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v3.20.2

Borrowings - Schedule of Other Secured Borrowings (Details) - USD ($) $ in Thousands |  | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
May 31, 2020 | Sep. 30, 2020 | Dec. 31, 2019
Line of Credit Facility [Line Items] |  |  |
Other secured borrowings |  | $ 7,194,864 | $ 7,036,030
London Interbank Offered Rate (LIBOR) |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 0.15% | 1.76%
Secured Debt |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | $ 74,947 |
Available borrowing capacity |  | 136,071 |
Other secured borrowings |  | 290,671 | $ 372,015
Unamortized debt issuance costs - SSTL |  | (6,712) | (3,381)
Discount - SSTL |  | (430) | (1,134)
Long-term debt |  | $ 915,292 | $ 1,025,791
Weighted average interest rate |  | 4.51% | 4.74%
Secured Debt | Senior Secured Term Loan |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | $ 0 |
Available borrowing capacity |  | 0 |
Other secured borrowings |  | 190,000 | $ 326,066
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 19,756 |
Available borrowing capacity |  | 0 |
Other secured borrowings |  | 155,244 | 91,573
Secured Debt | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 1,000 |
Available borrowing capacity |  | 0 |
Other secured borrowings |  | 0 | 72,443
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 50,000 |
Available borrowing capacity |  | 8,869 |
Other secured borrowings |  | 191,131 | 139,227
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 0 |
Available borrowing capacity |  | 0 |
Other secured borrowings |  | $ 0 | 898
Interest rate at index floor rate |  | 4.00% |
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | $ 50,000 |
Available borrowing capacity |  | 0 |
Other secured borrowings |  | 0 | 0
Secured Debt | Participation Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 120,000 |
Other secured borrowings |  | 0 | 17,304
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 0 |
Available borrowing capacity |  | 76,497 |
Other secured borrowings |  | 13,503 | 0
Secured Debt | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity |  | 1,000 |
Other secured borrowings |  | 0 | 0
Secured Debt | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 0 |
Available borrowing capacity |  | 48,211 |
Other secured borrowings |  | 1,789 | 10,780
Secured Debt | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 19,904 |
Available borrowing capacity |  | 0 |
Other secured borrowings |  | 80,096 | 0
Secured Debt | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 100,000 |
Available borrowing capacity |  | 0 |
Other secured borrowings |  | 0 | 0
Secured Debt | Agency Mortgage Servicing Rights Financing Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 0 |
Available borrowing capacity |  | 136,071 |
Other secured borrowings |  | 113,929 | 147,706
Secured Debt | Ginnie Mae Mortgage Servicing Rights Financing Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 74,947 |
Available borrowing capacity |  | 0 |
Long-term debt |  | 52,553 | 72,320
Secured Debt | Ocwen Excess Spread-Collateralized Notes, Series 2019-PLS1 Class A |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 0 |
Available borrowing capacity |  | 0 |
Long-term debt |  | 74,021 | 94,395
Secured Debt | OASIS Series 2014-1 |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 0 |
Available borrowing capacity |  | 0 |
Long-term debt |  | 50,168 | 57,594
Secured Debt | Total Servicing Lines of Credit |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 435,607 |
Available borrowing capacity |  | 270,648 |
Short term and long term debt |  | $ 922,434 | 1,030,306
Secured Debt | London Interbank Offered Rate (LIBOR) | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Interest rate at index floor rate |  | 0.00% |
Secured Debt | London Interbank Offered Rate (LIBOR) | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 1.80% |
Interest rate at index floor rate |  | 0.35% |
Secured Debt | London Interbank Offered Rate (LIBOR) | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 2.50% |
Secured Debt | London Interbank Offered Rate (LIBOR) | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Interest rate at index floor rate |  | 5.25% |
Secured Debt | London Interbank Offered Rate (LIBOR) | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Interest rate at index floor rate |  | 3.50% |
Secured Debt | London Interbank Offered Rate (LIBOR) | Ginnie Mae Mortgage Servicing Rights Financing Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate | 3.95% | 7.00% |
Secured Debt | Eurodollar | Senior Secured Term Loan |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 6.00% |
Interest rate at index floor rate |  | 1.00% |
Secured Debt | Minimum | London Interbank Offered Rate (LIBOR) | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 2.50% |
Secured Debt | Minimum | London Interbank Offered Rate (LIBOR) | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 2.25% |
Secured Debt | Minimum | London Interbank Offered Rate (LIBOR) | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 3.50% |
Secured Debt | Minimum | London Interbank Offered Rate (LIBOR) | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 2.50% |
Secured Debt | Maximum | London Interbank Offered Rate (LIBOR) | Mortgage Warehouse Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 3.50% |
Secured Debt | Maximum | London Interbank Offered Rate (LIBOR) | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 2.75% |
Warehouse Agreement Borrowings |  |  |
Line of Credit Facility [Line Items] |  |  |
Available borrowing capacity |  | $ 34,100 |
Warehouse Agreement Borrowings | Secured Debt |  |  |
Line of Credit Facility [Line Items] |  |  |
Uncommitted available borrowing capacity |  | 360,660 |
Available borrowing capacity |  | 134,577 |
Other secured borrowings |  | $ 441,763 | $ 332,225
Warehouse Agreement Borrowings | Secured Debt | London Interbank Offered Rate (LIBOR) | Agency Mortgage Servicing Rights Financing Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 4.50% |
Warehouse Agreement Borrowings | Secured Debt | London Interbank Offered Rate (LIBOR) | Ginnie Mae Mortgage Servicing Rights Financing Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 3.95% |
Warehouse Agreement Borrowings | Secured Debt | London Interbank Offered Rate (LIBOR) | Ocwen Excess Spread-Collateralized Notes, Series 2019-PLS1 Class A |  |  |
Line of Credit Facility [Line Items] |  |  |
Interest rate (as a percent) |  | 5.07% |
Warehouse Agreement Borrowings | Secured Debt | Eurodollar |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 3.50% |
Warehouse Agreement Borrowings | Secured Debt | Minimum | London Interbank Offered Rate (LIBOR) | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 2.20% |
Warehouse Agreement Borrowings | Secured Debt | Maximum | London Interbank Offered Rate (LIBOR) | Master Repurchase Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  | 3.75% |

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