XML 87 R77.htm IDEA: XBRL DOCUMENT v3.23.2
Fair Value of Financial Instruments - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2023
HEI Securitization Non-Controlling Interest    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   $ 22,329
Acquisitions   0
Principal paydowns   0
Gains (losses) in net income, net   1,566
Other settlements, net   0
Ending balance - June 30, 2023 $ 23,895 23,895
ABS Issued    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   7,424,132
Acquisitions   635,080
Principal paydowns   (360,697)
Gains (losses) in net income, net   4,311
Other settlements, net   0
Ending balance - June 30, 2023 7,702,826 7,702,826
Residential Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   5,613,157
Acquisitions   235,479
Originations   0
Sales   (172,801)
Principal paydowns   (230,957)
Gains (losses) in net income, net   12,129
Unrealized losses in OCI, net   0
Other settlements, net   (1,138)
Ending balance - June 30, 2023 5,455,869 5,455,869
Business purpose loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   5,332,586
Acquisitions   0
Originations   844,799
Sales   (409,790)
Principal paydowns   (529,404)
Gains (losses) in net income, net   (4,870)
Unrealized losses in OCI, net   0
Other settlements, net   (6,598)
Ending balance - June 30, 2023 5,226,723 5,226,723
Consolidated Agency multifamily loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   424,552
Acquisitions   0
Originations   0
Sales   0
Principal paydowns   (4,145)
Gains (losses) in net income, net   (311)
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - June 30, 2023 420,096 420,096
Trading Securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   108,329
Acquisitions   7,883
Originations   0
Sales   (55,087)
Principal paydowns   (258)
Gains (losses) in net income, net   8,456
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - June 30, 2023 69,323 69,323
Available-for-sale securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   132,146
Acquisitions   1,979
Originations   0
Sales   (41,775)
Principal paydowns   (385)
Gains (losses) in net income, net   650
Unrealized losses in OCI, net   4,881
Other settlements, net   0
Ending balance - June 30, 2023 97,496 97,496
HEIs    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   403,462
Acquisitions   25,513
Originations   0
Sales   0
Principal paydowns   (17,031)
Gains (losses) in net income, net   15,363
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - June 30, 2023 427,307 427,307
Servicer Advance Investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   269,259
Acquisitions   0
Originations   0
Sales   0
Principal paydowns   (37,268)
Gains (losses) in net income, net   2,313
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - June 30, 2023 234,304 234,304
Excess MSRs    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   39,035
Acquisitions   0
Originations   0
Sales   0
Principal paydowns   0
Gains (losses) in net income, net   842
Unrealized losses in OCI, net   0
Other settlements, net   0
Ending balance - June 30, 2023 39,877 39,877
MSRs    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   31,576
Acquisitions 1,000 500
Originations   0
Sales   (272)
Principal paydowns   (100)
Gains (losses) in net income, net   635
Unrealized losses in OCI, net   0
Other settlements, net   (250)
Ending balance - June 30, 2023 32,089 32,089
Derivatives    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance - December 31, 2022   322
Acquisitions   0
Principal paydowns   0
Gains (losses) in net income, net   2,505
Other settlements, net   781
Ending balance - June 30, 2023 $ 2,046 $ 2,046