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Interest Expense (Tables) | 6 Months Ended
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Jun. 30, 2015
Other Income and Expenses [Abstract] |
Schedule of Components of Interest Expense | The following table presents the components of interest expense for the three and six months ended June 30:
| Three months |  | Six Months
| 2015 |  | 2014 |  | 2015 |  | 2014
Financing liabilities (1) (2) | $ | 74,066 |  |  | $ | 93,456 |  |  | $ | 147,891 |  |  | $ | 193,685 |
Other secured borrowings | 25,710 |  |  | 20,282 |  |  | 48,625 |  |  | 41,568 |
Match funded liabilities | 15,674 |  |  | 15,349 |  |  | 29,955 |  |  | 31,665 |
6.625% Senior unsecured notes | 6,651 |  |  | 3,326 |  |  | 12,780 |  |  | 3,326 |
Other | 2,796 |  |  | 3,794 |  |  | 5,042 |  |  | 5,836 |
| $ | 124,897 |  |  | $ | 136,207 |  |  | $ | 244,293 |  |  | $ | 276,080 |
(1) | Includes interest expense related to financing liabilities recorded in connection with the NRZ/HLSS Transactions as indicated in the table below.
| Three months |  | Six Months
| 2015 |  | 2014 |  | 2015 |  | 2014
Servicing fees collected on behalf of NRZ | $ | 175,108 |  |  | $ | 185,797 |  |  | $ | 355,405 |  |  | $ | 375,021 |
Less: Subservicing fee retained by Ocwen | 89,991 |  |  | 90,851 |  |  | 181,205 |  |  | 181,675 |
Net servicing fees remitted to NRZ | 85,117 |  |  | 94,946 |  |  | 174,200 |  |  | 193,346 |
Less: Reduction in financing liability | 13,276 |  |  | 4,820 |  |  | 30,999 |  |  | 4,224 |
Interest expense on NRZ financing liability | $ | 71,841 |  |  | $ | 90,126 |  |  | $ | 143,201 |  |  | $ | 189,122 |
(2) | Interest expense that we expect to be paid on the HMBS-related borrowings is included with net fair value gains in Other revenues.
Schedule of Related Party Interest Expense |
| Three months |  | Six Months
| 2015 |  | 2014 |  | 2015 |  | 2014
Servicing fees collected on behalf of NRZ | $ | 175,108 |  |  | $ | 185,797 |  |  | $ | 355,405 |  |  | $ | 375,021 |
Less: Subservicing fee retained by Ocwen | 89,991 |  |  | 90,851 |  |  | 181,205 |  |  | 181,675 |
Net servicing fees remitted to NRZ | 85,117 |  |  | 94,946 |  |  | 174,200 |  |  | 193,346 |
Less: Reduction in financing liability | 13,276 |  |  | 4,820 |  |  | 30,999 |  |  | 4,224 |
Interest expense on NRZ financing liability | $ | 71,841 |  |  | $ | 90,126 |  |  | $ | 143,201 |  |  | $ | 189,122 |

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- Definition Tabular disclosure of interest expense by the components of the Company's interest-bearing liabilities. + References No definition available. + Details
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