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  <xs:element id="ocn_IncreaseDecreaseInValuationOfFinancingLiability" abstract="false" name="IncreaseDecreaseInValuationOfFinancingLiability" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_NumberOfStatesChargingWithRegulatoryAction" abstract="false" name="NumberOfStatesChargingWithRegulatoryAction" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ocn_OutstandingServicingAdvances" abstract="false" name="OutstandingServicingAdvances" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue" abstract="false" name="TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_RepurchaseObligationOfLoansHeldForSaleAtLowerOfCostOrFairValue" abstract="false" name="RepurchaseObligationOfLoansHeldForSaleAtLowerOfCostOrFairValue" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_IncrementalCommonSharesAttributableToCommonStockAwards" abstract="false" name="IncrementalCommonSharesAttributableToCommonStockAwards" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ocn_A5YearSwapRateMember" abstract="true" name="A5YearSwapRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_LoansHeldForInvestmentReverseMortgagesCumulativeEffectOfFairValueElection" abstract="false" name="LoansHeldForInvestmentReverseMortgagesCumulativeEffectOfFairValueElection" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ScheduleofFinancingLiabilitiesTableTextBlock" abstract="false" name="ScheduleofFinancingLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_LoansHeldForInvestmentReverseMortgagesFairValueChanges" abstract="false" name="LoansHeldForInvestmentReverseMortgagesFairValueChanges" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_FinancingLiabilitiesMember" abstract="true" name="FinancingLiabilitiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_RunoffSettlementsAndOtherFinancingLiability" abstract="false" name="RunoffSettlementsAndOtherFinancingLiability" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ResidentialMortgageBackedSecuritizationTrustsMember" abstract="true" name="ResidentialMortgageBackedSecuritizationTrustsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_TransferOfPortfolioLoansToHeldForSaleAtLowerOfCostOrFairValue" abstract="false" name="TransferOfPortfolioLoansToHeldForSaleAtLowerOfCostOrFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_DebtInstrumentRedemptionPeriodNotice" abstract="false" name="DebtInstrumentRedemptionPeriodNotice" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ocn_SecuritizationsAndVariableInterestEntitiesTextBlock" abstract="false" name="SecuritizationsAndVariableInterestEntitiesTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue" abstract="false" name="AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue" abstract="false" name="TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans" abstract="false" name="LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_AdvanceReimbursementPeriod" abstract="false" name="AdvanceReimbursementPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance" abstract="false" name="DebtInstrumentBasisSpreadonUnpaidPrincipalBalance" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="num:percentItemType"/>
  <xs:element id="ocn_MasterRepurchaseAgreementSixMember" abstract="true" name="MasterRepurchaseAgreementSixMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_AdvancesPaymentsOnBehalfOfBorrower" abstract="false" name="AdvancesPaymentsOnBehalfOfBorrower" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_MasterRepurchaseAgreementFourMember" abstract="true" name="MasterRepurchaseAgreementFourMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_PaymentsToAcquireAdvancesInConnectionWithMortgageServicingRights" abstract="false" name="PaymentsToAcquireAdvancesInConnectionWithMortgageServicingRights" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_MasterRepurchaseAgreementFiveMember" abstract="true" name="MasterRepurchaseAgreementFiveMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_PledgedAdvanceRemittancePeriod" abstract="false" name="PledgedAdvanceRemittancePeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ocn_CommonStockSharesOutstandingBeforeStockSplit" abstract="false" name="CommonStockSharesOutstandingBeforeStockSplit" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ocn_BorrowingsAvailableOnCommittedBasis" abstract="false" name="BorrowingsAvailableOnCommittedBasis" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ScheduleOfMortgageServicingRightsAssetsAndLiabilitiesTableTextBlock" abstract="false" name="ScheduleOfMortgageServicingRightsAssetsAndLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_IndemnificationObligationsLiabilityRollForward" abstract="true" name="IndemnificationObligationsLiabilityRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_AdvancesPaymentsOnBehalfOfBorrowerIncrease" abstract="false" name="AdvancesPaymentsOnBehalfOfBorrowerIncrease" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ChecksHeldForEscheat" abstract="false" name="ChecksHeldForEscheat" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ServicingReceivableOther" abstract="false" name="ServicingReceivableOther" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ScheduleOfActivityRelatedToRightsToMortgageServicingRightsTableTextBlock" abstract="false" name="ScheduleOfActivityRelatedToRightsToMortgageServicingRightsTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_LoansHeldforInvestmentSecuritizationTrustsMember" abstract="true" name="LoansHeldforInvestmentSecuritizationTrustsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_BankServicingFeesRetained" abstract="false" name="BankServicingFeesRetained" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_AdvancesOnBehalfofBorrowersLineItems" abstract="true" name="AdvancesOnBehalfofBorrowersLineItems" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_ScheduleofCarryingValueofAssetsandLiabilitiesofConsolidatedMortgagebackedSecuritizationTrustsTableTextBlock" abstract="false" name="ScheduleofCarryingValueofAssetsandLiabilitiesofConsolidatedMortgagebackedSecuritizationTrustsTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_TermtoAdvancePrincipalandInterestuntilLoanisDelinquent" abstract="false" name="TermtoAdvancePrincipalandInterestuntilLoanisDelinquent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" abstract="false" name="LoansHeldForSaleAtLowerCostFairValueDisclosure" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_MortgageWarehouseAgreementThreeMember" abstract="true" name="MortgageWarehouseAgreementThreeMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_OtherIncomeExpenseAbstract0" abstract="true" name="OtherIncomeExpenseAbstract0" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_MortgageServicingRightsAxis" abstract="true" name="MortgageServicingRightsAxis" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:dimensionItem" type="xbrli:stringItemType"/>
  <xs:element id="ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance" abstract="false" name="AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_MortgageWarehouseAgreementFourMember" abstract="true" name="MortgageWarehouseAgreementFourMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance" abstract="false" name="WarrantyRepurchaseDemandsUnpaidPrincipalBalance" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_OtherInterestExpenseMember" abstract="true" name="OtherInterestExpenseMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock" abstract="false" name="ScheduleOfLoansServicedByPropertyTypeTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" abstract="false" name="ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_ReductioninFinancingLiabilityandInterestExpense" abstract="false" name="ReductioninFinancingLiabilityandInterestExpense" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_MovementInLoansHeldForSaleAtFairValueRollForward" abstract="true" name="MovementInLoansHeldForSaleAtFairValueRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_ParticipationAgreementTwoMember" abstract="true" name="ParticipationAgreementTwoMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock" abstract="false" name="ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_MaximumExposureToLoss" abstract="false" name="MaximumExposureToLoss" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_SeriesTwoThousandTwentyTermOneNotesMember" abstract="true" name="SeriesTwoThousandTwentyTermOneNotesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" abstract="false" name="LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ProvisionForRepresentationAndWarrantyObligations" abstract="false" name="ProvisionForRepresentationAndWarrantyObligations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_NumberOfLoansDeboardedFromServicingPortfolio" abstract="false" name="NumberOfLoansDeboardedFromServicingPortfolio" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ocn_TransferOfPortfolioLoansToRealEstateOwned" abstract="false" name="TransferOfPortfolioLoansToRealEstateOwned" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_FairValueAgencyMortgageServicingRightsMember" abstract="true" name="FairValueAgencyMortgageServicingRightsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_FinancialLiabilitiesAbstract" abstract="true" name="FinancialLiabilitiesAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_ScheduleofOtherLiabilitiesTableTextBlock" abstract="false" name="ScheduleofOtherLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_AdditionalBorrowingCapacityToBorrowers" abstract="false" name="AdditionalBorrowingCapacityToBorrowers" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_AdvancesPaymentsOnBehalfofBorrowersCollectionOfAdvancesDecrease" abstract="false" name="AdvancesPaymentsOnBehalfofBorrowersCollectionOfAdvancesDecrease" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_FinancingLiabilityAtFairValue" abstract="false" name="FinancingLiabilityAtFairValue" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ValuationAllowanceforLoansHeldforSaleMember" abstract="true" name="ValuationAllowanceforLoansHeldforSaleMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_MortgageWarehouseAgreementMember" abstract="true" name="MortgageWarehouseAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_SaleAndTransfersOfMortgageServicingRightsMember" abstract="true" name="SaleAndTransfersOfMortgageServicingRightsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances" abstract="false" name="AmountDueOnSalesOfMortgageServicingRightsAndAdvances" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_AdvancesPaymentsOnBehalfOfBorrowerGross" abstract="false" name="AdvancesPaymentsOnBehalfOfBorrowerGross" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock" abstract="false" name="LoansHeldForSaleCarriedAtFairValueTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_SeriesTwoThousandNineteenTermTwoNotesMember" abstract="true" name="SeriesTwoThousandNineteenTermTwoNotesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_GainOnValuationOfFinancingLiability" abstract="false" name="GainOnValuationOfFinancingLiability" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_GSELoansMember" abstract="true" name="GSELoansMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_LoansHeldForInvestmentReverseMortgagesSecuritizedLoans" abstract="false" name="LoansHeldForInvestmentReverseMortgagesSecuritizedLoans" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_RepurchasedGinnieMaeLoansMember" abstract="true" name="RepurchasedGinnieMaeLoansMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" abstract="false" name="IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ResultsOfOperationsAbstract" abstract="true" name="ResultsOfOperationsAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_FeeandCommissionsReverseMortgageBanking" abstract="false" name="FeeandCommissionsReverseMortgageBanking" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_MortgageServicingRightsTitleRetainedMember" abstract="true" name="MortgageServicingRightsTitleRetainedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_FairValueNonAgencyMortgageServicingRightsMember" abstract="true" name="FairValueNonAgencyMortgageServicingRightsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_IndemnificationObligationsLiability" abstract="false" name="IndemnificationObligationsLiability" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_LoansHeldForSaleAtFairValueAbstract" abstract="true" name="LoansHeldForSaleAtFairValueAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_IndemnificationObligationsLiabilityChargeOffs" abstract="false" name="IndemnificationObligationsLiabilityChargeOffs" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_AmountOfMaximumClaimAmountRepurchases" abstract="false" name="AmountOfMaximumClaimAmountRepurchases" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_LoansServicedServicing" abstract="false" name="LoansServicedServicing" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_LoanCountMember" abstract="true" name="LoanCountMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_ScheduleofActivityinAdvancesTableTextBlock" abstract="false" name="ScheduleofActivityinAdvancesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_FutureDrawCommitmentsFairValueDisclosure" abstract="false" name="FutureDrawCommitmentsFairValueDisclosure" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_InactiveMember" abstract="true" name="InactiveMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_UnpaidPrincipalBalanceOfLoansRelatedToTermination" abstract="false" name="UnpaidPrincipalBalanceOfLoansRelatedToTermination" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_LoansHeldForSaleTextBlock" abstract="false" name="LoansHeldForSaleTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_DebtInstrumentCovenantComplianceonRepurchaseofSecuritiesandPrepaymentofJuniorDebt" abstract="false" name="DebtInstrumentCovenantComplianceonRepurchaseofSecuritiesandPrepaymentofJuniorDebt" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDeconsolidationOfMortgagebackedSecuritizationTrusts" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDeconsolidationOfMortgagebackedSecuritizationTrusts" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" abstract="false" name="CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ForwardLHFSTradesMember" abstract="true" name="ForwardLHFSTradesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_GovernmentInsuredLoansClaimsMember" abstract="true" name="GovernmentInsuredLoansClaimsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales" abstract="false" name="ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract" abstract="true" name="FairValueOfDerivativeAssetsLiabilitiesAtAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" abstract="false" name="ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ScheduleOfLoansHeldForInvestmentAndHMBSRelatedBorrowingsTableTextBlock" abstract="false" name="ScheduleOfLoansHeldForInvestmentAndHMBSRelatedBorrowingsTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_CertainCohortsMember" abstract="true" name="CertainCohortsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_GainOnLoansHeldForSaleTableTextBlock" abstract="false" name="GainOnLoansHeldForSaleTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_StockRepurchasedDuringPeriodPricePerShare" abstract="false" name="StockRepurchasedDuringPeriodPricePerShare" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="num:perShareItemType"/>
  <xs:element id="ocn_RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases" abstract="false" name="RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ocn_MasterRepurchaseAgreementMember" abstract="true" name="MasterRepurchaseAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" abstract="false" name="ScheduleOfMatchFundedLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_DerivativeNotionalBalanceRollForward" abstract="true" name="DerivativeNotionalBalanceRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue" abstract="false" name="OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ServicerMember" abstract="true" name="ServicerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_UnpaidPrincipalBalanceMember" abstract="true" name="UnpaidPrincipalBalanceMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue" abstract="false" name="ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" abstract="false" name="ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_HMBSRelatedBorrowingsSecuritization" abstract="false" name="HMBSRelatedBorrowingsSecuritization" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_FinancingLiabilityMortgageServicingRightsPledgedMember" abstract="true" name="FinancingLiabilityMortgageServicingRightsPledgedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_LoansHeldForInvestmentReverseMortgagesOriginations" abstract="false" name="LoansHeldForInvestmentReverseMortgagesOriginations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ScheduleofReclassificationsofPriorPeriodAmountstoConfirmwithCurrentPeriodPresentationTableTextBlock" abstract="false" name="ScheduleofReclassificationsofPriorPeriodAmountstoConfirmwithCurrentPeriodPresentationTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_HMBSRelatedBorrowingsMember" abstract="true" name="HMBSRelatedBorrowingsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_SoldAdvancesMember" abstract="true" name="SoldAdvancesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_TotalAssetsAbstract" abstract="true" name="TotalAssetsAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_CarryingValueAndClassificationOfAssetsAndLiabilitiesOfPLSNotesFacilityTableTextBlock" abstract="false" name="CarryingValueAndClassificationOfAssetsAndLiabilitiesOfPLSNotesFacilityTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_ShortTermCommitmentsToLend" abstract="false" name="ShortTermCommitmentsToLend" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_OcwenSubservicerMember" abstract="true" name="OcwenSubservicerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_NRZPMCSubservicingAgreementSubjectToTerminationMember" abstract="true" name="NRZPMCSubservicingAgreementSubjectToTerminationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_IndyMacMortgageLoanTrustMember" abstract="true" name="IndyMacMortgageLoanTrustMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_AveragePeriodtoSecuritization" abstract="false" name="AveragePeriodtoSecuritization" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ocn_LoansHeldforInvestmentReverseMortgagesMember" abstract="true" name="LoansHeldforInvestmentReverseMortgagesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired" abstract="false" name="UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases" abstract="false" name="TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ocn_LinesOfCreditAndOtherSecuredBorrowingsMember" abstract="true" name="LinesOfCreditAndOtherSecuredBorrowingsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" abstract="false" name="ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue" abstract="false" name="RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ProceedsFromSaleOfFinanceReceivablesAccountedForAsFinancing" abstract="false" name="ProceedsFromSaleOfFinanceReceivablesAccountedForAsFinancing" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_FinancingReceivableAllowanceForCreditLossWriteoffsAndOther" abstract="false" name="FinancingReceivableAllowanceForCreditLossWriteoffsAndOther" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_MortgageServicingRightsDomain" abstract="true" name="MortgageServicingRightsDomain" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_FinancialAssetsAbstract" abstract="true" name="FinancialAssetsAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_ServicingAgreementsNoticeOfTermination" abstract="false" name="ServicingAgreementsNoticeOfTermination" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ocn_CarryingValueAndClassificationOfAssetsAndLiabilitiesOfAgencyMSRFinancingFacilityTableTextBlock" abstract="false" name="CarryingValueAndClassificationOfAssetsAndLiabilitiesOfAgencyMSRFinancingFacilityTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="ocn_ServicingFeeCollectedOnBehalfOfCounterparty" abstract="false" name="ServicingFeeCollectedOnBehalfOfCounterparty" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue" abstract="false" name="LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal" abstract="false" name="ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_OcwenFreddieAdvanceFundingMember" abstract="true" name="OcwenFreddieAdvanceFundingMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_FinancingLiabilityCalls" abstract="false" name="FinancingLiabilityCalls" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_TBAForwardMortgageBackedSecuritiesTrades" abstract="false" name="TBAForwardMortgageBackedSecuritiesTrades" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_CounterPartyReceivables" abstract="false" name="CounterPartyReceivables" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_DebtServiceAccounts" abstract="false" name="DebtServiceAccounts" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue" abstract="false" name="PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="num:percentItemType"/>
  <xs:element id="ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure" abstract="false" name="AdvancesAndMatchFundedAdvancesFairValueDisclosure" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_AdvancesRollForward" abstract="true" name="AdvancesRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue" abstract="false" name="HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_AdditionsToHomeEquityConversionMortgageBackedSecurityRepurchases" abstract="false" name="AdditionsToHomeEquityConversionMortgageBackedSecurityRepurchases" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ocn_NumberOfStatesWhoArePartOfConfidentialSupervisoryMemorandumOfUnderstanding" abstract="false" name="NumberOfStatesWhoArePartOfConfidentialSupervisoryMemorandumOfUnderstanding" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ocn_OASISSeries20141Member" abstract="true" name="OASISSeries20141Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="ocn_ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition" abstract="false" name="ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_FinancingLiabilitiesAbstract" abstract="true" name="FinancingLiabilitiesAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ocn_OtherReceivablesNet" abstract="false" name="OtherReceivablesNet" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_OtherReceivablesAllowanceForLosses" abstract="false" name="OtherReceivablesAllowanceForLosses" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ocn_ChangeInFairValueOfMortgageLoansHeldForSale" abstract="false" name="ChangeInFairValueOfMortgageLoansHeldForSale" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
</xs:schema>
