Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL INSTRUMENTS - Summary of Certain Information Regarding Inputs used in Valuing Excess MSRs Owned Directly and through Equity Method Investees (Details)

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FAIR VALUE OF FINANCIAL INSTRUMENTS - Summary of Certain Information Regarding Inputs used in Valuing Excess MSRs Owned Directly and through Equity Method Investees (Details)
6 Months Ended
Jun. 30, 2015
Directly Held (Note 4)  
Prepayment Speed [1],[2] 10.40%
Delinquency [2],[3] 4.60%
Recapture Rate [2],[4] 12.40%
Excess Mortgage Servicing Amount (bps) [2],[5] 18
Directly Held [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2] 10.10%
Delinquency [2],[3] 4.20%
Recapture Rate [2],[4] 7.90%
Excess Mortgage Servicing Amount (bps) [2],[5] 18
Directly Held [Member] | Agency [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2] 10.30%
Delinquency [2],[3] 4.20%
Recapture Rate [2],[4] 31.40%
Excess Mortgage Servicing Amount (bps) [2],[5] 22
Directly Held [Member] | Agency [Member] | Original and Recaptured Pools [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2] 10.60%
Delinquency [2],[3] 4.20%
Recapture Rate [2],[4] 32.70%
Excess Mortgage Servicing Amount (bps) [2],[5] 22
Directly Held [Member] | Agency [Member] | Recapture Agreements [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2] 7.70%
Delinquency [2],[3] 4.60%
Recapture Rate [2],[4] 20.00%
Excess Mortgage Servicing Amount (bps) [2],[5] 24
Directly Held [Member] | Non-Agency [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2],[6] 10.00%
Recapture Rate [2],[4],[6] 2.30%
Excess Mortgage Servicing Amount (bps) [2],[5],[6] 17
Directly Held [Member] | Non-Agency [Member] | Original and Recaptured Pools [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2],[6] 12.70%
Recapture Rate [2],[4],[6] 10.30%
Excess Mortgage Servicing Amount (bps) [2],[5],[6] 21
Directly Held [Member] | Non-Agency [Member] | Recapture Agreements [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2],[6] 7.50%
Recapture Rate [2],[4],[6] 20.00%
Excess Mortgage Servicing Amount (bps) [2],[5],[6] 20
Directly Held [Member] | Non-Agency [Member] | Ocwen Serviced Pools [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2],[6] 9.40%
Recapture Rate [2],[4],[6] 0.00%
Excess Mortgage Servicing Amount (bps) [2],[5],[6] 14
Held through Equity Method Investees [Member] | Agency [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2] 11.90%
Delinquency [2],[3] 6.10%
Recapture Rate [2],[4] 31.20%
Excess Mortgage Servicing Amount (bps) [2],[5] 19
Held through Equity Method Investees [Member] | Agency [Member] | Original and Recaptured Pools [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2] 12.70%
Delinquency [2],[3] 6.40%
Recapture Rate [2],[4] 33.40%
Excess Mortgage Servicing Amount (bps) [2],[5] 19
Held through Equity Method Investees [Member] | Agency [Member] | Recapture Agreements [Member]  
Directly Held (Note 4)  
Prepayment Speed [1],[2] 7.70%
Delinquency [2],[3] 4.50%
Recapture Rate [2],[4] 20.00%
Excess Mortgage Servicing Amount (bps) [2],[5] 23
[1] Projected annualized weighted average lifetime voluntary and involuntary prepayment rate using a prepayment vector.
[2] Weighted by amortized cost basis of the mortgage loan portfolio.
[3] Projected percentage of mortgage loans in the pool that will miss their mortgage payments.
[4] Percentage of voluntarily prepaid loans that are expected to be refinanced by Nationstar.
[5] Weighted average total mortgage servicing amount in excess of the basic fee.
[6] For certain pools, the Excess MSR will be paid on the total UPB of the mortgage portfolio (including both performing and delinquent loans until REO). For these pools, no delinquency assumption is used.