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Note 14 LINES OF CREDIT AND OTHER BORROWINGS (Tables)

12 Months Ended

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	%

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 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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Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration