2022 Q4 Form 10-Q Financial Statement

#000162828022028235 Filed on November 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $250.5M $249.7M
YoY Change -14.8% -11.79%
Cost Of Revenue $12.64M $19.00M
YoY Change -84.94% -44.53%
Gross Profit $237.8M $230.7M
YoY Change 13.23% -7.28%
Gross Profit Margin 94.95% 92.39%
Selling, General & Admin $101.0M $115.3M
YoY Change -25.14% 3.83%
% of Gross Profit 42.49% 49.97%
Research & Development $14.38M
YoY Change -2.42%
% of Gross Profit 6.23%
Depreciation & Amortization $3.819M $2.480M
YoY Change 39.48% 0.77%
% of Gross Profit 1.61% 1.07%
Operating Expenses $308.4M $14.38M
YoY Change 115.83% -2.42%
Operating Profit -$70.54M $216.3M
YoY Change -205.02% -7.59%
Interest Expense -$45.64M $50.40M
YoY Change 59.26% 24.06%
% of Operating Profit 23.29%
Other Income/Expense, Net $37.35M -$170.5M
YoY Change -187.79% 40.81%
Pretax Income -$78.84M $32.98M
YoY Change 1853.37% 221.38%
Income Tax $937.0K -$3.956M
% Of Pretax Income -11.99%
Net Earnings -$79.68M $36.94M
YoY Change 4600.59% 71.39%
Net Earnings / Revenue -31.81% 14.79%
Basic Earnings Per Share $4.33
Diluted Earnings Per Share -$10.50 $4.17
COMMON SHARES
Basic Shares Outstanding 7.590M shares 8.699M shares
Diluted Shares Outstanding 8.867M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $208.0M $226.6M
YoY Change 7.89% -4.03%
Cash & Equivalents $208.0M $226.6M
Short-Term Investments
Other Short-Term Assets $32.50M $33.84M
YoY Change -25.83% -24.66%
Inventory
Prepaid Expenses
Receivables $141.2M $138.0M
Other Receivables $39.60M $32.79M
Total Short-Term Assets $421.3M $431.2M
YoY Change 0.95% -7.07%
LONG-TERM ASSETS
Property, Plant & Equipment $20.20M $18.78M
YoY Change 47.73% 24.2%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $44.50M $39.61M
YoY Change 81.85% 75.39%
Other Assets $68.80M $48.59M
YoY Change -7.01% -45.4%
Total Long-Term Assets $11.98B $11.93B
YoY Change 2.12% 3.05%
TOTAL ASSETS
Total Short-Term Assets $421.3M $431.2M
Total Long-Term Assets $11.98B $11.93B
Total Assets $12.40B $12.36B
YoY Change 2.08% 2.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $104.5M $118.0M
YoY Change -4.09% -5.49%
Accrued Expenses $148.4M $152.3M
YoY Change -16.52% -1.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $252.9M $270.3M
YoY Change -11.79% -3.38%
LONG-TERM LIABILITIES
Long-Term Debt $11.23B $11.09B
YoY Change 3.99% 4.28%
Other Long-Term Liabilities $455.6M $450.8M
YoY Change -21.56% -30.96%
Total Long-Term Liabilities $11.69B $11.54B
YoY Change 2.69% 2.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $252.9M $270.3M
Total Long-Term Liabilities $11.69B $11.54B
Total Liabilities $11.94B $11.81B
YoY Change 2.33% 2.11%
SHAREHOLDERS EQUITY
Retained Earnings -$87.90M -$8.229M
YoY Change -22.63% -92.65%
Common Stock $100.0K $79.00K
YoY Change 8.7% -14.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $456.7M $546.1M
YoY Change
Total Liabilities & Shareholders Equity $12.40B $12.36B
YoY Change 2.08% 2.66%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income -$79.68M $36.94M
YoY Change 4600.59% 71.39%
Depreciation, Depletion And Amortization $3.819M $2.480M
YoY Change 39.48% 0.77%
Cash From Operating Activities -$86.41M -$39.26M
YoY Change 45.68% -80.03%
INVESTING ACTIVITIES
Capital Expenditures $25.25M -$74.02M
YoY Change -145.46% 1.93%
Acquisitions
YoY Change
Other Investing Activities $82.65M -$7.131M
YoY Change -182.23% -85.81%
Cash From Investing Activities $57.40M -$81.15M
YoY Change -136.78% -33.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 31.32M 69.68M
YoY Change -80.11% -78.84%
NET CHANGE
Cash From Operating Activities -86.41M -39.26M
Cash From Investing Activities 57.40M -81.15M
Cash From Financing Activities 31.32M 69.68M
Net Change In Cash 2.307M -50.74M
YoY Change -103.98% -615.14%
FREE CASH FLOW
Cash From Operating Activities -$86.41M -$39.26M
Capital Expenditures $25.25M -$74.02M
Free Cash Flow -$111.7M $34.76M
YoY Change 2867.53% -128.04%

Facts In Submission

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EarningsPerShareDiluted
11.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.13
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8530209 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9189030 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8998298 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8960696 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8866925 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9401858 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9295857 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9270751 shares
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
36939000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
21552000 usd
us-gaap Net Income Loss
NetIncomeLoss
105375000 usd
us-gaap Net Income Loss
NetIncomeLoss
19773000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
1119000 usd
CY2022Q3 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
16000 usd
CY2021Q3 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
18000 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
60000 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
63000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
37047000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21184000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
105707000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18717000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
543915000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
36939000 usd
CY2022Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
36507000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1652000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
107000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
546106000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
447100000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
21552000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1587000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-368000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
469871000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
476694000 usd
us-gaap Net Income Loss
NetIncomeLoss
105375000 usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
38768000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2474000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
332000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
546106000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
415372000 usd
us-gaap Net Income Loss
NetIncomeLoss
19773000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
12169000 usd
us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
19956000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3657000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1056000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
-190989000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
469871000 usd
us-gaap Profit Loss
ProfitLoss
105375000 usd
us-gaap Profit Loss
ProfitLoss
19773000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
57562000 usd
us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-317000 usd
us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-64000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15235000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
16069000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7649000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7527000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7526000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5438000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3332000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2773000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
3697000 usd
ocn Loss On Valuation Of Financing Liability
LossOnValuationOfFinancingLiability
71273000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
914000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-15458000 usd
ocn Loss On Valuation Of Financing Liability
LossOnValuationOfFinancingLiability
184936000 usd
us-gaap Increase Decrease In Other Financial Instruments Used In Operating Activities
IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities
-15802000 usd
us-gaap Increase Decrease In Other Financial Instruments Used In Operating Activities
IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities
9993000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
19281000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1282000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5175000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 usd
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
16665000 usd
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
108136000 usd
us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
13489346000 usd
us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
12987522000 usd
us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
13527586000 usd
us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
12411398000 usd
ocn Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances
IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances
-101753000 usd
ocn Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances
IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances
-69868000 usd
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-22350000 usd
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-9659000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-23083000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
9582000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
83000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-3271000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
259614000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-412836000 usd
us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
1493951000 usd
us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
1214772000 usd
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
1322519000 usd
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
1172011000 usd
us-gaap Payments To Acquire Other Loans And Leases Held For Investment
PaymentsToAcquireOtherLoansAndLeasesHeldForInvestment
4089000 usd
us-gaap Payments To Acquire Other Loans And Leases Held For Investment
PaymentsToAcquireOtherLoansAndLeasesHeldForInvestment
0 usd
ocn Payments To Acquire Reverse Mortgage Subservicing Agreements
PaymentsToAcquireReverseMortgageSubservicingAgreements
6906000 usd
ocn Payments To Acquire Reverse Mortgage Subservicing Agreements
PaymentsToAcquireReverseMortgageSubservicingAgreements
0 usd
us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
174886000 usd
us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
785194000 usd
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
149051000 usd
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
0 usd
ocn Proceeds From Sale Of Advances
ProceedsFromSaleOfAdvances
2462000 usd
ocn Proceeds From Sale Of Advances
ProceedsFromSaleOfAdvances
305000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4760000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2062000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
863000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
6057000 usd
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
6156000 usd
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
8350000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
135000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
624000 usd
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
33750000 usd
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
18512000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
32385000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
74000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-206498000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-845381000 usd
ocn Repayment Of Proceeds From Transfers Accounted For As Secured Borrowings Associated Liabilities
RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities
54845000 usd
ocn Repayment Of Proceeds From Transfers Accounted For As Secured Borrowings Associated Liabilities
RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities
64716000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
85476000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
62076000 usd
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-265519000 usd
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
617457000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
379739000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
680711000 usd
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
257757000 usd
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
170500000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
23625000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
319156000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
647944000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
188700000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1261000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
16173000 usd
ocn Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing
ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing
78742000 usd
ocn Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing
ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing
130024000 usd
ocn Proceeds From Excess Servicing Spread Financing
ProceedsFromExcessServicingSpreadFinancing
36241000 usd
ocn Proceeds From Excess Servicing Spread Financing
ProceedsFromExcessServicingSpreadFinancing
0 usd
ocn Proceeds From Sale Of Finance Receivables Accounted For As Financing
ProceedsFromSaleOfFinanceReceivablesAccountedForAsFinancing
1507617000 usd
ocn Proceeds From Sale Of Finance Receivables Accounted For As Financing
ProceedsFromSaleOfFinanceReceivablesAccountedForAsFinancing
1119742000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1319811000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1161609000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9878000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
38768000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-525000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-44723000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1222301000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8393000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-35916000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
263446000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
357265000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271839000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
321349000 usd
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
224052000 usd
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0 usd
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
219509000 usd
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
ocn Supplemental Deferred Purchase Price Holdback
SupplementalDeferredPurchasePriceHoldback
-454000 usd
ocn Supplemental Deferred Purchase Price Holdback
SupplementalDeferredPurchasePriceHoldback
0 usd
us-gaap Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
4089000 usd
us-gaap Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
0 usd
ocn Recognitionof Gross Rightofuse Asset
RecognitionofGrossRightofuseAsset
8043000 usd
ocn Recognitionof Gross Rightofuse Asset
RecognitionofGrossRightofuseAsset
3955000 usd
ocn Recognitionof Lease Liability
RecognitionofLeaseLiability
8026000 usd
ocn Recognitionof Lease Liability
RecognitionofLeaseLiability
3955000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1031000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
5879000 usd
ocn Servicing Asset At Fair Value Derecognition
ServicingAssetAtFairValueDerecognition
-39045000 usd
ocn Servicing Asset At Fair Value Derecognition
ServicingAssetAtFairValueDerecognition
0 usd
ocn Servicing Asset At Fair Value Pledged Financing Liability Derecognition
ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition
-35925000 usd
ocn Servicing Asset At Fair Value Pledged Financing Liability Derecognition
ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition
0 usd
us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
0 usd
us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
4409000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5250000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
226570000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
236072000 usd
CY2022Q3 ocn Debt Service Accounts
DebtServiceAccounts
16074000 usd
CY2021Q3 ocn Debt Service Accounts
DebtServiceAccounts
13271000 usd
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
29195000 usd
CY2021Q3 us-gaap Restricted Cash
RestrictedCash
72006000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271839000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
321349000 usd
CY2022Q3 dei Entity Number Of Employees
EntityNumberOfEmployees
5100 numberofemployees
us-gaap Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
67154000 usd
us-gaap Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
43968000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates and Assumptions</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 and the provision for losses that may arise from contingencies including litigation proceedings. In developing estimates and assumptions, management uses all available information; however, actual results could materially differ from those estimates and assumptions.</span></div>
ocn Average Periodto Securitization
AveragePeriodtoSecuritization
P30D
CY2022Q3 us-gaap Proceeds From Securitizations Of Loans Held For Sale
ProceedsFromSecuritizationsOfLoansHeldForSale
5227470000 usd
CY2021Q3 us-gaap Proceeds From Securitizations Of Loans Held For Sale
ProceedsFromSecuritizationsOfLoansHeldForSale
5823765000 usd
us-gaap Proceeds From Securitizations Of Loans Held For Sale
ProceedsFromSecuritizationsOfLoansHeldForSale
12925295000 usd
us-gaap Proceeds From Securitizations Of Loans Held For Sale
ProceedsFromSecuritizationsOfLoansHeldForSale
12220596000 usd
CY2022Q3 us-gaap Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
21577000 usd
CY2021Q3 us-gaap Cash Flows Between Transferee And Transferor Servicing Fees
CashFlowsBetweenTransfereeAndTransferorServicingFees
16440000 usd
CY2022Q3 us-gaap Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets
CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets
3500000 usd
CY2021Q3 us-gaap Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets
CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets
6065000 usd
us-gaap Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets
CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets
10324000 usd
us-gaap Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets
CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets
16085000 usd
CY2022Q3 ocn Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales
CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales
5245547000 usd
CY2021Q3 ocn Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales
CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales
5834140000 usd
ocn Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales
CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales
12982125000 usd
ocn Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales
CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales
12248479000 usd
CY2022Q3 ocn Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
70200000 usd
ocn Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
176200000 usd
CY2021Q3 ocn Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
66400000 usd
ocn Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
136500000 usd
CY2022Q3 ocn Unpaid Principal Balance Of Loans Transferred
UnpaidPrincipalBalanceOfLoansTransferred
34060639000 usd
CY2021Q4 ocn Unpaid Principal Balance Of Loans Transferred
UnpaidPrincipalBalanceOfLoansTransferred
31864769000 usd
CY2022Q3 ocn Maximum Exposure To Loss
MaximumExposureToLoss
34634462000 usd
CY2021Q4 ocn Maximum Exposure To Loss
MaximumExposureToLoss
32376765000 usd
ocn Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due
PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue
0.024
CY2021 ocn Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due
PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue
0.036
CY2022Q3 us-gaap Financing Receivable Threshold Period Past Due
FinancingReceivableThresholdPeriodPastDue
P60D
CY2021Q4 us-gaap Financing Receivable Threshold Period Past Due
FinancingReceivableThresholdPeriodPastDue
P60D
CY2022Q3 us-gaap Financing Receivable Threshold Period Past Due
FinancingReceivableThresholdPeriodPastDue
P60D
CY2021Q4 us-gaap Financing Receivable Threshold Period Past Due
FinancingReceivableThresholdPeriodPastDue
P60D
CY2022Q3 ocn Certificates Pledged As Collateral
CertificatesPledgedAsCollateral
0 usd
CY2022Q3 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
60457000 usd
CY2022Q3 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
118162000 usd
CY2022Q3 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
76572000 usd
CY2022Q3 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
147150000 usd
CY2022Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
683140000 usd
CY2021Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
680866000 usd
ocn Capitalization Of Advances On Ginnie Mae Modifications
CapitalizationOfAdvancesOnGinnieMaeModifications
14625000 usd
CY2021Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
917534000 usd
CY2020Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
366364000 usd
CY2022Q3 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
5334747000 usd
CY2021Q3 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
6366795000 usd
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
13489346000 usd
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
12987522000 usd
CY2022Q3 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
5191548000 usd
CY2021Q3 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
6098495000 usd
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
13365766000 usd
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
12362149000 usd
CY2022Q3 us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
60653000 usd
CY2021Q3 us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
22334000 usd
us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
155884000 usd
us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
39037000 usd
CY2022Q3 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
10807000 usd
CY2021Q3 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
1220000 usd
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
30437000 usd
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
2898000 usd
CY2022Q3 ocn Transfer Of Portfolio Loans To Receivables
TransferOfPortfolioLoansToReceivables
28884000 usd
CY2021Q3 ocn Transfer Of Portfolio Loans To Receivables
TransferOfPortfolioLoansToReceivables
-7625000 usd
ocn Transfer Of Portfolio Loans To Receivables
TransferOfPortfolioLoansToReceivables
61095000 usd
ocn Transfer Of Portfolio Loans To Receivables
TransferOfPortfolioLoansToReceivables
-25151000 usd
CY2022Q3 ocn Transfer Of Portfolio Loans To Real Estate Owned
TransferOfPortfolioLoansToRealEstateOwned
649000 usd
CY2021Q3 ocn Transfer Of Portfolio Loans To Real Estate Owned
TransferOfPortfolioLoansToRealEstateOwned
1767000 usd
ocn Transfer Of Portfolio Loans To Real Estate Owned
TransferOfPortfolioLoansToRealEstateOwned
673000 usd
ocn Transfer Of Portfolio Loans To Real Estate Owned
TransferOfPortfolioLoansToRealEstateOwned
5312000 usd
CY2022Q3 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-62148000 usd
CY2021Q3 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
1793000 usd
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-248751000 usd
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-13006000 usd
CY2022Q3 ocn Capitalization Of Advances On Ginnie Mae Modifications
CapitalizationOfAdvancesOnGinnieMaeModifications
2585000 usd
CY2021Q3 ocn Capitalization Of Advances On Ginnie Mae Modifications
CapitalizationOfAdvancesOnGinnieMaeModifications
7334000 usd
ocn Capitalization Of Advances On Ginnie Mae Modifications
CapitalizationOfAdvancesOnGinnieMaeModifications
15698000 usd
CY2022Q3 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-22064000 usd
CY2021Q3 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-5336000 usd
CY2021Q4 ocn Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance
LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance
15365000 usd
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-23493000 usd
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-6025000 usd
CY2022Q3 ocn Other Adjustment Mortgage Loans Held For Sale
OtherAdjustmentMortgageLoansHeldForSale
2117000 usd
CY2021Q3 ocn Other Adjustment Mortgage Loans Held For Sale
OtherAdjustmentMortgageLoansHeldForSale
-830000 usd
ocn Other Adjustment Mortgage Loans Held For Sale
OtherAdjustmentMortgageLoansHeldForSale
5675000 usd
ocn Other Adjustment Mortgage Loans Held For Sale
OtherAdjustmentMortgageLoansHeldForSale
892000 usd
CY2022Q3 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
725218000 usd
CY2021Q3 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
921621000 usd
CY2022Q3 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
725218000 usd
CY2021Q3 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
921621000 usd
us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
-27800000 usd
us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
-9300000 usd
CY2022Q2 ocn Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance
LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance
8138000 usd
CY2021Q2 ocn Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance
LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance
20278000 usd
CY2020Q4 ocn Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance
LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance
27652000 usd
CY2022Q3 ocn Proceedsfrom Saleof Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue
0 usd
ocn Transfersto Real Estate Ownedfrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue
567000 usd
CY2021Q3 ocn Proceedsfrom Saleof Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue
2916000 usd
ocn Proceedsfrom Saleof Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue
5160000 usd
ocn Proceedsfrom Saleof Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue
9583000 usd
CY2022Q3 ocn Proceedsfrom Principal Paymentson Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue
156000 usd
CY2021Q3 ocn Proceedsfrom Principal Paymentson Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue
415000 usd
ocn Proceedsfrom Principal Paymentson Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue
776000 usd
ocn Proceedsfrom Principal Paymentson Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue
629000 usd
CY2022Q3 ocn Transfersto Accounts Receivablefrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue
-105000 usd
CY2021Q3 ocn Transfersto Accounts Receivablefrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue
444000 usd
ocn Transfersto Accounts Receivablefrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue
1087000 usd
ocn Transfersto Accounts Receivablefrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue
1160000 usd
CY2022Q3 ocn Transfersto Real Estate Ownedfrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue
0 usd
CY2021Q3 ocn Transfersto Real Estate Ownedfrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue
22000 usd
ocn Transfersto Real Estate Ownedfrom Mortgage Loans Heldforsaleat Lowerof Costor Fair Value
TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue
358000 usd
CY2022Q3 ocn Gain Losson Saleof Mortgage Loans Heldforsaleat Lower Costor Fair Value
GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue
0 usd
CY2021Q3 ocn Gain Losson Saleof Mortgage Loans Heldforsaleat Lower Costor Fair Value
GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue
35000 usd
ocn Gain Losson Saleof Mortgage Loans Heldforsaleat Lower Costor Fair Value
GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue
4000 usd
ocn Gain Losson Saleof Mortgage Loans Heldforsaleat Lower Costor Fair Value
GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue
549000 usd
CY2022Q3 ocn Other Adjustmentsto Mortgage Loans Heldforsaleat Lower Costor Fair Value
OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue
81000 usd
CY2021Q3 ocn Other Adjustmentsto Mortgage Loans Heldforsaleat Lower Costor Fair Value
OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue
144000 usd
ocn Other Adjustmentsto Mortgage Loans Heldforsaleat Lower Costor Fair Value
OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue
180000 usd
ocn Other Adjustmentsto Mortgage Loans Heldforsaleat Lower Costor Fair Value
OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue
398000 usd
CY2022Q3 ocn Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance
LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance
8168000 usd
CY2021Q3 ocn Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance
LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance
16661000 usd
CY2022Q3 ocn Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance
LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance
8168000 usd
CY2021Q3 ocn Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance
LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance
16661000 usd
CY2022Q3 ocn Loans Held For Sale At Lower Of Cost Or Fair Value
LoansHeldForSaleAtLowerOfCostOrFairValue
4420000 usd
CY2021Q3 ocn Loans Held For Sale At Lower Of Cost Or Fair Value
LoansHeldForSaleAtLowerOfCostOrFairValue
12079000 usd
CY2022Q3 ocn Loans Held For Sale At Lower Of Cost Or Fair Value
LoansHeldForSaleAtLowerOfCostOrFairValue
4420000 usd
CY2021Q3 ocn Loans Held For Sale At Lower Of Cost Or Fair Value
LoansHeldForSaleAtLowerOfCostOrFairValue
12079000 usd
CY2022Q3 ocn Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
70225000 usd
CY2021Q3 ocn Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
66420000 usd
ocn Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
176190000 usd
ocn Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales
ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales
136482000 usd
CY2022Q3 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
10294000 usd
CY2021Q3 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
67781000 usd
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
-55998000 usd
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
123319000 usd
CY2022Q3 ocn Gain Loss On Interest Rate Derivative Instruments
GainLossOnInterestRateDerivativeInstruments
-17687000 usd
CY2021Q3 ocn Gain Loss On Interest Rate Derivative Instruments
GainLossOnInterestRateDerivativeInstruments
-4135000 usd
ocn Gain Loss On Interest Rate Derivative Instruments
GainLossOnInterestRateDerivativeInstruments
-28854000 usd
ocn Gain Loss On Interest Rate Derivative Instruments
GainLossOnInterestRateDerivativeInstruments
-9225000 usd
CY2022Q3 ocn Change In Fair Value Of Mortgage Loans Held For Sale
ChangeInFairValueOfMortgageLoansHeldForSale
-21160000 usd
CY2021Q3 ocn Change In Fair Value Of Mortgage Loans Held For Sale
ChangeInFairValueOfMortgageLoansHeldForSale
-3491000 usd
ocn Change In Fair Value Of Mortgage Loans Held For Sale
ChangeInFairValueOfMortgageLoansHeldForSale
-20798000 usd
ocn Change In Fair Value Of Mortgage Loans Held For Sale
ChangeInFairValueOfMortgageLoansHeldForSale
-3323000 usd
CY2022Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
48389000 usd
CY2021Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
780000 usd
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
124613000 usd
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
592000 usd
CY2022Q3 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-906000 usd
CY2021Q3 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-1233000 usd
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-2299000 usd
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-3227000 usd
CY2022Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
18931000 usd
CY2021Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
59702000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
16665000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
108136000 usd
CY2022Q2 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7376527000 usd
CY2022Q2 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7376527000 usd
CY2022Q2 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7376527000 usd
CY2022Q2 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7376527000 usd
CY2022Q2 ocn Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
7155251000 usd
CY2021Q2 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7112273000 usd
CY2021Q2 ocn Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
6823911000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages Originations
LoansHeldForInvestmentReverseMortgagesOriginations
349095000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages Originations
LoansHeldForInvestmentReverseMortgagesOriginations
494330000 usd
CY2022Q3 ocn Hmbs Related Borrowings Securitization
HMBSRelatedBorrowingsSecuritization
357741000 usd
CY2021Q3 ocn Hmbs Related Borrowings Securitization
HMBSRelatedBorrowingsSecuritization
452262000 usd
CY2022Q3 ocn Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails
HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails
7822000 usd
CY2021Q3 ocn Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails
HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails
7751000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages Repayments
LoansHeldForInvestmentReverseMortgagesRepayments
326320000 usd
CY2022Q3 ocn Hmbs Related Borrowings Repayments
HMBSRelatedBorrowingsRepayments
326323000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages Repayments
LoansHeldForInvestmentReverseMortgagesRepayments
449236000 usd
CY2021Q3 ocn Hmbs Related Borrowings Repayments
HMBSRelatedBorrowingsRepayments
446277000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value
LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue
6541000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value
LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue
1220000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages Receivables Net
LoansHeldForInvestmentReverseMortgagesReceivablesNet
16727000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages Receivables Net
LoansHeldForInvestmentReverseMortgagesReceivablesNet
84000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages Real Estate Owned
LoansHeldForInvestmentReverseMortgagesRealEstateOwned
108000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages Real Estate Owned
LoansHeldForInvestmentReverseMortgagesRealEstateOwned
121000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages Fair Value Changes
LoansHeldForInvestmentReverseMortgagesFairValueChanges
19557000 usd
CY2022Q3 ocn Hmbs Related Borrowings Change In Fair Value
HMBSRelatedBorrowingsChangeInFairValue
-13894000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages Fair Value Changes
LoansHeldForInvestmentReverseMortgagesFairValueChanges
-55216000 usd
CY2021Q3 ocn Hmbs Related Borrowings Change In Fair Value
HMBSRelatedBorrowingsChangeInFairValue
55083000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7395483000 usd
CY2022Q3 ocn Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
7208385000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7100726000 usd
CY2021Q3 ocn Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
6782564000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages Securitized Loans
LoansHeldForInvestmentReverseMortgagesSecuritizedLoans
7267982000 usd
CY2022Q3 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
7208385000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages Securitized Loans
LoansHeldForInvestmentReverseMortgagesSecuritizedLoans
6874025000 usd
CY2021Q3 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
6782564000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages Un Securitized Loans
LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans
127501000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages Un Securitized Loans
LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans
226701000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7395483000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7100726000 usd
CY2021Q4 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7199762000 usd
CY2021Q4 ocn Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
6885022000 usd
CY2020Q4 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
6997127000 usd
CY2020Q4 ocn Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
6772711000 usd
ocn Loans Held For Investment Reverse Mortgages Originations
LoansHeldForInvestmentReverseMortgagesOriginations
1493951000 usd
ocn Loans Held For Investment Reverse Mortgages Originations
LoansHeldForInvestmentReverseMortgagesOriginations
1214772000 usd
ocn Hmbs Related Borrowings Securitization
HMBSRelatedBorrowingsSecuritization
1507617000 usd
ocn Hmbs Related Borrowings Securitization
HMBSRelatedBorrowingsSecuritization
1119742000 usd
ocn Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails
HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails
30124000 usd
ocn Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails
HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails
34918000 usd
ocn Loans Held For Investment Reverse Mortgages Acquisitions
LoansHeldForInvestmentReverseMortgagesAcquisitions
211258000 usd
ocn Hmbs Related Borrowings Acquisitions
HMBSRelatedBorrowingsAcquisitions
209057000 usd
ocn Loans Held For Investment Reverse Mortgages Repayments
LoansHeldForInvestmentReverseMortgagesRepayments
1321442000 usd
ocn Hmbs Related Borrowings Repayments
HMBSRelatedBorrowingsRepayments
1319811000 usd
ocn Loans Held For Investment Reverse Mortgages Repayments
LoansHeldForInvestmentReverseMortgagesRepayments
1170245000 usd
ocn Hmbs Related Borrowings Repayments
HMBSRelatedBorrowingsRepayments
1161609000 usd
ocn Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value
LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue
26187000 usd
ocn Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value
LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue
2898000 usd
ocn Loans Held For Investment Reverse Mortgages Receivables Net
LoansHeldForInvestmentReverseMortgagesReceivablesNet
66121000 usd
ocn Loans Held For Investment Reverse Mortgages Receivables Net
LoansHeldForInvestmentReverseMortgagesReceivablesNet
169000 usd
ocn Loans Held For Investment Reverse Mortgages Real Estate Owned
LoansHeldForInvestmentReverseMortgagesRealEstateOwned
240000 usd
ocn Loans Held For Investment Reverse Mortgages Real Estate Owned
LoansHeldForInvestmentReverseMortgagesRealEstateOwned
316000 usd
ocn Loans Held For Investment Reverse Mortgages Fair Value Changes
LoansHeldForInvestmentReverseMortgagesFairValueChanges
-95498000 usd
ocn Hmbs Related Borrowings Change In Fair Value
HMBSRelatedBorrowingsChangeInFairValue
103624000 usd
ocn Loans Held For Investment Reverse Mortgages Fair Value Changes
LoansHeldForInvestmentReverseMortgagesFairValueChanges
62455000 usd
ocn Hmbs Related Borrowings Change In Fair Value
HMBSRelatedBorrowingsChangeInFairValue
-16802000 usd
CY2022Q3 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7395483000 usd
CY2022Q3 ocn Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
7208385000 usd
CY2021Q3 ocn Loans Held For Investment Reverse Mortgages
LoansHeldForInvestmentReverseMortgages
7100726000 usd
CY2021Q3 ocn Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value
HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue
6782564000 usd
CY2022Q3 us-gaap Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
9299000 usd
CY2021Q3 us-gaap Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
12900000 usd
us-gaap Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
42642000 usd
us-gaap Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
46170000 usd
CY2022Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-3636000 usd
CY2021Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-13033000 usd
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-34517000 usd
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-517000 usd
CY2022Q3 us-gaap Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings
FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings
5663000 usd
CY2021Q3 us-gaap Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings
FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings
-133000 usd
us-gaap Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings
FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings
8125000 usd
us-gaap Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings
FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings
45653000 usd
CY2022Q3 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
1222000 usd
CY2021Q3 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
5168000 usd
us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
9254000 usd
us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
10509000 usd
CY2022Q3 ocn Feeand Commissions Reverse Mortgage Banking
FeeandCommissionsReverseMortgageBanking
6885000 usd
CY2021Q3 ocn Feeand Commissions Reverse Mortgage Banking
FeeandCommissionsReverseMortgageBanking
5035000 usd
ocn Feeand Commissions Reverse Mortgage Banking
FeeandCommissionsReverseMortgageBanking
17379000 usd
ocn Feeand Commissions Reverse Mortgage Banking
FeeandCommissionsReverseMortgageBanking
56162000 usd
CY2022Q3 ocn Advances Payments On Behalf Of Borrower Gross
AdvancesPaymentsOnBehalfOfBorrowerGross
648660000 usd
CY2021Q4 ocn Advances Payments On Behalf Of Borrower Gross
AdvancesPaymentsOnBehalfOfBorrowerGross
779451000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6199000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7018000 usd
CY2022Q3 ocn Advances Payments On Behalf Of Borrower Net Of Valuation Allowance
AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance
642461000 usd
CY2021Q4 ocn Advances Payments On Behalf Of Borrower Net Of Valuation Allowance
AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance
772433000 usd
CY2022Q2 ocn Advances Payments On Behalf Of Borrower Before Allowance For Losses
AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses
653768000 usd
CY2021Q2 ocn Advances Payments On Behalf Of Borrower Before Allowance For Losses
AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses
768864000 usd
CY2021Q4 ocn Advances Payments On Behalf Of Borrower Before Allowance For Losses
AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses
779451000 usd
CY2020Q4 ocn Advances Payments On Behalf Of Borrower Before Allowance For Losses
AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses
834512000 usd
CY2022Q3 ocn Advances Paymentson Behalfof Borrower Asset Acquisitions
AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions
0 usd
CY2021Q3 ocn Advances Paymentson Behalfof Borrower Asset Acquisitions
AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions
0 usd
ocn Advances Paymentson Behalfof Borrower Asset Acquisitions
AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions
0 usd
ocn Advances Paymentson Behalfof Borrower Asset Acquisitions
AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions
4495000 usd
CY2022Q3 ocn Advances Payments On Behalf Of Borrower Increase
AdvancesPaymentsOnBehalfOfBorrowerIncrease
153193000 usd
CY2021Q3 ocn Advances Payments On Behalf Of Borrower Increase
AdvancesPaymentsOnBehalfOfBorrowerIncrease
181567000 usd
ocn Advances Payments On Behalf Of Borrower Increase
AdvancesPaymentsOnBehalfOfBorrowerIncrease
540467000 usd
ocn Advances Payments On Behalf Of Borrower Increase
AdvancesPaymentsOnBehalfOfBorrowerIncrease
565284000 usd
CY2022Q3 ocn Advances Paymentson Behalfof Borrower Sales
AdvancesPaymentsonBehalfofBorrowerSales
1643000 usd
CY2021Q3 ocn Advances Paymentson Behalfof Borrower Sales
AdvancesPaymentsonBehalfofBorrowerSales
80000 usd
ocn Advances Paymentson Behalfof Borrower Sales
AdvancesPaymentsonBehalfofBorrowerSales
2473000 usd
ocn Advances Paymentson Behalfof Borrower Sales
AdvancesPaymentsonBehalfofBorrowerSales
328000 usd
CY2022Q3 ocn Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net
AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet
156658000 usd
CY2021Q3 ocn Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net
AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet
204078000 usd
ocn Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net
AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet
668785000 usd
ocn Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net
AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet
657690000 usd
CY2022Q3 ocn Advances Payments On Behalf Of Borrower Before Allowance For Losses
AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses
648660000 usd
CY2021Q3 ocn Advances Payments On Behalf Of Borrower Before Allowance For Losses
AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses
746273000 usd
CY2022Q3 ocn Advances Payments On Behalf Of Borrower Before Allowance For Losses
AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses
648660000 usd
CY2021Q3 ocn Advances Payments On Behalf Of Borrower Before Allowance For Losses
AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses
746273000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6601000 usd
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6891000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7018000 usd
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6273000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
1965000 usd
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
1581000 usd
us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
5841000 usd
us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
5478000 usd
CY2022Q3 ocn Financing Receivable Allowance For Credit Loss Writeoffs And Other
FinancingReceivableAllowanceForCreditLossWriteoffsAndOther
2368000 usd
CY2021Q3 ocn Financing Receivable Allowance For Credit Loss Writeoffs And Other
FinancingReceivableAllowanceForCreditLossWriteoffsAndOther
1795000 usd
ocn Financing Receivable Allowance For Credit Loss Writeoffs And Other
FinancingReceivableAllowanceForCreditLossWriteoffsAndOther
6661000 usd
ocn Financing Receivable Allowance For Credit Loss Writeoffs And Other
FinancingReceivableAllowanceForCreditLossWriteoffsAndOther
5074000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6199000 usd
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6677000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6199000 usd
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6677000 usd
CY2022Q3 ocn Advances Payments On Behalf Of Borrower Net
AdvancesPaymentsOnBehalfOfBorrowerNet
642461000 usd
CY2021Q3 ocn Advances Payments On Behalf Of Borrower Net
AdvancesPaymentsOnBehalfOfBorrowerNet
739596000 usd
CY2022Q3 ocn Advances Payments On Behalf Of Borrower Net
AdvancesPaymentsOnBehalfOfBorrowerNet
642461000 usd
CY2021Q3 ocn Advances Payments On Behalf Of Borrower Net
AdvancesPaymentsOnBehalfOfBorrowerNet
739596000 usd
CY2022Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2485679000 usd
CY2021Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2072518000 usd
CY2022Q3 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
3000 usd
CY2021Q3 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
0 usd
CY2022Q3 ocn Servicing Assets At Fair Value Additions Recognized From Mortgage Sales
ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales
70225000 usd
CY2021Q3 ocn Servicing Assets At Fair Value Additions Recognized From Mortgage Sales
ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales
66420000 usd
CY2022Q3 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
75461000 usd
CY2021Q3 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
36153000 usd
CY2022Q3 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-39135000 usd
CY2021Q3 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-4706000 usd
CY2022Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-190645000 usd
CY2021Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-74819000 usd
CY2022Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
68653000 usd
CY2021Q3 ocn Unpaid Principal Balance Of Portfolio Of Loans Acquired
UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired
72200000000 usd
CY2021Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
68944000 usd
CY2022Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2714225000 usd
CY2021Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2176260000 usd
CY2021Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2250147000 usd
CY2020Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1294817000 usd
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
149360000 usd
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
0 usd
ocn Servicing Assets At Fair Value Additions Recognized From Mortgage Sales
ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales
176190000 usd
ocn Servicing Assets At Fair Value Additions Recognized From Mortgage Sales
ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales
136482000 usd
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
159123000 usd
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
806469000 usd
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-25238000 usd
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-6841000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-512418000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-120438000 usd
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
209055000 usd
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
175106000 usd
CY2022Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2714225000 usd
CY2021Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2176260000 usd
CY2022Q3 us-gaap Financing Receivable Percent Past Due1
FinancingReceivablePercentPastDue1
0.102
CY2021Q4 us-gaap Financing Receivable Percent Past Due1
FinancingReceivablePercentPastDue1
0.105
CY2022Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2714225000 usd
CY2022Q3 ocn Assets Serviced
AssetsServiced
197989493000 usd
CY2021Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2250147000 usd
CY2021Q4 ocn Assets Serviced
AssetsServiced
205591547000 usd
CY2021Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2176260000 usd
CY2021Q3 ocn Assets Serviced
AssetsServiced
206029081000 usd
CY2022Q3 ocn Unpaid Principal Balance Of Portfolio Of Loans Acquired
UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired
13700000000 usd
us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
11100000000 usd
us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
18000000 usd
CY2022Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
83348000 usd
CY2021Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
103094000 usd
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
252773000 usd
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
246363000 usd
CY2022Q3 ocn Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
18858000 usd
CY2021Q3 ocn Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
2867000 usd
ocn Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
53890000 usd
ocn Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
8971000 usd
CY2022Q3 ocn Contractually Specified Servicing Fees Collected On Behalf Of Counterparty
ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty
19275000 usd
CY2021Q3 ocn Contractually Specified Servicing Fees Collected On Behalf Of Counterparty
ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty
1575000 usd
ocn Contractually Specified Servicing Fees Collected On Behalf Of Counterparty
ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty
54735000 usd
ocn Contractually Specified Servicing Fees Collected On Behalf Of Counterparty
ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty
1575000 usd
CY2022Q3 ocn Servicing Fee Collected On Behalf Of Counterparty
ServicingFeeCollectedOnBehalfOfCounterparty
63362000 usd
CY2021Q3 ocn Servicing Fee Collected On Behalf Of Counterparty
ServicingFeeCollectedOnBehalfOfCounterparty
75034000 usd
ocn Servicing Fee Collected On Behalf Of Counterparty
ServicingFeeCollectedOnBehalfOfCounterparty
195237000 usd
ocn Servicing Fee Collected On Behalf Of Counterparty
ServicingFeeCollectedOnBehalfOfCounterparty
233135000 usd
CY2022Q3 ocn Contractually Specified Servicing And Subservicing Fees Amount Total
ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal
184844000 usd
CY2021Q3 ocn Contractually Specified Servicing And Subservicing Fees Amount Total
ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal
182570000 usd
ocn Contractually Specified Servicing And Subservicing Fees Amount Total
ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal
556635000 usd
ocn Contractually Specified Servicing And Subservicing Fees Amount Total
ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal
490044000 usd
CY2022Q3 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
10559000 usd
CY2021Q3 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
10656000 usd
us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
32317000 usd
us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
31335000 usd
CY2022Q3 ocn Reverse Subservicing Ancillary Income
ReverseSubservicingAncillaryIncome
4918000 usd
CY2021Q3 ocn Reverse Subservicing Ancillary Income
ReverseSubservicingAncillaryIncome
0 usd
ocn Reverse Subservicing Ancillary Income
ReverseSubservicingAncillaryIncome
14308000 usd
ocn Reverse Subservicing Ancillary Income
ReverseSubservicingAncillaryIncome
0 usd
CY2022Q3 ocn Recording Fees
RecordingFees
1819000 usd
CY2021Q3 ocn Recording Fees
RecordingFees
3726000 usd
ocn Recording Fees
RecordingFees
7693000 usd
ocn Recording Fees
RecordingFees
10579000 usd
CY2022Q3 ocn Loan Collection Fees Earned In Exchange For Servicing Financial Assets
LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets
2644000 usd
CY2021Q3 ocn Loan Collection Fees Earned In Exchange For Servicing Financial Assets
LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets
2858000 usd
ocn Loan Collection Fees Earned In Exchange For Servicing Financial Assets
LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets
8463000 usd
ocn Loan Collection Fees Earned In Exchange For Servicing Financial Assets
LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets
8568000 usd
CY2022Q3 ocn Boarding And De Boarding Fees
BoardingAndDeBoardingFees
769000 usd
CY2021Q3 ocn Boarding And De Boarding Fees
BoardingAndDeBoardingFees
1627000 usd
ocn Boarding And De Boarding Fees
BoardingAndDeBoardingFees
4394000 usd
ocn Boarding And De Boarding Fees
BoardingAndDeBoardingFees
6830000 usd
CY2022Q3 ocn Float Earnings Earned In Exchange For Servicing Financial Assets
FloatEarningsEarnedInExchangeForServicingFinancialAssets
7521000 usd
CY2021Q3 ocn Float Earnings Earned In Exchange For Servicing Financial Assets
FloatEarningsEarnedInExchangeForServicingFinancialAssets
1234000 usd
ocn Float Earnings Earned In Exchange For Servicing Financial Assets
FloatEarningsEarnedInExchangeForServicingFinancialAssets
10307000 usd
ocn Float Earnings Earned In Exchange For Servicing Financial Assets
FloatEarningsEarnedInExchangeForServicingFinancialAssets
3547000 usd
CY2022Q3 ocn Gse Forbearance Fees
GSEForbearanceFees
219000 usd
CY2021Q3 ocn Gse Forbearance Fees
GSEForbearanceFees
262000 usd
ocn Gse Forbearance Fees
GSEForbearanceFees
1334000 usd
ocn Gse Forbearance Fees
GSEForbearanceFees
583000 usd
CY2022Q3 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
2268000 usd
CY2021Q3 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
3652000 usd
us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
8616000 usd
us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
10525000 usd
CY2022Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
30718000 usd
CY2021Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
24016000 usd
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
86681000 usd
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
72720000 usd
CY2022Q3 ocn Servicing And Subservicing Fees
ServicingAndSubservicingFees
215562000 usd
CY2021Q3 ocn Servicing And Subservicing Fees
ServicingAndSubservicingFees
206585000 usd
ocn Servicing And Subservicing Fees
ServicingAndSubservicingFees
643316000 usd
ocn Servicing And Subservicing Fees
ServicingAndSubservicingFees
562764000 usd
CY2022Q3 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
2000000000 usd
CY2021Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
2100000000 usd
CY2021Q3 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
3300000000 usd
CY2022Q3 ocn Number Of Subservicers
NumberOfSubservicers
3 subservicer
CY2022Q3 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
81205000 usd
CY2021Q3 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
76035000 usd
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
246284000 usd
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
234136000 usd
CY2022Q3 us-gaap Financing Interest Expense
FinancingInterestExpense
131635000 usd
CY2021Q3 us-gaap Financing Interest Expense
FinancingInterestExpense
91160000 usd
us-gaap Financing Interest Expense
FinancingInterestExpense
292616000 usd
us-gaap Financing Interest Expense
FinancingInterestExpense
168820000 usd
CY2022Q2 ocn Servicing Agreement Renewal Term
ServicingAgreementRenewalTerm
P1Y
CY2022Q3 ocn Servicing Receivable Government Insured Loan Claims
ServicingReceivableGovernmentInsuredLoanClaims
70089000 usd
CY2021Q4 ocn Servicing Receivable Government Insured Loan Claims
ServicingReceivableGovernmentInsuredLoanClaims
90603000 usd
CY2022Q3 ocn Servicing Receivable Government Insured Loan Claims Reverse
ServicingReceivableGovernmentInsuredLoanClaimsReverse
48840000 usd
CY2021Q4 ocn Servicing Receivable Government Insured Loan Claims Reverse
ServicingReceivableGovernmentInsuredLoanClaimsReverse
39895000 usd
CY2022Q3 ocn Servicing Receivable Due From Custodial Accounts
ServicingReceivableDueFromCustodialAccounts
29900000 usd
CY2021Q4 ocn Servicing Receivable Due From Custodial Accounts
ServicingReceivableDueFromCustodialAccounts
7777000 usd
CY2022Q3 ocn Receivables From Sale Of Mortgage Servicing Rights
ReceivablesFromSaleOfMortgageServicingRights
7794000 usd
CY2021Q4 ocn Receivables From Sale Of Mortgage Servicing Rights
ReceivablesFromSaleOfMortgageServicingRights
0 usd
CY2022Q3 ocn Servicing Fee Due From Interim Subservicer
ServicingFeeDueFromInterimSubservicer
7033000 usd
CY2021Q4 ocn Servicing Fee Due From Interim Subservicer
ServicingFeeDueFromInterimSubservicer
6662000 usd
CY2022Q3 ocn Servicing Receivable Reimbursable Expenses
ServicingReceivableReimbursableExpenses
6770000 usd
CY2021Q4 ocn Servicing Receivable Reimbursable Expenses
ServicingReceivableReimbursableExpenses
6056000 usd
CY2022Q3 ocn Counter Party Receivables
CounterPartyReceivables
2245000 usd
CY2021Q4 ocn Counter Party Receivables
CounterPartyReceivables
3781000 usd
CY2022Q3 ocn Subservicing Fees And Reimbursable Expenses
SubservicingFeesAndReimbursableExpenses
1594000 usd
CY2021Q4 ocn Subservicing Fees And Reimbursable Expenses
SubservicingFeesAndReimbursableExpenses
4933000 usd
CY2022Q3 ocn Servicing Receivable Other
ServicingReceivableOther
948000 usd
CY2021Q4 ocn Servicing Receivable Other
ServicingReceivableOther
1223000 usd
CY2022Q3 ocn Servicing Receivable Net
ServicingReceivableNet
175213000 usd
CY2021Q4 ocn Servicing Receivable Net
ServicingReceivableNet
160930000 usd
CY2022Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
27815000 usd
CY2021Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
56776000 usd
CY2022Q3 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
432000 usd
CY2021Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
990000 usd
CY2022Q3 ocn Other Receivables Net
OtherReceivablesNet
4542000 usd
CY2021Q4 ocn Other Receivables Net
OtherReceivablesNet
3760000 usd
CY2022Q3 ocn Other Receivables Gross
OtherReceivablesGross
208002000 usd
CY2021Q4 ocn Other Receivables Gross
OtherReceivablesGross
222456000 usd
CY2022Q3 ocn Other Receivables Allowance For Losses
OtherReceivablesAllowanceForLosses
37164000 usd
CY2021Q4 ocn Other Receivables Allowance For Losses
OtherReceivablesAllowanceForLosses
41749000 usd
CY2022Q3 us-gaap Other Receivables
OtherReceivables
170838000 usd
CY2021Q4 us-gaap Other Receivables
OtherReceivables
180707000 usd
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
250000000 usd
CY2021Q2 ocn Contributed To Partnership Percent
ContributedToPartnershipPercent
1
CY2021Q2 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
5000000 usd
CY2021Q2 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
4400000 usd
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
250000000 usd
CY2022Q3 ocn Loan Repurchase Asset
LoanRepurchaseAsset
249755000 usd
CY2021Q4 ocn Loan Repurchase Asset
LoanRepurchaseAsset
403740000 usd
CY2022Q3 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
26104000 usd
CY2021Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
2024000 usd
CY2022Q3 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
24760000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
21675000 usd
CY2022Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
20791000 usd
CY2021Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
21498000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4100000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
700000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18622000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14335000 usd
CY2022Q3 us-gaap Other Real Estate
OtherRealEstate
9968000 usd
CY2021Q4 us-gaap Other Real Estate
OtherRealEstate
10075000 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7872000 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7150000 usd
CY2022Q3 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
5173000 usd
CY2021Q4 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
15173000 usd
CY2022Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3323000 usd
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3329000 usd
CY2022Q3 us-gaap Deposits Assets
DepositsAssets
900000 usd
CY2021Q4 us-gaap Deposits Assets
DepositsAssets
1174000 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
4022000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
7077000 usd
CY2022Q3 us-gaap Other Assets
OtherAssets
371290000 usd
CY2021Q4 us-gaap Other Assets
OtherAssets
507250000 usd
CY2022Q3 ocn Other Financing Liabilities
OtherFinancingLiabilities
989722000 usd
CY2021Q4 ocn Other Financing Liabilities
OtherFinancingLiabilities
804963000 usd
us-gaap Servicing Liability At Fair Value Other Changes In Fair Value
ServicingLiabilityAtFairValueOtherChangesInFairValue
1300000 usd
CY2022Q3 us-gaap Servicing Liability At Fair Value Other Changes In Fair Value
ServicingLiabilityAtFairValueOtherChangesInFairValue
1300000 usd
CY2022Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1100000 usd
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
900000 usd
CY2022Q3 us-gaap Senior Notes
SeniorNotes
597129000 usd
CY2021Q4 us-gaap Senior Notes
SeniorNotes
614797000 usd
CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
7100000 usd
CY2022Q3 ocn Debt Instrument Covenant Compliance Liquidity Requirement
DebtInstrumentCovenantComplianceLiquidityRequirement
125000000 usd
CY2022Q3 ocn Debt Instrument Covenant Compliance Consolidated Tangible Net Worthat Period End
DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd
300000000 usd
CY2022Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
249755000 usd
CY2021Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
403740000 usd
CY2022Q3 ocn Remittance Of Advances And Servicing Fees
RemittanceOfAdvancesAndServicingFees
80438000 usd
CY2021Q4 ocn Remittance Of Advances And Servicing Fees
RemittanceOfAdvancesAndServicingFees
76590000 usd
CY2022Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
80138000 usd
CY2021Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
104931000 usd
CY2022Q3 ocn Indemnification Obligations Liability
IndemnificationObligationsLiability
52489000 usd
CY2021Q4 ocn Indemnification Obligations Liability
IndemnificationObligationsLiability
51243000 usd
CY2022Q3 ocn Checks Held For Escheat
ChecksHeldForEscheat
49527000 usd
CY2021Q4 ocn Checks Held For Escheat
ChecksHeldForEscheat
44866000 usd
CY2022Q3 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
47102000 usd
CY2021Q4 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
43990000 usd
CY2022Q3 ocn Due To Servicing And Subservicing Investors
DueToServicingAndSubservicingInvestors
37583000 usd
CY2021Q4 ocn Due To Servicing And Subservicing Investors
DueToServicingAndSubservicingInvestors
32366000 usd
CY2022Q3 us-gaap Hedged Liability Fair Value Hedge
HedgedLiabilityFairValueHedge
24894000 usd
CY2021Q4 us-gaap Hedged Liability Fair Value Hedge
HedgedLiabilityFairValueHedge
3714000 usd
CY2022Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
23704000 usd
CY2021Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
3080000 usd
CY2022Q3 ocn Servicing Assets Purchase Price Holdback
ServicingAssetsPurchasePriceHoldback
16402000 usd
CY2021Q4 ocn Servicing Assets Purchase Price Holdback
ServicingAssetsPurchasePriceHoldback
32620000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
15836000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
16842000 usd
CY2022Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
11587000 usd
CY2021Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
14730000 usd
CY2022Q3 us-gaap Interest Payable Current
InterestPayableCurrent
9206000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
11998000 usd
CY2022Q3 us-gaap Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
5885000 usd
CY2021Q4 us-gaap Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
6263000 usd
CY2022Q3 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
3649000 usd
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
2134000 usd
CY2022Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
3115000 usd
CY2021Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
4183000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
9802000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
14224000 usd
CY2022Q3 us-gaap Other Liabilities
OtherLiabilities
721112000 usd
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
867514000 usd
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1338498 shares
ocn Stock Repurchased During Period Value Excluding Commissions
StockRepurchasedDuringPeriodValueExcludingCommissions
38700000 usd
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
28.93
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2022Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1507224000 usd
CY2022Q3 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
24760000 usd
CY2021Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
2764805000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
21675000 usd
CY2022Q3 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
2689295000 usd
CY2022Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
23704000 usd
CY2021Q4 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
1645000000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3080000 usd
CY2022Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
5998000 usd
CY2021Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-15392000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-12730000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-11362000 usd
ocn Loan Commitment Term
LoanCommitmentTerm
P7D
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-200000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-200000 usd
CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
200000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
300000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
50395000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
40623000 usd
us-gaap Interest Expense
InterestExpense
126131000 usd
us-gaap Interest Expense
InterestExpense
102591000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
36939000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
21552000 usd
us-gaap Net Income Loss
NetIncomeLoss
105375000 usd
us-gaap Net Income Loss
NetIncomeLoss
19773000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8530209 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9189030 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8998298 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8960696 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.33
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
11.71
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.21
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
36939000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
21552000 usd
us-gaap Net Income Loss
NetIncomeLoss
105375000 usd
us-gaap Net Income Loss
NetIncomeLoss
19773000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8530209 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9189030 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8998298 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8960696 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
131092 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
65593 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
136471 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
97426 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q3 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
24 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q3 ocn Incremental Common Shares Attributable To Common Stock Awards
IncrementalCommonSharesAttributableToCommonStockAwards
205624 shares
CY2021Q3 ocn Incremental Common Shares Attributable To Common Stock Awards
IncrementalCommonSharesAttributableToCommonStockAwards
147235 shares
ocn Incremental Common Shares Attributable To Common Stock Awards
IncrementalCommonSharesAttributableToCommonStockAwards
161064 shares
ocn Incremental Common Shares Attributable To Common Stock Awards
IncrementalCommonSharesAttributableToCommonStockAwards
161049 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8866925 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9401858 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9295857 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9270751 shares
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.17
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.13
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
271933 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
166153 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
276988 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
155213 shares
CY2022Q3 ocn Servicing And Subservicing Fees
ServicingAndSubservicingFees
215562000 usd
CY2022Q3 ocn Feeand Commissions Reverse Mortgage Banking
FeeandCommissionsReverseMortgageBanking
6885000 usd
CY2022Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
18931000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8344000 usd
CY2022Q3 us-gaap Revenues
Revenues
249722000 usd
CY2022Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
-95159000 usd
CY2022Q3 us-gaap Costs And Expenses
CostsAndExpenses
141408000 usd
CY2022Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
13732000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
50395000 usd
CY2022Q3 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
131635000 usd
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3346000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5538000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-170490000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
32983000 usd
CY2021Q3 ocn Servicing And Subservicing Fees
ServicingAndSubservicingFees
206585000 usd
CY2021Q3 ocn Feeand Commissions Reverse Mortgage Banking
FeeandCommissionsReverseMortgageBanking
5035000 usd
CY2021Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
59702000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
11779000 usd
CY2021Q3 us-gaap Revenues
Revenues
283101000 usd
CY2021Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
6320000 usd
CY2021Q3 us-gaap Costs And Expenses
CostsAndExpenses
145436000 usd
CY2021Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
7869000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
40623000 usd
CY2021Q3 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
91160000 usd
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
932000 usd
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1900000 usd
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-121082000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10263000 usd
ocn Servicing And Subservicing Fees
ServicingAndSubservicingFees
643316000 usd
ocn Feeand Commissions Reverse Mortgage Banking
FeeandCommissionsReverseMortgageBanking
17379000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
16665000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
26084000 usd
us-gaap Revenues
Revenues
703444000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
-190989000 usd
us-gaap Costs And Expenses
CostsAndExpenses
412797000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
30590000 usd
us-gaap Interest Expense
InterestExpense
126131000 usd
us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
292616000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
19281000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
914000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9936000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-377898000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
103738000 usd
ocn Servicing And Subservicing Fees
ServicingAndSubservicingFees
562764000 usd
ocn Feeand Commissions Reverse Mortgage Banking
FeeandCommissionsReverseMortgageBanking
56162000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
108136000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
29078000 usd
us-gaap Revenues
Revenues
756140000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
57562000 usd
us-gaap Costs And Expenses
CostsAndExpenses
434873000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
15993000 usd
us-gaap Interest Expense
InterestExpense
102591000 usd
us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
168820000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1282000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-15458000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5554000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-264040000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-335000 usd
CY2022Q3 us-gaap Assets
Assets
12360069000 usd
CY2021Q4 us-gaap Assets
Assets
12147123000 usd
CY2021Q3 us-gaap Assets
Assets
12040238000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
2480000 usd
CY2022Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2443000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1207000 usd
CY2021Q3 us-gaap Depreciation
Depreciation
2461000 usd
CY2021Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2205000 usd
us-gaap Depreciation
Depreciation
7649000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7526000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3332000 usd
us-gaap Depreciation
Depreciation
7527000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5438000 usd
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<div style="margin-bottom:6pt;margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"/><td style="width:98.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:9pt;padding-left:72pt;text-indent:-72pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Note 22 – Contingencies</span></div></td></tr></table></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Litigation</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 borrowers, 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, and those brought under the False Claims Act by private citizens on behalf of the U.S. In addition, we may be a party or potential party to threatened or pending legal proceedings brought by fair-housing advocates, current and former commercial counterparties and market competitors, including, among others, claims related to the sale or purchase of loans, MSRs or other assets, and breach of contract actions, parties on whose behalf we service or serviced mortgage loans, parties who provide ancillary services including property preservation and other post-foreclosure related services, and parties who provide or provided consulting, subservicing, or other services to Ocwen.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, federal and local bankruptcy rules, federal and local tax regulations, and state deceptive trade practices laws. Such proceedings include wrongful foreclosure and eviction actions, bankruptcy violation actions, payment misapplication 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 and individual state laws, claims related to our payment, escrow and other processing operations, claims relating to fees imposed on borrowers relating to inspection fees, foreclosure attorneys’ fees, reinstatement fees, foreclosure registration fees, payment processing, payment facilitation or payment convenience fees, claims related to ancillary products marketed and sold to borrowers, claims related to loan modifications and loan assumptions, claims related to call recordings, claims regarding certifications of our legal compliance related to our participation in certain government programs, claims related to improper occupancy inspections, and claims related to untimely recording of mortgage satisfactions. 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 improperly assessed and/or 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="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, 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 $47.1 million at September 30, 2022. We cannot currently estimate the amount, if any, of reasonably possible losses above amounts that have been recorded at September 30, 2022. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As previously disclosed, we are subject to individual lawsuits relating to our FDCPA compliance and putative state law class actions based on the FDCPA and similar state statutes. We are currently defending five class actions challenging, under state and federal law, our practice of charging borrowers a fee to use certain optional payment methods (</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Morris v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (S.D. FL), </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Torliatt v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (N.D. Ca), </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Thacker v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (N.D. WV), </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Forest v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (D. RI), and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Williams v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (S.D. TX). We have reached settlements in four of these class actions. In the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Torliatt</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> matter, the Court granted preliminary approval of the parties’ proposed settlement and scheduled the final fairness hearing for November 16, 2022. In the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Thacker</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> class action, the Court granted preliminary approval of the parties’ proposed settlement and scheduled the final fairness hearing for November 14, 2022. Finally, we have reached tentative agreements with the plaintiffs in both the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Morris</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Williams</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> class actions and we are currently finalizing the settlement agreements in both matters before filing motions for preliminary approval.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition, we continue to be involved in legacy matters arising prior to Ocwen’s October 2018 acquisition of PHH, including a putative class action filed in 2008 in the United States District Court for the Eastern District of California against PHH and related entities alleging that PHH’s legacy mortgage reinsurance arrangements between its captive reinsurer, Atrium Insurance Corporation, and certain mortgage insurance providers violated RESPA. See </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Munoz v. PHH Mortgage Corp. et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (Eastern District of California). In June 2015, the court certified a class of borrowers who obtained loans with private mortgage insurance through PHH’s captive reinsurance arrangement between June 2007 and December 2009. PHH asserted numerous defenses to the merits of the case. Following pre-trial developments in August 2020, the only issues remaining for trial were whether the plaintiffs had standing to bring their claims and whether the reinsurance services provided by PHH’s captive reinsurance subsidiary, Atrium, were actually provided in order for the safe harbor provision of RESPA to apply. On January 31, 2022, the Court denied a motion by the plaintiffs to enter new evidence and a motion by PHH to decertify the class, which motion PHH may renew if the case ultimately goes to trial. Following the entry of this order, at the request of the parties, the Court dismissed all of the plaintiffs’ claims for lack of standing and entered judgment in favor of PHH. The plaintiffs appealed </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">to the United States Court of Appeals for the Ninth Circuit and that appeal is now fully briefed. Ocwen will continue to vigorously defend itself. Our current accrual with respect to this matter is included in the $47.1 million legal and regulatory accrual referenced above. At this time, Ocwen is unable to predict the outcome of this lawsuit or the possible loss or range of loss, if any, associated with the resolution of such lawsuit. If our efforts to defend this lawsuit are not successful, our business, reputation, financial condition, liquidity and results of operations could be materially and adversely affected.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The same plaintiffs who filed a TCPA class action against Ocwen subsequently filed a similar class action against trustees of RMBS trusts based on vicarious liability for Ocwen’s alleged non-compliance with the TCPA. This class action filed against the trustees has settled, and while the trustees previously have indicated their intent to seek indemnification from Ocwen based on the vicarious liability claims, they have yet to take any formal action. Additional lawsuits have been and may be filed against us in relation to our TCPA compliance. However, a recent Supreme Court decision significantly undercuts the predominant theory of liability under the TCPA, and should provide even greater defenses on which Ocwen can rely when defending existing lawsuits or any additional lawsuits that may be filed. Nevertheless, given the recency of this Supreme Court decision, and the lack of opportunity for lower courts to interpret and apply it, it remains difficult to predict 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="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Ocwen is a defendant in a certified class action in the U.S. District Court in the Eastern District of California where the plaintiffs claim Ocwen marked up fees for property valuations and title searches in violation of California state law. See</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> Weiner v. Ocwen Financial Corp., et al</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. In May 2020, the court ruled that plaintiff’s recoverable damages are limited to out-of-pocket costs, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">i.e.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the amount of marked-up fees actually paid, rather than the entire cost of the valuation that plaintiffs sought. Following further pre-trial developments, on August 3, 2022, the Court entered an order granting our motion to decertify each of the three classes. On August 17, 2022, plaintiffs filed a petition for permission to appeal the decertification decision and a motion asking the trial court to reconsider its decertification decision, each of which we opposed and are pending a ruling. At this time, Ocwen is unable to predict the outcome of this lawsuit or any additional lawsuits that may be filed, the possible loss or range of loss, if any, associated with the resolution of such lawsuits or the potential impact such lawsuits may have on us or our operations. Ocwen intends to vigorously defend against this lawsuit. If our efforts to defend this lawsuit are not successful, our business, financial condition liquidity and results of operations could be materially and adversely affected. Ocwen may have affirmative indemnification rights and/or other claims against third parties related to the allegations in the lawsuit. Although we may pursue these claims, we cannot currently estimate the amount, if any, of recoveries from these third parties.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are currently involved in a dispute with a former subservicing client, HSBC Bank USA, N.A. (HSBC), which filed a complaint in the Supreme Court of the State of New York against PHH. See </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">HSBC Bank USA, N.A. v. PHH Mortgage Corp.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (Supreme Court of the State of New York). HSBC’s claims relate to alleged breaches of agreements entered into under a prior subservicing arrangement and origination assistance agreement. In its complaint, HSBC also asserted a claim for fraud, which was dismissed by the Court. PHH has answered the complaint and has asserted counterclaims against HSBC for breach of contract. We believe we have strong factual and legal defenses to the remaining claims and are vigorously defending the action. 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 litigation or otherwise. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Ocwen has, however, been impleaded as a third-party defendant into five consolidated loan repurchase cases first filed against Nomura Credit &amp; 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="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition, several RMBS trustees have received notices of events of default alleging material failures by servicers to comply with applicable servicing agreements. Although Ocwen has not been sued by an RMBS trustee in response to an event of default notice, 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 </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">of event 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 an event of default notice, nor can we predict at this time the potential loss or range of loss, if any, associated with the resolution of any event of default notice 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="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Regulatory </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are subject to a number of ongoing federal and state regulatory examinations, consent orders, inquiries, subpoenas, civil investigative demands, requests for information and other actions. We may also on occasion be subject to foreign regulatory actions in the countries where we operate outside the U.S. 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. Our accrual for probable and estimable legal and regulatory matters, including accrued legal fees, was $47.1 million at September 30, 2022. We cannot currently estimate the amount, if any, of reasonably possible losses above amounts that have been recorded at September 30, 2022. 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="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 (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="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">CFPB </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. The parties participated in mediation in October 2020 and subsequently held additional settlement discussions. However, the parties were unable to reach a resolution of the litigation.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 4, 2021, the court issued an order granting in part and reserving ruling in part on Ocwen’s motion for summary judgment. In that order, the court granted Ocwen summary judgment on 9 of 10 counts in the CFPB’s amended complaint, finding that the CFPB’s allegations were barred under the principles of claim preclusion or </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">res judicata</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> to the extent those claims are premised on servicing activity occurring prior to February 26, 2017 and are covered by a 2014 Consent Judgment entered by the United States District Court for the District of Columbia. The CFPB subsequently filed its Second Amended Complaint to remove count 10 as well as allegations in counts 1-9 concerning servicing activity that occurred after February 26, 2017. On April 21, 2021, the court entered final judgment in our favor, denied all pending motions as moot, and closed the case. The CFPB thereafter filed a notice of appeal. Appellate briefing concluded August 26, 2021, and oral argument before the Eleventh Circuit occurred on February 10, 2022. On April 6, 2022, the Eleventh Circuit issued its opinion, largely adopting the district court’s decision precluding the CFPB from bringing claims covered by the National Mortgage Settlement, but vacating and remanding the case back to the district court to determine which, if any, claims are not covered and may still be brought by the CFPB. Neither party sought rehearing of the Eleventh Circuit’s decision. Opening briefs were filed with the district court on September 1, 2022 and response briefs were filed on September 22, 2022. Ocwen will continue to vigorously defend itself.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our current accrual with respect to this matter is included in the $47.1 million 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="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">State Licensing, State Attorneys General and Other Matters</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, as well as from state attorneys general, the CFPB and other federal agencies, including the Department of Justice and various inspectors general. For example, we have received requests regarding the charging of certain fees to borrowers; the post-boarding process to verify loan and payment terms are properly implemented, calculated, and applied; bankruptcy practices; COVID-19-related forbearance and post-forbearance options; and Homeowner Assistance Fund participation and implementation. 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="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In April 2017 and shortly thereafter, mortgage and banking regulatory agencies from 29 states and the District of Columbia took administrative 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. We resolved the majority of these matters in 2017 and resolved the remaining matters in early 2018 An additional state regulator brought legal action together with that state’s attorney general, which we resolved in 2020. In resolving these matters, we entered into agreements that contained certain restrictions and commitments with respect to the operation of our business and our regulatory compliance activities, including certain restrictions and conditions relating to acquisitions of MSRs, a transition to an alternate loan servicing system from the REALServicing system, engagement of third-party auditors, escrow and data testing, error remediation, and financial condition reporting. We also provided certain borrower financial remediation and made payments to state regulators. We believe we have completed all material obligations under these agreements, although a few remaining reporting and other such obligations are ongoing. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On occasion, we engage with agencies of the federal government on various matters. For example, Ocwen was named as a defendant in a HUD administrative complaint filed by a non-profit organization in 2017 alleging discrimination in the manner in which Ocwen 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="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In 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 in the Treasury Department’s Making Home Affordable Program. Ocwen has also received subpoenas that appear to relate to federal government agency initiatives relating to our industry generally, since we understand other lenders and servicers have received similar subpoenas. These include subpoenas in 2016 and 2017 from the Office of Inspector General of HUD requesting documentation related to HECM loans and lender-placed insurance arrangements with a mortgage insurer and a 2019 subpoena from the VA Office of the Inspector General requesting documentation related to the origination and underwriting of loans guaranteed by the Veterans Benefits Administration. In each instance, we have provided documents and information in response to these subpoenas. </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Loan Put-Back and Related Contingencies</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have exposure to representation, warranty and indemnification obligations relating to our Originations business, including lending, loan sales and securitization activities, and relating to our servicing practices. We do not provide or assume any origination representations and warranties in connection with our MSR purchases through MSR flow purchase agreements or Agency Cash Window programs. </span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At September 30, 2022 and September 30, 2021, we had outstanding representation and warranty repurchase demands of $53.3 million UPB (280 loans) and $59.6 million UPB (301 loans), respectively. We review each demand and monitor through resolution, primarily through rescission, loan repurchase or make-whole payment. </span></div><div style="margin-bottom:3pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents the changes in our liability for representation and warranty obligations and similar indemnification obligations:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:70.894%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.536%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.537%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended September 30,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Beginning balance (1)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,430 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,374 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision (reversal) for representation and warranty obligations</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,800 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,483 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New production liability</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,299 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,227 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Charge-offs and other (2) </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,730)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,530)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ending balance (1)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50,798 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,554 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.52pt">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><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.52pt">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><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 September 30, 2022</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 five 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="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We may, from time to time, have affirmative indemnification and other claims against service providers, parties from whom we purchased MSRs or other assets, investors or other parties. 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>
CY2022Q3 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
364900000 usd
ocn Threshold Percentage Of Outstanding Principal Balance On Maximum Claim Amount
ThresholdPercentageOfOutstandingPrincipalBalanceOnMaximumClaimAmount
0.98
CY2021Q4 ocn Home Equity Conversion Mortgage Backed Security Repurchases Outstanding
HomeEquityConversionMortgageBackedSecurityRepurchasesOutstanding
586 security
CY2021Q4 ocn Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value
HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue
129135000 usd
ocn Additions To Home Equity Conversion Mortgage Backed Security Repurchases
AdditionsToHomeEquityConversionMortgageBackedSecurityRepurchases
589 security
ocn Amountof Additions To Home Equity Conversion Mortgage Backed Security Repurchases Value
AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue
154267000 usd
ocn Recoveries Related To Home Equity Conversion Mortgage Backed Security Repurchases
RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases
517 security
ocn Recoveries Related To Home Equity Conversion Mortgage Backed Security Repurchases Value
RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue
133514000 usd
ocn Transfers Related To Home Equity Conversion Mortgage Backed Security Repurchases
TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases
0 security
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 security
ocn Change In Value Of Home Equity Conversion Mortgage Backed Security Repurchases Value
ChangeInValueOfHomeEquityConversionMortgageBackedSecurityRepurchasesValue
-2713000 usd
CY2022Q3 ocn Home Equity Conversion Mortgage Backed Security Repurchases Outstanding
HomeEquityConversionMortgageBackedSecurityRepurchasesOutstanding
658 security
CY2022Q3 ocn Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value
HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue
147175000 usd
CY2022Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
47100000 usd
CY2022Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
47100000 usd
CY2022Q3 ocn Number Of Cases
NumberOfCases
5 case
CY2022Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
47100000 usd
CY2021Q1 ocn Number Of Counts Granted Summary Judgement
NumberOfCountsGrantedSummaryJudgement
9 count
CY2022Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
47100000 usd
CY2017Q2 ocn Number Of States Charging With Regulatory Action
NumberOfStatesChargingWithRegulatoryAction
29 state
CY2022Q3 ocn Warranty Repurchase Demands Unpaid Principal Balance
WarrantyRepurchaseDemandsUnpaidPrincipalBalance
53300000 usd
CY2022Q3 ocn Warranty Repurchase Demands Number Of Loans
WarrantyRepurchaseDemandsNumberOfLoans
280 loan
CY2021Q3 ocn Warranty Repurchase Demands Unpaid Principal Balance
WarrantyRepurchaseDemandsUnpaidPrincipalBalance
59600000 usd
CY2021Q3 ocn Warranty Repurchase Demands Number Of Loans
WarrantyRepurchaseDemandsNumberOfLoans
301 loan
CY2021Q4 ocn Representation Warranty And Compensatory Fees Obligations
RepresentationWarrantyAndCompensatoryFeesObligations
49430000 usd
CY2020Q4 ocn Representation Warranty And Compensatory Fees Obligations
RepresentationWarrantyAndCompensatoryFeesObligations
40374000 usd
ocn Provision For Representation And Warranty Obligations
ProvisionForRepresentationAndWarrantyObligations
1800000 usd
ocn Provision For Representation And Warranty Obligations
ProvisionForRepresentationAndWarrantyObligations
1483000 usd
ocn Indemnification Obligations Liability Reserves
IndemnificationObligationsLiabilityReserves
2299000 usd
ocn Indemnification Obligations Liability Reserves
IndemnificationObligationsLiabilityReserves
3227000 usd
ocn Indemnification Obligations Liability Charge Offs
IndemnificationObligationsLiabilityChargeOffs
2730000 usd
ocn Indemnification Obligations Liability Charge Offs
IndemnificationObligationsLiabilityChargeOffs
2530000 usd
CY2022Q3 ocn Representation Warranty And Compensatory Fees Obligations
RepresentationWarrantyAndCompensatoryFeesObligations
50798000 usd
CY2021Q3 ocn Representation Warranty And Compensatory Fees Obligations
RepresentationWarrantyAndCompensatoryFeesObligations
42554000 usd
ocn Number Of Mortgage Issuers
NumberOfMortgageIssuers
5 issuer
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd

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