Quarterly report pursuant to Section 13 or 15(d)

OTHER INCOME, GENERAL AND ADMINISTRATIVE, OTHER ASSETS AND LIABILITIES - Schedule of Other Assets and Liabilities (Details)

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OTHER INCOME, GENERAL AND ADMINISTRATIVE, OTHER ASSETS AND LIABILITIES - Schedule of Other Assets and Liabilities (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Other Assets      
Margin receivable, net $ 409,526 $ 145,857  
Servicing fee receivables 144,550 105,563  
Due from servicers 171,916 95,261  
Principal and interest receivable 98,067 76,015  
Equity investment 117,375 74,323  
Ditech deposit 70,000 0  
Other receivables 103,933 23,723  
Real Estate Owned 105,968 113,410  
Residential mortgage loans subject to repurchase 168,532 121,602 $ 110,181
Goodwill 41,986 24,645  
Receivable from government agency 20,505 20,795  
Intangible assets 19,346 18,708  
Prepaid expenses 33,120 29,165  
Operating lease right-of-use asset 18,773 0  
Derivative assets (Note 10) 36,712 10,893  
Ocwen common stock, at fair value 10,912 7,778  
Other assets 130,265 55,682  
Prepaid expense and other assets 1,724,519 961,714  
Accrued Expenses and Other Liabilities      
MSR purchase price holdback 102,556 100,593  
Accounts payable 89,372 75,591  
Derivative liabilities (Note 10) 1,842 29,389  
Interest payable 80,892 49,352  
Due to servicers 144,156 95,419  
Residential mortgage loans repurchase liability 168,532 121,602  
Due to affiliates 59,551 101,471  
Contingent Consideration 52,761 40,842  
Excess spread financing, at fair value 30,377 39,304  
Operating lease liability 24,532    
Reserve for sales recourse 9,173 5,880  
Other liabilities 56,547 54,140  
Accrued Expenses and Other Liabilities [1] 820,291 713,583  
Consumer Loans      
Other Assets      
Consumer loans, equity method investees (Note 9) $ 23,033 $ 38,294  
[1]
New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, Advance Purchaser LLC (the “Buyer”) (Note 6), the RPL Borrowers (defined in Note 8), Shellpoint Asset Funding Trust 2013-1 (“SAFT 2013-1”) and the Shelter retail mortgage origination joint ventures (“Shelter JVs”) (Note 8) and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advance Investments, residential mortgage loans and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are included in Notes 6, 8 and 9, respectively. The creditors of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs 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, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.