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Sales of Advances and MSRs (Tables) | 12 Months Ended
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Dec. 31, 2016
Transfers and Servicing of Financial Assets [Abstract] |
Summary of MSRs and Advances Sold | The following table provides a summary of the MSRs and advances sold during the years ended December 31:
| 2016 (1) |  | 2015 (1) |  | 2014 (2)
| Mortgage Servicing Rights |  | Advances and Match Funded Advances |  | Mortgage Servicing Rights |  | Advances and Match Funded Advances |  | Mortgage Servicing Rights |  | Advances and Match Funded Advances
Sales price of assets sold: |  |  |  |  |  |  |  |  |  |  |
Accounted for as a sale | $ | 29,550 |  |  | $ | 31,904 |  |  | $ | 775,351 |  |  | $ | 562,325 |  |  | $ | 287 |  |  | $ | 1,054 |
Accounted for as a financing | — |  |  | — |  |  | — |  |  | — |  |  | 123,551 |  |  | 88,981 |
| 29,550 |  |  | 31,904 |  |  | 775,351 |  |  | 562,325 |  |  | 123,838 |  |  | 90,035 |
Amount due from purchaser at December 31 | — |  |  | (399 | ) |  | (18,615 | ) |  | (76,014 | ) |  | — |  |  | — |
Amounts paid to purchaser for estimated representation and warranty obligations, compensatory fees and related indemnification obligations | (1,320 | ) |  | — |  |  | (69,898 | ) |  | — |  |  | — |  |  | — |
Amounts received from purchaser for items outstanding at the end of the previous year | 18,814 |  |  | 71,512 |  |  | — |  |  | — |  |  | — |  |  | — |
Total net cash received | $ | 47,044 |  |  | $ | 103,017 |  |  | $ | 686,838 |  |  | $ | 486,311 |  |  | $ | 123,838 |  |  | $ | 90,035 |
(1) | In 2016 and 2015, we sold MSRs relating to loans with a UPB of $3.7 billion (Agency and non-Agency) and $87.6 billion (Agency), respectively.
(2) | In 2014, we issued $123.6 million of OASIS Series 2014-1 Notes secured by Ocwen-owned MSRs relating to Freddie Mac mortgages of $11.8 billion UPB.

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