XML 39 R75.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Advances - Activity (Details) (USD $) In Thousands, unless otherwise specified | 6 Months Ended
--- | ---
Jun. 30, 2014 | Jun. 30, 2013
Advances [Roll Forward] |  |  |  |
Advances, beginning balance | $ 890,832 |  | $ 184,463 |
Acquisitions | 99,318 | [1] | 267,852 | [1]
Transfers to match funded advances | (10,156) |  | 0 |
Advances Payments on Behalf of Borrower, Sales | 0 | [2] | (61,673) | [2]
New advances, net of collections | (34,185) |  | 86,215 |
Advances, ending balance | $ 945,809 |  | $ 476,857 |
[1] | Servicing advances acquired through business acquisitions and asset acquisitions, primarily in connection with the acquisition of MSRs. See Note 3 – Business Acquisitions, Note 5 – Loans Held for Sale and Note 8 – Mortgage Servicing for additional information.
[2] | e periodically sell Rights to MSRs and the related servicing advances to HLSS. The related advance sales generally meet the requirements for sale accounting and are derecognized from our financial statements at the time of the sale. In connection with the Ginnie Mae EBO Transactions completed during 2014, we transferred advances related to certain FHA-insured mortgage loans to HLSS Mortgage and HLSS SEZ LP in transactions which did not qualify as sales for accounting purposes.

X
- Definition Advance Payments on Behalf of Borrower, Acquired During the Period + References No definition available. + Details
Name: | ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Advance Payments on Behalf of Borrowers, Transferred + References No definition available. + Details
Name: | ocn_AdvancePaymentsonBehalfofBorrowersTransferred
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Advances Payments on Behalf of Borrowers, Additions + References No definition available. + Details
Name: | ocn_AdvancesPaymentsonBehalfofBorrowersAdditions
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Advances Payments on Behalf of Borrower, Sales + References No definition available. + Details
Name: | ocn_AdvancesPaymentsonBehalfofBorrowerSales
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Total advance payments made by financial institutions on behalf of borrowers in a servicing relationship. + References No definition available. + Details
Name: | ocn_AdvancesPaymentsOnBehalfOfByBorrower
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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