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Rights to MSRs (Tables) | 12 Months Ended
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Dec. 31, 2018
Transfers and Servicing [Abstract] |
Schedule of Interest Expense Related to Financial Liability | The following table presents the assets and liabilities recorded on our consolidated balance sheets as well as the impacts to our consolidated statements of operations in connection with our NRZ agreements.
| Years Ended December 31,
| 2018 |  | 2017 |  | 2016
Balance Sheets |  |  |  |  |
MSRs, at fair value | $ | 894,002 |  |  | $ | 499,042 |  |  | $ | 477,707 |
Due from NRZ | 25,196 |  |  | 14,924 |  |  | 21,873 |
Due to NRZ (1) | 53,001 |  |  | 98,493 |  |  | 83,248 |
Financing liability - MSRs pledged, at fair value | 1,032,856 |  |  | 508,291 |  |  | 477,707 |
Statements of Operations |  |  |  |  |
Servicing fees collected on behalf of NRZ | $ | 539,039 |  |  | $ | 549,411 |  |  | $ | 633,545 |
Less: Subservicing fee retained | 142,334 |  |  | 295,192 |  |  | 337,727 |
Net servicing fees remitted to NRZ | 396,705 |  |  | 254,219 |  |  | 295,818 |
Less: Reduction (increase) in financing liability |  |  |  |  |
Changes in fair value: |  |  |  |  |
Original Rights to MSRs Agreements | 171 |  |  | (83,300 | ) |  | (2,580 | )
2017 Agreements and New RMSR Agreements | 14,369 |  |  | 42,018 |  |  | — |
PHH MSR Agreements | 4,729 |  |  | — |  |  | — |
| 19,269 |  |  | (41,282 | ) |  | (2,580 | )
Runoff, settlement and other: |  |  |  |  |
Original Rights to MSRs Agreements | 50,620 |  |  | 57,264 |  |  | 63,997 |
2017 Agreements and New RMSR Agreements | 136,700 |  |  | 1,926 |  |  | — |
PHH MSR Agreements | 18,446 |  |  | — |  |  | — |
| 205,766 |  |  | 59,190 |  |  | 63,997 |
Interest expense | $ | 171,670 |  |  | $ | 236,311 |  |  | $ | 234,401 |
(1) | Amounts collected on behalf of NRZ for advances and servicing fees.

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- Definition Tabular disclosure of interest expense related to financing liability recorded in connection with the sale of rights to mortgage servicing rights. + References No definition available. + Details
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