Investments in MSR Financing Receivables (Tables)
 12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Change in Fair Value of MSR Financing Receivables The following table presents activity related to the carrying value of the Company’s investments in MSR financing receivables for the periods indicated:

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Balance at period beginning

 

$

9,346

 

 

$

—

 

Capital investments

 

 

100,873

 

 

 

9,346

 

Capital distributions

 

 

(5,666

)

 

 

—

 

Accretion of interest income

 

 

6,282

 

 

 

—

 

Changes in valuation inputs and assumptions

 

 

14,183

 

 

 

—

 

Balance at period end

 

$

125,018

 

 

$

9,346