Quarterly report pursuant to Section 13 or 15(d)

RECENT ACTIVITIES (Details Narrative)

v2.4.0.8
RECENT ACTIVITIES (Details Narrative) (USD $)
0 Months Ended 3 Months Ended 6 Months Ended 0 Months Ended 6 Months Ended 0 Months Ended 0 Months Ended 6 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended 1 Months Ended
Jun. 17, 2014
Jan. 31, 2014
Dec. 17, 2013
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Jul. 31, 2014
Subsequent Event
Jul. 01, 2014
Subsequent Event
Jun. 30, 2014
Agency RMBS
Jul. 01, 2014
Agency RMBS
Subsequent Event
Jul. 01, 2014
Agency RMBS
Subsequent Event
May 30, 2014
Non-Agency RMBS
Jun. 30, 2014
Non-Agency RMBS
May 30, 2014
Non-Agency RMBS
Mar. 06, 2014
Non-Agency RMBS
Jul. 01, 2014
Non-Agency RMBS
Subsequent Event
Jul. 01, 2014
Non-Agency RMBS
Subsequent Event
Mar. 31, 2014
Servicer Advance Joint Venture
Jun. 30, 2014
Servicer Advance Joint Venture
Jul. 25, 2014
Servicer Advance Joint Venture
Subsequent Event
Jul. 27, 2014
Servicer Advance Joint Venture
Subsequent Event
Jul. 08, 2014
MSRs Pool 13
Subsequent Event
Jul. 08, 2014
MSRs Pool 13
Subsequent Event
Jul. 08, 2014
MSRs Pool 15
Subsequent Event
Jul. 08, 2014
MSRs Pool 15
Subsequent Event
Jul. 31, 2014
Agency RMBS Repurchase Agreements
Repurchase Agreements
Subsequent Event
Jul. 31, 2014
Non-agency RMBS Repurchase Agreements
Repurchase Agreements
Subsequent Event
Jul. 18, 2014
J.P. Morgan Bank
Servicer Advance Joint Venture
Subsequent Event
Jul. 31, 2014
J.P. Morgan Bank
Servicer Advance Joint Venture
Subsequent Event
Jul. 18, 2014
J.P. Morgan Bank
Servicer Advance Joint Venture
Subsequent Event
Jul. 08, 2014
Fortress-Managed Funds
MSRs Pool 13
Subsequent Event
Jul. 08, 2014
Fortress-Managed Funds
MSRs Pool 15
Subsequent Event
Jul. 27, 2014
Nationstar
Servicer Advance Joint Venture
Subsequent Event
Jul. 08, 2014
Nationstar
MSRs Pool 13
Subsequent Event
Jul. 08, 2014
Nationstar
MSRs Pool 15
Subsequent Event
Subsequent Event [Line Items]                                                                            
Payments to acquire equity method investments                                                 $ 14,200,000   $ 5,700,000                      
Percentage of Investment owned by New Residential                                           44.50%       32.50%   33.30%                    
Unpaid principal balance of underlying loans       95,166,259,000       95,166,259,000                                   5,900,000,000   2,100,000,000                    
Percentage of Investment owned by counterparty                                                                   32.50% 33.30%   35.00% 33.30%
Purchase of servicer advance investments               3,955,602,000 0                             943,500,000                            
Principal repayments from servicing advance investments               3,062,259,000 0                             1,100,000,000                            
Notes payable issued for purchase                                         3,300,000,000     130,900,000                            
Increase in restricted cash               3,989,000 0                             3,800,000                            
Nationstar payment made for targeted return shortfall                                                                       1,000,000    
Interest rate                                                                 2.45%          
Notes payable to bank                                                               531,900,000            
Face amount of securities purchased                       297,800,000   243,000,000   1,400,000,000   625,000,000   22,700,000                                    
Purchase of real estate securities               354,838,000 140,924,000       251,400,000           19,200,000                                      
Face amount of securities sold                       306,000,000   443,200,000   1,900,000,000                                            
Amortized cost basis of securities sold                           471,100,000     558,800,000                                          
Proceeds from sale of real estate securities                       324,400,000 474,400,000     1,300,000,000                                            
Gain on sale of real estate securities                         3,300,000   39,700,000                                              
TBA agreements acquired                     392,000,000                                                      
Repayments of Short-term Debt               2,274,155,000 290,747,000                                       397,800,000                  
Debt Instrument, Face Amount of Instrument with Extended Maturity Date                                                         764,200,000 87,100,000                
Debt Instrument, Increase, Change in Financing Terms                                                           1,700,000                
Dividend declared per share $ 0.175 $ 0.25 $ 0.175 $ 0.25     $ 0.07 $ 0.425 $ 0.07 $ 0.25                                                        
Dividends       70,600,000 44,300,000 63,300,000   114,865,000   70,600,000                                                        
Borrowings under notes payable               5,017,812,000 0                                           26,700,000              
Proceeds from Credit Suisse                                             $ 12,100,000                              
Special cash dividend $ 0.075   $ 0.075