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    <link:label id="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_0B74B27787F9B067763FC6C5A49235A8_documentation_en-US" xlink:label="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_0B74B27787F9B067763FC6C5A49235A8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of fees generated during the reporting period for servicing subservicing of assets.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock" xlink:label="loc_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_0B74B27787F9B067763FC6C5A49235A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_0B74B27787F9B067763FC6C5A49235A8" xlink:to="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_0B74B27787F9B067763FC6C5A49235A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpense_C4EE356F2F7B407E57D1DB157B2AEED0_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_C4EE356F2F7B407E57D1DB157B2AEED0" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_us-gaap_InterestExpense_C4EE356F2F7B407E57D1DB157B2AEED0_label_en-US" xlink:label="lab_us-gaap_InterestExpense_C4EE356F2F7B407E57D1DB157B2AEED0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_C4EE356F2F7B407E57D1DB157B2AEED0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_C4EE356F2F7B407E57D1DB157B2AEED0" xlink:to="lab_us-gaap_InterestExpense_C4EE356F2F7B407E57D1DB157B2AEED0" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_D567B571E5088FA72D05DB157B2A0D5D_terseLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_D567B571E5088FA72D05DB157B2A0D5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total other expense, net</link:label>
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_D567B571E5088FA72D05DB157B2A0D5D_label_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_D567B571E5088FA72D05DB157B2A0D5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonoperating Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_D567B571E5088FA72D05DB157B2A0D5D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_D567B571E5088FA72D05DB157B2A0D5D" xlink:to="lab_us-gaap_NonoperatingIncomeExpense_D567B571E5088FA72D05DB157B2A0D5D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_B48B0AFC062FA0D51016DB157B2AED3D_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_B48B0AFC062FA0D51016DB157B2AED3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income before income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_B48B0AFC062FA0D51016DB157B2AED3D_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_B48B0AFC062FA0D51016DB157B2AED3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_B48B0AFC062FA0D51016DB157B2AED3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_B48B0AFC062FA0D51016DB157B2AED3D" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_B48B0AFC062FA0D51016DB157B2AED3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_556C7192F4CD7076B0BBDB157B2AF77A_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_556C7192F4CD7076B0BBDB157B2AF77A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax expense</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_556C7192F4CD7076B0BBDB157B2AF77A_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_556C7192F4CD7076B0BBDB157B2AF77A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_556C7192F4CD7076B0BBDB157B2AF77A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetIncomeLoss_87862FC32236AE7E0F9DDB157B2AB675_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_87862FC32236AE7E0F9DDB157B2AB675" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to Ocwen stockholders</link:label>
    <link:label id="lab_us-gaap_NetIncomeLoss_87862FC32236AE7E0F9DDB157B2AB675_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_87862FC32236AE7E0F9DDB157B2AB675" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_87862FC32236AE7E0F9DDB157B2AB675" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_87862FC32236AE7E0F9DDB157B2AB675" xlink:to="lab_us-gaap_NetIncomeLoss_87862FC32236AE7E0F9DDB157B2AB675" xlink:type="arc" />
    <link:label id="lab_ocn_BasicEarningsPerShareAbstract_F37DCD5DCDA6720EEBA5DB157B2AE00D_terseLabel_en-US" xlink:label="lab_ocn_BasicEarningsPerShareAbstract_F37DCD5DCDA6720EEBA5DB157B2AE00D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share attributable to Ocwen common stockholders</link:label>
    <link:label id="lab_ocn_BasicEarningsPerShareAbstract_F37DCD5DCDA6720EEBA5DB157B2AE00D_label_en-US" xlink:label="lab_ocn_BasicEarningsPerShareAbstract_F37DCD5DCDA6720EEBA5DB157B2AE00D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic earnings per share [Abstract]</link:label>
    <link:label id="lab_ocn_BasicEarningsPerShareAbstract_F37DCD5DCDA6720EEBA5DB157B2AE00D_documentation_en-US" xlink:label="lab_ocn_BasicEarningsPerShareAbstract_F37DCD5DCDA6720EEBA5DB157B2AE00D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_BasicEarningsPerShareAbstract" xlink:label="loc_ocn_BasicEarningsPerShareAbstract_F37DCD5DCDA6720EEBA5DB157B2AE00D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BasicEarningsPerShareAbstract_F37DCD5DCDA6720EEBA5DB157B2AE00D" xlink:to="lab_ocn_BasicEarningsPerShareAbstract_F37DCD5DCDA6720EEBA5DB157B2AE00D" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingAbstract_EF5C0C5351C2FAFDA6F0DACB8E72A86B_label_en-US" xlink:label="lab_us-gaap_SegmentReportingAbstract_EF5C0C5351C2FAFDA6F0DACB8E72A86B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="loc_us-gaap_SegmentReportingAbstract_EF5C0C5351C2FAFDA6F0DACB8E72A86B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingAbstract_EF5C0C5351C2FAFDA6F0DACB8E72A86B" xlink:to="lab_us-gaap_SegmentReportingAbstract_EF5C0C5351C2FAFDA6F0DACB8E72A86B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_1AFAD6BF0CC6EB1EC857DACB8E722879_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_1AFAD6BF0CC6EB1EC857DACB8E722879" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_1AFAD6BF0CC6EB1EC857DACB8E722879_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_1AFAD6BF0CC6EB1EC857DACB8E722879" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_1AFAD6BF0CC6EB1EC857DACB8E722879" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_4484F62D7F46B3C5F7D4DACB8E725EF4_terseLabel_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_4484F62D7F46B3C5F7D4DACB8E725EF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_4484F62D7F46B3C5F7D4DACB8E725EF4_label_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_4484F62D7F46B3C5F7D4DACB8E725EF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Axis]</link:label>
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    <link:label id="lab_us-gaap_SegmentDomain_B401763AA198AF918439DACB8E72B557_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentDomain_B401763AA198AF918439DACB8E72B557" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [Domain]</link:label>
    <link:label id="lab_us-gaap_SegmentDomain_B401763AA198AF918439DACB8E72B557_label_en-US" xlink:label="lab_us-gaap_SegmentDomain_B401763AA198AF918439DACB8E72B557" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_B401763AA198AF918439DACB8E72B557" xlink:type="locator" />
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    <link:label id="lab_ocn_ServicingMember_BEA22C7D4120F8410BADDACB8E72410A_terseLabel_en-US" xlink:label="lab_ocn_ServicingMember_BEA22C7D4120F8410BADDACB8E72410A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing [Member]</link:label>
    <link:label id="lab_ocn_ServicingMember_BEA22C7D4120F8410BADDACB8E72410A_label_en-US" xlink:label="lab_ocn_ServicingMember_BEA22C7D4120F8410BADDACB8E72410A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing [Member]</link:label>
    <link:label id="lab_ocn_ServicingMember_BEA22C7D4120F8410BADDACB8E72410A_documentation_en-US" xlink:label="lab_ocn_ServicingMember_BEA22C7D4120F8410BADDACB8E72410A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans serviced on behalf of others.</link:label>
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    <link:label id="lab_ocn_LendingMember_5E0D63D090E3566F14C3DACB8E72A498_terseLabel_en-US" xlink:label="lab_ocn_LendingMember_5E0D63D090E3566F14C3DACB8E72A498" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lending [Member]</link:label>
    <link:label id="lab_ocn_LendingMember_5E0D63D090E3566F14C3DACB8E72A498_label_en-US" xlink:label="lab_ocn_LendingMember_5E0D63D090E3566F14C3DACB8E72A498" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lending [Member]</link:label>
    <link:label id="lab_ocn_LendingMember_5E0D63D090E3566F14C3DACB8E72A498_documentation_en-US" xlink:label="lab_ocn_LendingMember_5E0D63D090E3566F14C3DACB8E72A498" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Lending segment is focused on originating and purchasing agency-conforming residential mortgage loans mainly through correspondent lending business.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_LendingMember" xlink:label="loc_ocn_LendingMember_5E0D63D090E3566F14C3DACB8E72A498" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LendingMember_5E0D63D090E3566F14C3DACB8E72A498" xlink:to="lab_ocn_LendingMember_5E0D63D090E3566F14C3DACB8E72A498" xlink:type="arc" />
    <link:label id="lab_ocn_CorporateItemsAndOtherMember_437583642A97B6E98102DACB8E720156_terseLabel_en-US" xlink:label="lab_ocn_CorporateItemsAndOtherMember_437583642A97B6E98102DACB8E720156" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Items and Other [Member]</link:label>
    <link:label id="lab_ocn_CorporateItemsAndOtherMember_437583642A97B6E98102DACB8E720156_label_en-US" xlink:label="lab_ocn_CorporateItemsAndOtherMember_437583642A97B6E98102DACB8E720156" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Items And Other [Member]</link:label>
    <link:label id="lab_ocn_CorporateItemsAndOtherMember_437583642A97B6E98102DACB8E720156_documentation_en-US" xlink:label="lab_ocn_CorporateItemsAndOtherMember_437583642A97B6E98102DACB8E720156" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_CorporateItemsAndOtherMember" xlink:label="loc_ocn_CorporateItemsAndOtherMember_437583642A97B6E98102DACB8E720156" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IntersegmentEliminationMember_2DFDA872613FF10AA0D1DACB8E7204F9_label_en-US" xlink:label="lab_us-gaap_IntersegmentEliminationMember_2DFDA872613FF10AA0D1DACB8E7204F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intersegment Eliminations [Member]</link:label>
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    <link:label id="lab_ocn_BusinessSegmentsConsolidatedMember_8B845CE8547961C1B058DACB8E724EFF_label_en-US" xlink:label="lab_ocn_BusinessSegmentsConsolidatedMember_8B845CE8547961C1B058DACB8E724EFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Segments Consolidated [Member]</link:label>
    <link:label id="lab_ocn_BusinessSegmentsConsolidatedMember_8B845CE8547961C1B058DACB8E724EFF_documentation_en-US" xlink:label="lab_ocn_BusinessSegmentsConsolidatedMember_8B845CE8547961C1B058DACB8E724EFF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Aggregate of business segments.</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessSegmentsConsolidatedMember_8B845CE8547961C1B058DACB8E724EFF" xlink:to="lab_ocn_BusinessSegmentsConsolidatedMember_8B845CE8547961C1B058DACB8E724EFF" xlink:type="arc" />
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    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_59C13D4CE7E1CA6A7EE6DACB8E726F21_label_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_59C13D4CE7E1CA6A7EE6DACB8E726F21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
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    <link:label id="lab_us-gaap_OperatingExpenses_4DC132DD2E719870ACB2DACB8E7241E1_label_en-US" xlink:label="lab_us-gaap_OperatingExpenses_4DC132DD2E719870ACB2DACB8E7241E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses</link:label>
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    <link:label id="lab_ocn_MasterRepurchaseAgreementMember_C52ABBB70AFF5295AA60DACB8EC54FCC_label_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementMember_C52ABBB70AFF5295AA60DACB8EC54FCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Master Repurchase Agreement [Member]</link:label>
    <link:label id="lab_ocn_MasterRepurchaseAgreementMember_C52ABBB70AFF5295AA60DACB8EC54FCC_documentation_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementMember_C52ABBB70AFF5295AA60DACB8EC54FCC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents master repurchase agreement.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MasterRepurchaseAgreementMember" xlink:label="loc_ocn_MasterRepurchaseAgreementMember_C52ABBB70AFF5295AA60DACB8EC54FCC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MasterRepurchaseAgreementMember_C52ABBB70AFF5295AA60DACB8EC54FCC" xlink:to="lab_ocn_MasterRepurchaseAgreementMember_C52ABBB70AFF5295AA60DACB8EC54FCC" xlink:type="arc" />
    <link:label id="lab_ocn_ParticipationAgreementMember_14173E216667106A7ED8DACB8EC53905_terseLabel_en-US" xlink:label="lab_ocn_ParticipationAgreementMember_14173E216667106A7ED8DACB8EC53905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Participation Agreement [Member]</link:label>
    <link:label id="lab_ocn_ParticipationAgreementMember_14173E216667106A7ED8DACB8EC53905_label_en-US" xlink:label="lab_ocn_ParticipationAgreementMember_14173E216667106A7ED8DACB8EC53905" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Participation Agreement [Member]</link:label>
    <link:label id="lab_ocn_ParticipationAgreementMember_14173E216667106A7ED8DACB8EC53905_documentation_en-US" xlink:label="lab_ocn_ParticipationAgreementMember_14173E216667106A7ED8DACB8EC53905" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents participation agreement.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ParticipationAgreementMember" xlink:label="loc_ocn_ParticipationAgreementMember_14173E216667106A7ED8DACB8EC53905" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ParticipationAgreementMember_14173E216667106A7ED8DACB8EC53905" xlink:to="lab_ocn_ParticipationAgreementMember_14173E216667106A7ED8DACB8EC53905" xlink:type="arc" />
    <link:label id="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_2C0B4A289EE1D570A653DACB8EC59E54_terseLabel_en-US" xlink:label="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_2C0B4A289EE1D570A653DACB8EC59E54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities Sold Under Agreement To Repurchase [Member]</link:label>
    <link:label id="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_2C0B4A289EE1D570A653DACB8EC59E54_label_en-US" xlink:label="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_2C0B4A289EE1D570A653DACB8EC59E54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Sold Under Agreement To Repurchase [Member]</link:label>
    <link:label id="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_2C0B4A289EE1D570A653DACB8EC59E54_documentation_en-US" xlink:label="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_2C0B4A289EE1D570A653DACB8EC59E54" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Specific secured line of credit.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_SecuritiesSoldUnderAgreementToRepurchaseMember" xlink:label="loc_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_2C0B4A289EE1D570A653DACB8EC59E54" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_2C0B4A289EE1D570A653DACB8EC59E54" xlink:to="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_2C0B4A289EE1D570A653DACB8EC59E54" xlink:type="arc" />
    <link:label id="lab_ocn_TotalServicingLinesOfCreditMember_17D4A3FC3663911E147EDACB8EC5E254_terseLabel_en-US" xlink:label="lab_ocn_TotalServicingLinesOfCreditMember_17D4A3FC3663911E147EDACB8EC5E254" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Servicing Lines Of Credit [Member]</link:label>
    <link:label id="lab_ocn_TotalServicingLinesOfCreditMember_17D4A3FC3663911E147EDACB8EC5E254_label_en-US" xlink:label="lab_ocn_TotalServicingLinesOfCreditMember_17D4A3FC3663911E147EDACB8EC5E254" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Servicing Lines Of Credit [Member]</link:label>
    <link:label id="lab_ocn_TotalServicingLinesOfCreditMember_17D4A3FC3663911E147EDACB8EC5E254_documentation_en-US" xlink:label="lab_ocn_TotalServicingLinesOfCreditMember_17D4A3FC3663911E147EDACB8EC5E254" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total amount of servicing lines of credit.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_TotalServicingLinesOfCreditMember" xlink:label="loc_ocn_TotalServicingLinesOfCreditMember_17D4A3FC3663911E147EDACB8EC5E254" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TotalServicingLinesOfCreditMember_17D4A3FC3663911E147EDACB8EC5E254" xlink:to="lab_ocn_TotalServicingLinesOfCreditMember_17D4A3FC3663911E147EDACB8EC5E254" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_1D4DF857613AF76D915BDACB8EC59C57_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_1D4DF857613AF76D915BDACB8EC59C57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities or Other Assets Sold under Agreements to Repurchase, Maturity Periods [Axis]</link:label>
    <link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_1D4DF857613AF76D915BDACB8EC59C57_label_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_1D4DF857613AF76D915BDACB8EC59C57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities or Other Assets Sold under Agreements to Repurchase, Maturity Periods [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis" xlink:label="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_1D4DF857613AF76D915BDACB8EC59C57" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_1D4DF857613AF76D915BDACB8EC59C57" xlink:to="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_1D4DF857613AF76D915BDACB8EC59C57" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_7B3C4812C91170B86199DACB8EC5612F_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_7B3C4812C91170B86199DACB8EC5612F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets Sold under Agreements to Repurchase, Maturity Period [Domain]</link:label>
    <link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_7B3C4812C91170B86199DACB8EC5612F_label_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_7B3C4812C91170B86199DACB8EC5612F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Sold under Agreements to Repurchase, Maturity Period [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain" xlink:label="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_7B3C4812C91170B86199DACB8EC5612F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_7B3C4812C91170B86199DACB8EC5612F" xlink:to="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_7B3C4812C91170B86199DACB8EC5612F" xlink:type="arc" />
    <link:label id="lab_ocn_April2014MemberMember_C767BE24DBC61EAD6976DACB8EC5EE15_terseLabel_en-US" xlink:label="lab_ocn_April2014MemberMember_C767BE24DBC61EAD6976DACB8EC5EE15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">April 2014 [Member]</link:label>
    <link:label id="lab_ocn_April2014MemberMember_C767BE24DBC61EAD6976DACB8EC5EE15_label_en-US" xlink:label="lab_ocn_April2014MemberMember_C767BE24DBC61EAD6976DACB8EC5EE15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">April 2014 [Member] [Member]</link:label>
    <link:label id="lab_ocn_April2014MemberMember_C767BE24DBC61EAD6976DACB8EC5EE15_documentation_en-US" xlink:label="lab_ocn_April2014MemberMember_C767BE24DBC61EAD6976DACB8EC5EE15" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">April 2014 [Member] [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_April2014MemberMember" xlink:label="loc_ocn_April2014MemberMember_C767BE24DBC61EAD6976DACB8EC5EE15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_April2014MemberMember_C767BE24DBC61EAD6976DACB8EC5EE15" xlink:to="lab_ocn_April2014MemberMember_C767BE24DBC61EAD6976DACB8EC5EE15" xlink:type="arc" />
    <link:label id="lab_ocn_July20141Member_AFB7C0083C9BA4D2EA58DACB8EC653B3_terseLabel_en-US" xlink:label="lab_ocn_July20141Member_AFB7C0083C9BA4D2EA58DACB8EC653B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">July 2014 - 1 [Member]</link:label>
    <link:label id="lab_ocn_July20141Member_AFB7C0083C9BA4D2EA58DACB8EC653B3_label_en-US" xlink:label="lab_ocn_July20141Member_AFB7C0083C9BA4D2EA58DACB8EC653B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">July 2014 - 1 [Member]</link:label>
    <link:label id="lab_ocn_July20141Member_AFB7C0083C9BA4D2EA58DACB8EC653B3_documentation_en-US" xlink:label="lab_ocn_July20141Member_AFB7C0083C9BA4D2EA58DACB8EC653B3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">July 2014 - 1 [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_July20141Member" xlink:label="loc_ocn_July20141Member_AFB7C0083C9BA4D2EA58DACB8EC653B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_July20141Member_AFB7C0083C9BA4D2EA58DACB8EC653B3" xlink:to="lab_ocn_July20141Member_AFB7C0083C9BA4D2EA58DACB8EC653B3" xlink:type="arc" />
    <link:label id="lab_ocn_September2014Member_8FF876032EC5FD85161CDACB8EC67B7B_terseLabel_en-US" xlink:label="lab_ocn_September2014Member_8FF876032EC5FD85161CDACB8EC67B7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">September 2014 [Member]</link:label>
    <link:label id="lab_ocn_September2014Member_8FF876032EC5FD85161CDACB8EC67B7B_label_en-US" xlink:label="lab_ocn_September2014Member_8FF876032EC5FD85161CDACB8EC67B7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">September 2014 [Member]</link:label>
    <link:label id="lab_ocn_September2014Member_8FF876032EC5FD85161CDACB8EC67B7B_documentation_en-US" xlink:label="lab_ocn_September2014Member_8FF876032EC5FD85161CDACB8EC67B7B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents maturity date.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_September2014Member" xlink:label="loc_ocn_September2014Member_8FF876032EC5FD85161CDACB8EC67B7B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_September2014Member_8FF876032EC5FD85161CDACB8EC67B7B" xlink:to="lab_ocn_September2014Member_8FF876032EC5FD85161CDACB8EC67B7B" xlink:type="arc" />
    <link:label id="lab_ocn_July20142Member_19B5FAAD44D047A19317DACB8EC62425_terseLabel_en-US" xlink:label="lab_ocn_July20142Member_19B5FAAD44D047A19317DACB8EC62425" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">July 2014 - 2 [Member]</link:label>
    <link:label id="lab_ocn_July20142Member_19B5FAAD44D047A19317DACB8EC62425_label_en-US" xlink:label="lab_ocn_July20142Member_19B5FAAD44D047A19317DACB8EC62425" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">July 2014 - 2 [Member]</link:label>
    <link:label id="lab_ocn_July20142Member_19B5FAAD44D047A19317DACB8EC62425_documentation_en-US" xlink:label="lab_ocn_July20142Member_19B5FAAD44D047A19317DACB8EC62425" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">July 2014 - 2 [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_July20142Member" xlink:label="loc_ocn_July20142Member_19B5FAAD44D047A19317DACB8EC62425" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_July20142Member_19B5FAAD44D047A19317DACB8EC62425" xlink:to="lab_ocn_July20142Member_19B5FAAD44D047A19317DACB8EC62425" xlink:type="arc" />
    <link:label id="lab_ocn_July20143Member_3A1B5E98E3F45AA19366DACB8EC65C35_terseLabel_en-US" xlink:label="lab_ocn_July20143Member_3A1B5E98E3F45AA19366DACB8EC65C35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">July 2014 - 3 [Member]</link:label>
    <link:label id="lab_ocn_July20143Member_3A1B5E98E3F45AA19366DACB8EC65C35_label_en-US" xlink:label="lab_ocn_July20143Member_3A1B5E98E3F45AA19366DACB8EC65C35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">July 2014 - 3 [Member]</link:label>
    <link:label id="lab_ocn_July20143Member_3A1B5E98E3F45AA19366DACB8EC65C35_documentation_en-US" xlink:label="lab_ocn_July20143Member_3A1B5E98E3F45AA19366DACB8EC65C35" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">July 2014 - 3 [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_July20143Member" xlink:label="loc_ocn_July20143Member_3A1B5E98E3F45AA19366DACB8EC65C35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_July20143Member_3A1B5E98E3F45AA19366DACB8EC65C35" xlink:to="lab_ocn_July20143Member_3A1B5E98E3F45AA19366DACB8EC65C35" xlink:type="arc" />
    <link:label id="lab_ocn_OptionAxis_7AAE8FF6F236B5EC2D0CDACB8EC6FF1A_terseLabel_en-US" xlink:label="lab_ocn_OptionAxis_7AAE8FF6F236B5EC2D0CDACB8EC6FF1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option [Axis]</link:label>
    <link:label id="lab_ocn_OptionAxis_7AAE8FF6F236B5EC2D0CDACB8EC6FF1A_label_en-US" xlink:label="lab_ocn_OptionAxis_7AAE8FF6F236B5EC2D0CDACB8EC6FF1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option [Axis]</link:label>
    <link:label id="lab_ocn_OptionAxis_7AAE8FF6F236B5EC2D0CDACB8EC6FF1A_documentation_en-US" xlink:label="lab_ocn_OptionAxis_7AAE8FF6F236B5EC2D0CDACB8EC6FF1A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information by type of options.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_OptionAxis" xlink:label="loc_ocn_OptionAxis_7AAE8FF6F236B5EC2D0CDACB8EC6FF1A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OptionAxis_7AAE8FF6F236B5EC2D0CDACB8EC6FF1A" xlink:to="lab_ocn_OptionAxis_7AAE8FF6F236B5EC2D0CDACB8EC6FF1A" xlink:type="arc" />
    <link:label id="lab_ocn_OptionDomain_5695F1623E4854992941DACB8EC647F8_terseLabel_en-US" xlink:label="lab_ocn_OptionDomain_5695F1623E4854992941DACB8EC647F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option [Domain]</link:label>
    <link:label id="lab_ocn_OptionDomain_5695F1623E4854992941DACB8EC647F8_label_en-US" xlink:label="lab_ocn_OptionDomain_5695F1623E4854992941DACB8EC647F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option [Domain]</link:label>
    <link:label id="lab_ocn_OptionDomain_5695F1623E4854992941DACB8EC647F8_documentation_en-US" xlink:label="lab_ocn_OptionDomain_5695F1623E4854992941DACB8EC647F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Type of options.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_OptionDomain" xlink:label="loc_ocn_OptionDomain_5695F1623E4854992941DACB8EC647F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OptionDomain_5695F1623E4854992941DACB8EC647F8" xlink:to="lab_ocn_OptionDomain_5695F1623E4854992941DACB8EC647F8" xlink:type="arc" />
    <link:label id="lab_ocn_Option1Member_E18D3FBAB22364B52813DACB8EC6F47B_terseLabel_en-US" xlink:label="lab_ocn_Option1Member_E18D3FBAB22364B52813DACB8EC6F47B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option 1 [Member]</link:label>
    <link:label id="lab_ocn_Option1Member_E18D3FBAB22364B52813DACB8EC6F47B_label_en-US" xlink:label="lab_ocn_Option1Member_E18D3FBAB22364B52813DACB8EC6F47B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option 1 [Member]</link:label>
    <link:label id="lab_ocn_Option1Member_E18D3FBAB22364B52813DACB8EC6F47B_documentation_en-US" xlink:label="lab_ocn_Option1Member_E18D3FBAB22364B52813DACB8EC6F47B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the option 1 A.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_Option1Member" xlink:label="loc_ocn_Option1Member_E18D3FBAB22364B52813DACB8EC6F47B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option1Member_E18D3FBAB22364B52813DACB8EC6F47B" xlink:to="lab_ocn_Option1Member_E18D3FBAB22364B52813DACB8EC6F47B" xlink:type="arc" />
    <link:label id="lab_ocn_Option1BMember_ACA15519F0E8B0BCF88EDACB8EC66342_terseLabel_en-US" xlink:label="lab_ocn_Option1BMember_ACA15519F0E8B0BCF88EDACB8EC66342" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option 1 B [Member]</link:label>
    <link:label id="lab_ocn_Option1BMember_ACA15519F0E8B0BCF88EDACB8EC66342_label_en-US" xlink:label="lab_ocn_Option1BMember_ACA15519F0E8B0BCF88EDACB8EC66342" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option 1 B [Member]</link:label>
    <link:label id="lab_ocn_Option1BMember_ACA15519F0E8B0BCF88EDACB8EC66342_documentation_en-US" xlink:label="lab_ocn_Option1BMember_ACA15519F0E8B0BCF88EDACB8EC66342" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the option 1 B.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_Option1BMember" xlink:label="loc_ocn_Option1BMember_ACA15519F0E8B0BCF88EDACB8EC66342" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option1BMember_ACA15519F0E8B0BCF88EDACB8EC66342" xlink:to="lab_ocn_Option1BMember_ACA15519F0E8B0BCF88EDACB8EC66342" xlink:type="arc" />
    <link:label id="lab_ocn_Option1CMember_FA5C2EBF9EC49D73E037DACB8EC604FB_terseLabel_en-US" xlink:label="lab_ocn_Option1CMember_FA5C2EBF9EC49D73E037DACB8EC604FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option 1 C [Member]</link:label>
    <link:label id="lab_ocn_Option1CMember_FA5C2EBF9EC49D73E037DACB8EC604FB_label_en-US" xlink:label="lab_ocn_Option1CMember_FA5C2EBF9EC49D73E037DACB8EC604FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option 1 C [Member]</link:label>
    <link:label id="lab_ocn_Option1CMember_FA5C2EBF9EC49D73E037DACB8EC604FB_documentation_en-US" xlink:label="lab_ocn_Option1CMember_FA5C2EBF9EC49D73E037DACB8EC604FB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the option 1 C.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_Option1CMember" xlink:label="loc_ocn_Option1CMember_FA5C2EBF9EC49D73E037DACB8EC604FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option1CMember_FA5C2EBF9EC49D73E037DACB8EC604FB" xlink:to="lab_ocn_Option1CMember_FA5C2EBF9EC49D73E037DACB8EC604FB" xlink:type="arc" />
    <link:label id="lab_ocn_Option2Member_8E018AF7D3CA31EF4370DACB8EC620E7_terseLabel_en-US" xlink:label="lab_ocn_Option2Member_8E018AF7D3CA31EF4370DACB8EC620E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option 2 [Member]</link:label>
    <link:label id="lab_ocn_Option2Member_8E018AF7D3CA31EF4370DACB8EC620E7_label_en-US" xlink:label="lab_ocn_Option2Member_8E018AF7D3CA31EF4370DACB8EC620E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option 2 [Member]</link:label>
    <link:label id="lab_ocn_Option2Member_8E018AF7D3CA31EF4370DACB8EC620E7_documentation_en-US" xlink:label="lab_ocn_Option2Member_8E018AF7D3CA31EF4370DACB8EC620E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the option 2.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_Option2Member" xlink:label="loc_ocn_Option2Member_8E018AF7D3CA31EF4370DACB8EC620E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option2Member_8E018AF7D3CA31EF4370DACB8EC620E7" xlink:to="lab_ocn_Option2Member_8E018AF7D3CA31EF4370DACB8EC620E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeAxis_76F509138DBE7C17044ADACB8EC6F64B_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_76F509138DBE7C17044ADACB8EC6F64B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_us-gaap_RangeAxis_76F509138DBE7C17044ADACB8EC6F64B_label_en-US" xlink:label="lab_us-gaap_RangeAxis_76F509138DBE7C17044ADACB8EC6F64B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_76F509138DBE7C17044ADACB8EC6F64B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_76F509138DBE7C17044ADACB8EC6F64B" xlink:to="lab_us-gaap_RangeAxis_76F509138DBE7C17044ADACB8EC6F64B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeMember_688BCEAF4DA77D581F22DACB8EC694A1_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_688BCEAF4DA77D581F22DACB8EC694A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:label id="lab_us-gaap_RangeMember_688BCEAF4DA77D581F22DACB8EC694A1_label_en-US" xlink:label="lab_us-gaap_RangeMember_688BCEAF4DA77D581F22DACB8EC694A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_688BCEAF4DA77D581F22DACB8EC694A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_688BCEAF4DA77D581F22DACB8EC694A1" xlink:to="lab_us-gaap_RangeMember_688BCEAF4DA77D581F22DACB8EC694A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinimumMember_25EA44D39457F5FFB3BCDACB8EC6EF32_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_25EA44D39457F5FFB3BCDACB8EC6EF32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:label id="lab_us-gaap_MinimumMember_25EA44D39457F5FFB3BCDACB8EC6EF32_label_en-US" xlink:label="lab_us-gaap_MinimumMember_25EA44D39457F5FFB3BCDACB8EC6EF32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_25EA44D39457F5FFB3BCDACB8EC6EF32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_25EA44D39457F5FFB3BCDACB8EC6EF32" xlink:to="lab_us-gaap_MinimumMember_25EA44D39457F5FFB3BCDACB8EC6EF32" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaximumMember_A1C71D42416AB22ED1CCDACB8EC6FDF0_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_A1C71D42416AB22ED1CCDACB8EC6FDF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:label id="lab_us-gaap_MaximumMember_A1C71D42416AB22ED1CCDACB8EC6FDF0_label_en-US" xlink:label="lab_us-gaap_MaximumMember_A1C71D42416AB22ED1CCDACB8EC6FDF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_A1C71D42416AB22ED1CCDACB8EC6FDF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_A1C71D42416AB22ED1CCDACB8EC6FDF0" xlink:to="lab_us-gaap_MaximumMember_A1C71D42416AB22ED1CCDACB8EC6FDF0" xlink:type="arc" />
    <link:label id="lab_ocn_BorrowingsAxis_4417F9DDB290E85C14CDDACB8EC62BB1_terseLabel_en-US" xlink:label="lab_ocn_BorrowingsAxis_4417F9DDB290E85C14CDDACB8EC62BB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings [Axis]</link:label>
    <link:label id="lab_ocn_BorrowingsAxis_4417F9DDB290E85C14CDDACB8EC62BB1_label_en-US" xlink:label="lab_ocn_BorrowingsAxis_4417F9DDB290E85C14CDDACB8EC62BB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings [Axis]</link:label>
    <link:label id="lab_ocn_BorrowingsAxis_4417F9DDB290E85C14CDDACB8EC62BB1_documentation_en-US" xlink:label="lab_ocn_BorrowingsAxis_4417F9DDB290E85C14CDDACB8EC62BB1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_BorrowingsAxis" xlink:label="loc_ocn_BorrowingsAxis_4417F9DDB290E85C14CDDACB8EC62BB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BorrowingsAxis_4417F9DDB290E85C14CDDACB8EC62BB1" xlink:to="lab_ocn_BorrowingsAxis_4417F9DDB290E85C14CDDACB8EC62BB1" xlink:type="arc" />
    <link:label id="lab_ocn_BorrowingsDomain_EF825A299D6FA65BEB1DDACB8EC6E6A4_terseLabel_en-US" xlink:label="lab_ocn_BorrowingsDomain_EF825A299D6FA65BEB1DDACB8EC6E6A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings [Domain]</link:label>
    <link:label id="lab_ocn_BorrowingsDomain_EF825A299D6FA65BEB1DDACB8EC6E6A4_label_en-US" xlink:label="lab_ocn_BorrowingsDomain_EF825A299D6FA65BEB1DDACB8EC6E6A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings [Domain]</link:label>
    <link:label id="lab_ocn_BorrowingsDomain_EF825A299D6FA65BEB1DDACB8EC6E6A4_documentation_en-US" xlink:label="lab_ocn_BorrowingsDomain_EF825A299D6FA65BEB1DDACB8EC6E6A4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_BorrowingsDomain" xlink:label="loc_ocn_BorrowingsDomain_EF825A299D6FA65BEB1DDACB8EC6E6A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BorrowingsDomain_EF825A299D6FA65BEB1DDACB8EC6E6A4" xlink:to="lab_ocn_BorrowingsDomain_EF825A299D6FA65BEB1DDACB8EC6E6A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityLineItems_8CA146CC4630339D3C9DDACB8EC7DAD0_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_8CA146CC4630339D3C9DDACB8EC7DAD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Line Items]</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityLineItems_8CA146CC4630339D3C9DDACB8EC7DAD0_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_8CA146CC4630339D3C9DDACB8EC7DAD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="loc_us-gaap_LineOfCreditFacilityLineItems_8CA146CC4630339D3C9DDACB8EC7DAD0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_8CA146CC4630339D3C9DDACB8EC7DAD0" xlink:to="lab_us-gaap_LineOfCreditFacilityLineItems_8CA146CC4630339D3C9DDACB8EC7DAD0" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_2A61DC446ACF424DB26DDACB8EC7CEEC_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_2A61DC446ACF424DB26DDACB8EC7CEEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unused Borrowing Capacity, Amount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_2A61DC446ACF424DB26DDACB8EC7CEEC_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_2A61DC446ACF424DB26DDACB8EC7CEEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unused Borrowing Capacity, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:label="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_2A61DC446ACF424DB26DDACB8EC7CEEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_2A61DC446ACF424DB26DDACB8EC7CEEC" xlink:to="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_2A61DC446ACF424DB26DDACB8EC7CEEC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_021F09D7E1B0C3199305DACB8EC7ADE8_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_021F09D7E1B0C3199305DACB8EC7ADE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing liabilities</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_021F09D7E1B0C3199305DACB8EC7ADE8_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_021F09D7E1B0C3199305DACB8EC7ADE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_021F09D7E1B0C3199305DACB8EC7ADE8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_021F09D7E1B0C3199305DACB8EC7ADE8" xlink:to="lab_us-gaap_DebtInstrumentCarryingAmount_021F09D7E1B0C3199305DACB8EC7ADE8" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_8E731D2936A1DE862095DACB8EC75E05_negatedLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount_8E731D2936A1DE862095DACB8EC75E05" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Discount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_8E731D2936A1DE862095DACB8EC75E05_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount_8E731D2936A1DE862095DACB8EC75E05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Discount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedDiscount_8E731D2936A1DE862095DACB8EC75E05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnamortizedDiscount_8E731D2936A1DE862095DACB8EC75E05" xlink:to="lab_us-gaap_DebtInstrumentUnamortizedDiscount_8E731D2936A1DE862095DACB8EC75E05" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_286F2DDEFE9D13C0A768DACB8EC740DA_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_286F2DDEFE9D13C0A768DACB8EC740DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:label id="lab_us-gaap_LongTermDebt_286F2DDEFE9D13C0A768DACB8EC740DA_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_286F2DDEFE9D13C0A768DACB8EC740DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_286F2DDEFE9D13C0A768DACB8EC740DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_286F2DDEFE9D13C0A768DACB8EC740DA" xlink:to="lab_us-gaap_LongTermDebt_286F2DDEFE9D13C0A768DACB8EC740DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_E424829D31AA92114C9EDACB8EC77E95_terseLabel_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_E424829D31AA92114C9EDACB8EC77E95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt, Weighted Average Interest Rate</link:label>
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    <link:label id="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_F17EEAF346A10924EBE9C6C5A0B91EAE_terseLabel_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_F17EEAF346A10924EBE9C6C5A0B91EAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Warranty Repurchase Demands Number Of Loans</link:label>
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_F17EEAF346A10924EBE9C6C5A0B91EAE_label_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_F17EEAF346A10924EBE9C6C5A0B91EAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Warranty Repurchase Demands Number Of Loans</link:label>
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_F17EEAF346A10924EBE9C6C5A0B91EAE_documentation_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_F17EEAF346A10924EBE9C6C5A0B91EAE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of loans related to outstanding representation and warranty repurchase demands as of the end of the period.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_WarrantyRepurchaseDemandsNumberOfLoans" xlink:label="loc_ocn_WarrantyRepurchaseDemandsNumberOfLoans_F17EEAF346A10924EBE9C6C5A0B91EAE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_WarrantyRepurchaseDemandsNumberOfLoans_F17EEAF346A10924EBE9C6C5A0B91EAE" xlink:to="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_F17EEAF346A10924EBE9C6C5A0B91EAE" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_46344DC1D4BF332B9E19C6C5A434503A_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_46344DC1D4BF332B9E19C6C5A434503A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Match Funded Liabilities</link:label>
    <link:label id="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_46344DC1D4BF332B9E19C6C5A434503A_label_en-US" xlink:label="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_46344DC1D4BF332B9E19C6C5A434503A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Match Funded Liabilities [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_46344DC1D4BF332B9E19C6C5A434503A_documentation_en-US" xlink:label="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_46344DC1D4BF332B9E19C6C5A434503A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Match Funded Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" xlink:label="loc_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_46344DC1D4BF332B9E19C6C5A434503A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_46344DC1D4BF332B9E19C6C5A434503A" xlink:to="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_46344DC1D4BF332B9E19C6C5A434503A" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_B41ED0FA7A22FF902B9CC6C5A434A6FD_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_B41ED0FA7A22FF902B9CC6C5A434A6FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Financing Liabilities</link:label>
    <link:label id="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_B41ED0FA7A22FF902B9CC6C5A434A6FD_label_en-US" xlink:label="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_B41ED0FA7A22FF902B9CC6C5A434A6FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Financing Liabilities [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_B41ED0FA7A22FF902B9CC6C5A434A6FD_documentation_en-US" xlink:label="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_B41ED0FA7A22FF902B9CC6C5A434A6FD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Financing Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ScheduleofFinancingLiabilitiesTableTextBlock" xlink:label="loc_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_B41ED0FA7A22FF902B9CC6C5A434A6FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_B41ED0FA7A22FF902B9CC6C5A434A6FD" xlink:to="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_B41ED0FA7A22FF902B9CC6C5A434A6FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_9F75CB5BE4E42F8215E2C6C5A434EA05_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_9F75CB5BE4E42F8215E2C6C5A434EA05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Secured Borrowings</link:label>
    <link:label id="lab_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_9F75CB5BE4E42F8215E2C6C5A434EA05_label_en-US" xlink:label="lab_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_9F75CB5BE4E42F8215E2C6C5A434EA05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Line of Credit Facilities [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" xlink:label="loc_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_9F75CB5BE4E42F8215E2C6C5A434EA05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_9F75CB5BE4E42F8215E2C6C5A434EA05" xlink:to="lab_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_9F75CB5BE4E42F8215E2C6C5A434EA05" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesOnBehalfofBorrowersTable_23B1E1B74AC17E8F17F5C6C5A31B6BCA_terseLabel_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersTable_23B1E1B74AC17E8F17F5C6C5A31B6BCA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances On Behalf of Borrowers [Table]</link:label>
    <link:label id="lab_ocn_AdvancesOnBehalfofBorrowersTable_23B1E1B74AC17E8F17F5C6C5A31B6BCA_label_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersTable_23B1E1B74AC17E8F17F5C6C5A31B6BCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances On Behalf of Borrowers [Table]</link:label>
    <link:label id="lab_ocn_AdvancesOnBehalfofBorrowersTable_23B1E1B74AC17E8F17F5C6C5A31B6BCA_documentation_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersTable_23B1E1B74AC17E8F17F5C6C5A31B6BCA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances On Behalf of Borrowers [Table]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AdvancesOnBehalfofBorrowersTable" xlink:label="loc_ocn_AdvancesOnBehalfofBorrowersTable_23B1E1B74AC17E8F17F5C6C5A31B6BCA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesOnBehalfofBorrowersTable_23B1E1B74AC17E8F17F5C6C5A31B6BCA" xlink:to="lab_ocn_AdvancesOnBehalfofBorrowersTable_23B1E1B74AC17E8F17F5C6C5A31B6BCA" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_DAFD74367C1B25AE26B7C6C5A31B3066_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_DAFD74367C1B25AE26B7C6C5A31B3066" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivable Type [Axis]</link:label>
    <link:label id="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_DAFD74367C1B25AE26B7C6C5A31B3066_label_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_DAFD74367C1B25AE26B7C6C5A31B3066" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivable Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_DAFD74367C1B25AE26B7C6C5A31B3066" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_DAFD74367C1B25AE26B7C6C5A31B3066" xlink:to="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_DAFD74367C1B25AE26B7C6C5A31B3066" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivableTypeDomain_0112C9DF44A559A77D61C6C5A31BA959_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_0112C9DF44A559A77D61C6C5A31BA959" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivable Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ReceivableTypeDomain_0112C9DF44A559A77D61C6C5A31BA959_label_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_0112C9DF44A559A77D61C6C5A31BA959" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivable [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="loc_us-gaap_ReceivableTypeDomain_0112C9DF44A559A77D61C6C5A31BA959" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivableTypeDomain_0112C9DF44A559A77D61C6C5A31BA959" xlink:to="lab_us-gaap_ReceivableTypeDomain_0112C9DF44A559A77D61C6C5A31BA959" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingPrincipalAndInterestMember_86ED822FFF57C2706114C6C5A31BDF01_terseLabel_en-US" xlink:label="lab_ocn_ServicingPrincipalAndInterestMember_86ED822FFF57C2706114C6C5A31BDF01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing, Principal and Interest [Member]</link:label>
    <link:label id="lab_ocn_ServicingPrincipalAndInterestMember_86ED822FFF57C2706114C6C5A31BDF01_label_en-US" xlink:label="lab_ocn_ServicingPrincipalAndInterestMember_86ED822FFF57C2706114C6C5A31BDF01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Principal And Interest [Member]</link:label>
    <link:label id="lab_ocn_ServicingPrincipalAndInterestMember_86ED822FFF57C2706114C6C5A31BDF01_documentation_en-US" xlink:label="lab_ocn_ServicingPrincipalAndInterestMember_86ED822FFF57C2706114C6C5A31BDF01" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ServicingPrincipalAndInterestMember" xlink:label="loc_ocn_ServicingPrincipalAndInterestMember_86ED822FFF57C2706114C6C5A31BDF01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingPrincipalAndInterestMember_86ED822FFF57C2706114C6C5A31BDF01" xlink:to="lab_ocn_ServicingPrincipalAndInterestMember_86ED822FFF57C2706114C6C5A31BDF01" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingTaxesAndInsuranceMember_176070FBD489AEBBAF20C6C5A31BD24A_terseLabel_en-US" xlink:label="lab_ocn_ServicingTaxesAndInsuranceMember_176070FBD489AEBBAF20C6C5A31BD24A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing, Taxes and Insurance [Member]</link:label>
    <link:label id="lab_ocn_ServicingTaxesAndInsuranceMember_176070FBD489AEBBAF20C6C5A31BD24A_label_en-US" xlink:label="lab_ocn_ServicingTaxesAndInsuranceMember_176070FBD489AEBBAF20C6C5A31BD24A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Taxes And Insurance [Member]</link:label>
    <link:label id="lab_ocn_ServicingTaxesAndInsuranceMember_176070FBD489AEBBAF20C6C5A31BD24A_documentation_en-US" xlink:label="lab_ocn_ServicingTaxesAndInsuranceMember_176070FBD489AEBBAF20C6C5A31BD24A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ServicingTaxesAndInsuranceMember" xlink:label="loc_ocn_ServicingTaxesAndInsuranceMember_176070FBD489AEBBAF20C6C5A31BD24A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingTaxesAndInsuranceMember_176070FBD489AEBBAF20C6C5A31BD24A" xlink:to="lab_ocn_ServicingTaxesAndInsuranceMember_176070FBD489AEBBAF20C6C5A31BD24A" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingForeclosuresAndBankruptcyCostsMember_B26C32E85D57AD97E72EC6C5A31BBF67_terseLabel_en-US" xlink:label="lab_ocn_ServicingForeclosuresAndBankruptcyCostsMember_B26C32E85D57AD97E72EC6C5A31BBF67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing, Foreclosures and Bankruptcy Costs [Member]</link:label>
    <link:label id="lab_ocn_ServicingForeclosuresAndBankruptcyCostsMember_B26C32E85D57AD97E72EC6C5A31BBF67_label_en-US" xlink:label="lab_ocn_ServicingForeclosuresAndBankruptcyCostsMember_B26C32E85D57AD97E72EC6C5A31BBF67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Foreclosures And Bankruptcy Costs [Member]</link:label>
    <link:label id="lab_ocn_ServicingForeclosuresAndBankruptcyCostsMember_B26C32E85D57AD97E72EC6C5A31BBF67_documentation_en-US" xlink:label="lab_ocn_ServicingForeclosuresAndBankruptcyCostsMember_B26C32E85D57AD97E72EC6C5A31BBF67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ServicingForeclosuresAndBankruptcyCostsMember" xlink:label="loc_ocn_ServicingForeclosuresAndBankruptcyCostsMember_B26C32E85D57AD97E72EC6C5A31BBF67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingForeclosuresAndBankruptcyCostsMember_B26C32E85D57AD97E72EC6C5A31BBF67" xlink:to="lab_ocn_ServicingForeclosuresAndBankruptcyCostsMember_B26C32E85D57AD97E72EC6C5A31BBF67" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_50BE88428494B3E15E8DC6C5A31B9636_terseLabel_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_50BE88428494B3E15E8DC6C5A31B9636" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances On Behalf of Borrowers [Line Items]</link:label>
    <link:label id="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_50BE88428494B3E15E8DC6C5A31B9636_label_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_50BE88428494B3E15E8DC6C5A31B9636" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances On Behalf of Borrowers [Line Items]</link:label>
    <link:label id="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_50BE88428494B3E15E8DC6C5A31B9636_documentation_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_50BE88428494B3E15E8DC6C5A31B9636" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Advances On Behalf of Borrowers [Table]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AdvancesOnBehalfofBorrowersLineItems" xlink:label="loc_ocn_AdvancesOnBehalfofBorrowersLineItems_50BE88428494B3E15E8DC6C5A31B9636" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesOnBehalfofBorrowersLineItems_50BE88428494B3E15E8DC6C5A31B9636" xlink:to="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_50BE88428494B3E15E8DC6C5A31B9636" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingAbstract_B9D501C2C717FAE1797EC6C5A31B46FE_terseLabel_en-US" xlink:label="lab_ocn_ServicingAbstract_B9D501C2C717FAE1797EC6C5A31B46FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing:</link:label>
    <link:label id="lab_ocn_ServicingAbstract_B9D501C2C717FAE1797EC6C5A31B46FE_label_en-US" xlink:label="lab_ocn_ServicingAbstract_B9D501C2C717FAE1797EC6C5A31B46FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing [Abstract]</link:label>
    <link:label id="lab_ocn_ServicingAbstract_B9D501C2C717FAE1797EC6C5A31B46FE_documentation_en-US" xlink:label="lab_ocn_ServicingAbstract_B9D501C2C717FAE1797EC6C5A31B46FE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ServicingAbstract" xlink:label="loc_ocn_ServicingAbstract_B9D501C2C717FAE1797EC6C5A31B46FE" xlink:type="locator" />
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    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfByBorrower_C4C7C3283CB9F44889CEC6C5A31B54FA_terseLabel_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfByBorrower_C4C7C3283CB9F44889CEC6C5A31B54FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AdvancesPaymentsOnBehalfOfByBorrower" xlink:label="loc_ocn_AdvancesPaymentsOnBehalfOfByBorrower_C4C7C3283CB9F44889CEC6C5A31B54FA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ServicingAssetsAtFairValueTable_F3B1F960076CCF0924AFC6C5A34A9D2F_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueTable_F3B1F960076CCF0924AFC6C5A34A9D2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Servicing Assets at Fair Value [Table]</link:label>
    <link:label id="lab_us-gaap_ServicingAssetsAtFairValueTable_F3B1F960076CCF0924AFC6C5A34A9D2F_label_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueTable_F3B1F960076CCF0924AFC6C5A34A9D2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Servicing Assets at Fair Value [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingAssetsAtFairValueTable" xlink:label="loc_us-gaap_ServicingAssetsAtFairValueTable_F3B1F960076CCF0924AFC6C5A34A9D2F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetsAtFairValueTable_F3B1F960076CCF0924AFC6C5A34A9D2F" xlink:to="lab_us-gaap_ServicingAssetsAtFairValueTable_F3B1F960076CCF0924AFC6C5A34A9D2F" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialInstrumentAxis_EECDC69069B19B669C1BC6C5A34A1054_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_EECDC69069B19B669C1BC6C5A34A1054" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_FinancialInstrumentAxis_EECDC69069B19B669C1BC6C5A34A1054_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_EECDC69069B19B669C1BC6C5A34A1054" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instrument [Axis]</link:label>
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    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_12214817831F0C8C17AFC6C5A34A3B8A_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_12214817831F0C8C17AFC6C5A34A3B8A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_12214817831F0C8C17AFC6C5A34A3B8A_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_12214817831F0C8C17AFC6C5A34A3B8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_12214817831F0C8C17AFC6C5A34A3B8A" xlink:type="locator" />
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    <link:loc xlink:href="ocn-20140331.xsd#ocn_MortgageServicingRightsAmortizedCostsMember" xlink:label="loc_ocn_MortgageServicingRightsAmortizedCostsMember_75E7842E82114471188DC6C5A34A19E1" xlink:type="locator" />
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    <link:label id="lab_ocn_AdvanceReceivableBackedNotesSeriesFMember_8FDC6267A9F0022E45FEC6C5A34A568D_terseLabel_en-US" xlink:label="lab_ocn_AdvanceReceivableBackedNotesSeriesFMember_8FDC6267A9F0022E45FEC6C5A34A568D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivable Backed Notes Series F [Member]</link:label>
    <link:label id="lab_ocn_AdvanceReceivableBackedNotesSeriesFMember_8FDC6267A9F0022E45FEC6C5A34A568D_label_en-US" xlink:label="lab_ocn_AdvanceReceivableBackedNotesSeriesFMember_8FDC6267A9F0022E45FEC6C5A34A568D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advance Receivable Backed Notes Series F [Member]</link:label>
    <link:label id="lab_ocn_AdvanceReceivableBackedNotesSeriesFMember_8FDC6267A9F0022E45FEC6C5A34A568D_documentation_en-US" xlink:label="lab_ocn_AdvanceReceivableBackedNotesSeriesFMember_8FDC6267A9F0022E45FEC6C5A34A568D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentAxis_6361B3D8E18F1B3D5881C6C5A34AD51E_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_6361B3D8E18F1B3D5881C6C5A34AD51E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentAxis_6361B3D8E18F1B3D5881C6C5A34AD51E_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_6361B3D8E18F1B3D5881C6C5A34AD51E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_6361B3D8E18F1B3D5881C6C5A34AD51E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_6361B3D8E18F1B3D5881C6C5A34AD51E" xlink:to="lab_us-gaap_DebtInstrumentAxis_6361B3D8E18F1B3D5881C6C5A34AD51E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_28BDEE4B86736B9B285CC6C5A34AA68B_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_28BDEE4B86736B9B285CC6C5A34AA68B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_28BDEE4B86736B9B285CC6C5A34AA68B_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_28BDEE4B86736B9B285CC6C5A34AA68B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_28BDEE4B86736B9B285CC6C5A34AA68B" xlink:type="locator" />
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    <link:label id="lab_ocn_HMBSRelatedBorrowingsMember_AB897ED832258780939DC6C5A34A2186_terseLabel_en-US" xlink:label="lab_ocn_HMBSRelatedBorrowingsMember_AB897ED832258780939DC6C5A34A2186" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HMBS - Related Borrowings [Member]</link:label>
    <link:label id="lab_ocn_HMBSRelatedBorrowingsMember_AB897ED832258780939DC6C5A34A2186_label_en-US" xlink:label="lab_ocn_HMBSRelatedBorrowingsMember_AB897ED832258780939DC6C5A34A2186" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HMBS - Related Borrowings [Member]</link:label>
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    <link:loc xlink:href="ocn-20140331.xsd#ocn_HMBSRelatedBorrowingsMember" xlink:label="loc_ocn_HMBSRelatedBorrowingsMember_AB897ED832258780939DC6C5A34A2186" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsByTypeAxis_333BCEC42271B37BE9FEC6C5A34A807F_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsByTypeAxis_333BCEC42271B37BE9FEC6C5A34A807F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and Associated Liabilities Accounted for as Secured Borrowings by Type [Axis]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_7CFF67C76C02654F0D55C6C5A34AC7D6" xlink:type="locator" />
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    <link:label id="lab_ocn_HomeEquityConversionMortgagesMember_6B03E95524E7D108AB40C6C5A34A4C07_terseLabel_en-US" xlink:label="lab_ocn_HomeEquityConversionMortgagesMember_6B03E95524E7D108AB40C6C5A34A4C07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HECM [Member]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingAssetsAtFairValueLineItems" xlink:label="loc_us-gaap_ServicingAssetsAtFairValueLineItems_829219B48CDF4497BA5CC6C5A34AE5D1" xlink:type="locator" />
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    <link:label id="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_97EC1BD9C03A92124FAFC6C5A34A50E8_terseLabel_en-US" xlink:label="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_97EC1BD9C03A92124FAFC6C5A34A50E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_97EC1BD9C03A92124FAFC6C5A34A50E8_label_en-US" xlink:label="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_97EC1BD9C03A92124FAFC6C5A34A50E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Assets at Amortized Cost, Additions Recognized from Mortgage Sales</link:label>
    <link:label id="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_97EC1BD9C03A92124FAFC6C5A34A50E8_documentation_en-US" xlink:label="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_97EC1BD9C03A92124FAFC6C5A34A50E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Servicing Assets at Amortized Cost, Additions Recognized from Mortgage Sales</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales" xlink:label="loc_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_97EC1BD9C03A92124FAFC6C5A34A50E8" xlink:type="locator" />
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    <link:label id="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue_01C57D8FE0DA22129991C6C5A34A44CC_terseLabel_en-US" xlink:label="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue_01C57D8FE0DA22129991C6C5A34A44CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage Of Loan Transferred Through Securitization 60 Days Or More Past Due</link:label>
    <link:label id="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue_01C57D8FE0DA22129991C6C5A34A44CC_label_en-US" xlink:label="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue_01C57D8FE0DA22129991C6C5A34A44CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Loan Transferred Through Securitization 60 Days Or More Past Due</link:label>
    <link:label id="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue_01C57D8FE0DA22129991C6C5A34A44CC_documentation_en-US" xlink:label="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue_01C57D8FE0DA22129991C6C5A34A44CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Loan Transferred Through Securitization 60 Days Or More Past Due</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue" xlink:label="loc_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue_01C57D8FE0DA22129991C6C5A34A44CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue_01C57D8FE0DA22129991C6C5A34A44CC" xlink:to="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue_01C57D8FE0DA22129991C6C5A34A44CC" xlink:type="arc" />
    <link:label id="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_FC31FE39CDB13F558787C6C5A34A1667_terseLabel_en-US" xlink:label="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_FC31FE39CDB13F558787C6C5A34A1667" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Secured Borrowings With Pledge Of Collateral</link:label>
    <link:label id="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_FC31FE39CDB13F558787C6C5A34A1667_label_en-US" xlink:label="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_FC31FE39CDB13F558787C6C5A34A1667" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Borrowings With Pledge Of Collateral</link:label>
    <link:label id="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_FC31FE39CDB13F558787C6C5A34A1667_documentation_en-US" xlink:label="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_FC31FE39CDB13F558787C6C5A34A1667" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of secured borrowings recognized in the transferor's statement of financial position at the end of the period presented that are associated with the transfers of reverse mortgages where the transfers are accounted for as a financing.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_SecuredBorrowingsWithPledgeOfCollateral" xlink:label="loc_ocn_SecuredBorrowingsWithPledgeOfCollateral_FC31FE39CDB13F558787C6C5A34A1667" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SecuredBorrowingsWithPledgeOfCollateral_FC31FE39CDB13F558787C6C5A34A1667" xlink:to="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_FC31FE39CDB13F558787C6C5A34A1667" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_E13FECA33F7F62E35CDEC6C5A34A9267_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_E13FECA33F7F62E35CDEC6C5A34A9267" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans held for investment - reverse mortgages, at fair value</link:label>
    <link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_E13FECA33F7F62E35CDEC6C5A34A9267_label_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_E13FECA33F7F62E35CDEC6C5A34A9267" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Receivable, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="loc_us-gaap_LoansReceivableFairValueDisclosure_E13FECA33F7F62E35CDEC6C5A34A9267" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableFairValueDisclosure_E13FECA33F7F62E35CDEC6C5A34A9267" xlink:to="lab_us-gaap_LoansReceivableFairValueDisclosure_E13FECA33F7F62E35CDEC6C5A34A9267" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansPledgedAsCollateral_038B9776E5BA9D6BF8C4C6C5A34ADAFD_terseLabel_en-US" xlink:label="lab_us-gaap_LoansPledgedAsCollateral_038B9776E5BA9D6BF8C4C6C5A34ADAFD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Pledged as Collateral</link:label>
    <link:label id="lab_us-gaap_LoansPledgedAsCollateral_038B9776E5BA9D6BF8C4C6C5A34ADAFD_label_en-US" xlink:label="lab_us-gaap_LoansPledgedAsCollateral_038B9776E5BA9D6BF8C4C6C5A34ADAFD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Pledged as Collateral</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPledgedAsCollateral" xlink:label="loc_us-gaap_LoansPledgedAsCollateral_038B9776E5BA9D6BF8C4C6C5A34ADAFD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansPledgedAsCollateral_038B9776E5BA9D6BF8C4C6C5A34ADAFD" xlink:to="lab_us-gaap_LoansPledgedAsCollateral_038B9776E5BA9D6BF8C4C6C5A34ADAFD" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedLiabilities_A11F310BE766C8550631C6C5A34AB51C_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedLiabilities_A11F310BE766C8550631C6C5A34AB51C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Match Funded Liabilities</link:label>
    <link:label id="lab_ocn_MatchFundedLiabilities_A11F310BE766C8550631C6C5A34AB51C_label_en-US" xlink:label="lab_ocn_MatchFundedLiabilities_A11F310BE766C8550631C6C5A34AB51C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Liabilities</link:label>
    <link:label id="lab_ocn_MatchFundedLiabilities_A11F310BE766C8550631C6C5A34AB51C_documentation_en-US" xlink:label="lab_ocn_MatchFundedLiabilities_A11F310BE766C8550631C6C5A34AB51C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying amount of liabilities associated with accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) accounted for as secured borrowings recognized in the transferor's statement of financial position at the end of each period presented.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MatchFundedLiabilities" xlink:label="loc_ocn_MatchFundedLiabilities_A11F310BE766C8550631C6C5A34AB51C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedLiabilities_A11F310BE766C8550631C6C5A34AB51C" xlink:to="lab_ocn_MatchFundedLiabilities_A11F310BE766C8550631C6C5A34AB51C" xlink:type="arc" />
    <link:label id="lab_ocn_ConsolidatedStatementsOfComprehensiveIncomeLossAbstract_4AB3CF5689819954AE46C6C5A08BAC0F_label_en-US" xlink:label="lab_ocn_ConsolidatedStatementsOfComprehensiveIncomeLossAbstract_4AB3CF5689819954AE46C6C5A08BAC0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract]</link:label>
    <link:label id="lab_ocn_ConsolidatedStatementsOfComprehensiveIncomeLossAbstract_4AB3CF5689819954AE46C6C5A08BAC0F_documentation_en-US" xlink:label="lab_ocn_ConsolidatedStatementsOfComprehensiveIncomeLossAbstract_4AB3CF5689819954AE46C6C5A08BAC0F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ConsolidatedStatementsOfComprehensiveIncomeLossAbstract" xlink:label="loc_ocn_ConsolidatedStatementsOfComprehensiveIncomeLossAbstract_4AB3CF5689819954AE46C6C5A08BAC0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ConsolidatedStatementsOfComprehensiveIncomeLossAbstract_4AB3CF5689819954AE46C6C5A08BAC0F" xlink:to="lab_ocn_ConsolidatedStatementsOfComprehensiveIncomeLossAbstract_4AB3CF5689819954AE46C6C5A08BAC0F" xlink:type="arc" />
    <link:label id="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_EDB71B0738FF605CFB21C6C5A08BAC90_terseLabel_en-US" xlink:label="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_EDB71B0738FF605CFB21C6C5A08BAC90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss), net of income taxes:</link:label>
    <link:label id="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_EDB71B0738FF605CFB21C6C5A08BAC90_label_en-US" xlink:label="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_EDB71B0738FF605CFB21C6C5A08BAC90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss), net of income taxes: [Abstract]</link:label>
    <link:label id="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_EDB71B0738FF605CFB21C6C5A08BAC90_documentation_en-US" xlink:label="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_EDB71B0738FF605CFB21C6C5A08BAC90" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract" xlink:label="loc_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_EDB71B0738FF605CFB21C6C5A08BAC90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_EDB71B0738FF605CFB21C6C5A08BAC90" xlink:to="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_EDB71B0738FF605CFB21C6C5A08BAC90" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_A562BF7B5CDFB2FB9883C6C5A08B062B_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_A562BF7B5CDFB2FB9883C6C5A08B062B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in deferred gain (loss) on cash flow hedges arising during the year</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_A562BF7B5CDFB2FB9883C6C5A08B062B_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_A562BF7B5CDFB2FB9883C6C5A08B062B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_A562BF7B5CDFB2FB9883C6C5A08B062B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_A562BF7B5CDFB2FB9883C6C5A08B062B" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_A562BF7B5CDFB2FB9883C6C5A08B062B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_3501A2D5847072F9D916C6C5A08B22B2_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_3501A2D5847072F9D916C6C5A08B22B2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Reclassification adjustment for losses on cash flow hedges included in net income</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_3501A2D5847072F9D916C6C5A08B22B2_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_3501A2D5847072F9D916C6C5A08B22B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_3501A2D5847072F9D916C6C5A08B22B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_3501A2D5847072F9D916C6C5A08B22B2" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_3501A2D5847072F9D916C6C5A08B22B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_03C7BD9F7BBFC7780E13C6C5A08B4620_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_03C7BD9F7BBFC7780E13C6C5A08B4620" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net change in deferred loss on cash flow hedges</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_03C7BD9F7BBFC7780E13C6C5A08B4620_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_03C7BD9F7BBFC7780E13C6C5A08B4620" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_03C7BD9F7BBFC7780E13C6C5A08B4620" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_433C83655563772476D1C6C5A08B8044_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_433C83655563772476D1C6C5A08B8044" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_433C83655563772476D1C6C5A08B8044_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_433C83655563772476D1C6C5A08B8044" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income, Other, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeOtherNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_433C83655563772476D1C6C5A08B8044" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_433C83655563772476D1C6C5A08B8044" xlink:to="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_433C83655563772476D1C6C5A08B8044" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_193C0B6ECCADEB3B77C0C6C5A08BC9CE_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_193C0B6ECCADEB3B77C0C6C5A08BC9CE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other comprehensive income (loss), net of income taxes</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_193C0B6ECCADEB3B77C0C6C5A08BC9CE_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_193C0B6ECCADEB3B77C0C6C5A08BC9CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_193C0B6ECCADEB3B77C0C6C5A08BC9CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_193C0B6ECCADEB3B77C0C6C5A08BC9CE" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_193C0B6ECCADEB3B77C0C6C5A08BC9CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_FB6ED2B19138CC2910DFC6C5A08B8DAD_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_FB6ED2B19138CC2910DFC6C5A08B8DAD" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income attributable to Ocwen stockholders</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_FB6ED2B19138CC2910DFC6C5A08B8DAD" xlink:type="locator" />
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    <link:label id="lab_ocn_ConsolidatedBalanceSheetsAbstract_2DE9881B9DCE85FD6830C6C5A1361E65_label_en-US" xlink:label="lab_ocn_ConsolidatedBalanceSheetsAbstract_2DE9881B9DCE85FD6830C6C5A1361E65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CONSOLIDATED BALANCE SHEETS [Abstract]</link:label>
    <link:label id="lab_ocn_ConsolidatedBalanceSheetsAbstract_2DE9881B9DCE85FD6830C6C5A1361E65_documentation_en-US" xlink:label="lab_ocn_ConsolidatedBalanceSheetsAbstract_2DE9881B9DCE85FD6830C6C5A1361E65" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ConsolidatedBalanceSheetsAbstract" xlink:label="loc_ocn_ConsolidatedBalanceSheetsAbstract_2DE9881B9DCE85FD6830C6C5A1361E65" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ConsolidatedBalanceSheetsAbstract_2DE9881B9DCE85FD6830C6C5A1361E65" xlink:to="lab_ocn_ConsolidatedBalanceSheetsAbstract_2DE9881B9DCE85FD6830C6C5A1361E65" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_624D0E44418A9EEAA6C8C6C5A136A3B2_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_624D0E44418A9EEAA6C8C6C5A136A3B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_624D0E44418A9EEAA6C8C6C5A136A3B2_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_624D0E44418A9EEAA6C8C6C5A136A3B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_624D0E44418A9EEAA6C8C6C5A136A3B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_624D0E44418A9EEAA6C8C6C5A136A3B2" xlink:to="lab_us-gaap_AssetsAbstract_624D0E44418A9EEAA6C8C6C5A136A3B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_Cash_EC69F3C33366A2A3DFFCC6C5A1369EFF_terseLabel_en-US" xlink:label="lab_us-gaap_Cash_EC69F3C33366A2A3DFFCC6C5A1369EFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:label id="lab_us-gaap_Cash_EC69F3C33366A2A3DFFCC6C5A1369EFF_label_en-US" xlink:label="lab_us-gaap_Cash_EC69F3C33366A2A3DFFCC6C5A1369EFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Cash" xlink:label="loc_us-gaap_Cash_EC69F3C33366A2A3DFFCC6C5A1369EFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Cash_EC69F3C33366A2A3DFFCC6C5A1369EFF" xlink:to="lab_us-gaap_Cash_EC69F3C33366A2A3DFFCC6C5A1369EFF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAsset_4DC18B70483310CC33FDC6C5A136D6A8_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAsset_4DC18B70483310CC33FDC6C5A136D6A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights ($110,826 and $116,029 carried at fair value)</link:label>
    <link:label id="lab_us-gaap_ServicingAsset_4DC18B70483310CC33FDC6C5A136D6A8_label_en-US" xlink:label="lab_us-gaap_ServicingAsset_4DC18B70483310CC33FDC6C5A136D6A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingAsset" xlink:label="loc_us-gaap_ServicingAsset_4DC18B70483310CC33FDC6C5A136D6A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAsset_4DC18B70483310CC33FDC6C5A136D6A8" xlink:to="lab_us-gaap_ServicingAsset_4DC18B70483310CC33FDC6C5A136D6A8" xlink:type="arc" />
    <link:label id="lab_ocn_Advances_F77B627527ECA7760DBFC6C5A136158F_terseLabel_en-US" xlink:label="lab_ocn_Advances_F77B627527ECA7760DBFC6C5A136158F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
    <link:label id="lab_ocn_Advances_F77B627527ECA7760DBFC6C5A136158F_label_en-US" xlink:label="lab_ocn_Advances_F77B627527ECA7760DBFC6C5A136158F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances</link:label>
    <link:label id="lab_ocn_Advances_F77B627527ECA7760DBFC6C5A136158F_documentation_en-US" xlink:label="lab_ocn_Advances_F77B627527ECA7760DBFC6C5A136158F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying amount as of the balance sheet date of non-interest-bearing advances made on loans serviced for others. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_Advances" xlink:label="loc_ocn_Advances_F77B627527ECA7760DBFC6C5A136158F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Advances_F77B627527ECA7760DBFC6C5A136158F" xlink:to="lab_ocn_Advances_F77B627527ECA7760DBFC6C5A136158F" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_B34E769902B79F059E67C6C5A136EAEA_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_B34E769902B79F059E67C6C5A136EAEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Match funded advances</link:label>
    <link:label id="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_B34E769902B79F059E67C6C5A136EAEA_label_en-US" xlink:label="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_B34E769902B79F059E67C6C5A136EAEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers Accounted for as Secured Borrowings, Assets, Carrying Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount" xlink:label="loc_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_B34E769902B79F059E67C6C5A136EAEA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LoansHeldForSaleMortgages_38316622916EF96F20EAC6C5A136A29D_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleMortgages_38316622916EF96F20EAC6C5A136A29D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loans held for sale ($338,228 and $503,753 carried at fair value)</link:label>
    <link:label id="lab_us-gaap_LoansHeldForSaleMortgages_38316622916EF96F20EAC6C5A136A29D_label_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleMortgages_38316622916EF96F20EAC6C5A136A29D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held-for-sale, Mortgages</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansHeldForSaleMortgages" xlink:label="loc_us-gaap_LoansHeldForSaleMortgages_38316622916EF96F20EAC6C5A136A29D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Goodwill_587E7C05E29920441297C6C5A136B7A8_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_587E7C05E29920441297C6C5A136B7A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_us-gaap_Goodwill_587E7C05E29920441297C6C5A136B7A8_label_en-US" xlink:label="lab_us-gaap_Goodwill_587E7C05E29920441297C6C5A136B7A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
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    <link:label id="lab_ocn_OtherReceivablesNet_84BB8F229341EF853B87C6C5A136A268_terseLabel_en-US" xlink:label="lab_ocn_OtherReceivablesNet_84BB8F229341EF853B87C6C5A136A268" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables, net</link:label>
    <link:label id="lab_ocn_OtherReceivablesNet_84BB8F229341EF853B87C6C5A136A268_label_en-US" xlink:label="lab_ocn_OtherReceivablesNet_84BB8F229341EF853B87C6C5A136A268" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Receivables Net</link:label>
    <link:label id="lab_ocn_OtherReceivablesNet_84BB8F229341EF853B87C6C5A136A268_documentation_en-US" xlink:label="lab_ocn_OtherReceivablesNet_84BB8F229341EF853B87C6C5A136A268" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The carrying amount of other receivables, net, due from third parties or arising from transactions not separately disclosed.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_OtherReceivablesNet" xlink:label="loc_ocn_OtherReceivablesNet_84BB8F229341EF853B87C6C5A136A268" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherReceivablesNet_84BB8F229341EF853B87C6C5A136A268" xlink:to="lab_ocn_OtherReceivablesNet_84BB8F229341EF853B87C6C5A136A268" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_BFD3EE4ACA2AC7D9310FC6C5A136CCCD_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_BFD3EE4ACA2AC7D9310FC6C5A136CCCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets, net</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_BFD3EE4ACA2AC7D9310FC6C5A136CCCD_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_BFD3EE4ACA2AC7D9310FC6C5A136CCCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Net of Valuation Allowance</link:label>
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_26ACD72B3EAB8C2261C5C6C5A136521D_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_26ACD72B3EAB8C2261C5C6C5A136521D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premises and equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_26ACD72B3EAB8C2261C5C6C5A136521D_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_26ACD72B3EAB8C2261C5C6C5A136521D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
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    <link:label id="lab_us-gaap_OtherAssets_A0F407A0FB09CE9A865DC6C5A136614B_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_A0F407A0FB09CE9A865DC6C5A136614B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_OtherAssets_A0F407A0FB09CE9A865DC6C5A136614B_label_en-US" xlink:label="lab_us-gaap_OtherAssets_A0F407A0FB09CE9A865DC6C5A136614B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_A0F407A0FB09CE9A865DC6C5A136614B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_A0F407A0FB09CE9A865DC6C5A136614B" xlink:to="lab_us-gaap_OtherAssets_A0F407A0FB09CE9A865DC6C5A136614B" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_EA2EE6DF41C505BBC562C6C5A13639F9_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_EA2EE6DF41C505BBC562C6C5A13639F9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_EA2EE6DF41C505BBC562C6C5A13639F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_EA2EE6DF41C505BBC562C6C5A13639F9" xlink:to="lab_us-gaap_Assets_EA2EE6DF41C505BBC562C6C5A13639F9" xlink:type="arc" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_33CD6EF806DD49457096C6C5A117A88D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_0F2C36311B73CC9B3D09C6C5A117C51F_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_0F2C36311B73CC9B3D09C6C5A117C51F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party [Axis]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_0F2C36311B73CC9B3D09C6C5A117C51F_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_0F2C36311B73CC9B3D09C6C5A117C51F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_0F2C36311B73CC9B3D09C6C5A117C51F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RelatedPartyDomain_2FB9F31191C570552404C6C5A11754CF_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_2FB9F31191C570552404C6C5A11754CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyDomain_2FB9F31191C570552404C6C5A11754CF_label_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_2FB9F31191C570552404C6C5A11754CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaap_RelatedPartyDomain_2FB9F31191C570552404C6C5A11754CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyDomain_2FB9F31191C570552404C6C5A11754CF" xlink:to="lab_us-gaap_RelatedPartyDomain_2FB9F31191C570552404C6C5A11754CF" xlink:type="arc" />
    <link:label id="lab_ocn_HLSSMember_042E1339DFFAC55562B9C6C5A1177868_terseLabel_en-US" xlink:label="lab_ocn_HLSSMember_042E1339DFFAC55562B9C6C5A1177868" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HLSS [Member]</link:label>
    <link:label id="lab_ocn_HLSSMember_042E1339DFFAC55562B9C6C5A1177868_label_en-US" xlink:label="lab_ocn_HLSSMember_042E1339DFFAC55562B9C6C5A1177868" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HLSS [Member]</link:label>
    <link:label id="lab_ocn_HLSSMember_042E1339DFFAC55562B9C6C5A1177868_documentation_en-US" xlink:label="lab_ocn_HLSSMember_042E1339DFFAC55562B9C6C5A1177868" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_HLSSMember" xlink:label="loc_ocn_HLSSMember_042E1339DFFAC55562B9C6C5A1177868" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HLSSMember_042E1339DFFAC55562B9C6C5A1177868" xlink:to="lab_ocn_HLSSMember_042E1339DFFAC55562B9C6C5A1177868" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_6D4471B8534ABA7AC444C6C5A117C896_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_6D4471B8534ABA7AC444C6C5A117C896" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_6D4471B8534ABA7AC444C6C5A117C896_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_6D4471B8534ABA7AC444C6C5A117C896" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="loc_us-gaap_RelatedPartyTransactionLineItems_6D4471B8534ABA7AC444C6C5A117C896" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionLineItems_6D4471B8534ABA7AC444C6C5A117C896" xlink:to="lab_us-gaap_RelatedPartyTransactionLineItems_6D4471B8534ABA7AC444C6C5A117C896" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueOfServicingAssetsSold_0A854A07FF8CCF5A40A7C6C5A1172F83_terseLabel_en-US" xlink:label="lab_ocn_FairValueOfServicingAssetsSold_0A854A07FF8CCF5A40A7C6C5A1172F83" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale of MSRs accounted for as a financing</link:label>
    <link:label id="lab_ocn_FairValueOfServicingAssetsSold_0A854A07FF8CCF5A40A7C6C5A1172F83_label_en-US" xlink:label="lab_ocn_FairValueOfServicingAssetsSold_0A854A07FF8CCF5A40A7C6C5A1172F83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Of Servicing Assets Sold</link:label>
    <link:label id="lab_ocn_FairValueOfServicingAssetsSold_0A854A07FF8CCF5A40A7C6C5A1172F83_documentation_en-US" xlink:label="lab_ocn_FairValueOfServicingAssetsSold_0A854A07FF8CCF5A40A7C6C5A1172F83" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value as of the date of sale of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_FairValueOfServicingAssetsSold" xlink:label="loc_ocn_FairValueOfServicingAssetsSold_0A854A07FF8CCF5A40A7C6C5A1172F83" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueOfServicingAssetsSold_0A854A07FF8CCF5A40A7C6C5A1172F83" xlink:to="lab_ocn_FairValueOfServicingAssetsSold_0A854A07FF8CCF5A40A7C6C5A1172F83" xlink:type="arc" />
    <link:label id="lab_ocn_SaleOfMatchFundedAdvances_7408E3474E6E97FEA5F3C6C5A117262F_terseLabel_en-US" xlink:label="lab_ocn_SaleOfMatchFundedAdvances_7408E3474E6E97FEA5F3C6C5A117262F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale of advances and match funded advances</link:label>
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    <link:label id="lab_ocn_SaleOfMatchFundedAdvances_7408E3474E6E97FEA5F3C6C5A117262F_documentation_en-US" xlink:label="lab_ocn_SaleOfMatchFundedAdvances_7408E3474E6E97FEA5F3C6C5A117262F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sale related to match funded advances.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_SaleOfMatchFundedAdvances" xlink:label="loc_ocn_SaleOfMatchFundedAdvances_7408E3474E6E97FEA5F3C6C5A117262F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SaleOfMatchFundedAdvances_7408E3474E6E97FEA5F3C6C5A117262F" xlink:to="lab_ocn_SaleOfMatchFundedAdvances_7408E3474E6E97FEA5F3C6C5A117262F" xlink:type="arc" />
    <link:label id="lab_ocn_PurchasePriceAsAdjusted_651F64C1A8BE28D647A4C6C5A117B8C2_terseLabel_en-US" xlink:label="lab_ocn_PurchasePriceAsAdjusted_651F64C1A8BE28D647A4C6C5A117B8C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales price, as adjusted</link:label>
    <link:label id="lab_ocn_PurchasePriceAsAdjusted_651F64C1A8BE28D647A4C6C5A117B8C2_label_en-US" xlink:label="lab_ocn_PurchasePriceAsAdjusted_651F64C1A8BE28D647A4C6C5A117B8C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Price As Adjusted</link:label>
    <link:label id="lab_ocn_PurchasePriceAsAdjusted_651F64C1A8BE28D647A4C6C5A117B8C2_documentation_en-US" xlink:label="lab_ocn_PurchasePriceAsAdjusted_651F64C1A8BE28D647A4C6C5A117B8C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The total sale price of assets sold, net of the related assets assumed by the purchaser, including any post-closing adjustments to the price of assets sold or the carrying amount of liabilities assumed.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_PurchasePriceAsAdjusted" xlink:label="loc_ocn_PurchasePriceAsAdjusted_651F64C1A8BE28D647A4C6C5A117B8C2" xlink:type="locator" />
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    <link:label id="lab_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments_AF9896DEC1D38AF79A35C6C5A117EC5C_terseLabel_en-US" xlink:label="lab_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments_AF9896DEC1D38AF79A35C6C5A117EC5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount due to (from) HLSS for post-closing adjustments at March 31</link:label>
    <link:label id="lab_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments_AF9896DEC1D38AF79A35C6C5A117EC5C_label_en-US" xlink:label="lab_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments_AF9896DEC1D38AF79A35C6C5A117EC5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Sale Due To Purchaser For Purchase Price Adjustments</link:label>
    <link:label id="lab_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments_AF9896DEC1D38AF79A35C6C5A117EC5C_documentation_en-US" xlink:label="lab_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments_AF9896DEC1D38AF79A35C6C5A117EC5C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount due to the purchaser in an asset sale as the result of a post-closing adjustment to the sale price.</link:label>
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    <link:label id="lab_ocn_ProceedsFromSalesOfAssetsInvestingActivitiesBeforeSettlementOfPostClosingAdjustments_B0DBA47608B3D4734221C6C5A117E2A9_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSalesOfAssetsInvestingActivitiesBeforeSettlementOfPostClosingAdjustments_B0DBA47608B3D4734221C6C5A117E2A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash received on current year sales</link:label>
    <link:label id="lab_ocn_ProceedsFromSalesOfAssetsInvestingActivitiesBeforeSettlementOfPostClosingAdjustments_B0DBA47608B3D4734221C6C5A117E2A9_label_en-US" xlink:label="lab_ocn_ProceedsFromSalesOfAssetsInvestingActivitiesBeforeSettlementOfPostClosingAdjustments_B0DBA47608B3D4734221C6C5A117E2A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sales Of Assets Investing Activities Before Settlement Of Post Closing Adjustments</link:label>
    <link:label id="lab_ocn_ProceedsFromSalesOfAssetsInvestingActivitiesBeforeSettlementOfPostClosingAdjustments_B0DBA47608B3D4734221C6C5A117E2A9_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSalesOfAssetsInvestingActivitiesBeforeSettlementOfPostClosingAdjustments_B0DBA47608B3D4734221C6C5A117E2A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the cash proceeds from sale of assets from investing activities before settlement of post-closing adjustments.</link:label>
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    <link:label id="lab_ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments_48B092B919855A377DD5C6C5A1172595_terseLabel_en-US" xlink:label="lab_ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments_48B092B919855A377DD5C6C5A1172595" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount received from HLSS as settlement of post-closing adjustments outstanding at the end of the previous year</link:label>
    <link:label id="lab_ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments_48B092B919855A377DD5C6C5A1172595_label_en-US" xlink:label="lab_ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments_48B092B919855A377DD5C6C5A1172595" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Sale Received From Due To Purchaser For Settlement Of Purchase Price Adjustments</link:label>
    <link:label id="lab_ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments_48B092B919855A377DD5C6C5A1172595_documentation_en-US" xlink:label="lab_ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments_48B092B919855A377DD5C6C5A1172595" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount received from (due to) the purchaser in an asset sale as the result of settlement of a post-closing adjustment to the sale price.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments" xlink:label="loc_ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments_48B092B919855A377DD5C6C5A1172595" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments_48B092B919855A377DD5C6C5A1172595" xlink:to="lab_ocn_AssetSaleReceivedFromDueToPurchaserForSettlementOfPurchasePriceAdjustments_48B092B919855A377DD5C6C5A1172595" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_18D0BD28EEAD2106F82BC6C5A117176B_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_18D0BD28EEAD2106F82BC6C5A117176B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total cash received</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_18D0BD28EEAD2106F82BC6C5A117176B_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_18D0BD28EEAD2106F82BC6C5A117176B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sales of Assets, Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSalesOfAssetsInvestingActivities" xlink:label="loc_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_18D0BD28EEAD2106F82BC6C5A117176B" xlink:type="locator" />
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    <link:label id="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_0CBAF325105FA490EACFC6C5A07BA263_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_0CBAF325105FA490EACFC6C5A07BA263" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Indemnification Obligations</link:label>
    <link:label id="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_0CBAF325105FA490EACFC6C5A07BA263_label_en-US" xlink:label="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_0CBAF325105FA490EACFC6C5A07BA263" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Indemnification Obligations [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_0CBAF325105FA490EACFC6C5A07BA263_documentation_en-US" xlink:label="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_0CBAF325105FA490EACFC6C5A07BA263" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Indemnification Obligations [Table Text Block]</link:label>
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    <link:label id="lab_us-gaap_DerivativeTable_9D9819E2A0BC1D0AE389C6C5A1D3F5D4_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeTable_9D9819E2A0BC1D0AE389C6C5A1D3F5D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative [Table]</link:label>
    <link:label id="lab_us-gaap_DerivativeTable_9D9819E2A0BC1D0AE389C6C5A1D3F5D4_label_en-US" xlink:label="lab_us-gaap_DerivativeTable_9D9819E2A0BC1D0AE389C6C5A1D3F5D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="loc_us-gaap_DerivativeTable_9D9819E2A0BC1D0AE389C6C5A1D3F5D4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_E0B86AD21429736E00FEC6C5A1D3F73B_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_E0B86AD21429736E00FEC6C5A1D3F73B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_E0B86AD21429736E00FEC6C5A1D3F73B_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_E0B86AD21429736E00FEC6C5A1D3F73B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_E0B86AD21429736E00FEC6C5A1D3F73B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_E0B86AD21429736E00FEC6C5A1D3F73B" xlink:to="lab_us-gaap_DerivativeInstrumentRiskAxis_E0B86AD21429736E00FEC6C5A1D3F73B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_F17625754346F7E0AA6CC6C5A1D3060D_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_F17625754346F7E0AA6CC6C5A1D3060D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Contract [Domain]</link:label>
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_F17625754346F7E0AA6CC6C5A1D3060D_label_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_F17625754346F7E0AA6CC6C5A1D3060D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Contract [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_F17625754346F7E0AA6CC6C5A1D3060D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_F17625754346F7E0AA6CC6C5A1D3060D" xlink:to="lab_us-gaap_DerivativeContractTypeDomain_F17625754346F7E0AA6CC6C5A1D3060D" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateLockCommitmentsMember_E33F4F05CFDE6E12F00BC6C5A1D3DEDB_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateLockCommitmentsMember_E33F4F05CFDE6E12F00BC6C5A1D3DEDB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Lock Commitments [Member]</link:label>
    <link:label id="lab_us-gaap_InterestRateLockCommitmentsMember_E33F4F05CFDE6E12F00BC6C5A1D3DEDB_label_en-US" xlink:label="lab_us-gaap_InterestRateLockCommitmentsMember_E33F4F05CFDE6E12F00BC6C5A1D3DEDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Lock Commitments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateLockCommitmentsMember" xlink:label="loc_us-gaap_InterestRateLockCommitmentsMember_E33F4F05CFDE6E12F00BC6C5A1D3DEDB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateLockCommitmentsMember_E33F4F05CFDE6E12F00BC6C5A1D3DEDB" xlink:to="lab_us-gaap_InterestRateLockCommitmentsMember_E33F4F05CFDE6E12F00BC6C5A1D3DEDB" xlink:type="arc" />
    <link:label id="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_1FA8873BD4BC88EF5AA6C6C5A1D3D026_terseLabel_en-US" xlink:label="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_1FA8873BD4BC88EF5AA6C6C5A1D3D026" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward Mortgage Backed Securities Trades [Member]</link:label>
    <link:label id="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_1FA8873BD4BC88EF5AA6C6C5A1D3D026_label_en-US" xlink:label="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_1FA8873BD4BC88EF5AA6C6C5A1D3D026" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forward Mortgage Backed Securities Trades [Member]</link:label>
    <link:label id="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_1FA8873BD4BC88EF5AA6C6C5A1D3D026_documentation_en-US" xlink:label="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_1FA8873BD4BC88EF5AA6C6C5A1D3D026" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents a forward mortgage backed securities trades.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ForwardMortgageBackedSecuritiesTradesMember" xlink:label="loc_ocn_ForwardMortgageBackedSecuritiesTradesMember_1FA8873BD4BC88EF5AA6C6C5A1D3D026" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ForwardMortgageBackedSecuritiesTradesMember_1FA8873BD4BC88EF5AA6C6C5A1D3D026" xlink:to="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_1FA8873BD4BC88EF5AA6C6C5A1D3D026" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateCapMember_D020AB3474658673D8DCC6C5A1D3BE03_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateCapMember_D020AB3474658673D8DCC6C5A1D3BE03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Cap [Member]</link:label>
    <link:label id="lab_us-gaap_InterestRateCapMember_D020AB3474658673D8DCC6C5A1D3BE03_label_en-US" xlink:label="lab_us-gaap_InterestRateCapMember_D020AB3474658673D8DCC6C5A1D3BE03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Cap [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateCapMember" xlink:label="loc_us-gaap_InterestRateCapMember_D020AB3474658673D8DCC6C5A1D3BE03" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateCapMember_D020AB3474658673D8DCC6C5A1D3BE03" xlink:to="lab_us-gaap_InterestRateCapMember_D020AB3474658673D8DCC6C5A1D3BE03" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeLineItems_FE0FEEAF448E73F3624FC6C5A1D30A76_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_FE0FEEAF448E73F3624FC6C5A1D30A76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative [Line Items]</link:label>
    <link:label id="lab_us-gaap_DerivativeLineItems_FE0FEEAF448E73F3624FC6C5A1D30A76_label_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_FE0FEEAF448E73F3624FC6C5A1D30A76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="loc_us-gaap_DerivativeLineItems_FE0FEEAF448E73F3624FC6C5A1D30A76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLineItems_FE0FEEAF448E73F3624FC6C5A1D30A76" xlink:to="lab_us-gaap_DerivativeLineItems_FE0FEEAF448E73F3624FC6C5A1D30A76" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeNotionalBalanceRollForward_13E8220FE995951E172FC6C5A1D34370_terseLabel_en-US" xlink:label="lab_ocn_DerivativeNotionalBalanceRollForward_13E8220FE995951E172FC6C5A1D34370" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Notional Balance [Roll Forward]</link:label>
    <link:label id="lab_ocn_DerivativeNotionalBalanceRollForward_13E8220FE995951E172FC6C5A1D34370_label_en-US" xlink:label="lab_ocn_DerivativeNotionalBalanceRollForward_13E8220FE995951E172FC6C5A1D34370" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Notional Balance [Roll Forward]</link:label>
    <link:label id="lab_ocn_DerivativeNotionalBalanceRollForward_13E8220FE995951E172FC6C5A1D34370_documentation_en-US" xlink:label="lab_ocn_DerivativeNotionalBalanceRollForward_13E8220FE995951E172FC6C5A1D34370" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Notional Balance [Roll Forward]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_DerivativeNotionalBalanceRollForward" xlink:label="loc_ocn_DerivativeNotionalBalanceRollForward_13E8220FE995951E172FC6C5A1D34370" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeNotionalBalanceRollForward_13E8220FE995951E172FC6C5A1D34370" xlink:to="lab_ocn_DerivativeNotionalBalanceRollForward_13E8220FE995951E172FC6C5A1D34370" xlink:type="arc" />
    <link:label id="lab_invest_DerivativeNotionalAmount_D26B07CFC404D61F0D61C6C5A1D30C67_periodStartLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_D26B07CFC404D61F0D61C6C5A1D30C67" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Notional Amount, beginning balance</link:label>
    <link:label id="lab_invest_DerivativeNotionalAmount_D26B07CFC404D61F0D61C6C5A1D30C67_label_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_D26B07CFC404D61F0D61C6C5A1D30C67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Notional Amount</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_D26B07CFC404D61F0D61C6C5A1D30C67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_D26B07CFC404D61F0D61C6C5A1D30C67" xlink:to="lab_invest_DerivativeNotionalAmount_D26B07CFC404D61F0D61C6C5A1D30C67" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeAdditions_51B78B2CAB0C599C45A6C6C5A1D3A796_terseLabel_en-US" xlink:label="lab_ocn_DerivativeAdditions_51B78B2CAB0C599C45A6C6C5A1D3A796" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Additions</link:label>
    <link:label id="lab_ocn_DerivativeAdditions_51B78B2CAB0C599C45A6C6C5A1D3A796_label_en-US" xlink:label="lab_ocn_DerivativeAdditions_51B78B2CAB0C599C45A6C6C5A1D3A796" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Additions</link:label>
    <link:label id="lab_ocn_DerivativeAdditions_51B78B2CAB0C599C45A6C6C5A1D3A796_documentation_en-US" xlink:label="lab_ocn_DerivativeAdditions_51B78B2CAB0C599C45A6C6C5A1D3A796" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents an increase in derivative instruments during the period.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_DerivativeAdditions" xlink:label="loc_ocn_DerivativeAdditions_51B78B2CAB0C599C45A6C6C5A1D3A796" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeAdditions_51B78B2CAB0C599C45A6C6C5A1D3A796" xlink:to="lab_ocn_DerivativeAdditions_51B78B2CAB0C599C45A6C6C5A1D3A796" xlink:type="arc" />
    <link:label id="lab_ocn_AmortizationOfDerivative_2C9A8A2F485A70651ED0C6C5A1D3DD8B_negatedTerseLabel_en-US" xlink:label="lab_ocn_AmortizationOfDerivative_2C9A8A2F485A70651ED0C6C5A1D3DD8B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Amortization Of Derivative</link:label>
    <link:label id="lab_ocn_AmortizationOfDerivative_2C9A8A2F485A70651ED0C6C5A1D3DD8B_label_en-US" xlink:label="lab_ocn_AmortizationOfDerivative_2C9A8A2F485A70651ED0C6C5A1D3DD8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization Of Derivative</link:label>
    <link:label id="lab_ocn_AmortizationOfDerivative_2C9A8A2F485A70651ED0C6C5A1D3DD8B_documentation_en-US" xlink:label="lab_ocn_AmortizationOfDerivative_2C9A8A2F485A70651ED0C6C5A1D3DD8B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents amount for amortization of derivative instruments during the period.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AmortizationOfDerivative" xlink:label="loc_ocn_AmortizationOfDerivative_2C9A8A2F485A70651ED0C6C5A1D3DD8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AmortizationOfDerivative_2C9A8A2F485A70651ED0C6C5A1D3DD8B" xlink:to="lab_ocn_AmortizationOfDerivative_2C9A8A2F485A70651ED0C6C5A1D3DD8B" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeMaturities_69D9DD393415BFA0B881C6C5A1D3C107_negatedTerseLabel_en-US" xlink:label="lab_ocn_DerivativeMaturities_69D9DD393415BFA0B881C6C5A1D3C107" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Derivative Maturities</link:label>
    <link:label id="lab_ocn_DerivativeMaturities_69D9DD393415BFA0B881C6C5A1D3C107_label_en-US" xlink:label="lab_ocn_DerivativeMaturities_69D9DD393415BFA0B881C6C5A1D3C107" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Maturities</link:label>
    <link:label id="lab_ocn_DerivativeMaturities_69D9DD393415BFA0B881C6C5A1D3C107_documentation_en-US" xlink:label="lab_ocn_DerivativeMaturities_69D9DD393415BFA0B881C6C5A1D3C107" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents amount for maturities of derivative instruments during the period.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_DerivativeMaturities" xlink:label="loc_ocn_DerivativeMaturities_69D9DD393415BFA0B881C6C5A1D3C107" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeMaturities_69D9DD393415BFA0B881C6C5A1D3C107" xlink:to="lab_ocn_DerivativeMaturities_69D9DD393415BFA0B881C6C5A1D3C107" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeTerminations_D5257367B93A89B229AAC6C5A1D39847_negatedTerseLabel_en-US" xlink:label="lab_ocn_DerivativeTerminations_D5257367B93A89B229AAC6C5A1D39847" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Derivative Terminations</link:label>
    <link:label id="lab_ocn_DerivativeTerminations_D5257367B93A89B229AAC6C5A1D39847_label_en-US" xlink:label="lab_ocn_DerivativeTerminations_D5257367B93A89B229AAC6C5A1D39847" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Terminations</link:label>
    <link:label id="lab_ocn_DerivativeTerminations_D5257367B93A89B229AAC6C5A1D39847_documentation_en-US" xlink:label="lab_ocn_DerivativeTerminations_D5257367B93A89B229AAC6C5A1D39847" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents amount for termination of derivative instruments during the period.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_DerivativeTerminations" xlink:label="loc_ocn_DerivativeTerminations_D5257367B93A89B229AAC6C5A1D39847" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeTerminations_D5257367B93A89B229AAC6C5A1D39847" xlink:to="lab_ocn_DerivativeTerminations_D5257367B93A89B229AAC6C5A1D39847" xlink:type="arc" />
    <link:label id="lab_invest_DerivativeNotionalAmount_36D38DFE09887606116AC6C5A1D3C0F5_periodEndLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_36D38DFE09887606116AC6C5A1D3C0F5" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Notional Amount, ending balance</link:label>
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    <link:label id="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_1BF0D3B16D386A6CEA0EC6C5A1D30D67_terseLabel_en-US" xlink:label="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_1BF0D3B16D386A6CEA0EC6C5A1D30D67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of derivative assets (liabilities) at:</link:label>
    <link:label id="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_1BF0D3B16D386A6CEA0EC6C5A1D30D67_label_en-US" xlink:label="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_1BF0D3B16D386A6CEA0EC6C5A1D30D67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair value of derivative assets (liabilities) at: [Abstract]</link:label>
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    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeNet_F2AF717C5F7FB80943FDC6C5A1D3BEE5_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeNet_F2AF717C5F7FB80943FDC6C5A1D3BEE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Fair Value, Net</link:label>
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeNet_F2AF717C5F7FB80943FDC6C5A1D3BEE5_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeNet_F2AF717C5F7FB80943FDC6C5A1D3BEE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Fair Value, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeNet" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeNet_F2AF717C5F7FB80943FDC6C5A1D3BEE5" xlink:type="locator" />
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    <link:label id="lab_ocn_DerivativeMaturityPeriod_C136EB39639DFC560B50C6C5A1D34D18_terseLabel_en-US" xlink:label="lab_ocn_DerivativeMaturityPeriod_C136EB39639DFC560B50C6C5A1D34D18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Maturity Period</link:label>
    <link:label id="lab_ocn_DerivativeMaturityPeriod_C136EB39639DFC560B50C6C5A1D34D18_label_en-US" xlink:label="lab_ocn_DerivativeMaturityPeriod_C136EB39639DFC560B50C6C5A1D34D18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Maturity Period</link:label>
    <link:label id="lab_ocn_DerivativeMaturityPeriod_C136EB39639DFC560B50C6C5A1D34D18_documentation_en-US" xlink:label="lab_ocn_DerivativeMaturityPeriod_C136EB39639DFC560B50C6C5A1D34D18" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents a maturity period of derivative.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_DerivativeMaturityPeriod" xlink:label="loc_ocn_DerivativeMaturityPeriod_C136EB39639DFC560B50C6C5A1D34D18" xlink:type="locator" />
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    <link:label id="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_5A6BF88A6CA1C7C900F0C6C5A44441AC_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_5A6BF88A6CA1C7C900F0C6C5A44441AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Loans Held for Sale Fair Value</link:label>
    <link:label id="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_5A6BF88A6CA1C7C900F0C6C5A44441AC_label_en-US" xlink:label="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_5A6BF88A6CA1C7C900F0C6C5A44441AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held For Sale Carried At Fair Value [Table Text Block]</link:label>
    <link:label id="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_5A6BF88A6CA1C7C900F0C6C5A44441AC_documentation_en-US" xlink:label="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_5A6BF88A6CA1C7C900F0C6C5A44441AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans Held For Sale Carried At Fair Value [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock" xlink:label="loc_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_5A6BF88A6CA1C7C900F0C6C5A44441AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_5A6BF88A6CA1C7C900F0C6C5A44441AC" xlink:to="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_5A6BF88A6CA1C7C900F0C6C5A44441AC" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_B79A3303C5F544E55DE3C6C5A4445DA5_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_B79A3303C5F544E55DE3C6C5A4445DA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Loans Held For Sale At Lower Cost Or Fair Value, Activity</link:label>
    <link:label id="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_B79A3303C5F544E55DE3C6C5A4445DA5_label_en-US" xlink:label="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_B79A3303C5F544E55DE3C6C5A4445DA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Loans Held For Sale At Lower Cost Or Fair Value, Activity [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_B79A3303C5F544E55DE3C6C5A4445DA5_documentation_en-US" xlink:label="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_B79A3303C5F544E55DE3C6C5A4445DA5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Loans Held For Sale At Lower Cost Or Fair Value, Activity [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock" xlink:label="loc_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_B79A3303C5F544E55DE3C6C5A4445DA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_B79A3303C5F544E55DE3C6C5A4445DA5" xlink:to="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_B79A3303C5F544E55DE3C6C5A4445DA5" xlink:type="arc" />
    <link:label id="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_2BCAAFB4038F4080FE21C6C5A444682D_terseLabel_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_2BCAAFB4038F4080FE21C6C5A444682D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Gains on Loans Held for Sale</link:label>
    <link:label id="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_2BCAAFB4038F4080FE21C6C5A444682D_label_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_2BCAAFB4038F4080FE21C6C5A444682D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain On Loans Held For Sale [Table Text Block]</link:label>
    <link:label id="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_2BCAAFB4038F4080FE21C6C5A444682D_documentation_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_2BCAAFB4038F4080FE21C6C5A444682D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain On Loans Held For Sale [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_GainOnLoansHeldForSaleTableTextBlock" xlink:label="loc_ocn_GainOnLoansHeldForSaleTableTextBlock_2BCAAFB4038F4080FE21C6C5A444682D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainOnLoansHeldForSaleTableTextBlock_2BCAAFB4038F4080FE21C6C5A444682D" xlink:to="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_2BCAAFB4038F4080FE21C6C5A444682D" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_7E2BB0B990E932A0BD77C6C5A2DC7599_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_7E2BB0B990E932A0BD77C6C5A2DC7599" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2015</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_7E2BB0B990E932A0BD77C6C5A2DC7599_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_7E2BB0B990E932A0BD77C6C5A2DC7599" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_7E2BB0B990E932A0BD77C6C5A2DC7599" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_7E2BB0B990E932A0BD77C6C5A2DC7599" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_7E2BB0B990E932A0BD77C6C5A2DC7599" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_ED3705E1F134892E8E0AC6C5A2DC3AED_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_ED3705E1F134892E8E0AC6C5A2DC3AED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2016</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_ED3705E1F134892E8E0AC6C5A2DC3AED_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_ED3705E1F134892E8E0AC6C5A2DC3AED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Year Two</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_ED3705E1F134892E8E0AC6C5A2DC3AED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_ED3705E1F134892E8E0AC6C5A2DC3AED" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_ED3705E1F134892E8E0AC6C5A2DC3AED" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_6FB9E18EA97119F2408DC6C5A2DC12F9_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_6FB9E18EA97119F2408DC6C5A2DC12F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_6FB9E18EA97119F2408DC6C5A2DC12F9_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_6FB9E18EA97119F2408DC6C5A2DC12F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Year Three</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_6FB9E18EA97119F2408DC6C5A2DC12F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_6FB9E18EA97119F2408DC6C5A2DC12F9" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_6FB9E18EA97119F2408DC6C5A2DC12F9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_943FE94CE04BEF3F4B6EC6C5A2DCF5CB_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_943FE94CE04BEF3F4B6EC6C5A2DCF5CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_943FE94CE04BEF3F4B6EC6C5A2DCF5CB_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_943FE94CE04BEF3F4B6EC6C5A2DCF5CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Year Four</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_943FE94CE04BEF3F4B6EC6C5A2DCF5CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_943FE94CE04BEF3F4B6EC6C5A2DCF5CB" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_943FE94CE04BEF3F4B6EC6C5A2DCF5CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_276A4DDC04033B8B062AC6C5A2DCE6CD_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_276A4DDC04033B8B062AC6C5A2DCE6CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_276A4DDC04033B8B062AC6C5A2DCE6CD_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_276A4DDC04033B8B062AC6C5A2DCE6CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_276A4DDC04033B8B062AC6C5A2DCE6CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_276A4DDC04033B8B062AC6C5A2DCE6CD" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_276A4DDC04033B8B062AC6C5A2DCE6CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_5EB9700780D81B438F18C6C5A08BDF75_terseLabel_en-US" xlink:label="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_5EB9700780D81B438F18C6C5A08BDF75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables</link:label>
    <link:label id="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_5EB9700780D81B438F18C6C5A08BDF75_label_en-US" xlink:label="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_5EB9700780D81B438F18C6C5A08BDF75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans, Notes, Trade and Other Receivables Disclosure [Text Block]</link:label>
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    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_317FAAFA58E0BF4195C7C6C5A379A3A1_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_317FAAFA58E0BF4195C7C6C5A379A3A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Financing Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="loc_us-gaap_AmortizationOfFinancingCosts_317FAAFA58E0BF4195C7C6C5A379A3A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCosts_317FAAFA58E0BF4195C7C6C5A379A3A1" xlink:to="lab_us-gaap_AmortizationOfFinancingCosts_317FAAFA58E0BF4195C7C6C5A379A3A1" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityRollForward_EE06EB3012E29C819440C6C5A434C9F8_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityRollForward_EE06EB3012E29C819440C6C5A434C9F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indemnification Obligations Liability [Roll Forward]</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityRollForward_EE06EB3012E29C819440C6C5A434C9F8_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityRollForward_EE06EB3012E29C819440C6C5A434C9F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indemnification Obligations Liability [Roll Forward]</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityRollForward_EE06EB3012E29C819440C6C5A434C9F8_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityRollForward_EE06EB3012E29C819440C6C5A434C9F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_IndemnificationObligationsLiabilityRollForward" xlink:label="loc_ocn_IndemnificationObligationsLiabilityRollForward_EE06EB3012E29C819440C6C5A434C9F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityRollForward_EE06EB3012E29C819440C6C5A434C9F8" xlink:to="lab_ocn_IndemnificationObligationsLiabilityRollForward_EE06EB3012E29C819440C6C5A434C9F8" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiability_C84713A73446A15949F4C6C5A43403B1_periodStartLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_C84713A73446A15949F4C6C5A43403B1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at December 31, 2013</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiability_C84713A73446A15949F4C6C5A43403B1_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_C84713A73446A15949F4C6C5A43403B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indemnification Obligations Liability</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiability_C84713A73446A15949F4C6C5A43403B1_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_C84713A73446A15949F4C6C5A43403B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the liability for indemnification obligations.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_IndemnificationObligationsLiability" xlink:label="loc_ocn_IndemnificationObligationsLiability_C84713A73446A15949F4C6C5A43403B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiability_C84713A73446A15949F4C6C5A43403B1" xlink:to="lab_ocn_IndemnificationObligationsLiability_C84713A73446A15949F4C6C5A43403B1" xlink:type="arc" />
    <link:label id="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_CB3653B77300E3854D5BC6C5A434E0D3_terseLabel_en-US" xlink:label="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_CB3653B77300E3854D5BC6C5A434E0D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for representation and warranty obligations</link:label>
    <link:label id="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_CB3653B77300E3854D5BC6C5A434E0D3_label_en-US" xlink:label="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_CB3653B77300E3854D5BC6C5A434E0D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision For Representation And Warranty Obligations</link:label>
    <link:label id="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_CB3653B77300E3854D5BC6C5A434E0D3_documentation_en-US" xlink:label="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_CB3653B77300E3854D5BC6C5A434E0D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents provision for representation and warranty obligations.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ProvisionForRepresentationAndWarrantyObligations" xlink:label="loc_ocn_ProvisionForRepresentationAndWarrantyObligations_CB3653B77300E3854D5BC6C5A434E0D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProvisionForRepresentationAndWarrantyObligations_CB3653B77300E3854D5BC6C5A434E0D3" xlink:to="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_CB3653B77300E3854D5BC6C5A434E0D3" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityReserves_E93C350E77765F59EF69C6C5A43446EC_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityReserves_E93C350E77765F59EF69C6C5A43446EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New production reserves</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityReserves_E93C350E77765F59EF69C6C5A43446EC_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityReserves_E93C350E77765F59EF69C6C5A43446EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indemnification Obligations Liability Reserves</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityReserves_E93C350E77765F59EF69C6C5A43446EC_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityReserves_E93C350E77765F59EF69C6C5A43446EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents addition of indemnification obligations reserves for new loan production during the period.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_IndemnificationObligationsLiabilityReserves" xlink:label="loc_ocn_IndemnificationObligationsLiabilityReserves_E93C350E77765F59EF69C6C5A43446EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityReserves_E93C350E77765F59EF69C6C5A43446EC" xlink:to="lab_ocn_IndemnificationObligationsLiabilityReserves_E93C350E77765F59EF69C6C5A43446EC" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions_7E848822E9619BE5820DC6C5A43417C2_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions_7E848822E9619BE5820DC6C5A43417C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Obligations assumed in connection with MSR and servicing business acquisitions</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions_7E848822E9619BE5820DC6C5A43417C2_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions_7E848822E9619BE5820DC6C5A43417C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indemnification Obligations Assumed With Msr And Servicing Business Acquisitions</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions_7E848822E9619BE5820DC6C5A43417C2_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions_7E848822E9619BE5820DC6C5A43417C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents indemnification obligations assumed in connection with MSR and servicing business acquisitions.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions" xlink:label="loc_ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions_7E848822E9619BE5820DC6C5A43417C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions_7E848822E9619BE5820DC6C5A43417C2" xlink:to="lab_ocn_IndemnificationObligationsAssumedWithMsrAndServicingBusinessAcquisitions_7E848822E9619BE5820DC6C5A43417C2" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_9ECE3AE13B29B9647D58C6C5A43447FA_negatedTerseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_9ECE3AE13B29B9647D58C6C5A43447FA" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Charge-offs and other</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_9ECE3AE13B29B9647D58C6C5A43447FA_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_9ECE3AE13B29B9647D58C6C5A43447FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indemnification Obligations Liability Charge Offs</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_9ECE3AE13B29B9647D58C6C5A43447FA_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_9ECE3AE13B29B9647D58C6C5A43447FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents amount of charge-offs against indemnification obligations liability.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_IndemnificationObligationsLiabilityChargeOffs" xlink:label="loc_ocn_IndemnificationObligationsLiabilityChargeOffs_9ECE3AE13B29B9647D58C6C5A43447FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityChargeOffs_9ECE3AE13B29B9647D58C6C5A43447FA" xlink:to="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_9ECE3AE13B29B9647D58C6C5A43447FA" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiability_A759405311217EC5CDA9C6C5A4347A90_periodEndLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_A759405311217EC5CDA9C6C5A4347A90" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at March 31, 2014</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_IndemnificationObligationsLiability" xlink:label="loc_ocn_IndemnificationObligationsLiability_A759405311217EC5CDA9C6C5A4347A90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiability_A759405311217EC5CDA9C6C5A4347A90" xlink:to="lab_ocn_IndemnificationObligationsLiability_A759405311217EC5CDA9C6C5A4347A90" xlink:type="arc" />
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced_361B9982F1270C9B8916C6C5A1855541_terseLabel_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced_361B9982F1270C9B8916C6C5A1855541" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Small Balance Commercial Loans Serviced</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced_361B9982F1270C9B8916C6C5A1855541_label_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced_361B9982F1270C9B8916C6C5A1855541" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced_361B9982F1270C9B8916C6C5A1855541_documentation_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced_361B9982F1270C9B8916C6C5A1855541" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The unpaid principal balance of small balance commerical loans serviced.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced" xlink:label="loc_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced_361B9982F1270C9B8916C6C5A1855541" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced_361B9982F1270C9B8916C6C5A1855541" xlink:to="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommericalLoansServiced_361B9982F1270C9B8916C6C5A1855541" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DCD977B39E356DCE1332C6C5A1851AE0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DCD977B39E356DCE1332C6C5A1851AE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DCD977B39E356DCE1332C6C5A1851AE0_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DCD977B39E356DCE1332C6C5A1851AE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset" xlink:label="loc_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DCD977B39E356DCE1332C6C5A1851AE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DCD977B39E356DCE1332C6C5A1851AE0" xlink:to="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DCD977B39E356DCE1332C6C5A1851AE0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_4553E67BF32745B9D28EC6C5A22160BA_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_4553E67BF32745B9D28EC6C5A22160BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_4553E67BF32745B9D28EC6C5A22160BA_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_4553E67BF32745B9D28EC6C5A22160BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_4553E67BF32745B9D28EC6C5A22160BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_4553E67BF32745B9D28EC6C5A22160BA" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_4553E67BF32745B9D28EC6C5A22160BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_0229A23B702A94F61087C6C5A221858A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_0229A23B702A94F61087C6C5A221858A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Income tax expense</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_0229A23B702A94F61087C6C5A221858A_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_0229A23B702A94F61087C6C5A221858A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_0229A23B702A94F61087C6C5A221858A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_0229A23B702A94F61087C6C5A221858A" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_0229A23B702A94F61087C6C5A221858A" xlink:type="arc" />
    <link:label id="lab_ocn_DebtServiceAccounts_431EDC8F0094ACE498E7C6C5A0AAEA9E_terseLabel_en-US" xlink:label="lab_ocn_DebtServiceAccounts_431EDC8F0094ACE498E7C6C5A0AAEA9E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt service accounts</link:label>
    <link:label id="lab_ocn_DebtServiceAccounts_431EDC8F0094ACE498E7C6C5A0AAEA9E_label_en-US" xlink:label="lab_ocn_DebtServiceAccounts_431EDC8F0094ACE498E7C6C5A0AAEA9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Service Accounts</link:label>
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    <link:label id="lab_ocn_MortgageServicingRightsMember_68755B9E082972D82359C6C5A28E4050_documentation_en-US" xlink:label="lab_ocn_MortgageServicingRightsMember_68755B9E082972D82359C6C5A28E4050" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents a contractual agreement where the right, or rights, to service an existing mortgage are sold by the original lender to another party who specializes in the various functions of servicing mortgages.</link:label>
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    <link:label id="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_3BB9821304CB9C531235C6C5A28E6FBA_terseLabel_en-US" xlink:label="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_3BB9821304CB9C531235C6C5A28E6FBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OSI [Member]</link:label>
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    <link:label id="lab_ocn_ResCapMember_F76DFDABB9EA0A2A17FEC6C5A28EAFC3_verboseLabel_en-US" xlink:label="lab_ocn_ResCapMember_F76DFDABB9EA0A2A17FEC6C5A28EAFC3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">ResCap Acquisition [Member]</link:label>
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    <link:label id="lab_ocn_OneWestMSRTransactionMember_44D12A25A4C5BBC1F33AC6C5A28EF5A9_terseLabel_en-US" xlink:label="lab_ocn_OneWestMSRTransactionMember_44D12A25A4C5BBC1F33AC6C5A28EF5A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OneWest MSR Transaction [Member]</link:label>
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    <link:label id="lab_ocn_AssetAcquisitionLoansUnpaidPrincipalBalance_C968AE9EB0609994A015C6C5A29E5876_terseLabel_en-US" xlink:label="lab_ocn_AssetAcquisitionLoansUnpaidPrincipalBalance_C968AE9EB0609994A015C6C5A29E5876" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset Acquisition Loans Unpaid Principal Balance</link:label>
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    <link:label id="lab_ocn_AssetAcquisitionLoansUnpaidPrincipalBalance_C968AE9EB0609994A015C6C5A29E5876_documentation_en-US" xlink:label="lab_ocn_AssetAcquisitionLoansUnpaidPrincipalBalance_C968AE9EB0609994A015C6C5A29E5876" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the unpaid principal balance of loans related to servicing acquired in connection with the acquisition of servicing assets.</link:label>
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    <link:label id="lab_ocn_AssetAcquisitionAdvancesAcquired_8F082EEC00DB32BFF57AC6C5A29E9B6F_terseLabel_en-US" xlink:label="lab_ocn_AssetAcquisitionAdvancesAcquired_8F082EEC00DB32BFF57AC6C5A29E9B6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset Acquisition Advances Acquired</link:label>
    <link:label id="lab_ocn_AssetAcquisitionAdvancesAcquired_8F082EEC00DB32BFF57AC6C5A29E9B6F_label_en-US" xlink:label="lab_ocn_AssetAcquisitionAdvancesAcquired_8F082EEC00DB32BFF57AC6C5A29E9B6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Acquisition Advances Acquired</link:label>
    <link:label id="lab_ocn_AssetAcquisitionAdvancesAcquired_8F082EEC00DB32BFF57AC6C5A29E9B6F_documentation_en-US" xlink:label="lab_ocn_AssetAcquisitionAdvancesAcquired_8F082EEC00DB32BFF57AC6C5A29E9B6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of non-interest-bearing servicing advances acquired in connection with the acquisition of servicing assets.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AssetAcquisitionAdvancesAcquired" xlink:label="loc_ocn_AssetAcquisitionAdvancesAcquired_8F082EEC00DB32BFF57AC6C5A29E9B6F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_3914BEE5E02AA2D5A9BCC6C5A29E2ABA_terseLabel_en-US" xlink:label="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_3914BEE5E02AA2D5A9BCC6C5A29E2ABA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement</link:label>
    <link:label id="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_3914BEE5E02AA2D5A9BCC6C5A29E2ABA_label_en-US" xlink:label="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_3914BEE5E02AA2D5A9BCC6C5A29E2ABA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement</link:label>
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    <link:label id="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_F040F5238A3265AE07BFC6C5A1B397B8_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_F040F5238A3265AE07BFC6C5A1B397B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
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    <link:label id="lab_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_69AC5EAFF1B656310193C6C5A1B31CFA_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_69AC5EAFF1B656310193C6C5A1B31CFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
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    <link:label id="lab_ocn_ServicingAdvancesMember_A90B3F97D2FE225E30B0C6C5A0F88546_terseLabel_en-US" xlink:label="lab_ocn_ServicingAdvancesMember_A90B3F97D2FE225E30B0C6C5A0F88546" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing Advances [Member]</link:label>
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    <link:label id="lab_ocn_ServicingAdvancesMember_A90B3F97D2FE225E30B0C6C5A0F88546_documentation_en-US" xlink:label="lab_ocn_ServicingAdvancesMember_A90B3F97D2FE225E30B0C6C5A0F88546" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Servicing Advances [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ServicingAdvancesMember" xlink:label="loc_ocn_ServicingAdvancesMember_A90B3F97D2FE225E30B0C6C5A0F88546" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAdvancesMember_A90B3F97D2FE225E30B0C6C5A0F88546" xlink:to="lab_ocn_ServicingAdvancesMember_A90B3F97D2FE225E30B0C6C5A0F88546" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_8BA4D1A485A725AB252CC6C5A0F8636A_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_8BA4D1A485A725AB252CC6C5A0F8636A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_8BA4D1A485A725AB252CC6C5A0F8636A_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_8BA4D1A485A725AB252CC6C5A0F8636A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_8BA4D1A485A725AB252CC6C5A0F8636A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_8BA4D1A485A725AB252CC6C5A0F8636A" xlink:to="lab_us-gaap_TitleOfIndividualAxis_8BA4D1A485A725AB252CC6C5A0F8636A" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E89B1EE333FE7BA67117C6C5A0F88CED_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E89B1EE333FE7BA67117C6C5A0F88CED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of Individual with Relationship to Entity [Domain]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E89B1EE333FE7BA67117C6C5A0F88CED_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E89B1EE333FE7BA67117C6C5A0F88CED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E89B1EE333FE7BA67117C6C5A0F88CED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E89B1EE333FE7BA67117C6C5A0F88CED" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E89B1EE333FE7BA67117C6C5A0F88CED" xlink:type="arc" />
    <link:label id="lab_us-gaap_BoardOfDirectorsChairmanMember_45F3616560A4553F401AC6C5A0F8EDD4_terseLabel_en-US" xlink:label="lab_us-gaap_BoardOfDirectorsChairmanMember_45F3616560A4553F401AC6C5A0F8EDD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Executive Chairman of the Board of Directors Chairman [Member]</link:label>
    <link:label id="lab_us-gaap_BoardOfDirectorsChairmanMember_45F3616560A4553F401AC6C5A0F8EDD4_label_en-US" xlink:label="lab_us-gaap_BoardOfDirectorsChairmanMember_45F3616560A4553F401AC6C5A0F8EDD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Board of Directors Chairman [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BoardOfDirectorsChairmanMember" xlink:label="loc_us-gaap_BoardOfDirectorsChairmanMember_45F3616560A4553F401AC6C5A0F8EDD4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BoardOfDirectorsChairmanMember_45F3616560A4553F401AC6C5A0F8EDD4" xlink:to="lab_us-gaap_BoardOfDirectorsChairmanMember_45F3616560A4553F401AC6C5A0F8EDD4" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceMember_D3FB77AF6C37995B0136C6C5A0F8F432_terseLabel_en-US" xlink:label="lab_ocn_AltisourceMember_D3FB77AF6C37995B0136C6C5A0F8F432" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Altisource [Member]</link:label>
    <link:label id="lab_ocn_AltisourceMember_D3FB77AF6C37995B0136C6C5A0F8F432_label_en-US" xlink:label="lab_ocn_AltisourceMember_D3FB77AF6C37995B0136C6C5A0F8F432" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Altisource [Member]</link:label>
    <link:label id="lab_ocn_AltisourceMember_D3FB77AF6C37995B0136C6C5A0F8F432_documentation_en-US" xlink:label="lab_ocn_AltisourceMember_D3FB77AF6C37995B0136C6C5A0F8F432" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Specific acquisition.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AltisourceMember" xlink:label="loc_ocn_AltisourceMember_D3FB77AF6C37995B0136C6C5A0F8F432" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceMember_D3FB77AF6C37995B0136C6C5A0F8F432" xlink:to="lab_ocn_AltisourceMember_D3FB77AF6C37995B0136C6C5A0F8F432" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationMember_AB6F4D416DE8CF23266AC6C5A0F855EA_terseLabel_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_AB6F4D416DE8CF23266AC6C5A0F855EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Altisource Asset Management Corporation [Member]</link:label>
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationMember_AB6F4D416DE8CF23266AC6C5A0F855EA_label_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_AB6F4D416DE8CF23266AC6C5A0F855EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Altisource Asset Management Corporation [Member]</link:label>
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationMember_AB6F4D416DE8CF23266AC6C5A0F855EA_documentation_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_AB6F4D416DE8CF23266AC6C5A0F855EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the Altisource Asset Management Corporation (AAMC).</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AltisourceAssetManagementCorporationMember" xlink:label="loc_ocn_AltisourceAssetManagementCorporationMember_AB6F4D416DE8CF23266AC6C5A0F855EA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceAssetManagementCorporationMember_AB6F4D416DE8CF23266AC6C5A0F855EA" xlink:to="lab_ocn_AltisourceAssetManagementCorporationMember_AB6F4D416DE8CF23266AC6C5A0F855EA" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceResidentialLpMember_D8D2EFEB94620E040434C6C5A0F89341_terseLabel_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_D8D2EFEB94620E040434C6C5A0F89341" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Altisource Residential Lp [Member]</link:label>
    <link:label id="lab_ocn_AltisourceResidentialLpMember_D8D2EFEB94620E040434C6C5A0F89341_label_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_D8D2EFEB94620E040434C6C5A0F89341" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Altisource Residential Lp [Member]</link:label>
    <link:label id="lab_ocn_AltisourceResidentialLpMember_D8D2EFEB94620E040434C6C5A0F89341_documentation_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_D8D2EFEB94620E040434C6C5A0F89341" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the Altisource Residential LP.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AltisourceResidentialLpMember" xlink:label="loc_ocn_AltisourceResidentialLpMember_D8D2EFEB94620E040434C6C5A0F89341" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceResidentialLpMember_D8D2EFEB94620E040434C6C5A0F89341" xlink:to="lab_ocn_AltisourceResidentialLpMember_D8D2EFEB94620E040434C6C5A0F89341" xlink:type="arc" />
    <link:label id="lab_dei_LegalEntityAxis_A12682C9F0C0701A2080C6C5A0F8B0AE_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis_A12682C9F0C0701A2080C6C5A0F8B0AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_A12682C9F0C0701A2080C6C5A0F8B0AE_label_en-US" xlink:label="lab_dei_LegalEntityAxis_A12682C9F0C0701A2080C6C5A0F8B0AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_A12682C9F0C0701A2080C6C5A0F8B0AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis_A12682C9F0C0701A2080C6C5A0F8B0AE" xlink:to="lab_dei_LegalEntityAxis_A12682C9F0C0701A2080C6C5A0F8B0AE" xlink:type="arc" />
    <link:label id="lab_dei_EntityDomain_8E8831ACBC935706D420C6C5A0F8FA06_terseLabel_en-US" xlink:label="lab_dei_EntityDomain_8E8831ACBC935706D420C6C5A0F8FA06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_8E8831ACBC935706D420C6C5A0F8FA06_label_en-US" xlink:label="lab_dei_EntityDomain_8E8831ACBC935706D420C6C5A0F8FA06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_8E8831ACBC935706D420C6C5A0F8FA06" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain_8E8831ACBC935706D420C6C5A0F8FA06" xlink:to="lab_dei_EntityDomain_8E8831ACBC935706D420C6C5A0F8FA06" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenMember_ADB94D45CDD15D0EF01FC6C5A0F8F143_terseLabel_en-US" xlink:label="lab_ocn_OcwenMember_ADB94D45CDD15D0EF01FC6C5A0F8F143" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ocwen [Member]</link:label>
    <link:label id="lab_ocn_OcwenMember_ADB94D45CDD15D0EF01FC6C5A0F8F143_label_en-US" xlink:label="lab_ocn_OcwenMember_ADB94D45CDD15D0EF01FC6C5A0F8F143" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen [Member]</link:label>
    <link:label id="lab_ocn_OcwenMember_ADB94D45CDD15D0EF01FC6C5A0F8F143_documentation_en-US" xlink:label="lab_ocn_OcwenMember_ADB94D45CDD15D0EF01FC6C5A0F8F143" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_OcwenMember" xlink:label="loc_ocn_OcwenMember_ADB94D45CDD15D0EF01FC6C5A0F8F143" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenMember_ADB94D45CDD15D0EF01FC6C5A0F8F143" xlink:to="lab_ocn_OcwenMember_ADB94D45CDD15D0EF01FC6C5A0F8F143" xlink:type="arc" />
    <link:label id="lab_ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage_818E8ED2DB402E92D1F6C6C5A0F8FCCA_terseLabel_en-US" xlink:label="lab_ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage_818E8ED2DB402E92D1F6C6C5A0F8FCCA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Ownership Interest in Parent Company and Subsidiaries, Percentage</link:label>
    <link:label id="lab_ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage_818E8ED2DB402E92D1F6C6C5A0F8FCCA_label_en-US" xlink:label="lab_ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage_818E8ED2DB402E92D1F6C6C5A0F8FCCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage</link:label>
    <link:label id="lab_ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage_818E8ED2DB402E92D1F6C6C5A0F8FCCA_documentation_en-US" xlink:label="lab_ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage_818E8ED2DB402E92D1F6C6C5A0F8FCCA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage" xlink:label="loc_ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage_818E8ED2DB402E92D1F6C6C5A0F8FCCA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage_818E8ED2DB402E92D1F6C6C5A0F8FCCA" xlink:to="lab_ocn_RelatedPartyOwnershipInterestInParentCompanyAndSubsidiariesPercentage_818E8ED2DB402E92D1F6C6C5A0F8FCCA" xlink:type="arc" />
    <link:label id="lab_ocn_OwnershipPercentageByRelatedParty_925B834851CA8EA13DCEC6C5A108EE5E_terseLabel_en-US" xlink:label="lab_ocn_OwnershipPercentageByRelatedParty_925B834851CA8EA13DCEC6C5A108EE5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership Percentage By Related Party</link:label>
    <link:label id="lab_ocn_OwnershipPercentageByRelatedParty_925B834851CA8EA13DCEC6C5A108EE5E_label_en-US" xlink:label="lab_ocn_OwnershipPercentageByRelatedParty_925B834851CA8EA13DCEC6C5A108EE5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership Percentage By Related Party</link:label>
    <link:label id="lab_ocn_OwnershipPercentageByRelatedParty_925B834851CA8EA13DCEC6C5A108EE5E_documentation_en-US" xlink:label="lab_ocn_OwnershipPercentageByRelatedParty_925B834851CA8EA13DCEC6C5A108EE5E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The related party's interest in net assets of the company, expressed as a percentage.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_OwnershipPercentageByRelatedParty" xlink:label="loc_ocn_OwnershipPercentageByRelatedParty_925B834851CA8EA13DCEC6C5A108EE5E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OwnershipPercentageByRelatedParty_925B834851CA8EA13DCEC6C5A108EE5E" xlink:to="lab_ocn_OwnershipPercentageByRelatedParty_925B834851CA8EA13DCEC6C5A108EE5E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_830689C6F2B7E90E6CDAC6C5A10896A4_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_830689C6F2B7E90E6CDAC6C5A10896A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_830689C6F2B7E90E6CDAC6C5A10896A4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_830689C6F2B7E90E6CDAC6C5A10896A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_830689C6F2B7E90E6CDAC6C5A10896A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_830689C6F2B7E90E6CDAC6C5A10896A4" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_830689C6F2B7E90E6CDAC6C5A10896A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6A9FAD4AB2D0D978EB44C6C5A108FBC8_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6A9FAD4AB2D0D978EB44C6C5A108FBC8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in Shares)</link:label>
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    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_052BCAB00CD7EE27679DC6C5A453FB34_terseLabel_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_052BCAB00CD7EE27679DC6C5A453FB34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Loans Related To Servicing Assets Sold</link:label>
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    <link:label id="lab_us-gaap_ScenarioPreviouslyReportedMember_1407405B2C3435A5E1BFC6C5A240BD5D_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioPreviouslyReportedMember_1407405B2C3435A5E1BFC6C5A240BD5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Initial Estimate [Member]</link:label>
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    <link:label id="lab_us-gaap_ScenarioAdjustmentMember_5B16CBA51B221CF6ECC0C6C5A240F784_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioAdjustmentMember_5B16CBA51B221CF6ECC0C6C5A240F784" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments [Member]</link:label>
    <link:label id="lab_us-gaap_ScenarioAdjustmentMember_5B16CBA51B221CF6ECC0C6C5A240F784_label_en-US" xlink:label="lab_us-gaap_ScenarioAdjustmentMember_5B16CBA51B221CF6ECC0C6C5A240F784" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario, Adjustment [Member]</link:label>
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    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_301971474BF8EBA1AE15C6C5A240132D_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_301971474BF8EBA1AE15C6C5A240132D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MSRs</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_301971474BF8EBA1AE15C6C5A240132D_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_301971474BF8EBA1AE15C6C5A240132D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition Purchase Price Allocation Mortgage Servicing Rights</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_301971474BF8EBA1AE15C6C5A240132D_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_301971474BF8EBA1AE15C6C5A240132D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to mortgage servicing rights.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" xlink:label="loc_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_301971474BF8EBA1AE15C6C5A240132D" xlink:type="locator" />
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    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_1A51F7168BBB9F38468BC6C5A2401A49_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_1A51F7168BBB9F38468BC6C5A2401A49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances and match funded advances</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_1A51F7168BBB9F38468BC6C5A2401A49_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_1A51F7168BBB9F38468BC6C5A2401A49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition Purchase Price Allocation Advances and Match Funded Advances</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_1A51F7168BBB9F38468BC6C5A2401A49_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_1A51F7168BBB9F38468BC6C5A2401A49" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to advances and match funded advances.</link:label>
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    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsNoncurrent_2801075A619E98E063E9C6C5A240EB8D_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsNoncurrent_2801075A619E98E063E9C6C5A240EB8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsNoncurrent_2801075A619E98E063E9C6C5A240EB8D_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsNoncurrent_2801075A619E98E063E9C6C5A240EB8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsNoncurrent" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsNoncurrent_2801075A619E98E063E9C6C5A240EB8D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_E54AB1041AFC8A884AD6C6C5A24017F3_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_E54AB1041AFC8A884AD6C6C5A24017F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premises and equipment</link:label>
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    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_A8096F06789F4998F320C6C5A24084B5_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_A8096F06789F4998F320C6C5A24084B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables and other assets</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_A8096F06789F4998F320C6C5A24084B5_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_A8096F06789F4998F320C6C5A24084B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition Purchase Price Allocation Current Assets Receivables and Other Assets</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_A8096F06789F4998F320C6C5A24084B5_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_A8096F06789F4998F320C6C5A24084B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to receivables and other assets.</link:label>
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    <link:label id="lab_ocn_IndemnificationObligationsLiability_535973C59FE8F676FDC7C6C5A2409524_negatedTerseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_535973C59FE8F676FDC7C6C5A2409524" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Liability for indemnification obligations</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_DCC66FC1D47EC259D614C6C5A240CC6C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_6E68E256DA4B2F4ECB12C6C5A2409A7A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_6E68E256DA4B2F4ECB12C6C5A2409A7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total identifiable net assets</link:label>
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    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_90D34DB27BE7F1618C02C6C5A2403403_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_90D34DB27BE7F1618C02C6C5A2403403" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total consideration</link:label>
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    <link:label id="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained_DEDCB578C91AA6B440E3C6C5A0E83846_terseLabel_en-US" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained_DEDCB578C91AA6B440E3C6C5A0E83846" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain On Sale Of Loans Including Value Assigned To Msrs Retained</link:label>
    <link:label id="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained_DEDCB578C91AA6B440E3C6C5A0E83846_label_en-US" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained_DEDCB578C91AA6B440E3C6C5A0E83846" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain On Sale Of Loans Including Value Assigned To Msrs Retained</link:label>
    <link:label id="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained_DEDCB578C91AA6B440E3C6C5A0E83846_documentation_en-US" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained_DEDCB578C91AA6B440E3C6C5A0E83846" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the gain on sale of loans including value assigned to MSRs retained.</link:label>
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    <link:label id="lab_ocn_GainLossOnInterestRateDerivativeInstruments_17E87FFEAF819088C27DC6C5A0E8D60F_terseLabel_en-US" xlink:label="lab_ocn_GainLossOnInterestRateDerivativeInstruments_17E87FFEAF819088C27DC6C5A0E8D60F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain Loss On Interest Rate Derivative Instruments</link:label>
    <link:label id="lab_ocn_GainLossOnInterestRateDerivativeInstruments_17E87FFEAF819088C27DC6C5A0E8D60F_label_en-US" xlink:label="lab_ocn_GainLossOnInterestRateDerivativeInstruments_17E87FFEAF819088C27DC6C5A0E8D60F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain Loss On Interest Rate Derivative Instruments</link:label>
    <link:label id="lab_ocn_GainLossOnInterestRateDerivativeInstruments_17E87FFEAF819088C27DC6C5A0E8D60F_documentation_en-US" xlink:label="lab_ocn_GainLossOnInterestRateDerivativeInstruments_17E87FFEAF819088C27DC6C5A0E8D60F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the net increase or decrease in the fair value of the interest rate derivative or group of derivatives.</link:label>
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    <link:label id="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_3F2C3B67445A7DD6A786C6C5A0E814C3_terseLabel_en-US" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_3F2C3B67445A7DD6A786C6C5A0E814C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change In Fair Value Of Mortgage Loans Held For Sale</link:label>
    <link:label id="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_3F2C3B67445A7DD6A786C6C5A0E814C3_label_en-US" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_3F2C3B67445A7DD6A786C6C5A0E814C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Fair Value Of Mortgage Loans Held For Sale</link:label>
    <link:label id="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_3F2C3B67445A7DD6A786C6C5A0E814C3_documentation_en-US" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_3F2C3B67445A7DD6A786C6C5A0E814C3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The increase (decrease) during the reporting period in the fair value of mortgage loans that are held with the intention to sell or be securitized in the near future.</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_3F2C3B67445A7DD6A786C6C5A0E814C3" xlink:to="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_3F2C3B67445A7DD6A786C6C5A0E814C3" xlink:type="arc" />
    <link:label id="lab_ocn_GainOnHedgeInstruments_AB341119EF996FB518B7C6C5A0E84AEF_terseLabel_en-US" xlink:label="lab_ocn_GainOnHedgeInstruments_AB341119EF996FB518B7C6C5A0E84AEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain On Hedge Instruments</link:label>
    <link:label id="lab_ocn_GainOnHedgeInstruments_AB341119EF996FB518B7C6C5A0E84AEF_label_en-US" xlink:label="lab_ocn_GainOnHedgeInstruments_AB341119EF996FB518B7C6C5A0E84AEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain On Hedge Instruments</link:label>
    <link:label id="lab_ocn_GainOnHedgeInstruments_AB341119EF996FB518B7C6C5A0E84AEF_documentation_en-US" xlink:label="lab_ocn_GainOnHedgeInstruments_AB341119EF996FB518B7C6C5A0E84AEF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of gain recognized in income during the period on economic hedges not designated or qualifying as hedging instruments.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_GainOnHedgeInstruments" xlink:label="loc_ocn_GainOnHedgeInstruments_AB341119EF996FB518B7C6C5A0E84AEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainOnHedgeInstruments_AB341119EF996FB518B7C6C5A0E84AEF" xlink:to="lab_ocn_GainOnHedgeInstruments_AB341119EF996FB518B7C6C5A0E84AEF" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_04BF181B1B4292EC06F0C6C5A0E809E6_terseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_04BF181B1B4292EC06F0C6C5A0E809E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (Losses) on Sales of Other Real Estate</link:label>
    <link:label id="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_04BF181B1B4292EC06F0C6C5A0E809E6_label_en-US" xlink:label="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_04BF181B1B4292EC06F0C6C5A0E809E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) on Sales of Other Real Estate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnSalesOfOtherRealEstate" xlink:label="loc_us-gaap_GainsLossesOnSalesOfOtherRealEstate_04BF181B1B4292EC06F0C6C5A0E809E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnSalesOfOtherRealEstate_04BF181B1B4292EC06F0C6C5A0E809E6" xlink:to="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_04BF181B1B4292EC06F0C6C5A0E809E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_46E3A617C20CF9373772C6C5A0E8851D_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_46E3A617C20CF9373772C6C5A0E8851D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of loans held for investment</link:label>
    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_46E3A617C20CF9373772C6C5A0E8851D_label_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_46E3A617C20CF9373772C6C5A0E8851D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sales of Loans, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnSalesOfLoansNet" xlink:label="loc_us-gaap_GainLossOnSalesOfLoansNet_46E3A617C20CF9373772C6C5A0E8851D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSalesOfLoansNet_46E3A617C20CF9373772C6C5A0E8851D" xlink:to="lab_us-gaap_GainLossOnSalesOfLoansNet_46E3A617C20CF9373772C6C5A0E8851D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAdditions_6843D99739A56AC81BCDC6C5A0E8CBD8_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAdditions_6843D99739A56AC81BCDC6C5A0E8CBD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAdditions_6843D99739A56AC81BCDC6C5A0E8CBD8_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAdditions_6843D99739A56AC81BCDC6C5A0E8CBD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Fair Value, Additions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingAssetAtFairValueAdditions" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAdditions_6843D99739A56AC81BCDC6C5A0E8CBD8" xlink:type="locator" />
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    <link:label id="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_45E14D4D50D42AFFC293C6C5A0E825C9_terseLabel_en-US" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_45E14D4D50D42AFFC293C6C5A0E825C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Restricted For Securitization Investors Fair Value</link:label>
    <link:label id="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_45E14D4D50D42AFFC293C6C5A0E825C9_label_en-US" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_45E14D4D50D42AFFC293C6C5A0E825C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Restricted For Securitization Investors Fair Value</link:label>
    <link:label id="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_45E14D4D50D42AFFC293C6C5A0E825C9_documentation_en-US" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_45E14D4D50D42AFFC293C6C5A0E825C9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the adjustment to initially recognize loans which are restricted for securitization investors at fair value.</link:label>
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    <link:label id="lab_ocn_GainonSalesofReverseMortgageLoans_525A766446DD7D7FF42EC6C5A0E8BBCC_terseLabel_en-US" xlink:label="lab_ocn_GainonSalesofReverseMortgageLoans_525A766446DD7D7FF42EC6C5A0E8BBCC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on Sales of Reverse Mortgage Loans</link:label>
    <link:label id="lab_ocn_GainonSalesofReverseMortgageLoans_525A766446DD7D7FF42EC6C5A0E8BBCC_label_en-US" xlink:label="lab_ocn_GainonSalesofReverseMortgageLoans_525A766446DD7D7FF42EC6C5A0E8BBCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain on Sales of Reverse Mortgage Loans</link:label>
    <link:label id="lab_ocn_GainonSalesofReverseMortgageLoans_525A766446DD7D7FF42EC6C5A0E8BBCC_documentation_en-US" xlink:label="lab_ocn_GainonSalesofReverseMortgageLoans_525A766446DD7D7FF42EC6C5A0E8BBCC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain on Sales of Reverse Mortgage Loans</link:label>
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    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_7C7EFE631DB181B09508C6C5A45388A6_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_7C7EFE631DB181B09508C6C5A45388A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Revenues and Expenses Related to Various Service Agreements</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_7C7EFE631DB181B09508C6C5A45388A6_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_7C7EFE631DB181B09508C6C5A45388A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Transactions [Table Text Block]</link:label>
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    <link:label id="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_ECF7FBF916515B82D08AC6C5A453E0D3_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_ECF7FBF916515B82D08AC6C5A453E0D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Amounts Receivable or Payable</link:label>
    <link:label id="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_ECF7FBF916515B82D08AC6C5A453E0D3_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_ECF7FBF916515B82D08AC6C5A453E0D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in and Advances to Affiliates [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock" xlink:label="loc_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_ECF7FBF916515B82D08AC6C5A453E0D3" xlink:type="locator" />
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    <link:label id="lab_ocn_MortgageServicingRightsAtFairValue_FA8185FB1A696155EABFC6C5A388A708_label_en-US" xlink:label="lab_ocn_MortgageServicingRightsAtFairValue_FA8185FB1A696155EABFC6C5A388A708" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights At Fair Value</link:label>
    <link:label id="lab_ocn_MortgageServicingRightsAtFairValue_FA8185FB1A696155EABFC6C5A388A708_documentation_en-US" xlink:label="lab_ocn_MortgageServicingRightsAtFairValue_FA8185FB1A696155EABFC6C5A388A708" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights At Fair Value</link:label>
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    <link:label id="lab_us-gaap_InterestRateSwapMember_001BD28EF3E256BEB339C6C5A30BEE39_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_001BD28EF3E256BEB339C6C5A30BEE39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Swap [Member]</link:label>
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    <link:label id="lab_us-gaap_IncomeStatementLocationAxis_3AAEFCF200E04B3C89FBC6C5A30B3DB9_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_3AAEFCF200E04B3C89FBC6C5A30B3DB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement Location [Axis]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementLocationAxis_3AAEFCF200E04B3C89FBC6C5A30B3DB9_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_3AAEFCF200E04B3C89FBC6C5A30B3DB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Axis]</link:label>
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    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_A3EC73E3C74F36F9D598C6C5A30B7841_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_A3EC73E3C74F36F9D598C6C5A30B7841" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
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    <link:label id="lab_ocn_OtherNetMember_6F94998E08095C6BBA52C6C5A30B91DD_terseLabel_en-US" xlink:label="lab_ocn_OtherNetMember_6F94998E08095C6BBA52C6C5A30B91DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Net [Member]</link:label>
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    <link:label id="lab_ocn_OtherNetMember_6F94998E08095C6BBA52C6C5A30B91DD_documentation_en-US" xlink:label="lab_ocn_OtherNetMember_6F94998E08095C6BBA52C6C5A30B91DD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents other net not defined elsewhere.</link:label>
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    <link:label id="lab_ocn_GainOnLoansHeldForSaleNetMember_9FDAED58DDBA9115DD17C6C5A30BF4FB_documentation_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNetMember_9FDAED58DDBA9115DD17C6C5A30BF4FB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents gain on loans held for sale, net.</link:label>
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    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_2FA1B2836F8109C9F056C6C5A0C91847_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_2FA1B2836F8109C9F056C6C5A0C91847" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Derivative Instruments [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_2FA1B2836F8109C9F056C6C5A0C91847" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_6C89B268398AD590DA53C6C5A0C91737_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_6C89B268398AD590DA53C6C5A0C91737" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Gains (Losses) on Derivatives</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_6C89B268398AD590DA53C6C5A0C91737_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_6C89B268398AD590DA53C6C5A0C91737" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_6C89B268398AD590DA53C6C5A0C91737" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_6C89B268398AD590DA53C6C5A0C91737" xlink:to="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_6C89B268398AD590DA53C6C5A0C91737" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_F8DE79FEA5F99340A358C6C5A0C9982D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_F8DE79FEA5F99340A358C6C5A0C9982D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Changes in the Losses on Cash Flow Hedges Included in AOCL</link:label>
    <link:label id="lab_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_F8DE79FEA5F99340A358C6C5A0C9982D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_F8DE79FEA5F99340A358C6C5A0C9982D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_F8DE79FEA5F99340A358C6C5A0C9982D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_77EE274EC44118CE110BC6C5A0C98AC7_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_77EE274EC44118CE110BC6C5A0C98AC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Statements of Operations Related to Derivative Financial Instruments</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_77EE274EC44118CE110BC6C5A0C98AC7" xlink:type="locator" />
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    <link:label id="lab_ocn_MatchFundedAdvancesTable_230D74B24C8CC6E27E8BC6C5A250BDDF_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTable_230D74B24C8CC6E27E8BC6C5A250BDDF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Match Funded Advances [Table]</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesTable_230D74B24C8CC6E27E8BC6C5A250BDDF_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTable_230D74B24C8CC6E27E8BC6C5A250BDDF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Advances [Table]</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesTable_230D74B24C8CC6E27E8BC6C5A250BDDF_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTable_230D74B24C8CC6E27E8BC6C5A250BDDF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents information regarding Schedule of match funded advances.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MatchFundedAdvancesTable" xlink:label="loc_ocn_MatchFundedAdvancesTable_230D74B24C8CC6E27E8BC6C5A250BDDF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ResidentialMortgageMember_F4E8C95DB57FDD7DD40CC6C5A25045B2_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialMortgageMember_F4E8C95DB57FDD7DD40CC6C5A25045B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Residential Mortgage [Member]</link:label>
    <link:label id="lab_us-gaap_ResidentialMortgageMember_F4E8C95DB57FDD7DD40CC6C5A25045B2_label_en-US" xlink:label="lab_us-gaap_ResidentialMortgageMember_F4E8C95DB57FDD7DD40CC6C5A25045B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Residential Mortgage [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialMortgageMember" xlink:label="loc_us-gaap_ResidentialMortgageMember_F4E8C95DB57FDD7DD40CC6C5A25045B2" xlink:type="locator" />
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    <link:label id="lab_ocn_MatchFundedAdvancesLineItems_FF312AF40DBF28C301CBC6C5A250FAA8_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesLineItems_FF312AF40DBF28C301CBC6C5A250FAA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Match Funded Advances [Line Items]</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesLineItems_FF312AF40DBF28C301CBC6C5A250FAA8_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesLineItems_FF312AF40DBF28C301CBC6C5A250FAA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Advances [Line Items]</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesLineItems_FF312AF40DBF28C301CBC6C5A250FAA8_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesLineItems_FF312AF40DBF28C301CBC6C5A250FAA8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line item represents information regarding match funded advances.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MatchFundedAdvancesLineItems" xlink:label="loc_ocn_MatchFundedAdvancesLineItems_FF312AF40DBF28C301CBC6C5A250FAA8" xlink:type="locator" />
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    <link:label id="lab_ocn_PrincipalAndInterestAdvances_7A77CD965F7132CD946FC6C5A250DB9B_terseLabel_en-US" xlink:label="lab_ocn_PrincipalAndInterestAdvances_7A77CD965F7132CD946FC6C5A250DB9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal and interest</link:label>
    <link:label id="lab_ocn_PrincipalAndInterestAdvances_7A77CD965F7132CD946FC6C5A250DB9B_label_en-US" xlink:label="lab_ocn_PrincipalAndInterestAdvances_7A77CD965F7132CD946FC6C5A250DB9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Principal and Interest Advances</link:label>
    <link:label id="lab_ocn_PrincipalAndInterestAdvances_7A77CD965F7132CD946FC6C5A250DB9B_documentation_en-US" xlink:label="lab_ocn_PrincipalAndInterestAdvances_7A77CD965F7132CD946FC6C5A250DB9B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advance payments made by financial institutions on behalf of borrowers for principal and interest payments.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_PrincipalAndInterestAdvances" xlink:label="loc_ocn_PrincipalAndInterestAdvances_7A77CD965F7132CD946FC6C5A250DB9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PrincipalAndInterestAdvances_7A77CD965F7132CD946FC6C5A250DB9B" xlink:to="lab_ocn_PrincipalAndInterestAdvances_7A77CD965F7132CD946FC6C5A250DB9B" xlink:type="arc" />
    <link:label id="lab_ocn_TaxesAndInsuranceAdvances_D10DFFEED0CCC21F5ED6C6C5A250F87D_terseLabel_en-US" xlink:label="lab_ocn_TaxesAndInsuranceAdvances_D10DFFEED0CCC21F5ED6C6C5A250F87D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxes and insurance</link:label>
    <link:label id="lab_ocn_TaxesAndInsuranceAdvances_D10DFFEED0CCC21F5ED6C6C5A250F87D_label_en-US" xlink:label="lab_ocn_TaxesAndInsuranceAdvances_D10DFFEED0CCC21F5ED6C6C5A250F87D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxes and Insurance Advances</link:label>
    <link:label id="lab_ocn_TaxesAndInsuranceAdvances_D10DFFEED0CCC21F5ED6C6C5A250F87D_documentation_en-US" xlink:label="lab_ocn_TaxesAndInsuranceAdvances_D10DFFEED0CCC21F5ED6C6C5A250F87D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advance payments made by financial institutions on behalf of borrowers for taxes and insurance.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_TaxesAndInsuranceAdvances" xlink:label="loc_ocn_TaxesAndInsuranceAdvances_D10DFFEED0CCC21F5ED6C6C5A250F87D" xlink:type="locator" />
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    <link:label id="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_4559F6DDB25EEC1724DBC6C5A25034D1_terseLabel_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_4559F6DDB25EEC1724DBC6C5A25034D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreclosures, bankruptcy, real estate and other</link:label>
    <link:label id="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_4559F6DDB25EEC1724DBC6C5A25034D1_label_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_4559F6DDB25EEC1724DBC6C5A25034D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreclosures Bankruptcy Real Estate and Other</link:label>
    <link:label id="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_4559F6DDB25EEC1724DBC6C5A25034D1_documentation_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_4559F6DDB25EEC1724DBC6C5A25034D1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advance payments made by financial institutions on behalf of borrowers related to foreclosures, bankruptcy and real estate.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ForeclosuresBankruptcyRealEstateAndOther" xlink:label="loc_ocn_ForeclosuresBankruptcyRealEstateAndOther_4559F6DDB25EEC1724DBC6C5A25034D1" xlink:type="locator" />
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    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_3A0D692C9372BA6C98C4C6C5A250C84D_totalLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_3A0D692C9372BA6C98C4C6C5A250C84D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Match funded advances</link:label>
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_3A0D692C9372BA6C98C4C6C5A250C84D_label_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_3A0D692C9372BA6C98C4C6C5A250C84D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers Accounted For As Secured Borrowings Assets Carrying Amount Two</link:label>
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    <link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_B8B1B208494B9816A510C6C5A444EB12_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_B8B1B208494B9816A510C6C5A444EB12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Segment Reporting</link:label>
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    <link:label id="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_27E73D0358D516E63D79C6C5A32A9C43_terseLabel_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_27E73D0358D516E63D79C6C5A32A9C43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ContractuallySpecifiedServicingFeesAmount" xlink:label="loc_us-gaap_ContractuallySpecifiedServicingFeesAmount_27E73D0358D516E63D79C6C5A32A9C43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractuallySpecifiedServicingFeesAmount_27E73D0358D516E63D79C6C5A32A9C43" xlink:to="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_27E73D0358D516E63D79C6C5A32A9C43" xlink:type="arc" />
    <link:label id="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_ABEAC41DE9D043B44C69C6C5A32A5932_terseLabel_en-US" xlink:label="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_ABEAC41DE9D043B44C69C6C5A32A5932" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subservicing</link:label>
    <link:label id="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_ABEAC41DE9D043B44C69C6C5A32A5932_label_en-US" xlink:label="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_ABEAC41DE9D043B44C69C6C5A32A5932" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractually Specified Subservicing Fees Amount</link:label>
    <link:label id="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_ABEAC41DE9D043B44C69C6C5A32A5932_documentation_en-US" xlink:label="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_ABEAC41DE9D043B44C69C6C5A32A5932" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">All amounts that, per contract, are due to the subservicer in exchange for subservicing the financial asset and would no longer be received by a subservicer if the owners of the servicing rights were to exercise their authority under the contract to shift the subservicing to another servicer.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ContractuallySpecifiedSubservicingFeesAmount" xlink:label="loc_ocn_ContractuallySpecifiedSubservicingFeesAmount_ABEAC41DE9D043B44C69C6C5A32A5932" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ContractuallySpecifiedSubservicingFeesAmount_ABEAC41DE9D043B44C69C6C5A32A5932" xlink:to="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_ABEAC41DE9D043B44C69C6C5A32A5932" xlink:type="arc" />
    <link:label id="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_1E6BB02CE943C1F4F5C7C6C5A32A7A52_totalLabel_en-US" xlink:label="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_1E6BB02CE943C1F4F5C7C6C5A32A7A52" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Servicing and Subservicing fees, total</link:label>
    <link:label id="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_1E6BB02CE943C1F4F5C7C6C5A32A7A52_label_en-US" xlink:label="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_1E6BB02CE943C1F4F5C7C6C5A32A7A52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractually Specified Servicing And Subservicing Fees Amount Total</link:label>
    <link:label id="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_1E6BB02CE943C1F4F5C7C6C5A32A7A52_documentation_en-US" xlink:label="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_1E6BB02CE943C1F4F5C7C6C5A32A7A52" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">All amounts that, per contract, are due in exchange for servicing or subservicing the financial asset.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal" xlink:label="loc_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_1E6BB02CE943C1F4F5C7C6C5A32A7A52" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_1E6BB02CE943C1F4F5C7C6C5A32A7A52" xlink:to="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_1E6BB02CE943C1F4F5C7C6C5A32A7A52" xlink:type="arc" />
    <link:label id="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_C5F7E7A519C8A8CCE74DC6C5A32AFA32_terseLabel_en-US" xlink:label="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_C5F7E7A519C8A8CCE74DC6C5A32AFA32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Home Affordable Modification Program (HAMP) fees</link:label>
    <link:label id="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_C5F7E7A519C8A8CCE74DC6C5A32AFA32_label_en-US" xlink:label="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_C5F7E7A519C8A8CCE74DC6C5A32AFA32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Modification Program Fees Earned In Exchange For Servicing Financial Assets</link:label>
    <link:label id="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_C5F7E7A519C8A8CCE74DC6C5A32AFA32_documentation_en-US" xlink:label="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_C5F7E7A519C8A8CCE74DC6C5A32AFA32" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents fees related to a specific loan modification program due to the servicer in exchange for servicing the financial asset.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_C5F7E7A519C8A8CCE74DC6C5A32AFA32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_C5F7E7A519C8A8CCE74DC6C5A32AFA32" xlink:to="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_C5F7E7A519C8A8CCE74DC6C5A32AFA32" xlink:type="arc" />
    <link:label id="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_EF97B36D03385F4EC2C4C6C5A32A3236_terseLabel_en-US" xlink:label="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_EF97B36D03385F4EC2C4C6C5A32A3236" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Late charges</link:label>
    <link:label id="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_EF97B36D03385F4EC2C4C6C5A32A3236_label_en-US" xlink:label="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_EF97B36D03385F4EC2C4C6C5A32A3236" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Late Fee Income Generated by Servicing Financial Assets, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:label="loc_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_EF97B36D03385F4EC2C4C6C5A32A3236" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_EF97B36D03385F4EC2C4C6C5A32A3236" xlink:to="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_EF97B36D03385F4EC2C4C6C5A32A3236" xlink:type="arc" />
    <link:label id="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_9C4AAA2669142F71C997C6C5A32A0B86_terseLabel_en-US" xlink:label="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_9C4AAA2669142F71C997C6C5A32A0B86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan collection fees</link:label>
    <link:label id="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_9C4AAA2669142F71C997C6C5A32A0B86_label_en-US" xlink:label="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_9C4AAA2669142F71C997C6C5A32A0B86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Collection Fees Earned In Exchange For Servicing Financial Assets</link:label>
    <link:label id="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_9C4AAA2669142F71C997C6C5A32A0B86_documentation_en-US" xlink:label="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_9C4AAA2669142F71C997C6C5A32A0B86" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents loan collection fees paid by the borrower to the servicer for automated payment services.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_9C4AAA2669142F71C997C6C5A32A0B86" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_9C4AAA2669142F71C997C6C5A32A0B86" xlink:to="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_9C4AAA2669142F71C997C6C5A32A0B86" xlink:type="arc" />
    <link:label id="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_5D295B7AC4671CF5059FC6C5A32AB80E_terseLabel_en-US" xlink:label="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_5D295B7AC4671CF5059FC6C5A32AB80E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Custodial accounts (float earnings)</link:label>
    <link:label id="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_5D295B7AC4671CF5059FC6C5A32AB80E_label_en-US" xlink:label="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_5D295B7AC4671CF5059FC6C5A32AB80E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Float Earnings Earned In Exchange For Servicing Financial Assets</link:label>
    <link:label id="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_5D295B7AC4671CF5059FC6C5A32AB80E_documentation_en-US" xlink:label="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_5D295B7AC4671CF5059FC6C5A32AB80E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents amount related to interest earned on unremitted loan payments held in custodial accounts, are due to the servicer in exchange for servicing the financial asset.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_5D295B7AC4671CF5059FC6C5A32AB80E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_5D295B7AC4671CF5059FC6C5A32AB80E" xlink:to="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_5D295B7AC4671CF5059FC6C5A32AB80E" xlink:type="arc" />
    <link:label id="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_2F06CCC5EA42D1BBA789C6C5A32A0F8D_terseLabel_en-US" xlink:label="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_2F06CCC5EA42D1BBA789C6C5A32A0F8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_2F06CCC5EA42D1BBA789C6C5A32A0F8D_label_en-US" xlink:label="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_2F06CCC5EA42D1BBA789C6C5A32A0F8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ancillary Fee Income Generated by Servicing Financial Assets, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:label="loc_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_2F06CCC5EA42D1BBA789C6C5A32A0F8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_2F06CCC5EA42D1BBA789C6C5A32A0F8D" xlink:to="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_2F06CCC5EA42D1BBA789C6C5A32A0F8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_9543D37F3C103788C97CC6C5A32A259B_totalLabel_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_9543D37F3C103788C97CC6C5A32A259B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Fees, total</link:label>
    <link:label id="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_9543D37F3C103788C97CC6C5A32A259B_label_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_9543D37F3C103788C97CC6C5A32A259B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractually Specified Servicing Fees, Late Fees, and Ancillary Fees Earned in Exchange for Servicing Financial Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_9543D37F3C103788C97CC6C5A32A259B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_9543D37F3C103788C97CC6C5A32A259B" xlink:to="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_9543D37F3C103788C97CC6C5A32A259B" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_440E13E5041892DAAAF6C6C5A31B57AD_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_440E13E5041892DAAAF6C6C5A31B57AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_440E13E5041892DAAAF6C6C5A31B57AD_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_440E13E5041892DAAAF6C6C5A31B57AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_440E13E5041892DAAAF6C6C5A31B57AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_440E13E5041892DAAAF6C6C5A31B57AD" xlink:to="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_440E13E5041892DAAAF6C6C5A31B57AD" xlink:type="arc" />
    <link:label id="lab_ocn_AssetSalesAndFinancingTextBlock_2E0E921BCDB30A07B39AC6C5A185C014_terseLabel_en-US" xlink:label="lab_ocn_AssetSalesAndFinancingTextBlock_2E0E921BCDB30A07B39AC6C5A185C014" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales of Advances and MSRs</link:label>
    <link:label id="lab_ocn_AssetSalesAndFinancingTextBlock_2E0E921BCDB30A07B39AC6C5A185C014_label_en-US" xlink:label="lab_ocn_AssetSalesAndFinancingTextBlock_2E0E921BCDB30A07B39AC6C5A185C014" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Sales and Financing [Text Block]</link:label>
    <link:label id="lab_ocn_AssetSalesAndFinancingTextBlock_2E0E921BCDB30A07B39AC6C5A185C014_documentation_en-US" xlink:label="lab_ocn_AssetSalesAndFinancingTextBlock_2E0E921BCDB30A07B39AC6C5A185C014" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure for sales of assets and liabilities directly associated with those assets that will be transferred in the transaction. This may include a description of an asset sale (or series of individually immaterial assets sales) completed during the period, including background, timing, and assets and liabilities sold. This element does not include fixed asset sales and plant closings.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AssetSalesAndFinancingTextBlock" xlink:label="loc_ocn_AssetSalesAndFinancingTextBlock_2E0E921BCDB30A07B39AC6C5A185C014" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AssetSalesAndFinancingTextBlock_2E0E921BCDB30A07B39AC6C5A185C014" xlink:to="lab_ocn_AssetSalesAndFinancingTextBlock_2E0E921BCDB30A07B39AC6C5A185C014" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_8EBDCE1C7C2887C6FFE2C6C5A2EC8E08_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_8EBDCE1C7C2887C6FFE2C6C5A2EC8E08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Advance Payments by Financial Institution on Foreclosed Properties</link:label>
    <link:label id="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_8EBDCE1C7C2887C6FFE2C6C5A2EC8E08_label_en-US" xlink:label="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_8EBDCE1C7C2887C6FFE2C6C5A2EC8E08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Advance Payments By Financial Institution On Foreclosed Properties Summary [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_8EBDCE1C7C2887C6FFE2C6C5A2EC8E08_documentation_en-US" xlink:label="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_8EBDCE1C7C2887C6FFE2C6C5A2EC8E08" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) which will periodically be remitted to the lender, appropriate governmental agency(ies) or vendor(s) on behalf of the borrower.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" xlink:label="loc_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_8EBDCE1C7C2887C6FFE2C6C5A2EC8E08" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FairValueInputsDiscountRate_46CFC7525C698F79C3D9C6C5A2CDDBD0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsDiscountRate_46CFC7525C698F79C3D9C6C5A2CDDBD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate</link:label>
    <link:label id="lab_us-gaap_FairValueInputsDiscountRate_46CFC7525C698F79C3D9C6C5A2CDDBD0_label_en-US" xlink:label="lab_us-gaap_FairValueInputsDiscountRate_46CFC7525C698F79C3D9C6C5A2CDDBD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Discount Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsDiscountRate" xlink:label="loc_us-gaap_FairValueInputsDiscountRate_46CFC7525C698F79C3D9C6C5A2CDDBD0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsDiscountRate_46CFC7525C698F79C3D9C6C5A2CDDBD0" xlink:to="lab_us-gaap_FairValueInputsDiscountRate_46CFC7525C698F79C3D9C6C5A2CDDBD0" xlink:type="arc" />
    <link:label id="lab_ocn_CorrespondentOneMember_462703BBBDE908FA453AC6C5A4828C4D_terseLabel_en-US" xlink:label="lab_ocn_CorrespondentOneMember_462703BBBDE908FA453AC6C5A4828C4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Correspondent One [Member]</link:label>
    <link:label id="lab_ocn_CorrespondentOneMember_462703BBBDE908FA453AC6C5A4828C4D_label_en-US" xlink:label="lab_ocn_CorrespondentOneMember_462703BBBDE908FA453AC6C5A4828C4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Correspondent One [Member]</link:label>
    <link:label id="lab_ocn_CorrespondentOneMember_462703BBBDE908FA453AC6C5A4828C4D_documentation_en-US" xlink:label="lab_ocn_CorrespondentOneMember_462703BBBDE908FA453AC6C5A4828C4D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents information of Correspondent one.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_CorrespondentOneMember" xlink:label="loc_ocn_CorrespondentOneMember_462703BBBDE908FA453AC6C5A4828C4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CorrespondentOneMember_462703BBBDE908FA453AC6C5A4828C4D" xlink:to="lab_ocn_CorrespondentOneMember_462703BBBDE908FA453AC6C5A4828C4D" xlink:type="arc" />
    <link:label id="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EAF576A28E8EB07E1D3EC6C5A4824D0C_terseLabel_en-US" xlink:label="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EAF576A28E8EB07E1D3EC6C5A4824D0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liberty Acquisition [Member]</link:label>
    <link:label id="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EAF576A28E8EB07E1D3EC6C5A4824D0C_label_en-US" xlink:label="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EAF576A28E8EB07E1D3EC6C5A4824D0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liberty Home Equity Solutions, Inc. [Member]</link:label>
    <link:label id="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EAF576A28E8EB07E1D3EC6C5A4824D0C_documentation_en-US" xlink:label="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EAF576A28E8EB07E1D3EC6C5A4824D0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liberty Home Equity Solutions, Inc. [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_LibertyHomeEquitySolutionsInc.Member" xlink:label="loc_ocn_LibertyHomeEquitySolutionsInc.Member_EAF576A28E8EB07E1D3EC6C5A4824D0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LibertyHomeEquitySolutionsInc.Member_EAF576A28E8EB07E1D3EC6C5A4824D0C" xlink:to="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EAF576A28E8EB07E1D3EC6C5A4824D0C" xlink:type="arc" />
    <link:label id="lab_ocn_SubserviceMortgageServicingRightsMember_882A7726B5AD0BDD80A5C6C5A48246E5_terseLabel_en-US" xlink:label="lab_ocn_SubserviceMortgageServicingRightsMember_882A7726B5AD0BDD80A5C6C5A48246E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subservice Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_SubserviceMortgageServicingRightsMember_882A7726B5AD0BDD80A5C6C5A48246E5_label_en-US" xlink:label="lab_ocn_SubserviceMortgageServicingRightsMember_882A7726B5AD0BDD80A5C6C5A48246E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subservice Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_SubserviceMortgageServicingRightsMember_882A7726B5AD0BDD80A5C6C5A48246E5_documentation_en-US" xlink:label="lab_ocn_SubserviceMortgageServicingRightsMember_882A7726B5AD0BDD80A5C6C5A48246E5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents a contractual agreement where the right, or rights, to subservice.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_SubserviceMortgageServicingRightsMember" xlink:label="loc_ocn_SubserviceMortgageServicingRightsMember_882A7726B5AD0BDD80A5C6C5A48246E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SubserviceMortgageServicingRightsMember_882A7726B5AD0BDD80A5C6C5A48246E5" xlink:to="lab_ocn_SubserviceMortgageServicingRightsMember_882A7726B5AD0BDD80A5C6C5A48246E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeAxis_FD023762FF171E00DA87C6C5A4821855_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_FD023762FF171E00DA87C6C5A4821855" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Type [Axis]</link:label>
    <link:label id="lab_us-gaap_InvestmentTypeAxis_FD023762FF171E00DA87C6C5A4821855_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_FD023762FF171E00DA87C6C5A4821855" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_FD023762FF171E00DA87C6C5A4821855" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeAxis_FD023762FF171E00DA87C6C5A4821855" xlink:to="lab_us-gaap_InvestmentTypeAxis_FD023762FF171E00DA87C6C5A4821855" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_7897E11119A57828E488C6C5A48279B6_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_7897E11119A57828E488C6C5A48279B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments [Domain]</link:label>
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_7897E11119A57828E488C6C5A48279B6_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_7897E11119A57828E488C6C5A48279B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_7897E11119A57828E488C6C5A48279B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_7897E11119A57828E488C6C5A48279B6" xlink:to="lab_us-gaap_InvestmentTypeCategorizationMember_7897E11119A57828E488C6C5A48279B6" xlink:type="arc" />
    <link:label id="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_D44D50CF7F8CB98A301BC6C5A482A34B_terseLabel_en-US" xlink:label="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_D44D50CF7F8CB98A301BC6C5A482A34B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Freddie Mac and Ginnie Mae Loans [Member]</link:label>
    <link:label id="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_D44D50CF7F8CB98A301BC6C5A482A34B_label_en-US" xlink:label="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_D44D50CF7F8CB98A301BC6C5A482A34B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal National Mortgage Association Certificates and Obligations and Government National Mortgage Association Certificates and Obligations [Member]</link:label>
    <link:label id="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_D44D50CF7F8CB98A301BC6C5A482A34B_documentation_en-US" xlink:label="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_D44D50CF7F8CB98A301BC6C5A482A34B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments in debentures, bonds and other debt securities issued by the Federal National Mortgage Association (FNMA or Fannie Mae) and Investments in debentures, bonds and other debt securities issued by the Government National Mortgage Association (GNMA or Ginnie Mae).</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember" xlink:label="loc_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_D44D50CF7F8CB98A301BC6C5A482A34B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_D44D50CF7F8CB98A301BC6C5A482A34B" xlink:to="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_D44D50CF7F8CB98A301BC6C5A482A34B" xlink:type="arc" />
    <link:label id="lab_ocn_SeniorSecuredTermLoanMember_FE6688FD351D04FF9554C6C5A482B4BB_terseLabel_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanMember_FE6688FD351D04FF9554C6C5A482B4BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Secured Term Loan [Member]</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoanMember_FE6688FD351D04FF9554C6C5A482B4BB_label_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanMember_FE6688FD351D04FF9554C6C5A482B4BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Secured Term Loan [Member]</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoanMember_FE6688FD351D04FF9554C6C5A482B4BB_documentation_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanMember_FE6688FD351D04FF9554C6C5A482B4BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Specific secured line of credit.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_SeniorSecuredTermLoanMember" xlink:label="loc_ocn_SeniorSecuredTermLoanMember_FE6688FD351D04FF9554C6C5A482B4BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeniorSecuredTermLoanMember_FE6688FD351D04FF9554C6C5A482B4BB" xlink:to="lab_ocn_SeniorSecuredTermLoanMember_FE6688FD351D04FF9554C6C5A482B4BB" xlink:type="arc" />
    <link:label id="lab_ocn_UnrelatedPartyMember_B045FBFEC4C1B3647D67C6C5A4827A39_terseLabel_en-US" xlink:label="lab_ocn_UnrelatedPartyMember_B045FBFEC4C1B3647D67C6C5A4827A39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrelated Party [Member]</link:label>
    <link:label id="lab_ocn_UnrelatedPartyMember_B045FBFEC4C1B3647D67C6C5A4827A39_label_en-US" xlink:label="lab_ocn_UnrelatedPartyMember_B045FBFEC4C1B3647D67C6C5A4827A39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrelated Party [Member]</link:label>
    <link:label id="lab_ocn_UnrelatedPartyMember_B045FBFEC4C1B3647D67C6C5A4827A39_documentation_en-US" xlink:label="lab_ocn_UnrelatedPartyMember_B045FBFEC4C1B3647D67C6C5A4827A39" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents unrelated party.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_UnrelatedPartyMember" xlink:label="loc_ocn_UnrelatedPartyMember_B045FBFEC4C1B3647D67C6C5A4827A39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnrelatedPartyMember_B045FBFEC4C1B3647D67C6C5A4827A39" xlink:to="lab_ocn_UnrelatedPartyMember_B045FBFEC4C1B3647D67C6C5A4827A39" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_AD2F5630449B0C4CB417C6C5A48227AF_verboseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_AD2F5630449B0C4CB417C6C5A48227AF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition, Cost of Acquired Entity, Cash Paid</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_AD2F5630449B0C4CB417C6C5A48227AF_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_AD2F5630449B0C4CB417C6C5A48227AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_AD2F5630449B0C4CB417C6C5A48227AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesGross_AD2F5630449B0C4CB417C6C5A48227AF" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesGross_AD2F5630449B0C4CB417C6C5A48227AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_99DC80773846FB4A0FE4C6C5A482C3CD_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_99DC80773846FB4A0FE4C6C5A482C3CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Combination, Contingent Consideration, Liability</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_99DC80773846FB4A0FE4C6C5A482C3CD_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_99DC80773846FB4A0FE4C6C5A482C3CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Contingent Consideration, Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationContingentConsiderationLiability" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationLiability_99DC80773846FB4A0FE4C6C5A482C3CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationContingentConsiderationLiability_99DC80773846FB4A0FE4C6C5A482C3CD" xlink:to="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_99DC80773846FB4A0FE4C6C5A482C3CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_B2EE7F30623D407B027AC6C5A48207BB_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_B2EE7F30623D407B027AC6C5A48207BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid principal balance assets acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_B2EE7F30623D407B027AC6C5A48207BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_B2EE7F30623D407B027AC6C5A48207BB" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_B2EE7F30623D407B027AC6C5A48207BB" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_86272EDC13B54E8856FEC6C5A482525D_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_86272EDC13B54E8856FEC6C5A482525D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument Net Additional Capital Deployed</link:label>
    <link:label id="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_86272EDC13B54E8856FEC6C5A482525D_label_en-US" xlink:label="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_86272EDC13B54E8856FEC6C5A482525D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Net Additional Capital Deployed</link:label>
    <link:label id="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_86272EDC13B54E8856FEC6C5A482525D_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_86272EDC13B54E8856FEC6C5A482525D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of additional capital deployed.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_DebtInstrumentNetAdditionalCapitalDeployed" xlink:label="loc_ocn_DebtInstrumentNetAdditionalCapitalDeployed_86272EDC13B54E8856FEC6C5A482525D" xlink:type="locator" />
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    <link:loc xlink:href="ocn-20140331.xsd#ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights" xlink:label="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_136E4C9AD3C55E40BB38C6C5A482CA44" xlink:type="locator" />
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    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E70776638806B8D57FACC6C5A482D1D3_terseLabel_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E70776638806B8D57FACC6C5A482D1D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Mortgage Backed Securities</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E70776638806B8D57FACC6C5A482D1D3_label_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E70776638806B8D57FACC6C5A482D1D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Mortgage Backed Securities</link:label>
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    <link:loc xlink:href="ocn-20140331.xsd#ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities" xlink:label="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E70776638806B8D57FACC6C5A482D1D3" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_D1DD06AABCB8E37F5FEFDB157B1D3C0E_terseLabel_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_D1DD06AABCB8E37F5FEFDB157B1D3C0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding_ADE858E7CBF33276A27EDACB93F61718" xlink:to="lab_dei_EntityCommonStockSharesOutstanding_ADE858E7CBF33276A27EDACB93F61718" xlink:type="arc" />
    <link:label id="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_82442F34F040A845EC4BC6C5A09AC76D_terseLabel_en-US" xlink:label="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_82442F34F040A845EC4BC6C5A09AC76D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivable Backed Notes Series E [Member]</link:label>
    <link:label id="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_82442F34F040A845EC4BC6C5A09AC76D_label_en-US" xlink:label="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_82442F34F040A845EC4BC6C5A09AC76D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advance Receivable Backed Notes Series E [Member]</link:label>
    <link:label id="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_82442F34F040A845EC4BC6C5A09AC76D_documentation_en-US" xlink:label="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_82442F34F040A845EC4BC6C5A09AC76D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_AdvanceReceivableBackedNotesSeriesEMember" xlink:label="loc_ocn_AdvanceReceivableBackedNotesSeriesEMember_82442F34F040A845EC4BC6C5A09AC76D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvanceReceivableBackedNotesSeriesEMember_82442F34F040A845EC4BC6C5A09AC76D" xlink:to="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_82442F34F040A845EC4BC6C5A09AC76D" xlink:type="arc" />
    <link:label id="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_475586580F79F7CAFE26C6C5A09A6014_terseLabel_en-US" xlink:label="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_475586580F79F7CAFE26C6C5A09A6014" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Homeward Agency Advance Funding Trust 2012-1 [Member]</link:label>
    <link:label id="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_475586580F79F7CAFE26C6C5A09A6014_label_en-US" xlink:label="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_475586580F79F7CAFE26C6C5A09A6014" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Homeward Agency Advance Funding Trust 2012- 1 [Member]</link:label>
    <link:label id="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_475586580F79F7CAFE26C6C5A09A6014_documentation_en-US" xlink:label="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_475586580F79F7CAFE26C6C5A09A6014" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_HomewardAgencyAdvanceFundingTrust2012-1Member" xlink:label="loc_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_475586580F79F7CAFE26C6C5A09A6014" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_475586580F79F7CAFE26C6C5A09A6014" xlink:to="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_475586580F79F7CAFE26C6C5A09A6014" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA1TermNoteMember_CF7EB8409993F16655F5C6C5A09AE470_terseLabel_en-US" xlink:label="lab_ocn_ClassA1TermNoteMember_CF7EB8409993F16655F5C6C5A09AE470" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A1 Term Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA1TermNoteMember_CF7EB8409993F16655F5C6C5A09AE470_label_en-US" xlink:label="lab_ocn_ClassA1TermNoteMember_CF7EB8409993F16655F5C6C5A09AE470" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A1 Term Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA1TermNoteMember_CF7EB8409993F16655F5C6C5A09AE470_documentation_en-US" xlink:label="lab_ocn_ClassA1TermNoteMember_CF7EB8409993F16655F5C6C5A09AE470" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Specific borrowing type.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ClassA1TermNoteMember" xlink:label="loc_ocn_ClassA1TermNoteMember_CF7EB8409993F16655F5C6C5A09AE470" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA1TermNoteMember_CF7EB8409993F16655F5C6C5A09AE470" xlink:to="lab_ocn_ClassA1TermNoteMember_CF7EB8409993F16655F5C6C5A09AE470" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA2VariableFundingNoteMember_04F42B5AC0F451D02898C6C5A09A2BEA_terseLabel_en-US" xlink:label="lab_ocn_ClassA2VariableFundingNoteMember_04F42B5AC0F451D02898C6C5A09A2BEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A2 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA2VariableFundingNoteMember_04F42B5AC0F451D02898C6C5A09A2BEA_label_en-US" xlink:label="lab_ocn_ClassA2VariableFundingNoteMember_04F42B5AC0F451D02898C6C5A09A2BEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A2 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA2VariableFundingNoteMember_04F42B5AC0F451D02898C6C5A09A2BEA_documentation_en-US" xlink:label="lab_ocn_ClassA2VariableFundingNoteMember_04F42B5AC0F451D02898C6C5A09A2BEA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Specific borrowing type.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ClassA2VariableFundingNoteMember" xlink:label="loc_ocn_ClassA2VariableFundingNoteMember_04F42B5AC0F451D02898C6C5A09A2BEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA2VariableFundingNoteMember_04F42B5AC0F451D02898C6C5A09A2BEA" xlink:to="lab_ocn_ClassA2VariableFundingNoteMember_04F42B5AC0F451D02898C6C5A09A2BEA" xlink:type="arc" />
    <link:label id="lab_ocn_ClassBTermNoteMember_AFD606015B9E8DCC8E0FC6C5A09AFD9D_terseLabel_en-US" xlink:label="lab_ocn_ClassBTermNoteMember_AFD606015B9E8DCC8E0FC6C5A09AFD9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class B Term Note [Member]</link:label>
    <link:label id="lab_ocn_ClassBTermNoteMember_AFD606015B9E8DCC8E0FC6C5A09AFD9D_label_en-US" xlink:label="lab_ocn_ClassBTermNoteMember_AFD606015B9E8DCC8E0FC6C5A09AFD9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B Term Note [Member]</link:label>
    <link:label id="lab_ocn_ClassBTermNoteMember_AFD606015B9E8DCC8E0FC6C5A09AFD9D_documentation_en-US" xlink:label="lab_ocn_ClassBTermNoteMember_AFD606015B9E8DCC8E0FC6C5A09AFD9D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Specific borrowing type.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ClassBTermNoteMember" xlink:label="loc_ocn_ClassBTermNoteMember_AFD606015B9E8DCC8E0FC6C5A09AFD9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassBTermNoteMember_AFD606015B9E8DCC8E0FC6C5A09AFD9D" xlink:to="lab_ocn_ClassBTermNoteMember_AFD606015B9E8DCC8E0FC6C5A09AFD9D" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA3VariableFundingNoteMember_856A586C0F87C3132C1EC6C5A09A2A42_terseLabel_en-US" xlink:label="lab_ocn_ClassA3VariableFundingNoteMember_856A586C0F87C3132C1EC6C5A09A2A42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A3 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA3VariableFundingNoteMember_856A586C0F87C3132C1EC6C5A09A2A42_label_en-US" xlink:label="lab_ocn_ClassA3VariableFundingNoteMember_856A586C0F87C3132C1EC6C5A09A2A42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A3 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA3VariableFundingNoteMember_856A586C0F87C3132C1EC6C5A09A2A42_documentation_en-US" xlink:label="lab_ocn_ClassA3VariableFundingNoteMember_856A586C0F87C3132C1EC6C5A09A2A42" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class A3 Variable Funding Note [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ClassA3VariableFundingNoteMember" xlink:label="loc_ocn_ClassA3VariableFundingNoteMember_856A586C0F87C3132C1EC6C5A09A2A42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA3VariableFundingNoteMember_856A586C0F87C3132C1EC6C5A09A2A42" xlink:to="lab_ocn_ClassA3VariableFundingNoteMember_856A586C0F87C3132C1EC6C5A09A2A42" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedLiabiltiesMember_4405CE4F21A9CBD8CDBFC6C5A09A8FDE_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedLiabiltiesMember_4405CE4F21A9CBD8CDBFC6C5A09A8FDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Match Funded Liabilties [Member]</link:label>
    <link:label id="lab_ocn_MatchFundedLiabiltiesMember_4405CE4F21A9CBD8CDBFC6C5A09A8FDE_label_en-US" xlink:label="lab_ocn_MatchFundedLiabiltiesMember_4405CE4F21A9CBD8CDBFC6C5A09A8FDE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Liabilties [Member]</link:label>
    <link:label id="lab_ocn_MatchFundedLiabiltiesMember_4405CE4F21A9CBD8CDBFC6C5A09A8FDE_documentation_en-US" xlink:label="lab_ocn_MatchFundedLiabiltiesMember_4405CE4F21A9CBD8CDBFC6C5A09A8FDE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Specific interest-bearing liability.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MatchFundedLiabiltiesMember" xlink:label="loc_ocn_MatchFundedLiabiltiesMember_4405CE4F21A9CBD8CDBFC6C5A09A8FDE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedLiabiltiesMember_4405CE4F21A9CBD8CDBFC6C5A09A8FDE" xlink:to="lab_ocn_MatchFundedLiabiltiesMember_4405CE4F21A9CBD8CDBFC6C5A09A8FDE" xlink:type="arc" />
    <link:label id="lab_ocn_InterestMarginPeriodAxis_AD5B4462DABFAC1CA8C0C6C5A09AC839_terseLabel_en-US" xlink:label="lab_ocn_InterestMarginPeriodAxis_AD5B4462DABFAC1CA8C0C6C5A09AC839" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Margin Period [Axis]</link:label>
    <link:label id="lab_ocn_InterestMarginPeriodAxis_AD5B4462DABFAC1CA8C0C6C5A09AC839_label_en-US" xlink:label="lab_ocn_InterestMarginPeriodAxis_AD5B4462DABFAC1CA8C0C6C5A09AC839" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Margin Period [Axis]</link:label>
    <link:label id="lab_ocn_InterestMarginPeriodAxis_AD5B4462DABFAC1CA8C0C6C5A09AC839_documentation_en-US" xlink:label="lab_ocn_InterestMarginPeriodAxis_AD5B4462DABFAC1CA8C0C6C5A09AC839" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Margin Period [Axis]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_InterestMarginPeriodAxis" xlink:label="loc_ocn_InterestMarginPeriodAxis_AD5B4462DABFAC1CA8C0C6C5A09AC839" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_InterestMarginPeriodAxis_AD5B4462DABFAC1CA8C0C6C5A09AC839" xlink:to="lab_ocn_InterestMarginPeriodAxis_AD5B4462DABFAC1CA8C0C6C5A09AC839" xlink:type="arc" />
    <link:label id="lab_ocn_InterestMarginPeriodDomain_BF1BC6AC1CFAEC07336DC6C5A09A8F8C_terseLabel_en-US" xlink:label="lab_ocn_InterestMarginPeriodDomain_BF1BC6AC1CFAEC07336DC6C5A09A8F8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Margin Period [Domain]</link:label>
    <link:label id="lab_ocn_InterestMarginPeriodDomain_BF1BC6AC1CFAEC07336DC6C5A09A8F8C_label_en-US" xlink:label="lab_ocn_InterestMarginPeriodDomain_BF1BC6AC1CFAEC07336DC6C5A09A8F8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Margin Period [Domain]</link:label>
    <link:label id="lab_ocn_InterestMarginPeriodDomain_BF1BC6AC1CFAEC07336DC6C5A09A8F8C_documentation_en-US" xlink:label="lab_ocn_InterestMarginPeriodDomain_BF1BC6AC1CFAEC07336DC6C5A09A8F8C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Domain] for Interest Margin Period [Axis]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_InterestMarginPeriodDomain" xlink:label="loc_ocn_InterestMarginPeriodDomain_BF1BC6AC1CFAEC07336DC6C5A09A8F8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_InterestMarginPeriodDomain_BF1BC6AC1CFAEC07336DC6C5A09A8F8C" xlink:to="lab_ocn_InterestMarginPeriodDomain_BF1BC6AC1CFAEC07336DC6C5A09A8F8C" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod1Member_5A52F1182B66EECA3361C6C5A09A78B9_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod1Member_5A52F1182B66EECA3361C6C5A09A78B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">July 15, 2014 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod1Member_5A52F1182B66EECA3361C6C5A09A78B9_label_en-US" xlink:label="lab_ocn_MarginPeriod1Member_5A52F1182B66EECA3361C6C5A09A78B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 1 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod1Member_5A52F1182B66EECA3361C6C5A09A78B9_documentation_en-US" xlink:label="lab_ocn_MarginPeriod1Member_5A52F1182B66EECA3361C6C5A09A78B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 1 [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MarginPeriod1Member" xlink:label="loc_ocn_MarginPeriod1Member_5A52F1182B66EECA3361C6C5A09A78B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarginPeriod1Member_5A52F1182B66EECA3361C6C5A09A78B9" xlink:to="lab_ocn_MarginPeriod1Member_5A52F1182B66EECA3361C6C5A09A78B9" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod2Member_3576F7CCDF7F07F0E162C6C5A09A94D3_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod2Member_3576F7CCDF7F07F0E162C6C5A09A94D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">August 15, 2014 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod2Member_3576F7CCDF7F07F0E162C6C5A09A94D3_label_en-US" xlink:label="lab_ocn_MarginPeriod2Member_3576F7CCDF7F07F0E162C6C5A09A94D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 2 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod2Member_3576F7CCDF7F07F0E162C6C5A09A94D3_documentation_en-US" xlink:label="lab_ocn_MarginPeriod2Member_3576F7CCDF7F07F0E162C6C5A09A94D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 2 [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MarginPeriod2Member" xlink:label="loc_ocn_MarginPeriod2Member_3576F7CCDF7F07F0E162C6C5A09A94D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarginPeriod2Member_3576F7CCDF7F07F0E162C6C5A09A94D3" xlink:to="lab_ocn_MarginPeriod2Member_3576F7CCDF7F07F0E162C6C5A09A94D3" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod3Member_7D975FE55104B469C012C6C5A09A7B6F_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod3Member_7D975FE55104B469C012C6C5A09A7B6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">September 15, 2014 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod3Member_7D975FE55104B469C012C6C5A09A7B6F_label_en-US" xlink:label="lab_ocn_MarginPeriod3Member_7D975FE55104B469C012C6C5A09A7B6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 3 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod3Member_7D975FE55104B469C012C6C5A09A7B6F_documentation_en-US" xlink:label="lab_ocn_MarginPeriod3Member_7D975FE55104B469C012C6C5A09A7B6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 3 [Member]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MarginPeriod3Member" xlink:label="loc_ocn_MarginPeriod3Member_7D975FE55104B469C012C6C5A09A7B6F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LaborAndRelatedExpense_B0E17D54431D316D05C8C6C5A211B85D_terseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_B0E17D54431D316D05C8C6C5A211B85D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation and benefits</link:label>
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_B0E17D54431D316D05C8C6C5A211B85D_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_B0E17D54431D316D05C8C6C5A211B85D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor and Related Expense</link:label>
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    <link:label id="lab_ocn_ServicingAndOrigination_92D011BFE12D738E3A76C6C5A21146AB_terseLabel_en-US" xlink:label="lab_ocn_ServicingAndOrigination_92D011BFE12D738E3A76C6C5A21146AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing and origination</link:label>
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    <link:label id="lab_ocn_ServicingAndOrigination_92D011BFE12D738E3A76C6C5A21146AB_documentation_en-US" xlink:label="lab_ocn_ServicingAndOrigination_92D011BFE12D738E3A76C6C5A21146AB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-labor costs directly associated with income earned from servicing and originating mortgage loans, excluding amortization of mortgage servicing rights.</link:label>
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    <link:label id="lab_us-gaap_CommunicationsAndInformationTechnology_EC28B1D3D787BD8AFCEAC6C5A2118152_label_en-US" xlink:label="lab_us-gaap_CommunicationsAndInformationTechnology_EC28B1D3D787BD8AFCEAC6C5A2118152" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Communications and Information Technology</link:label>
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    <link:label id="lab_us-gaap_ProfessionalFees_E9D9B1465F85DDC94487C6C5A211CC0C_label_en-US" xlink:label="lab_us-gaap_ProfessionalFees_E9D9B1465F85DDC94487C6C5A211CC0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Professional Fees</link:label>
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    <link:label id="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_46797DA58A5AEF89C3A1C6C5A1654878_negatedTerseLabel_en-US" xlink:label="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_46797DA58A5AEF89C3A1C6C5A1654878" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Increase in valuation allowance</link:label>
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    <link:label id="lab_ocn_ForeclosureLiability_45CD02AD93271E7DD079C6C5A0D9DD12_verboseLabel_en-US" xlink:label="lab_ocn_ForeclosureLiability_45CD02AD93271E7DD079C6C5A0D9DD12" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Foreclosure Liability</link:label>
    <link:label id="lab_ocn_ForeclosureLiability_45CD02AD93271E7DD079C6C5A0D9DD12_label_en-US" xlink:label="lab_ocn_ForeclosureLiability_45CD02AD93271E7DD079C6C5A0D9DD12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreclosure Liability</link:label>
    <link:label id="lab_ocn_ForeclosureLiability_45CD02AD93271E7DD079C6C5A0D9DD12_documentation_en-US" xlink:label="lab_ocn_ForeclosureLiability_45CD02AD93271E7DD079C6C5A0D9DD12" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the liability for certain foreclosure matters.</link:label>
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    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_AFB368CB4ECB970B1577C6C5A0D95A23_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_AFB368CB4ECB970B1577C6C5A0D95A23" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additional purchase price due seller - ResCap Acquisition</link:label>
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    <link:label id="lab_ocn_ChecksHeldForEscheat_528C0085D9F1F9B97121C6C5A0D974BB_terseLabel_en-US" xlink:label="lab_ocn_ChecksHeldForEscheat_528C0085D9F1F9B97121C6C5A0D974BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Checks Held For Escheat</link:label>
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    <link:label id="lab_ocn_LiabilityForUncertainTaxPositions_F9A099C21A64B6669EADC6C5A0D9C439_terseLabel_en-US" xlink:label="lab_ocn_LiabilityForUncertainTaxPositions_F9A099C21A64B6669EADC6C5A0D9C439" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability For Uncertain Tax Positions</link:label>
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    <link:label id="lab_ocn_LiabilityForUncertainTaxPositions_F9A099C21A64B6669EADC6C5A0D9C439_documentation_en-US" xlink:label="lab_ocn_LiabilityForUncertainTaxPositions_F9A099C21A64B6669EADC6C5A0D9C439" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount recognized for uncertain tax positions as of the balance sheet date.</link:label>
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    <link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_DBC1F933F4FFECEC93EBC6C5A0D9320C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_DBC1F933F4FFECEC93EBC6C5A0D9320C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_3BE5E6238A3752782A1EC6C5A0D97589" xlink:type="locator" />
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    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_7FE227D97FCAA4BC4DFDC6C5A34A3F76_terseLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_7FE227D97FCAA4BC4DFDC6C5A34A3F76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Match Funded Advance</link:label>
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_7FE227D97FCAA4BC4DFDC6C5A34A3F76_label_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_7FE227D97FCAA4BC4DFDC6C5A34A3F76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers Accounted For As Secured Borrowings Advances [Text Block]</link:label>
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    <link:label id="lab_ocn_RegulatoryRequirementsTextBlock_50CED535510E5DDD8675C6C5A4633499_terseLabel_en-US" xlink:label="lab_ocn_RegulatoryRequirementsTextBlock_50CED535510E5DDD8675C6C5A4633499" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory Requirements</link:label>
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    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_601C1C2F029C53F986C9C6C5A463C497_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_601C1C2F029C53F986C9C6C5A463C497" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table Text Block]</link:label>
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    <link:label id="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_77F0501DF64FC626F46CC6C5A1F20094_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_77F0501DF64FC626F46CC6C5A1F20094" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Activity In Match Funded Advances</link:label>
    <link:label id="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_77F0501DF64FC626F46CC6C5A1F20094_label_en-US" xlink:label="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_77F0501DF64FC626F46CC6C5A1F20094" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Activity In Match Funded Advances [Table Text Block]</link:label>
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    <link:label id="lab_ocn_ScheduleofInterestExpenseTable_07EF3BCB0D47E0F4750CC6C5A1E21CB9_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseTable_07EF3BCB0D47E0F4750CC6C5A1E21CB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Interest Expense [Table]</link:label>
    <link:label id="lab_ocn_ScheduleofInterestExpenseTable_07EF3BCB0D47E0F4750CC6C5A1E21CB9_label_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseTable_07EF3BCB0D47E0F4750CC6C5A1E21CB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Interest Expense [Table]</link:label>
    <link:label id="lab_ocn_ScheduleofInterestExpenseTable_07EF3BCB0D47E0F4750CC6C5A1E21CB9_documentation_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseTable_07EF3BCB0D47E0F4750CC6C5A1E21CB9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Interest Expense [Table]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ScheduleofInterestExpenseTable" xlink:label="loc_ocn_ScheduleofInterestExpenseTable_07EF3BCB0D47E0F4750CC6C5A1E21CB9" xlink:type="locator" />
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    <link:label id="lab_ocn_ScheduleofInterestExpenseLineItems_43B2CB15764B21AE73DAC6C5A1E29119_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseLineItems_43B2CB15764B21AE73DAC6C5A1E29119" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Interest Expense [Line Items]</link:label>
    <link:label id="lab_ocn_ScheduleofInterestExpenseLineItems_43B2CB15764B21AE73DAC6C5A1E29119_label_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseLineItems_43B2CB15764B21AE73DAC6C5A1E29119" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Interest Expense [Line Items]</link:label>
    <link:label id="lab_ocn_ScheduleofInterestExpenseLineItems_43B2CB15764B21AE73DAC6C5A1E29119_documentation_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseLineItems_43B2CB15764B21AE73DAC6C5A1E29119" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Schedule of Interest Expense [Table]</link:label>
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    <link:label id="lab_us-gaap_ServicingFeesNet_9EEB73CA30AEA9FBECDAC6C5A1E2C5CC_negatedLabel_en-US" xlink:label="lab_us-gaap_ServicingFeesNet_9EEB73CA30AEA9FBECDAC6C5A1E2C5CC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Servicing fees collected on behalf of HLSS</link:label>
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    <link:label id="lab_ocn_BankServicingFeesRetained_81F732176A2CC51E6DB6C6C5A1E2837B_terseLabel_en-US" xlink:label="lab_ocn_BankServicingFeesRetained_81F732176A2CC51E6DB6C6C5A1E2837B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Subservicing fee retained by Ocwen</link:label>
    <link:label id="lab_ocn_BankServicingFeesRetained_81F732176A2CC51E6DB6C6C5A1E2837B_label_en-US" xlink:label="lab_ocn_BankServicingFeesRetained_81F732176A2CC51E6DB6C6C5A1E2837B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Servicing Fees Retained</link:label>
    <link:label id="lab_ocn_BankServicingFeesRetained_81F732176A2CC51E6DB6C6C5A1E2837B_documentation_en-US" xlink:label="lab_ocn_BankServicingFeesRetained_81F732176A2CC51E6DB6C6C5A1E2837B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank Servicing Fees Retained</link:label>
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    <link:label id="lab_ocn_BankServicingFeesRemitted_7D3613F1788DE388701EC6C5A1E2C4F8_totalLabel_en-US" xlink:label="lab_ocn_BankServicingFeesRemitted_7D3613F1788DE388701EC6C5A1E2C4F8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net servicing fees remitted to HLSS</link:label>
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    <link:label id="lab_ocn_ReductioninFinancingLiability_8E822F74193273C35964C6C5A1E25D6E_negatedTerseLabel_en-US" xlink:label="lab_ocn_ReductioninFinancingLiability_8E822F74193273C35964C6C5A1E25D6E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Reduction in financing liability</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_66764316E19C2EF4DA1BC6C5A2ADC86F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommonStockSharesIssued_FBC5AEF136A8B3EB7BC9C6C5A2AD7DDD_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_FBC5AEF136A8B3EB7BC9C6C5A2AD7DDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares issued</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_FBC5AEF136A8B3EB7BC9C6C5A2AD7DDD_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_FBC5AEF136A8B3EB7BC9C6C5A2AD7DDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_FBC5AEF136A8B3EB7BC9C6C5A2AD7DDD" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_DEB53C8973715EB0C3CAC6C5A2AD9B07_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_DEB53C8973715EB0C3CAC6C5A2AD9B07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_DEB53C8973715EB0C3CAC6C5A2AD9B07" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_D3D166B8C67C9A12EC30C6C5A1A4E0DC_label_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_D3D166B8C67C9A12EC30C6C5A1A4E0DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reported Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_D3D166B8C67C9A12EC30C6C5A1A4E0DC" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_E39EA53746182A31A383C6C5A1A45768_terseLabel_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_E39EA53746182A31A383C6C5A1A45768" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_E39EA53746182A31A383C6C5A1A45768" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_E39EA53746182A31A383C6C5A1A45768" xlink:to="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_E39EA53746182A31A383C6C5A1A45768" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_71126B19727D7B4501E8C6C5A1A4990D_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_71126B19727D7B4501E8C6C5A1A4990D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 1 [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_71126B19727D7B4501E8C6C5A1A4990D_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_71126B19727D7B4501E8C6C5A1A4990D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_71126B19727D7B4501E8C6C5A1A4990D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_71126B19727D7B4501E8C6C5A1A4990D" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_71126B19727D7B4501E8C6C5A1A4990D" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_79BF9981F819D8927A67C6C5A1A4060D_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_79BF9981F819D8927A67C6C5A1A4060D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2 [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_79BF9981F819D8927A67C6C5A1A4060D_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_79BF9981F819D8927A67C6C5A1A4060D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_79BF9981F819D8927A67C6C5A1A4060D" xlink:type="locator" />
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    <link:label id="lab_ocn_FinancialAssetsAbstract_97D82782317DA1FDD3B5C6C5A1A456C0_terseLabel_en-US" xlink:label="lab_ocn_FinancialAssetsAbstract_97D82782317DA1FDD3B5C6C5A1A456C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets:</link:label>
    <link:label id="lab_ocn_FinancialAssetsAbstract_97D82782317DA1FDD3B5C6C5A1A456C0_label_en-US" xlink:label="lab_ocn_FinancialAssetsAbstract_97D82782317DA1FDD3B5C6C5A1A456C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assets [Abstract]</link:label>
    <link:label id="lab_ocn_FinancialAssetsAbstract_97D82782317DA1FDD3B5C6C5A1A456C0_documentation_en-US" xlink:label="lab_ocn_FinancialAssetsAbstract_97D82782317DA1FDD3B5C6C5A1A456C0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_FinancialAssetsAbstract" xlink:label="loc_ocn_FinancialAssetsAbstract_97D82782317DA1FDD3B5C6C5A1A456C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancialAssetsAbstract_97D82782317DA1FDD3B5C6C5A1A456C0" xlink:to="lab_ocn_FinancialAssetsAbstract_97D82782317DA1FDD3B5C6C5A1A456C0" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_5FDDE334AA933CDD2BD6C6C5A1A4607F_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_5FDDE334AA933CDD2BD6C6C5A1A4607F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans held for sale, at lower of cost or fair value</link:label>
    <link:label id="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_5FDDE334AA933CDD2BD6C6C5A1A4607F_label_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_5FDDE334AA933CDD2BD6C6C5A1A4607F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held For Sale At Lower Cost Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_5FDDE334AA933CDD2BD6C6C5A1A4607F_documentation_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_5FDDE334AA933CDD2BD6C6C5A1A4607F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents loans held-for-sale at lower cost of fair value as presented on the statement of financial position which may include mortgage loans held-for-sale, finance receivables held-for-sale, or any other loans classified as held-for-sale which are due the Company as of the balance sheet date.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" xlink:label="loc_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_5FDDE334AA933CDD2BD6C6C5A1A4607F" xlink:type="locator" />
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    <link:label id="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_9F0B95BC28333B1BEC26C6C5A1A48391_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_9F0B95BC28333B1BEC26C6C5A1A48391" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans held for investment - Reverse mortgages, at fair value</link:label>
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    <link:label id="lab_us-gaap_ReceivablesFairValueDisclosure_51CBAF02F28B55B82C84C6C5A1A46C61_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesFairValueDisclosure_51CBAF02F28B55B82C84C6C5A1A46C61" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables, net</link:label>
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    <link:label id="lab_ocn_FinancialLiabilitiesAbstract_6C3F8C6C10CC7F4D2176C6C5A1A4E141_terseLabel_en-US" xlink:label="lab_ocn_FinancialLiabilitiesAbstract_6C3F8C6C10CC7F4D2176C6C5A1A4E141" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities:</link:label>
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    <link:label id="lab_ocn_FinancingLiabilitiesAbstract_415E4DD08276CEFDE565C6C5A1A47839_terseLabel_en-US" xlink:label="lab_ocn_FinancingLiabilitiesAbstract_415E4DD08276CEFDE565C6C5A1A47839" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing liabilities:</link:label>
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    <link:loc xlink:href="ocn-20140331.xsd#ocn_FinancingLiabilitiesAbstract" xlink:label="loc_ocn_FinancingLiabilitiesAbstract_415E4DD08276CEFDE565C6C5A1A47839" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancingLiabilitiesAbstract_415E4DD08276CEFDE565C6C5A1A47839" xlink:to="lab_ocn_FinancingLiabilitiesAbstract_415E4DD08276CEFDE565C6C5A1A47839" xlink:type="arc" />
    <link:label id="lab_ocn_HMBSBorrowingsFairValueDisclosure_CA31C28DD8DC0A61BB01C6C5A1A43CF0_terseLabel_en-US" xlink:label="lab_ocn_HMBSBorrowingsFairValueDisclosure_CA31C28DD8DC0A61BB01C6C5A1A43CF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HMBS-related borrowings, at fair value</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_HMBSBorrowingsFairValueDisclosure" xlink:label="loc_ocn_HMBSBorrowingsFairValueDisclosure_CA31C28DD8DC0A61BB01C6C5A1A43CF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HMBSBorrowingsFairValueDisclosure_CA31C28DD8DC0A61BB01C6C5A1A43CF0" xlink:to="lab_ocn_HMBSBorrowingsFairValueDisclosure_CA31C28DD8DC0A61BB01C6C5A1A43CF0" xlink:type="arc" />
    <link:label id="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_10DFC3A0120C29A8E673C6C5A1A4BB90_terseLabel_en-US" xlink:label="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_10DFC3A0120C29A8E673C6C5A1A4BB90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_10DFC3A0120C29A8E673C6C5A1A4BB90_label_en-US" xlink:label="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_10DFC3A0120C29A8E673C6C5A1A4BB90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financing Liabilities, Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_10DFC3A0120C29A8E673C6C5A1A4BB90_documentation_en-US" xlink:label="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_10DFC3A0120C29A8E673C6C5A1A4BB90" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financing Liabilities, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_OtherFinancingLiabilitiesFairValueDisclosure" xlink:label="loc_ocn_OtherFinancingLiabilitiesFairValueDisclosure_10DFC3A0120C29A8E673C6C5A1A4BB90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherFinancingLiabilitiesFairValueDisclosure_10DFC3A0120C29A8E673C6C5A1A4BB90" xlink:to="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_10DFC3A0120C29A8E673C6C5A1A4BB90" xlink:type="arc" />
    <link:label id="lab_ocn_FinancingLiabilitiesFairValueDisclosure_E28DF10EC3444D51401CC6C5A1A44FCB_terseLabel_en-US" xlink:label="lab_ocn_FinancingLiabilitiesFairValueDisclosure_E28DF10EC3444D51401CC6C5A1A44FCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Financing liabilities</link:label>
    <link:label id="lab_ocn_FinancingLiabilitiesFairValueDisclosure_E28DF10EC3444D51401CC6C5A1A44FCB_label_en-US" xlink:label="lab_ocn_FinancingLiabilitiesFairValueDisclosure_E28DF10EC3444D51401CC6C5A1A44FCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Liabilities, Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_FinancingLiabilitiesFairValueDisclosure_E28DF10EC3444D51401CC6C5A1A44FCB_documentation_en-US" xlink:label="lab_ocn_FinancingLiabilitiesFairValueDisclosure_E28DF10EC3444D51401CC6C5A1A44FCB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Liabilities, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_FinancingLiabilitiesFairValueDisclosure" xlink:label="loc_ocn_FinancingLiabilitiesFairValueDisclosure_E28DF10EC3444D51401CC6C5A1A44FCB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancingLiabilitiesFairValueDisclosure_E28DF10EC3444D51401CC6C5A1A44FCB" xlink:to="lab_ocn_FinancingLiabilitiesFairValueDisclosure_E28DF10EC3444D51401CC6C5A1A44FCB" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_989327854F76A7574CB7C6C5A1A4C175_terseLabel_en-US" xlink:label="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_989327854F76A7574CB7C6C5A1A4C175" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other secured borrowings:</link:label>
    <link:label id="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_989327854F76A7574CB7C6C5A1A4C175_label_en-US" xlink:label="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_989327854F76A7574CB7C6C5A1A4C175" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Debt [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract" xlink:label="loc_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_989327854F76A7574CB7C6C5A1A4C175" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_989327854F76A7574CB7C6C5A1A4C175" xlink:to="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_989327854F76A7574CB7C6C5A1A4C175" xlink:type="arc" />
    <link:label id="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_D91CA98709FDDF52308FC6C5A1B3A8A7_terseLabel_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_D91CA98709FDDF52308FC6C5A1B3A8A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior secured term loan</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_D91CA98709FDDF52308FC6C5A1B3A8A7_label_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_D91CA98709FDDF52308FC6C5A1B3A8A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Secured Term Loan Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_D91CA98709FDDF52308FC6C5A1B3A8A7_documentation_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_D91CA98709FDDF52308FC6C5A1B3A8A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents fair value disclosure of senior secured term loan.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_SeniorSecuredTermLoanFairValueDisclosure" xlink:label="loc_ocn_SeniorSecuredTermLoanFairValueDisclosure_D91CA98709FDDF52308FC6C5A1B3A8A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeniorSecuredTermLoanFairValueDisclosure_D91CA98709FDDF52308FC6C5A1B3A8A7" xlink:to="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_D91CA98709FDDF52308FC6C5A1B3A8A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_110350C80906B81FBB22C6C5A1B33F5A_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_110350C80906B81FBB22C6C5A1B33F5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_110350C80906B81FBB22C6C5A1B33F5A_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_110350C80906B81FBB22C6C5A1B33F5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_110350C80906B81FBB22C6C5A1B33F5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_110350C80906B81FBB22C6C5A1B33F5A" xlink:to="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_110350C80906B81FBB22C6C5A1B33F5A" xlink:type="arc" />
    <link:label id="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_20974868965CE75A0B34C6C5A1B3276F_terseLabel_en-US" xlink:label="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_20974868965CE75A0B34C6C5A1B3276F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Other secured borrowings</link:label>
    <link:label id="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_20974868965CE75A0B34C6C5A1B3276F_label_en-US" xlink:label="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_20974868965CE75A0B34C6C5A1B3276F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Borrowings Including Secured Borrowings</link:label>
    <link:label id="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_20974868965CE75A0B34C6C5A1B3276F_documentation_en-US" xlink:label="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_20974868965CE75A0B34C6C5A1B3276F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents amount of other borrowings including secured borrowings.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_OtherBorrowingsIncludingSecuredBorrowings" xlink:label="loc_ocn_OtherBorrowingsIncludingSecuredBorrowings_20974868965CE75A0B34C6C5A1B3276F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherBorrowingsIncludingSecuredBorrowings_20974868965CE75A0B34C6C5A1B3276F" xlink:to="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_20974868965CE75A0B34C6C5A1B3276F" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeFinancialInstruments1Abstract_C61AE365545884276471C6C5A1B39C8B_terseLabel_en-US" xlink:label="lab_ocn_DerivativeFinancialInstruments1Abstract_C61AE365545884276471C6C5A1B39C8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments:</link:label>
    <link:label id="lab_ocn_DerivativeFinancialInstruments1Abstract_C61AE365545884276471C6C5A1B39C8B_label_en-US" xlink:label="lab_ocn_DerivativeFinancialInstruments1Abstract_C61AE365545884276471C6C5A1B39C8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative financial instruments (1): [Abstract]</link:label>
    <link:label id="lab_ocn_DerivativeFinancialInstruments1Abstract_C61AE365545884276471C6C5A1B39C8B_documentation_en-US" xlink:label="lab_ocn_DerivativeFinancialInstruments1Abstract_C61AE365545884276471C6C5A1B39C8B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_DerivativeFinancialInstruments1Abstract" xlink:label="loc_ocn_DerivativeFinancialInstruments1Abstract_C61AE365545884276471C6C5A1B39C8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeFinancialInstruments1Abstract_C61AE365545884276471C6C5A1B39C8B" xlink:to="lab_ocn_DerivativeFinancialInstruments1Abstract_C61AE365545884276471C6C5A1B39C8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeAssets_166F3D0BCDFA670D932AC6C5A1B32657_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_166F3D0BCDFA670D932AC6C5A1B32657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_us-gaap_DerivativeAssets_166F3D0BCDFA670D932AC6C5A1B32657_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_166F3D0BCDFA670D932AC6C5A1B32657" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_166F3D0BCDFA670D932AC6C5A1B32657" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_166F3D0BCDFA670D932AC6C5A1B32657" xlink:to="lab_us-gaap_DerivativeAssets_166F3D0BCDFA670D932AC6C5A1B32657" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServiceRightsAbstract_32534680B61E0B2A1DC3C6C5A1B394AD_terseLabel_en-US" xlink:label="lab_ocn_MortgageServiceRightsAbstract_32534680B61E0B2A1DC3C6C5A1B394AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MSRs:</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsAbstract_32534680B61E0B2A1DC3C6C5A1B394AD_label_en-US" xlink:label="lab_ocn_MortgageServiceRightsAbstract_32534680B61E0B2A1DC3C6C5A1B394AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights [Abstract]</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsAbstract_32534680B61E0B2A1DC3C6C5A1B394AD_documentation_en-US" xlink:label="lab_ocn_MortgageServiceRightsAbstract_32534680B61E0B2A1DC3C6C5A1B394AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights [Abstract]</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MortgageServiceRightsAbstract" xlink:label="loc_ocn_MortgageServiceRightsAbstract_32534680B61E0B2A1DC3C6C5A1B394AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServiceRightsAbstract_32534680B61E0B2A1DC3C6C5A1B394AD" xlink:to="lab_ocn_MortgageServiceRightsAbstract_32534680B61E0B2A1DC3C6C5A1B394AD" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServicingRights_1CF597CB74B023883FC8C6C5A1B3BE65_terseLabel_en-US" xlink:label="lab_ocn_MortgageServicingRights_1CF597CB74B023883FC8C6C5A1B3BE65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MSRs, at fair value</link:label>
    <link:label id="lab_ocn_MortgageServicingRights_1CF597CB74B023883FC8C6C5A1B3BE65_label_en-US" xlink:label="lab_ocn_MortgageServicingRights_1CF597CB74B023883FC8C6C5A1B3BE65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights</link:label>
    <link:label id="lab_ocn_MortgageServicingRights_1CF597CB74B023883FC8C6C5A1B3BE65_documentation_en-US" xlink:label="lab_ocn_MortgageServicingRights_1CF597CB74B023883FC8C6C5A1B3BE65" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents amount of mortgage servicing rights carried at fair value.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MortgageServicingRights" xlink:label="loc_ocn_MortgageServicingRights_1CF597CB74B023883FC8C6C5A1B3BE65" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingRights_1CF597CB74B023883FC8C6C5A1B3BE65" xlink:to="lab_ocn_MortgageServicingRights_1CF597CB74B023883FC8C6C5A1B3BE65" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServiceRightsAmortizedCost_F1FB968FE49F73F895FEC6C5A1B3DB67_terseLabel_en-US" xlink:label="lab_ocn_MortgageServiceRightsAmortizedCost_F1FB968FE49F73F895FEC6C5A1B3DB67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MSRs, at amortized cost</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MortgageServiceRightsAmortizedCost" xlink:label="loc_ocn_MortgageServiceRightsAmortizedCost_F1FB968FE49F73F895FEC6C5A1B3DB67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServiceRightsAmortizedCost_F1FB968FE49F73F895FEC6C5A1B3DB67" xlink:to="lab_ocn_MortgageServiceRightsAmortizedCost_F1FB968FE49F73F895FEC6C5A1B3DB67" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServiceRightsFairValueDisclosure_1BCF7D3C64E632760C5AC6C5A1B34235_terseLabel_en-US" xlink:label="lab_ocn_MortgageServiceRightsFairValueDisclosure_1BCF7D3C64E632760C5AC6C5A1B34235" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total MSRs</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsFairValueDisclosure_1BCF7D3C64E632760C5AC6C5A1B34235_label_en-US" xlink:label="lab_ocn_MortgageServiceRightsFairValueDisclosure_1BCF7D3C64E632760C5AC6C5A1B34235" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights, Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsFairValueDisclosure_1BCF7D3C64E632760C5AC6C5A1B34235_documentation_en-US" xlink:label="lab_ocn_MortgageServiceRightsFairValueDisclosure_1BCF7D3C64E632760C5AC6C5A1B34235" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_MortgageServiceRightsFairValueDisclosure" xlink:label="loc_ocn_MortgageServiceRightsFairValueDisclosure_1BCF7D3C64E632760C5AC6C5A1B34235" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServiceRightsFairValueDisclosure_1BCF7D3C64E632760C5AC6C5A1B34235" xlink:to="lab_ocn_MortgageServiceRightsFairValueDisclosure_1BCF7D3C64E632760C5AC6C5A1B34235" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_7D5216A29E2A6107D00CC6C5A250B6DB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_7D5216A29E2A6107D00CC6C5A250B6DB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Proceeds received from securitizations</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_7D5216A29E2A6107D00CC6C5A250B6DB_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_7D5216A29E2A6107D00CC6C5A250B6DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Securitizations of Loans Held-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale" xlink:label="loc_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_7D5216A29E2A6107D00CC6C5A250B6DB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_27160D6BB75536C16441C6C5A250D412_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_27160D6BB75536C16441C6C5A250D412" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Servicing fees collected</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees" xlink:label="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_27160D6BB75536C16441C6C5A250D412" xlink:type="locator" />
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    <link:label id="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_3FE2AFEEEDC1CF2323EEC6C5A2504B46_label_en-US" xlink:label="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_3FE2AFEEEDC1CF2323EEC6C5A2504B46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales</link:label>
    <link:label id="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_3FE2AFEEEDC1CF2323EEC6C5A2504B46_documentation_en-US" xlink:label="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_3FE2AFEEEDC1CF2323EEC6C5A2504B46" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" xlink:label="loc_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_3FE2AFEEEDC1CF2323EEC6C5A2504B46" xlink:type="locator" />
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    <link:label id="lab_ocn_ConsolidatedStatementsOfCashFlowsAbstract_1C4EBB404DDD4DFCDA28DACB9312D880_label_en-US" xlink:label="lab_ocn_ConsolidatedStatementsOfCashFlowsAbstract_1C4EBB404DDD4DFCDA28DACB9312D880" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]</link:label>
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    <link:loc xlink:href="ocn-20140331.xsd#ocn_ConsolidatedStatementsOfCashFlowsAbstract" xlink:label="loc_ocn_ConsolidatedStatementsOfCashFlowsAbstract_1C4EBB404DDD4DFCDA28DACB9312D880" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ConsolidatedStatementsOfCashFlowsAbstract_1C4EBB404DDD4DFCDA28DACB9312D880" xlink:to="lab_ocn_ConsolidatedStatementsOfCashFlowsAbstract_1C4EBB404DDD4DFCDA28DACB9312D880" xlink:type="arc" />
    <link:label id="lab_ocn_CashFlowsFromOperatingActivitiesAbstract_8CB5E308EDB005B104C0DACB931345C4_terseLabel_en-US" xlink:label="lab_ocn_CashFlowsFromOperatingActivitiesAbstract_8CB5E308EDB005B104C0DACB931345C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from operating activities</link:label>
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    <link:loc xlink:href="ocn-20140331.xsd#ocn_CashFlowsFromOperatingActivitiesAbstract" xlink:label="loc_ocn_CashFlowsFromOperatingActivitiesAbstract_8CB5E308EDB005B104C0DACB931345C4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_731061856BAB3FB1B1F3DACB931358F1_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_731061856BAB3FB1B1F3DACB931358F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_731061856BAB3FB1B1F3DACB931358F1_label_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_731061856BAB3FB1B1F3DACB931358F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_731061856BAB3FB1B1F3DACB931358F1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProvisionForDoubtfulAccounts_CAF684124B8C532D4911DACB931409DE_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForDoubtfulAccounts_CAF684124B8C532D4911DACB931409DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for bad debts</link:label>
    <link:label id="lab_us-gaap_ProvisionForDoubtfulAccounts_CAF684124B8C532D4911DACB931409DE_label_en-US" xlink:label="lab_us-gaap_ProvisionForDoubtfulAccounts_CAF684124B8C532D4911DACB931409DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision for Doubtful Accounts</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProvisionForDoubtfulAccounts" xlink:label="loc_us-gaap_ProvisionForDoubtfulAccounts_CAF684124B8C532D4911DACB931409DE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_5C95E177E84FBD89A074DACB93149A24_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_5C95E177E84FBD89A074DACB93149A24" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of loans</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnSalesOfLoansNet" xlink:label="loc_us-gaap_GainLossOnSalesOfLoansNet_5C95E177E84FBD89A074DACB93149A24" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_A5CF6CD2351C5B348029DACB9319E2D5_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_A5CF6CD2351C5B348029DACB9319E2D5" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Realized and unrealized losses on derivative financial instruments</link:label>
    <link:label id="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_A5CF6CD2351C5B348029DACB9319E2D5_label_en-US" xlink:label="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_A5CF6CD2351C5B348029DACB9319E2D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Derivative Instruments, Net, Pretax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_A5CF6CD2351C5B348029DACB9319E2D5" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_98A48B3768A394D92E14DACB9319F3B4_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_98A48B3768A394D92E14DACB9319F3B4" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(Gain) loss on extinguishment of debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_98A48B3768A394D92E14DACB9319F3B4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_0EF08D46A35E2F5BF20CDACB9319BCA8_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_0EF08D46A35E2F5BF20CDACB9319BCA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on valuation of mortgage servicing rights, at fair value</link:label>
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    <link:label id="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_BC2F52FEBABAB1DE2B52DACB93199D44_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_BC2F52FEBABAB1DE2B52DACB93199D44" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Origination and purchase of loans held for sale</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale" xlink:label="loc_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale_2A719AD7B663A7B18466DACB93190BF2" xlink:type="locator" />
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    <link:label id="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_B6A3AE6C060B876E5958DACB931913A4_terseLabel_en-US" xlink:label="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_B6A3AE6C060B876E5958DACB931913A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities:</link:label>
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    <link:label id="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C660E7FA84E2CF6278EBDACB93191D71_negatedTerseLabel_en-US" xlink:label="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C660E7FA84E2CF6278EBDACB93191D71" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Decrease in advances and match funded advances</link:label>
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    <link:label id="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C660E7FA84E2CF6278EBDACB93191D71_documentation_en-US" xlink:label="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C660E7FA84E2CF6278EBDACB93191D71" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net change during the reporting period in the carrying amount of non-interest-bearing advances on loans serviced for others and advances transferred to special purpose entities in transactions accounted for as secured borrowings.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" xlink:label="loc_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C660E7FA84E2CF6278EBDACB93191D71" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_D901EC52AEFF4C205AADDACB93190934_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_D901EC52AEFF4C205AADDACB93190934" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(Increase) decrease in receivables and other assets, net</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_D901EC52AEFF4C205AADDACB93190934_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_D901EC52AEFF4C205AADDACB93190934" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Receivable and Other Operating Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_D901EC52AEFF4C205AADDACB93190934" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_797AD2457B018588B1FCDACB931969CB_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_797AD2457B018588B1FCDACB931969CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Decrease) increase in other liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_797AD2457B018588B1FCDACB931969CB_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_797AD2457B018588B1FCDACB931969CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_797AD2457B018588B1FCDACB931969CB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_170B61F1FAF6A0C2CE26DACB931AC57F_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_170B61F1FAF6A0C2CE26DACB931AC57F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_170B61F1FAF6A0C2CE26DACB931AC57F" xlink:type="locator" />
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    <link:label id="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_CAEAEBB75AB09AF920BCDACB931AC81C_terseLabel_en-US" xlink:label="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_CAEAEBB75AB09AF920BCDACB931AC81C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities</link:label>
    <link:label id="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_CAEAEBB75AB09AF920BCDACB931AC81C_label_en-US" xlink:label="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_CAEAEBB75AB09AF920BCDACB931AC81C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities [Abstract]</link:label>
    <link:label id="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_CAEAEBB75AB09AF920BCDACB931AC81C_documentation_en-US" xlink:label="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_CAEAEBB75AB09AF920BCDACB931AC81C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_CashFlowsFromInvestingActivitiesAbstract" xlink:label="loc_ocn_CashFlowsFromInvestingActivitiesAbstract_CAEAEBB75AB09AF920BCDACB931AC81C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CashFlowsFromInvestingActivitiesAbstract_CAEAEBB75AB09AF920BCDACB931AC81C" xlink:to="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_CAEAEBB75AB09AF920BCDACB931AC81C" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_49C92E8C5DB78AF371AEDACB931A586B_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_49C92E8C5DB78AF371AEDACB931A586B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Cash paid to acquire business</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_49C92E8C5DB78AF371AEDACB931A586B_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_49C92E8C5DB78AF371AEDACB931A586B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Net of Cash Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_49C92E8C5DB78AF371AEDACB931A586B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_49C92E8C5DB78AF371AEDACB931A586B" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_49C92E8C5DB78AF371AEDACB931A586B" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAcquiredFromAcquisition_AC09944B1447C8DD5D90DACB931AB7DB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_AC09944B1447C8DD5D90DACB931AB7DB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net cash acquired in acquisition</link:label>
    <link:label id="lab_us-gaap_CashAcquiredFromAcquisition_AC09944B1447C8DD5D90DACB931AB7DB_label_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_AC09944B1447C8DD5D90DACB931AB7DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Acquired from Acquisition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAcquiredFromAcquisition" xlink:label="loc_us-gaap_CashAcquiredFromAcquisition_AC09944B1447C8DD5D90DACB931AB7DB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_0036B590E0FAA72D8F9ADACB931A0965_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_0036B590E0FAA72D8F9ADACB931A0965" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchase of mortgage servicing rights, net</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_0036B590E0FAA72D8F9ADACB931A0965_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_0036B590E0FAA72D8F9ADACB931A0965" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Mortgage Servicing Rights (MSR)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xlink:label="loc_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_0036B590E0FAA72D8F9ADACB931A0965" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_0036B590E0FAA72D8F9ADACB931A0965" xlink:to="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_0036B590E0FAA72D8F9ADACB931A0965" xlink:type="arc" />
    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_51C3A3CD87309B9A7FF0DACB931AB6E9_negatedLabel_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_51C3A3CD87309B9A7FF0DACB931AB6E9" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Acquisition of advances in connection with the purchase of mortgage servicing rights</link:label>
    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_51C3A3CD87309B9A7FF0DACB931AB6E9_label_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_51C3A3CD87309B9A7FF0DACB931AB6E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments To Acquire Advances In Connection With Purchase Of Mortgage Servicing Rights</link:label>
    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_51C3A3CD87309B9A7FF0DACB931AB6E9_documentation_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_51C3A3CD87309B9A7FF0DACB931AB6E9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash outflow to obtain non-interest bearing advances made on loans serviced for others and other related assets.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights" xlink:label="loc_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_51C3A3CD87309B9A7FF0DACB931AB6E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_51C3A3CD87309B9A7FF0DACB931AB6E9" xlink:to="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_51C3A3CD87309B9A7FF0DACB931AB6E9" xlink:type="arc" />
    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_89EDA4E03F44F570EC8FDACB931A892C_terseLabel_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_89EDA4E03F44F570EC8FDACB931A892C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of advances in connection with the purchase of loans</link:label>
    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_89EDA4E03F44F570EC8FDACB931A892C_label_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_89EDA4E03F44F570EC8FDACB931A892C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments To Acquire Advances In Connection With Purchase Of Loans</link:label>
    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_89EDA4E03F44F570EC8FDACB931A892C_documentation_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_89EDA4E03F44F570EC8FDACB931A892C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments To Acquire Advances In Connection With Purchase Of Loans</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans" xlink:label="loc_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_89EDA4E03F44F570EC8FDACB931A892C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_E67AC36DC4A3BB4699C7DACB931A80AC_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_E67AC36DC4A3BB4699C7DACB931A80AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of advances and match funded advances</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_E67AC36DC4A3BB4699C7DACB931A80AC_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_E67AC36DC4A3BB4699C7DACB931A80AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Short-term Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfShortTermInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleOfShortTermInvestments_E67AC36DC4A3BB4699C7DACB931A80AC" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_67A355EE55D6BFE0731BDACB931A1E49_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_67A355EE55D6BFE0731BDACB931A1E49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net proceeds from sale of diversified fee-based businesses to Altisource Portfolio Solutions, SA</link:label>
    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_67A355EE55D6BFE0731BDACB931A1E49_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_67A355EE55D6BFE0731BDACB931A1E49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Divestiture of Businesses and Interests in Affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_67A355EE55D6BFE0731BDACB931A1E49" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_C7D2B11B3247048BEA44DACB931ADE64_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_C7D2B11B3247048BEA44DACB931ADE64" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Origination of loans held for investment &#8211; reverse mortgages</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireLoansHeldForInvestment" xlink:label="loc_us-gaap_PaymentsToAcquireLoansHeldForInvestment_C7D2B11B3247048BEA44DACB931ADE64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireLoansHeldForInvestment_C7D2B11B3247048BEA44DACB931ADE64" xlink:to="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_C7D2B11B3247048BEA44DACB931ADE64" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_94D8592629867BC81483DACB931A8E63_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_94D8592629867BC81483DACB931A8E63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal payments received on loans held for investment - reverse mortgages</link:label>
    <link:label id="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_94D8592629867BC81483DACB931A8E63_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_94D8592629867BC81483DACB931A8E63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Principal Repayments on Loans and Leases Held-for-investment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment" xlink:label="loc_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_94D8592629867BC81483DACB931A8E63" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_94D8592629867BC81483DACB931A8E63" xlink:to="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_94D8592629867BC81483DACB931A8E63" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2CC97BA74E66D96E9039DACB931A78CC_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2CC97BA74E66D96E9039DACB931A78CC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Additions to premises and equipment</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2CC97BA74E66D96E9039DACB931A78CC_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2CC97BA74E66D96E9039DACB931A78CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2CC97BA74E66D96E9039DACB931A78CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2CC97BA74E66D96E9039DACB931A78CC" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2CC97BA74E66D96E9039DACB931A78CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_6E8B85C64B97D8672E2FDACB931AC595_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_6E8B85C64B97D8672E2FDACB931AC595" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_6E8B85C64B97D8672E2FDACB931AC595_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_6E8B85C64B97D8672E2FDACB931AC595" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for (Proceeds from) Other Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_6E8B85C64B97D8672E2FDACB931AC595" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_6E8B85C64B97D8672E2FDACB931AC595" xlink:to="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_6E8B85C64B97D8672E2FDACB931AC595" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_24BB9536C4C9AE80A8B9DACB931AF5F6_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_24BB9536C4C9AE80A8B9DACB931AF5F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_24BB9536C4C9AE80A8B9DACB931AF5F6_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_24BB9536C4C9AE80A8B9DACB931AF5F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_24BB9536C4C9AE80A8B9DACB931AF5F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_24BB9536C4C9AE80A8B9DACB931AF5F6" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_24BB9536C4C9AE80A8B9DACB931AF5F6" xlink:type="arc" />
    <link:label id="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_B70C89A66B6D25F098FCDACB931A5898_terseLabel_en-US" xlink:label="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_B70C89A66B6D25F098FCDACB931A5898" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities</link:label>
    <link:label id="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_B70C89A66B6D25F098FCDACB931A5898_label_en-US" xlink:label="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_B70C89A66B6D25F098FCDACB931A5898" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities [Abstract]</link:label>
    <link:label id="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_B70C89A66B6D25F098FCDACB931A5898_documentation_en-US" xlink:label="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_B70C89A66B6D25F098FCDACB931A5898" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_CashFlowsFromFinancingActivitiesAbstract" xlink:label="loc_ocn_CashFlowsFromFinancingActivitiesAbstract_B70C89A66B6D25F098FCDACB931A5898" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CashFlowsFromFinancingActivitiesAbstract_B70C89A66B6D25F098FCDACB931A5898" xlink:to="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_B70C89A66B6D25F098FCDACB931A5898" xlink:type="arc" />
    <link:label id="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_479069FBFDE3E87EB793DACB931BD45F_negatedLabel_en-US" xlink:label="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_479069FBFDE3E87EB793DACB931BD45F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(Repayment of) proceeds from match funded liabilities</link:label>
    <link:label id="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_479069FBFDE3E87EB793DACB931BD45F_label_en-US" xlink:label="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_479069FBFDE3E87EB793DACB931BD45F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities</link:label>
    <link:label id="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_479069FBFDE3E87EB793DACB931BD45F_documentation_en-US" xlink:label="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_479069FBFDE3E87EB793DACB931BD45F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net cash inflow (outflow) from debt issuances and repayments associated with advances transferred to special purpose entities in transactions accounted for as secured borrowings.</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities" xlink:label="loc_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_479069FBFDE3E87EB793DACB931BD45F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_479069FBFDE3E87EB793DACB931BD45F" xlink:to="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_479069FBFDE3E87EB793DACB931BD45F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_4F4B9C1A181A8246BBA2DACB932034DD_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_4F4B9C1A181A8246BBA2DACB932034DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from other borrowings</link:label>
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_4F4B9C1A181A8246BBA2DACB932034DD_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_4F4B9C1A181A8246BBA2DACB932034DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Lines of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromLinesOfCredit_4F4B9C1A181A8246BBA2DACB932034DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromLinesOfCredit_4F4B9C1A181A8246BBA2DACB932034DD" xlink:to="lab_us-gaap_ProceedsFromLinesOfCredit_4F4B9C1A181A8246BBA2DACB932034DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfLinesOfCredit_7EBD37777113B51845F9DACB932066AE_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLinesOfCredit_7EBD37777113B51845F9DACB932066AE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayments of other borrowings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="loc_us-gaap_RepaymentsOfLinesOfCredit_7EBD37777113B51845F9DACB932066AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLinesOfCredit_7EBD37777113B51845F9DACB932066AE" xlink:to="lab_us-gaap_RepaymentsOfLinesOfCredit_7EBD37777113B51845F9DACB932066AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_79C611FD6B3A2988BE36DACB9320942E_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_79C611FD6B3A2988BE36DACB9320942E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payment of debt issuance costs &#8211; senior secured term loan</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_79C611FD6B3A2988BE36DACB9320942E_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_79C611FD6B3A2988BE36DACB9320942E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Debt Issuance Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="loc_us-gaap_PaymentsOfDebtIssuanceCosts_79C611FD6B3A2988BE36DACB9320942E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDebtIssuanceCosts_79C611FD6B3A2988BE36DACB9320942E" xlink:to="lab_us-gaap_PaymentsOfDebtIssuanceCosts_79C611FD6B3A2988BE36DACB9320942E" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_BF842FB7CBF3DB53B087DACB93201CAC_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_BF842FB7CBF3DB53B087DACB93201CAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of mortgage servicing rights accounted for as a financing</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_BF842FB7CBF3DB53B087DACB93201CAC_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_BF842FB7CBF3DB53B087DACB93201CAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_BF842FB7CBF3DB53B087DACB93201CAC_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_BF842FB7CBF3DB53B087DACB93201CAC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" xlink:label="loc_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_BF842FB7CBF3DB53B087DACB93201CAC" xlink:type="locator" />
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    <link:label id="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_E6F3465A6E089ECF5460DACB93202CD2_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_E6F3465A6E089ECF5460DACB93202CD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of loans accounted for as a financing</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_E6F3465A6E089ECF5460DACB93202CD2_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_E6F3465A6E089ECF5460DACB93202CD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sale Of Loans Accounted For As Financing</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_E6F3465A6E089ECF5460DACB93202CD2_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_E6F3465A6E089ECF5460DACB93202CD2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds From Sale Of Loans Accounted For As Financing</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing" xlink:label="loc_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_E6F3465A6E089ECF5460DACB93202CD2" xlink:type="locator" />
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    <link:label id="lab_ocn_ProceedsFromSaleofAdvances_4CA19C191CA47F58591BDACB932025DA_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_4CA19C191CA47F58591BDACB932025DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of advances accounted for as a financing</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleofAdvances_4CA19C191CA47F58591BDACB932025DA_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_4CA19C191CA47F58591BDACB932025DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sale of Advances</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleofAdvances_4CA19C191CA47F58591BDACB932025DA_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_4CA19C191CA47F58591BDACB932025DA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds From Sale of Advances</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_ProceedsFromSaleofAdvances" xlink:label="loc_ocn_ProceedsFromSaleofAdvances_4CA19C191CA47F58591BDACB932025DA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_C403F8D6F3A3079ACC1ADACB9320A3EB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_C403F8D6F3A3079ACC1ADACB9320A3EB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Repurchase of common stock</link:label>
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_C403F8D6F3A3079ACC1ADACB9320A3EB_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_C403F8D6F3A3079ACC1ADACB9320A3EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Repurchase of Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_C403F8D6F3A3079ACC1ADACB9320A3EB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RepaymentsOfOtherDebt_7246E22CD454A9CEC7B6DACB9320460B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherDebt_7246E22CD454A9CEC7B6DACB9320460B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfOtherDebt_7246E22CD454A9CEC7B6DACB9320460B_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherDebt_7246E22CD454A9CEC7B6DACB9320460B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Other Debt</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_F26E0970D9BFF40D12F5DACB9321DAF0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CashPeriodIncreaseDecrease_B9487BFF54DBBC27CDE5DACB9321320D_label_en-US" xlink:label="lab_us-gaap_CashPeriodIncreaseDecrease_B9487BFF54DBBC27CDE5DACB9321320D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashPeriodIncreaseDecrease_B9487BFF54DBBC27CDE5DACB9321320D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Cash_530940EC52E7C4F8B7C6DACB93213561_periodStartLabel_en-US" xlink:label="lab_us-gaap_Cash_530940EC52E7C4F8B7C6DACB93213561" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash at beginning of year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Cash" xlink:label="loc_us-gaap_Cash_530940EC52E7C4F8B7C6DACB93213561" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Cash_461D141954773C4483E2DACB932147B3_periodEndLabel_en-US" xlink:label="lab_us-gaap_Cash_461D141954773C4483E2DACB932147B3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash at end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Cash" xlink:label="loc_us-gaap_Cash_461D141954773C4483E2DACB932147B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Cash_461D141954773C4483E2DACB932147B3" xlink:to="lab_us-gaap_Cash_461D141954773C4483E2DACB932147B3" xlink:type="arc" />
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    <link:label id="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_ADC45399B038A0A5C175DACB9321B12C_label_en-US" xlink:label="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_ADC45399B038A0A5C175DACB9321B12C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental business acquisition information [Abstract]</link:label>
    <link:label id="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_ADC45399B038A0A5C175DACB9321B12C_documentation_en-US" xlink:label="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_ADC45399B038A0A5C175DACB9321B12C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_SupplementalBusinessAcquisitionInformationAbstract" xlink:label="loc_ocn_SupplementalBusinessAcquisitionInformationAbstract_ADC45399B038A0A5C175DACB9321B12C" xlink:type="locator" />
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    <link:label id="lab_ocn_FairValueOfAssetsAcquiredAbstract_6CF449BD63F00486EDABDACB93212FE9_terseLabel_en-US" xlink:label="lab_ocn_FairValueOfAssetsAcquiredAbstract_6CF449BD63F00486EDABDACB93212FE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of assets acquired</link:label>
    <link:label id="lab_ocn_FairValueOfAssetsAcquiredAbstract_6CF449BD63F00486EDABDACB93212FE9_label_en-US" xlink:label="lab_ocn_FairValueOfAssetsAcquiredAbstract_6CF449BD63F00486EDABDACB93212FE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair value of assets acquired [Abstract]</link:label>
    <link:label id="lab_ocn_FairValueOfAssetsAcquiredAbstract_6CF449BD63F00486EDABDACB93212FE9_documentation_en-US" xlink:label="lab_ocn_FairValueOfAssetsAcquiredAbstract_6CF449BD63F00486EDABDACB93212FE9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_FairValueOfAssetsAcquiredAbstract" xlink:label="loc_ocn_FairValueOfAssetsAcquiredAbstract_6CF449BD63F00486EDABDACB93212FE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueOfAssetsAcquiredAbstract_6CF449BD63F00486EDABDACB93212FE9" xlink:to="lab_ocn_FairValueOfAssetsAcquiredAbstract_6CF449BD63F00486EDABDACB93212FE9" xlink:type="arc" />
    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_BB167FB7C35EBE01601CDACB93216357_negatedTerseLabel_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_BB167FB7C35EBE01601CDACB93216357" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_BB167FB7C35EBE01601CDACB93216357_label_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_BB167FB7C35EBE01601CDACB93216357" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash Or Part Noncash Acquisition Advances Acquired</link:label>
    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_BB167FB7C35EBE01601CDACB93216357_documentation_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_BB167FB7C35EBE01601CDACB93216357" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncash Or Part Noncash Acquisition Advances Acquired</link:label>
    <link:loc xlink:href="ocn-20140331.xsd#ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired" xlink:label="loc_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_BB167FB7C35EBE01601CDACB93216357" xlink:type="locator" />
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    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_26AFB0A4069FDFFFBFCBDACB9321995D_negatedTerseLabel_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_26AFB0A4069FDFFFBFCBDACB9321995D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights</link:label>
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_694CBF22080563FF2FABDACB9321C69D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_694CBF22080563FF2FABDACB9321C69D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Premises and equipment</link:label>
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    <link:label id="lab_us-gaap_GoodwillPeriodIncreaseDecrease_05B2A98851FC0063B435DACB9322585F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GoodwillPeriodIncreaseDecrease_05B2A98851FC0063B435DACB9322585F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GoodwillPeriodIncreaseDecrease" xlink:label="loc_us-gaap_GoodwillPeriodIncreaseDecrease_05B2A98851FC0063B435DACB9322585F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1_A89220E08C7CE760FA03DACB9322F3F6_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1_A89220E08C7CE760FA03DACB9322F3F6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Receivables and other assets</link:label>
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    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_57C96633B4259E805004DACB93270A9D_negatedLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_57C96633B4259E805004DACB93270A9D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Fair value of assets acquired, total</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_57C96633B4259E805004DACB93270A9D" xlink:type="locator" />
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    <link:label id="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_211CF321511E91C7133ADACB9327FC3D_terseLabel_en-US" xlink:label="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_211CF321511E91C7133ADACB9327FC3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of liabilities assumed</link:label>
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    <link:loc xlink:href="ocn-20140331.xsd#ocn_FairValueOfLiabilitiesAssumedAbstract" xlink:label="loc_ocn_FairValueOfLiabilitiesAssumedAbstract_211CF321511E91C7133ADACB9327FC3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueOfLiabilitiesAssumedAbstract_211CF321511E91C7133ADACB9327FC3D" xlink:to="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_211CF321511E91C7133ADACB9327FC3D" xlink:type="arc" />
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