Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Narrative (Details)

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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Narrative (Details) (USD $)
6 Months Ended 6 Months Ended 0 Months Ended 0 Months Ended 6 Months Ended 6 Months Ended 0 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Jun. 30, 2014
Reverse Mortgage Loans
Feb. 27, 2013
Reverse Mortgage Loans
Dec. 31, 2012
Reverse Mortgage Loans
May 28, 2014
Non-Performing Loans Held-For-Investment
May 27, 2014
Non-Performing Loans Held-For-Investment
Apr. 04, 2014
Non-Performing Loans Held-For-Investment
Mar. 28, 2014
Non-Performing Loans Held-For-Investment
Jan. 15, 2014
Non-Performing Loans Held-For-Investment
May 28, 2014
Non-Performing Loans Held-For-Investment
May 27, 2014
Non-Performing Loans Held-For-Investment
Apr. 04, 2014
Non-Performing Loans Held-For-Investment
Jan. 15, 2014
Non-Performing Loans Held-For-Investment
Credit Suisse
Repurchase Agreements
Mar. 28, 2014
Non-Performing Loans Held-For-Investment
Royal Bank of Scotland
Repurchase Agreements
Jun. 24, 2014
Performing and Non-Performing Loans Held-For-Investment
May 27, 2014
Performing and Non-Performing Loans Held-For-Investment
Jun. 24, 2014
Performing and Non-Performing Loans Held-For-Investment
May 27, 2014
Performing and Non-Performing Loans Held-For-Investment
Jun. 30, 2014
Performing Loans
May 27, 2014
Performing Loans
Jun. 30, 2014
Purchased Credit Impaired Loans
pools
Jun. 30, 2014
Residential Mortgage Loans(E)
May 27, 2014
Non-Agency RMBS
Investment
Mortgage Loans on Real Estate [Line Items]                                                  
Loan portfolio, amount           $ 83,100,000           $ 500,300,000 $ 48,400,000 $ 17,800,000         $ 82,300,000 $ 283,600,000          
Payments to acquire loans 733,693,000 0         373,100,000 40,100,000 15,500,000               58,900,000 288,500,000              
Payments to acquire other real estate 3,391,000 0           1,300,000                 2,100,000                
Gain (Loss) on Securitization of Financial Assets                 11,300,000                 2,600,000              
Loan count                                                 16
Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement                                           233,800,000      
Percentage of Investment co-owned by Nationstar         30.00%                                        
Residential mortgage loans, held-for-investment 517,424,000   33,539,000   35,100,000                                        
Interest in Excess MSR         70.00%                                        
Purchases of non-performing loans       0           3,800,000 33,700,000                   60,904,000        
Mortgage Loans on Real Estate, Number of Pools                                             6    
Percentage of loans that have reached a termination event       79.00%                                          
Repurchase agreements                             25,300,000 2,500,000                  
Unpaid principal balance of underlying mortgage                   7,000,000 65,600,000                            
Threshold Period Past Due for Write-off of Financing Receivable                                         30 days   30 days 30 days  
Real Estate Owned From Linked Transactions $ 25,800,000