XML 170 R95.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Loans Held for Sale - Summary of Activity in the Balance of Loans Held for Sale, at Fair Value (Details) - USD ($) $ in Thousands | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2015 | Sep. 30, 2014 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012
Movement In Loans Held For Sale At Fair Value [Roll Forward] |  |  |  |  |  |  |  |  |  |
Beginning balance | $ 401,120 |  | $ 503,753 |  | $ 503,753 |  | $ 426,480 |  | $ 0 |
Originations and purchases | 3,119,457 |  | 3,923,870 |  | 4,967,767 | [1] | 8,106,742 | [1] | 670,147 | [1]
Proceeds from sales | (3,306,180) |  | (4,010,644) |  | (5,015,235) |  | (7,999,235) |  | (241,960) |
Principal collections | (6,512) |  | (9,156) |  |  |  |  |  |  |
Transfers to loans held for investment - reverse mortgages |  |  |  |  | (110,874) |  | 0 |  | 0 |
Transfers to loans held for investment - reverse mortgage | 0 |  | (110,874) |  | (110,874) |  | 0 |  | 0 |
Gain (loss) on sale of loans | 37,580 |  | 39,486 |  | 49,533 |  | (26,981) |  | 3,889 |
Other | 9,556 | [2] | 485 | [2] | 6,176 |  | (3,253) |  | (5,596) |
Ending balance | $ 235,909 |  | $ 335,950 |  | $ 401,120 |  | $ 503,753 |  | $ 426,480 |
[1] | Purchases include $60.0 million of reverse mortgages acquired in the Liberty Acquisition in 2013 and $558.7 million of forward mortgages acquired in the Homeward Acquisition in 2012.
[2] | Other includes the change in fair value of $9.9 million and $1.2 million for the nine months ended September 30, 2015 and 2014, respectively.

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | ocn_MovementInLoansHeldForSaleAtFairValueRollForward
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents amount of addition or reductions in principal on mortgage loans held for sale other than foreclosures, costs of mortgages sold, and amortization of premium during the reporting period. + References No definition available. + Details
Name: | ocn_OtherAdjustmentMortgageLoansHeldForSale
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of transfers of financial instrument classified as a liability into level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The gains (losses) included in earnings that represent the difference between the sale price and the carrying value of loans made to finance real estate acquisitions. This element refers to the gain (loss) and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. + References Reference 1: 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_GainLossOnSaleOfMortgageLoans
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The increase (decrease) during the reporting period in the value of mortgage loans that are held with the intention to sell or be securitized in the near future. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: 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_IncreaseDecreaseInMortgageLoansHeldForSale
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Fair value portion of loans held-for-sale including, but not limited to, mortgage loans and finance receivables. + References No definition available. + Details
Name: | us-gaap_LoansHeldForSaleFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of cash paid for the origination of mortgages that are held for sale. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3536-108585 + Details
Name: | us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Cash inflow related to a loan origination (the process when securing a mortgage for a piece of real property), lease origination, and principal collections. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3179-108585 + Details
Name: | us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow from sales of loans that are secured with real estate mortgages and 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 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3536-108585 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 + Details
Name: | us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration