XML 24 R2.htm IDEA: XBRL DOCUMENT v3.20.2
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 321,455 $ 428,339
Restricted cash (amounts related to variable interest entities (VIEs) of $13,108 and $20,434) 61,511 64,001
Mortgage servicing rights (MSRs), at fair value 1,069,013 1,486,395
Advances, net (amounts related to VIEs of $660,816 and $801,990) 832,604 1,056,523
Loans held for sale ($366,966 and $208,752 carried at fair value) 390,631 275,269
Loans held for investment, at fair value (amounts related to VIEs of $11,012 and $23,342) 6,860,942 6,292,938
Receivables, net 201,607 201,220
Premises and equipment, net 23,620 38,274
Other assets ($25,204 and $8,524 carried at fair value) (amounts related to VIEs of $7,584 and $4,078) 662,468 563,240
Total assets 10,423,851 10,406,199
Liabilities    
Home Equity Conversion Mortgage-Backed Securities (HMBS) related borrowings, at fair value 6,606,543 6,063,435
Advance match funded liabilities (related to VIEs) 580,078 679,109
Other financing liabilities, at fair value (amounts related to VIEs of $11,012 and $22,002) 588,321 972,595
Other secured borrowings, net (amounts related to VIEs $186,986 and $240,893) 915,292 1,025,791
Senior notes, net 311,689 311,085
Other liabilities ($1,671 and $100 carried at fair value) (amounts related to VIEs of $93 and $144) 997,461 942,173
Total liabilities 9,999,384 9,994,188
Commitments and Contingencies (Notes 21 and 22)
Ocwen Financial Corporation (Ocwen) stockholders’ equity    
Common stock, $.01 par value; 13,333,333 shares authorized; 8,672,272 and 8,990,816 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 87 90
Additional paid-in capital 556,176 558,057
Accumulated deficit (124,459) (138,542)
Accumulated other comprehensive loss, net of income taxes (7,337) (7,594)
Total stockholders’ equity 424,467 412,011
Total liabilities and stockholders’ equity $ 10,423,851 $ 10,406,199