Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MORTGAGE SERVICING RIGHTS FINANCING RECEIVABLES - Schedule of Advances Included in Servicing Advances Receivable (Details)

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INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MORTGAGE SERVICING RIGHTS FINANCING RECEIVABLES - Schedule of Advances Included in Servicing Advances Receivable (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Investment [Line Items]    
Outstanding Servicer Advances [1] $ 843,438 $ 4,027,379
Servicer Advances Receivable    
Investment [Line Items]    
Principal and interest advances 832,272 172,467
Escrow advances (taxes and insurance advances) 2,143,021 482,884
Foreclosure advances 226,916 16,017
Outstanding Servicer Advances 3,202,209 671,368
Servicer advances receivable related to agency MSRs 172,300 167,900
Servicer advances, unamortized discount and accrual $ 13,200 $ 4,200
[1] New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, Advance Purchaser LLC (the “Buyer”) (Note 6) and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advance Investments and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer and the Consumer Loan SPVs are included in Notes 6 and 9, respectively. The creditors of the Buyer and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations. See Note 8 regarding deconsolidation of the RPL Borrowers.