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Interest Expense - Schedule of Components of Interest Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Debt securities:        
Interest expense $ 91,033 $ 124,897 $ 197,122 $ 244,293
Financing Liabilities [Member]        
Debt securities:        
Interest expense [1],[2] 52,803 74,066 120,578 147,891
Match Funded Liabilties [Member]        
Debt securities:        
Interest expense 18,133 15,674 36,307 29,955
Other Secured Borrowings [Member]        
Debt securities:        
Interest expense 12,715 25,710 25,428 48,625
6.625% Senior Unsecured Notes [Member]        
Debt securities:        
Interest expense 6,129 6,651 12,270 12,780
Other [Member]        
Debt securities:        
Interest expense $ 1,253 $ 2,796 $ 2,539 $ 5,042
[1] Includes $4.3 million and $10.5 million of fees incurred during the three and six months ended June 30, 2016, respectively, in connection with our agreement to compensate NRZ/HLSS 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 Six Months2016 2015 2016 2015Servicing fees collected on behalf of NRZ/HLSS$160,518 $175,108 $322,647 $355,405Less: Subservicing fee retained by Ocwen85,532 89,991 169,902 181,205Net servicing fees remitted to NRZ/HLSS74,986 85,117 152,745 174,200Less: Reduction in financing liability27,628 13,276 45,829 30,999Interest expense on NRZ/HLSS financing liability$47,358$71,841 $106,916 $143,201