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Employee Compensation and Benefit Plans - Schedule of Assumptions used to Value Stock Awards Granted (Details) - $ / shares

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Monte Carlo [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Risk-free interest rate

1.12%

1.23%

Expected stock price volatility

^[1]

77.00%

65.00%

Expected dividend yield

0.00%

0.00%

Expected option life (in years)

^[2],[3]

Fair value

$ 2

$ 7.99

Black Scholes [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Risk-free interest rate, minimum

1.60%

1.98%

Risk-free interest rate, maximum

2.08%

2.60%

Expected stock price volatility

^[1]

45.00%

42.00%

Expected dividend yield

0.00%

0.00%

Expected option life (in years)

^[2]

5 years 6 months

Binomial [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Risk-free interest rate, minimum

0.20%

0.00%

Risk-free interest rate, maximum

2.74%

3.05%

Expected stock price volatility, minimum

^[1]

51.00%

41.00%

Expected stock price volatility, maximum

^[1]

108.00%

42.00%

Expected dividend yield

0.00%

0.00%

Contractual life (in years)

10 years

10 years

Minimum [Member] | Black Scholes [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Expected option life (in years)

^[2]

6 years 6 months

Fair value

$ 3.36

$ 11.93

Minimum [Member] | Binomial [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Expected option life (in years)

^[2]

5 years 4 months 28 days

4 years 4 months 6 days

Fair value

$ 5.41

$ 8.99

Maximum [Member] | Black Scholes [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Fair value

$ 4.62

$ 17.01

Maximum [Member] | Binomial [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Expected option life (in years)

^[2]

5 years 5 months 16 days

5 years 7 months 21 days

Fair value

$ 5.46

$ 13.82

[1]	We generally estimate volatility based on the historical volatility of Ocwen’s common stock over the most recent period that corresponds with the estimated expected life of the option. For stock awards valued using a Monte Carlo simulation, volatility is computed as a blend of historical volatility and implied volatility based on traded options on Ocwen’s common stock.
[2]	For the options valued using the Black-Scholes model we determined the expected life based on historical experience with similar awards, giving consideration to the contractual term, exercise patterns and post vesting forfeitures. The expected term of the options valued using the lattice (binomial) model is derived from the output of the model. The lattice (binomial) model incorporates exercise assumptions based on analysis of historical data. For all options, the expected life represents the period of time that options granted were expected to be outstanding at the date of the award.
[3]	The stock units that contain both a service condition and a market-based condition are valued using the Monte Carlo simulation. The expected term is derived from the output of the simulation and represents the expected time to meet the market-based vesting condition. For equity awards with both service and market conditions, the requisite service period is the longer of the derived or explicit service period. In this case, the explicit service condition (vesting period) is the requisite service period, and the graded vesting method is used for expense recognition.

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The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iii)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
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The risk-free interest rate assumption that is used in valuing an option on its own shares.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iv)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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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.

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Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(i)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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