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Interest Expense (Tables)
9 Months Ended
Sep. 30, 2017
Other Income and Expenses [Abstract]  
Schedule of Components of Interest Expense
Interest expense related to financing liabilities recorded in connection with the NRZ Transactions is indicated in the table below.
Periods ended September 30,
Three Months
 
Nine Months
2017
 
2016
 
2017
 
2016
Servicing fees collected on behalf of NRZ
$
129,228

 
$
159,919

 
$
420,151

 
$
482,566

Less: Subservicing fee retained by Ocwen
68,536

 
87,506

 
226,483

 
257,408

Net servicing fees remitted to NRZ
60,692

 
72,413

 
193,668

 
225,158

Less: Reduction (increase) in financing liability
 
 
 
 
 
 
 
Changes in fair value
27,024

 
(807
)
 
27,024

 
(1,555
)
Runoff, settlement and other
19,770

 
594

 
52,963

 
47,172

 
$
13,898

 
$
72,626

 
$
113,681

 
$
179,541

The following table presents the components of interest expense:
Periods ended September 30,
Three Months
 
Nine Months
2017
 
2016
 
2017
 
2016
Financing liabilities
$
15,317

 
$
73,096

 
$
118,579

 
$
193,675

Match funded liabilities
11,981

 
17,349

 
37,499

 
53,656

Other secured borrowings
10,990

 
13,450

 
30,174

 
38,877

Senior notes
7,452

 
6,130

 
22,355

 
18,399

Other
1,541

 
936

 
3,864

 
3,476

 
$
47,281

 
$
110,961

 
$
212,471

 
$
308,083