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VARIABLE INTEREST ENTITIES - Variable Interest Entities, Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Servicer advance investments, at fair value $ 385,927 $ 398,820
Residential mortgage loans, held-for-investment, at fair value 400,206 452,519
Residential mortgage loans, held-for-sale, at fair value 3,008,722 3,297,271
Cash and cash equivalents [1] 1,369,025 1,336,508
Restricted cash 319,765  
Total assets 33,858,079 32,479,336
Liabilities    
Secured financing agreements [1] 12,757,428 11,257,736
Accrued expenses and other liabilities [1] 1,614,746 1,486,667
Total liabilities 26,663,395 25,469,268
VIE, consolidated    
Assets    
Servicer advance investments, at fair value 376,980 387,675
Residential mortgage loans, held-for-investment, at fair value   22,699
Residential mortgage loans, held-for-sale, at fair value 663,755 844,000
Consumer loans 319,725 363,756
Mortgage loans receivable 347,327 349,975
Cash and cash equivalents 47,552 85,961
Restricted cash 34,329 31,000
Other assets 5,308 172,025
Total assets 1,794,976 2,257,091
Liabilities    
Secured financing agreements   51,325
Secured notes and bonds payable 1,513,428 1,694,468
Accrued expenses and other liabilities 13,367 33,108
Total liabilities 1,526,795 1,778,901
VIE, consolidated | Advance Purchaser    
Assets    
Servicer advance investments, at fair value 376,980 387,675
Residential mortgage loans, held-for-investment, at fair value   0
Residential mortgage loans, held-for-sale, at fair value 0 0
Consumer loans 0 0
Mortgage loans receivable 0 0
Cash and cash equivalents 15,915 34,084
Restricted cash 8,432 7,433
Other assets 9 9
Total assets 401,336 429,201
Liabilities    
Secured financing agreements   0
Secured notes and bonds payable 289,950 313,093
Accrued expenses and other liabilities 2,662 1,928
Total liabilities 292,612 315,021
VIE, consolidated | Newrez Joint Ventures    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, held-for-investment, at fair value   0
Residential mortgage loans, held-for-sale, at fair value 0 0
Consumer loans 0 0
Mortgage loans receivable 0 0
Cash and cash equivalents 26,525 28,404
Restricted cash 0 0
Other assets 582 1,026
Total assets 27,107 29,430
Liabilities    
Secured financing agreements   0
Secured notes and bonds payable 0 0
Accrued expenses and other liabilities 6,949 4,306
Total liabilities 6,949 4,306
VIE, consolidated | Residential Mortgage Loans    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, held-for-investment, at fair value   22,699
Residential mortgage loans, held-for-sale, at fair value 663,755 844,000
Consumer loans 0 0
Mortgage loans receivable 0 0
Cash and cash equivalents 5,112 23,473
Restricted cash 6,515 7,547
Other assets 0 165,975
Total assets 675,382 1,063,694
Liabilities    
Secured financing agreements   51,325
Secured notes and bonds payable 649,357 768,959
Accrued expenses and other liabilities 37 25,381
Total liabilities 649,394 845,665
VIE, consolidated | Consumer Loan SPVs    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, held-for-investment, at fair value   0
Residential mortgage loans, held-for-sale, at fair value 0 0
Consumer loans 319,725 363,756
Mortgage loans receivable 0 0
Cash and cash equivalents 0 0
Restricted cash 6,458 6,652
Other assets 4,717 5,253
Total assets 330,899 375,661
Liabilities    
Secured financing agreements   0
Secured notes and bonds payable 261,866 299,498
Accrued expenses and other liabilities 1,295 1,144
Total liabilities 263,161 300,642
VIE, consolidated | Mortgage Loans Receivable    
Assets    
Servicer advance investments, at fair value 0 0
Residential mortgage loans, held-for-investment, at fair value   0
Residential mortgage loans, held-for-sale, at fair value 0 0
Consumer loans 0 0
Mortgage loans receivable 347,327 349,975
Cash and cash equivalents 0 0
Restricted cash 12,924 9,368
Other assets 0 (238)
Total assets 360,251 359,105
Liabilities    
Secured financing agreements   0
Secured notes and bonds payable 312,255 312,918
Accrued expenses and other liabilities 2,424 349
Total liabilities $ 314,679 $ 313,267
[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 June 30, 2023 and December 31, 2022, total assets of consolidated VIEs were $1.8 billion and $2.3 billion, respectively, and total liabilities of consolidated VIEs were $1.5 billion and $1.8 billion, respectively. See Note 20 for further details.