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.

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No definition available.

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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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- Definition

Financing Receivable, Number Of Loans Past Due

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No definition available.

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- Definition

Financing Receivables, Weighted Average Interest Rate

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- Definition

Loans And Leases Receivable, Delinquent Or In Foreclosure

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No definition available.

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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

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No definition available.

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- Definition

Principal Balance of Loans Acquired During Period

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No definition available.

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- Definition

Principal Balance of Loans Sold During Period

+ References

No definition available.

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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

Number of mortgage loans within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Footnote 3
-Subsection 29

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 948
-SubTopic 310
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-29(Footnote 3))
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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.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
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- Definition

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

Amount of increase (decrease) in investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
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-SubTopic 310
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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)			12 Months Ended
Residential Loans - Additional Information (Details)	Dec. 31, 2019 USD ($) loan	Dec. 31, 2018 USD ($) loan	Dec. 31, 2019 USD ($) loan	Dec. 31, 2018 USD ($) loan	Dec. 31, 2017 USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of Loans \| loan			669	1,484
Total Principal	$ 524,928,000	$ 1,034,284,000	$ 524,928,000	$ 1,034,284,000
Transfers from loans held-for-sale to loans held-for-investment			1,801,560,000	2,062,809,000	$ 1,245,430,000
Transfers from loans held-for-investment to loans held-for-sale			22,808,000	15,717,000	$ 98,854,000
Sequoia Choice
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loans held as assets amount in foreclosure	0		0
Held-for sale residential loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	7,714,850,000	7,254,742,000	7,714,850,000	7,254,742,000
Held-for sale residential loans \| Legacy Sequoia
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	407,890,000	519,958,000	407,890,000	519,958,000
Held-for sale residential loans \| Sequoia Choice
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	2,291,463,000	2,079,382,000	2,291,463,000	2,079,382,000
Held-for sale residential loans \| Freddie Mac SLST
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 2,367,215,000	1,222,669,000	$ 2,367,215,000	1,222,669,000
Redwood \| Fixed rate residential mortgage
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Weighted average rate on loans	4.14%		4.14%
Redwood \| Held-for sale residential loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 2,648,282,000	$ 3,432,733,000	$ 2,648,282,000	3,432,733,000
Residential Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of Loans \| loan	669	1,484
Total Principal	$ 525,000,000	$ 1,030,000,000.00	525,000,000	1,030,000,000.00
Loan market valuation adjustment	$ 536,000,000	$ 1,050,000,000.00	$ 536,000,000	$ 1,050,000,000.00
Number of loans in foreclosure \| loan	0	0	0	0
Principal value			$ 5,730,000,000	$ 7,070,000,000.00
Principal balance of loans sold during period			6,070,000,000.00	7,110,000,000
Valuation adjustments			3,000,000	23,000,000
Loan pledged as collateral	$ 201,949,000	$ 935,132,000	201,949,000	$ 935,132,000
Loans held as assets amount in foreclosure	$ 2,000,000		$ 2,000,000
Residential Loans \| Financing Receivables, Equal to Greater than 90 Days Past Due
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of loans past due \| loan	1	1	1	1
Aggregate fair value, delinquent or in foreclosure	$ 600,000	$ 600,000	$ 600,000	$ 600,000
Loans held as assets, 90 days or more past due	$ 700,000	$ 700,000	700,000	700,000
At lower of cost or fair value
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of Loans \| loan		2
Total Principal		$ 100,000		100,000
Loan market valuation adjustment		100,000		100,000
Loans held as assets, 90 days or more past due		$ 0		$ 0
Number of loans in foreclosure \| loan		0		0
At lower of cost or fair value \| Financing Receivables, Equal to Greater than 90 Days Past Due
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of loans past due \| loan		0		0
Residential loans, held-for-investment \| Legacy Sequoia
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Valuation adjustments			5,000,000
Residential loans, held-for-investment \| Sequoia Choice
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Transfers from loans held-for-sale to loans held-for-investment			1,080,000,000.00
Residential loans, held-for-investment \| Legacy Sequoia
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of Loans \| loan	2,198	2,641
Total Principal	$ 425,000,000	$ 545,000,000	425,000,000	$ 545,000,000
Loan market valuation adjustment	408,000,000	520,000,000	408,000,000	520,000,000
Loans held as assets, 90 days or more past due	$ 10,000,000	14,000,000	$ 10,000,000	14,000,000
FICO credit score	727		727
Loan to value ratio	65.00%		65.00%
Loans held as assets amount in foreclosure	$ 4,000,000	$ 5,000,000	$ 4,000,000	5,000,000
Valuation adjustments				37,000,000
Residential loans, held-for-investment \| Sequoia Choice
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of Loans \| loan	3,156	2,800
Total Principal	$ 2,240,000,000	$ 2,040,000,000.00	2,240,000,000	2,040,000,000.00
Loan market valuation adjustment	$ 2,290,000,000	$ 2,080,000,000.00	$ 2,290,000,000	$ 2,080,000,000.00
Number of loans in foreclosure \| loan	3	0	3	0
FICO credit score	744		744
Loan to value ratio	75.00%		75.00%
Loans held as assets amount in foreclosure	$ 2,000,000		$ 2,000,000
Valuation adjustments			(15,000,000)	$ (13,000,000)
Residential loans, held-for-investment \| Sequoia Choice \| Sequoia Choice
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Transfers from loans held-for-investment to loans held-for-sale				1,780,000,000
Residential loans, held-for-investment \| Freddie Mac SLST
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of Loans \| loan	14,502	7,900
Total Principal	$ 2,430,000,000	$ 1,310,000,000	2,430,000,000	1,310,000,000
Loan market valuation adjustment	$ 2,370,000,000	$ 1,220,000,000	$ 2,370,000,000	$ 1,220,000,000
Number of loans in foreclosure \| loan	208	0	208	0
FICO credit score	600		600
Loan to value ratio	73.00%		73.00%
Loans held as assets amount in foreclosure	$ 33,000,000		$ 33,000,000
Valuation adjustments			64,000,000	$ 21,000,000
Residential loans, held-for-investment \| Redwood
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of Loans \| loan	2,940			3,296
Total Principal	$ 2,050,000,000.00	$ 2,390,000,000	2,050,000,000.00	$ 2,390,000,000
Loan market valuation adjustment	$ 2,110,000,000	$ 2,380,000,000	$ 2,110,000,000	$ 2,380,000,000
Number of loans in foreclosure \| loan	0	0	0	0
Valuation adjustments			$ 59,000,000	$ (30,000,000)
Transfers from loans held-for-sale to loans held-for-investment			69,000,000	286,000,000
Transfers from loans held-for-investment to loans held-for-sale			$ 23,000,000	16,000,000
FICO credit score	768		768
Loan to value ratio	66.00%		66.00%
Percentage of loans with fixed interest rate	89.00%		89.00%
Residential loans, held-for-investment \| Redwood \| Originated Between 2013 and 2017
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Percentage of loan portfolio	96.00%		96.00%
Residential loans, held-for-investment \| Redwood \| Originated In 2012 And Prior Years
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Percentage of loan portfolio	4.00%		4.00%
Residential loans, held-for-investment \| Redwood \| Hybrid or ARM Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Weighted average rate on loans	4.16%		4.16%
Residential loans, held-for-investment \| Jumbo Loans \| Held-for sale residential loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 7,178,465,000	$ 6,205,941,000	$ 7,178,465,000	6,205,941,000
Residential loans, held-for-investment \| Jumbo Loans \| Held-for sale residential loans \| Legacy Sequoia
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	407,890,000	519,958,000	407,890,000	519,958,000
Residential loans, held-for-investment \| Jumbo Loans \| Held-for sale residential loans \| Sequoia Choice
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	2,291,463,000	2,079,382,000	2,291,463,000	2,079,382,000
Residential loans, held-for-investment \| Jumbo Loans \| Held-for sale residential loans \| Freddie Mac SLST
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	2,367,215,000	1,222,669,000	2,367,215,000	1,222,669,000
Residential loans, held-for-investment \| Jumbo Loans \| Redwood \| Held-for sale residential loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Loan market valuation adjustment	$ 2,111,897,000	$ 2,383,932,000	$ 2,111,897,000	$ 2,383,932,000
Residential loans, held-for-investment \| Financing Receivables, Equal to Greater than 90 Days Past Due \| Sequoia Choice
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of loans past due \| loan	9	3	9	3
Loans held as assets, 90 days or more past due	$ 7,000,000	$ 2,000,000	$ 7,000,000	$ 2,000,000
Residential loans, held-for-investment \| Financing Receivables, Equal to Greater than 90 Days Past Due \| Freddie Mac SLST
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Number of loans past due \| loan	587	306	587	306
Loans held as assets, 90 days or more past due	$ 135,000,000	$ 51,000,000	$ 135,000,000	$ 51,000,000
Residential loans, held-for-investment \| Financing Receivables, Equal to Greater than 90 Days Past Due \| Redwood
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Total Principal	$ 1,000,000	$ 1,000,000	$ 1,000,000	$ 1,000,000
Number of loans past due \| loan	2	2	2	2
Loans held as assets, 90 days or more past due	$ 2,000,000		$ 2,000,000
MSRs
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Mortgage servicing rights	2,030,000,000.00		2,030,000,000.00
Residential Real Estate \| Redwood \| Held-for sale residential loans \| FHLB Chicago
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Residential mortgage loans securing FHLB advances	$ 2,100,000,000		$ 2,100,000,000