XML 96 R79.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Loans Held for Sale - Summary of Activity in Balance of Loans Held for Sale, at Lower of Cost or Fair Value (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Movement In Loans Held For Sale At Fair Value [Roll Forward] |  |  |  |  |  |
Beginning balance |  | $ 104,992 | [1] | $ 87,492 | [1] | $ 62,907
Purchases |  | 1,878,561 |  | 1,056,172 |  | 2,462,573
Proceeds from sales |  | (1,699,427) |  | (1,001,939) |  | (2,067,965)
Principal collections |  | (22,607) |  | (53,400) |  | (262,196)
Transfers to accounts receivable |  | (256,336) |  | (53,468) |  | (114,675)
Transfers to real estate owned |  | (7,675) |  | (18,594) |  | (8,808)
Transfers to loans held for sale at fair value |  | (3,266) |  | (1,200) |  | 0
Gain on sale of loans |  | 24,565 |  | 43,449 |  | 31,853
Decrease (increase) in valuation allowance |  | 4,594 |  | 35,018 |  | (18,965)
Other |  | 5,973 |  | 11,462 |  | 2,768
Ending balance | [1] | $ 29,374 |  | $ 104,992 |  | $ 87,492
[1] | At December 31, 2016, 2015 and 2014, the balances include $24.8 million, $85.9 million and $42.0 million, respectively, of loans that we were required to repurchase from Ginnie Mae guaranteed securitizations as part of our servicing obligations. Repurchased loans are modified or otherwise remediated through loss mitigation activities or are reclassified to receivables.

X
- Definition Gain (loss) on sale of mortgage loans held-for-sale, at lower cost or fair value. + References No definition available. + Details
Name: | ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition (Increase) decrease in valuation allowance of mortgage loans held-for-sale, at lower cost or fair value. + References No definition available. + Details
Name: | ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Loans held for sale at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_LoansHeldForSaleAtLowerOfCostOrFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | ocn_MovementInLoansHeldForSaleAtFairValueRollForward
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Other adjustments to mortgage loans held-for-sale, at lower cost or fair value. + References No definition available. + Details
Name: | ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Payments for origination of mortgage loans held-for-sale, at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Proceeds from principal payments on mortgage loans held-for-sale, at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Proceeds from sale of mortgage loans held-for-sale, at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Transfers to accounts receivable from mortgage loans held-for-sale, at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Transfers to real estate owned from mortgage loans held-for-sale, at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Value of loans and leases held in the entity's portfolio transferred to loans and leases held-for-sale in noncash transactions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 + Details
Name: | us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration