Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS AND REAL ESTATE OWNED - Residential Mortgage Loans Outstanding by Loan Type, Excluding REO (Details)

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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS AND REAL ESTATE OWNED - Residential Mortgage Loans Outstanding by Loan Type, Excluding REO (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2020
USD ($)
loan
Dec. 31, 2019
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 628,300  
Carrying Value $ 543,270  
Weighted Average Life (Years) 1 year 2 months 12 days  
Residential Mortgage Loans, Held-for-Investment, at Fair Value    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 919,461  
Carrying Value $ 824,183 $ 925,706
Loan Count | loan 14,164  
Weighted Average Yield 8.20%  
Weighted Average Life (Years) 6 years 6 months  
Floating Rate Loans as a % of Face Amount 9.00%  
Loan to Value Ratio (LTV) 72.10%  
Weighted Average Delinquency 17.80%  
Weighted Average FICO 642  
Reverse Mortgage Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 12,333  
Carrying Value $ 6,220 5,844
Loan Count | loan 29  
Weighted Average Yield 7.90%  
Weighted Average Life (Years) 5 years  
Floating Rate Loans as a % of Face Amount 5.50%  
Loan to Value Ratio (LTV) 153.30%  
Weighted Average Delinquency 70.70%  
Interest in reverse mortgage loans 70.00%  
Unpaid principal balance $ 600  
Percentage of loans that have reached a termination event 47.00%  
Reverse Mortgage Loans | Mr. Cooper    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Interest in reverse mortgage loans 30.00%  
Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 828,323  
Carrying Value $ 753,288 857,821
Loan Count | loan 11,853  
Weighted Average Yield 6.10%  
Weighted Average Life (Years) 4 years 2 months 12 days  
Floating Rate Loans as a % of Face Amount 65.90%  
Loan to Value Ratio (LTV) 51.10%  
Weighted Average Delinquency 8.60%  
Weighted Average FICO 684  
Performing Loans | Ginnie Mae    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance $ 35,100  
Acquired Non-Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount 629,948  
Carrying Value $ 505,025 565,387
Loan Count | loan 4,822  
Weighted Average Yield 8.30%  
Weighted Average Life (Years) 3 years 2 months 12 days  
Floating Rate Loans as a % of Face Amount 10.90%  
Loan to Value Ratio (LTV) 76.60%  
Weighted Average Delinquency 73.10%  
Weighted Average FICO 581  
Acquired Non-Performing Loans | Ginnie Mae    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance $ 26,600  
Total Residential Mortgage Loans, held-for-sale    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount 1,470,604  
Carrying Value $ 1,264,533 1,429,052
Loan Count | loan 16,704  
Weighted Average Yield 7.10%  
Weighted Average Life (Years) 3 years 9 months 18 days  
Floating Rate Loans as a % of Face Amount 41.80%  
Loan to Value Ratio (LTV) 62.90%  
Weighted Average Delinquency 36.80%  
Weighted Average FICO 639  
Acquired Performing Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 2,046,090  
Carrying Value $ 1,804,443 3,024,288
Loan Count | loan 12,925  
Weighted Average Yield 5.90%  
Weighted Average Life (Years) 7 years 10 months 24 days  
Floating Rate Loans as a % of Face Amount 6.90%  
Loan to Value Ratio (LTV) 67.30%  
Weighted Average Delinquency 30.50%  
Weighted Average FICO 644  
Originated Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 1,430,577  
Carrying Value $ 1,479,530 1,589,324
Loan Count | loan 4,769  
Weighted Average Yield 3.70%  
Weighted Average Life (Years) 28 years  
Floating Rate Loans as a % of Face Amount 2.90%  
Loan to Value Ratio (LTV) 72.70%  
Weighted Average Delinquency 0.10%  
Weighted Average FICO 732  
Total Residential Mortgage Loans, held-for-sale, at fair value    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Outstanding Face Amount $ 3,476,667  
Carrying Value $ 3,283,973 $ 4,613,612
Loan Count | loan 17,694  
Weighted Average Yield 5.00%  
Weighted Average Life (Years) 16 years 2 months 12 days  
Floating Rate Loans as a % of Face Amount 5.30%  
Loan to Value Ratio (LTV) 69.50%  
Weighted Average Delinquency 18.00%  
Weighted Average FICO 680