XML 87 R73.htm IDEA: XBRL DOCUMENT
v3.22.2

Mortgage Servicing - Schedule of Composition of Servicing UPB (Details) - USD ($) $ in Thousands | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2021 | Jun. 30, 2021 | Mar. 31, 2021 | Dec. 31, 2020
--- | --- | --- | --- | --- | --- | ---
Servicing Assets at Fair Value [Line Items] |  |  |  |  |  |
MSRs, at fair value | $ 2,485,679 | $ 2,323,281 | $ 2,250,147 | $ 2,072,518 | $ 1,400,217 | $ 1,294,817
Assets serviced | 194,476,551 |  | 205,591,547 | 207,921,411 |  |
UPB of loans transferred | 30,276,506 |  | 31,864,769 |  |  |
Owned MSRs |  |  |  |  |  |
Servicing Assets at Fair Value [Line Items] |  |  |  |  |  |
MSRs, at fair value | 1,552,622 |  | 1,422,546 | 1,536,947 |  |
Assets serviced | 116,260,079 |  | 127,919,800 | 148,882,743 |  |
NRZ transferred MSRs |  |  |  |  |  |
Servicing Assets at Fair Value [Line Items] |  |  |  |  |  |
MSRs, at fair value | 550,808 |  | 558,940 | 535,571 |  |
Assets serviced | 49,730,000 |  | 53,652,843 | 59,038,668 |  |
NRZ transferred MSRs | NRZ |  |  |  |  |  |
Servicing Assets at Fair Value [Line Items] |  |  |  |  |  |
UPB of rights to MSRs sold | 38,400,000 |  |  |  |  |
MAV Transferred MSRs |  |  |  |  |  |
Servicing Assets at Fair Value [Line Items] |  |  |  |  |  |
MSRs, at fair value | 382,249 |  | 268,661 | 0 |  |
Assets serviced | 28,486,472 |  | $ 24,018,904 | $ 0 |  |
MAV Transferred MSRs | MSR Asset Vehicle LLC |  |  |  |  |  |
Servicing Assets at Fair Value [Line Items] |  |  |  |  |  |
UPB of rights to MSRs sold | 5,900,000 |  |  |  |  |
Mortgage Servicing Rights Title Retained | NRZ |  |  |  |  |  |
Servicing Assets at Fair Value [Line Items] |  |  |  |  |  |
UPB of loans transferred | $ 11,300,000 |  |  |  |  |

X
- Definition Total of property assets serviced as measured by UPB. + References No definition available. + Details
Name: | ocn_AssetsServiced
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Unpaid principal balance of forward loans transferred with servicing rights retained. + References No definition available. + Details
Name: | ocn_UnpaidPrincipalBalanceOfLoansTransferred
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of contractual principal due at origination of mortgage loan within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Paragraph Column F -Subsection 29 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Column F)) -URI http://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014 + Details
Name: | srt_MortgageLoansOnRealEstateFaceAmountOfMortgages
Namespace Prefix: | srt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 45 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6469459&loc=d3e122501-111745 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6469459&loc=d3e122492-111745 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=125521744&loc=d3e122625-111746 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 45 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6469459&loc=d3e122501-111745 + Details
Name: | us-gaap_ServicingAssetAtFairValueAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ServicingAssetsAtFairValueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=ocn_OwnedMortgageServicingRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=ocn_NRZTransferredMortgageServicingRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=ocn_NewResidentialInvestmentCorpMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=ocn_MAVTransferredMortgageServicingRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=ocn_MSRAssetVehicleLLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=ocn_MortgageServicingRightsTitleRetainedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |