No definition available.

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Namespace Prefix:	ocn_
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Balance Type:	debit
Period Type:	instant

- Definition

-- None. No documentation exists for this element. --

+ References

No definition available.

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Namespace Prefix:	ocn_
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Period Type:	duration

- Definition

Financing Liabilities [Abstract]

+ References

No definition available.

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Namespace Prefix:	ocn_
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- Definition

This represents the amount of liability which is a resultant of reverse mortgage loans sold into the secondary with servicing rights retained. As the transfer of these loans do not meet the definition of participating interest because of the servicing requirement that requires the issuer to absorb some level of risk, these transfers are accounted for as financing.

+ References

No definition available.

+ Details

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Namespace Prefix:	ocn_
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Balance Type:	credit
Period Type:	instant

- Definition

-- None. No documentation exists for this element. --

+ References

No definition available.

+ Details

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Namespace Prefix:	ocn_
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- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents loans held-for-sale at lower cost of fair value as presented on the statement of financial position which may include mortgage loans held-for-sale, finance receivables held-for-sale, or any other loans classified as held-for-sale which are due the Company as of the balance sheet date.

+ References

No definition available.

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Namespace Prefix:	ocn_
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Balance Type:	debit
Period Type:	instant

- Definition

This element represents the home equity conversion mortgages insured by FHA.

+ References

No definition available.

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Namespace Prefix:	ocn_
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Balance Type:	debit
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- Definition

Mortgage Service Rights [Abstract]

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No definition available.

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

- Definition

Other financing liabilities.

+ References

No definition available.

+ Details

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

- Definition

Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.

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Fair values as of the balance sheet date of the net amount of all assets and liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments.

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Fair value as of the balance sheet date of derivative instrument not designated as hedging instrument and classified as a liability.

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Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.

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Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

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- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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Fair value portion of loans held-for-sale including, but not limited to, mortgage loans and finance receivables.

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No definition available.

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Fair value portion of mortgage loans held-for-sale.

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No definition available.

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Amount of borrowings classified as other, maturing within one year or the normal operating cycle, if longer.

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Fair value portion of receivables, including, but not limited to, trade account receivables, note receivables, and loan receivables.

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Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower.

+ References

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No definition available.

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No definition available.

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Including the current and noncurrent portions, carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer). Senior note holders are paid off in full before any payments are made to junior note holders.

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Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements.

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- Definition

Carrying amount of liabilities associated with financial assets accounted for as secured borrowings recognized in the transferor's statement of financial position at the end of each period presented.

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Fair Value - Schedule of Fair Value Assets and Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Loans held for sale
Loans held for sale, at fair value	$ 1,025.7	$ 674.2	$ 845.2	$ 617.8
Financial liabilities
Advance match funded liabilities	440.2	499.7
Financing liabilities, at fair value:
HMBS-related borrowings	7,945.0	7,797.3	7,470.6	7,326.8
Other financing liabilities, at fair value	906.8	900.0
Other secured borrowings:
Mortgage loan financing facilities, net ($315.7 and $143.4 related to VIEs)	1,108.9	710.6
MSR financing facilities	964.1	916.2
Senior notes
Total Senior notes	552.0	595.8
Derivative financial instrument assets (liabilities), net
Derivative liabilities	7.1	7.0
Mortgage servicing rights
MSRs	2,374.7	2,272.2	2,580.6	2,665.2
Carrying Value
Loans held for sale
Total Loans held for sale	1,028.9	677.3
Loans held for investment, at fair value	8,130.5	7,975.5
Financing liabilities, at fair value:
Other financing liabilities, at fair value	906.8	900.0
Senior notes
Total Senior notes	552.0	595.8
Fair Value
Loans held for sale
Total Loans held for sale	1,028.9	677.3
Loans held for investment, at fair value	8,130.5	7,975.5
Financing liabilities, at fair value:
Other financing liabilities, at fair value	906.8	900.0
Senior notes
Total Senior notes	555.1	556.5
ESS Financing Liability
Financing liabilities, at fair value:
Other financing liabilities, at fair value	253.4	248.9
Level 3 \| Carrying Value
Loans held for sale
Loans held for sale, at fair value	1,025.7	674.2
Loans held for sale, at lower of cost or fair value	3.2	3.1
Loans held for investment, at fair value	8,125.0	7,970.0
Advances, net	602.7	678.8
Receivables, net	152.1	154.8
Financial liabilities
Advance match funded liabilities	440.2	499.7
Financing liabilities, at fair value:
HMBS-related borrowings	7,945.0	7,797.3
Other secured borrowings:
Mortgage loan financing facilities, net ($315.7 and $143.4 related to VIEs)	1,108.9	710.6
MSR financing facilities	964.1	916.2
Mortgage servicing rights
MSRs	2,374.7	2,272.2
Level 3 \| Carrying Value \| Second Lien
Senior notes
Senior secured notes	242.4	239.7
Level 3 \| Fair Value
Loans held for sale
Loans held for sale, at fair value	1,025.7	674.2
Loans held for sale, at lower of cost or fair value	3.2	3.1
Loans held for investment, at fair value	8,125.0	7,970.0
Advances, net	602.7	678.8
Receivables, net	152.1	154.8
Financial liabilities
Advance match funded liabilities	440.2	499.7
Financing liabilities, at fair value:
HMBS-related borrowings	7,945.0	7,797.3
Other secured borrowings:
Mortgage loan financing facilities, net ($315.7 and $143.4 related to VIEs)	1,119.3	717.6
MSR financing facilities	950.5	900.3
Mortgage servicing rights
MSRs	2,374.7	2,272.2
Level 3 \| Fair Value \| Second Lien
Senior notes
Senior secured notes	252.3	230.5
Level 3 \| Interest Rate Contract \| Carrying Value
Derivative financial instrument assets (liabilities), net
Interest rate lock commitments	5.0	5.6
Level 3 \| Interest Rate Contract \| Fair Value
Derivative financial instrument assets (liabilities), net
Interest rate lock commitments	5.0	5.6
Level 3 \| Other \| Carrying Value
Derivative financial instrument assets (liabilities), net
Other (a)	0.0	(0.1)
Level 3 \| Other \| Fair Value
Derivative financial instrument assets (liabilities), net
Other (a)	0.0	(0.1)
Level 3 \| ESS Financing Liability
Mortgage servicing rights
Loans related to Ginnie Mae guaranteed securitizations	(253.4)	(248.9)	(263.1)	(199.0)
Level 3 \| Loans Held for Sale - Fair Value
Mortgage servicing rights
Loans related to Ginnie Mae guaranteed securitizations	284.0	203.1	$ 23.3	$ 32.1
Level 3 \| Loans Held for Investment Securitization Trusts \| Carrying Value
Loans held for sale
Loans held for investment, at fair value	5.5	5.6
Level 3 \| Loans Held for Investment Securitization Trusts \| Fair Value
Loans held for sale
Loans held for investment, at fair value	5.5	5.6
Level 2 \| Carrying Value
Loans held for sale
Loans held for sale, at fair value	1,025.7	674.2
Senior notes
Senior secured notes	309.5	356.1
Level 2 \| Fair Value
Loans held for sale
Loans held for sale, at fair value	1,025.7	674.2
Senior notes
Senior secured notes	302.7	326.0
Level 2 \| Forward LHFS Trades \| Carrying Value
Derivative financial instrument assets (liabilities), net
Derivative asset	(0.1)	(0.1)
Level 2 \| Forward LHFS Trades \| Fair Value
Derivative financial instrument assets (liabilities), net
Derivative asset	(0.1)	(0.1)
Level 2 \| Option Contracts \| Carrying Value
Derivative financial instrument assets (liabilities), net
Derivative liabilities	0.0	1.9
Level 2 \| Option Contracts \| Fair Value
Derivative financial instrument assets (liabilities), net
Derivative liabilities	0.0	1.9
Level 1 \| TBA forward MBS trades \| Carrying Value
Derivative financial instrument assets (liabilities), net
Derivative liabilities	(4.3)	(9.6)
Level 1 \| TBA forward MBS trades \| Fair Value
Derivative financial instrument assets (liabilities), net
Derivative liabilities	(4.3)	(9.6)
Level 1 \| Interest Rate Swap \| Carrying Value
Derivative financial instrument assets (liabilities), net
Derivative asset	(0.7)	3.9
Level 1 \| Interest Rate Swap \| Fair Value
Derivative financial instrument assets (liabilities), net
Derivative asset	(0.7)	3.9
Level 1 \| TBA Forward Pipelines Trades \| Carrying Value
Derivative financial instrument assets (liabilities), net
Derivative asset	(3.7)	(6.3)
Level 1 \| TBA Forward Pipelines Trades \| Fair Value
Derivative financial instrument assets (liabilities), net
Derivative asset	$ (3.7)	$ (6.3)