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SERVICER ADVANCE INVESTMENTS - Summary of Investments in Servicer Advances - Components of Funded Advances (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]    
Total [1] $ 390,770 $ 421,807
Servicer Advance Investments | Servicer Advances    
Schedule of Equity Method Investments [Line Items]    
Principal and interest advances 63,594 67,014
Escrow advances (taxes and insurance advances) 165,808 174,681
Foreclosure advances 125,164 127,745
Total $ 354,566 $ 369,440
[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.