Quarterly report pursuant to Section 13 or 15(d)

RESIDENTIAL MORTGAGE LOANS - Schedule of Net Interest Income (Details)

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RESIDENTIAL MORTGAGE LOANS - Schedule of Net Interest Income (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest income:        
Loans held-for-investment, at fair value $ 11,090 $ 12,647 $ 34,061 $ 40,985
Total interest income 92,341 51,320 216,071 184,223
Interest expense:        
Loans held-for-investment, at fair value 4,238 5,326 13,129 15,934
Total interest expense 57,455 30,303 133,217 97,641
Net interest income 34,886 21,017 82,854 86,582
Acquired Loans, at Lower of Cost or Fair Value        
Interest income:        
Loans Held-for-Sale 5,449 7,406 18,241 38,673
Interest expense:        
Loans Held-for-Sale 4,030 4,068 16,303 17,501
Acquired Loans        
Interest income:        
Loans Held-for-Sale 75,802 31,267 163,769 104,565
Interest expense:        
Loans Held-for-Sale $ 49,187 $ 20,909 $ 103,785 $ 64,206