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Borrowings - Schedule of Financing Liabilities (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Debt Instrument [Line Items]    
Financing liabilities $ 2,488,607us-gaap_DebtInstrumentCarryingAmount $ 2,258,641us-gaap_DebtInstrumentCarryingAmount
Financing Liabilities [Member]    
Debt Instrument [Line Items]    
Financing liabilities 2,488,607us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
2,258,641us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
Servicing [Member] | Financing Liabilities [Member]    
Debt Instrument [Line Items]    
Financing liabilities 786,210us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_ServicingMember
814,389us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_ServicingMember
Servicing [Member] | Financing liability – MSRs pledged [Member] | Financing Liabilities [Member]    
Debt Instrument [Line Items]    
Financing liabilities 594,495us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= ocn_FinancingLiabilityMortgageServicingRatesPledged1Member
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_ServicingMember
[1] 614,441us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= ocn_FinancingLiabilityMortgageServicingRatesPledged1Member
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_ServicingMember
[1]
Servicing [Member] | Secured Notes, Ocwen Asset Servicing Income Series, Series 2014-1 [Member] | Financing Liabilities [Member]    
Debt Instrument [Line Items]    
Maturity date Feb. 28, 2028  
Financing liabilities 107,408us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= ocn_OASISSeries20141Member
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_ServicingMember
[2] 111,459us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= ocn_OASISSeries20141Member
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_ServicingMember
[2]
Servicing [Member] | Financing Liability – Advances Pledged [Member] | Financing Liabilities [Member]    
Debt Instrument [Line Items]    
Financing liabilities 84,307us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= ocn_FinancingLiabilityAdvancesPledgedMember
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_ServicingMember
[3] 88,489us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= ocn_FinancingLiabilityAdvancesPledgedMember
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_ServicingMember
[3]
Lending [Member] | HMBS - Related Borrowings [Member] | Financing Liabilities [Member]    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.45%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= ocn_HMBSRelatedBorrowingsMember
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_LendingMember
 
Financing liabilities $ 1,702,397us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= ocn_HMBSRelatedBorrowingsMember
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_LendingMember
[4] $ 1,444,252us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= ocn_HMBSRelatedBorrowingsMember
/ us-gaap_LongtermDebtTypeAxis
= ocn_FinancingLiabilitiesMember
/ us-gaap_StatementBusinessSegmentsAxis
= ocn_LendingMember
[4]
[1] This financing liability arose in connection with the HLSS Transaction financing liabilities and has no contractual maturity. The balance of the liability is adjusted each reporting period to its fair value based on the present value of the estimated future cash flows underlying the related MSRs.
[2] OASIS noteholders are entitled to receive a monthly payment amount equal to the sum of: (a) the designated servicing fee amount (21 basis points of the UPB of the reference pool of Freddie Mac mortgages); (b) any termination payment amounts; (c) any excess refinance amounts; and (d) the note redemption amounts, each as defined in the indenture supplement for the notes. The notes have a final stated maturity of February 2028. We accounted for this transaction as a financing. Monthly amortization of the liability is estimated using the proportion of monthly projected service fees on the underlying MSRs as a percentage of lifetime projected fees, adjusted for the term of the security.
[3] Certain sales of advances in 2014 did not qualify for sales accounting treatment and were accounted for as a financing.
[4] Represents amounts due to the holders of beneficial interests in Ginnie Mae guaranteed HMBS. The beneficial interests have no maturity dates, and the borrowings mature as the related loans are repaid.