Quarterly report pursuant to Section 13 or 15(d)

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

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INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Schedule of Servicing Fee Revenue (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Servicing Asset at Amortized Cost [Line Items]        
Less: subservicing expense $ (52,875) $ (43,148) $ (147,763) $ (135,703)
Change in valuation inputs and assumptions     (278,321)  
Servicing revenue, net 53,050 175,355 133,366 538,784
Change in fair value of investments in mortgage servicing rights financing receivables (41,410) (88,345) (133,200) 63,628
MSRs        
Servicing Asset at Amortized Cost [Line Items]        
Servicing fee revenue 222,966 158,458 602,241 408,967
Ancillary and other fees 58,489 43,638 151,039 94,699
Servicing fee revenue and fees 281,455 202,096 753,280 503,666
Amortization of servicing rights (168,776) (70,933) (346,772) (191,499)
Change in valuation inputs and assumptions (61,858) 44,192 (275,371) 226,617
(Gain)/loss on sales 2,229 0 2,229 0
Change in valuation inputs and assumptions     (279,758)  
Servicing revenue, net 53,050 175,355 133,366 538,784
MSRs | Excess Spread Financing        
Servicing Asset at Amortized Cost [Line Items]        
Change in valuation inputs and assumptions (3,600)   (4,400)  
MSRs | New Residential Mortgage LLC | Mortgage Servicing Rights Financing Receivable        
Servicing Asset at Amortized Cost [Line Items]        
Servicing fee revenue 128,936 181,495 385,306 575,909
Ancillary and other fees 21,417 39,257 82,695 109,852
Less: subservicing expense (40,410) (61,454) (145,649) (192,275)
Servicing fee revenue and fees 109,943 159,298 322,352 493,486
Amortization of servicing rights (48,340) (49,016) (131,417) (154,559)
Change in valuation inputs and assumptions 9,349 (39,329) 1,437 218,187
Change in fair value of investments in mortgage servicing rights financing receivables $ (41,410) $ (88,345) $ (133,200) $ 63,628