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Borrowings - Schedule of Match Funded Liabilities (Footnote) (Details) - USD ($) | 9 Months Ended |  |  |  |
--- | --- | --- | --- | --- | ---
Sep. 30, 2018 | Jul. 16, 2018 | Jul. 13, 2018 | Jun. 07, 2018 | Dec. 31, 2017
Debt Instrument [Line Items] |  |  |  |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged |  | $ 52,800,000 |  |  |  |
Match funded liabilities |  | 714,246,000 |  |  |  | $ 998,618,000
Series 2014 and 2015 Variable Funding Notes [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity |  | 70,000,000.0 |  |  |  | 105,000,000.0
Advance Receivables Backed Notes - Series 2015-VF5 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity |  |  |  | $ 225,000,000 |  |
Advance Receivables Backed Notes - Series 2015-VF5 [Member] | Minimum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, interest rate |  |  |  | 1.05% |  |
Advance Receivables Backed Notes - Series 2015-VF5 [Member] | Maximum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, interest rate |  |  |  | 2.50% |  |
Advance Receivables Backed Notes - Series 2016-T1 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, redeemed |  |  | $ 265,000,000 |  |  |
Series 2016 and 2018 Term Notes [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Total borrowing capacity |  | $ 535,000,000.0 |  |  |  |
Series 2016 and 2018 Term Notes [Member] | Minimum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, interest rate |  | 2.7215% |  |  |  |
Series 2016 and 2018 Term Notes [Member] | Maximum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, interest rate |  | 4.5319% |  |  |  |
Advance Receivables Backed Notes, Series 2018-T1 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Match funded liabilities |  | $ 150,000,000 |  |  |  |
Advance Receivables Backed Notes, Series 2018-T2 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Match funded liabilities |  | 150,000,000 |  |  |  |
Advance Receivables Backed Notes, Series 2014-VF1 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity |  | $ 55,000,000.0 |  |  |  |
Advance Receivables Backed Notes, Series 2014-VF1 [Member] | Minimum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate |  | 2.35% |  |  |  |
Advance Receivables Backed Notes, Series 2014-VF1 [Member] | Maximum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate |  | 4.75% |  |  |  |
Advance Receivables Backed Notes, Series 2015-VF1 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  | $ 65,000,000.0 | $ 110,000,000.0
Advance Receivables Backed Notes, Series 2015-VF1 [Member] | Minimum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, interest rate |  | 1.80% |  |  |  |
Advance Receivables Backed Notes, Series 2015-VF1 [Member] | Maximum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, interest rate |  | 4.50% |  |  |  |
London Interbank Offered Rate (LIBOR) [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, interest rate |  | 2.26056% |  |  |  | 1.564%
Basis spread on variable rate | [1] | 2.60% |  |  |  |
London Interbank Offered Rate (LIBOR) [Member] | Series 2014 and 2015 Variable Funding Notes [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Ceiling percentage of 1ML in determining interest rate |  | 1.25% |  |  |  |
London Interbank Offered Rate (LIBOR) [Member] | Series 2014 and 2015 Variable Funding Notes [Member] | Minimum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate |  | 2.35% |  |  |  |
London Interbank Offered Rate (LIBOR) [Member] | Series 2014 and 2015 Variable Funding Notes [Member] | Maximum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate |  | 6.35% |  |  |  |
London Interbank Offered Rate (LIBOR) [Member] | Advance Receivables Backed Notes, Series 2014-VF1 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Ceiling percentage of 1ML in determining interest rate |  | 3.00% |  |  |  |
London Interbank Offered Rate (LIBOR) [Member] | Advance Receivables Backed Notes, Series 2015-VF1 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Ceiling percentage of 1ML in determining interest rate |  | 3.00% |  |  |  |
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 | [2] | $ 46,178,000 |  |  |  |
Debt instrument, interest rate | [3] | 3.46% |  |  |  | 3.02%
Match funded liabilities |  | $ 713,822,000 |  |  |  | $ 884,190,000
Total Ocwen Master Advance Receivables Trust (OMART) [Member] | Advance Receivables Backed Notes - Series 2015-VF5 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [2],[4] | $ 46,178,000 |  |  |  |
Debt instrument, interest rate | [3],[4] | 3.76% |  |  |  | 4.29%
Match funded liabilities | [4] | $ 178,822,000 |  |  |  | $ 67,095,000
Total Ocwen Master Advance Receivables Trust (OMART) [Member] | Advance Receivables Backed Notes - Series 2016-T1 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [2],[5] | $ 0 |  |  |  |
Debt instrument, interest rate | [3],[5] | 0.00% |  |  |  | 2.77%
Match funded liabilities | [5] | $ 0 |  |  |  | $ 265,000,000
Total Ocwen Master Advance Receivables Trust (OMART) [Member] | Advance Receivables Backed Notes, Series 2018-T1 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [2],[5] | $ 0 |  |  |  |
Debt instrument, interest rate | [3],[5] | 3.50% |  |  |  | 0.00%
Match funded liabilities | [5] | $ 150,000,000 |  |  |  | $ 0
Total Ocwen Master Advance Receivables Trust (OMART) [Member] | Advance Receivables Backed Notes, Series 2018-T2 [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Available borrowing capacity that could be used based on amount of eligible collateral pledged | [2],[5] | $ 0 |  |  |  |
Debt instrument, interest rate | [3],[5] | 3.81% |  |  |  | 0.00%
Match funded liabilities | [5] | $ 150,000,000 |  |  |  | $ 0
[1] | Represents amounts due to the holders of beneficial interests in Ginnie Mae guaranteed HMBS. The beneficial interests have no maturity dates, and the borrowings mature as the related loans are repaid.
[2] | Borrowing capacity is available to us provided that we have eligible collateral to pledge. Collateral may only be pledged to one facility. At September 30, 2018, $52.8 million of the available borrowing capacity of our advance financing notes could be used based on the amount of eligible collateral that had been pledged.
[3] | 1ML was 2.26% and 1.56% at September 30, 2018 and December 31, 2017, respectively.
[4] | Effective January 1, 2018, the borrowing capacity of the Series 2014-VF4 and the Series 2015-VF5 variable rate notes were each reduced from $105.0 million to $70.0 million. The interest rate was based on 1ML, with a ceiling of 125 basis points (bps), plus a margin of 235 to 635 bps. On July 13, 2018, we increased the borrowing capacity of the Series 2015-VF5 variable notes to $225.0 million and extended the amortization date to December 15, 2019, with interest computed based on the lender’s cost of funds plus a margin of 105 to 250 bps. The increased capacity was used on July 16, 2018 to redeem the Series 2016-T1 term notes with an outstanding balance of $265.0 million and an amortization date of August 15, 2018. We also voluntarily terminated the Series 2014-VF4 variable notes on July 16, 2018.
[5] | Under the terms of the agreement, we must continue to borrow the full amount of the Series 2016-T2, 2018-T1 and 2018-T2 fixed-rate term notes until the amortization date. If there is insufficient eligible collateral to support the level of borrowing, the excess cash proceeds in an amount necessary to make up the deficit are not distributed to Ocwen but are held by the trustee, and interest expense continues to be based on the full amount of the outstanding notes. The Series 2016-T2, 2018-T1 and 2018-T2 term notes have a total combined borrowing capacity of $535.0 million. Rates on the individual classes of notes range from 2.72% to 4.53%. The Series 2016-T1 and Series 2017-T1 term notes were redeemed on July 16, 2018 and August 14, 2018, respectively. On August 15, 2018, we issued two $150.0 million fixed-rate term notes (Series 2018 T-1 and Series 2018-T2) with amortization dates of August 15, 2019 and August 2020, respectively.

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