Subsequent Events	9 Months Ended
Sep. 30, 2013
Subsequent Events [Abstract]
Subsequent Events	23. Subsequent Events The following represent events subsequent to the Company’s filing of its Annual Report on Form 10-K on March 18, 2013 that have not already been disclosed in the Notes to Consolidated Financial Statements. In April 2013, the Company announced an agreement to acquire an MSR pool of reverse loans from Wells Fargo Home Mortgage. The acquisition agreement was recently terminated due to delays in obtaining certain approvals within the timeframes provided in the sale agreement. In May 2013, the Company amended its Receivables Loan Agreement, which provides borrowings used to fund a portion of certain principal and interest, taxes and insurance and other corporate advances reimbursable from securitization trusts serviced by the Company. The borrowings are collateralized by the underlying advances. The amendment modified the definition of certain financial covenant requirements. All other terms of the agreement remained unchanged. On July 29, 2013, the Company entered into a strategic relationship with UFG Holdings, LLC, or UFG, a company controlled by an investor group led by Brian Libman, the Company’s Chief Strategy Officer, which has agreed to acquire 100% of the membership interests of Urban Financial Group, LLC, or Urban, from KCG Holdings, Inc. Pursuant to the terms of its agreement with UFG, and subject to the closing of the purchase of Urban, the Company will invest approximately $15.0 million in UFG in the form of an unsecured loan and will receive warrants entitling the Company to purchase up to 19% of the membership interests of UFG. In addition, RMS will enter into a forward flow agreement to purchase mortgage servicing rights originated by Urban. Effective with the closing of the transaction, which is expected during the fourth quarter of 2013, Mr. Libman will resign his position with the Company. On August 1, 2013, the Company amended its Servicer Advance Reimbursement Agreement, which provides for the reimbursement of up to $950.0 million of certain principal and interest and protective advances that are the responsibility of the Company under certain servicing agreements. The amendment adjusted certain early reimbursement rate calculations and has an expiration date of December 31, 2013. All other material terms of the agreement remained unchanged. On October 30, 2013, the Company entered into a series of definitive agreements to purchase certain private and GSE-backed MSRs and related servicer advances, sub-servicing rights for forward loans and the default servicing platform from Everbank Financial Corp. The transfer of servicing is subject to investor consent. The bulk of the servicing transfers and the platform acquisition are expected to take place during the first quarter of 2014. In October 2013, the Company executed a letter of intent to purchase certain GSE-backed MSRs and related servicer advances from a third party associated with loans totaling $7.1 billion in unpaid principal balance. In November 2013, the Company executed a letter of intent with York Capital Management to invest in a real estate investment trust, or REIT, that will be externally managed by a wholly-owned indirect subsidiary of the Company. In connection with the letter of intent, York and the Company are expected to invest up to $200 million and $20 million, respectively, in the REIT. The contribution and initial investment in the REIT are expected to occur by year end 2013.

23. Subsequent Events

The following represent events subsequent to the Company’s filing of its Annual Report on Form 10-K on March 18, 2013 that have not already been disclosed in the Notes to Consolidated Financial Statements.

In April 2013, the Company announced an agreement to acquire an MSR pool of reverse loans from Wells Fargo Home Mortgage. The acquisition agreement was recently terminated due to delays in obtaining certain approvals within the timeframes provided in the sale agreement.

In May 2013, the Company amended its Receivables Loan Agreement, which provides borrowings used to fund a portion of certain principal and interest, taxes and insurance and other corporate advances reimbursable from securitization trusts serviced by the Company. The borrowings are collateralized by the underlying advances. The amendment modified the definition of certain financial covenant requirements. All other terms of the agreement remained unchanged.

On July 29, 2013, the Company entered into a strategic relationship with UFG Holdings, LLC, or UFG, a company controlled by an investor group led by Brian Libman, the Company’s Chief Strategy Officer, which has agreed to acquire 100% of the membership interests of Urban Financial Group, LLC, or Urban, from KCG Holdings, Inc. Pursuant to the terms of its agreement with UFG, and subject to the closing of the purchase of Urban, the Company will invest approximately $15.0 million in UFG in the form of an unsecured loan and will receive warrants entitling the Company to purchase up to 19% of the membership interests of UFG. In addition, RMS will enter into a forward flow agreement to purchase mortgage servicing rights originated by Urban. Effective with the closing of the transaction, which is expected during the fourth quarter of 2013, Mr. Libman will resign his position with the Company.

On August 1, 2013, the Company amended its Servicer Advance Reimbursement Agreement, which provides for the reimbursement of up to $950.0 million of certain principal and interest and protective advances that are the responsibility of the Company under certain servicing agreements. The amendment adjusted certain early reimbursement rate calculations and has an expiration date of December 31, 2013. All other material terms of the agreement remained unchanged.

On October 30, 2013, the Company entered into a series of definitive agreements to purchase certain private and GSE-backed MSRs and related servicer advances, sub-servicing rights for forward loans and the default servicing platform from Everbank Financial Corp. The transfer of servicing is subject to investor consent. The bulk of the servicing transfers and the platform acquisition are expected to take place during the first quarter of 2014.

In October 2013, the Company executed a letter of intent to purchase certain GSE-backed MSRs and related servicer advances from a third party associated with loans totaling $7.1 billion in unpaid principal balance.

In November 2013, the Company executed a letter of intent with York Capital Management to invest in a real estate investment trust, or REIT, that will be externally managed by a wholly-owned indirect subsidiary of the Company. In connection with the letter of intent, York and the Company are expected to invest up to $200 million and $20 million, respectively, in the REIT. The contribution and initial investment in the REIT are expected to occur by year end 2013.