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Financing Agreements (Borrowings Under Repurchase Agreement And Associated Assets Pledged as Collateral) (Details) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Repurchase Agreements    
Total Fair Value of Assets Pledged and Accrued Interest $ 4,100,000,000 $ 11,300,000,000
Non Mark to Market Financing Facilities    
Repurchase Agreements    
Carrying Value 906,466,000 0
Total Fair Value of Assets Pledged and Accrued Interest $ 1,500,100,000 $ 0
Weighted average haircut rate 38.62% 0.00%
Financing agreements with non-mark-to-market collateral provisions    
Repurchase Agreements    
Carrying Value $ 252,747,000 $ 0
Total Fair Value of Assets Pledged and Accrued Interest $ 430,183,000 $ 0
Weighted average haircut rate 42.26% 0.00%
Residential whole loans    
Repurchase Agreements    
Carrying Value $ 1,124,162,000 $ 4,743,094,000
Total Fair Value of Assets Pledged and Accrued Interest $ 1,798,813,000 $ 5,986,267,000
Weighted average haircut rate 33.53% 20.07%
Agency MBS    
Repurchase Agreements    
Carrying Value $ 0 $ 1,557,675,000
Total Fair Value of Assets Pledged and Accrued Interest $ 0 $ 1,656,373,000
Weighted average haircut rate 0.00% 4.46%
Non-Agency MBS    
Repurchase Agreements    
Carrying Value $ 1,282,000 $ 1,121,802,000
Total Fair Value of Assets Pledged and Accrued Interest $ 2,821,000 $ 1,420,797,000
Weighted average haircut rate 50.00% 20.27%
RPL/NPL MBS    
Repurchase Agreements    
Carrying Value $ 32,950,000 $ 495,091,000
Total Fair Value of Assets Pledged and Accrued Interest $ 53,946,000 $ 635,005,000
Weighted average haircut rate 38.75% 21.52%
CRT securities    
Repurchase Agreements    
Carrying Value $ 54,883,000 $ 203,569,000
Total Fair Value of Assets Pledged and Accrued Interest $ 104,234,000 $ 252,175,000
Weighted average haircut rate 42.47% 18.84%
Term Notes Backed by MSR-Related Collateral    
Repurchase Agreements    
Carrying Value $ 124,800,000 $ 962,515,000
Total Fair Value of Assets Pledged and Accrued Interest $ 238,999,000 $ 1,217,002,000
Weighted average haircut rate 41.12% 21.18%
Other Interest Earning Assets    
Repurchase Agreements    
Carrying Value $ 0 $ 57,198,000
Total Fair Value of Assets Pledged and Accrued Interest $ 0 $ 61,708,000
Weighted average haircut rate 0.00% 22.01%
Repurchase agreements    
Repurchase Agreements    
Unamortized debt issuance expense $ 0 $ 1,123,000
Loan Securitization    
Repurchase Agreements    
Total Fair Value of Assets Pledged and Accrued Interest $ 141,900,000 $ 238,800,000