XML 72 R47.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Advances (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Advances [Abstract] |
Schedule of Advance Payments by Financial Institution on Foreclosed Properties | Advances, net, representing payments made on behalf of borrowers or on foreclosed properties, consisted of the following at December 31:
| 2013 |  | 2012
Servicing: |  |  |  |  |
Principal and interest | $ | 141,307 |  |  | $ | 83,617 |
Taxes and insurance | 477,039 |  |  | 51,447 |
Foreclosures, bankruptcy and other | 269,409 |  |  | 41,296 |
| 887,755 |  |  | 176,360 |
Corporate Items and Other | 4,433 |  |  | 8,103 |
| $ | 892,188 |  |  | $ | 184,463 |
Match funded advances on residential loans we service for others are comprised of the following at December 31:
| 2013 |  | 2012
Principal and interest | $ | 1,497,649 |  |  | $ | 1,577,808 |
Taxes and insurance | 830,113 |  |  | 1,148,486 |
Foreclosures, bankruptcy, real estate and other | 224,621 |  |  | 322,950 |
| $ | 2,552,383 |  |  | $ | 3,049,244 |
Schedule of Activity in Advances | The following table summarizes the activity in advances for the years ended December 31:
| 2013 |  | 2012
Beginning balance | $ | 184,463 |  |  | $ | 103,591 |
Acquisitions (1) | 734,794 |  |  | 118,360 |
Transfers to match funded advances | (142,286 | ) |  | (74,317 | )
Sales of advances to HLSS | (200,749 | ) |  | — |
New advances, net of collections | 315,966 |  |  | 36,829 |
Other | — |  |  | — |
Ending balance | $ | 892,188 |  |  | $ | 184,463 |
(1) | Servicing advances acquired in connection with the acquisition of MSRs through business acquisitions and asset acquisitions. See Note 3 — Business Acquisitions and Note 9 — Mortgage Servicing for additional information.

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

X
- Definition Schedule of Activity in Advances [Table Text Block] + References No definition available. + Details
Name: | ocn_ScheduleofActivityinAdvancesTableTextBlock
Namespace Prefix: | ocn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) which will periodically be remitted to the lender, appropriate governmental agency(ies) or vendor(s) on behalf of the borrower. + References No definition available. + Details
Name: | ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock
Namespace Prefix: | ocn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration