Segment Reporting [Abstract]
Business Segment Reporting
Segment Reporting Disclosure [Text Block]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Foreign currency exchange (losses) gains
Foreign Currency Transaction Gain (Loss), Realized
Earnings Per Share [Abstract]
Basic and Diluted Earnings (Loss) per Share
Earnings Per Share [Text Block]
Other Commitments [Abstract]
Other Commitments [Table]
Other Commitments [Table]
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Minimum
Minimum [Member]
Maximum
Maximum [Member]
Income Statement Location [Axis]
Income Statement Location [Axis]
Income Statement Location [Domain]
Income Statement Location [Domain]
Pledged MSR Liability Expense
Pledged MSR Liability Expense [Member]
Pledged MSR Liability Expense [Member]
Concentration Risk Type [Axis]
Concentration Risk Type [Axis]
Concentration Risk Type [Domain]
Concentration Risk Type [Domain]
Customer Concentration Risk
Customer Concentration Risk [Member]
Concentration Risk Benchmark [Axis]
Concentration Risk Benchmark [Axis]
Concentration Risk Benchmark [Domain]
Concentration Risk Benchmark [Domain]
Unpaid Principal Balance
Unpaid Principal Balance [Member]
Unpaid Principal Balance [Member]
Servicing Portfolio
Servicing Portfolio [Member]
Servicing Portfolio [Member]
Loan Count
Loan Count [Member]
Loan Count [Member]
Delinquent Loans
Delinquent Loans [Member]
Delinquent Loans [Member]
Counterparty Name [Axis]
Counterparty Name [Axis]
Counterparty Name [Domain]
Counterparty Name [Domain]
New Residential Investment Corp
New Residential Investment Corp [Member]
New Residential Investment Corp.
Financial Instrument [Axis]
Financial Instrument [Axis]
Financial Instruments [Domain]
Financial Instruments [Domain]
Floating Rate Reverse Mortgage Loans [Member]
Floating Rate Reverse Mortgage Loans [Member]
Floating rate reverse mortgage loans.
Forward Mortgage Loan Interest Rate Lock Commitments [Member]
Forward Mortgage Loan Interest Rate Lock Commitments [Member]
Forward mortgage loan interest rate lock commitments.
Reverse Mortgage Loan Interest Rate Lock Commitments
Reverse Mortgage Loan Interest Rate Lock Commitments [Member]
Reverse mortgage loan interest rate lock commitments.
Loans Insured or Guaranteed by Government Authorities [Axis]
Loans Insured or Guaranteed by Government Authorities [Axis]
Loans Insured or Guaranteed by Government Authorities [Domain]
Loans Insured or Guaranteed by Government Authorities [Domain]
Ginnie Mae Loans
Ginnie Mae Loans [Member]
Ginnie Mae loans.
GSE Loans
GSE Loans [Member]
GSE Loans [Member]
PLS Loans
PLS Loans [Member]
PLS Loans [Member]
Flex Modifications
Flex Modifications [Member]
Flex Modifications.
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Subsequent Event
Subsequent Event [Member]
Other Commitments [Line Items]
Other Commitments [Line Items]
Term to advance principal and interest until loan is delinquent
Term to Advance Principal and Interest until Loan is Delinquent
Term to Advance Principal and Interest until Loan is Delinquent
Advance reimbursement period
Advance Reimbursement Period
Advance reimbursement period.
Forbearance period
CARES Act, Forbearance Period, COVID-19
CARES Act, Forbearance Period, COVID-19
Additional forbearance period
CARES Act Additional Forbearance Period COVID19
CARES Act Additional Forbearance Period COVID19.
Period to advance scheduled payments for loan to be remittance status
Period To Advance Scheduled Payments For Loan To Be Remittance Status
Period to advance scheduled payments for loan to be remittance status.
Additional borrowing capacity to borrowers
Additional Borrowing Capacity To Borrowers
Additional borrowing capacity to borrowers.
Incentive fees for repayment plans
Incentive Fees For Repayment Plans
Incentive fees for repayment plans.
Short-term commitments to lend
Short-Term Commitments To Lend
Short-term commitments to lend.
Threshold of outstanding principal balance on maximum claim amount (as a percent)
Threshold Percentage Of Outstanding Principal Balance On Maximum Claim Amount
Threshold percentage of outstanding principal balance on maximum claim amount.
Concentration risk (percent)
Concentration Risk, Percentage
Servicing agreements notice of termination
Servicing Agreements Notice Of Termination
Servicing agreements notice of termination.
MSRs, at fair value
Servicing Asset at Fair Value, Amount
MSRs
Servicing Asset
Net servicing fees remitted to NRZ
Bank Servicing Fees, Remitted
Bank Servicing Fees, Remitted
Servicing and subservicing fees
Servicing And Subservicing Fees
This represents the amount of the fee earned, generally expressed as a percent of UPB, from the borrowers’ payments. Also includes late fees, prepayment penalties, float earnings and other ancillary fees.
Other financing liabilities, at fair value
Other Financing Liabilities
Other financing liabilities.
Servicing fees retained
Bank Servicing Fees Retained
Bank Servicing Fees Retained
Subsequent Events [Abstract]
Subsequent Events
Subsequent Events [Text Block]
Other Assets [Abstract]
Contingent loan repurchase asset
Pledged Assets Separately Reported, Loans Pledged for Repurchase Agreements, at Fair Value
Derivatives, at fair value
Derivative, Fair Value, Net
Prepaid expenses
Prepaid Expense
Prepaid representation, warranty and indemnification claims - Agency MSR sale
Prepaid Expense Other, Noncurrent
Prepaid lender fees, net
Debt Issuance Costs, Net
REO
Other Real Estate
Security deposits
Deposits Assets
Deferred tax asset, net
Deferred Income Tax Assets, Net
Mortgage backed securities, at fair value
Mortgage-backed Securities Held-to-maturity, Fair Value Disclosure
Interest-earning time deposits
Time Deposits, at Carrying Value
Other
Prepaid Expense and Other Assets
Other assets
Other Assets
Advances [Abstract]
Advances [Abstract]
Advances On Behalf of Borrowers [Table]
Advances On Behalf of Borrowers [Table]
Advances On Behalf of Borrowers [Table]
Receivable Type [Axis]
Receivable Type [Axis]
Receivable Type [Domain]
Receivable [Domain]
Principal and Interest
Principal And Interest [Member]
Advances on principal and interest.
Taxes and Insurance
Taxes And Insurance [Member]
Advances on taxes and insurance.
Foreclosures, Bankruptcy, REO and Other
Foreclosures And Bankruptcy Costs [Member]
Advances on foreclosures, bankruptcy and other.
Advances On Behalf of Borrowers [Line Items]
Advances On Behalf of Borrowers [Line Items]
[Line Items] for Advances On Behalf of Borrowers [Table]
Advances, gross
Advances Payments On Behalf Of Borrower Gross
Total advance payments made by financial institutions on behalf of borrowers in a servicing relationship.
Allowance for losses
Financing Receivable, Allowance for Credit Loss
Advances, net
Advances Payments On Behalf Of Borrower Net Of Valuation Allowance
Total advance payments net of valuation allowance made by financial institutions on behalf of borrowers in a servicing relationship.
Receivables [Abstract]
Movement In Loans Held For Sale At Fair Value [Roll Forward]
Movement In Loans Held For Sale At Fair Value [Roll Forward]
A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.
Beginning balance
Loans Held For Sale At Lower Of Cost Or Fair Value
Loans held for sale at lower of cost or fair value.
Purchases
Payments for Origination of Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value
Payments for origination of mortgage loans held-for-sale, at lower of cost or fair value.
Proceeds from sales
Proceeds from Sale of Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value
Proceeds from sale of mortgage loans held-for-sale, at lower of cost or fair value.
Principal collections
Proceeds from Principal Payments on Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value
Proceeds from principal payments on mortgage loans held-for-sale, at lower of cost or fair value.
Receivables, net
Transfers to Accounts Receivable from Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value
Transfers to accounts receivable from mortgage loans held-for-sale, at lower of cost or fair value.
REO (Other assets)
Transfers to Real Estate Owned from Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value
Transfers to real estate owned from mortgage loans held-for-sale, at lower of cost or fair value.
Loans held for sale - Fair value
Transfer To Loans Held For Sale At Lower Of Cost Or Fair Value From Mortgage Loans Held For Sale At Fair Value
Value of loans held for sale carried at fair value transferred to loans held for sale at lower of cost or fair value in non-cash transactions.
Gain on sale of loans
Gain (Loss) on Sale of Mortgage Loans Held-for-sale, at Lower Cost or Fair Value
Gain (loss) on sale of mortgage loans held-for-sale, at lower cost or fair value.
Decrease in valuation allowance
(Increase) Decrease in Valuation Allowance of Mortgage Loans Held-for-sale, at Lower Cost or Fair Value
(Increase) decrease in valuation allowance of mortgage loans held-for-sale, at lower cost or fair value.
Other
Other Adjustments to Mortgage Loans Held-for-sale, at Lower Cost or Fair Value
Other adjustments to mortgage loans held-for-sale, at lower cost or fair value.
Ending balance
Transfers and Servicing [Abstract]
Schedule of Servicing Assets at Fair Value [Table]
Schedule of Servicing Assets at Fair Value [Table]
Servicing Assets at Fair Value [Line Items]
Servicing Assets at Fair Value [Line Items]
Servicing transfers and adjustments
Servicing Asset at Fair Value, Other Changes that Affect Balance
Advances
Advances [Text Block]
Disclosure of non-interest-bearing advances made on behalf of borrowers or on foreclosed properties. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors.
Schedule of Cash Flows Related to Transfers Accounted for as Sales
Schedule Of Cash Flows Related To Transfers Accounted For As Sale [Table Text Block]
Schedule Of Cash Flows Related To Transfers Accounted For As Sale [Table Text Block]
Schedule of Assets That Relate to Continuing Involvement with Transferred Financial Assets with Servicing Rights and Maximum Exposure to Loss Including the Unpaid Principal Balance
Schedule Of Assets That Relate To Continuing Involvement With Transferred Financial Assets With Servicing Rights And Maximum Exposure To Loss Including The Unpaid Principal Balance [Table Text Block]
Schedule Of Assets That Relate To Continuing Involvement With Transferred Financial Assets With Servicing Rights And Maximum Exposure To Loss Including The Unpaid Principal Balance [Table Text Block]
Schedule of Mortgage Servicing Rights Assets and Liabilities
Schedule Of Mortgage Servicing Rights Assets And Liabilities [Table Text Block]
Schedule Of Mortgage Servicing Rights Assets And Liabilities [Table Text Block]
Schedule of Carrying Value of Assets and Liabilities of Consolidated Mortgage-backed Securitization Trusts
Schedule of Carrying Value of Assets and Liabilities of Consolidated Mortgage-backed Securitization Trusts [Table Text Block]
Tabular disclosure of the carrying value and classification of the assets and liabilities of two consolidated mortgage-backed securitization trusts included in consolidated balance sheet as a result of residual securities issued by the trust that was acquired.
Brokers and Dealers [Abstract]
Regulatory Requirements
Regulatory Requirements [Text Block]
Description of regulatory oversight by federal, state, local and foreign governmental authorities that apply to the business.
Fair Value Disclosures [Abstract]
Fair Value, Recurring and Nonrecurring [Table]
Fair Value, Recurring and Nonrecurring [Table]
Liability Class [Axis]
Liability Class [Axis]
Fair Value by Liability Class [Domain]
Fair Value by Liability Class [Domain]
Financing Liability - MSRs Pledged
Financing Liability Mortgage Servicing Rights Pledged [Member]
Financing liability mortgage servicing rights pledged.
Financing Liability Owed to Securitization Investors
Financing Liability Owed to Securitization Investors [Member]
Financing liability owed to securitization investors.
Loans Held for Investment Securitization Trusts
Loans Held for Investment Securitization Trusts [Member]
Loans held for investment securitization trusts.
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
Level 2
Fair Value, Inputs, Level 2 [Member]
Level 3
Fair Value, Inputs, Level 3 [Member]
Level 1
Fair Value, Inputs, Level 1 [Member]
Measurement Basis [Axis]
Measurement Basis [Axis]
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Portion at Fair Value Measurement
Portion at Fair Value Measurement [Member]
Carrying Value
Reported Value Measurement [Member]
Fair Value
Estimate of Fair Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets
Financial Assets [Abstract]
-- None. No documentation exists for this element. --
Loans held for sale
Loans Held For Sale At Fair Value [Abstract]
-- None. No documentation exists for this element. --
Loans held for sale, at fair value
Loans Held-for-sale, Fair Value Disclosure
Loans held for sale, at lower of cost or fair value
Loans Held For Sale At Lower Cost Fair Value Disclosure
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents loans held-for-sale at lower cost of fair value as presented on the statement of financial position which may include mortgage loans held-for-sale, finance receivables held-for-sale, or any other loans classified as held-for-sale which are due the Company as of the balance sheet date.
Total Loans held for sale
Mortgages Held-for-sale, Fair Value Disclosure
Loans held for investment
Loans Held for Investment, Fair Value Disclosure
This element represents the home equity conversion mortgages insured by FHA.
Advances (including match funded)
Advances and Match Funded Advances Fair Value Disclosure
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents advances and match funded advances.
Receivables, net
Receivables, Fair Value Disclosure
Mortgage-backed securities, at fair value
Mortgage-backed Securities Available-for-sale, Fair Value Disclosure
Corporate bonds
Financial Instruments, Owned, Corporate Debt, at Fair Value
Financial liabilities:
Financial Liabilities [Abstract]
-- None. No documentation exists for this element. --
Advance match funded liabilities
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount
HMBS-related borrowings
Home Equity Conversion Mortgage-Backed Securities Related Borrowings At Fair Value
This represents the amount of liability which is a resultant of reverse mortgage loans sold into the secondary with servicing rights retained. As the transfer of these loans do not meet the definition of participating interest because of the servicing requirement that requires the issuer to absorb some level of risk, these transfers are accounted for as financing.
Financing liabilities:
Financing Liabilities [Abstract]
Financing Liabilities [Abstract]
Total Financing liabilities
Long-term Debt, Gross
Other secured borrowings:
Secured Debt [Abstract]
Senior secured term loan
Senior Notes, Noncurrent
Other
Other Borrowings
Other secured borrowings, net (amounts related to VIEs $200,006 and $240,893)
Secured Debt, Other
Senior Notes [Abstract]
Senior Notes [Abstract]
Senior unsecured notes
Unsecured Debt
Senior secured notes
Secured Debt
Senior notes, net
Senior Notes
Derivative financial instruments assets (liabilities):
Derivative Instrument Detail [Abstract]
Interest rate lock commitments
Interest Rate Derivative Assets, at Fair Value
Forward trades - Loans held for sale
Forward Mortgage Backed Securities Trades
Fair value as of the balance sheet date of forward mortgage-backed securities trades, which provides economic hedge against those changes in fair value on mortgage loans from the date of closing loans with borrowers to the date till those loans are sold in secondary market.
TBA / Forward mortgage-backed securities (MBS) trades and futures - MSR hedging
TBA/Forward Mortgage Backed Securities Trades
TBA/Forward Mortgage Backed Securities Trades
Mortgage servicing rights
Mortgage Service Rights [Abstract]
Mortgage Service Rights [Abstract]
Mortgage servicing rights, at fair value
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-term Debt Instruments [Table]
Investment, Name [Axis]
Investment, Name [Axis]
Investment, Name [Domain]
Investment, Name [Domain]
Residential Mortgage Backed Securities
Investment In Residential Mortgage Backed Securities [Member]
Investment In Residential Mortgage Backed Securities [Member]
EBO And PLS Mortgage Servicing Rights
EBO And PLS Mortgage Servicing Rights [Member]
EBO And PLS Mortgage Servicing Rights [Member]
Mortgage Servicing Rights [Axis]
Mortgage Servicing Rights [Axis]
-- None. No documentation exists for this element. --
MortgageServicingRights [Domain]
MortgageServicingRights [Domain]
-- None. No documentation exists for this element. --
Certain Cohorts
Certain Cohorts [Member]
Certain Cohorts [Member]
Lien Category [Axis]
Lien Category [Axis]
Lien Category [Domain]
Lien Category [Domain]
Advance Match Funded Liabilities
Match Funded Liabilties [Member]
Specific interest-bearing liability.
Financing Liabilities
Financing Liabilities [Member]
Financing liabilities.
Mortgage Warehouse Agreement
Mortgage Warehouse Agreement [Member]
Represents mortgage warehouse agreement.
Sale and Other Commitments
Sale and Other Commitments [Member]
Sale and other commitments.
Other Liabilities
Other Liabilities [Member]
Debt Instrument [Line Items]
Debt Instrument [Line Items]
Cash and cash equivalents
Cash
Restricted cash (amounts related to variable interest entities (VIEs) of $17,373 and $20,434)
Restricted Cash and Cash Equivalents
Advances, net (amounts related to VIEs of $726,856 and $801,990)
Advances
Carrying amount as of the balance sheet date of non-interest-bearing advances made on loans serviced for others. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors.
Loans held for sale
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance
Loans held for investment, at fair value (amounts related to VIEs of $11,664 and $23,342)
Loans Receivable, Fair Value Disclosure
Receivables, net
Other Receivables
Premises and equipment, net
Property, Plant and Equipment, Net
Other assets
Total assets
Assets
MSRs, at fair value
Servicing Liability at Fair Value, Amount
Schedule of Accounts, Notes, Loans and Financing Receivable [Table]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans repurchase obligation
Repurchase Obligation Of Loans Held For Sale At Lower Of Cost Or Fair Value
Loans repurchase obligation due to material breach of contractual representations and warranties associated with the agreements pursuant with our transfers of loans.
Number of days from fiscal year end that servicer is obliged to provide audited financial statements
Number Of Days From Fiscal Year End That Servicer Is Obliged To Provide Audited Financial Statements
Number of days from fiscal year end that servicer is obliged to provide audited financial statements.
Net worth requirement
Banking Regulation, Total Risk-Based Capital, Capital Adequacy, Minimum
Net worth
Banking Regulation, Total Capital, Actual
Outstanding amount of debt forgiveness for borrowers
Outstanding Amount Of Debt Forgiveness For Borrowers
Outstanding amount of debt forgiveness for borrowers.
Government-insured loan claims
Servicing Receivable, Government-Insured Loan Claims
Servicing Receivable, Government-Insured Loan Claims
Sales and transfers of MSRs - Due from NRZ
Amount Due On Sales Of Mortgage Servicing Rights And Advances
Represents the amount due from purchaser of mortgage servicing rights and advances in an asset sale agreement.
Subservicing fees and reimbursable expenses - Due from NRZ
Counter Party Receivables
Counter party receivables.
Reimbursable expenses
Servicing Receivable, Reimbursable Expenses
Servicing Receivable, Reimbursable Expenses
Due from custodial accounts
Servicing Receivable, Due From Custodial Accounts
Servicing Receivable, Due From Custodial Accounts
Other
Servicing Receivable, Other
Servicing Receivable, Other
Servicing receivable, total
Servicing Receivable Net
Amounts due to the servicing business and primarily include reimbursable expenditures due from investors and amounts to be recovered from the custodial accounts of the trustees.
Income taxes receivable
Income Taxes Receivable
Other receivables
Other Receivables Net
The carrying amount of other receivables, net, due from third parties or arising from transactions not separately disclosed.
Other receivables, gross
Other Receivables, Gross
Other Receivables, Gross
Allowance for losses
Other Receivables, Allowance For Losses
Other Receivables, Allowance For Losses
Receivables, net
Mortgage Servicing Rights Title Retained
Mortgage Servicing Rights Title Retained [Member]
Mortgage Servicing Rights Title Retained.
Credit Facility [Axis]
Credit Facility [Axis]
Credit Facility [Domain]
Credit Facility [Domain]
Senior Secured Term Loan
Senior Secured Term Loan [Member]
Specific secured line of credit.
Long-term Debt, Type [Axis]
Long-term Debt, Type [Axis]
Long-term Debt, Type [Domain]
Long-term Debt, Type [Domain]
Senior Notes
Senior Notes [Member]
Secured Debt
Secured Debt [Member]
Debt Instrument [Axis]
Debt Instrument [Axis]
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
8.375% Senior Secured Notes Due In 2022
Eight Point Three Seven Five Senior Secured Notes Due In Two Thousand Twenty Two [Member]
8.375% Senior Secured Notes Due 2022.
Available borrowing capacity
Debt Instrument, Unused Borrowing Capacity, Amount
UPB of rights to MSRs sold
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages
Outstanding servicing advances
Outstanding Servicing Advances
Outstanding servicing advances in connection with rights to MSRs sold.
Interest rate (as a percent)
Debt Instrument, Interest Rate, Stated Percentage
Redemption period, notice
Debt Instrument, Redemption Period Notice
Debt Instrument, Redemption Period Notice
Percentage of principal amount, repurchase price
Debt Instrument, Change Of Control, Purchase Price, Percentage
Debt Instrument, Change Of Control, Purchase Price, Percentage
Percentage of loan to value
Percentage Of Loan To Collateral Value
Percentage of loan to collateral value.
Minimum unencumbered asset coverage ratio, period one
Debt Instrument, Covenant Terms, Minimum Unencumbered Asset Coverage Ratio, Period One
Debt Instrument, Covenant Terms, Minimum Unencumbered Asset Coverage Ratio, Period One
Minimum unencumbered asset coverage ratio, period two
Debt Instrument, Covenant Terms, Minimum Unencumbered Asset Coverage Ratio, Period Two
Debt Instrument, Covenant Terms, Minimum Unencumbered Asset Coverage Ratio, Period Two
Minimum unrestricted cash
Debt Instrument, Covenant Terms, Minimum Unrestricted Cash
Debt Instrument, Covenant Terms, Minimum Unrestricted Cash
Covenant compliance, consolidated tangible net worth at period end
Debt Instrument, Covenant Compliance, Consolidated Tangible Net Worth at Period End
Represents the amount of consolidated tangible net worth requirement as part of the most restrictive covenant requirement.
Debt instrument, face amount
Debt Instrument, Face Amount
Restrictive liquidity requirements
Debt Instrument, Covenant Compliance, Liquidity Requirement
Debt Instrument, Covenant Compliance, Liquidity Requirement
Debt instrument covenant compliance on repurchase of securities and prepayment of junior debt
Debt Instrument Covenant Compliance on Repurchase of Securities and Prepayment of Junior Debt
Debt instrument covenant compliance on repurchase of securities and prepayment of junior debt.
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Table]
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Table]
Consolidated Entities [Axis]
Consolidated Entities [Axis]
Consolidated Entities [Domain]
Consolidated Entities [Domain]
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity, Primary Beneficiary [Member]
Agency Mortgage Servicing Rights Financing Facility
Agency Mortgage Servicing Rights Financing Facility [Member]
Agency Mortgage Servicing Rights Financing Facility [Member]
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Mortgage servicing rights (MSRs), at fair value
Debt issuance costs, net
Debt service accounts
Debt Service Accounts
Debt Service Accounts
Short-term debt
Short-term Debt
6.375% Senior Notes, Due 2021
Six Point Three Seven Five Percent Senior Notes, Due Two Thousand Twenty One [Member]
6.375% Senior Notes, Due 2021.
Senior Unsecured Notes
Unsecured Debt [Member]
Senior notes
Unamortized debt issuance costs
Unamortized Debt Issuance Expense
Fair value adjustments
Liabilities, Fair Value Adjustment
Long-term debt
Long-term Debt
Increase (decrease) in fair value of loans held for sale
Asset at Fair Value, Changes in Fair Value Resulting from Changes in Assumptions
Fair Value Agency Mortgage Servicing Rights
Fair Value Agency Mortgage Servicing Rights [Member]
Fair value agency mortgage servicing rights.
Fair Value Non-Agency Mortgage Servicing Rights
Fair Value NonAgency Mortgage Servicing Rights [Member]
Fair value non-agency mortgage servicing rights.
Servicing Asset at Fair Value, Amount [Roll Forward]
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance
Sales and other transfers
Servicing Asset at Fair Value, Disposals
Recognized on the sale of residential mortgage loans
Servicing Assets At Fair Value Additions Recognized From Mortgage Sales
Servicing assets at fair value, additions recognized from mortgage sales.
Purchase of MSRs
Servicing Asset at Fair Value, Additions
Servicing transfers and adjustments
Changes in fair value:
Servicing Asset at Fair Value, Changes in Fair Value Resulting from Changes in Valuation Inputs or Changes in Assumptions [Abstract]
Changes in valuation inputs or other assumptions
Servicing Asset at Fair Value, Changes in Fair Value Resulting from Changes in Valuation Inputs or Changes in Assumptions
Realization of expected future cash flows and other changes
Servicing Asset at Fair Value, Other Changes in Fair Value
Ending balance
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation
Basis of Accounting, Policy [Policy Text Block]
Use of Estimates and Assumptions
Use of Estimates, Policy [Policy Text Block]
Reclassifications
Reclassification, Comparability Adjustment [Policy Text Block]
Recently Adopted and Issued Accounting Standards
New Accounting Pronouncements, Policy [Policy Text Block]
Mortgage Servicing
Transfers and Servicing of Financial Assets [Text Block]
Subsequent Event [Table]
Subsequent Event [Table]
Subsequent Event [Line Items]
Subsequent Event [Line Items]
Reverse stock split ratio
Stockholders' Equity Note, Stock Split, Conversion Ratio
Two Thousand Seventeen Agreements
Two Thousand Seventeen Agreements [Member]
2017 Agreements.
Variable Rate [Axis]
Variable Rate [Axis]
Variable Rate [Domain]
Variable Rate [Domain]
London Interbank Offered Rate (LIBOR)
London Interbank Offered Rate (LIBOR) [Member]
Interest on Underlying Mortgage Loans
Interest on Underlying Mortgage Loans [Member]
Interest on Underlying Mortgage Loans.
Financing liability – MSRs pledged
IndyMac Mortgage Loan Trust
IndyMac Mortgage Loan Trust [Member]
IndyMac mortgage loan trust.
Residential Asset Securitization Trust
Residential Asset Securitization Trust [Member]
Residential asset securitization trust.
Basis spread on variable rate
Debt Instrument, Basis Spread on Variable Rate
Receipt of lump sum payment in connection with transfer of MSRs to NRZ
Restructuring Fee Received In Connection With Transfer Of Mortgage Servicing Rights
Restructuring fee received in connection with transfer of mortgage servicing rights.
Weighted average interest rate
Debt Instrument, Interest Rate, Effective Percentage
Income Statement [Abstract]
Statement [Table]
Statement [Table]
Statement [Line Items]
Statement [Line Items]
Fair Value Measurement Inputs and Valuation Techniques [Table]
Fair Value Measurement Inputs and Valuation Techniques [Table]
5-Year Swap Rate
5-Year Swap Rate [Member]
5-Year Swap Rate [Member]
Loans Held for Investment Reverse Mortgages
Loans Held for Investment Reverse Mortgages [Member]
Loans Held for Investment.
HMBS-Related Borrowings
HMBS - Related Borrowings [Member]
HMBS - Related Borrowings [Member]
Mortgage Servicing Rights Pledged
Mortgage Servicing Rights Pledged [Member]
Mortgage servicing rights pledged.
Measurement Input Type [Axis]
Measurement Input Type [Axis]
Measurement Input Type [Domain]
Measurement Input Type [Domain]
Measurement Input, Expected Term
Measurement Input, Expected Term [Member]
Measurement Input, Prepayment Rate
Measurement Input, Prepayment Rate [Member]
Measurement Input, Advance Financing Cost, Basis Spread on Variable Rate
Measurement Input, Advance Financing Cost, Basis Spread On Variable Rate [Member]
Measurement Input, Advance Financing Cost, Basis Spread On Variable Rate [Member]
Measurement Input, Interest Rate for Computing Float Earnings, Basis Spread on Variable Rate
Measurement Input, Interest Rate For Computing Float Earnings, Basis Spread On Variable Rate [Member]
Measurement Input, Interest Rate For Computing Float Earnings, Basis Spread On Variable Rate [Member]
Measurement Input, Default Rate
Measurement Input, Default Rate [Member]
Measurement Input, Discount Rate
Measurement Input, Discount Rate [Member]
Measurement Input, Weighted Average Cost to Service
Measurement Input, Weighted Average Cost To Service [Member]
Measurement Input, Weighted Average Cost To Service [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input
Alternative Investment, Measurement Input
Weighted average prepayment speeds, 10%
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 10 Percent Adverse Change in Prepayment Speed
Weighted average prepayment speeds, 20%
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 20 Percent Adverse Change in Prepayment Speed
Weighted average discount rate, 10%
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 10 Percent Adverse Change in Discount Rate
Weighted average discount rate, 20%
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 20 Percent Adverse Change in Discount Rate
Revenue
Revenues [Abstract]
Reverse mortgage revenue, net
Fee and Commissions, Reverse Mortgage Banking
Fee and Commissions, Reverse Mortgage Banking
Gain on loans held for sale, net
Gain (Loss) on Sales of Loans, Net
Other revenue, net
Revenue from Contract with Customer, Including Assessed Tax
Total revenue
Revenues
MSR valuation adjustments, net
Servicing Asset at Fair Value, Changes in Fair Value Resulting from Changes in Valuation Inputs
Operating expenses
Costs and Expenses [Abstract]
Compensation and benefits
Labor and Related Expense
Servicing and origination
Servicing and Origination
Non-labor costs directly associated with income earned from servicing and originating mortgage loans, excluding amortization of mortgage servicing rights.
Professional services
Professional Fees
Technology and communications
Communications and Information Technology
Occupancy and equipment
Occupancy, Net
Other expenses
Other Expenses
Total operating expenses
Costs and Expenses
Other income (expense)
Other Nonoperating Income (Expense) [Abstract]
Interest income
Interest and Other Income
Interest expense
Interest Expense
Pledged MSR liability expense
Financing Interest Expense
Other, net
Other Nonoperating Income (Expense)
Total other expense, net
Nonoperating Income (Expense)
Loss before income taxes
Income (Loss) Attributable to Parent, before Tax
Income tax (benefit) expense
Income Tax Expense (Benefit)
Net income (loss)
Net Income (Loss) Attributable to Parent
Earnings (loss) per share
Earnings Per Share, Basic and Diluted [Abstract]
Basic (in USD per share)
Earnings Per Share, Basic
Diluted (in USD per share)
Earnings Per Share, Diluted
Weighted average common shares outstanding
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Basic (in shares)
Weighted Average Number of Shares Outstanding, Basic
Diluted (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Pro forma earnings (loss) per share assuming a one-for-15 reverse stock split
Earnings Per Share, Pro Forma [Abstract]
Basic income (loss) per share, pro forma (in USD per share)
Basic Earnings Per Share, Pro Forma
Diluted earnings (loss) per share, pro forma (in USD per share)
Diluted Earnings Per Share Pro Forma
Number of maximum claim amount repurchases loans
Number Of Maximum Claim Amount Repurchases Loans
This represents the number of maximum claim amounts repurchased.
Amount of maximum claim amount repurchases
Amount Of Maximum Claim Amount Repurchases
This represents the amount of maximum claim amounts repurchased.
Financing Receivable, Allowance for Credit Loss [Table]
Financing Receivable, Allowance for Credit Loss [Table]
Sold Advances
Sold Advances [Member]
Sold Advances [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for losses
Beginning balance
Originations and purchases
Payments for Origination of Mortgage Loans Held-for-sale
Proceeds from sales
Proceeds from Sale of Mortgage Loans Held-for-sale
Principal collections
Proceeds from Loan and Lease Originations and Principal Collections
Loans held for investment, at fair value
Transfer of Portfolio Loans and Leases to Held-for-sale
Loans held for sale - Lower of cost or fair value
Transfer Of Portfolio Loans To Held For Sale At Lower Of Cost Or Fair Value
Value of loans held for sale at fair value in the entity's portfolio transferred to loans held for sale carried at lower of cost or fair value in non-cash transactions.
Receivables, net
Transfer Of Portfolio Loans To Receivables
Value of loans held for sale at fair value in the entity's portfolio transferred to receivables in non-cash transactions.
REO (Other assets)
Transfer Of Portfolio Loans To Real Estate Owned
Value of loans held for sale at fair value in the entity's portfolio transferred to real estate owned in non-cash transactions.
Gain on sale of loans
Gain (Loss) on Sale of Mortgage Loans
Decrease in fair value of loans
Increase (Decrease) in Loans Held-for-sale
Other
Other Adjustment Mortgage Loans Held For Sale
Represents amount of addition or reductions in principal on mortgage loans held for sale other than foreclosures, costs of mortgages sold, and amortization of premium during the reporting period.
Ending balance
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Cumulative Effect, Period of Adoption [Axis]
Cumulative Effect, Period of Adoption [Axis]
Cumulative Effect, Period of Adoption [Domain]
Cumulative Effect, Period of Adoption [Domain]
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment [Member]
Accounting Standards Update [Axis]
Accounting Standards Update [Axis]
Accounting Standards Update [Domain]
Accounting Standards Update [Domain]
Accounting Standards Update 2019-04
Accounting Standards Update 2019-04 [Member]
Loans Held for Investment - Reverse Mortgages
Loans Held for Investment [Member]
Loans Held for Investment.
Loans Held for Inv. - Restricted for Securitization Investors
Loans Held for Sale - Fair Value
Loans Held-For-Sale, Fair Value [Member]
Loans Held-For-Sale, Fair Value [Member]
Mortgage-Backed Securities
Collateralized Mortgage Backed Securities [Member]
IRLCs
Derivative Financial Instruments, Assets [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value
Cumulative effect of fair value election
Stockholders' Equity, Period Increase (Decrease)
Purchases, issuances, sales and settlements
Purchases, issuances, sales and settlements: [Abstract]
-- None. No documentation exists for this element. --
Purchases
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases
Issuances
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Issuances
Deconsolidation of mortgage-backed securitization trusts
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Deconsolidation Of Mortgage-backed Securitization Trusts
Represents the consolidated amount of the mortgage backed securitization trusts classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.
Sales
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales
Settlements
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements
Transfers to loans held for sale, at fair value
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers To Loans Held For Sale At Fair Value
This represents the amount of transfers of financial instrument classified as an asset out of level 3 of the fair value hierarchy to loans held for sale at fair value.
Transfers to other assets
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3
Transfers to receivables, net
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers To Receivables Net
This represents the amount of transfers of financial instrument classified as an asset out of level 3 of the fair value hierarchy to receivables, net.
Purchases, issuances, sales and settlements, total
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, (Sales), Issuances, (Settlements)
Total realized and unrealized gains and (losses):
Total realized and unrealized gains and (losses) (2): [Abstract]
-- None. No documentation exists for this element. --
Change in fair value
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings
Calls and other
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Due To Calls And Other Included In Earnings
This represents the amount of gain (loss) recognized in the income statement for financial instrument classified as an asset measured using Level3.
Total realized and unrealized gains (losses) included in earnings
Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss)
Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss)
Transfers in and / or out of Level 3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net
Ending balance
Schedule of Other Assets
Schedule of Other Assets [Table Text Block]
Schedule of Reclassifications of Prior Period Amounts to Confirm with Current Period Presentation
Schedule of Reclassifications of Prior Period Amounts to Confirm with Current Period Presentation [Table Text Block]
Schedule of reclassifications of prior period amounts to confirm with current period presentation.
Schedule of Segment Reporting Information, by Segment [Table]
Schedule of Segment Reporting Information, by Segment [Table]
Segments [Axis]
Segments [Axis]
Segments [Domain]
Segments [Domain]
Servicing
Servicing [Member]
Loans serviced on behalf of others.
Originations
Lending [Member]
The Lending segment is focused on originating and purchasing agency-conforming residential mortgage loans mainly through correspondent lending business.
Corporate and Other
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Segment Reporting Information [Line Items]
Depreciation expense
Depreciation
Amortization of debt discount
Amortization of Debt Discount (Premium)
Amortization of debt issuance costs
Amortization of Debt Issuance Costs
Other Income and Expenses [Abstract]
Schedule of Interest Expense [Table]
Schedule of Interest Expense [Table]
Schedule of Interest Expense [Table]
Other Secured Borrowings
Lines Of Credit And Other Secured Borrowings [Member]
Specific interest-bearing liability.
Other
Other Interest Expense [Member]
Other interest expense not previously categorized.
Schedule of Interest Expense [Line Items]
Schedule of Interest Expense [Line Items]
[Line Items] for Schedule of Interest Expense [Table]
Debt securities:
Debt Securities [Abstract]
Interest expense
Financing Receivable Portfolio Segment [Axis]
Financing Receivable Portfolio Segment [Axis]
Financing Receivable Portfolio Segment [Domain]
Financing Receivable Portfolio Segment [Domain]
Government Insured Loans Claims
Government Insured Loans Claims [Member]
Government insured loans claims.
Beginning balance
Financing Receivable, Allowance for Credit Loss, Current
Provision
Financing Receivable, Credit Loss, Expense (Reversal)
Charge-offs and other, net
Accounts Receivable, Allowance for Credit Loss, Writeoff
Ending balance
Proceeds received from securitizations
Proceeds from Securitizations of Loans Held-for-sale
Servicing fees collected
Cash Flows Between Transferor and Transferee, Servicing Fees
Purchases of previously transferred assets, net of claims reimbursed
Cash Flows Between Transferor and Transferee, Purchases of Previously Transferred Financial Assets
Cash flows between transferor and transferee proceeds and payment related to transfers accounted for sales
Cash Flows Between Transferor And Transferee, Proceeds And Payment Related To Transfers Accounted For Sales
Cash flows between transferor and transferee, proceeds and payment related to transfers accounted for sales.
Loss Contingency [Abstract]
Loss Contingencies [Table]
Loss Contingencies [Table]
Regulatory Agency [Axis]
Regulatory Agency [Axis]
Regulatory Agency [Domain]
Regulatory Agency [Domain]
Consumer Financial Protection Bureau [Member]
Consumer Financial Protection Bureau [Member]
Consumer Financial Protection Bureau.
Massachusetts Regulatory Agency [Member]
Massachusetts Regulatory Agency [Member]
Massachusetts Regulatory Agency.
Florida Attorney General [Member]
Florida Attorney General [Member]
Florida Attorney General.
Multistate Mortgage Committee [Member]
Multistate Mortgage Committee [Member]
Multistate Mortgage Committee.
Loss Contingencies [Line Items]
Loss Contingencies [Line Items]
Accrued penalty
Loss Contingency Accrual
Increase in legal and regulatory accrual
Loss Contingency, Loss in Period
Number of states charging with regulatory action
Number Of States Charging With Regulatory Action
This represents the number of states which have taken regulatory action, alleging breaches of various laws, regulations and licensing requirements, including those related to escrow administration and proper licensing of business activities.
Number of states where regulatory actions were resolved
Number Of States Where Regulatory Actions Were Resolved
This represents the number of states with which the company have reached an agreement to resolve the regulatory action, alleging breaches of various laws, regulations and licensing requirements, including those related to escrow administration and proper licensing of business activities.
Number of loan files to be tested relating to escrow on residential real property
Number of Loan Files To Be Tested Relating To Escrow On Residential Real Property
Number of loan files to be tested relating to escrow on residential real property.
Litigation settlement expense
Litigation Settlement, Expense
Number of state attorneys general charging with regulatory action
Number Of State Attorneys General Charging With Regulatory Action
This represents the number of state attorneys general charging with regulatory action, alleging breaches of various laws, regulations and licensing requirements, including those related to escrow administration and proper licensing of business activities.
Injunctive and equitable relief, costs, and civil money penalties sought
Loss Contingency, Damages Sought, Value
Number of states who are part of confidential supervisory memorandum of understanding
Number Of States Who Are Part Of Confidential Supervisory Memorandum Of Understanding
Represents the number of states which are part of confidential supervisory memorandum of understanding.
Warranty repurchase demands unpaid principal balance
Warranty Repurchase Demands Unpaid Principal Balance
Represents unpaid principal balance related to outstanding representation and warranty repurchase demands as of the end of the period.
Warranty repurchase demands number of loans
Warranty Repurchase Demands Number Of Loans
Represents the number of loans related to outstanding representation and warranty repurchase demands as of the end of the period.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]
Antidilutive Securities [Axis]
Antidilutive Securities [Axis]
Antidilutive Securities, Name [Domain]
Antidilutive Securities, Name [Domain]
Market Based
Market Based [Member]
-- None. No documentation exists for this element. --
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Basic earnings (loss) per share
Earnings Per Share, Basic [Abstract]
Net income (loss)
Weighted average shares of common stock
Basic income (loss) per share
Stock option awards
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements
Common stock awards
Incremental Common Shares Attributable To Common Stock Awards
Represents additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of common stock awards.
Dilutive weighted average shares of common stock
Diluted income (loss) per share
Stock options and common stock awards excluded from the computation of diluted earnings (loss) per share
Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]
Anti-dilutive Securities (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
UPB of loans acquired
Unpaid Principal Balance Of Portfolio Of Loans Acquired
This represents the unpaid principal balance of loans for which servicing rights has been acquired during the period.
UPB of MSRs sold
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Cost of Mortgage Sold
Float balances
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Related Costs [Table]
Schedule of Restructuring and Related Costs [Table]
Restructuring Type [Axis]
Restructuring Type [Axis]
Type of Restructuring [Domain]
Type of Restructuring [Domain]
Facility-related
Facility Closing [Member]
Employee-related
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation related to facility lease right of use
Restructuring and Related Cost, Accelerated Depreciation
Restructuring reserves
Restructuring Reserve
Cost related to re-engineering initiatives
Restructuring and Related Cost, Expected Cost
Statement of Cash Flows [Abstract]
Cash flows from operating activities
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net loss
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Adjustments to reconcile net loss to net cash provided by operating activities:
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
MSR valuation adjustments, net
Gain on sale of MSRs, net
Gain (Loss) on Disposition of Assets for Financial Service Operations
Provision for bad debts
Accounts Receivable, Credit Loss Expense (Reversal)
Depreciation
Depreciation, Depletion and Amortization
Amortization of debt issuance costs
Equity-based compensation expense
Share-based Payment Arrangement, Noncash Expense
Gain on valuation of financing liability
Gain On Valuation Of Financing Liability
This represents the gain realized on a transfer, accounted for as financing, of a portion of servicing assets and reflects the amount of sales proceeds in excess of the sum of the carrying amounts of transferred financial assets.
Net gain on valuation of loans held for investment and HMBS-related borrowings
Increase (Decrease) in Other Financial Instruments Used in Operating Activities
Gain on loans held for sale, net
Increase (Decrease) in Mortgage Loans Held-for-sale
Bargain purchase gain
Business Combination, Bargain Purchase, Gain Recognized, Amount
Origination and purchase of loans held for sale
Payments to Purchase Loans Held-for-sale
Proceeds from sale and collections of loans held for sale
Proceeds from Sale and Collection of Loans Held-for-sale
Changes in assets and liabilities:
Increase (Decrease) in Operating Capital [Abstract]
Decrease in advances, net
Increase Decrease In Advances and Transfers Accounted For As Secured Borrowings Advances
The net change during the reporting period in the carrying amount of non-interest-bearing advances on loans serviced for others and advances transferred to special purpose entities in transactions accounted for as secured borrowings.
Decrease in receivables and other assets, net
Increase (Decrease) in Accounts Receivable and Other Operating Assets
Decrease in other liabilities
Increase (Decrease) in Other Operating Liabilities
Other, net
Other Operating Activities, Cash Flow Statement
Net cash provided by operating activities
Net Cash Provided by (Used in) Operating Activities
Cash flows from investing activities
Net Cash Provided by (Used in) Investing Activities [Abstract]
Origination of loans held for investment
Payments to Acquire Loans Held-for-investment
Principal payments received on loans held for investment
Proceeds from Principal Repayments on Loans and Leases Held-for-investment
Purchase of MSRs
Payments to Acquire Mortgage Servicing Rights (MSR)
Proceeds from sale of MSRs
Proceeds from Sale of Mortgage Servicing Rights (MSR)
Proceeds from sale of advances
Proceeds from Sale of Short-term Investments
Additions to premises and equipment
Payments to Acquire Property, Plant, and Equipment
Proceeds from sale of real estate
Proceeds from Sale of Real Estate Held-for-investment
Proceeds from sale of premises and equipment
Proceeds from Sale of Property, Plant, and Equipment
Other, net
Payments for (Proceeds from) Other Investing Activities
Net cash used in investing activities
Net Cash Provided by (Used in) Investing Activities
Cash flows from financing activities
Net Cash Provided by (Used in) Financing Activities [Abstract]
Repayment of advance match funded liabilities, net
RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities
The net cash inflow (outflow) from debt issuances and repayments associated with advances transferred to special purpose entities in transactions accounted for as secured borrowings.
Proceeds from mortgage loan warehouse facilities and other secured borrowings
Proceeds from Lines of Credit
Repayment of mortgage loan warehouse facilities and other secured borrowings
Repayments of Secured Debt
Proceeds from issuance of additional senior secured term loan (SSTL)
Proceeds from Issuance of Secured Debt
Repayment of SSTL borrowings
Proceeds from (Repayments of) Secured Debt
Payment of debt issuance costs
Payments of Debt Issuance Costs
Proceeds from sale of MSRs accounted for as a financing
Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing
Proceeds from sale of mortgage servicing rights accounted for as financing.
Proceeds from sale of Home Equity Conversion Mortgages (HECM, or reverse mortgages) accounted for as a financing (HMBS-related borrowings)
Proceeds From Sale Of Mortgage Loans, Financing
Proceeds From Sale Of Mortgage Loans, Financing
Repayment of HMBS-related borrowings
Repayments of Other Debt
Repurchase of common stock
Payments for Repurchase of Common Stock
Other, net
Proceeds from (Payments for) Other Financing Activities
Net cash provided by (used in) financing activities
Net Cash Provided by (Used in) Financing Activities
Net decrease in cash, cash equivalents and restricted cash
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
Cash, cash equivalents and restricted cash at beginning of year
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
Cash, cash equivalents and restricted cash at end of period
Supplemental non-cash investing and financing activities:
Supplemental Cash Flow Information [Abstract]
Deconsolidation of mortgage-backed securitization trust, Loans held for investment
Deconsolidation of Mortgage-Backed Securitization Trust Assets
Deconsolidation of mortgage-backed securitization trust assets.
Deconsolidation of mortgage-backed securitization trust, Other financing liabilities
Deconsolidation of Mortgage-Backed Securitization Trust Liabilities
Deconsolidation of mortgage-backed securitization trust liabilities.
MSRs
Servicing Asset At Fair Value, Derecognition
Servicing Asset At Fair Value, Derecognition
Financing liability - MSRs pledged (Rights to MSRs)
Servicing Asset At Fair Value, Pledged Financing Liability, Derecognition
Servicing Asset At Fair Value, Pledged Financing Liability, Derecognition
Recognition of future draw commitments for HECM loans at fair value upon adoption of FASB ASU No. 2016-13
Future Draw Commitments, Fair Value Disclosure
Future Draw Commitments, Fair Value Disclosure
Right-of-use asset
Recognition of Gross Right-of-use Asset
Recognition of gross right-of-use asset.
Lease liability
Recognition of Lease Liability
Recognition of lease liability.
Transfers of loans held for sale to real estate owned (REO)
Real Estate Owned, Transfer to Real Estate Owned
Cash and cash equivalents
Cash and Cash Equivalents, at Carrying Value
Debt service accounts
Other restricted cash
Restricted Cash
Borrowings
Debt Disclosure [Text Block]
Loss Contingency Nature [Axis]
Loss Contingency Nature [Axis]
Loss Contingency, Nature [Domain]
Loss Contingency, Nature [Domain]
Indemnification Obligations Liability [Roll Forward]
Indemnification Obligations Liability [Roll Forward]
A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.
Beginning balance
Representation Warranty And Compensatory Fees Obligations
This represents the outstanding obligation of repurchase the loans, or otherwise indemnify or reimburse the investor or insurer for losses incurred due to material breach of contractual representation and warranties.
Provision (reversal) for representation and warranty obligations
Provision For Representation And Warranty Obligations
Represents provision for representation and warranty obligations.
New production reserves
Indemnification Obligations Liability Reserves
Represents addition of indemnification obligations reserves for new loan production during the period.
Charge-offs and other
Indemnification Obligations Liability Charge Offs
Represents amount of charge-offs against indemnification obligations liability.
Ending balance
Schedule of Segment Reporting Information
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Total Ocwen Master Advance Receivables Trust (OMART)
Ocwen Master Advance Receivables Trust [Member]
Ocwen master advance receivables trust.
Total Ocwen Freddie Advance Funding Facility (OFAF)
Ocwen Freddie Advance Funding [Member]
Ocwen Freddie advance funding.
Advance Receivables Backed Notes - Series 2015-VF5
Series Two Thousand Fifteen Variable Funding Notes [Member]
Series 2015 variable funding notes.
Advance Receivables Backed Notes, Series 2019-T1
Series Two Thousand Nineteen Term One Notes [Member]
Series two thousand nineteen term one notes.
Advance Receivables Backed Notes, Series 2019-T2
Series Two Thousand Nineteen Term Two Notes [Member]
Series two thousand nineteen term two notes.
Advance Receivables Backed Notes, Series 2015-VF1
Series Two Thousand Fifteen Variable Funding Notes One [Member]
Series two thousand fifteen variable funding notes one.
Advance match funded liabilities (related to VIEs)
Statement of Financial Position [Abstract]
Residential Mortgage Backed Securitization Trusts
Residential Mortgage Backed Securitization Trusts [Member]
Residential mortgage backed securitization trusts.
Loans held for sale ($253,037 and $208,752 carried at fair value)
Other assets, at fair value
Other Assets, Fair Value Disclosure
Other financing liabilities, at fair value (amounts related to VIEs of $11,664 and $22,002)
Other secured borrowings, net (amounts related to VIEs $184,129 and $240,893)
Other liabilities ($1,033 and $100 carried at fair value) (amounts related to VIEs of $95 and $144)
Other Liabilities, Fair Value Disclosure
Other liabilities
Other Liabilities
Common stock, $.01 par value; 200,000,000 shares authorized; 130,008,898 and 134,862,232 shares issued and outstanding at June 30, 2020 and December 31, 2019 respectively
Common Stock, Par or Stated Value Per Share
Common stock, shares authorized (in shares)
Common Stock, Shares Authorized
Common stock, shares issued (in shares)
Common Stock, Shares, Issued
Common stock, shares outstanding (in shares)
Common Stock, Shares, Outstanding
Other Assets
Other Assets Disclosure [Text Block]
Advance Receivables Backed Notes, Series 2019
Series Two Thousand Nineteen Term Notes [Member]
Series 2019 Term Notes.
Available borrowing capacity
Maximum borrowing capacity
Line of Credit Facility, Maximum Borrowing Capacity
Weighted average interest rate
Debt, Weighted Average Interest Rate
Total borrowing capacity
Line of Credit Facility, Current Borrowing Capacity
Interest Expense
Interest Expense [Text Block]
The disclosure of the cost of all borrowed funds accounted for as interest expense that was charged against earnings during the period, by category of interest-bearing liabilities.
Schedule of Advances Paid on Behalf of Borrowers or on Foreclosed Properties
Schedule Of Advance Payments By Financial Institution On Foreclosed Properties Summary [Table Text Block]
Disclosure of accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) which will periodically be remitted to the lender, appropriate governmental agency(ies) or vendor(s) on behalf of the borrower.
Schedule of Activity in Advances
Schedule of Activity in Advances [Table Text Block]
Schedule of Activity in Advances [Table Text Block]
Schedule of Changes in Allowance For Losses
Financing Receivable, Allowance for Credit Loss [Table Text Block]
Commitments and Contingencies Disclosure [Abstract]
Unusual or Infrequent Item, or Both [Table]
Unusual or Infrequent Item, or Both [Table]
Servicer
Servicer [Member]
Servicer [Member]
Ocwen Subservicer
Ocwen Subservicer [Member]
Ocwen Subservicer [Member]
Unusual or Infrequent Item, or Both [Line Items]
Unusual or Infrequent Item, or Both [Line Items]
Number of borrowers requesting forbearance plan
Number Of Borrowers Requesting Forbearance Plan
Number Of Borrowers Requesting Forbearance Plan
Number of borrowers requesting forbearance plan, no advance requirements
Number Of Borrowers Requesting Forbearance Plan, No Advance Requirements
Number Of Borrowers Requesting Forbearance Plan, No Advance Requirements
Estimate of liability
Loss Contingency, Estimate of Possible Loss
Loans Held for Sale
Loans Held For Sale [Text Block]
The entire disclosure for the loans held for sale carried at fair value and lower of cost or fair value.
Schedule of Components of Interest Expense
Interest Income and Interest Expense Disclosure [Table Text Block]
Rights to MSRs
Rights To Mortgage Servicing Rights [Text Block]
This represents the disclosure of the rights to mortgage servicing rights sold and subsequent transfer of servicing assets, unpaid principal balance of assets upon receiving the consents and changes in the financing liabilities related to rights to mortgage servicing rights sold.
Schedule of Servicing Liabilities at Fair Value [Table]
Schedule of Servicing Liabilities at Fair Value [Table]
Sale and Transfers of Mortgage Servicing Rights
Sale And Transfers Of Mortgage Servicing Rights [Member]
Sale and transfers of mortgage servicing rights.
Subservicing Fees and Reimbursable Expenses
Advance Funding, Subservicing Fees And Reimbursable Expenses [Member]
Advance funding, subservicing fees and reimbursable expenses.
Original Rights to MSRs Agreements
Original Rights to Mortgage Servicing Rights Agreements [Member]
Original rights to mortgage servicing rights agreement.
2017 Agreements and New RMSR Agreements
Two Thousand Seventeen Agreements and New RMSR Agreements [Member]
2017 agreements and new RMSR agreements.
PHH MSR Agreements
Mortgage Servicing Rights Agreements [Member]
Mortgage servicing rights agreements.
Servicing Liabilities at Fair Value [Line Items]
Servicing Liabilities at Fair Value [Line Items]
Due from NRZ
Due to NRZ
Accounts Payable, Other
Servicing fees collected on behalf of NRZ
Proceeds from Collection of Loans Receivable
Less: Subservicing fee retained by Ocwen
Changes in fair value
Increase Decrease In Valuation Of Financing Liability
This represents the increase (decrease) in the valuation which is realized on a transfer, accounted for as financing, of a portion of servicing assets and reflects the amount of sales proceeds in excess of the sum of the carrying amounts of transferred financial assets.
Runoff and settlement
Reduction in Financing Liability and Interest Expense
Reduction in financing liability and interest expense.
Other
Financing Interest Expense (Income), Other
Financing Interest Expense (Income), Other
Interest expense
Organization and Basis of Presentation
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]
Schedule of Activity Related to MSRs - Fair Value Measurement Method
Schedule of Servicing Assets at Fair Value [Table Text Block]
Schedule of Composition of Servicing and Subservicing Portfolios by Type of Property Serviced
Schedule Of Loans Serviced By Property Type [Table Text Block]
Tabular disclosure of loans serviced by property type.
Schedule of Components of Servicing and Subservicing Fees
Schedule Of Servicing and Subservicing Fees [Table Text Block]
Tabular disclosure of fees generated during the reporting period for servicing subservicing of assets.
Cost Re-Engineering Plan
Restructuring and Related Activities Disclosure [Text Block]
Noncontrolling Interest [Table]
Noncontrolling Interest [Table]
Revision of Prior Period [Axis]
Revision of Prior Period [Axis]
Revision of Prior Period [Domain]
Revision of Prior Period [Domain]
Restatement Adjustment
Revision of Prior Period, Adjustment [Member]
Geographical [Axis]
Geographical [Axis]
Geographical [Domain]
Geographical [Domain]
INDIA
INDIA
PHILIPPINES
PHILIPPINES
Description of Business and Basis of Presentation [Line Items]
Product Information [Line Items]
Total number of employees
Entity Number of Employees
Percentage of foreign based employees engaged in supporting loan servicing operations
Percentage Of Foreign Based Employees Engaged In Supporting Loan Servicing Operations
Percentage of foreign based employees engaged in supporting loan servicing operations.
Gain on loans held for sale, net
Gain (Loss) on Sale of Loans and Leases
Proceeds from sale of real estate
Proceeds from Sale of Real Estate
Cumulative effect of new accounting pronouncement
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
Schedule of Receivables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
Other
Other Restructuring [Member]
Restructuring cost
Restructuring Charges
Income Tax Disclosure [Abstract]
Income Taxes
Income Tax Disclosure [Text Block]
PMC MSR Agreements
Schedule of Effect of Pandemic
Schedule of Unusual or Infrequent Items, or Both [Table Text Block]
Schedule of Activity Related to HMBS Repurchases
Schedule of Activity Related to HMBS Repurchases [Table Text Block]
Schedule of activity related to HMBS repurchases.
Derivative Financial Instruments and Hedging Activities
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Statement of Stockholders' Equity [Abstract]
Equity Components [Axis]
Equity Components [Axis]
Equity Component [Domain]
Equity Component [Domain]
Common Stock
Common Stock [Member]
Additional Paid-in Capital
Additional Paid-in Capital [Member]
(Accumulated Deficit) Retained Earnings
Retained Earnings [Member]
Accumulated Other Comprehensive Loss, Net of Income Taxes
AOCI Attributable to Parent [Member]
Beginning Balance
Beginning Balance (in shares)
Net (loss) income
Repurchase of common stock (in shares)
Stock Repurchased During Period, Shares
Repurchase of common stock
Stock Repurchased During Period, Value
Stockholders' Equity, Period Increase (Decrease)
Equity-based compensation and other
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture
Equity-based compensation and other (in shares)
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture
Other comprehensive income, net of income taxes
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
Ending Balance
Ending Balance (in shares)
Beginning balance, Financing Liability
Financing Liability At Fair Value
This represents the amount of liability arose in connection with sales proceeds received in 2012 and 2013 as part of the Rights to MSRs transactions with NRZ/HLSS and has no contractual maturity or repayment schedule. The balance of the liability is adjusted each reporting period to its fair value based on the present value of the estimated future cash flows underlying the related MSRs.
Purchases
Servicing Liability at Fair Value, Additions
Sales
Changes in fair value
Servicing Liability at Fair Value, Changes in Fair Value Resulting from Changes in Valuation Inputs or Changes in Assumptions
Runoff and settlement
Runoff Settlements And Other Financing Liability
This represents the decrease in the value of financing liability due to portfolio runoff, settlements and other.
Derecognition of MSRs pledged financing liability
Calls
Financing Liability Calls
Represents the amount of decrease in liability balance in connection with clean-up call rights exercised by NRZ.
Ending balance, Financing Liability
Securitizations and Variable Interest Entities
Securitizations And Variable Interest Entities [Text Block]
The entire disclosure for securitizations of residential mortgage loans and financings of advances on loans serviced for others.
Third-party Consents Received And MSR Transferred
Third-party Consents Received And MSR Transferred [Member]
Third-party Consents Received And MSR Transferred [Member]
UPB of loans, Rights to MSRs sold
Servicing Portfolio Of Loans For Which Rights To Mortgage Servicing Rights Sold
This amount represents the unpaid principal balance of loans serviced for which rights to mortgage servicing rights have been sold.
Assets serviced
Assets Serviced
Total of property assets serviced as measured by UPB.
Schedule of Match Funded Liabilities
Schedule Of Match Funded Liabilities [Table Text Block]
Schedule Of Match Funded Liabilities [Table Text Block]
Schedule of Financing Liabilities
Schedule of Financing Liabilities [Table Text Block]
Schedule of Financing Liabilities [Table Text Block]
Schedule of Other Secured Borrowings
Schedule of Line of Credit Facilities [Table Text Block]
Schedule of Senior Notes
Schedule of Long-term Debt Instruments [Table Text Block]
Schedule of Redemption Prices
Debt Instrument Redemption [Table Text Block]
Schedule of Assets Held as Collateral Related to Secured Borrowings
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]
Assets
Assets [Abstract]
Restricted cash (amounts related to variable interest entities (VIEs) of $17,373 and $20,434)
Loans held for sale ($253,037 and $208,752 carried at fair value)
Loans held for investment, at fair value (amounts related to VIEs of $11,664 and $23,342)
Receivables, net
Other assets ($24,788 and $8,524 carried at fair value) (amounts related to VIEs of $8,301 and $4,078)
Liabilities and Equity
Liabilities and Equity [Abstract]
Liabilities
Liabilities [Abstract]
Home Equity Conversion Mortgage-Backed Securities (HMBS) related borrowings, at fair value
Other secured borrowings, net (amounts related to VIEs $184,129 and $240,893)
Senior notes, net
Other liabilities ($1,033 and $100 carried at fair value) (amounts related to VIEs of $95 and $144)
Total liabilities
Liabilities
Commitments and Contingencies (Notes 20 and 21)
Commitments and Contingencies
Ocwen Financial Corporation (Ocwen) stockholders’ equity
Stockholders' Equity Attributable to Parent [Abstract]
Common stock, $.01 par value; 200,000,000 shares authorized; 130,008,898 and 134,862,232 shares issued and outstanding at June 30, 2020 and December 31, 2019 respectively
Common Stock, Value, Issued
Additional paid-in capital
Additional Paid in Capital
Accumulated deficit
Retained Earnings (Accumulated Deficit)
Accumulated other comprehensive loss, net of income taxes
Accumulated Other Comprehensive Income (Loss), Net of Tax
Total stockholders’ equity
Total liabilities and stockholders’ equity
Liabilities and Equity
Commitments
Commitments Disclosure [Text Block]
Fair Value
Fair Value Disclosures [Text Block]
Other Liabilities Disclosure [Abstract]
Other Liabilities
Other Liabilities Disclosure [Text Block]
Gain on Sale of Repurchased Ginnie Mae Loans
Repurchased Ginnie Mae Loans [Member]
Repurchased Ginnie Mae loans.
Gain on Sale of Forward Mortgage Loans
Forward Mortgage Loans [Member]
Forward mortgage loans that are originated or purchase from third parties.
MSRs retained on transfers of forward mortgage loans
Servicing Assets, Additions Recognized from Securitization Trusts Related To Transfers Accounted For As Sales
The amount of mortgage servicing rights (MSRs) retained in connection with transfer of securitized loans accounted for as sales.
Gain on sales of loans, net
Debt and Equity Securities, Gain (Loss)
Change in fair value of IRLCs
Gain Loss On Interest Rate Derivative Instruments
Represents the net increase or decrease in the fair value of the interest rate derivative or group of derivatives.
Change in fair value of loans held for sale
Change In Fair Value Of Mortgage Loans Held For Sale
The increase (decrease) during the reporting period in the fair value of mortgage loans that are held with the intention to sell or be securitized in the near future.
Loss on economic hedge instruments
Gain (Loss) on Fair Value Hedges Recognized in Earnings
Other
Gains (Losses) on Sales of Other Real Estate
Gain on loans held for sale, net
Statement of Comprehensive Income [Abstract]
Other comprehensive income, net of income taxes:
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Reclassification adjustment for losses on cash flow hedges included in net income
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax
Change in unfunded pension plan obligation liability
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax and Reclassification Adjustment, Attributable to Parent
Other
Other Comprehensive Income, Other, Net of Tax
Comprehensive income (loss)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Severance expense
Severance Costs
Recovery of professional services expense
Recovery of Direct Costs
Ocwen Excess Spread-Collateralized Notes, Series 2019-PLS1 Class A
Ocwen Excess Spread-Collateralized Notes, Series 2019-PLS1 Class A [Member]
Ocwen Excess Spread-Collateralized Notes, Series 2019-PLS1 Class A [Member]
Excess Spread-Collateralized Notes
Excess Spread-Collateralized Notes [Member]
Excess Spread-Collateralized Notes [Member]
Long-term Debt
Loans Held for Sale - Fair Value
Loans related to Ginnie Mae guaranteed securitizations
Schedule of Indemnification Obligations
Schedule Of Liability For Representation And Warranty Obligations Compensatory Fees And Indemnification Obligations [Table Text Block]
Tabular disclosure of changes in liability for representation and warranty obligations, compensatory fees for foreclosures that may ultimately exceed investor timelines and related indemnification obligations.
Derivative [Table]
Derivative [Table]
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Derivative Contract [Domain]
Derivative Contract [Domain]
Interest Rate Lock Commitments
Interest Rate Lock Commitments [Member]
TBA/Forward Mortgage Backed Securities Trades
TBA/Forward Mortgage Backed Securities Trades [Member]
TBA/Forward Mortgage Backed Securities Trades [Member]
Forward MBS Trades
Forward Mortgage Backed Securities Trades [Member]
Represents a forward mortgage backed securities trades.
Interest Rate Caps
Interest Rate Cap [Member]
Interest Rate Swap
Interest Rate Swap [Member]
Derivative [Line Items]
Derivative [Line Items]
Derivative Notional Balance
Derivative Notional Balance [Roll Forward]
Derivative Notional Balance [Roll Forward]
Notional balance
Derivative, Notional Amount
Fair value of derivative assets (liabilities) at:
Fair value of derivative assets (liabilities) at: [Abstract]
-- None. No documentation exists for this element. --
Gains (losses) on derivatives during the six months ended:
Derivative, Gain (Loss) on Derivative, Net [Abstract]
Gains (losses) on derivatives
Derivative, Gain (Loss) on Derivative, Net
Gains on derivatives
Derivative, Gain on Derivative
Servicing
Loans Serviced Servicing
Total Loans serviced where the financial institution owns the mortgage servicing rights.
Reverse mortgage loan servicing
Loans Serviced Reverse Mortgage
Loans Serviced Reverse Mortgage
Subservicing
Loans Serviced Subservicing
Total Loans serviced where the financial institution does not own the mortgage servicing rights.
NRZ
Assets serviced
Debt Instrument, Redemption, Period [Axis]
Debt Instrument, Redemption, Period [Axis]
Debt Instrument, Redemption, Period [Domain]
Debt Instrument, Redemption, Period [Domain]
Debt Instrument, Redemption, Period One
Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption, Period Two
Debt Instrument, Redemption, Period Two [Member]
Short-term Debt, Type [Axis]
Short-term Debt, Type [Axis]
Short-term Debt, Type [Domain]
Short-term Debt, Type [Domain]
Warehouse Agreement Borrowings
Warehouse Agreement Borrowings [Member]
Committed Basis Debt
Committed Basis Debt [Member]
Committed Basis Debt [Member]
Non Committed Basis Debt
Non Committed Basis Debt [Member]
Non Committed Basis Debt [Member]
OASIS Series 2014-1
OASIS Series 2014-1 [Member]
OASIS Series 2014-1 [Member]
Eurodollar
Eurodollar [Member]
Base Rate
Base Rate [Member]
Master Repurchase Agreement
Master Repurchase Agreement [Member]
Represents master repurchase agreement.
Master Repurchase Agreement
Master Repurchase Agreement Two [Member]
Master Repurchase Agreement Two [Member]
Master Repurchase Agreement
Master Repurchase Agreement Three [Member]
Master Repurchase Agreement Three [Member]
Master Repurchase Agreement
Master Repurchase Agreement Four [Member]
Master Repurchase Agreement Four.
Participation Agreement
Participation Agreement Two [Member]
Participation agreement two.
Master Repurchase Agreement
Master Repurchase Agreement Five [Member]
Master Repurchase Agreement Five.
Mortgage Warehouse Agreement
Mortgage Warehouse Agreement Two [Member]
Mortgage Warehouse Agreement Two [Member]
Mortgage Warehouse Agreement
Mortgage Warehouse Agreement Three [Member]
Mortgage Warehouse Agreement Three [Member]
Ginnie Mae Mortgage Servicing Rights Financing Facility
Ginnie Mae Mortgage Servicing Rights Financing Facility [Member]
Ginnie Mae Mortgage Servicing Rights Financing Facility [Member]
Repayments of debt
Repayments of Debt
Prepayment premium through January 27, 2022 (percent)
Debt Instrument, Prepayment Premium, Next Two Years
Debt Instrument, Prepayment Premium, Next Two Years
Periodic prepayment of SSTL
Debt Instrument, Periodic Payment
Interest rate at index floor rate
Debt Instrument Interest Rate At Index Floor Rate
Represents the index floor rate used for interest rate on the debt instrument.
Basis spread on UPB
Debt Instrument, Basis Spread on Unpaid Principal Balance
Debt Instrument, Basis Spread on Unpaid Principal Balance
Borrowings available on committed basis
Borrowings Available On Committed Basis
Borrowings available on committed basis.
Beneficial interest
Line of Credit Facility, Agreement Term, Potential Benefit Interest Percentage By Lender
Line of Credit Facility, Agreement Term, Potential Benefit Interest Percentage By Lender
Schedule of Error Corrections and Prior Period Adjustment Restatement [Table]
Schedule of Error Corrections and Prior Period Adjustment Restatement [Table]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Gain on loans held for sale, net
Other revenue, net
Servicing and subservicing fees
Reverse mortgage revenue, net (New line item)
Revenue
Servicing
Contractually Specified Servicing Fees, Amount
Subservicing
Contractually Specified Subservicing Fees Amount
All amounts that, per contract, are due to the subservicer in exchange for subservicing the financial asset and would no longer be received by a subservicer if the owners of the servicing rights were to exercise their authority under the contract to shift the subservicing to another servicer.
NRZ
Servicing Fee Collected On Behalf Of Counterparty
Servicing fee collected on mortgage servicing rights for which rights have been sold to NRZ.
Servicing and Subservicing fees, total
Contractually Specified Servicing And Subservicing Fees Amount Total
All amounts that, per contract, are due in exchange for servicing or subservicing the financial asset.
Late charges
Late Fee Income Generated by Servicing Financial Assets, Amount
Custodial accounts (float earnings)
Float Earnings Earned In Exchange For Servicing Financial Assets
Represents amount related to interest earned on unremitted loan payments held in custodial accounts, are due to the servicer in exchange for servicing the financial asset.
Loan collection fees
Loan Collection Fees Earned In Exchange For Servicing Financial Assets
Represents loan collection fees paid by the borrower to the servicer for automated payment services.
Home Affordable Modification Program (HAMP) fees
Loan Modification Program Fees Earned In Exchange For Servicing Financial Assets
Represents fees related to a specific loan modification program due to the servicer in exchange for servicing the financial asset.
Other, net
Ancillary Fee Income Generated by Servicing Financial Assets, Amount
Fees, total
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset
Schedule of Other Liabilities
Schedule of Other Liabilities [Table Text Block]
Schedule of Other Liabilities [Table Text Block]
2019
Debt Instrument, Redemption, Period Three [Member]
2020
Debt Instrument, Redemption, Period Four [Member]
2021 and thereafter
Debt Instrument, Redemption, Period Five [Member]
Redemption price
Debt Instrument, Redemption Price, Percentage
Long-term Purchase Commitment [Table]
Long-term Purchase Commitment [Table]
Category of Item Purchased [Axis]
Category of Item Purchased [Axis]
Long-term Purchase Commitment, Category of Item Purchased [Domain]
Long-term Purchase Commitment, Category of Item Purchased [Domain]
Active
Active [Member]
Active loans.
Inactive
Inactive [Member]
Inactive loans.
Long-term Purchase Commitment [Line Items]
Long-term Purchase Commitment [Line Items]
Beginning balance, repurchase securities, number
Home Equity Conversion Mortgage-Backed Security Repurchases Outstanding
This represents the number of HMBS repurchase securities outstanding.
Additions, repurchase securities, number
Additions To Home Equity Conversion Mortgage-Backed Security Repurchases
This represents the additions to HMBS repurchase securities.
Recoveries, net, repurchase securities, number
Recoveries Related To Home Equity Conversion Mortgage-Backed Security Repurchases
This represents the recoveries of HMBS repurchase securities.
Transfers, repurchase securities, number
Transfers Related To Home Equity Conversion Mortgage-Backed Security Repurchases
This represents the transfers of HMBS repurchase securities.
Change in value, repurchase securities, number
Change In Value Of Home Equity Conversion Mortgage-Backed Security Repurchases
This represents the change in value of HMBS repurchase securities.
Ending balance, repurchase securities, number
Beginning balance, repurchase securities, value
Home Equity Conversion Mortgage-Backed Security Repurchases Outstanding, Value
This represents the amount of HMBS repurchase securities outstanding.
Additions, repurchase securities, value
Amount of Additions To Home Equity Conversion Mortgage-Backed Security Repurchases, Value
This represents the amount of additions to HMBS repurchase securities.
Recoveries, repurchase securities, value
Recoveries Related To Home Equity Conversion Mortgage-Backed Security Repurchases, Value
This represents the amount of recoveries related to HMBS repurchase securities.
Transfers, repurchase securities, value
Transfers Related To Home Equity Conversion Mortgage-Backed Security Repurchases, Value
This represents the amount of transfers related to HMBS repurchase securities.
Change in value, repurchase securities, value
Change In Value Of Home Equity Conversion Mortgage-Backed Security Repurchases, Value
This represents the amount of change in value of HMBS repurchase securities.
Ending balance, repurchase securities, value
Scenario [Axis]
Scenario [Axis]
Scenario [Domain]
Scenario [Domain]
Pro Forma [Member]
Pro Forma [Member]
Line of Credit Facility [Table]
Line of Credit Facility [Table]
Total Servicing Lines of Credit
Total Servicing Lines Of Credit [Member]
Total amount of servicing lines of credit.
Line of Credit Facility [Line Items]
Line of Credit Facility [Line Items]
Other secured borrowings
Short term and long term debt
Debt, Long-term and Short-term, Combined Amount
Unamortized debt issuance costs - SSTL
Discount - SSTL
Debt Instrument, Unamortized Discount
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance
Provision
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)
Net charge-offs and other
Financing Receivable, Allowance For Credit Loss, Writeoffs And Other
Financing Receivable, Allowance For Credit Loss, Writeoffs And Other
Ending balance
Contingencies
Contingencies Disclosure [Text Block]
Advances [Roll Forward]
Advances [Roll Forward]
Advances [Roll Forward]
Beginning balance
Advances Payments On Behalf Of Borrower
Total advance payments made by financial institutions on behalf of borrowers in a servicing relationship.
Asset acquisitions
Advances Payments on Behalf of Borrower Asset Acquisitions
Advances payments on behalf of borrower asset acquisitions.
New advances
Advances Payments On Behalf Of Borrower, Increase
Advances Payments On Behalf Of Borrower, Increase
Sales of advances
Advances Payments on Behalf of Borrower, Sales
Advances Payments on Behalf of Borrower, Sales
Collections of advances and other
Advances Payments on Behalf of Borrowers, Collection Of Advances, Charge-Offs And Other Net
Advances payments on behalf of borrowers, collection of advances, charge-offs and other net.
Net decrease (increase) in allowance for losses
Advances Payments On Behalf of Borrowers, Collection Of Advances, Decrease
Advances Payments On Behalf of Borrowers, Collection Of Advances, Decrease
Ending balance
Schedule of Fair Value Assets and Liabilities
Fair Value, by Balance Sheet Grouping [Table Text Block]
Schedule of Reconciliation of Changes in Fair Value of Level 3 Assets and Liabilities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Schedule of Significant Assumptions used in Valuation
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
Summary of Estimated Change in the Value of MSRs Carried at Fair Value
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table Text Block]
Financing Facility Secured By Fannie Mae And Freddie Mac
Financing Facility Secured By Fannie Mae And Freddie Mac [Member]
Financing Facility Secured By Fannie Mae And Freddie Mac [Member]
Average period to securitization
Average Period to Securitization
Time period in which securitization takes place after loan closing or purchase.
MSRs retained
Percentage of loan transferred through securitization 60 days or more past due
Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due
Percentage of loan transferred through securitization 60 days or more past due.
Pledged advance remittance period
Pledged Advance Remittance Period
This represents the time period within which the collected funds related to pledged advances are remitted to trusts.
Fair value of residual securities sold
Transfer of Financial Assets Accounted for as Sales, Fair Value of Derecognized Assets
Gain on deconsolidated of trust
Deconsolidation, Gain (Loss), Amount
Income Tax Contingency [Table]
Income Tax Contingency [Table]
Unusual or Infrequent Item, or Both [Axis]
Unusual or Infrequent Item, or Both [Axis]
Unusual or Infrequent Item, or Both [Domain]
Unusual or Infrequent Item, or Both [Domain]
Coronavirus Aid, Relief, And Economic Security Act (CARES Act)
Coronavirus Aid, Relief, And Economic Security Act (CARES Act) [Member]
Coronavirus Aid, Relief, And Economic Security Act (CARES Act) [Member]
Income Tax Authority [Axis]
Income Tax Authority [Axis]
Income Tax Authority [Domain]
Income Tax Authority [Domain]
Domestic Tax Authority
Domestic Tax Authority [Member]
Foreign Tax Authority
Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Income Tax Contingency [Line Items]
Income tax (benefit) expense
Income tax (benefit) expense, before CARES Act
Income Tax Expense (Benefit), Before Unusual Or Infrequent Item, Or Both
Income Tax Expense (Benefit), Before Unusual Or Infrequent Item, Or Both
Receivables
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
Equity [Abstract]
Schedule of Stock by Class [Table]
Schedule of Stock by Class [Table]
Class of Stock [Line Items]
Class of Stock [Line Items]
Share repurchase program authorized amount
Stock Repurchase Program, Authorized Amount
Shares repurchased (shares)
Repurchase of common stock
Stock Repurchased During Period, Value, Before Commissions
Stock Repurchased During Period, Value, Before Commissions
Shares repurchased (USD per share)
Stock Repurchased During Period, Price Per Share
Stock Repurchased During Period, Price Per Share
Payments for commissions
Payments for Commissions
Remaining repurchase amount
Stock Repurchase Program, Remaining Authorized Repurchase Amount
Proposed reverse stock split ratio
Stockholders' Equity Note, Stock Split, Conversion Ratio, Proposed
Stockholders' Equity Note, Stock Split, Conversion Ratio, Proposed
Summary of Plan Costs Incurred
Restructuring and Related Costs [Table Text Block]
Document and Entity Information [Abstract]
-- None. No documentation exists for this element. --
Document Information [Table]
Document Information [Table]
Document Information, Document [Axis]
Document Information, Document [Axis]
Document [Domain]
Document [Domain]
Document Information [Line Items]
Document Information [Line Items]
Entity Registrant Name
Entity Registrant Name
Entity Central Index Key
Entity Central Index Key
Current Fiscal Year End Date
Current Fiscal Year End Date
Entity File Number
Entity File Number
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Entity Tax Identification Number
Entity Tax Identification Number
Entity Address, Address Line One
Entity Address, Address Line One
Entity Address, City or Town
Entity Address, City or Town
Entity Address, State or Province
Entity Address, State or Province
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
City Area Code
City Area Code
Local Phone Number
Local Phone Number
Entity Filer Category
Entity Filer Category
Document Type
Document Type
Document Quarterly Report
Document Quarterly Report
Document Period End Date
Document Period End Date
Document Transition Report
Document Transition Report
Document Fiscal Year Focus
Document Fiscal Year Focus
Document Fiscal Period Focus
Document Fiscal Period Focus
Amendment Flag
Amendment Flag
Entity Emerging Growth Company
Entity Emerging Growth Company
Entity Small Business
Entity Small Business
Entity Current Reporting Status
Entity Current Reporting Status
Entity Interactive Data Current
Entity Interactive Data Current
Entity Shell Company
Entity Shell Company
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Entity Listing, Par Value Per Share
Entity Listing, Par Value Per Share
Title of 12(b) Security
Title of 12(b) Security
Trading Symbol
Trading Symbol
Security Exchange Name
Security Exchange Name
Mortgage Servicing Rights - Fair Value
Fair Value Mortgage Servicing Rights [Member]
Fair Value Mortgage Servicing Rights [Member]
Advances and Match Funded Advances
Advances And Match Funded Advances [Member]
Advances and match funded advances.
Carrying value of assets
Transferor's Interests in Transferred Financial Assets, Fair Value
UPB of loans transferred
Unpaid Principal Balance Of Loans Transferred
Unpaid principal balance of forward loans transferred with servicing rights retained.
Maximum exposure to loss
Maximum Exposure To Loss
Maximum exposure to loss related to continuing involvement with forward loans that have been transferred with servicing rights retained as well as standard representations and warranties obligations.
Valuation Allowance for Loans Held for Sale
Valuation Allowance for Loans Held for Sale [Member]
Valuation Allowance for Loans Held for Sale [Member]
Beginning balance
Financing Receivable, Allowance for Credit Loss, Noncurrent
Provision
SEC Schedule, 12-09, Valuation Allowances and Reserves, Additions, Charge to Other Account
Transfer from Liability for indemnification obligations (Other liabilities)
SEC Schedule, 12-09, Valuation Allowances and Reserves, Increase (Decrease) Adjustment
Sales of loans
Valuation Allowance for Impairment of Recognized Servicing Assets, Sales
Ending balance
Contingent loan repurchase liability
Assets Sold under Agreements to Repurchase, Repurchase Liability
Due to NRZ - Advance collections and servicing fees
Remittance Of Advances And Servicing Fees
This represents the amount of advances and servicing fees collected on behalf of NRZ, associated with rights to mortgage servicing rights sold and needs to be remitted.
Other accrued expenses
Accrued Liabilities
Liability for indemnification obligations
Indemnification Obligations Liability
Represents the liability for indemnification obligations.
Servicing-related obligations
Due To Servicing and Subservicing Investors
Amounts due to investors in loans that we service under servicing and subservicing agreements.
Lease liability
Operating Lease, Liability
Checks held for escheat
Checks Held For Escheat
Carrying amount as of the balance sheet date of checks held for escheat.
Accrued legal fees and settlements
Estimated Litigation Liability, Noncurrent
Liability for unfunded pension obligation
Liability, Other Postretirement Defined Benefit Plan, Noncurrent
Liability for uncertain tax positions
Liability for Uncertainty in Income Taxes, Noncurrent
Accrued interest payable
Interest Payable, Current
Liability for unfunded India gratuity plan
Liability, Defined Benefit Pension Plan
Derivatives, at fair value
Derivative Liability, Current
Liability for mortgage insurance contingency
Loss Contingency Accrual, Product Liability, Net
Other
Other Accrued Liabilities
Total other liabilities
Schedule of Assets, Liabilities, Servicing and Subservicing Fees Related to NRZ Agreements
Schedule Of Assets Liabilities and Interest Expense [Table Text Block]
Tabular disclosure of assets, liabilities and interest expense by the components of the Company's interest-bearing liabilities.
Schedule of Activity Related to Rights to Mortgage Servicing Rights
Schedule Of Activity Related To Rights To Mortgage Servicing Rights [Table Text Block]
Schedule of activity related to rights to mortgage servicing rights.
Schedule of Reconciliation of Calculation of Basic Loss per Share to Diluted Loss per Share
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Schedule of Related Party Transactions, by Related Party [Table]
Schedule of Related Party Transactions, by Related Party [Table]
Legal Entity [Axis]
Legal Entity [Axis]
Entity [Domain]
Entity [Domain]
PHH Corporation
PHH Corporation [Member]
PHH Corporation.
Proceeds from sale of mortgage servicing rights accounted for as financing
Term of extended subservicing agreement (months)
Term Of Extended Subservicing Agreement Following Initial Term
This represent the subservicing term that can be extended after initial term of subservicing agreement.
Initial term to subservice mortgage servicing rights (years)
Initial Term To Subservice Mortgage Servicing Rights
This represent the initial term of subservicing the mortgage servicing rights for which rights had been sold and agreed upon by both counterparties under the Subservicing Agreement.
Number of loans serviced under subservicing arrangement
Number of Loans Serviced under Subservicing Arrangement
Number of loans serviced under subservicing arrangement.
Mortgage Servicing Rights Title Transferred [Member]
Mortgage Servicing Rights Title Transferred [Member]
Mortgage Servicing Rights Title Transferred.
Subservicing Assets [Member]
Subservicing Assets [Member]
Subservicing Assets.
Schedule of Derivative Activity
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
Schedule of Loans Held for Sale Fair Value
Loans Held For Sale Carried At Fair Value [Table Text Block]
Loans Held For Sale Carried At Fair Value [Table Text Block]
Schedule of Loans Held for Sale at Lower Cost or Fair Value, Activity
Schedule of Loans Held For Sale At Lower Cost Or Fair Value, Activity [Table Text Block]
Schedule of Loans Held For Sale At Lower Cost Or Fair Value, Activity [Table Text Block]
Schedule of Gains on Loans Held for Sale, Net
Gain On Loans Held For Sale [Table Text Block]
Gain On Loans Held For Sale [Table Text Block]
Allowance for financing notes
Equity
Stockholders' Equity Note Disclosure [Text Block]
Consolidation Items [Axis]
Consolidation Items [Axis]
Consolidation Items [Domain]
Consolidation Items [Domain]
Operating Segments
Operating Segments [Member]
Corporate Items and Other
Results of Operations
Results of Operations [Abstract]
-- None. No documentation exists for this element. --
MSR valuation adjustments, net
Operating expenses
Other (expense) income:
Other income (expense): [Abstract]
-- None. No documentation exists for this element. --
Pledged MSR liability expense
Servicing Asset at Amortized Cost, Amortization
Other
Total Assets
Total Assets [Abstract]
-- None. No documentation exists for this element. --
Balance