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EXCESS MORTGAGE SERVICING RIGHTS ASSETS - Summary of Excess MSRs Made Through Equity Method Investees (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Schedule of Investments in Mortgage Servicing Rights [Line Items]    
Weighted Average Life (Years) 10 months 24 days  
Excess MSRs Investees    
Schedule of Investments in Mortgage Servicing Rights [Line Items]    
New Residential Interest in Investees 50.00% 50.00%
Excess MSRs Investees | Agency    
Schedule of Investments in Mortgage Servicing Rights [Line Items]    
New Residential Interest in Investees 50.00%  
Excess MSRs Investees | Agency | Agency    
Schedule of Investments in Mortgage Servicing Rights [Line Items]    
Unpaid Principal Balance $ 25,547,389  
Investee Interest in Excess MSR 66.70%  
New Residential Interest in Investees 50.00%  
Amortized Cost Basis $ 127,391  
MSRs $ 166,868  
Weighted Average Life (Years) 5 years 9 months 18 days