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Residential Mortgage Securities and MSR-Related Assets (Residential and Mortgage Securities) (Details) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face $ 164,458,000 $ 4,044,818,000
Purchase Premiums 2,414,000 67,108,000
Accretable Purchase Discounts (8,315,000) (90,694,000)
Discount Designated as Credit Reserve and OTTI (21,437,000) (436,598,000)
Amortized Cost 137,120,000 3,585,248,000
Gross Unrealized Gains 21,737,000 417,089,000
Gross Unrealized Losses (6,092,000) (18,818,000)
Net Unrealized Gain/(Loss) 15,645,000 398,271,000
Fair  Value 152,765,000 3,983,519,000
Principal payments receivable   614,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face   1,604,583,000
Purchase Premiums   62,790,000
Accretable Purchase Discounts   (22,000)
Discount Designated as Credit Reserve and OTTI   0
Amortized Cost   1,667,965,000
Gross Unrealized Gains   15,326,000
Gross Unrealized Losses   (18,709,000)
Net Unrealized Gain/(Loss)   (3,383,000)
Fair  Value   1,664,582,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fannie Mae    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face   1,119,708,000
Purchase Premiums   43,249,000
Accretable Purchase Discounts   (22,000)
Discount Designated as Credit Reserve and OTTI   0
Amortized Cost   1,162,935,000
Gross Unrealized Gains   9,799,000
Gross Unrealized Losses   (14,741,000)
Net Unrealized Gain/(Loss)   (4,942,000)
Fair  Value   1,157,993,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Freddie Mac    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face   480,879,000
Purchase Premiums   19,468,000
Accretable Purchase Discounts   0
Discount Designated as Credit Reserve and OTTI   0
Amortized Cost   500,961,000
Gross Unrealized Gains   5,475,000
Gross Unrealized Losses   (3,968,000)
Net Unrealized Gain/(Loss)   1,507,000
Fair  Value   502,468,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Ginnie Mae    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face   3,996,000
Purchase Premiums   73,000
Accretable Purchase Discounts   0
Discount Designated as Credit Reserve and OTTI   0
Amortized Cost   4,069,000
Gross Unrealized Gains   52,000
Gross Unrealized Losses   0
Net Unrealized Gain/(Loss)   52,000
Fair  Value   4,121,000
Non-Agency MBS    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face 60,295,000 2,195,303,000
Purchase Premiums 0 0
Accretable Purchase Discounts (8,246,000) (90,617,000)
Discount Designated as Credit Reserve and OTTI (669,000) (436,598,000)
Amortized Cost 51,380,000 1,668,088,000
Gross Unrealized Gains 8,015,000 395,459,000
Gross Unrealized Losses (2,965,000) (18,000)
Net Unrealized Gain/(Loss) 5,050,000 395,441,000
Fair  Value $ 56,430,000 2,063,529,000
Expected to Recover Par    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face   722,477,000
Purchase Premiums   0
Accretable Purchase Discounts   (16,661,000)
Discount Designated as Credit Reserve and OTTI   0
Amortized Cost   705,816,000
Gross Unrealized Gains   19,861,000
Gross Unrealized Losses   (9,000)
Net Unrealized Gain/(Loss)   19,852,000
Fair  Value   725,668,000
Expected to Recover Less Than Par    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face   1,472,826,000
Purchase Premiums   0
Accretable Purchase Discounts   (73,956,000)
Discount Designated as Credit Reserve and OTTI   (436,598,000)
Amortized Cost   962,272,000
Gross Unrealized Gains   375,598,000
Gross Unrealized Losses   (9,000)
Net Unrealized Gain/(Loss)   375,589,000
Fair  Value   $ 1,337,861,000
Percentage of current face amount of Non-Agency MBS to be recovered 99.00% 80.00%
Total MBS    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face   $ 3,799,886,000
Purchase Premiums   62,790,000
Accretable Purchase Discounts   (90,639,000)
Discount Designated as Credit Reserve and OTTI   (436,598,000)
Amortized Cost   3,336,053,000
Gross Unrealized Gains   410,785,000
Gross Unrealized Losses   (18,727,000)
Net Unrealized Gain/(Loss)   392,058,000
Fair  Value   3,728,111,000
CRT securities    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face $ 104,163,000 244,932,000
Purchase Premiums 2,414,000 4,318,000
Accretable Purchase Discounts (69,000) (55,000)
Discount Designated as Credit Reserve and OTTI (20,768,000) 0
Amortized Cost 85,740,000 249,195,000
Gross Unrealized Gains 13,722,000 6,304,000
Gross Unrealized Losses (3,127,000) (91,000)
Net Unrealized Gain/(Loss) 10,595,000 6,213,000
Fair  Value 96,335,000 255,408,000
RPL/NPL MBS    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face 57,400,000 632,300,000
Amortized Cost 49,200,000 631,800,000
Fair  Value 53,800,000 635,000,000.0
CRT, Fair Value Option    
Debt Securities, Available-for-sale [Line Items]    
Gross Unrealized Gains 410,000 6,300,000
Gross Unrealized Losses (3,100,000) (91,000)
Fair  Value $ 63,300,000 255,400,000
Agency MBS, Fair Value Option    
Debt Securities, Available-for-sale [Line Items]    
Gross Unrealized Gains   4,500,000
Gross Unrealized Losses   0
Debt securities, fair value option   $ 280,300,000