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Fair Value of Financial Instruments - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
HEI Securitization Non-Controlling Interest    
Liabilities    
Beginning balance $ 17,035 $ 0
Acquisitions 0 16,639
Principal paydowns 0 0
Gains (losses) in net income (loss), net 5,294 396
Other settlements, net 0 0
Ending Balance 22,329 17,035
ABS Issued    
Liabilities    
Beginning balance 8,843,147 6,900,362
Acquisitions 1,205,289 4,202,070
Principal paydowns (1,394,000) (1,922,313)
Gains (losses) in net income (loss), net (1,230,304) (336,972)
Other settlements, net 0 0
Ending Balance 7,424,132 8,843,147
Residential Loans    
Assets    
Beginning balance 7,592,398 4,249,014
Acquisitions 3,692,104 13,139,907
Originations 0 0
Sales (3,830,318) (8,449,328)
Principal paydowns (866,474) (1,360,649)
Gains (losses) in net income (loss), net (970,241) 16,688
Unrealized losses in OCI, net 0 0
Other settlements, net (4,312) (3,234)
Ending Balance 5,613,157 7,592,398
Business Purpose Loans    
Assets    
Beginning balance 4,790,989 4,136,353
Acquisitions 181,814 136,685
Originations 2,715,817 2,150,539
Sales (495,472) (211,113)
Principal paydowns (1,324,640) (1,307,566)
Gains (losses) in net income (loss), net (531,947) (77,357)
Unrealized losses in OCI, net 0 0
Other settlements, net (3,975) (36,552)
Ending Balance 5,332,586 4,790,989
Multifamily securities    
Assets    
Beginning balance 473,514 492,221
Acquisitions 0 0
Originations 0 0
Sales 0 0
Principal paydowns (7,975) (7,639)
Gains (losses) in net income (loss), net (40,987) (11,068)
Unrealized losses in OCI, net 0 0
Other settlements, net 0 0
Ending Balance 424,552 473,514
Trading securities    
Assets    
Beginning balance 170,619 125,667
Acquisitions 5,006 58,917
Originations 0 0
Sales (31,729) (34,802)
Principal paydowns (1,347) (2,713)
Gains (losses) in net income (loss), net (34,220) 23,550
Unrealized losses in OCI, net 0 0
Other settlements, net 0 0
Ending Balance 108,329 170,619
AFS Securities    
Assets    
Beginning balance 206,792 218,458
Acquisitions 10,000 19,100
Originations 0 0
Sales 0 (4,785)
Principal paydowns (31,390) (57,953)
Gains (losses) in net income (loss), net 13,660 40,735
Unrealized losses in OCI, net (66,916) (8,763)
Other settlements, net 0 0
Ending Balance 132,146 206,792
Servicer advance investments    
Assets    
Beginning balance 350,923 231,489
Acquisitions 0 196,583
Originations 0 0
Sales 0 0
Principal paydowns (70,589) (76,223)
Gains (losses) in net income (loss), net (11,075) (926)
Unrealized losses in OCI, net 0 0
Other settlements, net 0 0
Ending Balance 269,259 350,923
Excess MSRs    
Assets    
Beginning balance 44,231 34,418
Acquisitions 0 17,830
Originations 0 0
Sales 0 0
Principal paydowns 0 0
Gains (losses) in net income (loss), net (5,196) (8,017)
Unrealized losses in OCI, net 0 0
Other settlements, net 0 0
Ending Balance 39,035 44,231
HEIs    
Assets    
Beginning balance 192,740 42,440
Acquisitions 248,218 155,023
Originations 0 0
Sales 0 0
Principal paydowns (42,744) (19,395)
Gains (losses) in net income (loss), net 5,248 13,774
Unrealized losses in OCI, net 0 0
Other settlements, net 0 898
Ending Balance 403,462 192,740
MSRs and Other Investments    
Assets    
Beginning balance 25,101 27,662
Acquisitions 8,638 15,215
Originations (3,299) 0
Sales 0 0
Principal paydowns (158) (14,751)
Gains (losses) in net income (loss), net 9,873 (2,846)
Unrealized losses in OCI, net 0 0
Other settlements, net (8,579) (179)
Ending Balance 31,576 25,101
Derivatives    
Assets    
Beginning balance 4,130 14,450
Acquisitions 0 0
Principal paydowns 0 0
Gains (losses) in net income (loss), net (55,209) 10,437
Other settlements, net 51,401 (20,757)
Ending Balance $ 322 $ 4,130