VARIABLE INTEREST ENTITIES - Variable Interest Entities, Assets and Liabilities (Details) - USD ($) $ in Thousands		Mar. 31, 2022		Dec. 31, 2021		Mar. 31, 2021
Assets
Excess mortgage servicing rights, at fair value		$ 341,187		$ 344,947
Servicer advance investments, at fair value	[1]	390,770		421,807
Residential mortgage loans, held-for-investment, at fair value	[1]	1,009,459		1,077,224
Residential mortgage loans, held-for-sale, at fair value		7,076,916		11,214,924
Cash and cash equivalents		1,671,177	[1]	1,332,575	[1]	$ 1,038,482
Restricted cash		295,037
Servicer advances receivable		2,652,210		2,855,148
Other assets	[1]	2,646,125		2,028,752
Total assets		37,868,547		39,742,190
Liabilities
Secured financing agreements	[1]	17,281,873		20,592,884
Accrued expenses and other liabilities	[1]	1,740,386		1,358,768
Total liabilities		30,683,835		33,072,810
VIE, consolidated
Assets
Excess mortgage servicing rights, at fair value		487,514		403,301
Servicer advance investments, at fair value		379,117		409,475
Residential mortgage loans, held-for-investment, at fair value		28,933		93,226
Residential mortgage loans, held-for-sale, at fair value		968,755		798,644
Consumer loans		462,055		507,291
Mortgage loans receivable		295,142
Cash and cash equivalents		75,799		74,028
Restricted cash		70,710		9,630
Servicer advances receivable		103,330		94,306
Other assets		344,944		367,885
Total assets		3,216,299		2,757,786
Liabilities
Secured financing agreements		210,482		24,683
Secured notes and bonds payable		2,326,402		2,070,792
Accrued expenses and other liabilities		75,184		46,324
Total liabilities		2,612,068		2,141,799
VIE, consolidated | The Buyer
Assets
Excess mortgage servicing rights, at fair value		0		0
Servicer advance investments, at fair value		379,117		409,475
Residential mortgage loans, held-for-investment, at fair value		0
Residential mortgage loans, held-for-sale, at fair value		0		0
Consumer loans		0
Mortgage loans receivable		0
Cash and cash equivalents		36,103		33,777
Restricted cash		2,093		2,210
Servicer advances receivable		0		0
Other assets		9		9
Total assets		417,322		445,471
Liabilities
Secured financing agreements		0		0
Secured notes and bonds payable		322,833		348,670
Accrued expenses and other liabilities		859		806
Total liabilities		323,692		349,476
VIE, consolidated | Shelter Joint Ventures
Assets
Excess mortgage servicing rights, at fair value		0		0
Servicer advance investments, at fair value		0		0
Residential mortgage loans, held-for-investment, at fair value		0		0
Residential mortgage loans, held-for-sale, at fair value		0		0
Consumer loans		0		0
Mortgage loans receivable		0
Cash and cash equivalents		33,975		37,369
Restricted cash		0		0
Servicer advances receivable		0		0
Other assets		1,145		903
Total assets		35,120		38,272
Liabilities
Secured financing agreements		0		0
Secured notes and bonds payable		0		0
Accrued expenses and other liabilities		8,162		6,588
Total liabilities		8,162		6,588
VIE, consolidated | Residential Mortgage Loans
Assets
Excess mortgage servicing rights, at fair value		0		0
Servicer advance investments, at fair value		0		0
Residential mortgage loans, held-for-investment, at fair value		28,933		93,226
Residential mortgage loans, held-for-sale, at fair value		968,755		798,644
Consumer loans		0		0
Mortgage loans receivable		0
Cash and cash equivalents		5,721		2,882
Restricted cash		171		171
Servicer advances receivable		0		0
Other assets		1,102		2,902
Total assets		1,004,682		897,825
Liabilities
Secured financing agreements		210,482		24,683
Secured notes and bonds payable		772,869		802,526
Accrued expenses and other liabilities		22,452		10,163
Total liabilities		1,005,803		837,372
VIE, consolidated | Consumer Loan SPVs
Assets
Excess mortgage servicing rights, at fair value		0		0
Servicer advance investments, at fair value		0		0
Residential mortgage loans, held-for-investment, at fair value		0		0
Residential mortgage loans, held-for-sale, at fair value		0		0
Consumer loans		462,055		507,291
Mortgage loans receivable		0
Cash and cash equivalents		0		0
Restricted cash		7,074		7,249
Servicer advances receivable		0		0
Other assets		6,131		6,851
Total assets		475,260		521,391
Liabilities
Secured financing agreements		0		0
Secured notes and bonds payable		413,881		458,580
Accrued expenses and other liabilities		809		862
Total liabilities		414,690		459,442
VIE, consolidated | Servicer Advance Facilities
Assets
Excess mortgage servicing rights, at fair value		0		0
Servicer advance investments, at fair value		0		0
Residential mortgage loans, held-for-investment, at fair value		0		0
Residential mortgage loans, held-for-sale, at fair value		0		0
Consumer loans		0		0
Mortgage loans receivable		0
Cash and cash equivalents		0		0
Restricted cash		0		0
Servicer advances receivable		103,330		94,306
Other assets		26,474		24,699
Total assets		129,804		119,005
Liabilities
Secured financing agreements		0		0
Secured notes and bonds payable		89,090		93,145
Accrued expenses and other liabilities		42,651		27,771
Total liabilities		131,741		120,916
VIE, consolidated | MSR Financing Facilities
Assets
Excess mortgage servicing rights, at fair value		487,514		403,301
Servicer advance investments, at fair value		0		0
Residential mortgage loans, held-for-investment, at fair value		0		0
Residential mortgage loans, held-for-sale, at fair value		0		0
Consumer loans		0		0
Mortgage loans receivable		0
Cash and cash equivalents		0		0
Restricted cash		0		0
Servicer advances receivable		0		0
Other assets		310,026		332,521
Total assets		797,540		735,822
Liabilities
Secured financing agreements		0		0
Secured notes and bonds payable		403,667		367,871
Accrued expenses and other liabilities		209		134
Total liabilities		403,876		368,005
VIE, consolidated | Mortgage Loans Receivable
Assets
Excess mortgage servicing rights, at fair value		0		0
Servicer advance investments, at fair value		0		0
Residential mortgage loans, held-for-investment, at fair value		0		0
Residential mortgage loans, held-for-sale, at fair value		0		0
Consumer loans		0		0
Mortgage loans receivable		295,142
Cash and cash equivalents		0		0
Restricted cash		61,372		0
Servicer advances receivable		0		0
Other assets		57		0
Total assets		356,571		0
Liabilities
Secured financing agreements		0		0
Secured notes and bonds payable		324,062		0
Accrued expenses and other liabilities		42		0
Total liabilities		$ 324,104		$ 0

[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 March 31, 2022, and December 31, 2021, total assets of consolidated VIEs were $3.2 billion and $2.8 billion, respectively, and total liabilities of consolidated VIEs were $2.6 billion and $2.1 billion, respectively. See Note 20 for further details.