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INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MORTGAGE SERVICING RIGHTS FINANCING RECEIVABLES - Narrative (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Nov. 08, 2018
Aug. 31, 2018
Jun. 28, 2018
Jun. 04, 2018
Jun. 01, 2018
May 31, 2018
May 25, 2018
May 01, 2018
Mar. 28, 2018
Feb. 28, 2018
Jan. 18, 2018
Nov. 29, 2017
Jul. 23, 2017
Jun. 30, 2018
Dec. 31, 2018
Jan. 01, 2018
Dec. 31, 2017
Dec. 31, 2016
Schedule of MSRs [Line Items]                                    
UPB of Underlying Mortgages                             $ 103,000,000      
Payments to acquire mortgage servicing rights (MSR) $ 1,500 $ 220,500 $ 66,500 $ 19,300 $ 6,100 $ 79,900 $ 26,300 $ 36,200 $ 96,600 $ 33,500         1,186,000      
Residential mortgage loans subject to repurchase                             121,602   $ 0 $ 0
Initial contract term (in years)                         5 years          
Contract extension term with thirty day notice (in months)                         3 months          
Ocwen                                    
Schedule of MSRs [Line Items]                                    
UPB of Underlying Mortgages                               $ 86,800,000    
Payments to acquire finance receivables                     $ 279,600              
MSRs                                    
Schedule of MSRs [Line Items]                                    
UPB of Underlying Mortgages $ 100,000 $ 18,500,000 $ 4,700,000 $ 2,100,000 $ 500,000 $ 6,100,000 $ 2,100,000 $ 4,600,000 $ 8,100,000 $ 3,300,000                
Mortgage Loans Subserviced                                    
Schedule of MSRs [Line Items]                                    
UPB of Underlying Mortgages                             47,300,000      
Subservicing revenue                             $ 61,300      
Nationstar                                    
Schedule of MSRs [Line Items]                                    
Subservicer percent of UPB                             24.40%      
Ocwen                                    
Schedule of MSRs [Line Items]                                    
Subservicer percent of UPB                             22.70%      
Ocwen | New Residential Mortgage LLC | MSRs                                    
Schedule of MSRs [Line Items]                                    
Payments to acquire mortgage servicing rights (MSR)                             $ 334,200      
Unpaid Principal Balance of underlying loans transferred                             $ 36,100,000      
Ditech Financial LLC                                    
Schedule of MSRs [Line Items]                                    
Subservicer percent of UPB                             20.90%      
PHH Mortgage Corporation                                    
Schedule of MSRs [Line Items]                                    
Subservicer percent of UPB                             10.90%      
LoanCare                                    
Schedule of MSRs [Line Items]                                    
Subservicer percent of UPB                             1.60%      
Flagstar                                    
Schedule of MSRs [Line Items]                                    
Subservicer percent of UPB                             0.60%      
ShellPoint | New Residential Mortgage LLC | MSRs                                    
Schedule of MSRs [Line Items]                                    
UPB of Underlying Mortgages                       $ 7,800,000            
Payments to acquire mortgage servicing rights (MSR)                       $ 81,000            
New Penn | MSRs                                    
Schedule of MSRs [Line Items]                                    
UPB of Underlying Mortgages                           $ 11,400,000        
Payments to acquire mortgage servicing rights (MSR)                           $ 139,100        
New Penn | New Residential Mortgage LLC | MSRs                                    
Schedule of MSRs [Line Items]                                    
Unpaid Principal Balance of underlying loans transferred                             $ 20,600,000