighted Average Term to Maturity (Months) 324 months 329 months
60+ Delinquency % 2.40% 2.60%
Weighted Average LTV Ratio 69.00% 70.00%
Weighted Average FICO Scores 737 732
Single-family rental loans | Settled Whole Loans | Current    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 1,442,095 $ 898,166
Single-family rental loans | Settled Whole Loans | 30-59    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 8,431 2,150
Single-family rental loans | Settled Whole Loans | 60-89    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 7,978 695
Single-family rental loans | Settled Whole Loans | 90 or more    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 27,463 23,487
Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 82,932  
Seasoned performing loans | Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total Purchased Performing Loans 82,884 101,995
Unpaid Principal Balance (“UPB”) $ 90,843 $ 111,710
Weighted Average Coupon 3.31% 2.76%
Weighted Average Term to Maturity (Months) 151 months 162 months
60+ Delinquency % 5.90% 7.80%
Weighted Average LTV Ratio 30.00% 37.00%
Weighted Average FICO Scores 714 722
Seasoned performing loans | Settled Whole Loans | Current    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 84,514 $ 102,047
Seasoned performing loans | Settled Whole Loans | 30-59    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 993 938
Seasoned performing loans | Settled Whole Loans | 60-89    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 937 481
Seasoned performing loans | Settled Whole Loans | 90 or more    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 4,399 8,244
Agency eligible investor loans | Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total Purchased Performing Loans 51,094 1,082,765
Unpaid Principal Balance (“UPB”) $ 61,816 $ 1,060,486
Weighted Average Coupon 3.44% 3.40%
Weighted Average Term to Maturity (Months) 344 months 354 months
60+ Delinquency % 0.00% 0.00%
Weighted Average LTV Ratio 68.00% 62.00%
Weighted Average FICO Scores 757 767
Agency eligible investor loans | Settled Whole Loans | Current    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 61,816 $ 1,039,257
Agency eligible investor loans | Settled Whole Loans | 30-59    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 0 21,229
Agency eligible investor loans | Settled Whole Loans | 60-89    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 0 0
Agency eligible investor loans | Settled Whole Loans | 90 or more    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 0 0
Purchased Credit Deteriorated Loans | Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total Purchased Performing Loans 448,887 524,992
Unpaid Principal Balance (“UPB”) $ 554,907 $ 643,187
Weighted Average Coupon 4.66% 4.55%
Weighted Average Term to Maturity (Months) 277 months 283 months
60+ Delinquency % 18.70% 21.20%
Weighted Average LTV Ratio 63.00% 69.00%
Purchased Credit Deteriorated Loans | Settled Whole Loans | Current    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 403,042 $ 456,924
Purchased Credit Deteriorated Loans | Settled Whole Loans | 30-59    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 48,107 50,048
Purchased Credit Deteriorated Loans | Settled Whole Loans | 60-89    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 16,270 18,736
Purchased Credit Deteriorated Loans | Settled Whole Loans | 90 or more    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 87,488 117,479
Purchased Non-performing Loans | Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total Purchased Performing Loans 796,109 1,072,270
Unpaid Principal Balance (“UPB”) $ 884,257 $ 1,073,544
Weighted Average Coupon 5.01% 4.87%
Weighted Average Term to Maturity (Months) 277 months 283 months
60+ Delinquency % 39.60% 46.00%
Weighted Average LTV Ratio 68.00% 73.00%
Purchased Non-performing Loans | Settled Whole Loans | Current    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 444,045 $ 492,481
Purchased Non-performing Loans | Settled Whole Loans | 30-59    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 89,623 87,041
Purchased Non-performing Loans | Settled Whole Loans | 60-89    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 40,554 40,876
Purchased Non-performing Loans | Settled Whole Loans | 90 or more    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 310,035 453,146
Residential Whole Loans | Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Total Purchased Performing Loans 7,518,739 7,913,000
Unpaid Principal Balance (“UPB”) $ 8,180,950 $ 7,905,743
Weighted Average Coupon 5.64% 4.99%
Weighted Average Term to Maturity (Months) 272 months 301 months
60+ Delinquency % 8.10% 11.20%
Multi-Family Transitional Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Weighted Average Term to Maturity (Months) 18 months 23 months
Loans $ 632,300 $ 213,900
Weighted Average LTV Ratio 73.00% 80.00%