XML 102 R81.htm IDEA: XBRL DOCUMENT v3.22.0.1
Reverse Mortgages - Schedule of Loans Held For Investment and HMBS Related Borrowings (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Receivables [Abstract]      
Loans held for investment - reverse mortgages, beginning balance $ 6,997,127 $ 6,269,596 $ 5,472,199
Cumulative effect of fair value election   47,038  
Originations 1,763,418 1,203,645 1,026,154
Securitization of HECM loans accounted for as a financing (1,674,914) (1,232,641) (962,113)
Additional proceeds from securitization of HECM loans and tails (44,613) (40,934) (19,086)
Repayments (principal payments received) (1,626,428) (944,699) (558,720)
Loans held for sale, at fair value (3,383) (3,084) (1,892)
Receivables, net (333) (236) (327)
REO (Other assets) (348) (511) (513)
Change in fair value 69,709 425,378 332,695
Securitized loans (pledged to HMBS-Related Borrowings)   6,872,252 6,120,933
Un-securitized loans   124,875 148,663
Loans held for investment, reverse mortgages, ending balance 7,199,762 6,997,127 6,269,596
HMBS Related Borrowings, Beginning Balance (6,772,711) (6,063,435) (5,380,448)
Repayments (principal payments received) 1,614,295 935,778 549,600
Change in fair value (7,079) (371,479) (251,388)
HMBS Related Borrowings, Ending Balance $ (6,885,022) $ (6,772,711) $ (6,063,435)