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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