XML 78 R62.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Loans Held for Sale - Schedule of Gains on Loans Held for Sale, Net (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Gain on sales of loans, net | $ 16,529 | $ 30,626 | $ 68,957 | $ 84,005
Change in fair value of IRLCs | 26 | (178) | 137 | (1,605)
Change in fair value of loans held for sale | 365 | (2,078) | (9,781) | 3,735
Gain (loss) on economic hedge instruments | 84 | (2,420) | 2,082 | (8,604)
Other | (62) | (173) | (260) | (555)
Gain on loans held for sale, net | 16,942 | 25,777 | 61,135 | 76,976
MSRs Retained on Transfers of Forward Loans [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Gain on sales of loans, net | 1,427 | 3,572 | 5,880 | 18,604
Fair Value Gains Related to Transfers of Reverse Mortgage Loans, Net [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Gain on sales of loans, net | 9,421 | 15,747 | 36,870 | 37,434
Gain on Sale of Repurchased Ginnie Mae Loans [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Gain on sales of loans, net | 1,222 | 4,577 | 2,179 | 8,332
Other, Net [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Gain on sales of loans, net | $ 4,459 | $ 6,730 | $ 24,028 | $ 19,635

X
- Definition The increase (decrease) during the reporting period in the fair value of mortgage loans that are held with the intention to sell or be securitized in the near future. + References No definition available. + Details
Name: | ocn_ChangeInFairValueOfMortgageLoansHeldForSale
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the net increase or decrease in the fair value of the interest rate derivative or group of derivatives. + References No definition available. + Details
Name: | ocn_GainLossOnInterestRateDerivativeInstruments
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Total amount of gain (loss) derived from fair value hedges recognized in earnings in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 + Details
Name: | us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net gain (loss) realized from the sale, exchange, redemption, or retirement of securities, not separately or otherwise categorized as trading, available-for-sale, or held-to-maturity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13(h)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.3) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 + Details
Name: | us-gaap_GainLossOnSaleOfSecuritiesNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net gain (loss) resulting from a sale of loans, including adjustments to record loans classified as held-for-sale at the lower-of-cost-or-market and fair value adjustments to loan held for investment purposes. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.3(a)) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13(h)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585 + Details
Name: | us-gaap_GainLossOnSalesOfLoansNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net gain (loss) resulting from sales and other disposals of other real estate owned, increases (decreases) in the valuation allowance for foreclosed real estate, and write-downs of other real estate owned after acquisition or physical possession. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.14(d)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
Name: | us-gaap_GainsLossesOnSalesOfOtherRealEstate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ocn_MortgageServicingRightsRetainedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ocn_FairValueGainsRelatedToTransfersOfReverseMortgageLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ocn_RepurchasedGinnieMaeLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ocn_OtherGainsRelatedToLoansHeldForSaleMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |