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Fair Value of Financial Instruments - Market Valuation Adjustments, Net (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total Market Valuation Gains, Net | $ 8,536 | $ 15,614 | $ 34,136 | $ 30,743
Mortgage Banking Activities, Net |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | 9,514 | 10,880 | 35,752 | 28,277
Mortgage Banking Activities, Net | Residential Loans |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | 6,122 | 5,784 | 10,896 | 14,316
Mortgage Banking Activities, Net | Residential loan purchase and forward sale commitments |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | (2,758) | 10,406 | (9,726) | 20,671
Mortgage Banking Activities, Net | Risk management derivatives, net |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | 6,150 | (5,310) | 34,582 | (6,710)
Investment Fair Value Changes, Net |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | 889 | 8,115 | 2,498 | 9,666
Investment Fair Value Changes, Net | Risk management derivatives, net |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | 16,742 | (17,838) | 60,524 | (22,965)
Investment Fair Value Changes, Net | Residential loans held-for-investment, at Redwood |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | (15,010) | 8,354 | (53,995) | 6,021
Investment Fair Value Changes, Net | Trading securities |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | (930) | 18,926 | (3,885) | 30,069
Investment Fair Value Changes, Net | Valuation adjustments on commercial loans held-for-sale |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | 0 | 300 | 0 | 300
Investment Fair Value Changes, Net | Legacy Sequoia |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | (720) | (987) | (728) | (2,797)
Investment Fair Value Changes, Net | Sequoia Choice |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | 1,072 | 0 | 986 | 0
Investment Fair Value Changes, Net | Risk-sharing investments |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | (209) | (513) | (348) | (718)
Investment Fair Value Changes, Net | Impairments on AFS securities |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Market valuations gains and losses, net | (56) | (127) | (56) | (244)
Other Income, Net |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total other income, net | (1,867) | (3,381) | (4,114) | (7,200)
Other Income, Net | Risk management derivatives, net |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total other income, net | (1,122) | 3,040 | (6,261) | 2,291
Other Income, Net | MSRs |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Total other income, net | $ (745) | $ (6,421) | $ 2,147 | $ (9,491)

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- Definition The aggregate net change in market value for certain assets and liabilities that was included in earnings for the period. This includes changes in market values for assets and liabilities accounted for at fair value, as well as the credit portion of other-than-temporary impairments on securities available for sale, impairments on loans held-for-sale and real estate owned. + References No definition available. + Details
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