Quarterly report pursuant to Section 13 or 15(d)

RESIDENTIAL MORTGAGE LOANS - Gain On Sale of Originated Mortgage Loans, Net (Details)

v3.21.2
RESIDENTIAL MORTGAGE LOANS - Gain On Sale of Originated Mortgage Loans, Net (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Long Lived Assets Held-for-sale [Line Items]        
Gain on loans originated and sold, net $ 249,848 $ 244,225 $ 347,574 $ 520,096
Gain (loss) on settlement of mortgage loan origination derivative instruments (105,594) (68,789) 48,522 (290,671)
MSRs retained on transfer of loans 415,054 156,353 878,190 424,451
Other 27,614 12,460 79,716 33,890
Realized gain on sale of originated mortgage loans, net 586,922 344,249 1,354,002 687,766
Change in fair value of derivative instruments 50,771 76,006 (29,363) 182,672
Gain on originated mortgage loans, held-for-sale, net 566,761 488,253 1,257,094 966,813
Loan origination fees and direct loan origination costs 678,400 566,300 1,775,700 953,100
Change in fair value of interest rate lock commitments        
Long Lived Assets Held-for-sale [Line Items]        
Change in fair value of derivative instruments (101,411) 82,019 (281,094) 206,073
Change in fair value of derivative instruments        
Long Lived Assets Held-for-sale [Line Items]        
Change in fair value of derivative instruments 152,182 (6,013) 251,731 (23,401)
Change in fair value of loans        
Long Lived Assets Held-for-sale [Line Items]        
Change in fair value of loans $ (70,932) $ 67,998 $ (67,545) $ 96,375