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Consolidated Statements Of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest Income    
Residential loans $ 34,362 $ 31,400
Commercial loans 82 9,460
Real estate securities 19,817 21,095
Other interest income 367 373
Total interest income 54,628 62,328
Interest Expense    
Short-term debt (4,453) (6,697)
Asset-backed securities issued (3,530) (4,282)
Long-term debt (13,048) (12,971)
Total Interest Expense (21,031) (23,950)
Net Interest Income 33,597 38,378
Provision for loan losses 0 (289)
Net Interest Income after Provision 33,597 38,089
Non-interest Income    
Mortgage banking activities, net 17,604 7,218
Mortgage servicing rights income, net 1,713 6,281
Investment fair value changes, net 1,551 (19,538)
Other income 1,184 955
Realized gains, net 5,703 9,538
Total non-interest income, net 27,755 4,454
Operating expenses (18,226) (30,452)
Net Income before Provision for Income Taxes 43,126 12,091
Provision for income taxes (6,157) (28)
Net Income $ 36,969 $ 12,063
Basic earnings per common share (in dollars per share) $ 0.47 $ 0.15
Diluted earnings per common share (in dollars per share) 0.43 0.15
Regular dividends declared per common share (in dollars per share) $ 0.28 $ 0.28
Basic weighted average shares outstanding (in shares) 76,738,202 77,137,682
Diluted weighted average shares outstanding (in shares) 97,946,137 77,137,682