INVESTMENTS IN CONSUMER LOANS - Schedule of Equity Method Investments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Schedule of Equity Method Investments [Line Items]
Interest income	$ 233,848	$ 448,127	$ 868,419	$ 1,303,041
Interest expense	(130,528)	(245,902)	(463,786)	(686,738)
Net income (loss)	103,920	244,660	(1,459,206)	375,552
New Residential’s equity in net income	$ 0	$ (2,547)	$ 0	$ (890)
New Residential’s ownership		24.50%		25.00%
Equity Method Investment, Nonconsolidated Investee, Other
Schedule of Equity Method Investments [Line Items]
Interest income		$ 636		$ 20,003
Interest expense		0		(6,487)
Change in fair value of consumer loans and warrants		(2,933)		(4,390)
Gain on sale of consumer loans		(7,525)		(9,193)
Other expenses		(576)		(3,494)
Net income (loss)		(10,398)		(3,561)
New Residential’s equity in net income		$ (2,547)		$ (890)