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Fair Value of Financial Instruments - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2024
USD ($)
HEI Securitization Non-Controlling Interest  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 $ 59,752
Acquisitions 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net 12,508
Other settlements, net 0
Ending balance - June 30, 2024 72,260
ABS Issued  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 9,151,263
Acquisitions 2,600,015
Sales (1,341)
Principal paydowns (648,108)
Gains (losses) in net income, net (126,141)
Other settlements, net 0
Ending balance - June 30, 2024 10,975,688
Residential Consumer Loans  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 7,050,637
Acquisitions 2,907,602
Originations 0
Sales (205,016)
Principal paydowns (441,219)
Gains (losses) in net income, net (100,547)
Unrealized gains in OCI, net 0
Other settlements, net (1,301)
Ending balance - June 30, 2024 9,210,156
Residential investor loans  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 5,220,297
Acquisitions 16,325
Originations 755,826
Sales (467,797)
Principal paydowns (634,224)
Gains (losses) in net income, net 2,305
Unrealized gains in OCI, net 0
Other settlements, net (13,082)
Ending balance - June 30, 2024 4,879,650
Consolidated Agency multifamily loans  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 425,285
Acquisitions 0
Originations 0
Sales 0
Principal paydowns (1,022)
Gains (losses) in net income, net (2,469)
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - June 30, 2024 421,794
Trading Securities  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 40,424
Acquisitions 63,618
Originations
Sales 0
Principal paydowns (476)
Gains (losses) in net income, net 16,058
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - June 30, 2024 119,624
AFS Securities  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 87,373
Acquisitions 47,442
Originations
Sales 0
Principal paydowns (175)
Gains (losses) in net income, net 429
Unrealized gains in OCI, net 9,708
Other settlements, net 0
Ending balance - June 30, 2024 144,777
HEI  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 550,436
Acquisitions 606
Originations 0
Sales 0
Principal paydowns (27,182)
Gains (losses) in net income, net 50,259
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - June 30, 2024 574,119
Servicer Advance Investments  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 225,345
Acquisitions 0
Originations 0
Sales 0
Principal paydowns (8,959)
Gains (losses) in net income, net 10,977
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - June 30, 2024 227,363
Excess MSRs  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 37,367
Acquisitions 0
Originations 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net (2,613)
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - June 30, 2024 34,754
MSRs and Other Investments  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 28,070
Acquisitions 185
Originations 0
Sales 0
Principal paydowns (128)
Gains (losses) in net income, net 3,691
Unrealized gains in OCI, net 0
Other settlements, net (100)
Ending balance - June 30, 2024 31,718
Derivatives  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 8,104
Acquisitions 0
Sales 0
Principal paydowns 0
Gains (losses) in net income, net 1,137
Other settlements, net (5,571)
Ending balance - June 30, 2024 $ 3,670