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Fair Value - Summary of Reconciliation of the Changes in Fair Value of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Total realized and unrealized gains and (losses):      
Included in earnings $ (78,300) $ (90,300)  
Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 326,404 (406,749) $ (514,891)
Purchases, issuances, sales and settlements:      
Purchases 1,337 3,513 8,464
Issuances 18,703 (18,724) 33,872
Transfer from MSRs carried at amortized cost   839,157  
Transfers from Loans held for sale, at fair value     110,874
Sales (148) (72,274) 0
Settlements [1] 50,290 74,965 (33,483)
Purchases, issuances, sales and settlements, total 70,182 826,637 119,727
Total realized and unrealized gains and (losses):      
Included in earnings (52,924) [2] (93,484) [2] (11,585)
Included in Other comprehensive income 0 [2] 0 [2] 0
Total realized and unrealized gains and (losses) (52,924) [2] (93,484) [2] (11,585)
Transfers in and / or out of Level 3 0 0 0
Ending balance 343,662 326,404 (406,749)
Loans Held for Investment [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 2,488,253 1,550,141 618,018
Purchases, issuances, sales and settlements:      
Purchases 0 0 0
Issuances 1,107,046 1,008,065 816,881
Transfer from MSRs carried at amortized cost   0  
Transfers from Loans held for sale, at fair value     110,874
Sales 0 0 0
Settlements [1] (243,596) (151,134) (99,923)
Purchases, issuances, sales and settlements, total 863,450 856,931 827,832
Total realized and unrealized gains and (losses):      
Included in earnings 214,013 [2] 81,181 [2] 104,291
Included in Other comprehensive income 0 [2] 0 [2] 0
Total realized and unrealized gains and (losses) 214,013 [2] 81,181 [2] 104,291
Transfers in and / or out of Level 3 0 0 0
Ending balance 3,565,716 2,488,253 1,550,141
HMBS - Related Borrowings [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance (2,391,362) (1,444,252) (615,576)
Purchases, issuances, sales and settlements:      
Purchases 0 0 0
Issuances (1,086,795) (1,024,361) (783,009)
Transfer from MSRs carried at amortized cost   0  
Transfers from Loans held for sale, at fair value     0
Sales 0 0 0
Settlements [1] 230,045 153,016 47,077
Purchases, issuances, sales and settlements, total (856,750) (871,345) (735,932)
Total realized and unrealized gains and (losses):      
Included in earnings (185,669) [2] (75,765) [2] (92,744)
Included in Other comprehensive income 0 [2] 0 [2] 0
Total realized and unrealized gains and (losses) (185,669) [2] (75,765) [2] (92,744)
Transfers in and / or out of Level 3 0 0 0
Ending balance (3,433,781) (2,391,362) (1,444,252)
Mortgage Backed Securities [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 7,985 7,335 0
Purchases, issuances, sales and settlements:      
Purchases 0 0 7,677
Issuances 0 0 0
Transfer from MSRs carried at amortized cost   0  
Transfers from Loans held for sale, at fair value     0
Sales 0 0 0
Settlements [1] 0 0 0
Purchases, issuances, sales and settlements, total 0 0 7,677
Total realized and unrealized gains and (losses):      
Included in earnings 357 [2] 650 [2] (342)
Included in Other comprehensive income 0 [2] 0 [2] 0
Total realized and unrealized gains and (losses) 357 [2] 650 [2] (342)
Transfers in and / or out of Level 3 0   0
Ending balance 8,342 7,985 7,335
Financing Liability - MSRs Pledged [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance [3] (541,704) (614,441) (633,804)
Purchases, issuances, sales and settlements:      
Purchases [3] 0 0 0
Issuances [3] 0 0 0
Transfer from MSRs carried at amortized cost [3]   0  
Transfers from Loans held for sale, at fair value [3]     0
Sales [3] 0 0 0
Settlements [1],[3] 63,997 72,737 19,363
Purchases, issuances, sales and settlements, total [3] 63,997 72,737 19,363
Total realized and unrealized gains and (losses):      
Included in earnings [3] 0 [2] 0 [2] 0
Included in Other comprehensive income [3] 0 [2] 0 [2] 0
Total realized and unrealized gains and (losses) [3] 0 [2] 0 [2] 0
Transfers in and / or out of Level 3 [3] 0 0 0
Ending balance [3] (477,707) (541,704) (614,441)
Derivatives [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 2,042 567 442
Purchases, issuances, sales and settlements:      
Purchases 1,337 2,506 787
Issuances 0 0 0
Transfer from MSRs carried at amortized cost   0  
Transfers from Loans held for sale, at fair value     0
Sales 0 0 0
Settlements [1] (156) 346 0
Purchases, issuances, sales and settlements, total 1,181 2,852 787
Total realized and unrealized gains and (losses):      
Included in earnings (1,387) [2] (1,377) [2] (662)
Included in Other comprehensive income 0 [2] 0 [2] 0
Total realized and unrealized gains and (losses) (1,387) [2] (1,377) [2] (662)
Transfers in and / or out of Level 3 0 0 0
Ending balance 1,836 2,042 567
MSRs [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 761,190 93,901 116,029
Purchases, issuances, sales and settlements:      
Purchases 0 1,007 0
Issuances (1,548) (2,428) 0
Transfer from MSRs carried at amortized cost   839,157  
Transfers from Loans held for sale, at fair value     0
Sales (148) (72,274) 0
Settlements [1] 0 0 0
Purchases, issuances, sales and settlements, total (1,696) 765,462 0
Total realized and unrealized gains and (losses):      
Included in earnings (80,238) [2] (98,173) [2] (22,128)
Included in Other comprehensive income 0 [2] 0 [2] 0
Total realized and unrealized gains and (losses) (80,238) [2] (98,173) [2] (22,128)
Transfers in and / or out of Level 3 0 0 0
Ending balance $ 679,256 $ 761,190 $ 93,901
[1] Settlements for Loans held for investment - reverse mortgages consist chiefly of principal payments received but also may include non-cash settlements of loans.
[2] Total gains (losses) attributable to derivative financial instruments still held at December 31, 2016 and 2015 were $0.3 million and $(1.0) million for 2016 and 2015, respectively. Total losses for 2016 and 2015 attributable to MSRs still held at December 31, 2016 and 2015 were $78.3 million and $90.3 million, respectively.
[3] 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 2015 and 2014 include $2.2 million and $2.0 million, respectively, of such reimbursements. There were no such payments in 2016.