Quarterly report pursuant to Section 13 or 15(d)

DEBT OBLIGATIONS - Carrying Value of Debt Obligations (Details)

v3.21.2
DEBT OBLIGATIONS - Carrying Value of Debt Obligations (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Debt Instrument [Roll Forward]    
Beginning balance $ 25,191,875  
Repayments (58,118,431) $ (113,038,497)
Ending balance 31,008,077  
Excess MSRs    
Debt Instrument [Roll Forward]    
Beginning balance 275,088  
Ending balance 248,061  
MSRs    
Debt Instrument [Roll Forward]    
Beginning balance 2,691,791  
Ending balance 3,617,850  
Servicer advances    
Debt Instrument [Roll Forward]    
Beginning balance 3,008,719  
Ending balance 2,722,755  
Real Estate Securities    
Debt Instrument [Roll Forward]    
Beginning balance 13,499,636  
Ending balance 9,679,550  
Residential Mortgage Loans and REO    
Debt Instrument [Roll Forward]    
Beginning balance 5,087,882  
Ending balance 14,242,515  
Consumer Loans    
Debt Instrument [Roll Forward]    
Beginning balance 628,759  
Ending balance 497,346  
Repurchase Agreements    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 7,090,577  
Borrowings 144,492,939  
Repayments (146,372,735)  
Capitalized deferred financing costs, net of amortization 1,524  
Repurchase Agreements | Excess MSRs    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 0  
Borrowings 0  
Repayments 0  
Capitalized deferred financing costs, net of amortization 0  
Repurchase Agreements | MSRs    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 0  
Borrowings 0  
Repayments 0  
Capitalized deferred financing costs, net of amortization 0  
Repurchase Agreements | Servicer advances    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 0  
Borrowings 0  
Repayments 0  
Capitalized deferred financing costs, net of amortization 0  
Repurchase Agreements | Real Estate Securities    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 0  
Borrowings 54,297,394  
Repayments (58,118,431)  
Capitalized deferred financing costs, net of amortization 951  
Repurchase Agreements | Residential Mortgage Loans and REO    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 7,090,577  
Borrowings 90,195,545  
Repayments (88,254,304)  
Capitalized deferred financing costs, net of amortization 573  
Repurchase Agreements | Consumer Loans    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 0  
Borrowings 0  
Repayments 0  
Capitalized deferred financing costs, net of amortization 0  
Notes Payable    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 1,121,772  
Borrowings 5,402,819  
Repayments (5,920,444)  
Unrealized gain on notes, fair value (5,245)  
Capitalized deferred financing costs, net of amortization 4,995  
Notes Payable | Excess MSRs    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 0  
Borrowings 0  
Repayments (27,027)  
Unrealized gain on notes, fair value 0  
Capitalized deferred financing costs, net of amortization 0  
Notes Payable | MSRs    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 1,045,000  
Borrowings 2,422,470  
Repayments (2,544,885)  
Unrealized gain on notes, fair value 0  
Capitalized deferred financing costs, net of amortization 3,474  
Notes Payable | Servicer advances    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 76,772  
Borrowings 2,124,459  
Repayments (2,488,913)  
Unrealized gain on notes, fair value 0  
Capitalized deferred financing costs, net of amortization 1,718  
Notes Payable | Real Estate Securities    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 0  
Borrowings 0  
Repayments 0  
Unrealized gain on notes, fair value 0  
Capitalized deferred financing costs, net of amortization 0  
Notes Payable | Residential Mortgage Loans and REO    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 0  
Borrowings 855,890  
Repayments (727,452)  
Unrealized gain on notes, fair value (5,999)  
Capitalized deferred financing costs, net of amortization (197)  
Notes Payable | Consumer Loans    
Debt Instrument [Roll Forward]    
Acquired borrowings, net of discount 0  
Borrowings 0  
Repayments (132,167)  
Unrealized gain on notes, fair value 754  
Capitalized deferred financing costs, net of amortization $ 0