XML 69 R58.htm IDEA: XBRL DOCUMENT v3.24.3
Fair Value of Financial Instruments - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2024
USD ($)
ABS Issued  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 $ 9,151,263
Acquisitions 4,280,237
Sales (1,544)
Principal paydowns (1,122,041)
Gains (losses) in net income, net 256,114
Other settlements, net 0
Ending balance - September 30, 2024 12,564,029
Change in unrealized gains or (losses) for the period included in earnings for liabilities held at the end of the reporting period 195,951
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 21,111
Other settlements, net 0
Ending balance - September 30, 2024 80,863
Change in unrealized gains or (losses) for the period included in earnings for liabilities held at the end of the reporting period (21,111)
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 4,931,228
Originations 0
Sales (245,771)
Principal paydowns (790,158)
Gains (losses) in net income, net 213,491
Unrealized gains in OCI, net 0
Other settlements, net (2,268)
Ending balance - September 30, 2024 11,157,159
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period 145,485
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 19,155
Originations 1,201,564
Sales (744,759)
Principal paydowns (1,016,256)
Gains (losses) in net income, net 79,288
Unrealized gains in OCI, net 0
Other settlements, net (13,115)
Ending balance - September 30, 2024 4,746,174
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period 50,712
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 (6,418)
Gains (losses) in net income, net 6,781
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - September 30, 2024 425,648
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period 6,582
Real Estate Trading Securities  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 40,424
Acquisitions 96,810
Originations 0
Sales (2,833)
Principal paydowns (556)
Gains (losses) in net income, net (5,065)
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - September 30, 2024 128,780
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period (5,320)
Real Estate AFS Securities  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 87,373
Acquisitions 103,934
Originations 0
Sales 0
Principal paydowns (4,757)
Gains (losses) in net income, net 1,731
Unrealized gains in OCI, net 17,080
Other settlements, net 0
Ending balance - September 30, 2024 205,361
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period 17,083
HEI  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Beginning balance - December 31, 2023 550,436
Acquisitions 1,066
Originations 0
Sales 0
Principal paydowns (36,899)
Gains (losses) in net income, net 75,477
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - September 30, 2024 590,080
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period 68,078
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 (21,151)
Gains (losses) in net income, net 8,252
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - September 30, 2024 212,446
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period 8,252
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 (3,876)
Unrealized gains in OCI, net 0
Other settlements, net 0
Ending balance - September 30, 2024 33,491
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period (3,877)
MSRs/Strategic Investments/Other  
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 (141)
Gains (losses) in net income, net 1,632
Unrealized gains in OCI, net 0
Other settlements, net (100)
Ending balance - September 30, 2024 29,646
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period 2,555
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 10,938
Other settlements, net (19,911)
Ending balance - September 30, 2024 (869)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Change in unrealized gains or (losses) for the period included in earnings for liabilities held at the end of the reporting period $ (869)