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Document And Entity Information (USD $)
 12 Months Ended
Dec. 31, 2013
Feb. 24, 2014
Jun. 28, 2013
Document and Entity Information [Abstract]      
Entity Registrant Name Ocwen Financial Corporation    
Entity Central Index Key 0000873860    
Current Fiscal Year End Date --12-31    
Entity Filer Category Large Accelerated Filer    
Document Type 10-K/A    
Document Period End Date Dec. 31, 2013    
Document Fiscal Year Focus 2013    
Document Fiscal Period Focus FY    
Amendment Flag true    
Amendment Description Ocwen Financial Corporation (the “Company”, “Ocwen”, “we”, “us”, “our”) is filing this Amendment No. 1 (Amendment) to its Annual Report on Form 10-K for the year ended December 31, 2013 (Original Form 10-K) filed with the Securities and Exchange Commission (SEC) on March 3, 2014 (Original Filing Date) to restate and revise the Company’s previously issued audited consolidated financial statements and related financial information for the year and each of the quarterly periods in the year ended December 31, 2013 included in its Original Form 10-K. This Amendment is to correct an error in the application of the interest method in accounting for a financing liability. In this Amendment we have further revised the Company’s previously issued audited consolidated financial statements and related financial information for the year ended December 31, 2013 to retrospectively reflect certain measurement period adjustments identified in 2014 related to a business combination completed in 2013. This change is not being made in connection with the restatement, but instead is required by generally accepted accounting standards in the United States (GAAP). The adjustments to correct the error in applying the interest method to certain financing liabilities resulted in an increase in net income of $16.3 million and an increase in basic and diluted earnings per share of $0.12 and $0.11, respectively, for the year ended December 31, 2013. Revisions to the Original Form 10-K have been made to the Company’s Consolidated Financial Statements and related disclosures in Part II, Item 8 - Financial Statements and Supplementary Data for the year ended December 31, 2013. In addition, corresponding changes have been made to the following other items to reflect the restatement and the revision related to the ResCap Acquisition described above: (A) Amendments to Part I, Item 1A - Risk Factors, to add an additional risk factor regarding our internal controls over financial reporting as a result of the identification of a material weakness in our financial reporting. (B) Amendments to Part II, Item 6 - Selected Financial Data, to restate (a) our 2013 annual results of operations to reflect a reduction in interest expense related to a change in the value of Financing liabilities which had the effect of overstating our consolidated Other expense, net and understating Income before tax by $17.3 million and increasing income tax expense by $1.0 million for the year ended 2013 and to revise and/or restate (b) our 2013 balance sheet to reflect (i) an increase in Total assets and Total liabilities of $54.2 million to reflect final purchase accounting adjustments in connection with the ResCap Acquisition; (ii) a reduction in Total liabilities and Financing liabilities of $17.3 million; and (iii) the impact on our income tax accounts for the effects of above items within our results of operations and/or balance sheet as of December 31, 2013. (C) Amendments to Part II, Item 7 - Management’s Discussion and Analysis of Financial Condition and Results of Operations, to reflect the restatement of our financial results, described in (B) above. (D) Amendments to Part II, Item 8 - Financial Statements and Supplementary Data , to restate our 2013 consolidated balance sheet as of December 31, 2013, and the consolidated statements of operations, comprehensive income, changes in equity and cash flows for the year ended December 31, 2013 and related disclosures for the items noted within (B) above. (E) Amendments to Part II, Item 9A - Controls and Procedures, to (i) describe changes in our disclosure controls and procedures and our internal controls over financial reporting to address a material weakness, (ii) modify management’s opinion of the effectiveness of our internal controls over financial reporting as of December 31, 2013, and (iii) modify the Report of our Independent Registered Public Accounting Firm for its opinion on the effectiveness of our internal controls over financial reporting as of December 31, 2013. (F) Part IV, Item 15 - Exhibits, Financial Statement Schedules, including exhibits 12.1, 23.1, 31.1, 31.2, 32.1 and 32.2.    
Entity Common Stock, Shares Outstanding   135,176,271  
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Public Float     $ 4,655,665,365