v3.25.2
Loans and Investments - Schedule of Non-Performing Loans (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Loans and Investments    
UPB $ 617,789 $ 611,696
Loans and investments, gross 11,609,235 11,304,956
Non-performing loans    
Loans and Investments    
UPB 471,788 651,847
Loans and investments, gross 461,091 622,682
Multifamily    
Loans and Investments    
UPB 462,354 456,261
Multifamily | Non-performing loans    
Loans and Investments    
UPB 469,168 649,227
Loans and investments, gross 458,481 620,072
Commercial    
Loans and Investments    
UPB 1,700 1,700
Commercial | Non-performing loans    
Loans and Investments    
UPB 1,700 1,700
Loans and investments, gross 1,700 1,700
Retail    
Loans and Investments    
UPB 19,520 19,520
Retail | Non-performing loans    
Loans and Investments    
UPB 920 920
Loans and investments, gross $ 910 $ 910