Quarterly report pursuant to Section 13 or 15(d)

DEBT OBLIGATIONS - Carrying Value of Debt Obligations (Details)

v3.20.1
DEBT OBLIGATIONS - Carrying Value of Debt Obligations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Debt Instrument [Roll Forward]    
Beginning balance $ 35,636,373  
Borrowings 76,181,064 $ 43,688,820
Repayments (93,283,204) $ (40,803,763)
Ending balance 17,828,709  
Excess MSRs    
Debt Instrument [Roll Forward]    
Beginning balance 217,300  
Ending balance 308,800  
MSRs    
Debt Instrument [Roll Forward]    
Beginning balance 2,640,036  
Ending balance 2,541,089  
Servicer Advances    
Debt Instrument [Roll Forward]    
Beginning balance 3,181,672  
Ending balance 2,969,209  
Real Estate Securities    
Debt Instrument [Roll Forward]    
Beginning balance 22,799,196  
Ending balance 6,434,463  
Residential Mortgage Loans and REO    
Debt Instrument [Roll Forward]    
Beginning balance 5,981,480  
Ending balance 4,807,885  
Consumer Loans    
Debt Instrument [Roll Forward]    
Beginning balance 816,689  
Ending balance 767,263  
Repurchase Agreements    
Debt Instrument [Roll Forward]    
Borrowings 76,181,064  
Repayments (93,283,204)  
Capitalized deferred financing costs, net of amortization 45  
Repurchase Agreements | Excess MSRs    
Debt Instrument [Roll Forward]    
Borrowings 0  
Repayments 0  
Capitalized deferred financing costs, net of amortization 0  
Repurchase Agreements | MSRs    
Debt Instrument [Roll Forward]    
Borrowings 0  
Repayments 0  
Capitalized deferred financing costs, net of amortization 0  
Repurchase Agreements | Servicer Advances    
Debt Instrument [Roll Forward]    
Borrowings 0  
Repayments 0  
Capitalized deferred financing costs, net of amortization 0  
Repurchase Agreements | Real Estate Securities    
Debt Instrument [Roll Forward]    
Borrowings 64,122,355  
Repayments (80,487,088)  
Capitalized deferred financing costs, net of amortization 0  
Repurchase Agreements | Residential Mortgage Loans and REO    
Debt Instrument [Roll Forward]    
Borrowings 12,058,709  
Repayments (12,796,116)  
Capitalized deferred financing costs, net of amortization 45  
Repurchase Agreements | Consumer Loans    
Debt Instrument [Roll Forward]    
Borrowings 0  
Repayments 0  
Capitalized deferred financing costs, net of amortization 0  
Notes Payable    
Debt Instrument [Roll Forward]    
Borrowings 1,478,677  
Repayments (2,168,896)  
Discount on borrowings, net of amortization 123  
Unrealized loss on notes, fair value (17,002)  
Capitalized deferred financing costs, net of amortization 1,529  
Notes Payable | Excess MSRs    
Debt Instrument [Roll Forward]    
Beginning balance 217,300  
Borrowings 97,173  
Repayments (5,673)  
Discount on borrowings, net of amortization 0  
Unrealized loss on notes, fair value 0  
Capitalized deferred financing costs, net of amortization 0  
Ending balance 308,800  
Notes Payable | MSRs    
Debt Instrument [Roll Forward]    
Borrowings 347,020  
Repayments (446,681)  
Discount on borrowings, net of amortization 0  
Unrealized loss on notes, fair value 0  
Capitalized deferred financing costs, net of amortization 714  
Notes Payable | Servicer Advances    
Debt Instrument [Roll Forward]    
Beginning balance 3,181,672  
Borrowings 1,034,484  
Repayments (1,247,762)  
Discount on borrowings, net of amortization 0  
Unrealized loss on notes, fair value 0  
Capitalized deferred financing costs, net of amortization 815  
Ending balance 2,969,209  
Notes Payable | Real Estate Securities    
Debt Instrument [Roll Forward]    
Borrowings 0  
Repayments 0  
Discount on borrowings, net of amortization 0  
Unrealized loss on notes, fair value 0  
Capitalized deferred financing costs, net of amortization 0  
Notes Payable | Residential Mortgage Loans and REO    
Debt Instrument [Roll Forward]    
Borrowings 0  
Repayments (419,231)  
Discount on borrowings, net of amortization 0  
Unrealized loss on notes, fair value (17,002)  
Capitalized deferred financing costs, net of amortization 0  
Notes Payable | Consumer Loans    
Debt Instrument [Roll Forward]    
Beginning balance 816,689  
Borrowings 0  
Repayments (49,549)  
Discount on borrowings, net of amortization 123  
Unrealized loss on notes, fair value 0  
Capitalized deferred financing costs, net of amortization 0  
Ending balance $ 767,263