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Borrowings - Schedule of Match Funded Liabilities (Footnote) (Details) - USD ($) | 6 Months Ended |
--- | --- | ---
Jun. 30, 2017 | Dec. 31, 2016
Debt Instrument [Line Items] |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged |  | $ 0 |
Series 2016 Term Notes [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Total borrowing capacity |  | 500,000,000.0 |
Series 2015 Term Notes [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Total borrowing capacity |  | $ 400,000,000.0 |
Series 2015 Term Notes [Member] | Minimum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, interest rate |  | 2.5207% |
Series 2015 Term Notes [Member] | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, interest rate |  | 4.687% |
Advance Receivables Backed Notes, Series 2015-VF1 [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maximum borrowing capacity |  | $ 110,000,000.0 | $ 160,000,000.0
Total Ocwen Servicer Advance Receivables Trust III (OSARTIII) [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Maximum borrowing capacity |  | 75,000,000.0 |
Total Ocwen Servicer Advance Receivables Trust III (OSARTIII) [Member] | Advance Receivables Backed Notes, Series 2014-VF1 [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [1],[2] | $ 19,214,000 |
Debt instrument, interest rate | [2],[3] | 4.31% | 4.03%
Total Ocwen Servicer Advance Receivables Trust III (OSARTIII) [Member] | Advance Receivables Backed Notes, Series 2014-VF1 [Member] | Minimum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  | 2.30% |
Total Ocwen Servicer Advance Receivables Trust III (OSARTIII) [Member] | Advance Receivables Backed Notes, Series 2014-VF1 [Member] | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  | 4.70% |
Total Ocwen Master Advance Receivables Trust (OMART) [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [1] | $ 141,521,000 |
Debt instrument, interest rate | [3] | 3.14% | 3.14%
Maximum borrowing capacity |  | $ 70,000,000.0 | $ 140,000,000.0
Total Ocwen Freddie Advance Funding Facility (OFAF) [Member] | Advance Receivables Backed Notes, Series 2015-VF1 [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [1],[4] | $ 49,434,000 |
Debt instrument, interest rate | [3],[4] | 4.14% | 3.54%
Total Ocwen Freddie Advance Funding Facility (OFAF) [Member] | Advance Receivables Backed Notes, Series 2015-VF1 [Member] | Minimum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, interest rate |  | 2.50% |
Total Ocwen Freddie Advance Funding Facility (OFAF) [Member] | Advance Receivables Backed Notes, Series 2015-VF1 [Member] | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, interest rate |  | 5.00% |
Total Automotive Capital Asset Receivables Trust [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [1],[5] | $ 76,454,000 |
Debt instrument, interest rate | [3],[5] | 6.34% | 0.00%
Maximum borrowing capacity |  | $ 200,000,000.0 |
Total Automotive Capital Asset Receivables Trust [Member] | Loan Series 2017-1 [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [1],[5] | $ 38,227,000 |
Debt instrument, interest rate | [3],[5] | 6.46% | 0.00%
Maximum borrowing capacity |  | $ 50,000,000.0 |
Total Automotive Capital Asset Receivables Trust [Member] | Loan Series 2017-2 [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [1],[5] | $ 38,227,000 |
Debt instrument, interest rate | [3],[5] | 6.23% | 0.00%
Maximum borrowing capacity |  | $ 50,000,000.0 |
Basis spread on variable rate |  | 5.00% |
London Interbank Offered Rate (LIBOR) [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt instrument, interest rate |  | 1.22389% | 0.77167%
London Interbank Offered Rate (LIBOR) [Member] | Total Ocwen Servicer Advance Receivables Trust III (OSARTIII) [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Ceiling percentage of 1ML in determining interest rate |  | 0.75% |
London Interbank Offered Rate (LIBOR) [Member] | Total Ocwen Master Advance Receivables Trust (OMART) [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Ceiling percentage of 1ML in determining interest rate |  | 0.75% |
London Interbank Offered Rate (LIBOR) [Member] | Total Ocwen Master Advance Receivables Trust (OMART) [Member] | Minimum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  | 1.85% |
London Interbank Offered Rate (LIBOR) [Member] | Total Ocwen Master Advance Receivables Trust (OMART) [Member] | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  | 5.45% |
London Interbank Offered Rate (LIBOR) [Member] | Total Ocwen Freddie Advance Funding Facility (OFAF) [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Ceiling percentage of 1ML in determining interest rate |  | 3.00% |
London Interbank Offered Rate (LIBOR) [Member] | Total Ocwen Freddie Advance Funding Facility (OFAF) [Member] | Advance Receivables Backed Notes, Series 2015-VF1 [Member] | Minimum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  | 2.40% |
London Interbank Offered Rate (LIBOR) [Member] | Total Ocwen Freddie Advance Funding Facility (OFAF) [Member] | Advance Receivables Backed Notes, Series 2015-VF1 [Member] | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  | 4.80% |
London Interbank Offered Rate (LIBOR) [Member] | Total Automotive Capital Asset Receivables Trust [Member] | Loan Series 2017-1 [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Ceiling percentage of 1ML in determining interest rate |  | 5.00% |
[1] | Borrowing capacity is available to us provided that we have additional eligible collateral to pledge. Collateral may only be pledged to one facility. At June 30, 2017, none of the available borrowing capacity of our advance financing notes could be used based on the amount of eligible collateral that had been pledged.
[2] | The maximum borrowing capacity under this facility is $75.0 million. There is a ceiling of 75 bps for 1ML in determining the interest rate for these variable rate notes. Rates on the individual notes are based on the lender’s cost of funds plus a margin of 230 to 470 bps.
[3] | 1ML was 1.22% and 0.77% at June 30, 2017 and December 31, 2016, respectively.
[4] | The combined borrowing capacity of the Series 2015-VF1 Notes is $160.0 million. Rates on the individual notes are based on 1ML plus a margin of 240 to 480 bps. On June 8, 2017, we negotiated a renewal of this facility through June 7, 2018. As part of this renewal, we reduced the combined borrowing capacity of the Series 2015-VF1 Notes to $110.0 million with interest computed based on the lender’s cost of funds plus a margin of from 250 to 500 bps. There is a ceiling of 300 bps for 1ML in determining the interest rate for these variable rate notes.
[5] | We entered into the loan agreements for the Series 2017-1 Notes on February 24, 2017 and for the Series 2017-2 Notes on March 17, 2017. The committed borrowing capacity for each of the Series 2017-1 and Series 2017-2 variable rate notes is $50.0 million. We may from time to time request increases in the aggregate maximum borrowing capacity of the facility to a maximum aggregate borrowing capacity of $200.0 million. Rates on the Series 2017-1 notes are based on 1ML plus a margin of 500 bps and rates on the Series 2017-2 notes are based on the lender’s cost of funds plus a margin of 500 bps.

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