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Fair Value of Financial Instruments - Quantitative Information about Significant Unobservable Inputs Used in Valuation of Level 3 Assets and Liabilities Measured at Fair Value (Details)
9 Months Ended
Sep. 30, 2016
USD ($)
$ / shares
$ / loan
Asset-backed securities issued  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 819,868,000
Asset-backed securities issued | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 2.00%
Credit support (percent) 0.00%
Loss severity (percent) 20.00%
Discount rate (percent) 5.00%
Default rate (percent) 1.00%
Asset-backed securities issued | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 20.00%
Credit support (percent) 22.00%
Loss severity (percent) 32.00%
Discount rate (percent) 9.00%
Default rate (percent) 12.00%
Asset-backed securities issued | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 15.00%
Credit support (percent) 13.00%
Loss severity (percent) 27.00%
Discount rate (percent) 5.00%
Default rate (percent) 7.00%
Residential Loans Priced To Securitization and Whole Loan Market, Uncommitted to Sell  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 2,404,070,000
Residential Loans Priced To Securitization and Whole Loan Market, Uncommitted to Sell | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Whole loan spread to TBA (usd per loan) | $ / loan 3.04
Whole loan spread to swap rate 2.75%
Residential Loans Priced To Securitization and Whole Loan Market, Uncommitted to Sell | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Whole loan spread to TBA (usd per loan) | $ / loan 4.35
Whole loan spread to swap rate 3.25%
Residential Loans Priced To Securitization and Whole Loan Market, Uncommitted to Sell | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Whole loan spread to TBA (usd per loan) | $ / loan 4.31
Whole loan spread to swap rate 3.24%
Residential Jumbo Hybrid Loans Priced To Whole Loan Market Uncommitted To Sell  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 160,047,000
Residential Jumbo Hybrid Loans Priced To Whole Loan Market Uncommitted To Sell | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 15.00%
Whole loan spread to swap rate (percent) 1.30%
Residential Jumbo Hybrid Loans Priced To Whole Loan Market Uncommitted To Sell | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 15.00%
Whole loan spread to swap rate (percent) 2.75%
Residential Jumbo Hybrid Loans Priced To Whole Loan Market Uncommitted To Sell | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 15.00%
Whole loan spread to swap rate (percent) 1.50%
Residential Loans Priced To Whole Loan Market and Committed to Sell  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 905,797,000
Residential Loans Priced To Whole Loan Market and Committed to Sell | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
IO multiple 2.8
Prepayment rate (annual CPR) (percent) 15.00%
Senior spread to TBA price (in dollars per share) | $ / shares $ 2.13
Credit support (percent) 5.00%
Whole loan committed sales price (USD per loan) | $ / loan 101.42
Residential Loans Priced To Whole Loan Market and Committed to Sell | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
IO multiple 2.8
Prepayment rate (annual CPR) (percent) 15.00%
Senior spread to TBA price (in dollars per share) | $ / shares $ 2.13
Credit support (percent) 5.00%
Whole loan committed sales price (USD per loan) | $ / loan 103.08
Residential Loans Priced To Whole Loan Market and Committed to Sell | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
IO multiple 2.8
Prepayment rate (annual CPR) (percent) 15.00%
Senior spread to TBA price (in dollars per share) | $ / shares $ 2.13
Credit support (percent) 5.00%
Whole loan committed sales price (USD per loan) | $ / loan 102.22
Residential Loans Held For Investment at Fair Value  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 839,976,000
Residential Loans Held For Investment at Fair Value | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Subordinate spread to swap rate 2.00%
Residential Loans Held For Investment at Fair Value | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Subordinate spread to swap rate 8.57%
Residential Loans Held For Investment at Fair Value | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Subordinate spread to swap rate 3.13%
Residential loans, at lower of cost or fair value  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 954,000
Residential loans, at lower of cost or fair value | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Loss severity (percent) 15.00%
Residential loans, at lower of cost or fair value | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Loss severity (percent) 30.00%
Residential loans, at lower of cost or fair value | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Loss severity (percent) 17.00%
Investment Securities  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 936,910,000
Investment Securities | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 1.00%
Credit support (percent) 0.00%
Loss severity (percent) 20.00%
Discount rate (percent) 5.00%
Default rate (percent) 0.00%
Investment Securities | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 41.00%
Credit support (percent) 48.00%
Loss severity (percent) 65.00%
Discount rate (percent) 12.00%
Default rate (percent) 35.00%
Investment Securities | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 18.00%
Credit support (percent) 3.00%
Loss severity (percent) 21.00%
Discount rate (percent) 7.00%
Default rate (percent) 2.00%
MSRs  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 106,009,000
MSRs | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 9.00%
Discount rate (percent) 11.00%
Per loan annual cost to service $ 72
MSRs | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 25.00%
Discount rate (percent) 11.00%
Per loan annual cost to service $ 82
MSRs | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 18.00%
Discount rate (percent) 11.00%
Per loan annual cost to service $ 78
Guarantee asset  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 3,627,000
Guarantee asset | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 18.00%
Discount rate (percent) 11.00%
Guarantee asset | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 18.00%
Discount rate (percent) 11.00%
Guarantee asset | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 18.00%
Discount rate (percent) 11.00%
REO  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 5,396,000
REO | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Loss severity (percent) 2.00%
REO | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Loss severity (percent) 100.00%
REO | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Loss severity (percent) 21.00%
Loan purchase commitments  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Fair Value $ 5,479,000
Loan purchase commitments | Minimum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 15.00%
Whole loan spread to TBA (usd per loan) | $ / loan 3.04
Whole loan spread to swap rate (percent) 1.30%
Whole loan spread to swap rate 2.75%
MSR Multiple 0.9
Fallout rate (percent) 2.00%
Loan purchase commitments | Maximum  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 15.00%
Whole loan spread to TBA (usd per loan) | $ / loan 4.20
Whole loan spread to swap rate (percent) 2.75%
Whole loan spread to swap rate 3.25%
MSR Multiple 4.7
Fallout rate (percent) 85.00%
Loan purchase commitments | Weighted Average  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Prepayment rate (annual CPR) (percent) 15.00%
Whole loan spread to TBA (usd per loan) | $ / loan 4.16
Whole loan spread to swap rate (percent) 1.56%
Whole loan spread to swap rate 3.24%
MSR Multiple 2.7
Fallout rate (percent) 28.00%