INVESTMENTS IN EXCESS MORTGAGE SERVICING RIGHTS, EQUITY METHOD INVESTEES - Summary of Excess MSR Investments made through Equity Method Investees (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2016	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Weighted Average Life (Years)		1 year 1 month 1 day
Excess MSRs Investees [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance		$ 66,748,310
New Residential Interest in Investees		50.00%	50.00012%
Amortized Cost Basis	[1]	$ 289,530
Carrying Value	[2]	$ 382,253
Weighted Average Life (Years)	[3]	6 years 5 months 24 days
Excess MSRs Investees [Member] | MSRs [Member]
Schedule of Equity Method Investments [Line Items]
New Residential Interest in Investees		50.00%
Excess MSRs Investees [Member] | Agency [Member] | Original and Recaptured Pools [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance		$ 66,748,310
Investee Interest in Excess MSR	[4]	66.70%
New Residential Interest in Investees		50.00%
Amortized Cost Basis	[1]	$ 252,082
Carrying Value	[2]	$ 315,553
Weighted Average Life (Years)	[3]	5 years 8 months 26 days
Excess MSRs Investees [Member] | Agency [Member] | Recapture Agreements [Member]
Schedule of Equity Method Investments [Line Items]
Unpaid Principal Balance		$ 0
Investee Interest in Excess MSR	[4]	66.70%
New Residential Interest in Investees		50.00%
Amortized Cost Basis	[1]	$ 37,448
Carrying Value	[2]	$ 66,700
Weighted Average Life (Years)	[3]	11 years 5 months 26 days

[1] Represents the amortized cost basis of the equity method investees in which New Residential holds a 50% interest. The amortized cost basis of the recapture agreements is determined based on the relative fair values of the recapture agreements and related Excess MSRs at the time they were acquired.

[2] Represents the carrying value of the Excess MSRs held in equity method investees, in which New Residential holds a 50% interest. Carrying value represents the fair value of the pools or recapture agreements, as applicable.

[3] The weighted average life represents the weighted average expected timing of the receipt of cash flows of each investment.

[4] The remaining interests are held by Nationstar.