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Fair Value - Schedule of Reconciliation of Changes in Fair Value of Level 3 Assets and Liabilities (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017
Purchases, issuances, sales and settlements |  |  |  |
Consolidation of mortgage-backed securitization trusts |  |  | $ 0 |
Level 3 [Member] |  |  |  |
Purchases, issuances, sales and settlements |  |  |  |
Consolidation of mortgage-backed securitization trusts | $ 0 |  |  |
Level 3 [Member] | Loans Held for Investment - Reverse Mortgages [Member] |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 5,143,758 | $ 4,223,776 | 4,715,831 | $ 3,565,716
Purchases, issuances, sales and settlements |  |  |  |
Purchases | 0 | 0 | 0 | 0
Issuances | 223,563 | 263,169 | 711,035 | 961,642
Sales | 0 | 0 | 0 | 0
Settlements | (110,584) | (118,991) | (296,800) | (311,560)
Transfers to loans held for sale, at fair value | (253) |  | (694) |
Transfers to other assets | (170) | 88 | (307) | (1,335)
Transfers to receivables, net | (20) |  | (92) |
Purchases, issuances, sales and settlements, total | 112,536 | 144,266 | 413,142 | 648,747
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value | 22,893 | 91,718 | 150,214 | 245,297
Calls and other | 0 | 0 |  | 0
Total realized and unrealized gains (losses) included in earnings | 22,893 | 91,718 | 150,214 | 245,297
Transfers in and / or out of Level 3 | 0 | 0 |  | 0
Ending balance | 5,279,187 | 4,459,760 | 5,279,187 | 4,459,760
Level 3 [Member] | HMBS - Related Borrowings [Member] |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | (5,040,983) | (4,061,626) | (4,601,556) | (3,433,781)
Purchases, issuances, sales and settlements |  |  |  |
Purchases | 0 | 0 | 0 | 0
Issuances | (229,169) | (317,277) | (728,745) | (981,730)
Sales | 0 | 0 | 0 | 0
Settlements | 108,790 | 111,677 | 290,338 | 287,908
Transfers to other assets |  |  |  | 0
Purchases, issuances, sales and settlements, total | (120,379) | (205,600) | (438,407) | (693,822)
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value | (22,865) | (91,051) | (144,264) | (230,674)
Calls and other | 0 | 0 |  | 0
Total realized and unrealized gains (losses) included in earnings | (22,865) | (91,051) | (144,264) | (230,674)
Transfers in and / or out of Level 3 | 0 | 0 |  | 0
Ending balance | (5,184,227) | (4,358,277) | (5,184,227) | (4,358,277)
Level 3 [Member] | Loans Held for Inv. - Restricted for Securitization Investors [Member] |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 0 |  | 0 |
Purchases, issuances, sales and settlements |  |  |  |
Consolidation of mortgage-backed securitization trusts | 28,373 |  | 28,373 |
Purchases, issuances, sales and settlements, total | 28,373 |  | 28,373 |
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value | 0 |  | 0 |
Total realized and unrealized gains (losses) included in earnings | 0 |  | 0 |
Ending balance | 28,373 |  | 28,373 |
Level 3 [Member] | Financing Liability Owed to Securitization Investors [Member] |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 0 |  | 0 |
Purchases, issuances, sales and settlements |  |  |  |
Consolidation of mortgage-backed securitization trusts | (26,643) |  | (26,643) |
Purchases, issuances, sales and settlements, total | (26,643) |  | (26,643) |
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value | 0 |  | 0 |
Total realized and unrealized gains (losses) included in earnings | 0 |  | 0 |
Ending balance | (26,643) |  | (26,643) |
Level 3 [Member] | Mortgage-Backed Securities [Member] |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 1,732 | 8,986 | 1,592 | 8,342
Purchases, issuances, sales and settlements |  |  |  |
Purchases | 0 | 0 | 0 | 0
Issuances | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | 0 | 0 | 0 | 0
Transfers to other assets |  |  |  | 0
Purchases, issuances, sales and settlements, total | 0 | 0 | 0 | 0
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value | (62) | 341 | 78 | 985
Calls and other | 0 | 0 |  | 0
Total realized and unrealized gains (losses) included in earnings | (62) | 341 | 78 | 985
Transfers in and / or out of Level 3 | 0 | 0 | 0 | 0
Ending balance | 1,670 | 9,327 | 1,670 | 9,327
Level 3 [Member] | Financing Liability - MSRs Pledged [Member] |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | (672,619) | (441,007) | (508,291) | (477,707)
Purchases, issuances, sales and settlements |  |  |  |
Purchases | 0 | 0 | 0 | 0
Issuances | 0 | (54,601) | (279,586) | (54,601)
Sales | 0 | 0 | 0 | 0
Settlements | 49,620 | 19,770 | 154,129 | 52,963
Transfers to other assets |  |  |  | 0
Purchases, issuances, sales and settlements, total | 49,620 | (34,831) | (125,457) | (1,638)
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value | 2,681 | 27,024 | 11,323 | 27,024
Calls and other | 119 | 971 | 2,226 | 4,478
Total realized and unrealized gains (losses) included in earnings | 2,800 | 27,995 | 13,549 | 31,502
Transfers in and / or out of Level 3 | 0 | 0 |  | 0
Ending balance | (620,199) | (447,843) | (620,199) | (447,843)
Level 3 [Member] | Derivatives [Member] |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 1,657 | 1,937 | 2,056 | 1,836
Purchases, issuances, sales and settlements |  |  |  |
Purchases | 0 | 655 | 95 | 655
Issuances | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | 0 | (403) | (371) | (445)
Transfers to other assets |  |  |  | 0
Purchases, issuances, sales and settlements, total | 0 | 252 | (276) | 210
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value | (446) | (350) | (569) | (207)
Calls and other | 0 | 0 |  | 0
Total realized and unrealized gains (losses) included in earnings | (446) | (350) | (569) | (207)
Transfers in and / or out of Level 3 | 0 | 0 | 0 | 0
Ending balance | 1,211 | 1,839 | 1,211 | 1,839
Level 3 [Member] | MSRs [Member] |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning balance | 1,043,995 | 625,650 | 671,962 | 679,256
Purchases, issuances, sales and settlements |  |  |  |
Purchases | 2,924 | 0 | 8,809 | 0
Issuances | 1,930 | (715) | (445) | (2,131)
Sales | (8,119) | (311) | (8,274) | (541)
Settlements | 0 | 0 | 0 | 0
Transfers from MSRs carried at amortized cost, net of valuation allowance |  |  | 418,925 |
Transfers to other assets |  |  |  | 0
Purchases, issuances, sales and settlements, total | (3,265) | (1,026) | 419,015 | (2,672)
Total realized and unrealized gains and (losses): |  |  |  |
Change in fair value | (41,448) | (26,477) | (91,695) | (78,437)
Calls and other | 0 | 0 |  | 0
Total realized and unrealized gains (losses) included in earnings | (41,448) | (26,477) | (91,695) | (78,437)
Transfers in and / or out of Level 3 | 0 | 0 | 0 | 0
Ending balance | $ 999,282 | $ 598,147 | $ 999,282 | $ 598,147

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