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Other Investments - Additional Information (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
USD ($)
Investment
numberOfInvestment
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
partnership
Investment
numberOfInvestment
Jun. 30, 2023
USD ($)
Dec. 31, 2018
partnership
Dec. 31, 2023
USD ($)
Net Investment Income [Line Items]            
Number of partnerships consolidated | partnership     2   2  
Carrying Value of Collateral $ 3,700,905   $ 3,700,905     $ 3,405,564
Investment fair value changes, net 1,098 $ (13,517) 22,935 $ (17,909)    
Interest income 225,417 $ 178,981 430,157 $ 357,497    
Strategic investments            
Net Investment Income [Line Items]            
Investment fair value changes, net $ (1,000)   $ (1,000)      
Number of investments made | numberOfInvestment 8,000   8,000      
Investments $ 37,000   $ 37,000      
Sale of investments 200   300      
MSRs            
Net Investment Income [Line Items]            
Mortgage servicing rights 28,653   28,653     24,877
Aggregate principal balance 1,950,000   1,950,000     2,030,000
MSR income, net $ 4,000   $ 8,000      
RWT Horizons | Strategic investments            
Net Investment Income [Line Items]            
Number of investments made | Investment 39   39      
Investments $ 22,000   $ 22,000      
Oaktree Capital Management, L.P. | Strategic investments            
Net Investment Income [Line Items]            
Investments $ 6,000   $ 6,000      
Equity method investment, ownership percentage 20.00%   20.00%      
CPP Investments | Strategic investments            
Net Investment Income [Line Items]            
Investments $ 1,000   $ 1,000      
Equity method investment, ownership percentage 20.00%   20.00%      
Servicer advance financing            
Net Investment Income [Line Items]            
Carrying Value of Collateral $ 176,000   $ 176,000      
Repayments received 9,000   9,000      
Income (loss) from equity method investments 5,000   10,000      
Investment fair value changes, net 12,000   11,000      
Held-for-sale residential loans            
Net Investment Income [Line Items]            
Mortgage servicing rights 227,363   227,363     225,345
Servicing asset, unpaid principal balance on underlying loan 9,640,000   9,640,000      
Excess MSRs            
Net Investment Income [Line Items]            
Mortgage servicing rights 34,754   34,754     $ 37,367
Investment fair value changes, net (1,000)   (3,000)      
Interest income 3,000   7,000      
Fair value option elected aggregate carrying amount, asset $ 1,000   $ 10,000