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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities    
Net income $ 34,389us-gaap_ProfitLoss $ 60,486us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of mortgage servicing rights 38,494us-gaap_AmortizationOfMortgageServicingRightsMSRs 62,094us-gaap_AmortizationOfMortgageServicingRightsMSRs
Amortization of debt issuance costs – senior secured term loan 3,755us-gaap_AmortizationOfFinancingCosts 1,087us-gaap_AmortizationOfFinancingCosts
Depreciation 4,344us-gaap_DepreciationDepletionAndAmortization 5,540us-gaap_DepreciationDepletionAndAmortization
Provision for bad debts 14,170us-gaap_ProvisionForDoubtfulAccounts 31,386us-gaap_ProvisionForDoubtfulAccounts
Impairment of mortgage servicing rights 17,769us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments 0us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments
Gain on sale of mortgage servicing rights (26,406)us-gaap_GainsLossesOnSalesOfAssets 0us-gaap_GainsLossesOnSalesOfAssets
Gain on loans held for sale, net (44,504)us-gaap_GainLossOnSalesOfLoansNet (43,987)us-gaap_GainLossOnSalesOfLoansNet
Realized and unrealized losses on derivative financial instruments 1,154us-gaap_GainLossOnDerivativeInstrumentsNetPretax 920us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Gain on extinguishment of debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (2,253)us-gaap_GainsLossesOnExtinguishmentOfDebt
Loss on valuation of mortgage servicing rights, at fair value 33,175us-gaap_MortgageServicingRightsMSRImpairmentRecovery 5,148us-gaap_MortgageServicingRightsMSRImpairmentRecovery
Increase in deferred tax assets, net (890)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes (3,680)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Equity-based compensation expense 2,117us-gaap_ShareBasedCompensation 1,427us-gaap_ShareBasedCompensation
Origination and purchase of loans held for sale (1,036,150)us-gaap_PaymentsToPurchaseLoansHeldForSale (2,378,056)us-gaap_PaymentsToPurchaseLoansHeldForSale
Proceeds from sale and collections of loans held for sale 1,142,282us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale 2,414,699us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale
Changes in assets and liabilities:    
Decrease in advances and match funded advances 104,258ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances 13,434ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances
Decrease in receivables and other assets, net 1,330us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets 48,437us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
Increase (decrease) in other liabilities 20,127us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (41,170)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Other, net 15,604us-gaap_OtherOperatingActivitiesCashFlowStatement 20,270us-gaap_OtherOperatingActivitiesCashFlowStatement
Net cash provided by operating activities 325,018us-gaap_NetCashProvidedByUsedInOperatingActivities 195,782us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities    
Purchase of mortgage servicing rights, net (3,267)us-gaap_PaymentsToAcquireMortgageServicingRightsMSR (6,698)us-gaap_PaymentsToAcquireMortgageServicingRightsMSR
Acquisition of advances in connection with the purchase of mortgage servicing rights   (83,942)ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights
Acquisition of advances in connection with the purchase of loans 0ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans (60,482)ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans
Proceeds from sale of advances and match funded advances 1,765us-gaap_ProceedsFromSaleOfShortTermInvestments 0us-gaap_ProceedsFromSaleOfShortTermInvestments
Proceeds from sale of mortgage servicing rights 49,465us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR 0us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR
Origination of loans held for investment – reverse mortgages (235,271)us-gaap_PaymentsToAcquireLoansHeldForInvestment (176,658)us-gaap_PaymentsToAcquireLoansHeldForInvestment
Principal payments received on loans held for investment - reverse mortgages 26,170us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment 14,030us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
Additions to premises and equipment (3,918)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (3,308)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Other 301us-gaap_PaymentsForProceedsFromOtherInvestingActivities 891us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net used in investing activities (164,755)us-gaap_NetCashProvidedByUsedInInvestingActivities (378,220)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities    
Repayment of match funded liabilities (89,571)ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities (3,151)ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities
Proceeds from other secured borrowings 1,858,258us-gaap_ProceedsFromLinesOfCredit 1,497,669us-gaap_ProceedsFromLinesOfCredit
Repayments of other secured borrowings (2,042,969)us-gaap_RepaymentsOfLinesOfCredit (1,652,903)us-gaap_RepaymentsOfLinesOfCredit
Payment of debt issuance costs (12,643)us-gaap_PaymentsOfDebtIssuanceCosts (175)us-gaap_PaymentsOfDebtIssuanceCosts
Proceeds from sale of mortgage servicing rights accounted for as a financing 0ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing 123,551ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing
Proceeds from sale of loans accounted for as a financing 238,615ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing 226,626ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing
Proceeds from sale of advances accounted for as a financing 472ocn_ProceedsFromSaleofAdvances 55,702ocn_ProceedsFromSaleofAdvances
Repurchase of common stock 0us-gaap_PaymentsForRepurchaseOfCommonStock (2,308)us-gaap_PaymentsForRepurchaseOfCommonStock
Payment of preferred stock dividends 0us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (581)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Proceeds from exercise of common stock options 413us-gaap_ProceedsFromStockOptionsExercised 1,176us-gaap_ProceedsFromStockOptionsExercised
Other 21us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 706us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash (used in) provided by financing activities (47,404)us-gaap_NetCashProvidedByUsedInFinancingActivities 246,312us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase in cash 112,859us-gaap_CashPeriodIncreaseDecrease 63,874us-gaap_CashPeriodIncreaseDecrease
Cash at beginning of year 129,473us-gaap_Cash 178,512us-gaap_Cash
Cash at end of period 242,332us-gaap_Cash 242,386us-gaap_Cash
Supplemental non-cash investing and financing activities    
Transfer of loans held for sale to loans held for investment 0us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale 110,874us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale
ResCap [Member]    
Cash flows from investing activities    
Cash paid to acquire business 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= ocn_ResCapMember
(54,220)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= ocn_ResCapMember
Ocwen Structured Investments, LLC (OSI) [Member]    
Cash flows from investing activities    
Cash paid to acquire business $ 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= ocn_OcwenStructuredInvestmentsLLCOSIMember
$ (7,833)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= ocn_OcwenStructuredInvestmentsLLCOSIMember