Annual report pursuant to Section 13 and 15(d)

SERVICER ADVANCE INVESTMENTS - Summary of Investments in Servicer Advances (Details)

v3.19.3.a.u2
SERVICER ADVANCE INVESTMENTS - Summary of Investments in Servicer Advances (Details) - Corporate Joint Venture - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Investments in and Advances to Affiliates [Line Items]    
Amortized Cost Basis $ 557,444 $ 721,801
Carrying Value $ 581,777 $ 735,846
Weighted Average Discount Rate 5.30% 5.90%
Weighted Average Yield 5.70% 5.80%
Weighted Average Life (Years) 6 years 3 months 18 days 5 years 8 months 12 days
Change in Fair Value Recorded in Other Income for Year then Ended $ 10,288 $ (89,332)