Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Schedule of Carrying Value of Investments in MSRs and MSR Financing Receivables (Details)

v3.20.1
INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Schedule of Carrying Value of Investments in MSRs and MSR Financing Receivables (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Activity related to carrying value of investments in mortgage servicing rights [Roll Forward]    
Beginning balance $ 5,686,233  
Purchases, net 436,395  
Originations 195,896  
Prepayments (7,586)  
Proceeds from sales (12,212)  
Amortization of servicing rights (261,995)  
Change in valuation inputs and assumptions (501,870)  
(Gain)/loss on sales 3,954  
Ending balance 5,538,815  
MSRs    
Activity related to carrying value of investments in mortgage servicing rights [Roll Forward]    
Beginning balance 3,967,960  
Purchases, net 436,395  
Originations 195,896  
Prepayments (1,563)  
Proceeds from sales (8,504) $ 0
Amortization of servicing rights (193,243)  
Change in valuation inputs and assumptions (468,260)  
(Gain)/loss on sales 5,703  
Ending balance 3,934,384  
Mortgage Servicing Rights Financing Receivable    
Activity related to carrying value of investments in mortgage servicing rights [Roll Forward]    
Ending balance 1,604,431  
New Residential Mortgage LLC | Mortgage Servicing Rights Financing Receivable | MSRs    
Activity related to carrying value of investments in mortgage servicing rights [Roll Forward]    
Beginning balance 1,718,273  
Purchases, net 0  
Originations 0  
Prepayments (6,023)  
Proceeds from sales (3,708) (6,913)
Amortization of servicing rights (68,752)  
Change in valuation inputs and assumptions (33,610) 6,938
(Gain)/loss on sales (1,749) $ (441)
Ending balance $ 1,604,431