Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Summary of Activities Related to the Carrying Value of Reverse Mortgage Loans and Performing Loans and PCD Loans Held-for-Investment (Details)

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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Summary of Activities Related to the Carrying Value of Reverse Mortgage Loans and Performing Loans and PCD Loans Held-for-Investment (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Accretion of loan discount and premium amortization, net $ 514,522 $ 360,467
Transfer of loans to real estate owned (62,057)  
Reverse Mortgage Loans [Member]    
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Balance, beginning 19,560  
Purchases/additional fundings 319  
Proceeds from repayments (1,352)  
Accretion of loan discount and premium amortization, net [1] 2,002  
Provision for loan losses (73)  
Transfer of loans to other assets(B) [2] (4,203)  
Sales (1,795)  
Transfer of loans to held-for-sale [3] (14,458)  
Balance, ending 0  
Performing Loans [Member]    
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Balance, beginning 19,964  
Purchases/additional fundings 0  
Proceeds from repayments (811)  
Accretion of loan discount and premium amortization, net [1] 123  
Provision for loan losses (4)  
Transfer of loans to other assets(B) [2] 0  
Sales 0  
Transfer of loans to held-for-sale [3] (19,272)  
Balance, ending 0  
PCD Loans [Member]    
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Balance, beginning 290,654  
Purchases/additional fundings 0  
Proceeds from repayments (8,897)  
Accretion of loan discount and premium amortization, net 8,295  
Transfer of loans to real estate owned (7,583)  
Sales 0  
Transfer of loans to held-for-sale (282,469)  
Balance, ending $ 0  
[1] Includes accelerated accretion of discount on loans paid in full and on loans transferred to other assets.
[2] Represents loans for which foreclosure has been completed during the nine months ended September 30, 2016 and for which New Residential has made, or intends to make, a claim with the governmental agency that has guaranteed the loans that are now recognized as claims receivable in Other Assets (Note 2).
[3] Represents loans not initially acquired with the intent to sell for which New Residential determined that it no longer has the intent to hold for the foreseeable future, or until maturity or payoff.