$ONIT
ONITY GROUP INC. Stock $onit

$onit Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000162828023037390 Filed on November 07, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$277.3M	$255.5M
YoY Change	10.72%	2.31%
Cost Of Revenue	$8.500M	$15.50M
YoY Change	-32.73%	-18.41%
Gross Profit	$268.8M	$240.0M
YoY Change	13.03%	4.02%
Gross Profit Margin	96.93%	93.93%
Selling, General & Admin	$90.80M	$90.00M
YoY Change	-10.14%	-21.94%
% of Gross Profit	33.78%	37.5%
Research & Development		$13.10M
YoY Change		-8.9%
% of Gross Profit		5.46%
Depreciation & Amortization	$3.000M	$1.500M
YoY Change	-21.45%	-39.52%
% of Gross Profit	1.12%	0.63%
Operating Expenses	$193.1M	$13.10M
YoY Change	-37.38%	-8.9%
Operating Profit	$75.70M	$226.9M
YoY Change	-207.32%	4.88%
Interest Expense	-$49.60M	$74.30M
YoY Change	8.68%	47.44%
% of Operating Profit	-65.52%	32.75%
Other Income/Expense, Net	-$71.80M	-$119.7M
YoY Change	-292.23%	-29.79%
Pretax Income	-$45.60M	$9.500M
YoY Change	-42.16%	-71.2%
Income Tax	$1.800M	$1.000M
% Of Pretax Income		10.53%
Net Earnings	-$47.50M	$8.500M
YoY Change	-40.38%	-76.99%
Net Earnings / Revenue	-17.13%	3.33%
Basic Earnings Per Share		$1.10
Diluted Earnings Per Share	-$6.19	$1.05
COMMON SHARES
Basic Shares Outstanding	7.677M shares	7.677M shares
Diluted Shares Outstanding		8.060M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$201.6M	$194.0M
YoY Change	-3.08%	-14.38%
Cash & Equivalents	$201.6M	$194.0M
Short-Term Investments
Other Short-Term Assets	$39.30M	$35.50M
YoY Change	20.92%	4.92%
Inventory
Prepaid Expenses
Receivables	$124.1M	$127.0M
Other Receivables	$30.70M	$37.70M
Total Short-Term Assets	$395.7M	$394.2M
YoY Change	-6.08%	-8.59%
LONG-TERM ASSETS
Property, Plant & Equipment	$13.10M	$16.10M
YoY Change	-35.15%	-14.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$50.60M	$48.80M
YoY Change	13.71%	23.2%
Other Assets	$56.60M	$74.30M
YoY Change	-17.73%	52.91%
Total Long-Term Assets	$12.12B	$12.62B
YoY Change	1.17%	5.77%
TOTAL ASSETS
Total Short-Term Assets	$395.7M	$394.2M
Total Long-Term Assets	$12.12B	$12.62B
Total Assets	$12.51B	$13.01B
YoY Change	0.92%	5.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$98.70M	$94.40M
YoY Change	-5.55%	-20.01%
Accrued Expenses	$100.3M	$93.20M
YoY Change	-32.41%	-38.8%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$199.0M	$187.6M
YoY Change	-21.31%	-30.6%
LONG-TERM LIABILITIES
Long-Term Debt	$11.42B	$11.93B
YoY Change	1.65%	7.52%
Other Long-Term Liabilities	$493.3M	$451.6M
YoY Change	8.27%	0.18%
Total Long-Term Liabilities	$11.91B	$12.38B
YoY Change	1.91%	7.24%
TOTAL LIABILITIES
Total Short-Term Liabilities	$199.0M	$187.6M
Total Long-Term Liabilities	$11.91B	$12.38B
Total Liabilities	$12.11B	$12.57B
YoY Change	1.42%	6.37%
SHAREHOLDERS EQUITY
Retained Earnings	-$151.6M	-$104.2M
YoY Change	72.47%	1166.25%
Common Stock	$100.0K	$100.0K
YoY Change	0.0%	26.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$401.8M	$445.1M
YoY Change
Total Liabilities & Shareholders Equity	$12.51B	$13.01B
YoY Change	0.92%	5.27%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	-$47.50M	$8.500M
YoY Change	-40.38%	-76.99%
Depreciation, Depletion And Amortization	$3.000M	$1.500M
YoY Change	-21.45%	-39.52%
Cash From Operating Activities	$281.8M	$377.3M
YoY Change	-426.1%	-1061.03%
INVESTING ACTIVITIES
Capital Expenditures	$30.40M	$37.70M
YoY Change	20.38%	-150.93%
Acquisitions
YoY Change
Other Investing Activities	-$26.30M	$16.60M
YoY Change	-131.82%	-332.79%
Cash From Investing Activities	-$56.70M	-$21.10M
YoY Change	-198.78%	-74.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-235.9M	-422.8M
YoY Change	-853.12%	-706.81%
NET CHANGE
Cash From Operating Activities	281.8M	377.3M
Cash From Investing Activities	-56.70M	-21.10M
Cash From Financing Activities	-235.9M	-422.8M
Net Change In Cash	-10.80M	-66.60M
YoY Change	-568.14%	31.27%
FREE CASH FLOW
Cash From Operating Activities	$281.8M	$377.3M
Capital Expenditures	$30.40M	$37.70M
Free Cash Flow	$251.4M	$339.6M
YoY Change	-325.13%	876.96%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	237200000	usd
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7677008	shares
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7677008	shares
	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	707500000	usd
	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	643300000	usd
CY2023Q3	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	-400000	usd
CY2022Q3	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	6900000	usd
	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	21500000	usd
	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	17400000	usd
CY2023Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	8200000	usd
CY2022Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	18900000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	36300000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	16700000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	10000000.0	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	8300000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	24000000.0	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	26100000	usd
CY2023Q3	us-gaap	Revenues Revenues	255500000	usd
CY2022Q3	us-gaap	Revenues Revenues	249700000	usd
	us-gaap	Revenues Revenues	789400000	usd
	us-gaap	Revenues Revenues	703400000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	16400000	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	-27900000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	-85400000	usd
CY2023Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	55700000	usd
CY2022Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	71300000	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	39500000	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	44000000.0	usd
CY2023Q3	ocn	Professional Fees Income ProfessionalFeesIncome	13500000	usd
CY2022Q3	ocn	Professional Fees Income ProfessionalFeesIncome	17200000	usd
	ocn	Professional Fees Income ProfessionalFeesIncome	9900000	usd
	ocn	Professional Fees Income ProfessionalFeesIncome	38000000.0	usd
CY2023Q3	us-gaap	Occupancy Net OccupancyNet	7700000	usd
CY2022Q3	us-gaap	Occupancy Net OccupancyNet	12400000	usd
	us-gaap	Occupancy Net OccupancyNet	24200000	usd
	us-gaap	Occupancy Net OccupancyNet	32100000	usd
CY2023Q3	us-gaap	Costs And Expenses CostsAndExpenses	110000000.0	usd
CY2022Q3	us-gaap	Costs And Expenses CostsAndExpenses	141400000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	308400000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	412800000	usd
CY2023Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	25900000	usd
CY2022Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	13700000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	60200000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	30600000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	74300000	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	50400000	usd
	us-gaap	Interest Expense InterestExpense	204800000	usd
CY2023Q3	us-gaap	Financing Interest Expense FinancingInterestExpense	76500000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	263400000	usd
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	11.34
CY2023Q3	us-gaap	Due To Other Related Parties Noncurrent DueToOtherRelatedPartiesNoncurrent	420400000	usd
CY2022Q4	us-gaap	Due To Other Related Parties Noncurrent DueToOtherRelatedPartiesNoncurrent	329800000	usd
CY2022Q4	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	230200000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	134200000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	171400000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	223200000	usd
CY2023Q3	ocn	Servicing And Origination ServicingAndOrigination	15500000	usd
CY2022Q3	ocn	Servicing And Origination ServicingAndOrigination	19000000.0	usd
	ocn	Servicing And Origination ServicingAndOrigination	48800000	usd
	ocn	Servicing And Origination ServicingAndOrigination	52300000	usd
CY2023Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	13100000	usd
CY2022Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	14400000	usd
CY2023Q3	us-gaap	Other Expenses OtherExpenses	4600000	usd
CY2022Q3	us-gaap	Other Expenses OtherExpenses	7100000	usd
	us-gaap	Other Expenses OtherExpenses	14700000	usd
	us-gaap	Other Expenses OtherExpenses	23200000	usd
CY2023Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2800000	usd
CY2022Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	3300000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5900000	usd
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
CY2022Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	900000	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4300000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1900000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-8600000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-119700000	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-103200000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-359200000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-272300000	usd
CY2023Q3	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	9500000	usd
CY2022Q3	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	33000000.0	usd
	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-12500000	usd
	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	103700000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1000000.0	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-4000000.0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3800000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1600000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	8500000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	36900000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-16200000	usd
	us-gaap	Net Income Loss NetIncomeLoss	105400000	usd
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.10
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.33
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.13
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	11.71
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.05
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.17
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.13
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	11.34
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7677008	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8530209	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7621569	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8998298	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8060078	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8866925	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7621569	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9295857	shares
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	8500000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	36900000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-16200000	usd
	us-gaap	Net Income Loss NetIncomeLoss	105400000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	0	usd
CY2022Q3	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-100000	usd
	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	0	usd
	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-300000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	0	usd
CY2022Q3	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	0	usd
	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	100000	usd
	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	100000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	8500000	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	37000000.0	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-16100000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	105700000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	433800000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	8500000	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2800000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	445100000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	36900000	usd
CY2022Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	36500000	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1700000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	100000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	38800000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2500000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	300000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	546100000	usd
	us-gaap	Profit Loss ProfitLoss	105400000	usd
	ocn	Msr Valuation Adjustment Net Increase Decrease MSRValuationAdjustmentNetIncreaseDecrease	204500000	usd
	ocn	Msr Valuation Adjustment Net Increase Decrease MSRValuationAdjustmentNetIncreaseDecrease	-4100000	usd
	us-gaap	Gains Losses On Sales Of Assets GainsLossesOnSalesOfAssets	-300000	usd
	us-gaap	Gains Losses On Sales Of Assets GainsLossesOnSalesOfAssets	-300000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	20000000.0	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	15200000	usd
	ocn	Provision For Reversal Of Representation And Warranty Obligations ProvisionForReversalOfRepresentationAndWarrantyObligations	4000000.0	usd
	ocn	Provision For Reversal Of Representation And Warranty Obligations ProvisionForReversalOfRepresentationAndWarrantyObligations	2700000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	4900000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7600000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	12000000.0	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	7500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4200000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3300000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	2800000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	900000	usd
	us-gaap	Increase Decrease In Other Financial Instruments Used In Operating Activities IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities	10600000	usd
	us-gaap	Increase Decrease In Other Financial Instruments Used In Operating Activities IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities	-15800000	usd
	us-gaap	Increase Decrease In Mortgage Loans Held For Sale IncreaseDecreaseInMortgageLoansHeldForSale	36300000	usd
	us-gaap	Increase Decrease In Mortgage Loans Held For Sale IncreaseDecreaseInMortgageLoansHeldForSale	16700000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5900000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	19300000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	5900000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	19300000	usd
	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	9830500000	usd
	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	13489300000	usd
	us-gaap	Proceeds From Sale And Collection Of Loans Heldforsale ProceedsFromSaleAndCollectionOfLoansHeldforsale	9341800000	usd
	us-gaap	Proceeds From Sale And Collection Of Loans Heldforsale ProceedsFromSaleAndCollectionOfLoansHeldforsale	13527600000	usd
	ocn	Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances	-147700000	usd
	ocn	Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances	-101800000	usd
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-32900000	usd
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-19000000.0	usd
	us-gaap	Increase Decrease In Derivative Assets And Liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities	80800000	usd
	us-gaap	Increase Decrease In Derivative Assets And Liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities	-2900000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-64700000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-25300000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-10200000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-5000000.0	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-271400000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	270600000	usd
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	771800000	usd
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	1494000000	usd
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	808100000	usd
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	1322500000	usd
	us-gaap	Payments To Acquire Other Loans And Leases Held For Investment PaymentsToAcquireOtherLoansAndLeasesHeldForInvestment	0	usd
	us-gaap	Payments To Acquire Other Loans And Leases Held For Investment PaymentsToAcquireOtherLoansAndLeasesHeldForInvestment	4100000	usd
	ocn	Payments To Acquire Reverse Mortgage Subservicing Agreements PaymentsToAcquireReverseMortgageSubservicingAgreements	0	usd
	ocn	Payments To Acquire Reverse Mortgage Subservicing Agreements PaymentsToAcquireReverseMortgageSubservicingAgreements	6900000	usd
	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	89600000	usd
	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	174900000	usd
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	200000	usd
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	149100000	usd
	ocn	Proceeds From Sale Of Advances ProceedsFromSaleOfAdvances	6100000	usd
	ocn	Proceeds From Sale Of Advances ProceedsFromSaleOfAdvances	2500000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2200000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4800000	usd
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	10300000	usd
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	900000	usd
	us-gaap	Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans	13100000	usd
	us-gaap	Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans	6200000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	100000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	100000	usd
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	2700000	usd
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	15500000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-43600000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-220600000	usd
	ocn	Repayment Of Proceeds From Transfers Accounted For As Secured Borrowings Associated Liabilities RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities	110600000	usd
	ocn	Repayment Of Proceeds From Transfers Accounted For As Secured Borrowings Associated Liabilities RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities	54800000	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	332900000	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-265500000	usd
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	767000000.0	usd
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	379700000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	817900000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	257800000	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	12500000	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	23600000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4100000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	1300000	usd
	ocn	Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing	78700000	usd
	ocn	Proceeds From Excess Servicing Spread Financing ProceedsFromExcessServicingSpreadFinancing	68700000	usd
	ocn	Proceeds From Excess Servicing Spread Financing ProceedsFromExcessServicingSpreadFinancing	36200000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	71100000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	82400000	usd
	ocn	Proceeds From Sale Of Finance Receivables Accounted For As Financing ProceedsFromSaleOfFinanceReceivablesAccountedForAsFinancing	783700000	usd
	ocn	Proceeds From Sale Of Finance Receivables Accounted For As Financing ProceedsFromSaleOfFinanceReceivablesAccountedForAsFinancing	1507600000	usd
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	802400000	usd
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	1319800000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	38800000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	306700000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-41600000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-8300000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	8400000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	274200000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	265900000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	271800000	usd
	ocn	Recognitionof Gross Rightofuse Asset RecognitionofGrossRightofuseAsset	-1300000	usd
	ocn	Recognitionof Gross Rightofuse Asset RecognitionofGrossRightofuseAsset	8000000.0	usd
	ocn	Recognitionof Lease Liability RecognitionofLeaseLiability	-1300000	usd
	ocn	Recognitionof Lease Liability RecognitionofLeaseLiability	8000000.0	usd
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	15100000	usd
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	1000000.0	usd
	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	4600000	usd
	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	30400000	usd
	ocn	Servicing Asset At Fair Value Derecognition ServicingAssetAtFairValueDerecognition	32500000	usd
	ocn	Servicing Asset At Fair Value Derecognition ServicingAssetAtFairValueDerecognition	39000000.0	usd
	ocn	Servicing Asset At Fair Value Pledged Financing Liability Derecognition ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition	32500000	usd
	ocn	Servicing Asset At Fair Value Pledged Financing Liability Derecognition ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition	35900000	usd
	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	0	usd
	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	224100000	usd
	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	0	usd
	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	219500000	usd
	ocn	Supplemental Deferred Purchase Price Holdback SupplementalDeferredPurchasePriceHoldback	0	usd
	ocn	Supplemental Deferred Purchase Price Holdback SupplementalDeferredPurchasePriceHoldback	-500000	usd
	us-gaap	Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset	0	usd
	us-gaap	Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset	4100000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	194000000.0	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	226600000	usd
CY2023Q3	ocn	Debt Service Accounts DebtServiceAccounts	29700000	usd
CY2022Q3	ocn	Debt Service Accounts DebtServiceAccounts	16100000	usd
CY2023Q3	us-gaap	Restricted Cash RestrictedCash	42200000	usd
CY2022Q3	us-gaap	Restricted Cash RestrictedCash	29200000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	265900000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	271800000	usd
CY2023Q3	dei	Entity Number Of Employees EntityNumberOfEmployees	4600	numberofemployees
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates and Assumptions</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires that management make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates and assumptions include, but are not limited to, those that relate to fair value measurements, income taxes and the provision for losses that may arise from contingencies including litigation proceedings. In developing estimates and assumptions, management uses all available information; however, actual results could materially differ from those estimates and assumptions.</span></div>
	ocn	Average Periodto Securitization AveragePeriodtoSecuritization	P30D
CY2023Q3	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	4619000000	usd
CY2022Q3	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	5227500000	usd
	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	9233900000	usd
	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	12925300000	usd
CY2023Q3	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	31000000.0	usd
CY2022Q3	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	21600000	usd
	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	86200000	usd
	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	67200000	usd
CY2023Q3	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	4000000.0	usd
CY2022Q3	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	3500000	usd
	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	11100000	usd
	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	10300000	usd
CY2023Q3	ocn	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	4646000000	usd
CY2022Q3	ocn	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	5245500000	usd
	ocn	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	9309000000	usd
	ocn	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	12982100000	usd
CY2023Q3	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	71400000	usd
	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	134000000	usd
CY2022Q3	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	70200000	usd
	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	176200000	usd
CY2023Q3	ocn	Unpaid Principal Balance Of Loans Transferred UnpaidPrincipalBalanceOfLoansTransferred	45093600000	usd
CY2022Q4	ocn	Unpaid Principal Balance Of Loans Transferred UnpaidPrincipalBalanceOfLoansTransferred	37571100000	usd
CY2023Q3	ocn	Maximum Exposure To Loss MaximumExposureToLoss	45854200000	usd
CY2022Q4	ocn	Maximum Exposure To Loss MaximumExposureToLoss	38171200000	usd
	ocn	Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue	0.024
CY2022	ocn	Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue	0.025
CY2023Q3	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2022Q4	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2023Q3	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2022Q4	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2023Q3	ocn	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Prepayment Speed Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInPrepaymentSpeedPercent	0.008
CY2023Q3	ocn	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Prepayment Speed Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInPrepaymentSpeedPercent	0.015
CY2023Q3	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	62200000	usd
CY2023Q3	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	121800000	usd
CY2023Q3	ocn	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Discount Rate Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInDiscountRatePercent	0.010
CY2023Q3	ocn	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Discount Rate Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInDiscountRatePercent	0.020
CY2023Q3	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	77700000	usd
CY2023Q3	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	149100000	usd
CY2023Q2	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	1352900000	usd
CY2022Q2	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	683100000	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
CY2023Q3	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	4418000000	usd
CY2022Q3	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	5334700000	usd
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	9830300000	usd
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	13489300000	usd
CY2023Q3	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	4697900000	usd
CY2022Q3	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	5191500000	usd
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	9273600000	usd
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	13365800000	usd
CY2023Q3	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	19600000	usd
CY2022Q3	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	60700000	usd
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	66600000	usd
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	155900000	usd
CY2023Q3	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	1500000	usd
CY2022Q3	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	10800000	usd
	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	4600000	usd
	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	30400000	usd
CY2023Q3	ocn	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	-11500000	usd
CY2022Q3	ocn	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	28900000	usd
	ocn	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	-26000000.0	usd
	ocn	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	61100000	usd
CY2023Q3	ocn	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	3600000	usd
CY2022Q3	ocn	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	600000	usd
	ocn	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	14800000	usd
	ocn	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	700000	usd
CY2023Q3	ocn	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	1300000	usd
CY2022Q3	ocn	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	2600000	usd
	ocn	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	5000000.0	usd
	ocn	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	15700000	usd
CY2023Q3	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	-89600000	usd
CY2022Q3	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	-62100000	usd
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	-140000000.0	usd
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	-248800000	usd
CY2023Q3	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	-8100000	usd
CY2022Q3	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	-22100000	usd
	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	2100000	usd
	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	-23500000	usd
CY2023Q3	ocn	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	1300000	usd
CY2022Q3	ocn	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	2100000	usd
	ocn	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	5800000	usd
	ocn	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	5700000	usd
CY2023Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	944700000	usd
CY2022Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	725200000	usd
CY2023Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	944700000	usd
CY2022Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	725200000	usd
CY2023Q3	ocn	Principal Amount Outstanding On Loans Held For Sale PrincipalAmountOutstandingOnLoansHeldForSale	964400000	usd
CY2022Q3	ocn	Principal Amount Outstanding On Loans Held For Sale PrincipalAmountOutstandingOnLoansHeldForSale	751800000	usd
CY2023Q3	ocn	Premium Discount Balance On Loans Held For Sale PremiumDiscountBalanceOnLoansHeldForSale	4500000	usd
CY2022Q3	ocn	Premium Discount Balance On Loans Held For Sale PremiumDiscountBalanceOnLoansHeldForSale	1200000	usd
CY2023Q3	ocn	Fair Value Adjustment To Loans Held For Sale FairValueAdjustmentToLoansHeldForSale	-24200000	usd
CY2022Q3	ocn	Fair Value Adjustment To Loans Held For Sale FairValueAdjustmentToLoansHeldForSale	-27800000	usd
CY2023Q3	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	944700000	usd
CY2022Q3	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	725200000	usd
CY2023Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	944700000	usd
CY2022Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	617800000	usd
CY2023Q3	ocn	Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance	7200000	usd
CY2022Q3	ocn	Loans Held For Sale At Lower Of Cost Or Fair Value Before Valuation Allowance LoansHeldForSaleAtLowerOfCostOrFairValueBeforeValuationAllowance	8200000	usd
CY2023Q3	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	3600000	usd
CY2022Q3	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	3700000	usd
CY2023Q3	ocn	Loans Held For Sale At Lower Of Cost Or Fair Value LoansHeldForSaleAtLowerOfCostOrFairValue	3600000	usd
CY2022Q3	ocn	Loans Held For Sale At Lower Of Cost Or Fair Value LoansHeldForSaleAtLowerOfCostOrFairValue	4400000	usd
CY2023Q3	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	71400000	usd
CY2022Q3	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	70200000	usd
	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	134000000.0	usd
	ocn	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	176200000	usd
CY2023Q3	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	-18500000	usd
CY2022Q3	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	10300000	usd
	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	-6100000	usd
	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	-56000000.0	usd
	ocn	Gain Loss On Interest Rate Derivative Instruments GainLossOnInterestRateDerivativeInstruments	-28900000	usd
CY2023Q3	ocn	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	-4100000	usd
CY2022Q3	ocn	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	-21200000	usd
	ocn	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	5000000.0	usd
	ocn	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	-20800000	usd
CY2023Q3	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	34100000	usd
CY2022Q3	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	48400000	usd
	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	38900000	usd
	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	124600000	usd
CY2023Q3	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-700000	usd
CY2022Q3	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-900000	usd
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-1300000	usd
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-2300000	usd
CY2023Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	8200000	usd
CY2022Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	18900000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	36300000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	16700000	usd
CY2023Q2	ocn	Change In Fair Value Of Mortgage Loans Held For Sale Revaluation Gain Loss ChangeInFairValueOfMortgageLoansHeldForSaleRevaluationGainLoss	10900000	usd
CY2023Q2	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7674800000	usd
CY2023Q2	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7674800000	usd
CY2023Q2	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7486400000	usd
CY2022Q2	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7376500000	usd
CY2022Q2	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7155300000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	264400000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	349100000	usd
CY2023Q3	ocn	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	281300000	usd
CY2022Q3	ocn	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	357700000	usd
CY2023Q3	ocn	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	900000	usd
CY2022Q3	ocn	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	7800000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	280000000.0	usd
CY2023Q3	ocn	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	277300000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	326300000	usd
CY2022Q3	ocn	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	326300000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	1500000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	6500000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	600000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	16700000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	0	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	100000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	120600000	usd
CY2023Q3	ocn	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-122400000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	19600000	usd
CY2022Q3	ocn	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-13900000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7777600000	usd
CY2023Q3	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7613600000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7395500000	usd
CY2022Q3	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7208400000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	7671100000	usd
CY2023Q3	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	7613600000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	7268000000	usd
CY2022Q3	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	7208400000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	106500000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	127500000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7777600000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7395500000	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
	ocn	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	771800000	usd
	ocn	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	1494000000	usd
	ocn	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	783700000	usd
	ocn	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	1507600000	usd
	ocn	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	7100000	usd
	ocn	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	30100000	usd
	ocn	Loans Held For Investment Reverse Mortgages Acquisitions LoansHeldForInvestmentReverseMortgagesAcquisitions	0	usd
	ocn	Hmbs Related Borrowings Acquisitions HMBSRelatedBorrowingsAcquisitions	0	usd
	ocn	Loans Held For Investment Reverse Mortgages Acquisitions LoansHeldForInvestmentReverseMortgagesAcquisitions	211300000	usd
	ocn	Hmbs Related Borrowings Acquisitions HMBSRelatedBorrowingsAcquisitions	209100000	usd
	ocn	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	807300000	usd
	ocn	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	802400000	usd
	ocn	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	1321400000	usd
	ocn	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	1319800000	usd
	ocn	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	4600000	usd
	ocn	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	26200000	usd
	ocn	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	2600000	usd
	ocn	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	66100000	usd
	ocn	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	100000	usd
	ocn	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	200000	usd
	ocn	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	316300000	usd
	ocn	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-298500000	usd
	ocn	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	-95500000	usd
	ocn	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	103600000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7777600000	usd
CY2023Q3	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7613600000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7395500000	usd
CY2022Q3	ocn	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7208400000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	7671100000	usd
CY2023Q3	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	7613600000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	7268000000	usd
CY2022Q3	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	7208400000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	106500000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	127500000	usd
CY2023Q3	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7777600000	usd
CY2022Q3	ocn	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7395500000	usd
CY2023Q3	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	4400000	usd
CY2022Q3	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	9300000	usd
	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	13900000	usd
	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	42600000	usd
CY2023Q3	ocn	Gain On Tail Securitization GainOnTailSecuritization	2800000	usd
CY2022Q3	ocn	Gain On Tail Securitization GainOnTailSecuritization	2600000	usd
	ocn	Gain On Tail Securitization GainOnTailSecuritization	8900000	usd
	ocn	Gain On Tail Securitization GainOnTailSecuritization	9300000	usd
CY2023Q3	ocn	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	5900000	usd
CY2022Q3	ocn	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	5500000	usd
	ocn	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	17700000	usd
	ocn	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	16300000	usd
CY2023Q3	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	-14800000	usd
CY2022Q3	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	-11800000	usd
	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	-22600000	usd
	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	-60100000	usd
CY2023Q3	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	-1700000	usd
CY2022Q3	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	5700000	usd
	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	17800000	usd
	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	8100000	usd
CY2023Q3	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	1300000	usd
CY2022Q3	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	1200000	usd
	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	3700000	usd
	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	9300000	usd
CY2023Q3	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	-400000	usd
CY2022Q3	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	6900000	usd
	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	21500000	usd
	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	17400000	usd
CY2023Q3	ocn	Advances Payments On Behalf Of Borrower Gross AdvancesPaymentsOnBehalfOfBorrowerGross	571800000	usd
CY2022Q4	ocn	Advances Payments On Behalf Of Borrower Gross AdvancesPaymentsOnBehalfOfBorrowerGross	725100000	usd
CY2023Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7200000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6200000	usd
CY2023Q3	ocn	Advances Payments On Behalf Of Borrower Net Of Valuation Allowance AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance	564600000	usd
CY2022Q4	ocn	Advances Payments On Behalf Of Borrower Net Of Valuation Allowance AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance	718900000	usd
CY2023Q2	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	610000000.0	usd
CY2022Q2	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	653800000	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
CY2023Q3	ocn	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	145600000	usd
CY2022Q3	ocn	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	153200000	usd
	ocn	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	480900000	usd
	ocn	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	540500000	usd
CY2023Q3	ocn	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	300000	usd
CY2022Q3	ocn	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	0	usd
	ocn	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	-10800000	usd
	ocn	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	0	usd
CY2023Q3	ocn	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	800000	usd
CY2022Q3	ocn	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	1600000	usd
	ocn	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	5700000	usd
	ocn	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	2500000	usd
CY2023Q3	ocn	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	182600000	usd
CY2022Q3	ocn	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	156700000	usd
	ocn	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	639300000	usd
	ocn	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	668800000	usd
CY2023Q3	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	571800000	usd
CY2022Q3	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	648700000	usd
CY2023Q3	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	571800000	usd
CY2022Q3	ocn	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	648700000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7400000	usd
CY2022Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6600000	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
CY2023Q3	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	2000000.0	usd
CY2022Q3	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	2000000.0	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	6600000	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	5800000	usd
CY2023Q3	ocn	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	2100000	usd
CY2022Q3	ocn	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	2400000	usd
	ocn	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	5500000	usd
	ocn	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	6700000	usd
CY2023Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7200000	usd
CY2022Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6200000	usd
CY2023Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7200000	usd
CY2022Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6200000	usd
CY2023Q3	ocn	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	564600000	usd
CY2022Q3	ocn	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	642500000	usd
CY2023Q3	ocn	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	564600000	usd
CY2022Q3	ocn	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	642500000	usd
CY2023Q2	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2675700000	usd
CY2022Q2	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2485700000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0	usd
CY2023Q3	ocn	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	71400000	usd
CY2022Q3	ocn	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	70200000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	35700000	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	75500000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	0	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	-39100000	usd
CY2023Q3	ocn	Servicing Assets At Fair Value Net Additions Sales Recognized ServicingAssetsAtFairValueNetAdditionsSalesRecognized	107100000	usd
CY2022Q3	ocn	Servicing Assets At Fair Value Net Additions Sales Recognized ServicingAssetsAtFairValueNetAdditionsSalesRecognized	106600000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-137700000	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-190600000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	60700000	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	68700000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-77000000.0	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-121900000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2859800000	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2714200000	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
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0	usd
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	149400000	usd
	ocn	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	134000000.0	usd
	ocn	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	176200000	usd
	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	79800000	usd
	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	159100000	usd
	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	-32600000	usd
	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	-25200000	usd
	ocn	Servicing Assets At Fair Value Net Additions Sales Recognized ServicingAssetsAtFairValueNetAdditionsSalesRecognized	181200000	usd
	ocn	Servicing Assets At Fair Value Net Additions Sales Recognized ServicingAssetsAtFairValueNetAdditionsSalesRecognized	160700000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-190900000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-512400000	usd
	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	177500000	usd
	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	209100000	usd
	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-13400000	usd
	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	-303400000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2859800000	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2714200000	usd
CY2023Q3	ocn	Assets Serviced AssetsServiced	201100000000	usd
CY2022Q4	ocn	Assets Serviced AssetsServiced	199600000000	usd
CY2023Q3	us-gaap	Financing Receivable Percent Past Due1 FinancingReceivablePercentPastDue1	0.114
CY2022Q4	us-gaap	Financing Receivable Percent Past Due1 FinancingReceivablePercentPastDue1	0.111
	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	32300000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2859800000	usd
CY2023Q3	ocn	Assets Serviced AssetsServiced	201100000000	usd
CY2022Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2665200000	usd
CY2022Q4	ocn	Assets Serviced AssetsServiced	199600000000	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2714200000	usd
CY2022Q3	ocn	Assets Serviced AssetsServiced	198000000000.0	usd
CY2023Q3	ocn	Unpaid Principal Balance Of Portfolio Of Loans Acquired UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired	6900000000	usd
CY2022Q3	ocn	Unpaid Principal Balance Of Portfolio Of Loans Acquired UnpaidPrincipalBalanceOfPortfolioOfLoansAcquired	13700000000	usd
	us-gaap	Mortgage Loans On Real Estate Cost Of Mortgages Sold MortgageLoansOnRealEstateCostOfMortgagesSold	40700000	usd
	us-gaap	Mortgage Loans On Real Estate Cost Of Mortgages Sold MortgageLoansOnRealEstateCostOfMortgagesSold	11100000000	usd
CY2023Q3	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	87700000	usd
CY2022Q3	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	83300000	usd
	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	267200000	usd
	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	252800000	usd
CY2023Q3	ocn	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	17400000	usd
CY2022Q3	ocn	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	18900000	usd
	ocn	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	55400000	usd
	ocn	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	53900000	usd
CY2023Q3	ocn	Contractually Specified Subservicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedSubservicingFeesCollectedOnBehalfOfCounterparty	2000000.0	usd
CY2022Q3	ocn	Contractually Specified Subservicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedSubservicingFeesCollectedOnBehalfOfCounterparty	1400000	usd
	ocn	Contractually Specified Subservicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedSubservicingFeesCollectedOnBehalfOfCounterparty	5800000	usd
	ocn	Contractually Specified Subservicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedSubservicingFeesCollectedOnBehalfOfCounterparty	3700000	usd
CY2023Q3	ocn	Contractually Specified Servicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty	17200000	usd
CY2022Q3	ocn	Contractually Specified Servicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty	17800000	usd
	ocn	Contractually Specified Servicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty	49100000	usd
	ocn	Contractually Specified Servicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty	51000000.0	usd
CY2023Q3	ocn	Servicing Fee Collected On Behalf Of Counterparty ServicingFeeCollectedOnBehalfOfCounterparty	56400000	usd
CY2022Q3	ocn	Servicing Fee Collected On Behalf Of Counterparty ServicingFeeCollectedOnBehalfOfCounterparty	63400000	usd
	ocn	Servicing Fee Collected On Behalf Of Counterparty ServicingFeeCollectedOnBehalfOfCounterparty	175100000	usd
	ocn	Servicing Fee Collected On Behalf Of Counterparty ServicingFeeCollectedOnBehalfOfCounterparty	195200000	usd
CY2023Q3	ocn	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	180700000	usd
CY2022Q3	ocn	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	184800000	usd
	ocn	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	552600000	usd
	ocn	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	556600000	usd
CY2023Q3	ocn	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	31500000	usd
CY2022Q3	ocn	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	7500000	usd
	ocn	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	77900000	usd
	ocn	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	10300000	usd
CY2023Q3	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	9800000	usd
CY2022Q3	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	10600000	usd
	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	28800000	usd
CY2023Q3	ocn	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	8100000	usd
CY2022Q3	ocn	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	4900000	usd
	ocn	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	26100000	usd
	ocn	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	14300000	usd
CY2023Q3	ocn	Loan Collection Fees Earned In Exchange For Servicing Financial Assets LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets	2300000	usd
CY2022Q3	ocn	Loan Collection Fees Earned In Exchange For Servicing Financial Assets LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets	2600000	usd
	ocn	Loan Collection Fees Earned In Exchange For Servicing Financial Assets LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets	7200000	usd
	ocn	Loan Collection Fees Earned In Exchange For Servicing Financial Assets LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets	8500000	usd
CY2023Q3	ocn	Recording Fees RecordingFees	1300000	usd
CY2022Q3	ocn	Recording Fees RecordingFees	1800000	usd
	ocn	Recording Fees RecordingFees	3800000	usd
	ocn	Recording Fees RecordingFees	7700000	usd
CY2023Q3	ocn	Boarding And De Boarding Fees BoardingAndDeBoardingFees	1400000	usd
CY2022Q3	ocn	Boarding And De Boarding Fees BoardingAndDeBoardingFees	800000	usd
	ocn	Boarding And De Boarding Fees BoardingAndDeBoardingFees	3200000	usd
	ocn	Boarding And De Boarding Fees BoardingAndDeBoardingFees	4400000	usd
CY2023Q3	ocn	Gse Forbearance Fees GSEForbearanceFees	200000	usd
CY2022Q3	ocn	Gse Forbearance Fees GSEForbearanceFees	200000	usd
	ocn	Gse Forbearance Fees GSEForbearanceFees	700000	usd
	ocn	Gse Forbearance Fees GSEForbearanceFees	600000	usd
CY2023Q3	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	2400000	usd
CY2022Q3	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	2300000	usd
	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	7200000	usd
	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	8600000	usd
CY2023Q3	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	57100000	usd
CY2022Q3	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	30700000	usd
	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	155000000.0	usd
	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	86700000	usd
CY2023Q3	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	237800000	usd
CY2022Q3	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	215600000	usd
	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	707500000	usd
	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	643300000	usd
CY2023Q3	us-gaap	Fair Value Disclosure Offbalance Sheet Risks Amount Asset FairValueDisclosureOffbalanceSheetRisksAmountAsset	2300000000	usd
CY2022Q4	us-gaap	Fair Value Disclosure Offbalance Sheet Risks Amount Asset FairValueDisclosureOffbalanceSheetRisksAmountAsset	1500000000	usd
CY2022Q3	us-gaap	Fair Value Disclosure Offbalance Sheet Risks Amount Asset FairValueDisclosureOffbalanceSheetRisksAmountAsset	2000000000	usd
CY2023Q3	ocn	Servicing Asset Liability At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetLiabilityAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	19100000	usd
CY2023Q3	ocn	Servicing Asset Liability At Fair Value Other Changes In Fair Value ServicingAssetLiabilityAtFairValueOtherChangesInFairValue	-35400000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	16400000	usd
CY2022Q3	ocn	Servicing Asset Liability At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetLiabilityAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	72300000	usd
CY2022Q3	ocn	Servicing Asset Liability At Fair Value Other Changes In Fair Value ServicingAssetLiabilityAtFairValueOtherChangesInFairValue	-44400000	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	-27900000	usd
	ocn	Servicing Asset Liability At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetLiabilityAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-27200000	usd
	ocn	Servicing Asset Liability At Fair Value Other Changes In Fair Value ServicingAssetLiabilityAtFairValueOtherChangesInFairValue	-107000000.0	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	134200000	usd
	ocn	Servicing Asset Liability At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetLiabilityAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	213200000	usd
	ocn	Servicing Asset Liability At Fair Value Other Changes In Fair Value ServicingAssetLiabilityAtFairValueOtherChangesInFairValue	-127800000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	-85400000	usd
CY2023Q3	ocn	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	-0	usd
	ocn	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	-300000	usd
CY2022Q3	ocn	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	2700000	usd
	ocn	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	2800000	usd
CY2023Q3	ocn	Other Financing Liabilities OtherFinancingLiabilities	1380300000	usd
CY2022Q4	ocn	Other Financing Liabilities OtherFinancingLiabilities	1137400000	usd
CY2023Q3	ocn	Pledged Servicing Liability Subject To Derecognition PledgedServicingLiabilitySubjectToDerecognition	450700000	usd
CY2022Q4	ocn	Pledged Servicing Liability Subject To Derecognition PledgedServicingLiabilitySubjectToDerecognition	450700000	usd
CY2022Q4	ocn	Other Receivables Allowance For Losses OtherReceivablesAllowanceForLosses	34300000	usd
CY2023Q3	us-gaap	Other Receivables OtherReceivables	164700000	usd
CY2022Q4	us-gaap	Other Receivables OtherReceivables	180800000	usd
CY2023Q3	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	79300000	usd
CY2022Q3	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	81200000	usd
CY2023Q3	ocn	Bank Servicing Fees Retained BankServicingFeesRetained	-19600000	usd
CY2022Q3	ocn	Bank Servicing Fees Retained BankServicingFeesRetained	-20100000	usd
CY2023Q3	ocn	Ancillary And Other Settlement AncillaryAndOtherSettlement	3200000	usd
CY2022Q3	ocn	Ancillary And Other Settlement AncillaryAndOtherSettlement	3300000	usd
CY2023Q3	us-gaap	Financing Interest Expense FinancingInterestExpense	76500000	usd
CY2022Q3	us-gaap	Financing Interest Expense FinancingInterestExpense	65600000	usd
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	230000000.0	usd
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	246300000	usd
	ocn	Bank Servicing Fees Retained BankServicingFeesRetained	-58100000	usd
	ocn	Bank Servicing Fees Retained BankServicingFeesRetained	-62600000	usd
	ocn	Ancillary And Other Settlement AncillaryAndOtherSettlement	9900000	usd
	ocn	Ancillary And Other Settlement AncillaryAndOtherSettlement	3400000	usd
	us-gaap	Financing Interest Expense FinancingInterestExpense	219800000	usd
	us-gaap	Financing Interest Expense FinancingInterestExpense	188300000	usd
CY2022Q2	ocn	Servicing Agreement Renewal Term ServicingAgreementRenewalTerm	P1Y
CY2023Q3	ocn	Number Of Subservicers NumberOfSubservicers	3	subservicer
CY2023Q3	ocn	Servicing Receivable Government Insured Loan Claims ServicingReceivableGovernmentInsuredLoanClaims	48500000	usd
CY2022Q4	ocn	Servicing Receivable Government Insured Loan Claims ServicingReceivableGovernmentInsuredLoanClaims	65000000.0	usd
CY2023Q3	ocn	Servicing Receivable Government Insured Loan Claims Reverse ServicingReceivableGovernmentInsuredLoanClaimsReverse	62100000	usd
CY2022Q4	ocn	Servicing Receivable Government Insured Loan Claims Reverse ServicingReceivableGovernmentInsuredLoanClaimsReverse	73800000	usd
CY2023Q3	ocn	Subservicing Fees And Reimbursable Expenses SubservicingFeesAndReimbursableExpenses	17700000	usd
CY2022Q4	ocn	Subservicing Fees And Reimbursable Expenses SubservicingFeesAndReimbursableExpenses	11700000	usd
CY2023Q3	ocn	Servicing Receivable Due From Custodial Accounts ServicingReceivableDueFromCustodialAccounts	16000000.0	usd
CY2022Q4	ocn	Servicing Receivable Due From Custodial Accounts ServicingReceivableDueFromCustodialAccounts	16300000	usd
CY2023Q3	ocn	Receivables From Sale Of Mortgage Servicing Rights ReceivablesFromSaleOfMortgageServicingRights	5700000	usd
CY2022Q4	ocn	Receivables From Sale Of Mortgage Servicing Rights ReceivablesFromSaleOfMortgageServicingRights	1500000	usd
CY2023Q3	ocn	Counter Party Receivables CounterPartyReceivables	2400000	usd
CY2022Q4	ocn	Counter Party Receivables CounterPartyReceivables	3000000.0	usd
CY2023Q3	ocn	Subservicing Fees And Reimbursable Expenses Due From Mav SubservicingFeesAndReimbursableExpensesDueFromMAV	3000000.0	usd
CY2022Q4	ocn	Subservicing Fees And Reimbursable Expenses Due From Mav SubservicingFeesAndReimbursableExpensesDueFromMAV	1000000.0	usd
CY2023Q3	ocn	Servicing Receivable Other ServicingReceivableOther	100000	usd
CY2022Q4	ocn	Servicing Receivable Other ServicingReceivableOther	3200000	usd
CY2023Q3	ocn	Servicing Receivable Net ServicingReceivableNet	155400000	usd
CY2022Q4	ocn	Servicing Receivable Net ServicingReceivableNet	175500000	usd
CY2023Q3	us-gaap	Income Tax Receivable IncomeTaxReceivable	27400000	usd
CY2022Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	34400000	usd
CY2023Q3	ocn	Other Receivables Net OtherReceivablesNet	10300000	usd
CY2022Q4	ocn	Other Receivables Net OtherReceivablesNet	5200000	usd
CY2023Q3	ocn	Other Receivables Gross OtherReceivablesGross	193100000	usd
CY2022Q4	ocn	Other Receivables Gross OtherReceivablesGross	215100000	usd
CY2023Q3	ocn	Other Receivables Allowance For Losses OtherReceivablesAllowanceForLosses	28400000	usd
CY2023Q3	ocn	Loan Repurchase Asset LoanRepurchaseAsset	275500000	usd
CY2022Q4	ocn	Loan Repurchase Asset LoanRepurchaseAsset	289900000	usd
CY2023Q3	us-gaap	Other Real Estate OtherRealEstate	19600000	usd
CY2022Q4	us-gaap	Other Real Estate OtherRealEstate	9800000	usd
CY2023Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	18700000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	19800000	usd
CY2023Q3	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	13600000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	7700000	usd
CY2023Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	11800000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	7700000	usd
CY2023Q3	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	8500000	usd
CY2022Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	1500000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	9200000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5000000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	7100000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	14700000	usd
CY2023Q3	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent	5000000.0	usd
CY2022Q4	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent	5000000.0	usd
CY2023Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2500000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2600000	usd
CY2023Q3	us-gaap	Deposits Assets DepositsAssets	800000	usd
CY2022Q4	us-gaap	Deposits Assets DepositsAssets	800000	usd
CY2023Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	6300000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	4700000	usd
CY2023Q3	us-gaap	Other Assets OtherAssets	369300000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	364200000	usd
CY2023Q3	us-gaap	Senior Notes SeniorNotes	594100000	usd
CY2022Q4	us-gaap	Senior Notes SeniorNotes	599600000	usd
CY2023Q3	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	275500000	usd
CY2022Q4	us-gaap	Assets Sold Under Agreements To Repurchase Repurchase Liability AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability	289900000	usd
CY2023Q3	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	58600000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	75900000	usd
CY2023Q3	ocn	Remittance Of Advances And Servicing Fees RemittanceOfAdvancesAndServicingFees	55100000	usd
CY2022Q4	ocn	Remittance Of Advances And Servicing Fees RemittanceOfAdvancesAndServicingFees	64400000	usd
CY2023Q3	ocn	Checks Held For Escheat ChecksHeldForEscheat	53500000	usd
CY2022Q4	ocn	Checks Held For Escheat ChecksHeldForEscheat	48100000	usd
CY2023Q3	ocn	Indemnification Obligations Liability IndemnificationObligationsLiability	41200000	usd
CY2022Q4	ocn	Indemnification Obligations Liability IndemnificationObligationsLiability	43800000	usd
CY2023Q3	ocn	Due To Servicing And Subservicing Investors DueToServicingAndSubservicingInvestors	39300000	usd
CY2022Q4	ocn	Due To Servicing And Subservicing Investors DueToServicingAndSubservicingInvestors	40100000	usd
CY2023Q3	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	24300000	usd
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	15700000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	13500000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	16600000	usd
CY2023Q3	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	11800000	usd
CY2022Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	10900000	usd
CY2023Q3	us-gaap	Interest Payable Current InterestPayableCurrent	11300000	usd
CY2022Q4	us-gaap	Interest Payable Current InterestPayableCurrent	13700000	usd
CY2023Q3	us-gaap	Hedged Liability Fair Value Hedge HedgedLiabilityFairValueHedge	10600000	usd
CY2022Q4	us-gaap	Hedged Liability Fair Value Hedge HedgedLiabilityFairValueHedge	6000000.0	usd
CY2023Q3	us-gaap	Litigation Reserve Noncurrent LitigationReserveNoncurrent	9800000	usd
CY2022Q4	us-gaap	Litigation Reserve Noncurrent LitigationReserveNoncurrent	42200000	usd
CY2023Q3	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	9000000.0	usd
CY2022Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	9300000	usd
CY2023Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	7100000	usd
CY2022Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	6200000	usd
CY2023Q3	us-gaap	Loss Contingency Accrual Product Liability Net LossContingencyAccrualProductLiabilityNet	5000000.0	usd
CY2022Q4	us-gaap	Loss Contingency Accrual Product Liability Net LossContingencyAccrualProductLiabilityNet	5000000.0	usd
CY2023Q3	ocn	Servicing Assets Purchase Price Holdback ServicingAssetsPurchasePriceHoldback	4100000	usd
CY2022Q4	ocn	Servicing Assets Purchase Price Holdback ServicingAssetsPurchasePriceHoldback	13900000	usd
CY2023Q3	ocn	Excess Servicing Fees Spread Payable ExcessServicingFeesSpreadPayable	3600000	usd
CY2022Q4	ocn	Excess Servicing Fees Spread Payable ExcessServicingFeesSpreadPayable	3400000	usd
CY2023Q3	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	5900000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	3400000	usd
CY2023Q3	us-gaap	Other Liabilities OtherLiabilities	639200000	usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities	708500000	usd
CY2023Q3	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	1803200000	usd
CY2023Q3	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	13600000	usd
CY2022Q4	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	937800000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	7700000	usd
CY2023Q3	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	3663700000	usd
CY2023Q3	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	24300000	usd
CY2022Q4	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	1371400000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	15700000	usd
CY2023Q3	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-37300000	usd
CY2022Q3	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	6000000.0	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-81300000	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-12700000	usd
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.13
CY2023Q3	us-gaap	Interest Expense InterestExpense	74300000	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	50400000	usd
	us-gaap	Interest Expense InterestExpense	204800000	usd
	us-gaap	Interest Expense InterestExpense	126100000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	8500000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	36900000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-16200000	usd
	us-gaap	Net Income Loss NetIncomeLoss	105400000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7677008	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8530209	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7621569	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8998298	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.10
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.33
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.13
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	11.71
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	8500000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	36900000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-16200000	usd
	us-gaap	Net Income Loss NetIncomeLoss	105400000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7677008	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8530209	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7621569	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8998298	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	174712	shares
CY2022Q3	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	131092	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	136471	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2022Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	24	shares
CY2023Q3	ocn	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	208358	shares
CY2022Q3	ocn	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	205624	shares
	ocn	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	0	shares
	ocn	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	161064	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8060078	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8866925	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7621569	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9295857	shares
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.05
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.17
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	64870	shares
CY2022Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	271933	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	61425	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	276988	shares
CY2023Q3	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	237800000	usd
CY2023Q3	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	-400000	usd
CY2023Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	8200000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	10000000.0	usd
CY2023Q3	us-gaap	Revenues Revenues	255500000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	16400000	usd
CY2023Q3	us-gaap	Costs And Expenses CostsAndExpenses	110000000.0	usd
CY2023Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	25900000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	74300000	usd
CY2023Q3	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	76500000	usd
CY2023Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2800000	usd
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1300000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-119700000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	9500000	usd
CY2022Q3	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	215600000	usd
CY2022Q3	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	6900000	usd
CY2022Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	18900000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	8300000	usd
CY2022Q3	us-gaap	Revenues Revenues	249700000	usd
CY2022Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	-27900000	usd
CY2022Q3	us-gaap	Costs And Expenses CostsAndExpenses	141400000	usd
CY2022Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	13700000	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	50400000	usd
CY2022Q3	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	65600000	usd
CY2022Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	3300000	usd
CY2022Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4300000	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-103200000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	33000000.0	usd
	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	707500000	usd
	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	21500000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	36300000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	24000000.0	usd
	us-gaap	Revenues Revenues	789400000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	134200000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	308400000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	60200000	usd
	us-gaap	Interest Expense InterestExpense	204800000	usd
	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	219800000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5900000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1900000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-359200000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-12500000	usd
	ocn	Servicing And Subservicing Fees ServicingAndSubservicingFees	643300000	usd
	ocn	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	17400000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	16700000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	26100000	usd
	us-gaap	Revenues Revenues	703400000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	-85400000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	412800000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	30600000	usd
	us-gaap	Interest Expense InterestExpense	126100000	usd
	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	188300000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	19300000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	900000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-8600000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-272300000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	103700000	usd
CY2023Q3	us-gaap	Assets Assets	13011700000	usd
CY2022Q4	us-gaap	Assets Assets	12399200000	usd
CY2022Q3	us-gaap	Assets Assets	12360100000	usd
CY2023Q3	us-gaap	Depreciation Depreciation	1500000	usd
CY2023Q3	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	5900000	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1200000	usd
CY2022Q3	us-gaap	Depreciation Depreciation	2500000	usd
CY2022Q3	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2400000	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1200000	usd
	us-gaap	Depreciation Depreciation	4900000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	12000000.0	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4200000	usd
	us-gaap	Depreciation Depreciation	7600000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	7500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3300000	usd
CY2023Q3	us-gaap	Capital Required For Capital Adequacy CapitalRequiredForCapitalAdequacy	445700000	usd
CY2023Q3	ocn	Percentage Of Portfolio To Total Forward Owned Servicing PercentageOfPortfolioToTotalForwardOwnedServicing	0.08
CY2023Q3	ocn	Percentage Of Government Insured Loans Upb To Total Upb Serviced And Sub Serviced PercentageOfGovernmentInsuredLoansUPBToTotalUPBServicedAndSubServiced	0.06
	ocn	Threshold Percentage Of Outstanding Principal Balance On Maximum Claim Amount ThresholdPercentageOfOutstandingPrincipalBalanceOnMaximumClaimAmount	0.98
CY2023Q3	ocn	Securitized Home Equity Conversion Mortgage Backed Security SecuritizedHomeEquityConversionMortgageBackedSecurity	7488100000	usd
	ocn	Amountof Additions To Home Equity Conversion Mortgage Backed Security Repurchases Value AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	224900000	usd
	ocn	Amountof Additions To Home Equity Conversion Mortgage Backed Security Repurchases Value AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	154300000	usd
CY2022Q4	ocn	Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue	178400000	usd
	ocn	Amountof Additions To Home Equity Conversion Mortgage Backed Security Repurchases Value AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	224900000	usd
	ocn	Recoveries Related To Home Equity Conversion Mortgage Backed Security Repurchases Value RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	230100000	usd
	ocn	Transfers Related To Home Equity Conversion Mortgage Backed Security Repurchases Value TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	0	usd
	ocn	Change In Value Of Home Equity Conversion Mortgage Backed Security Repurchases Value ChangeInValueOfHomeEquityConversionMortgageBackedSecurityRepurchasesValue	-3200000	usd
CY2023Q3	ocn	Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue	170000000.0	usd
	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<div style="margin-bottom:6pt;margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></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 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 </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%">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 $9.8 million at September 30, 2023. We cannot currently estimate the amount, if any, of reasonably possible losses above amounts that have been recorded at September 30, 2023. </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:112%">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:112%">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:112%"> (D. RI), in which the court in August 2023 granted preliminary approval of the parties’ settlement agreement, and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Jones 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:112%"> (D. NJ),</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">which we have filed a motion to dismiss. In addition, between November 2022 and June 2023, we settled the previously disclosed cases of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">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:112%"> (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:112%">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:112%"> (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:112%">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:112%"> (N.D. WV) and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">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:112%">(S.D. TX). </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 in February 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 $9.8 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. Trial is scheduled for November 27, 2023. However, in October 2023, the parties reached a tentative settlement to resolve the lawsuit. </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%">The plaintiff’s deadline to file a motion for preliminary approval of the proposed settlement is December 11, 2023.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">If the proposed settlement is not ultimately approved, Ocwen will vigorously defend itself. Ocwen is unable to predict the outcome of this lawsuit, the possible loss or range of loss, if any, associated with the resolution of such lawsuit or the potential impact on us or our operations. If our efforts to settle or 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). 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. In September 2023, the Court granted in part Ocwen’s motion for summary judgment, dismissing Nomura’s “failure to notify” claim in its entirety; the Court, however, denied Ocwen’s motion with respect to Nomura’s second claim alleging failure to service loans in accordance with accepted standards. We are currently considering our appellate options. The scope of any resulting trial is uncertain, and thus 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 </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%">(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 sought consumer relief, disgorgement of allegedly improper gains, and civil money penalties. As previously disclosed, following numerous pre-trial proceedings, in May 2023 the court entered final judgment granting Ocwen’s motion for summary judgment, denied all pending motions as moot, and closed the case. The CFPB did not appeal the court’s order and therefore the case will remain closed. Our prior accrual with respect to this matter was reversed in the three months ended June 30, 2023.</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 (including our practice of charging borrowers a fee to use certain optional payment methods); 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.</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At September 30, 2023 and September 30, 2022, we had outstanding representation and warranty repurchase demands of $47.7 million UPB (176 loans) and $53.3 million UPB (280 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><td style="width:70.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.536%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.537%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended September 30,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><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><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><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49.4 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></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%">2.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></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%">1.3 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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%">(8.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></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></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%">37.5 </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><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50.8 </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></tr></table></div><div style="margin-top:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.52pt">The liability for representation and warranty obligations and compensatory fees for foreclosures is reported in Other liabilities (a component of Liability for indemnification obligations) on our unaudited consolidated balance sheets.</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.52pt">Includes principal and interest losses realized in connection with repurchased loans, make-whole, indemnification and fee payments and settlements net of recoveries, if any.</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe that it is reasonably possible that losses beyond amounts currently recorded for potential representation and warranty obligations and other claims described above could occur, and such losses could have an adverse impact on our results of operations, financial condition or cash flows. However, based on currently available information, we are unable to estimate a range of reasonably possible losses above amounts that have been recorded at September 30, 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>
CY2023Q3	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	9800000	usd
CY2023Q3	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	9800000	usd
CY2023Q3	ocn	Number Of Cases NumberOfCases	5	case
CY2023Q3	ocn	Warranty Repurchase Demands Unpaid Principal Balance WarrantyRepurchaseDemandsUnpaidPrincipalBalance	47700000	usd
CY2023Q3	ocn	Warranty Repurchase Demands Number Of Loans WarrantyRepurchaseDemandsNumberOfLoans	176	loan
CY2022Q3	ocn	Warranty Repurchase Demands Unpaid Principal Balance WarrantyRepurchaseDemandsUnpaidPrincipalBalance	53300000	usd
CY2022Q3	ocn	Warranty Repurchase Demands Number Of Loans WarrantyRepurchaseDemandsNumberOfLoans	280	loan
CY2022Q4	ocn	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	41600000	usd
CY2021Q4	ocn	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	49400000	usd
	ocn	Provision For Representation And Warranty Obligations ProvisionForRepresentationAndWarrantyObligations	2900000	usd
	ocn	Provision For Representation And Warranty Obligations ProvisionForRepresentationAndWarrantyObligations	1800000	usd
	ocn	Indemnification Obligations Liability Reserves IndemnificationObligationsLiabilityReserves	1300000	usd
	ocn	Indemnification Obligations Liability Reserves IndemnificationObligationsLiabilityReserves	2300000	usd
	ocn	Indemnification Obligations Liability Charge Offs IndemnificationObligationsLiabilityChargeOffs	8300000	usd
	ocn	Indemnification Obligations Liability Charge Offs IndemnificationObligationsLiabilityChargeOffs	2700000	usd
CY2023Q3	ocn	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	37500000	usd
CY2022Q3	ocn	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	50800000	usd

Files In Submission

Name	View Source	Status
FilingSummary.xml	Edgar Link	unprocessable
ocn-20230930_cal.xml	Edgar Link	unprocessable
ocn-20230930_def.xml	Edgar Link	unprocessable
0001628280-23-037390-index-headers.html	Edgar Link	pending
0001628280-23-037390-index.html	Edgar Link	pending
0001628280-23-037390.txt	Edgar Link	pending
0001628280-23-037390-xbrl.zip	Edgar Link	pending
a20230930ex311.htm	Edgar Link	pending
a20230930ex312.htm	Edgar Link	pending
a20230930ex321.htm	Edgar Link	pending
a20230930ex322.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
ocn-20230930.htm	Edgar Link	pending
ocn-20230930.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
R103.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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
ocn-20230930_lab.xml	Edgar Link	unprocessable
ocn-20230930_pre.xml	Edgar Link	unprocessable
ocn-20230930_htm.xml	Edgar Link	completed
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 Q4 Form 10-Q Financial Statement

#000162828023037390 Filed on November 07, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ONIT ONITY GROUP INC. Stock $onit

2023 Q4 Form 10-Q Financial Statement

#000162828023037390 Filed on November 07, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ONIT
ONITY GROUP INC. Stock $onit