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Employee Compensation and Benefit Plans - Schedule of Stock Option Activity (Details) - Stock Options [Member] - $ / shares
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Outstanding (in shares) 6,926,634 [1],[2] 7,151,225 [1],[2] 6,828,861
Outstanding (in dollars per share) $ 9.88 [1],[2] $ 10.10 [1],[2] $ 9.99
Granted (in shares) [3],[4]     968,041
Granted (in dollars per share) [3],[4]     $ 17.48
Exercised (in shares) [5],[6]   (69,805) (145,677)
Exercised (in dollars per share) [5],[6]   $ 5.81 $ 5.24
Forfeited/Canceled (in shares) [4] (217,979) (154,786) (500,000)
Forfeited/Canceled (in dollars per share) [4] $ 7.16 $ 21.80 $ 24.38
Outstanding (in shares) [1],[2] 6,708,655 6,926,634 7,151,225
Outstanding (in dollars per share) [1],[2] $ 9.97 $ 9.88 $ 10.10
Exercisable at end of year (in shares) [1],[2],[7] 6,234,830 6,344,958 6,187,559
Exercisable at end of year (in dollars per share) [1],[2],[7] $ 8.87 $ 8.71 $ 8.25
[1] At December 31, 2017, 280,000 options with a market condition for vesting based on an average common stock trading price of $32.24, had not met their performance criteria. The net aggregate intrinsic value of stock options outstanding and stock options exercisable at December 31, 2017 was $0 and $0, respectively. A total of 4,662,814 market-based options were outstanding at December 31, 2017, of which 4,382,814 were exercisable.
[2] At December 31, 2017, the weighted average remaining contractual term of options outstanding and options exercisable was 1.94 years and 1.58 years, respectively.
[3] The weighted average grant date fair value of stock options granted in 2015 was $3.28.
[4] Upon the resignation of our former executive chairman as an officer and director of Ocwen on January 16, 2015, 500,000 of his unvested options would have been forfeited immediately. However, Ocwen agreed to modify the awards to allow them to vest. This had an effect equivalent to the canceling of the original awards and the granting of new awards effective on the date of resignation.
[5] In connection with the exercise of stock options during 2015, employees delivered 56,013 shares of common stock to Ocwen as payment for the exercise price and the income tax withholdings on the compensation. As a result, a total of 89,664 net shares of stock were issued in 2015 related to the exercise of stock options.
[6] The total intrinsic value of stock options exercised, which is defined as the amount by which the market value of the stock on the date of exercise exceeds the exercise price, was $0.1 million and $0.3 million for 2016 and 2015, respectively.
[7] The total fair value of stock options that vested and became exercisable during 2017, 2016 and 2015, based on grant-date fair value, was $0.7 million, $1.1 million and $2.0 million, respectively.