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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue      
Servicing and subservicing fees $ 832,500 $ 947,300 $ 862,600
Gain on reverse loans held for investment and HMBS-related borrowings, net 42,500 46,700 36,100
Gain on loans held for sale, net 59,000 40,600 22,000
Other revenue, net 42,000 32,000 33,200
Total revenue 976,000 1,066,700 953,900
MSR valuation adjustments, net (96,200) (232,200) (10,400)
Operating expenses      
Compensation and benefits 232,500 229,200 289,400
Servicing and origination 52,300 57,300 64,900
Technology and communications 52,900 52,500 57,900
Professional services 52,600 22,300 49,300
Occupancy, equipment and mailing 31,400 31,800 41,800
Other expenses 14,700 19,000 29,100
Total operating expenses 436,500 412,100 532,400
Other income (expense)      
Interest income 93,300 78,000 45,600
Interest expense ($42.2, $43.8 and $42.1 due to related parties) 288,900 273,600 186,000
Pledged MSR liability expense ($54.0, $57.5 and $59.1 due to related party) (175,400) (296,300) (255,000)
Gain (loss) on extinguishment of debt (49,400) 1,300 900
Earnings of equity method investee 22,900 7,300 18,500
Other, net (6,600) 2,800 (10,200)
Other income (expense), net (404,100) (480,500) (386,200)
Income (loss) before income taxes 39,300 (58,100) 24,900
Income tax expense (benefit) 5,300 5,600 (800)
Net income (loss) 33,900 (63,700) 25,700
Preferred stock dividend ($0.24 per share) (500) 0 0
Net income (loss) attributable to common stockholders $ 33,400 $ (63,700) $ 25,700
Earnings (loss) per share attributable to Ocwen stockholders - Basic and Diluted      
Basic $ 4.28 $ (8.34) $ 2.97
Diluted $ 4.13 $ (8.34) $ 2.85
Weighted average common shares outstanding      
Basic (in shares) 7,816,093 7,635,584 8,647,399
Diluted (in shares) 8,087,535 7,635,584 8,997,306