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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue    
Servicing and subservicing fees $ 272,502 $ 297,496
Gain on loans held for sale, net 22,944 15,572
Other 26,418 17,689
Total revenue 321,864 330,757
Expenses    
Compensation and benefits 91,801 96,249
Servicing and origination 67,907 95,692
Professional services 41,829 70,907
Technology and communications 27,347 26,869
Occupancy and equipment 17,749 24,745
Amortization of mortgage servicing rights 12,715 12,806
Other 17,035 1,389
Total expenses 276,383 328,657
Other income (expense)    
Interest income 3,763 4,190
Interest expense (84,062) (106,089)
Gain on sale of mortgage servicing rights, net 287 1,175
Other, net 4,033 (3,501)
Total other expense, net (75,979) (104,225)
Loss before income taxes (30,498) (102,125)
Income tax expense 2,125 9,076
Net loss (32,623) (111,201)
Net income attributable to non-controlling interests (101) (130)
Net loss attributable to Ocwen stockholders $ (32,724) $ (111,331)
Loss per share attributable to Ocwen stockholders    
Basic (in USD per share) $ (0.26) $ (0.90)
Diluted (in USD per share) $ (0.26) $ (0.90)
Weighted average common shares outstanding    
Basic (in shares) 124,014,928 124,093,339
Diluted (in shares) 124,014,928 124,093,339