XML 108 R98.htm IDEA: XBRL DOCUMENT
v3.23.3

Regulatory Requirements - Narrative (Details) - USD ($) $ in Millions | 9 Months Ended |  |
--- | --- | --- | ---
Sep. 30, 2023 | Dec. 31, 2022 | Sep. 30, 2022
Public Utilities, General Disclosures [Line Items] |  |  |
Net worth requirement | $ 445.7 |  |
Cash and cash equivalents | 194.0 | $ 208.0 |
Assets serviced | $ 201,100.0 | 199,600.0 | $ 198,000.0
Percentage of portfolio to total forward owned servicing | 8.00% |  |
Percentage of government-insured loans UPB to total UPB serviced and sub-serviced | 6.00% |  |
Owned MSRs |  |  |
Public Utilities, General Disclosures [Line Items] |  |  |
Assets serviced | $ 119,400.0 | $ 126,200.0 | $ 123,400.0
Owned MSRs | Unpaid Principal Balance |  |  |
Public Utilities, General Disclosures [Line Items] |  |  |
Assets serviced | 16,600.0 |  |
CA DFPI |  |  |
Public Utilities, General Disclosures [Line Items] |  |  |
Litigation Settlement, Amount Awarded to Other Party | 2.5 |  |
PHH Mortgage Corporation |  |  |
Public Utilities, General Disclosures [Line Items] |  |  |
Net worth | 567.0 |  |
Restrictive liquidity requirements | 106.3 |  |
Cash and cash equivalents | $ 178.0 |  |

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 Debt Instrument, Covenant Compliance, Liquidity Requirement + References No definition available. + Details
Name: | ocn_DebtInstrumentCovenantComplianceLiquidityRequirement
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Percentage of government-insured loans UPB to total UPB serviced and sub-serviced + References No definition available. + Details
Name: | ocn_PercentageOfGovernmentInsuredLoansUPBToTotalUPBServicedAndSubServiced
Namespace Prefix: | ocn_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage of government-insured loans UPB to total forward owned servicing loans UPB + References No definition available. + Details
Name: | ocn_PercentageOfPortfolioToTotalForwardOwnedServicing
Namespace Prefix: | ocn_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of total capital as defined by regulatory framework. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
Name: | us-gaap_Capital
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of minimum total risk-based capital required for capital adequacy as defined by regulatory framework. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 + Details
Name: | us-gaap_CapitalRequiredForCapitalAdequacy
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 210 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118262064&loc=SL116631418-115840 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 55 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=84165509&loc=d3e56426-112766 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 210 -Section 45 -Paragraph 21 -URI https://asc.fasb.org/extlink&oid=118262064&loc=SL116631419-115840 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_Cash
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount awarded to other party in judgment or settlement of litigation. + References No definition available. + Details
Name: | us-gaap_LitigationSettlementAmountAwardedToOtherParty
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_PublicUtilitiesGeneralDisclosuresLineItems
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_LoansInsuredOrGuaranteedByGovernmentAuthoritiesAxis=ocn_UnpaidPrincipalBalanceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | dei_LegalEntityAxis=ocn_PHHMortgageCorporationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |