Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Schedule of Servicing Fee Revenue (Details)

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INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Schedule of Servicing Fee Revenue (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Servicing Asset at Amortized Cost [Line Items]    
Less: subservicing expense $ (66,981) $ (40,926)
Change in valuation inputs and assumptions (501,870)  
Servicing revenue, net (289,115) 165,853
Change in fair value of investments in mortgage servicing rights financing receivables (104,111) (36,379)
MSRs    
Servicing Asset at Amortized Cost [Line Items]    
Servicing fee revenue 328,122 183,026
Ancillary and other fees 32,138 39,737
Servicing fee revenue and fees 360,260 222,763
Amortization of servicing rights (191,367) (72,675)
Change in valuation inputs and assumptions (463,711) 15,765
(Gain)/loss on sales 5,703 0
Change in valuation inputs and assumptions (468,260)  
Servicing revenue, net (289,115) 165,853
MSRs | Excess Spread Financing    
Servicing Asset at Amortized Cost [Line Items]    
Change in valuation inputs and assumptions 4,500 400
MSRs | New Residential Mortgage LLC | Mortgage Servicing Rights Financing Receivable    
Servicing Asset at Amortized Cost [Line Items]    
Servicing fee revenue 113,582 126,244
Ancillary and other fees 26,000 31,324
Less: subservicing expense (41,903) (55,662)
Servicing fee revenue and fees 97,679 101,906
Amortization of servicing rights (68,752) (42,876)
Change in valuation inputs and assumptions (33,610) 6,938
Change in fair value of investments in mortgage servicing rights financing receivables $ (104,111) $ (36,379)