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Derivative Financial Instruments and Hedging Activities - Summary of Open Derivative Positions and the Gains (Losses) on all Derivatives (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Hedge the effect of changes in interest rates on interest expense on borrowings    
Asset / (Liability) at Fair Value $ 3,778us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet [1]  
Losses 43,697us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments  
Interest Rate Cap [Member]    
Hedge the effect of changes in interest rates on interest expense on borrowings    
Notional Amount 1,729,000invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateCapMember
1,868,000invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateCapMember
Interest Rate Cap [Member] | Other Net [Member]    
Hedge the effect of changes in interest rates on interest expense on borrowings    
Expiration Date Nov. 2016 - Oct. 2017  
Asset / (Liability) at Fair Value 567us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateCapMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_OtherNetMember
[1]  
Losses 661us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateCapMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_OtherNetMember
 
Consolidated Statement of Operations Caption Other, net  
Interest Rate Cap [Member] | Other Net [Member] | Not Designated as Hedging Instrument [Member]    
Hedge the effect of changes in interest rates on interest expense on borrowings    
Notional Amount 1,729,000invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateCapMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_OtherNetMember
 
Forward Mortgage Backed Securities Trades [Member]    
Hedge the effect of changes in interest rates on interest expense on borrowings    
Notional Amount 703,725invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= ocn_ForwardMortgageBackedSecuritiesTradesMember
950,648invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= ocn_ForwardMortgageBackedSecuritiesTradesMember
Forward Mortgage Backed Securities Trades [Member] | Gain On Loans Held For Sale Net [Member]    
Hedge the effect of changes in interest rates on interest expense on borrowings    
Expiration Date Feb 2015 - Mar 2015  
Asset / (Liability) at Fair Value (2,854)us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet
/ us-gaap_DerivativeInstrumentRiskAxis
= ocn_ForwardMortgageBackedSecuritiesTradesMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
[1]  
Losses 17,214us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
/ us-gaap_DerivativeInstrumentRiskAxis
= ocn_ForwardMortgageBackedSecuritiesTradesMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
 
Consolidated Statement of Operations Caption Gain on loans held for sale, net  
Forward Mortgage Backed Securities Trades [Member] | Gain On Loans Held For Sale Net [Member] | Not Designated as Hedging Instrument [Member]    
Hedge the effect of changes in interest rates on interest expense on borrowings    
Notional Amount 703,725invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= ocn_ForwardMortgageBackedSecuritiesTradesMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
 
IRLCs [Member]    
Hedge the effect of changes in interest rates on interest expense on borrowings    
Notional Amount 239,406invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateLockCommitmentsMember
751,436invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateLockCommitmentsMember
IRLCs [Member] | Gain On Loans Held For Sale Net [Member]    
Hedge the effect of changes in interest rates on interest expense on borrowings    
Expiration Date Feb 2015 - Mar 2015  
Asset / (Liability) at Fair Value 6,065us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateLockCommitmentsMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
[1]  
Losses 25,822us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateLockCommitmentsMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
 
Consolidated Statement of Operations Caption Gain on loans held for sale, net  
IRLCs [Member] | Gain On Loans Held For Sale Net [Member] | Not Designated as Hedging Instrument [Member]    
Hedge the effect of changes in interest rates on interest expense on borrowings    
Notional Amount $ 239,406invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateLockCommitmentsMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
 
[1] Derivatives are reported at fair value in Receivables, Other assets or in Other liabilities on our Consolidated Balance Sheets.