XML 103 R81.htm IDEA: XBRL DOCUMENT
v3.20.2

Mortgage Servicing - Schedule of Components of Servicing and Subservicing Fees (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2020 | Sep. 30, 2019 | Sep. 30, 2020 | Sep. 30, 2019
Transfers and Servicing [Abstract] |  |  |  |
Servicing | $ 53,410 | $ 61,485 | $ 161,154 | $ 170,054
Subservicing | 10,324 | 1,365 | 26,143 | 11,775
NRZ | 91,015 | 146,567 | 299,089 | 443,505
Servicing and Subservicing fees, total | 154,749 | 209,417 | 486,386 | 625,334
Late charges | 11,012 | 14,105 | 38,323 | 42,786
Custodial accounts (float earnings) | 1,057 | 13,464 | 8,787 | 38,739
Loan collection fees | 3,047 | 3,862 | 10,048 | 11,613
Home Affordable Modification Program (HAMP) fees | 104 | 1,216 | 532 | 4,558
Other, net | 11,753 | 6,453 | 24,369 | 22,063
Ancillary income | 26,973 | 39,100 | 82,059 | 119,759
Servicing and subservicing fees | $ 181,722 | $ 248,517 | $ 568,445 | $ 745,093

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 This represents the amount of the fee earned, generally expressed as a percent of UPB, from the borrowers’ payments. Also includes late fees, prepayment penalties, float earnings and other ancillary fees. + References No definition available. + Details
Name: | ocn_ServicingAndSubservicingFees
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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116651436&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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116651436&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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116651436&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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116651436&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