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VARIABLE INTEREST ENTITIES - Variable Interest Entities, Assets and Liabilities (Details) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Assets      
Excess mortgage servicing rights, at fair value $ 322,168 $ 344,947  
Servicer advance investments, at fair value [1] 371,418 421,807  
Residential mortgage loans, held-for-investment, at fair value [1] 864,534 1,077,224  
Residential mortgage loans, held-for-sale, at fair value 3,933,392 11,214,924  
Cash and cash equivalents 1,420,010 1,332,575 [1] $ 1,366,678
Restricted cash 529,565    
Servicer advance receivable [1] 2,522,246 2,855,148  
Other assets [1] 2,158,598 2,028,752  
Total assets 35,334,535 39,742,190  
Liabilities      
Secured financing agreements [1] 13,655,247 20,592,884  
Accrued expenses and other liabilities [1] 1,893,679 1,358,768  
Total liabilities 28,272,909 33,072,810  
VIE, consolidated      
Assets      
Excess mortgage servicing rights, at fair value 659,793 403,301  
Servicer advance investments, at fair value 360,023 409,475  
Residential mortgage loans, held-for-investment, at fair value 24,237 93,226  
Residential mortgage loans, held-for-sale, at fair value 748,514 798,644  
Consumer loans 393,599 507,291  
Mortgage loans receivable 349,911    
Cash and cash equivalents 109,012 74,028  
Restricted cash 338,575 9,630  
Servicer advance receivable 90,591 94,306  
Other assets 370,360 367,885  
Total assets 3,444,615 2,757,786  
Liabilities      
Secured financing agreements 238,745 24,683  
Secured notes and bonds payable 2,342,948 2,070,792  
Accrued expenses and other liabilities 172,358 46,324  
Total liabilities 2,754,051 2,141,799  
VIE, consolidated | The Buyer      
Assets      
Excess mortgage servicing rights, at fair value 0 0  
Servicer advance investments, at fair value 360,023 409,475  
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 40,752 33,777  
Restricted cash 2,234 2,210  
Servicer advance receivable 0 0  
Other assets 9 9  
Total assets 403,018 445,471  
Liabilities      
Secured financing agreements 0 0  
Secured notes and bonds payable 313,298 348,670  
Accrued expenses and other liabilities 1,006 806  
Total liabilities 314,304 349,476  
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 33,780 37,369  
Restricted cash 0 0  
Servicer advance receivable 0 0  
Other assets 1,098 903  
Total assets 34,878 38,272  
Liabilities      
Secured financing agreements 0 0  
Secured notes and bonds payable 0 0  
Accrued expenses and other liabilities 8,487 6,588  
Total liabilities 8,487 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 24,237 93,226  
Residential mortgage loans, held-for-sale, at fair value 748,514 798,644  
Consumer loans 0 0  
Mortgage loans receivable 0    
Cash and cash equivalents 34,480 2,882  
Restricted cash 321,242 171  
Servicer advance receivable 0 0  
Other assets 1,121 2,902  
Total assets 1,129,594 897,825  
Liabilities      
Secured financing agreements 238,745 24,683  
Secured notes and bonds payable 770,063 802,526  
Accrued expenses and other liabilities 123,036 10,163  
Total liabilities 1,131,844 837,372  
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 393,599 507,291  
Mortgage loans receivable 0    
Cash and cash equivalents 0 0  
Restricted cash 6,766 7,249  
Servicer advance receivable 0 0  
Other assets 5,518 6,851  
Total assets 405,883 521,391  
Liabilities      
Secured financing agreements 0 0  
Secured notes and bonds payable 320,001 458,580  
Accrued expenses and other liabilities 1,024 862  
Total liabilities 321,025 459,442  
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 advance receivable 90,591 94,306  
Other assets 29,559 24,699  
Total assets 120,150 119,005  
Liabilities      
Secured financing agreements 0 0  
Secured notes and bonds payable 78,072 93,145  
Accrued expenses and other liabilities 38,110 27,771  
Total liabilities 116,182 120,916  
VIE, consolidated | MSR Financing Facilities      
Assets      
Excess mortgage servicing rights, at fair value 659,793 403,301  
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 advance receivable 0 0  
Other assets 332,986 332,521  
Total assets 992,779 735,822  
Liabilities      
Secured financing agreements 0 0  
Secured notes and bonds payable 549,597 367,871  
Accrued expenses and other liabilities 268 134  
Total liabilities 549,865 368,005  
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 349,911    
Cash and cash equivalents 0 0  
Restricted cash 8,333 0  
Servicer advance receivable 0 0  
Other assets 69 0  
Total assets 358,313 0  
Liabilities      
Secured financing agreements 0 0  
Secured notes and bonds payable 311,917 0  
Accrued expenses and other liabilities 427 0  
Total liabilities $ 312,344 $ 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 (Rithm Capital). As of September 30, 2022, and December 31, 2021, total assets of consolidated VIEs were $3.4 billion and $2.8 billion, respectively, and total liabilities of consolidated VIEs were $2.8 billion and $2.1 billion, respectively. See Note 20 for further details.