XML 79 R93.htm IDEA: XBRL DOCUMENT
v2.4.0.6

NOTE 18 DERIVATIVE FINANCIAL INSTRUMENTS (Detail) - (Table 1) (USD $) In Thousands, unless otherwise specified | 3 Months Ended |
--- | --- | ---
Mar. 31, 2013 | Dec. 31, 2012
IRLCs |  |
Derivative Balance | $ 1,112,519 |
Maturities | (1,651,514) |
Derivative Balance | 617,274 |
Fair value of derivative assets (liabilities) at: |  |
Balance | 4,652 | 5,781
Maturity | Apr. 2013 - Jun. 2013 |
IRLCs | Additions |  |
Additions (Subtractions) to Derivative Assets | 1,468,218 |
IRLCs | Amortization |  |
Additions (Subtractions) to Derivative Assets | (227,171) |
IRLCs | Terminations |  |
Additions (Subtractions) to Derivative Assets | (84,778) |
U.S. Treasury Futures |  |
Derivative Balance | 109,000 |
Maturities |  |
Derivative Balance |  |
Fair value of derivative assets (liabilities) at: |  |
Balance |  | (1,258)
U.S. Treasury Futures | Additions |  |
Additions (Subtractions) to Derivative Assets | 85,000 |
U.S. Treasury Futures | Amortization |  |
Additions (Subtractions) to Derivative Assets |  |
U.S. Treasury Futures | Terminations |  |
Additions (Subtractions) to Derivative Assets | (194,000) |
Forward Mortgage-Backed Securities Trades |  |
Derivative Balance | 1,638,979 |
Maturities | (2,940,387) |
Derivative Balance | 706,560 |
Fair value of derivative assets (liabilities) at: |  |
Balance | (1,108) | (1,719)
Maturity | Mar. 2013 - May 2013 |
Forward Mortgage-Backed Securities Trades | Additions |  |
Additions (Subtractions) to Derivative Assets | 4,479,506 |
Forward Mortgage-Backed Securities Trades | Amortization |  |
Additions (Subtractions) to Derivative Assets |  |
Forward Mortgage-Backed Securities Trades | Terminations |  |
Additions (Subtractions) to Derivative Assets | (2,471,538) |
Interest Rate Caps |  |
Derivative Balance | 1,025,000 |
Maturities |  |
Derivative Balance | 1,013,000 |
Fair value of derivative assets (liabilities) at: |  |
Balance | 123 | 168
Maturity | Feb. 2015 - May 2016 |
Interest Rate Caps | Additions |  |
Additions (Subtractions) to Derivative Assets |  |
Interest Rate Caps | Amortization |  |
Additions (Subtractions) to Derivative Assets | (12,000) |
Interest Rate Swaps |  |
Derivative Balance | 1,495,955 |
Maturities | (232,174) |
Derivative Balance | 2,438,781 |
Fair value of derivative assets (liabilities) at: |  |
Balance | (18,758) | (10,836)
Maturity | Mar. 2013 - May 2027 |
Interest Rate Swaps | Additions |  |
Additions (Subtractions) to Derivative Assets | 1,280,000 |
Interest Rate Swaps | Amortization |  |
Additions (Subtractions) to Derivative Assets |  |
Interest Rate Swaps | Terminations |  |
Additions (Subtractions) to Derivative Assets | $ (105,000) |

X
- Definition Range of date of the derivative contract matures. + References No definition available. + Details
Name: | ocn_DerivativeMaturityDateRange
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of the gross assets less the gross liabilities of a derivative asset or group of derivative assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13495-108611 + Details
Name: | us-gaap_DerivativeAssetFairValueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair values as of the balance sheet date of all assets resulting from contracts that meet the criteria of being accounted for as derivative instruments, net of the effects of master netting arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name FASB Staff Position (FSP) -Number FIN39-1 -Paragraph 10A, 10B -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 4, 17 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13495-108611 + Details
Name: | us-gaap_DerivativeAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition This item represents, as of the balance sheet date, the gross gains and losses in accumulated other comprehensive income, a separate component of shareholders' equity, for any derivatives that hedged the forecasted acquisition of held-to-maturity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 115 -Paragraph 19 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27232-111563 + Details
Name: | us-gaap_HeldToMaturitySecuritiesGrossGainsLossesDerivatives
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The increase (decrease) during the period in the carrying value of derivative instruments reported as assets that are due to be disposed of within one year (or the normal operating cycle, if longer). + References No definition available. + Details
Name: | us-gaap_IncreaseDecreaseInDerivativeAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration