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Fair Value - Summary of Reconciliation of the Changes in Fair Value of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Total realized and unrealized gains and (losses): |  |  |
Included in earnings | $ (19,800) | $ (12,200) |
Loans Held for Investments - Restricted for Securitization Investors | Level 3 |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning balance | 23,342 | 26,520 | $ 0
Purchases, issuances, sales and settlements |  |  |
De-consolidation of mortgage-backed securitization trusts | (10,715) |  |
Consolidation of mortgage-backed securitization trusts |  |  | 28,373
Settlements | (2,857) | (3,178) | (1,853)
Purchases, issuances, sales and settlements, total | (13,572) | (3,178) | 26,520
Total realized and unrealized gains and (losses): |  |  |
Ending balance | 9,770 | 23,342 | 26,520
Financing Liability Owed to Securitization Investors | Level 3 |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning balance | (22,002) | (24,815) | 0
Purchases, issuances, sales and settlements |  |  |
De-consolidation of mortgage-backed securitization trusts | 9,519 |  |
Consolidation of mortgage-backed securitization trusts |  |  | (26,643)
Settlements | 2,857 | 2,813 | 1,828
Purchases, issuances, sales and settlements, total | 12,376 | 2,813 | (24,815)
Total realized and unrealized gains and (losses): |  |  |
Included in earnings | (144) |  |
Ending balance | (9,770) | (22,002) | (24,815)
Loans Held-For-Sale, Fair Value | Level 3 |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning balance | 0 |  |
Purchases, issuances, sales and settlements |  |  |
Purchases | 162,589 |  |
Sales | (137,780) |  |
Receivables, net | (969) |  |
Purchases, issuances, sales and settlements, total | 23,840 |  |
Total realized and unrealized gains and (losses): |  |  |
Included in earnings | 1,650 |  |
Transfers in and / or out of Level 3 | 25,582 |  |
Ending balance | 51,072 | 0 |
Mortgage Backed Securities | Level 3 |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning balance | 2,075 | 1,502 | 1,592
Purchases, issuances, sales and settlements |  |  |
Purchases, issuances, sales and settlements, total | 0 | 0 | 0
Total realized and unrealized gains and (losses): |  |  |
Included in earnings | (56) | 573 | 90
Ending balance | 2,019 | 2,075 | 1,502
IRLCs | Level 3 |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning balance | 0 |  |
Purchases, issuances, sales and settlements |  |  |
Issuances | 286,992 |  |
Loans held for sale, at fair value | (285,198) |  |
Receivables, net | 0 |  |
Purchases, issuances, sales and settlements, total | 1,794 | 0 |
Total realized and unrealized gains and (losses): |  |  |
Included in earnings | 10,434 |  |
Transfers in and / or out of Level 3 | 10,478 |  |
Ending balance | $ 22,706 | 0 |
Interest Rate Caps | Level 3 |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning balance |  | 678 | 2,056
Purchases, issuances, sales and settlements |  |  |
Purchases |  |  | 95
Settlements |  |  | (371)
Purchases, issuances, sales and settlements, total |  |  | (276)
Total realized and unrealized gains and (losses): |  |  |
Included in earnings |  | $ (678) | 1,102
Ending balance |  |  | $ 678

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