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RECENT ACTIVITIES (Details Narrative) (USD $)
In Thousands, except Per Share data, unless otherwise specified |
0 Months Ended | 3 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 1 Months Ended | 12 Months Ended | 0 Months Ended | ||||||||||||||||||||||||||||||
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Mar. 19, 2014
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Dec. 31, 2013
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Sep. 30, 2013
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Jun. 30, 2013
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Dec. 31, 2013
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Mar. 25, 2014
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Dec. 31, 2012
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Jan. 08, 2014
Master Credit Suisse Repurchase Agreement
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Jun. 27, 2013
Agency RMBS
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Dec. 31, 2013
Agency RMBS
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Mar. 14, 2014
Agency RMBS
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Mar. 06, 2014
Non-Agency RMBS
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Dec. 31, 2013
Non-Agency RMBS
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Dec. 31, 2012
Non-Agency RMBS
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Mar. 07, 2014
Servicer Advance Joint Venture
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Feb. 28, 2014
Servicer Advance Joint Venture
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Dec. 17, 2013
Servicer Advance Joint Venture
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Dec. 31, 2013
Servicer Advance Joint Venture
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Mar. 18, 2014
NRART Master Trust
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Mar. 18, 2014
NRART Master Trust
Prepaid Variable Funding Notes
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Mar. 18, 2014
NRART Master Trust
Prepaid Variable Funding Notes
Lower Range
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Mar. 18, 2014
NRART Master Trust
Prepaid Variable Funding Notes
Upper Range
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Mar. 18, 2014
NRART Master Trust
Prepaid Term Notes
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Dec. 31, 2013
Subsequent Event
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Dec. 31, 2012
Subsequent Event
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Dec. 31, 2013
Subsequent Event
Agency RMBS
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Dec. 31, 2013
Subsequent Event
Non-Agency RMBS
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Dec. 31, 2013
Subsequent Event
Servicer Advance Joint Venture
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Jan. 15, 2014
Nonperforming Residential Mortgage Loans Tranche 1
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Jan. 15, 2014
Nonperforming Residential Mortgage Loans Tranche 1
Royal Bank of Scotland
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Jan. 15, 2014
Nonperforming Residential Mortgage Loans Tranche 2
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Jan. 15, 2014
Nonperforming Residential Mortgage Loans Tranche 2
Credit Suisse
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Jan. 17, 2014
MSRs Pool 17
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Dec. 31, 2013
MSRs
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Dec. 31, 2012
MSRs
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Nov. 30, 2012
MSRs
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Dec. 31, 2013
MSRs
Excess Mortgage Servicing Rights Investees
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Dec. 31, 2013
MSRs
Excess Mortgage Servicing Rights Investees
GSE Residential Mortgage Loans
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| Servicer advance investments settled | $ 509,400 | ||||||||||||||||||||||||||||||||||||||||
| Purchase of servicer advance investments | 670,820 | 299,100 | 756,200 | 2,100,000 | |||||||||||||||||||||||||||||||||||||
| Notes payable issued for purchase | 2,400,000 | 1,700,000 | |||||||||||||||||||||||||||||||||||||||
| Increase in restricted cash | 2,790 | 9,800 | |||||||||||||||||||||||||||||||||||||||
| Nationstar payment made for targeted return shortfall | 9,800 | ||||||||||||||||||||||||||||||||||||||||
| Contributions from co-investor | 37,000 | 105,000 | |||||||||||||||||||||||||||||||||||||||
| Amount invested | 19,100 | ||||||||||||||||||||||||||||||||||||||||
| Unpaid principal balance of underlying mortgage | 8,100,000 | 13,100,000 | |||||||||||||||||||||||||||||||||||||||
| Amount committed to invest in joint venture | 172,400 | 1,500 | 32,300 | ||||||||||||||||||||||||||||||||||||||
| Additional UPB to be acquired by New Residential | 900,000 | ||||||||||||||||||||||||||||||||||||||||
| Repayments of notes payable | 59,149 | 5,900 | |||||||||||||||||||||||||||||||||||||||
| Increase in UPB if MSRs are closed | 900,000 | ||||||||||||||||||||||||||||||||||||||||
| Face amount of securities purchased | 22,700 | 608,900 | 625,000 | 1,300,000 | 193,800 | 391,700 | 740,600 | ||||||||||||||||||||||||||||||||||
| Purchase of real estate securities | 605,114 | 1,200 | 645,500 | 553,000 | 835,600 | 121,300 | 242,800 | ||||||||||||||||||||||||||||||||||
| Face amount of securities sold | 729,700 | 154,200 | 437,900 | ||||||||||||||||||||||||||||||||||||||
| Proceeds from sale of real estate securities | 521,865 | 162,900 | 248,500 | ||||||||||||||||||||||||||||||||||||||
| Gain on sale of real estate securities | 52,700 | 700 | 3,800 | ||||||||||||||||||||||||||||||||||||||
| Unpaid principal balance of underlying loans | 170,100 | 300,000 | 65,600 | 25,300 | 78,953,614 | 76,560,751 | 13,000,000 | 173,619,478 | |||||||||||||||||||||||||||||||||
| Purchases of non-performing loans | 92,700 | 60,100 | 33,700 | ||||||||||||||||||||||||||||||||||||||
| Debt face amount | 4,109,329 | 4,109,329 | 150,000 | 1,100,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||
| Variable interest rate basis description | One-month LIBOR | One-month LIBOR | One-month LIBOR | ||||||||||||||||||||||||||||||||||||||
| Variable Interest Rate Spread | 4.00% | 1.375% | 2.50% | 3.00% | |||||||||||||||||||||||||||||||||||||
| Interest rate | 1.90% | ||||||||||||||||||||||||||||||||||||||||
| Carrying value | 4,109,329 | 4,109,329 | 150,922 | 1,900,000 | |||||||||||||||||||||||||||||||||||||
| TBA agreements with a long notional amount | 625,000 | ||||||||||||||||||||||||||||||||||||||||
| TBA agreements with a short notional amount | 750,000 | ||||||||||||||||||||||||||||||||||||||||
| Short-term US Treasury Note held | 300,000 | ||||||||||||||||||||||||||||||||||||||||
| Percentage of mezzanine and subordinate tranche purchased | 75.00% | ||||||||||||||||||||||||||||||||||||||||
| Mortgage loans pledged | $ 900,000 | ||||||||||||||||||||||||||||||||||||||||
| Dividend declared per share | $ 0.175 | $ 0.25 | $ 0.175 | $ 0.07 | $ 0.495 | [1] | |||||||||||||||||||||||||||||||||||
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