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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, 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 546
Other settlements, net 0
Ending Balance - September 30, 2019 25,167
ABS Issued  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2018 5,410,073
Acquisitions 3,423,561
Principal paydowns (718,293)
Gains (losses) in net income, net 230,710
Other settlements, net 0
Ending Balance - September 30, 2019 8,346,051
Residential Loans  
Assets  
Beginning balance 7,254,631
Acquisitions 5,257,800
Originations 0
Sales (2,941,592)
Principal paydowns (1,068,878)
Gains (losses) in net income, net 179,964
Unrealized losses in OCI, net 0
Other settlements, net (229)
Ending balance 8,681,696
Business purpose residential loans  
Assets  
Beginning balance 141,258
Acquisitions 29,093
Originations 296,955
Sales (46,855)
Principal paydowns (84,410)
Gains (losses) in net income, net 4,990
Unrealized losses in OCI, net 0
Other settlements, net (4,996)
Ending balance 336,035
Multifamily loans  
Assets  
Beginning balance 2,144,598
Acquisitions 1,481,554
Originations 0
Sales 0
Principal paydowns (12,904)
Gains (losses) in net income, net 178,374
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 3,791,622
Trading securities  
Assets  
Beginning balance 1,118,612
Acquisitions 296,484
Originations 0
Sales (418,168)
Principal paydowns (33,730)
Gains (losses) in net income, net 55,538
Unrealized losses in OCI, net 0
Other settlements, net (4,951)
Ending balance 1,013,785
AFS Securities  
Assets  
Beginning balance 333,882
Acquisitions 21,115
Originations 0
Sales (82,384)
Principal paydowns (28,981)
Gains (losses) in net income, net 24,052
Unrealized losses in OCI, net 3,957
Other settlements, net 0
Ending balance 271,641
Servicer Advance Investments  
Assets  
Beginning balance 300,468
Acquisitions 69,610
Originations 0
Sales 0
Principal paydowns (150,512)
Gains (losses) in net income, net 3,025
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 222,591
MSRs  
Assets  
Beginning balance 60,281
Acquisitions 868
Originations 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net (21,312)
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 39,837
Excess MSRs  
Assets  
Beginning balance 27,312
Acquisitions 7,762
Originations 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net (2,137)
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 32,937
Shared Home Appreciation Options  
Assets  
Beginning balance 0
Acquisitions 11,343
Originations 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net 29
Unrealized losses in OCI, net 0
Other settlements, net 0
Ending balance 11,372
Shared Home Appreciation Options  
Assets  
Beginning balance 2,618
Acquisitions 0
Principal paydowns 0
Gains (losses) in net income, net (834)
Other settlements, net 0
Ending balance 1,784
Derivatives  
Assets  
Beginning balance 2,181
Acquisitions 0
Principal paydowns 0
Gains (losses) in net income, net 42,415
Other settlements, net (41,508)
Ending balance $ 3,088