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Fair Value - Schedule of Reconciliation of Changes in Fair Value of Level 3 Assets and Liabilities (Details) - Level 3 [Member] - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2018 | Mar. 31, 2017
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |
Beginning balance | $ 281,594,000 | $ 343,662,000
Purchases, issuances, sales and settlements |  |
Purchases | 2,378,000 | 0
Issuances | (253,083,000) | 39,625,000
Transfer from MSRs carried at amortized cost, net of valuation allowance | 336,882,000 |
Cumulative effect of MSR fair value election | 82,043,000 |
Transfer to Loans held for sale, at fair value | (184,000) |
Sales | (131,000) | (228,000)
Transfers to Other assets | (104,000) |
Transfers to Receivables, net | (50,000) |
Settlements | 52,268,000 | 11,808,000
Purchases, issuances, sales and settlements, total | 220,019,000 | 51,205,000
Total realized and unrealized gains and (losses): |  |
Change in fair value | 9,519,000 | (14,025,000)
Calls and other | 694,000 | 0
Total realized and unrealized gains (losses) included in earnings | 10,213,000 | (14,025,000)
Transfers in and / or out of Level 3 | 0 | 0
Ending balance | 511,826,000 | 380,842,000
Loans Held for Investment [Member] |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |
Beginning balance | 4,715,831,000 | 3,565,716,000
Purchases, issuances, sales and settlements |  |
Purchases | 0 | 0
Issuances | 251,086,000 | 347,080,000
Transfer to Loans held for sale, at fair value | (184,000) |
Sales | 0 | 0
Transfers to Other assets | (104,000) |
Transfers to Receivables, net | (50,000) |
Settlements | (82,719,000) | (80,290,000)
Purchases, issuances, sales and settlements, total | 168,029,000 | 266,790,000
Total realized and unrealized gains and (losses): |  |
Change in fair value | 104,291,000 | 83,881,000
Calls and other | 0 | 0
Total realized and unrealized gains (losses) included in earnings | 104,291,000 | 83,881,000
Transfers in and / or out of Level 3 | 0 | 0
Ending balance | 4,988,151,000 | 3,916,387,000
HMBS - Related Borrowings [Member] |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |
Beginning balance | (4,601,556,000) | (3,433,781,000)
Purchases, issuances, sales and settlements |  |
Purchases | 0 | 0
Issuances | (222,825,000) | (306,749,000)
Transfer to Loans held for sale, at fair value | 0 |
Sales | 0 | 0
Transfers to Other assets | 0 |
Transfers to Receivables, net | 0 |
Settlements | 80,811,000 | 75,099,000
Purchases, issuances, sales and settlements, total | (142,014,000) | (231,650,000)
Total realized and unrealized gains and (losses): |  |
Change in fair value | (94,623,000) | (73,834,000)
Calls and other | 0 | 0
Total realized and unrealized gains (losses) included in earnings | (94,623,000) | (73,834,000)
Transfers in and / or out of Level 3 | 0 | 0
Ending balance | (4,838,193,000) | (3,739,265,000)
Mortgage-Backed Securities [Member] |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |
Beginning balance | 1,592,000 | 8,342,000
Purchases, issuances, sales and settlements |  |
Purchases | 0 | 0
Issuances | 0 | 0
Transfer to Loans held for sale, at fair value | 0 |
Sales | 0 | 0
Transfers to Other assets | 0 |
Transfers to Receivables, net | 0 |
Settlements | 0 | 0
Purchases, issuances, sales and settlements, total | 0 | 0
Total realized and unrealized gains and (losses): |  |
Change in fair value | 87,000 | 316,000
Calls and other | 0 | 0
Total realized and unrealized gains (losses) included in earnings | 87,000 | 316,000
Transfers in and / or out of Level 3 | 0 | 0
Ending balance | 1,679,000 | 8,658,000
Financing Liability - MSRs Pledged [Member] |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |
Beginning balance | (508,291,000) | (477,707,000)
Purchases, issuances, sales and settlements |  |
Purchases | 0 | 0
Issuances | (279,586,000) | 0
Transfer to Loans held for sale, at fair value | 0 |
Sales | 0 | 0
Transfers to Other assets | 0 |
Transfers to Receivables, net | 0 |
Settlements | 54,547,000 | 16,999,000
Purchases, issuances, sales and settlements, total | (225,039,000) | 16,999,000
Total realized and unrealized gains and (losses): |  |
Change in fair value | 16,712,000 | 1,521,000
Calls and other | 694,000 | 0
Total realized and unrealized gains (losses) included in earnings | 17,406,000 | 1,521,000
Transfers in and / or out of Level 3 | 0 | 0
Ending balance | (715,924,000) | (459,187,000)
Derivatives [Member] |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |
Beginning balance | 2,056,000 | 1,836,000
Purchases, issuances, sales and settlements |  |
Purchases | 0 | 0
Issuances | 0 | 0
Transfer to Loans held for sale, at fair value | 0 |
Sales | 0 | 0
Transfers to Other assets | 0 |
Transfers to Receivables, net | 0 |
Settlements | (371,000) | 0
Purchases, issuances, sales and settlements, total | (371,000) | 0
Total realized and unrealized gains and (losses): |  |
Change in fair value | 181,000 | 426,000
Calls and other | 0 | 0
Total realized and unrealized gains (losses) included in earnings | 181,000 | 426,000
Transfers in and / or out of Level 3 | 0 | 0
Ending balance | 1,866,000 | 2,262,000
MSRs [Member] |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |
Beginning balance | 671,962,000 | 679,256,000
Purchases, issuances, sales and settlements |  |
Purchases | 2,378,000 | 0
Issuances | (1,758,000) | (706,000)
Transfer from MSRs carried at amortized cost, net of valuation allowance | 336,882,000 |
Cumulative effect of MSR fair value election | 82,043,000 |
Transfer to Loans held for sale, at fair value | 0 |
Sales | (131,000) | (228,000)
Transfers to Other assets | 0 |
Transfers to Receivables, net | 0 |
Settlements | 0 | 0
Purchases, issuances, sales and settlements, total | 419,414,000 | (934,000)
Total realized and unrealized gains and (losses): |  |
Change in fair value | (17,129,000) | (26,335,000)
Calls and other | 0 | 0
Total realized and unrealized gains (losses) included in earnings | (17,129,000) | (26,335,000)
Transfers in and / or out of Level 3 | 0 | 0
Ending balance | $ 1,074,247,000 | $ 651,987,000

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