2020 Q2 Form 10-Q Financial Statement
#000162828020011652 Filed on August 04, 2020
Income Statement
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
Revenue | $227.0M | $274.3M |
YoY Change | -17.25% | 8.19% |
Cost Of Revenue | $40.80M | $168.8M |
YoY Change | -75.83% | 174.92% |
Gross Profit | $186.2M | $105.6M |
YoY Change | 76.33% | -45.06% |
Gross Profit Margin | 82.02% | 38.49% |
Selling, General & Admin | $121.1M | $158.1M |
YoY Change | -23.4% | 13.74% |
% of Gross Profit | 65.04% | 149.72% |
Research & Development | $16.11M | $20.00M |
YoY Change | -19.45% | -16.33% |
% of Gross Profit | 8.65% | 18.94% |
Depreciation & Amortization | $7.096M | $11.01M |
YoY Change | -35.56% | 80.08% |
% of Gross Profit | 3.81% | 10.43% |
Operating Expenses | $16.11M | $20.00M |
YoY Change | -19.45% | -16.33% |
Operating Profit | $170.1M | $85.60M |
YoY Change | 98.7% | -49.14% |
Interest Expense | $26.76M | $28.64M |
YoY Change | -6.57% | -63.05% |
% of Operating Profit | 15.73% | 33.46% |
Other Income/Expense, Net | -$64.94M | -$27.18M |
YoY Change | 138.94% | -64.4% |
Pretax Income | -$6.156M | -$84.33M |
YoY Change | -92.7% | 196.89% |
Income Tax | -$8.110M | $5.404M |
% Of Pretax Income | ||
Net Earnings | $1.954M | -$89.74M |
YoY Change | -102.18% | 200.82% |
Net Earnings / Revenue | 0.86% | -32.71% |
Basic Earnings Per Share | $0.23 | -$10.01 |
Diluted Earnings Per Share | $0.23 | -$10.01 |
COMMON SHARES | ||
Basic Shares Outstanding | 8.651M shares | 134.5M shares |
Diluted Shares Outstanding | 8.661M shares | 134.5M shares |
Balance Sheet
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $314.0M | $288.0M |
YoY Change | 9.03% | 25.22% |
Cash & Equivalents | $313.7M | $287.7M |
Short-Term Investments | ||
Other Short-Term Assets | $46.00M | $39.00M |
YoY Change | 17.95% | 8.33% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $98.00M | $127.0M |
Other Receivables | $150.0M | $61.00M |
Total Short-Term Assets | $608.0M | $515.0M |
YoY Change | 18.06% | 15.73% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $29.70M | $57.60M |
YoY Change | -48.44% | 88.11% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $4.000M | $4.000M |
YoY Change | 0.0% | 100.0% |
Other Assets | $66.00M | $67.00M |
YoY Change | -1.49% | |
Total Long-Term Assets | $9.702B | $9.113B |
YoY Change | 6.47% | 14.26% |
TOTAL ASSETS | ||
Total Short-Term Assets | $608.0M | $515.0M |
Total Long-Term Assets | $9.702B | $9.113B |
Total Assets | $10.31B | $9.628B |
YoY Change | 7.09% | 14.34% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $149.0M | $93.00M |
YoY Change | 60.22% | 40.91% |
Accrued Expenses | $144.0M | $194.0M |
YoY Change | -25.77% | 64.41% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $293.0M | $287.0M |
YoY Change | 2.09% | 55.98% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $8.843B | $8.313B |
YoY Change | 6.38% | 15.03% |
Other Long-Term Liabilities | $742.0M | $605.0M |
YoY Change | 22.64% | 48.28% |
Total Long-Term Liabilities | $9.585B | $8.918B |
YoY Change | 7.48% | 16.8% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $293.0M | $287.0M |
Total Long-Term Liabilities | $9.585B | $8.918B |
Total Liabilities | $9.878B | $9.205B |
YoY Change | 7.31% | 17.72% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$115.0M | -$130.6M |
YoY Change | -11.95% | -377.64% |
Common Stock | $1.300M | $1.346M |
YoY Change | -3.42% | 0.52% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $433.0M | $423.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $10.31B | $9.628B |
YoY Change | 7.09% | 14.34% |
Cashflow Statement
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $1.954M | -$89.74M |
YoY Change | -102.18% | 200.82% |
Depreciation, Depletion And Amortization | $7.096M | $11.01M |
YoY Change | -35.56% | 80.08% |
Cash From Operating Activities | $53.80M | $28.10M |
YoY Change | 91.46% | -71.09% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$19.90M | -$51.30M |
YoY Change | -61.21% | 1408.82% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$76.20M | -$85.10M |
YoY Change | -10.46% | -32.94% |
Cash From Investing Activities | -$96.10M | -$136.5M |
YoY Change | -29.6% | 4.76% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 103.1M | 130.2M |
YoY Change | -20.81% | -492.17% |
NET CHANGE | ||
Cash From Operating Activities | 53.80M | 28.10M |
Cash From Investing Activities | -96.10M | -136.5M |
Cash From Financing Activities | 103.1M | 130.2M |
Net Change In Cash | 60.80M | 21.80M |
YoY Change | 178.9% | -132.88% |
FREE CASH FLOW | ||
Cash From Operating Activities | $53.80M | $28.10M |
Capital Expenditures | -$19.90M | -$51.30M |
Free Cash Flow | $73.70M | $79.40M |
YoY Change | -7.18% | -21.07% |
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CY2019Q2 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
2930000 | USD |
us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
48280000 | USD | |
us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
46886000 | USD | |
CY2020Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-57000 | USD |
CY2019Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
557000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1271000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1577000 | USD | |
CY2020Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-64937000 | USD |
CY2019Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-27177000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-94790000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-92044000 | USD | |
CY2020Q2 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
-6156000 | USD |
CY2019Q2 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
-84333000 | USD |
us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
-93501000 | USD | |
us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
-125417000 | USD | |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8110000 | USD |
CY2019Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5404000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-69966000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8814000 | USD | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1954000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-89737000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23535000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-134231000 | USD | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.67 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.18 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.00 | ||
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.67 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.18 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.00 | ||
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
129769092 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
134465741 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
132313964 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
134193874 | shares | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
129922343 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
134465741 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
132313964 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
134193874 | shares | |
CY2020Q2 | us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
0.23 | |
CY2019Q2 | us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
-10.01 | |
us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
-2.67 | ||
us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
-15.00 | ||
CY2020Q2 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
0.23 | |
CY2019Q2 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-10.01 | |
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-2.67 | ||
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-15.00 | ||
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1954000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-89737000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-23535000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
-134231000 | USD | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-40000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-36000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-76000 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-70000 | USD | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-46000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-337000 | USD |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-92000 | USD | |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-674000 | USD | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
0 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
7000 | USD |
us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
0 | USD | |
us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
13000 | USD | |
CY2020Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2040000 | USD |
CY2019Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-89357000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-23367000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-133474000 | USD | |
CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
429857000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1954000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
872000 | USD |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
86000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
432769000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
511594000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-89737000 | USD |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
657000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
380000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
422894000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
412011000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23535000 | USD | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
4605000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1692000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
168000 | USD | |
CY2020Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
432769000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
554705000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-134231000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1647000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
757000 | USD | |
CY2019Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
422894000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-23535000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
-134231000 | USD | |
us-gaap |
Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
|
197554000 | USD | |
us-gaap |
Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
|
256266000 | USD | |
us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
161000 | USD | |
us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
869000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
11939000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
17158000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11093000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
19563000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3538000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1451000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1523000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1664000 | USD | |
ocn |
Gain On Valuation Of Financing Liability
GainOnValuationOfFinancingLiability
|
31716000 | USD | |
ocn |
Gain On Valuation Of Financing Liability
GainOnValuationOfFinancingLiability
|
76981000 | USD | |
us-gaap |
Increase Decrease In Other Financial Instruments Used In Operating Activities
IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities
|
15351000 | USD | |
us-gaap |
Increase Decrease In Other Financial Instruments Used In Operating Activities
IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities
|
37201000 | USD | |
us-gaap |
Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
|
46878000 | USD | |
us-gaap |
Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
|
17300000 | USD | |
us-gaap |
Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
|
0 | USD | |
us-gaap |
Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
|
-381000 | USD | |
us-gaap |
Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
|
1949022000 | USD | |
us-gaap |
Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
|
501696000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
1936204000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
513706000 | USD | |
ocn |
Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances
IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances
|
-144020000 | USD | |
ocn |
Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances
IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances
|
-91679000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
-39998000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
-79931000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-45533000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-79753000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-8854000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-4965000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
224819000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
128803000 | USD | |
us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
568074000 | USD | |
us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
427021000 | USD | |
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
370114000 | USD | |
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
232514000 | USD | |
us-gaap |
Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
|
48014000 | USD | |
us-gaap |
Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
|
99382000 | USD | |
us-gaap |
Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
|
1401000 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
443000 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
2132000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2756000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1133000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
4350000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
3166000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
674000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
122000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-534000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-243385000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-287789000 | USD | |
ocn |
Repayment Of Proceeds From Transfers Accounted For As Secured Borrowings Associated Liabilities
RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities
|
66459000 | USD | |
ocn |
Repayment Of Proceeds From Transfers Accounted For As Secured Borrowings Associated Liabilities
RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities
|
106488000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
2696563000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
1137418000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
2808581000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1222471000 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
119100000 | USD | |
us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-131066000 | USD | |
us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-12716000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
7451000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1284000 | USD | |
ocn |
Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing
ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing
|
0 | USD | |
ocn |
Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing
ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing
|
876000 | USD | |
ocn |
Proceeds From Sale Of Mortgage Loans Financing
ProceedsFromSaleOfMortgageLoansFinancing
|
590640000 | USD | |
ocn |
Proceeds From Sale Of Mortgage Loans Financing
ProceedsFromSaleOfMortgageLoansFinancing
|
425106000 | USD | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
365233000 | USD | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
228015000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
4605000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-33000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1118000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-96225000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
110408000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-114791000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-48578000 | USD | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
492340000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
397010000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
377549000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
348432000 | USD |
ocn |
Deconsolidationof Mortgage Backed Securitization Trust Assets
DeconsolidationofMortgageBackedSecuritizationTrustAssets
|
10715000 | USD | |
ocn |
Deconsolidationof Mortgage Backed Securitization Trust Assets
DeconsolidationofMortgageBackedSecuritizationTrustAssets
|
0 | USD | |
ocn |
Deconsolidationof Mortgage Backed Securitization Trust Liabilities
DeconsolidationofMortgageBackedSecuritizationTrustLiabilities
|
9519000 | USD | |
ocn |
Deconsolidationof Mortgage Backed Securitization Trust Liabilities
DeconsolidationofMortgageBackedSecuritizationTrustLiabilities
|
0 | USD | |
ocn |
Servicing Asset At Fair Value Derecognition
ServicingAssetAtFairValueDerecognition
|
263344000 | USD | |
ocn |
Servicing Asset At Fair Value Derecognition
ServicingAssetAtFairValueDerecognition
|
0 | USD | |
ocn |
Servicing Asset At Fair Value Pledged Financing Liability Derecognition
ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition
|
263344000 | USD | |
ocn |
Servicing Asset At Fair Value Pledged Financing Liability Derecognition
ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition
|
0 | USD | |
ocn |
Future Draw Commitments Fair Value Disclosure
FutureDrawCommitmentsFairValueDisclosure
|
47038000 | USD | |
ocn |
Future Draw Commitments Fair Value Disclosure
FutureDrawCommitmentsFairValueDisclosure
|
0 | USD | |
ocn |
Recognitionof Gross Rightofuse Asset
RecognitionofGrossRightofuseAsset
|
2608000 | USD | |
ocn |
Recognitionof Gross Rightofuse Asset
RecognitionofGrossRightofuseAsset
|
66231000 | USD | |
ocn |
Recognitionof Lease Liability
RecognitionofLeaseLiability
|
2597000 | USD | |
ocn |
Recognitionof Lease Liability
RecognitionofLeaseLiability
|
66247000 | USD | |
us-gaap |
Transfer To Other Real Estate
TransferToOtherRealEstate
|
841000 | USD | |
us-gaap |
Transfer To Other Real Estate
TransferToOtherRealEstate
|
3153000 | USD | |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
313736000 | USD |
CY2019Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
287724000 | USD |
CY2020Q2 | ocn |
Debt Service Accounts
DebtServiceAccounts
|
18757000 | USD |
CY2019Q2 | ocn |
Debt Service Accounts
DebtServiceAccounts
|
19588000 | USD |
CY2020Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
45056000 | USD |
CY2019Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
41120000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
377549000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
348432000 | USD |
CY2020Q2 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
5500 | Employee |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates and Assumptions</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires that management make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates and assumptions include, but are not limited to, those that relate to fair value measurements, income taxes, the provision for losses that may arise from litigation proceedings, and our going concern evaluation. In developing estimates and assumptions, management uses all available information; however, actual results could materially differ from those estimates and assumptions.</span></div> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain amounts in the unaudited consolidated balance sheet at December 31, 2019, the unaudited consolidated statement of operations for the </span><span style="font-family:inherit;font-size:10pt;">three and six months ended June 30, 2019</span><span style="font-family:inherit;font-size:10pt;"> and the unaudited consolidated statement of cash flows for the </span><span style="font-family:inherit;font-size:10pt;">six months ended June 30, 2019</span><span style="font-family:inherit;font-size:10pt;"> have been reclassified to conform to the current period presentation. The reclassifications had no impact on total assets or total liabilities in our unaudited consolidated balance sheets, no impact on net income (loss) or total revenue in our unaudited consolidated statements of operations and no impact on operating, investing and financing cash flows in our unaudited consolidated statements of cash flows.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We now present Reverse mortgage revenue, net as a separate revenue line item on the face of the unaudited consolidated statements of operations to provide a further breakdown of Other revenue, net and provide greater transparency on the performance associated with our portfolio of HECM loans, net of the HMBS-related borrowings that are both measured at fair value, as follows:</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="11"/></tr><tr><td style="width:1%;"/><td style="width:7%;"/><td style="width:5%;"/><td style="width:58%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td colspan="4" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Periods Ended June 30, 2019</span></div></td></tr><tr><td colspan="4" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassification within the Statement of Operations </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Six Months</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">From</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Gain on loans held for sale, net</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>6,757</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>15,370</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">From</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Other revenue, net</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>14,514</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>38,777</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">From</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Servicing and subservicing fees </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(778</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(1,531</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">To</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Reverse mortgage revenue, net (New line item)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>20,493</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>52,616</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Total revenue</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In addition to the above reclassifications, we have made the following presentation changes:</span></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In the unaudited consolidated statements of operations, we now separately present MSR valuation adjustments, net from Total expenses, renamed “Operating expenses”. The purpose of this reclassification is to separately present fair value changes from operating expenses and provide additional insights on the nature of our performance.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Within Other income (expense), net on the unaudited consolidated statements of operations, we now present the expense related to the pledged MSR liability recorded at fair value separately from Interest expense. The purpose of this reclassification is to improve transparency between the interest expense associated with interest-bearing liabilities recorded on an accrual basis and expenses that are attributable to the pledged MSR liability recorded at fair value. The pledged MSR liability is the obligation to deliver to NRZ all contractual cash flows associated with the underlying </span></div></td></tr></table><div style="line-height:120%;padding-left:48px;"><span style="font-family:inherit;font-size:10pt;">MSR that did not meet the requirements for sale accounting treatment. The Pledged MSR liability expense reflects net servicing fee remittance and fair value changes. </span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Within the Total assets section of our consolidated balance sheet at December 31, 2019, we reclassified Match funded advances to Advances to present all servicing-related advances as a single line item.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Within the Cash flows from operating activities section, we reclassified Amortization of debt issuance costs of </span><span style="font-family:inherit;font-size:10pt;"><span>$1.5 million</span></span><span style="font-family:inherit;font-size:10pt;"> from Other, net to a new separate line item.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Within the Cash flows from operating activities section, we reclassified Gain on loans held for sale, net of </span><span style="font-family:inherit;font-size:10pt;"><span>$2.6 million</span></span><span style="font-family:inherit;font-size:10pt;"> related to reverse mortgages to Other, net.</span></div></td></tr></table><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Within the Cash flows from investing activities section, we reclassified Proceeds from sale of real estate of </span><span style="font-family:inherit;font-size:10pt;"><span>$3.2 million</span></span><span style="font-family:inherit;font-size:10pt;"> from Other, net to a new separate line.</span></div> | ||
CY2020Q2 | us-gaap |
Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
|
2900000 | USD |
CY2019Q4 | us-gaap |
Restructuring And Related Cost Expected Cost1
RestructuringAndRelatedCostExpectedCost1
|
65000000.0 | USD |
CY2020Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
3300000 | USD |
CY2019Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
22115000 | USD |
CY2019Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
10126000 | USD |
CY2019Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
18347000 | USD |
CY2019Q4 | us-gaap |
Restructuring Charges
RestructuringCharges
|
14381000 | USD |
CY2019 | us-gaap |
Restructuring Charges
RestructuringCharges
|
64969000 | USD |
ocn |
Average Periodto Securitization
AveragePeriodtoSecuritization
|
P30D | ||
CY2020Q2 | us-gaap |
Proceeds From Securitizations Of Loans Held For Sale
ProceedsFromSecuritizationsOfLoansHeldForSale
|
1071252000 | USD |
CY2019Q2 | us-gaap |
Proceeds From Securitizations Of Loans Held For Sale
ProceedsFromSecuritizationsOfLoansHeldForSale
|
195973000 | USD |
us-gaap |
Proceeds From Securitizations Of Loans Held For Sale
ProceedsFromSecuritizationsOfLoansHeldForSale
|
1891253000 | USD | |
us-gaap |
Proceeds From Securitizations Of Loans Held For Sale
ProceedsFromSecuritizationsOfLoansHeldForSale
|
438933000 | USD | |
CY2020Q2 | us-gaap |
Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
|
10391000 | USD |
CY2019Q2 | us-gaap |
Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
|
12826000 | USD |
us-gaap |
Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
|
22643000 | USD | |
us-gaap |
Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
|
28744000 | USD | |
CY2020Q2 | us-gaap |
Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets
CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets
|
1669000 | USD |
CY2019Q2 | us-gaap |
Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets
CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets
|
143000 | USD |
us-gaap |
Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets
CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets
|
4277000 | USD | |
us-gaap |
Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets
CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets
|
1047000 | USD | |
CY2020Q2 | ocn |
Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales
CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales
|
1079974000 | USD |
CY2019Q2 | ocn |
Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales
CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales
|
208656000 | USD |
ocn |
Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales
CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales
|
1909619000 | USD | |
ocn |
Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales
CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales
|
466630000 | USD | |
CY2020Q2 | ocn |
Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
|
9100000 | USD |
ocn |
Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
|
15700000 | USD | |
CY2019Q2 | ocn |
Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
|
800000 | USD |
ocn |
Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
|
1600000 | USD | |
CY2020Q2 | ocn |
Unpaid Principal Balance Of Loans Transferred
UnpaidPrincipalBalanceOfLoansTransferred
|
17531932000 | USD |
CY2019Q4 | ocn |
Unpaid Principal Balance Of Loans Transferred
UnpaidPrincipalBalanceOfLoansTransferred
|
14490984000 | USD |
CY2020Q2 | ocn |
Maximum Exposure To Loss
MaximumExposureToLoss
|
17804161000 | USD |
CY2019Q4 | ocn |
Maximum Exposure To Loss
MaximumExposureToLoss
|
14742394000 | USD |
ocn |
Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due
PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue
|
0.093 | ||
CY2019 | ocn |
Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due
PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue
|
0.077 | |
ocn |
Pledged Advance Remittance Period
PledgedAdvanceRemittancePeriod
|
P2D | ||
CY2020Q2 | us-gaap |
Transfer Of Financial Assets Accounted For As Sales Fair Value Of Derecognized Assets
TransferOfFinancialAssetsAccountedForAsSalesFairValueOfDerecognizedAssets
|
1200000 | USD |
us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
26000 | USD | |
CY2020Q2 | us-gaap |
Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
|
86826000 | USD |
CY2020Q2 | us-gaap |
Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
|
165611000 | USD |
CY2020Q2 | us-gaap |
Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
|
33066000 | USD |
CY2020Q2 | us-gaap |
Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
|
64206000 | USD |
CY2019Q4 | us-gaap |
Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
|
208752000 | USD |
CY2018Q4 | us-gaap |
Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
|
176525000 | USD |
us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
1949022000 | USD | |
us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
370207000 | USD | |
us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
1872776000 | USD | |
us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
405999000 | USD | |
us-gaap |
Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
|
15758000 | USD | |
us-gaap |
Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
|
11046000 | USD | |
us-gaap |
Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
|
1119000 | USD | |
us-gaap |
Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
|
884000 | USD | |
ocn |
Transfer Of Portfolio Loans To Held For Sale At Lower Of Cost Or Fair Value
TransferOfPortfolioLoansToHeldForSaleAtLowerOfCostOrFairValue
|
0 | USD | |
ocn |
Transfer Of Portfolio Loans To Held For Sale At Lower Of Cost Or Fair Value
TransferOfPortfolioLoansToHeldForSaleAtLowerOfCostOrFairValue
|
2866000 | USD | |
ocn |
Transfer Of Portfolio Loans To Receivables
TransferOfPortfolioLoansToReceivables
|
48226000 | USD | |
ocn |
Transfer Of Portfolio Loans To Receivables
TransferOfPortfolioLoansToReceivables
|
746000 | USD | |
ocn |
Transfer Of Portfolio Loans To Real Estate Owned
TransferOfPortfolioLoansToRealEstateOwned
|
841000 | USD | |
ocn |
Transfer Of Portfolio Loans To Real Estate Owned
TransferOfPortfolioLoansToRealEstateOwned
|
866000 | USD | |
us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
28253000 | USD | |
us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
18148000 | USD | |
us-gaap |
Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
|
-2295000 | USD | |
us-gaap |
Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
|
-292000 | USD | |
ocn |
Other Adjustment Mortgage Loans Held For Sale
OtherAdjustmentMortgageLoansHeldForSale
|
-5787000 | USD | |
ocn |
Other Adjustment Mortgage Loans Held For Sale
OtherAdjustmentMortgageLoansHeldForSale
|
8258000 | USD | |
CY2020Q2 | us-gaap |
Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
|
253037000 | USD |
CY2019Q2 | us-gaap |
Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
|
135691000 | USD |
us-gaap |
Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
|
10100000 | USD | |
us-gaap |
Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
|
7500000 | USD | |
CY2019Q4 | ocn |
Loans Held For Sale At Lower Of Cost Or Fair Value
LoansHeldForSaleAtLowerOfCostOrFairValue
|
66517000 | USD |
CY2018Q4 | ocn |
Loans Held For Sale At Lower Of Cost Or Fair Value
LoansHeldForSaleAtLowerOfCostOrFairValue
|
66097000 | USD |
ocn |
Paymentsfor Originationof Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue
|
131489000 | USD | |
ocn |
Proceedsfrom Saleof Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue
|
46865000 | USD | |
ocn |
Proceedsfrom Saleof Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue
|
92478000 | USD | |
ocn |
Proceedsfrom Principal Paymentson Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue
|
805000 | USD | |
ocn |
Paymentsfor Originationof Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue
|
0 | USD | |
ocn |
Proceedsfrom Principal Paymentson Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue
|
4183000 | USD | |
ocn |
Transfersto Accounts Receivablefrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue
|
-61000 | USD | |
ocn |
Transfersto Accounts Receivablefrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue
|
53657000 | USD | |
ocn |
Transfersto Real Estate Ownedfrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue
|
0 | USD | |
ocn |
Transfersto Real Estate Ownedfrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue
|
2287000 | USD | |
ocn |
Transfer To Loans Held For Sale At Lower Of Cost Or Fair Value From Mortgage Loans Held For Sale At Fair Value
TransferToLoansHeldForSaleAtLowerOfCostOrFairValueFromMortgageLoansHeldForSaleAtFairValue
|
0 | USD | |
ocn |
Transfer To Loans Held For Sale At Lower Of Cost Or Fair Value From Mortgage Loans Held For Sale At Fair Value
TransferToLoansHeldForSaleAtLowerOfCostOrFairValueFromMortgageLoansHeldForSaleAtFairValue
|
2866000 | USD | |
ocn |
Gain Losson Saleof Mortgage Loans Heldforsaleat Lower Costor Fair Value
GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue
|
1615000 | USD | |
ocn |
Gain Losson Saleof Mortgage Loans Heldforsaleat Lower Costor Fair Value
GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue
|
1815000 | USD | |
ocn |
Increase Decreasein Valuation Allowanceof Mortgage Loans Heldforsaleat Lower Costor Fair Value
IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue
|
243000 | USD | |
ocn |
Increase Decreasein Valuation Allowanceof Mortgage Loans Heldforsaleat Lower Costor Fair Value
IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue
|
1512000 | USD | |
ocn |
Other Adjustmentsto Mortgage Loans Heldforsaleat Lower Costor Fair Value
OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue
|
4714000 | USD | |
ocn |
Other Adjustmentsto Mortgage Loans Heldforsaleat Lower Costor Fair Value
OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue
|
9206000 | USD | |
CY2020Q2 | ocn |
Loans Held For Sale At Lower Of Cost Or Fair Value
LoansHeldForSaleAtLowerOfCostOrFairValue
|
25480000 | USD |
CY2019Q2 | ocn |
Loans Held For Sale At Lower Of Cost Or Fair Value
LoansHeldForSaleAtLowerOfCostOrFairValue
|
60380000 | USD |
CY2020Q2 | ocn |
Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
|
9128000 | USD |
CY2019Q2 | ocn |
Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
|
816000 | USD |
ocn |
Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
|
15689000 | USD | |
ocn |
Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
|
1644000 | USD | |
CY2020Q2 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
30545000 | USD |
CY2019Q2 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
8830000 | USD |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
45366000 | USD | |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
20640000 | USD | |
CY2020Q2 | ocn |
Gain Loss On Interest Rate Derivative Instruments
GainLossOnInterestRateDerivativeInstruments
|
6334000 | USD |
CY2019Q2 | ocn |
Gain Loss On Interest Rate Derivative Instruments
GainLossOnInterestRateDerivativeInstruments
|
45000 | USD |
ocn |
Gain Loss On Interest Rate Derivative Instruments
GainLossOnInterestRateDerivativeInstruments
|
12048000 | USD | |
ocn |
Gain Loss On Interest Rate Derivative Instruments
GainLossOnInterestRateDerivativeInstruments
|
-296000 | USD | |
CY2020Q2 | ocn |
Change In Fair Value Of Mortgage Loans Held For Sale
ChangeInFairValueOfMortgageLoansHeldForSale
|
147000 | USD |
CY2019Q2 | ocn |
Change In Fair Value Of Mortgage Loans Held For Sale
ChangeInFairValueOfMortgageLoansHeldForSale
|
468000 | USD |
ocn |
Change In Fair Value Of Mortgage Loans Held For Sale
ChangeInFairValueOfMortgageLoansHeldForSale
|
306000 | USD | |
ocn |
Change In Fair Value Of Mortgage Loans Held For Sale
ChangeInFairValueOfMortgageLoansHeldForSale
|
326000 | USD | |
CY2020Q2 | us-gaap |
Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
|
-3128000 | USD |
CY2019Q2 | us-gaap |
Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
|
-968000 | USD |
us-gaap |
Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
|
-10320000 | USD | |
us-gaap |
Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
|
-3238000 | USD | |
CY2020Q2 | us-gaap |
Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
|
-351000 | USD |
CY2019Q2 | us-gaap |
Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
|
-57000 | USD |
us-gaap |
Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
|
-522000 | USD | |
us-gaap |
Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
|
-132000 | USD | |
CY2020Q2 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
33547000 | USD |
CY2019Q2 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
8318000 | USD |
us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
46878000 | USD | |
us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
17300000 | USD | |
CY2020Q2 | ocn |
Advances Payments On Behalf Of Borrower Gross
AdvancesPaymentsOnBehalfOfBorrowerGross
|
908829000 | USD |
CY2019Q4 | ocn |
Advances Payments On Behalf Of Borrower Gross
AdvancesPaymentsOnBehalfOfBorrowerGross
|
1066448000 | USD |
CY2020Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
7820000 | USD |
CY2019Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
9925000 | USD |
CY2020Q2 | ocn |
Advances Payments On Behalf Of Borrower Net Of Valuation Allowance
AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance
|
901009000 | USD |
CY2019Q4 | ocn |
Advances Payments On Behalf Of Borrower Net Of Valuation Allowance
AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance
|
1056523000 | USD |
CY2019Q4 | ocn |
Advances Payments On Behalf Of Borrower
AdvancesPaymentsOnBehalfOfBorrower
|
1056523000 | USD |
CY2018Q4 | ocn |
Advances Payments On Behalf Of Borrower
AdvancesPaymentsOnBehalfOfBorrower
|
1186676000 | USD |
ocn |
Advances Paymentson Behalfof Borrower Asset Acquisitions
AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions
|
0 | USD | |
ocn |
Advances Paymentson Behalfof Borrower Asset Acquisitions
AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions
|
688000 | USD | |
ocn |
Advances Payments On Behalf Of Borrower Increase
AdvancesPaymentsOnBehalfOfBorrowerIncrease
|
469028000 | USD | |
ocn |
Advances Payments On Behalf Of Borrower Increase
AdvancesPaymentsOnBehalfOfBorrowerIncrease
|
254000000 | USD | |
ocn |
Advances Paymentson Behalfof Borrower Sales
AdvancesPaymentsonBehalfofBorrowerSales
|
454000 | USD | |
ocn |
Advances Paymentson Behalfof Borrower Sales
AdvancesPaymentsonBehalfofBorrowerSales
|
707000 | USD | |
ocn |
Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net
AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet
|
626193000 | USD | |
ocn |
Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net
AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet
|
331764000 | USD | |
ocn |
Advances Payments On Behalfof Borrowers Collection Of Advances Decrease
AdvancesPaymentsOnBehalfofBorrowersCollectionOfAdvancesDecrease
|
2105000 | USD | |
ocn |
Advances Payments On Behalfof Borrowers Collection Of Advances Decrease
AdvancesPaymentsOnBehalfofBorrowersCollectionOfAdvancesDecrease
|
-4394000 | USD | |
CY2020Q2 | ocn |
Advances Payments On Behalf Of Borrower
AdvancesPaymentsOnBehalfOfBorrower
|
901009000 | USD |
CY2019Q2 | ocn |
Advances Payments On Behalf Of Borrower
AdvancesPaymentsOnBehalfOfBorrower
|
1104499000 | USD |
CY2020Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
7373000 | USD |
CY2019Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
23135000 | USD |
CY2019Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
9925000 | USD |
CY2018Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
23259000 | USD |
CY2020Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
|
4532000 | USD |
CY2019Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
|
2041000 | USD |
us-gaap |
Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
|
3771000 | USD | |
us-gaap |
Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
|
3803000 | USD | |
ocn |
Financing Receivable Allowance For Credit Loss Writeoffs And Other
FinancingReceivableAllowanceForCreditLossWriteoffsAndOther
|
5876000 | USD | |
ocn |
Financing Receivable Allowance For Credit Loss Writeoffs And Other
FinancingReceivableAllowanceForCreditLossWriteoffsAndOther
|
-591000 | USD | |
CY2020Q2 | ocn |
Financing Receivable Allowance For Credit Loss Writeoffs And Other
FinancingReceivableAllowanceForCreditLossWriteoffsAndOther
|
4085000 | USD |
CY2019Q2 | ocn |
Financing Receivable Allowance For Credit Loss Writeoffs And Other
FinancingReceivableAllowanceForCreditLossWriteoffsAndOther
|
-2477000 | USD |
CY2020Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
7820000 | USD |
CY2019Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
27653000 | USD |
CY2020Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
7820000 | USD |
CY2019Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
27653000 | USD |
CY2020Q1 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
1050228000 | USD |
CY2019Q1 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
1400191000 | USD |
CY2020Q2 | us-gaap |
Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
|
51000 | USD |
CY2019Q2 | us-gaap |
Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
|
3000 | USD |
CY2020Q2 | ocn |
Servicing Assets At Fair Value Additions Recognized From Mortgage Sales
ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales
|
9128000 | USD |
CY2019Q2 | ocn |
Servicing Assets At Fair Value Additions Recognized From Mortgage Sales
ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales
|
1188000 | USD |
CY2020Q2 | us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
15255000 | USD |
CY2019Q2 | us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
59979000 | USD |
CY2020Q2 | us-gaap |
Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
|
1307000 | USD |
CY2019Q2 | us-gaap |
Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
|
-1454000 | USD |
CY2020Q2 | us-gaap |
Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
|
-249000 | USD |
CY2019Q2 | us-gaap |
Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
|
94820000 | USD |
CY2020Q2 | us-gaap |
Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
|
31202000 | USD |
CY2019Q2 | us-gaap |
Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
|
52448000 | USD |
CY2020Q2 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
1044914000 | USD |
CY2019Q2 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
1312633000 | USD |
CY2019Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
1486395000 | USD |
CY2018Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
1457149000 | USD |
us-gaap |
Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
|
107000 | USD | |
us-gaap |
Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
|
570000 | USD | |
ocn |
Servicing Assets At Fair Value Additions Recognized From Mortgage Sales
ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales
|
15689000 | USD | |
ocn |
Servicing Assets At Fair Value Additions Recognized From Mortgage Sales
ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales
|
2698000 | USD | |
us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
46745000 | USD | |
us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
114389000 | USD | |
us-gaap |
Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
|
-263443000 | USD | |
us-gaap |
Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
|
-4767000 | USD | |
us-gaap |
Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
|
156495000 | USD | |
us-gaap |
Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
|
159093000 | USD | |
us-gaap |
Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
|
83870000 | USD | |
us-gaap |
Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
|
97173000 | USD | |
CY2020Q2 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
1044914000 | USD |
CY2019Q2 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
1312633000 | USD |
CY2020Q2 | ocn |
Loans Serviced Servicing
LoansServicedServicing
|
70463896000 | USD |
CY2019Q4 | ocn |
Loans Serviced Servicing
LoansServicedServicing
|
70428208000 | USD |
CY2019Q2 | ocn |
Loans Serviced Servicing
LoansServicedServicing
|
74320255000 | USD |
CY2020Q2 | ocn |
Loans Serviced Reverse Mortgage
LoansServicedReverseMortgage
|
6521219000 | USD |
CY2019Q4 | ocn |
Loans Serviced Reverse Mortgage
LoansServicedReverseMortgage
|
6229724000 | USD |
CY2019Q2 | ocn |
Loans Serviced Reverse Mortgage
LoansServicedReverseMortgage
|
5820873000 | USD |
CY2020Q2 | ocn |
Loans Serviced Subservicing
LoansServicedSubservicing
|
20007180000 | USD |
CY2019Q4 | ocn |
Loans Serviced Subservicing
LoansServicedSubservicing
|
17120905000 | USD |
CY2019Q2 | ocn |
Loans Serviced Subservicing
LoansServicedSubservicing
|
27432019000 | USD |
CY2020Q2 | ocn |
Servicing Portfolio Of Loans For Which Rights To Mortgage Servicing Rights Sold
ServicingPortfolioOfLoansForWhichRightsToMortgageServicingRightsSold
|
109020760000 | USD |
CY2019Q4 | ocn |
Servicing Portfolio Of Loans For Which Rights To Mortgage Servicing Rights Sold
ServicingPortfolioOfLoansForWhichRightsToMortgageServicingRightsSold
|
118587594000 | USD |
CY2019Q2 | ocn |
Servicing Portfolio Of Loans For Which Rights To Mortgage Servicing Rights Sold
ServicingPortfolioOfLoansForWhichRightsToMortgageServicingRightsSold
|
121709898000 | USD |
CY2020Q2 | ocn |
Assets Serviced
AssetsServiced
|
206013055000 | USD |
CY2019Q4 | ocn |
Assets Serviced
AssetsServiced
|
212366431000 | USD |
CY2019Q2 | ocn |
Assets Serviced
AssetsServiced
|
229283045000 | USD |
CY2020Q2 | ocn |
Unpaid Principal Balance Of Portfolio Of Loans Acquired
UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired
|
5700000000 | USD |
CY2019Q2 | ocn |
Unpaid Principal Balance Of Portfolio Of Loans Acquired
UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired
|
10800000000 | USD |
us-gaap |
Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
|
41700000 | USD | |
us-gaap |
Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
|
100100000 | USD | |
CY2020Q2 | us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
52336000 | USD |
CY2019Q2 | us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
55387000 | USD |
us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
107745000 | USD | |
us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
108569000 | USD | |
CY2020Q2 | ocn |
Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
|
10630000 | USD |
CY2019Q2 | ocn |
Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
|
4203000 | USD |
ocn |
Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
|
15820000 | USD | |
ocn |
Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
|
10410000 | USD | |
CY2020Q2 | ocn |
Servicing Fee Collected On Behalf Of Counterparty
ServicingFeeCollectedOnBehalfOfCounterparty
|
88405000 | USD |
CY2019Q2 | ocn |
Servicing Fee Collected On Behalf Of Counterparty
ServicingFeeCollectedOnBehalfOfCounterparty
|
141091000 | USD |
ocn |
Servicing Fee Collected On Behalf Of Counterparty
ServicingFeeCollectedOnBehalfOfCounterparty
|
208073000 | USD | |
ocn |
Servicing Fee Collected On Behalf Of Counterparty
ServicingFeeCollectedOnBehalfOfCounterparty
|
296938000 | USD | |
CY2020Q2 | ocn |
Contractually Specified Servicing And Subservicing Fees Amount Total
ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal
|
151371000 | USD |
CY2019Q2 | ocn |
Contractually Specified Servicing And Subservicing Fees Amount Total
ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal
|
200681000 | USD |
ocn |
Contractually Specified Servicing And Subservicing Fees Amount Total
ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal
|
331638000 | USD | |
ocn |
Contractually Specified Servicing And Subservicing Fees Amount Total
ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal
|
415917000 | USD | |
CY2020Q2 | us-gaap |
Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
12672000 | USD |
CY2019Q2 | us-gaap |
Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
13242000 | USD |
us-gaap |
Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
27311000 | USD | |
us-gaap |
Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
28682000 | USD | |
CY2020Q2 | ocn |
Float Earnings Earned In Exchange For Servicing Financial Assets
FloatEarningsEarnedInExchangeForServicingFinancialAssets
|
1590000 | USD |
CY2019Q2 | ocn |
Float Earnings Earned In Exchange For Servicing Financial Assets
FloatEarningsEarnedInExchangeForServicingFinancialAssets
|
13341000 | USD |
ocn |
Float Earnings Earned In Exchange For Servicing Financial Assets
FloatEarningsEarnedInExchangeForServicingFinancialAssets
|
7731000 | USD | |
ocn |
Float Earnings Earned In Exchange For Servicing Financial Assets
FloatEarningsEarnedInExchangeForServicingFinancialAssets
|
25275000 | USD | |
CY2020Q2 | ocn |
Loan Collection Fees Earned In Exchange For Servicing Financial Assets
LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets
|
2744000 | USD |
CY2019Q2 | ocn |
Loan Collection Fees Earned In Exchange For Servicing Financial Assets
LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets
|
3401000 | USD |
ocn |
Loan Collection Fees Earned In Exchange For Servicing Financial Assets
LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets
|
7000000 | USD | |
ocn |
Loan Collection Fees Earned In Exchange For Servicing Financial Assets
LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets
|
7750000 | USD | |
CY2020Q2 | ocn |
Loan Modification Program Fees Earned In Exchange For Servicing Financial Assets
LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets
|
20000 | USD |
CY2019Q2 | ocn |
Loan Modification Program Fees Earned In Exchange For Servicing Financial Assets
LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets
|
1565000 | USD |
ocn |
Loan Modification Program Fees Earned In Exchange For Servicing Financial Assets
LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets
|
428000 | USD | |
ocn |
Loan Modification Program Fees Earned In Exchange For Servicing Financial Assets
LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets
|
3342000 | USD | |
CY2020Q2 | us-gaap |
Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
6843000 | USD |
CY2019Q2 | us-gaap |
Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
7730000 | USD |
us-gaap |
Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
12615000 | USD | |
us-gaap |
Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
15610000 | USD | |
CY2020Q2 | us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
175240000 | USD |
CY2019Q2 | us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
239960000 | USD |
us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
386723000 | USD | |
us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
496576000 | USD | |
CY2020Q2 | us-gaap |
Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
|
1900000000 | USD |
CY2019Q4 | us-gaap |
Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
|
1700000000 | USD |
CY2019Q2 | us-gaap |
Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
|
2000000000.0 | USD |
CY2020Q1 | ocn |
Financing Liability At Fair Value
FinancingLiabilityAtFairValue
|
601684000 | USD |
CY2020Q2 | ocn |
Runoff Settlements And Other Financing Liability
RunoffSettlementsAndOtherFinancingLiability
|
0 | USD |
CY2020Q2 | ocn |
Financing Liability At Fair Value
FinancingLiabilityAtFairValue
|
582558000 | USD |
CY2019Q1 | ocn |
Financing Liability At Fair Value
FinancingLiabilityAtFairValue
|
951216000 | USD |
CY2019Q2 | us-gaap |
Servicing Liability At Fair Value Additions
ServicingLiabilityAtFairValueAdditions
|
299000 | USD |
CY2019Q2 | ocn |
Financing Liability At Fair Value
FinancingLiabilityAtFairValue
|
844913000 | USD |
CY2019Q4 | ocn |
Financing Liability At Fair Value
FinancingLiabilityAtFairValue
|
950593000 | USD |
CY2020Q2 | ocn |
Financing Liability At Fair Value
FinancingLiabilityAtFairValue
|
582558000 | USD |
CY2018Q4 | ocn |
Financing Liability At Fair Value
FinancingLiabilityAtFairValue
|
1032856000 | USD |
us-gaap |
Servicing Liability At Fair Value Additions
ServicingLiabilityAtFairValueAdditions
|
876000 | USD | |
CY2019Q2 | ocn |
Financing Liability At Fair Value
FinancingLiabilityAtFairValue
|
844913000 | USD |
CY2017Q3 | ocn |
Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing
ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing
|
54600000 | USD |
CY2018Q1 | ocn |
Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing
ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing
|
279600000 | USD |
CY2020Q2 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
71400000000 | USD |
CY2017Q2 | ocn |
Initial Term To Subservice Mortgage Servicing Rights
InitialTermToSubserviceMortgageServicingRights
|
P3Y | |
CY2020Q2 | ocn |
Servicing Receivable Government Insured Loan Claims
ServicingReceivableGovernmentInsuredLoanClaims
|
123781000 | USD |
CY2019Q4 | ocn |
Servicing Receivable Government Insured Loan Claims
ServicingReceivableGovernmentInsuredLoanClaims
|
122557000 | USD |
CY2020Q2 | ocn |
Amount Due On Sales Of Mortgage Servicing Rights And Advances
AmountDueOnSalesOfMortgageServicingRightsAndAdvances
|
0 | USD |
CY2019Q4 | ocn |
Amount Due On Sales Of Mortgage Servicing Rights And Advances
AmountDueOnSalesOfMortgageServicingRightsAndAdvances
|
24167000 | USD |
CY2020Q2 | ocn |
Counter Party Receivables
CounterPartyReceivables
|
1160000 | USD |
CY2019Q4 | ocn |
Counter Party Receivables
CounterPartyReceivables
|
9197000 | USD |
CY2020Q2 | ocn |
Servicing Receivable Reimbursable Expenses
ServicingReceivableReimbursableExpenses
|
6925000 | USD |
CY2019Q4 | ocn |
Servicing Receivable Reimbursable Expenses
ServicingReceivableReimbursableExpenses
|
13052000 | USD |
CY2020Q2 | ocn |
Servicing Receivable Due From Custodial Accounts
ServicingReceivableDueFromCustodialAccounts
|
18511000 | USD |
CY2019Q4 | ocn |
Servicing Receivable Due From Custodial Accounts
ServicingReceivableDueFromCustodialAccounts
|
27175000 | USD |
CY2020Q2 | ocn |
Servicing Receivable Other
ServicingReceivableOther
|
2475000 | USD |
CY2019Q4 | ocn |
Servicing Receivable Other
ServicingReceivableOther
|
4970000 | USD |
CY2020Q2 | ocn |
Servicing Receivable Net
ServicingReceivableNet
|
152852000 | USD |
CY2019Q4 | ocn |
Servicing Receivable Net
ServicingReceivableNet
|
201118000 | USD |
CY2020Q2 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
110142000 | USD |
CY2019Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
37888000 | USD |
CY2020Q2 | ocn |
Other Receivables Net
OtherReceivablesNet
|
39004000 | USD |
CY2019Q4 | ocn |
Other Receivables Net
OtherReceivablesNet
|
20086000 | USD |
CY2020Q2 | ocn |
Other Receivables Gross
OtherReceivablesGross
|
301998000 | USD |
CY2019Q4 | ocn |
Other Receivables Gross
OtherReceivablesGross
|
259092000 | USD |
CY2020Q2 | ocn |
Other Receivables Allowance For Losses
OtherReceivablesAllowanceForLosses
|
54382000 | USD |
CY2019Q4 | ocn |
Other Receivables Allowance For Losses
OtherReceivablesAllowanceForLosses
|
57872000 | USD |
CY2020Q2 | us-gaap |
Other Receivables
OtherReceivables
|
247616000 | USD |
CY2019Q4 | us-gaap |
Other Receivables
OtherReceivables
|
201220000 | USD |
CY2020Q2 | us-gaap |
Pledged Assets Separately Reported Loans Pledged For Repurchase Agreements At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedForRepurchaseAgreementsAtFairValue
|
614447000 | USD |
CY2019Q4 | us-gaap |
Pledged Assets Separately Reported Loans Pledged For Repurchase Agreements At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedForRepurchaseAgreementsAtFairValue
|
492900000 | USD |
CY2020Q2 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
22852000 | USD |
CY2019Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
6007000 | USD |
CY2020Q2 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
17692000 | USD |
CY2019Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
21996000 | USD |
CY2020Q2 | us-gaap |
Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
|
15173000 | USD |
CY2019Q4 | us-gaap |
Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
|
15173000 | USD |
CY2020Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
13214000 | USD |
CY2019Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
8647000 | USD |
CY2020Q2 | us-gaap |
Other Real Estate
OtherRealEstate
|
7469000 | USD |
CY2019Q4 | us-gaap |
Other Real Estate
OtherRealEstate
|
8556000 | USD |
CY2020Q2 | us-gaap |
Deposits Assets
DepositsAssets
|
2141000 | USD |
CY2019Q4 | us-gaap |
Deposits Assets
DepositsAssets
|
2163000 | USD |
CY2020Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
1742000 | USD |
CY2019Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
2169000 | USD |
CY2020Q2 | us-gaap |
Mortgage Backed Securities Held To Maturity Fair Value Disclosure
MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure
|
1726000 | USD |
CY2019Q4 | us-gaap |
Mortgage Backed Securities Held To Maturity Fair Value Disclosure
MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure
|
2075000 | USD |
CY2020Q2 | us-gaap |
Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
|
369000 | USD |
CY2019Q4 | us-gaap |
Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
|
390000 | USD |
CY2020Q2 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
3657000 | USD |
CY2019Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
3164000 | USD |
CY2020Q2 | us-gaap |
Other Assets
OtherAssets
|
700482000 | USD |
CY2019Q4 | us-gaap |
Other Assets
OtherAssets
|
563240000 | USD |
CY2020Q2 | us-gaap |
Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
|
0 | USD |
CY2020Q2 | ocn |
Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
|
6477616000 | USD |
CY2019Q4 | ocn |
Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
|
6063435000 | USD |
CY2020Q2 | ocn |
Other Financing Liabilities
OtherFinancingLiabilities
|
594222000 | USD |
CY2019Q4 | ocn |
Other Financing Liabilities
OtherFinancingLiabilities
|
972595000 | USD |
CY2020Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
7071838000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
7036030000 | USD |
CY2020Q2 | ocn |
Debt Instrument Covenant Compliance Consolidated Tangible Net Worthat Period End
DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd
|
200000000.0 | USD |
CY2020Q2 | ocn |
Debt Instrument Covenant Complianceon Repurchaseof Securitiesand Prepaymentof Junior Debt
DebtInstrumentCovenantComplianceonRepurchaseofSecuritiesandPrepaymentofJuniorDebt
|
10000000.0 | USD |
CY2020Q2 | us-gaap |
Cash
Cash
|
313736000 | USD |
CY2020Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
63813000 | USD |
CY2020Q2 | us-gaap |
Servicing Asset
ServicingAsset
|
1044914000 | USD |
CY2020Q2 | ocn |
Advances
Advances
|
901009000 | USD |
CY2020Q2 | us-gaap |
Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
|
278517000 | USD |
CY2020Q2 | us-gaap |
Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
|
6730656000 | USD |
CY2020Q2 | us-gaap |
Other Receivables
OtherReceivables
|
247616000 | USD |
CY2020Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
29695000 | USD |
CY2020Q2 | us-gaap |
Other Assets
OtherAssets
|
700482000 | USD |
CY2020Q2 | us-gaap |
Assets
Assets
|
10310438000 | USD |
CY2020Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
5662257 | shares |
CY2020Q1 | ocn |
Stock Repurchased During Period Value Before Commissions
StockRepurchasedDuringPeriodValueBeforeCommissions
|
4500000 | USD |
CY2020Q2 | us-gaap |
Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
614447000 | USD |
CY2019Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
492900000 | USD |
CY2020Q2 | ocn |
Remittance Of Advances And Servicing Fees
RemittanceOfAdvancesAndServicingFees
|
106295000 | USD |
CY2019Q4 | ocn |
Remittance Of Advances And Servicing Fees
RemittanceOfAdvancesAndServicingFees
|
63596000 | USD |
CY2020Q2 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
68967000 | USD |
CY2019Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
67241000 | USD |
CY2020Q2 | ocn |
Indemnification Obligations Liability
IndemnificationObligationsLiability
|
45601000 | USD |
CY2019Q4 | ocn |
Indemnification Obligations Liability
IndemnificationObligationsLiability
|
52785000 | USD |
CY2020Q2 | ocn |
Due To Servicing And Subservicing Investors
DueToServicingAndSubservicingInvestors
|
42383000 | USD |
CY2019Q4 | ocn |
Due To Servicing And Subservicing Investors
DueToServicingAndSubservicingInvestors
|
88167000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
39761000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
44488000 | USD |
CY2020Q2 | ocn |
Checks Held For Escheat
ChecksHeldForEscheat
|
30178000 | USD |
CY2019Q4 | ocn |
Checks Held For Escheat
ChecksHeldForEscheat
|
31959000 | USD |
CY2020Q2 | us-gaap |
Litigation Reserve Noncurrent
LitigationReserveNoncurrent
|
27801000 | USD |
CY2019Q4 | us-gaap |
Litigation Reserve Noncurrent
LitigationReserveNoncurrent
|
30663000 | USD |
CY2020Q2 | us-gaap |
Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
12626000 | USD |
CY2019Q4 | us-gaap |
Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
13383000 | USD |
CY2020Q2 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
10786000 | USD |
CY2019Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
17197000 | USD |
CY2020Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
7302000 | USD |
CY2019Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
5964000 | USD |
CY2020Q2 | us-gaap |
Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
|
5256000 | USD |
CY2019Q4 | us-gaap |
Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
|
5331000 | USD |
CY2020Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1033000 | USD |
CY2019Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
100000 | USD |
CY2020Q2 | us-gaap |
Loss Contingency Accrual Product Liability Net
LossContingencyAccrualProductLiabilityNet
|
0 | USD |
CY2019Q4 | us-gaap |
Loss Contingency Accrual Product Liability Net
LossContingencyAccrualProductLiabilityNet
|
6820000 | USD |
CY2020Q2 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
21930000 | USD |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
21579000 | USD |
CY2020Q2 | us-gaap |
Other Liabilities
OtherLiabilities
|
1034366000 | USD |
CY2019Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
942173000 | USD |
CY2020Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
5000000.0 | USD |
CY2020Q1 | ocn |
Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
|
0.79 | |
CY2020Q1 | us-gaap |
Payments For Commissions
PaymentsForCommissions
|
100000 | USD |
CY2020Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
500000 | USD |
CY2020Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-100000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-900000 | USD | |
CY2019Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-100000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
100000 | USD | |
CY2020Q2 | us-gaap |
Interest Expense
InterestExpense
|
26760000 | USD |
CY2019Q2 | us-gaap |
Interest Expense
InterestExpense
|
28641000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
56742000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
55130000 | USD | |
ocn |
Income Tax Expense Benefit Before Unusual Or Infrequent Item Or Both
IncomeTaxExpenseBenefitBeforeUnusualOrInfrequentItemOrBoth
|
5000000.0 | USD | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1954000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-89737000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-134231000 | USD | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
129769092 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
134465741 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
132313964 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
134193874 | shares | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-89737000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23535000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-134231000 | USD | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
129769092 | shares |
CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.67 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.18 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.00 | ||
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1954000 | USD |
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
134465741 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
132313964 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
134193874 | shares | |
CY2020Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2019Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
CY2020Q2 | ocn |
Incremental Common Shares Attributable To Common Stock Awards
IncrementalCommonSharesAttributableToCommonStockAwards
|
153251 | shares |
CY2019Q2 | ocn |
Incremental Common Shares Attributable To Common Stock Awards
IncrementalCommonSharesAttributableToCommonStockAwards
|
0 | shares |
ocn |
Incremental Common Shares Attributable To Common Stock Awards
IncrementalCommonSharesAttributableToCommonStockAwards
|
0 | shares | |
ocn |
Incremental Common Shares Attributable To Common Stock Awards
IncrementalCommonSharesAttributableToCommonStockAwards
|
0 | shares | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
129922343 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
134465741 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
132313964 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
134193874 | shares | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.67 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.18 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.00 | ||
CY2020Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3175931 | shares |
CY2019Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4107485 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3681157 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4126819 | shares | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1954000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-89737000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-134231000 | USD | |
CY2020Q2 | us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
0.23 | |
CY2019Q2 | us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
-10.01 | |
us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
-2.67 | ||
us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
-15.00 | ||
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1954000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-89737000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23535000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-134231000 | USD | |
CY2020Q2 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
0.23 | |
CY2019Q2 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-10.01 | |
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-2.67 | ||
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-15.00 | ||
CY2020Q2 | us-gaap |
Revenues
Revenues
|
227024000 | USD |
CY2020Q2 | us-gaap |
Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
|
23434000 | USD |
CY2020Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
144809000 | USD |
CY2020Q2 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
3566000 | USD |
CY2020Q2 | us-gaap |
Interest Expense
InterestExpense
|
26760000 | USD |
CY2020Q2 | us-gaap |
Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
|
41686000 | USD |
CY2020Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-57000 | USD |
CY2020Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-64937000 | USD |
CY2020Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6156000 | USD |
CY2019Q2 | us-gaap |
Revenues
Revenues
|
274338000 | USD |
CY2019Q2 | us-gaap |
Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
|
147268000 | USD |
CY2019Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
184226000 | USD |
CY2019Q2 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
3837000 | USD |
CY2019Q2 | us-gaap |
Interest Expense
InterestExpense
|
28641000 | USD |
CY2019Q2 | us-gaap |
Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
|
2930000 | USD |
CY2019Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
557000 | USD |
CY2019Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-27177000 | USD |
CY2019Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-84333000 | USD |
us-gaap |
Revenues
Revenues
|
480866000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
282023000 | USD | |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
8961000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
56742000 | USD | |
us-gaap |
Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
|
48280000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1271000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-94790000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-93501000 | USD | |
us-gaap |
Revenues
Revenues
|
578226000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
355333000 | USD | |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
8395000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
55130000 | USD | |
us-gaap |
Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
|
46886000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1577000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-92044000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-125417000 | USD | |
CY2020Q2 | us-gaap |
Assets
Assets
|
10310438000 | USD |
CY2019Q4 | us-gaap |
Assets
Assets
|
10406199000 | USD |
CY2019Q2 | us-gaap |
Assets
Assets
|
9627793000 | USD |
CY2020Q2 | us-gaap |
Depreciation
Depreciation
|
7096000 | USD |
CY2020Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-286000 | USD |
CY2020Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1805000 | USD |
CY2019Q2 | us-gaap |
Depreciation
Depreciation
|
11012000 | USD |
CY2019Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
350000 | USD |
CY2019Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
751000 | USD |
us-gaap |
Depreciation
Depreciation
|
11093000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
643000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3538000 | USD | |
us-gaap |
Depreciation
Depreciation
|
19563000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
701000 | USD | |
CY2020Q2 | us-gaap |
Capital
Capital
|
328800000 | USD |
CY2019Q2 | ocn |
Outstanding Amount Of Debt Forgiveness For Borrowers
OutstandingAmountOfDebtForgivenessForBorrowers
|
198000000.0 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1451000 | USD | |
CY2020Q2 | us-gaap |
Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
|
225400000 | USD |
ocn |
Advance Reimbursement Period
AdvanceReimbursementPeriod
|
P30D | ||
CY2020Q1 | ocn |
Cares Act Forbearance Period Covid19
CARESActForbearancePeriodCOVID19
|
P180D | |
CY2020Q1 | ocn |
Cares Act Additional Forbearance Period Covid19
CARESActAdditionalForbearancePeriodCOVID19
|
P180D | |
ocn |
Number Of Days From Fiscal Year End That Servicer Is Obliged To Provide Audited Financial Statements
NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements
|
P90D | ||
CY2020Q2 | ocn |
Number Of Borrowers Requesting Forbearance Plan No Advance Requirements
NumberOfBorrowersRequestingForbearancePlanNoAdvanceRequirements
|
5400 | Borrower |
CY2020Q1 | ocn |
Number Of Borrowers Requesting Forbearance Plan No Advance Requirements
NumberOfBorrowersRequestingForbearancePlanNoAdvanceRequirements
|
1300 | Borrower |
CY2020Q2 | ocn |
Number Of Borrowers Requesting Forbearance Plan
NumberOfBorrowersRequestingForbearancePlan
|
131400 | Borrower |
CY2020Q2 | us-gaap |
Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
|
135900000 | USD |
CY2020Q1 | ocn |
Number Of Borrowers Requesting Forbearance Plan
NumberOfBorrowersRequestingForbearancePlan
|
27500 | Borrower |
CY2020Q1 | us-gaap |
Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
|
29200000 | USD |
ocn |
Threshold Percentage Of Outstanding Principal Balance On Maximum Claim Amount
ThresholdPercentageOfOutstandingPrincipalBalanceOnMaximumClaimAmount
|
0.98 | ||
ocn |
Threshold Percentage Of Outstanding Principal Balance On Maximum Claim Amount
ThresholdPercentageOfOutstandingPrincipalBalanceOnMaximumClaimAmount
|
0.98 | ||
CY2019Q4 | ocn |
Home Equity Conversion Mortgage Backed Security Repurchases Outstanding
HomeEquityConversionMortgageBackedSecurityRepurchasesOutstanding
|
320 | Securities |
CY2019Q4 | ocn |
Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value
HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue
|
35693000 | USD |
ocn |
Additions To Home Equity Conversion Mortgage Backed Security Repurchases
AdditionsToHomeEquityConversionMortgageBackedSecurityRepurchases
|
268 | Securities | |
ocn |
Amountof Additions To Home Equity Conversion Mortgage Backed Security Repurchases Value
AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue
|
46244000 | USD | |
ocn |
Recoveries Related To Home Equity Conversion Mortgage Backed Security Repurchases
RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases
|
21 | Securities | |
ocn |
Recoveries Related To Home Equity Conversion Mortgage Backed Security Repurchases Value
RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue
|
-12460000 | USD | |
ocn |
Transfers Related To Home Equity Conversion Mortgage Backed Security Repurchases
TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases
|
0 | Securities | |
ocn |
Transfers Related To Home Equity Conversion Mortgage Backed Security Repurchases Value
TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue
|
0 | USD | |
ocn |
Change In Value Of Home Equity Conversion Mortgage Backed Security Repurchases
ChangeInValueOfHomeEquityConversionMortgageBackedSecurityRepurchases
|
0 | Securities | |
ocn |
Change In Value Of Home Equity Conversion Mortgage Backed Security Repurchases Value
ChangeInValueOfHomeEquityConversionMortgageBackedSecurityRepurchasesValue
|
-1799000 | USD | |
CY2020Q2 | ocn |
Home Equity Conversion Mortgage Backed Security Repurchases Outstanding
HomeEquityConversionMortgageBackedSecurityRepurchasesOutstanding
|
567 | Securities |
CY2020Q2 | ocn |
Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value
HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue
|
67678000 | USD |
ocn |
Number Of Maximum Claim Amount Repurchases Loans
NumberOfMaximumClaimAmountRepurchasesLoans
|
207 | Loan | |
ocn |
Amount Of Maximum Claim Amount Repurchases
AmountOfMaximumClaimAmountRepurchases
|
42300000 | USD | |
CY2020Q2 | us-gaap |
Servicing Asset
ServicingAsset
|
1000000000.0 | USD |
CY2020Q2 | ocn |
Servicing And Subservicing Fees
ServicingAndSubservicingFees
|
175200000 | USD |
ocn |
Servicing And Subservicing Fees
ServicingAndSubservicingFees
|
386700000 | USD | |
us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<div style="line-height:120%;padding-bottom:8px;padding-top:16px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:8px;padding-top:12px;padding-left:96px;text-indent:-96px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Note 21 – Contingencies</span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">When we become aware of a matter involving uncertainty for which we may incur a loss, we assess the likelihood of any loss. If a loss contingency is probable and the amount of the loss can be reasonably estimated, we record an accrual for the loss. In such cases, there may be an exposure to potential loss in excess of the amount accrued. Where a loss is not probable but is reasonably possible or where a loss in excess of the amount accrued is reasonably possible, we disclose an estimate of the amount of the loss or range of possible losses for the claim if a reasonable estimate can be made, unless the amount of such reasonably possible loss is not material to our financial position, results of operations or cash flows. If a reasonable estimate of loss cannot be made, we do not accrue for any loss or disclose any estimate of exposure to potential loss even if the potential loss could be material and adverse to our business, reputation, financial condition and results of operations. An assessment regarding the ultimate outcome of any such matter involves judgments about future events, actions and circumstances that are inherently uncertain. The actual outcome could differ materially. Where we have retained external legal counsel or other professional advisers, such advisers assist us in making such assessments. </span></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Litigation</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In the ordinary course of business, we are a defendant in, or a party or potential party to, many threatened and pending legal proceedings, including proceedings brought by regulatory agencies (discussed further under “Regulatory” below), those brought on behalf of various classes of claimants, and those brought derivatively on behalf of Ocwen against certain current or former officers and directors or others. In addition, we may be a party or potential party to threatened or pending legal proceedings brought by commercial counterparties, including claims by parties to whom we have sold MSRs or other assets, parties on whose behalf we service mortgage loans, and parties who provide ancillary services including property preservation and other post-foreclosure related services.</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The majority of these proceedings are based on alleged violations of federal, state and local laws and regulations governing our mortgage servicing and lending activities, including, among others, the Dodd-Frank Act, the Gramm-Leach-Bliley Act, the FDCPA, the RESPA, the TILA, the Fair Credit Reporting Act, the Servicemembers Civil Relief Act, the Homeowners Protection Act, the Federal Trade Commission Act, the TCPA, the Equal Credit Opportunity Act, as well as individual state licensing and foreclosure laws and federal and local bankruptcy rules. Such proceedings include wrongful foreclosure and eviction actions, allegations of wrongdoing in connection with lender-placed insurance and mortgage reinsurance arrangements, claims relating to our property preservation activities, claims related to REO management, claims relating to our written and telephonic communications with our borrowers such as claims under the TCPA, claims related to our payment, escrow and other processing operations, claims relating to fees imposed on borrowers relating to payment processing, payment facilitation or payment convenience, claims related to ancillary products marketed and sold to borrowers, and claims regarding certifications of our legal compliance related to our participation in certain government programs. In some of these proceedings, claims for substantial monetary damages are asserted against us. For example, we are currently a defendant in various matters alleging that (1) certain fees imposed on borrowers relating to payment processing, payment facilitation or payment convenience violate the FDCPA and similar state laws, (2) certain fees we assess on borrowers are marked up improperly in violation of applicable state and federal law, (3) we breached fiduciary duties we purportedly owe to benefit plans due to the discretion we exercise in servicing certain securitized mortgage loans and (4) certain legacy mortgage reinsurance arrangements violated RESPA. In the future, we are likely to become subject to other private legal proceedings alleging failures to comply with applicable laws and regulations, including putative class actions, in the ordinary course of our business.</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In view of the inherent difficulty of predicting the outcome of any threatened or pending legal proceedings, particularly where the claimants seek very large or indeterminate damages, including punitive damages, or where the matters present novel legal theories or involve a large number of parties, we generally cannot predict what the eventual outcome of such proceedings will be, what the timing of the ultimate resolution will be, or what the eventual loss, if any, will be. Any material adverse resolution could materially and adversely affect our business, reputation, financial condition, liquidity and results of operations.</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Where we determine that a loss contingency is probable in connection with a pending or threatened legal proceeding and the amount of our loss can be reasonably estimated, we record an accrual for the loss. We have accrued for losses relating to threatened and pending litigation that we believe are probable and reasonably estimable based on current information regarding these matters. Where we determine that a loss is not probable but is reasonably possible or where a loss in excess of the amount accrued is reasonably possible, we disclose an estimate of the amount of the loss or range of possible losses for the claim if a reasonable estimate can be made, unless the amount of such reasonably possible loss is not material to our financial position, </span></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">results of operations or cash flows. It is possible that we will incur losses relating to threatened and pending litigation that materially exceed the amount accrued. Our accrual for probable and estimable legal and regulatory matters, including accrued legal fees, was </span><span style="font-family:inherit;font-size:10pt;"><span>$27.8 million</span></span><span style="font-family:inherit;font-size:10pt;"> at </span><span style="font-family:inherit;font-size:10pt;">June 30, 2020</span><span style="font-family:inherit;font-size:10pt;">. We cannot currently estimate the amount, if any, of reasonably possible losses above amounts that have been recorded at </span><span style="font-family:inherit;font-size:10pt;">June 30, 2020</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen is involved in a TCPA class action that involves claims against trustees of RMBS trusts based on vicarious liability for Ocwen’s alleged non-compliance with the TCPA. The trustees have sought indemnification from Ocwen based on the vicarious liability claims. Additional lawsuits have been and may be filed against us in relation to our TCPA compliance. At this time, Ocwen is unable to predict the outcome of existing lawsuits or any additional lawsuits that may be filed, the possible loss or range of loss, if any, above the amount accrued or the potential impact such lawsuits may have on us or our operations. Ocwen intends to vigorously defend against these lawsuits. If our efforts to defend these lawsuits are not successful, our business, reputation, financial condition, liquidity and results of operations could be materially and adversely affected. </span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">From time to time we are also subject to indemnification claims from contractual parties on whose behalf we service or subservice loans. We are currently involved in a dispute with a former subservicing client relating to alleged violations of our contractual agreements, including that we did not properly submit mortgage insurance and other claims for reimbursement. Ocwen has contested these allegations. We are presently engaged in a dispute resolution process relating to these claims. Ocwen is currently unable to predict the outcome of this dispute or estimate the size of any loss which could result from a potential resolution reached through mediation, following litigation or otherwise.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Over the past several years, lawsuits have been filed by RMBS trust investors alleging that the trustees and master servicers breached their contractual and statutory duties by (i) failing to require loan servicers to abide by their contractual obligations; (ii) failing to declare that certain alleged servicing events of default under the applicable contracts occurred; and (iii) failing to demand that loan sellers repurchase allegedly defective loans, among other things. Ocwen has received several letters from trustees and master servicers purporting to put Ocwen on notice that the trustees and master servicers may ultimately seek indemnification from Ocwen in connection with the litigations. Ocwen has not yet been impleaded into any of these cases, but it has produced and continues to produce documents to the parties in response to third-party subpoenas.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen has, however, been impleaded as a third-party defendant into five consolidated loan repurchase cases first filed against Nomura Credit & Capital, Inc. in 2012 and 2013. Ocwen is vigorously defending itself in those cases against allegations by the mortgage loan seller-defendant that Ocwen failed to inform its contractual counterparties that it had discovered defective loans in the course of servicing them and had otherwise failed to service the loans in accordance with accepted standards. Ocwen is unable at this time to predict the ultimate outcome of these matters, the possible loss or range of loss, if any, associated with the resolution of these matters or any potential impact they may have on us or our operations. If, however, we were required to compensate claimants for losses related to the alleged loan servicing breaches, then our business, reputation, financial condition, liquidity and results of operations could be adversely affected.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In addition, several RMBS trustees have received notices of default alleging material failures by servicers to comply with applicable servicing agreements. Although Ocwen has not yet been sued by an RMBS trustee in response to a notice of default, there is a risk that Ocwen could be replaced as servicer as a result of said notices, that the trustees could take legal action on behalf of the trust certificate holders, or, under certain circumstances, that the RMBS investors who issue notices of default could seek to press their allegations against Ocwen, independent of the trustees. We are unable at this time to predict what, if any, actions any trustee will take in response to a notice of default, nor can we predict at this time the potential loss or range of loss, if any, associated with the resolution of any notices of default or the potential impact on our operations. If Ocwen were to be terminated as servicer, or other related legal actions were pursued against Ocwen, it could have an adverse effect on Ocwen’s business, reputation, financial condition, liquidity and results of operations.</span></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Regulatory </span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:11pt;"><span style="font-family:inherit;font-size:10pt;">We are subject to a number of ongoing federal and state regulatory examinations, consent orders, inquiries, subpoenas, civil investigative demands,</span><span style="font-family:inherit;font-size:11pt;"> </span><span style="font-family:inherit;font-size:10pt;">requests for information and other actions. Where we determine that a loss contingency is probable in connection with a regulatory matter and the amount of our loss can be reasonably estimated, we record an accrual for the loss. Where we determine that a loss is not probable but is reasonably possible or where a loss in excess of the amount accrued is reasonably possible, we disclose an estimate of the amount of the loss or range of possible losses for the claim if a reasonable estimate can be made, unless the amount of such reasonably possible loss is not material to our financial position, results of operations or cash flows. It is possible that we will incur losses relating to regulatory matters that materially exceed any accrued amount. Predicting the outcome of any regulatory matter is inherently difficult and we generally cannot predict the eventual outcome of any regulatory matter or the eventual loss, if any, associated with the outcome.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">To the extent that an examination, audit or other regulatory engagement results in an alleged failure by us to comply with applicable laws, regulations or licensing requirements, or if allegations are made that we have failed to comply with applicable laws, regulations or licensing requirements or the commitments we have made in connection with our regulatory settlements </span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(whether such allegations are made through administrative actions such as cease and desist orders, through legal proceedings or otherwise) or if other regulatory actions of a similar or different nature are taken in the future against us, this could lead to (i) administrative fines and penalties and litigation, (ii) loss of our licenses and approvals to engage in our servicing and lending businesses, (iii) governmental investigations and enforcement actions, (iv) civil and criminal liability, including class action lawsuits and actions to recover incentive and other payments made by governmental entities, (v) breaches of covenants and representations under our servicing, debt or other agreements, (vi) damage to our reputation, (vii) inability to raise capital or otherwise fund our operations and (viii) inability to execute on our business strategy. Any of these occurrences could increase our operating expenses and reduce our revenues, hamper our ability to grow or otherwise materially and adversely affect our business, reputation, financial condition, liquidity and results of operations.</span></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">CFPB </span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In April 2017, the CFPB filed a lawsuit in the federal district court for the Southern District of Florida against Ocwen, Ocwen Mortgage Servicing, Inc. (OMS) and OLS alleging violations of federal consumer financial laws relating to our servicing business dating back to 2014. The CFPB’s claims include allegations regarding (1) the adequacy of Ocwen’s servicing system and integrity of Ocwen’s mortgage servicing data, (2) Ocwen’s foreclosure practices and (3) various purported servicer errors with respect to borrower escrow accounts, hazard insurance policies, timely cancellation of private mortgage insurance, handling of customer complaints, and marketing of optional products. The CFPB alleges violations of laws prohibiting unfair, deceptive or abusive acts or practices, as well as violations of other laws or regulations. The CFPB does not claim specific monetary damages, although it does seek consumer relief, disgorgement of allegedly improper gains, and civil money penalties. We believe we have factual and legal defenses to the CFPB’s allegations and are vigorously defending ourselves. In September 2019, the court issued a ruling on our motion to dismiss, granting it in part and denying it in part. The court granted our motion dismissing the entire complaint without prejudice because the court found that the CFPB engaged in impermissible “shotgun pleading,” holding that the CFPB must amend its complaint to specifically allege and distinguish the facts between all claims. The CFPB filed an amended complaint in October 2019, and we filed our answer and affirmative defenses on November 1, 2019.</span><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Prior to the initiation of legal proceedings, we had been engaged with the CFPB in efforts to resolve the matter and recorded </span><span style="font-family:inherit;font-size:10pt;"><span>$12.5 million</span></span><span style="font-family:inherit;font-size:10pt;"> as of December 31, 2016 as a result of these discussions. We are taking all reasonable and prudent actions to resolve the CFPB matter, along with the Florida matter discussed below, in the shortest time frame possible that would result in an acceptable financial outcome for our stakeholders. The Court has consolidated both the CFPB and Florida matters for trial, but has removed them from the October 2020 trial calendar and will reset the trial for a later date. In addition, the Court has ordered the parties to mediation once summary judgment briefing is completed in September 2020. We increased our accrual related to the CFPB and Florida matters by </span><span style="font-family:inherit;font-size:10pt;"><span>$4.4 million</span></span><span style="font-family:inherit;font-size:10pt;"> in the first quarter of 2020. Our current accrual with respect to this matter is included in the </span><span style="font-family:inherit;font-size:10pt;"><span>$27.8 million</span></span><span style="font-family:inherit;font-size:10pt;"> legal and regulatory accrual referenced above. The outcome of the matters raised by the CFPB, whether through negotiated settlements, court rulings or otherwise, could potentially involve monetary fines or penalties or additional restrictions on our business and could have a material adverse impact on our business, reputation, financial condition, liquidity and results of operations. </span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">State Licensing, State Attorneys General and Other Matters</span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our licensed entities are required to renew their licenses, typically on an annual basis, and to do so they must satisfy the license renewal requirements of each jurisdiction, which generally include financial requirements such as providing audited financial statements or satisfying minimum net worth requirements and non-financial requirements such as satisfactorily completing examinations as to the licensee’s compliance with applicable laws and regulations. Failure to satisfy any of the requirements to which our licensed entities are subject could result in a variety of regulatory actions ranging from a fine, a directive requiring a certain step to be taken, entry into a consent order, a suspension or ultimately a revocation of a license, any of which could have a material adverse impact on our results of operations and financial condition. In addition, we receive information requests and other inquiries, both formal and informal in nature, from our state financial regulators as part of their general regulatory oversight of our servicing and lending businesses. We also regularly engage with state attorneys general and the CFPB and, on occasion, we engage with other federal agencies, including the Department of Justice and various inspectors general on various matters, including responding to information requests and other inquiries. Many of our regulatory engagements arise from a complaint that the entity is investigating, although some are formal investigations or proceedings. The GSEs (and their conservator, FHFA), HUD, FHA, VA, Ginnie Mae, the United States Treasury Department, and others also subject us to periodic reviews and audits. We have in the past resolved, and may in the future resolve, matters via consent orders, payments of monetary amounts and other agreements in order to settle issues identified in connection with examinations or other oversight activities, and such resolutions could have material and adverse effects on our business, reputation, operations, results of operations and financial condition. </span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In April 2017 and shortly thereafter, mortgage and banking regulatory agencies from </span><span style="font-family:inherit;font-size:10pt;"><span>29</span></span><span style="font-family:inherit;font-size:10pt;"> states and the District of Columbia took regulatory actions against OLS and certain other Ocwen companies that alleged deficiencies in our compliance with laws and regulations relating to our servicing and lending activities. An additional state regulator brought legal action together with </span></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">that state’s attorney general, as described below. In general, the regulatory actions took the form of orders styled as “cease and desist orders,” and we use that term to refer to all of the orders for ease of reference; for ease of reference we also include the District of Columbia as a state when we reference states below. All of the cease and desist orders were applicable to OLS, but additional Ocwen entities were named in some orders, including Ocwen Financial Corporation, OMS, Homeward, Liberty, OFSPL and Ocwen Business Solutions, Inc. (OBS). </span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We entered into agreements with all </span><span style="font-family:inherit;font-size:10pt;"><span>29</span></span><span style="font-family:inherit;font-size:10pt;"> states plus the District of Columbia to resolve these regulatory actions. These agreements generally contained the following key terms (the Multi-State Common Settlement Terms):</span></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen would not acquire any new residential MSRs until April 30, 2018. </span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen would develop a plan of action and milestones regarding its transition from the REALServicing servicing system to an alternate servicing system and, with certain exceptions, would not board any new loans onto the REALServicing system.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In the event that Ocwen chose to merge with or acquire an unaffiliated company or its assets in order to effectuate a transfer of loans from the REALServicing system, Ocwen was required to comply with regulatory notice and waiting period requirements.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen would engage a third-party auditor to perform an analysis with respect to our compliance with certain federal and state laws relating to escrow by testing approximately </span><span style="font-family:inherit;font-size:10pt;"><span>9,000</span></span><span style="font-family:inherit;font-size:10pt;"> loan files relating to residential real property in various states, and Ocwen would develop corrective action plans for any errors identified by the third-party auditor.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen would develop and submit for review a plan to enhance our consumer complaint handling processes.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen would provide financial condition reporting on a confidential basis as part of each state’s supervisory framework through September 2020.</span></div></td></tr></table><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In addition to the terms described above, Ocwen entered into settlements with certain states on different or additional terms, which include making additional communications with and for borrowers, certain restrictions, certain review, reporting and remediation obligations, and the following additional terms: </span></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen agreed with the Connecticut Department of Banking to pay certain amounts only in the event we fail to comply with certain requirements under our agreement with Connecticut. </span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In its agreement with the Maryland Office of the Commissioner of Financial Regulation, Ocwen agreed to complete an independent management assessment and enterprise risk assessment and to a prohibition, with certain </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">de minimis</span><span style="font-family:inherit;font-size:10pt;"> exceptions, on repurchases of our stock until December 7, 2018. Ocwen also agreed to make certain payments to Maryland, to provide remediation to certain borrowers in the form of cash payments or credits and to pay certain amounts only in the event we fail to comply with certain requirements under our agreement with Maryland. </span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen agreed with the Massachusetts Division of Banks to pay </span><span style="font-family:inherit;font-size:10pt;"><span>$1.0 million</span></span><span style="font-family:inherit;font-size:10pt;"> to the Commonwealth of Massachusetts Mortgage Education Trust. Ocwen and the Massachusetts regulatory agency also agreed on a schedule pursuant to which we would regain eligibility to acquire residential MSRs on Massachusetts loans (including loans originated by Ocwen) as we met certain thresholds in our transition to a new servicing system. Pursuant to this agreement, all restrictions on Massachusetts MSR acquisitions would be lifted when Ocwen completed the second phase of a three-phase data integrity audit. Having now completed the first and second phases of this audit, Ocwen is no longer bound by any restriction on the volume of MSR acquisitions in Massachusetts.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen agreed with the Nebraska Department of Banking and Finance until April 30, 2019, to limit its growth through acquisition from correspondent relationships to no more than ten percent per year for Nebraska loans (based on the total number of loans held at the prior calendar year-end).</span></div></td></tr></table><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Accordingly, we have now resolved all of the administrative actions (but not all of the legal actions, which are described below) taken by state regulators in April 2017 and shortly thereafter. </span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have taken substantial steps toward fulfilling our commitments under the agreements described above, including completing the transfer of loans to Black Knight MSP, completing pre-transfer and post-transfer data integrity audits as described above, developing and implementing certain enhancements to our consumer complaint process, engaging a third-party auditor who has issued its final report with respect to the escrow review and ongoing reporting and information sharing. </span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Concurrent with the issuance of the cease and desist orders and the filing of the CFPB lawsuit discussed above, </span><span style="font-family:inherit;font-size:10pt;"><span>two</span></span><span style="font-family:inherit;font-size:10pt;"> state attorneys general took actions against us relating to our servicing practices. The Florida Attorney General, together with the Florida Office of Financial Regulation, filed a lawsuit in the federal district court for the Southern District of Florida against Ocwen, OMS and OLS alleging violations of federal and state consumer financial laws relating to our servicing business. These claims are similar to the claims made by the CFPB. The Florida lawsuit seeks injunctive and equitable relief, costs, and civil money penalties in excess of </span><span style="font-family:inherit;font-size:10pt;"><span>$10,000</span></span><span style="font-family:inherit;font-size:10pt;"> per confirmed violation of the applicable statute. In September 2019, the court issued its ruling on our motion to dismiss, granting it in part and denying it in part. The court granted our motion dismissing the entire complaint without prejudice because the court found that the plaintiffs engaged in impermissible “shotgun pleading,” holding that the plaintiffs must amend their complaint to specifically allege and distinguish the facts between all claims. The plaintiffs </span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">filed an amended complaint in November 2019. We filed a partial motion to dismiss the amended complaint in December 2019. On April 22, 2020, the court granted our motion and dismissed Count V of the amended complaint with prejudice holding the plaintiff failed to plead an actionable claim under the Florida Deceptive and Unfair Trade Practices Act. On May 6, 2020, Ocwen filed its answer and affirmative defenses to the amended complaint. We believe we have factual and legal defenses to the remaining allegations raised in this lawsuit and are vigorously defending ourselves. The outcome of this lawsuit, whether through a negotiated settlement, court rulings or otherwise, could potentially involve monetary fines or penalties or additional restrictions on our business and could be materially adverse to our business, reputation, financial condition, liquidity and results of operations. Our accrual with respect to this matter is included in the </span><span style="font-family:inherit;font-size:10pt;"><span>$27.8 million</span></span><span style="font-family:inherit;font-size:10pt;"> litigation and regulatory matters accrual referenced above. We cannot currently estimate the amount, if any, of reasonably possible loss above the amount currently accrued.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our accrual with respect to the administrative and legal actions initiated in April 2017 is included in the </span><span style="font-family:inherit;font-size:10pt;"><span>$27.8 million</span></span><span style="font-family:inherit;font-size:10pt;"> litigation and regulatory matters accrual referenced above. We have also incurred, and will continue to incur costs to comply with the terms of the settlements we have entered into, including the costs of conducting an escrow review, Maryland organizational assessments and Massachusetts data integrity audits, and costs relating to the transition to Black Knight MSP. With respect to the escrow review, the third-party auditor has issued its final report, which will require some additional remediation measures in connection with which we will incur costs that we expect will be immaterial to our overall financial condition. In addition, it is possible that legal or other actions could be taken against us with respect to such errors, which could result in additional costs or other adverse impacts. If we fail to comply with the terms of our settlements, additional legal or other actions could be taken against us. Such actions could have a materially adverse impact on our business, reputation, financial condition, liquidity and results of operations.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain of the state regulators’ cease and desist orders referenced a confidential supervisory memorandum of understanding (MOU) that we entered into with the Multistate Mortgage Committee (MMC) and </span><span style="font-family:inherit;font-size:10pt;"><span>six</span></span><span style="font-family:inherit;font-size:10pt;"> states relating to a servicing examination from 2013 to 2015. Among other things, the MOU prohibited us from repurchasing stock during the development of a going forward plan and, thereafter, except as permitted by the plan. We submitted a plan in 2016 that contained no stock repurchase restrictions and, therefore, we do not believe we are currently restricted from repurchasing stock. We requested confirmation from the signatories of the MOU that they agree with this interpretation, and received affirmative responses from the MMC and five states, and a response declining to take a legal position from the remaining state.</span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On occasion, we engage with agencies of the federal government on various matters. For example, OLS received a letter from the Department of Justice, Civil Rights Division, notifying OLS that the Department of Justice had initiated a general investigation into OLS’s policies and procedures to determine whether violations of the Servicemembers Civil Relief Act by OLS might exist. The Department of Justice has informed us that it has decided not to take enforcement action related to this matter at this time and has, consequently, closed its investigation. In addition, Ocwen was named as a defendant in a HUD administrative complaint filed by a non-profit organization alleging discrimination in the manner in which the company maintains REO properties in minority communities. In February 2018, this matter was administratively closed, and similar claims were filed in federal court. We believe these claims are without merit and intend to vigorously defend ourselves. </span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In May 2016, Ocwen received a subpoena from the Office of Inspector General of HUD requesting the production of documentation related to HECM loans originated by Liberty. We understand that other lenders in the industry have received similar subpoenas. In April 2017, Ocwen received a subpoena from the Office of Inspector General of HUD requesting the production of documentation related to lender-placed insurance arrangements with a mortgage insurer and the amounts paid for such insurance. We understand that other servicers in the industry have received similar subpoenas. In May 2017, Ocwen received a subpoena from the Office of the Special Inspector General for the Troubled Asset Relief Program requesting documents and information related to Ocwen’s participation from 2009 to the present in the Treasury Department’s Making Home Affordable Program and its HAMP. We have been providing documents and information in response to these subpoenas. In April 2019, PMC received a subpoena from the VA Office of the Inspector General requesting the production of documentation related to the origination and underwriting of loans guaranteed by the Veterans Benefits Administration. We understand that other servicers in the industry have received similar subpoenas. </span></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Loan Put-Back and Related Contingencies</span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our contracts with purchasers of originated loans contain provisions that require indemnification or repurchase of the related loans under certain circumstances. While the language in the purchase contracts varies, they generally contain provisions that require us to indemnify purchasers of related loans or repurchase such loans if:</span></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">representations and warranties concerning loan quality, contents of the loan file or loan underwriting circumstances are inaccurate;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">adequate mortgage insurance is not secured within a certain period after closing;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">a mortgage insurance provider denies coverage; or</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">there is a failure to comply, at the individual loan level or otherwise, with regulatory requirements.</span></div></td></tr></table><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We received origination representations and warranties from our network of approved originators in connection with loans we purchased through our correspondent lending channel. To the extent that we have recourse against a third-party originator, we may recover part or all of any loss we incur.</span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We believe that, as a result of historical actions by investors, many purchasers of residential mortgage loans are particularly aware of the conditions under which originators must indemnify or repurchase loans and under which such purchasers would benefit from enforcing any indemnification rights and repurchase remedies they may have.</span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In our originations business, we have exposure to indemnification risks and repurchase requests. In our servicing business, claims alleging that we did not comply with our servicing obligations may require us to repurchase mortgage loans, make whole or otherwise indemnify investors or other parties. If home values were to decrease, our realized losses from loan repurchases and indemnifications may increase as well. As a result, our liability for repurchases may increase beyond our current expectations. If we are required to indemnify or repurchase loans that we originate and sell, or where we have assumed this risk on loans that we service, as discussed above, in either case resulting in losses that exceed our related liability, our business, financial condition and results of operations could be adversely affected.</span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have exposure to origination representation, warranty and indemnification obligations relating to our lending, sales and securitization activities. We initially recognize these obligations at fair value. Thereafter, the estimation of the liability considers probable future obligations based on industry data of loans of similar type segregated by year of origination, to the extent applicable, and estimated loss severity based on current loss rates for similar loans, our historical rescission rates and the current pipeline of unresolved demands. Our historical loss severity considers the historical loss experience that we incur upon loan sale or collateral liquidation as well as current market conditions. We have exposure to servicing representation, warranty and indemnification obligations relating to our servicing practices. We record an accrual for a loss contingency if the loss contingency is probable and the amount can be reasonably estimated. We monitor the adequacy of the overall liability and make adjustments, as necessary, after consideration of our historical losses and other qualitative factors including ongoing dialogue and experience with our counterparties.</span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">At </span><span style="font-family:inherit;font-size:10pt;">June 30, 2020</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">June 30, 2019</span><span style="font-family:inherit;font-size:10pt;">, we had outstanding representation and warranty repurchase demands of </span><span style="font-family:inherit;font-size:10pt;"><span>$43.7 million</span></span><span style="font-family:inherit;font-size:10pt;"> UPB (</span><span style="font-family:inherit;font-size:10pt;"><span>262</span></span><span style="font-family:inherit;font-size:10pt;"> loans) and </span><span style="font-family:inherit;font-size:10pt;"><span>$48.3 million</span></span><span style="font-family:inherit;font-size:10pt;"> UPB (</span><span style="font-family:inherit;font-size:10pt;"><span>297</span></span><span style="font-family:inherit;font-size:10pt;"> loans), respectively. We review each demand and monitor through resolution, primarily through rescission, loan repurchase or make-whole payment. </span></div><div style="line-height:120%;padding-bottom:4px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following table presents the changes in our liability for representation and warranty obligations and similar indemnification obligations:</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"/></tr><tr><td style="width:71%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Six Months Ended June 30,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Beginning balance (1)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>50,838</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>49,267</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Provision (reversal) for representation and warranty obligations</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>1,725</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(3,831</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">New production reserves</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>522</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>132</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Charge-offs and other (2) </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(8,673</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(2,718</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Ending balance (1)</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>44,412</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>42,850</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><span style="font-family:inherit;font-size:9pt;">(1)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">The liability for representation and warranty obligations and compensatory fees for foreclosures is reported in Other liabilities (a component of Liability for indemnification obligations) on our unaudited consolidated balance sheets.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><span style="font-family:inherit;font-size:9pt;">(2)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Includes principal and interest losses realized in connection with repurchased loans, make-whole, indemnification and fee payments and settlements net of recoveries, if any.</span></div></td></tr></table><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We believe that it is reasonably possible that losses beyond amounts currently recorded for potential representation and warranty obligations and other claims described above could occur, and such losses could have an adverse impact on our results of operations, financial condition or cash flows. However, based on currently available information, we are unable to estimate a range of reasonably possible losses above amounts that have been recorded at </span><span style="font-family:inherit;font-size:10pt;">June 30, 2020</span><span style="font-family:inherit;font-size:9pt;">.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Other</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Ocwen, on its own behalf and on behalf of various mortgage loan investors, is engaged in a variety of activities to seek payments from mortgage insurers for unpaid claims, including claims where the mortgage insurers paid less than the full claim amount. Ocwen believes that many of the actions by mortgage insurers were in violation of the applicable insurance policies and insurance law. In some cases, Ocwen has entered into tolling agreements, initiated arbitration or litigation, engaged in settlement discussions, or taken other similar actions. To date, Ocwen has settled with four mortgage insurers, and expects the ultimate outcome to result in recovery of additional unpaid claims, although we cannot quantify the likely amount at this time. </span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We may, from time to time, have affirmative indemnification and other claims against parties from whom we acquired MSRs or other assets. Although we pursue these claims, we cannot currently estimate the amount, if any, of further recoveries. Similarly, from time to time, indemnification and other claims are made against us by parties to whom we sold MSRs or other assets or by parties on whose behalf we service mortgage loans. We cannot currently estimate the amount, if any, of reasonably possible loss above amounts recorded.</span></div> | ||
CY2020Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
27800000 | USD |
CY2020Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
27800000 | USD |
CY2017Q2 | ocn |
Number Of States Charging With Regulatory Action
NumberOfStatesChargingWithRegulatoryAction
|
29 | States |
ocn |
Number Of States Where Regulatory Actions Were Resolved
NumberOfStatesWhereRegulatoryActionsWereResolved
|
29 | States | |
ocn |
Numberof Loan Files To Be Tested Relating To Escrow On Residential Real Property
NumberofLoanFilesToBeTestedRelatingToEscrowOnResidentialRealProperty
|
9000 | Loan | |
CY2017Q2 | ocn |
Number Of State Attorneys General Charging With Regulatory Action
NumberOfStateAttorneysGeneralChargingWithRegulatoryAction
|
2 | State |
CY2020Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
27800000 | USD |
CY2020Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
27800000 | USD |
CY2020Q2 | ocn |
Warranty Repurchase Demands Unpaid Principal Balance
WarrantyRepurchaseDemandsUnpaidPrincipalBalance
|
43700000 | USD |
CY2020Q2 | ocn |
Warranty Repurchase Demands Number Of Loans
WarrantyRepurchaseDemandsNumberOfLoans
|
262 | Loan |
CY2019Q2 | ocn |
Warranty Repurchase Demands Unpaid Principal Balance
WarrantyRepurchaseDemandsUnpaidPrincipalBalance
|
48300000 | USD |
CY2019Q2 | ocn |
Warranty Repurchase Demands Number Of Loans
WarrantyRepurchaseDemandsNumberOfLoans
|
297 | Loan |
CY2019Q4 | ocn |
Representation Warranty And Compensatory Fees Obligations
RepresentationWarrantyAndCompensatoryFeesObligations
|
50838000 | USD |
CY2018Q4 | ocn |
Representation Warranty And Compensatory Fees Obligations
RepresentationWarrantyAndCompensatoryFeesObligations
|
49267000 | USD |
ocn |
Provision For Representation And Warranty Obligations
ProvisionForRepresentationAndWarrantyObligations
|
1725000 | USD | |
ocn |
Provision For Representation And Warranty Obligations
ProvisionForRepresentationAndWarrantyObligations
|
-3831000 | USD | |
ocn |
Indemnification Obligations Liability Reserves
IndemnificationObligationsLiabilityReserves
|
522000 | USD | |
ocn |
Indemnification Obligations Liability Reserves
IndemnificationObligationsLiabilityReserves
|
132000 | USD | |
ocn |
Indemnification Obligations Liability Charge Offs
IndemnificationObligationsLiabilityChargeOffs
|
8673000 | USD | |
ocn |
Indemnification Obligations Liability Charge Offs
IndemnificationObligationsLiabilityChargeOffs
|
2718000 | USD | |
CY2020Q2 | ocn |
Representation Warranty And Compensatory Fees Obligations
RepresentationWarrantyAndCompensatoryFeesObligations
|
44412000 | USD |
CY2019Q2 | ocn |
Representation Warranty And Compensatory Fees Obligations
RepresentationWarrantyAndCompensatoryFeesObligations
|
42850000 | USD |