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Fair Value - Summary of Reconciliation of the Changes in Fair Value of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Total realized and unrealized gains and (losses):      
Included in earnings $ (4,500) $ (78,300) $ (90,300)
Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 343,662 326,404 (406,749)
Purchases, issuances, sales and settlements      
Purchases 655 1,337 3,513
Issuances (60,743) [1] 18,703 (18,724)
Transfer from MSRs carried at amortized cost     839,157
Sales (540) (148) (72,274)
Transfers to Loans held for sale - Fair value (3,803)    
Transfers to Receivables (3,583)    
Transfers to Other assets (1,929)    
Settlements [1] 32,860 50,290 74,965
Purchases, issuances, sales and settlements, total (37,083) 70,182 826,637
Total realized and unrealized gains and (losses):      
Included in earnings (31,094) [1],[2] (52,924) [2] (93,484)
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income (24,985) [2] (52,924) [2] (93,484)
Transfers in and / or out of Level 3 0 0 0
Ending balance 281,594 343,662 326,404
Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] 6,109    
Loans Held for Investment [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 3,565,716 2,488,253 1,550,141
Purchases, issuances, sales and settlements      
Purchases 0 0 0
Issuances 1,277,615 [1] 1,107,046 1,008,065
Transfer from MSRs carried at amortized cost     0
Sales 0 0 0
Transfers to Loans held for sale - Fair value (3,803)    
Transfers to Receivables (3,583)    
Transfers to Other assets (1,929)    
Settlements [1] (444,388) (243,596) (151,134)
Purchases, issuances, sales and settlements, total 823,912 863,450 856,931
Total realized and unrealized gains and (losses):      
Included in earnings 326,203 [1],[2] 214,013 [2] 81,181
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income 326,203 [2] 214,013 [2] 81,181
Transfers in and / or out of Level 3 0 0 0
Ending balance 4,715,831 3,565,716 2,488,253
Loans Held for Investment [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] 0    
HMBS - Related Borrowings [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance (3,433,781) (2,391,362) (1,444,252)
Purchases, issuances, sales and settlements      
Purchases 0 0 0
Issuances (1,281,543) [1] (1,086,795) (1,024,361)
Transfer from MSRs carried at amortized cost     0
Sales 0 0 0
Transfers to Loans held for sale - Fair value 0    
Transfers to Receivables 0    
Transfers to Other assets 0    
Settlements [1] 418,503 230,045 153,016
Purchases, issuances, sales and settlements, total (863,040) (856,750) (871,345)
Total realized and unrealized gains and (losses):      
Included in earnings (304,735) [1],[2] (185,669) [2] (75,765)
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income (304,735) [2] (185,669) [2] (75,765)
Transfers in and / or out of Level 3 0 0 0
Ending balance (4,601,556) (3,433,781) (2,391,362)
HMBS - Related Borrowings [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] 0    
Mortgage Backed Securities [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 8,342 7,985 7,335
Purchases, issuances, sales and settlements      
Purchases 0 0 0
Issuances 0 [1] 0 0
Transfer from MSRs carried at amortized cost     0
Sales 0 0 0
Transfers to Loans held for sale - Fair value 0    
Transfers to Receivables 0    
Transfers to Other assets 0    
Settlements [1] 0 0 0
Purchases, issuances, sales and settlements, total 0 0 0
Total realized and unrealized gains and (losses):      
Included in earnings (6,750) [1],[2] 357 [2] 650
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income (6,750) [2] 357 [2] 650
Transfers in and / or out of Level 3 0 0 0
Ending balance 1,592 8,342 7,985
Mortgage Backed Securities [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] 0    
Financing Liability - MSRs Pledged [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance (477,707) (541,704) (614,441)
Purchases, issuances, sales and settlements      
Purchases 0 0 0
Issuances (54,601) [1] 0 0
Transfer from MSRs carried at amortized cost     0
Sales 0 0 0
Transfers to Loans held for sale - Fair value 0    
Transfers to Receivables 0    
Transfers to Other assets 0    
Settlements [1] 59,190 63,997 72,737
Purchases, issuances, sales and settlements, total 4,589 63,997 72,737
Total realized and unrealized gains and (losses):      
Included in earnings (41,282) [1],[2] 0 [2] 0
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income (35,173) [2] 0 [2] 0
Transfers in and / or out of Level 3 0 0 0
Ending balance (508,291) (477,707) (541,704)
Financing Liability - MSRs Pledged [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] 6,109    
Derivatives [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 1,836 2,042 567
Purchases, issuances, sales and settlements      
Purchases 655 1,337 2,506
Issuances 0 [1] 0 0
Transfer from MSRs carried at amortized cost     0
Sales 0 0 0
Transfers to Loans held for sale - Fair value 0    
Transfers to Receivables 0    
Transfers to Other assets 0    
Settlements [1] (445) (156) 346
Purchases, issuances, sales and settlements, total 210 1,181 2,852
Total realized and unrealized gains and (losses):      
Included in earnings 10 [1],[2] (1,387) [2] (1,377)
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income 10 [2] (1,387) [2] (1,377)
Transfers in and / or out of Level 3 0 0 0
Ending balance 2,056 1,836 2,042
Derivatives [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] 0    
MSRs [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 679,256 761,190 93,901
Purchases, issuances, sales and settlements      
Purchases 0 0 1,007
Issuances (2,214) [1] (1,548) (2,428)
Transfer from MSRs carried at amortized cost     839,157
Sales (540) (148) (72,274)
Transfers to Loans held for sale - Fair value 0    
Transfers to Receivables 0    
Transfers to Other assets 0    
Settlements [1] 0 0 0
Purchases, issuances, sales and settlements, total (2,754) (1,696) 765,462
Total realized and unrealized gains and (losses):      
Included in earnings (4,540) [1],[2] (80,238) [2] (98,173)
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income (4,540) [2] (80,238) [2] (98,173)
Transfers in and / or out of Level 3 0 0 0
Ending balance 671,962 $ 679,256 $ 761,190
MSRs [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] $ 0    
[1] On September 1, 2017, Ocwen transferred MSRs with UPB of $15.9 billion to NRZ and received a lump-sum payment of $54.6 million. The fair value of the portion of the Financing Liability - MSRs Pledged recognized in connection with the transfer declined $42.0 million in 2017 primarily due to $37.6 million recognized at the time of the initial transfer of the MSRs, which had a contractual servicing fee rate of 33.4 bps as compared to the weighted average of 47.1 bps for the loan characteristics used to determine the lump sum payment. See Note 8 — Rights to MSRs.
[2] Total gains (losses) attributable to derivative financial instruments still held at December 31, 2017 and 2016 were $0.1 million, $0.3 million and $(1.0) million for 2017, 2016 and 2015, respectively. Total losses for 2017, 2016 and 2015 attributable to MSRs still held at December 31, 2017, 2016 and 2015 were $4.5 million, $78.3 million and $90.3 million, respectively.