Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS, EQUITY METHOD INVESTEES - Summary of the Financial Results of Excess MSR Joint Ventures, Accounted for as Equity Method Investees (Details)

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INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS, EQUITY METHOD INVESTEES - Summary of the Financial Results of Excess MSR Joint Ventures, Accounted for as Equity Method Investees (Details) - Excess MSRs Investees [Member] - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]      
Excess MSR assets $ 404,863   $ 421,999
Other assets 14,939   12,442
Other liabilities 0   0
Equity 419,802   434,441
New Residential’s investment $ 209,901   $ 217,221
New Residential’s ownership 50.00%   50.00012%
Interest income $ 8,081 $ 11,701  
Other income (loss) (2,014) (1,835)  
Expenses (23) (25)  
Net income $ 6,044 $ 9,841