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Interest Expense - Schedule of Components of Interest Expense (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014
Debt securities: |  |  |  |  |  |
Interest expense |  | $ 124,897 | $ 136,207 | $ 244,293 | $ 276,080 | [1]
Financing Liabilities [Member] |  |  |  |  |  |
Debt securities: |  |  |  |  |  |
Interest expense | [2],[3] | 74,066 | 93,456 | 147,891 | 193,685 |
Other Secured Borrowings [Member] |  |  |  |  |  |
Debt securities: |  |  |  |  |  |
Interest expense |  | 25,710 | 20,282 | 48,625 | 41,568 |
Match Funded Liabilties [Member] |  |  |  |  |  |
Debt securities: |  |  |  |  |  |
Interest expense |  | 15,674 | 15,349 | 29,955 | 31,665 |
6.625% Senior Unsecured Notes [Member] |  |  |  |  |  |
Debt securities: |  |  |  |  |  |
Interest expense |  | 6,651 | 3,326 | 12,780 | 3,326 |
Other [Member] |  |  |  |  |  |
Debt securities: |  |  |  |  |  |
Interest expense |  | $ 2,796 | $ 3,794 | $ 5,042 | $ 5,836 |
[1] | Depreciation and amortization expense are as follows: Servicing Lending Corporate Items and Other Business Segments ConsolidatedFor the three months ended June 30, 2015 Depreciation expense$513 $92 $3,470 $4,075Amortization of mortgage servicing rights31,499 87 — 31,586Amortization of debt discount337 — — 337Amortization of debt issuance costs 3,183 — 373 3,556 For the three months ended June 30, 2014 Depreciation expense$2,643 $32 $2,631 $5,306Amortization of mortgage servicing rights62,794 404 — 63,198Amortization of debt discount330 — — 330Amortization of debt issuance costs 1,040 — 170 1,210 For the six months ended June 30, 2015 Depreciation expense$1,042 $197 $7,181 $8,420Amortization of mortgage servicing rights69,903 177 — 70,080Amortization of debt discount693 — — 693Amortization of debt issuance costs 6,606 — 705 7,311 For the six months ended June 30, 2014 Depreciation expense$5,463 $138 $5,245 $10,846Amortization of mortgage servicing rights124,574 519 199 125,292Amortization of debt discount661 — — 661Amortization of debt issuance costs 2,127 — 170 2,297
[2] | Includes interest expense related to financing liabilities recorded in connection with the NRZ/HLSS Transactions as indicated in the table below. Three months Six Months2015 2014 2015 2014Servicing fees collected on behalf of NRZ$175,108 $185,797 $355,405 $375,021Less: Subservicing fee retained by Ocwen89,991 90,851 181,205 181,675Net servicing fees remitted to NRZ85,117 94,946 174,200 193,346Less: Reduction in financing liability13,276 4,820 30,999 4,224Interest expense on NRZ financing liability$71,841$90,126 $143,201 $189,122
[3] | Interest expense that we expect to be paid on the HMBS-related borrowings is included with net fair value gains in Other revenues.

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- Definition Amount of the cost of borrowed funds accounted for as interest expense. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.9) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 9 -Article 9 + Details
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