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Fair Value of Financial Instruments - Fair Value Methodology (Details)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2023
USD ($)
Dec. 31, 2022
USD ($)
Nonperforming    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value $ 699,311 $ 795,894
Purchases excluded from level 2 fair value 499 215
Nonperforming | Discounted cash flow    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value 512,213 546,675
Nonperforming | Liquidation model    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value 187,098 249,219
Simple average amount $ 498 $ 457
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Discount rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.076 0.070
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Discount rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.071 0.063
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Discount rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.111 0.100
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Prepayment rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.066 0.089
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Prepayment rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Prepayment rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.282 0.335
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Default rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.027 0.037
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Default rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Default rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.389 0.524
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Loss severity | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.098 0.113
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Loss severity | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Nonperforming | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Loss severity | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 1.000 1.000
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Discount rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Discount rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Discount rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Annual change in home prices | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 3.30% 6.90%
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Annual change in home prices | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices (0.20%) (5.40%)
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Annual change in home prices | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 12.60% 59.70%
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Liquidation timeline (in years) | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 2 years 1 year 10 months 24 days
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Liquidation timeline (in years) | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 1 month 6 days 1 month 6 days
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Liquidation timeline (in years) | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 4 years 6 months 4 years 6 months
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Current value of underlying properties | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties $ 843 $ 743
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Current value of underlying properties | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties 43 28
Nonperforming | Residential whole loans, at fair value | Level 3 | Liquidation model | Current value of underlying properties | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties 4,720 4,000
Performing    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value 6,093,612 4,880,321
Performing | Discounted cash flow    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value 5,996,971 4,857,587
Performing | Liquidation model    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value $ 96,641 $ 22,734
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Discount rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.084 0.076
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Discount rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.065 0.056
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Discount rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.248 0.227
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Prepayment rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.076 0.079
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Prepayment rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Prepayment rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.433 0.448
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Default rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.005 0.008
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Default rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Default rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.270 0.194
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Loss severity | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.108 0.073
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Loss severity | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Performing | Residential whole loans, at fair value | Level 3 | Discounted cash flow | Loss severity | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.984 1.000
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Discount rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Discount rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Discount rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Annual change in home prices | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 2.30% 3.20%
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Annual change in home prices | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 0.00% (1.00%)
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Annual change in home prices | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 9.80% 10.70%
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Liquidation timeline (in years) | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 1 year 7 months 6 days 1 year 10 months 24 days
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Liquidation timeline (in years) | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 1 month 6 days 9 months 18 days
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Liquidation timeline (in years) | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 4 years 4 years 2 months 12 days
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Current value of underlying properties | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties $ 1,567 $ 1,319
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Current value of underlying properties | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties 40 50
Performing | Residential whole loans, at fair value | Level 3 | Liquidation model | Current value of underlying properties | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties $ 5,500 $ 2,850