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EXCESS MORTGAGE SERVICING RIGHTS - Summary of Financial Results of Excess MSR Joint Ventures (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Schedule of Investments in Mortgage Servicing Rights [Line Items]        
Total equity $ 7,184,712 $ 5,621,813 $ 6,669,380 $ 5,429,684
New Residential’s investment 7,964,465   6,858,803  
Net income (loss) 689,931 301,336    
Excess MSR Joint Ventures        
Schedule of Investments in Mortgage Servicing Rights [Line Items]        
Excess MSR 148,703   152,383  
Other assets 19,581   19,802  
New Residential’s investment $ 83,799   $ 85,749  
New Residential’s percentage ownership 50.00%   50.00%  
Interest income $ 5,667 9,158    
Other income (loss) (2,252) (2,820)    
Expenses (8) (8)    
Excess MSR Joint Ventures | Equity Method Investment, Nonconsolidated Investee or Group of Investees        
Schedule of Investments in Mortgage Servicing Rights [Line Items]        
Other liabilities (687)   $ (687)  
Total equity 167,597   $ 171,498  
Net income (loss) $ 3,407 $ 6,330