XML 91 R41.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Note 12 LINES OF CREDIT AND OTHER SECURED BORROWINGS (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2012
Schedule of Line of Credit Facilities [Table Text Block] |
|  |  |  |  |  |  |  | Unused |  | Balance Outstanding
Borrowings |  | Collateral |  | Interest Rate |  | Maturity |  | Borrowing Capacity |  | March 31, 2012 |  | December 31, 2011
Servicing: |  |  |  |  |  |  |  |  |  |  |  |
Senior secured term loan (1) |  |  | (1) |  |  |  | 1-Month LIBOR + 550 bps with a LIBOR floor of 1.50% (1) |  |  |  | Sept. 2016 |  |  | $ | — |  |  | $ | 494,426 |  |  | $ | 546,250 |
Financing liability – MSRs pledged (2) |  |  | MSRs (2) |  |  |  | (2) |  |  |  | (2) |  |  |  | — |  |  |  | 61,674 |  |  |  | — |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | 556,100 |  |  |  | 546,250 |
Corporate Items and Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities sold under an agreement to repurchase (3) |  |  | Ocwen Real Estate Asset Liquidating Trust 2007-1 Notes |  |  |  | (3) |  |  |  | (3) |  |  |  | — |  |  |  | 4,265 |  |  |  | 4,610 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 560,365 |  |  |  | 550,860 |
Discount (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | (9,747 | ) |  |  | (10,491 | )
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | — |  |  | $ | 550,618 |  |  | $ | 540,369 |

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 4 -Section 08 -Paragraph f Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration