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DEBT OBLIGATIONS - Schedule of Borrowing Capacity (Details)
6 Months Ended
Jun. 30, 2016
USD ($)
Debt Instrument [Line Items]  
Face amount of debt $ 12,944,157,000
Non-Agency Bonds [Member]  
Debt Instrument [Line Items]  
Face amount of debt 196,700,000.0
Residential Mortgage Loans [Member]  
Debt Instrument [Line Items]  
Borrowing Capacity 2,090,000,000
Balance Outstanding 758,240,000
Available Financing 1,331,760,000
Excess MSRs [Member]  
Debt Instrument [Line Items]  
Borrowing Capacity 300,000,000
Balance Outstanding 101,229,000
Available Financing 198,771,000
Servicer Advances [Member]  
Debt Instrument [Line Items]  
Borrowing Capacity 7,988,292,000 [1]
Balance Outstanding 6,277,128,000 [1]
Available Financing $ 1,711,164,000 [1]
Unused borrowing capacity fee 0.40%
Debt Excess Borrowing Capacity [Member]  
Debt Instrument [Line Items]  
Borrowing Capacity $ 10,378,292,000
Balance Outstanding 7,136,597,000
Available Financing $ 3,241,695,000
[1] New Residential’s unused borrowing capacity is available if New Residential has additional eligible collateral to pledge and meets other borrowing conditions as set forth in the applicable agreements, including any applicable advance rate. New Residential pays a 0.4% fee on the unused borrowing capacity. Excludes borrowing capacity and outstanding debt for retained non-agency bonds with a current face amount of $196.7 million.