XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.23.2

Interest Expense | 6 Months Ended
--- | ---
Jun. 30, 2023
Other Income and Expenses [Abstract] |
Interest Expense |
Note 15 – Interest Expense
| Three Months Ended June 30, |  | Six Months Ended June 30,
2023 |  | 2022 |  | 2023 |  | 2022
MSR financing facilities | $ | 17.8 |  |  | $ | 8.6 |  |  | $ | 35.3 |  |  | $ | 16.4 |
Mortgage loan financing facilities | 19.8 |  |  | 6.7 |  |  | 33.4 |  |  | 13.8 |
OFC Senior Secured Notes (1) | 10.9 |  |  | 10.5 |  |  | 21.7 |  |  | 20.9 |
Advance match funded liabilities | 10.4 |  |  | 2.8 |  |  | 21.1 |  |  | 5.5 |
PMC Senior Secured Notes | 7.8 |  |  | 8.1 |  |  | 15.5 |  |  | 16.3 |
Escrow | 1.6 |  |  | 1.2 |  |  | 3.5 |  |  | 2.9 |
| $ | 68.3 |  |  | $ | 37.9 |  |  | $ | 130.5 |  |  | $ | 75.7 |
(1)Notes issued to Oaktree affiliates, inclusive of amortization of debt issuance costs and discount of $2.4 million and $4.7 million during the three and six months ended June 30, 2023, respectively, and $2.0 million and $3.9 million for the three and six months ended June 30, 2022, respectively.

X
- Definition The disclosure of the cost of all borrowed funds accounted for as interest expense that was charged against earnings during the period, by category of interest-bearing liabilities. + References No definition available. + Details
Name: | ocn_InterestExpenseTextBlock
Namespace Prefix: | ocn_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration