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Residential Whole Loans (Allowance for Credit Losses) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2021
Jan. 01, 2020
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning balance $ 54,261 $ 63,244 $ 86,833 $ 136,589 $ 218,011 $ 3,025 $ 86,833  
Transition adjustment on adoption of ASU 2016-13           70,555 70,600  
Current provision (9,626) (8,583) (22,372) (30,062) (10,614) 74,897    
Write-offs (533) (400) (1,217) (281) (627) (647) (2,149)  
Valuation adjustment on loans held for sale         (70,181) 70,181    
Ending balance 44,102 54,261 63,244 106,246 136,589 218,011 44,102  
Loans 3,031,966           3,031,966  
Allowance for loan loss 44,102 54,261 63,244 106,246 136,589 218,011 44,102  
Gross up of the amortized cost basis of Purchased Credit Deteriorated Loans             62,400  
Non-QM loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning balance 12,092 14,545 21,068 31,353 103,831 388 21,068  
Transition adjustment on adoption of ASU 2016-13           6,904    
Current provision (2,403) (2,416) (6,523) (4,568) (2,297) 26,358    
Write-offs 0 (37) 0 (32) 0 0    
Valuation adjustment on loans held for sale         (70,181) 70,181    
Ending balance 9,689 12,092 14,545 26,753 31,353 103,831 9,689  
Allowance for loan loss 9,689 12,092 14,545 26,753 31,353 103,831 9,689  
Rehabilitation loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning balance 11,604 13,668 18,371 30,000 35,633 2,331 18,371  
Transition adjustment on adoption of ASU 2016-13           517    
Current provision (2,526) (1,809) (3,700) (7,140) (5,213) 33,213    
Write-offs (393) (255) (1,003) (227) (420) (428)    
Valuation adjustment on loans held for sale         0 0    
Ending balance 8,685 11,604 13,668 22,633 30,000 35,633 8,685  
Loans 94,900     143,400     94,900  
Allowance for loan loss 8,685 11,604 13,668 22,633 30,000 35,633 8,685  
Single-family rental loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning balance 2,360 2,746 3,918 6,931 7,431 62 3,918  
Transition adjustment on adoption of ASU 2016-13           754    
Current provision (670) (386) (1,172) (1,906) (500) 6,615    
Write-offs (56) 0 0 0 0 0    
Valuation adjustment on loans held for sale         0 0    
Ending balance 1,634 2,360 2,746 5,025 6,931 7,431 1,634  
Allowance for loan loss 1,634 2,360 2,746 5,025 6,931 7,431 1,634  
Seasoned performing loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning balance 57 66 107 224 249 0 107  
Transition adjustment on adoption of ASU 2016-13           19    
Current provision (7) (9) (41) (74) (25) 230    
Write-offs 0 0 0 0 0 0    
Valuation adjustment on loans held for sale         0 0    
Ending balance 50 57 66 150 224 249 50  
Allowance for loan loss 50 57 66 150 224 249 50  
Purchased credit deteriorated loans                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Beginning balance 28,148 32,219 43,369 68,081 70,867 244 43,369  
Transition adjustment on adoption of ASU 2016-13           62,361    
Current provision (4,020) (3,963) (10,936) (16,374) (2,579) 8,481    
Write-offs (84) (108) (214) (22) (207) (219)    
Valuation adjustment on loans held for sale         0 0    
Ending balance 24,044 28,148 32,219 51,685 68,081 70,867 24,044  
Loans 57,400     72,700     57,400  
Allowance for loan loss 24,044 $ 28,148 $ 32,219 51,685 $ 68,081 $ 70,867 24,044  
Unfunded Loan Commitment                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Ending balance 355     1,600     355  
Commitment to lend, unfunded 29,200     73,200     29,200  
Allowance for loan loss $ 355     $ 1,600     $ 355  
Cumulative Effect, Period of Adoption, Adjustment                
Financing Receivable, Allowance for Credit Loss [Roll Forward]                
Allowance for loan loss               $ 8,300