Quarterly report pursuant to Section 13 or 15(d)

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

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OTHER INCOME, GENERAL AND ADMINISTRATIVE, OTHER ASSETS AND LIABILITIES - Schedule of Other Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Other Assets    
Margin receivable, net $ 219,670 $ 145,857
Servicing fee receivables 124,695 105,563
Due from servicers 110,940 95,261
Principal and interest receivable 83,399 76,015
Equity investment 74,249 74,323
Other receivables 43,164 23,723
Goodwill 24,645 24,645
Receivable from government agency 19,011 20,795
Intangible assets 18,866 18,708
Prepaid expenses 18,786 29,165
Operating lease right-of-use asset 17,975  
Derivative assets 14,783 10,893
Ocwen common stock, at fair value 10,564 7,778
Other assets 75,595 55,682
Prepaid expense and other assets 856,342 688,408
Accrued Expenses and Other Liabilities    
MSR purchase price holdback 100,304 100,593
Accounts payable 69,929 75,591
Derivative liabilities 69,382 29,389
Interest payable 66,510 49,352
Due to servicers 64,790 95,419
Contingent Consideration 42,887 40,842
Excess spread financing, at fair value 37,787 39,304
Operating lease liability 17,975  
Reserve for sales recourse 6,641 5,880
Other liabilities 44,873 54,140
Accrued Expenses and Other Liabilities [1] $ 521,078 $ 490,510
[1] New Residential’s Condensed Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, Advance Purchaser LLC (the “Buyer”) (Note 6), the RPL Borrowers (defined in Note 8), 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, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are included in Notes 6, 8 and 9, respectively. The creditors of the Buyer, the RPL Borrowers, 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, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations.