MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Schedule of Advances Included in Servicing Advances Receivable (Details) - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020
Schedule of Equity Method Investments [Line Items]
Total	[1]	$ 517,557	$ 538,056
Servicer Advances Receivable
Schedule of Equity Method Investments [Line Items]
Principal and interest advances		609,948	665,538
Escrow advances (taxes and insurance advances)		1,485,409	1,547,796
Foreclosure advances		821,519	816,400
Total		2,916,876	3,029,734
Servicer advances receivable related to agency MSRs		603,300	583,900
Servicer advances receivable related to Ginnie Mae MSRS, recoverable from Ginnie Mae		176,300	181,200
Servicer advances, unamortized discount and accrual		$ 21,800	$ 27,500

[1] The Company's consolidated statements of financial condition include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (New Residential). As of March 31, 2021, and December 31, 2020, total assets of consolidated VIEs were $2.2 billion and $2.7 billion, respectively, and total liabilities of consolidated VIEs were $1.7 billion and $2.1 billion, respectively. See Note 13 for further details.