Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN SERVICER ADVANCES (Details Narrative)

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INVESTMENTS IN SERVICER ADVANCES (Details Narrative) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Dec. 31, 2013
Mar. 31, 2014
Servicer Advance Joint Venture {Member]
Dec. 17, 2013
Servicer Advance Joint Venture {Member]
Mar. 31, 2014
Servicer Advance Joint Venture {Member]
Servicer Advances [Member]
Mar. 31, 2014
Servicer Advance Joint Venture {Member]
Noncontrolling third-party investors {Member]
Servicer advances $ 3,457,385 $ 2,665,551 $ 3,457,385 [1] $ 3,200,000 $ 3,430,473 [2]  
Notes payable issued for purchase     3,100,000      
Percentage ownership in joint venture     33.50%      
Amount committed to invest in joint venture     197,900     390,300
Amount invested in joint venture     $ 197,900     $ 390,300
Servicer base fee to be paid to Nationstar 9.20%          
[1] Carrying value represents the fair value of the investments in servicer advances, including the basic fee component of the related MSRs.
[2] The following types of advances comprise the investments in servicer advances: (See Schedule of Servicer Advances)