XML 79 R65.htm IDEA: XBRL DOCUMENT v3.10.0.1
INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MORTGAGE SERVICING RIGHTS FINANCING RECEIVABLES - Rollforward of Carrying Value of Investments In MSRs (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Mortgage Servicing Rights [Roll Forward]      
Beginning balance $ 598,728    
Proceeds from sales (5,776) $ 0 $ 0
Ending balance 1,644,504 598,728  
MSRs      
Mortgage Servicing Rights [Roll Forward]      
Beginning balance 1,735,504 659,483  
Purchases 1,042,933 1,143,693  
Transfer in (out) 124,652    
Acquisitions 151,312    
Originations 35,311    
Proceeds from sales 5,776    
Amortization of servicing rights (256,915) (223,167) (15,354)
Change in valuation inputs and assumptions 68,587 155,495 103,679
Change in valuation inputs and assumptions 61,149    
(Gain)/loss on sales (2,917) 0 0
Ending balance 2,884,100 1,735,504 659,483
Mortgage Servicing Rights [Roll Forward]      
Purchases 1,042,933 1,143,693  
Amortization of servicing rights (256,915) (223,167) (15,354)
Amortization of servicing rights (258,068)    
Change in valuation inputs and assumptions 68,587 155,495 103,679
Mortgage Servicing Rights Financing Receivable | MSRs      
Mortgage Servicing Rights [Roll Forward]      
Beginning balance 598,728    
Ending balance 1,644,504 598,728  
Mortgage Servicing Rights Financing Receivable | New Residential Mortgage LLC | MSRs      
Mortgage Servicing Rights [Roll Forward]      
Purchases 128,357 467,884  
Transfer in (out) (124,652)    
Amortization of servicing rights (197,703) (43,190)  
Change in valuation inputs and assumptions (230,036) (109,584)  
(Gain)/loss on sales (783) 0  
Mortgage Servicing Rights [Roll Forward]      
Beginning balance 598,728 0  
Purchases 128,357 467,884  
Ocwen Transaction 1,017,993 64,450  
Proceeds from sales (7,472)    
Amortization of servicing rights (197,703) (43,190)  
Change in valuation inputs and assumptions (230,036) (109,584)  
Ending balance 1,644,504 $ 598,728 $ 0
New Penn | MSRs      
Mortgage Servicing Rights [Roll Forward]      
Acquisitions $ 48,300