XML 79 R65.htm IDEA: XBRL DOCUMENT
v3.22.2

Loans Held for Sale - Schedule of Loans Held for Sale at Lower Cost or Fair Value, Activity (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021
Movement In Loans Held For Sale At Fair Value [Roll Forward] |  |  |  |
Beginning balance - before Valuation Allowance | $ 13,347 | $ 22,471 | $ 15,365 | $ 27,652
Proceeds from sales | (4,824) | (1,827) | (5,160) | (6,667)
Principal collections | (393) | 0 | (621) | (214)
Receivables, net | (89) | (492) | (1,192) | (716)
REO (Other assets) | 0 | (72) | (358) | (545)
Gain on sale of loans | 0 | 125 | 4 | 514
Other | 97 | 73 | 100 | 254
Ending balance - before Valuation Allowance | 8,138 | 20,278 | 8,138 | 20,278
Ending balance, net | 4,325 | 15,154 | 4,325 | 15,154
Valuation Allowance for Loans Held for Sale |  |  |  |
Movement In Loans Held For Sale At Fair Value [Roll Forward] |  |  |  |
Beginning balance - Valuation Allowance | (4,320) | (5,462) | (4,372) | (6,180)
(Provision for) reversal of valuation allowance | 109 | 277 | 38 | 980
Transfer to Liability for indemnification obligations (Other liabilities) | 398 | 61 | 521 | 76
Ending balance - Valuation Allowance | $ (3,813) | $ (5,124) | $ (3,813) | $ (5,124)

X
- Definition Gain (loss) on sale of mortgage loans held-for-sale, at lower cost or fair value. + References No definition available. + Details
Name: | ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Loans held for sale at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_LoansHeldForSaleAtLowerOfCostOrFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Loans held for sale at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | ocn_MovementInLoansHeldForSaleAtFairValueRollForward
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Other adjustments to mortgage loans held-for-sale, at lower cost or fair value. + References No definition available. + Details
Name: | ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Proceeds from principal payments on mortgage loans held-for-sale, at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Proceeds from sale of mortgage loans held-for-sale, at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Transfers to accounts receivable from mortgage loans held-for-sale, at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Transfers to real estate owned from mortgage loans held-for-sale, at lower of cost or fair value. + References No definition available. + Details
Name: | ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of allowance for credit loss on financing receivable, classified as noncurrent. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5074-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_AllowanceForNotesAndLoansReceivableNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of increase (decrease) in valuation and qualifying accounts and reserves from adjustment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24092-122690 + Details
Name: | us-gaap_ValuationAllowancesAndReservesAdjustments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of increase in valuation and qualifying accounts and reserves from charge to accounts other than cost and expense. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09(Column C)(2)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24092-122690 + Details
Name: | us-gaap_ValuationAllowancesAndReservesChargedToOtherAccounts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=ocn_ValuationAllowanceforLoansHeldforSaleMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |