XML 24 R73.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Mortgage Servicing - Schedule of Activity Related to MSRs - Fair Value Measurement Method (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2014
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
Beginning balance |  | $ 93,901 |  |
Sales |  |  | $ 0 |
Changes in fair value: |  |  |  |
Ending balance |  | 814,450 |  | $ 93,901
Conventional [Member] |  |  |  |
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
Beginning balance |  | 93,901 |  |
Fair value election - transfer from MSRs carried at amortized cost |  | 787,142 |  |
Cumulative effect of fair value election |  | 52,015 |  |
Sales |  | (68,989) |  |
Servicing transfers and adjustments |  | (1,139) |  |
Changes in fair value: |  |  |  |
Changes in valuation inputs or other assumptions | [1] | (580) |  |
Realization of expected future cash flows and other changes | [1] | (47,900) |  |
Ending balance |  | 814,450 |  | 93,901
Fair Value Agency Mortgage Servicing Rights [Member] | Conventional [Member] |  |  |  |
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
Beginning balance |  | 93,901 | 116,029 | 116,029
Fair value election - transfer from MSRs carried at amortized cost |  | 0 | 0 |
Cumulative effect of fair value election |  | 0 | 0 |
Sales |  | (68,144) | 0 |
Servicing transfers and adjustments |  | 0 | 0 |
Changes in fair value: |  |  |  |
Changes in valuation inputs or other assumptions | [1] | (580) | (9,014) |
Realization of expected future cash flows and other changes | [1] | (6,256) | (2,795) |
Ending balance |  | 18,921 | $ 104,220 | 93,901
Fair Value Non-Agency Mortgage Servicing Rights [Member] | Conventional [Member] |  |  |  |
Servicing Asset at Fair Value, Amount [Roll Forward] |  |  |  |
Beginning balance |  | 0 |  |
Fair value election - transfer from MSRs carried at amortized cost |  | 787,142 |  |
Cumulative effect of fair value election |  | 52,015 |  |
Sales |  | (845) |  |
Servicing transfers and adjustments |  | (1,139) |  |
Changes in fair value: |  |  |  |
Changes in valuation inputs or other assumptions | [1] | 0 |  |
Realization of expected future cash flows and other changes | [1] | (41,644) |  |
Ending balance |  | $ 795,529 |  | $ 0
[1] | Changes in fair value are recognized in Servicing and origination expense in the unaudited Consolidated Statements of Operations.

X
- Definition Servicing asset at amortized value fair value election transfer to MSRs carried at fair value. + References No definition available. + Details
Name: | ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net increase or decrease in fair value as a result of changes in the assumptions or model used to calculate the fair value of servicing assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a)(4)(i) -URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122625-111746 + Details
Name: | us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition For each line item in the statement of financial position, the amounts of gains and losses from fair value changes included in earnings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 + Details
Name: | us-gaap_FairValueOptionChangesInFairValueGainLoss1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122625-111746 + Details
Name: | us-gaap_ServicingAssetAtFairValueAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_ServicingAssetAtFairValueAmountRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Decrease in servicing assets subsequently measured at fair value resulting from conveyance of servicing rights to unrelated parties. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122625-111746 + Details
Name: | us-gaap_ServicingAssetAtFairValueDisposals
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net Increase or Decrease in fair value as a result of other changes that are not additions, disposals, or a result of change in the inputs, assumptions, or model used to calculate the fair value of servicing assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a)(4)(ii) -URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122625-111746 + Details
Name: | us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Other net Increase or Decrease in the balance in servicing assets subsequently measured at fair value. This element is for changes other than additions, disposals, changes in fair value resulting from changes in valuation inputs or changes in assumptions, or other changes in fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a)(5) -URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122625-111746 + Details
Name: | us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateLoanTypeAxis=us-gaap_ConventionalLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=ocn_FairValueAgencyMortgageServicingRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=ocn_FairValueNonAgencyMortgageServicingRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |