Quarterly report pursuant to Section 13 or 15(d)

RECENT ACTIVITIES (Details Narrative)

v2.4.0.8
RECENT ACTIVITIES (Details Narrative) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Oct. 31, 2013
Sep. 30, 2013
Excess Mortgage Servicing Rights Investees
Nov. 07, 2013
MSRs
Nov. 07, 2013
MSRs
Excess Mortgage Servicing Rights Investees
Nov. 07, 2013
MSRs
Excess Mortgage Servicing Rights Investees
GSE Residential Loans
Nov. 07, 2013
MSRs
Excess Mortgage Servicing Rights Investees
PLS Residential Loans
Nov. 07, 2013
MSRs Pool 10
Sep. 30, 2013
MSRs Pool 10
Excess Mortgage Servicing Rights Investees
Nov. 07, 2013
Alpine Securitization Corp.
Oct. 30, 2013
Alpine Securitization Corp.
Sep. 30, 2013
Alpine Securitization Corp.
Nov. 07, 2013
Non-Agency RMBS
Sep. 30, 2013
Non-Agency RMBS
Face amount of securities purchased                           $ 194,300 $ 661,200
Purchase of real estate securities (292,980)                          126,600  
Face amount of securities sold                           52,500 153,500
Carrying value of securities sold                           31,500  
Proceeds from sale of real estate securities 123,130                          38,100 123,100
Gain on sale of real estate securities                           6,600 11,300
Repurchase agreements                       414,200 342,900    
Default provision, percentage equity decline - 12 months                     50.00%        
Default provision, percentage equity decline - 3 months                     35.00%        
Indebtedness to tangible net worth provision ratio                     400.00%        
Variable basis for interest rate                     LIBOR        
Spread on variable basis interest rate                     1.75%        
Unpaid principal balance of underlying loans         9,600,000   13,100,000 10,500,000   59,784,115          
Percentage ownership acquired in joint venture       50.00%   33.30%       50.00%          
Percentage of Investment co-owned by Nationstar           33.30%                  
Percentage of Investment owned by New Residential           33.30%                  
Amount invested         3,400         13,900          
Amount committed to invest in joint venture           32,300   23,300   4,100          
Amount committed to invest in Excess MSRs                 700            
Unpaid principal balance of underlying mortgage                 1,300,000 10,100,000          
Amount commited to be invested in non-performing loans     106,600                        
Face amount of non-performing loans committed to buy     $ 197,300