XML 98 R85.htm IDEA: XBRL DOCUMENT v3.22.0.1
MORTGAGE SERVICING RIGHTS AND MSR FINANCING RECEIVABLES - Schedule of Advances Included in Servicing Advances Receivable (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Schedule of Investments in Mortgage Servicing Rights [Line Items]    
Total [1] $ 421,807 $ 538,056
Servicer Advances Receivable    
Schedule of Investments in Mortgage Servicing Rights [Line Items]    
Principal and interest advances 562,418 665,538
Escrow advances (taxes and insurance advances) 1,523,154 1,547,796
Foreclosure advances 793,098 816,400
Total 2,878,670 3,029,734
Servicer advances receivable related to Agency MSRs 593,000 583,900
Servicer advances receivable related to Ginnie Mae MSRs 212,900 181,200
Unamortized discount and accrual $ 23,500 $ 27,500
[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.