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Match Funded Advances | 6 Months Ended
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Jun. 30, 2018
Transfers and Servicing [Abstract] |
Match Funded Assets | Note 6 – Match Funded Assets
| June 30, 2018 |  | December 31, 2017
Advances |  |  |
Principal and interest | $ | 447,781 |  |  | $ | 523,248 |
Taxes and insurance | 380,733 |  |  | 439,857 |
Foreclosures, bankruptcy, real estate and other | 165,412 |  |  | 181,495 |
| 993,926 |  |  | 1,144,600 |
Automotive dealer financing notes (1) | — |  |  | 35,392 |
Allowance for losses | — |  |  | (2,635 | )
| — |  |  | 32,757 |
| $ | 993,926 |  |  | $ | 1,177,357 |
(1) | In January 2018, we terminated our automotive dealer loan financing facility.
The following table summarizes the activity in match funded assets:
| Six Months Ended June 30,
| 2018 |  | 2017
| Advances |  | Automotive Dealer Financing Notes |  | Advances |  | Automotive Dealer Financing Notes
Beginning balance | $ | 1,144,600 |  |  | $ | 32,757 |  |  | $ | 1,451,964 |  |  | $ | — |
Transfer (to) from Other assets | — |  |  | (36,896 | ) |  | — |  |  | 25,180 |
Sales | — |  |  | — |  |  | (691 | ) |  | — |
New advances (collections), net | (150,674 | ) |  | 1,504 |  |  | (192,232 | ) |  | 8,687 |
Decrease in allowance for losses (1) | — |  |  | 2,635 |  |  | — |  |  | — |
Ending balance | $ | 993,926 |  |  | $ | — |  |  | $ | 1,259,041 |  |  | $ | 33,867 |
(1) | The remaining allowance was charged off in connection with the exit from the ACS business.

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- Definition The disclosure for the carrying amount of advances transferred to special purpose entities in transactions accounted for as secured borrowings in the transferor's statement of financial position. Advances include receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Advances also include receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors. + References No definition available. + Details
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Namespace Prefix: | ocn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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- References No definition available. + Details
Name: | us-gaap_TransfersAndServicingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration