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 9 Months Ended 0 Months Ended 9 Months Ended 0 Months Ended 9 Months Ended 0 Months Ended 3 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended
Sep. 18, 2014
Jul. 08, 2014
Jun. 17, 2014
Jan. 31, 2014
Dec. 17, 2013
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Jul. 08, 2014
May 13, 2014
May 12, 2014
Jan. 17, 2014
Oct. 28, 2014
Subsequent Event
Jul. 31, 2014
Subsequent Event
Jul. 08, 2014
Subsequent Event
May 30, 2014
Agency RMBS
Sep. 30, 2014
Agency RMBS
May 30, 2014
Agency RMBS
Jul. 01, 2014
Agency RMBS
Subsequent Event
Jul. 01, 2014
Agency RMBS
Subsequent Event
Sep. 30, 2014
Non-Agency RMBS
Aug. 25, 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
Sep. 30, 2014
Servicer Advance Joint Venture
Jul. 27, 2014
Servicer Advance Joint Venture
Subsequent Event
Sep. 30, 2014
Agency RMBS Repurchase Agreements
Repurchase Agreements
Jul. 31, 2014
Agency RMBS Repurchase Agreements
Repurchase Agreements
Subsequent Event
Sep. 30, 2014
Non-agency RMBS Repurchase Agreements
Repurchase Agreements
Jul. 31, 2014
Non-agency RMBS Repurchase Agreements
Repurchase Agreements
Subsequent Event
Jul. 08, 2014
Fortress-Managed Funds [Member]
Jul. 08, 2014
Nationstar [Member]
Jul. 27, 2014
Nationstar [Member]
Servicer Advance Joint Venture
Subsequent Event
Oct. 10, 2014
Performing Loans
Subsequent Event
Oct. 09, 2014
Performing Loans
Subsequent Event
Oct. 03, 2014
Performing Loans
Subsequent Event
Oct. 10, 2014
Performing Loans
Subsequent Event
Oct. 09, 2014
Performing Loans
Subsequent Event
Oct. 03, 2014
Performing Loans
Subsequent Event
Oct. 20, 2014
London Interbank Offered Rate (LIBOR)
Apr. 01, 2014
Consumer Loan Investees
Sep. 30, 2014
Consumer Loan Investees
Apr. 01, 2014
Consumer Loan Investees
Dec. 31, 2013
Consumer Loan Investees
Sep. 30, 2013
Consumer Loan Investees
Oct. 03, 2014
Consumer Loan Investees
Class A and B Asset Backed Notes
Subsequent Event
Oct. 03, 2014
Consumer Loan Investees
Class A and B Asset Backed Notes
Subsequent Event
Subsequent Event [Line Items]                                                                                                        
Repayments of Debt                                                                                 $ 423,200,000                      
Payments to Acquire Equity Method Investments   5,700,000                                 5,900,000,000                                                     250,000,000            
Percentage of Investment owned by New Residential                                                           45.00%                                 30.00% 30.00% 30.00% 30.00%    
Unpaid principal balance of underlying loans           99,041,165,000         99,041,165,000   2,100,000,000 700,000,000 12,800,000,000 8,100,000,000                                                               4,200,000,000        
Percentage of Investment owned by counterparty                                                                       32.50% 35.00%                              
Purchase of servicer advance investments                     5,569,238,000 0                                     262,500,000                                          
Principal repayments from servicing advance investments                     5,188,295,000 0                                     320,400,000                                          
Notes payable issued for purchase                                                           2,800,000,000 34,400,000                                          
Increase in restricted cash                     (3,376,000) 0                                     900,000                                          
Nationstar payment made for targeted return shortfall                                                                           4,900,000                            
Face amount of securities purchased                                         1,300,000,000       1,500,000,000   625,000,000   980,500,000                                              
Purchase of real estate securities                     1,229,580,000 292,980,000                               297,700,000                                                
Face amount of securities sold                                         746,900,000     7,700,000 1,900,000,000 15,400,000                                                    
Amortized cost basis of securities sold                                           558,800,000   6,800,000                                                        
Proceeds from sale of real estate securities                                         796,400,000   6,800,000   1,300,000,000                                                      
Gain on sale of real estate securities                                       39,700,000                                                                
Repayments of Short-term Debt                     2,839,051,000 1,283,567,000                                         200,600,000   95,400,000                                  
Debt Instrument, Face Amount of Instrument with Extended Maturity Date                                                                 1,500,000,000   208,900,000                                  
Proceeds from Sale of Real Estate                                 23,700,000                                                                      
Debt Instrument, Face Amount           5,585,600,000         5,585,600,000                                         1,510,765,000 [1]   214,972,000 [2]                                   1,500,000,000
Asset-Backed Securities, at Carrying Value                                                                                                       2,600,000,000
Proceeds from Asset Backed Securities                                                                                                     337,800,000  
Loan Investment, Carrying Value                                                                                                       0
Gain (Loss) on Sales of Mortgage Backed Securities (MBS)                                                                                                     73,800,000  
Debt Instrument, Repurchased Face Amount                                                                                                       125,000,000
Dividend declared per share $ 0.35   $ 0.35 $ 0.50 $ 0.35 $ 0.35       $ 0.35 $ 1.20 $ 0.49           $ 0.50                                                                    
Dividends           49,500,000 70,600,000 44,300,000 63,300,000   164,349,000                                                                                  
Borrowings under notes payable                     5,377,633,000 0                                                                                
Special cash dividend     $ 0.15   $ 0.15                                                                                              
Loan portfolio, amount                                                                                   254,900,000 386,800,000 463,600,000                
Payments to acquire loans                     1,357,268,000 0                                                     188,800,000 357,900,000 493,400,000                      
Variable Interest Rate Spread                                                                                         2.875%              
Debt Instrument, Interest Rate, Increase (Decrease)                                                                                         3.25%              
Gain (Loss) on Securitization of Financial Assets                                                                                 $ 1,200,000                      
[1] The counterparties of these repurchase agreements are Mizuho ($288.1 million), Morgan Stanley ($78.0 million), Barclays ($644.7 million), Daiwa ($146.5 million) and Jefferies ($353.5 million) and were subject to customary margin call provisions.
[2] The counterparties of these repurchase agreements are Barclays ($8.2 million), Credit Suisse ($49.6 million), Royal Bank of Scotland ($102.3 million), Royal Bank of Canada ($11.7 million), Bank of America ($1.9 million), Goldman Sachs ($27.2 million) and UBS ($14.0 million) and were subject to customary margin call provisions. All of the Non-Agency repurchase agreements have LIBOR-based floating interest rates.