March 20, 2019

Nicola Santoro, Jr.
Chief Financial Officer
New Residential Investment Corp.
1345 Avenue of the Americas
New York, NY 10105

       Re: New Residential Investment Corp.
           Form 10-K for the year ended December 31, 2018
           Filed February 19, 2019
           File No. 001-35777

Dear Mr. Santoro:

        We have limited our review of your filing to the financial statements
and related
disclosures and have the following comment. In our comment, we may ask you to
provide us
with information so we may better understand your disclosure.

       Please respond to this comment within ten business days by providing the
requested
information or advise us as soon as possible when you will respond. If you do
not believe our
comment applies to your facts and circumstances, please tell us why in your
response.

       After reviewing your response to this comment, we may have additional
comments.

Form 10-K for the year ended December 31, 2018

Notes to Consolidated Financial Statements
5. Investments in Mortgage Servicing Rights and Mortgage Servicing Rights
Financing
Receivables
Ocwen Transaction, page 151

1.    We note your disclosure that substantially all of the risks and rewards
inherent in owning
      the MSRs had not been transferred to NRM. We further note any interests
already held by
      New Residential were reclassified from Excess MSRs, at fair value and
Servicer advance
      investments, at fair value to MSR financing receivables, at fair value
and Servicer
      advances receivable. Please tell us the authoritative accounting
literature management
      relied upon to account for this reclassification. In your response,
please address why the
      purchase agreement would impact the accounting for the assets already
held by New
      Residential.
 Nicola Santoro, Jr.
New Residential Investment Corp.
March 20, 2019
Page 2

       In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

       You may contact Jeffrey Lewis, Staff Accountant, at (202) 551-6216 or
Jennifer Monick,
Assistant Chief Accountant, at (202) 551-3295 with any questions.



                                                          Sincerely,
FirstName LastNameNicola Santoro, Jr.
                                                          Division of
Corporation Finance
Comapany NameNew Residential Investment Corp.
                                                          Office of Real Estate
and
March 20, 2019 Page 2                                     Commodities
FirstName LastName