Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MORTGAGE SERVICING RIGHTS FINANCING RECEIVABLES - Schedule of Servicing Fee Revenue (Details)

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INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MORTGAGE SERVICING RIGHTS FINANCING RECEIVABLES - Schedule of Servicing Fee Revenue (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Servicing Asset at Amortized Cost [Line Items]        
Less: subservicing expense $ (53,962) $ (45,958) $ (94,888) $ (92,555)
Servicing revenue, net of change in fair value of $(334,599), $(12,807), $(391,509), and $61,859, respectively (85,537) 146,193 80,316 363,429
Change in fair value of investments in mortgage servicing rights financing receivables (55,411) (119,103) (91,790) 151,973
MSRs        
Servicing Asset at Amortized Cost [Line Items]        
Servicing fee revenue 196,249 131,286 379,275 250,509
Ancillary and other fees 52,813 27,714 92,550 51,061
Servicing fee revenue and fees 249,062 159,000 471,825 301,570
Amortization of servicing rights (105,321) (65,439) (177,996) (120,566)
Change in valuation inputs and assumptions (229,278) 52,632 (213,513) 182,425
Servicing revenue, net of change in fair value of $(334,599), $(12,807), $(391,509), and $61,859, respectively (85,537) 146,193 80,316 363,429
MSRs | Excess Spread Financing        
Servicing Asset at Amortized Cost [Line Items]        
Change in valuation inputs and assumptions     (8,000)  
New Residential Mortgage LLC | MSRs | Mortgage Servicing Rights Financing Receivable        
Servicing Asset at Amortized Cost [Line Items]        
Servicing fee revenue 130,126 192,462 256,370 394,414
Ancillary and other fees 29,954 40,360 61,278 70,595
Less: subservicing expense (49,577) (65,115) (105,239) (130,821)
Servicing fee revenue and fees 110,503 167,707 212,409 334,188
Amortization of servicing rights (40,201) (56,840) (83,077) (105,543)
Change in valuation inputs and assumptions (14,850) (62,263) (7,912) 257,516
(Gain)/loss on sales (360) 0 (801) 0
Change in fair value of investments in mortgage servicing rights financing receivables $ (55,411) $ (119,103) $ (91,790) $ 151,973