Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN CONSUMER LOANS - Consumer Loan Equity Method Investments (Details)

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INVESTMENTS IN CONSUMER LOANS - Consumer Loan Equity Method Investments (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]    
Carrying Value [1] $ 1,212,917 $ 1,374,263
Weighted Average Life (Years) 1 year 3 months 21 days  
Consumer Portfolio Segment    
Schedule of Equity Method Investments [Line Items]    
UPB of Underlying Mortgages $ 12,500  
LoanCo | Consumer Portfolio Segment    
Schedule of Equity Method Investments [Line Items]    
UPB of Underlying Mortgages $ 242,082  
Interest in Consumer Loans 25.00%  
Carrying Value $ 242,082  
Weighted Average Coupon 14.60%  
Weighted Average Life (Years) 1 year 4 months 27 days  
Weighted Average Delinquency 0.60%  
[1] New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, Advance Purchaser LLC (the “Buyer”) (Note 6) and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advance Investments and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer and the Consumer Loan SPVs are included in Notes 6 and 9, respectively. The creditors of the Buyer and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations. See Note 8 regarding deconsolidation of the RPL Borrowers.