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VARIABLE INTEREST ENTITIES - Variable Interest Entities, Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Servicer advance investments, at fair value $ 376,881 $ 398,820
Residential mortgage loans, held-for-investment, at fair value 379,044 452,519
Residential mortgage loans, held-for-sale, at fair value 2,461,865 3,297,271
Cash and cash equivalents [1] 1,287,199 1,336,508
Restricted cash 385,620 281,126
Total assets 35,311,785 32,479,336
Liabilities    
Secured financing agreements [1] 12,561,283 11,257,736
Accrued expenses and other liabilities [1] 2,332,379 1,486,667
Total liabilities 28,210,747 25,469,268
VIE, consolidated    
Assets    
Servicer advance investments, at fair value 367,803 387,675
Residential mortgage loans, held-for-investment, at fair value   22,699
Residential mortgage loans, held-for-sale, at fair value 1,112,097 844,000
Consumer loans 285,632 363,756
Restricted cash 353,594 349,975
Cash and cash equivalents 23,540 85,961
Restricted cash 28,259 31,000
Other assets 350,482 172,025
Total assets 2,521,407 2,257,091
Liabilities    
Secured financing agreements   51,325
Secured notes and bonds payable 1,826,017 1,694,468
Accrued expenses and other liabilities 232,027 33,108
Total liabilities 2,058,044 1,778,901
VIE, consolidated | Advance Purchaser    
Assets    
Servicer advance investments, at fair value 367,803 387,675
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
Restricted cash 0 0
Cash and cash equivalents 5,381 34,084
Restricted cash 8,273 7,433
Other assets 9 9
Total assets 381,466 429,201
Liabilities    
Secured financing agreements   0
Secured notes and bonds payable 274,404 313,093
Accrued expenses and other liabilities 2,606 1,928
Total liabilities 277,010 315,021
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
Restricted cash 0 0
Cash and cash equivalents 18,159 28,404
Restricted cash 0 0
Other assets 688 1,026
Total assets 18,847 29,430
Liabilities    
Secured financing agreements   0
Secured notes and bonds payable 0 0
Accrued expenses and other liabilities 2,240 4,306
Total liabilities 2,240 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 1,112,097 844,000
Consumer loans 0 0
Restricted cash 0 0
Cash and cash equivalents 0 23,473
Restricted cash 6,113 7,547
Other assets 0 165,975
Total assets 1,118,210 1,063,694
Liabilities    
Secured financing agreements   51,325
Secured notes and bonds payable 996,845 768,959
Accrued expenses and other liabilities 5,382 25,381
Total liabilities 1,002,227 845,665
VIE, consolidated | Consumer Loan Companies    
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 285,632 363,756
Restricted cash 0 0
Cash and cash equivalents 0 0
Restricted cash 6,301 6,652
Other assets 4,325 5,253
Total assets 296,258 375,661
Liabilities    
Secured financing agreements   0
Secured notes and bonds payable 235,770 299,498
Accrued expenses and other liabilities 1,507 1,144
Total liabilities 237,277 300,642
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
Restricted cash 353,594 349,975
Cash and cash equivalents 0 0
Restricted cash 7,572 9,368
Other assets 4,531 (238)
Total assets 365,697 359,105
Liabilities    
Secured financing agreements   0
Secured notes and bonds payable 318,998 312,918
Accrued expenses and other liabilities 372 349
Total liabilities 319,370 313,267
VIE, consolidated | Consolidated Funds    
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
Restricted cash 0 0
Cash and cash equivalents 0 0
Restricted cash 0 0
Other assets 340,929 0
Total assets 340,929 0
Liabilities    
Secured financing agreements   0
Secured notes and bonds payable 0 0
Accrued expenses and other liabilities 219,920 0
Total liabilities $ 219,920 $ 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 December 31, 2023, and December 31, 2022, total assets of consolidated VIEs were $2.5 billion and $2.3 billion, respectively, and total liabilities of consolidated VIEs were $2.1 billion and $1.8 billion, respectively. See Note 21 for further details.