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Interest Expense - Schedule of Components of Interest Expense (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015
Debt securities: |  |  |  |  |
Interest expense |  | $ 110,961 | $ 118,313 | $ 308,083 | $ 362,606
Financing Liabilities [Member] |  |  |  |  |
Debt securities: |  |  |  |  |
Interest expense | [1],[2] | 73,096 | 73,866 | 193,675 | 222,067
Match Funded Liabilties [Member] |  |  |  |  |
Debt securities: |  |  |  |  |
Interest expense |  | 17,349 | 15,425 | 53,656 | 45,379
Other Secured Borrowings [Member] |  |  |  |  |
Debt securities: |  |  |  |  |
Interest expense |  | 13,450 | 19,822 | 38,877 | 68,447
6.625% Senior Unsecured Notes [Member] |  |  |  |  |
Debt securities: |  |  |  |  |
Interest expense |  | 6,130 | 6,741 | 18,399 | 19,521
Other [Member] |  |  |  |  |
Debt securities: |  |  |  |  |
Interest expense |  | $ 936 | $ 2,459 | $ 3,476 | $ 7,192
[1] | Includes $10.5 million of fees incurred during the nine months ended September 30, 2016 in connection with our agreement to compensate NRZ/HLSS through June 2016 for certain increased costs associated with its servicing advance financing facilities that were the direct result of a previous downgrade of our S&P servicer rating. For the three and nine months ended September 30, 2015, we incurred $8.2 million and $8.5 million, respectively, of such fees.
[2] | Includes interest expense related to financing liabilities recorded in connection with the NRZ/HLSS Transactions as indicated in the table below. Three months Nine Months2016 2015 2016 2015Servicing fees collected on behalf of NRZ/HLSS$159,919 $175,994 $482,566 $531,399Less: Subservicing fee retained by Ocwen87,506 91,597 257,408 272,802Net servicing fees remitted to NRZ/HLSS72,413 84,397 225,158 258,597Less: Reduction (increase) in financing liability(213) 21,160 45,617 52,159Interest expense on NRZ/HLSS financing liability$72,626$63,237 $179,541 $206,438

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