OTHER ASSETS AND LIABILITIES, GENERAL AND ADMINISTRATIVE, AND OTHER ITEMS - Schedule of Other Assets and Liabilities (Details) - USD ($) $ in Thousands		Jun. 30, 2021	Dec. 31, 2020
Other Assets
Margin receivable, net		$ 614,655	$ 271,753
Servicing fee receivables		175,106	137,426
Due from servicers		13,726	67,854
Principal and interest receivable		57,047	41,589
Equity investment		56,947	55,504
Other receivables		104,465	109,111
REO		41,337	45,299
Single-family rental properties		227,649	41,271
Goodwill		29,468	29,468
Notes receivable, at fair value		53,655	52,389
Warrants, at fair value		25,728	23,218
Recovery asset		10,237	13,006
Property and equipment		31,169	27,493
Receivable from government agency		6,305	14,369
Intangible assets		32,161	34,125
Prepaid expenses		41,342	30,949
Operating lease right-of-use assets		22,206	26,913
Derivative assets		125,632	290,144
Ocwen common stock, at fair value		5,323	11,187
Loans receivable, at fair value		250,000	0
Other assets		67,028	35,354
Other assets	[1]	1,991,186	1,358,422
Accrued Expenses and Other Liabilities
Margin payable		400	0
MSR purchase price holdback		21,565	25,121
Interest payable		24,897	44,623
Accounts payable		114,790	87,406
Derivative liabilities		36,996	119,762
Due to servicers		51,021	59,671
Due to agencies		17,610	26,748
Contingent consideration		8,821	14,247
Accrued compensation and benefits		57,621	67,025
Excess spread financing, at fair value		11,733	18,420
Operating lease liabilities		25,993	31,270
Reserve for sales recourse		10,166	9,799
Reserve for servicing losses		15,547	9,288
Deferred tax liability		100,114	7,859
Other liabilities		32,280	16,063
Accrued expenses and other liabilities	[1]	$ 529,554	$ 537,302

[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 June 30, 2021, and December 31, 2020, total assets of consolidated VIEs were $2.6 billion and $2.7 billion, respectively, and total liabilities of consolidated VIEs were $2.1 billion and $2.1 billion, respectively. See Note 13 for further details.