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Derivative Financial Instruments and Hedging Activities - Schedule of Gains (Losses) on Derivatives (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Hedge the effect of changes in interest rates on interest expense on borrowings  
Fair Value $ 4,470us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet [1]
Gains / (Losses) (3,024)us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
Other Net [Member] | Interest Rate Cap [Member]  
Hedge the effect of changes in interest rates on interest expense on borrowings  
Expiration Date Nov. 2016 - Oct. 2017
Fair Value 203us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet
/ us-gaap_DerivativeByNatureAxis
= us-gaap_InterestRateCapMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_OtherNetMember
[1]
Gains / (Losses) (364)us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
/ us-gaap_DerivativeByNatureAxis
= us-gaap_InterestRateCapMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_OtherNetMember
Consolidated Statements of Operations Caption Other, net
Other Net [Member] | Interest Rate Cap [Member] | Not Designated as Hedging Instrument [Member]  
Hedge the effect of changes in interest rates on interest expense on borrowings  
Notional Amount 1,627,000invest_DerivativeNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= us-gaap_InterestRateCapMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_OtherNetMember
Gain On Loans Held For Sale Net [Member] | Forward MBS Trades [Member]  
Hedge the effect of changes in interest rates on interest expense on borrowings  
Expiration Date May 2015 - June 2015
Fair Value (5,249)us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet
/ us-gaap_DerivativeByNatureAxis
= ocn_ForwardMBSTradesMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
[1]
Gains / (Losses) (427)us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
/ us-gaap_DerivativeByNatureAxis
= ocn_ForwardMBSTradesMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
Consolidated Statements of Operations Caption Gain on loans held for sale, net
Gain On Loans Held For Sale Net [Member] | Forward MBS Trades [Member] | Not Designated as Hedging Instrument [Member]  
Hedge the effect of changes in interest rates on interest expense on borrowings  
Notional Amount 783,713invest_DerivativeNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= ocn_ForwardMBSTradesMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
Gain On Loans Held For Sale Net [Member] | IRLCs [Member]  
Hedge the effect of changes in interest rates on interest expense on borrowings  
Expiration Date April 2015 - June 2015
Fair Value 9,516us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet
/ us-gaap_DerivativeByNatureAxis
= ocn_IRLCMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
[1]
Gains / (Losses) (2,233)us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
/ us-gaap_DerivativeByNatureAxis
= ocn_IRLCMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
Consolidated Statements of Operations Caption Gain on loans held for sale, net
Gain On Loans Held For Sale Net [Member] | IRLCs [Member] | Not Designated as Hedging Instrument [Member]  
Hedge the effect of changes in interest rates on interest expense on borrowings  
Notional Amount $ 419,508invest_DerivativeNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= ocn_IRLCMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
/ us-gaap_IncomeStatementLocationAxis
= ocn_GainOnLoansHeldForSaleNetMember
[1] Derivatives are reported at fair value in Receivables, Other assets or in Other liabilities on our unaudited Consolidated Balance Sheets.