Annual report pursuant to Section 13 and 15(d)

INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS - Summary of Financial Results of Excess MSR Joint Ventures (Details)

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INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS - Summary of Financial Results of Excess MSR Joint Ventures (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Schedule of MSRs [Line Items]      
New Residential’s investment $ 0 $ 38,294  
Excess MSRs Investees      
Schedule of MSRs [Line Items]      
Excess MSR assets 226,843 269,203  
Other assets 25,035 27,411  
Other liabilities (687) (687)  
Equity 251,191 295,927  
New Residential’s investment $ 125,596 $ 147,964  
New Residential’s ownership 50.00% 50.00%  
Interest income $ 23,872 $ 26,363 $ 27,450
Other income (loss) (10,208) (9,649) (2,149)
Expenses (64) 0 (68)
Net income $ 13,600 $ 16,714 $ 25,233