Annual report pursuant to Section 13 and 15(d)

DEBT OBLIGATIONS - Carrying Value (Details)

v3.20.4
DEBT OBLIGATIONS - Carrying Value (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Debt Instrument [Roll Forward]      
Beginning balance $ 35,636,373    
Repayments (122,526,887) $ (196,120,793) $ (85,915,552)
Ending balance 25,733,391 35,636,373  
Operating Segments      
Debt Instrument [Roll Forward]      
Beginning balance 35,636,373 22,656,235  
Ending balance 25,191,875 35,636,373 22,656,235
Excess MSRs | Operating Segments      
Debt Instrument [Roll Forward]      
Beginning balance 217,300 297,563  
Ending balance 275,088 217,300 297,563
MSRs | Operating Segments      
Debt Instrument [Roll Forward]      
Beginning balance 2,640,036 2,360,856  
Ending balance 2,691,791 2,640,036 2,360,856
Servicer Advances | Operating Segments      
Debt Instrument [Roll Forward]      
Beginning balance 3,181,672 3,382,455  
Ending balance 3,008,719 3,181,672 3,382,455
Real Estate Securities | Operating Segments      
Debt Instrument [Roll Forward]      
Beginning balance 22,799,196 11,780,855  
Ending balance 13,499,636 22,799,196 11,780,855
Residential mortgage loans and REO | Operating Segments      
Debt Instrument [Roll Forward]      
Beginning balance 5,981,480 3,898,059  
Ending balance 5,087,882 5,981,480 3,898,059
Consumer Loans | Operating Segments      
Debt Instrument [Roll Forward]      
Beginning balance 816,689 936,447  
Ending balance 628,759 816,689 $ 936,447
Secured Financing Agreements | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 176,681,783 243,316,628  
Repayments (187,047,368) (230,954,107)  
Capitalized deferred financing costs, net of amortization 2,960 (264)  
Secured Financing Agreements | Excess MSRs | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 0 0  
Repayments 0 0  
Capitalized deferred financing costs, net of amortization 0 0  
Secured Financing Agreements | MSRs | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 0 0  
Repayments 0 0  
Capitalized deferred financing costs, net of amortization 0 0  
Secured Financing Agreements | Servicer Advances | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 0 0  
Repayments 0 0  
Capitalized deferred financing costs, net of amortization 0 0  
Secured Financing Agreements | Real Estate Securities | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 113,228,180 207,138,969  
Repayments (122,526,887) (196,120,793)  
Capitalized deferred financing costs, net of amortization 853 165  
Secured Financing Agreements | Residential mortgage loans and REO | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 63,453,603 36,177,659  
Repayments (64,520,481) (34,833,314)  
Capitalized deferred financing costs, net of amortization 2,107 (429)  
Secured Financing Agreements | Consumer Loans | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 0 0  
Repayments 0 0  
Capitalized deferred financing costs, net of amortization 0 0  
Secured Notes And Bonds Payable | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 9,380,533 9,706,864  
Repayments (9,447,770) (9,303,527)  
Capitalized deferred financing costs, net of amortization (6,800) (2,422)  
Acquisitions   209,459  
Discount on borrowings, net of amortization (2,882) 6,271  
Unrealized (gain) loss on notes, fair value 966 1,236  
Secured Notes And Bonds Payable | Excess MSRs | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 193,357 456,741  
Repayments (135,569) (537,200)  
Capitalized deferred financing costs, net of amortization 0 196  
Acquisitions   0  
Discount on borrowings, net of amortization 0 0  
Unrealized (gain) loss on notes, fair value 0 0  
Secured Notes And Bonds Payable | MSRs | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 3,575,811 2,456,410  
Repayments (3,517,429) (2,178,755)  
Capitalized deferred financing costs, net of amortization (6,627) 1,525  
Acquisitions   0  
Discount on borrowings, net of amortization 0 0  
Unrealized (gain) loss on notes, fair value 0 0  
Secured Notes And Bonds Payable | Servicer Advances | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 4,072,560 4,952,585  
Repayments (4,245,295) (5,149,327)  
Capitalized deferred financing costs, net of amortization (218) (4,143)  
Acquisitions   0  
Discount on borrowings, net of amortization 0 102  
Unrealized (gain) loss on notes, fair value 0 0  
Secured Notes And Bonds Payable | Real Estate Securities | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 0 0  
Repayments 0 0  
Capitalized deferred financing costs, net of amortization 0 0  
Acquisitions   0  
Discount on borrowings, net of amortization 0 0  
Unrealized (gain) loss on notes, fair value 0 0  
Secured Notes And Bonds Payable | Residential mortgage loans and REO | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 875,758 912,445  
Repayments (697,789) (383,635)  
Capitalized deferred financing costs, net of amortization 45 0  
Acquisitions   209,459  
Discount on borrowings, net of amortization 0 0  
Unrealized (gain) loss on notes, fair value (2,627) 1,236  
Secured Notes And Bonds Payable | Consumer Loans | Operating Segments      
Debt Instrument [Roll Forward]      
Borrowings 663,047 928,683  
Repayments (851,688) (1,054,610)  
Capitalized deferred financing costs, net of amortization 0 0  
Acquisitions   0  
Discount on borrowings, net of amortization (2,882) 6,169  
Unrealized (gain) loss on notes, fair value $ 3,593 $ 0