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Borrowings - Schedule of Other Secured Borrowings (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2015
Dec. 31, 2014
Line of Credit Facility [Line Items]    
Available borrowing capacity $ 176,900  
Other secured borrowings 2,953,518 $ 2,258,641
Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity 92,489  
Discount - SSTL (3,009) (4,031)
Long-term Debt $ 1,001,070 $ 1,733,691
Weighted average interest rate 4.42% 4.33%
Servicing [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity $ 23,871  
Other secured borrowings 732,056 $ 1,309,268
Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity 68,618  
Other secured borrowings 272,023 428,454
Senior Secured Term Loan [Member] | Servicing [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity 0  
Other secured borrowings $ 705,927 1,277,250
Maturity date [1] Feb. 28, 2018  
Master Repurchase Agreement [Member] | Servicing [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity [2] $ 23,871  
Other secured borrowings [2] $ 26,129 32,018
Maturity date [2] Jul. 31, 2016  
Participation Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity [3] $ 0  
Other secured borrowings [3] $ 46,597 41,646
Maturity date [3] Apr. 30, 2016  
Participation Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity [4] $ 0  
Other secured borrowings [4] $ 33,864 196
Maturity date [4] Apr. 30, 2016  
Master Repurchase Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity [5] $ 68,618  
Other secured borrowings [5] $ 131,382 208,010
Maturity date [5] Aug. 31, 2016  
Master Repurchase Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity [6] $ 0  
Other secured borrowings [6] $ 0 102,073
Maturity date [6] Jul. 31, 2015  
Master Repurchase Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity [7] $ 0  
Other secured borrowings [7] $ 0 52,678
Maturity date [7] Jul. 31, 2015  
Mortgage Warehouse Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity [8] $ 0  
Other secured borrowings [8] $ 60,180 23,851
Maturity date [8] May 31, 2016  
Interest rate at index floor rate [8] 3.50%  
Total Servicing Lines Of Credit [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Available borrowing capacity $ 92,489  
Other secured borrowings $ 1,004,079 $ 1,737,722
London Interbank Offered Rate (LIBOR) [Member] | Master Repurchase Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate [5] 2.00%  
London Interbank Offered Rate (LIBOR) [Member] | Master Repurchase Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate [7] 2.75%  
London Interbank Offered Rate (LIBOR) [Member] | Mortgage Warehouse Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate [8] 2.75%  
Eurodollar [Member] | Senior Secured Term Loan [Member] | Servicing [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate [1] 3.75%  
Interest rate at index floor rate [1] 1.25%  
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Master Repurchase Agreement [Member] | Servicing [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate [2] 2.00%  
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Master Repurchase Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate [6] 1.75%  
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Master Repurchase Agreement [Member] | Servicing [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate [2] 3.45%  
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Master Repurchase Agreement [Member] | Lending [Member] | Other Secured Borrowings [Member]    
Line of Credit Facility [Line Items]    
Basis spread on variable rate [6] 2.75%  
[1] The borrowings are secured by a first priority security interest in substantially all of the assets of Ocwen. Borrowings bear interest, at the election of Ocwen, at a rate per annum equal to either (a) the base rate (the greatest of (i) the prime rate in effect on such day, (ii) the federal funds rate in effect on such day plus 0.50% and (iii) the one-month Eurodollar rate (1-Month LIBOR)), plus a margin of 2.75% and subject to a base rate floor of 2.25% or (b) the one month Eurodollar rate, plus a margin of 3.75% and subject to a one month Eurodollar floor of 1.25%. To date we have elected option (b) to determine the interest rate.On October 16, 2015, we entered into an amendment to the SSTL facility agreement pursuant to which, among other things, the Eurodollar margin was increased from 3.75% to 4.25%, effective October 20, 2015. See Note 21 – Subsequent Events for additional information.
[2] On September 30, 2015, this repurchase agreement was renewed through September 29, 2016. Under this repurchase agreement, the lender provides financing on a committed basis for $50.0 million and, at the discretion of the lender, on an uncommitted basis for an additional $50.0 million.
[3] Under this participation agreement, the lender provides financing for $100.0 million at the discretion of the lender. The participation agreement allows the lender to acquire a 100% beneficial interest in the underlying mortgage loans. The transaction does not qualify for sale accounting treatment and is accounted for as a secured borrowing. The lender earns the stated interest rate of the underlying mortgage loans while the loans are financed under the participation agreement.
[4] Under this participation agreement, the lender provides financing for $150.0 million at the discretion of the lender. The participation agreement allows the lender to acquire a 100% beneficial interest in the underlying mortgage loans. The transaction does not qualify for sale accounting treatment and is accounted for as a secured borrowing. The lender earns the stated interest rate of the underlying mortgage loans while the loans are financed under the participation agreement.
[5] On August 25, 2015, this repurchase agreement was renewed through August 23, 2016. Borrowing capacity was reduced from $300.0 million, of which $150.0 million was provided on an uncommitted basis, to $200.0 million all of which is provided on a committed basis.
[6] On April 16, 2015, this facility was voluntarily terminated.
[7] This facility was allowed to expire.
[8] Borrowing capacity of $100.0 million under this facility is available at the discretion of the lender. This facility was renewed on August 24, 2015, and the borrowing capacity was increased from $60.0 million to $100.0 million.