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Note 14 LINES OF CREDIT AND OTHER BORROWINGS (Tables) | 12 Months Ended
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Dec. 31, 2012
Schedule of Line of Credit Facilities [Table Text Block] |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | Balance Outstanding |
Borrowings |  |  | Collateral |  | Interest Rate |  |  | Maturity |  |  |  | Unused Borrowing Capacity |  |  |  | December 31, 2012 |  |  |  | December 31, 2011 |
Servicing: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
SSTL (1) |  |  | (1) |  | 1ML + 550 bps with a LIBOR floor of 150 bps (1) |  |  | Sept. 2016 |  |  | $ | — |  |  | $ | 314,229 |  |  |  | 546,250 |
Senior unsecured term loan (2) |  |  |  |  | 1-Month Euro-dollar rate + 675 bps with a Eurodollar floor of 150 bps |  |  | March, 2017 |  |  |  | — |  |  |  | 75,000 |  |  |  | — |
Financing liability – MSRs pledged (3) |  |  | MSRs (3) |  | (3)(3) |  |  |  |  |  |  | — |  |  |  | 303,705 |  |  |  | — |
Financing liability – MSRs pledged (4) |  |  | MSRs (4) |  | (4)(4) |  |  |  |  |  |  | — |  |  |  | 2,603 |  |  |  | — |
Promissory note (5) |  |  | MSRs |  | 1ML + 350 bps |  |  | May 2017 |  |  |  | — |  |  |  | 18,466 |  |  |  | — |
|  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | 714,003 |  |  |  | 546,250 |
Lending: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Master repurchase agreement (6) |  |  | Loans held for sale (LHFS) |  | 1ML + 175 bps |  |  | Jan. 2013 |  |  |  | 36,878 |  |  |  | 88,122 |  |  |  | — |
Participation agreement (7) |  |  | LHFS |  | N/A |  |  | Feb. 2013 |  |  |  | — |  |  |  | 58,938 |  |  |  | — |
Master repurchase agreement (8) |  |  | LHFS |  | 1ML + 200 bps |  |  | Feb. 2013 |  |  |  | 116,005 |  |  |  | 133,995 |  |  |  | — |
Master repurchase agreement |  |  | LHFS |  | 1ML + 200 bps |  |  | Jul. 2013 |  |  |  | 192,980 |  |  |  | 107,020 |  |  |  | — |
|  |  |  |  |  |  |  |  |  |  |  | 345,863 |  |  |  | 388,075 |  |  |  | — |
Corporate Items and Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities sold under an agreement to repurchase (9) |  |  | Ocwen Real Estate Asset Liquidating Trust 2007-1 Notes |  | Class A-2 notes: 1ML + 200 bps; Class A-3 notes: 1ML + 300 bps |  |  | Monthly |  |  |  | — |  |  |  | 2,833 |  |  |  | 4,610 |
|  |  |  |  |  |  |  |  |  |  |  | 345,863 |  |  |  | 1,104,911 |  |  |  | 550,860 |
Discount (1) |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | (8,232 | ) |  |  | (10,491 | )
|  |  |  |  |  |  |  |  |  |  | $ | 345,863 |  |  | $ | 1,096,679 |  |  | $ | 540,369 |
Weighted average interest rate (10) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.49 | % |  |  | 6.96 | %

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- 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 SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 Reference 2: 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 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph f -Article 4 Reference 4: 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 + Details
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