XML 83 R69.htm IDEA: XBRL DOCUMENT v3.8.0.1

Mortgage Servicing - Schedule of Activity Related to MSRs - Fair Value Measurement Method (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance		$ 671,962	$ 679,256
Fair value election - transfer of MSRs carried at amortized cost, net of valuation allowance		336,882
Cumulative effect of fair value election		82,043
Sales and other transfers		(131)	(228)
Additions recognized on the sale of residential mortgage loans		2,378
Servicing transfers and adjustments		(1,758)	(706)
Changes in fair value:
Changes in valuation inputs or other assumptions	[1]	20,460	494
Realization of expected future cash flows and other changes	[1]	(37,589)	(26,829)
Ending balance		1,074,247	651,987
Fair Value Agency Mortgage Servicing Rights [Member]
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance		11,960	13,357
Fair value election - transfer of MSRs carried at amortized cost, net of valuation allowance		336,882
Cumulative effect of fair value election		82,043
Additions recognized on the sale of residential mortgage loans		2,378
Changes in fair value:
Changes in valuation inputs or other assumptions	[1]	20,460	494
Realization of expected future cash flows and other changes	[1]	(15,501)	(445)
Ending balance		438,221	13,406
Fair Value Non-Agency Mortgage Servicing Rights [Member]
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance		660,002	665,899
Sales and other transfers		(131)	(228)
Servicing transfers and adjustments		(1,757)	(706)
Changes in fair value:
Realization of expected future cash flows and other changes	[1]	(22,088)	(26,384)
Ending balance		$ 636,026	$ 638,581
[1] Changes in fair value are recognized in MSR valuation adjustments, net in the unaudited consolidated statements of operations.

X

- Definition

Servicing asset at amortized value net of valuation allowance fair value election transfer to MSRs carried at fair value.

+ References

No definition available.

+ Details

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

X

- Definition

Amount of the cumulative effect on retained earnings net of related income tax effect.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22663-107794

+ Details

Name:	us-gaap_CumulativeEffectOnRetainedEarningsNetOfTax1
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

The value of new servicing assets, subsequently measured at fair value, acquired or created during the current period through purchases or from transfers of financial assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 3
-Subparagraph (a)(2)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122625-111746

+ Details

Name:	us-gaap_ServicingAssetAtFairValueAdditions
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 3
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122625-111746

+ Details

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

X

- Definition

A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.

+ References

No definition available.

+ Details

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

X

- Definition

Amount of increase (decrease) in fair value from changes in the inputs, assumptions, or model used to calculate the fair value of the contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 3
-Subparagraph (a)(4)(i)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122625-111746

+ Details

Name:	us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- References

No definition available.

+ Details

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

X

- Definition

Decrease in servicing assets subsequently measured at fair value resulting from conveyance of servicing rights to unrelated parties.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 3
-Subparagraph (a)(3)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122625-111746

+ Details

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

X

- Definition

Amount of increase (decrease) from changes in fair value classified as other for a contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 3
-Subparagraph (a)(4)(ii)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122625-111746

+ Details

Name:	us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Amount of increase (decrease) in fair value from changes classified as other for a contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 3
-Subparagraph (a)(5)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122625-111746

+ Details

Name:	us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=ocn_FairValueAgencyMortgageServicingRightsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=ocn_FairValueNonAgencyMortgageServicingRightsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: