OTHER INCOME, ASSETS AND LIABILITIES - Schedule of Other Assets and Other Liabilities (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Other Assets
Margin receivable, net		$ 54,530	$ 59,021
Other receivables	[1]	23,351	1,797
Deferred financing costs, net	[2]	0	0
Principal paydown receivable		1,510	3,595
Receivable from government agency	[3]	75,524	9,108
Call rights		680	3,728
Interest receivable		31,509	8,658
Servicer advances, at fair value		8,182,400	3,270,839
Other assets	[4]	22,119	9,516
Other Assets		278,610	95,423
Other Liabilities
Interest payable		15,607	7,857
Accounts payable		35,788	28,059
Derivative liabilities		16,124	14,220
Current taxes payable		7,449	2,349
Contingent consideration		50,000	0
Other liabilities		9,351	20
Accrued Expenses and Other Liabilities		134,319	52,505
GNMA EBO [Member]
Other Assets
Servicer advances, at fair value	[5]	$ 69,387	$ 0

[1] Primarily includes advance collections that were in-transit to pay down related debt obligations.

[2] Deferred financing costs were reclassified as an offset to the related debt obligation in June 2015 pursuant to ASU No. 2015-03 (Note 1).

[3] Represents claims receivable from FHA on EBO and reverse mortgage loans for which foreclosure has been completed and for which New Residential has made or intends to make a claim on the FHA guarantee.

[4] Primarily includes prepaid expenses.

[5] Represents GNMA EBO servicer advances funded by HLSS and accounted for as a financing transaction as the counterparty retained title and all other rights and rewards associated with such advances.