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Fair Value - Schedule of Reconciliation of Changes in Fair Value of Level 3 Assets and Liabilities (Details) - Level 3 [Member] - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance $ 340,769 $ 416,950 $ 326,404 $ (406,749)
Purchases, issuances, sales and settlements:        
Purchases 144 116 144 116
Issuances 80,106 920 151,409 (3,593)
Transfer from MSRs, at amortized cost       839,157
Sales (1) (68,072) (143) (68,989)
Settlements (64,000) 13,398 (93,465) [1] 33,096 [1]
Purchases, issuances, sales and settlements, total 16,249 (53,638) 57,945 799,787
Total realized and unrealized gains and (losses):        
Included in earnings (20,577) (12,575) (47,908) [2] (42,301) [2]
Included in Other comprehensive income 0 0 0 [2] 0 [2]
Total realized and unrealized gains and (losses) (20,577) (12,575) (47,908) [2] (42,301) [2]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 336,441 350,737 336,441 350,737
Loans Held for Investment - Reverse Mortgages [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 2,771,242 1,808,141 2,488,253 1,550,141
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0
Issuances 371,607 295,131 675,665 530,402
Transfer from MSRs, at amortized cost       0
Sales 0 0 0 0
Settlements (151,600) (37,690) (238,838) [1] (63,923) [1]
Purchases, issuances, sales and settlements, total 220,007 257,441 436,827 466,479
Total realized and unrealized gains and (losses):        
Included in earnings 66,315 31,610 132,484 [2] 80,572 [2]
Included in Other comprehensive income 0 0 0 [2] 0 [2]
Total realized and unrealized gains and (losses) 66,315 31,610 132,484 [2] 80,572 [2]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 3,057,564 2,097,192 3,057,564 2,097,192
HMBS - Related Borrowings [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (2,648,100) (1,702,397) (2,391,362) (1,444,252)
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0
Issuances (289,807) (294,241) (522,981) (532,856)
Transfer from MSRs, at amortized cost       0
Sales 0 0 0 0
Settlements 59,223 37,812 98,876 [1] 63,797 [1]
Purchases, issuances, sales and settlements, total (230,584) (256,429) (424,105) (469,059)
Total realized and unrealized gains and (losses):        
Included in earnings (57,244) (29,172) (120,461) [2] (74,687) [2]
Included in Other comprehensive income 0 0 0 [2] 0 [2]
Total realized and unrealized gains and (losses) (57,244) (29,172) (120,461) [2] (74,687) [2]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance (2,935,928) (1,987,998) (2,935,928) (1,987,998)
Mortgage-Backed Securities [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 8,386 7,701 7,985 7,335
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0
Issuances 0 0 0 0
Transfer from MSRs, at amortized cost       0
Sales 0 0 0 0
Settlements 0 0 0 [1] 0 [1]
Purchases, issuances, sales and settlements, total 0 0 0 0
Total realized and unrealized gains and (losses):        
Included in earnings 677 456 1,078 [2] 822 [2]
Included in Other comprehensive income 0 0 0 [2] 0 [2]
Total realized and unrealized gains and (losses) 677 456 1,078 [2] 822 [2]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 9,063 8,157 9,063 8,157
Financing Liability - MSRs Pledged [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (523,503) (594,495) (541,704) (614,441)
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0
Issuances 0 0 0 0
Transfer from MSRs, at amortized cost       0
Sales 0 0 0 0
Settlements 28,377 13,276 46,578 [1] 33,222 [1]
Purchases, issuances, sales and settlements, total 28,377 13,276 46,578 33,222
Total realized and unrealized gains and (losses):        
Included in earnings 0 0 0 [2] 0 [2]
Included in Other comprehensive income 0 0 0 [2] 0 [2]
Total realized and unrealized gains and (losses) 0 0 0 [2] 0 [2]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance (495,126) (581,219) (495,126) (581,219)
Derivatives [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 570 203 2,042 567
Purchases, issuances, sales and settlements:        
Purchases 144 116 144 116
Issuances 0 0 0 0
Transfer from MSRs, at amortized cost       0
Sales 0 0 0
Settlements 0 0 (81) [1] 0 [1]
Purchases, issuances, sales and settlements, total 144 116 63 116
Total realized and unrealized gains and (losses):        
Included in earnings (514) (164) (1,905) [2] (528) [2]
Included in Other comprehensive income 0 0 0 [2] 0 [2]
Total realized and unrealized gains and (losses) (514) (164) (1,905) [2] (528) [2]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 200 155 200 155
MSRs [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 732,174 897,797 761,190 93,901
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0
Issuances (1,694) 30 (1,275) (1,139)
Transfer from MSRs, at amortized cost       839,157
Sales (1) (68,072) (143) (68,989)
Settlements 0 0 0 [1] 0 [1]
Purchases, issuances, sales and settlements, total (1,695) (68,042) (1,418) 769,029
Total realized and unrealized gains and (losses):        
Included in earnings (29,811) (15,305) (59,104) [2] (48,480) [2]
Included in Other comprehensive income 0 0 0 [2] 0 [2]
Total realized and unrealized gains and (losses) (29,811) (15,305) (59,104) [2] (48,480) [2]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance $ 700,668 $ 814,450 $ 700,668 $ 814,450
[1] In the event of a transfer to another party of servicing related to Rights to MSRs, we are required to reimburse NRZ at predetermined contractual rates for the loss of servicing revenues. Settlements for Financing liability - MSRs pledged for the six months ended June 30, 2015 includes $2.2 million of such reimbursements.
[2] Total losses attributable to derivative financial instruments still held at June 30, 2016 and June 30, 2015 were $1.9 million and $0.5 million for the six months ended June 30, 2016 and 2015, respectively. Total losses attributable to MSRs still held at June 30, 2016 and June 30, 2015 were $58.5 million and $40.9 million for the six months ended June 30, 2016 and 2015, respectively.