XML 21 R104.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Derivative Financial Instruments and Hedging Activities - Schedule of Changes in Notional Balance of Holdings of Derivatives (Details) (USD $) In Thousands, unless otherwise specified | 9 Months Ended |
--- | --- | ---
Sep. 30, 2014 | Dec. 31, 2013
Fair value of derivative assets (liabilities) at: |  |  |  |
Derivatives, at fair value | $ 6,169 | [1] | $ 15,494 | [1]
Interest Rate Lock Commitments [Member] |  |  |  |
Derivative Notional Balance [Roll Forward] |  |  |  |
Beginning notional balance | 751,436 |  |  |
Additions | 3,795,311 |  |  |
Amortization | 94,571 |  |  |
Maturities | (3,298,265) |  |  |
Terminations | (876,254) |  |  |
Ending notional balance | 466,799 |  |  |
Fair value of derivative assets (liabilities) at: |  |  |  |
Derivatives, at fair value | 6,117 |  | 8,433 |
Maturity | Nov. 2014 - Jan. 2014 |  |  |
Forward Mortgage Backed Securities Trades [Member] |  |  |  |
Derivative Notional Balance [Roll Forward] |  |  |  |
Beginning notional balance | 950,648 |  |  |
Additions | 6,951,828 |  |  |
Amortization | 0 |  |  |
Maturities | (3,379,589) |  |  |
Terminations | (3,762,592) |  |  |
Ending notional balance | 760,295 |  |  |
Fair value of derivative assets (liabilities) at: |  |  |  |
Derivatives, at fair value | (1,089) |  | 6,905 |
Maturity | Nov. 2014 - Dec. 2014 |  |  |
Interest Rate Cap [Member] |  |  |  |
Derivative Notional Balance [Roll Forward] |  |  |  |
Beginning notional balance | 1,868,000 |  |  |
Additions | 100,000 |  |  |
Amortization | (490,000) |  |  |
Maturities | 0 |  |  |
Terminations | 0 |  |  |
Ending notional balance | 1,478,000 |  |  |
Fair value of derivative assets (liabilities) at: |  |  |  |
Derivatives, at fair value | $ 91 |  | $ 442 |
Maturity | Nov. 2016 |  |  |
[1] | See Note 15 – Derivative Financial Instruments and Hedging Activities for additional information.

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
Name: | invest_DerivativeNotionalAmount
Namespace Prefix: | invest_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents amount for amortization of derivative instruments during the period. + References No definition available. + Details
Name: | ocn_AmortizationOfDerivative
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents an increase in derivative instruments during the period. + References No definition available. + Details
Name: | ocn_DerivativeAdditions
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents amount for maturities of derivative instruments during the period. + References No definition available. + Details
Name: | ocn_DerivativeMaturities
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents a maturity period of derivative. + References No definition available. + Details
Name: | ocn_DerivativeMaturityPeriod
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Represents amount for termination of derivative instruments during the period. + References No definition available. + Details
Name: | ocn_DerivativeTerminations
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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 assets less the liabilities of a derivative or group of derivatives. + References Reference 1: 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=28364263&loc=d3e13433-108611 Reference 2: 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 3: 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=28364263&loc=d3e13495-108611 Reference 4: 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 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant