Quarterly report pursuant to Section 13 or 15(d)

DEBT OBLIGATIONS - Schedule of Borrowing Capacity (Details)

v3.5.0.2
DEBT OBLIGATIONS - Schedule of Borrowing Capacity (Details)
9 Months Ended
Sep. 30, 2016
USD ($)
Debt Instrument [Line Items]  
Face amount of debt $ 12,782,716,000
Non-Agency Bonds [Member]  
Debt Instrument [Line Items]  
Face amount of debt 110,100,000.0
Residential Mortgage Loans [Member]  
Debt Instrument [Line Items]  
Borrowing Capacity 2,065,000,000
Balance Outstanding 641,941,000
Available Financing 1,423,059,000
Excess MSRs [Member]  
Debt Instrument [Line Items]  
Borrowing Capacity 525,000,000
Balance Outstanding 270,511,000
Available Financing 254,489,000
Servicer Advances [Member]  
Debt Instrument [Line Items]  
Borrowing Capacity 7,274,860,000 [1]
Balance Outstanding 5,907,803,000 [1]
Available Financing $ 1,367,057,000 [1]
Unused borrowing capacity fee 0.20%
Consumer Loan [Member]  
Debt Instrument [Line Items]  
Borrowing Capacity $ 125,000,000
Balance Outstanding 64,342,000
Available Financing 60,658,000
Debt Excess Borrowing Capacity [Member]  
Debt Instrument [Line Items]  
Borrowing Capacity 9,989,860,000
Balance Outstanding 6,884,597,000
Available Financing $ 3,105,263,000
[1] New Residential’s unused borrowing capacity is available if New Residential has additional eligible collateral to pledge and meets other borrowing conditions as set forth in the applicable agreements, including any applicable advance rate. New Residential pays a 0.2% fee on the unused borrowing capacity. Excludes borrowing capacity and outstanding debt for retained non-agency bonds with a current face amount of $110.1 million.