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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest Income        
Residential loans $ 13,601 $ 18,845 $ 26,259 $ 36,469
Commercial loans 11,217 9,623 21,601 19,794
Real estate securities 33,170 29,114 65,601 54,831
Cash and cash equivalents 5 137 8 149
Total interest income 57,993 57,719 113,469 111,243
Interest Expense        
Short-term debt (5,142) (4,686) (8,969) (8,494)
Asset-backed securities issued (8,183) (10,250) (16,624) (21,210)
Long-term debt (7,826) (6,480) (14,618) (10,014)
Total interest expense (21,151) (21,416) (40,211) (39,718)
Net Interest Income 36,842 36,303 73,258 71,525
Reversal of provision (provision) for loan losses 315 3,272 (967) 1,233
Net Interest Income After Provision 37,157 39,575 72,291 72,758
Noninterest Income        
Mortgage banking activities, net 6,310 48,723 6,079 94,260
Mortgage servicing rights income (loss), net (1,777) 10,547 (1,171) 11,568
Other market valuation adjustments, net (4,121) [1] (6,258) [1] (10,260) [1] (6,561) [1]
Realized gains, net 1,063 556 2,155 12,823
Total noninterest income (loss), net 1,475 53,568 (3,197) 112,090
Operating expenses (22,282) (24,430) (42,254) (44,616)
Net income before provision for income taxes 16,350 68,713 26,840 140,232
(Provision for) benefit from income taxes (333) (3,140) 1,510 (14,049)
Net Income $ 16,017 $ 65,573 $ 28,350 $ 126,183
Basic earnings per common share $ 0.19 $ 0.78 $ 0.33 $ 1.50
Diluted earnings per common share $ 0.18 $ 0.71 $ 0.32 $ 1.40
Regular dividends declared per common share $ 0.28 $ 0.28 $ 0.56 $ 0.56
Basic weighted average shares outstanding 82,740,012 82,123,823 82,575,636 81,729,014
Diluted weighted average shares outstanding 85,032,998 96,171,713 84,994,321 91,647,400
[1] For the three months ended June 30, 2014, other-than-temporary impairments were $2,915, of which $264 were recognized through the Income Statement, and $2,651 were recognized in Accumulated Other Comprehensive Income. For the three months ended June 30, 2013, other-than-temporary impairments were $1,642, of which none was recognized in Accumulated Other Comprehensive Income. For the six months ended June 30, 2014, other-than-temporary impairments were $4,585, of which $377 were recognized through the Income Statement, and $4,208 were recognized in Accumulated Other Comprehensive Income. For the six months ended June 30, 2013, other-than-temporary impairments were $1,666, of which none was recognized in Accumulated Other Comprehensive Income.