XML 97 R83.htm IDEA: XBRL DOCUMENT v3.22.2

Investment in Equity Method Investee and Related Party Transactions (Narrative) (Details) $ in Thousands		3 Months Ended		6 Months Ended
	May 03, 2021 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 21, 2020 USD ($)
Schedule of Equity Method Investments [Line Items]
Investment in equity method investee						$ 250,000
Ownership percentage		15.00%		15.00%
Contribution percentage	1
Capital contributions	$ 5,000			$ 128,400
UPB of MSRs sold				$ 11,100,000	$ 13,100
MAV Canopy HoldCo I, LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage	15.00%	15.00%		15.00%		15.00%
Financing Liability - MSRs Pledged
Schedule of Equity Method Investments [Line Items]
Changes in fair value due to valuation inputs or assumptions			$ 14,100
Oaktree | MAV Canopy HoldCo I, LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage	85.00%					85.00%
MSR Asset Vehicle LLC
Schedule of Equity Method Investments [Line Items]
Unpaid principal balance of loans subserviced		$ 45,100,000		$ 45,100,000
Unpaid principal balance of loans un-boarded			$ (1,600,000)
Changes in fair value due to valuation inputs or assumptions		(15,136)		(63,796)
MSR Asset Vehicle LLC | Mortgage Servicing Rights Title Transferred
Schedule of Equity Method Investments [Line Items]
UPB of rights to MSRs sold		$ 28,500,000		28,500,000
Maximum
Schedule of Equity Method Investments [Line Items]
Management fee expense				500
Joint Marketing and Recapture Agreement
Schedule of Equity Method Investments [Line Items]
UPB of MSRs sold				191,400
Forward Bulk Servicing Rights Purchase and Sale Agreement
Schedule of Equity Method Investments [Line Items]
UPB of MSRs sold				5,100,000
Bulk Mortgage Servicing Rights Purchase and Sale Agreements
Schedule of Equity Method Investments [Line Items]
UPB of MSRs sold				$ 598,300

X

- Definition

Contributed to Partnership, Percent

+ References

No definition available.

+ Details

Name:	ocn_ContributedToPartnershipPercent
Namespace Prefix:	ocn_
Data Type:	xbrli:pureItemType
Balance Type:	na
Period Type:	instant

X

- Definition

This represents the increase (decrease) in the valuation which is realized on a transfer, accounted for as financing, of a portion of servicing assets and reflects the amount of sales proceeds in excess of the sum of the carrying amounts of transferred financial assets.

+ References

No definition available.

+ Details

Name:	ocn_IncreaseDecreaseInValuationOfFinancingLiability
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Unpaid principal balance of loans subserviced.

+ References

No definition available.

+ Details

Name:	ocn_UnpaidPrincipalBalanceOfLoansSubserviced
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Unpaid principal balance of loans un-boarded.

+ References

No definition available.

+ Details

Name:	ocn_UnpaidPrincipalBalanceOfLoansUnBoarded
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

The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

+ Details

Name:	us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=109237563&loc=d3e33749-111570

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_EquityMethodInvestments
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of expenses related to the managing member or general partner for management of the day-to-day business functions of the limited liability company (LLC) or limited partnership (LP).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

+ Details

Name:	us-gaap_ManagementFeeExpense
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Amount of decrease in 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, from sale.

+ References

Reference 1: 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(Footnote 6))
-URI http://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014

+ Details

Name:	us-gaap_MortgageLoansOnRealEstateCostOfMortgagesSold
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3213-108585

+ Details

Name:	us-gaap_PaymentsToAcquireEquityMethodInvestments
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

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_ScheduleOfEquityMethodInvestmentsLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=ocn_MAVCanopyHoldCoILLCMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByLiabilityClassAxis=ocn_FinancingLiabilityMortgageServicingRightsPledgedMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_CounterpartyNameAxis=ocn_OaktreeCapitalManagementLPAndAffiliatesMember
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_MortgageServicingRightsTitleTransferredMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RangeAxis=srt_MaximumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=ocn_JointMarketingAndRecaptureAgreementMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=ocn_ForwardBulkServicingRightsPurchaseAndSaleAgreementMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=ocn_BulkMortgageServicingRightsPurchaseAndSaleAgreementsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: