Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN SERVICER ADVANCES - Components of Funded Advances (Details)

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INVESTMENTS IN SERVICER ADVANCES - Components of Funded Advances (Details) (Servicer Advance Joint Venture, Servicer Advances, USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Servicer Advance Joint Venture | Servicer Advances
   
Investment [Line Items]    
Principal and interest advances $ 1,282,504 $ 1,516,715
Escrow advances (taxes and insurance advances) 1,597,466 934,525
Foreclosure advances 671,494 209,890
Match funded advances $ 3,551,464 $ 2,661,130