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Borrowings - Assets Sold Under Agreement to Repurchase (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Carrying value:      
Unpaid principal balance $ 1,935,200    
Unamortized debt issuance costs and premiums (1,341) $ 672  
Total loans sold under agreements to repurchase 1,933,859 2,381,538  
Fair value of assets pledged to secure 1,923,857 2,530,299  
Servicing advances 162,895 114,643  
Assets sold under agreements to repurchase      
During the period:      
Average balance of mortgage loans sold under agreements to repurchase $ 1,626,729 $ 1,829,257 $ 1,438,181
Weighted-average interest rate (as a percent) 3.87% 3.18% 2.91%
Total interest expense $ 22,463 $ 60,286 $ 49,791
Maximum daily amount outstanding 2,380,121 3,022,656 2,661,746
Carrying value:      
Unpaid principal balance 1,935,200 2,380,866  
Unamortized debt issuance costs and premiums (1,341) 672  
Total loans sold under agreements to repurchase $ 1,933,859 $ 2,381,538  
Weighted average interest rate (as a percent) 4.22% 3.24%  
Available borrowing capacity committed $ 695,767 $ 316,503  
Available borrowing capacity uncommitted 2,354,033 2,257,631  
Available borrowing capacity 3,049,800 2,574,134  
Margin deposits placed with counterparties 3,750 3,750  
Amortization of debt issuance costs 40,500 1,300 $ 7,300
Amount of Master Repurchase Agreement incentives to refinance include in interest expense $ 48,100 9,200  
Initial term of Master Repurchase Agreement 6 months    
Assets sold under agreements to repurchase | Mortgage Loans held for sale      
Carrying value:      
Fair value of assets pledged to secure $ 1,923,857 2,530,299  
Assets sold under agreements to repurchase | Servicing advances      
Carrying value:      
Servicing advances 162,895 114,643  
Assets sold under agreements to repurchase | Financing receivable | PMT      
Carrying value:      
Fair value of assets pledged to secure 131,025 144,128  
Assets sold under agreements to repurchase | Mortgage servicing rights      
Carrying value:      
Fair value of assets pledged to secure $ 2,807,333 $ 2,098,067