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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 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance $ 336,441 $ 350,737 $ 326,404 $ (406,749)
Purchases, issuances, sales and settlements:        
Purchases 638 2,084 782 2,201
Issuances 212,393 (20,468) 363,802 (24,061)
Transfer from MSRs, at amortized cost       839,157
Sales (5) (2,329) (148) (71,318)
Settlements (225,715) 23,303 (319,177) 56,745
Purchases, issuances, sales and settlements, total (12,689) 2,590 45,259 802,724
Total realized and unrealized gains and (losses):        
Included in earnings 2,688 (26,089) (45,223) [1] (68,737) [1]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 326,440 327,238 326,440 327,238
Loans Held for Investment - Reverse Mortgages [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 3,057,564 2,097,192 2,488,253 1,550,141
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0
Issuances 509,900 250,600 1,185,565 781,002
Transfer from MSRs, at amortized cost       0
Sales 0 0 0 0
Settlements (289,428) (41,582) (528,263) (105,505)
Purchases, issuances, sales and settlements, total 220,472 209,018 657,302 675,497
Total realized and unrealized gains and (losses):        
Included in earnings 61,605 13,305 194,086 [1] 93,877 [1]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 3,339,641 2,319,515 3,339,641 2,319,515
HMBS - Related Borrowings [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (2,935,928) (1,987,998) (2,391,362) (1,444,252)
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0
Issuances (297,457) (271,068) (820,438) (803,924)
Transfer from MSRs, at amortized cost       0
Sales 0 0 0 0
Settlements 63,119 43,725 161,995 107,522
Purchases, issuances, sales and settlements, total (234,338) (227,343) (658,443) (696,402)
Total realized and unrealized gains and (losses):        
Included in earnings (54,344) (14,263) (174,805) [1] (88,950) [1]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance (3,224,610) (2,229,604) (3,224,610) (2,229,604)
Mortgage-Backed Securities [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 9,063 8,157 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 0
Purchases, issuances, sales and settlements, total 0 0 0 0
Total realized and unrealized gains and (losses):        
Included in earnings (23) 384 1,055 [1] 1,206 [1]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 9,040 8,541 9,040 8,541
Financing Liability - MSRs Pledged [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (495,126) (581,219) (541,704) (614,441) [2]
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0 [2]
Issuances 0 0 0 0 [2]
Transfer from MSRs, at amortized cost [2]       0
Sales 0 0 0 0 [2]
Settlements 594 21,160 47,172 54,382 [2]
Purchases, issuances, sales and settlements, total 594 21,160 47,172 54,382 [2]
Total realized and unrealized gains and (losses):        
Included in earnings 0 0 0 [1] 0 [1],[2]
Transfers in and / or out of Level 3 0 0 0 0 [2]
Ending balance (494,532) (560,059) [2] (494,532) (560,059) [2]
Derivatives [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 200 155 2,042 567
Purchases, issuances, sales and settlements:        
Purchases 638 2,084 782 2,201
Issuances 0 0 0 0
Transfer from MSRs, at amortized cost       0
Sales 0 0 0
Settlements 0 0 (81) 346
Purchases, issuances, sales and settlements, total 638 2,084 701 2,547
Total realized and unrealized gains and (losses):        
Included in earnings (45) (738) (1,950) [1] (1,613) [1]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance 793 1,501 793 1,501
MSRs [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 700,668 814,450 761,190 93,901
Purchases, issuances, sales and settlements:        
Purchases 0 0 0 0
Issuances (50) 0 (1,325) (1,139)
Transfer from MSRs, at amortized cost       839,157
Sales (5) (2,329) (148) (71,318)
Settlements 0 0 0 0
Purchases, issuances, sales and settlements, total (55) (2,329) (1,473) 766,700
Total realized and unrealized gains and (losses):        
Included in earnings (4,505) (24,777) (63,609) [1] (73,257) [1]
Transfers in and / or out of Level 3 0 0 0 0
Ending balance $ 696,108 $ 787,344 $ 696,108 $ 787,344
[1] Total losses attributable to derivative financial instruments still held at September 30, 2016 and September 30, 2015 were $0.5 million and $1.3 million for the nine months ended September 30, 2016 and 2015, respectively. Total losses attributable to MSRs still held at September 30, 2016 and September 30, 2015 were $62.4 million and $65.1 million for the nine months ended September 30, 2016 and 2015, respectively.
[2] 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 nine months ended September 30, 2015 include $2.2 million of such reimbursements. There have been no such payments in 2016.