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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenue    
Servicing and subservicing fees $ 446,541us-gaap_ServicingFeesNet $ 490,459us-gaap_ServicingFeesNet
Gain on loans held for sale, net 44,504us-gaap_GainLossOnSalesOfLoansNet 43,987us-gaap_GainLossOnSalesOfLoansNet
Other revenues 19,399us-gaap_RevenueOtherFinancialServices 16,815us-gaap_RevenueOtherFinancialServices
Total revenue 510,444us-gaap_Revenues 551,261us-gaap_Revenues
Expenses    
Compensation and benefits 105,144us-gaap_LaborAndRelatedExpense 105,637us-gaap_LaborAndRelatedExpense
Amortization of mortgage servicing rights 38,494us-gaap_AmortizationOfMortgageServicingRightsMSRs 62,094us-gaap_AmortizationOfMortgageServicingRightsMSRs
Servicing and origination 101,802ocn_ServicingAndOrigination 43,947ocn_ServicingAndOrigination
Technology and communications 39,351us-gaap_CommunicationsAndInformationTechnology 36,976us-gaap_CommunicationsAndInformationTechnology
Professional services 56,931us-gaap_ProfessionalFees 21,398us-gaap_ProfessionalFees
Occupancy and equipment 25,714us-gaap_OccupancyNet 32,051us-gaap_OccupancyNet
Other 10,922us-gaap_OtherCostAndExpenseOperating 47,091us-gaap_OtherCostAndExpenseOperating
Total expenses 378,358us-gaap_OperatingExpenses 349,194us-gaap_OperatingExpenses
Other income (expense)    
Interest income 5,575us-gaap_InterestAndOtherIncome 5,327us-gaap_InterestAndOtherIncome
Interest expense (119,396)us-gaap_InterestExpense (139,873)us-gaap_InterestExpense
Gain on sale of mortgage servicing rights 26,406us-gaap_GainsLossesOnSalesOfAssets 0us-gaap_GainsLossesOnSalesOfAssets
Gain on extinguishment of debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 2,253us-gaap_GainsLossesOnExtinguishmentOfDebt
Other, net (1,842)us-gaap_OtherNonoperatingIncomeExpense 1,929us-gaap_OtherNonoperatingIncomeExpense
Total other expense, net (89,257)us-gaap_NonoperatingIncomeExpense (130,364)us-gaap_NonoperatingIncomeExpense
Income (loss) before income taxes 42,829us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 71,703us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense 8,440us-gaap_IncomeTaxExpenseBenefit 11,217us-gaap_IncomeTaxExpenseBenefit
Net income 34,389us-gaap_ProfitLoss 60,486us-gaap_ProfitLoss
Net (income) loss attributable to non-controlling interests (34)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 15us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Ocwen stockholders 34,355us-gaap_NetIncomeLoss 60,501us-gaap_NetIncomeLoss
Preferred stock dividends 0us-gaap_DividendsPreferredStock (581)us-gaap_DividendsPreferredStock
Deemed dividends related to beneficial conversion feature of preferred stock 0ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact (416)ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact
Net income attributable to Ocwen common stockholders $ 34,355us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 59,504us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share attributable to Ocwen common stockholders    
Basic (in USD per share) $ 0.27us-gaap_EarningsPerShareBasic $ 0.44us-gaap_EarningsPerShareBasic
Diluted (in USD per share) $ 0.27us-gaap_EarningsPerShareDiluted $ 0.43us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding    
Basic (in shares) 125,272,228us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 135,227,067us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 126,999,662us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 141,089,455us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding