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Interest Expense - Schedule of Components of Interest Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Debt securities:        
Interest expense $ 118,313 $ 133,049 $ 362,606 $ 409,129
Financing Liabilities [Member]        
Debt securities:        
Interest expense [1],[2],[3] 73,866 88,246 222,067 281,930
Other Secured Borrowings [Member]        
Debt securities:        
Interest expense 19,822 20,790 68,447 62,359
Match Funded Liabilties [Member]        
Debt securities:        
Interest expense 15,425 15,097 45,379 46,762
6.625% Senior Unsecured Notes [Member]        
Debt securities:        
Interest expense 6,741 6,141 19,521 9,466
Other [Member]        
Debt securities:        
Interest expense $ 2,459 $ 2,775 $ 7,192 $ 8,612
[1] Includes $8.2 million and $8.5 million for the three and nine months ended September 30, 2015, respectively, of fees incurred in connection with our agreement to compensate NRZ for certain increased costs associated with its servicing advance financing facilities that are the direct result of a downgrade of our S&P servicer rating.
[2] Includes interest expense related to financing liabilities recorded in connection with the NRZ/HLSS Transactions as indicated in the table below. Three months Nine Months2015 2014 2015 2014Servicing fees collected on behalf of NRZ$175,994 $177,113 $531,399 $553,423Less: Subservicing fee retained by Ocwen91,597 83,550 272,802 266,514Net servicing fees remitted to NRZ84,397 93,563 258,597 286,909Less: Reduction in financing liability21,160 8,736 52,159 12,960Interest expense on NRZ financing liability$63,237$84,827 $206,438 $273,949
[3] Interest expense that we expect to be paid on the HMBS-related borrowings is included with net fair value gains in Other revenues.