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 9 Months Ended
Jun. 04, 2019
USD ($)
Feb. 28, 2017
USD ($)
investor
$ / shares
shares
Sep. 30, 2019
Aug. 31, 2019
shares
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]        
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]        
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       147.7
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
Consumer Loan Companies        
Schedule of Equity Method Investments [Line Items]        
Ownership interest     53.50%  
WarrantCo | Consumer Portfolio Segment        
Schedule of Equity Method Investments [Line Items]        
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners   23.57%