Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN SERVICER ADVANCES - Summary of Investments in Servicer Advances - Components of Funded Advances (Details)

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INVESTMENTS IN SERVICER ADVANCES - Summary of Investments in Servicer Advances - Components of Funded Advances (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Investment [Line Items]    
Total [1] $ 4,836,754 $ 5,706,593
Servicer Advance Joint Venture [Member] | Servicer Advances [Member]    
Investment [Line Items]    
Principal and interest advances 1,157,755 1,489,929
Escrow advances (taxes and insurance advances) 2,016,672 2,613,050
Foreclosure advances 1,296,213 1,514,780
Total $ 4,470,640 $ 5,617,759
[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.