Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN CONSUMER LOANS - Narrative (Details)

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INVESTMENTS IN CONSUMER LOANS - Narrative (Details)
$ / shares in Units, shares in Millions, $ in Millions
1 Months Ended
Jun. 04, 2019
USD ($)
May 31, 2019
shares
Feb. 28, 2017
USD ($)
investor
$ / shares
shares
Jun. 30, 2019
WarrantCo | Consumer Portfolio Segment        
Schedule of Equity Method Investments [Line Items]        
Number of warrants to be purchased (in shares) | shares     177.7  
Value of warrants to be purchased     $ 75.0  
Exercise price (in dollars per share) | $ / shares     $ 0.01  
Consumer Loan Companies        
Schedule of Equity Method Investments [Line Items]        
New Residential’s ownership       53.50%
Refinanced asset-backed notes $ 938.7      
Proceeds in excess of the refinanced debt 7.8      
Consumer Loan Companies | New Residential and Co Investors        
Schedule of Equity Method Investments [Line Items]        
Proceeds in excess of the refinanced debt $ 13.4      
LoanCo | Consumer Portfolio Segment        
Schedule of Equity Method Investments [Line Items]        
New Residential’s ownership     25.00%  
Total purchase agreement amount     $ 5,000.0  
Term of purchase contract (in years)     2 years  
Number of co-investors | investor     3  
Recording lag (in months)     1 month  
WarrantCo | Consumer Portfolio Segment        
Schedule of Equity Method Investments [Line Items]        
New Residential’s ownership     23.57%  
Number of co-investors | investor     3  
Consumer Loan Seller | WarrantCo | Consumer Portfolio Segment        
Schedule of Equity Method Investments [Line Items]        
Number of warrants owned (in shares) | shares   177.7    
Consumer Loan Seller | New Residential and Co Investors | Consumer Portfolio Segment | Series F Convertible Preferred Stock        
Schedule of Equity Method Investments [Line Items]        
Number of securities called by warrants or rights | shares   30.0