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Fair Value of Financial Instruments - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2018
USD ($)
ABS Issued  
Liabilities  
Beginning balance $ 1,164,585
Acquisitions 2,539,451
Sales 0
Principal paydowns (305,529)
Gains (losses) in net income, net 8,478
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 3,406,985
Residential Loans  
Assets  
Beginning balance 5,114,317
Acquisitions 5,570,683
Sales (4,135,911)
Principal paydowns (587,162)
Gains (losses) in net income, net (37,641)
Unrealized losses in OCI, net 0
Other settlements, net (2,140)
Ending balance 5,922,146
Business purpose loans, at fair value  
Assets  
Beginning balance 0
Acquisitions 126,214
Sales 0
Principal paydowns (10,912)
Gains (losses) in net income, net 318
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 115,620
Multifamily loans, held-for-investment, at fair value  
Assets  
Beginning balance 0
Acquisitions 946,650
Sales 0
Principal paydowns (286)
Gains (losses) in net income, net (4,199)
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 942,165
Trading securities  
Assets  
Beginning balance 968,844
Acquisitions 522,293
Sales (348,054)
Principal paydowns (25,847)
Gains (losses) in net income, net 2,098
Unrealized losses in OCI, net 0
Other settlements, net (11,091)
Ending balance 1,108,243
AFS Securities  
Assets  
Beginning balance 507,666
Acquisitions 6,728
Sales (118,423)
Principal paydowns (35,431)
Gains (losses) in net income, net 32,494
Unrealized losses in OCI, net (31,193)
Other settlements, net 0
Ending balance 361,841
MSRs  
Assets  
Beginning balance 63,598
Acquisitions 0
Sales (1,077)
Principal paydowns 0
Gains (losses) in net income, net 1,264
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 63,785
Guarantee Asset  
Assets  
Beginning balance 2,869
Acquisitions 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net 16
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 2,885
Derivatives  
Assets  
Beginning balance 1,714
Acquisitions 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net (8,093)
Unrealized losses in OCI, net 0
Other settlements, net 6,162
Ending balance $ (217)