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Reverse Mortgages - Schedule of Loans Held For Investment and HMBS Related Borrowings (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Receivables [Abstract]      
Loans held for investment - reverse mortgages, beginning balance $ 6,269,596 $ 5,472,199 $ 4,715,831
Cumulative effect of fair value election 47,038    
Originations 1,203,645 1,026,154 920,476
Repayments (principal payments received) (944,699) (558,720) (400,521)
Loans held for sale, at fair value (3,084) (1,892) (1,039)
Receivables, net (236) (327) (158)
REO (Other assets) (511) (513) (411)
Change in fair value 425,378 332,695 238,021
Securitized loans (pledged to HMBS-Related Borrowings) 6,872,252 6,120,933 5,446,768
Un-securitized loans 124,875 148,663 25,431
Loans held for investment, reverse mortgages, ending balance 6,997,127 6,269,596 5,472,199
HMBS Related Borrowings, Beginning Balance (6,063,435) (5,380,448) (4,601,556)
Securitization of HECM loans accounted for as a financing (1,273,575) (981,199) (990,039)
Repayments (principal payments received) 935,778 549,600 391,985
Change in fair value (371,479) (251,388) (180,838)
HMBS Related Borrowings, Ending Balance (6,772,711) (6,063,435) $ (5,380,448)
Fair value adjustments on loans held for investment $ 19,800 $ 12,200