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Fair Value of Financial Instruments - Quantitative Information about Significant Unobservable Inputs Used in Valuation of Level 3 Assets and Liabilities Measured at Fair Value (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2022
USD ($)
$ / loan
Dec. 31, 2021
USD ($)
Assets    
ABS issued, net, At fair value | $ $ 7,564,312 $ 8,843,147
Variable Interest Entity, Primary Beneficiary | Collateralized Financing Entities | HEI    
Liabilities    
Fair value of securities owned | $ 14,000  
ABS Issued    
Liabilities    
ABS issued | $ $ 3,210,603  
ABS Issued | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement input 0.05  
ABS Issued | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement input 0.24  
ABS Issued | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement input 0.13  
ABS Issued | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0.04  
ABS Issued | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.18  
ABS Issued | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.06  
ABS Issued | Default rate | Minimum    
Liabilities    
ABS issued, measurement input 0  
ABS Issued | Default rate | Maximum    
Liabilities    
ABS issued, measurement input 0.33  
ABS Issued | Default rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.01  
ABS Issued | Loss severity | Minimum    
Liabilities    
ABS issued, measurement input 0.25  
ABS Issued | Loss severity | Maximum    
Liabilities    
ABS issued, measurement input 0.50  
ABS Issued | Loss severity | Weighted Average    
Liabilities    
ABS issued, measurement input 0.32  
CAFL    
Liabilities    
ABS issued | $ $ 2,703,223  
CAFL | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement input 0  
CAFL | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement input 0.03  
CAFL | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement input 0.002  
CAFL | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0.003  
CAFL | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.16  
CAFL | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.06  
CAFL | Default rate | Minimum    
Liabilities    
ABS issued, measurement input 0.04  
CAFL | Default rate | Maximum    
Liabilities    
ABS issued, measurement input 0.21  
CAFL | Default rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.06  
CAFL | Loss severity | Minimum    
Liabilities    
ABS issued, measurement input 0.30  
CAFL | Loss severity | Maximum    
Liabilities    
ABS issued, measurement input 0.40  
CAFL | Loss severity | Weighted Average    
Liabilities    
ABS issued, measurement input 0.30  
Freddie Mac SLST    
Liabilities    
ABS issued | $ $ 1,150,323  
Freddie Mac SLST | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement input 0.06  
Freddie Mac SLST | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement input 0.08  
Freddie Mac SLST | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement input 0.06  
Freddie Mac SLST | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0.05  
Freddie Mac SLST | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.08  
Freddie Mac SLST | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.06  
Freddie Mac SLST | Default rate | Minimum    
Liabilities    
ABS issued, measurement input 0.13  
Freddie Mac SLST | Default rate | Maximum    
Liabilities    
ABS issued, measurement input 0.14  
Freddie Mac SLST | Default rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.14  
Freddie Mac SLST | Loss severity | Minimum    
Liabilities    
ABS issued, measurement input 0.35  
Freddie Mac SLST | Loss severity | Maximum    
Liabilities    
ABS issued, measurement input 0.35  
Freddie Mac SLST | Loss severity | Weighted Average    
Liabilities    
ABS issued, measurement input 0.35  
Freddie Mac K-Series    
Liabilities    
ABS issued | $ $ 395,411  
Freddie Mac K-Series | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0.03  
Freddie Mac K-Series | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.09  
Freddie Mac K-Series | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.05  
Consolidated Point Entities    
Liabilities    
ABS issued | $ $ 104,751  
Consolidated Point Entities | Prepayment rate (annual CPR) | Minimum    
Liabilities    
ABS issued, measurement input 0.20  
Consolidated Point Entities | Prepayment rate (annual CPR) | Maximum    
Liabilities    
ABS issued, measurement input 0.20  
Consolidated Point Entities | Prepayment rate (annual CPR) | Weighted Average    
Liabilities    
ABS issued, measurement input 0.20  
Consolidated Point Entities | Whole loan discount rate | Minimum    
Liabilities    
ABS issued, measurement input 0.09  
Consolidated Point Entities | Whole loan discount rate | Maximum    
Liabilities    
ABS issued, measurement input 0.15  
Consolidated Point Entities | Whole loan discount rate | Weighted Average    
Liabilities    
ABS issued, measurement input 0.10  
Consolidated Point Entities | Home price appreciation | Minimum    
Liabilities    
ABS issued, measurement input (0.07)  
Consolidated Point Entities | Home price appreciation | Maximum    
Liabilities    
ABS issued, measurement input 0.04  
Consolidated Point Entities | Home price appreciation | Weighted Average    
Liabilities    
ABS issued, measurement input 0.03  
Jumbo fixed-rate loans    
Assets    
ABS issued, net, At fair value | $ $ 718,347  
Jumbo fixed-rate loans | Whole loan spread to swap rate | Minimum    
Assets    
Loans held-for-sale, measurement input 0.0201  
Jumbo fixed-rate loans | Whole loan spread to swap rate | Maximum    
Assets    
Loans held-for-sale, measurement input 0.0400  
Jumbo fixed-rate loans | Whole loan spread to swap rate | Weighted Average    
Assets    
Loans held-for-sale, measurement input 0.0202  
Jumbo fixed-rate loans | CRT dollar price | Minimum    
Assets    
Loans held-for-sale, measurement input 92  
Jumbo fixed-rate loans | CRT dollar price | Maximum    
Assets    
Loans held-for-sale, measurement input 92  
Jumbo fixed-rate loans | CRT dollar price | Weighted Average    
Assets    
Loans held-for-sale, measurement input 92  
Jumbo loans committed to sell    
Assets    
Loans receivable, fair value | $ $ 115,883  
Jumbo loans committed to sell | Whole loan committed sales price | Minimum    
Assets    
Loans held-for-sale, measurement input 96  
Jumbo loans committed to sell | Whole loan committed sales price | Maximum    
Assets    
Loans held-for-sale, measurement input 102  
Jumbo loans committed to sell | Whole loan committed sales price | Weighted Average    
Assets    
Loans held-for-sale, measurement input 98  
Legacy Sequoia    
Assets    
Loans receivable, fair value | $ $ 198,160  
Sequoia    
Assets    
Loans receivable, fair value | $ 3,237,170  
Liabilities    
Fair value of securities owned | $ 224,000  
Freddie Mac SLST    
Assets    
Loans receivable, fair value | $ 1,482,964  
Liabilities    
Fair value of securities owned | $ 335,000 445,000
Single-family rental loans    
Assets    
Loans receivable, fair value | $ $ 281,105  
Single-family rental loans | Senior credit spread | Minimum    
Assets    
Loans receivable, measurement input 0.0210  
Single-family rental loans | Senior credit spread | Maximum    
Assets    
Loans receivable, measurement input 0.0210  
Single-family rental loans | Senior credit spread | Weighted Average    
Assets    
Loans receivable, measurement input 0.0210  
Single-family rental loans | Subordinate credit spread | Minimum    
Assets    
Loans receivable, measurement input 0.0275  
Single-family rental loans | Subordinate credit spread | Maximum    
Assets    
Loans receivable, measurement input 0.1025  
Single-family rental loans | Subordinate credit spread | Weighted Average    
Assets    
Loans receivable, measurement input 0.0458  
Single-family rental loans | Senior credit support | Minimum    
Assets    
Loans receivable, measurement input 0.36  
Single-family rental loans | Senior credit support | Maximum    
Assets    
Loans receivable, measurement input 0.36  
Single-family rental loans | Senior credit support | Weighted Average    
Assets    
Loans receivable, measurement input 0.36  
Single-family rental loans | IO discount rate | Minimum    
Assets    
Loans receivable, measurement input 0.08  
Single-family rental loans | IO discount rate | Maximum    
Assets    
Loans receivable, measurement input 0.09  
Single-family rental loans | IO discount rate | Weighted Average    
Assets    
Loans receivable, measurement input 0.08  
Single-family rental loans | Prepayment rate (annual CPR) | Minimum    
Assets    
Loans receivable, measurement input 0.03  
Single-family rental loans | Prepayment rate (annual CPR) | Maximum    
Assets    
Loans receivable, measurement input 0.03  
Single-family rental loans | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Loans receivable, measurement input 0.03  
Single-family rental loans | Whole loan dollar price | Minimum    
Assets    
Loans receivable, measurement input 84  
Single-family rental loans | Whole loan dollar price | Maximum    
Assets    
Loans receivable, measurement input 99  
Single-family rental loans | Whole loan dollar price | Weighted Average    
Assets    
Loans receivable, measurement input 86  
CAFL    
Assets    
Loans receivable, fair value | $ $ 3,018,994  
Liabilities    
Fair value of securities owned | $ 314,000 $ 302,000
Bridge loans    
Assets    
Loans receivable, fair value | $ $ 1,957,119  
Bridge loans | Senior credit spread | Minimum    
Assets    
Loans held-for-investment, measurement input 0.0285  
Bridge loans | Senior credit spread | Maximum    
Assets    
Loans held-for-investment, measurement input 0.0285  
Bridge loans | Senior credit spread | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.0285  
Bridge loans | Subordinate credit spread | Minimum    
Assets    
Loans held-for-investment, measurement input 3.45  
Bridge loans | Subordinate credit spread | Maximum    
Assets    
Loans held-for-investment, measurement input 12  
Bridge loans | Subordinate credit spread | Weighted Average    
Assets    
Loans held-for-investment, measurement input 6.80  
Bridge loans | Senior credit support | Minimum    
Assets    
Loans held-for-investment, measurement input 0.43  
Bridge loans | Senior credit support | Maximum    
Assets    
Loans held-for-investment, measurement input 0.43  
Bridge loans | Senior credit support | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.43  
Bridge loans | Prepayment rate (annual CPR) | Minimum    
Assets    
Loans held-for-investment, measurement input 0  
Bridge loans | Prepayment rate (annual CPR) | Maximum    
Assets    
Loans held-for-investment, measurement input 0  
Bridge loans | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0  
Bridge loans | Whole loan discount rate | Minimum    
Assets    
Loans held-for-investment, measurement input 0.05  
Bridge loans | Whole loan discount rate | Maximum    
Assets    
Loans held-for-investment, measurement input 0.15  
Bridge loans | Whole loan discount rate | Weighted Average    
Assets    
Loans held-for-investment, measurement input 0.09  
Freddie Mac K-Series    
Assets    
Loans receivable, fair value | $ $ 427,458  
Liabilities    
Fair value of securities owned | $ 32,000  
Trading and AFS securities    
Assets    
Trading and AFS securities | $ $ 259,212  
Trading and AFS securities | CRT dollar price | Minimum    
Assets    
Trading and AFS securities 73  
Trading and AFS securities | CRT dollar price | Maximum    
Assets    
Trading and AFS securities 93  
Trading and AFS securities | CRT dollar price | Weighted Average    
Assets    
Trading and AFS securities 85  
Trading and AFS securities | Prepayment rate (annual CPR) | Minimum    
Assets    
Trading and AFS securities 0.06  
Trading and AFS securities | Prepayment rate (annual CPR) | Maximum    
Assets    
Trading and AFS securities 0.65  
Trading and AFS securities | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Trading and AFS securities 0.12  
Trading and AFS securities | Whole loan discount rate | Minimum    
Assets    
Trading and AFS securities 0.05  
Trading and AFS securities | Whole loan discount rate | Maximum    
Assets    
Trading and AFS securities 0.18  
Trading and AFS securities | Whole loan discount rate | Weighted Average    
Assets    
Trading and AFS securities 0.10  
Trading and AFS securities | Default rate | Minimum    
Assets    
Trading and AFS securities 0  
Trading and AFS securities | Default rate | Maximum    
Assets    
Trading and AFS securities 0.12  
Trading and AFS securities | Default rate | Weighted Average    
Assets    
Trading and AFS securities 0.004  
Trading and AFS securities | Loss severity | Minimum    
Assets    
Trading and AFS securities 0  
Trading and AFS securities | Loss severity | Maximum    
Assets    
Trading and AFS securities 0.50  
Trading and AFS securities | Loss severity | Weighted Average    
Assets    
Trading and AFS securities 0.25  
Servicer Advance Investments    
Assets    
Servicing asset | $ $ 274,934  
Servicer Advance Investments | Minimum    
Assets    
Expected remaining life 5 years  
Servicer Advance Investments | Maximum    
Assets    
Expected remaining life 5 years  
Servicer Advance Investments | Weighted Average    
Assets    
Expected remaining life 5 years  
Servicer Advance Investments | Prepayment rate (annual CPR) | Minimum    
Assets    
Servicing asset, measurement input 0.14  
Servicer Advance Investments | Prepayment rate (annual CPR) | Maximum    
Assets    
Servicing asset, measurement input 0.30  
Servicer Advance Investments | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Servicing asset, measurement input 0.14  
Servicer Advance Investments | Whole loan discount rate | Minimum    
Assets    
Servicing asset, measurement input 0.02  
Servicer Advance Investments | Whole loan discount rate | Maximum    
Assets    
Servicing asset, measurement input 0.05  
Servicer Advance Investments | Whole loan discount rate | Weighted Average    
Assets    
Servicing asset, measurement input 0.04  
Servicer Advance Investments | Mortgage servicing income | Minimum    
Assets    
Servicing asset, measurement input 0  
Servicer Advance Investments | Mortgage servicing income | Maximum    
Assets    
Servicing asset, measurement input 0.0018  
Servicer Advance Investments | Mortgage servicing income | Weighted Average    
Assets    
Servicing asset, measurement input 0.0007  
MSRs    
Assets    
Servicing asset | $ $ 24,796  
MSRs | Prepayment rate (annual CPR) | Minimum    
Assets    
Servicing asset, measurement input 0.04  
MSRs | Prepayment rate (annual CPR) | Maximum    
Assets    
Servicing asset, measurement input 0.28  
MSRs | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Servicing asset, measurement input 0.08  
MSRs | Whole loan discount rate | Minimum    
Assets    
Servicing asset, measurement input 0.11  
MSRs | Whole loan discount rate | Maximum    
Assets    
Servicing asset, measurement input 0.69  
MSRs | Whole loan discount rate | Weighted Average    
Assets    
Servicing asset, measurement input 0.11  
MSRs | Per loan annual cost to service | Minimum    
Assets    
Servicing asset, measurement input 93  
MSRs | Per loan annual cost to service | Maximum    
Assets    
Servicing asset, measurement input 93  
MSRs | Per loan annual cost to service | Weighted Average    
Assets    
Servicing asset, measurement input 93  
Excess MSRs    
Assets    
Servicing asset | $ $ 40,452  
Excess MSRs | Prepayment rate (annual CPR) | Minimum    
Assets    
Servicing asset, measurement input 0.10  
Excess MSRs | Prepayment rate (annual CPR) | Maximum    
Assets    
Servicing asset, measurement input 1  
Excess MSRs | Prepayment rate (annual CPR) | Weighted Average    
Assets    
Servicing asset, measurement input 0.18  
Excess MSRs | Whole loan discount rate | Minimum    
Assets    
Servicing asset, measurement input 0.13  
Excess MSRs | Whole loan discount rate | Maximum    
Assets    
Servicing asset, measurement input 0.19  
Excess MSRs | Whole loan discount rate | Weighted Average    
Assets    
Servicing asset, measurement input 0.18  
Excess MSRs | Excess mortgage servicing income | Minimum    
Assets    
Servicing asset, measurement input 0.0008  
Excess MSRs | Excess mortgage servicing income | Maximum    
Assets    
Servicing asset, measurement input 0.0019  
Excess MSRs | Excess mortgage servicing income | Weighted Average    
Assets    
Servicing asset, measurement input 0.0011  
Home Appreciation Option    
Assets    
HEIs | $ $ 200,709  
Home Appreciation Option | Prepayment rate (annual CPR) | Minimum    
Assets    
HEIs, Measurement input 0.01  
Home Appreciation Option | Prepayment rate (annual CPR) | Maximum    
Assets    
HEIs, Measurement input 0.23  
Home Appreciation Option | Prepayment rate (annual CPR) | Weighted Average    
Assets    
HEIs, Measurement input 0.16  
Home Appreciation Option | Whole loan discount rate | Minimum    
Assets    
HEIs, Measurement input 0.10  
Home Appreciation Option | Whole loan discount rate | Maximum    
Assets    
HEIs, Measurement input 0.10  
Home Appreciation Option | Whole loan discount rate | Weighted Average    
Assets    
HEIs, Measurement input 0.10  
Home Appreciation Option | Home price appreciation | Minimum    
Assets    
HEIs, Measurement input (0.07)  
Home Appreciation Option | Home price appreciation | Maximum    
Assets    
HEIs, Measurement input 0.04  
Home Appreciation Option | Home price appreciation | Weighted Average    
Assets    
HEIs, Measurement input 0.03  
HEIs held by Point HEI entity    
Assets    
HEIs | $ $ 139,728  
Residential loan purchase commitments, net    
Assets    
Loan purchase commitments, net | $ $ 531  
Residential loan purchase commitments, net | Whole loan spread to swap rate | Minimum    
Assets    
Loans receivable, measurement input 0.0201  
Residential loan purchase commitments, net | Whole loan spread to swap rate | Maximum    
Assets    
Loans receivable, measurement input 0.0201  
Residential loan purchase commitments, net | Whole loan spread to swap rate | Weighted Average    
Assets    
Loans receivable, measurement input 0.0201  
Residential loan purchase commitments, net | Pull-through rate | Minimum    
Assets    
Loans receivable, measurement input 0.26  
Residential loan purchase commitments, net | Pull-through rate | Maximum    
Assets    
Loans receivable, measurement input 1  
Residential loan purchase commitments, net | Pull-through rate | Weighted Average    
Assets    
Loans receivable, measurement input 0.78  
Residential loan purchase commitments, net | Committed sales price | Minimum    
Assets    
Loans receivable, measurement input 99  
Residential loan purchase commitments, net | Committed sales price | Maximum    
Assets    
Loans receivable, measurement input 102  
Residential loan purchase commitments, net | Committed sales price | Weighted Average    
Assets    
Loans receivable, measurement input 100