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Fair Value of Financial Instruments - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2023
HEI Securitization Non-Controlling Interest    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   $ 22,329
Acquisitions   0
Principal paydowns   0
Gains (losses) in net income, net   3,298
Other settlements, net   0
Ending balance - September 30, 2023 $ 25,627 25,627
ABS Issued    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   7,424,132
Acquisitions   1,240,120
Principal paydowns   (571,883)
Gains (losses) in net income, net   (182,023)
Other settlements, net   0
Ending balance - September 30, 2023 7,910,346 7,910,346
Residential Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   5,613,157
Acquisitions   1,050,444
Originations   0
Sales   (226,646)
Principal paydowns   (363,128)
Gains (losses) in net income, net   (224,162)
Unrealized losses in OCI, net   0
Other settlements, net   (2,356)
Ending balance - September 30, 2023 5,847,309 5,847,309
Business purpose loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   5,332,586
Acquisitions   0
Originations   1,255,680
Sales   (471,336)
Principal paydowns   (802,610)
Gains (losses) in net income, net   (17,809)
Unrealized losses in OCI, net   0
Other settlements, net   (47,181)
Ending balance - September 30, 2023 5,249,330 5,249,330
Consolidated Agency multifamily loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   424,552
Acquisitions   0
Originations   0
Sales   0
Principal paydowns   (6,198)
Gains (losses) in net income, net   2,200
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - September 30, 2023 420,554 420,554
Trading Securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   108,329
Acquisitions   7,883
Originations   0
Sales   (82,270)
Principal paydowns   (324)
Gains (losses) in net income, net   14,423
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - September 30, 2023 48,041 48,041
AFS Securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   132,146
Acquisitions   1,979
Originations   0
Sales   (54,339)
Principal paydowns   (632)
Gains (losses) in net income, net   946
Unrealized losses in OCI, net   1,304
Other settlements, net   0
Ending balance - September 30, 2023 81,404 81,404
HEI    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   403,462
Acquisitions   25,626
Originations   0
Sales   0
Principal paydowns   (26,153)
Gains (losses) in net income, net   28,337
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - September 30, 2023 431,272 431,272
Servicer Advance Investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   269,259
Acquisitions   0
Originations   0
Sales   0
Principal paydowns   (55,828)
Gains (losses) in net income, net   6,382
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - September 30, 2023 219,813 219,813
Excess MSRs    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   39,035
Acquisitions   0
Originations   0
Sales   0
Principal paydowns   0
Gains (losses) in net income, net   (608)
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - September 30, 2023 38,427 38,427
MSRs and Other Investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   31,576
Acquisitions 0 500
Originations   0
Sales   (272)
Principal paydowns   (114)
Gains (losses) in net income, net   426
Unrealized losses in OCI, net   0
Other settlements, net   (500)
Ending balance - September 30, 2023 31,616 31,616
Derivatives    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   322
Acquisitions   0
Principal paydowns   0
Gains (losses) in net income, net   10,086
Other settlements, net   (8,428)
Ending balance - September 30, 2023 $ 1,980 $ 1,980