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FAIR VALUE OF FINANCIAL INSTRUMENTS - INPUTS EXCESS MSRs (Details 1)
1 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2013
Dec. 31, 2012
MSRs Pool 1
     
Held Directly (Note 3):      
Prepayment speed 20.00% [1] 14.40% [2] 17.10% [1]
Delinquency 10.00% [1] 10.00% [3] 10.00% [1]
Recapture rate 35.00% [1] 35.00% [4] 35.00% [1]
Excess mortgage servicing amount 0.29% [1] 0.28% [5] 0.29% [1]
Discount rate 20.00% 12.50% 18.00%
MSR Pool 1 Recapture Agreement
     
Held Directly (Note 3):      
Prepayment speed 8.00% [1] 8.00% [2] 8.00% [1]
Delinquency 10.00% [1] 10.00% [3] 10.00% [1]
Recapture rate 35.00% [1] 35.00% [4] 35.00% [1]
Excess mortgage servicing amount 0.21% [1] 0.21% [5] 0.21% [1]
Discount rate 20.00% 12.50% 18.00%
MSRs Pool 2
     
Held Directly (Note 3):      
Prepayment speed   1.47% [2] 16.70% [1]
Delinquency   10.30% [3] 11.00% [1]
Recapture rate   35.00% [4] 35.00% [1]
Excess mortgage servicing amount   0.23% [5] 0.23% [1]
Discount rate   12.50% 17.30%
MSR Pool 2 Recapture Agreement
     
Held Directly (Note 3):      
Prepayment speed   8.00% [2] 8.00% [1]
Delinquency   5.00% [3] 10.00% [1]
Recapture rate   35.00% [4] 35.00% [1]
Excess mortgage servicing amount   0.21% [5] 0.21% [1]
Discount rate   12.50% 17.30%
MSRs Pool 3
     
Held Directly (Note 3):      
Prepayment speed   15.20% [2] 16.90% [1]
Delinquency   11.90% [3] 12.10% [1]
Recapture rate   35.00% [4] 35.00% [1]
Excess mortgage servicing amount   0.24% [5] 0.23% [1]
Discount rate   12.50% 17.60%
MSR Pool 3 Recapture Agreement
     
Held Directly (Note 3):      
Prepayment speed   8.00% [2] 8.00% [1]
Delinquency   10.00% [3] 10.00% [1]
Recapture rate   35.00% [4] 35.00% [1]
Excess mortgage servicing amount   0.21% [5] 0.21% [1]
Discount rate   12.50% 17.60%
MSRs Pool 4
     
Held Directly (Note 3):      
Prepayment speed   15.40% [2] 18.60% [1]
Delinquency   14.90% [3] 15.90% [1]
Recapture rate   35.00% [4] 35.00% [1]
Excess mortgage servicing amount   0.17% [5] 0.17% [1]
Discount rate   12.50% 17.90%
MSR Pool 4 Recapture Agreement
     
Held Directly (Note 3):      
Prepayment speed   8.00% [2] 8.00% [1]
Delinquency   10.00% [3] 10.00% [1]
Recapture rate   35.00% [4] 35.00% [1]
Excess mortgage servicing amount   0.21% [5] 0.21% [1]
Discount rate   12.50% 17.90%
MSRs Pool 5
     
Held Directly (Note 3):      
Prepayment speed   12.30% [2] 15.00% [1]
Delinquency   0.00% [3],[6]    [1]
Recapture rate   14.00% [4] 20.00% [1]
Excess mortgage servicing amount   0.13% [5] 0.13% [1]
Discount rate   12.70% 17.50%
MSR Pool 5 Recapture Agreement
     
Held Directly (Note 3):      
Prepayment speed   8.00% [2] 8.00% [1]
Delinquency   0.00% [3],[6]    [1]
Recapture rate   15.00% [4] 20.00% [1]
Excess mortgage servicing amount   0.21% [5] 0.21% [1]
Discount rate   12.70% 17.50%
MSR Pool 11 Recapture Agreement
     
Held Directly (Note 3):      
Prepayment speed   9.30% [2]  
Delinquency   2.30% [3]  
Recapture rate   32.00% [4]  
Excess mortgage servicing amount   0.19% [5]  
Discount rate   12.50%  
MSRs Pool 12
     
Held Directly (Note 3):      
Prepayment speed   15.30% [2]  
Delinquency   0.00% [3],[6]  
Recapture rate   16.70% [4]  
Excess mortgage servicing amount   0.26% [5]  
Discount rate   16.40%  
MSR Pool 12 Recapture Agreement
     
Held Directly (Note 3):      
Prepayment speed   7.00% [2]  
Delinquency   0.00% [3],[6]  
Recapture rate   35.00% [4]  
Excess mortgage servicing amount   0.19% [5]  
Discount rate   16.40%  
[1] Includes the Recapture Agreement for each respective pool.
[2] Projected annualized weighted average lifetime voluntary and involuntary prepayment rate using a prepayment vector.
[3] Projected percentage of mortgage loans in the pool that will miss their mortgage payments.
[4] Percentage of voluntarily prepaid loans that are expected to be refinanced by Nationstar.
[5] Weighted average total mortgage servicing amount in excess of the basic fee.
[6] The Excess MSR will be paid on the total UPB of the mortgage portfolio (including both performing and delinquent loans until REO).