Fair Value, Option, Loans Held As Assets, Aggregate Amount In Foreclosure

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- Definition

The weighted average FICO score for borrowers at the time loans were originated.

+ References

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- Definition

Financing Receivable, Loan To Value Ratio

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- Definition

Financing Receivable, Number Of Loans In Foreclosure

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No definition available.

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- Definition

Financing Receivable, Number Of Loans Past Due

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- Definition

Financing Receivables, Weighted Average Interest Rate

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- Definition

Loans Receivable, Percentage Bearing Fixed Interest, Percentage Rate

+ References

No definition available.

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- Definition

Percentage Of Loan Portfolio

+ References

No definition available.

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- Definition

Principal Balance of Loans Acquired During Period

+ References

No definition available.

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- Definition

Principal Balance of Loans Sold During Period

+ References

No definition available.

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- Definition

For each line item in the statement of financial position, the amounts of gains and losses from fair value changes included in earnings.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
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This item represents the aggregate fair value of loans held as assets that are 90 days or more past due for which the fair value option has been elected.

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- Definition

Amount of the collateral pledged in support of federal home loan bank advances outstanding.

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- Definition

Amount after allowance and deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements and loans held for sale.

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- Definition

Carrying amount as of the balance sheet date of loans that have been pledged as collateral for borrowings. If the secured party has the right by contract or custom to sell or re-pledge the collateral, then the debtor reclassifies that asset and report that asset in its statement of financial position separately from other assets not so encumbered.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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- Definition

Indicates the number of mortgages under each classification.

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- Definition

Amount of increase (decrease) in mortgage loans on real estate.

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- Definition

This is the sum of principal amount outstanding for both securitized and unsecuritized loans of all types.

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- Definition

Amortized amount of contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer.

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- Definition

Value of loans held-for-sale transferred to loans held in the entity's portfolio in noncash transactions.

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Value of loans and leases held in the entity's portfolio transferred to loans and leases held-for-sale in noncash transactions.

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Residential Loans - Additional Information (Details)	3 Months Ended		9 Months Ended		12 Months Ended
Residential Loans - Additional Information (Details)	Sep. 30, 2017 USD ($) loan	Sep. 30, 2016 USD ($)	Sep. 30, 2017 USD ($) loan	Sep. 30, 2016 USD ($)	Dec. 31, 2016 USD ($) loan
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 4,184,920,000		$ 4,184,920,000		$ 3,888,051,000
Transfers from loans held-for-sale to loans held-for-investment			643,876,000	$ 877,744,000
Transfers from loans held-for-investment to loans held-for-sale			$ 98,853,000	359,005,000
Fixed-rate loans
Mortgage Loans on Real Estate [Line Items]
Weighted average coupon rate (as a percent)	4.08%		4.08%
Redwood
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 3,194,483,000		$ 3,194,483,000		3,096,415,000
Legacy Sequoia
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	673,134,000		673,134,000		791,636,000
Sequoia Choice
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	317,303,000		317,303,000		0
Residential loans
Mortgage Loans on Real Estate [Line Items]
Loan pledged as collateral	493,000,000		493,000,000		$ 534,000,000
Held-for-sale residential loans \| FHLB Chicago
Mortgage Loans on Real Estate [Line Items]
Loans pledged as collateral under borrowing agreement with FHLBC	2,260,000,000		$ 2,260,000,000
Residential Loans
Mortgage Loans on Real Estate [Line Items]
Number of loans (in loans) \| loan			1,233		1,114
Loan Principal	900,000,000		$ 900,000,000		$ 830,000,000
Loan market valuation adjustment	920,000,000		920,000,000		830,000,000
Principal value of loans purchased	1,430,000,000	$ 1,220,000,000	3,720,000,000	3,730,000,000
Principal balance of loans sold during period	1,050,000,000	760,000,000	3,080,000,000	2,800,000,000
Gain (loss) on assets measured at fair value on a non-recurring basis	15,000,000	1,000,000	29,000,000	12,000,000
Loans held-for-investment, in foreclosure	1,000,000		1,000,000
Residential Loans \| Jumbo Loans \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	924,594,000		924,594,000		834,193,000
Residential Loans \| Jumbo Loans \| Redwood \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	924,594,000		924,594,000		834,193,000
Residential Loans \| Jumbo Loans \| Legacy Sequoia \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	0		0		0
Residential Loans \| Jumbo Loans \| Sequoia Choice \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 0		$ 0		$ 0
Residential Loans \| Financing Receivables, Equal to Greater than 90 Days Past Due
Mortgage Loans on Real Estate [Line Items]
Number of loans past due (in loans) \| loan	0		0		0
Residential loans, at lower of cost or fair value
Mortgage Loans on Real Estate [Line Items]
Number of loans (in loans) \| loan			6		7
Loan Principal	$ 1,000,000		$ 1,000,000		$ 2,000,000
Loan market valuation adjustment	$ 1,000,000		$ 1,000,000		1,000,000
Number of loans in foreclosure (in loans) \| loan	0		0
Residential loans, at lower of cost or fair value \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 1,087,000		$ 1,087,000		1,206,000
Residential loans, at lower of cost or fair value \| Redwood \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	1,087,000		1,087,000		1,206,000
Residential loans, at lower of cost or fair value \| Legacy Sequoia \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	0		0		0
Residential loans, at lower of cost or fair value \| Sequoia Choice \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 0		$ 0		$ 0
Residential loans, at lower of cost or fair value \| Financing Receivables, Equal to Greater than 90 Days Past Due
Mortgage Loans on Real Estate [Line Items]
Number of loans past due (in loans) \| loan	1		1		1
Loans held-for-investment, delinquent greater than 90 days	$ 300,000		$ 300,000		$ 300,000
Residential Loans Held For Investment at Fair Value
Mortgage Loans on Real Estate [Line Items]
Number of loans (in loans) \| loan			3,081		3,068
Loan Principal	2,230,000,000		$ 2,230,000,000		$ 2,230,000,000
Loan market valuation adjustment					$ 2,260,000,000
Gain (loss) on assets measured at fair value on a non-recurring basis	3,000,000	(1,000,000)	9,000,000	22,000,000
Number of loans in foreclosure (in loans) \| loan					0
Transfers from loans held-for-sale to loans held-for-investment	78,000,000	152,000,000	326,000,000	878,000,000
Transfers from loans held-for-investment to loans held-for-sale	$ 98,000,000	0	$ 500,000	56,000,000
Weighted average original Fair Isaac Corporation (FICO) score	772		772
Weighted average original loan-to-value (LTV) (as a percent)	65.00%		65.00%
Percentage of fixed-rate loans (as a percent)	94.00%		94.00%
Residential Loans Held For Investment at Fair Value \| Originated Between 2013 and 2017
Mortgage Loans on Real Estate [Line Items]
Percentage of loan portfolio originated in year (as a percent)	95.00%		95.00%
Residential Loans Held For Investment at Fair Value \| Originated 2012 and prior years
Mortgage Loans on Real Estate [Line Items]
Percentage of loan portfolio originated in year (as a percent)	5.00%		5.00%
Residential Loans Held For Investment at Fair Value \| Hybrid loans
Mortgage Loans on Real Estate [Line Items]
Weighted average coupon rate (as a percent)	4.00%		4.00%
Residential Loans Held For Investment at Fair Value \| Legacy Sequoia
Mortgage Loans on Real Estate [Line Items]
Number of loans (in loans) \| loan			3,308		3,735
Loan Principal	$ 738,000,000		$ 738,000,000		$ 887,000,000
Loan market valuation adjustment	673,000,000		673,000,000		792,000,000
Loans held-for-investment, delinquent greater than 90 days	$ 14,000,000		$ 14,000,000		19,000,000
Weighted average original Fair Isaac Corporation (FICO) score	728		728
Weighted average original loan-to-value (LTV) (as a percent)	66.00%		66.00%
Loans held-for-investment, in foreclosure	$ 12,000,000		$ 12,000,000		$ 11,000,000
Valuation adjustment gain (loss)	4,000,000	$ 9,000,000	$ 24,000,000	$ (19,000,000)
Residential Loans Held For Investment at Fair Value \| Sequoia Choice
Mortgage Loans on Real Estate [Line Items]
Number of loans (in loans) \| loan			409		0
Loan Principal	308,000,000		$ 308,000,000
Loan market valuation adjustment	317,000,000		317,000,000
Loans held-for-investment, delinquent greater than 90 days	0		0
Transfers from loans held-for-investment to loans held-for-sale	$ 318,000,000		$ 318,000,000
Weighted average original Fair Isaac Corporation (FICO) score	744		744
Weighted average original loan-to-value (LTV) (as a percent)	75.00%		75.00%
Valuation adjustment gain (loss)	$ (1,000,000)		$ (1,000,000)
Residential Loans Held For Investment at Fair Value \| Jumbo Loans \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	3,259,239,000		3,259,239,000		$ 3,052,652,000
Residential Loans Held For Investment at Fair Value \| Jumbo Loans \| Redwood \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	2,268,802,000		2,268,802,000		2,261,016,000
Residential Loans Held For Investment at Fair Value \| Jumbo Loans \| Legacy Sequoia \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	673,134,000		673,134,000		791,636,000
Residential Loans Held For Investment at Fair Value \| Jumbo Loans \| Sequoia Choice \| Held-for-sale residential loans
Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 317,303,000		$ 317,303,000		0
Residential Loans Held For Investment at Fair Value \| Financing Receivables, Equal to Greater than 90 Days Past Due
Mortgage Loans on Real Estate [Line Items]
Loan Principal					$ 200,000
Number of loans past due (in loans) \| loan	0		0		1
MSRs
Mortgage Loans on Real Estate [Line Items]
Mortgage servicing rights, at amortized cost	$ 2,410,000,000		$ 2,410,000,000