XML 97 R86.htm IDEA: XBRL DOCUMENT v3.7.0.1

Derivative Financial Instruments and Hedging Activities - Summary of Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Fair value of derivative assets (liabilities) at:
Derivatives, at fair value	$ 10,027		$ 9,279
Interest Rate Lock Commitments [Member]
Derivative Notional Balance
Notional balance at December 31, 2016	360,450
Additions	1,427,753
Amortization	0
Maturities	(1,149,358)
Terminations	(247,899)
Notional balance at March 31, 2017	$ 390,946
Maturity	Apr. 2017 - Jun. 2017
Fair value of derivative assets (liabilities) at:
Derivatives, at fair value	$ 7,765		6,507
Gains (losses) on derivatives during the three months ended:
Gains (losses) on derivatives	1,060	$ 7,465
Forward MBS Trades [Member]
Derivative Notional Balance
Notional balance at December 31, 2016	609,177
Additions	971,499
Amortization	0
Maturities	(379,055)
Terminations	(600,812)
Notional balance at March 31, 2017	$ 600,809
Maturity	Jun. 2017
Fair value of derivative assets (liabilities) at:
Derivatives, at fair value	$ (3,868)		(614)
Gains (losses) on derivatives during the three months ended:
Gains (losses) on derivatives	(2,514)	(13,202)
Interest Rate Caps [Member]
Derivative Notional Balance
Notional balance at December 31, 2016	955,000
Additions	0
Amortization	(90,000)
Maturities	0
Terminations	0
Notional balance at March 31, 2017	$ 865,000
Maturity	Oct. 2017 - Dec. 2018
Fair value of derivative assets (liabilities) at:
Derivatives, at fair value	$ 2,262		$ 1,836
Gains (losses) on derivatives during the three months ended:
Gains (losses) on derivatives	$ 359	$ (1,496)

X

- Definition

Aggregate notional amount specified by the derivative(s). Expressed as an absolute value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 12
-Section 13
-Sentence Column B

+ Details

Name:	invest_DerivativeNotionalAmount
Namespace Prefix:	invest_
Data Type:	xbrli:monetaryItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Represents amount for amortization of derivative instruments during the period.

+ References

No definition available.

+ Details

Name:	ocn_AmortizationOfDerivative
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Represents an increase in derivative instruments during the period.

+ References

No definition available.

+ Details

Name:	ocn_DerivativeAdditions
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Represents amount for maturities of derivative instruments during the period.

+ References

No definition available.

+ Details

Name:	ocn_DerivativeMaturities
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Represents a maturity period of derivative.

+ References

No definition available.

+ Details

Name:	ocn_DerivativeMaturityPeriod
Namespace Prefix:	ocn_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Derivative Notional Balance [Roll Forward]

+ References

No definition available.

+ Details

Name:	ocn_DerivativeNotionalBalanceRollForward
Namespace Prefix:	ocn_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents amount for termination of derivative instruments during the period.

+ References

No definition available.

+ Details

Name:	ocn_DerivativeTerminations
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

-- None. No documentation exists for this element. --

+ References

No definition available.

+ Details

Name:	ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract
Namespace Prefix:	ocn_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Fair value of the assets less the liabilities of a derivative or group of derivatives.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13433-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13495-108611

+ Details

Name:	us-gaap_DerivativeFairValueOfDerivativeNet
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeGainLossOnDerivativeNetAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Amount of gain (loss) included in earnings for the period from the increase (decrease) in fair value of interest rate derivatives not designated as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959

+ Details

Name:	us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateLockCommitmentsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=ocn_ForwardMortgageBackedSecuritiesTradesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateCapMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: