Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENT - Carrying Values and Fair Values of Financial Assets Recorded at Fair Value on a Recurring Basis (Details)

v3.19.3
FAIR VALUE MEASUREMENT - Carrying Values and Fair Values of Financial Assets Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Investments in:      
Excess mortgage servicing rights, at fair value $ 398,064 $ 447,860  
Mortgage servicing rights, at fair value 5,243,229 4,528,604  
Mortgage servicing rights financing receivables, at fair value 1,811,261 1,644,504  
Real estate and other securities, available-for-sale 16,853,910 11,636,581  
Residential mortgage loans, held-for-sale, at fair value 5,206,251 2,808,529  
Residential mortgage loans, held-for-investment, at fair value 113,133 121,088  
Residential mortgage loans subject to repurchase 168,532 121,602 $ 110,181
Derivative assets 36,712 10,893  
Restricted cash 163,148 164,020  
Liabilities      
Residential mortgage loans repurchase liability 168,532 121,602  
Derivative liabilities 1,842 29,389  
Excess spread financing, at fair value 30,377 $ 39,304  
Recurring Basis      
Investments in:      
Excess mortgage servicing rights, principal balance 93,025,190    
Excess mortgage servicing rights, equity method investees, principal balance 35,632,429    
Mortgage servicing rights, principal balance 319,927,285    
Mortgage servicing rights financing receivables, principal balance 140,523,235    
Servicer advance investments, principal balance 492,480    
Real estate and other securities, available-for-sale, principal balance 30,643,013    
Residential mortgage loans, held-for-investment, principal balance 569,888    
Residential mortgage loans, held-for-sale, principal balance 1,449,469    
Residential mortgage loans, held-for-sale, at fair value principal balance 5,272,963    
Residential mortgage loans, held-for-investment, at fair value, principal balance 112,112    
Residential mortgage loans, subject to repurchase, principal balance 168,532    
Consumer loans, held-for-investment, principal balance 878,431    
Derivative assets 17,619,076    
Cash and cash equivalents, principal balance 738,219    
Restricted cash, principal balance 163,148    
Liabilities      
Repurchase agreements, principal balance 23,111,366    
Notes and bonds payable, principal balance 7,413,590    
Residential mortgage loan repurchase liability, principal balance 168,532    
Derivative liabilities, principal amount 8,151,098    
Excess spread financing, principal balance 3,113,756    
Mortgage backed securities, issued at fair value 474,300    
Recurring Basis | Carrying Value      
Investments in:      
Excess mortgage servicing rights, at fair value 398,064    
Excess mortgage servicing rights, equity method investees, at fair value 132,259    
Mortgage servicing rights, at fair value 3,431,968    
Mortgage servicing rights financing receivables, at fair value 1,811,261    
Servicer advance investments, at fair value 600,547    
Real estate and other securities, available-for-sale 16,853,910    
Residential mortgage loans, held-for-investment 500,524    
Residential mortgage loans, held-for-sale 1,349,997    
Residential mortgage loans, held-for-sale, at fair value 5,206,251    
Residential mortgage loans, held-for-investment, at fair value 113,133    
Residential mortgage loans subject to repurchase 168,532    
Consumer loans, held-for-investment 881,183    
Derivative assets 36,712    
Cash and cash equivalents 738,219    
Restricted cash 163,148    
Other assets 25,187    
Assets, fair value 32,410,895    
Liabilities      
Repurchase agreements 23,110,359    
Notes and bonds payable 7,405,872    
Residential mortgage loans repurchase liability 168,532    
Derivative liabilities 1,842    
Excess spread financing, at fair value 30,377    
Contingent consideration 52,761    
Liabilities, fair value 30,769,743    
Recurring Basis | Fair Value      
Investments in:      
Excess mortgage servicing rights, at fair value 398,064    
Excess mortgage servicing rights, equity method investees, at fair value 132,259    
Mortgage servicing rights, at fair value 3,431,968    
Mortgage servicing rights financing receivables, at fair value 1,811,261    
Servicer advance investments, at fair value 600,547    
Real estate and other securities, available-for-sale 16,853,910    
Residential mortgage loans, held-for-investment 495,424    
Residential mortgage loans, held-for-sale 1,365,262    
Residential mortgage loans, held-for-sale, at fair value 5,206,280    
Residential mortgage loans, held-for-investment, at fair value 113,133    
Residential mortgage loans subject to repurchase 168,532    
Consumer loans, held-for-investment 903,805    
Derivative assets 36,712    
Cash and cash equivalents 738,219    
Restricted cash 163,148    
Other assets 25,187    
Assets, fair value 32,443,711    
Liabilities      
Repurchase agreements 23,111,366    
Notes and bonds payable 7,486,297    
Residential mortgage loans repurchase liability 168,532    
Derivative liabilities 1,842    
Excess spread financing, at fair value 30,377    
Contingent consideration 52,761    
Liabilities, fair value 30,851,175    
Recurring Basis | Fair Value | Level 1      
Investments in:      
Excess mortgage servicing rights, at fair value 0    
Excess mortgage servicing rights, equity method investees, at fair value 0    
Mortgage servicing rights, at fair value 0    
Mortgage servicing rights financing receivables, at fair value 0    
Servicer advance investments, at fair value 0    
Real estate and other securities, available-for-sale 0    
Residential mortgage loans, held-for-investment 0    
Residential mortgage loans, held-for-sale 0    
Residential mortgage loans, held-for-sale, at fair value 0    
Residential mortgage loans, held-for-investment, at fair value 0    
Residential mortgage loans subject to repurchase 0    
Consumer loans, held-for-investment 0    
Derivative assets 0    
Cash and cash equivalents 738,219    
Restricted cash 163,148    
Other assets 10,912    
Assets, fair value 912,279    
Liabilities      
Repurchase agreements 0    
Notes and bonds payable 0    
Residential mortgage loans repurchase liability 0    
Derivative liabilities 0    
Excess spread financing, at fair value 0    
Contingent consideration 0    
Liabilities, fair value 0    
Recurring Basis | Fair Value | Level 2      
Investments in:      
Excess mortgage servicing rights, at fair value 0    
Excess mortgage servicing rights, equity method investees, at fair value 0    
Mortgage servicing rights, at fair value 0    
Mortgage servicing rights financing receivables, at fair value 0    
Servicer advance investments, at fair value 0    
Real estate and other securities, available-for-sale 8,998,066    
Residential mortgage loans, held-for-investment 0    
Residential mortgage loans, held-for-sale 0    
Residential mortgage loans, held-for-sale, at fair value 872,088    
Residential mortgage loans, held-for-investment, at fair value 0    
Residential mortgage loans subject to repurchase 168,532    
Consumer loans, held-for-investment 0    
Derivative assets 10,498    
Cash and cash equivalents 0    
Restricted cash 0    
Other assets 0    
Assets, fair value 10,049,184    
Liabilities      
Repurchase agreements 23,111,366    
Notes and bonds payable 0    
Residential mortgage loans repurchase liability 168,532    
Derivative liabilities 166    
Excess spread financing, at fair value 0    
Contingent consideration 0    
Liabilities, fair value 23,280,064    
Recurring Basis | Fair Value | Level 3      
Investments in:      
Excess mortgage servicing rights, at fair value 398,064    
Excess mortgage servicing rights, equity method investees, at fair value 132,259    
Mortgage servicing rights, at fair value 3,431,968    
Mortgage servicing rights financing receivables, at fair value 1,811,261    
Servicer advance investments, at fair value 600,547    
Real estate and other securities, available-for-sale 7,855,844    
Residential mortgage loans, held-for-investment 495,424    
Residential mortgage loans, held-for-sale 1,365,262    
Residential mortgage loans, held-for-sale, at fair value 4,334,192    
Residential mortgage loans, held-for-investment, at fair value 113,133    
Residential mortgage loans subject to repurchase 0    
Consumer loans, held-for-investment 903,805    
Derivative assets 26,214    
Cash and cash equivalents 0    
Restricted cash 0    
Other assets 14,275    
Assets, fair value 21,482,248    
Liabilities      
Repurchase agreements 0    
Notes and bonds payable 7,486,297    
Residential mortgage loans repurchase liability 0    
Derivative liabilities 1,676    
Excess spread financing, at fair value 30,377    
Contingent consideration 52,761    
Liabilities, fair value 7,571,111    
Recurring Basis | Fair Value | Fair Value Measured at Net Asset Value Per Share      
Investments in:      
Other assets $ 74,100