Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN CONSUMER LOANS - Schedule of Equity Method Investments (Details)

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INVESTMENTS IN CONSUMER LOANS - Schedule of Equity Method Investments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Schedule of Equity Method Investments [Line Items]    
New Residential’s equity in net income $ 0 $ 4,311
Real estate securities retained from loan securitizations 482,444 96,799
Consumer Portfolio Segment | LoanCo and WarrantCo    
Schedule of Equity Method Investments [Line Items]    
Interest income   7,977
Interest expense   (2,822)
Change in fair value of consumer loans and warrants   14,536
Gain on sale of consumer loans(B)   (446)
Other expenses   (1,456)
Net income   17,789
New Residential’s equity in net income   $ 4,311
New Residential’s ownership   24.20%
LoanCo    
Schedule of Equity Method Investments [Line Items]    
Real estate securities retained from loan securitizations 83,900  
LoanCo | Consumer Portfolio Segment    
Schedule of Equity Method Investments [Line Items]    
Bonds and residual interests retained $ 406,100