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Residential Whole Loans (Additional Credit Related Information) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 $ 569,835               $ 569,835  
2019 1,880,880               1,880,880  
2018 833,693               833,693  
2017 95,833               95,833  
2016 11,960               11,960  
Prior 803,131               803,131  
Total 4,195,332               4,195,332  
Gross write-offs, 2019                 21  
Gross write-offs, 2018                 1,564  
Gross write-offs, 2017                 32  
Gross write-offs, prior                 768  
Year Ended December 31, 2020 Gross write-offs 830 $ 281 $ 627 $ 647 $ 277 $ 62 $ 50 $ 0 2,385  
Net write-offs, 2019                 21  
Net write-offs, 2018                 1,564  
Net write-offs, 2017                 32  
Net write-offs, prior                 768  
Total Recoveries                 0  
Year Ended December 31, 2020 Net write-offs                 2,385  
Purchased performing loans 3,521,624       5,370,653       3,521,624 $ 5,370,653
Debt-to-Value Ratio, Less than 80 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 507,736               507,736  
2019 1,827,345               1,827,345  
2018 808,770               808,770  
2017 85,499               85,499  
2016 10,469               10,469  
Prior 557,509               557,509  
Total 3,797,328               3,797,328  
Debt-to-Value Ratio, 80 to 100 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 62,099               62,099  
2019 53,535               53,535  
2018 24,923               24,923  
2017 10,334               10,334  
2016 1,491               1,491  
Prior 245,622               245,622  
Total 398,004               398,004  
Non-QM Loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 489,172               489,172  
2019 1,140,719               1,140,719  
2018 645,364               645,364  
2017 76,181               76,181  
2016 5,749               5,749  
Prior 0               0  
Total 2,357,185               2,357,185  
Gross write-offs, 2018                 117  
Year Ended December 31, 2020 Gross write-offs                 117  
Net write-offs, 2018                 117  
Total Recoveries                 0  
Year Ended December 31, 2020 Net write-offs                 117  
Purchased performing loans 2,357,185       3,707,245       2,357,185 3,707,245
Non-QM Loans | Debt-to-Value Ratio, Less than 80 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 429,241               429,241  
2019 1,111,534               1,111,534  
2018 621,201               621,201  
2017 67,547               67,547  
2016 5,597               5,597  
Prior 0               0  
Total 2,235,120               2,235,120  
Non-QM Loans | Debt-to-Value Ratio, 80 to 100 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 59,931               59,931  
2019 29,185               29,185  
2018 24,163               24,163  
2017 8,634               8,634  
2016 152               152  
Prior 0               0  
Total 122,065               122,065  
Rehabilitation loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 44,927               44,927  
2019 460,377               460,377  
2018 70,594               70,594  
2017 5,903               5,903  
2016 0               0  
Prior 0               0  
Total 581,801               581,801  
Gross write-offs, 2019                 21  
Gross write-offs, 2018                 1,447  
Gross write-offs, 2017                 32  
Year Ended December 31, 2020 Gross write-offs                 1,500  
Net write-offs, 2019                 21  
Net write-offs, 2018                 1,447  
Net write-offs, 2017                 32  
Total Recoveries                 0  
Year Ended December 31, 2020 Net write-offs                 1,500  
Purchased performing loans 581,801       1,026,097       581,801 1,026,097
Rehabilitation loans | Debt-to-Value Ratio, Less than 80 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 44,153               44,153  
2019 448,646               448,646  
2018 70,046               70,046  
2017 4,203               4,203  
2016 0               0  
Prior 0               0  
Total 567,048               567,048  
Rehabilitation loans | Debt-to-Value Ratio, 80 to 100 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 774               774  
2019 11,731               11,731  
2018 548               548  
2017 1,700               1,700  
2016 0               0  
Prior 0               0  
Total 14,753               14,753  
Single-family rental loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 35,736               35,736  
2019 279,784               279,784  
2018 117,735               117,735  
2017 13,119               13,119  
2016 0               0  
Prior 0               0  
Total 446,374               446,374  
Purchased performing loans 446,374       460,742       446,374 460,742
Single-family rental loans | Debt-to-Value Ratio, Less than 80 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 34,342               34,342  
2019 267,165               267,165  
2018 117,523               117,523  
2017 13,119               13,119  
2016 0               0  
Prior 0               0  
Total 432,149               432,149  
Single-family rental loans | Debt-to-Value Ratio, 80 to 100 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 1,394               1,394  
2019 12,619               12,619  
2018 212               212  
2017 0               0  
2016 0               0  
Prior 0               0  
Total 14,225               14,225  
Seasoned performing loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 0               0  
2019 0               0  
2018 0               0  
2017 0               0  
2016 79               79  
Prior 136,185               136,185  
Total 136,264               136,264  
Purchased performing loans 136,264       176,569       136,264 176,569
Seasoned performing loans | Debt-to-Value Ratio, Less than 80 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 0               0  
2019 0               0  
2018 0               0  
2017 0               0  
2016 0               0  
Prior 130,316               130,316  
Total 130,316               130,316  
Seasoned performing loans | Debt-to-Value Ratio, 80 to 100 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 0               0  
2019 0               0  
2018 0               0  
2017 0               0  
2016 79               79  
Prior 5,869               5,869  
Total 5,948               5,948  
Purchased Credit Deteriorated Loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 0               0  
2019 0               0  
2018 0               0  
2017 630               630  
2016 6,132               6,132  
Prior 666,946               666,946  
Total 673,708               673,708  
Gross write-offs, prior                 768  
Year Ended December 31, 2020 Gross write-offs                 768  
Net write-offs, prior                 768  
Total Recoveries                 0  
Year Ended December 31, 2020 Net write-offs                 768  
Purchased Credit Deteriorated Loans | Debt-to-Value Ratio, Less than 80 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 0               0  
2019 0               0  
2018 0               0  
2017 630               630  
2016 4,872               4,872  
Prior 427,193               427,193  
Total 432,695               432,695  
Purchased Credit Deteriorated Loans | Debt-to-Value Ratio, 80 to 100 Percent                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
2020 0               0  
2019 0               0  
2018 0               0  
2017 0               0  
2016 1,260               1,260  
Prior 239,753               239,753  
Total 241,013               241,013  
Settled Whole Loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
Total 4,108,499       6,066,345       4,108,499 6,066,345
Settled Whole Loans | Non-QM Loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
Purchased performing loans 2,336,117       3,706,857       $ 2,336,117 $ 3,706,857
Weighted average LTV ratio                 64.00% 67.00%
Settled Whole Loans | Rehabilitation loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
Purchased performing loans 563,430       1,023,766       $ 563,430 $ 1,023,766
Weighted average LTV ratio                 63.00% 64.00%
Settled Whole Loans | Single-family rental loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
Purchased performing loans 442,456       460,679       $ 442,456 $ 460,679
Weighted average LTV ratio                 70.00% 70.00%
Settled Whole Loans | Seasoned performing loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
Purchased performing loans 136,157       176,569       $ 136,157 $ 176,569
Weighted average LTV ratio                 40.00% 46.00%
Settled Whole Loans | Certain rehabilitation loans                    
Financing Receivable, Credit Quality Indicator [Line Items]                    
Purchased performing loans $ 189,900       $ 269,200       $ 189,900 $ 269,200
Weighted average LTV ratio                 68.00% 69.00%