Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN SERVICER ADVANCES (Details Narrative)

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INVESTMENTS IN SERVICER ADVANCES (Details Narrative) (USD $)
3 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Dec. 17, 2013
Investment [Line Items]      
Servicer advances, at fair value $ 3,214,113,000 $ 2,665,551,000  
Servicer base fee to be paid to Nationstar 9.20%    
Servicer Advance Joint Venture
     
Investment [Line Items]      
Servicer advances, at fair value 3,214,113,000 [1] 2,665,551,000 [1] 3,200,000,000
Servicer Advances, Net of Recoveries 3,000,000,000    
Notes payable issued for purchase 2,800,000,000    
New Residential's ownership 45.00%    
Amount committed to invest in joint venture 312,700,000    
Amount invested in joint venture 197,900,000    
Servicer Advance Joint Venture | Noncontrolling third-party investors
     
Investment [Line Items]      
Amount committed to invest in joint venture 389,600,000    
Amount invested in joint venture 390,300,000    
Advance Purchaser LLC [Member]
     
Investment [Line Items]      
Equity Method Investment, Amount of Distributed Capital Recallable From Co-Investor 182,000,000    
Equity Method Investment, Amount of Distributed Capital Recallable $ 146,100,000    
[1] Carrying value represents the fair value of the investments in servicer advances, including the basic fee component of the related MSRs.