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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue      
Servicing and subservicing fees $ 862.6 $ 781.9 $ 737.3
Gain on reverse loans held for investment and HMBS-related borrowings, net 36.1 79.7 60.7
Gain on loans held for sale, net 22.0 145.8 137.2
Other revenue, net 33.2 42.7 25.6
Total revenue 953.9 1,050.1 960.9
MSR valuation adjustments, net (10.4) (98.5) (135.2)
Operating expenses      
Compensation and benefits 289.4 297.9 265.3
Servicing and origination 64.9 113.6 77.3
Professional services 49.3 81.9 106.9
Technology and communications 57.9 56.0 59.6
Occupancy and equipment 41.8 36.5 47.5
Other expenses 29.1 23.3 19.2
Total operating expenses 532.4 609.3 575.7
Other income (expense)      
Interest income 45.6 26.4 16.0
Interest expense ($42.1, $31.7 and $0.0 due to related parties) (186.0) (144.0) (109.4)
Pledged MSR liability expense ($59.2, $16.6 and $— due to related party) (255.0) (221.3) (269.1)
Gain (loss) on extinguishment of debt 0.9 (15.5) 0.0
Earnings of equity method investee 18.5 3.6 0.0
Other, net (10.2) 4.1 6.7
Total other income (expense), net (386.2) (346.7) (355.7)
Income (loss) before income taxes 24.9 (4.4) (105.7)
Income tax benefit (0.8) (22.4) (65.5)
Net income (loss) $ 25.7 $ 18.1 $ (40.2)
Earnings (loss) per share attributable to Ocwen stockholders - Basic and Diluted      
Basic $ 2.97 $ 2.00 $ (4.59)
Diluted $ 2.85 $ 1.93 $ (4.59)
Weighted average common shares outstanding      
Basic (in shares) 8,647,399 9,021,975 8,748,725
Diluted (in shares) 8,997,306 9,382,467 8,748,725