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SERVICER ADVANCE INVESTMENTS - Summary of Investments in Servicer Advances (Details) - Corporate Joint Venture - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Investments in and Advances to Affiliates [Line Items]    
Amortized Cost Basis $ 3,924,003,000 $ 5,687,635,000
Carrying Value $ 4,027,379,000 $ 5,706,593,000
Weighted Average Discount Rate 6.80% 5.60%
Weighted Average Yield 7.30% 5.50%
Weighted Average Life (Years) 5 years 1 month 2 days 4 years 7 months 1 day
Change in Fair Value Recorded in Other Income for Year then Ended $ 84,418,000 $ (7,768,000)
Asset-backed securities, face amount, collateralized by servicer advances   100,000,000
Asset-backed securities, carrying value, collateralized by servicer advances   $ 100,100,000