INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Summary of Activities Related to the Carrying Value of Loans Held-for-sale (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Loans Held-for-sale, Reconciliation [Roll Forward]
Transfers of loans from held-for-investment		$ 0	$ 846,904	$ 0
Transfer of loans to real estate owned		(35,322)
ASU 2014-11 [Member]
Loans Held-for-sale, Reconciliation [Roll Forward]
Adoption of ASU No. 2014-11		146,741	0
Loans Held-for-sale [Member]
Loans Held-for-sale, Reconciliation [Roll Forward]
Beginning balance, loans held-for-sale		1,126,439	0
Purchases	[1]	1,695,124	1,577,933
Sales		(1,871,054)	(1,289,687)
Transfers of loans from linked transactions	[2]		4,595
Transfers of loans from held-for-investment	[3]		841,734
Transfer of loans to other assets		(41,752)
Transfer of loans to real estate owned		(34,139)
Proceeds from repayments		(85,698)	(2,413)
Valuation provision on loans	[4]	(14,070)	(5,723)
Ending balance, loans held-for-sale		776,681	$ 1,126,439	$ 0
Loans Held-for-sale [Member] | ASU 2014-11 [Member]
Loans Held-for-sale, Reconciliation [Roll Forward]
Adoption of ASU No. 2014-11	[5]	$ 1,831

[1] Represents loans acquired with the intent to sell, including loans acquired in the HLSS Acquisition (Note 1).

[2] Represents loans previously financed with the selling counterparty and previously accounted for as linked transactions that New Residential decided to sell.

[3] Represents loans not acquired with the intent to sell that New Residential decided to sell.

[4] Represents the fair value adjustments to loans upon transfer to held-for-sale and provision recorded on certain purchased held-for-sale loans, including $10.5 million of provision related to the call transaction executed on December 23, 2015.

[5] Represents loans financed with the selling counterparty that were previously accounted for as linked transactions (Note 10).