Annual report pursuant to Section 13 and 15(d)

CONSUMER LOANS - Narrative (Details)

v3.20.4
CONSUMER LOANS - Narrative (Details)
$ / shares in Units, shares in Millions
1 Months Ended
Sep. 25, 2020
USD ($)
Feb. 28, 2017
USD ($)
investor
$ / shares
shares
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Schedule of Consumer Loans [Line Items]        
Warrants, at fair value     $ 23,218,000 $ 28,042,000
WarrantCo | Consumer Portfolio Segment        
Schedule of Consumer Loans [Line Items]        
Number of warrants to be purchased (in shares) | shares   177.7    
Exercise price (in dollars per share) | $ / shares   $ 0.01    
Consumer Loan SPVs        
Schedule of Consumer Loans [Line Items]        
New Residential’s percentage ownership     53.50%  
Refinanced asset-backed notes $ 663,000,000.0      
Proceeds in excess of the refinanced debt 2,600,000      
Consumer Loan SPVs | New Residential and Co Investors        
Schedule of Consumer Loans [Line Items]        
Proceeds in excess of the refinanced debt $ 4,800,000      
LoanCo | Consumer Portfolio Segment        
Schedule of Consumer Loans [Line Items]        
New Residential’s percentage ownership   25.00%    
Purchase agreement amount   $ 5,000,000,000.0    
Terms of purchase agreement contract   2 years    
Number of co-investors | investor   3