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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net loss $ (128,457) $ (199,375) $ (246,712)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Amortization of mortgage servicing rights 51,788 32,978 99,194
Loss on valuation of mortgage servicing rights, at fair value 4,540 80,238 98,173
Impairment charge (reversal) on mortgage servicing rights (3,366) 10,813 17,341
Gain on sale of mortgage servicing rights, net (10,537) (8,492) (83,921)
Realized and unrealized losses on derivative financial instruments 191 1,724 8,419
Provision for bad debts 76,828 81,079 101,226
Depreciation 26,886 25,338 19,159
Loss on write-off of fixed assets, net 8,502 0 0
Amortization of debt issuance costs 2,738 25,662 22,664
Provision for (reversal of) valuation allowance on deferred tax assets (29,979) 15,639 97,069
Decrease (increase) in deferred tax assets other than provision for valuation allowance 30,710 (11,119) (28,136)
Equity-based compensation expense 5,624 5,181 7,291
Loss on valuation of financing liability 41,282 0 0
Loss (gain) on trading securities 6,756 (335) (650)
Net gain on valuation of mortgage loans held for investment and HMBS-related borrowings (23,733) (26,016) (7,661)
Gain on loans held for sale, net (53,209) (65,649) (103,112)
Origination and purchase of loans held for sale (3,695,163) (6,090,432) (5,000,681)
Proceeds from sale and collections of loans held for sale 3,662,065 5,969,812 5,125,203
Changes in assets and liabilities:      
Decrease in advances and match funded advances 330,052 452,435 531,313
Decrease in receivables and other assets, net 202,153 181,835 46,463
Decrease in other liabilities (100,650) (7,143) (109,407)
Other, net 6,944 492 (11,552)
Net cash provided by operating activities 411,965 474,665 581,683
Cash flows from investing activities      
Origination of loans held for investment (1,277,615) (1,098,758) (1,008,065)
Principal payments received on loans held for investment 444,388 243,596 151,107
Purchase of mortgage servicing rights (1,658) (17,356) (12,355)
Proceeds from sale of mortgage servicing rights 4,234 47,044 686,838
Proceeds from sale of advances and match funded advances 9,446 103,017 486,311
Issuance of automotive dealer financing notes (174,363) (100,722) 0
Collections of automotive dealer financing notes 162,965 65,688 0
Additions to premises and equipment (9,053) (33,518) (37,487)
Other, net 2,440 (610) 14,021
Net cash provided by (used in) investing activities (839,216) (791,619) 280,370
Cash flows from financing activities      
Repayment of match funded liabilities, net (282,379) (303,052) (506,198)
Proceeds from mortgage loan warehouse facilities and other secured borrowings 7,215,264 9,242,671 7,170,831
Repayments of mortgage loan warehouse facilities and other secured borrowings (7,431,763) (9,463,063) (8,249,742)
Payment of debt issuance costs (841) (11,136) (23,480)
Proceeds from sale of mortgage servicing rights accounted for as a financing 54,601 0 0
Proceeds from sale of reverse mortgages (HECM loans) accounted for as a financing (HMBS-related borrowings) 1,281,543 1,086,795 1,024,361
Repayment of HMBS-related borrowings (418,503) (230,045) (153,016)
Issuance of common stock 13,913 0 0
Repurchase of common stock 0 (5,890) (4,142)
Other (1,478) (49) 7,132
Net cash provided by (used in) financing activities 430,357 316,231 (734,254)
Net increase (decrease) in cash 3,106 (723) 127,799
Cash at beginning of year 256,549 257,272 129,473
Cash at end of year 259,655 256,549 257,272
Supplemental cash flow information      
Interest paid 364,702 389,638 470,724
Income tax payments (refunds), net (23,501) 19,715 5,706
Supplemental non-cash investing and financing activities      
Exchange of senior unsecured notes for senior secured notes 0 346,878 0
Transfers from loans held for investment to loans held for sale 3,803 0 0
Transfers of loans held for sale to real estate owned $ 875 7,675 18,594
Issuance of common stock in connection with litigation settlement   $ 0 $ 0