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Interest Expense - Schedule of Components of Interest Expense (Details) - USD ($) $ in Thousands | 12 Months Ended
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Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Debt securities: |  |  |  |
Interest expense |  | $ 412,583 | $ 482,373 | $ 541,757
Financing Liabilities [Member] |  |  |  |
Debt securities: |  |  |  |
Interest expense | [1],[2] | 248,834 | 292,306 | 371,852
Match Funded Liabilties [Member] |  |  |  |
Debt securities: |  |  |  |
Interest expense |  | 66,879 | 65,248 | 61,576
Other Secured Borrowings [Member] |  |  |  |
Debt securities: |  |  |  |
Interest expense |  | 60,469 | 91,391 | 82,837
Senior Notes [Member] |  |  |  |
Debt securities: |  |  |  |
Interest expense |  | 30,012 | 26,259 | 15,595
Other [Member] |  |  |  |
Debt securities: |  |  |  |
Interest expense |  | $ 6,389 | $ 7,169 | $ 9,897
[1] | Includes $10.5 million and $14.3 million of fees incurred in 2016 and 2015, respectively, 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.
[2] | Includes interest expense related to financing liabilities recorded in connection with the NRZ/HLSS Transactions as indicated in the table below:20162015 2014Servicing fees collected on behalf of NRZ/HLSS$633,545 $694,833 $736,122Less: Subservicing fee retained by Ocwen337,727 355,527 358,053Net servicing fees remitted to NRZ/HLSS295,818 339,306 378,069Less: Reduction in financing liability61,418 70,513 17,374Interest expense on NRZ/HLSS financing liability$234,400$268,793 $360,695The reduction in the financing liability does not include reimbursements to NRZ/HLSS for the loss of servicing revenues when we were terminated as servicer and where the related Rights to MSRs had been sold to NRZ/HLSS.

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- Definition Amount of the cost of borrowed funds accounted for as interest expense. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28555-108399 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.9) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
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