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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, 2018
Dec. 31, 2017
Dec. 31, 2016
Total realized and unrealized gains and (losses):      
Included in earnings $ 153,500 $ 4,500 $ 78,300
Loans Held for Investment [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 4,715,831 3,565,716 2,488,253
Purchases, issuances, sales and settlements      
Purchases 0 0 0
Issuances 920,476 [1] 1,277,615 1,107,046
Sales 0 0 0
Settlements [1] (400,521) (444,388) (243,596)
Loans held for sale, at fair value (1,039) (3,803)  
Receivables, net (158) (3,583)  
Other assets (411) (1,929)  
Purchases, issuances, sales and settlements, total 518,347 823,912 863,450
Total realized and unrealized gains and (losses):      
Included in earnings 238,021 [1],[2] 326,203 [2] 214,013
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income 238,021 [2] 326,203 [2] 214,013
Transfers in and / or out of Level 3 0 0 0
Ending balance 5,472,199 4,715,831 3,565,716
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 (4,601,556) (3,433,781) (2,391,362)
Purchases, issuances, sales and settlements      
Purchases 0 0 0
Issuances (948,917) [1] (1,281,543) (1,086,795)
Sales 0 0 0
Settlements [1] 391,985 418,503 230,045
Loans held for sale, at fair value 0    
Receivables, net 0    
Other assets 0    
Purchases, issuances, sales and settlements, total (556,932) (863,040) (856,750)
Total realized and unrealized gains and (losses):      
Included in earnings (221,960) [1],[2] (304,735) [2] (185,669)
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income (221,960) [2] (304,735) [2] (185,669)
Transfers in and / or out of Level 3 0 0 0
Ending balance (5,380,448) (4,601,556) (3,433,781)
HMBS - Related Borrowings [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] 0    
Loans Held for Investments - Restricted for Securitization Investors [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 0    
Purchases, issuances, sales and settlements      
Purchases 0    
Issuances 0    
Consolidation of mortgage-backed securitization trusts 28,373    
Sales 0    
Settlements (1,853)    
Purchases, issuances, sales and settlements, total 26,520    
Total realized and unrealized gains and (losses):      
Ending balance 26,520 0  
Financing Liability Owed to Securitization Investors [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 0    
Purchases, issuances, sales and settlements      
Purchases 0    
Issuances 0    
Consolidation of mortgage-backed securitization trusts (26,643)    
Sales 0    
Settlements 1,828    
Purchases, issuances, sales and settlements, total (24,815)    
Total realized and unrealized gains and (losses):      
Ending balance (24,815) 0  
Mortgage Backed Securities [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 1,592 8,342 7,985
Purchases, issuances, sales and settlements      
Purchases 0 0 0
Issuances 0 [1] 0 0
Sales 0 0 0
Settlements [1] 0 0 0
Transfer from MSRs carried at amortized cost 0    
Loans held for sale, at fair value 0    
Receivables, net 0    
Other assets 0    
Purchases, issuances, sales and settlements, total 0 0 0
Total realized and unrealized gains and (losses):      
Included in earnings (90) [1],[2] (6,750) [2] 357
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income (90) [2] (6,750) [2] 357
Transfers in and / or out of Level 3 0 0 0
Ending balance 1,502 1,592 8,342
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 (508,291) (477,707) (541,704)
Purchases, issuances, sales and settlements      
Purchases (667) 0 0
Recognized (assumed) in connection with the acquisition of PHH (481,020)    
Issuances (279,586) [1] (54,601) 0
Consolidation of mortgage-backed securitization trusts 0    
Sales 0 0 0
Settlements [1] 211,766 59,190 63,997
Transfer from MSRs carried at amortized cost 0    
Loans held for sale, at fair value 0    
Receivables, net 0    
Other assets 0    
Purchases, issuances, sales and settlements, total (549,507) 4,589 63,997
Total realized and unrealized gains and (losses):      
Included in earnings 19,269 [1],[2] (41,282) [2] 0
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income 24,942 [2] (35,173) [2] 0
Transfers in and / or out of Level 3 0 0 0
Ending balance (1,032,856) (508,291) (477,707)
Financing Liability - MSRs Pledged [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] 5,673 6,109  
Derivatives [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 2,056 1,836 2,042
Purchases, issuances, sales and settlements      
Purchases 95 655 1,337
Issuances 0 [1] 0 0
Consolidation of mortgage-backed securitization trusts 0    
Sales 0 0 0
Settlements [1] (371) (445) (156)
Loans held for sale, at fair value 0    
Receivables, net 0    
Other assets 0    
Purchases, issuances, sales and settlements, total (276) 210 1,181
Total realized and unrealized gains and (losses):      
Included in earnings (1,102) [1],[2] 10 [2] (1,387)
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income (1,102) [2] 10 [2] (1,387)
Transfers in and / or out of Level 3 0 0 0
Ending balance 678 2,056 1,836
Derivatives [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] 0    
Mortgage Servicing Rights [Member] | Level 3 [Member]      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance 671,962 679,256 761,190
Purchases, issuances, sales and settlements      
Purchases 13,712 0 0
Recognized (assumed) in connection with the acquisition of PHH 518,127    
Issuances 0 [1] (2,214) (1,548)
Consolidation of mortgage-backed securitization trusts 0    
Sales (6,240) (540) (148)
Settlements [1] (5,880) 0 0
Transfer from MSRs carried at amortized cost 418,925    
Loans held for sale, at fair value 0    
Receivables, net 0    
Other assets 0    
Purchases, issuances, sales and settlements, total 938,644 (2,754) (1,696)
Total realized and unrealized gains and (losses):      
Included in earnings (153,457) [1],[2] (4,540) [2] (80,238)
Included in Other comprehensive income 0 0 0
Included in earnings and other comprehensive income (153,457) [2] (4,540) [2] (80,238)
Transfers in and / or out of Level 3 0 0 0
Ending balance 1,457,149 $ 671,962 $ 679,256
Mortgage Servicing Rights [Member] | Level 3 [Member] | Calls and Other [Member]      
Total realized and unrealized gains and (losses):      
Included in earnings [1],[2] $ 0    
[1] On January 18, 2018, Ocwen received a lump-sum payment of $279.6 million in accordance with terms of the agreements with NRZ. A $16.6 million reduction in the fair value of the Financing Liability - MSRs Pledged was recognized in connection with the receipt of the lump-sum payment. See Note 9 — Rights to MSRs.
[2] 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. A reduction in the fair value of the Financing Liability - MSRs Pledged of $37.6 million was recognized at the time of the initial transfer of the MSRs. See Note 9 — Rights to MSRs.