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Note 14 LINES OF CREDIT AND OTHER BORROWINGS (Detail) (USD $)
3 Months Ended 3 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Minimum [Member]
Participation Agreement [Member]
Dec. 31, 2012
Maximum [Member]
Participation Agreement [Member]
Sep. 30, 2011
Senior Secured Term Loan [Member]
Litton Acquisition [Member]
Dec. 31, 2012
Senior Secured Term Loan [Member]
Sep. 30, 2011
Litton Acquisition [Member]
Dec. 31, 2012
Homeward Acquisition [Member]
Jan. 31, 2012
Homeward Acquisition [Member]
Dec. 31, 2012
Participation Agreement [Member]
Dec. 31, 2012
Securities Sold Under Agreement To Repurchase [Member]
Proceeds from Secured Lines of Credit         $ 575,000,000     $ 100,000,000      
Debt Instrument, Unamortized Discount (8,232,000) [1] (10,491,000) [1]         11,500,000 1,000,000      
Debt Instrument, Periodic Payment, Principal           16,875,000          
Mandatory Principal Repayment, As Percentage of Net Cash Proceeds from Asset Sale 25.00%                    
Line of Credit Facility, Maximum Borrowing Capacity     50,000,000 90,000,000         1,700,000    
Line of Credit Facility, Collateral                   100%  
Debt Instrument, Face Amount                     $ 26,180,000
[1] On September 1, 2011, we entered into a new SSTL facility agreement and borrowed $575,000 that was primarily used to fund a portion of the Litton Acquisition. This initial loan was issued with an original issue discount of $11,500 that we are amortizing over the term of the loan. Subsequently, in order to fund a portion of the Homeward Acquisition, we entered into a Joinder Agreement with the lender in December 2012 that allowed us to borrow an additional $100,000, net of an original issue discount of $1,000, under this facility on essentially the same terms and conditions as the initial borrowing. Borrowings bear interest, at the election of Ocwen, at a rate per annum equal to either (a) the base rate [the greatest of (i) the prime rate of Barclays Bank PLC in effect on such day, (ii) the federal funds effective rate in effect on such day plus 0.50% and (iii) the one-month Eurodollar rate (1-Month LIBOR)], plus a margin of 4.50% and a base rate floor of 2.50% or (b) 1-Month LIBOR, plus a margin of 5.50% with a 1-Month LIBOR floor of 1.50%. We are required to repay the principal amount of the borrowings in consecutive quarterly installments of $16,875 per quarter commencing September 30, 2011 through June 30, 2016, with the balance becoming due on September 1, 2016. In addition, Ocwen is required to use 25% of the net cash proceeds (as defined) from any asset sale (as defined) to repay loan principal. Generally, this provision applies to non-operating sales of assets, such as the HLSS Transactions, and generally, net cash proceeds represent the proceeds from the sale of the assets, net of the repayment of any debt secured by a lien on the assets sold. The borrowings are secured by a first priority security interest in substantially all of the tangible and intangible assets of Ocwen. In February 2013, we repaid this loan in full.