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Borrowings - Schedule of Financing Liabilities (Details) - Variable Rate [Domain] - USD ($) $ in Thousands | 6 Months Ended |
--- | --- | ---
Jun. 30, 2015 | Dec. 31, 2014
Debt Instrument [Line Items] |  |  |
Financing liabilities |  | $ 2,743,670 | $ 2,258,641
Financing Liabilities [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Financing liabilities |  | 2,743,670 | 2,258,641
Servicing [Member] | Financing Liabilities [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Financing liabilities |  | 755,672 | 814,389
Servicing [Member] | Financing liability – MSRs pledged [Member] | Financing Liabilities [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Financing liabilities | [1] | $ 581,219 | 614,441
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 | [2] | $ 103,422 | 111,459
Servicing [Member] | Financing Liability – Advances Pledged [Member] | Financing Liabilities [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Financing liabilities | [3] | $ 71,031 | 88,489
Lending [Member] | HMBS - Related Borrowings [Member] | Financing Liabilities [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate | [4] | 2.46% |
Financing liabilities | [4] | $ 1,987,998 | $ 1,444,252
[1] | This financing liability arose in connection with the NRZ/HLSS Transactions 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.

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- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 + Details
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 + Details
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