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Fair Value - Narrative (Details) | 12 Months Ended
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Dec. 31, 2014
Loans Held for Investment - Reverse Mortgages [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Life | 6 years 11 months 23 days
Repayment rate | 19.26%ocn_FairValueInputsRepaymentRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_LoansHeldforInvestmentReverseMortgagesMember
Discount rate | 3.19%us-gaap_FairValueInputsDiscountRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_LoansHeldforInvestmentReverseMortgagesMember
Loans Held for Investment - Reverse Mortgages [Member] | Minimum [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Life | 6 years 6 months 29 days
Repayment rate | 4.82%ocn_FairValueInputsRepaymentRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_LoansHeldforInvestmentReverseMortgagesMember / us-gaap_RangeAxis = us-gaap_MinimumMember
Loans Held for Investment - Reverse Mortgages [Member] | Maximum [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Life | 10 years 7 months 28 days
Repayment rate | 53.75%ocn_FairValueInputsRepaymentRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_LoansHeldforInvestmentReverseMortgagesMember / us-gaap_RangeAxis = us-gaap_MaximumMember
Mortgage Servicing Rights - Amortized Costs [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Discount rate | 11.52%us-gaap_FairValueInputsDiscountRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember
Prepayment rate | 14.94%us-gaap_FairValueInputsPrepaymentRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember
Delinquency rate | 23.20%us-gaap_FairValueInputsProbabilityOfDefault / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember
Mortgage Servicing Rights - Amortized Costs [Member] | Minimum [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Discount rate | 9.25%us-gaap_FairValueInputsDiscountRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember / us-gaap_RangeAxis = us-gaap_MinimumMember
Prepayment rate | 10.97%us-gaap_FairValueInputsPrepaymentRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember / us-gaap_RangeAxis = us-gaap_MinimumMember
Delinquency rate | 6.89%us-gaap_FairValueInputsProbabilityOfDefault / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember / us-gaap_RangeAxis = us-gaap_MinimumMember
Fair value inputs basis spread on variable rate | 0.00%ocn_FairValueInputsBasisSpreadOnVariableRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember / us-gaap_RangeAxis = us-gaap_MinimumMember
Mortgage Servicing Rights - Amortized Costs [Member] | Maximum [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Discount rate | 15.18%us-gaap_FairValueInputsDiscountRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember / us-gaap_RangeAxis = us-gaap_MaximumMember
Prepayment rate | 17.54%us-gaap_FairValueInputsPrepaymentRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember / us-gaap_RangeAxis = us-gaap_MaximumMember
Delinquency rate | 31.94%us-gaap_FairValueInputsProbabilityOfDefault / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember / us-gaap_RangeAxis = us-gaap_MaximumMember
Fair value inputs basis spread on variable rate | 3.50%ocn_FairValueInputsBasisSpreadOnVariableRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsAmortizedCostsMember / us-gaap_RangeAxis = us-gaap_MaximumMember
Fair Value Mortgage Servicing Rights [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Discount rate | 9.01%us-gaap_FairValueInputsDiscountRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_FairValueMortgageServicingRightsMember
Prepayment rate | 9.77%us-gaap_FairValueInputsPrepaymentRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_FairValueMortgageServicingRightsMember
Mortgage Servicing Rights Pledged [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Discount rate | 15.40%us-gaap_FairValueInputsDiscountRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsPledgedMember
Mortgage Servicing Rights Pledged [Member] | Minimum [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Prepayment rate | 13.50%us-gaap_FairValueInputsPrepaymentRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsPledgedMember / us-gaap_RangeAxis = us-gaap_MinimumMember
Delinquency rate | 30.30%us-gaap_FairValueInputsProbabilityOfDefault / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsPledgedMember / us-gaap_RangeAxis = us-gaap_MinimumMember
Mortgage Servicing Rights Pledged [Member] | Maximum [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Prepayment rate | 24.80%us-gaap_FairValueInputsPrepaymentRate / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsPledgedMember / us-gaap_RangeAxis = us-gaap_MaximumMember
Delinquency rate | 35.10%us-gaap_FairValueInputsProbabilityOfDefault / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ocn_MortgageServicingRightsPledgedMember / us-gaap_RangeAxis = us-gaap_MaximumMember
HMBS - Related Borrowings [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Life | 5 years 7 months 17 days
Repayment rate | 19.26%ocn_FairValueInputsRepaymentRate / us-gaap_DebtInstrumentAxis = ocn_HMBSRelatedBorrowingsMember
Discount rate | 2.39%us-gaap_FairValueInputsDiscountRate / us-gaap_DebtInstrumentAxis = ocn_HMBSRelatedBorrowingsMember
HMBS - Related Borrowings [Member] | Minimum [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Life | 4 years 11 months 9 days
Repayment rate | 4.82%ocn_FairValueInputsRepaymentRate / us-gaap_DebtInstrumentAxis = ocn_HMBSRelatedBorrowingsMember / us-gaap_RangeAxis = us-gaap_MinimumMember
HMBS - Related Borrowings [Member] | Maximum [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Life | 10 years 7 months 28 days
Repayment rate | 53.75%ocn_FairValueInputsRepaymentRate / us-gaap_DebtInstrumentAxis = ocn_HMBSRelatedBorrowingsMember / us-gaap_RangeAxis = us-gaap_MaximumMember

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- Definition Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
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- Definition Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
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- Definition Rate at which loans or a loan portfolio are expected to prepay principal balances, used as an input to measure fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
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- Definition Percentage of likelihood a loan will not be repaid and instead default, used as an input to measure fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
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