XML 123 R106.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Borrowings - Narrative (Details) - USD ($) |  | 12 Months Ended |  |
--- | --- | --- | --- | ---
Dec. 05, 2016 | Dec. 31, 2016 | Dec. 31, 2015 | May 12, 2014
Line of Credit Facility [Line Items] |  |  |  |
Percentage of senior unsecured notes exchanged for senior secured second lien notes | 99.10% |  |  |
Unamortized debt issuance costs |  |  | $ 24,500,000 |
Deb covenant, required consolidated tangible net worth |  | $ 575,000,000 |  |
NRZ [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
UPB of rights to MSRs sold |  | 118,700,000,000 |  |
Outstanding servicing advances |  | 4,100,000,000 |  |
8.375% Senior Secured Notes Due In 2022 [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Stated interest rate | 8.375% |  |  |
Senior notes | $ 346,900,000 |  |  |
Senior Unsecured Notes [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Senior notes | $ 346,900,000 |  |  |
Senior Unsecured Notes [Member] | 6.625 Senior Notes, Due 2019 [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Face amount |  |  |  | $ 350,000,000
Stated interest rate |  |  |  | 6.625%
Unamortized debt issuance costs |  | 0 | 4,500,000 |
Senior Notes [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Senior notes |  | 346,789,000 | 345,511,000 |
Unamortized debt issuance costs |  | 3,211,000 | $ 4,489,000 |
Senior Notes [Member] | 8.375% Senior Secured Notes Due In 2022 [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Unamortized debt issuance costs |  | $ 3,200,000 |  |
Maximum percentage available for redemption using net cash proceeds of one or more Equity Offerings as defined in Indenture | 35.00% |  |  |
Percentage of principal amount, redemption price | 108.375% |  |  |
Percentage of principal amount to remain outstanding after redemption requirement | 65.00% |  |  |
Maximum period for redemption after consummation of Equity Offering | 120 days |  |  |
Percentage of principal amount, repurchase price | 101.00% |  |  |
On or After May 15, 2016 [Member] | Senior Unsecured Notes [Member] | Minimum [Member] | 6.625 Senior Notes, Due 2019 [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Redemption period, notice |  | 30 days |  |
On or After May 15, 2016 [Member] | Senior Unsecured Notes [Member] | Maximum [Member] | 6.625 Senior Notes, Due 2019 [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Redemption period, notice |  | 60 days |  |
On or Before November 15, 2018 [Member] | Senior Notes [Member] | Minimum [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Redemption period, notice |  | 30 days |  |
On or Before November 15, 2018 [Member] | Senior Notes [Member] | Maximum [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Redemption period, notice |  | 60 days |  |
On or Before November 15, 2018 [Member] | Senior Notes [Member] | Maximum [Member] | 8.375% Senior Secured Notes Due In 2022 [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Redemption price | 100.00% |  |  |
Ocwen Loan Servicing [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Deb covenant, required consolidated tangible net worth |  | $ 1,100,000,000 |  |

X
- Definition Debt Instrument, Change Of Control, Purchase Price, Percentage + References No definition available. + Details
Name: | ocn_DebtInstrumentChangeOfControlPurchasePricePercentage
Namespace Prefix: | ocn_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the amount of consolidated tangible net worth requirement as part of the most restrictive covenant requirement. + References No definition available. + Details
Name: | ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Debt Instrument, Redemption Period Notice + References No definition available. + Details
Name: | ocn_DebtInstrumentRedemptionPeriodNotice
Namespace Prefix: | ocn_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Use Of Cash Proceeds From Equity Offerings For Redemption, Maximum Days After Consummation Of Offering + References No definition available. + Details
Name: | ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering
Namespace Prefix: | ocn_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Use of Cash Proceeds From Equity Offerings, Percentage of Principal Amount Redeemable + References No definition available. + Details
Name: | ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable
Namespace Prefix: | ocn_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Use Of Cash Proceeds From Equity Offerings, Redemption Price, Percentage + References No definition available. + Details
Name: | ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage
Namespace Prefix: | ocn_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Use of Cash Proceeds From Equity Offerings, Minimum Percentage of Principal Amount Outstanding + References No definition available. + Details
Name: | ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding
Namespace Prefix: | ocn_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Outstanding servicing advances in connection with rights to MSRs sold. + References No definition available. + Details
Name: | ocn_OutstandingServicingAdvances
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage of senior unsecured notes exchanged for senior secured second lien notes. + References No definition available. + Details
Name: | ocn_PercentageOfSeniorUnsecuredNotesExchangedForSeniorSecuredSecondLienNotes
Namespace Prefix: | ocn_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage price of original principal amount of debt at which debt can be redeemed by the issuer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph e -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentRedemptionPricePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
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_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of the contractual principal due at the origination of the mortgage loan (face amount). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule IV) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 + Details
Name: | us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_UnamortizedDebtIssuanceExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_CounterpartyNameAxis=ocn_NewResidentialInvestmentCorpMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=ocn_EightPointThreeSevenFiveSeniorSecuredNotesDueInTwoThousandTwentyTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_UnsecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=ocn_OnOrAfterMayFifteenTwoThousandSixteenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=ocn_OnOrBeforeNovemberFifteenTwoThousandEighteenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=ocn_OcwenLoanServicingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |