Annual report pursuant to Section 13 and 15(d)

INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS - Schedule of Activity Related to the Carrying Value of Investments in Excess MSRs (Details)

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INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS - Schedule of Activity Related to the Carrying Value of Investments in Excess MSRs (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Carrying Value of Investments in Excess MSRs    
Beginning balance $ 4,528,604 $ 2,334,232
Purchases (1,425,201) (1,171,290)
Ending balance 5,686,233 4,528,604
Excess MSRs    
Carrying Value of Investments in Excess MSRs    
Beginning balance 447,860 1,173,713
Purchases 0 0
Interest income 32,647 44,440
Other income 3,851 46,861
Proceeds from repayments (84,031) (127,793)
Proceeds from sales (10,075) (19,084)
Change in fair value (10,505) (58,656)
Ocwen Transaction (Note 6)   (611,621)
Ending balance 379,747 447,860
Excess MSRs | Mr. Cooper    
Carrying Value of Investments in Excess MSRs    
Beginning balance 445,328 532,233
Purchases 0 0
Interest income 32,587 44,386
Other income 3,851 6,444
Proceeds from repayments (83,612) (100,215)
Proceeds from sales (10,075) (19,084)
Change in fair value (10,387) (18,436)
Ocwen Transaction (Note 6)   0
Ending balance 377,692 445,328
Excess MSRs | SLS    
Carrying Value of Investments in Excess MSRs    
Beginning balance 2,532 2,913
Purchases 0 0
Interest income 60 54
Other income 0 0
Proceeds from repayments (419) (632)
Proceeds from sales 0 0
Change in fair value (118) 197
Ocwen Transaction (Note 6)   0
Ending balance 2,055 2,532
Excess MSRs | Ocwen    
Carrying Value of Investments in Excess MSRs    
Beginning balance 0 638,567
Purchases 0 0
Interest income 0 0
Other income 0 40,417
Proceeds from repayments 0 (26,946)
Proceeds from sales 0 0
Change in fair value 0 (40,417)
Ocwen Transaction (Note 6)   (611,621)
Ending balance $ 0 $ 0