Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Summary of Activities Related to the Carrying Value of Loans Held-for-sale (Details)

v3.2.0.727
INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Summary of Activities Related to the Carrying Value of Loans Held-for-sale (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Loans Held-for-sale, Reconciliation [Roll Forward]    
Transfer of loans to real estate owned $ (19,875) $ 0
Loans Held-for-sale [Member]    
Loans Held-for-sale, Reconciliation [Roll Forward]    
Beginning balance, loans held-for-sale 1,126,439  
Purchases [1] 807,579  
Sales (1,352,158)  
Transfer of loans to real estate owned (20,034)  
Proceeds from repayments (37,903)  
Valuation provision on loans (2,736)  
Ending balance, loans held-for-sale 523,018  
Accounting Standards Update 2014-11 [Member]    
Loans Held-for-sale, Reconciliation [Roll Forward]    
Adoption of ASU No. 2014-11 146,741  
Accounting Standards Update 2014-11 [Member] | Loans Held-for-sale [Member]    
Loans Held-for-sale, Reconciliation [Roll Forward]    
Adoption of ASU No. 2014-11 [2] $ 1,831  
[1] Represents loans acquired with the intent to sell, including loans acquired in the HLSS Acquisition (Note 1).
[2] Represents loans financed with the selling counterparty that were previously accounted for as linked transactions.