INVESTMENTS IN CONSUMER LOANS - Schedule of Equity Method Investments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Schedule of Equity Method Investments [Line Items]
Interest income	$ 232,198	$ 416,047	$ 634,571	$ 854,914
Interest expense	(116,403)	(228,004)	(333,258)	(440,836)
Net income (loss)	44,129	(25,020)	(1,563,126)	130,892
New Residential’s equity in net income	$ 0	$ (2,654)	0	$ 1,657
New Residential’s ownership		24.20%		24.20%
Real estate securities retained from loan securitizations			$ 518,515	$ 232,050
Equity Method Investment, Nonconsolidated Investee, Other
Schedule of Equity Method Investments [Line Items]
Interest income		$ 11,390		19,367
Interest expense		(3,665)		(6,487)
Change in fair value of consumer loans and warrants		(15,993)		(1,457)
Gain on sale of consumer loans		(1,222)		(1,668)
Other expenses		(1,462)		(2,918)
Net income (loss)		(10,952)		6,837
New Residential’s equity in net income		$ (2,654)		$ 1,657