XML 101 R66.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Loans Held for Sale - Narrative (Details) - USD ($) $ in Thousands |  |  |  | 3 Months Ended | 9 Months Ended
--- | --- | --- | --- | --- | ---
May. 31, 2015 | May. 02, 2014 | May. 01, 2014 | Sep. 30, 2015 | Mar. 31, 2015 | Sep. 30, 2014 | Mar. 31, 2014 | Sep. 30, 2015 | Sep. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Payments to purchase delinquent FHA-insured loans |  |  |  |  |  |  |  | $ 3,713,311 | $ 6,007,152
Gain on loans held for sale, net |  |  |  | $ 27,298 |  | $ 27,218 |  | 116,934 | 110,041
Proceeds from sale of advances accounted for as a financing |  |  |  |  |  |  |  | 0 | 88,095
Lending [Member] | Line of Credit [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Collateral |  |  |  | 220,200 |  |  |  | 220,200 |
Servicing [Member] | Line of Credit [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Collateral |  |  |  | 29,700 |  |  |  | 29,700 |
Delinquent FHA Insured Loans [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Unpaid principal balance |  |  | $ 451,000 |  |  |  | $ 549,400 |  |
Payments to purchase delinquent FHA-insured loans |  |  | $ 479,600 |  |  |  |  |  |
MSRs Retained [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Gain on loans held for sale, net |  |  |  | 9,500 |  | 10,700 |  | 27,800 | 32,100
Ginnie Mae Loans [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Gain on loans held for sale, net |  |  |  | 5,300 |  | 9,900 |  | 18,300 | 50,600
Gain on sales of reverse mortgage loans |  |  |  | $ 30,100 |  | $ 20,400 |  | $ 91,100 | $ 51,400
HLSS Mortgage LP [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Proceeds from sale of loans held-for-sale |  |  |  |  |  |  | 612,300 |  |
Gain on loans held for sale, net |  |  |  |  |  |  | 7,200 |  |
HLSS Mortgage LP [Member] | FHA Buyout Loans [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Proceeds from sale of loans held-for-sale |  |  |  |  |  |  | 556,600 |  |
HLSS Mortgage LP [Member] | Servicing Advances [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Proceeds from sale of loans held-for-sale |  |  |  |  |  |  | $ 55,700 |  |
HLSS SEZ LP [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Proceeds from sale of advances accounted for as a financing |  | $ 20,200 |  |  |  |  |  |  |
Unrelated Party [Member] |  |  |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |  |  |
Unpaid principal balance | $ 33,000 |  |  |  | $ 42,700 |  |  |  |
Proceeds from sale of loans held-for-sale |  | 462,500 |  |  |  |  |  |  |
Gain on loans held for sale, net | $ 7,200 | $ 1,300 |  |  | $ 12,900 |  |  |  |

X
- Definition Gain on Sales of Reverse Mortgage Loans + References No definition available. + Details
Name: | ocn_GainonSalesofReverseMortgageLoans
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Loans Held for Sale, Unpaid Principal Balance + References No definition available. + Details
Name: | ocn_LoansHeldforSaleUnpaidPrincipalBalance
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Proceeds From Sale of Advances + References No definition available. + Details
Name: | ocn_ProceedsFromSaleofAdvances
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of assets pledged to secure a debt instrument. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentCollateralAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The net gain (loss) resulting from a sale of loans, including adjustments to record loans classified as held-for-sale at the lower-of-cost-or-market and fair value adjustments to loan held for investment purposes. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.3(a)) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 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 210.9-04.13(h)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 + Details
Name: | us-gaap_GainLossOnSalesOfLoansNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate cash outflow used to purchase all loans that are held with the intention to resell in the near future. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 230 -Section 55 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=34726456&loc=d3e60097-112785 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3367-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3461-108585 + Details
Name: | us-gaap_PaymentsToPurchaseLoansHeldForSale
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow resulting from the sale of loans classified as held-for-sale, including proceeds from loans sold through mortgage securitization. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3337-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3461-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 230 -Section 55 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=34726456&loc=d3e60097-112785 + Details
Name: | us-gaap_ProceedsFromSaleOfLoansHeldForSale
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=ocn_LendingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=ocn_ServicingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ocn_DelinquentFHAInsuredLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ocn_MortgageServicingRightsRetainedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ocn_GinnieMaeLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=ocn_HomeLoanServicingSolutionsMortgageLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ocn_FHABuyoutLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ocn_ServicingAdvancesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=ocn_HLSSSEZLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CounterpartyNameAxis=ocn_UnrelatedPartyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |