XML 118 R108.htm IDEA: XBRL DOCUMENT v3.22.2.2

Contingencies - Schedule of Indemnification Obligations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Indemnification Obligations Liability [Roll Forward]
Beginning balance			$ 49,430	$ 40,374
Provision (reversal) for representation and warranty obligations			1,800	1,483
New production liability			2,299	3,227
Charge-offs and other			(2,730)	(2,530)
Ending balance	$ 50,798	$ 42,554	50,798	42,554
Servicing and subservicing fees	$ 215,562	$ 206,585	$ 643,316	$ 562,764

X

- Definition

Represents amount of charge-offs against indemnification obligations liability.

+ References

No definition available.

+ Details

Name:	ocn_IndemnificationObligationsLiabilityChargeOffs
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Represents addition of indemnification obligations reserves for new loan production during the period.

+ References

No definition available.

+ Details

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

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_IndemnificationObligationsLiabilityRollForward
Namespace Prefix:	ocn_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents provision for representation and warranty obligations.

+ References

No definition available.

+ Details

Name:	ocn_ProvisionForRepresentationAndWarrantyObligations
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

This represents the outstanding obligation of repurchase the loans, or otherwise indemnify or reimburse the investor or insurer for losses incurred due to material breach of contractual representation and warranties.

+ References

No definition available.

+ Details

Name:	ocn_RepresentationWarrantyAndCompensatoryFeesObligations
Namespace Prefix:	ocn_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

This represents the amount of the fee earned, generally expressed as a percent of UPB, from the borrowers’ payments. Also includes late fees, prepayment penalties, float earnings and other ancillary fees.

+ References

No definition available.

+ Details

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