XML 58 R47.htm IDEA: XBRL DOCUMENT v3.5.0.2

Securitizations and Variable Interest Entities - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Servicing Assets at Fair Value [Line Items]
Average period to securitization			30 days
Percentage of loan transferred through securitization 60 days or more past due			7.30%		8.20%
Other secured borrowings	$ 3,568,017		$ 3,568,017		$ 3,089,255
Loans held for investment - Reverse mortgages, at fair value	3,100,000		3,100,000
Loans held for investment - Reverse mortgages, not pledged as collateral	86,200		86,200
Mortgage Servicing Rights - Amortized Costs [Member]
Servicing Assets at Fair Value [Line Items]
MSRs retained	9,500	$ 9,800	16,700	$ 18,300
HMBS - Related Borrowings [Member]
Servicing Assets at Fair Value [Line Items]
Other secured borrowings	2,900,000		2,900,000
Home Equity Conversion Mortgages [Member]
Servicing Assets at Fair Value [Line Items]
Loans pledged as collateral	$ 3,000,000		$ 3,000,000

X

- Definition

Time period in which securitization takes place after loan closing or purchase.

+ References

No definition available.

+ Details

Name:	ocn_AveragePeriodtoSecuritization
Namespace Prefix:	ocn_
Data Type:	xbrli:durationItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This represents the fair value of reverse mortgage loans originated but not securitized and not yet pledged as collateral.

+ References

No definition available.

+ Details

Name:	ocn_FairValueOfLoansHeldForInvestmentNotPledgedAsCollateral
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

This element represents the home equity conversion mortgages insured by FHA.

+ References

No definition available.

+ Details

Name:	ocn_LoansHeldforInvestmentFairValueDisclosure
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Percentage of loan transferred through securitization 60 days or more past due.

+ References

No definition available.

+ Details

Name:	ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue
Namespace Prefix:	ocn_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The amount of mortgage servicing rights (MSRs) retained in connection with transfer of securitized loans accounted for as sales.

+ References

No definition available.

+ Details

Name:	ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(16))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(16))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name:	us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Carrying amount as of the balance sheet date of loans that have been pledged as collateral for borrowings. If the secured party has the right by contract or custom to sell or re-pledge the collateral, then the debtor reclassifies that asset and report that asset in its statement of financial position separately from other assets not so encumbered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66007379&loc=d3e113888-111728

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=66008989&loc=d3e5086-111524

+ Details

Name:	us-gaap_LoansPledgedAsCollateral
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_ServicingAssetsAtFairValueLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=ocn_MortgageServicingRightsAmortizedCostsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=ocn_HMBSRelatedBorrowingsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=ocn_HomeEquityConversionMortgagesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: