Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE RELATED LOANS (Details Narrative)

v2.4.0.6
REAL ESTATE RELATED LOANS (Details Narrative) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 0 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Excess MSRs Pool 1
Sep. 30, 2012
Excess MSRs Pool 2
Sep. 30, 2012
Excess MSRs Pool 3
Sep. 30, 2012
Excess MSRs Pool 4
Sep. 30, 2012
Excess MSRs Pool 5
Sep. 30, 2012
Excess MSRs Pool 3,4,5 Consolidated
Carrying Value Interest Receivable Residential Mortgage Loans $ 100              
Carrying Value Principal and Interest Receivable Manufactured Housing Loans 4,900              
Face Amount of Real Estate Related Loans on Non-Accrual Status 136,500              
Charge-offs for real estate related loans, number of loans charged off 1              
Pool of Agency Residential Mortgage Loans Principal Balance     9,900,000 10,400,000 9,800,000 6,300,000 47,600,000 63,700,000
Weighted Average Total Mortgage Servicing Amount Entitlement 0.35%              
Nationstar MSR Agreement I fee 0.06%              
Remainder/Excess MSRs 0.29%              
Excess MSR amount on future mortgage loans 65.00%              
Purchased MSR Portfolio I     43,700 44,000       176,500
Nationstar co-investment in MSR Portfolio I 35.00%              
Purchased MSR Portfolio I, funded amount   11,000            
Newcastle's share of termination payments 65.00%              
Percentage of principal balance of residential mortgage loans non-conforming in private label securitizations 75.00%              
Percentage of principal balance of residential mortgage loans conforming in GSE pools 25.00%              
Acquisition of servicing rights    (2,268)            
Amortization of Servicing Rights 300 200            
Servicing Asset 1,800              
Average loan seasoning for Subprime Portfolios I 86              
Average loan seasoning for Subprime Portfolios II 68              
Weighted Average Yield of Retained Bonds 8.36%              
Retained Notes excluded from face amount of debt in Subprime Portfolio I $ 4,000              
Weighted Average Coupon Rate for Subprime Portfolio I 9.24%              
Weighted Average Coupon Rate for Subprime Portfolio II 8.68%