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Loans Held for Sale - Summary of Activity in Gain on Loans Held for Sale, Net (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Loans Held For Sale At Fair Value [Abstract]      
Gain on sales of loans $ 168,449ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained $ 82,518ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained $ 6,797ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained
Change in fair value of IRLCs (25,822)ocn_GainLossOnInterestRateDerivativeInstruments 523ocn_GainLossOnInterestRateDerivativeInstruments 2ocn_GainLossOnInterestRateDerivativeInstruments
Change in fair value of loans held for sale 10,489ocn_ChangeInFairValueOfMortgageLoansHeldForSale (1,709)ocn_ChangeInFairValueOfMortgageLoansHeldForSale (5,462)ocn_ChangeInFairValueOfMortgageLoansHeldForSale
Gain (loss) on economic hedge instruments (17,214)us-gaap_UnrealizedGainLossOnDerivatives 42,732us-gaap_UnrealizedGainLossOnDerivatives (1,075)us-gaap_UnrealizedGainLossOnDerivatives
Other (1,605)us-gaap_GainsLossesOnSalesOfOtherRealEstate (2,370)us-gaap_GainsLossesOnSalesOfOtherRealEstate (47)us-gaap_GainsLossesOnSalesOfOtherRealEstate
Gain on loans held for sale, net $ 134,297us-gaap_GainLossOnSalesOfLoansNet $ 121,694us-gaap_GainLossOnSalesOfLoansNet $ 215us-gaap_GainLossOnSalesOfLoansNet