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INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MORTGAGE SERVICING RIGHTS FINANCING RECEIVABLES - Schedule of Servicing Fee Revenue (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Schedule of Investments in Mortgage Servicing Rights [Line Items]                      
Less: subservicing expense                 $ (166,081) $ (7,832) $ 0
Servicing revenue, net $ 154,882 $ 58,014 $ 170,851 $ 40,602 $ 118,169 $ 0 $ 0 $ 0 424,349 118,169 0
Change in fair value of investments in mortgage servicing rights financing receivables                 66,394 0 $ 0
MSRs                      
Schedule of Investments in Mortgage Servicing Rights [Line Items]                      
Servicing fee revenue                 412,971 29,168  
Ancillary and other fees                 79,050 676  
Servicing fee revenue and fees and Interest income, investments in mortgage servicing rights financing receivable                 492,021 29,844  
Amortization of servicing rights                 (223,167) (15,354)  
Change in valuation inputs and assumptions                 155,495 103,679  
Servicing revenue, net                 424,349 $ 118,169  
MSRs | Mortgage Servicing Rights Financing Receivable | New Residential Mortgage LLC                      
Schedule of Investments in Mortgage Servicing Rights [Line Items]                      
Servicing fee revenue                 94,945    
Ancillary and other fees                 17,313    
Less: subservicing expense                 (33,686)    
Servicing fee revenue and fees and Interest income, investments in mortgage servicing rights financing receivable                 78,572    
Amortization of servicing rights                 (43,190)    
Change in valuation inputs and assumptions                 109,584    
Change in fair value of investments in mortgage servicing rights financing receivables                 $ 66,394