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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 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Non-Agency RMBS          
Gain (loss) included in net income          
Gain (loss) on settlement of investments, net $ 0 $ (10,700) $ (1,600) $ (20,500)  
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     $ 13,425,847    
Transfers          
Transfers from Level 3     (1,183,060)    
Transfers to Level 3     0    
Gain (loss) included in net income          
Reversal for credit losses on securities     (776)    
Change in fair value of excess MSRs     (1,564)    
Change in fair value of excess MSRs, equity method investees     1,859    
Included in servicing revenue     981,581    
Servicer advance investments     (1,797)    
Residential mortgage loans     (132,397)    
Consumer loans     (20,964)    
Gain (loss) on settlement of investments, net     (45,391)    
Other income (loss), net     (99,369)    
Gains (losses) included in other comprehensive income     (25,620)    
Interest income     47,764    
Purchases, sales and repayments          
Purchases, net     2,248,701    
Proceeds from sales     (1,870,682)    
Proceeds from repayments     (1,627,539)    
Originations and other     1,746,125    
Balance, ending $ 13,442,718   13,442,718    
Recurring Basis | Level 3 | Servicer Advance Investments          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     421,807    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Reversal for credit losses on securities     0    
Change in fair value of excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Included in servicing revenue     0    
Servicer advance investments     (1,797)    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     0    
Gains (losses) included in other comprehensive income     0    
Interest income     6,854    
Purchases, sales and repayments          
Purchases, net     500,000    
Proceeds from sales        
Proceeds from repayments     (546,963)    
Originations and other     0    
Balance, ending 379,901   379,901    
Recurring Basis | Level 3 | Excess MSRs          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     344,947    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Reversal for credit losses on securities     0    
Change in fair value of excess MSRs     (1,564)    
Change in fair value of excess MSRs, equity method investees     1,859    
Included in servicing revenue     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     37    
Other income (loss), net     0    
Gains (losses) included in other comprehensive income     0    
Interest income     20,605    
Purchases, sales and repayments          
Purchases, net     0    
Proceeds from sales     (997)    
Proceeds from repayments     (27,837)    
Originations and other     0    
Balance, ending 337,050   337,050    
Recurring Basis | Level 3 | MSRs and MSR Financing Receivables          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     6,858,803    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Reversal for credit losses on securities     0    
Change in fair value of excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Included in servicing revenue     981,581    
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 other comprehensive income     0    
Interest income     0    
Purchases, sales and repayments          
Purchases, net     (613)    
Proceeds from sales     (4,284)    
Proceeds from repayments     0    
Originations and other     790,922    
Balance, ending 8,626,409   8,626,409    
Recurring Basis | Level 3 | Non-Agency RMBS          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     951,942    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Reversal for credit losses on securities     (776)    
Change in fair value of excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Included in servicing revenue     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     (1,560)    
Other income (loss), net     (36,803)    
Gains (losses) included in other comprehensive income     (25,620)    
Interest income     5,818    
Purchases, sales and repayments          
Purchases, net     148,590    
Proceeds from sales     0    
Proceeds from repayments     (116,857)    
Originations and other     0    
Balance, ending 924,734   924,734    
Recurring Basis | Level 3 | Derivatives          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     111,778    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Reversal for credit losses on securities     0    
Change in fair value of excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Included in servicing revenue     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     (50,204)    
Gains (losses) included in other comprehensive income     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 61,574   61,574    
Recurring Basis | Level 3 | Properties and Residential Mortgage Loans          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     2,423,337    
Transfers          
Transfers from Level 3     (776,774)    
Transfers to Level 3     0    
Gain (loss) included in net income          
Reversal for credit losses on securities     0    
Change in fair value of excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Included in servicing revenue     0    
Servicer advance investments     0    
Residential mortgage loans     (132,397)    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     (2,734)    
Gains (losses) included in other comprehensive income     0    
Interest income     0    
Purchases, sales and repayments          
Purchases, net     1,586,374    
Proceeds from sales     (1,865,401)    
Proceeds from repayments     (162,733)    
Originations and other     (1,162)    
Balance, ending 1,068,510   1,068,510    
Recurring Basis | Level 3 | Consumer Loans          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     507,291    
Transfers          
Transfers from Level 3     0    
Transfers to Level 3     0    
Gain (loss) included in net income          
Reversal for credit losses on securities     0    
Change in fair value of excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Included in servicing revenue     0    
Servicer advance investments     0    
Consumer loans     (20,964)    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     0    
Gains (losses) included in other comprehensive income        
Interest income     7,695    
Purchases, sales and repayments          
Purchases, net     14,350    
Proceeds from sales     0    
Proceeds from repayments     0    
Originations and other     (84,637)    
Balance, ending 423,735   423,735    
Recurring Basis | Level 3 | Notes and Loans Receivable          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     290,180    
Transfers          
Transfers from Level 3     (1,000)    
Transfers to Level 3     0    
Gain (loss) included in net income          
Reversal for credit losses on securities     0    
Change in fair value of excess MSRs     0    
Change in fair value of excess MSRs, equity method investees     0    
Included in servicing revenue     0    
Servicer advance investments     0    
Residential mortgage loans     0    
Consumer loans     0    
Gain (loss) on settlement of investments, net     0    
Other income (loss), net     (9,628)    
Gains (losses) included in other comprehensive income     0    
Interest income     6,792    
Purchases, sales and repayments          
Purchases, net     0    
Proceeds from sales     0    
Proceeds from repayments     (68,751)    
Originations and other     0    
Balance, ending 217,593   217,593    
Recurring Basis | Level 3 | Mortgage Loans Receivable          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning     1,515,762    
Transfers          
Transfers from Level 3     (405,286)    
Transfers to Level 3        
Gain (loss) included in net income          
Reversal for credit losses on securities        
Change in fair value of excess MSRs        
Change in fair value of excess MSRs, equity method investees        
Included in servicing revenue        
Servicer advance investments        
Residential mortgage loans        
Consumer loans        
Gain (loss) on settlement of investments, net     (43,868)    
Other income (loss), net        
Gains (losses) included in other comprehensive income        
Interest income        
Purchases, sales and repayments          
Purchases, net        
Proceeds from sales        
Proceeds from repayments     (704,398)    
Originations and other     1,041,002    
Balance, ending $ 1,403,212   $ 1,403,212