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<link:definition>005 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited)</link:definition>
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<link:definition>007 - Statement - CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited)</link:definition>
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<link:definition>008 - Statement - CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited) (Parentheticals)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
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<link:definition>009 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>010 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (Parentheticals)</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
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<link:definition>011 - Disclosure - NOTE 1 DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>012 - Disclosure - NOTE 2 SECURITIZATIONS AND VARIABLE INTEREST ENTITIES</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>014 - Disclosure - NOTE 4 BUSINESS ACQUISITIONS</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>015 - Disclosure - NOTE 5 FAIR VALUE OF FINANCIAL INSTRUMENTS</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.ocwen.com/role/NOTE6LOANSHELDFORSALEATFAIRVALUE" id="NOTE6LOANSHELDFORSALEATFAIRVALUE">
<link:definition>016 - Disclosure - NOTE 6 LOANS HELD FOR SALE, AT FAIR VALUE</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>017 - Disclosure - NOTE 7 ADVANCES</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>018 - Disclosure - NOTE 8 MATCH FUNDED ADVANCES</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.ocwen.com/role/NOTE9MORTGAGESERVICING" id="NOTE9MORTGAGESERVICING">
<link:definition>019 - Disclosure - NOTE 9 MORTGAGE SERVICING</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>020 - Disclosure - NOTE 10 RECEIVABLES</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>021 - Disclosure - NOTE 11 GOODWILL</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.ocwen.com/role/NOTE12DEBTSERVICEACCOUNTS" id="NOTE12DEBTSERVICEACCOUNTS">
<link:definition>022 - Disclosure - NOTE 12 DEBT SERVICE ACCOUNTS</link:definition>
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<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>023 - Disclosure - NOTE 13 OTHER ASSETS</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>024 - Disclosure - NOTE 14 MATCH FUNDED LIABILITIES</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>025 - Disclosure - NOTE 15 OTHER BORROWINGS</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE16OTHERLIABILITIES" id="NOTE16OTHERLIABILITIES">
<link:definition>026 - Disclosure - NOTE 16 OTHER LIABILITIES</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>027 - Disclosure - NOTE 17 MEZZANINE EQUITY</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>028 - Disclosure - NOTE 18 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>029 - Disclosure - NOTE 19 INTEREST EXPENSE</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>030 - Disclosure - NOTE 20 BASIC AND DILUTED EARNINGS PER SHARE (EPS)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
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<link:definition>031 - Disclosure - NOTE 21 BUSINESS SEGMENT REPORTING</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>032 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
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<link:definition>033 - Disclosure - NOTE 23 REGULATORY REQUIREMENTS</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>034 - Disclosure - NOTE 24 COMMITMENTS AND CONTINGENCIES</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
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<link:definition>035 - Disclosure - NOTE 25 SUBSEQUENT EVENTS</link:definition>
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<link:definition>036 - Disclosure - NOTE 1 DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>037 - Disclosure - NOTE 2 SECURITIZATIONS AND VARIABLE INTEREST ENTITIES (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
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<link:definition>039 - Disclosure - NOTE 4 BUSINESS ACQUISITIONS (Tables)</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>040 - Disclosure - NOTE 5 FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
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<link:definition>041 - Disclosure - NOTE 6 LOANS HELD FOR SALE, AT FAIR VALUE (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>042 - Disclosure - NOTE 7 ADVANCES (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.ocwen.com/role/NOTE8MATCHFUNDEDADVANCESTables" id="NOTE8MATCHFUNDEDADVANCESTables">
<link:definition>043 - Disclosure - NOTE 8 MATCH FUNDED ADVANCES (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.ocwen.com/role/NOTE9MORTGAGESERVICINGTables" id="NOTE9MORTGAGESERVICINGTables">
<link:definition>044 - Disclosure - NOTE 9 MORTGAGE SERVICING (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.ocwen.com/role/NOTE10RECEIVABLESTables" id="NOTE10RECEIVABLESTables">
<link:definition>045 - Disclosure - NOTE 10 RECEIVABLES (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE11GOODWILLTables" id="NOTE11GOODWILLTables">
<link:definition>046 - Disclosure - NOTE 11 GOODWILL (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE13OTHERASSETSTables" id="NOTE13OTHERASSETSTables">
<link:definition>047 - Disclosure - NOTE 13 OTHER ASSETS (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE14MATCHFUNDEDLIABILITIESTables" id="NOTE14MATCHFUNDEDLIABILITIESTables">
<link:definition>048 - Disclosure - NOTE 14 MATCH FUNDED LIABILITIES (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.ocwen.com/role/NOTE15OTHERBORROWINGSTables" id="NOTE15OTHERBORROWINGSTables">
<link:definition>049 - Disclosure - NOTE 15 OTHER BORROWINGS (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE16OTHERLIABILITIESTables" id="NOTE16OTHERLIABILITIESTables">
<link:definition>050 - Disclosure - NOTE 16 OTHER LIABILITIES (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE17MEZZANINEEQUITYTables" id="NOTE17MEZZANINEEQUITYTables">
<link:definition>051 - Disclosure - NOTE 17 MEZZANINE EQUITY (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>052 - Disclosure - NOTE 18 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.ocwen.com/role/NOTE19INTERESTEXPENSETables" id="NOTE19INTERESTEXPENSETables">
<link:definition>053 - Disclosure - NOTE 19 INTEREST EXPENSE (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.ocwen.com/role/NOTE20BASICANDDILUTEDEARNINGSPERSHAREEPSTables" id="NOTE20BASICANDDILUTEDEARNINGSPERSHAREEPSTables">
<link:definition>054 - Disclosure - NOTE 20 BASIC AND DILUTED EARNINGS PER SHARE (EPS) (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE21BUSINESSSEGMENTREPORTINGTables" id="NOTE21BUSINESSSEGMENTREPORTINGTables">
<link:definition>055 - Disclosure - NOTE 21 BUSINESS SEGMENT REPORTING (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE22RELATEDPARTYTRANSACTIONSTables" id="NOTE22RELATEDPARTYTRANSACTIONSTables">
<link:definition>056 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/Note2SecuritizationsAndVariableInterestEntitiesDetailsTable1" id="Note2SecuritizationsAndVariableInterestEntitiesDetailsTable1">
<link:definition>058 - Disclosure - NOTE 2 SECURITIZATIONS AND VARIABLE INTEREST ENTITIES (Details) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/Note2SecuritizationsAndVariableInterestEntitiesDetailsTable2" id="Note2SecuritizationsAndVariableInterestEntitiesDetailsTable2">
<link:definition>059 - Disclosure - NOTE 2 SECURITIZATIONS AND VARIABLE INTEREST ENTITIES (Details) - (Table 2)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE3TRANSFERSOFFINANCIALASSETSDetailsTable1" id="NOTE3TRANSFERSOFFINANCIALASSETSDetailsTable1">
<link:definition>062 - Disclosure - NOTE 3 TRANSFERS OF FINANCIAL ASSETS (Details) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE4BUSINESSACQUISITIONSDetailTable1" id="NOTE4BUSINESSACQUISITIONSDetailTable1">
<link:definition>064 - Disclosure - NOTE 4 BUSINESS ACQUISITIONS (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE4BUSINESSACQUISITIONSDetailTable2" id="NOTE4BUSINESSACQUISITIONSDetailTable2">
<link:definition>065 - Disclosure - NOTE 4 BUSINESS ACQUISITIONS (Detail) - (Table 2)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE4BUSINESSACQUISITIONSDetailTable3" id="NOTE4BUSINESSACQUISITIONSDetailTable3">
<link:definition>066 - Disclosure - NOTE 4 BUSINESS ACQUISITIONS (Detail) - (Table 3)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE4BUSINESSACQUISITIONSDetailTable4" id="NOTE4BUSINESSACQUISITIONSDetailTable4">
<link:definition>067 - Disclosure - NOTE 4 BUSINESS ACQUISITIONS (Detail) - (Table 4)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE5FAIRVALUEOFFINANCIALINSTRUMENTSDetailTable1" id="NOTE5FAIRVALUEOFFINANCIALINSTRUMENTSDetailTable1">
<link:definition>069 - Disclosure - NOTE 5 FAIR VALUE OF FINANCIAL INSTRUMENTS (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE5FAIRVALUEOFFINANCIALINSTRUMENTSDetailTable2" id="NOTE5FAIRVALUEOFFINANCIALINSTRUMENTSDetailTable2">
<link:definition>070 - Disclosure - NOTE 5 FAIR VALUE OF FINANCIAL INSTRUMENTS (Detail) - (Table 2)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE6LOANSHELDFORSALEATFAIRVALUEDetailTable1" id="NOTE6LOANSHELDFORSALEATFAIRVALUEDetailTable1">
<link:definition>072 - Disclosure - NOTE 6 LOANS HELD FOR SALE, AT FAIR VALUE (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE6LOANSHELDFORSALEATFAIRVALUEDetailTable2" id="NOTE6LOANSHELDFORSALEATFAIRVALUEDetailTable2">
<link:definition>073 - Disclosure - NOTE 6 LOANS HELD FOR SALE, AT FAIR VALUE (Detail) - (Table 2)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE7ADVANCESDetailTable1" id="NOTE7ADVANCESDetailTable1">
<link:definition>075 - Disclosure - NOTE 7 ADVANCES (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE8MATCHFUNDEDADVANCESDetailTable1" id="NOTE8MATCHFUNDEDADVANCESDetailTable1">
<link:definition>076 - Disclosure - NOTE 8 MATCH FUNDED ADVANCES (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE9MORTGAGESERVICINGDetailTable1" id="NOTE9MORTGAGESERVICINGDetailTable1">
<link:definition>077 - Disclosure - NOTE 9 MORTGAGE SERVICING (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE9MORTGAGESERVICINGDetailTable2" id="NOTE9MORTGAGESERVICINGDetailTable2">
<link:definition>078 - Disclosure - NOTE 9 MORTGAGE SERVICING (Detail) - (Table 2)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE9MORTGAGESERVICINGDetailTable3" id="NOTE9MORTGAGESERVICINGDetailTable3">
<link:definition>079 - Disclosure - NOTE 9 MORTGAGE SERVICING (Detail) - (Table 3)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE9MORTGAGESERVICINGDetailTable4" id="NOTE9MORTGAGESERVICINGDetailTable4">
<link:definition>080 - Disclosure - NOTE 9 MORTGAGE SERVICING (Detail) - (Table 4)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE9MORTGAGESERVICINGDetailTable5" id="NOTE9MORTGAGESERVICINGDetailTable5">
<link:definition>081 - Disclosure - NOTE 9 MORTGAGE SERVICING (Detail) - (Table 5)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE10RECEIVABLESDetailTable1" id="NOTE10RECEIVABLESDetailTable1">
<link:definition>083 - Disclosure - NOTE 10 RECEIVABLES (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE11GOODWILLDetailTable1" id="NOTE11GOODWILLDetailTable1">
<link:definition>084 - Disclosure - NOTE 11 GOODWILL (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE13OTHERASSETSDetailTable1" id="NOTE13OTHERASSETSDetailTable1">
<link:definition>087 - Disclosure - NOTE 13 OTHER ASSETS (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE14MATCHFUNDEDLIABILITIESDetailTable1" id="NOTE14MATCHFUNDEDLIABILITIESDetailTable1">
<link:definition>090 - Disclosure - NOTE 14 MATCH FUNDED LIABILITIES (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE15OTHERBORROWINGSDetailTable1" id="NOTE15OTHERBORROWINGSDetailTable1">
<link:definition>092 - Disclosure - NOTE 15 OTHER BORROWINGS (Detail) -(Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE16OTHERLIABILITIESDetailTable1" id="NOTE16OTHERLIABILITIESDetailTable1">
<link:definition>094 - Disclosure - NOTE 16 OTHER LIABILITIES (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE17MEZZANINEEQUITYDetailTable1" id="NOTE17MEZZANINEEQUITYDetailTable1">
<link:definition>096 - Disclosure - NOTE 17 MEZZANINE EQUITY (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetailTable1" id="NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetailTable1">
<link:definition>098 - Disclosure - NOTE 18 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetailTable2" id="NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetailTable2">
<link:definition>099 - Disclosure - NOTE 18 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Detail) - (Table 2)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetailsTable3" id="NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetailsTable3">
<link:definition>100 - Disclosure - NOTE 18 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Details) (Table 3)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetailTable4" id="NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetailTable4">
<link:definition>101 - Disclosure - NOTE 18 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Detail) - (Table 4)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE19INTERESTEXPENSEDetailTable1" id="NOTE19INTERESTEXPENSEDetailTable1">
<link:definition>103 - Disclosure - NOTE 19 INTEREST EXPENSE (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE19INTERESTEXPENSEDetailParentheticalsTable1" id="NOTE19INTERESTEXPENSEDetailParentheticalsTable1">
<link:definition>104 - Disclosure - NOTE 19 INTEREST EXPENSE (Detail) - (Parentheticals) (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE20BASICANDDILUTEDEARNINGSPERSHAREEPSDetailTable1" id="NOTE20BASICANDDILUTEDEARNINGSPERSHAREEPSDetailTable1">
<link:definition>106 - Disclosure - NOTE 20 BASIC AND DILUTED EARNINGS PER SHARE (EPS) (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE21BUSINESSSEGMENTREPORTINGDetailTable1" id="NOTE21BUSINESSSEGMENTREPORTINGDetailTable1">
<link:definition>108 - Disclosure - NOTE 21 BUSINESS SEGMENT REPORTING (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE21BUSINESSSEGMENTREPORTINGDetailTable2" id="NOTE21BUSINESSSEGMENTREPORTINGDetailTable2">
<link:definition>109 - Disclosure - NOTE 21 BUSINESS SEGMENT REPORTING (Detail) - (Table 2)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE22RELATEDPARTYTRANSACTIONSDetailTable1" id="NOTE22RELATEDPARTYTRANSACTIONSDetailTable1">
<link:definition>110 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS (Detail) - (Table 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE22RELATEDPARTYTRANSACTIONSDetailTable2" id="NOTE22RELATEDPARTYTRANSACTIONSDetailTable2">
<link:definition>111 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS (Detail) - (Table 2)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/Note1DescriptionOfBusinessBasisOfPresentationAndSignificantAccountingPoliciesDetail" id="Note1DescriptionOfBusinessBasisOfPresentationAndSignificantAccountingPoliciesDetail">
<link:definition>057 - Disclosure - NOTE 1 DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/Note2securitizationsandvariableinterestentitiesdetail" id="Note2securitizationsandvariableinterestentitiesdetail">
<link:definition>060 - Disclosure - NOTE 2 SECURITIZATIONS AND VARIABLE INTEREST ENTITIES (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/Note2SecuritizationsAndVariableInterestEntitiesDetail1" id="Note2SecuritizationsAndVariableInterestEntitiesDetail1">
<link:definition>061 - Disclosure - NOTE 2 SECURITIZATIONS AND VARIABLE INTEREST ENTITIES (Detail 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE4BUSINESSACQUISITIONSDetail" id="NOTE4BUSINESSACQUISITIONSDetail">
<link:definition>068 - Disclosure - NOTE 4 BUSINESS ACQUISITIONS (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE5FAIRVALUEOFFINANCIALINSTRUMENTSDetail" id="NOTE5FAIRVALUEOFFINANCIALINSTRUMENTSDetail">
<link:definition>071 - Disclosure - NOTE 5 FAIR VALUE OF FINANCIAL INSTRUMENTS (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE6LOANSHELDFORSALEATFAIRVALUEDetail" id="NOTE6LOANSHELDFORSALEATFAIRVALUEDetail">
<link:definition>074 - Disclosure - NOTE 6 LOANS HELD FOR SALE, AT FAIR VALUE (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE9MORTGAGESERVICINGDetail" id="NOTE9MORTGAGESERVICINGDetail">
<link:definition>082 - Disclosure - NOTE 9 MORTGAGE SERVICING (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE11GOODWILLDetail" id="NOTE11GOODWILLDetail">
<link:definition>085 - Disclosure - NOTE 11 GOODWILL (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE12DEBTSERVICEACCOUNTSDetail" id="NOTE12DEBTSERVICEACCOUNTSDetail">
<link:definition>086 - Disclosure - NOTE 12 DEBT SERVICE ACCOUNTS (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE13OTHERASSETSDetail" id="NOTE13OTHERASSETSDetail">
<link:definition>088 - Disclosure - NOTE 13 OTHER ASSETS (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE13OTHERASSETSDetail1" id="NOTE13OTHERASSETSDetail1">
<link:definition>089 - Disclosure - NOTE 13 OTHER ASSETS (Detail 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE14MATCHFUNDEDLIABILITIESDetail" id="NOTE14MATCHFUNDEDLIABILITIESDetail">
<link:definition>091 - Disclosure - NOTE 14 MATCH FUNDED LIABILITIES (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE15OTHERBORROWINGSDetail" id="NOTE15OTHERBORROWINGSDetail">
<link:definition>093 - Disclosure - NOTE 15 OTHER BORROWINGS (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE16OTHERLIABILITIESDetail" id="NOTE16OTHERLIABILITIESDetail">
<link:definition>095 - Disclosure - NOTE 16 OTHER LIABILITIES (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE17MEZZANINEEQUITYDetail" id="NOTE17MEZZANINEEQUITYDetail">
<link:definition>097 - Disclosure - NOTE 17 MEZZANINE EQUITY (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetail" id="NOTE18DERIVATIVEFINANCIALINSTRUMENTSANDHEDGINGACTIVITIESDetail">
<link:definition>102 - Disclosure - NOTE 18 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE19INTERESTEXPENSEDetail" id="NOTE19INTERESTEXPENSEDetail">
<link:definition>105 - Disclosure - NOTE 19 INTEREST EXPENSE (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE20BASICANDDILUTEDEARNINGSPERSHAREEPSDetail" id="NOTE20BASICANDDILUTEDEARNINGSPERSHAREEPSDetail">
<link:definition>107 - Disclosure - NOTE 20 BASIC AND DILUTED EARNINGS PER SHARE (EPS) (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE22RELATEDPARTYTRANSACTIONSDetail" id="NOTE22RELATEDPARTYTRANSACTIONSDetail">
<link:definition>112 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE22RELATEDPARTYTRANSACTIONSDetail1" id="NOTE22RELATEDPARTYTRANSACTIONSDetail1">
<link:definition>113 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS (Detail 1)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE22RELATEDPARTYTRANSACTIONSDetail2" id="NOTE22RELATEDPARTYTRANSACTIONSDetail2">
<link:definition>114 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS (Detail 2)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE22RELATEDPARTYTRANSACTIONSDetail3" id="NOTE22RELATEDPARTYTRANSACTIONSDetail3">
<link:definition>115 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS (Detail 3)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE22RELATEDPARTYTRANSACTIONSDetail4" id="NOTE22RELATEDPARTYTRANSACTIONSDetail4">
<link:definition>116 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS (Detail 4)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE22RELATEDPARTYTRANSACTIONSDetail5" id="NOTE22RELATEDPARTYTRANSACTIONSDetail5">
<link:definition>117 - Disclosure - NOTE 22 RELATED PARTY TRANSACTIONS (Detail 5)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE24COMMITMENTSANDCONTINGENCIESDetail" id="NOTE24COMMITMENTSANDCONTINGENCIESDetail">
<link:definition>118 - Disclosure - NOTE 24 COMMITMENTS AND CONTINGENCIES (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE25SUBSEQUENTEVENTSDetail" id="NOTE25SUBSEQUENTEVENTSDetail">
<link:definition>119 - Disclosure - NOTE 25 SUBSEQUENT EVENTS (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:linkbaseRef xlink:type="simple" xlink:href="ocn-20130630_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
<link:linkbaseRef xlink:type="simple" xlink:href="ocn-20130630_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
<link:linkbaseRef xlink:type="simple" xlink:href="ocn-20130630_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
<link:linkbaseRef xlink:type="simple" xlink:href="ocn-20130630_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE3TRANSFERSOFFINANCIALASSETSDetails" id="NOTE3TRANSFERSOFFINANCIALASSETSDetails"><link:definition>063 - Disclosure - NOTE 3 TRANSFERS OF FINANCIAL ASSETS (Details)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE3TRANSFERSOFFINANCIALASSETESTables" id="NOTE3TRANSFERSOFFINANCIALASSETESTables"><link:definition>038 - Disclosure - NOTE 3 TRANSFERS OF FINANCIAL ASSETES (Tables)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.ocwen.com/role/NOTE3TRANSFERSOFFINANCIALASSETS" id="NOTE3TRANSFERSOFFINANCIALASSETS"><link:definition>013 - Disclosure - NOTE 3 TRANSFERS OF FINANCIAL ASSETS</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
</appinfo></annotation>
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<element name="Advances" id="ocn_Advances" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
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<element name="LossOnDebtRedemption" id="ocn_LossOnDebtRedemption" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact" id="ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockEquityImpact" id="ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockEquityImpact" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="RescapServicingOperationsMember" id="ocn_RescapServicingOperationsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>

<element name="CorrespondentOneMember" id="ocn_CorrespondentOneMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="GainOnSalesOfLoansNet" id="ocn_GainOnSalesOfLoansNet" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" id="ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights" id="ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs" id="ocn_ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>

<element name="ProceedsFromMatchFundedLiabilities" id="ocn_ProceedsFromMatchFundedLiabilities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" id="ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ProceedsFromSaleOfLoansAccountedForAsAFinancing" id="ocn_ProceedsFromSaleOfLoansAccountedForAsAFinancing" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne" id="ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne" id="ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="NoncashOrPartNoncashAcquisitionGoodwillAcquired" id="ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="NoncashOrPartNoncashAcquisitionAmountDueToSellerForPurchasePriceAdjustments" id="ocn_NoncashOrPartNoncashAcquisitionAmountDueToSellerForPurchasePriceAdjustments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="CapitalSecuritiesInterestRateStatedPercentage" id="ocn_CapitalSecuritiesInterestRateStatedPercentage" type="num:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AssetSalesAndFinancingAbstract" id="ocn_AssetSalesAndFinancingAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AssetSalesAndFinancingTextBlock" id="ocn_AssetSalesAndFinancingTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoansHeldForSaleAtFairValueAbstract" id="ocn_LoansHeldForSaleAtFairValueAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoansHeldForSaleAtFairValueTextBlock" id="ocn_LoansHeldForSaleAtFairValueTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdvancesAbstract" id="ocn_AdvancesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdvancesTextBlock" id="ocn_AdvancesTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MatchFundedAdvancesAbstract" id="ocn_MatchFundedAdvancesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MatchFundedAdvancesTextBlock" id="ocn_MatchFundedAdvancesTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DebtServiceAccountsAbstract" id="ocn_DebtServiceAccountsAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DebtServiceAccountsTextBlock" id="ocn_DebtServiceAccountsTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MatchFundedLiabilitiesAbstract" id="ocn_MatchFundedLiabilitiesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MatchFundedLiabilitiesTextBlock" id="ocn_MatchFundedLiabilitiesTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherBorrowingsAbstract" id="ocn_OtherBorrowingsAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherBorrowingsTextBlock" id="ocn_OtherBorrowingsTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MezzanineEquityTextBlock" id="ocn_MezzanineEquityTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="InterestExpenseTextBlock" id="ocn_InterestExpenseTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="RegulatoryRequirementsAbstract" id="ocn_RegulatoryRequirementsAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="RegulatoryRequirementsTextBlock" id="ocn_RegulatoryRequirementsTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" id="ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" id="ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfPurchasePriceAllocationToSaleOfAssetsAndLiabilitiesAssumedTableTextBlock" id="ocn_ScheduleOfPurchasePriceAllocationToSaleOfAssetsAndLiabilitiesAssumedTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="RescapAndHomewardAcquisitionsMember" id="ocn_RescapAndHomewardAcquisitionsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="RescapAcquisitionMember" id="ocn_RescapAcquisitionMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HomewardAcquisitionMember" id="ocn_HomewardAcquisitionMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock" id="ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoansHeldForSaleCarriedAtFairValueTableTextBlock" id="ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="GainOnLoansHeldForSaleTableTextBlock" id="ocn_GainOnLoansHeldForSaleTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" id="ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfMatchFundedAdvancesTableTextBlock" id="ocn_ScheduleOfMatchFundedAdvancesTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfServicingAndSubservicingFeesTableTextBlock" id="ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfLoansServicedByPropertyTypeTableTextBlock" id="ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfMatchFundedLiabilitiesTableTextBlock" id="ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfOtherLiabilitiesTableTextBlock" id="ocn_ScheduleOfOtherLiabilitiesTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfInterestExpenseByLiabilityTableTextBlock" id="ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DepreciationAndAmortizationMember" id="ocn_DepreciationAndAmortizationMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="RelatedPartyTransactionDetailsTableTextBlock" id="ocn_RelatedPartyTransactionDetailsTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ScheduleOfReceivableFromOrPayableToAffiliatesTableTextBlock" id="ocn_ScheduleOfReceivableFromOrPayableToAffiliatesTableTextBlock" type="nonnum:textBlockItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>

<element name="CarryingValueOfAssetsAbstract" id="ocn_CarryingValueOfAssetsAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdvancesAndMatchFundedAdvances" id="ocn_AdvancesAndMatchFundedAdvances" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="UnpaidPrincipalBalanceOfLoansTransferred" id="ocn_UnpaidPrincipalBalanceOfLoansTransferred" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MaximumExposureToLoss" id="ocn_MaximumExposureToLoss" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>

<element name="FairValueOfServicingAssetsSold" id="ocn_FairValueOfServicingAssetsSold" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SaleOfMatchFundedAdvances" id="ocn_SaleOfMatchFundedAdvances" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DisposalGroupMatchFundedAdvances" id="ocn_DisposalGroupMatchFundedAdvances" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DisposalGroupDebtServiceAccount" id="ocn_DisposalGroupDebtServiceAccount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DisposalGroupDebtFeesAndDebtIssuanceCosts" id="ocn_DisposalGroupDebtFeesAndDebtIssuanceCosts" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DisposalGroupOtherPrepaidExpenses" id="ocn_DisposalGroupOtherPrepaidExpenses" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DisposalGroupMatchFundedLiabilities" id="ocn_DisposalGroupMatchFundedLiabilities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DisposalGroupAccruedLiabilities" id="ocn_DisposalGroupAccruedLiabilities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="PurchasePriceAsAdjusted" id="ocn_PurchasePriceAsAdjusted" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AssetSaleDueToPurchaserForPurchasePriceAdjustments" id="ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ResidentialCapitalLlcMember" id="ocn_ResidentialCapitalLlcMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HomewardResidentialHoldingsIncMember" id="ocn_HomewardResidentialHoldingsIncMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" id="ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances" id="ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionPurchasePriceAllocationAdvancesAndDebtServiceAccount" id="ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndDebtServiceAccount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionPurchasePriceAllocationInvestmentInUnconsolidatedEntities" id="ocn_BusinessAcquisitionPurchasePriceAllocationInvestmentInUnconsolidatedEntities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets" id="ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionPurchasePriceAllocationMatchFundedLiabilities" id="ocn_BusinessAcquisitionPurchasePriceAllocationMatchFundedLiabilities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionChecksHeldForEscheat" id="ocn_BusinessAcquisitionChecksHeldForEscheat" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ForwardMortgageBackedSecuritiesTradesMember" id="ocn_ForwardMortgageBackedSecuritiesTradesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="USTreasuryFuturesMember" id="ocn_USTreasuryFuturesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MortgageServicingRightsMember" id="ocn_MortgageServicingRightsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="FinancialAssetsAbstract" id="ocn_FinancialAssetsAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoansHeldForSaleAtLowerCostFairValueDisclosure" id="ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoansRestrictedForSecuritizationInvestorsFairValueDisclosure" id="ocn_LoansRestrictedForSecuritizationInvestorsFairValueDisclosure" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdvancesAndMatchFundedAdvancesFairValueDisclosure" id="ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="FinancialLiabilitiesAbstract" id="ocn_FinancialLiabilitiesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SecuredBorrowingsFairValueDisclosure" id="ocn_SecuredBorrowingsFairValueDisclosure" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherBorrowingsIncludingSecuredBorrowings" id="ocn_OtherBorrowingsIncludingSecuredBorrowings" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MortgageServicingRights" id="ocn_MortgageServicingRights" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="FairValueOfFinancialInstrumentTable" id="ocn_FairValueOfFinancialInstrumentTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem"/>
<element name="LoansRestrictedForSecuritizationInvestorsMember" id="ocn_LoansRestrictedForSecuritizationInvestorsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SecuredBorrowingsOwedToSecuritizationInvestorsMember" id="ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="FairValueOfFinancialInstrumentLineItems" id="ocn_FairValueOfFinancialInstrumentLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="TotalRealizedAndUnrealizedGainsAndLosses1Abstract" id="ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss" id="ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MovementInLoansHeldForSaleAtFairValueRollForward" id="ocn_MovementInLoansHeldForSaleAtFairValueRollForward" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale" id="ocn_IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherAdjustmentMortgageLoansHeldForSale" id="ocn_OtherAdjustmentMortgageLoansHeldForSale" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoansHeldForSaleAtFairValueTable" id="ocn_LoansHeldForSaleAtFairValueTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem"/>
<element name="LoansHeldForSaleAtFairValueLineItems" id="ocn_LoansHeldForSaleAtFairValueLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="GainLossOnInterestRateDerivativeInstruments" id="ocn_GainLossOnInterestRateDerivativeInstruments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="GainOnHedgeInstruments" id="ocn_GainOnHedgeInstruments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ProvisionForRepresentationsAndWarranties" id="ocn_ProvisionForRepresentationsAndWarranties" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdvancesOnBehalfOfBorrowersAxis" id="ocn_AdvancesOnBehalfOfBorrowersAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:dimensionItem"/>
<element name="AdvancesOnBehalfOfBorrowersDomain" id="ocn_AdvancesOnBehalfOfBorrowersDomain" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingMember" id="ocn_ServicingMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LendingMember" id="ocn_LendingMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="CorporateItemsAndOtherMember" id="ocn_CorporateItemsAndOtherMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="TotalMember" id="ocn_TotalMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingAbstract" id="ocn_ServicingAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="PrincipalAndInterestAdvances" id="ocn_PrincipalAndInterestAdvances" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="TaxesAndInsuranceAdvances" id="ocn_TaxesAndInsuranceAdvances" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ForeclosureBankruptcyCostsAndOther" id="ocn_ForeclosureBankruptcyCostsAndOther" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdvancesPaymentsOnBehalfOfByBorrower" id="ocn_AdvancesPaymentsOnBehalfOfByBorrower" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="Lending" id="ocn_Lending" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="CorporateItemsAndOtherAdvances" id="ocn_CorporateItemsAndOtherAdvances" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MatchFundedAdvancesTable" id="ocn_MatchFundedAdvancesTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem"/>
<element name="MatchFundedAdvancesLineItems" id="ocn_MatchFundedAdvancesLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ForeclosuresBankruptcyRealEstateAndOther" id="ocn_ForeclosuresBankruptcyRealEstateAndOther" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingAssetAtAmortizedValueAdditions1" id="ocn_ServicingAssetAtAmortizedValueAdditions1" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" id="ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" id="ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="FloatEarningsEarnedInExchangeForServicingFinancialAssets" id="ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis" id="ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:dimensionItem"/>
<element name="UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain" id="ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoansServicedServicing" id="ocn_LoansServicedServicing" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LoansServicedSubservicing" id="ocn_LoansServicedSubservicing" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AssetsServiced" id="ocn_AssetsServiced" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ReceivablesMember" id="ocn_ReceivablesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AllowanceForCreditLossesMember" id="ocn_AllowanceForCreditLossesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ReceivablesNetMember" id="ocn_ReceivablesNetMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingReceivableNet" id="ocn_ServicingReceivableNet" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherReceivablesNet" id="ocn_OtherReceivablesNet" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LittonLoanServicingLPMember" id="ocn_LittonLoanServicingLPMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HomEqServicingMember" id="ocn_HomEqServicingMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="GoodwillExcludingLibertyAndStepAcquisitionAmount" id="ocn_GoodwillExcludingLibertyAndStepAcquisitionAmount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="GoodwillAcquiredDuringPeriodTwo" id="ocn_GoodwillAcquiredDuringPeriodTwo" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessCombinationStepAcquisitionGoodwill" id="ocn_BusinessCombinationStepAcquisitionGoodwill" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionDeposits" id="ocn_BusinessAcquisitionDeposits" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicerAdvanceRevolvingTrustOne2011Member" id="ocn_ServicerAdvanceRevolvingTrustOne2011Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicerAdvanceRevolvingTrustOne2011TwoMember" id="ocn_ServicerAdvanceRevolvingTrustOne2011TwoMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicerAdvanceRevolvingTrustTwo2012Member" id="ocn_ServicerAdvanceRevolvingTrustTwo2012Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicerAdvanceRevolvingTrustThree2012Member" id="ocn_ServicerAdvanceRevolvingTrustThree2012Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicerAdvanceRevolvingTrustThree2012TwoMember" id="ocn_ServicerAdvanceRevolvingTrustThree2012TwoMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="TotalFixedRateMember" id="ocn_TotalFixedRateMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdvanceReceivableBackedNotesMember" id="ocn_AdvanceReceivableBackedNotesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdvanceReceivableBackedNotesSeries2012AdvOneMember" id="ocn_AdvanceReceivableBackedNotesSeries2012AdvOneMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdvanceReceivableBackedNotesSeries2012AdvOneTwoMember" id="ocn_AdvanceReceivableBackedNotesSeries2012AdvOneTwoMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingAdvanceRevolvingTrustOne2011Member" id="ocn_ServicingAdvanceRevolvingTrustOne2011Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicerAdvanceRevolvingTrustOne2011ThreeMember" id="ocn_ServicerAdvanceRevolvingTrustOne2011ThreeMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingAdvanceRevolvingTrustTwo2012Member" id="ocn_ServicingAdvanceRevolvingTrustTwo2012Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingAdvanceRevolvingTrustThree2012Member" id="ocn_ServicingAdvanceRevolvingTrustThree2012Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HomewardAgencyAdvanceFundingTrustOne2012Member" id="ocn_HomewardAgencyAdvanceFundingTrustOne2012Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HomewardAgencyAdvanceFundingTrustOne2012TwoMember" id="ocn_HomewardAgencyAdvanceFundingTrustOne2012TwoMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HomewardResidentialBridgeLoanTrust2013SeriesBridgeVfOneAndVfTwoMember" id="ocn_HomewardResidentialBridgeLoanTrust2013SeriesBridgeVfOneAndVfTwoMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OcwenServicerAdvanceReceivablesTrustSeries2013VfoneClassBCAndDNotesMember" id="ocn_OcwenServicerAdvanceReceivablesTrustSeries2013VfoneClassBCAndDNotesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OcwenServicerAdvanceReceivablesTrustTwoSeries2013VfOneClassABCAndDNotesMember" id="ocn_OcwenServicerAdvanceReceivablesTrustTwoSeries2013VfOneClassABCAndDNotesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="TotalVariableRateMember" id="ocn_TotalVariableRateMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DebtInstrumentFixedOrVariableInterestRateDescription" id="ocn_DebtInstrumentFixedOrVariableInterestRateDescription" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DebtInstrumentAmortizationDate" id="ocn_DebtInstrumentAmortizationDate" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SeniorSecuredTermLoanMember" id="ocn_SeniorSecuredTermLoanMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SeniorUnsecuredTermLoanMember" id="ocn_SeniorUnsecuredTermLoanMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="PromissoryNoteMember" id="ocn_PromissoryNoteMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="RepurchaseAgreementMember" id="ocn_RepurchaseAgreementMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MasterRepurchaseAgreementMember" id="ocn_MasterRepurchaseAgreementMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ParticipationAgreementMember" id="ocn_ParticipationAgreementMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MaturityDateAxis" id="ocn_MaturityDateAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:dimensionItem"/>
<element name="MaturityDateDomain" id="ocn_MaturityDateDomain" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="September2016Member" id="ocn_September2016Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="February2018Member" id="ocn_February2018Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="March2014Member" id="ocn_March2014Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="Apr2014Member" id="ocn_Apr2014Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="May2014Member" id="ocn_May2014Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="Aug2013Member" id="ocn_Aug2013Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="Aug2013TwoMember" id="ocn_Aug2013TwoMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="April2013Member" id="ocn_April2013Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="May2013Member" id="ocn_May2013Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="July2013Member" id="ocn_July2013Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HomeLoanServicingSolutionsMember" id="ocn_HomeLoanServicingSolutionsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="UnrelatedThirdPartyMember" id="ocn_UnrelatedThirdPartyMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="IndemnificationObligationsLiability" id="ocn_IndemnificationObligationsLiability" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments" id="ocn_BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ForeclosureLiability" id="ocn_ForeclosureLiability" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ChecksHeldForEscheat" id="ocn_ChecksHeldForEscheat" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DueToServicingAndSubservicingInvestors" id="ocn_DueToServicingAndSubservicingInvestors" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LiabilityForUncertainTaxPositions" id="ocn_LiabilityForUncertainTaxPositions" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="PreferredStockRollForward" id="ocn_PreferredStockRollForward" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature" id="ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="PreferredStockAccretionBeneficialConversionFeatureDiscount" id="ocn_PreferredStockAccretionBeneficialConversionFeatureDiscount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DerivativeRollForward" id="ocn_DerivativeRollForward" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DerivativeAdditions" id="ocn_DerivativeAdditions" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AmortizationOfDerivative" id="ocn_AmortizationOfDerivative" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DerivativeMaturities" id="ocn_DerivativeMaturities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DerivativeTerminations" id="ocn_DerivativeTerminations" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DerivativeMaturityPeriod" id="ocn_DerivativeMaturityPeriod" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>

<element name="MortgageLoansHeldForSaleAndInterestRateLockCommitmentsMember" id="ocn_MortgageLoansHeldForSaleAndInterestRateLockCommitmentsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HedgeEffectsOfChangeInMlOnAdvanceFundingFacilityMember" id="ocn_HedgeEffectsOfChangeInMlOnAdvanceFundingFacilityMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>



<element name="InterestRateDerivativesExpirationDate" id="ocn_InterestRateDerivativesExpirationDate" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ChangesInLossesOnCashFlowHedgesIncludedInAoclRollForward" id="ocn_ChangesInLossesOnCashFlowHedgesIncludedInAoclRollForward" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AdditionalNetLossesOnCashFlowHedges" id="ocn_AdditionalNetLossesOnCashFlowHedges" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LossesOnTerminatedHedgingRelationshipsAmortizedToEarnings" id="ocn_LossesOnTerminatedHedgingRelationshipsAmortizedToEarnings" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingAndOriginationExpenseMember" id="ocn_ServicingAndOriginationExpenseMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="LossOnLoansHeldForResaleNetMember" id="ocn_LossOnLoansHeldForResaleNetMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherNetMember" id="ocn_OtherNetMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="InterestExpenseByCategoryOfInterestBearingLiabilityAxis" id="ocn_InterestExpenseByCategoryOfInterestBearingLiabilityAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:dimensionItem"/>
<element name="InterestExpenseByCategoryOfInterestBearingLiabilityDomain" id="ocn_InterestExpenseByCategoryOfInterestBearingLiabilityDomain" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MatchFundedLiabilitiesMember" id="ocn_MatchFundedLiabilitiesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherBorrowingsMember" id="ocn_OtherBorrowingsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DebtSecuritiesConvertibleNotesMember" id="ocn_DebtSecuritiesConvertibleNotesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DebtSecuritiesCapitalTrustSecuritiesMember" id="ocn_DebtSecuritiesCapitalTrustSecuritiesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherInterestExpenseMember" id="ocn_OtherInterestExpenseMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DebtSecuritiesAbstract" id="ocn_DebtSecuritiesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="IncrementalCommonSharesAttributableToCommonStockAwards" id="ocn_IncrementalCommonSharesAttributableToCommonStockAwards" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="StockOptionsExcludedFromDilutedEpsComputationAbstract" id="ocn_StockOptionsExcludedFromDilutedEpsComputationAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MarketBasedSecuritiesExcludedFromComputationOfEarningsPerShare" id="ocn_MarketBasedSecuritiesExcludedFromComputationOfEarningsPerShare" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessSegmentsConsolidatedMember" id="ocn_BusinessSegmentsConsolidatedMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherIncomeExpenseNetAbstract" id="ocn_OtherIncomeExpenseNetAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="TotalAssetsAbstract" id="ocn_TotalAssetsAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AffiliatedEntityAMember" id="ocn_AffiliatedEntityAMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AffiliatedEntityHMember" id="ocn_AffiliatedEntityHMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="RevenuesAndExpensesAbstract" id="ocn_RevenuesAndExpensesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AltisourcePortfolioSolutionsSaMember" id="ocn_AltisourcePortfolioSolutionsSaMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AccountingPolicyTable" id="ocn_AccountingPolicyTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem"/>
<element name="ReclassificationAxis" id="ocn_ReclassificationAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:dimensionItem"/>
<element name="ReclassificationDomain" id="ocn_ReclassificationDomain" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ReclassificationMember" id="ocn_ReclassificationMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>




<element name="AccountingPolicyLineItems" id="ocn_AccountingPolicyLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ProcessManagementFees" id="ocn_ProcessManagementFees" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="VariableInterestEntitiesAbstract" id="ocn_VariableInterestEntitiesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="VariableInterestEntityNumberOfEntitiesPrimaryBeneficiary" id="ocn_VariableInterestEntityNumberOfEntitiesPrimaryBeneficiary" type="xbrli:integerItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AssetSaleTransactionHMember" id="ocn_AssetSaleTransactionHMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HomeEquityConversionMortgageBackedSecuritiesMember" id="ocn_HomeEquityConversionMortgageBackedSecuritiesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="HomeEquityConversionMortgagesMember" id="ocn_HomeEquityConversionMortgagesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" id="ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionPurchasePriceAllocationAdvancesAcquired" id="ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAcquired" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>

<element name="LibertyHomeEquitySolutionsIncMember" id="ocn_LibertyHomeEquitySolutionsIncMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember" id="ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MasterServicingAgreementsMember" id="ocn_MasterServicingAgreementsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AltisourceMember" id="ocn_AltisourceMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="UnrelatedPartyMember" id="ocn_UnrelatedPartyMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SubserviceMortgageServicingRightsMember" id="ocn_SubserviceMortgageServicingRightsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance" id="ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness" id="ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionSubservicedLoansUnpaidPrincipalBalance" id="ocn_BusinessAcquisitionSubservicedLoansUnpaidPrincipalBalance" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DebtInstrumentNetAdditionalCapitalDeployed" id="ocn_DebtInstrumentNetAdditionalCapitalDeployed" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="NumberOfNewLineOfCreditFacility" id="ocn_NumberOfNewLineOfCreditFacility" type="xbrli:integerItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="NumberOfExistingLineOfCreditFacility" id="ocn_NumberOfExistingLineOfCreditFacility" type="xbrli:integerItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionRepaymentOfOutstandingDebt" id="ocn_BusinessAcquisitionRepaymentOfOutstandingDebt" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="RecognizedGainLossOnChangesInFairValueOfInvestment" id="ocn_RecognizedGainLossOnChangesInFairValueOfInvestment" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BusinessAcquisitionPurchasePriceAllocationResidentialReverseMortgageLoans" id="ocn_BusinessAcquisitionPurchasePriceAllocationResidentialReverseMortgageLoans" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>

<element name="FairValueMethodMember" id="ocn_FairValueMethodMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AssumptionsForValuationOfFinancialInstrumentAxis" id="ocn_AssumptionsForValuationOfFinancialInstrumentAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:dimensionItem"/>
<element name="AssumptionsForValuationOfFinancialInstrumentDomain" id="ocn_AssumptionsForValuationOfFinancialInstrumentDomain" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ComputingCostOfFinancingAdvancesMember" id="ocn_ComputingCostOfFinancingAdvancesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ComputingFloatEarningsMember" id="ocn_ComputingFloatEarningsMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments" id="ocn_NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="FairValueInputsBasisSpreadOnVariableRate" id="ocn_FairValueInputsBasisSpreadOnVariableRate" type="num:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="FairValueInputsDescriptionOfVariableRateBasis" id="ocn_FairValueInputsDescriptionOfVariableRateBasis" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MortgageServicingRightsAcquisitionMember" id="ocn_MortgageServicingRightsAcquisitionMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="CarryingValueOfServicingAssetsSold" id="ocn_CarryingValueOfServicingAssetsSold" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced" id="ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="UnpaidPrincipalBalanceOfLoansAssociatedWithMortgageServicingRightsSold" id="ocn_UnpaidPrincipalBalanceOfLoansAssociatedWithMortgageServicingRightsSold" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OriginationRepresentationAndWarrantyObligations" id="ocn_OriginationRepresentationAndWarrantyObligations" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingAndLendingMember" id="ocn_ServicingAndLendingMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="NonPerformingMortgageLoansReceivableMember" id="ocn_NonPerformingMortgageLoansReceivableMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="NonPerformingMortgageLoansCarryingValue" id="ocn_NonPerformingMortgageLoansCarryingValue" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OptionAxis" id="ocn_OptionAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:dimensionItem"/>
<element name="OptionDomain" id="ocn_OptionDomain" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="Option1Member" id="ocn_Option1Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="Option1BMember" id="ocn_Option1BMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="Option1CMember" id="ocn_Option1CMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="Option2Member" id="ocn_Option2Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="UncommittedLineOfCreditMember" id="ocn_UncommittedLineOfCreditMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DebtInstrumentInterestRateAtIndexFloorRate" id="ocn_DebtInstrumentInterestRateAtIndexFloorRate" type="num:percentItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item"/>
<element name="PercentageOfBeneficialInterestAcquirableOnUnderlyingMortgageLoans" id="ocn_PercentageOfBeneficialInterestAcquirableOnUnderlyingMortgageLoans" type="num:percentItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item"/>
<element name="GainOnRetirementOfFinancingLiability" id="ocn_GainOnRetirementOfFinancingLiability" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="StockholdersEquityTable" id="ocn_StockholdersEquityTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem"/>
<element name="StockholdersEquityLineItems" id="ocn_StockholdersEquityLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="DerivativeForwardExchangeGain" id="ocn_DerivativeForwardExchangeGain" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss" id="ocn_UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OtherBorrowingsTable" id="ocn_OtherBorrowingsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem"/>
<element name="OtherBorrowingsLineItems" id="ocn_OtherBorrowingsLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OwnershipPercentageInPrimarySubsidiariesAxis" id="ocn_OwnershipPercentageInPrimarySubsidiariesAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:dimensionItem"/>
<element name="OwnershipPercentageInPrimarySubsidiariesDomain" id="ocn_OwnershipPercentageInPrimarySubsidiariesDomain" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>

<element name="AltisourceAssetManagementCorporationMember" id="ocn_AltisourceAssetManagementCorporationMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OwnershipPercentageByRelatedParty" id="ocn_OwnershipPercentageByRelatedParty" type="num:percentItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AgreementAxis" id="ocn_AgreementAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:dimensionItem"/>
<element name="AgreementDomain" id="ocn_AgreementDomain" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SeniorUnsecuredTermLoanFacilityAgreementMember" id="ocn_SeniorUnsecuredTermLoanFacilityAgreementMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SeniorUnsecuredTermLoanFacilityMember" id="ocn_SeniorUnsecuredTermLoanFacilityMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ServicingAgreementMember" id="ocn_ServicingAgreementMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="MasterMortgageLoanSaleAgreementMember" id="ocn_MasterMortgageLoanSaleAgreementMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OcwenMortgageServicingIncMember" id="ocn_OcwenMortgageServicingIncMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="AltisourceResidentialLpMember" id="ocn_AltisourceResidentialLpMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="TermOfAgreement" id="ocn_TermOfAgreement" type="xbrli:durationItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SaleOfNonPerformingResidentialMortgageLoan" id="ocn_SaleOfNonPerformingResidentialMortgageLoan" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SpecialRestrictedStockAwardAgreementMember" id="ocn_SpecialRestrictedStockAwardAgreementMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="SpecialEquityIncentivePlan2012Member" id="ocn_SpecialEquityIncentivePlan2012Member" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="PresidentAndChiefExecutiveOfficerAndDirectorMember" id="ocn_PresidentAndChiefExecutiveOfficerAndDirectorMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="WlRossAndCoLlcMember" id="ocn_WlRossAndCoLlcMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="ConversionPriceOfPreferredSharesConvertedIntoCommonStock" id="ocn_ConversionPriceOfPreferredSharesConvertedIntoCommonStock" type="num:perShareItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="CommitmentsAndContingenciesDisclosureTable" id="ocn_CommitmentsAndContingenciesDisclosureTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem"/>
<element name="OcwenLoanServicingLlcMember" id="ocn_OcwenLoanServicingLlcMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="OneWestBankMember" id="ocn_OneWestBankMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="CommitmentsAndContingenciesDisclosureLineItems" id="ocn_CommitmentsAndContingenciesDisclosureLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="TerminationFee" id="ocn_TerminationFee" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item"/>
<element name="BaseFeeAsPercentageOfServicingFees" id="ocn_BaseFeeAsPercentageOfServicingFees" type="num:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>
<element name="IncentiveFeeReductionPercentage" id="ocn_IncentiveFeeReductionPercentage" type="num:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item"/>



<element name="RecognizedLiabilityAdjustmentToInitialPurchasePriceAllocationRelatedToBusinessAcquicistion" id="ocn_RecognizedLiabilityAdjustmentToInitialPurchasePriceAllocationRelatedToBusinessAcquicistion" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="credit"/>

<element name="TransfersOfFinancialAssetsTextBlock" id="ocn_TransfersOfFinancialAssetsTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true"/>
<element name="CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" id="ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="LoansRestrictedForSecuritizationInvestorsFairValue" id="ocn_LoansRestrictedForSecuritizationInvestorsFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="ChangeInFairValueOfMortgageLoansHeldForSale" id="ocn_ChangeInFairValueOfMortgageLoansHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained" id="ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="ServicingAssetAtAmortizedValueMsrsRetained" id="ocn_ServicingAssetAtAmortizedValueMsrsRetained" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="MortgageServicingRightsAtFairValue" id="ocn_MortgageServicingRightsAtFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="FairValueInputsWeightedAverageLife" id="ocn_FairValueInputsWeightedAverageLife" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true"/>
<element name="RepaymentOfMatchFundedLiabilities" id="ocn_RepaymentOfMatchFundedLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="PaymentsToAcquireBusinessesNetOfCashAcquiredTwo" id="ocn_PaymentsToAcquireBusinessesNetOfCashAcquiredTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="NoncashOrPartNoncashAcquisitionCashAcquired" id="ocn_NoncashOrPartNoncashAcquisitionCashAcquired" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true"/>
<element name="PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue" id="ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue" type="num:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true"/>
<element name="AdvancesAndMortgageServicingRightsSold" id="ocn_AdvancesAndMortgageServicingRightsSold" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="ServicingAdvancesSold" id="ocn_ServicingAdvancesSold" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="MortgageServicingRightsSold" id="ocn_MortgageServicingRightsSold" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="MortgageServicingAbstract" id="ocn_MortgageServicingAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="true" nillable="true"/>
<element name="MortgageServicingTextBlock" id="ocn_MortgageServicingTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true"/>
<element name="PostBusinessAcquisitionRevenue" id="ocn_PostBusinessAcquisitionRevenue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="PostAcquisitionNetIncomeLoss" id="ocn_PostAcquisitionNetIncomeLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="ServicingAssetAtFairValueAdditionsTwo" id="ocn_ServicingAssetAtFairValueAdditionsTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="BalanceOfNotesOutstanding" id="ocn_BalanceOfNotesOutstanding" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="BusinessAcquisitionPurchasePriceAllocationMortgageLoansHeldForSale" id="ocn_BusinessAcquisitionPurchasePriceAllocationMortgageLoansHeldForSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" id="ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="MortgageLoansRequiredToBeRepurchased" id="ocn_MortgageLoansRequiredToBeRepurchased" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="PercentageOfJointVentureOwnershipInterestAcquired" id="ocn_PercentageOfJointVentureOwnershipInterestAcquired" type="num:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true"/>

<element name="TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" id="ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities" id="ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="debit"/>
<element name="MortgageBackedSecurityBorrowings" id="ocn_MortgageBackedSecurityBorrowings" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" abstract="false" nillable="true" xbrli:balance="credit"/>
<element name="PrepaidLenderFeesWrittenOffToInterestExpenses" id="ocn_PrepaidLenderFeesWrittenOffToInterestExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" nillable="true" xbrli:balance="debit"/>
</schema>
