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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2021
USD ($)
property
Dec. 31, 2020
USD ($)
property
Cash and Cash Equivalents [Line Items]    
Restricted cash [1] $ 195,867 $ 135,619
Unpaid Principal Balance $ 289,065 $ 51,575
Number of units in real estate property | property 2,551 257
Number of units in real estate property acquired during period | property 2,294 257
Property acquired, useful life 15 years  
Government Guaranteed Mortgage Loans upon Foreclosure Receivable    
Cash and Cash Equivalents [Line Items]    
Unpaid Principal Balance $ 9,600  
Ginnie Mae    
Cash and Cash Equivalents [Line Items]    
Restricted cash 4,700 $ 4,700
Real Estate Securities    
Cash and Cash Equivalents [Line Items]    
Restricted cash 15,300 15,700
Single Family Rental Properties    
Cash and Cash Equivalents [Line Items]    
Restricted cash 2,500 100
MSRs    
Cash and Cash Equivalents [Line Items]    
Restricted cash 117,700 51,900
Mortgage Loans Receivable    
Cash and Cash Equivalents [Line Items]    
Restricted cash 300 0
Servicer Advance Investments    
Cash and Cash Equivalents [Line Items]    
Restricted cash 33,400 36,300
Consumer Loan    
Cash and Cash Equivalents [Line Items]    
Restricted cash 21,900 $ 27,000
Residential Mortgage Loans    
Cash and Cash Equivalents [Line Items]    
Unpaid principal balance $ 97,900  
[1] The Company's Consolidated Balance Sheets 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 December 31, 2021, and December 31, 2020, total assets of consolidated VIEs were $2.8 billion and $2.7 billion, respectively, and total liabilities of consolidated VIEs were $2.1 billion and $2.1 billion, respectively. See Note 15 for further details.