$ONIT
ONITY GROUP INC. Stock $onit

$onit Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000162828023015795 Filed on May 04, 2023

Income Statement

Concept	2023 Q2	2023 Q1
Revenue	$272.0M	$261.8M
YoY Change	22.43%	13.06%
Cost Of Revenue	$18.00M	$15.70M
YoY Change	-5.75%	10.82%
Gross Profit	$254.0M	$246.1M
YoY Change	25.09%	13.2%
Gross Profit Margin	93.38%	94.0%
Selling, General & Admin	$62.00M	$93.50M
YoY Change	-46.97%	-11.08%
% of Gross Profit	24.41%	37.99%
Research & Development	$13.00M	$13.40M
YoY Change	-11.51%	-10.14%
% of Gross Profit	5.12%	5.44%
Depreciation & Amortization	$1.600M	$1.800M
YoY Change	-37.65%	-30.82%
% of Gross Profit	0.63%	0.73%
Operating Expenses	$116.0M	$13.40M
YoY Change	689.6%	-10.14%
Operating Profit	$138.0M	$232.7M
YoY Change	-26.74%	14.92%
Interest Expense	-$45.00M	$62.30M
YoY Change	-218.86%	64.49%
% of Operating Profit	-32.61%	26.77%
Other Income/Expense, Net	-$77.00M	-$117.0M
YoY Change	-24.18%	10.53%
Pretax Income	$16.00M	-$38.30M
YoY Change	69.67%	-162.45%
Income Tax	$1.000M	$1.900M
% Of Pretax Income	6.25%
Net Earnings	$15.00M	-$40.20M
YoY Change	44.87%	-169.21%
Net Earnings / Revenue	5.51%	-15.36%
Basic Earnings Per Share	$2.02	-$5.34
Diluted Earnings Per Share	$1.95	-$5.34
COMMON SHARES
Basic Shares Outstanding	7.640M shares	7.527M shares
Diluted Shares Outstanding	7.920M shares	7.534M shares

Balance Sheet

Concept	2023 Q2	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$213.0M	$216.6M
YoY Change	-16.76%	-19.39%
Cash & Equivalents	$213.4M	$216.6M
Short-Term Investments
Other Short-Term Assets	$29.40M	$31.50M
YoY Change	-26.21%	-37.35%
Inventory
Prepaid Expenses
Receivables	$189.0M	$161.1M
Other Receivables	$0.00	$39.10M
Total Short-Term Assets	$402.0M	$448.3M
YoY Change	-15.23%	-15.8%
LONG-TERM ASSETS
Property, Plant & Equipment	$17.00M	$18.90M
YoY Change	-11.46%	-8.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$35.00M	$44.30M
YoY Change	-12.14%	-21.86%
Other Assets	$119.0M	$41.90M
YoY Change	69.97%	-47.37%
Total Long-Term Assets	$12.81B	$12.18B
YoY Change	10.15%	3.51%
TOTAL ASSETS
Total Short-Term Assets	$402.0M	$448.3M
Total Long-Term Assets	$12.81B	$12.18B
Total Assets	$13.22B	$12.63B
YoY Change	9.15%	2.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$103.2M	$99.10M
YoY Change	-2.94%	-28.16%
Accrued Expenses	$77.00M	$129.3M
YoY Change	-47.68%	-25.11%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$180.2M	$228.4M
YoY Change	-28.91%	-26.46%
LONG-TERM LIABILITIES
Long-Term Debt	$12.18B	$11.56B
YoY Change	11.62%	5.49%
Other Long-Term Liabilities	$607.0M	$424.1M
YoY Change	50.79%	-14.5%
Total Long-Term Liabilities	$12.78B	$11.98B
YoY Change	13.01%	4.62%
TOTAL LIABILITIES
Total Short-Term Liabilities	$180.2M	$228.4M
Total Long-Term Liabilities	$12.78B	$11.98B
Total Liabilities	$12.78B	$12.21B
YoY Change	10.53%	3.8%
SHAREHOLDERS EQUITY
Retained Earnings	-$112.6M	-$128.1M
YoY Change	149.29%	130.72%
Common Stock	$100.0K	$100.0K
YoY Change	8.7%	8.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$434.0M	$416.3M
YoY Change
Total Liabilities & Shareholders Equity	$13.22B	$12.63B
YoY Change	9.15%	2.68%

Cashflow Statement

Concept	2023 Q2	2023 Q1
OPERATING ACTIVITIES
Net Income	$15.00M	-$40.20M
YoY Change	44.87%	-169.21%
Depreciation, Depletion And Amortization	$1.600M	$1.800M
YoY Change	-37.65%	-30.82%
Cash From Operating Activities	-$441.3M	-$207.4M
YoY Change	-491.22%	-211.46%
INVESTING ACTIVITIES
Capital Expenditures	$22.60M	$1.100M
YoY Change	-156.62%	-22.04%
Acquisitions
YoY Change
Other Investing Activities	$20.00M	$0.00
YoY Change	-138.65%	-100.0%
Cash From Investing Activities	-$2.600M	-$19.90M
YoY Change	-97.16%	-40.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	520.5M	$209.0M
YoY Change	-1295.23%	-394.99%
NET CHANGE
Cash From Operating Activities	-441.3M	-$207.4M
Cash From Investing Activities	-2.600M	-$19.90M
Cash From Financing Activities	520.5M	$209.0M
Net Change In Cash	76.60M	-$18.30M
YoY Change	-441.81%	-122.44%
FREE CASH FLOW
Cash From Operating Activities	-$441.3M	-$207.4M
Capital Expenditures	$22.60M	$1.100M
Free Cash Flow	-$463.9M	-$208.5M
YoY Change	-403.76%	-212.91%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000873860
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	1-13219
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	OCWEN FINANCIAL CORPORATION
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	FL
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	65-0039856
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1661 Worthington Road, Suite 100
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	33409
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	West Palm Beach,
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	FL
CY2023Q1	dei	City Area Code CityAreaCode	561
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	682-8000
CY2023Q1	dei	Security12b Title Security12bTitle	Common Stock, $0.01 Par Value
CY2023Q1	dei	Trading Symbol TradingSymbol	OCN
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7640333	shares
CY2023Q1	us-gaap	Cash Cash	216600000	usd
CY2022Q4	us-gaap	Cash Cash	208000000.0	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	39300000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	66200000	usd
CY2023Q1	us-gaap	Servicing Asset ServicingAsset	2580600000	usd
CY2022Q4	us-gaap	Servicing Asset ServicingAsset	2665200000	usd
CY2023Q1	ocn	Advances Advances	656900000	usd
CY2022Q4	ocn	Advances Advances	718900000	usd
CY2023Q1	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	845200000	usd
CY2022Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	617800000	usd
CY2023Q1	us-gaap	Loans Receivable Held For Sale Net Not Part Of Disposal Group LoansReceivableHeldForSaleNetNotPartOfDisposalGroup	849400000	usd
CY2022Q4	us-gaap	Loans Receivable Held For Sale Net Not Part Of Disposal Group LoansReceivableHeldForSaleNetNotPartOfDisposalGroup	622700000	usd
CY2023Q1	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	7669000000	usd
CY2022Q4	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	7510800000	usd
CY2023Q1	us-gaap	Other Receivables OtherReceivables	200200000	usd
CY2022Q4	us-gaap	Other Receivables OtherReceivables	180800000	usd
CY2023Q1	us-gaap	Equity Method Investment Aggregate Cost EquityMethodInvestmentAggregateCost	36800000	usd
CY2022Q4	us-gaap	Equity Method Investment Aggregate Cost EquityMethodInvestmentAggregateCost	42200000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	18900000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	20200000	usd
CY2022Q4	us-gaap	Other Short Term Borrowings OtherShortTermBorrowings	702700000	usd
CY2023Q1	us-gaap	Other Assets Fair Value Disclosure OtherAssetsFairValueDisclosure	32900000	usd
CY2022Q4	us-gaap	Other Assets Fair Value Disclosure OtherAssetsFairValueDisclosure	8000000.0	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	359300000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	364200000	usd
CY2023Q1	us-gaap	Assets Assets	12627000000	usd
CY2022Q4	us-gaap	Assets Assets	12399200000	usd
CY2023Q1	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7470600000	usd
CY2022Q4	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7326800000	usd
CY2023Q1	us-gaap	Due To Other Related Parties Noncurrent DueToOtherRelatedPartiesNoncurrent	318700000	usd
CY2022Q4	us-gaap	Due To Other Related Parties Noncurrent DueToOtherRelatedPartiesNoncurrent	329800000	usd
CY2023Q1	ocn	Other Financing Liabilities OtherFinancingLiabilities	1152500000	usd
CY2022Q4	ocn	Other Financing Liabilities OtherFinancingLiabilities	1137400000	usd
CY2023Q1	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	469900000	usd
CY2022Q4	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	513700000	usd
CY2023Q1	us-gaap	Other Short Term Borrowings OtherShortTermBorrowings	948300000	usd
CY2023Q1	us-gaap	Line Of Credit LineOfCredit	914600000	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	953800000	usd
CY2023Q1	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	232500000	usd
CY2022Q4	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	230200000	usd
CY2023Q1	us-gaap	Senior Notes SeniorNotes	602300000	usd
CY2022Q4	us-gaap	Senior Notes SeniorNotes	599600000	usd
CY2023Q1	us-gaap	Other Liabilities Fair Value Disclosure OtherLiabilitiesFairValueDisclosure	12400000	usd
CY2022Q4	us-gaap	Other Liabilities Fair Value Disclosure OtherLiabilitiesFairValueDisclosure	15800000	usd
CY2023Q1	us-gaap	Other Liabilities OtherLiabilities	652500000	usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities	708500000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	12210700000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	11942500000	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	13333333	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	13333333	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7638611	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7638611	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7526117	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7526117	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	100000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	100000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	546700000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	547000000.0	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-128100000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-87900000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2400000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2500000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	416300000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	456700000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	12627000000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	12399200000	usd
CY2023Q1	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	232200000	usd
CY2022Q1	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	212600000	usd
CY2023Q1	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	21200000	usd
CY2022Q1	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	13100000	usd
CY2023Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	2800000	usd
CY2022Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	-3200000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	5600000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	9100000	usd
CY2023Q1	us-gaap	Revenues Revenues	261800000	usd
CY2022Q1	us-gaap	Revenues Revenues	231600000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	69000000.0	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	-35400000	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	58000000.0	usd
CY2022Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	68000000.0	usd
CY2023Q1	ocn	Servicing And Origination ServicingAndOrigination	15700000	usd
CY2022Q1	ocn	Servicing And Origination ServicingAndOrigination	14200000	usd
CY2023Q1	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	13400000	usd
CY2022Q1	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	14900000	usd
CY2023Q1	us-gaap	Professional Fees ProfessionalFees	13300000	usd
CY2022Q1	us-gaap	Professional Fees ProfessionalFees	12200000	usd
CY2023Q1	us-gaap	Occupancy Net OccupancyNet	8800000	usd
CY2022Q1	us-gaap	Occupancy Net OccupancyNet	10100000	usd
CY2023Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-4900000	usd
CY2022Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-7600000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	114100000	usd
CY2022Q1	us-gaap	Costs And Expenses CostsAndExpenses	127000000.0	usd
CY2023Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	14100000	usd
CY2022Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	7100000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	62300000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	37900000	usd
CY2023Q1	us-gaap	Financing Interest Expense FinancingInterestExpense	70300000	usd
CY2022Q1	us-gaap	Financing Interest Expense FinancingInterestExpense	59700000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	300000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	12000000.0	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1200000	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-200000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-117000000.0	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-78700000	usd
CY2023Q1	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-38300000	usd
CY2022Q1	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	61300000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1900000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3200000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-40200000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	58100000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-5.34
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.30
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-5.34
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.01
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7533561	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9215122	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7533561	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9661567	shares
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-40200000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	58100000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	0	usd
CY2022Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-100000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	100000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	0	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-40100000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	58200000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	456700000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-40200000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-300000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	100000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	416300000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	476700000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	58100000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-800000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	100000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	534100000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-40200000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	58100000	usd
CY2023Q1	ocn	Msr Valuation Adjustment Net Increase Decrease MSRValuationAdjustmentNetIncreaseDecrease	90300000	usd
CY2022Q1	ocn	Msr Valuation Adjustment Net Increase Decrease MSRValuationAdjustmentNetIncreaseDecrease	-7200000	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Assets GainsLossesOnSalesOfAssets	-200000	usd
CY2022Q1	us-gaap	Gains Losses On Sales Of Assets GainsLossesOnSalesOfAssets	-100000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	5700000	usd
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4100000	usd
CY2023Q1	ocn	Provision For Reversal Of Representation And Warranty Obligations ProvisionForReversalOfRepresentationAndWarrantyObligations	2900000	usd
CY2022Q1	ocn	Provision For Reversal Of Representation And Warranty Obligations ProvisionForReversalOfRepresentationAndWarrantyObligations	-3200000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1800000	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2600000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2800000	usd
CY2022Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2500000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1500000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	600000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2100000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	-100000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Financial Instruments Used In Operating Activities IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities	14200000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Financial Instruments Used In Operating Activities IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities	-3100000	usd
CY2023Q1	us-gaap	Increase Decrease In Mortgage Loans Held For Sale IncreaseDecreaseInMortgageLoansHeldForSale	2800000	usd
CY2022Q1	us-gaap	Increase Decrease In Mortgage Loans Held For Sale IncreaseDecreaseInMortgageLoansHeldForSale	-3200000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	300000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	12000000.0	usd
CY2023Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	300000	usd
CY2022Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	12000000.0	usd
CY2023Q1	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	2552400000	usd
CY2022Q1	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	3472600000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Collection Of Loans Heldforsale ProceedsFromSaleAndCollectionOfLoansHeldforsale	2312300000	usd
CY2022Q1	us-gaap	Proceeds From Sale And Collection Of Loans Heldforsale ProceedsFromSaleAndCollectionOfLoansHeldforsale	3600900000	usd
CY2023Q1	ocn	Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances	-62800000	usd
CY2022Q1	ocn	Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances	-27300000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	28300000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	9900000	usd
CY2023Q1	us-gaap	Increase Decrease In Derivative Assets And Liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities	29000000.0	usd
CY2022Q1	us-gaap	Increase Decrease In Derivative Assets And Liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities	23300000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-20500000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	15400000	usd
CY2023Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-2400000	usd
CY2022Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-3500000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-207400000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	198200000	usd
CY2023Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	235300000	usd
CY2022Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	620200000	usd
CY2023Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	236100000	usd
CY2022Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	519000000.0	usd
CY2023Q1	us-gaap	Payments To Acquire Other Loans And Leases Held For Investment PaymentsToAcquireOtherLoansAndLeasesHeldForInvestment	0	usd
CY2022Q1	us-gaap	Payments To Acquire Other Loans And Leases Held For Investment PaymentsToAcquireOtherLoansAndLeasesHeldForInvestment	3600000	usd
CY2023Q1	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	30400000	usd
CY2022Q1	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	64300000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	300000	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	134300000	usd
CY2023Q1	ocn	Proceeds From Sale Of Advances ProceedsFromSaleOfAdvances	4600000	usd
CY2022Q1	ocn	Proceeds From Sale Of Advances ProceedsFromSaleOfAdvances	0	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1100000	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1400000	usd
CY2023Q1	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	500000	usd
CY2022Q1	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	200000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans	800000	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans	2100000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	100000	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
CY2023Q1	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	5500000	usd
CY2022Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	11600000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	usd
CY2022Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-400000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-19900000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-45700000	usd
CY2023Q1	ocn	Repayment Of Proceeds From Transfers Accounted For As Secured Borrowings Associated Liabilities RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities	43800000	usd
CY2022Q1	ocn	Repayment Of Proceeds From Transfers Accounted For As Secured Borrowings Associated Liabilities RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities	15000000.0	usd
CY2023Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	245600000	usd
CY2022Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-126000000.0	usd
CY2023Q1	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	144400000	usd
CY2022Q1	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	114200000	usd
CY2023Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	183300000	usd
CY2022Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	121000000.0	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
CY2022Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	900000	usd
CY2023Q1	ocn	Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing	3300000	usd
CY2022Q1	ocn	Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing	39800000	usd
CY2023Q1	ocn	Proceeds From Excess Servicing Spread Financing ProceedsFromExcessServicingSpreadFinancing	68700000	usd
CY2022Q1	ocn	Proceeds From Excess Servicing Spread Financing ProceedsFromExcessServicingSpreadFinancing	0	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	21800000	usd
CY2022Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	28400000	usd
CY2023Q1	ocn	Proceeds From Sale Of Finance Receivables Accounted For As Financing ProceedsFromSaleOfFinanceReceivablesAccountedForAsFinancing	231200000	usd
CY2022Q1	ocn	Proceeds From Sale Of Finance Receivables Accounted For As Financing ProceedsFromSaleOfFinanceReceivablesAccountedForAsFinancing	583900000	usd
CY2023Q1	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	235300000	usd
CY2022Q1	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	517400000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	209000000.0	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-70900000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-18300000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	81600000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	274200000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	263400000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	255900000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	345000000.0	usd
CY2023Q1	ocn	Recognitionof Gross Rightofuse Asset RecognitionofGrossRightofuseAsset	600000	usd
CY2022Q1	ocn	Recognitionof Gross Rightofuse Asset RecognitionofGrossRightofuseAsset	8100000	usd
CY2023Q1	ocn	Recognitionof Lease Liability RecognitionofLeaseLiability	600000	usd
CY2022Q1	ocn	Recognitionof Lease Liability RecognitionofLeaseLiability	8100000	usd
CY2023Q1	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	4400000	usd
CY2022Q1	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	400000	usd
CY2023Q1	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	0	usd
CY2022Q1	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	224100000	usd
CY2023Q1	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	0	usd
CY2022Q1	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	219500000	usd
CY2023Q1	ocn	Supplemental Deferred Purchase Price Holdback SupplementalDeferredPurchasePriceHoldback	0	usd
CY2022Q1	ocn	Supplemental Deferred Purchase Price Holdback SupplementalDeferredPurchasePriceHoldback	-900000	usd
CY2023Q1	us-gaap	Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset	0	usd
CY2022Q1	us-gaap	Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset	3700000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	216600000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	268700000	usd
CY2023Q1	ocn	Debt Service Accounts DebtServiceAccounts	21500000	usd
CY2022Q1	ocn	Debt Service Accounts DebtServiceAccounts	13100000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	17800000	usd
CY2022Q1	us-gaap	Restricted Cash RestrictedCash	63200000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	255900000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	345000000.0	usd
CY2023Q1	dei	Entity Number Of Employees EntityNumberOfEmployees	4700	numberofemployees
CY2023Q1	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>
CY2023Q1	ocn	Average Periodto Securitization AveragePeriodtoSecuritization	P30D
CY2023Q1	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	2316800000	usd
CY2022Q1	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	3588300000	usd
CY2023Q1	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	27000000.0	usd
CY2022Q1	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	21700000	usd
CY2023Q1	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	3100000	usd
CY2022Q1	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	2000000.0	usd
CY2023Q1	ocn	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	2340600000	usd
CY2022Q1	ocn	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	3607900000	usd
CY2023Q1	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	31100000	usd
CY2022Q1	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	45800000	usd
CY2023Q1	ocn	Unpaid Principal Balance Of Loans Transferred UnpaidPrincipalBalanceOfLoansTransferred	39283700000	usd
CY2022Q4	ocn	Unpaid Principal Balance Of Loans Transferred UnpaidPrincipalBalanceOfLoansTransferred	37571100000	usd
CY2023Q1	ocn	Maximum Exposure To Loss MaximumExposureToLoss	39861400000	usd
CY2022Q4	ocn	Maximum Exposure To Loss MaximumExposureToLoss	38171200000	usd
CY2023Q1	ocn	Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue	0.022
	ocn	Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue	0.025
CY2023Q1	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2022Q4	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2023Q1	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2022Q4	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2023Q1	ocn	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Prepayment Speed Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInPrepaymentSpeedPercent	0.009
CY2022Q4	ocn	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Prepayment Speed Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInPrepaymentSpeedPercent	0.017
CY2023Q1	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	63200000	usd
CY2023Q1	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	123600000	usd
CY2023Q1	ocn	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Discount Rate Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInDiscountRatePercent	0.010
CY2022Q4	ocn	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Discount Rate Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInDiscountRatePercent	0.019
CY2023Q1	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	73300000	usd
CY2023Q1	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	140900000	usd
CY2022Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	617800000	usd
CY2021Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	917500000	usd
CY2023Q1	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	2552400000	usd
CY2022Q1	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	3472600000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	2296100000	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	3570900000	usd
CY2023Q1	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	15400000	usd
CY2022Q1	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	29500000	usd
CY2023Q1	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	1600000	usd
CY2022Q1	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	3100000	usd
CY2023Q1	ocn	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	1100000	usd
CY2022Q1	ocn	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	-700000	usd
CY2023Q1	ocn	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	4200000	usd
CY2022Q1	ocn	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	0	usd
CY2023Q1	ocn	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	2000000.0	usd
CY2022Q1	ocn	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	7300000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	-22000000.0	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	-72300000	usd
CY2023Q1	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	6200000	usd
CY2022Q1	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	-12300000	usd
CY2023Q1	ocn	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	1700000	usd
CY2022Q1	ocn	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	1000000.0	usd
CY2023Q1	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	845200000	usd
CY2022Q1	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	716000000.0	usd
CY2023Q1	ocn	Principal Amount Outstanding On Loans Held For Sale PrincipalAmountOutstandingOnLoansHeldForSale	845600000	usd
CY2022Q1	ocn	Principal Amount Outstanding On Loans Held For Sale PrincipalAmountOutstandingOnLoansHeldForSale	736600000	usd
CY2023Q1	ocn	Premium Discount Balance On Loans Held For Sale PremiumDiscountBalanceOnLoansHeldForSale	6700000	usd
CY2022Q1	ocn	Premium Discount Balance On Loans Held For Sale PremiumDiscountBalanceOnLoansHeldForSale	-3900000	usd
CY2023Q1	ocn	Fair Value Adjustment To Loans Held For Sale FairValueAdjustmentToLoansHeldForSale	-7100000	usd
CY2022Q1	ocn	Fair Value Adjustment To Loans Held For Sale FairValueAdjustmentToLoansHeldForSale	-16700000	usd
CY2023Q1	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	845200000	usd
CY2022Q1	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	716000000.0	usd
CY2023Q1	ocn	Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance	8100000	usd
CY2022Q1	ocn	Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance	13300000	usd
CY2023Q1	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	3900000	usd
CY2022Q1	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	4300000	usd
CY2023Q1	ocn	Loans Held For Sale At Lower Of Cost Or Fair Value LoansHeldForSaleAtLowerOfCostOrFairValue	4200000	usd
CY2022Q1	ocn	Loans Held For Sale At Lower Of Cost Or Fair Value LoansHeldForSaleAtLowerOfCostOrFairValue	9000000.0	usd
CY2023Q1	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	31100000	usd
CY2022Q1	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	45800000	usd
CY2023Q1	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	9100000	usd
CY2022Q1	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	-25900000	usd
CY2023Q1	ocn	Gain Loss On Interest Rate Derivative Instruments GainLossOnInterestRateDerivativeInstruments	5700000	usd
CY2022Q1	ocn	Gain Loss On Interest Rate Derivative Instruments GainLossOnInterestRateDerivativeInstruments	-12100000	usd
CY2023Q1	ocn	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	4800000	usd
CY2022Q1	ocn	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	-11700000	usd
CY2023Q1	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	-16400000	usd
CY2022Q1	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	47100000	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-300000	usd
CY2022Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-700000	usd
CY2023Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	2800000	usd
CY2022Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	-3200000	usd
CY2022Q4	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7504100000	usd
CY2022Q4	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7504100000	usd
CY2022Q4	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7504100000	usd
CY2022Q4	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7504100000	usd
CY2022Q4	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7326800000	usd
CY2021Q4	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7199800000	usd
CY2021Q4	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	6885000000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	235300000	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	620200000	usd
CY2023Q1	ocn	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	231200000	usd
CY2022Q1	ocn	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	583900000	usd
CY2023Q1	ocn	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	6400000	usd
CY2022Q1	ocn	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	12200000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages Acquisitions LoansHeldForInvestmentReverseMortgagesAcquisitions	0	usd
CY2023Q1	ocn	Hmbs Related Borrowings Acquisitions HMBSRelatedBorrowingsAcquisitions	0	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages Acquisitions LoansHeldForInvestmentReverseMortgagesAcquisitions	211300000	usd
CY2022Q1	ocn	Hmbs Related Borrowings Acquisitions HMBSRelatedBorrowingsAcquisitions	209100000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	235600000	usd
CY2023Q1	ocn	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	235300000	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	518800000	usd
CY2022Q1	ocn	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	517400000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	1600000	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	3200000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	900000	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	12500000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	0	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	100000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	161500000	usd
CY2023Q1	ocn	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-141500000	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	-45100000	usd
CY2022Q1	ocn	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	54000000.0	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7662800000	usd
CY2023Q1	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7470600000	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7451600000	usd
CY2022Q1	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7118800000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	7545200000	usd
CY2023Q1	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	7470600000	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	7202000000	usd
CY2022Q1	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	7118800000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	117600000	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	249500000	usd
CY2023Q1	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7662800000	usd
CY2022Q1	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7451600000	usd
CY2023Q1	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	5900000	usd
CY2022Q1	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	20700000	usd
CY2023Q1	ocn	Gain On Tail Securitization GainOnTailSecuritization	3600000	usd
CY2022Q1	ocn	Gain On Tail Securitization GainOnTailSecuritization	3800000	usd
CY2023Q1	ocn	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	5900000	usd
CY2022Q1	ocn	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	5300000	usd
CY2023Q1	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	4500000	usd
CY2022Q1	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	-21000000.0	usd
CY2023Q1	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	20000000.0	usd
CY2022Q1	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	8800000	usd
CY2023Q1	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	1200000	usd
CY2022Q1	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	4300000	usd
CY2023Q1	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	21200000	usd
CY2022Q1	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	13100000	usd
CY2023Q1	ocn	Advances Payments On Behalf Of Borrower Gross AdvancesPaymentsOnBehalfOfBorrowerGross	663100000	usd
CY2022Q4	ocn	Advances Payments On Behalf Of Borrower Gross AdvancesPaymentsOnBehalfOfBorrowerGross	725100000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6200000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6200000	usd
CY2023Q1	ocn	Advances Payments On Behalf Of Borrower Net Of Valuation Allowance AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance	656900000	usd
CY2022Q4	ocn	Advances Payments On Behalf Of Borrower Net Of Valuation Allowance AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance	718900000	usd
CY2022Q4	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	725100000	usd
CY2021Q4	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	779500000	usd
CY2023Q1	ocn	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	188900000	usd
CY2022Q1	ocn	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	197300000	usd
CY2023Q1	ocn	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	-8900000	usd
CY2022Q1	ocn	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	0	usd
CY2023Q1	ocn	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	4200000	usd
CY2022Q1	ocn	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	600000	usd
CY2023Q1	ocn	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	255600000	usd
CY2022Q1	ocn	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	239200000	usd
CY2023Q1	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	663100000	usd
CY2022Q1	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	736900000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6200000	usd
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7000000.0	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	1700000	usd
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	1800000	usd
CY2023Q1	ocn	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	1700000	usd
CY2022Q1	ocn	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	1900000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6200000	usd
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6900000	usd
CY2023Q1	ocn	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	656900000	usd
CY2022Q1	ocn	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	730000000.0	usd
CY2022Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2665200000	usd
CY2021Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2250100000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	149300000	usd
CY2023Q1	ocn	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	31100000	usd
CY2022Q1	ocn	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	45800000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	25000000.0	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	46800000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	0	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	-800000	usd
CY2023Q1	ocn	Servicing Assets At Fair Value Net Additions Sales Recognized ServicingAssetsAtFairValueNetAdditionsSalesRecognized	56100000	usd
CY2022Q1	ocn	Servicing Assets At Fair Value Net Additions Sales Recognized ServicingAssetsAtFairValueNetAdditionsSalesRecognized	-57500000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	83600000	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-203500000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	57100000	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	72800000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	140700000	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-130700000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2580600000	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2323300000	usd
CY2023Q1	us-gaap	Financing Receivable Percent Past Due1 FinancingReceivablePercentPastDue1	0.100
CY2022Q4	us-gaap	Financing Receivable Percent Past Due1 FinancingReceivablePercentPastDue1	0.111
CY2023Q1	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2580600000	usd
CY2023Q1	ocn	Assets Serviced AssetsServiced	200000000000.0	usd
CY2022Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2665200000	usd
CY2022Q4	ocn	Assets Serviced AssetsServiced	199600000000	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2323300000	usd
CY2022Q1	ocn	Assets Serviced AssetsServiced	194000000000.0	usd
CY2023Q1	ocn	Unpaid Principal Balance Of Portfolio Of Loans Acquired UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired	2000000000	usd
CY2022Q1	ocn	Unpaid Principal Balance Of Portfolio Of Loans Acquired UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired	4100000000	usd
CY2023Q1	us-gaap	Mortgage Loans On Real Estate Cost Of Mortgages Sold MortgageLoansOnRealEstateCostOfMortgagesSold	15800000	usd
CY2022Q1	us-gaap	Mortgage Loans On Real Estate Cost Of Mortgages Sold MortgageLoansOnRealEstateCostOfMortgagesSold	11100000000	usd
CY2023Q1	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	90000000.0	usd
CY2022Q1	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	88500000	usd
CY2023Q1	ocn	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	19700000	usd
CY2022Q1	ocn	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	14700000	usd
CY2023Q1	ocn	Contractually Specified Servicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty	18200000	usd
CY2022Q1	ocn	Contractually Specified Servicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty	16600000	usd
CY2023Q1	ocn	Servicing Fee Collected On Behalf Of Counterparty ServicingFeeCollectedOnBehalfOfCounterparty	59600000	usd
CY2022Q1	ocn	Servicing Fee Collected On Behalf Of Counterparty ServicingFeeCollectedOnBehalfOfCounterparty	67100000	usd
CY2023Q1	ocn	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	187500000	usd
CY2022Q1	ocn	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	187000000.0	usd
CY2023Q1	ocn	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	20200000	usd
CY2022Q1	ocn	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	1000000.0	usd
CY2023Q1	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	9600000	usd
CY2022Q1	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	10000000.0	usd
CY2023Q1	ocn	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	8100000	usd
CY2022Q1	ocn	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	3100000	usd
CY2023Q1	ocn	Loan Collection Fees Earned In Exchange For Servicing Financial Assets LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets	2600000	usd
CY2022Q1	ocn	Loan Collection Fees Earned In Exchange For Servicing Financial Assets LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets	2900000	usd
CY2023Q1	ocn	Recording Fees RecordingFees	1200000	usd
CY2022Q1	ocn	Recording Fees RecordingFees	3300000	usd
CY2023Q1	ocn	Boarding And De Boarding Fees BoardingAndDeBoardingFees	900000	usd
CY2022Q1	ocn	Boarding And De Boarding Fees BoardingAndDeBoardingFees	1800000	usd
CY2023Q1	ocn	Gse Forbearance Fees GSEForbearanceFees	200000	usd
CY2022Q1	ocn	Gse Forbearance Fees GSEForbearanceFees	200000	usd
CY2023Q1	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	2000000.0	usd
CY2022Q1	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	3400000	usd
CY2023Q1	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	44700000	usd
CY2022Q1	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	25600000	usd
CY2023Q1	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	232200000	usd
CY2022Q1	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	212600000	usd
CY2023Q1	us-gaap	Fair Value Disclosure Offbalance Sheet Risks Amount Asset FairValueDisclosureOffbalanceSheetRisksAmountAsset	1900000000	usd
CY2022Q4	us-gaap	Fair Value Disclosure Offbalance Sheet Risks Amount Asset FairValueDisclosureOffbalanceSheetRisksAmountAsset	1500000000	usd
CY2022Q1	us-gaap	Fair Value Disclosure Offbalance Sheet Risks Amount Asset FairValueDisclosureOffbalanceSheetRisksAmountAsset	2100000000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	83600000	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-203500000	usd
CY2023Q1	ocn	Msr Realization Of Expected Cash Flows MSRRealizationOfExpectedCashFlows	57000000.0	usd
CY2022Q1	ocn	Msr Realization Of Expected Cash Flows MSRRealizationOfExpectedCashFlows	72800000	usd
CY2023Q1	ocn	Total Msr Fair Value Gains Losses TotalMSRFairValueGainsLosses	140600000	usd
CY2022Q1	ocn	Total Msr Fair Value Gains Losses TotalMSRFairValueGainsLosses	-130700000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	69000000.0	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	-35400000	usd
CY2023Q1	ocn	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	100000	usd
CY2022Q1	ocn	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	0	usd
CY2023Q1	ocn	Other Financing Liabilities OtherFinancingLiabilities	1152500000	usd
CY2022Q4	ocn	Other Financing Liabilities OtherFinancingLiabilities	1137400000	usd
CY2023Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	76000000.0	usd
CY2022Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	82900000	usd
CY2023Q1	ocn	Bank Servicing Fees Retained BankServicingFeesRetained	-19500000	usd
CY2022Q1	ocn	Bank Servicing Fees Retained BankServicingFeesRetained	-21500000	usd
CY2023Q1	ocn	Ancillary And Other Settlement AncillaryAndOtherSettlement	3300000	usd
CY2022Q1	ocn	Ancillary And Other Settlement AncillaryAndOtherSettlement	-1700000	usd
CY2023Q1	us-gaap	Financing Interest Expense FinancingInterestExpense	70300000	usd
CY2022Q1	us-gaap	Financing Interest Expense FinancingInterestExpense	59700000	usd
CY2022Q2	ocn	Servicing Agreement Renewal Term ServicingAgreementRenewalTerm	P1Y
CY2023Q1	ocn	Number Of Subservicers NumberOfSubservicers	3	subservicer
CY2023Q1	ocn	Servicing Receivable Government Insured Loan Claims ServicingReceivableGovernmentInsuredLoanClaims	53400000	usd
CY2022Q4	ocn	Servicing Receivable Government Insured Loan Claims ServicingReceivableGovernmentInsuredLoanClaims	65000000.0	usd
CY2023Q1	ocn	Servicing Receivable Government Insured Loan Claims Reverse ServicingReceivableGovernmentInsuredLoanClaimsReverse	96600000	usd
CY2022Q4	ocn	Servicing Receivable Government Insured Loan Claims Reverse ServicingReceivableGovernmentInsuredLoanClaimsReverse	73800000	usd
CY2023Q1	ocn	Servicing Receivable Due From Custodial Accounts ServicingReceivableDueFromCustodialAccounts	22700000	usd
CY2022Q4	ocn	Servicing Receivable Due From Custodial Accounts ServicingReceivableDueFromCustodialAccounts	16300000	usd
CY2023Q1	ocn	Servicing Fee Due From Interim Subservicer ServicingFeeDueFromInterimSubservicer	7700000	usd
CY2022Q4	ocn	Servicing Fee Due From Interim Subservicer ServicingFeeDueFromInterimSubservicer	6400000	usd
CY2023Q1	ocn	Servicing Receivable Reimbursable Expenses ServicingReceivableReimbursableExpenses	5800000	usd
CY2022Q4	ocn	Servicing Receivable Reimbursable Expenses ServicingReceivableReimbursableExpenses	5300000	usd
CY2023Q1	ocn	Counter Party Receivables CounterPartyReceivables	1600000	usd
CY2022Q4	ocn	Counter Party Receivables CounterPartyReceivables	3000000.0	usd
CY2023Q1	ocn	Receivables From Sale Of Mortgage Servicing Rights ReceivablesFromSaleOfMortgageServicingRights	1500000	usd
CY2022Q4	ocn	Receivables From Sale Of Mortgage Servicing Rights ReceivablesFromSaleOfMortgageServicingRights	1500000	usd
CY2023Q1	ocn	Subservicing Fees And Reimbursable Expenses SubservicingFeesAndReimbursableExpenses	500000	usd
CY2022Q4	ocn	Subservicing Fees And Reimbursable Expenses SubservicingFeesAndReimbursableExpenses	1000000.0	usd
CY2023Q1	ocn	Servicing Receivable Other ServicingReceivableOther	800000	usd
CY2022Q4	ocn	Servicing Receivable Other ServicingReceivableOther	3200000	usd
CY2023Q1	ocn	Servicing Receivable Net ServicingReceivableNet	190600000	usd
CY2022Q4	ocn	Servicing Receivable Net ServicingReceivableNet	175500000	usd
CY2023Q1	us-gaap	Income Tax Receivable IncomeTaxReceivable	33400000	usd
CY2022Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	34400000	usd
CY2023Q1	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	400000	usd
CY2022Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	600000	usd
CY2023Q1	ocn	Other Receivables Net OtherReceivablesNet	5300000	usd
CY2022Q4	ocn	Other Receivables Net OtherReceivablesNet	4600000	usd
CY2023Q1	ocn	Other Receivables Gross OtherReceivablesGross	229700000	usd
CY2022Q4	ocn	Other Receivables Gross OtherReceivablesGross	215100000	usd
CY2023Q1	ocn	Other Receivables Allowance For Losses OtherReceivablesAllowanceForLosses	29500000	usd
CY2022Q4	ocn	Other Receivables Allowance For Losses OtherReceivablesAllowanceForLosses	34300000	usd
CY2023Q1	us-gaap	Other Receivables OtherReceivables	200200000	usd
CY2022Q4	us-gaap	Other Receivables OtherReceivables	180800000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	19800000	usd
CY2023Q1	us-gaap	Other Real Estate OtherRealEstate	12400000	usd
CY2023Q1	ocn	Loan Repurchase Asset LoanRepurchaseAsset	257600000	usd
CY2022Q4	ocn	Loan Repurchase Asset LoanRepurchaseAsset	289900000	usd
CY2023Q1	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	32600000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	7700000	usd
CY2023Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	20800000	usd
CY2022Q4	us-gaap	Other Real Estate OtherRealEstate	9800000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	6500000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5000000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	9800000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	14700000	usd
CY2023Q1	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	6700000	usd
CY2022Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	1500000	usd
CY2023Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	5700000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	7700000	usd
CY2023Q1	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent	5000000.0	usd
CY2022Q4	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent	5000000.0	usd
CY2023Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2600000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2600000	usd
CY2023Q1	us-gaap	Deposits Assets DepositsAssets	800000	usd
CY2022Q4	us-gaap	Deposits Assets DepositsAssets	800000	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	5300000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	4700000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	359300000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	364200000	usd
CY2023Q1	us-gaap	Senior Notes SeniorNotes	602300000	usd
CY2022Q4	us-gaap	Senior Notes SeniorNotes	599600000	usd
CY2023Q1	ocn	Debt Instrument Covenant Compliance Consolidated Tangible Net Worthat Period End DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd	300000000	usd
CY2023Q1	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	257600000	usd
CY2022Q4	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	289900000	usd
CY2023Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	64300000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	75900000	usd
CY2023Q1	ocn	Remittance Of Advances And Servicing Fees RemittanceOfAdvancesAndServicingFees	59800000	usd
CY2022Q4	ocn	Remittance Of Advances And Servicing Fees RemittanceOfAdvancesAndServicingFees	64400000	usd
CY2023Q1	ocn	Checks Held For Escheat ChecksHeldForEscheat	52800000	usd
CY2022Q4	ocn	Checks Held For Escheat ChecksHeldForEscheat	48100000	usd
CY2023Q1	ocn	Indemnification Obligations Liability IndemnificationObligationsLiability	44400000	usd
CY2022Q4	ocn	Indemnification Obligations Liability IndemnificationObligationsLiability	43800000	usd
CY2023Q1	us-gaap	Litigation Reserve Noncurrent LitigationReserveNoncurrent	40000000.0	usd
CY2022Q4	us-gaap	Litigation Reserve Noncurrent LitigationReserveNoncurrent	42200000	usd
CY2023Q1	ocn	Due To Servicing And Subservicing Investors DueToServicingAndSubservicingInvestors	39300000	usd
CY2022Q4	ocn	Due To Servicing And Subservicing Investors DueToServicingAndSubservicingInvestors	40100000	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	15200000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	16600000	usd
CY2023Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	12300000	usd
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	15700000	usd
CY2023Q1	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	11200000	usd
CY2022Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	10900000	usd
CY2023Q1	us-gaap	Interest Payable Current InterestPayableCurrent	9800000	usd
CY2022Q4	us-gaap	Interest Payable Current InterestPayableCurrent	13700000	usd
CY2023Q1	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	9300000	usd
CY2022Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	9300000	usd
CY2023Q1	ocn	Servicing Assets Purchase Price Holdback ServicingAssetsPurchasePriceHoldback	8500000	usd
CY2022Q4	ocn	Servicing Assets Purchase Price Holdback ServicingAssetsPurchasePriceHoldback	13900000	usd
CY2023Q1	us-gaap	Hedged Liability Fair Value Hedge HedgedLiabilityFairValueHedge	7100000	usd
CY2022Q4	us-gaap	Hedged Liability Fair Value Hedge HedgedLiabilityFairValueHedge	6000000.0	usd
CY2023Q1	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	6800000	usd
CY2022Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	6200000	usd
CY2023Q1	us-gaap	Loss Contingency Accrual Product Liability Net LossContingencyAccrualProductLiabilityNet	5100000	usd
CY2022Q4	us-gaap	Loss Contingency Accrual Product Liability Net LossContingencyAccrualProductLiabilityNet	5000000.0	usd
CY2023Q1	ocn	Excess Servicing Fees Spread Payable ExcessServicingFeesSpreadPayable	3500000	usd
CY2022Q4	ocn	Excess Servicing Fees Spread Payable ExcessServicingFeesSpreadPayable	3400000	usd
CY2023Q1	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 20 – 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 </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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), current or former employees, 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 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, (4) certain legacy mortgage reinsurance arrangements violated RESPA, and (5) we failed to subservice loans appropriately pursuant to subservicing and other agreements. 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 $40.0 million at March 31, 2023. We cannot currently estimate the amount, if any, of reasonably possible losses above amounts that have been recorded at March 31, 2023. </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 class actions challenging, under state and federal law, our practice of charging borrowers a fee to use certain optional payment methods, including: </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), </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) 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%">Jones v. PHH Mortg. Corp., et </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:400;line-height:120%">al. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(D. N.J.). We have reached settlements in five 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%">Thacker</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%">Torliatt</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> cases, the parties executed settlement agreements which were granted final approval by the Court in November 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%">Morris</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’ settlement, and we are proceeding with class notice before moving for final approval. 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%">Williams</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 has granted preliminary approval of the settlement. Finally, we have reached a tentative settlement with the class plaintiffs 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%">Forest</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> class action. In February 2023, 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%">Jones</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> class action was filed in federal court in New Jersey and we have taken initial steps to file a motion to dismiss the complaint.</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. In January 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 to the United States Court of Appeals for the Ninth Circuit, and on February 24, 2023 that court reversed and remanded for further proceedings. Ocwen will continue to vigorously defend itself. Our current accrual with respect to this matter is included in the $40.0 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%">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, in August 2022, the Court entered an order granting our motion to decertify each of the three classes. The plaintiffs filed a petition for permission to appeal the decertification decision and a motion asking the trial court to reconsider its decertification decision, and on February 28, 2023, the court granted that motion. 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 & 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. </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%">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 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, 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. 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. On April 6, 2022, the Eleventh Circuit issued its opinion relating to the appeal, </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%">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. Following briefing and oral argument, on May 2, 2023, the court issued an order granting in full Ocwen’s motion for summary judgment on the remaining 9 counts. In that order, based on a claim by claim analysis, the court found that all of the CFPB’s claims were barred under the principles of res judicata because they were premised on servicing activity covered by the 2014 Consent Judgment referenced above. Also on May 2, 2023, the court entered final judgment in our favor, denied all pending motions as moot, and closed the case. To the extent the CFPB appeals the court’s order, 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 $40.0 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 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, and engage with us on various matters. 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"><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="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 lending, loan sales and securitization activities, and servicing practices. We receive origination representations and warranties from our network of approved originators in connection with loans we purchased through our correspondent lending channel. To the extent that we have recourse against a third-party originator, we may recover part or all of any loss we may incur. 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 March 31, 2023 and March 31, 2022, we had outstanding representation and warranty repurchase demands of $31.0 million UPB (127 loans) and $49.8 million UPB (270 loans), respectively. We review each demand and monitor through resolution, primarily through rescission, loan repurchase or make-whole payment. </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 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%">Three Months Ended March 31,</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%">2023</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%">2022</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%">41.6 </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%">49.4 </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 for (reversal of) 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%">2.7 </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%">(3.6)</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%">0.3 </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%">0.7 </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%">(2.7)</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%">(2.1)</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%">41.9 </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%">44.4 </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 March 31, 2023</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, has 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 entered into tolling agreements, initiated arbitration or litigation, engaged in settlement discussions, or took other similar actions. Ocwen has now settled or otherwise resolved all of its pending mortgage insurance litigation 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%">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>
CY2023Q1	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	5500000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	3400000	usd
CY2023Q1	us-gaap	Other Liabilities OtherLiabilities	652500000	usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities	708500000	usd
CY2023Q1	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	2428100000	usd
CY2023Q1	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	32600000	usd
CY2022Q4	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	937800000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	7700000	usd
CY2023Q1	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	1550700000	usd
CY2023Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	12300000	usd
CY2022Q4	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	1371400000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	15700000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	3500000	usd
CY2022Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-32000000.0	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	62300000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	37900000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-40200000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	58100000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7533561	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9215122	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-5.34
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.30
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-40200000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	58100000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7533561	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9215122	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	278320	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	73	shares
CY2023Q1	ocn	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	0	shares
CY2022Q1	ocn	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	168052	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7533561	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9661567	shares
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-5.34
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.01
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	34657	shares
CY2023Q1	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	40000000	usd
CY2022Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	98520	shares
CY2023Q1	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	232200000	usd
CY2023Q1	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	21200000	usd
CY2023Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	2800000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	5600000	usd
CY2023Q1	us-gaap	Revenues Revenues	261800000	usd
CY2023Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	69000000.0	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	114100000	usd
CY2023Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	14100000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	62300000	usd
CY2023Q1	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	70300000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	300000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1200000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-117000000.0	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-38300000	usd
CY2022Q1	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	212600000	usd
CY2022Q1	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	13100000	usd
CY2022Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	-3200000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	9100000	usd
CY2022Q1	us-gaap	Revenues Revenues	231600000	usd
CY2022Q1	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	-35400000	usd
CY2022Q1	us-gaap	Costs And Expenses CostsAndExpenses	127000000.0	usd
CY2022Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	7100000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	37900000	usd
CY2022Q1	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	59700000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	12000000.0	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-200000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-78700000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	61300000	usd
CY2023Q1	us-gaap	Assets Assets	12627000000	usd
CY2022Q4	us-gaap	Assets Assets	12399200000	usd
CY2022Q1	us-gaap	Assets Assets	12297800000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	1800000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2800000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1500000	usd
CY2022Q1	us-gaap	Depreciation Depreciation	2600000	usd
CY2022Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2500000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	600000	usd
CY2023Q1	us-gaap	Capital Required For Capital Adequacy CapitalRequiredForCapitalAdequacy	376800000	usd
CY2023Q1	ocn	Percentage Of Portfolio To Total Forward Owned Servicing PercentageOfPortfolioToTotalForwardOwnedServicing	0.07
CY2023Q1	ocn	Percentage Of Government Insured Loans Upb To Total Upb Serviced And Sub Serviced PercentageOfGovernmentInsuredLoansUPBToTotalUPBServicedAndSubServiced	0.05
CY2023Q1	ocn	Threshold Percentage Of Outstanding Principal Balance On Maximum Claim Amount ThresholdPercentageOfOutstandingPrincipalBalanceOnMaximumClaimAmount	0.98
CY2022Q4	ocn	Home Equity Conversion Mortgage Backed Security Repurchases Outstanding HomeEquityConversionMortgageBackedSecurityRepurchasesOutstanding	721	security
CY2022Q4	ocn	Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue	178400000	usd
CY2023Q1	ocn	Additions To Home Equity Conversion Mortgage Backed Security Repurchases AdditionsToHomeEquityConversionMortgageBackedSecurityRepurchases	345	security
CY2023Q1	ocn	Amountof Additions To Home Equity Conversion Mortgage Backed Security Repurchases Value AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	91900000	usd
CY2023Q1	ocn	Recoveries Related To Home Equity Conversion Mortgage Backed Security Repurchases RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases	262	security
CY2023Q1	ocn	Recoveries Related To Home Equity Conversion Mortgage Backed Security Repurchases Value RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	67600000	usd
CY2023Q1	ocn	Transfers Related To Home Equity Conversion Mortgage Backed Security Repurchases TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchases	0	security
CY2023Q1	ocn	Transfers Related To Home Equity Conversion Mortgage Backed Security Repurchases Value TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	0	usd
CY2023Q1	ocn	Change In Value Of Home Equity Conversion Mortgage Backed Security Repurchases ChangeInValueOfHomeEquityConversionMortgageBackedSecurityRepurchases	0	security
CY2023Q1	ocn	Change In Value Of Home Equity Conversion Mortgage Backed Security Repurchases Value ChangeInValueOfHomeEquityConversionMortgageBackedSecurityRepurchasesValue	-1200000	usd
CY2023Q1	ocn	Home Equity Conversion Mortgage Backed Security Repurchases Outstanding HomeEquityConversionMortgageBackedSecurityRepurchasesOutstanding	804	security
CY2023Q1	ocn	Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue	201500000	usd
CY2023Q1	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	40000000	usd
CY2023Q1	ocn	Number Of Cases NumberOfCases	5	case
CY2021Q1	ocn	Number Of Counts Granted Summary Judgement NumberOfCountsGrantedSummaryJudgement	9	count
CY2023Q1	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	40000000	usd
CY2023Q1	ocn	Warranty Repurchase Demands Unpaid Principal Balance WarrantyRepurchaseDemandsUnpaidPrincipalBalance	31000000	usd
CY2023Q1	ocn	Warranty Repurchase Demands Number Of Loans WarrantyRepurchaseDemandsNumberOfLoans	127	loan
CY2022Q1	ocn	Warranty Repurchase Demands Unpaid Principal Balance WarrantyRepurchaseDemandsUnpaidPrincipalBalance	49800000	usd
CY2022Q1	ocn	Warranty Repurchase Demands Number Of Loans WarrantyRepurchaseDemandsNumberOfLoans	270	loan
CY2022Q4	ocn	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	41600000	usd
CY2021Q4	ocn	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	49400000	usd
CY2023Q1	ocn	Provision For Representation And Warranty Obligations ProvisionForRepresentationAndWarrantyObligations	2700000	usd
CY2022Q1	ocn	Provision For Representation And Warranty Obligations ProvisionForRepresentationAndWarrantyObligations	-3600000	usd
CY2023Q1	ocn	Indemnification Obligations Liability Reserves IndemnificationObligationsLiabilityReserves	300000	usd
CY2022Q1	ocn	Indemnification Obligations Liability Reserves IndemnificationObligationsLiabilityReserves	700000	usd
CY2023Q1	ocn	Indemnification Obligations Liability Charge Offs IndemnificationObligationsLiabilityChargeOffs	2700000	usd
CY2022Q1	ocn	Indemnification Obligations Liability Charge Offs IndemnificationObligationsLiabilityChargeOffs	2100000	usd
CY2023Q1	ocn	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	41900000	usd
CY2022Q1	ocn	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	44400000	usd

Files In Submission

Name	View Source	Status
0001628280-23-015795-index-headers.html	Edgar Link	pending
0001628280-23-015795-index.html	Edgar Link	pending
0001628280-23-015795.txt	Edgar Link	pending
0001628280-23-015795-xbrl.zip	Edgar Link	pending
a20230331ex311.htm	Edgar Link	pending
a20230331ex312.htm	Edgar Link	pending
a20230331ex321.htm	Edgar Link	pending
a20230331ex322.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
ocn-20230331.htm	Edgar Link	pending
ocn-20230331.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R100.htm	Edgar Link	pending
R101.htm	Edgar Link	pending
R102.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
ocn-20230331_def.xml	Edgar Link	unprocessable
ocn-20230331_cal.xml	Edgar Link	unprocessable
ocn-20230331_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
ocn-20230331_pre.xml	Edgar Link	unprocessable
ocn-20230331_htm.xml	Edgar Link	completed
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R85.htm	Edgar Link	pending
R86.htm	Edgar Link	pending
R87.htm	Edgar Link	pending
R88.htm	Edgar Link	pending
R89.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R90.htm	Edgar Link	pending
R91.htm	Edgar Link	pending
R92.htm	Edgar Link	pending
R93.htm	Edgar Link	pending
R94.htm	Edgar Link	pending
R95.htm	Edgar Link	pending
R96.htm	Edgar Link	pending
R97.htm	Edgar Link	pending
R98.htm	Edgar Link	pending
R99.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$ONIT
ONITY GROUP INC. Stock $onit

2023 Q2 Form 10-Q Financial Statement

#000162828023015795 Filed on May 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ONIT ONITY GROUP INC. Stock $onit

2023 Q2 Form 10-Q Financial Statement

#000162828023015795 Filed on May 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ONIT
ONITY GROUP INC. Stock $onit