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 Receivables, net Deferred tax assets, net Goodwill Premises and equipment, net Investments in unconsolidated entities Other assets Total assets Liabilities and Equity Liabilities and Equity [Abstract] Liabilities Liabilities [Abstract] Match funded liabilities Secured borrowings – owed to securitization investors Lines of credit and other secured borrowings Servicer liabilities Debt securities Other liabilities Total liabilities Equity Equity [Abstract] Ocwen Financial Corporation stockholders’ equity Ocwen Financial Corporation stockholders’ equity [Abstract] Common stock, $.01 par value; 200,000,000 shares authorized; 100,948,647 and 100,726,947 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive loss, net of income taxes Total Ocwen Financial Corporation stockholders’ equity Non-controlling interest in subsidiaries Total equity Total liabilities and equity Common stock, $.01 par value (in Dollars per share) Common stock, shares authorized Common stock, shares issued and outstanding 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 trading securities Loss on loans held for resale, net Equity in (loss) earnings of unconsolidated entities Other, net Other expense, net Income before income taxes Income tax expense (benefit) Net income Net loss (income) attributable to non-controlling interest in subsidiaries 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 (loss ) 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 (loss), net of income taxes Comprehensive income Comprehensive loss attributable to non-controlling interests Comprehensive income attributable to Ocwen Financial Corporation CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY [Abstract] Balance Balance Balance (in Shares) Balance (in Shares) Net income (loss) Exercise of common stock options Exercise of common stock options (in Shares) Equity-based compensation Equity-based compensation (in Shares) Other comprehensive income (loss), net of income taxes Adoption of ASC 810 (FASB Statement No. 167), net of tax Issuance of common stock awards to employees (in Shares) 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 loan Depreciation Write-off of investment in commercial real estate property Reversal of valuation allowance on mortgage servicing assets Loss on trading securities Loss on loans held for resale, net Equity in loss (earnings) of unconsolidated entities Gain on extinguishment of debt (Increase) decrease in deferred tax assets, net Net cash provided by trading activities 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 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] Purchase of mortgage servicing rights The cash outflow to obtain non-interest-bearing advances made on loans serviced for others and other related assets. Acquisition of advances and other assets in connection with the purchase of mortgage servicing rights This item represents disclosure of the amount of dividends or other distributions received from unconsolidated subsidiaries, certain corporate joint ventures, and certain non-controlled corporation that constitute a return of investment; these investments are accounted for under the equity method of accounting. This element excludes distributions that constitute a return on investment, which are classified as operating activities. Distributions of capital from unconsolidated entities – Ocwen Structured Investments, LLC, Ocwen Nonperforming Loans, LLC and Ocwen REO, LLC Investment in unconsolidated entity – Correspondent One S.A. 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. (Increase) decrease 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 (used) 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. (Repayment of) proceeds from match funded liabilities Repayments by consolidated Variable Interest Entities on beneficial interest certificates issued. Repayment of secured borrowings – owed to securitization investors Proceeds from lines of credit and other secured borrowings Repayment of lines of credit and other secured borrowings Repayment of investment line Repurchase of debt securities Exercise of common stock options Other Net cash (used) provided by financing activities Net (decrease) increase in cash Cash at beginning of period Cash at end of period NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Significant Accounting Policies [Text Block] NOTE 2 RECENT ACCOUNTING PRONOUNCEMENTS Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] NOTE 3 PENDING ACQUISITION Description of a pending business combination, including background, timing, and other items. This element may be used as a single block of text to encapsulate the entire disclosure (including data and tables) regarding pending business combinations. Pending Acquisition [Text Block] NOTE 4 FAIR VALUE OF FINANCIAL INSTRUMENTS Fair Value Disclosures [Text Block] NOTE 5 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 6 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 AsSecured Borrowings Advances [Text Block] NOTE 7 LOANS - RESTRICTED FOR SECURITIZATION INVESTORS The disclosure for mortgage loans held by consolidated Variable Interest Entities included in the reporting entity's statement of financial position. Variable Interest Entity Consolidated Carrying Amount Assets [Text Block] NOTE 8 MORTGAGE SERVICING RIGHTS Schedule of Servicing Assets at Amortized Value [Table 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 AsSecured Borrowings Associated Liabilities [Text Block] NOTE 12 SECURED BORROWINGS OWED TO SECURITIZATION INVESTORS The disclosure for beneficial interest certificates issued by consolidated Variable Interest Entities included in the reporting entity's statement of financial position. Variable Interest Entity Consolidated Carrying Amount Liabilities [Text Block] NOTE 13 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 14 OTHER LIABILITIES Other Liabilities Disclosure [Text Block] NOTE 15 DERIVATIVE FINANCIAL INSTRUMENTS Derivative Instruments and Hedging Activities Disclosure [Text Block] NOTE 16 SERVICING AND SUBSERVICING FEES The disclosure of the components of revenue from providing services to owners of mortgage loans and foreclosed real estate reported as servicing and subservicing fees. Includes servicing fees earned as a percent of the unpaid principal balance of assets serviced. Also includes late fees, prepayments penalties, float earnings and other ancillary fees. Servicing Fees Net [Text Block] NOTE 17 INTEREST EXPENSE The disclosure of the cost of all borrowed funds accounted for as interest expense that was charged against earnings during the period, by category of interest-bearing liabilities. Interest Expense [Text Block] NOTE 18 BASIC AND DILUTED EARNINGS PER SHARE Earnings Per Share [Text Block] NOTE 19 BUSINESS SEGMENT REPORTING Segment Reporting Disclosure [Text Block] NOTE 20 RELATED PARTY TRANSACTIONS Related Party Transactions Disclosure [Text Block] NOTE 21 REGULATORY REQUIREMENTS Description of regulatory oversight by federal, state, local and foreign governmental authorities that apply to the business. Regulatory Requirements [Text Block] NOTE 22 COMMITMENTS AND CONTINGENCIES Commitments and Contingencies Disclosure [Text Block] NOTE 23 SUBSEQUENT EVENTS Subsequent Events [Text Block] Noncontrolling Interest [Member] Common Stock [Member] Scenario, Unspecified [Domain] Accumulated Other Comprehensive Income (Loss) [Member] Statement, Scenario [Axis] Additional Paid-in Capital [Member] Statement, Equity Components [Axis] Retained Earnings [Member] Document and Entity Information [Abstract] TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesTextBlock PendingAcquisitionTextBlock SecuredDebtOtherTextBlock IncreaseDecreaseInVariableInterestEntityConsolidatedRestrictedCash RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities RepaymentOfVariableInterestEntityConsolidatedLiabilities VariableInterestEntityConsolidatedCarryingAmountLiabilitiesTextBlock TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock ServicingFeesNetTextBlock AdvancesTextBlock InterestExpenseTextBlock PaymentsToAcquireAdvancesAndOtherAssetsInConnectionWithThePurchaseOfMortgageServicingRights VariableInterestEntityConsolidatedCarryingAmountAssetsTextBlock RegulatoryRequirementsTextBlock Entity Common Stock, Shares Outstanding Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Weighted Average Number of Shares Outstanding, Diluted Payments to Acquire Property, Plant, and Equipment Entity Central Index Key Weighted Average Number of Shares Outstanding, Basic Operating Expenses Net Cash Provided by (Used in) Investing Activities Revenues Net Cash Provided by (Used in) Operating Activities Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period Comprehensive Income (Loss), Net of Tax, Attributable to Parent Document Period End Date Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Amendment Flag Net Cash Provided by (Used in) Financing Activities Document Type Assets Amendment Description Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest Net Income (Loss) Attributable to Parent Nonoperating Income (Expense) Stock Issued During Period, Value, Stock Options Exercised Payments to Acquire Businesses and Interest in Affiliates Document Fiscal Period Focus Payments to Acquire Mortgage Servicing Rights (MSR) Net Income (Loss) Attributable to Noncontrolling Interest Current Fiscal Year End Date Liabilities and Equity Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition Operating Income (Loss) Repayments of Secured Debt Repayments of Other Debt Entity Voluntary Filers Interest Expense Liabilities Entity Public Float Other Operating Activities, Cash Flow Statement Repayments of Unsecured Debt Entity Filer Category Document Fiscal Year Focus Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest Stockholders' Equity Attributable to Parent Entity Well-known Seasoned Issuer Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Net of Tax Entity Registrant Name Entity Current Reporting Status Statement [Table] Statement [Line Items]