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SERVICER ADVANCE INVESTMENTS - Summary of Investments in Servicer Advances - Additional Information (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Investments in and Advances to Affiliates [Line Items]    
Outstanding Servicer Advances $ 389,905 $ 398,820
Face Amount of Secured Notes and Bonds Payable 21,583,871  
Servicer advance investments | Servicer Advances    
Investments in and Advances to Affiliates [Line Items]    
UPB of Underlying Residential Mortgage Loans 16,569,002 17,033,753
Outstanding Servicer Advances $ 339,309 $ 341,628
Servicer Advances to UPB of Underlying Residential Mortgage Loans 2.00% 2.00%
Face Amount of Secured Notes and Bonds Payable $ 304,688 $ 319,276
Gross Loan-to-Value 87.70% 90.20%
Net Loan-to-Value 85.60% 88.30%
Gross Cost of Funds 6.90% 6.50%
Net Cost of Funds 6.40% 5.90%