INVESTMENTS IN MORTGAGE SERVICING RIGHTS AND MORTGAGE SERVICING RIGHTS FINANCING RECEIVABLES - Schedule of Advances Included in Servicing Advances Receivable (Details) - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Schedule of Investments in Mortgage Servicing Rights [Line Items]
Servicer Advances	[1]	$ 735,846	$ 4,027,379
Servicer Advances Receivable
Schedule of Investments in Mortgage Servicing Rights [Line Items]
Principal and interest advances		793,790	172,467
Escrow advances (taxes and insurance advances)		2,186,831	482,884
Foreclosure advances		199,203	16,017
Servicer Advances		3,179,824	671,368
Servicer advances receivable related to Agency MSRs		231,200	167,900
Servicer advances receivable related to Ginnie Mae MSRs		41,600	0
Unamortized discount and accrual		$ 98,000	$ 4,200

[1] New Residential’s Consolidated Balance Sheets include the assets and liabilities of certain consolidated VIEs, Advance Purchaser LLC (the “Buyer”) (Note 6), the RPL Borrowers, Shellpoint Asset Funding Trust 2013-1 (“SAFT 2013-1”) and the Shelter retail mortgage origination joint ventures (“Shelter JVs”) (Note 8) and the Consumer Loan SPVs (Note 9), which primarily hold investments in Servicer Advance Investments, residential mortgage loans and consumer loans, respectively, financed with notes and bonds payable. The balance sheets of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are included in Notes 6, 8 and 9, respectively. The creditors of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs do not have recourse to the general credit of New Residential and the assets of the Buyer, the RPL Borrowers, SAFT 2013-1, Shelter JVs and the Consumer Loan SPVs are not directly available to satisfy New Residential’s obligations. See Note 8 regarding deconsolidation of the RPL Borrowers during 2018.