v3.25.1
Advances - Schedule of Activity in Advances (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Advances [Roll Forward]    
Beginning balance - before Allowance for Losses $ 584,600 $ 686,100
New advances 200,000 199,400
Advances Payments On Behalf Of Borrower Transfers To Other Assets 400 2,900
Transfer from (to) REO 700 0
Sales of advances (300) (1,000)
Advances, Transfer to Loans Held For Sale (4,800) (2,100)
Collections of advances and other (261,400) (274,700)
Ending balance - before Allowance for Losses 521,500 610,500
Acquisition of advances in connection with the purchase of MSRs 2,500 0
Beginning balance - Allowance for Losses (7,400) (7,300)
Provision expense (2,100) (2,900)
Net charge-offs and other 2,000 2,500
Ending balance - Allowance for Losses (7,500) (7,700)
Ending balance, net $ 514,000 $ 602,700