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Other Financing Liabilities (Tables) | 3 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Financing Liabilities | The following tables presents transferred MSR liabilities recorded in connection with MSR sales and transfers that do not qualify for sale accounting and liabilities of consolidated mortgage-backed securitization trusts.
|  |  |  |  |  | Outstanding Balance
Borrowing Type |  | Collateral |  | Maturity |  | March 31, 2022 |  | December 31, 2021
Original Rights to MSRs Agreements, at fair value - NRZ (1) |  | MSRs |  | (1) |  | $ | 545,306 |  |  | $ | 558,940 |
Pledged MSR liability, at fair value - MAV (1) |  | MSRs |  | (1) |  | 319,009 |  |  | 238,144 |
|  |  |  |  |  | 864,315 |  |  | 797,084 |
Financing liability - Owed to securitization investors, at fair value: |  |  |  |  |  |  |  |
Residential Asset Securitization Trust 2003-A11 (RAST 2003-A11) (2) |  | Loans held for investment |  | Oct. 2033 |  | 7,721 |  |  | 7,879 |
Total Other financing liabilities, at fair value |  |  |  |  |  | $ | 872,036 |  |  | $ | 804,963 |
(1)See Note 8 — MSR Transfers Not Qualifying for Sale Accounting for additional information. (2)Consists of securitization debt certificates due to third parties that represent beneficial interests in trusts that we include in our unaudited consolidated financial statements. Holders of the debt issued by the consolidated securitization trust entities have recourse only to the assets of the SPE for satisfaction of the debt and have no recourse against the assets of Ocwen. Similarly, the general creditors of Ocwen have no claim on the assets of the trusts. The certificates in the trust pay interest based on fixed rates ranging between 4.25% and 5.75% and a variable rate based on 1ML plus applicable margin, and include principal-only certificates that are not entitled to receive distributions of interest. The maturity of the certificates occurs upon maturity of the loans held by the trust.

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