XML 60 R50.htm IDEA: XBRL DOCUMENT v3.22.2
Residential Whole Loans - Additional Credit Related Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 $ 0       $ 0  
2021 69,861       69,861  
2020 272,065       272,065  
2019 744,102       744,102  
2018 343,510       343,510  
Prior 633,677       633,677  
Residential whole loans, total or weighted average 2,063,215       2,063,215  
Gross write-offs, 2019         495  
Gross write-offs, 2018         105  
Gross write-offs, prior         284  
Six Months Ended June 30, 2022 Gross write-offs 360 $ 523 $ 400 $ 1,217 $ 884  
Ratio Loan-To-Value         80.00%  
Debt-to-Value Ratio, Less than 80 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       $ 0  
2021 67,714       67,714  
2020 253,692       253,692  
2019 719,573       719,573  
2018 332,011       332,011  
Prior 522,309       522,309  
Residential whole loans, total or weighted average 1,895,299       1,895,299  
Debt-to-Value Ratio, 81 to 100 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 2,147       2,147  
2020 18,373       18,373  
2019 24,529       24,529  
2018 11,499       11,499  
Prior 111,368       111,368  
Residential whole loans, total or weighted average 167,916       167,916  
Non-QM loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 52,635       52,635  
2020 228,966       228,966  
2019 527,819       527,819  
2018 272,137       272,137  
Prior 32,139       32,139  
Residential whole loans, total or weighted average 1,113,696       1,113,696  
Gross write-offs, 2018         51  
Six Months Ended June 30, 2022 Gross write-offs         51  
Non-QM loans | Debt-to-Value Ratio, Less than 80 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 50,488       50,488  
2020 213,384       213,384  
2019 519,616       519,616  
2018 264,276       264,276  
Prior 30,517       30,517  
Residential whole loans, total or weighted average 1,078,281       1,078,281  
Non-QM loans | Debt-to-Value Ratio, 81 to 100 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 2,147       2,147  
2020 15,582       15,582  
2019 8,203       8,203  
2018 7,861       7,861  
Prior 1,622       1,622  
Residential whole loans, total or weighted average 35,415       $ 35,415  
Non-QM loans | Settled Whole Loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
Ratio Loan-To-Value         65.00% 66.00%
Rehabilitation loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       $ 0  
2021 3,061       3,061  
2020 14,103       14,103  
2019 71,662       71,662  
2018 17,592       17,592  
Prior 4,746       4,746  
Residential whole loans, total or weighted average 111,164       111,164  
Gross write-offs, 2019         296  
Gross write-offs, 2018         41  
Six Months Ended June 30, 2022 Gross write-offs         337  
Rehabilitation loans | Debt-to-Value Ratio, Less than 80 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 3,061       3,061  
2020 11,823       11,823  
2019 60,678       60,678  
2018 14,040       14,040  
Prior 3,047       3,047  
Residential whole loans, total or weighted average 92,649       92,649  
Rehabilitation loans | Debt-to-Value Ratio, 81 to 100 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 0       0  
2020 2,280       2,280  
2019 10,984       10,984  
2018 3,552       3,552  
Prior 1,699       1,699  
Residential whole loans, total or weighted average 18,515       $ 18,515  
Rehabilitation loans | Settled Whole Loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
Ratio Loan-To-Value         67.00% 67.00%
Single-family rental loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       $ 0  
2021 14,165       14,165  
2020 28,996       28,996  
2019 144,621       144,621  
2018 53,781       53,781  
Prior 5,566       5,566  
Residential whole loans, total or weighted average 247,129       247,129  
Gross write-offs, 2019         199  
Gross write-offs, 2018         13  
Six Months Ended June 30, 2022 Gross write-offs         212  
Single-family rental loans | Debt-to-Value Ratio, Less than 80 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 14,165       14,165  
2020 28,485       28,485  
2019 139,279       139,279  
2018 53,695       53,695  
Prior 5,566       5,566  
Residential whole loans, total or weighted average 241,190       241,190  
Single-family rental loans | Debt-to-Value Ratio, 81 to 100 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 0       0  
2020 511       511  
2019 5,342       5,342  
2018 86       86  
Prior 0       0  
Residential whole loans, total or weighted average 5,939       $ 5,939  
Single-family rental loans | Settled Whole Loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
Ratio Loan-To-Value         70.00% 70.00%
Seasoned performing loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       $ 0  
2021 0       0  
2020 0       0  
2019 0       0  
2018 0       0  
Prior 92,909       92,909  
Residential whole loans, total or weighted average 92,909       92,909  
Seasoned performing loans | Debt-to-Value Ratio, Less than 80 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 0       0  
2020 0       0  
2019 0       0  
2018 0       0  
Prior 89,973       89,973  
Residential whole loans, total or weighted average 89,973       89,973  
Seasoned performing loans | Debt-to-Value Ratio, 81 to 100 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 0       0  
2020 0       0  
2019 0       0  
2018 0       0  
Prior 2,936       2,936  
Residential whole loans, total or weighted average 2,936       $ 2,936  
Seasoned performing loans | Settled Whole Loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
Ratio Loan-To-Value         31.00% 37.00%
Purchased Credit Deteriorated Loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       $ 0  
2021 0       0  
2020 0       0  
2019 0       0  
2018 0       0  
Prior 498,317       498,317  
Residential whole loans, total or weighted average 498,317       498,317 $ 547,772
Gross write-offs, prior         284  
Six Months Ended June 30, 2022 Gross write-offs         284  
Purchased Credit Deteriorated Loans | Debt-to-Value Ratio, Less than 80 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 0       0  
2020 0       0  
2019 0       0  
2018 0       0  
Prior 393,206       393,206  
Residential whole loans, total or weighted average 393,206       393,206  
Purchased Credit Deteriorated Loans | Debt-to-Value Ratio, 81 to 100 Percent            
Financing Receivable, Credit Quality Indicator [Line Items]            
2022 0       0  
2021 0       0  
2020 0       0  
2019 0       0  
2018 0       0  
Prior 105,111       105,111  
Residential whole loans, total or weighted average 105,111       105,111  
Certain rehabilitation loans | Settled Whole Loans            
Financing Receivable, Credit Quality Indicator [Line Items]            
Purchased performing loans $ 172,300       $ 172,300 $ 137,300
Ratio Loan-To-Value         72.00% 71.00%