Debt Instrument, Repurchase Agreement, Membership Interest

No definition available.

Name:	ocn_DebtInstrumentRepurchaseAgreementMembershipInterest
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Period Type:	instant

- Definition

Line Of Credit Facility, Capacity Available For Specific Purpose Other Than For Trade Purchases, Increased (Decreased) Balance

+ References

No definition available.

+ Details

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

- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

+ References

+ Details

Name:	us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

+ References

+ Details

Name:	us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Amount of unused borrowing capacity under the long-term financing arrangement that is available to the entity as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
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-Topic 210
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-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Represents the aggregate of total long-term debt, including current maturities and short-term debt.

+ References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Weighted average interest rate of debt outstanding.

+ References

No definition available.

+ Details

Name:	us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

The maximum amount of borrowing capacity under a line of credit that is available as of the balance sheet date for a specific purpose other than for financing goods acquired for inventory or imminent delivery to a customer.

+ References

No definition available.

+ Details

Name:	us-gaap_LineOfCreditFacilityCapacityAvailableForSpecificPurposeOtherThanForTradePurchases
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- 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

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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-Publisher FASB
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Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
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-Publisher FASB
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+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

+ Details

Name:	us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
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+ Details

Name:	us-gaap_LongTermDebt
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
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+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset.

+ References

No definition available.

+ Details

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Borrowings - Schedule of Mortgage Loan Warehouse Facilities (Details) - USD ($) $ in Millions	1 Months Ended
	May 31, 2024	Apr. 30, 2024	Dec. 31, 2024	Oct. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 04, 2024	Feb. 29, 2024	Dec. 31, 2023	Jun. 15, 2023
Line of Credit Facility [Line Items]
Debt Instrument, Repurchase Agreement, Membership Interest							100.00%
Secured Debt
Line of Credit Facility [Line Items]
Unamortized debt issuance costs			$ (35.4)						$ (21.0)
Mortgage Loan Warehouse Facilities
Line of Credit Facility [Line Items]
Available borrowing capacity			0.0
Secured Debt
Line of Credit Facility [Line Items]
Senior notes			957.9						916.2
Unamortized debt issuance costs			(0.1)						(0.4)
Secured Debt \| Securitization Notes
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			0.0
Long-term debt, gross			517.3						164.4
Secured Debt \| Master Repurchase Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			125.0
Available borrowing capacity			2.7
Short-term debt			47.3						15.7
Secured Debt \| Master Repurchase Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			350.0
Available borrowing capacity			0.0
Short-term debt			0.0						0.0
Secured Debt \| Participation Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			278.2
Available borrowing capacity			0.0
Short-term debt			221.8						83.9
Maximum borrowing capacity					$ 500.0
Secured Debt \| Master Repurchase Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			119.3
Short-term debt			130.7						64.2
Maximum borrowing capacity					250.0
Secured Debt \| Master Repurchase Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			1.0
Short-term debt			0.0						0.0
Secured Debt \| Mortgage Warehouse Agreement Two
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			40.0
Short-term debt			0.0						0.0
Secured Debt \| Mortgage Warehouse Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			63.8
Available borrowing capacity			0.0
Short-term debt			141.2						71.1
Secured Debt \| Mortgage Warehouse Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			220.7
Available borrowing capacity			0.0
Short-term debt			9.3						12.2
Secured Debt \| Master Repurchase Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			0.0
Short-term debt			200.5						151.7
Line Of Credit Facility, Capacity Available For Specific Purpose Other Than For Trade Purchases, Increased (Decreased) Balance		$ (50.0)
Maximum borrowing capacity		$ 200.0
Secured Debt \| Loan and Security Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			0.0
Short-term debt			0.0						0.0
Secured Debt \| Master Repurchase Agreement- Flagstar
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			250.0
Available borrowing capacity			11.5
Short-term debt			238.5						168.4
Secured Debt \| $200 million April 2024 Master Repurchase Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			0.0
Short-term debt			0.0						0.0
Secured Debt \| OLIT 2023 Notes
Line of Credit Facility [Line Items]
Long-term debt, gross										$ 264.9
Debt instrument stated percentage of interest (percentage)						3.00%
Secured Debt \| OLIT 2023 Notes \| Securitization Notes
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			0.0
Long-term debt, gross			107.3						164.4
Secured Debt \| September 2024 Loan and Security Agreement
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			29.2
Short-term debt			10.8						0.0
Maximum borrowing capacity					40.0
Secured Debt \| Loan And Security Agreement - LHFI and Servicing Advances
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			8.8
Long-term debt, gross			36.2						0.0
Maximum borrowing capacity				$ 15.0	45.0
Secured Debt \| Securities Master Repurchase Agreement - Receivables and REO
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			6.6
Available borrowing capacity			0.0
Short-term debt			10.0						0.0
Secured Debt \| OLIT Asset-Backed Notes, Series 2024-HB1
Line of Credit Facility [Line Items]
Long-term debt, gross								$ 268.6
Debt instrument stated percentage of interest (percentage)						3.00%
Secured Debt \| OLIT Asset-Backed Notes, Series 2024-HB1 \| Securitization Notes
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			0.0
Long-term debt, gross			160.9						0.0
Secured Debt \| OLIT Asset-Backed Notes, Series 2024 HB2
Line of Credit Facility [Line Items]
Long-term debt, gross					$ 330.6
Debt instrument stated percentage of interest (percentage)						5.00%
Secured Debt \| OLIT Asset-Backed Notes, Series 2024 HB2 \| Securitization Notes
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			0.0
Available borrowing capacity			0.0
Long-term debt, gross			249.1						0.0
Secured Debt \| January 2024 Mortgage Warehouse Agreement
Line of Credit Facility [Line Items]
Line Of Credit Facility, Capacity Available For Specific Purpose Other Than For Trade Purchases, Increased (Decreased) Balance	$ (205.0)
Secured Debt \| Total Financing Agreements
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			1,294.3
Available borrowing capacity			212.5
Debt, Long-Term and Short-Term, Combined Amount			$ 1,046.3						$ 567.2
Mortgage Loan Warehouse Facilities
Line of Credit Facility [Line Items]
Weighted average interest rate (percentage)			5.46%						6.15%
Unamortized debt issuance costs			$ (1.0)						$ (1.0)
Mortgage Loan Warehouse Facilities \| Secured Debt
Line of Credit Facility [Line Items]
Uncommitted available borrowing capacity			1,294.3
Available borrowing capacity			212.5
Debt, Long-Term and Short-Term, Combined Amount			1,563.6						731.6
Senior notes			$ 1,528.2						$ 710.6