Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS AND REAL ESTATE OWNED - Loans Held For Sale, Fair Value (Details)

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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS AND REAL ESTATE OWNED - Loans Held For Sale, Fair Value (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Loans Held-for-sale, Reconciliation    
Accretion of loan discount and premium amortization, net $ 41,104 $ 152,894
Fair value adjustment 400  
Originated Loans    
Loans Held-for-sale, Reconciliation    
Loans held-for-sale, fair value 1,414,528  
Originations 11,440,093  
Sales (11,358,767)  
Proceeds from repayments (170)  
Transfer of loans to real estate owned 0  
Transfer of loans to other assets (1,707)  
Fair value adjustment 14,447  
Loans held-for-sale, fair value 1,479,530  
Acquired Loans    
Loans Held-for-sale, Reconciliation    
Loans held-for-sale, fair value 3,199,084  
Purchases 878,049  
Sales (2,028,620)  
Proceeds from repayments (47,200)  
Transfer of loans to real estate owned (2,997)  
Transfer of loans to other assets (4,936)  
Fair value adjustment 188,937  
Loans held-for-sale, fair value 1,804,443  
Acquired Loans, at Lower Cost or Fair Value    
Loans Held-for-sale, Reconciliation    
Loans held-for-sale, fair value 1,429,052  
Purchases 109,666  
Transfer of loans from held-for-investment 0  
Sales (103,327)  
Proceeds from repayments (59,526)  
Transfer of loans to real estate owned (12,238)  
Transfer of loans to other assets (390)  
Provision for loan losses (98,704)  
Loans held-for-sale, fair value $ 1,264,533