Trading Arrangements, by Individual
Trading Arrangements, by Individual [Table]
Trading Arrangement:
Trading Arrangement [Axis]
Unsecuritized Term
Residential Investor Term, Unsecuritized [Member]
Residential Investor Term, Unsecuritized
Maximum
Maximum [Member]
Portion at Fair Value Measurement
Portion at Fair Value Measurement [Member]
Short-term Debt, Type [Axis]
Short-Term Debt, Type [Axis]
Title of 12(b) Security
Title of 12(b) Security
Net (loss) income (related) available to common stockholders
Net Income (Loss) Available to Common Stockholders, Diluted
Carrying Value
Reported Value Measurement [Member]
Weighted Average Interest Rate
Debt, Weighted Average Interest Rate
Term Loans, Debt Service Coverage Ratio
Term Loans, Debt Service Coverage Ratio [Member]
Term Loans, Debt Service Coverage Ratio
Adjustment to Compensation, Amount
Adjustment to Compensation Amount
Financial Instrument [Axis]
Financial Instrument [Axis]
Segment Reporting [Abstract]
Segment Reporting [Abstract]
Dividends declared but not paid on preferred stock
Dividends Declared But Not Paid On Preferred Stock
Dividends Declared But Not Paid On Preferred Stock
Consolidation of securitized CAFL bridge loans at issuance
Consolidation Of Securitized Bridge Loans
Consolidation Of Securitized Bridge Loans
Bridge Loans, Residential Transition Loans
Bridge Loans, Residential Transition Loans [Member]
Bridge Loans, Residential Transition Loans
Principal payments on real estate securities
Principal balance of loans sold to third parties
Proceeds from Principal Repayments on Securities
The cash inflow from repayments of the balance excluding interest (principal) on real estate securities.
Schedule of Characteristics of Residential Consumer Loans Held-for-Investment
Characteristics of Residential Consumer Loans Held-for-Investment [Table Text Block]
Characteristics of Residential Consumer Loans Held-for-Investment
Accrued compensation
Employee-related Liabilities
ABS Issued
ABS Issued Securities [Member]
ABS Issued Securities [Member]
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Residential Consumer Loans
Residential Consumer Loans [Member]
Residential Loans [Member]
UPB
Loan, Managed and Securitized or Asset-Backed Financing Arrangement, Principal Outstanding
Servicing investments
Mortgage servicing rights
Servicing Asset at Fair Value, Amount
Warrants issued (in shares)
Class of Warrant or Right, Number of Securities Called by Warrants or Rights
Debt instrument, convertible, conversion price (usd per share)
Debt Instrument, Convertible, Conversion Price
Consolidated Entities [Axis]
Consolidated Entities [Axis]
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Issuance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Issuances
Total ABS Issued
Asset-backed securities issued
Asset-Backed Securities [Member]
Home equity investments
Home equity investments
Home Equity Investments
Home Equity Investments
Cumulative distributions to stockholders
Cumulative Dividends
Other comprehensive income:
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Consolidated Entities [Domain]
Consolidated Entities [Domain]
Common stock, par value (in dollars per share)
Common Stock, Par or Stated Value Per Share
Debt Instrument, Redemption, Period [Axis]
Debt Instrument, Redemption, Period [Axis]
Amount Reclassified From Accumulated Other Comprehensive Loss
Reclassification out of Accumulated Other Comprehensive Income [Member]
Intangible assets
Intangible Asset, Excluding Goodwill, after Accumulated Amortization
Schedule of Loan Modifications Characteristics by Strategy Type
Financing Receivable, Modified [Table Text Block]
Risk management derivatives
Price Risk Derivative [Member]
Amortization of premiums, discounts, and debt issuance costs, net
Accretion (Amortization) of Discounts and Premiums, Investments
Carrying value of collateral
Debt Instrument, Collateral Amount
Outstanding Aggregate Erroneous Compensation Amount
Outstanding Aggregate Erroneous Compensation Amount
Number of reportable segments
Number of Reportable Segments
Mortgage servicing rights, at amortized cost
Servicing Asset at Amortized Cost
Average UPB of 90+ days delinquent loans/Average UPB in foreclosure
Fair Value, Option, Loans Held As Assets, 90 Days Or More Past Due, Average
Fair Value, Option, Loans Held As Assets, 90 Days Or More Past Due, Average
Schedule of Fair Value and Notional Amount of Derivatives
Schedule of Derivative Instruments [Table Text Block]
Short-term Debt, Type [Domain]
Short-Term Debt, Type [Domain]
Simple Modifications (Extensions)
Contractual Interest Rate Reduction and Deferral of Interest [Member]
Contractual Interest Rate Reduction and Deferral of Interest
Expected amortization of realized losses related to terminated cash flow hedges
Cash Flow Hedge Gain (Loss) to be Reclassified within 12 Months
Entity Address City Or Town
Entity Address, City or Town
9.125% Senior Notes Due 2030
9.125% Senior Notes Due 2030 [Member]
9.125% Senior Notes Due 2030
Derivatives, net
Fair Value
Derivative, Fair Value, Net
Point Home Equity Investment Noncontrolling Interest
Point Home Equity Investment Noncontrolling Interest [Member]
Point Home Equity Investment Noncontrolling Interest
Class of Financing Receivable [Domain]
Class of Financing Receivable [Domain]
Receivables [Abstract]
Receivables [Abstract]
Statement of Financial Position [Abstract]
Statement of Financial Position [Abstract]
Long-term incentive award expense
Share-Based Payment Arrangement, Expense, Adjusted
Share-Based Payment Arrangement, Expense, Adjusted
Peer Group Total Shareholder Return Amount
Peer Group Total Shareholder Return Amount
Level 2
Fair Value, Inputs, Level 2 [Member]
Total Shareholder Return Vs Peer Group
Total Shareholder Return Vs Peer Group [Text Block]
Senior credit support
Senior Credit Support [Member]
Senior Credit Support [Member]
Schedule of Unconsolidated VIEs Sponsored by Redwood
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Table Text Block]
Total other comprehensive income
Other comprehensive income
Other Comprehensive Income (Loss), Net of Tax
Non-Rule 10b5-1 Arrangement Terminated
Non-Rule 10b5-1 Arrangement Terminated [Flag]
Financing Receivables, Equal to Greater than 90 Days Past Due
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Rollforward of Allowance for Credit Losses
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]
Other expenses
Other expenses
Other Expenses
10% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock, par value $0.01 per share
Redeemable Preferred Stock [Member]
Schedule of Classifications and Fair Value of Residential Consumer Loans
Fair Value Of Loans [Table Text Block]
Tabular disclosure of the net carrying value for loans by entity as of the balance sheet date.
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-Term Debt Instruments [Table]
Margin receivable
Margin Deposit Assets
Redwood Investments
Redwood Investments Segment [Member]
Redwood Investments Segment
Investment Income [Table]
Investment Income [Table]
Total HEI income (loss), net
Net Market Valuation Recorded Gain (Losses) Income, Net
Net Market Valuation Recorded Gain (Losses) Income, Net
Schedule of Business Segment Financial Information
Segment Reporting [Table Text Block]
Use of Estimates
Use of Estimates, Policy [Policy Text Block]
TBAs
TBA Contracts [Member]
TBA Contracts [Member]
Related Party [Axis]
Related and Nonrelated Parties [Axis]
Beginning in April 2030 through final maturity in March 2036
Debt Instrument, Redemption, Period Two [Member]
Allowance for credit loss recognized
Debt Securities, Available-for-Sale, Allowance for Credit Loss Recognized
Debt Securities, Available-for-Sale, Allowance for Credit Loss Recognized
Document Period End Date
Document Period End Date
Senior credit spread to Treasury Curve
Measurement Input, Senior Credit Spread To Swap Rate [Member]
Measurement Input, Senior Credit Spread To Swap Rate
9.125% Senior Notes
Nine Point One Three Percent Senior Notes Due Twenty Thirty [Member]
Nine Point One Three Percent Senior Notes Due Twenty Thirty
Consolidation of CAFL bridge ABS at issuance
Consolidation of Bridge Asset Based Securities
Consolidation of Bridge Asset Based Securities
Preferred stock, outstanding (in shares)
Preferred Stock, Shares Outstanding
Principal Amount
Face amount
Debt Instrument, Face Amount
Basic (Loss) Earnings per Common Share:
Earnings Per Share, Basic [Abstract]
Contractual maturities of ABS (in years)
Long Term Marketable Securities Maturities, Term
Long Term Marketable Securities Maturities, Term
Trust preferred securities and subordinated notes, net
Trust Preferred Securities And Subordinated Notes, Net, Fair Value Disclosure
Trust Preferred Securities And Subordinated Notes, Net, Fair Value Disclosure
Value of our investments in VIEs
Net Assets
Investments, All Other Investments [Abstract]
Investments, All Other Investments [Abstract]
Reclassification out of Accumulated Other Comprehensive Income [Domain]
Reclassification out of Accumulated Other Comprehensive Income [Domain]
Residential Bridge, Single Asset Bridge
Residential Bridge, Single Asset Bridge [Member]
Residential Bridge, Single Asset Bridge
Principal balance of loans transferred to consolidated securitization entities (transferred from HFS to HFI)
Principal Balance Of Loans Transferred To Held For Investment
Principal Balance Of Loans Transferred To Held For Investment
Accumulated other comprehensive loss
Accumulated Other Comprehensive Income (Loss), Net of Tax
Entity Shell Company
Entity Shell Company
Consolidation Items [Domain]
Consolidation Items [Domain]
(Gains) losses in net income (loss), net
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings
Residential Bridge Multifamily
Residential Bridge Multifamily [Member]
Residential Bridge Multifamily
Earnings Per Common Share
Earnings Per Share [Text Block]
9.50% Senior Notes Due 2030
9.500% Senior Notes Due 2030 [Member]
9.500% Senior Notes Due 2030
Earnings Per Share [Abstract]
Document Fiscal Period Focus
Document Fiscal Period Focus
Deferred Bonus and Profit Sharing Arrangements, Individual Contracts, Type of Deferred Compensation [Axis]
Deferred Bonus and Profit Sharing Arrangements, Individual Contracts, Type of Deferred Compensation [Axis]
Peer Group Issuers, Footnote
Peer Group Issuers, Footnote [Text Block]
Trading
Debt Securities, Trading, and Equity Securities, FV-NI
Total liabilities
Total Liabilities
Liabilities
Trading Symbol
Trading Symbol
Whole loan discount rate
Measurement Input, Discount Rate [Member]
9.75% Senior Notes Due 2031
9.75% Senior Notes Due 2031 [Member]
9.75% Senior Notes Due 2031
9.125% Senior Notes
9.125% Senior Notes [Member]
9.125% Senior Notes
Transfers from loans held-for-sale to loans held-for-investment
Principal value of loans transferred from HFS to HFI
Loan, Transfer from Held-for-Sale to Held-in-Portfolio
Company Selected Measure Name
Company Selected Measure Name
Unrealized gains in OCI, net
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Abstract]
Settlement in Cash
Settlement in Cash [Member]
Settlement in Cash
Diluted (Loss) Earnings per Common Share:
Earnings Per Share, Diluted [Abstract]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Depreciation and amortization of non-financial assets
Depreciation, Depletion and Amortization, Nonproduction
Cash Flows From Operating Activities:
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]
Financing receivables nonaccrual
Financing Receivable, Nonaccrual
Purchases of real estate securities
Payments To Acquire Real Estate Securities
Payments To Acquire Real Estate Securities
Equity Valuation Assumption Difference, Footnote
Equity Valuation Assumption Difference, Footnote [Text Block]
Q2 2025 Subordinate Securities Transfer
Q2 2025 Subordinate Securities Transfer [Member]
Q2 2025 Subordinate Securities Transfer
Residential Investor Loans
Total Residential Investor Loans
Residential Investor Loans [Member]
Business Purpose Residential Loans [Member]
Additional increase (decrease) to the allowance for credit losses on securities that had an allowance recorded in a previous period
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Not to Sell before Recovery, Credit Loss, Previously Recorded, Expense (Reversal)
Principal balance of loans sold
Principal Balance of Loans Sold During Period
Principal Balance of Loans Sold During Period
Unconsolidated Aspire Securitization
Unconsolidated Aspire Securitization [Member]
Unconsolidated Aspire Securitization
Preferred stock dividends payable
Dividends Payable
Number of Facilities or Issuances
Number of Facilities
Number of Facilities
Net Amount
Derivative Liability, Security Sold under Agreement to Repurchase, and Security Loaned, Including Not Subject to Master Netting Arrangement, after Offset and Deduction
Other
Other General and Administrative Expense
Net effect of dilutive equity awards (in shares)
Weighted Average Number of Shares Outstanding, Diluted, Adjustment
Schedule of Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Award Timing Predetermined
Award Timing Predetermined [Flag]
Offsetting Assets and Liabilities
Balance Sheet Netting [Policy Text Block]
Balance Sheet Netting
Total non-interest income (loss), net
Noninterest Income, Net
Noninterest Income, Net
Interest Income
Interest and Dividend Income, Operating [Abstract]
Adjustment To PEO Compensation, Footnote
Adjustment To PEO Compensation, Footnote [Text Block]
Non-cash equity award compensation and other
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition
Securities
Securities [Member]
Securities [Member]
Level 1
Fair Value, Inputs, Level 1 [Member]
Effective income tax rate
Effective Income Tax Rate Reconciliation, Percent
Realized gains, net
Gain (Loss) on Sale of Investments
Convertible debt, conversion ratio
Debt Instrument, Convertible, Conversion Ratio
Real estate securities retained from whole loan securitizations
Real Estate Securities Retained From Whole Loan Securitizations
Real Estate Securities Retained From Whole Loan Securitizations
Servicer advance financing
Servicer Advance Financing [Member]
Servicer Advance Financing [Member]
Class of Financing Receivable [Axis]
Class of Financing Receivable [Axis]
Residential
Residential Mortgage-Backed Securities [Member]
Number of AFS securities (in investments)
Number Of Available for Sale Securities
Number Of Available for Sale Securities
Preferred stock, par value (in dollars per share)
Preferred Stock, Par or Stated Value Per Share
Senior Notes
Long-Term Debt, Fair Value
Swaptions
Interest Rate Swaption [Member]
Plan Name [Domain]
Plan Name [Domain]
Antidilutive Securities [Axis]
Antidilutive Securities [Axis]
Scenario [Domain]
Scenario [Domain]
Operating lease right-of-use assets
Operating Lease, Right-of-Use Asset
Transaction Price
Measurement Input, Transaction Price [Member]
Measurement Input, Transaction Price
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Trading securities
Trading Securities1 [Member]
Trading Securities [Member]
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Abstract]
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
Real Estate Securities
Investment in Debt and Equity Securities and Other Trading Assets [Text Block]
Dividends paid on common stock
Payments of Ordinary Dividends, Common Stock
Expiration Date
Trading Arrangement Expiration Date
Hedging Relationship [Axis]
Hedging Relationship [Axis]
Restricted cash
Restricted Cash and Cash Equivalent
Gross Amounts Not Offset in Consolidated Balance Sheet, Financial Instruments
Derivative Asset, Subject to Master Netting Arrangement, Deduction of Financial Instrument Not Offset
Net Amount
Derivative Asset, Subject to Master Netting Arrangement, after Offset and Deduction
Cash and cash equivalents
Cash and Cash Equivalents, Fair Value Disclosure
Total Equity
Equity, Including Portion Attributable to Noncontrolling Interest
Subordinate
Recourse Subordinate Securities Financings:
Subordinated Debt [Member]
Aggregate Pension Adjustments Service Cost
Aggregate Pension Adjustments Service Cost [Member]
Derivative [Table]
Derivative [Table]
Default rate
Measurement Input, Default Rate [Member]
Other Income and Expenses [Abstract]
Other Income and Expenses [Abstract]
Net proceeds from issuance of common stock
Proceeds from Issuance of Common Stock
Repurchase reserve
Repurchase Reserve
Repurchase Reserve
Stockholders Equity Note [Table]
Stockholders Equity Note [Table]
Stockholders Equity Note [Table]
Cash Flows From Investing Activities:
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]
Net market valuation gains (losses) recorded on non-controlling interests in HEI securitizations
Non-controlling In HEI Securitizations [Member]
Non-controlling In HEI Securitizations
Assets
Derivative Asset [Abstract]
Segments [Domain]
Segments [Domain]
Interest rate agreements
Interest Rate Swap [Member]
Residential consumer loans
Residential Loans Priced To Securitization and Whole Loan Market, Uncommitted to Sell [Member]
Residential Loans Priced To Securitization and Whole Loan Market, Uncommitted to Sell [Member]
Mortgage Banking [Abstract]
Mortgage Banking [Abstract]
Held-for-investment at fair value
Residential Consumer Loans Held For Investment At Fair Value [Member]
Residential Loans Held For Investment At Fair Value [Member]
Scenario [Axis]
Scenario [Axis]
Fair value of loans
Financing Receivable, after Allowance for Credit Loss
Debt issuance costs
Debt Issuance Costs, Net
Business Combination [Table]
Business Combination [Table]
PEO Actually Paid Compensation Amount
PEO Actually Paid Compensation Amount
Sale of stock, percentage of ownership before transaction (in percent)
Sale of Stock, Percentage of Ownership before Transaction
Strategic Investments
Strategic investments
Strategic Investments [Member]
Strategic Investments
Capital contribution
Payments to Acquire Equity Method Investments
Net settlements of derivatives
Payments For (Proceeds From) Derivative Instrument Operating Activities
The net cash outflow or inflow from derivative instruments during the period, which are classified as operating activities.
Debt instrument, interest rate (as a percent)
Debt Instrument, Interest Rate, Stated Percentage
Balance at beginning of period
Balance at End of Period
Equity, Attributable to Parent
Gross Amounts of Recognized Assets (Liabilities)
Derivative Liability, Security Sold under Agreement to Repurchase, and Security Loaned, Subject to Master Netting Arrangement, before Offset
Corporate costs
Other Corporate Costs
Other Corporate Costs
Residential investor loans, held-for-investment
Business Purpose Residential Loans, Held-for-Investment [Member]
Business Purpose Residential Loans, Held-for-Investment
Assets
Assets [Abstract]
Unsecuritized Loans
Redwood Trust Inc. [Member]
Redwood Trust Inc. [Member]
Strategic investments
Total Strategic Investments
Other investments
Other Investments
Amortized cost
Debt Securities, Available-for-Sale, Amortized Cost
Residential consumer loans
Interest and Fee Income, Loans, Consumer, Real Estate
Accounting and legal
Professional Fees
Weighted average coupon
Loans Held-for-Sale, Weighted Average Coupon Rate
Loans Held-for-Sale, Weighted Average Coupon Rate
Insider Trading Policies and Procedures [Line Items]
Payments for other commitments
Payments For Other Commitments
Payments For Other Commitments
Liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Commitment To Fund Residential Bridge Loan
Commitment To Fund Legacy Residential Bridge Loans [Member]
Commitment To Fund Residential Bridge Loan [Member]
Interest-only, senior and subordinate securities, classified as trading
Interest Only Strip And Senior Securities [Member]
Interest Only Strip And Senior Securities [Member]
Additional Joint Venture
Additional Joint Venture [Member]
Additional Joint Venture
Gross Amounts Not Offset in Consolidated Balance Sheet, Cash Collateral (Received) Pledged
Derivative Liability, Security Sold under Agreement to Repurchase, and Security Loaned, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Not Offset
Servicing asset, measurement input
Servicing Asset, Measurement Input
Securities excluded in the calculation of diluted earnings per share (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
Number of operating segments
Number of Operating Segments
Entity Central Index Key
Entity Central Index Key
Accumulated depreciation
Property, Plant, and Equipment, Accumulated Depreciation, Depletion, and Amortization
Additional paid-in capital
Additional Paid in Capital, Common Stock
Equity [Abstract]
Equity [Abstract]
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year [Member]
Pull-through rate
Measurement Input, Pull-through Rate [Member]
Measurement Input, Pull-through Rate [Member]
Other comprehensive (loss) income before reclassifications
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax
HEI
Home Equity Investments [Member]
Home Equity Investments
Ownership [Axis]
Ownership [Axis]
Residential Bridge Third Party Originated
Residential Bridge Third Party Originated [Member]
Residential Bridge Third Party Originated
Bridge Loans, Third Party Originated
Bridge Loans, Third Party Originated [Member]
Bridge Loans, Third Party Originated
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Investment, Name [Axis]
Investment, Name [Axis]
Bridge Loans, Single Asset Bridge
Bridge Loans, Single Asset Bridge [Member]
Bridge Loans, Single Asset Bridge
Preferred stock, dividend rate (in percent)
Preferred Stock, Dividend Rate, Percentage
Transfers to REO
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Acquisition Through Foreclosure
Financing Receivable, Nonaccrual [Domain]
Financing Receivable, Nonaccrual [Domain]
Financing Receivable, Nonaccrual [Domain]
Sequoia securities
Sequoia Securities [Member]
Sequoia Securities [Member]
Weighted average coupon
Financing Receivables, Weighted Average Interest Rate
Financing Receivables, Weighted Average Interest Rate
Beginning in April 2029
Debt Instrument, Redemption, Period One [Member]
Accumulated Other Comprehensive (Loss)
AOCI Attributable to Parent [Member]
All Individuals
All Individuals [Member]
Assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Amount committed
Equity Method Investments, Commitment Amount
Equity Method Investments, Commitment Amount
Asset-Backed Securities Issued
Secured Borrowings Disclosure [Text Block]
This item represents the disclosure related to the asset-backed securities issued under the Sequoia and Acacia securitization entities, and the Residential Resecuritization and Commercial Securitization entities, including their respective components, collateral, and accrued interest payable.
Statement [Line Items]
Statement [Line Items]
Total Assets
Total Assets
Total Assets
Assets
Net market valuation (losses) gains recorded
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Period Increase (Decrease)
Total interest expense
Interest expense
Interest expense
Interest Expense, Operating
Convertible Debt
Convertible Debt [Member]
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity, Not Primary Beneficiary [Member]
Operating Segments
Operating Segments [Member]
Repayments from servicer advance investments, net
Repayments Of Servicing Advance Investments
Repayments Of Servicing Advance Investments
Gross unrealized gains
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Gain, before Tax
PEO
PEO [Member]
Goodwill
Goodwill
Term at CAFL
Single Family Rental Loans Held For Investment At Fair Value [Member]
Single Family Rental Loans Held For Investment At Fair Value [Member]
Forgone Recovery due to Violation of Home Country Law, Amount
Forgone Recovery due to Violation of Home Country Law, Amount
Other Significant Noncash Transaction [Axis]
Other Significant Noncash Transaction [Axis]
Number of securities in unrealized loss position
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions
At The Market Offerings
At The Market Offerings [Member]
At The Market Offerings [Member]
Gross Amounts Not Offset in Consolidated Balance Sheet, Financial Instruments
Derivative Liability, Subject to Master Netting Arrangement, Deduction of Financial Instrument Not Offset
Cumulative Earnings
Retained Earnings [Member]
UPB of loans in foreclosure
Fair value in foreclosure
Fair Value, Option, Loans Held As Assets, Aggregate Amount In Foreclosure
Fair Value, Option, Loans Held As Assets, Aggregate Amount In Foreclosure
Schedule of Characteristics of Unsecuritized Residential Consumer Loans Held-for-Sale
Characteristics of Unsecuritized Residential Consumer Loans Held-for-Sale [Table Text Block]
Characteristics of Unsecuritized Residential Consumer Loans Held-for-Sale
Average foreclosure balance (UPB)
Fair Value, Option, Loans Held As Assets, Average Foreclosure Balance
Fair Value, Option, Loans Held As Assets, Average Foreclosure Balance
Schedule of Components of HEI Income, Net
Schedule Of HEI Characteristics [Table Text Block]
Schedule Of HEI Characteristics
Increase (Decrease) in Stockholders' Equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, outstanding (in shares)
Balance at beginning of period (in shares)
Balance at end of period (in shares)
Common Stock, Shares, Outstanding
Award Timing Disclosures [Line Items]
Schedule of Carrying Values and Fair Values of Assets and Liabilities
Fair Value, by Balance Sheet Grouping [Table Text Block]
Corporate Debt:
Corporate Debt Securities [Member]
Diluted (loss) earnings per common share (in dollars per share)
Diluted (Loss) Earnings per Common Share (in dollars per share)
Earnings Per Share, Diluted
Contractual Coupon Interest
Financing Receivable, Nonaccrual, Contractual Coupon Interest [Member]
Financing Receivable, Nonaccrual, Contractual Coupon Interest
Investment fair value changes, net
Total Investment fair value changes, net
Investment fair value changes, net
Unrealized Gain (Loss) on Investments
Ownership [Domain]
Ownership [Domain]
Schedule of Offsetting Assets
Offsetting Assets [Table Text Block]
BPL bridge loans
Residential Bridge Loans [Member]
Residential Bridge Loans [Member]
Loans receivable, measurement input
Loans Receivable, Measurement Input
Loans Receivable, Measurement Input
Held-for-sale at fair value
Loans Held For Sale At Fair Value [Member]
Loans Held For Sale At Fair Value [Member]
Share repurchases
Stock Repurchased During Period, Value
Equity Awards Adjustments, Footnote
Equity Awards Adjustments, Footnote [Text Block]
Portfolio management costs
Portfolio Management Costs
Portfolio Management Costs
Sales
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales
Mortgage banking activities, net, excluding risk management derivatives
Mortgage Banking Activities, Net, Excluding Risk Management Derivatives
Mortgage Banking Activities, Net, Excluding Risk Management Derivatives
Subordinate securities, classified as AFS
Total Subordinate Investment Securities [Member]
Total Subordinate Investment Securities
Residential investor loan warehouse facilities
Long-Term Residential Investor Facilities [Member]
Long-Term Residential Investor Facilities
Risk Management Derivatives
Residential and Commercial Loans [Member]
Residential and Commercial Loans [Member]
Schedule of Equity Method Investments [Table]
Equity Method Investment [Table]
Residential investor loans
Business Purpose Residential Loans, Held-for-Sale [Member]
Business Purpose Residential Loans, Held-for-Sale
Market Valuation (Losses) Gains on Derivatives, net
Derivative, Gain (Loss) on Derivative, Net
Real estate securities
Interest Income, Securities, Mortgage-Backed
Warrants issuance value
Warrants and Rights Outstanding
Non-controlling interest, measurement input
Non-Controlling Interest Measurement Input
Non-Controlling Interest Measurement Input
Net Amounts of Assets (Liabilities) Presented in Consolidated Balance Sheet
Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, after Offset
Collateral [Axis]
Collateral Held [Axis]
Rule 10b5-1 Arrangement Adopted
Rule 10b5-1 Arrangement Adopted [Flag]
Operating lease right-of-use asset, statement of financial position [Extensible List]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]
Common stock, issued (in shares)
Common Stock, Shares, Issued
Beginning balance
Ending balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value
Prepayment rate (Annual CPR)
Measurement Input, Constant Prepayment Rate [Member]
Financing receivable, term
Financing Receivable, Term
Financing Receivable, Term
Average loan balance (UPB)
Loans Held-for-Investment, Average Loan Balance (UPB)
Loans Held-for-Investment, Average Loan Balance (UPB)
Allowance for credit losses
Beginning balance allowance for credit losses
Ending balance of allowance for credit losses
Debt Securities, Available-for-Sale, Allowance for Credit Loss
12 Consecutive Months or Longer, Unrealized Losses
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss
Bridge Loans, Renovate Build For Rent
Bridge Loans, Renovate Build For Rent [Member]
Bridge Loans, Renovate Build For Rent
Home price appreciation (depreciation)
Measurement Input, Home Price Appreciation (Depreciation) [Member]
Measurement Input, Home Price Appreciation (Depreciation)
CoreVest
CoreVest Mortgage Banking Segment [Member]
CoreVest Mortgage Banking Segment
Securitized Term Loans
Real Estate Owned Term, Securitized [Member]
Real Estate Owned Term, Securitized
Long-Term Facilities:
Long-Term Debt [Member]
Debt instrument, asset backed securities, sold
Debt Instrument, Asset Backed Securities, Sold
Debt Instrument, Asset Backed Securities, Sold
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Variable Interest Entity [Line Items]
Variable Interest Entity [Line Items]
Compensation Actually Paid vs. Other Measure
Compensation Actually Paid vs. Other Measure [Text Block]
Change in unrealized (gains) or losses for the period included in earnings for liabilities held at the end of the reporting period
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
CAFL bridge securitization entities
Bridge Securitization Entities
Bridge Securitization Entities
Termination Date
Trading Arrangement Termination Date
Other Commitments [Axis]
Other Commitments [Axis]
Changes in fair value, net
Principal Investment Gain (Loss)
Remaining authorized shares (in shares)
Share Repurchase Program, Remaining Authorized, Number of Shares
Subsequent Events [Abstract]
Subsequent Events [Abstract]
Fair Value, Recurring and Nonrecurring [Table]
Fair Value, Recurring and Nonrecurring [Table]
Strategic investments, equity method
Strategic Investments At Carrying Value
Strategic Investments At Carrying Value
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
7.75% convertible senior notes
7.75% convertible senior notes [Member]
7.75% convertible senior notes
Liquidations
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Cost of Investment in Real Estate Sold
Real estate securities
Total Real Estate Securities
Marketable Securities
Non-cash equity award compensation expense and other
Share-Based Payment Arrangement, Noncash Expense and Other
Share-Based Payment Arrangement, Noncash Expense and Other
Fair Value as of Grant Date
Award Grant Date Fair Value
Redemption price (as a percent)
Debt Instrument, Redemption Price, Percentage
Restricted cash
Restricted Cash and Cash Equivalents, Fair Value Disclosure
Restricted Cash and Cash Equivalents, Fair Value Disclosure
Schedule of AFS Securities in Gross Unrealized Loss Position by Holding Periods
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
Earnings Per Share, Basic, by Common Class, Including Two-Class Method [Table]
Earnings Per Share, Basic, by Common Class, Including Two-Class Method [Table]
Employee stock purchase and incentive plans
Stock Issued During Period, Value, Employee Stock Purchase Plans And Other Incentive Plans
Stock Issued During Period, Value, Employee Stock Purchase Plans And Other Incentive Plans
Originations
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Originations
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Originations
Pay vs Performance Disclosure, Table
Pay vs Performance [Table Text Block]
Stock repurchase program, remaining authorized amount available for repurchase
Share Repurchase Program, Remaining Authorized, Amount
9.00% Senior Notes Due 2029
9.000% Senior Notes Due 2029 [Member]
9.000% Senior Notes Due 2029
Consolidation of securitized bridge loans
Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Consolidation Of Loans
Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Consolidation Of Loans
Arrangement Duration
Trading Arrangement Duration
Gross Amounts Not Offset in Consolidated Balance Sheet, Cash Collateral (Received) Pledged
Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Not Offset
UPB of loans with 90+ day delinquencies
Unpaid principal balance of loans with 90+ day delinquencies
Unpaid principal balance of loans with 90+ day delinquencies/Unpaid principal balance of loans in foreclosure
Fair Value, Option, Loans Held as Assets, 90 Days or More Past Due
Unsettled trades
Unsettled Trade Liabilities, Current
Unsettled Trade Liabilities, Current
Consolidation Items [Axis]
Consolidation Items [Axis]
Entity Address Postal Zip Code
Entity Address, Postal Zip Code
Entity Registrant Name
Entity Registrant Name
Less Than 12 Consecutive Months, Unrealized Losses
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss
Term Loans, Single Family Rental
Term Loans, Single Family Rental [Member]
Term Loans, Single Family Rental
Investment fair value changes, net, excluding risk management derivatives
Activities Excluding Risk Management Derivatives [Member]
Activities Excluding Risk Management Derivatives
Insider Trading Policies and Procedures Not Adopted
Insider Trading Policies and Procedures Not Adopted [Text Block]
CPP Investments
CPP Investments [Member]
CPP Investments
Other interest income
Income (loss) from equity method investments
Income (Loss) from Equity Method Investments
Forgone Recovery due to Expense of Enforcement, Amount
Forgone Recovery due to Expense of Enforcement, Amount
Loan Restructuring Modification [Axis]
Loan Restructuring Modification [Axis]
Other commitment, fair value
Other Commitment, Fair Value
Other Commitment, Fair Value
Total Strategic Investments Income, Net
Total Strategic Investments Income, Net
Total Strategic Investments Income, Net
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
All Award Types
Award Type [Domain]
Fair Value of Financial Instruments
Fair Value Disclosures [Text Block]
Level 3
Fair Value, Inputs, Level 3 [Member]
Schedule of Activity of Residential Consumer Loans Held-for-Investment at Consolidated Entities
Quarterly Activity of Residential Consumer Loans Held-for-Investment [Table Text Block]
Quarterly Activity of Residential Consumer Loans Held-for-Investment
Held-for-investment at fair value
Loans Held For Investment At Fair Value [Member]
Loans Held For Investment At Fair Value [Member]
Restricted cash
Restricted cash at end of period
Restricted Cash
Promissory notes
Promissory notes [Member]
Promissory notes
Other assets
Total Other Assets
Other Assets
Asset-backed securities issued
Interest Expense, Beneficial Interests Issued by Consolidated Variable Interest Entities
Legal Entity [Axis]
Legal Entity [Axis]
Liability Class [Axis]
Liability Class [Axis]
Non-Interest Income
Noninterest Income [Abstract]
Cash, cash equivalents and restricted cash at beginning of period
Cash, cash equivalents and restricted cash at end of period
Cash, cash equivalents and restricted cash at end of period
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation
Gross Amounts Not Offset in Consolidated Balance Sheet, Cash Collateral (Received) Pledged
Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Not Offset
Residential Term, Single Family Rental
Residential Term, Single Family Rental [Member]
Residential Term, Single Family Rental
Schedule of Reclassifications out of Accumulated Other Comprehensive Income (Loss)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Non-NEOs
Non-NEOs [Member]
Equity method investment, ownership percentage
Equity Method Investment, Ownership Percentage
Sequoia and other third-party securities
Sequoia And Other Third-Party Securities [Member]
Sequoia And Other Third-Party Securities
CAFL
Residential investor term loans held by CAFL
CAFL
CAFL Securitization Entities [Member]
CAFL Securitization Entities [Member]
Non-controlling interest
Non-controlling interests
Noncontrolling Interest, Fair Value Disclosure
Noncontrolling Interest, Fair Value Disclosure
Principal paydowns
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Paydowns
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Paydowns
Investment, Name [Domain]
Investment, Name [Domain]
Marketable securities, due from five to ten years
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10
Long-term Debt, Type [Domain]
Long-Term Debt, Type [Domain]
Net payments on repurchase of common stock
Payments for Repurchase of Common Stock
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Schedule of Market Valuation Gains (Losses) on Derivatives, Net
Derivative Instruments, Gain (Loss) [Table Text Block]
Dividends on preferred stock
Dividends on preferred stock
Redeemable Preferred Stock Dividends
Award Type
Award Type [Axis]
Unrealized loss from cash flow hedges includes in accumulated other comprehensive loss
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax
Interest rate contract
Interest Rate Contract [Member]
Named Executive Officers, Footnote
Named Executive Officers, Footnote [Text Block]
Cumulative earnings
Retained Earnings (Accumulated Deficit)
Residential Bridge Renovate Build For Rent
Residential Bridge Renovate Build For Rent [Member]
Residential Bridge Renovate Build For Rent
Realized net losses from accumulated comprehensive loss into Interest expense
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent
CAFL ABS at Amortized Cost
CAFL Securitization Entities Issued At Amortized Cost [Member]
CAFL Securitization Entities Issued At Amortized Cost
Other
Other Liabilities, Miscellaneous
Other Liabilities, Miscellaneous
Awards Close in Time to MNPI Disclosures
Awards Close in Time to MNPI Disclosures [Table]
Proceeds from issuance of asset-backed securities
Proceeds from Issuance of Secured Debt
Common Stock
Common Stock [Member]
AFS
Subordinate securities, classified as AFS
Debt Securities, Available-for-Sale
Reclassification out of Accumulated Other Comprehensive Income [Table]
Reclassification out of Accumulated Other Comprehensive Income [Table]
Operating lease expense
Operating Lease, Cost
Net market valuation gains (losses) recorded
Home Equity Investments, Net Market Valuation (Losses) Gains Recorded [Member]
Home Equity Investments, Net Market Valuation (Losses) Gains Recorded
Real estate owned, fixed rate (as a percent)
Real Estate Owned, Held-for-Investment, Original Maturity, Fixed Rate
Real Estate Owned, Held-for-Investment, Original Maturity, Fixed Rate
Loss severity
Measurement Input, Loss Severity [Member]
Derivative Contract [Domain]
Derivative Contract [Domain]
Derivatives
Derivative Assets
Derivative Financial Instruments, Assets [Member]
Total Liabilities and Equity
Liabilities and Equity
Realized gains, net
Realized gains, net
Realized gains, net
Realized Investment Gains (Losses)
Employee Stock Option
Share-Based Payment Arrangement, Option [Member]
Acquisitions
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases
Servicing income, net
Servicing Income, Net
Servicing Income, Net
Segments [Axis]
Segments [Axis]
Additional 402(v) Disclosure
Additional 402(v) Disclosure [Text Block]
Asset Class [Axis]
Asset Class [Axis]
Related Party [Domain]
Related and Nonrelated Parties [Domain]
Trading
Interest-only, senior and subordinate securities, classified as trading
Debt Securities, Trading
Tabular List, Table
Tabular List [Table Text Block]
Fair value of loans transferred to consolidated securitization entities (transferred from HFS to HFI)
Business Purpose Loans Held For Investment, Fair Value Of Loans Transfers
Business Purpose Loans Held For Investment, Fair Value Of Loans Transfers
Fair value of loans
Changes in fair value of assets
Increase (Decrease) in Fair Value Adjustments on Assets
Increase (Decrease) in Fair Value Adjustments on Assets
Repayments on HEI
Proceeds From (Payments For) Home Equity Contracts, Net
Proceeds From (Payments For) Home Equity Contracts, Net
Other income (loss), net
Other Operating Income (Expense), Net
Name
Awards Close in Time to MNPI Disclosures, Individual Name
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member]
Servicing investments
Servicer Investments
Servicer Investments
Fair Value by Liability Class [Domain]
Fair Value by Liability Class [Domain]
Offsetting Assets and Liabilities
Offsetting Assets And Liabilities [Text Block]
Offsetting Assets And Liabilities
Transfers from residential consumer and investor loans to real estate owned
Real Estate Owned, Transfer to Real Estate Owned
Preferred stock, par value $0.01 per share, 2,990,000 shares authorized; 2,800,000 issued and outstanding
Preferred Stock, Value, Issued
Adjustment to Compensation:
Adjustment to Compensation [Axis]
HEI
Point [Member]
Point
Amounts reclassified from other accumulated comprehensive income (loss)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax
Derivative Liabilities
Derivative Financial Instruments, Liabilities [Member]
Rule 10b5-1 Arrangement Terminated
Rule 10b5-1 Arrangement Terminated [Flag]
Aggregate Erroneous Compensation Amount
Aggregate Erroneous Compensation Amount
Interest
Interest Paid, Excluding Capitalized Interest, Operating Activity
Principal balance of loans acquired
Principal balance of loans acquired
Principal Balance of Loans Acquired During Period
Principal Balance of Loans Acquired During Period
Average 90+ days delinquent balance (UPB)
Fair Value, Option, Loans Held as Assets, 90 Days or More Past Due, Aggregate Difference
Cash paid during the period for:
Cash Paid During Period [Abstract]
Cash Paid During Period [Abstract]
Total Assets
Assets, Fair Value Disclosure
Name
Measure Name
Fair value option elected aggregate carrying amount, asset
Fair Value, Option, Assets, Aggregate Carrying Amount During Period
Fair Value, Option, Assets, Aggregate Carrying Amount During Period
Pay vs Performance Disclosure [Line Items]
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
Debt Instrument [Line Items]
Debt Instrument [Line Items]
Mortgage banking activities, net
Total Mortgage banking activities, net
Mortgage Banking Activities, Net
The net income attributable to mortgage banking activities. This includes market valuations related to residential and commercial loans, Sequoia IOs, and mortgage banking derivatives, as well as realized gains or losses associated with mortgage loan sales.
Additional Paid-In Capital
Additional Paid-in Capital [Member]
Risk management derivatives
Increase (Decrease) in Fair Value of Price Risk Fair Value Hedging Instruments
Organizational realignment costs
Organizational Realignment Costs
Organizational Realignment Costs
Accrued expenses and other liabilities
Total Accrued Expenses and Other Liabilities
Accrued Liabilities
Accrued interest receivable
Accrued interest receivable
Interest Receivable
Name
Trading Arrangement, Individual Name
Cash and cash equivalents
Cash and Cash Equivalent
Income (loss) from co-investors
Net Income (Loss) Allocated to Limited Partners
Company Selected Measure Amount
Company Selected Measure Amount
Dollar price of loans
Measurement Input, Whole Loan Dollar Price [Member]
Measurement Input, Whole Loan Dollar Price
Schedule of Home Equity Investments
Schedule Of Home Equity Investments [Table Text Block]
Schedule Of Home Equity Investments
Residential consumer loans
Held-for-sale at fair value
Residential Consumer Loans Held For Sale [Member]
Residential Loans Held For Sale [Member]
Gross Amounts of Recognized Assets (Liabilities)
Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, before Offset
Schedule of Accounts, Notes, Loans and Financing Receivable [Table]
Accounts and Financing Receivables [Table]
Residential investor loan warehouse facilities
Residential investor loan warehouse facilities [Member]
Residential investor loan warehouse facilities
Transfer of loans between portfolios
Loan, Transfer from Held-for-Sale to Held-in-Portfolio, Net Of Substitutions
Loan, Transfer from Held-for-Sale to Held-in-Portfolio, Net Of Substitutions
HEI
Home Appreciation Option [Member]
Home Appreciation Option [Member]
Whole loan spread
Whole Loan Spread [Member]
Whole Loan Spread
Non-PEO NEO
Non-PEO NEO [Member]
Residential Term, Multifamily
Residential Term, Multifamily [Member]
Residential Term, Multifamily
General and Administrative Expenses
Other Income and Other Expense Disclosure [Text Block]
Award Timing Method
Award Timing Method [Text Block]
Investment fair value changes, net
Strategic Investment, Gain (Loss) On Investment
Strategic Investment, Gain (Loss) On Investment
Net (decrease) increase in cash, cash equivalents and restricted cash
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation
Forecast
Forecast [Member]
Forgone Recovery, Explanation of Impracticability
Forgone Recovery, Explanation of Impracticability [Text Block]
Residential MSR warehouse facility
Residential MSR warehouse facility [Member]
Residential MSR warehouse facility
Unsecuritized HEI
Home Equity Investments, Unsecuritized [Member]
Home Equity Investments, Unsecuritized
Net (Loss) Income
Net (Loss) Income
Net (loss)
Net Income (Loss) Attributable to Parent
Long-term Debt, Type [Axis]
Long-Term Debt, Type [Axis]
Erroneous Compensation Analysis
Erroneous Compensation Analysis [Text Block]
Direct stock purchase and dividend reinvestment plan (in shares)
Stock Issued During Period, Shares, Dividend Reinvestment and Stock Purchase Plan
Stock Issued During Period, Shares, Dividend Reinvestment and Stock Purchase Plan
Bridge Loan
Bridge Loan [Member]
Joint Venture
Joint Venture [Member]
Joint Venture
Restatement Determination Date:
Restatement Determination Date [Axis]
Stockholders Equity Note [Line Items]
Stockholders Equity Note [Line Items]
Stockholders Equity Note [Line Items]
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Loans sold
Financing Receivable, Sale
Sequoia Re-securitization Trust
Sequoia Re-securitization Trust [Member]
Sequoia Re-securitization Trust
Schedule of Components of Other Assets
Schedule of Other Assets [Table Text Block]
Accrued taxes payable
Accrued Income Taxes
ABS Issued at Fair Value
Asset-Backed Securities Issued At Fair Value [Member]
Asset-Backed Securities Issued At Fair Value
ABS issued, measurement input
Servicing Liability, Measurement Input
Pension Benefits Adjustments, Footnote
Pension Benefits Adjustments, Footnote [Text Block]
Bridge Loans
Bridge Loans [Member]
Bridge Loans
Residential consumer loans, held-for-investment
Residential Consumer Loans Held-For-Investment [Member]
Residential Loans Held for Investment [Member]
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Document Fiscal Year Focus
Document Fiscal Year Focus
Gross Amounts Offset in Consolidated Balance Sheet
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset
Originations and purchases of loan investments
Payments for Origination of Loans Held-for-Investment
Payments for Origination of Loans Held-for-Investment
Offsetting Asset and Liabilities [Table]
Offsetting Asset and Liabilities [Table]
Offsetting Asset and Liabilities [Table]
Common stock, par value $0.01 per share, 392,010,000 shares authorized; 125,607,457 and 124,459,837 issued and outstanding
Common Stock, Value, Issued
Interest expense
Interest Expense, Operating and Nonoperating
Taxes paid on equity award distributions
Payment, Tax Withholding, Share-Based Payment Arrangement
Deferred Interest
Financing Receivable, Nonaccrual, Deferred Interest [Member]
Financing Receivable, Nonaccrual, Deferred Interest
Schedule of Debt Obligations, Net
Schedule of Long-Term Debt Instruments [Table Text Block]
Facilities
Line of Credit [Member]
Schedule of Components of General and Administrative Expenses
Schedule of Other Operating Cost and Expense, by Component [Table Text Block]
Restatement Determination Date
Restatement Determination Date
Servicing Investment
Excess Servicing Entities [Member]
Excess Servicing Entities [Member]
HEI held at consolidated HEI securitization entity
Securitized HEI
Home Equity Investments, Securitized [Member]
Home Equity Investments, Securitized
Class of Warrant or Right [Domain]
Class of Warrant or Right [Domain]
Debt instrument, interest rate, stated percentage, increase
Debt Instrument, Interest Rate, Stated Percentage, Increase
Debt Instrument, Interest Rate, Stated Percentage, Increase
Total Liabilities
Derivative Liability, Securities Sold under Agreements to Repurchase, Securities Loaned, Gross Including Not Subject to Master Netting Arrangement [Abstract]
Less: Dividends and undistributed earnings allocated to participating securities
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic
Aspire
Aspire Mortgage Banking Segment [Member]
Aspire Mortgage Banking Segment
Amendment Flag
Amendment Flag
Debt and Equity Securities, FV-NI [Line Items]
Debt and Equity Securities, FV-NI [Line Items]
Preferred stock, redemption price per share (in dollars per share)
Preferred Stock, Redemption Price Per Share
Weighted average remaining loan term (years)
Financing Receivable, Contract Maturities
Financing Receivable, Contract Maturities
Weighted Average Deferred Interest Rate
Financing Receivable, Modified, Weighted-Average Deferred Interest Rate From Modification
Financing Receivable, Modified, Weighted-Average Deferred Interest Rate From Modification
Gross unrealized losses
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax
Schedule of Carrying Value and Fair Value of AFS Securities by Type
Debt Securities, Available-for-Sale [Table Text Block]
Loss Contingencies [Table]
Loss Contingencies [Table]
Real Estate AFS Securities
Real Estate AFS Securities [Member]
Real Estate AFS Securities
Investments [Domain]
Investments [Domain]
HEI income (loss), net
Home Equity Investments, Income, Net
Home Equity Investments, Income, Net
Originations of held-for-sale loans
Payment for Origination, Loan, Mortgage, Held-for-Sale
Adjustment to Non-PEO NEO Compensation Footnote
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Transfer to fair value option
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3
Entity Address, State or Province
Entity Address, State or Province
PEO Total Compensation Amount
PEO Total Compensation Amount
Assets
On-balance sheet assets, at fair value:
Assets, Fair Value Disclosure [Abstract]
Notional Amount
Derivative, Notional Amount
Basic weighted average common shares outstanding (in shares)
Weighted average common shares outstanding (in shares)
Weighted Average Number of Shares Outstanding, Basic
Asset-backed securities issued
Asset-backed securities issued
Carrying Value
Secured Debt
Unsecuritized Bridge
Real Estate Owned, Unsecuritized Bridge [Member]
Real Estate Owned, Unsecuritized Bridge
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, by Balance Sheet Grouping [Table]
Loss Contingencies [Line Items]
Loss Contingencies [Line Items]
Schedule of Rollforward of Allowance for Credit Losses
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Table Text Block]
Entity
Entity [Member]
Entity
Securitized Term
Residential Investor Term, Securitized [Member]
Residential Investor Term, Securitized
Liability price
Measurement Input, Liability Price [Member]
Measurement Input, Liability Price
Residential Consumer Loans
Residential Investor Loans
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
Document Information [Line Items]
Document Information [Line Items]
Residential investor loans
Residential Investor Loans, Fair Value Disclosure
Residential Investor Loans, Fair Value Disclosure
Award Timing MNPI Disclosure
Award Timing MNPI Disclosure [Text Block]
Basis of Presentation
Basis of Accounting, Policy [Policy Text Block]
Dividends paid on preferred stock
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
Class of Stock [Axis]
Class of Stock [Axis]
Net (Loss) Income (Related) Available To Common Stockholders
Net Income (Loss) Available to Common Stockholders, Basic
MSRs, at fair value
Mortgage servicing rights
Mortgage Servicing Rights [Member]
Mortgage Servicing Rights [Member]
Residential consumer loans, at fair value
Residential Consumer Loans
Residential Consumer Loans at Fair Value [Member]
Residential Loans at Fair Value [Member]
Facility Capacity
Line of Credit Facility, Maximum Borrowing Capacity
Other third-party securities
Other
Other Third Party Securities [Member]
Other Third Party Securities [Member]
Preferred dividends declared
Dividends, Preferred Stock
Sequoia securities
Jumbo Loan Securities [Member]
Jumbo Loan Securities
Recent Accounting Pronouncements
New Accounting Pronouncements, Policy [Policy Text Block]
Noncontrolling Interest
Noncontrolling Interest [Member]
Unsecured Debt
Unsecured Debt [Member]
Retention of interest-only security from loan securitization
Retention of Interest-Only Security From Loan Securitization
Retention of Interest-Only Security From Loan Securitization
Bridge loan
Bridge Loan
Interest rate futures
Future [Member]
Strike price (in dollars per share)
Class of Warrant or Right, Exercise Price of Warrants or Rights
Net change in:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]
Net cash provided by investing activities
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation
Equity Awards Adjustments, Excluding Value Reported in Compensation Table
Equity Awards Adjustments, Excluding Value Reported in the Compensation Table [Member]
Gross Amounts Not Offset in Consolidated Balance Sheet, Cash Collateral (Received) Pledged
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash Not Offset
Net Amounts of Assets (Liabilities) Presented in Consolidated Balance Sheet
Derivative Liability, Security Sold under Agreement to Repurchase, and Security Loaned, Subject to Master Netting Arrangement, after Offset
Equity
Equity [Text Block]
Security Exchange Name
Security Exchange Name
Residential bridge loans held-for-investment, original maturities (in months)
Real Estate Owned, Held-for-Investment, Original Maturity, Term
Real Estate Owned, Held-for-Investment, Original Maturity, Term
Valuation allowance, deferred tax asset amount
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount
Other Assets and Other Liabilities [Line Items]
Other Assets and Other Liabilities [Line Items]
Other Assets and Other Liabilities [Line Items]
HEI income, net
HEI Fair Value Changes, Net
HEI Fair Value Changes, Net
Total Liabilities
Liabilities, Fair Value Disclosure
HEI
Home appreciation options
Home Appreciation Options, Fair value Disclosure
Home Appreciation Options, Fair value Disclosure
ABS issued
Servicing Liability at Fair Value, Amount
12 Consecutive Months or Longer, Fair Value
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer
Residential Bridge, Residential Transition Loans
Residential Bridge Residential Transition Loans [Member]
Residential Bridge Residential Transition Loans
Statement of Comprehensive Income [Abstract]
Statement of Comprehensive Income [Abstract]
Excess MSRs, at fair value
Excess Mortgage Servicing Rights [Member]
Excess Mortgage Servicing Rights [Member]
Name
Outstanding Recovery, Individual Name
Proceeds from sales of real estate securities
Proceeds from Sale and Maturity of Marketable Securities
Award Timing, How MNPI Considered
Award Timing, How MNPI Considered [Text Block]
Market valuation adjustments
Gain (loss) on market valuation adjustments
Market Valuation Adjustments, Net
The aggregate net change in market value for certain assets and liabilities that was included in earnings for the period. This includes changes in market values for assets and liabilities accounted for at fair value, as well as the credit portion of other-than-temporary impairments on securities available for sale, impairments on loans held-for-sale and real estate owned.
Financing Receivable, Nonaccrual [Axis]
Financing Receivable, Nonaccrual [Axis]
Financing Receivable, Nonaccrual
Remaining capacity
Stock Issuance Program, Remaining Authorized Issuance Amount
Stock Issuance Program, Remaining Authorized Issuance Amount
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year [Member]
Pension Adjustments Prior Service Cost
Pension Adjustments Prior Service Cost [Member]
Fair value of HEI purchased and originated
Home Equity Investments Purchased And Originated, Fair Value [Member]
Home Equity Investments Purchased And Originated, Fair Value
Debt obligations
Interest Expense, Long-Term Debt
Supplemental Noncash Information:
Noncash Investing and Financing Items [Abstract]
Consolidated Agency multifamily loans
Interest and Fee Income, Loan, Held-for-Sale, Mortgage
Unpaid Principal Balance
Carrying Value
Long-Term Debt, Gross
Servicer advance investments, at fair value
Servicer advance investments, at fair value
Residential Mortgage [Member]
Principal payments on held-for-sale loans
Proceeds from Collection, Loan, Held-for-Sale
HEI warehouse facility
HEI warehouse facility [Member]
HEI warehouse facility
Asset Class [Domain]
Asset Class [Domain]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]
Compensation Amount
Outstanding Recovery Compensation Amount
Non-controlling interest
Point HEI Noncontrolling Interest [Member]
Point HEI Noncontrolling Interest
Individual:
Individual [Axis]
Collateralized Financing Entities
Collateralized Financing Entities [Member]
Collateralized Financing Entities
Diluted weighted average common shares outstanding (in shares)
Diluted weighted average common shares outstanding (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Real estate securities repurchase facilities
Real estate securities repurchase facilities [Member]
Real estate securities repurchase facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Securitization entity
Securitization Entity
Securitization Entity
Emerging growth company
Entity Emerging Growth Company
Employee stock purchase and incentive plans (in shares)
Stock Issued During Period, Shares, Employee Stock Purchase Plans And Other Incentive Plans
Stock Issued During Period, Shares, Employee Stock Purchase Plans And Other Incentive Plans
Underlying Security Market Price Change
Underlying Security Market Price Change, Percent
Derivative Financial Instruments
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Servicing Investments
Servicer Investments [Member]
Servicer Investments
Operating lease liability, statement of financial position [Extensible List]
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]
Debt Obligations
Short-Term Debt
Maximum loss exposure
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount
Gross Amounts of Recognized Assets (Liabilities)
Derivative Liability, Subject to Master Netting Arrangement, before Offset
Legacy Bridge Loans
Legacy Bridge Loans [Member]
Legacy Bridge Loans
Unpaid Principal Balance
Financing Receivable, Modified in Period, Amount
Second Tranche Warrants
Second Tranche Warrants [Member]
Second Tranche Warrants
Investment receivable
Accrued Investment Income Receivable
9.0% Senior Notes
Nine Point Zero Percent, Senior Notes, Due Twenty Twenty Nine [Member]
Nine Point Zero Percent, Senior Notes, Due Twenty Twenty Nine
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale [Line Items]
Weighted average coupon
Loans Held-for-Investment, Weighted Average Coupon Rate
Loans Held-for-Investment, Weighted Average Coupon Rate
Severance and transition-related expenses
Severance Costs
Repayments on debt obligations
Repayments of Unsecured Debt
Seven Point Seven Five Percentage Convertible Senior Notes
Seven Point Seven Five Percentage Convertible Senior Notes [Member]
Seven Point Seven Five Percentage Convertible Senior Notes
Net Amounts of Assets (Liabilities) Presented in Consolidated Balance Sheet
Derivative Liability, Subject to Master Netting Arrangement, after Offset
Retention of mortgage servicing rights from loan sales
Servicing Asset at Fair Value, Additions
Other
Other Assets, Miscellaneous
Proceeds from borrowings on debt obligations
Proceeds from Issuance of Unsecured Debt
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Present value of remaining lease payments
Lessee, Operating Lease, Liability, to be Paid
Commercial Loan
Commercial Loan [Member]
Secured revolving financing facility
Corporate Secured Revolving Financing Facility [Member]
Corporate Secured Revolving Financing Facility
Proceeds from sales of held-for-sale loans
Proceeds from Sale, Loan, Held-for-Sale
Number of entities
Variable Interest Entity, Number Of Entities
Variable Interest Entity, Number Of Entities
Collateral [Domain]
Collateral Held [Domain]
All Executive Categories
All Executive Categories [Member]
Settlement in Common Stock
Settlement in Common Stock [Member]
Settlement in Common Stock
Pension Adjustments Service Cost
Pension Adjustments Service Cost [Member]
CAFL 2025-RTL2 Issuer, LP
CAFL 2025-RTL2 Issuer, LP [Member]
CAFL 2025-RTL2 Issuer, LP
Schedule of Components of Accrued Expenses and Other Liabilities
Accrued Expenses And Other Liabilities [Table Text Block]
Accrued Expenses and Other Liabilities [Table Text Block]
Commitment To Fund Residential Investor Bridge Loan
Commitment To Fund Residential Investor Bridge Loan [Member]
Commitment To Fund Residential Bridge Loan [Member]
Transfers from loans held-for-investment to loans held-for-sale
Loan and Lease, Transfer from Held-in-Portfolio to Held-for-Sale
Other settlements, net
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements
Schedule of Basic and Diluted Earnings Per Common Share
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Debt Disclosure [Abstract]
Debt Disclosure [Abstract]
Segment Information
Segment Reporting [Text Block]
Minimum
Minimum [Member]
Guarantee obligations
Guarantees, Fair Value Disclosure
Residential investor term loans
Single Family Business Purpose Residential Investors Loans [Member]
Single Family Business Purpose Residential Loans [Member]
Investment Type [Axis]
Investment Type [Axis]
Principles of Consolidation
Variable Interest Entity Disclosure [Text Block]
Liabilities
Liabilities [Abstract]
Class of Warrant or Right [Axis]
Class of Warrant or Right [Axis]
9.75% Senior Notes
Nine Point Seven Five Percent Senior Notes Due 2031 [Member]
Nine Point Seven Five Percent Senior Notes Due 2031
Income Statement Location [Axis]
Location, Statement of Income, Balance [Axis]
Non-Rule 10b5-1 Arrangement Adopted
Non-Rule 10b5-1 Arrangement Adopted [Flag]
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table [Member]
Derivative assets, net
Derivative [Member]
Convertible notes, net
Convertible Debt, Fair Value Disclosures
Business Combination [Line Items]
Business Combination [Line Items]
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation Roll Forward [Abstract]
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation Roll Forward [Abstract]
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation Roll Forward
Common dividends declared
Dividends, Common Stock
Risk management derivatives gains (losses), net
Risk Management Derivatives [Member]
Risk Management Derivatives
Common stock, authorized (in shares)
Common Stock, Shares Authorized
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss) [Line Items]
IO discount rate
Measurement Input, ISO Discount Rate [Member]
Measurement Input, ISO Discount Rate [Member]
Debt securities, available-for-sale, realized gain
Debt Securities, Available-for-Sale, Realized Gain
Fee income, net
Fee income (loss), net
Fee Income (Loss), Net
Fee Income (Loss), Net
Exercise Price
Award Exercise Price
Schedule of Equity Method Investments [Line Items]
Schedule of Equity Method Investments [Line Items]
Share repurchase program, authorized, amount
Share Repurchase Program, Authorized, Amount
Additional funding commitments
Other Commitment, Amount Subject To Portfolio Triggers
Other Commitment, Amount Subject To Portfolio Triggers
Accrued operating expenses
Accrued Operating Expenses
Accrued Operating Expenses
Segment Reporting [Line Items]
Segment Reporting [Line Items]
Purchases of held-for-sale loans
Principal balance of loans originated
Payment for Purchase, Loan, Held-for-Sale
Document Quarterly Report
Document Quarterly Report
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested [Member]
Net Income (Loss) Before Provision for Income Taxes
Net income (loss) before provision for income taxes
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
Derivatives, net, measurement input
Derivative Asset (Liability) Net, Measurement Input
Principal payments on loan investments
Proceeds from Collection of Finance Receivables
Accrued interest payable
Interest Payable
Loan purchase commitments, measurement input
Loan Purchase Commitments, Measurement Input
Loan Purchase Commitments, Measurement Input
Residential consumer loans
Receivables, Fair Value Disclosure
Liabilities
Derivative Liability [Abstract]
Servicing Investments
Strategic Investments
Investments and Other Noncurrent Assets [Text Block]
CPP Joint Venture, First-Lien Jumbo Residential Mortgage Loans and Related Assets
Joint Venture, First-Lien Jumbo Residential Mortgage Loans and Related Assets [Member]
Joint Venture, First-Lien Jumbo Residential Mortgage Loans and Related Assets
Awards Close in Time to MNPI Disclosures, Table
Awards Close in Time to MNPI Disclosures [Table Text Block]
Strategic investments, equity method
Equity Method Investments
Home Equity Investments (HEI)
Real Estate Disclosure [Text Block]
Equity Component [Domain]
Equity Component [Domain]
Principal paydowns
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Calls, Maturities, Paydowns
Principal paydowns, including calls and maturities, that have taken place during the period in relation to assets measured at fair value and categorized within Level 3 of the fair value hierarchy.
Measurement Input Type [Domain]
Measurement Input Type [Domain]
Gains (losses) in net income, net
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings
Schedule of Activity of Residential Consumer Loans Held-for-Sale
Quarterly Activity of Residential Consumer Loans Held-for-Sale [Table Text Block]
Quarterly Activity of Residential Consumer Loans Held-for-Sale
Loans receivable, fair value
Market value of loans pledged as collateral under short-term borrowing agreements
Loans Receivable, Fair Value Disclosure
Adoption Date
Trading Arrangement Adoption Date
Net proceeds from issuance of stock
Proceeds from Issuance or Sale of Equity
Residential consumer loan warehouse facilities
Residential consumer loan warehouse facilities [Member]
Residential consumer loan warehouse facilities
Counterparty Name [Domain]
Counterparty Name [Domain]
Debt obligation facilities and other financing
Subordinated Debt Obligations, Fair Value Disclosure
Servicing investments
Servicing Asset
Title
Trading Arrangement, Individual Title
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Accounting Policies [Abstract]
Accounting Policies [Abstract]
Restatement does not require Recovery
Restatement Does Not Require Recovery [Text Block]
Investment fair value gains
Debt And Equity Securities, Fair Value Gains
Debt And Equity Securities, Fair Value Gains
Operating lease liabilities
Operating Lease, Liability
Gross Amounts Offset in Consolidated Balance Sheet
Derivative Liability, Security Sold under Agreement to Repurchase, and Security Loaned, Subject to Master Netting Arrangement, Asset Offset
Other financing activities, net
Proceeds from (Payment for) Other Financing Activity
Insider Trading Policies and Procedures Adopted
Insider Trading Policies and Procedures Adopted [Flag]
2024 CAFL Securitization
2024 CAFL Securitization [Member]
2024 CAFL Securitization
Commitments and Contingencies
Commitments and Contingencies Disclosure [Text Block]
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Net Income [Text Block]
Financial Asset, Period Past Due [Domain]
Financial Asset, Aging [Domain]
Weighted Average
Weighted Average [Member]
All Adjustments to Compensation
All Adjustments to Compensation [Member]
Corporate/ Other
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]
Loan warehouse debt
Warehouse Agreement Borrowings [Member]
Other (loss) income, net
Strategic Investments Income (Loss), Net
Strategic Investments Income (Loss), Net
Net cash used in operating activities
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation
Other Real Estate [Roll Forward]
Other Real Estate [Roll Forward]
Residential investor bridge loans
Residential Investor Bridge Loans Held-For-Investment [Member]
Residential Bridge Loans Held-for-investment [Member]
Income Statement [Abstract]
Income Statement [Abstract]
Document Transition Report
Document Transition Report
Accrued expenses and other liabilities
Increase (Decrease) in Operating Liabilities
Payable to non-controlling interests
Noncontrolling Interest in Limited Partnerships
Subordinate credit spread to Treasury Curve
Measurement Input, Whole Loan Spread to Swap Rate [Member]
Measurement Input, Whole Loan Spread to Swap Rate
Net market valuation (losses) gains recorded
Market value of loans pledged as collateral under debt facilities
Gain (Loss) on Investments
Average UPB of loans
Loan, Managed and Securitized or Asset-Backed Financing Arrangement, Principal Outstanding, Average
Loan, Managed and Securitized or Asset-Backed Financing Arrangement, Principal Outstanding, Average
Deferred tax asset
Deferred Income Tax Assets, Net
Stock Appreciation Rights (SARs)
Stock Appreciation Rights (SARs) [Member]
Increase in interest rate (as a percent)
Debt Instrument, Interest Rate, Increase (Decrease)
Real estate securities - trading and AFS securities
Debt Securities, Trading And Available-for-sale, Fair Value Disclosure
Debt Securities, Trading And Available-for-sale, Fair Value Disclosure
Extension option
Debt Instrument, Extension Option
Debt Instrument, Extension Option
CPP Joint Venture, Residential Investor Bridge and Term Loans
CPP Joint Venture, Residential Investor Bridge and Term Loans [Member]
CPP Joint Venture, Residential Investor Bridge and Term Loans
Other Commitments [Domain]
Other Commitments [Domain]
City Area Code
City Area Code
Real Estate Trading Securities
Real Estate Trading Securities [Member]
Real Estate Trading Securities
Legacy Investments
Legacy Investments [Member]
Legacy Investments
Document Information [Table]
Document Information [Table]
Convertible Debt Securities
Convertible Debt Securities [Member]
Subsequent Events
Subsequent Events [Text Block]
Fair value
Transferor's Interests in Transferred Financial Assets, Fair Value
ABS issued
Debt Instrument, Fair Value Disclosure
Fair value of securities owned
Financial Instruments, Owned, Principal Investments, at Fair Value
Name
Forgone Recovery, Individual Name
Interest-Only-Strip
Interest-Only-Strip [Member]
Real estate owned, variable rate (as a percent)
Real Estate Owned, Held-for-Investment, Original Maturity, Variable Rate
Real Estate Owned, Held-for-Investment, Original Maturity, Variable Rate
Non-GAAP Measure Description
Non-GAAP Measure Description [Text Block]
Derivative Gain Loss Statement of Income or Comprehensive Income Extensible Enumeration Not Disclosed Flag
Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
Loans held-for-investment, measurement input
Loans Held-for-Investment, Measurement Input
Loans Held-for-Investment, Measurement Input
Entity [Domain]
Entity [Domain]
Preferred stock, issued (in shares)
Preferred Stock, Shares Issued
Total interest income
Interest income
Interest and Dividend Income, Operating
Less: Dividends and undistributed earnings allocated to participating securities
Participating Securities, Distributed and Undistributed Earnings (Loss), Diluted
Other Assets and Other Liabilities [Table]
Other Assets and Other Liabilities [Table]
Other Assets and Other Liabilities [Table]
Other assets
Increase (Decrease) in Other Operating Assets
Organization
Nature of Operations [Text Block]
Loan acquisition costs
Loan Acquisition Costs
Loan Acquisition Costs
LPCs and IRLCs
Loan Purchase Commitments And Forward Sales Commitments [Member]
Loan Purchase Commitments And Forward Sales Commitments [Member]
Long-term incentive award expense
Share-Based Payment Arrangement, Expense
Gross Amounts Offset in Consolidated Balance Sheet
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset
Measurement Basis [Axis]
Measurement Basis [Axis]
Bridge Loans, Multifamily
Bridge Loans, Multifamily [Member]
Bridge Loans, Multifamily
Subordinate
Subordinate Securities [Member]
Subordinate Securities [Member]
Investments
Investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Residential investor term loans
Single-Family Rental Loans, Held-For-Sale At Fair Value [Member]
Single-Family Rental Loans, Held-For-Sale At Fair Value [Member]
Proceeds from sales of loans
Proceeds from Sale of Finance Receivables
Series A Preferred Stock
Series A Preferred Stock [Member]
AFS Securities
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Oaktree Joint Venture, Residential Investor Bridge and Term Loans
Oaktree Joint Venture, Residential Investor Bridge and Term Loans [Member]
Oaktree Joint Venture, Residential Investor Bridge and Term Loans
Securitized Bridge
Residential Investor Bridge, Securitized [Member]
Residential Investor Bridge, Securitized
Erroneously Awarded Compensation Recovery
Erroneously Awarded Compensation Recovery [Table]
Schedule of Fair Value Methodology for Level 3 Financial Instruments
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
Net unrealized (loss) gain on available-for-sale ("AFS") securities
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax
Debt issuance costs paid
Payments of Debt Issuance Costs
Accumulated Other Comprehensive Income (Loss) [Table]
Accumulated Other Comprehensive Income (Loss) [Table]
Entity Current Reporting Status
Entity Current Reporting Status
Net cash provided by financing activities
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation
Total Shareholder Return Amount
Total Shareholder Return Amount
Cash Flow Hedging
Cash Flow Hedging [Member]
Liabilities
Liabilities, Fair Value Disclosure [Abstract]
Adjustments to reconcile net (loss) to net cash used in operating activities:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]
Loan warehouse debt
Securities Sold under Agreements to Repurchase [Abstract]
Schedule of Fair Values of Real Estate Securities by Type
Fair Value And Investments In Debt And Marketable Equity Securities And Certain Trading Assets Disclosures [Table Text Block]
Tabular disclosure of fair value and investments in debt and marketable equity securities.
Unpaid principal balance
Transferred Financial Assets, Unpaid Principal Balance
Transferred Financial Assets, Unpaid Principal Balance
Average Month Length of Maturity Extensions
Financing Receivable, Modified, Weighted-Average Term Increase from Modification
Strategic investments, measurement input
Strategic Investments, Measurement Input
Strategic Investments, Measurement Input
Residential investor bridge loans
Residential Investor Bridge
Residential Investor Bridge Loans [Member]
Residential Bridge Loans [Member]
Portfolio management costs
Portfolio Management Fees
Portfolio Management Fees
Fixed assets and leasehold improvements
Property, Plant, and Equipment, after Accumulated Depreciation, Depletion, and Amortization
Cash Flows From Financing Activities:
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]
Residential Investor Term Loans
Residential Investor Term Loans [Member]
Residential Investor Term Loans
Purchases of HEI
Payments To Acquire Home equity Investment Contracts
Payments To Acquire Home equity Investment Contracts
Net Investment Income [Line Items]
Net Investment Income [Line Items]
Receivable from joint venture partners
Receivable From Joint Venture Partners
Receivable From Joint Venture Partners
Financial Instruments [Domain]
Financial Instruments [Domain]
Securitized Loans
Sequoia
Sequoia Choice Securitization Entities [Member]
Sequoia Choice Securitization Entities [Member]
Other income, net
Mortgage Servicing Rights Income (Loss), Net
Includes income (loss) from mortgage banking servicing real estate mortgages, net of subservicing costs, and market valuation changes of MSRs held at fair value.
Other income, net
Other income, net
Other Income
Derivative assets
Derivative assets
Derivative Asset
Offsetting [Abstract]
Underlying Securities
Award Underlying Securities Amount
Estimated Fair Value
Estimate of Fair Value Measurement [Member]
Preferred Stock
Preferred Stock [Member]
Other investing activities, net
Payment for (Proceeds from) Other Investing Activity
Segment Reporting [Table]
Segment Reporting [Table]
Cumulative Distributions to Stockholders
Accumulated Distributions in Excess of Net Income [Member]
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Abstract]
All Trading Arrangements
All Trading Arrangements [Member]
Less Than 12 Consecutive Months, Fair Value
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months
Beginning balance
Ending balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value
Other Performance Measure, Amount
Other Performance Measure, Amount
Award Timing MNPI Considered
Award Timing MNPI Considered [Flag]
Current Fiscal Year End Date
Current Fiscal Year End Date
Deferred Bonus and Profit Sharing Arrangement, Individual Contract, Type of Deferred Compensation [Domain]
Deferred Bonus and Profit Sharing Arrangement, Individual Contract, Type of Deferred Compensation [Domain]
Non-PEO NEO Average Total Compensation Amount
Non-PEO NEO Average Total Compensation Amount
Derivative [Line Items]
Derivative [Line Items]
Systems and consulting
Communications and Information Technology
Bridge loan holdbacks
Bridge Loan Holdback
Bridge Loan Holdback
Share repurchases (in shares)
Share repurchases (in shares)
Stock Repurchased During Period, Shares
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member]
Common dividends declared (in dollars per share)
Common Stock, Dividends, Per Share, Declared
Entity File Number
Entity File Number
Recovery of Erroneously Awarded Compensation Disclosure [Line Items]
Lessee, number of leases
Lessee, Number Of Leases
Lessee, Number Of Leases
Preferred dividends declared (in dollars per share)
Preferred stock dividends declared (in dollars per share)
Preferred Stock, Dividends Per Share, Declared
Measure:
Measure [Axis]
Carrying value of interests
Noncontrolling Interest in Operating Partnerships
Schedule of Assets and Liabilities of Consolidated VIEs
Schedule of Variable Interest Entities [Table Text Block]
Business Purpose Bridge Loans
Business Purpose Bridge Loans [Member]
Business Purpose Bridge Loans
Equity Components [Axis]
Equity Components [Axis]
Taxes paid
Income Tax Paid, after Refund Received
Deferred tax asset valuation allowance
Deferred Tax Assets, Valuation Allowance
Entity Interactive Data Current
Entity Interactive Data Current
Other Assets and Liabilities
Other Assets And Other Liabilities Disclosure [Text Block]
Other Assets And Other Liabilities Disclosure
AFS securities, contractual maturities, less than five years
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five
Gross Amounts Not Offset in Consolidated Balance Sheet, Financial Instruments
Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, Deduction of Financial Instrument Not Offset
Reclassification of unrealized loss (gain) on AFS securities to net (loss) income
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax
Entity small business
Entity Small Business
Comprehensive (Loss) Income (Related) Available To Common Stockholders
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
First Tranche Warrants
First Tranche Warrants [Member]
First Tranche Warrants
Other settlements, net
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements
Fair Value, Assets And Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Fair Value, Assets And Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Fair Value, Assets And Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Net interest income (expense)
Interest Income (Expense), Operating
MNPI Disclosure Timed for Compensation Value
MNPI Disclosure Timed for Compensation Value [Flag]
Net Amounts of Assets (Liabilities) Presented in Consolidated Balance Sheet
Derivative Asset, Subject to Master Netting Arrangement, after Offset
Mortgage Banking Activities, Net
Mortgage Banking And Investing Activities Disclosure [Text Block]
Mortgage Banking And Investing Activities Disclosure [Text Block]
Document Type
Document Type
Other Significant Noncash Transaction, Name [Domain]
Other Significant Noncash Transaction, Name [Domain]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Summary of Significant Accounting Policies
Significant Accounting Policies [Text Block]
9.5% Senior Notes
Nine Point Five Percent Senior Notes Due 2030 [Member]
Nine Point Five Percent Senior Notes Due 2030
Statement of Stockholders' Equity [Abstract]
Statement of Stockholders' Equity [Abstract]
Oaktree Capital Management, L.P.
Oaktree Capital Management, L.P. [Member]
Oaktree Capital Management, L.P.
Debt Securities, Trading, and Equity Securities, FV-NI [Table]
Debt Securities, Trading, and Equity Securities, FV-NI [Table]
Local Phone Number
Local Phone Number
Guarantee obligations
Guaranty Liabilities
Annual variable compensation expense
Variable Compensation Expense
Variable Compensation Expense
Commitments and Contingencies (see Note 19)
Commitments and Contingencies
Debt Instrument, Redemption, Period [Domain]
Debt Instrument, Redemption, Period [Domain]
Antidilutive Securities, Name [Domain]
Antidilutive Securities, Name [Domain]
Fixed assets
Property, Plant, and Equipment, before Accumulated Depreciation, Depletion, and Amortization
Net market valuation (losses) recorded on ABS Issued from HEI securitizations
ABS Issued From HEI Securitization [Member]
ABS Issued From HEI Securitization
Changed Peer Group, Footnote
Changed Peer Group, Footnote [Text Block]
Reclassification out of Accumulated Other Comprehensive Income [Axis]
Reclassification out of Accumulated Other Comprehensive Income [Axis]
Executive Category:
Executive Category [Axis]
Complex Modifications
Extended Maturity and Covenant Terms [Member]
Extended Maturity and Covenant Terms
Unsecuritized Term
Single-Family Rental Loans, Held-For-Sale [Member]
Single-Family Rental Loans, Held-For-Sale
Counterparty Name [Axis]
Counterparty Name [Axis]
LIABILITIES AND EQUITY
Liabilities and Equity [Abstract]
Loans held-for-sale, measurement input
Loan, Held-for-Sale, Measurement Input
Strategic investments
Strategic investments, at fair value
Strategic Investments At Fair Value Amount
Strategic Investments At Fair Value Amount
Non-PEO NEO Average Compensation Actually Paid Amount
Non-PEO NEO Average Compensation Actually Paid Amount
Schedule of Variable Interest Entities [Table]
Variable Interest Entity [Table]
Supplemental Cash Flow Information:
Supplemental Cash Flow Information [Abstract]
Reclassification of unrealized loss on interest rate agreements to net (loss) income
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax
Trust preferred securities and subordinated notes
Trust Preferred Securities And Subordinated Notes [Member]
Trust Preferred Securities And Subordinated Notes [Member]
Schedule of Mortgage Banking Activities, Net
Income and Expense Attributable To Mortgage Banking Activities [Table Text Block]
Tabular disclosure of the components of mortgage banking activities, net. This includes market valuations related to residential and commercial loans, retained Sequoia IOs, and mortgage banking derivatives, as well as realized gains or losses associated with residential and commercial loan sales and securitizations.
Schedule of Asset-Backed Securities Issued
Schedule of Asset Backed Securities [Table Text Block]
Tabular disclosure of information pertaining to asset backed securities, including but not limited to identification of components, terms, features, and other information necessary to a fair presentation.
PEO Name
PEO Name
Interest Rate Agreements Accounted for as Cash Flow Hedges
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
9.125% Senior Notes Due 2029
9.125% Senior Notes Due 2029 [Member]
9.125% Senior Notes Due 2029
Repayments on asset-backed securities issued
Repayments of Secured Debt
Stock Price or TSR Estimation Method
Stock Price or TSR Estimation Method [Text Block]
Entity Tax Identification Number
Entity Tax Identification Number
Office costs
Office Costs
Office Costs
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Number of securities in a continuous unrealized loss position for twelve consecutive months or longer (in investments)
Number of Securities, Continuous Unrealized Loss Position More Than Twelve Months
Number of Securities, Continuous Unrealized Loss Position More Than Twelve Months
Aggregate Erroneous Compensation Not Yet Determined
Aggregate Erroneous Compensation Not Yet Determined [Text Block]
Net Amount
Derivative Liability, Subject to Master Netting Arrangement, after Offset and Deduction
Material Terms of Trading Arrangement
Material Terms of Trading Arrangement [Text Block]
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year [Member]
Risk management derivatives (losses) gains, net
Mortgage Banking Activities, Net, Risk Management Derivatives
Mortgage Banking Activities, Net, Risk Management Derivatives
Basis of Presentation
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
Comprehensive (Loss) Income
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Debt Instrument [Axis]
Debt Instrument [Axis]
Interest Expense
Interest Expense, Operating and Nonoperating [Abstract]
HEI
Home Appreciation Options, Measurement Input
Home Appreciation Options, Measurement Input
Other investments
Strategic Investments, Other Investments
Strategic Investments, Other Investments
Net Amount
Security Sold under Agreement to Repurchase, Including Not Subject to Master Netting Arrangement, after Offset and Deduction
Schedule of Activity of Home Equity Investments
Schedule Of Activity of Home Equity Investments [Table Text Block]
Schedule Of Activity of Home Equity Investments
Short-Term Facilities:
Short-Term Debt [Member]
Basic (loss) earnings per common share (in dollars per share)
Basic (Loss) Earnings per Common Share (in dollars per share)
Earnings Per Share, Basic
Measurement Input Type [Axis]
Measurement Input Type [Axis]
Insider Trading Arrangements [Line Items]
Spread on treasury rate (as a percent)
Preferred Stock, Dividend Rate, Percentage Spread On Treasury Rate
Preferred Stock, Dividend Rate, Percentage Spread On Treasury Rate
At consolidated CAFL Bridge entities
CAFL Bridge Loan Securitization [Member]
CAFL Bridge Loan Securitization
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
ABS issued, net
Cash Equivalent, Asset-Backed Security, Carrying Value
Net (Loss) Income (Related) Available To Common Stockholders
Net (loss) income (related) available to common stockholders
Net Income (Loss)
Net Income (Loss) Available to Common Stockholders, Basic, Adjusted
Net Income (Loss) Available to Common Stockholders, Basic, Adjusted
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Number of Series
Number of Series
Number of Series
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Cover [Abstract]
Cover [Abstract]
Fair Value Measurement Inputs and Valuation Techniques [Table]
Fair Value Measurement Inputs and Valuation Techniques [Table]
CAFL securities
CAFL securities 2 [Member]
CAFL securities 2
Equity Awards Adjustments
Equity Awards Adjustments [Member]
Hedging Relationship [Domain]
Hedging Relationship [Domain]
Weighted Average Contractual Interest Rate
Financing Receivable, Modified, Weighted-Average Interest Rate before Modification
Sequoia Securitized Loans
Real Estate Owned, Unsecuritized Sequoia [Member]
Real Estate Owned, Unsecuritized Sequoia
Prepayment yield (Annual CPY)
Measurement Input, Prepayment Rate [Member]
Other interest income
Interest Income, Other
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Gross proceeds from issuance of preferred stock
Proceeds from Issuance of Preferred Stock and Preference Stock
Plan Name [Axis]
Plan Name [Axis]
Real estate securities repurchase facilities IO
Real Estate Securities Repurchase Facilities IO [Member]
Real Estate Securities Repurchase Facilities IO
Number of VIEs
Number of Variable Interest Entities, Acquired and Consolidated
Number of Variable Interest Entities, Acquired and Consolidated
2025 CAFL Securitization
2025 CAFL Securitization [Member]
2025 CAFL Securitization
Debt obligations, net
Other Long-Term Debt
Net market valuation gains (losses) recorded
Net Market Valuation Gains (Losses)
Net Market Valuation Gains (Losses)
Debt Obligations, Net
Long-Term Debt [Text Block]
Equity
Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Term Loans, Multifamily
Term Loans, Multifamily [Member]
Term Loans, Multifamily
Loans held at lower of cost or market
Financing Receivable, Loans Held At Amortized Cost
Financing Receivable, Loans Held At Amortized Cost
Consolidated Sequoia Securitizations
Consolidated Sequoia Securitizations [Member]
Consolidated Sequoia Securitizations
General and administrative expenses
General and administrative expenses
Total General and Administrative Expenses
General and Administrative Expense
Senior credit spread to TBA price
Measurement Input, Whole Loan Spread to TBA Price [Member]
Measurement Input, Whole Loan Spread to TBA Price
Preferred stock, authorized (in shares)
Preferred Stock, Shares Authorized
Aggregate commited capital
Equity Method Investments, Aggregate Commited Capital
Equity Method Investments, Aggregate Commited Capital
Class of Stock [Domain]
Class of Stock [Domain]
Financing receivable, previously modified
Financing Receivable, Modified In Period, Previously Modified, Amount
Financing Receivable, Modified In Period, Previously Modified, Amount
Statement of Cash Flows [Abstract]
Statement of Cash Flows [Abstract]
Sales
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales
Funding commitment
Funding commitment
Other Commitment
Real estate securities - trading and AFS securities, measurement input
Debt Securities, Trading And Available-for-sale, Measurement Input
Debt Securities, Trading And Available-for-sale, Measurement Input
Schedule of Activity of Real Estate Owned (REO)
Other Real Estate, Roll Forward [Table Text Block]
Aggregate Available
Trading Arrangement, Securities Aggregate Available Amount
Taxes
Income Tax Disclosure [Text Block]
Current accounts payable
Accounts Payable, Current
Residential Term,Debt Service Coverage Ratio
Residential Term,Debt Service Coverage Ratio [Member]
Residential Term,Debt Service Coverage Ratio
Real estate owned
Balance at beginning of period
Balance at End of Period
Real Estate Acquired Through Foreclosure
Real estate securities
Real Estate Securities [Member]
Real Estate Securities [Member]
Pay vs Performance Disclosure
Pay vs Performance Disclosure [Table]
Entity Filer Category
Entity Filer Category
Unsecuritized Bridge
Residential Investor Bridge, Unsecuritized [Member]
Residential Investor Bridge, Unsecuritized
Loss from liquidation
Realized Gain (Loss) From Liquidation
Realized Gain (Loss) From Liquidation
Real estate securities - trading and AFS securities
Investment Securities [Member]
Investment Securities [Member]
Fixed compensation expense
Fixed Compensation Expense
Fixed Compensation Expense
Schedule of Offsetting Liabilities
Offsetting Liabilities [Table Text Block]
VIE, ownership interest rate (as a percent)
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage
Financial Asset, Period Past Due [Axis]
Financial Asset, Aging [Axis]
Equity Method Investments and Joint Ventures [Abstract]
Investments, Debt and Equity Securities [Abstract]
Investments, Debt and Equity Securities [Abstract]
Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss)
LPCs and IRLCs
Loan Purchase Commitments [Member]
Gross Amounts Offset in Consolidated Balance Sheet
Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, Asset Offset
Entity Address, Address Line Two
Entity Address, Address Line Two
Derivative liabilities
Derivative liabilities
Derivative liabilities
Derivative Liability
Senior Notes
Senior Notes [Member]
Residential investor loans
Interest and Fee Income, Loans, Commercial and Residential, Real Estate
Entity Address Address Line One
Entity Address, Address Line One
Right-of-use asset obtained in exchange for operating lease liability
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability
(Provision for) benefit from income taxes
Benefit from (Provision for) income taxes
Income Tax Expense (Benefit)
Strategic investments, measurement alternative
Strategic Investments, Measurement Alternative
Strategic Investments, Measurement Alternative
Principles of Consolidation
Consolidation, Policy [Policy Text Block]
Sequoia
Sequoia Mortgage Banking Segment [Member]
Sequoia Mortgage Banking Segment
VIEs
Variable Interest Entity, Primary Beneficiary [Member]
Co-Investors Interests
Co-Investors Interests [Member]
Co-Investors Interests
Offsetting Asset and Liabilities [Line Items]
Offsetting Asset and Liabilities [Line Items]
Offsetting Asset and Liabilities [Line Items]
Margin payable
Margin Payable
Margin Payable
Loan Restructuring Modification [Domain]
Loan Restructuring Modification [Domain]
Corporate Joint Venture
Corporate Joint Venture [Member]
Statement [Table]
Statement [Table]
Direct Stock Purchases and Dividend Reinvestment Plan
Direct Stock Purchases and Dividend Reinvestment Plan [Member]
Direct Stock Purchases and Dividend Reinvestment Plan
Interest income
Investment Income, Interest
Gross Amounts Not Offset in Consolidated Balance Sheet, Financial Instruments
Derivative Liability, Security Sold under Agreement to Repurchase, and Security Loaned, Subject to Master Netting Arrangement, Deduction of Financial Instrument Not Offset
Gross Amounts of Recognized Assets (Liabilities)
Derivative Asset, Subject to Master Netting Arrangement, before Offset
Residential investor loans held-for-sale
Loan, Held-for-Sale, Fair Value Disclosure
Equity awards
Share-Based Payment Arrangement [Member]
Sequoia Re-Securitization Trusts
Sequoia Re-Securitization Trusts [Member]
Sequoia Re-Securitization Trusts
Schedule of Components of Servicing Investments and Components of Income From Servicing Investments, Net
Schedule of Components of Strategic Investments and Components of Income From Strategic Investments, Net
Summary Of Other Investments [Table Text Block]
Summary Of Other Investments [Table Text Block]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Accounts Payable and Accrued Liabilities