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Loans Held for Sale - Summary of Activity in Gain on Loans Held for Sale, Net (Details) (USD $) In Thousands, unless otherwise specified | 12 Months Ended
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Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012
Loans Held For Sale At Fair Value [Abstract] |  |  |
Gain on sales of loans | $ 168,449 ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained | $ 82,518 ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained | $ 6,797 ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained
Change in fair value of IRLCs | (25,822)ocn_GainLossOnInterestRateDerivativeInstruments | 523 ocn_GainLossOnInterestRateDerivativeInstruments | 2 ocn_GainLossOnInterestRateDerivativeInstruments
Change in fair value of loans held for sale | 10,489 ocn_ChangeInFairValueOfMortgageLoansHeldForSale | (1,709)ocn_ChangeInFairValueOfMortgageLoansHeldForSale | (5,462)ocn_ChangeInFairValueOfMortgageLoansHeldForSale
Gain (loss) on economic hedge instruments | (17,214)us-gaap_UnrealizedGainLossOnDerivatives | 42,732 us-gaap_UnrealizedGainLossOnDerivatives | (1,075)us-gaap_UnrealizedGainLossOnDerivatives
Other | (1,605)us-gaap_GainsLossesOnSalesOfOtherRealEstate | (2,370)us-gaap_GainsLossesOnSalesOfOtherRealEstate | (47)us-gaap_GainsLossesOnSalesOfOtherRealEstate
Gain on loans held for sale, net | $ 134,297 us-gaap_GainLossOnSalesOfLoansNet | $ 121,694 us-gaap_GainLossOnSalesOfLoansNet | $ 215 us-gaap_GainLossOnSalesOfLoansNet

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- Definition The increase (decrease) during the reporting period in the fair value of mortgage loans that are held with the intention to sell or be securitized in the near future. + References No definition available. + Details
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- Definition Represents the net increase or decrease in the fair value of the interest rate derivative or group of derivatives. + References No definition available. + Details
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- Definition Gain On Sale Of Loans Including Value Assigned To MSRs Retained + References No definition available. + Details
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- Details
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- Definition The net gain (loss) resulting from a sale of loans, including adjustments to record loans classified as held-for-sale at the lower-of-cost-or-market and fair value adjustments to loan held for investment purposes. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13(h)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.3(a)) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 + Details
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- Definition The net gain (loss) resulting from sales and other disposals of other real estate owned, increases (decreases) in the valuation allowance for foreclosed real estate, and write-downs of other real estate owned after acquisition or physical possession. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.14(d)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 14 -Subparagraph d -Article 9 + Details
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 + Details
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