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EXCESS MORTGAGE SERVICING RIGHTS - Summary of Direct Investments in Excess MSRs (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Schedule of Equity Method Investments [Line Items]          
Weighted Average Life (Years)     1 year 2 months 12 days    
Agency          
Schedule of Equity Method Investments [Line Items]          
Original and Recaptured Pools $ (599) $ 1,066 $ (10,417) $ (1,564)  
Servicer advance investments | Servicer Advances          
Schedule of Equity Method Investments [Line Items]          
Residential mortgage loan UPB and other collateral 16,235,846   16,235,846   $ 17,033,753
Excess MSRs          
Schedule of Equity Method Investments [Line Items]          
Residential mortgage loan UPB and other collateral 46,130,066   $ 46,130,066    
Weighted Average Life (Years)     6 years 3 months 18 days    
Amortized Cost Basis 193,154   $ 193,154    
Carrying Value $ 224,632   $ 224,632   $ 249,366
Excess MSRs | Minimum          
Schedule of Equity Method Investments [Line Items]          
Interest in Excess MSR 32500.00%   32500.00%    
Excess MSRs | Maximum          
Schedule of Equity Method Investments [Line Items]          
Interest in Excess MSR 100.00%   100.00%    
Excess MSRs | Weighted Average          
Schedule of Equity Method Investments [Line Items]          
Interest in Excess MSR 56500.00%   56500.00%    
Excess MSRs | Former Manager-managed funds | Minimum          
Schedule of Equity Method Investments [Line Items]          
Interest in Excess MSR 0.00%   0.00%    
Excess MSRs | Former Manager-managed funds | Maximum          
Schedule of Equity Method Investments [Line Items]          
Interest in Excess MSR 50.00%   50.00%    
Excess MSRs | Mr. Cooper | Minimum          
Schedule of Equity Method Investments [Line Items]          
Interest in Excess MSR 0.00%   0.00%    
Excess MSRs | Mr. Cooper | Maximum          
Schedule of Equity Method Investments [Line Items]          
Interest in Excess MSR 35.00%   35.00%