Quarterly report pursuant to Section 13 or 15(d)

OTHER INCOME, ASSETS AND LIABILITIES - Schedule of Other Assets and Liabilities (Details)

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OTHER INCOME, ASSETS AND LIABILITIES - Schedule of Other Assets and Liabilities (Details) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Other Assets    
Margin receivable, net $ 163,357 $ 53,150
Other receivables 23,023 10,635
Principal and interest receivable 66,283 48,373
Receivable from government agency 20,158 41,429
Call rights 290 327
Derivative assets 27,212 2,423
Servicing fee receivables 76,815 60,520
Ginnie Mae EBO servicer advances receivable, net 934 8,916
Due from servicers 74,539 38,601
Goodwill 48,921 0
Intangible assets 4,308 0
Ocwen common stock, at fair value 23,876 19,259
Prepaid expenses 13,976 7,308
Other assets 85,539 21,240
Prepaid expense and other assets 629,231 312,181
Accrued Expenses and Other Liabilities    
Interest payable 38,284 28,821
Accounts payable 109,852 73,017
Derivative liabilities 2,294 697
Due to servicers 73,524 24,571
MSR purchase price holdback 109,982 101,290
Excess spread financing, at fair value 44,374 0
Contingent Consideration 42,770 0
Reserve for sales recourse 6,214 0
Other liabilities 34,867 10,718
Accrued Expenses and Other Liabilities [1] $ 462,161 $ 239,114
[1] New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, Advance Purchaser LLC (the “Buyer”) (Note 6), Shellpoint Asset Funding Trust 2013-1 (“SAFT 2013-1”) and the Shelter retail mortgage origination joint ventures (“Shelter JVs”) (Note 8) and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advance Investments, residential mortgage loans and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are included in Notes 6, 8 and 9, respectively. The creditors of the Buyer, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.