Residential Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Notes) |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Residential Mortgage Loans Held-for-Investment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Residential Mortgage Loans Held-for-Investment [Text Block] |
Residential Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value
The Company purchases subordinated debt and excess servicing rights from securitization trusts sponsored by either third parties or the Company’s subsidiaries. The underlying residential mortgage loans held by the trusts, which are consolidated on the Company’s condensed consolidated balance sheets, are classified as residential mortgage loans held-for-investment in securitization trusts and carried at fair value as a result of a fair value option election. See Note 3 - Variable Interest Entities for additional information regarding consolidation of the securitization trusts. The following table presents the carrying value of the Company’s residential mortgage loans held-for-investment in securitization trusts as of September 30, 2016 and December 31, 2015:
|
||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition Residential Mortgage Loans Held-for-Investment [Abstract] No definition available.
|
| X | ||||||||||
- Definition The entire disclosure of residential mortgage loans to individuals not classified as held for sale but are held-for-investment. No definition available.
|