INVESTMENTS IN CONSUMER LOANS - Narrative (Details) $ / shares in Units, shares in Millions		1 Months Ended	12 Months Ended
	Jun. 04, 2019 USD ($)	Feb. 28, 2017 USD ($) investor $ / shares shares	Dec. 31, 2019 USD ($) shares	Dec. 31, 2018 USD ($)
Schedule of Consumer Loans [Line Items]
New Residential’s investment			$ 0	$ 38,294,000
Warrants			$ 28,042,000	$ 0
WarrantCo | Consumer Portfolio Segment
Schedule of Consumer Loans [Line Items]
Number of warrants to be purchased (in shares) | shares		177.7	42.0
Value of Series F convertible preferred stock		$ 75,000,000.0
Exercise price (in dollars per share) | $ / shares		$ 0.01
Consumer Loan SPVs
Schedule of Consumer Loans [Line Items]
New Residential’s ownership			53.50%
Refinanced asset-backed notes	$ 938,700,000
Proceeds in excess of the refinanced debt	7,800,000
Consumer Loan SPVs | New Residential and Co Investors
Schedule of Consumer Loans [Line Items]
Proceeds in excess of the refinanced debt	$ 13,400,000
LoanCo | Consumer Portfolio Segment
Schedule of Consumer Loans [Line Items]
New Residential’s ownership		25.00%
Purchase agreement amount		$ 5,000,000,000.0
Terms of purchase agreement contract		2 years
Number of co-investors | investor		3
New Residential’s investment			$ 0.0
Gain on the distribution of all net assets			$ 3,600,000
WarrantCo | Consumer Portfolio Segment
Schedule of Consumer Loans [Line Items]
New Residential’s ownership		23.57%
Number of co-investors | investor		3
Series F Convertible Preferred Stock | Consumer Loan Seller | New Residential and Co Investors | Consumer Portfolio Segment
Schedule of Consumer Loans [Line Items]
Number of securities called by warrants (in shares) | shares			177.7