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Borrowings - Schedule of Financing Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
HMBS-related borrowings	$ 6,778,195	$ 6,772,711	$ 6,323,091	$ 6,063,434
Other financing liabilities, at fair value	559,184	576,722
Total Financing liabilities	7,337,379	7,349,433
Residential Asset Securitization Trust
Debt Instrument [Line Items]
Other financing liabilities, at fair value	8,820	9,770
Secured Debt
Debt Instrument [Line Items]
Total Financing liabilities	457,354	438,566
Secured Debt | Mortgage Loan Warehouse Facilities
Debt Instrument [Line Items]
Total Financing liabilities	609,432	451,713
Master Repurchase Agreement | Secured Debt
Debt Instrument [Line Items]
Total Financing liabilities	0	0
Mortgage Warehouse Agreement | Secured Debt
Debt Instrument [Line Items]
Total Financing liabilities	14,958	11,715
Mortgage Warehouse Agreement | Secured Debt
Debt Instrument [Line Items]
Total Financing liabilities	$ 99,481	73,134
Total Servicing Lines of Credit | Mortgage Loan Warehouse Facilities
Debt Instrument [Line Items]
Interest rate (as a percent)	4.77%
Original Rights to MSRs Agreements | Financing Liability - MSRs Pledged
Debt Instrument [Line Items]
Other financing liabilities, at fair value	$ 550,364	$ 566,952
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	0.11%	0.14%
London Interbank Offered Rate (LIBOR) | HMBS-Related Borrowings
Debt Instrument [Line Items]
Basis spread on variable rate	2.45%
London Interbank Offered Rate (LIBOR) | Residential Asset Securitization Trust
Debt Instrument [Line Items]
Basis spread on variable rate	0.45%
London Interbank Offered Rate (LIBOR) | Master Repurchase Agreement | Secured Debt
Debt Instrument [Line Items]
Basis spread on variable rate	1.90%
Interest rate at index floor rate	0.25%
London Interbank Offered Rate (LIBOR) | Mortgage Warehouse Agreement | Secured Debt
Debt Instrument [Line Items]
Basis spread on variable rate	3.50%
Interest rate at index floor rate	5.25%
London Interbank Offered Rate (LIBOR) | Mortgage Warehouse Agreement | Secured Debt
Debt Instrument [Line Items]
Basis spread on variable rate	2.50%
Interest rate at index floor rate	3.25%
London Interbank Offered Rate (LIBOR) | Ginnie Mae Mortgage Servicing Rights Financing Facility | Secured Debt | Mortgage Loan Warehouse Facilities
Debt Instrument [Line Items]
Basis spread on variable rate	4.50%
Interest rate at index floor rate	0.50%
London Interbank Offered Rate (LIBOR) | Minimum | Residential Asset Securitization Trust
Debt Instrument [Line Items]
Debt instrument, interest rate	4.25%
London Interbank Offered Rate (LIBOR) | Maximum | Residential Asset Securitization Trust
Debt Instrument [Line Items]
Debt instrument, interest rate	5.75%

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This represents the amount of liability which is a resultant of reverse mortgage loans sold into the secondary with servicing rights retained. As the transfer of these loans do not meet the definition of participating interest because of the servicing requirement that requires the issuer to absorb some level of risk, these transfers are accounted for as financing.

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Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

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Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

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Contractual interest rate for funds borrowed, under the debt agreement.

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