CONSOLIDATED BALANCE SHEETS CONSOLIDATED BALANCE SHEETS [Abstract] Assets Assets [Abstract] Cash The carrying amount of cash held by the consolidated Variable Interest Entities included in the reporting entity's statement of financial position but not avaliable for withdrawal or use by the reporting entity. Restricted cash – for securitization investors Loans held for resale, at lower of cost or fair value Carrying amount as of the balance sheet date of non-interest-bearing advances made on loans serviced for others. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors. Advances Match funded advances Loans, net – restricted for securitization investors Mortgage servicing rights, net Receivables, net Deferred tax assets, net Goodwill Premises and equipment, net Investments in unconsolidated entities Other assets Total assets Liabilities and Stockholders’ Equity Liabilities and Stockholders’ Equity [Abstract] Liabilities Liabilities [Abstract] Match funded liabilities Secured borrowings – owed to securitization investors Lines of credit and other secured borrowings Debt securities Other liabilities Total liabilities Commitments and Contingencies (Note 22) Stockholders’ Equity Stockholders’ Equity [Abstract] Common stock, $.01 par value; 200,000,000 shares authorized; 134,847,475 and 129,899,288 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive loss, net of income taxes Total stockholders’ equity Total liabilities and stockholders’ equity Common stock, par value (in Dollars per share) Common stock, shares authorized Common stock, shares outstanding Common stock, shares issued CONSOLIDATED STATEMENTS OF OPERATIONS CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract] Revenue Revenue [Abstract] Servicing and subservicing fees Revenue recognized during the period for referral commissions from brokers on sales of foreclosed real estate properties and earned in connection with the preparation of foreclosure and similar documents on loans that have defaulted. Process management fees Other revenues Total revenue Operating expenses Operating expenses [Abstract] Compensation and benefits Amortization of mortgage servicing rights Non-labor costs directly associated with income earned from servicing mortgage loans, excluding amortization of mortgage servicing rights. Servicing and origination Technology and communications Professional services Occupancy and equipment Other operating expenses Total operating expenses Income from operations Other income (expense) Other income (expense) [Abstract] Interest income Interest expense Loss on loans held for resale, net Equity in earnings of unconsolidated entities Other, net Other expense, net Income before income taxes Income tax expense Net income Net income attributable to non-controlling interests Net income attributable to Ocwen Financial Corporation Earnings per share attributable to Ocwen Financial Corporation Earnings per share attributable to Ocwen Financial Corporation [Abstract] Basic (in Dollars per share) Diluted (in Dollars per share) Weighted average common shares outstanding Weighted average common shares outstanding [Abstract] Basic (in Shares) Diluted (in Shares) CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract] Net income Other comprehensive income (loss), net of income taxes: Other comprehensive income (loss), net of income taxes: [Abstract] Unrealized foreign currency translation income arising during the period (1) Change in deferred loss on cash flow hedges arising during the period (2) Reclassification adjustment for losses on cash flow hedges included in net income (3) Net change in deferred loss on cash flow hedges Other (4) Total other comprehensive income, net of income taxes Comprehensive income Comprehensive income attributable to Ocwen Financial Corporation CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY [Abstract] Equity Component [Domain] Balance at Balance at Balance at (in Shares) Balance at (in Shares) Net income (loss) Conversion of 3.25% Convertible Notes Conversion of 3.25% Convertible Notes (in Shares) Exercise of common stock options Exercise of common stock options (in Shares) Equity-based compensation Other comprehensive income, net of income taxes CONSOLIDATED STATEMENTS OF CASH FLOWS CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract] Cash flows from operating activities Cash flows from operating activities [Abstract] Adjustments to reconcile net income to net cash provided by operating activities Adjustments to reconcile net income to net cash provided by operating activities [Abstract] Amortization of debt discount Amortization of debt issuance costs – senior secured term loans Depreciation Provision for (reversal of) valuation allowance on mortgage servicing assets Loss on loans held for resale, net Equity in earnings of unconsolidated entities Unrealized losses on derivative financial instruments Gain on extinguishment of debt Increase in deferred tax assets, net Net cash provided by loans held for resale activities Changes in assets and liabilities: Changes in assets and liabilities: [Abstract] The net change during the reporting period in the carrying amount of non-interest-bearing advances on loans serviced for others and advances transferred to special purpose entities in transactions accounted for as secured borrowings. Decrease in advances and match funded advances Decrease in receivables and other assets, net Increase (decrease) in servicer liabilities Decrease in other liabilities Other, net Net cash provided by operating activities Cash flows from investing activities Cash flows from investing activities [Abstract] Proceeds from sale of advance financing subsidiary and special purpose entity Distributions of capital from unconsolidated entities Investment in unconsolidated entities Additions to premises and equipment Proceeds from sales of real estate The net change during the reporting period in the carrying amount of cash held by the consolidated Variable Interest Entities included in the reporting entity's statement of financial position but not avaliable for withdrawal or use by the reporting entity. Decrease (increase) in restricted cash – for securitization investors Principal payments received by consolidated Variable Interest Entities on mortgage loans held. Principal payments received on loans – restricted for securitization investors Net cash provided by investing activities Cash flows from financing activities Cash flows from financing activities [Abstract] The net cash inflow (outflow) from debt issuances and repayments associated with advances transferred to special purpose entities in transactions accounted for as secured borrowings. Proceeds from (repayment of) match funded liabilities Repayments by consolidated Variable Interest Entities on beneficial interest certificates issued. Repayment of secured borrowings – owed to securitization investors Repayment of lines of credit and other secured borrowings Cash inflow from the sale of mortgage servicing rights in a transaction that did not meet the requirements for sale accounting and was accounted for as a financing. Proceeds from sale of mortgage servicing rights accounted for as a financing Redemption of debt securities Exercise of common stock options Other Net cash provided by (used in) financing activities Net increase in cash Cash at beginning of period Cash at end of period Supplemental non-cash investing and financing activities Supplemental non-cash investing and financing activities [Abstract] Conversion of 3.25% Convertible Notes to common stock Supplemental disposition information Supplemental disposition information [Abstract] Sale of mortgage servicing rights accounted for as a financing Sale of Advance Financing Subsidiary and Special Purpose Entity: Sale of Advance Financing Subsidiary and Special Purpose Entity: [Abstract] For the disposal group, carrying amount of financial assets accounted for as secured borrowings recoginized in the transferor's statement of financial position. Match funded advances For the disposal group, carrying amount of interest-earning cash on deposit for unapplied debt repayments of for possible shortfalls in payment of debt interest and related expenses. Debt service account For the disposal group, carrying amount of interest-earning cash on deposit for unapplied debt reapyments for possible shortfalls in payment of debt interest and related expenses. Prepaid lender fees and debt issuance costs For the disposal group, carrying amount of expenditures made, not otherwise specified in the taxonomy, in advance of the timing of recoginition of expenses which are expenses to be charged against earnings. Other prepaid expenses For the disposal group, carrying value of the liabilities associated with financial assets accounted for as secured borrowings recognized in the transferor's statement of financial position. Match funded liabilities For the disposal group, carrying value of obligations incurred and payable pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include interest, rent, salaries, and utilities. Accrued interest payable and other accrued expenses Net assets of advance financing subsidiary and special purpose entity Net cash inflow from the sale of assets, net of the related liabilities assumed by the purchaser. Cash received at closing Teh amount due to the purchaser in an asset sale as the result of a post-closing adjustment to the sale price. Amount due to purchaser for post-closing adjustments The total sale price of assets sold, net of the realted assets assumed by the purchaser, including any post-closing adjustments to the price of assets sold or the carrying amount of liabilities assumed. Purchase price, as adjusted Note 1 SUMMARY OF SIGNIFICANT POLICIES Significant Accounting Policies [Text Block] Note 2 RECENT ACCOUNTING PRONOUCEMENTS New Accounting Pronouncement or Change in Accounting Principle, Description Note 3 BUSINESS ACQUISITION Mergers, Acquisitions and Dispositions Disclosures [Text Block] Note 4 ASSET SALE The entire disclosure for sales of assets and liabilities directly associated with those assets that will be transferred in the transaction. This may include a description of an asset sale (or series of individually immaterial assets sales) completed during the period, including background, timing, and assets and liabilities sold. This element does not inlcude fixed asset sales and plant closings. Dispositions Disclosure [Text Block] Note 5 FAIR VALUE OF FINANCIAL INSTRUMENTS Fair Value Disclosures [Text Block] Note 6 ADVANCES The disclosure of non-interest-bearing advances made on loans serviced for others. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors. Advances [Text Block] Note 7 MATCH FUNDED ADVANCES The disclosure for the carrying amount of advances transferred to special purpose entities in transactions accounted for as secured borrowings in the transferor's statement of financial position. Advances include receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Advances also include receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors. Transfers Accounted For As Secured Borrowings Advances [Text Block] Note 8 MORTGAGE SERVICING Transfers and Servicing of Financial Assets [Text Block] Note 9 RECEIVABLES Loans, Notes, Trade and Other Receivables Disclosure [Text Block] Note 10 OTHER ASSETS Other Assets Disclosure [Text Block] Note 11 MATCH FUNDED LIABILITIES The disclosure for debt associated with advances transferred to special purpose entities in transactions accounted for as secured borrowings recognized in the transferor's statement of financial position, including repayment terms, interest rates, unused borrowings capacity, and other matters important to users of the financial statements, such as the effects of refinancing and any non-compliance with debt covenants. Transfers Accounted For As Secured Borrowings Associated Liabilities [Text Block] Note 12 LINES OF CREDIT AND OTHER SECURED BORROWINGS The disclosure for information about secured debt, including repayment terms, interest rates, collateral provided, unused borrowing capacity, restrictions on use of assets and activities, and other matters important to the users of the financial statements, such as the effects of refinancing and non-compliance with debt covenants. Secured Debt Other [Text Block] Note 13 DEBT SECURITIES Debt Disclosure [Text Block] Note 14 OTHER LIABILITIES Other Liabilities Disclosure [Text Block] Note 15 DERIVATIVE FINANCIAL INSTRUMENTS Derivative Instruments and Hedging Activities Disclosure [Text Block]