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Derivative Financial Instruments and Hedging Activities - Schedule of Changes in Notional Balance of Holdings of Derivatives (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended |
--- | --- | ---
Mar. 31, 2015 | Dec. 31, 2014
Fair value of derivative assets (liabilities) at: |  |
Derivatives, at fair value | $ 9,545us-gaap_DerivativeFairValueOfDerivativeNet | $ 6,065us-gaap_DerivativeFairValueOfDerivativeNet
Interest Rate Lock Commitments [Member] |  |
Derivative Notional Balance [Roll Forward] |  |
Beginning notional balance | 239,406invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateLockCommitmentsMember |
Additions | 1,288,957ocn_DerivativeAdditions / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateLockCommitmentsMember |
Amortization |  |
Maturities | (964,465)ocn_DerivativeMaturities / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateLockCommitmentsMember |
Terminations | (144,390)ocn_DerivativeTerminations / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateLockCommitmentsMember |
Ending notional balance | 419,508invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateLockCommitmentsMember |
Fair value of derivative assets (liabilities) at: |  |
Derivatives, at fair value | 9,516us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateLockCommitmentsMember | 6,065us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateLockCommitmentsMember
Maturity | Apr. 2015 - Jun. 2015 |
Forward Mortgage Backed Securities Trades [Member] |  |
Derivative Notional Balance [Roll Forward] |  |
Beginning notional balance | 703,725invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = ocn_ForwardMortgageBackedSecuritiesTradesMember |
Additions | 2,481,134ocn_DerivativeAdditions / us-gaap_DerivativeInstrumentRiskAxis = ocn_ForwardMortgageBackedSecuritiesTradesMember |
Amortization | 69,773ocn_AmortizationOfDerivative / us-gaap_DerivativeInstrumentRiskAxis = ocn_ForwardMortgageBackedSecuritiesTradesMember |
Maturities | (1,121,701)ocn_DerivativeMaturities / us-gaap_DerivativeInstrumentRiskAxis = ocn_ForwardMortgageBackedSecuritiesTradesMember |
Terminations | (1,349,218)ocn_DerivativeTerminations / us-gaap_DerivativeInstrumentRiskAxis = ocn_ForwardMortgageBackedSecuritiesTradesMember |
Ending notional balance | 783,713invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = ocn_ForwardMortgageBackedSecuritiesTradesMember |
Fair value of derivative assets (liabilities) at: |  |
Derivatives, at fair value | (5,249)us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_DerivativeInstrumentRiskAxis = ocn_ForwardMortgageBackedSecuritiesTradesMember | (2,854)us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_DerivativeInstrumentRiskAxis = ocn_ForwardMortgageBackedSecuritiesTradesMember
Maturity | May 2015 - June 2015 |
Interest Rate Cap [Member] |  |
Derivative Notional Balance [Roll Forward] |  |
Beginning notional balance | 1,729,000invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateCapMember |
Additions |  |
Amortization | (102,000)ocn_AmortizationOfDerivative / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateCapMember |
Maturities |  |
Terminations |  |
Ending notional balance | 1,627,000invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateCapMember |
Fair value of derivative assets (liabilities) at: |  |
Derivatives, at fair value | 203us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateCapMember | 567us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateCapMember
Maturity | Nov. 2016 - Oct. 2017 |
Interest Rate Swap [Member] |  |
Derivative Notional Balance [Roll Forward] |  |
Beginning notional balance | 0invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember |
Additions | 450,000ocn_DerivativeAdditions / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember |
Amortization | 0ocn_AmortizationOfDerivative / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember |
Maturities | 0ocn_DerivativeMaturities / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember |
Terminations | (450,000)ocn_DerivativeTerminations / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember |
Ending notional balance | 0invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember |
Fair value of derivative assets (liabilities) at: |  |
Derivatives, at fair value | $ 0us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember | $ 0us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
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Period Type: | instant

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- Definition Represents amount for amortization of derivative instruments during the period. + References No definition available. + Details
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- Definition Represents an increase in derivative instruments during the period. + References No definition available. + Details
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Balance Type: | credit
Period Type: | duration

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- Definition Represents amount for maturities of derivative instruments during the period. + References No definition available. + Details
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- Details
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- Details
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- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13495-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958 + Details
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- Details
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- Details
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- Details
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- Details
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