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Reverse Mortgages - Schedule of Loans Held For Investment and HMBS Related Borrowings (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Receivables [Abstract]        
Loans held for investment - reverse mortgages, beginning balance $ 6,718,992 $ 5,872,407 $ 6,269,596 $ 5,472,199
Cumulative effect of fair value election     47,038 0
Originations 299,628 248,877 867,702 675,169
Repayments (principal payments received) (249,372) (151,292) (619,486) (383,806)
Loans held for sale, at fair value (781) (521) (1,900) (1,405)
Receivables, net 105 (89) (181) (202)
REO (Other assets) (38) (211) (403) (366)
Change in fair value 81,396 80,071 287,564 287,653
Securitized loans (pledged to HMBS-Related Borrowings) 6,715,093 5,960,959 6,715,093 5,960,959
Un-securitized loans 134,837 88,283 134,837 88,283
Loans held for investment, reverse mortgages, ending balance 6,849,930 6,049,242 6,849,930 6,049,242
Home Equity Conversion Mortgage-Backed Securities Related Borrowings At Fair Value (6,477,616) (5,745,383) (6,063,435) (5,380,448)
Securitization of HECM loans accounted for as a financing (307,754) (246,734) (914,559) (681,681)
Repayments (principal payments received) 247,793 149,079 613,026 377,094
Change in fair value (68,966) (60,927) (241,575) (218,930)
Home Equity Conversion Mortgage-Backed Securities Related Borrowings At Fair Value (6,606,543) (5,903,965) (6,606,543) (5,903,965)
Securitized loans (pledged to HMBS-Related Borrowings) $ (6,606,543) $ (5,903,965) $ (6,606,543) $ (5,903,965)