XML 162 R148.htm IDEA: XBRL DOCUMENT v3.22.0.1
Segment Information - Financial Information by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Segment Reporting Information [Line Items]        
Interest income   $ 574,926 $ 571,916 $ 622,281
Interest expense   (426,749) (448,005) (479,808)
Net Interest Income   148,177 123,911 142,473
Non-interest income        
Mortgage banking activities, net   235,744 78,472 87,266
Investment fair value changes, net   128,049 (588,438) 35,500
Other income, net   12,018 4,188 19,257
Realized gains, net   17,993 30,424 23,821
Total non-interest income (loss), net   393,804 (475,354) 165,844
General and administrative expenses       (108,737)
General and administrative expenses   (170,859) (115,204) (108,737)
Loan acquisition costs   (16,336) (11,023) (9,935)
Loan acquisition costs       (9,935)
Other expense       (13,022)
Other expenses   (16,695) (108,785) (13,022)
Provision for income taxes   (18,478) 4,608 (7,440)
Net Income (Loss)   319,613 (581,847) 169,183
Non-cash amortization (expense) income, net   (45,193) (25,324) (3,361)
Other significant non-cash expense: goodwill impairment $ (89,000) 0 (88,675) 0
Operating Segments | Residential Mortgage Banking        
Segment Reporting Information [Line Items]        
Interest income   48,953 17,839 40,901
Interest expense   (26,963) (11,978) (21,503)
Net Interest Income   21,990 5,861 19,398
Non-interest income        
Mortgage banking activities, net   127,151 3,721 47,743
Investment fair value changes, net   0 0 (1)
Other income, net   0 0 0
Realized gains, net   0 0 0
Total non-interest income (loss), net   127,151 3,721 47,742
General and administrative expenses       (21,724)
General and administrative expenses   (33,574) (16,297)  
Loan acquisition costs   (7,480) (2,727)  
Loan acquisition costs       (3,954)
Other expense       0
Other expenses   104 (4,114)  
Provision for income taxes   (25,777) 4,567 (4,074)
Net Income (Loss)   82,414 (8,989) 37,388
Non-cash amortization (expense) income, net   (82) (662) (97)
Other significant non-cash expense: goodwill impairment     0  
Operating Segments | Business Purpose Mortgage Banking        
Segment Reporting Information [Line Items]        
Interest income   14,054 19,200 8,212
Interest expense   (7,230) (13,145) (4,972)
Net Interest Income   6,824 6,055 3,240
Non-interest income        
Mortgage banking activities, net   108,593 74,622 39,523
Investment fair value changes, net   0 (101) (175)
Other income, net   1,046 3,228 5,139
Realized gains, net   0 0 0
Total non-interest income (loss), net   109,639 77,749 44,487
General and administrative expenses       (24,832)
General and administrative expenses   (46,586) (37,460)  
Loan acquisition costs   (8,100) (5,860)  
Loan acquisition costs       (4,226)
Other expense       (8,521)
Other expenses   (15,127) (104,147)  
Provision for income taxes   (8,122) (4,063) (947)
Net Income (Loss)   38,528 (67,726) 9,201
Non-cash amortization (expense) income, net   (16,452) (18,426) (8,896)
Other significant non-cash expense: goodwill impairment     (88,675)  
Operating Segments | Investment Portfolio        
Segment Reporting Information [Line Items]        
Interest income   507,173 525,741 555,519
Interest expense   (351,635) (375,262) (390,188)
Net Interest Income   155,538 150,479 165,331
Non-interest income        
Mortgage banking activities, net   0 129 0
Investment fair value changes, net   129,614 (586,333) 37,293
Other income, net   10,021 (1,725) 11,407
Realized gains, net   17,993 5,242 23,821
Total non-interest income (loss), net   157,628 (582,687) 72,521
General and administrative expenses       (9,313)
General and administrative expenses   (13,633) (8,547)  
Loan acquisition costs   (752) (2,426)  
Loan acquisition costs       (1,618)
Other expense       (1,106)
Other expenses   (1,689) 194  
Provision for income taxes   (3,862) 4,104 (2,419)
Net Income (Loss)   293,230 (438,883) 223,396
Non-cash amortization (expense) income, net   (20,781) (1,282) 10,445
Other significant non-cash expense: goodwill impairment     0  
Corporate/ Other        
Segment Reporting Information [Line Items]        
Interest income   4,746 9,136 17,649
Interest expense   (40,921) (47,620) (63,145)
Net Interest Income   (36,175) (38,484) (45,496)
Non-interest income        
Mortgage banking activities, net   0 0 0
Investment fair value changes, net   (1,565) (2,004) (1,617)
Other income, net   951 2,685 2,711
Realized gains, net   0 25,182 0
Total non-interest income (loss), net   (614) 25,863 1,094
General and administrative expenses       (52,868)
General and administrative expenses   (77,066) (52,900) (52,868)
Loan acquisition costs   (4) (10) (137)
Loan acquisition costs       (137)
Other expense       (3,395)
Other expenses   17 (718) (3,395)
Provision for income taxes   19,283 0 0
Net Income (Loss)   (94,559) (66,249) (100,802)
Non-cash amortization (expense) income, net   $ (7,878) (4,954) $ (4,813)
Other significant non-cash expense: goodwill impairment     $ 0