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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenue      
Servicing and subservicing fees $ 1,894,175us-gaap_ServicingFeesNet $ 1,823,559us-gaap_ServicingFeesNet $ 804,407us-gaap_ServicingFeesNet
Gain on loans held for sale, net 134,297ocn_GainOnLoansHeldForSaleNet 121,694ocn_GainOnLoansHeldForSaleNet 215ocn_GainOnLoansHeldForSaleNet
Other revenues 82,853us-gaap_RevenueOtherFinancialServices 93,020us-gaap_RevenueOtherFinancialServices 40,581us-gaap_RevenueOtherFinancialServices
Total revenue 2,111,325us-gaap_Revenues 2,038,273us-gaap_Revenues 845,203us-gaap_Revenues
Operating expenses      
Compensation and benefits 415,530us-gaap_LaborAndRelatedExpense 442,777us-gaap_LaborAndRelatedExpense 122,341us-gaap_LaborAndRelatedExpense
Goodwill impairment loss 420,201us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss
Amortization of mortgage servicing rights 250,375us-gaap_AmortizationOfMortgageServicingRightsMSRs 282,781us-gaap_AmortizationOfMortgageServicingRightsMSRs 72,897us-gaap_AmortizationOfMortgageServicingRightsMSRs
Servicing and origination 202,739ocn_ServicingAndOrigination 112,127ocn_ServicingAndOrigination 25,542ocn_ServicingAndOrigination
Technology and communications 167,053us-gaap_CommunicationsAndInformationTechnology 140,466us-gaap_CommunicationsAndInformationTechnology 45,362us-gaap_CommunicationsAndInformationTechnology
Professional services 326,667us-gaap_ProfessionalFees 123,886us-gaap_ProfessionalFees 29,213us-gaap_ProfessionalFees
Occupancy and equipment 109,179us-gaap_OccupancyNet 105,145us-gaap_OccupancyNet 47,044us-gaap_OccupancyNet
Other operating expenses 143,464us-gaap_OtherCostAndExpenseOperating 94,112us-gaap_OtherCostAndExpenseOperating 21,508us-gaap_OtherCostAndExpenseOperating
Total operating expenses 2,035,208us-gaap_OperatingExpenses 1,301,294us-gaap_OperatingExpenses 363,907us-gaap_OperatingExpenses
Income from operations 76,117us-gaap_OperatingIncomeLoss 736,979us-gaap_OperatingIncomeLoss 481,296us-gaap_OperatingIncomeLoss
Other income (expense)      
Interest income 22,991us-gaap_InterestAndDividendIncomeOperating 22,355us-gaap_InterestAndDividendIncomeOperating 8,329us-gaap_InterestAndDividendIncomeOperating
Interest expense (541,757)us-gaap_InterestExpense (395,586)us-gaap_InterestExpense (223,455)us-gaap_InterestExpense
Gain (loss) on extinguishment of debt 2,609us-gaap_GainsLossesOnExtinguishmentOfDebt (8,681)us-gaap_GainsLossesOnExtinguishmentOfDebt (2,167)us-gaap_GainsLossesOnExtinguishmentOfDebt
Other, net (3,119)us-gaap_OtherNonoperatingIncomeExpense (2,588)us-gaap_OtherNonoperatingIncomeExpense (6,495)us-gaap_OtherNonoperatingIncomeExpense
Total other expense, net (519,276)us-gaap_NonoperatingIncomeExpense (384,500)us-gaap_NonoperatingIncomeExpense (223,788)us-gaap_NonoperatingIncomeExpense
Income (loss) before income taxes (443,159)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 352,479us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 257,508us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense 26,396us-gaap_IncomeTaxExpenseBenefit 42,061us-gaap_IncomeTaxExpenseBenefit 76,585us-gaap_IncomeTaxExpenseBenefit
Net income (loss) (469,555)us-gaap_ProfitLoss 310,418us-gaap_ProfitLoss 180,923us-gaap_ProfitLoss
Net income attributable to non-controlling interests (245)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income (loss) attributable to Ocwen stockholders (469,800)us-gaap_NetIncomeLoss 310,418us-gaap_NetIncomeLoss 180,923us-gaap_NetIncomeLoss
Preferred stock dividends (1,163)us-gaap_DividendsPreferredStock (5,031)us-gaap_DividendsPreferredStock (85)us-gaap_DividendsPreferredStock
Deemed dividends related to beneficial conversion feature of preferred stock (1,639)ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact (6,989)ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact (60)ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact
Net income (loss) attributable to Ocwen common stockholders $ (472,602)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 298,398us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 180,778us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings (loss) per share attributable to Ocwen common stockholders      
Basic (in dollars per share) $ (3.60)us-gaap_EarningsPerShareBasic $ 2.20us-gaap_EarningsPerShareBasic $ 1.35us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ (3.60)us-gaap_EarningsPerShareDiluted $ 2.13us-gaap_EarningsPerShareDiluted $ 1.31us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding      
Basic (in shares) 131,362,284us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 135,678,088us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 133,912,643us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 131,362,284us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 139,800,506us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 138,521,279us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding