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Loans Held for Sale - Schedule of Gains on Loans Held for Sale, Net (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Receivables [Abstract]    
Gain on sales of loans $ 51,400ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained $ 54,993ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained
Change in fair value of IRLCs (2,233)ocn_GainLossOnInterestRateDerivativeInstruments 986ocn_GainLossOnInterestRateDerivativeInstruments
Change in fair value of loans held for sale (4,008)ocn_ChangeInFairValueOfMortgageLoansHeldForSale 1,800ocn_ChangeInFairValueOfMortgageLoansHeldForSale
Loss on economic hedge instruments (427)us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings (13,610)us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings
Other (228)us-gaap_GainsLossesOnSalesOfOtherRealEstate (182)us-gaap_GainsLossesOnSalesOfOtherRealEstate
Gain on loans held for sale, net $ 44,504us-gaap_GainLossOnSalesOfLoansNet $ 43,987us-gaap_GainLossOnSalesOfLoansNet