XML 87 R65.htm IDEA: XBRL DOCUMENT v3.20.4
Business Acquisition - Narrative (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended 15 Months Ended
Oct. 04, 2018
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Aug. 13, 2020
Business Acquisition [Line Items]                            
Aggregate consideration paid                   $ 0 $ 0 $ 358,396    
Cash paid by PHH to former holders of common stock                   0 0 325,000    
Cash consideration paid by Ocwen to former holders of PHH common stock $ 33,400                 $ 0 $ 0 33,396    
Common stock, shares, outstanding   8,687,750       8,990,816       8,687,750 8,990,816   8,990,816 8,672,272
Common stock, par value per share   $ 0.01       $ 0.01       $ 0.01 $ 0.01   $ 0.01  
Bargain purchase gain                   $ 0 $ (381) 64,036    
Acquisition related costs                       13,700    
Servicing Asset at Fair Value, Amount   $ 20,553 $ 33,814 $ 23,434 $ 174,120 $ (829) $ (134,561) $ 147,268 $ 108,998 251,921 120,876 153,457    
Revenue   231,011 249,035 227,024 253,842 261,634 283,515 274,338 303,888 960,912 1,123,375 1,063,045    
Servicing and subservicing fees                   737,320 975,507 937,083    
Income tax expense (benefit)   $ 6,414 $ (1,954) $ (8,110) $ (61,856) $ 2,370 $ 4,450 $ 5,404 $ 3,410 $ (65,506) $ 15,634 529    
PHH Corporation                            
Business Acquisition [Line Items]                            
Aggregate consideration paid 358,400                          
Cash paid by PHH to former holders of common stock $ 325,000                          
Common stock, shares, outstanding 32,581,485                          
Common stock, par value per share $ 0.01                          
Cash per share paid to former holders of common stock $ 11.00                          
Bargain purchase gain $ 64,000                       $ 63,700  
Acquisition related costs                         $ 18,500  
Mortgage Servicing Rights Sold Accounted for as Secured Borrowings | PHH Corporation                            
Business Acquisition [Line Items]                            
Revenue                       120,600    
Servicing and subservicing fees                       127,700    
Base Erosion and Anti-Abuse Tax | PHH Corporation                            
Business Acquisition [Line Items]                            
Income tax expense (benefit)                       300    
Fair Value Adjustments in Connection with Acquisition | PHH Corporation                            
Business Acquisition [Line Items]                            
Servicing Asset at Fair Value, Amount                       24,400    
Interest expense                       30,600    
Fair Value Adjustments in Connection with Acquisition | Financing Liability - MSRs Pledged | PHH Corporation                            
Business Acquisition [Line Items]                            
Interest expense                       $ 31,400    
Software Development | PHH Corporation                            
Business Acquisition [Line Items]                            
Estimated useful life                       3 years