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Borrowings - Schedule of Other Secured Borrowings (Footnote) (Details) - USD ($) |  | 6 Months Ended
--- | --- | ---
May 31, 2016 | Jun. 30, 2016
Debt Instrument [Line Items] |  |  |
Periodic prepayment of SSTL |  | $ 6,300,000 |
Repurchase Agreements [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Percentage of maximum borrowing available on committed basis |  |  | 50.00%
Percentage of maximum borrowing available at discretion of lender |  |  | 50.00%
Servicing [Member] | Repurchase Agreements [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maximum borrowing capacity |  |  | $ 550,000,000
Maximum [Member] | Servicing [Member] | Repurchase Agreements [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maximum borrowing capacity |  |  | $ 100,000,000
London Interbank Offered Rate (LIBOR) [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  |  | 0.75%
Other Secured Borrowings [Member] | Amended Senior Secured Term Loan [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Percentage of loan to value |  |  | 40.00%
Permissible amount of repurchase of common stock |  |  | $ 20,000,000
Amount in multiples of aggregate amount of prepayments on senior secured term loan |  |  | 20,000,000
Base amount determined to divide amount in multiples of aggregate amount of prepayments on senior secured term loan |  |  | 50,000,000
Periodic prepayment of SSTL |  |  | 6,300,000
Aggregate prepayment of SSTL |  |  | $ 19,000,000
Percentage of fee charged on total loan outstanding |  |  | 1.00%
Other Secured Borrowings [Member] | Lending [Member] | Master Repurchase Agreement [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maximum borrowing capacity |  |  | $ 200,000,000
Other Secured Borrowings [Member] | Lending [Member] | Participation Agreement [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maximum borrowing capacity |  |  | $ 250,000,000
Beneficial interest |  |  | 100.00%
Other Secured Borrowings [Member] | Lending [Member] | Mortgage Warehouse Agreement [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maximum borrowing capacity |  |  | $ 100,000,000
Other Secured Borrowings [Member] | Lending [Member] | Master Repurchase Agreement [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maximum borrowing capacity |  |  | $ 100,000,000
Other Secured Borrowings [Member] | London Interbank Offered Rate (LIBOR) [Member] | Lending [Member] | Master Repurchase Agreement [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate | [1],[2] |  | 2.00%
Other Secured Borrowings [Member] | London Interbank Offered Rate (LIBOR) [Member] | Lending [Member] | Mortgage Warehouse Agreement [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate | [2],[3] |  | 2.75%
Other Secured Borrowings [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | Servicing [Member] | Repurchase Agreements [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate | [2],[4] |  | 3.45%
Other Secured Borrowings [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | Lending [Member] | Master Repurchase Agreement [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate | [5] |  | 0.25%
Other Secured Borrowings [Member] | Senior Secured Term Loan Option One [Member] | Federal Funds Rate [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  |  | 0.50%
Other Secured Borrowings [Member] | Senior Secured Term Loan Option One [Member] | London Interbank Offered Rate (LIBOR) [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  |  | 3.25%
Other Secured Borrowings [Member] | Senior Secured Term Loan Option One [Member] | Base Rate [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  |  | 2.25%
Other Secured Borrowings [Member] | Senior Secured Term Loan Option Two [Member] | Eurodollar [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  |  | 4.25%
Other Secured Borrowings [Member] | Senior Secured Term Loan Option Two [Member] | Eurodollar Floor [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  |  | 1.25%
Unsecured Debt [Member] | 6.625% Senior Notes due 2019 |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument stated percentage of interest |  |  | 6.625%
Unsecured Debt [Member] | 6.625% Senior Notes due 2019 | Amended Senior Secured Term Loan [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Amount in multiples of aggregate amount of prepayments on senior secured term loan |  |  | $ 30,000,000
Base amount determined to divide amount in multiples of aggregate amount of prepayments on senior secured term loan |  |  | 50,000,000
Permissible amount of repurchase of senior unsecured notes |  |  | $ 30,000,000
[1] | Under this repurchase agreement, the lender provides financing on a committed basis for $200.0 million.
[2] | We are in discussions with our lenders for the renewal of facilities maturing during the remainder of 2016, and expect to renew those agreements in normal course.
[3] | Borrowing capacity of $100.0 million under this facility is available at the discretion of the lender. On July 21, 2016, the term of this agreement was extended to August 25, 2016.
[4] | The maximum borrowing under this facility is limited to the lesser of $100.0 million or $550.0 million less the lender’s current lending to Ocwen under advance funding facilities. Fifty percent of the maximum borrowing is available on a committed basis and fifty percent is available at the discretion of the lender.
[5] | We entered into this agreement on January 5, 2016. The lender provides financing on a committed basis for $100.0 million.

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