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FAIR VALUE MEASUREMENTS - Financial Assets Measured at Fair Value on a Recurring Basis using Level 3 Inputs (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Non-Agency          
Gain (loss) included in net income          
Gain (loss) on settlement of investments, net $ 0 $ (100) $ (200) $ (1,600)  
Excess MSRs in Equity Method Investees          
Purchases, sales and repayments          
Rithm Capital’s percentage ownership 50.00%   50.00%   50.00%
Recurring Basis | Level 3          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     $ 13,455,778    
Transfers          
Transfers from Level 3     (295,315)    
Transfers to Level 3     20,421    
Gain (loss) included in net income          
Credit losses on securities     371    
Included in servicing revenue     (99,338)    
Excess MSRs     (11,862)    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     20,273    
Residential mortgage loans     (9,548)    
Consumer loans     (14,024)    
Gain (loss) on settlement of investments, net     284    
Other income (loss), net     37,202    
Gains (losses) included in OCI     685    
Interest income     79,814    
Purchases, sales and repayments          
Purchases, net     2,214,507    
Proceeds from sales     (924,328)    
Proceeds from repayments     (2,536,633)    
Originations and other     2,132,063    
Balance, ending $ 14,070,350   14,070,350    
Recurring Basis | Level 3 | Servicer Advance Investments          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     398,820    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Credit losses on securities     0    
Included in servicing revenue     0    
Excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     20,273    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     0    
Gains (losses) included in OCI     0    
Interest income     16,257    
Purchases, sales and repayments          
Purchases, net     644,594    
Proceeds from sales     0    
Proceeds from repayments     (692,275)    
Originations and other     0    
Balance, ending 387,669   387,669    
Recurring Basis | Level 3 | Excess MSRs          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     321,803    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Credit losses on securities     0    
Included in servicing revenue     0    
Excess MSRs     (11,862)    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     284    
Other income (loss), net     (134)    
Gains (losses) included in OCI     0    
Interest income     16,733    
Purchases, sales and repayments          
Purchases, net     0    
Proceeds from sales     (900)    
Proceeds from repayments     (42,948)    
Originations and other     0    
Balance, ending 282,976   282,976    
Recurring Basis | Level 3 | MSRs and MSR Financing Receivables          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     8,889,403    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Credit losses on securities     0    
Included in servicing revenue     (99,338)    
Excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     0    
Gains (losses) included in OCI     0    
Interest income     0    
Purchases, sales and repayments          
Purchases, net     0    
Proceeds from sales     (704,657)    
Proceeds from repayments     0    
Originations and other     609,460    
Balance, ending 8,694,868   8,694,868    
Recurring Basis | Level 3 | Non-Agency          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     950,860    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Credit losses on securities     371    
Included in servicing revenue     0    
Excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net        
Other income (loss), net     (3,028)    
Gains (losses) included in OCI     685    
Interest income     21,121    
Purchases, sales and repayments          
Purchases, net     32,600    
Proceeds from sales     0    
Proceeds from repayments     (101,381)    
Originations and other     0    
Balance, ending 901,228   901,228    
Recurring Basis | Level 3 | Derivatives          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     8,786    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Credit losses on securities     0    
Included in servicing revenue     0    
Excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     (2,288)    
Gains (losses) included in OCI     0    
Interest income     0    
Purchases, sales and repayments          
Purchases, net     0    
Proceeds from sales     0    
Proceeds from repayments     0    
Originations and other     0    
Balance, ending 6,498   6,498    
Recurring Basis | Level 3 | Residential mortgage loans          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     713,896    
Transfers          
Transfers from Level 3     (41,430)    
Transfers to Level 3     20,421    
Gain (loss) included in net income          
Credit losses on securities     0    
Included in servicing revenue     0    
Excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     0    
Residential mortgage loans     (9,548)    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     42,421    
Gains (losses) included in OCI     0    
Interest income     0    
Purchases, sales and repayments          
Purchases, net     38,335    
Proceeds from sales     (239,446)    
Proceeds from repayments     (69,718)    
Originations and other     55,379    
Balance, ending 510,310   510,310    
Recurring Basis | Level 3 | Consumer Loans          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     363,756    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Credit losses on securities     0    
Included in servicing revenue     0    
Excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     (14,024)    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     0    
Gains (losses) included in OCI     0    
Interest income     21,281    
Purchases, sales and repayments          
Purchases, net     1,317,347    
Proceeds from sales     20,675    
Proceeds from repayments     (272,955)    
Originations and other     0    
Balance, ending 1,436,080   1,436,080    
Recurring Basis | Level 3 | Notes and Loans Receivable          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     94,401    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Credit losses on securities     0    
Included in servicing revenue     0    
Excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     231    
Gains (losses) included in OCI     0    
Interest income     4,422    
Purchases, sales and repayments          
Purchases, net     35,000    
Proceeds from sales     0    
Proceeds from repayments     (70,695)    
Originations and other     0    
Balance, ending 63,359   63,359    
Recurring Basis | Level 3 | Mortgage Loans Receivable          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     1,714,053    
Transfers          
Transfers from Level 3     (253,885)    
Transfers to Level 3     0    
Gain (loss) included in net income          
Credit losses on securities     0    
Included in servicing revenue     0    
Excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     0    
Gains (losses) included in OCI     0    
Interest income     0    
Purchases, sales and repayments          
Purchases, net     146,631    
Proceeds from sales     0    
Proceeds from repayments     (1,286,661)    
Originations and other     1,467,224    
Balance, ending $ 1,787,362   $ 1,787,362