Annual report pursuant to Section 13 and 15(d)

MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Rollforward of Carrying Value of Investments In MSRs (Details)

v3.20.4
MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Rollforward of Carrying Value of Investments In MSRs (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Mortgage Servicing Rights [Roll Forward]      
Beginning balance $ 5,686,233 $ 4,528,604  
Purchases, net 431,608 1,331,326  
Transfers 0 0  
Other transfers   (410)  
Originations 666,414 374,450  
Proceeds from sales (15,341) (24,528)  
Realization of cash flows (1,592,281) (740,843)  
Change in valuation inputs and assumptions (591,439) (166,436)  
(Gain) loss realized 647 (3,100)  
Ending balance 4,585,841 5,686,233 $ 4,528,604
Ditech Acquisition      
Mortgage Servicing Rights [Roll Forward]      
Ditech Acquisition   387,170  
MSRs      
Mortgage Servicing Rights [Roll Forward]      
Beginning balance 3,967,960 2,884,100  
Purchases, net 449,875 678,424  
Transfers 320,613 367,121  
Other transfers   (410)  
Originations 666,414 374,450  
Proceeds from sales (11,282) (1,539)  
Realization of cash flows (1,369,607) (537,111)  
Change in valuation inputs and assumptions (536,694) (187,530)  
(Gain) loss realized 2,396 3,285  
Ending balance 3,489,675 3,967,960 2,884,100
MSRs | Ditech Acquisition      
Mortgage Servicing Rights [Roll Forward]      
Ditech Acquisition   387,170  
Mortgage Servicing Rights Financing Receivable      
Mortgage Servicing Rights [Roll Forward]      
Beginning balance 5,686,233    
Ending balance 4,585,841 5,686,233  
New Residential Mortgage LLC | Mortgage Servicing Rights Financing Receivable      
Mortgage Servicing Rights [Roll Forward]      
Beginning balance 1,718,273 1,644,504  
Purchases, net   652,902  
Purchases, net (18,267)    
Transfers (320,613) (367,121)  
Other transfers   0  
Originations 0 0  
Proceeds from sales (4,059) (22,989)  
Realization of cash flows (222,674) (203,732)  
Change in valuation inputs and assumptions (54,745) 21,094 230,036
(Gain) loss realized (1,749) (6,385) (783)
Ending balance $ 1,096,166 1,718,273 $ 1,644,504
New Residential Mortgage LLC | Mortgage Servicing Rights Financing Receivable | Ditech Acquisition      
Mortgage Servicing Rights [Roll Forward]      
Ditech Acquisition   $ 0