XML 66 R55.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Sales of Advances and MSRs - Schedule of MSRs and Advances Sold (Details) - USD ($) $ in Thousands | 9 Months Ended
--- | ---
Sep. 30, 2016 | Sep. 30, 2015
Mortgage Servicing Rights [Member] |  |  |
Servicing Assets at Fair Value [Line Items] |  |  |
Accounted for as a sale | [1] | $ 28,126 | $ 780,410
Amount due from purchaser at September 30 | [2] | 0 | 98,545
Amounts paid to purchaser for estimated representation and warranty obligations, compensatory fees and related indemnification obligations |  | (1,320) | (83,806)
Amounts received from purchaser for items outstanding at the end of the previous year |  | 18,448 | 0
Total net cash received |  | 45,254 | 598,059
Advances And Match Funded Advances [Member] |  |  |
Servicing Assets at Fair Value [Line Items] |  |  |
Accounted for as a sale | [1] | 30,370 | 321,164
Amount due from purchaser at September 30 | [2] | 2,128 | 35,226
Amounts paid to purchaser for estimated representation and warranty obligations, compensatory fees and related indemnification obligations |  | 0 | 0
Amounts received from purchaser for items outstanding at the end of the previous year |  | 46,740 | 0
Total net cash received |  | $ 74,982 | $ 285,938
[1] | During the nine months ended September 30, 2016 and 2015, we sold MSRs relating to loans with a UPB of $3.6 billion (Agency and non-Agency) and $86.4 billion (Agency), respectively.
[2] | At September 30, 2016, the total amount due from sales of MSRs and advances, which is reported in Receivables, net, is $31.6 million and consists principally of amounts related to sales completed in 2015.

X
- Definition Amount paid to purchasers for estimated representation and warranty obligations, compensatory fees for foreclosures that may ultimately exceed investor timelines and related indemnification obligations. + References No definition available. + Details
Name: | ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Payments due from purchaser of mortgage servicing rights, advances and match funded advances. + References No definition available. + Details
Name: | ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Payments for proceeds from purchaser of mortgage servicing rights, advances and match funded advances. + References No definition available. + Details
Name: | ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Proceeds from sale of financial assets accounted for as sale. + References No definition available. + Details
Name: | ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Aggregate cash proceeds received from a combination of transactions that are classified as investing activities in which assets, which may include one or more investments, are sold to third-party buyers. This element can be used by entities to aggregate proceeds from all asset sales that are classified as investing activities. + References No definition available. + Details
Name: | us-gaap_ProceedsFromSalesOfAssetsInvestingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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_MortgageServicingRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=ocn_AdvancesAndMatchFundedAdvancesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |