Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN SERVICER ADVANCES - Summary of Investments in Servicer Advances - Additional Information (Details)

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INVESTMENTS IN SERVICER ADVANCES - Summary of Investments in Servicer Advances - Additional Information (Details) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Investments in and Advances to Affiliates [Line Items]    
Outstanding Servicer Advances [1] $ 4,836,754,000 $ 5,706,593,000
Face Amount of Notes and Bonds Payable 16,069,475,000  
Non-Agency Bonds [Member]    
Investments in and Advances to Affiliates [Line Items]    
Face Amount of Notes and Bonds Payable 93,500,000.0  
Servicer Advance Joint Venture [Member] | Servicer Advances [Member]    
Investments in and Advances to Affiliates [Line Items]    
UPB of Underlying Mortgages 169,570,376,000 186,362,657,000
Outstanding Servicer Advances $ 4,470,640,000 $ 5,617,759,000
Servicer Advances to UPB of Underlying Residential Mortgage Loans 2.60% 3.00%
Face Amount of Notes and Bonds Payable $ 4,443,368,000 $ 5,560,412,000
Gross Loan-to-Value 93.50% 94.50%
Net Loan-to-Value 92.30% 93.40%
Gross Cost of Funds 3.30% 3.20%
Net Cost of Funds 2.90% 2.80%
Gross LTV, including deferred servicing fees 88.30%  
Net LTV, including deferred servicing fees 87.20%  
Gross LTV, if sold 95.50%  
Net LTV, if sold 94.30%  
Servicer Advance Joint Venture [Member] | Non-Agency Bonds [Member]    
Investments in and Advances to Affiliates [Line Items]    
Retained non-agency bonds, face amount $ 93,500,000  
[1] New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, the Buyer (Note 6), the RPL Borrowers (Note 8), and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advances, residential mortgage loans, and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer, the RPL Borrowers and the Consumer Loan SPVs are included in Notes 6, 8 and 9, respectively. The creditors of the Buyer, the RPL Borrowers, and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer, the RPL Borrowers, and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.