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Borrowings - Schedule of Financing Liabilities (Details) (USD $) In Thousands, unless otherwise specified | 12 Months Ended |
--- | --- | ---
Dec. 31, 2014 | Dec. 31, 2013
Debt Instrument [Line Items] |  |  |  |
Long-term debt, gross | $ 2,258,641 us-gaap_DebtInstrumentCarryingAmount |  | $ 1,266,973 us-gaap_DebtInstrumentCarryingAmount |
Financing Liabilities [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Long-term debt, gross | 2,258,641 us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember |  | 1,266,973 us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember |
Financing Liabilities [Member] | Servicing [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Long-term debt, gross | 814,389 us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_ServicingMember |  | 633,804 us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_ServicingMember |
Financing Liabilities [Member] | Lending [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Long-term debt, gross | 1,444,252 us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_LendingMember |  | 633,169 us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_LendingMember |
Financing Liability - MSRs Pledged [Member] | Financing Liabilities [Member] | Servicing [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Long-term debt, gross | 614,441 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_FinancingLiabilityMortgageServicingRatesPledged1Member / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_ServicingMember | [1] | 633,804 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_FinancingLiabilityMortgageServicingRatesPledged1Member / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_ServicingMember | [1]
Secured Notes, Ocwen Asset Servicing Income Series, Series 2014-1 [Member] | Financing Liabilities [Member] | Servicing [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Maturity | Feb. 28, 2028 |  |  |
Long-term debt, gross | 111,459 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_OASISSeries20141Member / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_ServicingMember | [2] | 0 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_OASISSeries20141Member / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_ServicingMember | [2]
Financing Liability – Advances Pledged [Member] | Financing Liabilities [Member] | Servicing [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Long-term debt, gross | 88,489 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_FinancingLiabilityAdvancesPledgedMember / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_ServicingMember | [3] | 0 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_FinancingLiabilityAdvancesPledgedMember / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_ServicingMember | [3]
Financing Liability - MSRs Pledged [Member] | Financing Liabilities [Member] | Lending [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Long-term debt, gross | 0 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_FinancingLiabilityMortgageServicingRightsPledged2Member / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_LendingMember | [4] | 17,593 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_FinancingLiabilityMortgageServicingRightsPledged2Member / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_LendingMember | [4]
HMBS - Related Borrowings [Member] | Financing Liabilities [Member] | Lending [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Long-term debt, gross | $ 1,444,252 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_HMBSRelatedBorrowingsMember / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_LendingMember | [5] | $ 615,576 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = ocn_HMBSRelatedBorrowingsMember / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_StatementBusinessSegmentsAxis = ocn_LendingMember | [5]
LIBOR [Member] | HMBS - Related Borrowings [Member] | Financing Liabilities [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Interest rate | 2.43%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_DebtInstrumentAxis = ocn_HMBSRelatedBorrowingsMember / us-gaap_LongtermDebtTypeAxis = ocn_FinancingLiabilitiesMember / us-gaap_VariableRateAxis = us-gaap_LondonInterbankOfferedRateLIBORMember |  |  |
[1] | This financing liability arose in connection with the HLSS Transactions and has no contractual maturity. The balance of the liability is adjusted each reporting period to its fair value based on the present value of the estimated future cash flows underlying the related MSRs.
[2] | OASIS noteholders are entitled to receive a monthly payment amount equal to the sum of: (a) the designated servicing fee amount (21 basis points of the UPB of the reference pool of Freddie Mac mortgages); (b) any termination payment amounts; (c) any excess refinance amounts; and (d) the note redemption amounts, each as defined in the indenture supplement for the notes. The notes have a final stated maturity of February 2028. We accounted for this transaction as a financing. Monthly amortization of the liability is estimated using the proportion of monthly projected service fees on the underlying MSRs as a percentage of lifetime projected fees, adjusted for the term of the security.
[3] | Certain advances were sold to HLSS Mortgage and HLSS SEZ LP on March 4, 2014 and May 2, 2014, respectively. These sales of advances did not qualify for sales accounting treatment and were accounted for as a financing.
[4] | Represents sales of MSRs to a third party that were being accounted for as a financing. The financing liability was being amortized using the interest method with the servicing income that was remitted to the purchaser representing payments of principal and interest. In April 2014, we derecognized the remaining liability related to this MSR sale. During 2014, we recognized a gain of $2.6 million on the extinguishment of the financing liability.
[5] | Represents amounts due to the holders of beneficial interests in Ginnie Mae guaranteed HMBS. The beneficial interests have no maturity dates, and the borrowings mature as the related loans are repaid.

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- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 + Details
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