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FAIR VALUE MEASUREMENTS - Financial Assets Measured at Fair Value on a Recurring Basis using Level 3 Inputs (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Purchases, sales and repayments    
Purchases, net   $ 4,761,020
Non-Agency    
Gains (losses) included in net income    
Gain (loss) on settlement of investments, net $ (28,500) (953,500)
Excess MSRs Investees    
Purchases, sales and repayments    
New Residential’s percentage ownership 50.00%  
Recurring Basis | Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning $ 10,473,953 20,139,743
Transfers    
Transfers from Level 3 0 (718,892)
Transfers to Level 3 2,386 445,040
Acquisitions (Note 3) (3,129,562)  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 5,201 (13,404)
Change in fair value of Excess MSRs (15,078) (32,464)
Change in fair value of Excess MSRs, equity method investees 1,818 (6,978)
Servicing revenue, net (513,686) (2,183,073)
Change in fair value of servicer advance investments (9,076) 763
Change in fair value of residential mortgage loans 155,758 (107,604)
Gain (loss) on settlement of investments, net (28,146) (953,407)
Other income (loss), net (306,078) (80,733)
Gains (losses) included in other comprehensive income 28,882 (300,467)
Interest income 64,072 207,453
Purchases, sales and repayments    
Purchases, net 5,635,602  
Proceeds from sales (3,904,136) (8,697,830)
Proceeds from repayments (2,517,922) (2,649,940)
Originations and other 1,633,590 664,726
Balance, ending 13,425,847 10,473,953
Recurring Basis | Level 3 | Servicer Advance Investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 538,056 581,777
Transfers    
Transfers from Level 3 0 0
Transfers to Level 3 0 0
Acquisitions (Note 3) 0  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 0 0
Change in fair value of Excess MSRs 0 0
Change in fair value of Excess MSRs, equity method investees 0 0
Servicing revenue, net 0 0
Change in fair value of servicer advance investments (9,076) 763
Change in fair value of residential mortgage loans 0 0
Gain (loss) on settlement of investments, net 0 0
Other income (loss), net 0 0
Gains (losses) included in other comprehensive income 0 0
Interest income 1,678 18,182
Purchases, sales and repayments    
Purchases, net 1,286,526 1,294,757
Proceeds from sales 0 0
Proceeds from repayments (1,395,377) (1,357,423)
Originations and other 0 0
Balance, ending 421,807 538,056
Recurring Basis | Level 3 | Excess MSRs    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 410,855 505,343
Transfers    
Transfers from Level 3 0 0
Transfers to Level 3 0 0
Acquisitions (Note 3) 0  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 0 0
Change in fair value of Excess MSRs (15,078) (16,232)
Change in fair value of Excess MSRs, equity method investees 1,818 (3,489)
Servicing revenue, net 0 0
Change in fair value of servicer advance investments 0 0
Change in fair value of residential mortgage loans 0 0
Gain (loss) on settlement of investments, net 404 67
Other income (loss), net (326) (12,190)
Gains (losses) included in other comprehensive income 0 0
Interest income 20,296 28,352
Purchases, sales and repayments    
Purchases, net 0 0
Proceeds from sales (984) (1,061)
Proceeds from repayments (72,038) (89,935)
Originations and other 0 0
Balance, ending 344,947 410,855
Recurring Basis | Level 3 | MSRs And MSR Financing Receivables    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 4,585,841 5,686,233
Transfers    
Transfers from Level 3 0 0
Transfers to Level 3 0 0
Acquisitions (Note 3) (1,507,524)  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 0 0
Change in fair value of Excess MSRs 0 0
Change in fair value of Excess MSRs, equity method investees 0 0
Servicing revenue, net (513,686) (2,183,073)
Change in fair value of servicer advance investments 0 0
Change in fair value of residential mortgage loans 0 0
Gain (loss) on settlement of investments, net 0 0
Other income (loss), net 0 0
Gains (losses) included in other comprehensive income 0 0
Interest income 0 0
Purchases, sales and repayments    
Purchases, net 10,949 431,608
Proceeds from sales (63,451) (15,341)
Proceeds from repayments 0 0
Originations and other 1,331,626 666,414
Balance, ending 6,858,803 4,585,841
Recurring Basis | Level 3 | Non-Agency    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 1,180,924 7,957,785
Transfers    
Transfers from Level 3 0 0
Transfers to Level 3 0 0
Acquisitions (Note 3) 0  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 5,201 (13,404)
Change in fair value of Excess MSRs 0 0
Change in fair value of Excess MSRs, equity method investees 0 0
Servicing revenue, net 0 0
Change in fair value of servicer advance investments 0 0
Change in fair value of residential mortgage loans 0 0
Gain (loss) on settlement of investments, net (28,550) (953,541)
Other income (loss), net 9,136 (42,506)
Gains (losses) included in other comprehensive income 28,882 (580,102)
Interest income 13,740 105,373
Purchases, sales and repayments    
Purchases, net 174,340 575,030
Proceeds from sales (164,630) (5,288,480)
Proceeds from repayments (267,101) (577,543)
Originations and other 0 (1,688)
Balance, ending 951,942 1,180,924
Recurring Basis | Level 3 | Derivatives    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 289,074 39,891
Transfers    
Transfers from Level 3 0 0
Transfers to Level 3 0 0
Acquisitions (Note 3) (116,403)  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 0 0
Change in fair value of Excess MSRs 0 0
Change in fair value of Excess MSRs, equity method investees 0 0
Servicing revenue, net 0 0
Change in fair value of servicer advance investments 0 0
Change in fair value of residential mortgage loans 0 0
Gain (loss) on settlement of investments, net 0 0
Other income (loss), net (293,699) 0
Gains (losses) included in other comprehensive income 0 249,183
Interest income 0 0
Purchases, sales and repayments    
Purchases, net 0 0
Proceeds from sales 0 0
Proceeds from repayments 0 0
Originations and other 0 0
Balance, ending 111,778 289,074
Recurring Basis | Level 3 | Residential Mortgage Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 2,320,384 3,998,825
Transfers    
Transfers from Level 3 0 (718,892)
Transfers to Level 3 2,386 445,040
Acquisitions (Note 3) 0  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 0 0
Change in fair value of Excess MSRs 0 0
Change in fair value of Excess MSRs, equity method investees 0 0
Servicing revenue, net 0 0
Change in fair value of servicer advance investments 0 0
Change in fair value of residential mortgage loans 155,758 (107,604)
Gain (loss) on settlement of investments, net 0 0
Other income (loss), net (1,357) (8,276)
Gains (losses) included in other comprehensive income 0 (6,020)
Interest income 0 0
Purchases, sales and repayments    
Purchases, net 4,128,097 2,415,084
Proceeds from sales (3,675,071) (3,391,887)
Proceeds from repayments (487,830) (305,886)
Originations and other (19,030) 0
Balance, ending 2,423,337 2,320,384
Recurring Basis | Level 3 | Consumer Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 685,575 827,545
Transfers    
Transfers from Level 3 0 0
Transfers to Level 3 0 0
Acquisitions (Note 3) 0  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 0 0
Change in fair value of Excess MSRs 0 0
Change in fair value of Excess MSRs, equity method investees 0 0
Servicing revenue, net 0 0
Change in fair value of servicer advance investments 0 0
Change in fair value of residential mortgage loans 0 0
Gain (loss) on settlement of investments, net 0 0
Other income (loss), net (20,133) (6,385)
Gains (losses) included in other comprehensive income 0 36,472
Interest income 18,925 24,120
Purchases, sales and repayments    
Purchases, net 29,002 33,041
Proceeds from sales 0 0
Proceeds from repayments (206,078) (229,218)
Originations and other 0 0
Balance, ending 507,291 685,575
Recurring Basis | Level 3 | Notes and Loans Receivable    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 52,389 37,001
Transfers    
Transfers from Level 3 0 0
Transfers to Level 3 0 0
Acquisitions (Note 3) 0  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 0 0
Change in fair value of Excess MSRs 0 0
Change in fair value of Excess MSRs, equity method investees 0 0
Servicing revenue, net 0 0
Change in fair value of servicer advance investments 0 0
Change in fair value of residential mortgage loans 0 0
Gain (loss) on settlement of investments, net 0 0
Other income (loss), net 301 814
Gains (losses) included in other comprehensive income 0 0
Interest income 9,433 3,074
Purchases, sales and repayments    
Purchases, net 6,688 11,500
Proceeds from sales 0 0
Proceeds from repayments (28,631) 0
Originations and other 250,000 0
Balance, ending 290,180 52,389
Recurring Basis | Level 3 | Mortgage Loans Receivable    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance, beginning 0 0
Transfers    
Transfers from Level 3 0 0
Transfers to Level 3 0 0
Acquisitions (Note 3) (1,505,635)  
Gains (losses) included in net income    
Reversal (provision) for credit losses on securities 0 0
Change in fair value of Excess MSRs 0 0
Change in fair value of Excess MSRs, equity method investees 0 0
Servicing revenue, net 0 0
Change in fair value of servicer advance investments 0 0
Change in fair value of residential mortgage loans 0 0
Gain (loss) on settlement of investments, net 0 0
Other income (loss), net 0 0
Gains (losses) included in other comprehensive income 0 0
Interest income 0 0
Purchases, sales and repayments    
Purchases, net 0 0
Proceeds from sales 0 0
Proceeds from repayments (60,867) 0
Originations and other 70,994 0
Balance, ending $ 1,515,762 $ 0