Quarterly report pursuant to Section 13 or 15(d)

SERVICER ADVANCE INVESTMENTS - Summary of Investments in Servicer Advances - Components of Funded Advances (Details)

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SERVICER ADVANCE INVESTMENTS - Summary of Investments in Servicer Advances - Components of Funded Advances (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Schedule of Equity Method Investments [Line Items]    
Total [1] $ 472,004 $ 538,056
Servicer advance investments | Servicer Advances    
Schedule of Equity Method Investments [Line Items]    
Principal and interest advances 75,564 84,976
Escrow advances (taxes and insurance advances) 170,817 186,426
Foreclosure advances 161,704 177,748
Total $ 408,085 $ 449,150
[1] The Company's Consolidated Balance Sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (New Residential). As of September 30, 2021, and December 31, 2020, total assets of consolidated VIEs were $3.1 billion and $2.7 billion, respectively, and total liabilities of consolidated VIEs were $2.4 billion and $2.1 billion, respectively. See Note 13 for further details.