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Debt Obligations, Net - Schedule of Debt Obligations, Net (Details)
$ in Thousands
 9 Months Ended 12 Months Ended
Sep. 30, 2025
USD ($)
facility
Dec. 31, 2024
USD ($)
facility
Aug. 31, 2025
USD ($)
Jan. 31, 2025
USD ($)
Debt Instrument [Line Items]        
Principal Amount $ 4,373,768 $ 3,482,175    
Carrying value of collateral 4,447,941 3,701,592    
Carrying Value        
Debt Instrument [Line Items]        
Carrying Value 4,356,661 3,462,880    
Debt issuance costs $ 17,000 $ 20,000    
Short-Term Facilities: | Residential consumer loan warehouse facilities | Facilities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 8 7    
Principal Amount $ 2,264,410 $ 956,010    
Facility Capacity $ 3,369,258 $ 2,175,000    
Weighted Average Interest Rate 5.94% 6.24%    
Carrying value of collateral $ 2,437,510 $ 1,005,926    
Short-Term Facilities: | Residential consumer loan warehouse facilities | Facilities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 2,264,409 $ 956,010    
Short-Term Facilities: | Residential investor loan warehouse facilities | Facilities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 4 2    
Principal Amount $ 206,304 $ 223,975    
Facility Capacity $ 1,150,000 $ 800,000    
Weighted Average Interest Rate 6.69% 7.31%    
Carrying value of collateral $ 281,491 $ 300,843    
Short-Term Facilities: | Residential investor loan warehouse facilities | Facilities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 206,207 $ 223,876    
Short-Term Facilities: | Real estate securities repurchase facilities | Facilities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 5 6    
Principal Amount $ 27,585 $ 210,352    
Facility Capacity $ 0 $ 0    
Weighted Average Interest Rate 5.75% 5.81%    
Carrying value of collateral $ 35,481 $ 281,997    
Short-Term Facilities: | Real estate securities repurchase facilities | Facilities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 27,585 $ 210,352    
Short-Term Facilities: | Real estate securities repurchase facilities IO | Facilities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1      
Principal Amount $ 0      
Facility Capacity $ 75,000      
Weighted Average Interest Rate 7.45%      
Carrying value of collateral $ 0      
Short-Term Facilities: | Real estate securities repurchase facilities IO | Facilities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 0      
Short-Term Facilities: | Residential MSR warehouse facility | Facilities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1 1    
Principal Amount $ 89,403 $ 58,164    
Facility Capacity $ 125,000 $ 75,000    
Weighted Average Interest Rate 7.38% 7.65%    
Carrying value of collateral $ 183,907 $ 91,506    
Short-Term Facilities: | Residential MSR warehouse facility | Facilities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 89,403 $ 58,164    
Short-Term Facilities: | HEI warehouse facility | Facilities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1 1    
Principal Amount $ 27,848 $ 97,497    
Facility Capacity $ 150,000 $ 150,000    
Weighted Average Interest Rate 8.67% 9.00%    
Carrying value of collateral $ 55,486 $ 207,097    
Short-Term Facilities: | HEI warehouse facility | Facilities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 27,848 $ 97,497    
Recourse Subordinate Securities Financing: | CAFL securities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1 1    
Principal Amount $ 263,664 $ 268,240    
Weighted Average Interest Rate 7.11% 7.54%    
Carrying value of collateral $ 333,457 $ 318,106    
Recourse Subordinate Securities Financing: | CAFL securities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 262,873 $ 267,140    
Recourse Subordinate Securities Financing: | Sequoia and other third-party securities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1      
Principal Amount $ 90,141      
Weighted Average Interest Rate 7.27%      
Carrying value of collateral $ 114,768      
Recourse Subordinate Securities Financing: | Sequoia and other third-party securities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 90,141      
Long-Term Facilities: | Residential investor loan warehouse facilities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 3 5    
Principal Amount $ 199,404 $ 615,036    
Facility Capacity $ 1,030,000 $ 1,530,000    
Weighted Average Interest Rate 7.52% 7.83%    
Carrying value of collateral $ 290,414 $ 889,901    
Long-Term Facilities: | Residential investor loan warehouse facilities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 198,173 $ 613,129    
Long-Term Facilities: | Servicer advance financing        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1 1    
Principal Amount $ 151,491 $ 159,798    
Facility Capacity $ 200,000 $ 200,000    
Weighted Average Interest Rate 6.09% 6.32%    
Carrying value of collateral $ 214,641 $ 233,820    
Long-Term Facilities: | Servicer advance financing | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 151,024 $ 159,031    
Corporate Debt: | Secured revolving financing facility | Facilities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1 1    
Principal Amount $ 250,000 $ 225,000    
Facility Capacity $ 250,000 $ 250,000    
Weighted Average Interest Rate 7.27% 9.50%    
Carrying value of collateral $ 500,786 $ 372,396    
Debt Instrument, Extension Option 1 year      
Corporate Debt: | Secured revolving financing facility | Facilities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 248,094 $ 220,234    
Corporate Debt: | Promissory notes | Facilities        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 3 3    
Principal Amount $ 10,900 $ 12,859    
Weighted Average Interest Rate 7.05% 7.06%    
Corporate Debt: | Promissory notes | Facilities | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 10,900 $ 12,859    
Corporate Debt: | 5.75% exchangeable senior notes | Exchangeable Senior Notes        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1 1    
Principal Amount $ 123,574 $ 123,574    
Weighted Average Interest Rate 5.75% 5.75%    
Corporate Debt: | 5.75% exchangeable senior notes | Exchangeable Senior Notes | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 123,574 $ 123,087    
Corporate Debt: | 7.75% convertible senior notes | Convertible Debt        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1 1    
Principal Amount $ 297,170 $ 247,170 $ 50,000  
Weighted Average Interest Rate 7.75% 7.75%    
Corporate Debt: | 7.75% convertible senior notes | Convertible Debt | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 292,425 $ 242,652    
Corporate Debt: | Trust preferred securities and subordinated notes        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 2 2    
Principal Amount $ 139,500 $ 139,500    
Weighted Average Interest Rate 6.82% 7.10%    
Corporate Debt: | Trust preferred securities and subordinated notes | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 138,894 $ 138,860    
Corporate Debt: | 9.125% Senior Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1 1    
Principal Amount $ 59,127 $ 60,000   $ 90,000
Weighted Average Interest Rate 9.125% 9.125%   9.125%
Corporate Debt: | 9.125% Senior Notes | Unsecured Debt | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 57,350 $ 57,877    
Corporate Debt: | 9.0% Senior Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1 1    
Principal Amount $ 84,015 $ 85,000    
Weighted Average Interest Rate 9.00% 9.00%    
Corporate Debt: | 9.0% Senior Notes | Unsecured Debt | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 81,536 $ 82,112    
Corporate Debt: | 9.125% Senior Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Number of Facilities or Issuances | facility 1      
Principal Amount $ 89,232      
Weighted Average Interest Rate 9.125%      
Corporate Debt: | 9.125% Senior Notes | Unsecured Debt | Carrying Value        
Debt Instrument [Line Items]        
Carrying Value $ 86,225