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Loans Held for Sale - Schedule of Loans Held for Sale at Lower Cost or Fair Value, Activity (Details) - USD ($) $ in Thousands | 3 Months Ended
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Mar. 31, 2016 | Mar. 31, 2015
Movement In Loans Held For Sale At Fair Value [Roll Forward] |  |  |
Beginning balance |  | $ 104,992 | $ 87,492
Purchases |  | 421,896 | 113,896
Proceeds from sales |  | (372,583) | (140,948)
Principal collections |  | (6,453) | (13,863)
Transfers to accounts receivable |  | (61,212) | (16,572)
Transfers to real estate owned |  | (1,224) | (2,296)
Gain on sale of loans |  | 5,010 | 17,271
Decrease (increase) in valuation allowance |  | (3,335) | 19,728
Other |  | (21) | 3,781
Ending balance | [1] | $ 87,070 | $ 68,489
[1] | At March 31, 2016 and March 31, 2015, the balances include $55.5 million and $43.9 million, respectively, of loans that we were required to repurchase from Ginnie Mae guaranteed securitizations as part of our servicing obligations. Repurchased loans are modified or otherwise remediated through loss mitigation activities or are reclassified to receivables.

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- Definition Gain (Loss) on Sale of Mortgage Loans Held-for-sale, at Lower Cost or Fair Value + References No definition available. + Details
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- Definition Increase (Decrease) in Valuation Allowance of Mortgage Loans Held-for-sale, at Lower Cost or Fair Value + References No definition available. + Details
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- Definition Loans held for sale at lower of cost or fair value. + References No definition available. + Details
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- 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
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- Definition Other Adjustments to Mortgage Loans Held-for-sale, at Lower Cost or Fair Value + References No definition available. + Details
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Period Type: | duration

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- Definition Payments for Origination of Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value + References No definition available. + Details
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- Definition Proceeds from Principal Payments on Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value + References No definition available. + Details
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- Definition Proceeds from Sale of Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value + References No definition available. + Details
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- Definition Transfers to Accounts Receivable from Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value + References No definition available. + Details
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- Definition Transfers to Real Estate Owned from Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value + References No definition available. + Details
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Namespace Prefix: | ocn_
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