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Business Purpose Residential Loans - Product Types and Characteristics of Business Purpose Loans (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2019
USD ($)
loan
Dec. 31, 2018
USD ($)
loan
Dec. 31, 2019
USD ($)
loan
Dec. 31, 2018
USD ($)
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Number of Loans | loan     669 1,484
Total Principal $ 524,928 $ 1,034,284 $ 524,928 $ 1,034,284
30-89 Days DQ 1,650 559 1,650 559
90 Days DQ $ 747 $ 747 $ 747 $ 747
Single-family rental loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Number of Loans | loan 201 11 201 11
Total Principal $ 321,636 $ 27,566 $ 321,636 $ 27,566
30-89 Days DQ 0 0 0 0
90 Days DQ 1,818 0 1,818 0
Single-family rental loans | $0 to $250        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 0   0  
Loan Balance, maximum 250   $ 250  
Number of Loans | loan     85  
Total Principal 10,506   $ 10,506  
30-89 Days DQ 0   0  
90 Days DQ 130   $ 130  
Single-family rental loans | $0 to $250 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     5.50%  
Single-family rental loans | $0 to $250 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     7.63%  
Single-family rental loans | $251 to $500        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 251 251 $ 251 251
Loan Balance, maximum 500 500 $ 500 $ 500
Number of Loans | loan     9 2
Total Principal 3,708 787 $ 3,708 $ 787
30-89 Days DQ 0 0 0 0
90 Days DQ 0 0 $ 0 $ 0
Single-family rental loans | $251 to $500 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.94% 6.79%
Single-family rental loans | $251 to $500 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     6.00% 7.47%
Single-family rental loans | $501 to $750        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 501 501 $ 501 $ 501
Loan Balance, maximum 750 750 $ 750 $ 750
Number of Loans | loan     21 2
Total Principal 13,335 1,252 $ 13,335 $ 1,252
30-89 Days DQ 0 0 0 0
90 Days DQ 0 0 $ 0 $ 0
Single-family rental loans | $501 to $750 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.55% 6.12%
Single-family rental loans | $501 to $750 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     5.96% 7.25%
Single-family rental loans | $751 to $1,000        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 751 751 $ 751 $ 751
Loan Balance, maximum 1,000 1,000 $ 1,000 $ 1,000
Number of Loans | loan     13 3
Total Principal 11,676 2,488 $ 11,676 $ 2,488
30-89 Days DQ 0 0 0 0
90 Days DQ 0 0 $ 0 $ 0
Single-family rental loans | $751 to $1,000 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     5.00% 5.91%
Single-family rental loans | $751 to $1,000 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     5.93% 6.58%
Single-family rental loans | Over $1,000        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, maximum 1,000 1,000 $ 1,000 $ 1,000
Number of Loans | loan     73 4
Total Principal 282,411 23,039 $ 282,411 $ 23,039
30-89 Days DQ 0 0 0 0
90 Days DQ $ 1,688 $ 0 $ 1,688 $ 0
Single-family rental loans | Over $1,000 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.35% 5.62%
Single-family rental loans | Over $1,000 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     6.28% 6.94%
Residential bridge loans held-for-investment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Number of Loans | loan 2,653 157 2,653 157
Total Principal $ 741,232 $ 112,360 $ 741,232 $ 112,360
30-89 Days DQ 39,553 4,991 39,553 4,991
90 Days DQ 8,989 12,134 8,989 12,134
Residential bridge loans held-for-investment | $0 to $250        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 0 0 0 0
Loan Balance, maximum 250 250 $ 250 $ 250
Number of Loans | loan     2,207 50
Total Principal 197,449 7,941 $ 197,449 $ 7,941
30-89 Days DQ 1,447 262 1,447 262
90 Days DQ 369 695 $ 369 $ 695
Residential bridge loans held-for-investment | $0 to $250 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     6.53% 8.00%
Residential bridge loans held-for-investment | $0 to $250 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     12.00% 12.00%
Residential bridge loans held-for-investment | $251 to $500        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 251 251 $ 251 $ 251
Loan Balance, maximum 500 500 $ 500 $ 500
Number of Loans | loan     198 38
Total Principal 71,361 13,297 $ 71,361 $ 13,297
30-89 Days DQ 2,811 636 2,811 636
90 Days DQ 675 469 $ 675 $ 469
Residential bridge loans held-for-investment | $251 to $500 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     6.99% 8.00%
Residential bridge loans held-for-investment | $251 to $500 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     13.00% 10.00%
Residential bridge loans held-for-investment | $501 to $750        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 501 501 $ 501 $ 501
Loan Balance, maximum 750 750 $ 750 $ 750
Number of Loans | loan     71 21
Total Principal 42,862 12,410 $ 42,862 $ 12,410
30-89 Days DQ 2,072 1,769 2,072 1,769
90 Days DQ 508 0 $ 508 $ 0
Residential bridge loans held-for-investment | $501 to $750 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     6.99% 7.50%
Residential bridge loans held-for-investment | $501 to $750 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     9.99% 10.00%
Residential bridge loans held-for-investment | $751 to $1,000        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 751 751 $ 751 $ 751
Loan Balance, maximum 1,000 1,000 $ 1,000 $ 1,000
Number of Loans | loan     40 19
Total Principal 34,646 16,937 $ 34,646 $ 16,937
30-89 Days DQ 1,771 840 1,771 840
90 Days DQ 2,443 0 $ 2,443 $ 0
Residential bridge loans held-for-investment | $751 to $1,000 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     7.28% 7.50%
Residential bridge loans held-for-investment | $751 to $1,000 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     10.00% 10.00%
Residential bridge loans held-for-investment | Over $1,000        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, maximum 1,000 1,000 $ 1,000 $ 1,000
Number of Loans | loan     137 29
Total Principal 394,914 61,775 $ 394,914 $ 61,775
30-89 Days DQ 31,452 1,484 31,452 1,484
90 Days DQ $ 4,994 $ 10,970 $ 4,994 $ 10,970
Residential bridge loans held-for-investment | Over $1,000 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     5.79% 8.00%
Residential bridge loans held-for-investment | Over $1,000 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     10.25% 10.00%
Redwood | Single-family rental loans held-for-investment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Number of Loans | loan 107   107  
Total Principal $ 231,211   $ 231,211  
30-89 Days DQ 0   0  
90 Days DQ 0   0  
Redwood | Single-family rental loans held-for-investment | $251 to $500        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 251   251  
Loan Balance, maximum 500   $ 500  
Number of Loans | loan     20  
Total Principal 7,925   $ 7,925  
30-89 Days DQ 0   0  
90 Days DQ 0   $ 0  
Redwood | Single-family rental loans held-for-investment | $251 to $500 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.88%  
Redwood | Single-family rental loans held-for-investment | $251 to $500 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     7.47%  
Redwood | Single-family rental loans held-for-investment | $501 to $750        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 501   $ 501  
Loan Balance, maximum 750   $ 750  
Number of Loans | loan     26  
Total Principal 15,620   $ 15,620  
30-89 Days DQ 0   0  
90 Days DQ 0   $ 0  
Redwood | Single-family rental loans held-for-investment | $501 to $750 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.45%  
Redwood | Single-family rental loans held-for-investment | $501 to $750 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     7.25%  
Redwood | Single-family rental loans held-for-investment | $751 to $1,000        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 751   $ 751  
Loan Balance, maximum 1,000   $ 1,000  
Number of Loans | loan     16  
Total Principal 13,616   $ 13,616  
30-89 Days DQ 0   0  
90 Days DQ 0   $ 0  
Redwood | Single-family rental loans held-for-investment | $751 to $1,000 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.91%  
Redwood | Single-family rental loans held-for-investment | $751 to $1,000 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     6.58%  
Redwood | Single-family rental loans held-for-investment | Over $1,000        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, maximum 1,000   $ 1,000  
Number of Loans | loan     45  
Total Principal 194,050   $ 194,050  
30-89 Days DQ 0   0  
90 Days DQ $ 0   $ 0  
Redwood | Single-family rental loans held-for-investment | Over $1,000 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     3.93%  
Redwood | Single-family rental loans held-for-investment | Over $1,000 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     6.94%  
CAFL | Single-family rental loans held-for-investment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Number of Loans | loan 783   783  
Total Principal $ 2,078,214   $ 2,078,214  
30-89 Days DQ 22,771   22,771  
90 Days DQ 29,039   29,039  
CAFL | Single-family rental loans held-for-investment | $0 to $250        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 0   0  
Loan Balance, maximum 250   $ 250  
Number of Loans | loan     2  
Total Principal 398   $ 398  
30-89 Days DQ 0   0  
90 Days DQ 0   $ 0  
CAFL | Single-family rental loans held-for-investment | $0 to $250 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     5.46%  
CAFL | Single-family rental loans held-for-investment | $0 to $250 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     5.80%  
CAFL | Single-family rental loans held-for-investment | $251 to $500        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 251   $ 251  
Loan Balance, maximum 500   $ 500  
Number of Loans | loan     56  
Total Principal 25,643   $ 25,643  
30-89 Days DQ 1,306   1,306  
90 Days DQ 0   $ 0  
CAFL | Single-family rental loans held-for-investment | $251 to $500 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.92%  
CAFL | Single-family rental loans held-for-investment | $251 to $500 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     7.05%  
CAFL | Single-family rental loans held-for-investment | $501 to $750        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 501   $ 501  
Loan Balance, maximum 750   $ 750  
Number of Loans | loan     148  
Total Principal 91,414   $ 91,414  
30-89 Days DQ 1,259   1,259  
90 Days DQ 1,990   $ 1,990  
CAFL | Single-family rental loans held-for-investment | $501 to $750 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.75%  
CAFL | Single-family rental loans held-for-investment | $501 to $750 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     7.31%  
CAFL | Single-family rental loans held-for-investment | $751 to $1,000        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, minimum 751   $ 751  
Loan Balance, maximum 1,000   $ 1,000  
Number of Loans | loan     98  
Total Principal 85,472   $ 85,472  
30-89 Days DQ 1,639   1,639  
90 Days DQ 879   $ 879  
CAFL | Single-family rental loans held-for-investment | $751 to $1,000 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.62%  
CAFL | Single-family rental loans held-for-investment | $751 to $1,000 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     7.23%  
CAFL | Single-family rental loans held-for-investment | Over $1,000        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Loan Balance, maximum 1,000   $ 1,000  
Number of Loans | loan     479  
Total Principal 1,875,287   $ 1,875,287  
30-89 Days DQ 18,567   18,567  
90 Days DQ $ 26,170   $ 26,170  
CAFL | Single-family rental loans held-for-investment | Over $1,000 | Minimum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     4.31%  
CAFL | Single-family rental loans held-for-investment | Over $1,000 | Maximum        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest Rate     7.57%