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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
3 Months Ended
Mar. 31, 2019
USD ($)
Contingent Consideration  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2018 $ 0
Acquisitions 24,621
Principal paydowns 0
Gains (losses) in net income, net 0
Other settlements, net 0
Ending Balance - March 31, 2019 24,621
ABS Issued  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2018 5,410,073
Acquisitions 330,535
Principal paydowns (163,146)
Gains (losses) in net income, net 60,182
Other settlements, net 0
Ending Balance - March 31, 2019 5,637,644
Residential Loans  
Assets  
Beginning balance 7,254,631
Acquisitions 1,022,198
Originations 0
Sales (833,078)
Principal paydowns (240,406)
Gains (losses) in net income, net 70,833
Unrealized losses in OCI, net 0
Other settlements, net 13
Ending balance 7,274,191
Business purpose residential loans, at fair value  
Assets  
Beginning balance 141,258
Acquisitions 29,093
Originations 35,968
Sales (20,590)
Principal paydowns (20,992)
Gains (losses) in net income, net 871
Unrealized losses in OCI, net 0
Other settlements, net (4,996)
Ending balance 160,612
Multifamily loans, held-for-investment, at fair value  
Assets  
Beginning balance 2,144,598
Acquisitions 0
Originations 0
Sales 0
Principal paydowns (3,071)
Gains (losses) in net income, net 34,372
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 2,175,899
Trading securities  
Assets  
Beginning balance 1,118,612
Acquisitions 152,587
Originations 0
Sales (32,002)
Principal paydowns (5,832)
Gains (losses) in net income, net 21,859
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 1,255,224
AFS Securities  
Assets  
Beginning balance 333,882
Acquisitions 4,885
Originations 0
Sales (42,016)
Principal paydowns (18,666)
Gains (losses) in net income, net 12,616
Unrealized losses in OCI, net (2,773)
Other settlements, net 0
Ending balance 287,928
Servicer Advance Investments  
Assets  
Beginning balance 300,468
Acquisitions 68,976
Originations 0
Sales 0
Principal paydowns (66,532)
Gains (losses) in net income, net 1,008
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 303,920
MSRs  
Assets  
Beginning balance 60,281
Acquisitions 104
Originations 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net (5,101)
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 55,284
Excess MSRs  
Assets  
Beginning balance 27,312
Acquisitions 2,117
Originations 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net (437)
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 28,992
Guarantee Asset  
Assets  
Beginning balance 2,618
Acquisitions 0
Originations 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net (276)
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 2,342
Derivatives  
Assets  
Beginning balance 2,181
Acquisitions 0
Principal paydowns 0
Gains (losses) in net income, net 11,452
Other settlements, net (9,438)
Ending balance $ 4,195