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RESIDENTIAL MORTGAGE LOANS - Schedule of Activity for Residential Mortgage Loans at Fair Value (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]    
Loans HFS, beginning balance [1] $ 2,540,742  
Transfer of loans to REO (6,327) $ (21,135)
Impairment (loss) reversal 3,509 $ (6,455)
Loans HFS, ending balance [1] 3,185,873  
Residential Portfolio Segment    
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]    
Loans HFS, beginning balance 2,919,786  
Originations 41,452,524  
Sales (41,413,104)  
Purchases/additional fundings 1,140,787  
Proceeds from repayments (119,745)  
Transfer of loans (to) from other assets (458,028)  
Transfer of loans to REO (6,327)  
Transfers of loans to HFS (52)  
Transfer of loans from HFI 52  
Impairment (loss) reversal 4,964  
Changes in instrument-specific credit risk 35,488  
Other factors 7,560  
Loans HFS, ending balance 3,563,905  
Loans HFI, at Fair Value | Residential Portfolio Segment    
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]    
Loans HFI, beginning balance 379,044  
Originations 0  
Sales 0  
Purchases/additional fundings 0  
Proceeds from repayments (34,729)  
Transfer of loans (to) from other assets 0  
Transfer of loans to REO (2,266)  
Transfers of loans to HFS (52)  
Transfer of loans from HFI 0  
Impairment (loss) reversal 0  
Changes in instrument-specific credit risk 24,135  
Other factors 11,900  
Loans HFI, ending balance 378,032  
Residential Mortgage Loans, Held-for-Sale | Residential Portfolio Segment | Loans HFS, at Lower of Cost or Fair Value    
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]    
Loans HFS, beginning balance 78,877  
Originations 0  
Sales (2,307)  
Purchases/additional fundings 0  
Proceeds from repayments (7,594)  
Transfer of loans (to) from other assets (2,730)  
Transfer of loans to REO (1,271)  
Transfers of loans to HFS 0  
Transfer of loans from HFI 0  
Impairment (loss) reversal 4,964  
Changes in instrument-specific credit risk 0  
Other factors 0  
Loans HFS, ending balance 69,939  
Residential Mortgage Loans, Held-for-Sale | Residential Portfolio Segment | Loans HFS, at Fair Value    
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]    
Loans HFS, beginning balance 2,461,865  
Originations 41,452,524  
Sales (41,410,797)  
Purchases/additional fundings 1,140,787  
Proceeds from repayments (77,422)  
Transfer of loans (to) from other assets (455,298)  
Transfer of loans to REO (2,790)  
Transfers of loans to HFS 0  
Transfer of loans from HFI 52  
Impairment (loss) reversal 0  
Changes in instrument-specific credit risk 11,353  
Other factors (4,340)  
Loans HFS, ending balance $ 3,115,934  
[1] The Company’s consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”) and certain other consolidated VIEs classified as collateralized financing entities (“CFEs”) that are presented separately and measured under the CFE election. VIE assets can only be used to settle obligations and liabilities of the VIEs. VIE creditors do not have recourse to Rithm Capital Corp. As of September 30, 2024 and December 31, 2023, total assets of such consolidated VIEs were $5.4 billion and $5.6 billion, respectively, and total liabilities of such consolidated VIEs were $4.4 billion and $4.7 billion, respectively. See Note 20 for further details.