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Employee Compensation and Benefit Plan - Schedule of Valuation Assumptions (Details)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Black-Scholes [Member]
      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Risk-free interest rate 2.32% 1.20 – 1.60% 0.0157
Expected stock price volatility 44% [1] 40% – 42% [1] 0.41 [1]
Expected option life (in years) 6.50 [2] 6.50 [2] 6.50 [2]
Fair value $24.32 $6.49 – $10.48 5.51
Binomial [Member]
      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Risk-free interest rate 0.24 - 3.56% 0.70% – 3.06% 0.35% – 2.74%
Expected stock price volatility 33 - 44% [1] 6.87% – 42% [1] 30% – 41% [1]
Expected option life (in years) 4.50 - 5.75 [2] 4.50 – 6.50 [2] 4.25 – 5.75 [2]
Contractual life (in years) 10 10 10
Fair value $18.04 - 21.38 $3.41 – $8.87 $4.66 – $4.09
[1] We estimate volatility based on the historical volatility of Ocwen’s common stock over the most recent period that corresponds with the estimated expected life of the option.
[2] For the options valued using the Black-Scholes model we determined the expected life based on historical experience with similar awards, giving consideration to the contractual term, exercise patterns and post vesting forfeitures. The expected term of the options valued using the lattice (binomial) model is derived from the output of the model. The lattice (binomial) model incorporates exercise assumptions based on analysis of historical data. For all options, the expected life represents the period of time that options granted were expected to be outstanding at the date of the award.