XML 99 R84.htm IDEA: XBRL DOCUMENT v3.19.1

Mortgage Servicing - Schedule of Components of Servicing and Subservicing Fees (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Transfers and Servicing [Abstract]
Servicing		$ 52,429	$ 58,995
Subservicing		6,207	914
NRZ		155,847	127,017
Servicing and Subservicing fees, total		214,483	186,926
Late charges		15,439	14,589
Custodial accounts (float earnings)		11,934	7,263
Loan collection fees		4,349	5,018
Home Affordable Modification Program (HAMP) fees	[1]	1,777	4,104
Other, net		7,881	4,238
Fees, total		$ 255,863	$ 222,138
[1] The HAMP expired on December 31, 2016. Borrowers who had requested assistance or to whom an offer of assistance had been extended as of that date had until September 30, 2017 to finalize their modification. We continue to earn HAMP success fees for HAMP modifications that remain less than 90 days delinquent at the first-, second- and third-year anniversary of the start of the trial modification.

X

- Definition

All amounts that, per contract, are due in exchange for servicing or subservicing the financial asset.

+ References

No definition available.

+ Details

Name:	ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

All amounts that, per contract, are due to the subservicer in exchange for subservicing the financial asset and would no longer be received by a subservicer if the owners of the servicing rights were to exercise their authority under the contract to shift the subservicing to another servicer.

+ References

No definition available.

+ Details

Name:	ocn_ContractuallySpecifiedSubservicingFeesAmount
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Represents amount related to interest earned on unremitted loan payments held in custodial accounts, are due to the servicer in exchange for servicing the financial asset.

+ References

No definition available.

+ Details

Name:	ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Represents loan collection fees paid by the borrower to the servicer for automated payment services.

+ References

No definition available.

+ Details

Name:	ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Represents fees related to a specific loan modification program due to the servicer in exchange for servicing the financial asset.

+ References

No definition available.

+ Details

Name:	ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Servicing fee collected on mortgage servicing rights for which rights have been sold to NRZ.

+ References

No definition available.

+ Details

Name:	ocn_ServicingFeeCollectedOnBehalfOfCounterparty
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

All amounts that are due to the servicer of a financial asset, excluding contractually specified servicing fees and late fees.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122596-111746

+ Details

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

X

- Definition

All amounts that, per contract, are due to the servicer in exchange for servicing the financial asset and would no longer be received by a servicer if the beneficial owners of the serviced assets (or their trustees or agents) were to exercise their actual or potential authority under the contract to shift the servicing to another servicer. Depending on the servicing contract, those fees may include some or all of the difference between the interest rate collected on the asset being serviced and the rate to be paid to the beneficial owners of the asset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122596-111746

+ Details

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

X

- Definition

Amount of contractually specified servicing fee, late fee, and ancillary fee recognized as income for servicing asset and servicing liability.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122596-111746

+ Details

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

X

- Definition

All amounts that are due to the servicer of a financial asset as a result of the debt holder not meeting the monthly payment terms.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122596-111746

+ Details

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

X

- References

No definition available.

+ Details

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