Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS, EQUITY METHOD INVESTEES INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS, EQUITY METHOD INVESTEES - Roll Forward (Details)

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INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS, EQUITY METHOD INVESTEES INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS, EQUITY METHOD INVESTEES - Roll Forward (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Schedule of Equity Method Investments [Line Items]          
Excess mortgage servicing rights, equity method investees, at fair value $ 342,538   $ 342,538   $ 352,766
Change in fair value of investments in excess mortgage servicing rights, equity method investees 31,833 20,645 50,950 41,741  
Fair Value, Measurements, Recurring [Member] | Level 3
         
Schedule of Equity Method Investments [Line Items]          
Excess mortgage servicing rights, equity method investees, at fair value 342,538 [1]   342,538 [1]   352,766
Contributions to equity method investees     0    
Proceeds from Equity Method Investment, Dividends or Distributions     (34,680)    
Return of investments in excess mortgage servicing rights, equity method investees     (26,498)    
Change in fair value of investments in excess mortgage servicing rights, equity method investees     $ 50,950    
[1] The notional amount represents the total unpaid principal balance of the mortgage loans underlying the Excess MSRs. New Residential does not receive an excess mortgage servicing amount on non-performing loans in Agency portfolios.