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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, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Receivables [Abstract]        
Loans held for investment - reverse mortgages, beginning balance $ 7,112,273 $ 6,718,992 $ 6,997,127 $ 6,269,596
Cumulative effect of fair value election     0 47,038
Originations 494,330 299,628 1,214,772 867,702
Repayments (principal payments received) (449,236) (249,372) (1,170,245) (619,486)
Loans held for sale, at fair value (1,220) (781) (2,898) (1,900)
Receivables, net (84) 105 (169) (181)
REO (Other assets) (121) (38) (316) (403)
Change in fair value (55,216) 81,396 62,455 287,564
Securitized loans (pledged to HMBS-Related Borrowings) 6,874,025 6,715,093 6,874,025 6,715,093
Un-securitized loans 226,701 134,837 226,701 134,837
Loans held for investment, reverse mortgages, ending balance 7,100,726 6,849,930 7,100,726 6,849,930
Home Equity Conversion Mortgage-Backed Securities Related Borrowings At Fair Value (6,823,911) (6,477,616) (6,772,711) (6,063,435)
Securitization of HECM loans accounted for as a financing (452,262) (295,347) (1,119,742) (885,987)
Additional proceeds from securitization of HECM loans and tails (7,751) (12,407) (34,918) (28,572)
Repayments (principal payments received) 446,277 247,793 1,161,609 613,026
Change in fair value 55,083 (68,966) (16,802) (241,575)
Home Equity Conversion Mortgage-Backed Securities Related Borrowings At Fair Value (6,782,564) (6,606,543) (6,782,564) (6,606,543)
Securitized loans (pledged to HMBS-Related Borrowings) $ (6,782,564) $ (6,606,543) $ (6,782,564) $ (6,606,543)