<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_us-gaap_TransfersAndServicingAbstract_B6F4C1BACCF0709649ABE62C2A606727_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingAbstract_B6F4C1BACCF0709649ABE62C2A606727" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers and Servicing [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TransfersAndServicingAbstract" xlink:label="loc_us-gaap_TransfersAndServicingAbstract_B6F4C1BACCF0709649ABE62C2A606727" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAndServicingAbstract_B6F4C1BACCF0709649ABE62C2A606727" xlink:to="lab_us-gaap_TransfersAndServicingAbstract_B6F4C1BACCF0709649ABE62C2A606727" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetsAtFairValueTable_2EFA6CA96B7752FD83EDE62C2A6151E8_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueTable_2EFA6CA96B7752FD83EDE62C2A6151E8" 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_2EFA6CA96B7752FD83EDE62C2A6151E8_label_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueTable_2EFA6CA96B7752FD83EDE62C2A6151E8" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetsAtFairValueTable" xlink:label="loc_us-gaap_ServicingAssetsAtFairValueTable_2EFA6CA96B7752FD83EDE62C2A6151E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetsAtFairValueTable_2EFA6CA96B7752FD83EDE62C2A6151E8" xlink:to="lab_us-gaap_ServicingAssetsAtFairValueTable_2EFA6CA96B7752FD83EDE62C2A6151E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_CounterpartyNameAxis_A305575E26593C8D5E4EE62C2A61C50C_terseLabel_en-US" xlink:label="lab_us-gaap_CounterpartyNameAxis_A305575E26593C8D5E4EE62C2A61C50C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Name [Axis]</link:label>
    <link:label id="lab_us-gaap_CounterpartyNameAxis_A305575E26593C8D5E4EE62C2A61C50C_label_en-US" xlink:label="lab_us-gaap_CounterpartyNameAxis_A305575E26593C8D5E4EE62C2A61C50C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="loc_us-gaap_CounterpartyNameAxis_A305575E26593C8D5E4EE62C2A61C50C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CounterpartyNameAxis_A305575E26593C8D5E4EE62C2A61C50C" xlink:to="lab_us-gaap_CounterpartyNameAxis_A305575E26593C8D5E4EE62C2A61C50C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_EFD54BB73DAFBD2EDB01E62C2A61FBE0_terseLabel_en-US" xlink:label="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_EFD54BB73DAFBD2EDB01E62C2A61FBE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:label id="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_EFD54BB73DAFBD2EDB01E62C2A61FBE0_label_en-US" xlink:label="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_EFD54BB73DAFBD2EDB01E62C2A61FBE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="loc_us-gaap_RepurchaseAgreementCounterpartyNameDomain_EFD54BB73DAFBD2EDB01E62C2A61FBE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepurchaseAgreementCounterpartyNameDomain_EFD54BB73DAFBD2EDB01E62C2A61FBE0" xlink:to="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_EFD54BB73DAFBD2EDB01E62C2A61FBE0" xlink:type="arc" />
    <link:label id="lab_ocn_NewResidentialInvestmentCorpMember_4497CF81CB5BDEC30527E62C2A61E48C_terseLabel_en-US" xlink:label="lab_ocn_NewResidentialInvestmentCorpMember_4497CF81CB5BDEC30527E62C2A61E48C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NRZ [Member]</link:label>
    <link:label id="lab_ocn_NewResidentialInvestmentCorpMember_4497CF81CB5BDEC30527E62C2A61E48C_label_en-US" xlink:label="lab_ocn_NewResidentialInvestmentCorpMember_4497CF81CB5BDEC30527E62C2A61E48C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Residential Investment Corp [Member]</link:label>
    <link:label id="lab_ocn_NewResidentialInvestmentCorpMember_4497CF81CB5BDEC30527E62C2A61E48C_documentation_en-US" xlink:label="lab_ocn_NewResidentialInvestmentCorpMember_4497CF81CB5BDEC30527E62C2A61E48C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">New Residential Investment Corp.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NewResidentialInvestmentCorpMember" xlink:label="loc_ocn_NewResidentialInvestmentCorpMember_4497CF81CB5BDEC30527E62C2A61E48C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NewResidentialInvestmentCorpMember_4497CF81CB5BDEC30527E62C2A61E48C" xlink:to="lab_ocn_NewResidentialInvestmentCorpMember_4497CF81CB5BDEC30527E62C2A61E48C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_CA74C76759D8481B52FAE62C2A61A4B5_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_CA74C76759D8481B52FAE62C2A61A4B5" 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_CA74C76759D8481B52FAE62C2A61A4B5_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_CA74C76759D8481B52FAE62C2A61A4B5" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_CA74C76759D8481B52FAE62C2A61A4B5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_CA74C76759D8481B52FAE62C2A61A4B5" xlink:to="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_CA74C76759D8481B52FAE62C2A61A4B5" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyDomain_84B3DB58FAE45446D1A2E62C2A610E89_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_84B3DB58FAE45446D1A2E62C2A610E89" 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_84B3DB58FAE45446D1A2E62C2A610E89_label_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_84B3DB58FAE45446D1A2E62C2A610E89" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaap_RelatedPartyDomain_84B3DB58FAE45446D1A2E62C2A610E89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyDomain_84B3DB58FAE45446D1A2E62C2A610E89" xlink:to="lab_us-gaap_RelatedPartyDomain_84B3DB58FAE45446D1A2E62C2A610E89" xlink:type="arc" />
    <link:label id="lab_ocn_HomeLoanServicingSolutionsMember_734EDD35AC1F8E18D362E62C2A61AF63_terseLabel_en-US" xlink:label="lab_ocn_HomeLoanServicingSolutionsMember_734EDD35AC1F8E18D362E62C2A61AF63" 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_HomeLoanServicingSolutionsMember_734EDD35AC1F8E18D362E62C2A61AF63_label_en-US" xlink:label="lab_ocn_HomeLoanServicingSolutionsMember_734EDD35AC1F8E18D362E62C2A61AF63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Home Loan Servicing Solutions [Member]</link:label>
    <link:label id="lab_ocn_HomeLoanServicingSolutionsMember_734EDD35AC1F8E18D362E62C2A61AF63_documentation_en-US" xlink:label="lab_ocn_HomeLoanServicingSolutionsMember_734EDD35AC1F8E18D362E62C2A61AF63" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents related party.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_HomeLoanServicingSolutionsMember" xlink:label="loc_ocn_HomeLoanServicingSolutionsMember_734EDD35AC1F8E18D362E62C2A61AF63" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HomeLoanServicingSolutionsMember_734EDD35AC1F8E18D362E62C2A61AF63" xlink:to="lab_ocn_HomeLoanServicingSolutionsMember_734EDD35AC1F8E18D362E62C2A61AF63" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialInstrumentAxis_53B7DC3E91BE93BE3856E62C2A61C277_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_53B7DC3E91BE93BE3856E62C2A61C277" 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_53B7DC3E91BE93BE3856E62C2A61C277_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_53B7DC3E91BE93BE3856E62C2A61C277" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="loc_us-gaap_FinancialInstrumentAxis_53B7DC3E91BE93BE3856E62C2A61C277" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentAxis_53B7DC3E91BE93BE3856E62C2A61C277" xlink:to="lab_us-gaap_FinancialInstrumentAxis_53B7DC3E91BE93BE3856E62C2A61C277" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_799A0F56C7334642F63AE62C2A61C84E_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_799A0F56C7334642F63AE62C2A61C84E" 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_799A0F56C7334642F63AE62C2A61C84E_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_799A0F56C7334642F63AE62C2A61C84E" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_799A0F56C7334642F63AE62C2A61C84E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_799A0F56C7334642F63AE62C2A61C84E" xlink:to="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_799A0F56C7334642F63AE62C2A61C84E" xlink:type="arc" />
    <link:label id="lab_ocn_AgencyMortgageServicingRightsMember_772D3D1118AC43C0275CE62C2A62F31F_terseLabel_en-US" xlink:label="lab_ocn_AgencyMortgageServicingRightsMember_772D3D1118AC43C0275CE62C2A62F31F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Agency MSRs [Member]</link:label>
    <link:label id="lab_ocn_AgencyMortgageServicingRightsMember_772D3D1118AC43C0275CE62C2A62F31F_label_en-US" xlink:label="lab_ocn_AgencyMortgageServicingRightsMember_772D3D1118AC43C0275CE62C2A62F31F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Agency Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_AgencyMortgageServicingRightsMember_772D3D1118AC43C0275CE62C2A62F31F_documentation_en-US" xlink:label="lab_ocn_AgencyMortgageServicingRightsMember_772D3D1118AC43C0275CE62C2A62F31F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Agency mortgage servicing rights.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AgencyMortgageServicingRightsMember" xlink:label="loc_ocn_AgencyMortgageServicingRightsMember_772D3D1118AC43C0275CE62C2A62F31F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AgencyMortgageServicingRightsMember_772D3D1118AC43C0275CE62C2A62F31F" xlink:to="lab_ocn_AgencyMortgageServicingRightsMember_772D3D1118AC43C0275CE62C2A62F31F" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServicingRightsMember_0C91568AE475D944DA67E62C2A629511_terseLabel_en-US" xlink:label="lab_ocn_MortgageServicingRightsMember_0C91568AE475D944DA67E62C2A629511" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_MortgageServicingRightsMember_0C91568AE475D944DA67E62C2A629511_label_en-US" xlink:label="lab_ocn_MortgageServicingRightsMember_0C91568AE475D944DA67E62C2A629511" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_MortgageServicingRightsMember_0C91568AE475D944DA67E62C2A629511_documentation_en-US" xlink:label="lab_ocn_MortgageServicingRightsMember_0C91568AE475D944DA67E62C2A629511" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MortgageServicingRightsMember" xlink:label="loc_ocn_MortgageServicingRightsMember_0C91568AE475D944DA67E62C2A629511" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingRightsMember_0C91568AE475D944DA67E62C2A629511" xlink:to="lab_ocn_MortgageServicingRightsMember_0C91568AE475D944DA67E62C2A629511" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_A50A7958B7E0FCF9D16AE62C2A639EFF_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_A50A7958B7E0FCF9D16AE62C2A639EFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_A50A7958B7E0FCF9D16AE62C2A639EFF_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_A50A7958B7E0FCF9D16AE62C2A639EFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_A50A7958B7E0FCF9D16AE62C2A639EFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_A50A7958B7E0FCF9D16AE62C2A639EFF" xlink:to="lab_us-gaap_LongtermDebtTypeAxis_A50A7958B7E0FCF9D16AE62C2A639EFF" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_C9A3F60D1DC0E7460695E62C2A635657_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_C9A3F60D1DC0E7460695E62C2A635657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_C9A3F60D1DC0E7460695E62C2A635657_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_C9A3F60D1DC0E7460695E62C2A635657" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_C9A3F60D1DC0E7460695E62C2A635657" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_C9A3F60D1DC0E7460695E62C2A635657" xlink:to="lab_us-gaap_LongtermDebtTypeDomain_C9A3F60D1DC0E7460695E62C2A635657" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredDebtMember_55153D3C76C9D4782145E62C2A65B706_terseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebtMember_55153D3C76C9D4782145E62C2A65B706" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Secured Debt [Member]</link:label>
    <link:label id="lab_us-gaap_SecuredDebtMember_55153D3C76C9D4782145E62C2A65B706_label_en-US" xlink:label="lab_us-gaap_SecuredDebtMember_55153D3C76C9D4782145E62C2A65B706" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Debt [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SecuredDebtMember" xlink:label="loc_us-gaap_SecuredDebtMember_55153D3C76C9D4782145E62C2A65B706" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredDebtMember_55153D3C76C9D4782145E62C2A65B706" xlink:to="lab_us-gaap_SecuredDebtMember_55153D3C76C9D4782145E62C2A65B706" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentAxis_E2B20A4474695AC5DE7DE62C2A65292A_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_E2B20A4474695AC5DE7DE62C2A65292A" 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_E2B20A4474695AC5DE7DE62C2A65292A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_E2B20A4474695AC5DE7DE62C2A65292A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_E2B20A4474695AC5DE7DE62C2A65292A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_E2B20A4474695AC5DE7DE62C2A65292A" xlink:to="lab_us-gaap_DebtInstrumentAxis_E2B20A4474695AC5DE7DE62C2A65292A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_8DE43DDE460CAA0977FAE62C2A65FE69_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_8DE43DDE460CAA0977FAE62C2A65FE69" 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_8DE43DDE460CAA0977FAE62C2A65FE69_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_8DE43DDE460CAA0977FAE62C2A65FE69" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_8DE43DDE460CAA0977FAE62C2A65FE69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_8DE43DDE460CAA0977FAE62C2A65FE69" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_8DE43DDE460CAA0977FAE62C2A65FE69" xlink:type="arc" />
    <link:label id="lab_ocn_OASISSeries20141Member_A329677B453A999690F2E62C2A654DAF_terseLabel_en-US" xlink:label="lab_ocn_OASISSeries20141Member_A329677B453A999690F2E62C2A654DAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OASIS Series 2014-1 [Member]</link:label>
    <link:label id="lab_ocn_OASISSeries20141Member_A329677B453A999690F2E62C2A654DAF_label_en-US" xlink:label="lab_ocn_OASISSeries20141Member_A329677B453A999690F2E62C2A654DAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">OASIS Series 2014-1 [Member]</link:label>
    <link:label id="lab_ocn_OASISSeries20141Member_A329677B453A999690F2E62C2A654DAF_documentation_en-US" xlink:label="lab_ocn_OASISSeries20141Member_A329677B453A999690F2E62C2A654DAF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">OASIS Series 2014-1 [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OASISSeries20141Member" xlink:label="loc_ocn_OASISSeries20141Member_A329677B453A999690F2E62C2A654DAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OASISSeries20141Member_A329677B453A999690F2E62C2A654DAF" xlink:to="lab_ocn_OASISSeries20141Member_A329677B453A999690F2E62C2A654DAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetsAtFairValueLineItems_BEB5A25BD4BAFAA7AC34E62C2A650FEC_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueLineItems_BEB5A25BD4BAFAA7AC34E62C2A650FEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing Assets at Fair Value [Line Items]</link:label>
    <link:label id="lab_us-gaap_ServicingAssetsAtFairValueLineItems_BEB5A25BD4BAFAA7AC34E62C2A650FEC_label_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueLineItems_BEB5A25BD4BAFAA7AC34E62C2A650FEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Assets at Fair Value [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetsAtFairValueLineItems" xlink:label="loc_us-gaap_ServicingAssetsAtFairValueLineItems_BEB5A25BD4BAFAA7AC34E62C2A650FEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetsAtFairValueLineItems_BEB5A25BD4BAFAA7AC34E62C2A650FEC" xlink:to="lab_us-gaap_ServicingAssetsAtFairValueLineItems_BEB5A25BD4BAFAA7AC34E62C2A650FEC" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_550967948B6B2D3972CBE62C2A653F32_verboseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_550967948B6B2D3972CBE62C2A653F32" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">UPB of rights to MSRs sold</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_550967948B6B2D3972CBE62C2A653F32_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_550967948B6B2D3972CBE62C2A653F32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Face Amount of Mortgages</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_550967948B6B2D3972CBE62C2A653F32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_550967948B6B2D3972CBE62C2A653F32" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_550967948B6B2D3972CBE62C2A653F32" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_CB120EFC7399FD40AEA2E62C2A65C141_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_CB120EFC7399FD40AEA2E62C2A65C141" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Face amount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_CB120EFC7399FD40AEA2E62C2A65C141_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_CB120EFC7399FD40AEA2E62C2A65C141" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Face Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount_CB120EFC7399FD40AEA2E62C2A65C141" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_CB120EFC7399FD40AEA2E62C2A65C141" xlink:to="lab_us-gaap_DebtInstrumentFaceAmount_CB120EFC7399FD40AEA2E62C2A65C141" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B79E0407684E40B2671CE62C2A66D3F8_verboseLabel_en-US" xlink:label="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B79E0407684E40B2671CE62C2A66D3F8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">UPB of MSRs related to Freddie Mac mortgages</link:label>
    <link:label id="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B79E0407684E40B2671CE62C2A66D3F8_label_en-US" xlink:label="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B79E0407684E40B2671CE62C2A66D3F8" 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>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PrincipalAmountOutstandingOnLoansSecuritized" xlink:label="loc_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B79E0407684E40B2671CE62C2A66D3F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B79E0407684E40B2671CE62C2A66D3F8" xlink:to="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B79E0407684E40B2671CE62C2A66D3F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_0DB61EBFA182AFBE5F65E62C2A6656E5_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_0DB61EBFA182AFBE5F65E62C2A6656E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of mortgage servicing rights</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_0DB61EBFA182AFBE5F65E62C2A6656E5_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_0DB61EBFA182AFBE5F65E62C2A6656E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Mortgage Servicing Rights (MSR)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR" xlink:label="loc_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_0DB61EBFA182AFBE5F65E62C2A6656E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_0DB61EBFA182AFBE5F65E62C2A6656E5" xlink:to="lab_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_0DB61EBFA182AFBE5F65E62C2A6656E5" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleofAdvances_67B69A1BB7736458BA48E62C2A66DE74_verboseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_67B69A1BB7736458BA48E62C2A66DE74" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of advances</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleofAdvances_67B69A1BB7736458BA48E62C2A66DE74_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_67B69A1BB7736458BA48E62C2A66DE74" 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_67B69A1BB7736458BA48E62C2A66DE74_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_67B69A1BB7736458BA48E62C2A66DE74" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from sale of advances in connection with sale of rights to MSRs.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ProceedsFromSaleofAdvances" xlink:label="loc_ocn_ProceedsFromSaleofAdvances_67B69A1BB7736458BA48E62C2A66DE74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsFromSaleofAdvances_67B69A1BB7736458BA48E62C2A66DE74" xlink:to="lab_ocn_ProceedsFromSaleofAdvances_67B69A1BB7736458BA48E62C2A66DE74" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_4F51B562772C1B6CBE68E62C231EDACB_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_4F51B562772C1B6CBE68E62C231EDACB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_4F51B562772C1B6CBE68E62C231EDACB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_4F51B562772C1B6CBE68E62C231EDACB" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_4F51B562772C1B6CBE68E62C231EDACB" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfStockOptionsVestingTableTextBlock_40C31B02A4CBB7BD1754E62C231FA38F_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfStockOptionsVestingTableTextBlock_40C31B02A4CBB7BD1754E62C231FA38F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Stock Options Vesting</link:label>
    <link:label id="lab_ocn_ScheduleOfStockOptionsVestingTableTextBlock_40C31B02A4CBB7BD1754E62C231FA38F_label_en-US" xlink:label="lab_ocn_ScheduleOfStockOptionsVestingTableTextBlock_40C31B02A4CBB7BD1754E62C231FA38F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ScheduleOfStockOptionsVestingTableTextBlock</link:label>
    <link:label id="lab_ocn_ScheduleOfStockOptionsVestingTableTextBlock_40C31B02A4CBB7BD1754E62C231FA38F_documentation_en-US" xlink:label="lab_ocn_ScheduleOfStockOptionsVestingTableTextBlock_40C31B02A4CBB7BD1754E62C231FA38F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Stock Options Vesting by type.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleOfStockOptionsVestingTableTextBlock" xlink:label="loc_ocn_ScheduleOfStockOptionsVestingTableTextBlock_40C31B02A4CBB7BD1754E62C231FA38F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfStockOptionsVestingTableTextBlock_40C31B02A4CBB7BD1754E62C231FA38F" xlink:to="lab_ocn_ScheduleOfStockOptionsVestingTableTextBlock_40C31B02A4CBB7BD1754E62C231FA38F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_6CF641614C47D5BA5FA2E62C231FF62A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_6CF641614C47D5BA5FA2E62C231FF62A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Stock Option Activity</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_6CF641614C47D5BA5FA2E62C231FF62A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_6CF641614C47D5BA5FA2E62C231FF62A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_6CF641614C47D5BA5FA2E62C231FF62A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_6CF641614C47D5BA5FA2E62C231FF62A" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_6CF641614C47D5BA5FA2E62C231FF62A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_BC2075D27AA52C9292ECE62C231F4668_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_BC2075D27AA52C9292ECE62C231F4668" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Assumptions used to Value Stock Option Awards Granted</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_BC2075D27AA52C9292ECE62C231F4668_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_BC2075D27AA52C9292ECE62C231F4668" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_BC2075D27AA52C9292ECE62C231F4668" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_BC2075D27AA52C9292ECE62C231F4668" xlink:to="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_BC2075D27AA52C9292ECE62C231F4668" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_E3C29A382F39CDE0536AE62C231F2B7A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_E3C29A382F39CDE0536AE62C231F2B7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Equity-based Compensation Expense Related to Stock Options and Stock Awards and Related Excess Tax Benefit</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_E3C29A382F39CDE0536AE62C231F2B7A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_E3C29A382F39CDE0536AE62C231F2B7A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock" xlink:label="loc_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_E3C29A382F39CDE0536AE62C231F2B7A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_E3C29A382F39CDE0536AE62C231F2B7A" xlink:to="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_E3C29A382F39CDE0536AE62C231F2B7A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_71C9411E3511873BE79712C25FF53589_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_71C9411E3511873BE79712C25FF53589" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_71C9411E3511873BE79712C25FF53589" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_71C9411E3511873BE79712C25FF53589" xlink:to="lab_us-gaap_IncomeStatementAbstract_71C9411E3511873BE79712C25FF53589" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_ED9DE00A5BB328B3F87012C25FF584A8_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_ED9DE00A5BB328B3F87012C25FF584A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_ED9DE00A5BB328B3F87012C25FF584A8_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_ED9DE00A5BB328B3F87012C25FF584A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_ED9DE00A5BB328B3F87012C25FF584A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_ED9DE00A5BB328B3F87012C25FF584A8" xlink:to="lab_us-gaap_RevenuesAbstract_ED9DE00A5BB328B3F87012C25FF584A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingFeesNet_9BDDA945BC50E69C7E8912C25FF55EC4_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingFeesNet_9BDDA945BC50E69C7E8912C25FF55EC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing and subservicing fees</link:label>
    <link:label id="lab_us-gaap_ServicingFeesNet_9BDDA945BC50E69C7E8912C25FF55EC4_label_en-US" xlink:label="lab_us-gaap_ServicingFeesNet_9BDDA945BC50E69C7E8912C25FF55EC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Servicing Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingFeesNet" xlink:label="loc_us-gaap_ServicingFeesNet_9BDDA945BC50E69C7E8912C25FF55EC4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingFeesNet_9BDDA945BC50E69C7E8912C25FF55EC4" xlink:to="lab_us-gaap_ServicingFeesNet_9BDDA945BC50E69C7E8912C25FF55EC4" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_A651C8E8195F973C70D312C25FF50A2B_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_A651C8E8195F973C70D312C25FF50A2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on loans held for sale, net</link:label>
    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_A651C8E8195F973C70D312C25FF50A2B_label_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_A651C8E8195F973C70D312C25FF50A2B" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainLossOnSalesOfLoansNet" xlink:label="loc_us-gaap_GainLossOnSalesOfLoansNet_A651C8E8195F973C70D312C25FF50A2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSalesOfLoansNet_A651C8E8195F973C70D312C25FF50A2B" xlink:to="lab_us-gaap_GainLossOnSalesOfLoansNet_A651C8E8195F973C70D312C25FF50A2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueOtherFinancialServices_85C26FF85B6762957C3D12C25FF5A00D_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueOtherFinancialServices_85C26FF85B6762957C3D12C25FF5A00D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other revenues</link:label>
    <link:label id="lab_us-gaap_RevenueOtherFinancialServices_85C26FF85B6762957C3D12C25FF5A00D_label_en-US" xlink:label="lab_us-gaap_RevenueOtherFinancialServices_85C26FF85B6762957C3D12C25FF5A00D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Other Financial Services</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="loc_us-gaap_RevenueOtherFinancialServices_85C26FF85B6762957C3D12C25FF5A00D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueOtherFinancialServices_85C26FF85B6762957C3D12C25FF5A00D" xlink:to="lab_us-gaap_RevenueOtherFinancialServices_85C26FF85B6762957C3D12C25FF5A00D" xlink:type="arc" />
    <link:label id="lab_us-gaap_Revenues_E10B8FB208CC48A6E9E112C25FF564AC_totalLabel_en-US" xlink:label="lab_us-gaap_Revenues_E10B8FB208CC48A6E9E112C25FF564AC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total revenue</link:label>
    <link:label id="lab_us-gaap_Revenues_E10B8FB208CC48A6E9E112C25FF564AC_label_en-US" xlink:label="lab_us-gaap_Revenues_E10B8FB208CC48A6E9E112C25FF564AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_E10B8FB208CC48A6E9E112C25FF564AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_E10B8FB208CC48A6E9E112C25FF564AC" xlink:to="lab_us-gaap_Revenues_E10B8FB208CC48A6E9E112C25FF564AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostsAndExpensesAbstract_E5A168DCC3CFFCC6E3E112C25FF56FB1_terseLabel_en-US" xlink:label="lab_us-gaap_CostsAndExpensesAbstract_E5A168DCC3CFFCC6E3E112C25FF56FB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_us-gaap_CostsAndExpensesAbstract_E5A168DCC3CFFCC6E3E112C25FF56FB1_label_en-US" xlink:label="lab_us-gaap_CostsAndExpensesAbstract_E5A168DCC3CFFCC6E3E112C25FF56FB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Costs and Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CostsAndExpensesAbstract" xlink:label="loc_us-gaap_CostsAndExpensesAbstract_E5A168DCC3CFFCC6E3E112C25FF56FB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostsAndExpensesAbstract_E5A168DCC3CFFCC6E3E112C25FF56FB1" xlink:to="lab_us-gaap_CostsAndExpensesAbstract_E5A168DCC3CFFCC6E3E112C25FF56FB1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_0592C8EE1CB8AA47569812C25FF5A114_terseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_0592C8EE1CB8AA47569812C25FF5A114" 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_0592C8EE1CB8AA47569812C25FF5A114_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_0592C8EE1CB8AA47569812C25FF5A114" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor and Related Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_0592C8EE1CB8AA47569812C25FF5A114" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LaborAndRelatedExpense_0592C8EE1CB8AA47569812C25FF5A114" xlink:to="lab_us-gaap_LaborAndRelatedExpense_0592C8EE1CB8AA47569812C25FF5A114" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillImpairmentLoss_D6E1CD8CEB0658266E6D12C25FF5A5DC_verboseLabel_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_D6E1CD8CEB0658266E6D12C25FF5A5DC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Goodwill impairment loss</link:label>
    <link:label id="lab_us-gaap_GoodwillImpairmentLoss_D6E1CD8CEB0658266E6D12C25FF5A5DC_label_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_D6E1CD8CEB0658266E6D12C25FF5A5DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Impairment Loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="loc_us-gaap_GoodwillImpairmentLoss_D6E1CD8CEB0658266E6D12C25FF5A5DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillImpairmentLoss_D6E1CD8CEB0658266E6D12C25FF5A5DC" xlink:to="lab_us-gaap_GoodwillImpairmentLoss_D6E1CD8CEB0658266E6D12C25FF5A5DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfMortgageServicingRightsMSRs_27271BFE4531EC23644D12C25FF5F7DB_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfMortgageServicingRightsMSRs_27271BFE4531EC23644D12C25FF5F7DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of mortgage servicing rights</link:label>
    <link:label id="lab_us-gaap_AmortizationOfMortgageServicingRightsMSRs_27271BFE4531EC23644D12C25FF5F7DB_label_en-US" xlink:label="lab_us-gaap_AmortizationOfMortgageServicingRightsMSRs_27271BFE4531EC23644D12C25FF5F7DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Mortgage Servicing Rights (MSRs)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AmortizationOfMortgageServicingRightsMSRs" xlink:label="loc_us-gaap_AmortizationOfMortgageServicingRightsMSRs_27271BFE4531EC23644D12C25FF5F7DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfMortgageServicingRightsMSRs_27271BFE4531EC23644D12C25FF5F7DB" xlink:to="lab_us-gaap_AmortizationOfMortgageServicingRightsMSRs_27271BFE4531EC23644D12C25FF5F7DB" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingAndOrigination_878A857FCD210992386B12C25FF5F8E9_terseLabel_en-US" xlink:label="lab_ocn_ServicingAndOrigination_878A857FCD210992386B12C25FF5F8E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing and origination</link:label>
    <link:label id="lab_ocn_ServicingAndOrigination_878A857FCD210992386B12C25FF5F8E9_label_en-US" xlink:label="lab_ocn_ServicingAndOrigination_878A857FCD210992386B12C25FF5F8E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing and Origination</link:label>
    <link:label id="lab_ocn_ServicingAndOrigination_878A857FCD210992386B12C25FF5F8E9_documentation_en-US" xlink:label="lab_ocn_ServicingAndOrigination_878A857FCD210992386B12C25FF5F8E9" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingAndOrigination" xlink:label="loc_ocn_ServicingAndOrigination_878A857FCD210992386B12C25FF5F8E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAndOrigination_878A857FCD210992386B12C25FF5F8E9" xlink:to="lab_ocn_ServicingAndOrigination_878A857FCD210992386B12C25FF5F8E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommunicationsAndInformationTechnology_0E95E0DD72864FDDDD5B12C25FF58D02_terseLabel_en-US" xlink:label="lab_us-gaap_CommunicationsAndInformationTechnology_0E95E0DD72864FDDDD5B12C25FF58D02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Technology and communications</link:label>
    <link:label id="lab_us-gaap_CommunicationsAndInformationTechnology_0E95E0DD72864FDDDD5B12C25FF58D02_label_en-US" xlink:label="lab_us-gaap_CommunicationsAndInformationTechnology_0E95E0DD72864FDDDD5B12C25FF58D02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Communications and Information Technology</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommunicationsAndInformationTechnology" xlink:label="loc_us-gaap_CommunicationsAndInformationTechnology_0E95E0DD72864FDDDD5B12C25FF58D02" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommunicationsAndInformationTechnology_0E95E0DD72864FDDDD5B12C25FF58D02" xlink:to="lab_us-gaap_CommunicationsAndInformationTechnology_0E95E0DD72864FDDDD5B12C25FF58D02" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfessionalFees_291A779CD1900DDC03AA12C25FF6546B_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfessionalFees_291A779CD1900DDC03AA12C25FF6546B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Professional services</link:label>
    <link:label id="lab_us-gaap_ProfessionalFees_291A779CD1900DDC03AA12C25FF6546B_label_en-US" xlink:label="lab_us-gaap_ProfessionalFees_291A779CD1900DDC03AA12C25FF6546B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Professional Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProfessionalFees" xlink:label="loc_us-gaap_ProfessionalFees_291A779CD1900DDC03AA12C25FF6546B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfessionalFees_291A779CD1900DDC03AA12C25FF6546B" xlink:to="lab_us-gaap_ProfessionalFees_291A779CD1900DDC03AA12C25FF6546B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OccupancyNet_96556695310D39777D6F12C25FF64EAB_terseLabel_en-US" xlink:label="lab_us-gaap_OccupancyNet_96556695310D39777D6F12C25FF64EAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Occupancy and equipment</link:label>
    <link:label id="lab_us-gaap_OccupancyNet_96556695310D39777D6F12C25FF64EAB_label_en-US" xlink:label="lab_us-gaap_OccupancyNet_96556695310D39777D6F12C25FF64EAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Occupancy, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OccupancyNet" xlink:label="loc_us-gaap_OccupancyNet_96556695310D39777D6F12C25FF64EAB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OccupancyNet_96556695310D39777D6F12C25FF64EAB" xlink:to="lab_us-gaap_OccupancyNet_96556695310D39777D6F12C25FF64EAB" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherExpenses_C8F328E781C44AA1697B12C25FF6AB9C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherExpenses_C8F328E781C44AA1697B12C25FF6AB9C" 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_OtherExpenses_C8F328E781C44AA1697B12C25FF6AB9C_label_en-US" xlink:label="lab_us-gaap_OtherExpenses_C8F328E781C44AA1697B12C25FF6AB9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaap_OtherExpenses_C8F328E781C44AA1697B12C25FF6AB9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherExpenses_C8F328E781C44AA1697B12C25FF6AB9C" xlink:to="lab_us-gaap_OtherExpenses_C8F328E781C44AA1697B12C25FF6AB9C" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostsAndExpenses_138732D616173398C0FD12C25FF6B5BB_totalLabel_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_138732D616173398C0FD12C25FF6B5BB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total expenses</link:label>
    <link:label id="lab_us-gaap_CostsAndExpenses_138732D616173398C0FD12C25FF6B5BB_label_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_138732D616173398C0FD12C25FF6B5BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Costs and Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaap_CostsAndExpenses_138732D616173398C0FD12C25FF6B5BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostsAndExpenses_138732D616173398C0FD12C25FF6B5BB" xlink:to="lab_us-gaap_CostsAndExpenses_138732D616173398C0FD12C25FF6B5BB" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherIncomeAndExpensesAbstract_CAD3FDBE7073B90D714C12C25FF68BA6_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIncomeAndExpensesAbstract_CAD3FDBE7073B90D714C12C25FF68BA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income (expense)</link:label>
    <link:label id="lab_us-gaap_OtherIncomeAndExpensesAbstract_CAD3FDBE7073B90D714C12C25FF68BA6_label_en-US" xlink:label="lab_us-gaap_OtherIncomeAndExpensesAbstract_CAD3FDBE7073B90D714C12C25FF68BA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Income and Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherIncomeAndExpensesAbstract" xlink:label="loc_us-gaap_OtherIncomeAndExpensesAbstract_CAD3FDBE7073B90D714C12C25FF68BA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_CAD3FDBE7073B90D714C12C25FF68BA6" xlink:to="lab_us-gaap_OtherIncomeAndExpensesAbstract_CAD3FDBE7073B90D714C12C25FF68BA6" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestAndOtherIncome_433F0DFA3C60CC17EE4912C25FF6AB2B_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndOtherIncome_433F0DFA3C60CC17EE4912C25FF6AB2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_us-gaap_InterestAndOtherIncome_433F0DFA3C60CC17EE4912C25FF6AB2B_label_en-US" xlink:label="lab_us-gaap_InterestAndOtherIncome_433F0DFA3C60CC17EE4912C25FF6AB2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest and Other Income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestAndOtherIncome" xlink:label="loc_us-gaap_InterestAndOtherIncome_433F0DFA3C60CC17EE4912C25FF6AB2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndOtherIncome_433F0DFA3C60CC17EE4912C25FF6AB2B" xlink:to="lab_us-gaap_InterestAndOtherIncome_433F0DFA3C60CC17EE4912C25FF6AB2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpense_3BB49F3928B1AE09E24412C25FF6E0B0_negatedLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_3BB49F3928B1AE09E24412C25FF6E0B0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_us-gaap_InterestExpense_3BB49F3928B1AE09E24412C25FF6E0B0_label_en-US" xlink:label="lab_us-gaap_InterestExpense_3BB49F3928B1AE09E24412C25FF6E0B0" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_3BB49F3928B1AE09E24412C25FF6E0B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_3BB49F3928B1AE09E24412C25FF6E0B0" xlink:to="lab_us-gaap_InterestExpense_3BB49F3928B1AE09E24412C25FF6E0B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnSalesOfAssets_1A00D27FE6183287789E12C25FF6D843_terseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnSalesOfAssets_1A00D27FE6183287789E12C25FF6D843" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of mortgage servicing rights, net</link:label>
    <link:label id="lab_us-gaap_GainsLossesOnSalesOfAssets_1A00D27FE6183287789E12C25FF6D843_label_en-US" xlink:label="lab_us-gaap_GainsLossesOnSalesOfAssets_1A00D27FE6183287789E12C25FF6D843" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Disposition of Assets for Financial Service Operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainsLossesOnSalesOfAssets" xlink:label="loc_us-gaap_GainsLossesOnSalesOfAssets_1A00D27FE6183287789E12C25FF6D843" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnSalesOfAssets_1A00D27FE6183287789E12C25FF6D843" xlink:to="lab_us-gaap_GainsLossesOnSalesOfAssets_1A00D27FE6183287789E12C25FF6D843" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_8C48B6C5C5BE744A96D612C25FF687F5_verboseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_8C48B6C5C5BE744A96D612C25FF687F5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Gain (loss) on extinguishment of debt</link:label>
    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_8C48B6C5C5BE744A96D612C25FF687F5_label_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_8C48B6C5C5BE744A96D612C25FF687F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) on Extinguishment of Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_8C48B6C5C5BE744A96D612C25FF687F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_8C48B6C5C5BE744A96D612C25FF687F5" xlink:to="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_8C48B6C5C5BE744A96D612C25FF687F5" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherNonoperatingIncomeExpense_00685B8F5E539F1913BF12C25FF6EF75_terseLabel_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpense_00685B8F5E539F1913BF12C25FF6EF75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_OtherNonoperatingIncomeExpense_00685B8F5E539F1913BF12C25FF6EF75_label_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpense_00685B8F5E539F1913BF12C25FF6EF75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Nonoperating Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_00685B8F5E539F1913BF12C25FF6EF75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNonoperatingIncomeExpense_00685B8F5E539F1913BF12C25FF6EF75" xlink:to="lab_us-gaap_OtherNonoperatingIncomeExpense_00685B8F5E539F1913BF12C25FF6EF75" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_F6CB25ED99DCD7E8960F12C25FF68BBE_totalLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_F6CB25ED99DCD7E8960F12C25FF68BBE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other expense, net</link:label>
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_F6CB25ED99DCD7E8960F12C25FF68BBE_label_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_F6CB25ED99DCD7E8960F12C25FF68BBE" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_F6CB25ED99DCD7E8960F12C25FF68BBE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_F6CB25ED99DCD7E8960F12C25FF68BBE" xlink:to="lab_us-gaap_NonoperatingIncomeExpense_F6CB25ED99DCD7E8960F12C25FF68BBE" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_983996F4DA181C0D56A412C25FF6DA67_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_983996F4DA181C0D56A412C25FF6DA67" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income (loss) before income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_983996F4DA181C0D56A412C25FF6DA67_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_983996F4DA181C0D56A412C25FF6DA67" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_983996F4DA181C0D56A412C25FF6DA67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_983996F4DA181C0D56A412C25FF6DA67" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_983996F4DA181C0D56A412C25FF6DA67" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_1E40C5C4DD7EEE7C3E5712C25FF6733B_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_1E40C5C4DD7EEE7C3E5712C25FF6733B" 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_1E40C5C4DD7EEE7C3E5712C25FF6733B_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_1E40C5C4DD7EEE7C3E5712C25FF6733B" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_1E40C5C4DD7EEE7C3E5712C25FF6733B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_1E40C5C4DD7EEE7C3E5712C25FF6733B" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_1E40C5C4DD7EEE7C3E5712C25FF6733B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_1096F5702FC0130A403912C25FF6C684_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_1096F5702FC0130A403912C25FF6C684" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income (loss)</link:label>
    <link:label id="lab_us-gaap_ProfitLoss_1096F5702FC0130A403912C25FF6C684_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_1096F5702FC0130A403912C25FF6C684" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_1096F5702FC0130A403912C25FF6C684" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_1096F5702FC0130A403912C25FF6C684" xlink:to="lab_us-gaap_ProfitLoss_1096F5702FC0130A403912C25FF6C684" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_6CBC8AEB2093F28B2B9412C25FF72A47_negatedLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_6CBC8AEB2093F28B2B9412C25FF72A47" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to non-controlling interests</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_6CBC8AEB2093F28B2B9412C25FF72A47_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_6CBC8AEB2093F28B2B9412C25FF72A47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_6CBC8AEB2093F28B2B9412C25FF72A47" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_6CBC8AEB2093F28B2B9412C25FF72A47" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_6CBC8AEB2093F28B2B9412C25FF72A47" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_80B0D36387D7FC45CEE112C25FF79E2C_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_80B0D36387D7FC45CEE112C25FF79E2C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) attributable to Ocwen stockholders</link:label>
    <link:label id="lab_us-gaap_NetIncomeLoss_80B0D36387D7FC45CEE112C25FF79E2C_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_80B0D36387D7FC45CEE112C25FF79E2C" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_80B0D36387D7FC45CEE112C25FF79E2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_80B0D36387D7FC45CEE112C25FF79E2C" xlink:to="lab_us-gaap_NetIncomeLoss_80B0D36387D7FC45CEE112C25FF79E2C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsPreferredStock_3F9B4C4C88FCA1FD255012C25FF72B85_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_3F9B4C4C88FCA1FD255012C25FF72B85" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Preferred stock dividends</link:label>
    <link:label id="lab_us-gaap_DividendsPreferredStock_3F9B4C4C88FCA1FD255012C25FF72B85_label_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_3F9B4C4C88FCA1FD255012C25FF72B85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Preferred Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DividendsPreferredStock" xlink:label="loc_us-gaap_DividendsPreferredStock_3F9B4C4C88FCA1FD255012C25FF72B85" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPreferredStock_3F9B4C4C88FCA1FD255012C25FF72B85" xlink:to="lab_us-gaap_DividendsPreferredStock_3F9B4C4C88FCA1FD255012C25FF72B85" xlink:type="arc" />
    <link:label id="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_EDFA5AEB65290A6CBB4812C25FF73574_negatedTerseLabel_en-US" xlink:label="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_EDFA5AEB65290A6CBB4812C25FF73574" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deemed dividends related to beneficial conversion feature of preferred stock</link:label>
    <link:label id="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_EDFA5AEB65290A6CBB4812C25FF73574_label_en-US" xlink:label="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_EDFA5AEB65290A6CBB4812C25FF73574" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deemed Dividend Related To Beneficial Conversion Feature Of Preferred Stock Income Statement Impact</link:label>
    <link:label id="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_EDFA5AEB65290A6CBB4812C25FF73574_documentation_en-US" xlink:label="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_EDFA5AEB65290A6CBB4812C25FF73574" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deemed Dividend Related To Beneficial Conversion Feature Of Preferred Stock Income Statement Impact</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact" xlink:label="loc_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_EDFA5AEB65290A6CBB4812C25FF73574" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_EDFA5AEB65290A6CBB4812C25FF73574" xlink:to="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_EDFA5AEB65290A6CBB4812C25FF73574" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_B15B6052593C4A44137012C25FF7C165_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_B15B6052593C4A44137012C25FF7C165" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) attributable to Ocwen common stockholders</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_B15B6052593C4A44137012C25FF7C165_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_B15B6052593C4A44137012C25FF7C165" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Available to Common Stockholders, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_B15B6052593C4A44137012C25FF7C165" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_B15B6052593C4A44137012C25FF7C165" xlink:to="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_B15B6052593C4A44137012C25FF7C165" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_EAE9CEBF7CDA3FD38A7712C25FF79121_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_EAE9CEBF7CDA3FD38A7712C25FF79121" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings (loss) per share attributable to Ocwen common stockholders</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_EAE9CEBF7CDA3FD38A7712C25FF79121_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_EAE9CEBF7CDA3FD38A7712C25FF79121" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic and Diluted [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_EAE9CEBF7CDA3FD38A7712C25FF79121" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_EAE9CEBF7CDA3FD38A7712C25FF79121" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_EAE9CEBF7CDA3FD38A7712C25FF79121" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_8520556916D0B103D0BE12C25FF7C528_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_8520556916D0B103D0BE12C25FF7C528" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasic_8520556916D0B103D0BE12C25FF7C528_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_8520556916D0B103D0BE12C25FF7C528" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_8520556916D0B103D0BE12C25FF7C528" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_8520556916D0B103D0BE12C25FF7C528" xlink:to="lab_us-gaap_EarningsPerShareBasic_8520556916D0B103D0BE12C25FF7C528" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_B9BE6B8FE28EC0F84DA912C25FF7FF64_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_B9BE6B8FE28EC0F84DA912C25FF7FF64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_B9BE6B8FE28EC0F84DA912C25FF7FF64_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_B9BE6B8FE28EC0F84DA912C25FF7FF64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_B9BE6B8FE28EC0F84DA912C25FF7FF64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_B9BE6B8FE28EC0F84DA912C25FF7FF64" xlink:to="lab_us-gaap_EarningsPerShareDiluted_B9BE6B8FE28EC0F84DA912C25FF7FF64" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract_D5CD4539F16EFE619E6612C25FF71F3C_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract_D5CD4539F16EFE619E6612C25FF71F3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average common shares outstanding</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract_D5CD4539F16EFE619E6612C25FF71F3C_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract_D5CD4539F16EFE619E6612C25FF71F3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract_D5CD4539F16EFE619E6612C25FF71F3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract_D5CD4539F16EFE619E6612C25FF71F3C" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract_D5CD4539F16EFE619E6612C25FF71F3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_18B61BCEDEFB5D6BB8B812C25FF760A7_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_18B61BCEDEFB5D6BB8B812C25FF760A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_18B61BCEDEFB5D6BB8B812C25FF760A7_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_18B61BCEDEFB5D6BB8B812C25FF760A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_18B61BCEDEFB5D6BB8B812C25FF760A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_18B61BCEDEFB5D6BB8B812C25FF760A7" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_18B61BCEDEFB5D6BB8B812C25FF760A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_93CD17DA5B4B410FDDAF12C25FF70561_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_93CD17DA5B4B410FDDAF12C25FF70561" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_93CD17DA5B4B410FDDAF12C25FF70561_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_93CD17DA5B4B410FDDAF12C25FF70561" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_93CD17DA5B4B410FDDAF12C25FF70561" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_93CD17DA5B4B410FDDAF12C25FF70561" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_93CD17DA5B4B410FDDAF12C25FF70561" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityAbstract_C34F89CA5A8E21DA860AB1D5BE466CE1_label_en-US" xlink:label="lab_us-gaap_EquityAbstract_C34F89CA5A8E21DA860AB1D5BE466CE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EquityAbstract" xlink:label="loc_us-gaap_EquityAbstract_C34F89CA5A8E21DA860AB1D5BE466CE1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityAbstract_C34F89CA5A8E21DA860AB1D5BE466CE1" xlink:to="lab_us-gaap_EquityAbstract_C34F89CA5A8E21DA860AB1D5BE466CE1" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_271B1DAD1D609F4583ADB1D5BE464B66_negatedLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_271B1DAD1D609F4583ADB1D5BE464B66" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Unrealized losses on cash flow hedges</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_271B1DAD1D609F4583ADB1D5BE464B66_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_271B1DAD1D609F4583ADB1D5BE464B66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_271B1DAD1D609F4583ADB1D5BE464B66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_271B1DAD1D609F4583ADB1D5BE464B66" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_271B1DAD1D609F4583ADB1D5BE464B66" xlink:type="arc" />
    <link:label id="lab_ocn_AccumulatedOtherComprehensiveIncomeLossOther_FFD0C13AE3B0FE4522AFB1D5BE470DB0_negatedTerseLabel_en-US" xlink:label="lab_ocn_AccumulatedOtherComprehensiveIncomeLossOther_FFD0C13AE3B0FE4522AFB1D5BE470DB0" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ocn_AccumulatedOtherComprehensiveIncomeLossOther_FFD0C13AE3B0FE4522AFB1D5BE470DB0_label_en-US" xlink:label="lab_ocn_AccumulatedOtherComprehensiveIncomeLossOther_FFD0C13AE3B0FE4522AFB1D5BE470DB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income Loss Other</link:label>
    <link:label id="lab_ocn_AccumulatedOtherComprehensiveIncomeLossOther_FFD0C13AE3B0FE4522AFB1D5BE470DB0_documentation_en-US" xlink:label="lab_ocn_AccumulatedOtherComprehensiveIncomeLossOther_FFD0C13AE3B0FE4522AFB1D5BE470DB0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income Loss Other</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AccumulatedOtherComprehensiveIncomeLossOther" xlink:label="loc_ocn_AccumulatedOtherComprehensiveIncomeLossOther_FFD0C13AE3B0FE4522AFB1D5BE470DB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AccumulatedOtherComprehensiveIncomeLossOther_FFD0C13AE3B0FE4522AFB1D5BE470DB0" xlink:to="lab_ocn_AccumulatedOtherComprehensiveIncomeLossOther_FFD0C13AE3B0FE4522AFB1D5BE470DB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_9297FCC6A3C0FB8E3033B1D5BE471709_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_9297FCC6A3C0FB8E3033B1D5BE471709" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_9297FCC6A3C0FB8E3033B1D5BE471709_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_9297FCC6A3C0FB8E3033B1D5BE471709" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_9297FCC6A3C0FB8E3033B1D5BE471709" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_9297FCC6A3C0FB8E3033B1D5BE471709" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_9297FCC6A3C0FB8E3033B1D5BE471709" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsAbstract_AD6E071142DFB6B62816B1D5BC7D9138_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsAbstract_AD6E071142DFB6B62816B1D5BC7D9138" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transactions [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaap_RelatedPartyTransactionsAbstract_AD6E071142DFB6B62816B1D5BC7D9138" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsAbstract_AD6E071142DFB6B62816B1D5BC7D9138" xlink:to="lab_us-gaap_RelatedPartyTransactionsAbstract_AD6E071142DFB6B62816B1D5BC7D9138" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_0DC475E998D1B7134028B1D5BC7DE08A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_0DC475E998D1B7134028B1D5BC7DE08A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_0DC475E998D1B7134028B1D5BC7DE08A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_0DC475E998D1B7134028B1D5BC7DE08A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_0DC475E998D1B7134028B1D5BC7DE08A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_0DC475E998D1B7134028B1D5BC7DE08A" xlink:to="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_0DC475E998D1B7134028B1D5BC7DE08A" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceMember_CBEA5E041C54C564F80CB1D5BC7D9EDD_terseLabel_en-US" xlink:label="lab_ocn_AltisourceMember_CBEA5E041C54C564F80CB1D5BC7D9EDD" 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_CBEA5E041C54C564F80CB1D5BC7D9EDD_label_en-US" xlink:label="lab_ocn_AltisourceMember_CBEA5E041C54C564F80CB1D5BC7D9EDD" 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_CBEA5E041C54C564F80CB1D5BC7D9EDD_documentation_en-US" xlink:label="lab_ocn_AltisourceMember_CBEA5E041C54C564F80CB1D5BC7D9EDD" 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-20151231.xsd#ocn_AltisourceMember" xlink:label="loc_ocn_AltisourceMember_CBEA5E041C54C564F80CB1D5BC7D9EDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceMember_CBEA5E041C54C564F80CB1D5BC7D9EDD" xlink:to="lab_ocn_AltisourceMember_CBEA5E041C54C564F80CB1D5BC7D9EDD" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationMember_9C842A2E9B73D90E6403B1D5BC7E4600_terseLabel_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_9C842A2E9B73D90E6403B1D5BC7E4600" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AAMC [Member]</link:label>
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationMember_9C842A2E9B73D90E6403B1D5BC7E4600_label_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_9C842A2E9B73D90E6403B1D5BC7E4600" 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_9C842A2E9B73D90E6403B1D5BC7E4600_documentation_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_9C842A2E9B73D90E6403B1D5BC7E4600" 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-20151231.xsd#ocn_AltisourceAssetManagementCorporationMember" xlink:label="loc_ocn_AltisourceAssetManagementCorporationMember_9C842A2E9B73D90E6403B1D5BC7E4600" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceAssetManagementCorporationMember_9C842A2E9B73D90E6403B1D5BC7E4600" xlink:to="lab_ocn_AltisourceAssetManagementCorporationMember_9C842A2E9B73D90E6403B1D5BC7E4600" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceResidentialLpMember_B37C915E0A42BD637E25B1D5BC7E7107_terseLabel_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_B37C915E0A42BD637E25B1D5BC7E7107" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Residential [Member]</link:label>
    <link:label id="lab_ocn_AltisourceResidentialLpMember_B37C915E0A42BD637E25B1D5BC7E7107_label_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_B37C915E0A42BD637E25B1D5BC7E7107" 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_B37C915E0A42BD637E25B1D5BC7E7107_documentation_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_B37C915E0A42BD637E25B1D5BC7E7107" 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-20151231.xsd#ocn_AltisourceResidentialLpMember" xlink:label="loc_ocn_AltisourceResidentialLpMember_B37C915E0A42BD637E25B1D5BC7E7107" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceResidentialLpMember_B37C915E0A42BD637E25B1D5BC7E7107" xlink:to="lab_ocn_AltisourceResidentialLpMember_B37C915E0A42BD637E25B1D5BC7E7107" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_A67316FEB0004A933133B1D5BC7E5B3A_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_A67316FEB0004A933133B1D5BC7E5B3A" 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_A67316FEB0004A933133B1D5BC7E5B3A_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_A67316FEB0004A933133B1D5BC7E5B3A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="loc_us-gaap_RelatedPartyTransactionLineItems_A67316FEB0004A933133B1D5BC7E5B3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionLineItems_A67316FEB0004A933133B1D5BC7E5B3A" xlink:to="lab_us-gaap_RelatedPartyTransactionLineItems_A67316FEB0004A933133B1D5BC7E5B3A" xlink:type="arc" />
    <link:label id="lab_ocn_NetReceivablePayableAbstract_B65836E98BC0B8C5A812B1D5BC7E6178_terseLabel_en-US" xlink:label="lab_ocn_NetReceivablePayableAbstract_B65836E98BC0B8C5A812B1D5BC7E6178" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Receivable (Payable)</link:label>
    <link:label id="lab_ocn_NetReceivablePayableAbstract_B65836E98BC0B8C5A812B1D5BC7E6178_label_en-US" xlink:label="lab_ocn_NetReceivablePayableAbstract_B65836E98BC0B8C5A812B1D5BC7E6178" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Receivable (Payable) [Abstract]</link:label>
    <link:label id="lab_ocn_NetReceivablePayableAbstract_B65836E98BC0B8C5A812B1D5BC7E6178_documentation_en-US" xlink:label="lab_ocn_NetReceivablePayableAbstract_B65836E98BC0B8C5A812B1D5BC7E6178" 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-20151231.xsd#ocn_NetReceivablePayableAbstract" xlink:label="loc_ocn_NetReceivablePayableAbstract_B65836E98BC0B8C5A812B1D5BC7E6178" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NetReceivablePayableAbstract_B65836E98BC0B8C5A812B1D5BC7E6178" xlink:to="lab_ocn_NetReceivablePayableAbstract_B65836E98BC0B8C5A812B1D5BC7E6178" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_4D709C0966D395DED680B1D5BC836A8B_verboseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_4D709C0966D395DED680B1D5BC836A8B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net Receivable (Payable)</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_4D709C0966D395DED680B1D5BC836A8B_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_4D709C0966D395DED680B1D5BC836A8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Due from (to) Related Party</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xlink:label="loc_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_4D709C0966D395DED680B1D5BC836A8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_4D709C0966D395DED680B1D5BC836A8B" xlink:to="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_4D709C0966D395DED680B1D5BC836A8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_AD3AFB43C496ECDE5D53E5907B48CE82_label_en-US" xlink:label="lab_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_AD3AFB43C496ECDE5D53E5907B48CE82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quarterly Financial Information Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_QuarterlyFinancialInformationDisclosureAbstract" xlink:label="loc_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_AD3AFB43C496ECDE5D53E5907B48CE82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_AD3AFB43C496ECDE5D53E5907B48CE82" xlink:to="lab_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_AD3AFB43C496ECDE5D53E5907B48CE82" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterimPeriodCostsNotAllocableTable_68D92E5D895EC2630C46E5907B484E37_terseLabel_en-US" xlink:label="lab_us-gaap_InterimPeriodCostsNotAllocableTable_68D92E5D895EC2630C46E5907B484E37" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interim Period, Costs Not Allocable [Table]</link:label>
    <link:label id="lab_us-gaap_InterimPeriodCostsNotAllocableTable_68D92E5D895EC2630C46E5907B484E37_label_en-US" xlink:label="lab_us-gaap_InterimPeriodCostsNotAllocableTable_68D92E5D895EC2630C46E5907B484E37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interim Period, Costs Not Allocable [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterimPeriodCostsNotAllocableTable" xlink:label="loc_us-gaap_InterimPeriodCostsNotAllocableTable_68D92E5D895EC2630C46E5907B484E37" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterimPeriodCostsNotAllocableTable_68D92E5D895EC2630C46E5907B484E37" xlink:to="lab_us-gaap_InterimPeriodCostsNotAllocableTable_68D92E5D895EC2630C46E5907B484E37" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_FBD1001A58F7A6783BB4E5907B4928D1_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_FBD1001A58F7A6783BB4E5907B4928D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingency Nature [Axis]</link:label>
    <link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_FBD1001A58F7A6783BB4E5907B4928D1_label_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_FBD1001A58F7A6783BB4E5907B4928D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency Nature [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_FBD1001A58F7A6783BB4E5907B4928D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_FBD1001A58F7A6783BB4E5907B4928D1" xlink:to="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_FBD1001A58F7A6783BB4E5907B4928D1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyNatureDomain_A17893EC791FB7C9D1B6E5907B49B772_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_A17893EC791FB7C9D1B6E5907B49B772" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingency, Nature [Domain]</link:label>
    <link:label id="lab_us-gaap_LossContingencyNatureDomain_A17893EC791FB7C9D1B6E5907B49B772_label_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_A17893EC791FB7C9D1B6E5907B49B772" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Nature [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="loc_us-gaap_LossContingencyNatureDomain_A17893EC791FB7C9D1B6E5907B49B772" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyNatureDomain_A17893EC791FB7C9D1B6E5907B49B772" xlink:to="lab_us-gaap_LossContingencyNatureDomain_A17893EC791FB7C9D1B6E5907B49B772" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnfavorableRegulatoryActionMember_1B2071802D0F80E42DB2E5907B492B2B_terseLabel_en-US" xlink:label="lab_us-gaap_UnfavorableRegulatoryActionMember_1B2071802D0F80E42DB2E5907B492B2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unfavorable Regulatory Action [Member]</link:label>
    <link:label id="lab_us-gaap_UnfavorableRegulatoryActionMember_1B2071802D0F80E42DB2E5907B492B2B_label_en-US" xlink:label="lab_us-gaap_UnfavorableRegulatoryActionMember_1B2071802D0F80E42DB2E5907B492B2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unfavorable Regulatory Action [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnfavorableRegulatoryActionMember" xlink:label="loc_us-gaap_UnfavorableRegulatoryActionMember_1B2071802D0F80E42DB2E5907B492B2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnfavorableRegulatoryActionMember_1B2071802D0F80E42DB2E5907B492B2B" xlink:to="lab_us-gaap_UnfavorableRegulatoryActionMember_1B2071802D0F80E42DB2E5907B492B2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RegulatoryAgencyAxis_074C4A0038987114A8D1E5907B49853C_terseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryAgencyAxis_074C4A0038987114A8D1E5907B49853C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory Agency [Axis]</link:label>
    <link:label id="lab_us-gaap_RegulatoryAgencyAxis_074C4A0038987114A8D1E5907B49853C_label_en-US" xlink:label="lab_us-gaap_RegulatoryAgencyAxis_074C4A0038987114A8D1E5907B49853C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Agency [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RegulatoryAgencyAxis" xlink:label="loc_us-gaap_RegulatoryAgencyAxis_074C4A0038987114A8D1E5907B49853C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RegulatoryAgencyAxis_074C4A0038987114A8D1E5907B49853C" xlink:to="lab_us-gaap_RegulatoryAgencyAxis_074C4A0038987114A8D1E5907B49853C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RegulatoryAgencyDomain_AE9A48AB5D414B84D9BBE5907B49A8B0_terseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryAgencyDomain_AE9A48AB5D414B84D9BBE5907B49A8B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory Agency [Domain]</link:label>
    <link:label id="lab_us-gaap_RegulatoryAgencyDomain_AE9A48AB5D414B84D9BBE5907B49A8B0_label_en-US" xlink:label="lab_us-gaap_RegulatoryAgencyDomain_AE9A48AB5D414B84D9BBE5907B49A8B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Agency [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RegulatoryAgencyDomain" xlink:label="loc_us-gaap_RegulatoryAgencyDomain_AE9A48AB5D414B84D9BBE5907B49A8B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RegulatoryAgencyDomain_AE9A48AB5D414B84D9BBE5907B49A8B0" xlink:to="lab_us-gaap_RegulatoryAgencyDomain_AE9A48AB5D414B84D9BBE5907B49A8B0" xlink:type="arc" />
    <link:label id="lab_ocn_NewYorkDepartmentOfFinancialServicesMember_B7EC907E39CB7F06E058E5907B497B74_terseLabel_en-US" xlink:label="lab_ocn_NewYorkDepartmentOfFinancialServicesMember_B7EC907E39CB7F06E058E5907B497B74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New York Department of Financial Services [Member]</link:label>
    <link:label id="lab_ocn_NewYorkDepartmentOfFinancialServicesMember_B7EC907E39CB7F06E058E5907B497B74_label_en-US" xlink:label="lab_ocn_NewYorkDepartmentOfFinancialServicesMember_B7EC907E39CB7F06E058E5907B497B74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New York Department Of Financial Services [Member]</link:label>
    <link:label id="lab_ocn_NewYorkDepartmentOfFinancialServicesMember_B7EC907E39CB7F06E058E5907B497B74_documentation_en-US" xlink:label="lab_ocn_NewYorkDepartmentOfFinancialServicesMember_B7EC907E39CB7F06E058E5907B497B74" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">New York Department of Financial Services.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NewYorkDepartmentOfFinancialServicesMember" xlink:label="loc_ocn_NewYorkDepartmentOfFinancialServicesMember_B7EC907E39CB7F06E058E5907B497B74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NewYorkDepartmentOfFinancialServicesMember_B7EC907E39CB7F06E058E5907B497B74" xlink:to="lab_ocn_NewYorkDepartmentOfFinancialServicesMember_B7EC907E39CB7F06E058E5907B497B74" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterimPeriodCostsNotAllocableLineItems_DB425A20245FFCCAF698E5907B4A63B5_terseLabel_en-US" xlink:label="lab_us-gaap_InterimPeriodCostsNotAllocableLineItems_DB425A20245FFCCAF698E5907B4A63B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quarterly Results of Operations [Line Items]</link:label>
    <link:label id="lab_us-gaap_InterimPeriodCostsNotAllocableLineItems_DB425A20245FFCCAF698E5907B4A63B5_label_en-US" xlink:label="lab_us-gaap_InterimPeriodCostsNotAllocableLineItems_DB425A20245FFCCAF698E5907B4A63B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interim Period, Costs Not Allocable [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterimPeriodCostsNotAllocableLineItems" xlink:label="loc_us-gaap_InterimPeriodCostsNotAllocableLineItems_DB425A20245FFCCAF698E5907B4A63B5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterimPeriodCostsNotAllocableLineItems_DB425A20245FFCCAF698E5907B4A63B5" xlink:to="lab_us-gaap_InterimPeriodCostsNotAllocableLineItems_DB425A20245FFCCAF698E5907B4A63B5" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnSalesOfAssets_ED8B01C2F87341E88F4AE5907B4AC925_verboseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnSalesOfAssets_ED8B01C2F87341E88F4AE5907B4AC925" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) on sale of mortgage servicing rights</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainsLossesOnSalesOfAssets" xlink:label="loc_us-gaap_GainsLossesOnSalesOfAssets_ED8B01C2F87341E88F4AE5907B4AC925" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnSalesOfAssets_ED8B01C2F87341E88F4AE5907B4AC925" xlink:to="lab_us-gaap_GainsLossesOnSalesOfAssets_ED8B01C2F87341E88F4AE5907B4AC925" xlink:type="arc" />
    <link:label id="lab_us-gaap_LitigationSettlementExpense_9C35D824ED6664EFDDEDE5907B4A9B74_verboseLabel_en-US" xlink:label="lab_us-gaap_LitigationSettlementExpense_9C35D824ED6664EFDDEDE5907B4A9B74" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Losses related to regulatory settlement</link:label>
    <link:label id="lab_us-gaap_LitigationSettlementExpense_9C35D824ED6664EFDDEDE5907B4A9B74_label_en-US" xlink:label="lab_us-gaap_LitigationSettlementExpense_9C35D824ED6664EFDDEDE5907B4A9B74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Settlement, Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="loc_us-gaap_LitigationSettlementExpense_9C35D824ED6664EFDDEDE5907B4A9B74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LitigationSettlementExpense_9C35D824ED6664EFDDEDE5907B4A9B74" xlink:to="lab_us-gaap_LitigationSettlementExpense_9C35D824ED6664EFDDEDE5907B4A9B74" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillImpairmentLoss_691983841A27E270B053E5907B4A9660_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_691983841A27E270B053E5907B4A9660" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill impairment loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="loc_us-gaap_GoodwillImpairmentLoss_691983841A27E270B053E5907B4A9660" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillImpairmentLoss_691983841A27E270B053E5907B4A9660" xlink:to="lab_us-gaap_GoodwillImpairmentLoss_691983841A27E270B053E5907B4A9660" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsAbstract_27F8DD80B28AA4A4A46AB1D5BABEE0A8_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsAbstract_27F8DD80B28AA4A4A46AB1D5BABEE0A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaap_SubsequentEventsAbstract_27F8DD80B28AA4A4A46AB1D5BABEE0A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsAbstract_27F8DD80B28AA4A4A46AB1D5BABEE0A8" xlink:to="lab_us-gaap_SubsequentEventsAbstract_27F8DD80B28AA4A4A46AB1D5BABEE0A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_4E31473C05FE04A28F99B1D5BABEF547_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_4E31473C05FE04A28F99B1D5BABEF547" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Events</link:label>
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_4E31473C05FE04A28F99B1D5BABEF547_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_4E31473C05FE04A28F99B1D5BABEF547" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="loc_us-gaap_SubsequentEventsTextBlock_4E31473C05FE04A28F99B1D5BABEF547" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsTextBlock_4E31473C05FE04A28F99B1D5BABEF547" xlink:to="lab_us-gaap_SubsequentEventsTextBlock_4E31473C05FE04A28F99B1D5BABEF547" xlink:type="arc" />
    <link:label id="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementTable_3AE37BFF4B9018D9C75B1309DCEECA40_terseLabel_en-US" xlink:label="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementTable_3AE37BFF4B9018D9C75B1309DCEECA40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Qualitative and Quantitative Information, Transferor's Continuing Involvement [Table]</link:label>
    <link:label id="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementTable_3AE37BFF4B9018D9C75B1309DCEECA40_label_en-US" xlink:label="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementTable_3AE37BFF4B9018D9C75B1309DCEECA40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Qualitative and Quantitative Information, Transferor's Continuing Involvement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementTable" xlink:label="loc_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementTable_3AE37BFF4B9018D9C75B1309DCEECA40" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementTable_3AE37BFF4B9018D9C75B1309DCEECA40" xlink:to="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementTable_3AE37BFF4B9018D9C75B1309DCEECA40" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServicingRightsAmortizedCostsMember_0CD3BA4F016EFAA5929B1309DCEE2D78_verboseLabel_en-US" xlink:label="lab_ocn_MortgageServicingRightsAmortizedCostsMember_0CD3BA4F016EFAA5929B1309DCEE2D78" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights, at Amortized Cost [Member]</link:label>
    <link:label id="lab_ocn_MortgageServicingRightsAmortizedCostsMember_0CD3BA4F016EFAA5929B1309DCEE2D78_label_en-US" xlink:label="lab_ocn_MortgageServicingRightsAmortizedCostsMember_0CD3BA4F016EFAA5929B1309DCEE2D78" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights - Amortized Costs [Member]</link:label>
    <link:label id="lab_ocn_MortgageServicingRightsAmortizedCostsMember_0CD3BA4F016EFAA5929B1309DCEE2D78_documentation_en-US" xlink:label="lab_ocn_MortgageServicingRightsAmortizedCostsMember_0CD3BA4F016EFAA5929B1309DCEE2D78" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights - Amortized Costs [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MortgageServicingRightsAmortizedCostsMember" xlink:label="loc_ocn_MortgageServicingRightsAmortizedCostsMember_0CD3BA4F016EFAA5929B1309DCEE2D78" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingRightsAmortizedCostsMember_0CD3BA4F016EFAA5929B1309DCEE2D78" xlink:to="lab_ocn_MortgageServicingRightsAmortizedCostsMember_0CD3BA4F016EFAA5929B1309DCEE2D78" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueMortgageServicingRightsMember_07EA2901A3BDE80971C41309DCEE551E_verboseLabel_en-US" xlink:label="lab_ocn_FairValueMortgageServicingRightsMember_07EA2901A3BDE80971C41309DCEE551E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights, at Fair Value [Member]</link:label>
    <link:label id="lab_ocn_FairValueMortgageServicingRightsMember_07EA2901A3BDE80971C41309DCEE551E_label_en-US" xlink:label="lab_ocn_FairValueMortgageServicingRightsMember_07EA2901A3BDE80971C41309DCEE551E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_FairValueMortgageServicingRightsMember_07EA2901A3BDE80971C41309DCEE551E_documentation_en-US" xlink:label="lab_ocn_FairValueMortgageServicingRightsMember_07EA2901A3BDE80971C41309DCEE551E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Mortgage Servicing Rights [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueMortgageServicingRightsMember" xlink:label="loc_ocn_FairValueMortgageServicingRightsMember_07EA2901A3BDE80971C41309DCEE551E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueMortgageServicingRightsMember_07EA2901A3BDE80971C41309DCEE551E" xlink:to="lab_ocn_FairValueMortgageServicingRightsMember_07EA2901A3BDE80971C41309DCEE551E" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesAndMatchFundedAdvancesMember_C52D057896EE5EB07C851309DCEE7B41_terseLabel_en-US" xlink:label="lab_ocn_AdvancesAndMatchFundedAdvancesMember_C52D057896EE5EB07C851309DCEE7B41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances And Match Funded Advances [Member]</link:label>
    <link:label id="lab_ocn_AdvancesAndMatchFundedAdvancesMember_C52D057896EE5EB07C851309DCEE7B41_label_en-US" xlink:label="lab_ocn_AdvancesAndMatchFundedAdvancesMember_C52D057896EE5EB07C851309DCEE7B41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances And Match Funded Advances [Member]</link:label>
    <link:label id="lab_ocn_AdvancesAndMatchFundedAdvancesMember_C52D057896EE5EB07C851309DCEE7B41_documentation_en-US" xlink:label="lab_ocn_AdvancesAndMatchFundedAdvancesMember_C52D057896EE5EB07C851309DCEE7B41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances and match funded advances.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesAndMatchFundedAdvancesMember" xlink:label="loc_ocn_AdvancesAndMatchFundedAdvancesMember_C52D057896EE5EB07C851309DCEE7B41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesAndMatchFundedAdvancesMember_C52D057896EE5EB07C851309DCEE7B41" xlink:to="lab_ocn_AdvancesAndMatchFundedAdvancesMember_C52D057896EE5EB07C851309DCEE7B41" xlink:type="arc" />
    <link:label id="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementLineItems_555584995D8F617F04FA1309DCEE4928_terseLabel_en-US" xlink:label="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementLineItems_555584995D8F617F04FA1309DCEE4928" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]</link:label>
    <link:label id="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementLineItems_555584995D8F617F04FA1309DCEE4928_label_en-US" xlink:label="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementLineItems_555584995D8F617F04FA1309DCEE4928" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementLineItems" xlink:label="loc_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementLineItems_555584995D8F617F04FA1309DCEE4928" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementLineItems_555584995D8F617F04FA1309DCEE4928" xlink:to="lab_us-gaap_QualitativeAndQuantitativeInformationTransferorsContinuingInvolvementLineItems_555584995D8F617F04FA1309DCEE4928" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_37A3D5997F8AD63332FD1309DCEE595D_terseLabel_en-US" xlink:label="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_37A3D5997F8AD63332FD1309DCEE595D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying value of assets</link:label>
    <link:label id="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_37A3D5997F8AD63332FD1309DCEE595D_label_en-US" xlink:label="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_37A3D5997F8AD63332FD1309DCEE595D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transferor's Interests in Transferred Financial Assets, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestsContinuedToBeHeldByTransferorFairValue" xlink:label="loc_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_37A3D5997F8AD63332FD1309DCEE595D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_37A3D5997F8AD63332FD1309DCEE595D" xlink:to="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_37A3D5997F8AD63332FD1309DCEE595D" xlink:type="arc" />
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansTransferred_0DE646160DFBCADA0B351309DCEEBFC2_terseLabel_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansTransferred_0DE646160DFBCADA0B351309DCEEBFC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">UPB of loans transferred</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansTransferred_0DE646160DFBCADA0B351309DCEEBFC2_label_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansTransferred_0DE646160DFBCADA0B351309DCEEBFC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Loans Transferred</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansTransferred_0DE646160DFBCADA0B351309DCEEBFC2_documentation_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansTransferred_0DE646160DFBCADA0B351309DCEEBFC2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unpaid principal balance of forward loans transferred with servicing rights retained.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_UnpaidPrincipalBalanceOfLoansTransferred" xlink:label="loc_ocn_UnpaidPrincipalBalanceOfLoansTransferred_0DE646160DFBCADA0B351309DCEEBFC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnpaidPrincipalBalanceOfLoansTransferred_0DE646160DFBCADA0B351309DCEEBFC2" xlink:to="lab_ocn_UnpaidPrincipalBalanceOfLoansTransferred_0DE646160DFBCADA0B351309DCEEBFC2" xlink:type="arc" />
    <link:label id="lab_ocn_MaximumExposureToLoss_BEA428B9F2A755B6D4A41309DCEFF224_terseLabel_en-US" xlink:label="lab_ocn_MaximumExposureToLoss_BEA428B9F2A755B6D4A41309DCEFF224" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum exposure to loss</link:label>
    <link:label id="lab_ocn_MaximumExposureToLoss_BEA428B9F2A755B6D4A41309DCEFF224_label_en-US" xlink:label="lab_ocn_MaximumExposureToLoss_BEA428B9F2A755B6D4A41309DCEFF224" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Exposure To Loss</link:label>
    <link:label id="lab_ocn_MaximumExposureToLoss_BEA428B9F2A755B6D4A41309DCEFF224_documentation_en-US" xlink:label="lab_ocn_MaximumExposureToLoss_BEA428B9F2A755B6D4A41309DCEFF224" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum exposure to loss related to continuing involvement with forward loans that have been transferred with servicing rights retained as well as standard representations and warranties obligations.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MaximumExposureToLoss" xlink:label="loc_ocn_MaximumExposureToLoss_BEA428B9F2A755B6D4A41309DCEFF224" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MaximumExposureToLoss_BEA428B9F2A755B6D4A41309DCEFF224" xlink:to="lab_ocn_MaximumExposureToLoss_BEA428B9F2A755B6D4A41309DCEFF224" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_BC35F6638D45E7226B1918A5E0EA10B4_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_BC35F6638D45E7226B1918A5E0EA10B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_BC35F6638D45E7226B1918A5E0EA10B4_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_BC35F6638D45E7226B1918A5E0EA10B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_BC35F6638D45E7226B1918A5E0EA10B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_BC35F6638D45E7226B1918A5E0EA10B4" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_BC35F6638D45E7226B1918A5E0EA10B4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AwardTypeAxis_7910B9BB4F6206328FA418A5E0EA93FA_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_7910B9BB4F6206328FA418A5E0EA93FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:label id="lab_us-gaap_AwardTypeAxis_7910B9BB4F6206328FA418A5E0EA93FA_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_7910B9BB4F6206328FA418A5E0EA93FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_7910B9BB4F6206328FA418A5E0EA93FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis_7910B9BB4F6206328FA418A5E0EA93FA" xlink:to="lab_us-gaap_AwardTypeAxis_7910B9BB4F6206328FA418A5E0EA93FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_B8CA82C8D582EB81BB6A18A5E0EAC0CD_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_B8CA82C8D582EB81BB6A18A5E0EAC0CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_B8CA82C8D582EB81BB6A18A5E0EAC0CD_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_B8CA82C8D582EB81BB6A18A5E0EAC0CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_B8CA82C8D582EB81BB6A18A5E0EAC0CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_B8CA82C8D582EB81BB6A18A5E0EAC0CD" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_B8CA82C8D582EB81BB6A18A5E0EAC0CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeStockOptionMember_22D4328C19B8063448F318A5E0EA3422_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_22D4328C19B8063448F318A5E0EA3422" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock Options [Member]</link:label>
    <link:label id="lab_us-gaap_EmployeeStockOptionMember_22D4328C19B8063448F318A5E0EA3422_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_22D4328C19B8063448F318A5E0EA3422" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Stock Option [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="loc_us-gaap_EmployeeStockOptionMember_22D4328C19B8063448F318A5E0EA3422" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOptionMember_22D4328C19B8063448F318A5E0EA3422" xlink:to="lab_us-gaap_EmployeeStockOptionMember_22D4328C19B8063448F318A5E0EA3422" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_2CC85FA56BCEAC8A32D118A5E0EB4691_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_2CC85FA56BCEAC8A32D118A5E0EB4691" 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 [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_2CC85FA56BCEAC8A32D118A5E0EB4691_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_2CC85FA56BCEAC8A32D118A5E0EB4691" 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 [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_2CC85FA56BCEAC8A32D118A5E0EB4691" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_2CC85FA56BCEAC8A32D118A5E0EB4691" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_2CC85FA56BCEAC8A32D118A5E0EB4691" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_9D2D245442027290B13318A5E0EB06D0_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_9D2D245442027290B13318A5E0EB06D0" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Outstanding (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_9D2D245442027290B13318A5E0EB06D0_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_9D2D245442027290B13318A5E0EB06D0" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_9D2D245442027290B13318A5E0EB06D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_9D2D245442027290B13318A5E0EB06D0" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_9D2D245442027290B13318A5E0EB06D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2B512D99FA235B70DDC318A5E0EBC5FE_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2B512D99FA235B70DDC318A5E0EBC5FE" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Outstanding (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2B512D99FA235B70DDC318A5E0EBC5FE_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2B512D99FA235B70DDC318A5E0EBC5FE" 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, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2B512D99FA235B70DDC318A5E0EBC5FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2B512D99FA235B70DDC318A5E0EBC5FE" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2B512D99FA235B70DDC318A5E0EBC5FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_FC281AB45E1CD2F81FE818A5E0EBC17D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_FC281AB45E1CD2F81FE818A5E0EBC17D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_FC281AB45E1CD2F81FE818A5E0EBC17D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_FC281AB45E1CD2F81FE818A5E0EBC17D" 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, Grants in Period, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_FC281AB45E1CD2F81FE818A5E0EBC17D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_FC281AB45E1CD2F81FE818A5E0EBC17D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_FC281AB45E1CD2F81FE818A5E0EBC17D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_12828C3C312DA68A40EC18A5E0EBC43A_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_12828C3C312DA68A40EC18A5E0EBC43A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_12828C3C312DA68A40EC18A5E0EBC43A_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_12828C3C312DA68A40EC18A5E0EBC43A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_12828C3C312DA68A40EC18A5E0EBC43A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_12828C3C312DA68A40EC18A5E0EBC43A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_12828C3C312DA68A40EC18A5E0EBC43A" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D45E12F7946789ACBF0618A5E0EBD9AC_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D45E12F7946789ACBF0618A5E0EBD9AC" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Exercised (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D45E12F7946789ACBF0618A5E0EBD9AC_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D45E12F7946789ACBF0618A5E0EBD9AC" 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, Exercises in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D45E12F7946789ACBF0618A5E0EBD9AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D45E12F7946789ACBF0618A5E0EBD9AC" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D45E12F7946789ACBF0618A5E0EBD9AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_FAA3F3E56BBF54FC52B518A5E0EB6B91_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_FAA3F3E56BBF54FC52B518A5E0EB6B91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercised (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_FAA3F3E56BBF54FC52B518A5E0EB6B91_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_FAA3F3E56BBF54FC52B518A5E0EB6B91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_FAA3F3E56BBF54FC52B518A5E0EB6B91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_FAA3F3E56BBF54FC52B518A5E0EB6B91" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_FAA3F3E56BBF54FC52B518A5E0EB6B91" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_C82DB53467463B35A5F218A5E0EB1E92_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_C82DB53467463B35A5F218A5E0EB1E92" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Forfeited/Canceled (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_C82DB53467463B35A5F218A5E0EB1E92_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_C82DB53467463B35A5F218A5E0EB1E92" 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, Forfeitures in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_C82DB53467463B35A5F218A5E0EB1E92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_C82DB53467463B35A5F218A5E0EB1E92" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_C82DB53467463B35A5F218A5E0EB1E92" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_7C184BC99E0817D4064F18A5E0EB5CE5_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_7C184BC99E0817D4064F18A5E0EB5CE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forfeited/Canceled (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_7C184BC99E0817D4064F18A5E0EB5CE5_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_7C184BC99E0817D4064F18A5E0EB5CE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_7C184BC99E0817D4064F18A5E0EB5CE5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_7C184BC99E0817D4064F18A5E0EB5CE5" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_7C184BC99E0817D4064F18A5E0EB5CE5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_E470EE0F9C2687FB3B4218A5E0EB5A16_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_E470EE0F9C2687FB3B4218A5E0EB5A16" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Outstanding (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_E470EE0F9C2687FB3B4218A5E0EB5A16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_E470EE0F9C2687FB3B4218A5E0EB5A16" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_E470EE0F9C2687FB3B4218A5E0EB5A16" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_0F3A15DA816EC39B7BFD18A5E0EB2A3A_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_0F3A15DA816EC39B7BFD18A5E0EB2A3A" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Outstanding (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_0F3A15DA816EC39B7BFD18A5E0EB2A3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_0F3A15DA816EC39B7BFD18A5E0EB2A3A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_0F3A15DA816EC39B7BFD18A5E0EB2A3A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_4176D82F3EF650AFF4F818A5E0EC91FB_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_4176D82F3EF650AFF4F818A5E0EC91FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercisable at end of year (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_4176D82F3EF650AFF4F818A5E0EC91FB_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_4176D82F3EF650AFF4F818A5E0EC91FB" 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, Exercisable, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_4176D82F3EF650AFF4F818A5E0EC91FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_4176D82F3EF650AFF4F818A5E0EC91FB" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_4176D82F3EF650AFF4F818A5E0EC91FB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_0DA9AF70816FD983585918A5E0EC53BA_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_0DA9AF70816FD983585918A5E0EC53BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercisable at end of year (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_0DA9AF70816FD983585918A5E0EC53BA_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_0DA9AF70816FD983585918A5E0EC53BA" 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, Exercisable, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_0DA9AF70816FD983585918A5E0EC53BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_0DA9AF70816FD983585918A5E0EC53BA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_0DA9AF70816FD983585918A5E0EC53BA" xlink:type="arc" />
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_9C1DFAB3630AAEDF5BF8B1D5B961A3E8_terseLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_9C1DFAB3630AAEDF5BF8B1D5B961A3E8" 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_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_9C1DFAB3630AAEDF5BF8B1D5B961A3E8_label_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_9C1DFAB3630AAEDF5BF8B1D5B961A3E8" 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>
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_9C1DFAB3630AAEDF5BF8B1D5B961A3E8_documentation_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_9C1DFAB3630AAEDF5BF8B1D5B961A3E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure for the carrying amount of advances transferred to special purpose entities in transactions accounted for as secured borrowings in the transferor's statement of financial position.  Advances include receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Advances also include receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock" xlink:label="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_9C1DFAB3630AAEDF5BF8B1D5B961A3E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_9C1DFAB3630AAEDF5BF8B1D5B961A3E8" xlink:to="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_9C1DFAB3630AAEDF5BF8B1D5B961A3E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureAbstract_5223706AD6FB5BAA854EB1D5BC165042_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureAbstract_5223706AD6FB5BAA854EB1D5BC165042" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_5223706AD6FB5BAA854EB1D5BC165042" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_5223706AD6FB5BAA854EB1D5BC165042" xlink:to="lab_us-gaap_IncomeTaxDisclosureAbstract_5223706AD6FB5BAA854EB1D5BC165042" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E32CB8C86002D14DD8DAB1D5BC17FCD7_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E32CB8C86002D14DD8DAB1D5BC17FCD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Domestic</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E32CB8C86002D14DD8DAB1D5BC17FCD7_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E32CB8C86002D14DD8DAB1D5BC17FCD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Domestic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E32CB8C86002D14DD8DAB1D5BC17FCD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E32CB8C86002D14DD8DAB1D5BC17FCD7" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E32CB8C86002D14DD8DAB1D5BC17FCD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_ECCD8EA993E8CF6742D4B1D5BC17523D_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_ECCD8EA993E8CF6742D4B1D5BC17523D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_ECCD8EA993E8CF6742D4B1D5BC17523D_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_ECCD8EA993E8CF6742D4B1D5BC17523D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Foreign</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_ECCD8EA993E8CF6742D4B1D5BC17523D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_ECCD8EA993E8CF6742D4B1D5BC17523D" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_ECCD8EA993E8CF6742D4B1D5BC17523D" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresAbstract_BB0B71AE6AD5F8E9601A67C65B92883A_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract_BB0B71AE6AD5F8E9601A67C65B92883A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_BB0B71AE6AD5F8E9601A67C65B92883A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_BB0B71AE6AD5F8E9601A67C65B92883A" xlink:to="lab_us-gaap_FairValueDisclosuresAbstract_BB0B71AE6AD5F8E9601A67C65B92883A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_918DD5B4F52C79185010681223D058EC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_918DD5B4F52C79185010681223D058EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_918DD5B4F52C79185010681223D058EC_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_918DD5B4F52C79185010681223D058EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_918DD5B4F52C79185010681223D058EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_918DD5B4F52C79185010681223D058EC" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_918DD5B4F52C79185010681223D058EC" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServicingRightsAmortizedCostsMember_58B5C589CAB208B0F0E668152938813A_terseLabel_en-US" xlink:label="lab_ocn_MortgageServicingRightsAmortizedCostsMember_58B5C589CAB208B0F0E668152938813A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights - Amortized Costs [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MortgageServicingRightsAmortizedCostsMember" xlink:label="loc_ocn_MortgageServicingRightsAmortizedCostsMember_58B5C589CAB208B0F0E668152938813A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingRightsAmortizedCostsMember_58B5C589CAB208B0F0E668152938813A" xlink:to="lab_ocn_MortgageServicingRightsAmortizedCostsMember_58B5C589CAB208B0F0E668152938813A" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueMortgageServicingRightsMember_4D33AC3763D1E4C0EBE1681552206EF8_terseLabel_en-US" xlink:label="lab_ocn_FairValueMortgageServicingRightsMember_4D33AC3763D1E4C0EBE1681552206EF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Mortgage Servicing Rights [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueMortgageServicingRightsMember" xlink:label="loc_ocn_FairValueMortgageServicingRightsMember_4D33AC3763D1E4C0EBE1681552206EF8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueMortgageServicingRightsMember_4D33AC3763D1E4C0EBE1681552206EF8" xlink:to="lab_ocn_FairValueMortgageServicingRightsMember_4D33AC3763D1E4C0EBE1681552206EF8" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServicingRightsPledgedMember_87E7EC9867E204A7A64B6815753E017A_terseLabel_en-US" xlink:label="lab_ocn_MortgageServicingRightsPledgedMember_87E7EC9867E204A7A64B6815753E017A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights Pledged [Member]</link:label>
    <link:label id="lab_ocn_MortgageServicingRightsPledgedMember_87E7EC9867E204A7A64B6815753E017A_label_en-US" xlink:label="lab_ocn_MortgageServicingRightsPledgedMember_87E7EC9867E204A7A64B6815753E017A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights Pledged [Member]</link:label>
    <link:label id="lab_ocn_MortgageServicingRightsPledgedMember_87E7EC9867E204A7A64B6815753E017A_documentation_en-US" xlink:label="lab_ocn_MortgageServicingRightsPledgedMember_87E7EC9867E204A7A64B6815753E017A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights pledged.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MortgageServicingRightsPledgedMember" xlink:label="loc_ocn_MortgageServicingRightsPledgedMember_87E7EC9867E204A7A64B6815753E017A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingRightsPledgedMember_87E7EC9867E204A7A64B6815753E017A" xlink:to="lab_ocn_MortgageServicingRightsPledgedMember_87E7EC9867E204A7A64B6815753E017A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D3AB680989E6480CAF6A681223D7CCA7_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D3AB680989E6480CAF6A681223D7CCA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D3AB680989E6480CAF6A681223D7CCA7_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D3AB680989E6480CAF6A681223D7CCA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D3AB680989E6480CAF6A681223D7CCA7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D3AB680989E6480CAF6A681223D7CCA7" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D3AB680989E6480CAF6A681223D7CCA7" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_4EDA19AD3C6C5856AB4967C65B93B06A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_4EDA19AD3C6C5856AB4967C65B93B06A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments and Nonfinancial Assets Measured at Fair Value on a Recurring or Non-recurring basis or Disclosed, but not Carried, at Fair Value</link:label>
    <link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_4EDA19AD3C6C5856AB4967C65B93B06A_label_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_4EDA19AD3C6C5856AB4967C65B93B06A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, by Balance Sheet Grouping [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTextBlock" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTextBlock_4EDA19AD3C6C5856AB4967C65B93B06A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTextBlock_4EDA19AD3C6C5856AB4967C65B93B06A" xlink:to="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_4EDA19AD3C6C5856AB4967C65B93B06A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_EB6CAF10BCDD7E0C5D1067C65B9323C8_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_EB6CAF10BCDD7E0C5D1067C65B9323C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Reconciliation of the Changes in Fair Value of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_EB6CAF10BCDD7E0C5D1067C65B9323C8_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_EB6CAF10BCDD7E0C5D1067C65B9323C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_EB6CAF10BCDD7E0C5D1067C65B9323C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_EB6CAF10BCDD7E0C5D1067C65B9323C8" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_EB6CAF10BCDD7E0C5D1067C65B9323C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock_9293CEE6AFD47CC4103A681127C70CB5_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock_9293CEE6AFD47CC4103A681127C70CB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Significant Assumptions used in Valuation</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock_9293CEE6AFD47CC4103A681127C70CB5_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock_9293CEE6AFD47CC4103A681127C70CB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock_9293CEE6AFD47CC4103A681127C70CB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock_9293CEE6AFD47CC4103A681127C70CB5" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock_9293CEE6AFD47CC4103A681127C70CB5" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldForSaleAtFairValueAbstract_6011B859C8C785A458C8B1D5B95970B7_label_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtFairValueAbstract_6011B859C8C785A458C8B1D5B95970B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held For Sale At Fair Value [Abstract]</link:label>
    <link:label id="lab_ocn_LoansHeldForSaleAtFairValueAbstract_6011B859C8C785A458C8B1D5B95970B7_documentation_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtFairValueAbstract_6011B859C8C785A458C8B1D5B95970B7" 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-20151231.xsd#ocn_LoansHeldForSaleAtFairValueAbstract" xlink:label="loc_ocn_LoansHeldForSaleAtFairValueAbstract_6011B859C8C785A458C8B1D5B95970B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldForSaleAtFairValueAbstract_6011B859C8C785A458C8B1D5B95970B7" xlink:to="lab_ocn_LoansHeldForSaleAtFairValueAbstract_6011B859C8C785A458C8B1D5B95970B7" xlink:type="arc" />
    <link:label id="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained_4FA08B695D37940391F9B1D5B95A8394_terseLabel_en-US" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained_4FA08B695D37940391F9B1D5B95A8394" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sales of loans</link:label>
    <link:label id="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained_4FA08B695D37940391F9B1D5B95A8394_label_en-US" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained_4FA08B695D37940391F9B1D5B95A8394" 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_4FA08B695D37940391F9B1D5B95A8394_documentation_en-US" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained_4FA08B695D37940391F9B1D5B95A8394" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain On Sale Of Loans Including Value Assigned To MSRs Retained</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained" xlink:label="loc_ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained_4FA08B695D37940391F9B1D5B95A8394" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained_4FA08B695D37940391F9B1D5B95A8394" xlink:to="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMSRsRetained_4FA08B695D37940391F9B1D5B95A8394" xlink:type="arc" />
    <link:label id="lab_ocn_GainLossOnInterestRateDerivativeInstruments_A02DCE6DD1D721863BBBB1D5B95A45FD_terseLabel_en-US" xlink:label="lab_ocn_GainLossOnInterestRateDerivativeInstruments_A02DCE6DD1D721863BBBB1D5B95A45FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of IRLCs</link:label>
    <link:label id="lab_ocn_GainLossOnInterestRateDerivativeInstruments_A02DCE6DD1D721863BBBB1D5B95A45FD_label_en-US" xlink:label="lab_ocn_GainLossOnInterestRateDerivativeInstruments_A02DCE6DD1D721863BBBB1D5B95A45FD" 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_A02DCE6DD1D721863BBBB1D5B95A45FD_documentation_en-US" xlink:label="lab_ocn_GainLossOnInterestRateDerivativeInstruments_A02DCE6DD1D721863BBBB1D5B95A45FD" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_GainLossOnInterestRateDerivativeInstruments" xlink:label="loc_ocn_GainLossOnInterestRateDerivativeInstruments_A02DCE6DD1D721863BBBB1D5B95A45FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainLossOnInterestRateDerivativeInstruments_A02DCE6DD1D721863BBBB1D5B95A45FD" xlink:to="lab_ocn_GainLossOnInterestRateDerivativeInstruments_A02DCE6DD1D721863BBBB1D5B95A45FD" xlink:type="arc" />
    <link:label id="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_7B040B1C6443591BBD8EB1D5B95ADFBC_terseLabel_en-US" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_7B040B1C6443591BBD8EB1D5B95ADFBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of loans held for sale</link:label>
    <link:label id="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_7B040B1C6443591BBD8EB1D5B95ADFBC_label_en-US" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_7B040B1C6443591BBD8EB1D5B95ADFBC" 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_7B040B1C6443591BBD8EB1D5B95ADFBC_documentation_en-US" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_7B040B1C6443591BBD8EB1D5B95ADFBC" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ChangeInFairValueOfMortgageLoansHeldForSale" xlink:label="loc_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_7B040B1C6443591BBD8EB1D5B95ADFBC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_7B040B1C6443591BBD8EB1D5B95ADFBC" xlink:to="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale_7B040B1C6443591BBD8EB1D5B95ADFBC" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrealizedGainLossOnDerivatives_F9EE7CD0BE9729DEE01FB1D5B95A7B8C_terseLabel_en-US" xlink:label="lab_us-gaap_UnrealizedGainLossOnDerivatives_F9EE7CD0BE9729DEE01FB1D5B95A7B8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain (loss) on economic hedge instruments</link:label>
    <link:label id="lab_us-gaap_UnrealizedGainLossOnDerivatives_F9EE7CD0BE9729DEE01FB1D5B95A7B8C_label_en-US" xlink:label="lab_us-gaap_UnrealizedGainLossOnDerivatives_F9EE7CD0BE9729DEE01FB1D5B95A7B8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrealized Gain (Loss) on Derivatives</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="loc_us-gaap_UnrealizedGainLossOnDerivatives_F9EE7CD0BE9729DEE01FB1D5B95A7B8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrealizedGainLossOnDerivatives_F9EE7CD0BE9729DEE01FB1D5B95A7B8C" xlink:to="lab_us-gaap_UnrealizedGainLossOnDerivatives_F9EE7CD0BE9729DEE01FB1D5B95A7B8C" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_FEF5F4A70310844A7312B1D5B95A4EFA_terseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_FEF5F4A70310844A7312B1D5B95A4EFA" 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_GainsLossesOnSalesOfOtherRealEstate_FEF5F4A70310844A7312B1D5B95A4EFA_label_en-US" xlink:label="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_FEF5F4A70310844A7312B1D5B95A4EFA" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainsLossesOnSalesOfOtherRealEstate" xlink:label="loc_us-gaap_GainsLossesOnSalesOfOtherRealEstate_FEF5F4A70310844A7312B1D5B95A4EFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnSalesOfOtherRealEstate_FEF5F4A70310844A7312B1D5B95A4EFA" xlink:to="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_FEF5F4A70310844A7312B1D5B95A4EFA" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_FECD861DCC93588FF44CB1D5B95A7558_totalLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_FECD861DCC93588FF44CB1D5B95A7558" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gain on loans held for sale, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainLossOnSalesOfLoansNet" xlink:label="loc_us-gaap_GainLossOnSalesOfLoansNet_FECD861DCC93588FF44CB1D5B95A7558" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSalesOfLoansNet_FECD861DCC93588FF44CB1D5B95A7558" xlink:to="lab_us-gaap_GainLossOnSalesOfLoansNet_FECD861DCC93588FF44CB1D5B95A7558" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureAbstract_033B88E1BC7A981B2D29E57FED32C3F6_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureAbstract_033B88E1BC7A981B2D29E57FED32C3F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaap_DebtDisclosureAbstract_033B88E1BC7A981B2D29E57FED32C3F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureAbstract_033B88E1BC7A981B2D29E57FED32C3F6" xlink:to="lab_us-gaap_DebtDisclosureAbstract_033B88E1BC7A981B2D29E57FED32C3F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentTable_B2449E87CF4FEF164BB9E57FED339DFD_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_B2449E87CF4FEF164BB9E57FED339DFD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentTable_B2449E87CF4FEF164BB9E57FED339DFD_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_B2449E87CF4FEF164BB9E57FED339DFD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="loc_us-gaap_DebtInstrumentTable_B2449E87CF4FEF164BB9E57FED339DFD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentTable_B2449E87CF4FEF164BB9E57FED339DFD" xlink:to="lab_us-gaap_DebtInstrumentTable_B2449E87CF4FEF164BB9E57FED339DFD" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_A5456CDE5FC978E0425DE57FED339120_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_A5456CDE5FC978E0425DE57FED339120" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_A5456CDE5FC978E0425DE57FED339120_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_A5456CDE5FC978E0425DE57FED339120" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaap_SubsequentEventTypeAxis_A5456CDE5FC978E0425DE57FED339120" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeAxis_A5456CDE5FC978E0425DE57FED339120" xlink:to="lab_us-gaap_SubsequentEventTypeAxis_A5456CDE5FC978E0425DE57FED339120" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_3C3F407A08CB744697ADE57FED33BBCE_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_3C3F407A08CB744697ADE57FED33BBCE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_3C3F407A08CB744697ADE57FED33BBCE_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_3C3F407A08CB744697ADE57FED33BBCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_3C3F407A08CB744697ADE57FED33BBCE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_3C3F407A08CB744697ADE57FED33BBCE" xlink:to="lab_us-gaap_SubsequentEventTypeDomain_3C3F407A08CB744697ADE57FED33BBCE" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventMember_8CDD3FAC941ABB980F26E57FED337FAC_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_8CDD3FAC941ABB980F26E57FED337FAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Member]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventMember_8CDD3FAC941ABB980F26E57FED337FAC_label_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_8CDD3FAC941ABB980F26E57FED337FAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaap_SubsequentEventMember_8CDD3FAC941ABB980F26E57FED337FAC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventMember_8CDD3FAC941ABB980F26E57FED337FAC" xlink:to="lab_us-gaap_SubsequentEventMember_8CDD3FAC941ABB980F26E57FED337FAC" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeAxis_198A62830CC7756703CAE57FED33AB9E_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_198A62830CC7756703CAE57FED33AB9E" 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_198A62830CC7756703CAE57FED33AB9E_label_en-US" xlink:label="lab_us-gaap_RangeAxis_198A62830CC7756703CAE57FED33AB9E" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_198A62830CC7756703CAE57FED33AB9E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_198A62830CC7756703CAE57FED33AB9E" xlink:to="lab_us-gaap_RangeAxis_198A62830CC7756703CAE57FED33AB9E" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeMember_087272748D08D5BA7C79E57FED338063_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_087272748D08D5BA7C79E57FED338063" 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_087272748D08D5BA7C79E57FED338063_label_en-US" xlink:label="lab_us-gaap_RangeMember_087272748D08D5BA7C79E57FED338063" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_087272748D08D5BA7C79E57FED338063" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_087272748D08D5BA7C79E57FED338063" xlink:to="lab_us-gaap_RangeMember_087272748D08D5BA7C79E57FED338063" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinimumMember_B390146D5F233291B05CE57FED34E5A7_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_B390146D5F233291B05CE57FED34E5A7" 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_B390146D5F233291B05CE57FED34E5A7_label_en-US" xlink:label="lab_us-gaap_MinimumMember_B390146D5F233291B05CE57FED34E5A7" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_B390146D5F233291B05CE57FED34E5A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_B390146D5F233291B05CE57FED34E5A7" xlink:to="lab_us-gaap_MinimumMember_B390146D5F233291B05CE57FED34E5A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaximumMember_F7ECAF6D76C145D8523FE57FED34A9AD_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_F7ECAF6D76C145D8523FE57FED34A9AD" 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_F7ECAF6D76C145D8523FE57FED34A9AD_label_en-US" xlink:label="lab_us-gaap_MaximumMember_F7ECAF6D76C145D8523FE57FED34A9AD" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_F7ECAF6D76C145D8523FE57FED34A9AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_F7ECAF6D76C145D8523FE57FED34A9AD" xlink:to="lab_us-gaap_MaximumMember_F7ECAF6D76C145D8523FE57FED34A9AD" xlink:type="arc" />
    <link:label id="lab_ocn_OptionAxis_34DA4CDE911EBAE4A19EE57FED34793D_terseLabel_en-US" xlink:label="lab_ocn_OptionAxis_34DA4CDE911EBAE4A19EE57FED34793D" 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_34DA4CDE911EBAE4A19EE57FED34793D_label_en-US" xlink:label="lab_ocn_OptionAxis_34DA4CDE911EBAE4A19EE57FED34793D" 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_34DA4CDE911EBAE4A19EE57FED34793D_documentation_en-US" xlink:label="lab_ocn_OptionAxis_34DA4CDE911EBAE4A19EE57FED34793D" 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-20151231.xsd#ocn_OptionAxis" xlink:label="loc_ocn_OptionAxis_34DA4CDE911EBAE4A19EE57FED34793D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OptionAxis_34DA4CDE911EBAE4A19EE57FED34793D" xlink:to="lab_ocn_OptionAxis_34DA4CDE911EBAE4A19EE57FED34793D" xlink:type="arc" />
    <link:label id="lab_ocn_OptionDomain_6FF5D8AC564B50A60EC2E57FED34D9A2_terseLabel_en-US" xlink:label="lab_ocn_OptionDomain_6FF5D8AC564B50A60EC2E57FED34D9A2" 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_6FF5D8AC564B50A60EC2E57FED34D9A2_label_en-US" xlink:label="lab_ocn_OptionDomain_6FF5D8AC564B50A60EC2E57FED34D9A2" 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_6FF5D8AC564B50A60EC2E57FED34D9A2_documentation_en-US" xlink:label="lab_ocn_OptionDomain_6FF5D8AC564B50A60EC2E57FED34D9A2" 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-20151231.xsd#ocn_OptionDomain" xlink:label="loc_ocn_OptionDomain_6FF5D8AC564B50A60EC2E57FED34D9A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OptionDomain_6FF5D8AC564B50A60EC2E57FED34D9A2" xlink:to="lab_ocn_OptionDomain_6FF5D8AC564B50A60EC2E57FED34D9A2" xlink:type="arc" />
    <link:label id="lab_ocn_Option1Member_822CD0BD0337C2089311E57FED34E329_terseLabel_en-US" xlink:label="lab_ocn_Option1Member_822CD0BD0337C2089311E57FED34E329" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option A1 [Member]</link:label>
    <link:label id="lab_ocn_Option1Member_822CD0BD0337C2089311E57FED34E329_label_en-US" xlink:label="lab_ocn_Option1Member_822CD0BD0337C2089311E57FED34E329" 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_822CD0BD0337C2089311E57FED34E329_documentation_en-US" xlink:label="lab_ocn_Option1Member_822CD0BD0337C2089311E57FED34E329" 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-20151231.xsd#ocn_Option1Member" xlink:label="loc_ocn_Option1Member_822CD0BD0337C2089311E57FED34E329" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option1Member_822CD0BD0337C2089311E57FED34E329" xlink:to="lab_ocn_Option1Member_822CD0BD0337C2089311E57FED34E329" xlink:type="arc" />
    <link:label id="lab_ocn_Option1BMember_B7DE6F8405F461BB720FE57FED391EC0_terseLabel_en-US" xlink:label="lab_ocn_Option1BMember_B7DE6F8405F461BB720FE57FED391EC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option A2 [Member]</link:label>
    <link:label id="lab_ocn_Option1BMember_B7DE6F8405F461BB720FE57FED391EC0_label_en-US" xlink:label="lab_ocn_Option1BMember_B7DE6F8405F461BB720FE57FED391EC0" 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_B7DE6F8405F461BB720FE57FED391EC0_documentation_en-US" xlink:label="lab_ocn_Option1BMember_B7DE6F8405F461BB720FE57FED391EC0" 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-20151231.xsd#ocn_Option1BMember" xlink:label="loc_ocn_Option1BMember_B7DE6F8405F461BB720FE57FED391EC0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option1BMember_B7DE6F8405F461BB720FE57FED391EC0" xlink:to="lab_ocn_Option1BMember_B7DE6F8405F461BB720FE57FED391EC0" xlink:type="arc" />
    <link:label id="lab_ocn_Option1CMember_FD2C630C5EA1DD581BE3E57FED3A09F5_terseLabel_en-US" xlink:label="lab_ocn_Option1CMember_FD2C630C5EA1DD581BE3E57FED3A09F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option A3 [Member]</link:label>
    <link:label id="lab_ocn_Option1CMember_FD2C630C5EA1DD581BE3E57FED3A09F5_label_en-US" xlink:label="lab_ocn_Option1CMember_FD2C630C5EA1DD581BE3E57FED3A09F5" 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_FD2C630C5EA1DD581BE3E57FED3A09F5_documentation_en-US" xlink:label="lab_ocn_Option1CMember_FD2C630C5EA1DD581BE3E57FED3A09F5" 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-20151231.xsd#ocn_Option1CMember" xlink:label="loc_ocn_Option1CMember_FD2C630C5EA1DD581BE3E57FED3A09F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option1CMember_FD2C630C5EA1DD581BE3E57FED3A09F5" xlink:to="lab_ocn_Option1CMember_FD2C630C5EA1DD581BE3E57FED3A09F5" xlink:type="arc" />
    <link:label id="lab_ocn_Option2Member_5934380A2281377D228AE57FED3A94F7_terseLabel_en-US" xlink:label="lab_ocn_Option2Member_5934380A2281377D228AE57FED3A94F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option B [Member]</link:label>
    <link:label id="lab_ocn_Option2Member_5934380A2281377D228AE57FED3A94F7_label_en-US" xlink:label="lab_ocn_Option2Member_5934380A2281377D228AE57FED3A94F7" 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_5934380A2281377D228AE57FED3A94F7_documentation_en-US" xlink:label="lab_ocn_Option2Member_5934380A2281377D228AE57FED3A94F7" 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-20151231.xsd#ocn_Option2Member" xlink:label="loc_ocn_Option2Member_5934380A2281377D228AE57FED3A94F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option2Member_5934380A2281377D228AE57FED3A94F7" xlink:to="lab_ocn_Option2Member_5934380A2281377D228AE57FED3A94F7" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_67820D7EBB26D57E7E4AE57FED3AD01D_terseLabel_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_67820D7EBB26D57E7E4AE57FED3AD01D" 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_67820D7EBB26D57E7E4AE57FED3AD01D_label_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_67820D7EBB26D57E7E4AE57FED3AD01D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaap_StatementBusinessSegmentsAxis_67820D7EBB26D57E7E4AE57FED3AD01D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementBusinessSegmentsAxis_67820D7EBB26D57E7E4AE57FED3AD01D" xlink:to="lab_us-gaap_StatementBusinessSegmentsAxis_67820D7EBB26D57E7E4AE57FED3AD01D" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentDomain_FA4265F58D54EFFB872BE57FED3A990D_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentDomain_FA4265F58D54EFFB872BE57FED3A990D" 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_FA4265F58D54EFFB872BE57FED3A990D_label_en-US" xlink:label="lab_us-gaap_SegmentDomain_FA4265F58D54EFFB872BE57FED3A990D" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_FA4265F58D54EFFB872BE57FED3A990D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentDomain_FA4265F58D54EFFB872BE57FED3A990D" xlink:to="lab_us-gaap_SegmentDomain_FA4265F58D54EFFB872BE57FED3A990D" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingMember_BB2E7EB0A90D94A1009CE57FED3A97A3_terseLabel_en-US" xlink:label="lab_ocn_ServicingMember_BB2E7EB0A90D94A1009CE57FED3A97A3" 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_BB2E7EB0A90D94A1009CE57FED3A97A3_label_en-US" xlink:label="lab_ocn_ServicingMember_BB2E7EB0A90D94A1009CE57FED3A97A3" 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_BB2E7EB0A90D94A1009CE57FED3A97A3_documentation_en-US" xlink:label="lab_ocn_ServicingMember_BB2E7EB0A90D94A1009CE57FED3A97A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans serviced on behalf of others.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingMember" xlink:label="loc_ocn_ServicingMember_BB2E7EB0A90D94A1009CE57FED3A97A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingMember_BB2E7EB0A90D94A1009CE57FED3A97A3" xlink:to="lab_ocn_ServicingMember_BB2E7EB0A90D94A1009CE57FED3A97A3" xlink:type="arc" />
    <link:label id="lab_ocn_LendingMember_2201AF80B4512D7CCD77E57FED3B6AB9_terseLabel_en-US" xlink:label="lab_ocn_LendingMember_2201AF80B4512D7CCD77E57FED3B6AB9" 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_2201AF80B4512D7CCD77E57FED3B6AB9_label_en-US" xlink:label="lab_ocn_LendingMember_2201AF80B4512D7CCD77E57FED3B6AB9" 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_2201AF80B4512D7CCD77E57FED3B6AB9_documentation_en-US" xlink:label="lab_ocn_LendingMember_2201AF80B4512D7CCD77E57FED3B6AB9" 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-20151231.xsd#ocn_LendingMember" xlink:label="loc_ocn_LendingMember_2201AF80B4512D7CCD77E57FED3B6AB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LendingMember_2201AF80B4512D7CCD77E57FED3B6AB9" xlink:to="lab_ocn_LendingMember_2201AF80B4512D7CCD77E57FED3B6AB9" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityAxis_325F62F33399F0A53BF5E57FED3B06FF_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_325F62F33399F0A53BF5E57FED3B06FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityAxis_325F62F33399F0A53BF5E57FED3B06FF_label_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_325F62F33399F0A53BF5E57FED3B06FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_us-gaap_CreditFacilityAxis_325F62F33399F0A53BF5E57FED3B06FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityAxis_325F62F33399F0A53BF5E57FED3B06FF" xlink:to="lab_us-gaap_CreditFacilityAxis_325F62F33399F0A53BF5E57FED3B06FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityDomain_A2AE61F7137DC5E42EE0E57FED3BD680_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_A2AE61F7137DC5E42EE0E57FED3BD680" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityDomain_A2AE61F7137DC5E42EE0E57FED3BD680_label_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_A2AE61F7137DC5E42EE0E57FED3BD680" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_A2AE61F7137DC5E42EE0E57FED3BD680" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityDomain_A2AE61F7137DC5E42EE0E57FED3BD680" xlink:to="lab_us-gaap_CreditFacilityDomain_A2AE61F7137DC5E42EE0E57FED3BD680" xlink:type="arc" />
    <link:label id="lab_ocn_SeniorSecuredTermLoanMember_67363F6417AA2981BD7AE57FED3B2FCE_terseLabel_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanMember_67363F6417AA2981BD7AE57FED3B2FCE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SSTL [Member]</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoanMember_67363F6417AA2981BD7AE57FED3B2FCE_label_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanMember_67363F6417AA2981BD7AE57FED3B2FCE" 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_67363F6417AA2981BD7AE57FED3B2FCE_documentation_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanMember_67363F6417AA2981BD7AE57FED3B2FCE" 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-20151231.xsd#ocn_SeniorSecuredTermLoanMember" xlink:label="loc_ocn_SeniorSecuredTermLoanMember_67363F6417AA2981BD7AE57FED3B2FCE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeniorSecuredTermLoanMember_67363F6417AA2981BD7AE57FED3B2FCE" xlink:to="lab_ocn_SeniorSecuredTermLoanMember_67363F6417AA2981BD7AE57FED3B2FCE" xlink:type="arc" />
    <link:label id="lab_ocn_RepurchaseAgreementMember_E09A9FC1A3A679A9B6BBE57FED3BDBF5_terseLabel_en-US" xlink:label="lab_ocn_RepurchaseAgreementMember_E09A9FC1A3A679A9B6BBE57FED3BDBF5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchase Agreement [Member]</link:label>
    <link:label id="lab_ocn_RepurchaseAgreementMember_E09A9FC1A3A679A9B6BBE57FED3BDBF5_label_en-US" xlink:label="lab_ocn_RepurchaseAgreementMember_E09A9FC1A3A679A9B6BBE57FED3BDBF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase Agreement [Member]</link:label>
    <link:label id="lab_ocn_RepurchaseAgreementMember_E09A9FC1A3A679A9B6BBE57FED3BDBF5_documentation_en-US" xlink:label="lab_ocn_RepurchaseAgreementMember_E09A9FC1A3A679A9B6BBE57FED3BDBF5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represent repurchase agreement related to loans held for sale.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_RepurchaseAgreementMember" xlink:label="loc_ocn_RepurchaseAgreementMember_E09A9FC1A3A679A9B6BBE57FED3BDBF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RepurchaseAgreementMember_E09A9FC1A3A679A9B6BBE57FED3BDBF5" xlink:to="lab_ocn_RepurchaseAgreementMember_E09A9FC1A3A679A9B6BBE57FED3BDBF5" xlink:type="arc" />
    <link:label id="lab_ocn_MasterRepurchaseAgreementMember_DDC0BC63C5E65F1CD976E57FED3B8FD7_terseLabel_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementMember_DDC0BC63C5E65F1CD976E57FED3B8FD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Master Repurchase Agreement [Member]</link:label>
    <link:label id="lab_ocn_MasterRepurchaseAgreementMember_DDC0BC63C5E65F1CD976E57FED3B8FD7_label_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementMember_DDC0BC63C5E65F1CD976E57FED3B8FD7" 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_DDC0BC63C5E65F1CD976E57FED3B8FD7_documentation_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementMember_DDC0BC63C5E65F1CD976E57FED3B8FD7" 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-20151231.xsd#ocn_MasterRepurchaseAgreementMember" xlink:label="loc_ocn_MasterRepurchaseAgreementMember_DDC0BC63C5E65F1CD976E57FED3B8FD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MasterRepurchaseAgreementMember_DDC0BC63C5E65F1CD976E57FED3B8FD7" xlink:to="lab_ocn_MasterRepurchaseAgreementMember_DDC0BC63C5E65F1CD976E57FED3B8FD7" xlink:type="arc" />
    <link:label id="lab_ocn_ParticipationAgreementMember_961EF3DC05F455A7B624E57FED3C603A_terseLabel_en-US" xlink:label="lab_ocn_ParticipationAgreementMember_961EF3DC05F455A7B624E57FED3C603A" 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_961EF3DC05F455A7B624E57FED3C603A_label_en-US" xlink:label="lab_ocn_ParticipationAgreementMember_961EF3DC05F455A7B624E57FED3C603A" 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_961EF3DC05F455A7B624E57FED3C603A_documentation_en-US" xlink:label="lab_ocn_ParticipationAgreementMember_961EF3DC05F455A7B624E57FED3C603A" 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-20151231.xsd#ocn_ParticipationAgreementMember" xlink:label="loc_ocn_ParticipationAgreementMember_961EF3DC05F455A7B624E57FED3C603A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ParticipationAgreementMember_961EF3DC05F455A7B624E57FED3C603A" xlink:to="lab_ocn_ParticipationAgreementMember_961EF3DC05F455A7B624E57FED3C603A" xlink:type="arc" />
    <link:label id="lab_ocn_ParticipationAgreementTwoMember_D73FEB0C6DFE54593E22E57FED3CD9D5_terseLabel_en-US" xlink:label="lab_ocn_ParticipationAgreementTwoMember_D73FEB0C6DFE54593E22E57FED3CD9D5" 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_ParticipationAgreementTwoMember_D73FEB0C6DFE54593E22E57FED3CD9D5_label_en-US" xlink:label="lab_ocn_ParticipationAgreementTwoMember_D73FEB0C6DFE54593E22E57FED3CD9D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Participation Agreement Two [Member]</link:label>
    <link:label id="lab_ocn_ParticipationAgreementTwoMember_D73FEB0C6DFE54593E22E57FED3CD9D5_documentation_en-US" xlink:label="lab_ocn_ParticipationAgreementTwoMember_D73FEB0C6DFE54593E22E57FED3CD9D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Participation Agreement Two [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ParticipationAgreementTwoMember" xlink:label="loc_ocn_ParticipationAgreementTwoMember_D73FEB0C6DFE54593E22E57FED3CD9D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ParticipationAgreementTwoMember_D73FEB0C6DFE54593E22E57FED3CD9D5" xlink:to="lab_ocn_ParticipationAgreementTwoMember_D73FEB0C6DFE54593E22E57FED3CD9D5" xlink:type="arc" />
    <link:label id="lab_ocn_MasterRepurchaseAgreementTwoMember_DB4647A9D293B341F849E57FED3C2E88_terseLabel_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementTwoMember_DB4647A9D293B341F849E57FED3C2E88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Master Repurchase Agreement [Member]</link:label>
    <link:label id="lab_ocn_MasterRepurchaseAgreementTwoMember_DB4647A9D293B341F849E57FED3C2E88_label_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementTwoMember_DB4647A9D293B341F849E57FED3C2E88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Master Repurchase Agreement Two [Member]</link:label>
    <link:label id="lab_ocn_MasterRepurchaseAgreementTwoMember_DB4647A9D293B341F849E57FED3C2E88_documentation_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementTwoMember_DB4647A9D293B341F849E57FED3C2E88" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Master Repurchase Agreement Two [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MasterRepurchaseAgreementTwoMember" xlink:label="loc_ocn_MasterRepurchaseAgreementTwoMember_DB4647A9D293B341F849E57FED3C2E88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MasterRepurchaseAgreementTwoMember_DB4647A9D293B341F849E57FED3C2E88" xlink:to="lab_ocn_MasterRepurchaseAgreementTwoMember_DB4647A9D293B341F849E57FED3C2E88" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageWarehouseAgreementMember_17635983E075C786AC4DE57FED3C5820_terseLabel_en-US" xlink:label="lab_ocn_MortgageWarehouseAgreementMember_17635983E075C786AC4DE57FED3C5820" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Warehouse Agreement [Member]</link:label>
    <link:label id="lab_ocn_MortgageWarehouseAgreementMember_17635983E075C786AC4DE57FED3C5820_label_en-US" xlink:label="lab_ocn_MortgageWarehouseAgreementMember_17635983E075C786AC4DE57FED3C5820" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Warehouse Agreement [Member]</link:label>
    <link:label id="lab_ocn_MortgageWarehouseAgreementMember_17635983E075C786AC4DE57FED3C5820_documentation_en-US" xlink:label="lab_ocn_MortgageWarehouseAgreementMember_17635983E075C786AC4DE57FED3C5820" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents mortgage warehouse agreement.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MortgageWarehouseAgreementMember" xlink:label="loc_ocn_MortgageWarehouseAgreementMember_17635983E075C786AC4DE57FED3C5820" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageWarehouseAgreementMember_17635983E075C786AC4DE57FED3C5820" xlink:to="lab_ocn_MortgageWarehouseAgreementMember_17635983E075C786AC4DE57FED3C5820" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_37095F0CE48E5C0BA99AE57FED3D9866_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_37095F0CE48E5C0BA99AE57FED3D9866" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_37095F0CE48E5C0BA99AE57FED3D9866_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_37095F0CE48E5C0BA99AE57FED3D9866" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_us-gaap_DebtInstrumentLineItems_37095F0CE48E5C0BA99AE57FED3D9866" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentLineItems_37095F0CE48E5C0BA99AE57FED3D9866" xlink:to="lab_us-gaap_DebtInstrumentLineItems_37095F0CE48E5C0BA99AE57FED3D9866" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_30B2B5DEED3C759B6B40E57FED3DC42C_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_30B2B5DEED3C759B6B40E57FED3DC42C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount borrowed</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount_30B2B5DEED3C759B6B40E57FED3DC42C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_30B2B5DEED3C759B6B40E57FED3DC42C" xlink:to="lab_us-gaap_DebtInstrumentFaceAmount_30B2B5DEED3C759B6B40E57FED3DC42C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_5ACB0FC40D68A106DB7BE57FED3D6F26_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount_5ACB0FC40D68A106DB7BE57FED3D6F26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_5ACB0FC40D68A106DB7BE57FED3D6F26_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount_5ACB0FC40D68A106DB7BE57FED3D6F26" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedDiscount_5ACB0FC40D68A106DB7BE57FED3D6F26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnamortizedDiscount_5ACB0FC40D68A106DB7BE57FED3D6F26" xlink:to="lab_us-gaap_DebtInstrumentUnamortizedDiscount_5ACB0FC40D68A106DB7BE57FED3D6F26" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_6ADED6133A740B81D674E57FED3DA4F5_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_6ADED6133A740B81D674E57FED3DA4F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of consecutive quarterly installments</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_6ADED6133A740B81D674E57FED3DA4F5_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_6ADED6133A740B81D674E57FED3DA4F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid" xlink:label="loc_us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_6ADED6133A740B81D674E57FED3DA4F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_6ADED6133A740B81D674E57FED3DA4F5" xlink:to="lab_us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_6ADED6133A740B81D674E57FED3DA4F5" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_71D01B40076E0569B8BFE57FED43001C_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_71D01B40076E0569B8BFE57FED43001C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of variable rate basis</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_71D01B40076E0569B8BFE57FED43001C_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_71D01B40076E0569B8BFE57FED43001C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Description of Variable Rate Basis</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_71D01B40076E0569B8BFE57FED43001C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_71D01B40076E0569B8BFE57FED43001C" xlink:to="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_71D01B40076E0569B8BFE57FED43001C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B562488133091169E66DE57FED435F7B_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B562488133091169E66DE57FED435F7B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B562488133091169E66DE57FED435F7B_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B562488133091169E66DE57FED435F7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Variable Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B562488133091169E66DE57FED435F7B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B562488133091169E66DE57FED435F7B" xlink:to="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B562488133091169E66DE57FED435F7B" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_C8BDC9BDCD08536087DEE57FED438041_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_C8BDC9BDCD08536087DEE57FED438041" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate at floor</link:label>
    <link:label id="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_C8BDC9BDCD08536087DEE57FED438041_label_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_C8BDC9BDCD08536087DEE57FED438041" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Interest Rate At Index Floor Rate</link:label>
    <link:label id="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_C8BDC9BDCD08536087DEE57FED438041_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_C8BDC9BDCD08536087DEE57FED438041" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the index floor rate used for interest rate on the debt instrument.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentInterestRateAtIndexFloorRate" xlink:label="loc_ocn_DebtInstrumentInterestRateAtIndexFloorRate_C8BDC9BDCD08536087DEE57FED438041" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentInterestRateAtIndexFloorRate_C8BDC9BDCD08536087DEE57FED438041" xlink:to="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_C8BDC9BDCD08536087DEE57FED438041" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_B20D1A362695939AA23CE57FED43A56E_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_B20D1A362695939AA23CE57FED43A56E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum borrowing capacity</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_B20D1A362695939AA23CE57FED43A56E_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_B20D1A362695939AA23CE57FED43A56E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_B20D1A362695939AA23CE57FED43A56E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_B20D1A362695939AA23CE57FED43A56E" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_B20D1A362695939AA23CE57FED43A56E" xlink:type="arc" />
    <link:label id="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_8EFE79DB8D123DA2686FE57FED43386D_terseLabel_en-US" xlink:label="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_8EFE79DB8D123DA2686FE57FED43386D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Beneficial interest</link:label>
    <link:label id="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_8EFE79DB8D123DA2686FE57FED43386D_label_en-US" xlink:label="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_8EFE79DB8D123DA2686FE57FED43386D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Agreement Term, Potential Benefit Interest Percentage By Lender</link:label>
    <link:label id="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_8EFE79DB8D123DA2686FE57FED43386D_documentation_en-US" xlink:label="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_8EFE79DB8D123DA2686FE57FED43386D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Agreement Term, Potential Benefit Interest Percentage By Lender</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender" xlink:label="loc_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_8EFE79DB8D123DA2686FE57FED43386D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_8EFE79DB8D123DA2686FE57FED43386D" xlink:to="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_8EFE79DB8D123DA2686FE57FED43386D" xlink:type="arc" />
    <link:label id="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_70D8075AB45A9C1E5057E57FED43EA09_terseLabel_en-US" xlink:label="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_70D8075AB45A9C1E5057E57FED43EA09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional borrowing capacity</link:label>
    <link:label id="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_70D8075AB45A9C1E5057E57FED43EA09_label_en-US" xlink:label="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_70D8075AB45A9C1E5057E57FED43EA09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Additional Borrowing Capacity</link:label>
    <link:label id="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_70D8075AB45A9C1E5057E57FED43EA09_documentation_en-US" xlink:label="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_70D8075AB45A9C1E5057E57FED43EA09" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Additional Borrowing Capacity</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LineofCreditFacilityAdditionalBorrowingCapacity" xlink:label="loc_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_70D8075AB45A9C1E5057E57FED43EA09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_70D8075AB45A9C1E5057E57FED43EA09" xlink:to="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_70D8075AB45A9C1E5057E57FED43EA09" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateIncreaseDecrease_93EDB95EB2D8E55DCA0BE57FED4451D7_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateIncreaseDecrease_93EDB95EB2D8E55DCA0BE57FED4451D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of additional interest rates</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateIncreaseDecrease_93EDB95EB2D8E55DCA0BE57FED4451D7_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateIncreaseDecrease_93EDB95EB2D8E55DCA0BE57FED4451D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentInterestRateIncreaseDecrease" xlink:label="loc_us-gaap_DebtInstrumentInterestRateIncreaseDecrease_93EDB95EB2D8E55DCA0BE57FED4451D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateIncreaseDecrease_93EDB95EB2D8E55DCA0BE57FED4451D7" xlink:to="lab_us-gaap_DebtInstrumentInterestRateIncreaseDecrease_93EDB95EB2D8E55DCA0BE57FED4451D7" xlink:type="arc" />
    <link:label id="lab_ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans_5216327CD9906BD42921E57FED446386_terseLabel_en-US" xlink:label="lab_ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans_5216327CD9906BD42921E57FED446386" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage Of Net Cash Proceeds From Permitted Asset Sales Allowed To Prepay Loans</link:label>
    <link:label id="lab_ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans_5216327CD9906BD42921E57FED446386_label_en-US" xlink:label="lab_ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans_5216327CD9906BD42921E57FED446386" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Net Cash Proceeds From Permitted Asset Sales Allowed To Prepay Loans</link:label>
    <link:label id="lab_ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans_5216327CD9906BD42921E57FED446386_documentation_en-US" xlink:label="lab_ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans_5216327CD9906BD42921E57FED446386" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of net cash proceeds from permitted asset sales allowed to prepay loans.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans" xlink:label="loc_ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans_5216327CD9906BD42921E57FED446386" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans_5216327CD9906BD42921E57FED446386" xlink:to="lab_ocn_PercentageOfNetCashProceedsFromPermittedAssetSalesAllowedToPrepayLoans_5216327CD9906BD42921E57FED446386" xlink:type="arc" />
    <link:label id="lab_ocn_PercentageOfLenderFee_64069B6DA41905A3C05DE57FED441F25_terseLabel_en-US" xlink:label="lab_ocn_PercentageOfLenderFee_64069B6DA41905A3C05DE57FED441F25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage Of Lender Fee</link:label>
    <link:label id="lab_ocn_PercentageOfLenderFee_64069B6DA41905A3C05DE57FED441F25_label_en-US" xlink:label="lab_ocn_PercentageOfLenderFee_64069B6DA41905A3C05DE57FED441F25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Lender Fee</link:label>
    <link:label id="lab_ocn_PercentageOfLenderFee_64069B6DA41905A3C05DE57FED441F25_documentation_en-US" xlink:label="lab_ocn_PercentageOfLenderFee_64069B6DA41905A3C05DE57FED441F25" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of fee payable to the lender on aggregate amount of senior secured term loan outstanding.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PercentageOfLenderFee" xlink:label="loc_ocn_PercentageOfLenderFee_64069B6DA41905A3C05DE57FED441F25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfLenderFee_64069B6DA41905A3C05DE57FED441F25" xlink:to="lab_ocn_PercentageOfLenderFee_64069B6DA41905A3C05DE57FED441F25" xlink:type="arc" />
    <link:label id="lab_ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis_AFDFC80AB57C552E85A9E57FED4421CD_terseLabel_en-US" xlink:label="lab_ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis_AFDFC80AB57C552E85A9E57FED4421CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage Of Borrowing Capacity Available On Commitment Basis</link:label>
    <link:label id="lab_ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis_AFDFC80AB57C552E85A9E57FED4421CD_label_en-US" xlink:label="lab_ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis_AFDFC80AB57C552E85A9E57FED4421CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Maximum Borrowing Available On Commitment Basis</link:label>
    <link:label id="lab_ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis_AFDFC80AB57C552E85A9E57FED4421CD_documentation_en-US" xlink:label="lab_ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis_AFDFC80AB57C552E85A9E57FED4421CD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of maximum borrowing available on commitment basis.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis" xlink:label="loc_ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis_AFDFC80AB57C552E85A9E57FED4421CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis_AFDFC80AB57C552E85A9E57FED4421CD" xlink:to="lab_ocn_PercentageOfMaximumBorrowingAvailableOnCommitmentBasis_AFDFC80AB57C552E85A9E57FED4421CD" xlink:type="arc" />
    <link:label id="lab_ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender_63771F15F9411D2291D7E57FED44F363_terseLabel_en-US" xlink:label="lab_ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender_63771F15F9411D2291D7E57FED44F363" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage Of Maximum Borrowing Available at Discretion Of Lender</link:label>
    <link:label id="lab_ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender_63771F15F9411D2291D7E57FED44F363_label_en-US" xlink:label="lab_ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender_63771F15F9411D2291D7E57FED44F363" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Maximum Borrowing Available at Discretion Of Lender</link:label>
    <link:label id="lab_ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender_63771F15F9411D2291D7E57FED44F363_documentation_en-US" xlink:label="lab_ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender_63771F15F9411D2291D7E57FED44F363" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of maximum borrowing available at discretion of lender.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender" xlink:label="loc_ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender_63771F15F9411D2291D7E57FED44F363" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender_63771F15F9411D2291D7E57FED44F363" xlink:to="lab_ocn_PercentageOfMaximumBorrowingAvailableatDiscretionOfLender_63771F15F9411D2291D7E57FED44F363" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_0890A2635D8BB2C31F34B1D5B7E097DC_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_0890A2635D8BB2C31F34B1D5B7E097DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate Schedule [Table]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_0890A2635D8BB2C31F34B1D5B7E097DC_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_0890A2635D8BB2C31F34B1D5B7E097DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate Schedule [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageLoansOnRealEstateScheduleTable" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateScheduleTable_0890A2635D8BB2C31F34B1D5B7E097DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateScheduleTable_0890A2635D8BB2C31F34B1D5B7E097DC" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_0890A2635D8BB2C31F34B1D5B7E097DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_53BB2772D23904114202B1D5B7E02FB0_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_53BB2772D23904114202B1D5B7E02FB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Axis]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_53BB2772D23904114202B1D5B7E02FB0_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_53BB2772D23904114202B1D5B7E02FB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageLoansOnRealEstateLoanTypeAxis" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_53BB2772D23904114202B1D5B7E02FB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_53BB2772D23904114202B1D5B7E02FB0" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_53BB2772D23904114202B1D5B7E02FB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_E3AE2A156E23582DD897B1D5B7E01F59_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_E3AE2A156E23582DD897B1D5B7E01F59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Domain]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_E3AE2A156E23582DD897B1D5B7E01F59_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_E3AE2A156E23582DD897B1D5B7E01F59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageLoansOnRealEstateLoanTypeDomain" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_E3AE2A156E23582DD897B1D5B7E01F59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_E3AE2A156E23582DD897B1D5B7E01F59" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_E3AE2A156E23582DD897B1D5B7E01F59" xlink:type="arc" />
    <link:label id="lab_stpr_CA_481C289FDB176F5F26E5B1D5B7E121EF_terseLabel_en-US" xlink:label="lab_stpr_CA_481C289FDB176F5F26E5B1D5B7E121EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">California [Member]</link:label>
    <link:label id="lab_stpr_CA_481C289FDB176F5F26E5B1D5B7E121EF_label_en-US" xlink:label="lab_stpr_CA_481C289FDB176F5F26E5B1D5B7E121EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CALIFORNIA</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CA" xlink:label="loc_stpr_CA_481C289FDB176F5F26E5B1D5B7E121EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_CA_481C289FDB176F5F26E5B1D5B7E121EF" xlink:to="lab_stpr_CA_481C289FDB176F5F26E5B1D5B7E121EF" xlink:type="arc" />
    <link:label id="lab_stpr_FL_457F60525CDBB9113FD6B1D5B7E12130_terseLabel_en-US" xlink:label="lab_stpr_FL_457F60525CDBB9113FD6B1D5B7E12130" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Florida [Member]</link:label>
    <link:label id="lab_stpr_FL_457F60525CDBB9113FD6B1D5B7E12130_label_en-US" xlink:label="lab_stpr_FL_457F60525CDBB9113FD6B1D5B7E12130" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FLORIDA</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_FL" xlink:label="loc_stpr_FL_457F60525CDBB9113FD6B1D5B7E12130" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_FL_457F60525CDBB9113FD6B1D5B7E12130" xlink:to="lab_stpr_FL_457F60525CDBB9113FD6B1D5B7E12130" xlink:type="arc" />
    <link:label id="lab_stpr_NY_F7089BB5AC910DE3122EB1D5B7E16ABD_terseLabel_en-US" xlink:label="lab_stpr_NY_F7089BB5AC910DE3122EB1D5B7E16ABD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New York [Member]</link:label>
    <link:label id="lab_stpr_NY_F7089BB5AC910DE3122EB1D5B7E16ABD_label_en-US" xlink:label="lab_stpr_NY_F7089BB5AC910DE3122EB1D5B7E16ABD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NEW YORK</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NY" xlink:label="loc_stpr_NY_F7089BB5AC910DE3122EB1D5B7E16ABD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_NY_F7089BB5AC910DE3122EB1D5B7E16ABD" xlink:to="lab_stpr_NY_F7089BB5AC910DE3122EB1D5B7E16ABD" xlink:type="arc" />
    <link:label id="lab_stpr_NJ_5CD5B07AADD00613EBACB1D5B7E1E7EE_terseLabel_en-US" xlink:label="lab_stpr_NJ_5CD5B07AADD00613EBACB1D5B7E1E7EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Jersey [Member]</link:label>
    <link:label id="lab_stpr_NJ_5CD5B07AADD00613EBACB1D5B7E1E7EE_label_en-US" xlink:label="lab_stpr_NJ_5CD5B07AADD00613EBACB1D5B7E1E7EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NEW JERSEY</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NJ" xlink:label="loc_stpr_NJ_5CD5B07AADD00613EBACB1D5B7E1E7EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_NJ_5CD5B07AADD00613EBACB1D5B7E1E7EE" xlink:to="lab_stpr_NJ_5CD5B07AADD00613EBACB1D5B7E1E7EE" xlink:type="arc" />
    <link:label id="lab_stpr_TX_1EB2525596A948750AE1B1D5B7E10714_terseLabel_en-US" xlink:label="lab_stpr_TX_1EB2525596A948750AE1B1D5B7E10714" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Texas [Member]</link:label>
    <link:label id="lab_stpr_TX_1EB2525596A948750AE1B1D5B7E10714_label_en-US" xlink:label="lab_stpr_TX_1EB2525596A948750AE1B1D5B7E10714" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TEXAS</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_TX" xlink:label="loc_stpr_TX_1EB2525596A948750AE1B1D5B7E10714" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_TX_1EB2525596A948750AE1B1D5B7E10714" xlink:to="lab_stpr_TX_1EB2525596A948750AE1B1D5B7E10714" xlink:type="arc" />
    <link:label id="lab_ocn_OtherStatesMember_BF2E7666B8DE7E2BED93B1D5B7E11390_terseLabel_en-US" xlink:label="lab_ocn_OtherStatesMember_BF2E7666B8DE7E2BED93B1D5B7E11390" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other [Member]</link:label>
    <link:label id="lab_ocn_OtherStatesMember_BF2E7666B8DE7E2BED93B1D5B7E11390_label_en-US" xlink:label="lab_ocn_OtherStatesMember_BF2E7666B8DE7E2BED93B1D5B7E11390" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other States [Member]</link:label>
    <link:label id="lab_ocn_OtherStatesMember_BF2E7666B8DE7E2BED93B1D5B7E11390_documentation_en-US" xlink:label="lab_ocn_OtherStatesMember_BF2E7666B8DE7E2BED93B1D5B7E11390" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other states.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OtherStatesMember" xlink:label="loc_ocn_OtherStatesMember_BF2E7666B8DE7E2BED93B1D5B7E11390" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherStatesMember_BF2E7666B8DE7E2BED93B1D5B7E11390" xlink:to="lab_ocn_OtherStatesMember_BF2E7666B8DE7E2BED93B1D5B7E11390" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLineItems_DC1F27CC413301414755B1D5B7E19E38_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLineItems_DC1F27CC413301414755B1D5B7E19E38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate [Line Items]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLineItems_DC1F27CC413301414755B1D5B7E19E38_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLineItems_DC1F27CC413301414755B1D5B7E19E38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageLoansOnRealEstateLineItems" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateLineItems_DC1F27CC413301414755B1D5B7E19E38" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateLineItems_DC1F27CC413301414755B1D5B7E19E38" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateLineItems_DC1F27CC413301414755B1D5B7E19E38" xlink:type="arc" />
    <link:label id="lab_ocn_AssetsServiced_82AEFB2C23ECF39AEDF0B1D5B7E1A482_terseLabel_en-US" xlink:label="lab_ocn_AssetsServiced_82AEFB2C23ECF39AEDF0B1D5B7E1A482" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount</link:label>
    <link:label id="lab_ocn_AssetsServiced_82AEFB2C23ECF39AEDF0B1D5B7E1A482_label_en-US" xlink:label="lab_ocn_AssetsServiced_82AEFB2C23ECF39AEDF0B1D5B7E1A482" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Serviced</link:label>
    <link:label id="lab_ocn_AssetsServiced_82AEFB2C23ECF39AEDF0B1D5B7E1A482_documentation_en-US" xlink:label="lab_ocn_AssetsServiced_82AEFB2C23ECF39AEDF0B1D5B7E1A482" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total of property assets serviced as measured by UPB.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AssetsServiced" xlink:label="loc_ocn_AssetsServiced_82AEFB2C23ECF39AEDF0B1D5B7E1A482" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AssetsServiced_82AEFB2C23ECF39AEDF0B1D5B7E1A482" xlink:to="lab_ocn_AssetsServiced_82AEFB2C23ECF39AEDF0B1D5B7E1A482" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_C4AE885B522861B7726EB1D5B7E121CA_verboseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_C4AE885B522861B7726EB1D5B7E121CA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Residential loans, count</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_C4AE885B522861B7726EB1D5B7E121CA_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_C4AE885B522861B7726EB1D5B7E121CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Loans</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageLoansOnRealEstateNumberOfLoans" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_C4AE885B522861B7726EB1D5B7E121CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_C4AE885B522861B7726EB1D5B7E121CA" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_C4AE885B522861B7726EB1D5B7E121CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_0D38E2632CFCFBCC1FCCE9F2135A63BD_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_0D38E2632CFCFBCC1FCCE9F2135A63BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_0D38E2632CFCFBCC1FCCE9F2135A63BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_0D38E2632CFCFBCC1FCCE9F2135A63BD" xlink:to="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_0D38E2632CFCFBCC1FCCE9F2135A63BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_1048EDAAF34D224ED178E9F2135A627A_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_1048EDAAF34D224ED178E9F2135A627A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Table]</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_1048EDAAF34D224ED178E9F2135A627A_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_1048EDAAF34D224ED178E9F2135A627A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_1048EDAAF34D224ED178E9F2135A627A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_1048EDAAF34D224ED178E9F2135A627A" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_1048EDAAF34D224ED178E9F2135A627A" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_993B7B087B5C27F8CFFDE9F2135A36D2_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_993B7B087B5C27F8CFFDE9F2135A36D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_993B7B087B5C27F8CFFDE9F2135A36D2_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_993B7B087B5C27F8CFFDE9F2135A36D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_993B7B087B5C27F8CFFDE9F2135A36D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_993B7B087B5C27F8CFFDE9F2135A36D2" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_993B7B087B5C27F8CFFDE9F2135A36D2" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityComponentDomain_8B1B1F661EBE93312471E9F2135ADFDD_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_8B1B1F661EBE93312471E9F2135ADFDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityComponentDomain_8B1B1F661EBE93312471E9F2135ADFDD_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_8B1B1F661EBE93312471E9F2135ADFDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_8B1B1F661EBE93312471E9F2135ADFDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain_8B1B1F661EBE93312471E9F2135ADFDD" xlink:to="lab_us-gaap_EquityComponentDomain_8B1B1F661EBE93312471E9F2135ADFDD" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_BFAA222C941F8B02A9A5E9F2135A3D88_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_BFAA222C941F8B02A9A5E9F2135A3D88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]</link:label>
    <link:label id="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_BFAA222C941F8B02A9A5E9F2135A3D88_label_en-US" xlink:label="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_BFAA222C941F8B02A9A5E9F2135A3D88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember" xlink:label="loc_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_BFAA222C941F8B02A9A5E9F2135A3D88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_BFAA222C941F8B02A9A5E9F2135A3D88" xlink:to="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_BFAA222C941F8B02A9A5E9F2135A3D88" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_3626E43834831BB4C787E9F2135A9F95_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_3626E43834831BB4C787E9F2135A9F95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Line Items]</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_3626E43834831BB4C787E9F2135A9F95_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_3626E43834831BB4C787E9F2135A9F95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_3626E43834831BB4C787E9F2135A9F95" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_3626E43834831BB4C787E9F2135A9F95" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_3626E43834831BB4C787E9F2135A9F95" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_D8F5F045A1940997BDDEE9F2135A1492_negatedPeriodStartLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_D8F5F045A1940997BDDEE9F2135A1492" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_D8F5F045A1940997BDDEE9F2135A1492" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_D8F5F045A1940997BDDEE9F2135A1492" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_D8F5F045A1940997BDDEE9F2135A1492" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_3FDD08A788FAE3E60B40E9F2135BDAED_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_3FDD08A788FAE3E60B40E9F2135BDAED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional net losses on cash flow hedges</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_3FDD08A788FAE3E60B40E9F2135BDAED_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_3FDD08A788FAE3E60B40E9F2135BDAED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_3FDD08A788FAE3E60B40E9F2135BDAED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_3FDD08A788FAE3E60B40E9F2135BDAED" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_3FDD08A788FAE3E60B40E9F2135BDAED" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_3E86DAD714CFB9D43A3EE9F2135BDC7B_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_3E86DAD714CFB9D43A3EE9F2135BDC7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ineffectiveness of cash flow hedges reclassified to earnings</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_3E86DAD714CFB9D43A3EE9F2135BDC7B_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_3E86DAD714CFB9D43A3EE9F2135BDC7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_3E86DAD714CFB9D43A3EE9F2135BDC7B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_3E86DAD714CFB9D43A3EE9F2135BDC7B" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_3E86DAD714CFB9D43A3EE9F2135BDC7B" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge_84C7E11C724F9E3A0695E9F2135BE1D2_terseLabel_en-US" xlink:label="lab_ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge_84C7E11C724F9E3A0695E9F2135BE1D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Losses on terminated hedging relationships amortized to earnings</link:label>
    <link:label id="lab_ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge_84C7E11C724F9E3A0695E9F2135BE1D2_label_en-US" xlink:label="lab_ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge_84C7E11C724F9E3A0695E9F2135BE1D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments, Gain (Loss) Recognized in Income, Gain (Loss) on Termination of Hedge</link:label>
    <link:label id="lab_ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge_84C7E11C724F9E3A0695E9F2135BE1D2_documentation_en-US" xlink:label="lab_ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge_84C7E11C724F9E3A0695E9F2135BE1D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Instruments, Gain (Loss) Recognized in Income, Gain (Loss) on Termination of Hedge</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge" xlink:label="loc_ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge_84C7E11C724F9E3A0695E9F2135BE1D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge_84C7E11C724F9E3A0695E9F2135BE1D2" xlink:to="lab_ocn_DerivativeInstrumentsGainLossRecognizedinIncomeGainLossonTerminationofHedge_84C7E11C724F9E3A0695E9F2135BE1D2" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax_307AD5CEDD9FA26595D7E9F2135B5277_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax_307AD5CEDD9FA26595D7E9F2135B5277" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net (decrease) increase in accumulated losses on cash flow hedges</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax_307AD5CEDD9FA26595D7E9F2135B5277_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax_307AD5CEDD9FA26595D7E9F2135B5277" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax_307AD5CEDD9FA26595D7E9F2135B5277" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax_307AD5CEDD9FA26595D7E9F2135B5277" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax_307AD5CEDD9FA26595D7E9F2135B5277" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent_38E49CC451E695D7EB44E9F2135BC331_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent_38E49CC451E695D7EB44E9F2135BC331" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Decrease in deferred taxes on accumulated losses on cash flow hedges</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent_38E49CC451E695D7EB44E9F2135BC331_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent_38E49CC451E695D7EB44E9F2135BC331" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax, Portion Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent_38E49CC451E695D7EB44E9F2135BC331" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent_38E49CC451E695D7EB44E9F2135BC331" xlink:to="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent_38E49CC451E695D7EB44E9F2135BC331" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent_3EC052E1D44E0954C810E9F2135BA370_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent_3EC052E1D44E0954C810E9F2135BA370" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">(Decrease) increase in accumulated losses on cash flow hedges, net of taxes</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent_3EC052E1D44E0954C810E9F2135BA370_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent_3EC052E1D44E0954C810E9F2135BA370" 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, Portion Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent_3EC052E1D44E0954C810E9F2135BA370" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent_3EC052E1D44E0954C810E9F2135BA370" xlink:to="lab_us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent_3EC052E1D44E0954C810E9F2135BA370" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_1F61FBA972B9AEB0A8B6E9F2135B4CF5_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_1F61FBA972B9AEB0A8B6E9F2135B4CF5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other, net of taxes</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_1F61FBA972B9AEB0A8B6E9F2135B4CF5_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_1F61FBA972B9AEB0A8B6E9F2135B4CF5" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeOtherNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_1F61FBA972B9AEB0A8B6E9F2135B4CF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_1F61FBA972B9AEB0A8B6E9F2135B4CF5" xlink:to="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_1F61FBA972B9AEB0A8B6E9F2135B4CF5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_73310B1C4AE1606AB5A5E9F2135BD578_negatedPeriodEndLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_73310B1C4AE1606AB5A5E9F2135BD578" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_73310B1C4AE1606AB5A5E9F2135BD578" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_73310B1C4AE1606AB5A5E9F2135BD578" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_73310B1C4AE1606AB5A5E9F2135BD578" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesTable_9B180BCE7FADE7E2605866C024679649_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTable_9B180BCE7FADE7E2605866C024679649" 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_9B180BCE7FADE7E2605866C024679649_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTable_9B180BCE7FADE7E2605866C024679649" 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_9B180BCE7FADE7E2605866C024679649_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTable_9B180BCE7FADE7E2605866C024679649" 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-20151231.xsd#ocn_MatchFundedAdvancesTable" xlink:label="loc_ocn_MatchFundedAdvancesTable_9B180BCE7FADE7E2605866C024679649" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesTable_9B180BCE7FADE7E2605866C024679649" xlink:to="lab_ocn_MatchFundedAdvancesTable_9B180BCE7FADE7E2605866C024679649" xlink:type="arc" />
    <link:label id="lab_us-gaap_ResidentialMortgageMember_42EAD19C5C7BC5D907E566C024672FD9_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialMortgageMember_42EAD19C5C7BC5D907E566C024672FD9" 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_42EAD19C5C7BC5D907E566C024672FD9_label_en-US" xlink:label="lab_us-gaap_ResidentialMortgageMember_42EAD19C5C7BC5D907E566C024672FD9" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ResidentialMortgageMember" xlink:label="loc_us-gaap_ResidentialMortgageMember_42EAD19C5C7BC5D907E566C024672FD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResidentialMortgageMember_42EAD19C5C7BC5D907E566C024672FD9" xlink:to="lab_us-gaap_ResidentialMortgageMember_42EAD19C5C7BC5D907E566C024672FD9" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesLineItems_F1597585EC46E9F1BBEA66C024676646_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesLineItems_F1597585EC46E9F1BBEA66C024676646" 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_F1597585EC46E9F1BBEA66C024676646_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesLineItems_F1597585EC46E9F1BBEA66C024676646" 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_F1597585EC46E9F1BBEA66C024676646_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesLineItems_F1597585EC46E9F1BBEA66C024676646" 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-20151231.xsd#ocn_MatchFundedAdvancesLineItems" xlink:label="loc_ocn_MatchFundedAdvancesLineItems_F1597585EC46E9F1BBEA66C024676646" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesLineItems_F1597585EC46E9F1BBEA66C024676646" xlink:to="lab_ocn_MatchFundedAdvancesLineItems_F1597585EC46E9F1BBEA66C024676646" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesRollForward_BB5934AD897F56A6480B66C02467B8EC_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesRollForward_BB5934AD897F56A6480B66C02467B8EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Match Funded Advances [Roll Forward]</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesRollForward_BB5934AD897F56A6480B66C02467B8EC_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesRollForward_BB5934AD897F56A6480B66C02467B8EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Advances [Roll Forward]</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesRollForward_BB5934AD897F56A6480B66C02467B8EC_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesRollForward_BB5934AD897F56A6480B66C02467B8EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Match Funded Advances [Roll Forward]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MatchFundedAdvancesRollForward" xlink:label="loc_ocn_MatchFundedAdvancesRollForward_BB5934AD897F56A6480B66C02467B8EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesRollForward_BB5934AD897F56A6480B66C02467B8EC" xlink:to="lab_ocn_MatchFundedAdvancesRollForward_BB5934AD897F56A6480B66C02467B8EC" xlink:type="arc" />
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_62EF3AEA2CA9989470BD66C024671C72_periodStartLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_62EF3AEA2CA9989470BD66C024671C72" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_62EF3AEA2CA9989470BD66C024671C72_label_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_62EF3AEA2CA9989470BD66C024671C72" 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>
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_62EF3AEA2CA9989470BD66C024671C72_documentation_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_62EF3AEA2CA9989470BD66C024671C72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying amount 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) 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-20151231.xsd#ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:label="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_62EF3AEA2CA9989470BD66C024671C72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_62EF3AEA2CA9989470BD66C024671C72" xlink:to="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_62EF3AEA2CA9989470BD66C024671C72" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_64F6B00FDF088E22193F66C02467C413_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_64F6B00FDF088E22193F66C02467C413" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_64F6B00FDF088E22193F66C02467C413_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_64F6B00FDF088E22193F66C02467C413" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Advances, Acquired During Period</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_64F6B00FDF088E22193F66C02467C413_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_64F6B00FDF088E22193F66C02467C413" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Match Funded Advances, Acquired During Period</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MatchFundedAdvancesAcquiredDuringPeriod" xlink:label="loc_ocn_MatchFundedAdvancesAcquiredDuringPeriod_64F6B00FDF088E22193F66C02467C413" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesAcquiredDuringPeriod_64F6B00FDF088E22193F66C02467C413" xlink:to="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_64F6B00FDF088E22193F66C02467C413" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesTransfers_54CA7E334A92E17BA6AD66C02467B12B_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTransfers_54CA7E334A92E17BA6AD66C02467B12B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers from advances</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesTransfers_54CA7E334A92E17BA6AD66C02467B12B_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTransfers_54CA7E334A92E17BA6AD66C02467B12B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Advances, Transfers</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesTransfers_54CA7E334A92E17BA6AD66C02467B12B_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTransfers_54CA7E334A92E17BA6AD66C02467B12B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Match Funded Advances, Transfers</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MatchFundedAdvancesTransfers" xlink:label="loc_ocn_MatchFundedAdvancesTransfers_54CA7E334A92E17BA6AD66C02467B12B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesTransfers_54CA7E334A92E17BA6AD66C02467B12B" xlink:to="lab_ocn_MatchFundedAdvancesTransfers_54CA7E334A92E17BA6AD66C02467B12B" xlink:type="arc" />
    <link:label id="lab_ocn_SaleOfMatchFundedAdvances_6038F521F5F4CC82251866C0246764AD_negatedTerseLabel_en-US" xlink:label="lab_ocn_SaleOfMatchFundedAdvances_6038F521F5F4CC82251866C0246764AD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Sales of advances</link:label>
    <link:label id="lab_ocn_SaleOfMatchFundedAdvances_6038F521F5F4CC82251866C0246764AD_label_en-US" xlink:label="lab_ocn_SaleOfMatchFundedAdvances_6038F521F5F4CC82251866C0246764AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Of Match Funded Advances</link:label>
    <link:label id="lab_ocn_SaleOfMatchFundedAdvances_6038F521F5F4CC82251866C0246764AD_documentation_en-US" xlink:label="lab_ocn_SaleOfMatchFundedAdvances_6038F521F5F4CC82251866C0246764AD" 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-20151231.xsd#ocn_SaleOfMatchFundedAdvances" xlink:label="loc_ocn_SaleOfMatchFundedAdvances_6038F521F5F4CC82251866C0246764AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SaleOfMatchFundedAdvances_6038F521F5F4CC82251866C0246764AD" xlink:to="lab_ocn_SaleOfMatchFundedAdvances_6038F521F5F4CC82251866C0246764AD" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesCollections_A4E48C8F6D0B08489D5466C02467BA3C_negatedTerseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesCollections_A4E48C8F6D0B08489D5466C02467BA3C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Collections of pledged advances, net of new advances and other</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesCollections_A4E48C8F6D0B08489D5466C02467BA3C_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesCollections_A4E48C8F6D0B08489D5466C02467BA3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Advances, Collections</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesCollections_A4E48C8F6D0B08489D5466C02467BA3C_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesCollections_A4E48C8F6D0B08489D5466C02467BA3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Match Funded Advances, Collections</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MatchFundedAdvancesCollections" xlink:label="loc_ocn_MatchFundedAdvancesCollections_A4E48C8F6D0B08489D5466C02467BA3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesCollections_A4E48C8F6D0B08489D5466C02467BA3C" xlink:to="lab_ocn_MatchFundedAdvancesCollections_A4E48C8F6D0B08489D5466C02467BA3C" xlink:type="arc" />
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F5FD1A6CA71D7260B71A66C0246753AE_periodEndLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F5FD1A6CA71D7260B71A66C0246753AE" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:label="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F5FD1A6CA71D7260B71A66C0246753AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F5FD1A6CA71D7260B71A66C0246753AE" xlink:to="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F5FD1A6CA71D7260B71A66C0246753AE" xlink:type="arc" />
    <link:label id="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_F48EF856ECDBE562E3911828121E700C_terseLabel_en-US" xlink:label="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_F48EF856ECDBE562E3911828121E700C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">6.625 Senior Notes, Due 2019 [Member]</link:label>
    <link:label id="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_F48EF856ECDBE562E3911828121E700C_label_en-US" xlink:label="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_F48EF856ECDBE562E3911828121E700C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Six Point Six Two Five Percent Senior Notes, Due Two Thousand Nineteen [Member]</link:label>
    <link:label id="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_F48EF856ECDBE562E3911828121E700C_documentation_en-US" xlink:label="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_F48EF856ECDBE562E3911828121E700C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Six Point Six Two Five Percent Senior Notes, Due Two Thousand Nineteen [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember" xlink:label="loc_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_F48EF856ECDBE562E3911828121E700C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_F48EF856ECDBE562E3911828121E700C" xlink:to="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_F48EF856ECDBE562E3911828121E700C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_8B092511AA25AF2AD1391828121E8663_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_8B092511AA25AF2AD1391828121E8663" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period [Axis]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_8B092511AA25AF2AD1391828121E8663_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_8B092511AA25AF2AD1391828121E8663" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodAxis" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodAxis_8B092511AA25AF2AD1391828121E8663" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodAxis_8B092511AA25AF2AD1391828121E8663" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_8B092511AA25AF2AD1391828121E8663" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_ED0B5D9A2521AC23D5E41828121E4CCC_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_ED0B5D9A2521AC23D5E41828121E4CCC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period [Domain]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_ED0B5D9A2521AC23D5E41828121E4CCC_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_ED0B5D9A2521AC23D5E41828121E4CCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodDomain" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodDomain_ED0B5D9A2521AC23D5E41828121E4CCC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodDomain_ED0B5D9A2521AC23D5E41828121E4CCC" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_ED0B5D9A2521AC23D5E41828121E4CCC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_EE689C841EAF0C909F1C1828121EC08D_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_EE689C841EAF0C909F1C1828121EC08D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2016 [Member]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_EE689C841EAF0C909F1C1828121EC08D_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_EE689C841EAF0C909F1C1828121EC08D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period One [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodOneMember" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodOneMember_EE689C841EAF0C909F1C1828121EC08D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodOneMember_EE689C841EAF0C909F1C1828121EC08D" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_EE689C841EAF0C909F1C1828121EC08D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_49D944CC442AB4C1E6E61828121E8D2B_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_49D944CC442AB4C1E6E61828121E8D2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017 [Member]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_49D944CC442AB4C1E6E61828121E8D2B_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_49D944CC442AB4C1E6E61828121E8D2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period Two [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodTwoMember" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_49D944CC442AB4C1E6E61828121E8D2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_49D944CC442AB4C1E6E61828121E8D2B" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_49D944CC442AB4C1E6E61828121E8D2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodThreeMember_7A402D70567B3B7D48A31828121E9413_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodThreeMember_7A402D70567B3B7D48A31828121E9413" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018 and Thereafter [Member]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodThreeMember_7A402D70567B3B7D48A31828121E9413_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodThreeMember_7A402D70567B3B7D48A31828121E9413" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period Three [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodThreeMember" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodThreeMember_7A402D70567B3B7D48A31828121E9413" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodThreeMember_7A402D70567B3B7D48A31828121E9413" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodThreeMember_7A402D70567B3B7D48A31828121E9413" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnsecuredDebtMember_A4A7095E145D3C363AB01828121E2CB7_terseLabel_en-US" xlink:label="lab_us-gaap_UnsecuredDebtMember_A4A7095E145D3C363AB01828121E2CB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes [Member]</link:label>
    <link:label id="lab_us-gaap_UnsecuredDebtMember_A4A7095E145D3C363AB01828121E2CB7_label_en-US" xlink:label="lab_us-gaap_UnsecuredDebtMember_A4A7095E145D3C363AB01828121E2CB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured Debt [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnsecuredDebtMember" xlink:label="loc_us-gaap_UnsecuredDebtMember_A4A7095E145D3C363AB01828121E2CB7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnsecuredDebtMember_A4A7095E145D3C363AB01828121E2CB7" xlink:to="lab_us-gaap_UnsecuredDebtMember_A4A7095E145D3C363AB01828121E2CB7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_59D195AB7779B1CD219B1828121EF7A4_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_59D195AB7779B1CD219B1828121EF7A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redemption Price</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_59D195AB7779B1CD219B1828121EF7A4_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_59D195AB7779B1CD219B1828121EF7A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption Price, Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPricePercentage" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_59D195AB7779B1CD219B1828121EF7A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_59D195AB7779B1CD219B1828121EF7A4" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_59D195AB7779B1CD219B1828121EF7A4" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock_110E950DCE90CF9DB34EB1D5BBB60FE5_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock_110E950DCE90CF9DB34EB1D5BBB60FE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Components of Interest Expense</link:label>
    <link:label id="lab_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock_110E950DCE90CF9DB34EB1D5BBB60FE5_label_en-US" xlink:label="lab_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock_110E950DCE90CF9DB34EB1D5BBB60FE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Interest Expense By Liability [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock_110E950DCE90CF9DB34EB1D5BBB60FE5_documentation_en-US" xlink:label="lab_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock_110E950DCE90CF9DB34EB1D5BBB60FE5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of interest expense by the components of the Company's interest-bearing liabilities.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock" xlink:label="loc_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock_110E950DCE90CF9DB34EB1D5BBB60FE5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock_110E950DCE90CF9DB34EB1D5BBB60FE5" xlink:to="lab_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock_110E950DCE90CF9DB34EB1D5BBB60FE5" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock_30CE1C08243C5186BD33B1D5BBB66F41_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock_30CE1C08243C5186BD33B1D5BBB66F41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Interest Expense Related to Financing Liabilities Recorded in Connection with the HLSS Transactions</link:label>
    <link:label id="lab_ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock_30CE1C08243C5186BD33B1D5BBB66F41_label_en-US" xlink:label="lab_ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock_30CE1C08243C5186BD33B1D5BBB66F41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Interest Expense [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock_30CE1C08243C5186BD33B1D5BBB66F41_documentation_en-US" xlink:label="lab_ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock_30CE1C08243C5186BD33B1D5BBB66F41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Interest Expense [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock" xlink:label="loc_ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock_30CE1C08243C5186BD33B1D5BBB66F41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock_30CE1C08243C5186BD33B1D5BBB66F41" xlink:to="lab_ocn_ScheduleofRelatedPartyInterestExpenseTableTextBlock_30CE1C08243C5186BD33B1D5BBB66F41" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock_2487239586A24C4937DFB1D5B99D57E1_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock_2487239586A24C4937DFB1D5B99D57E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Activity in Carrying Value of Amortization Method Servicing Assets</link:label>
    <link:label id="lab_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock_2487239586A24C4937DFB1D5B99D57E1_label_en-US" xlink:label="lab_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock_2487239586A24C4937DFB1D5B99D57E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock" xlink:label="loc_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock_2487239586A24C4937DFB1D5B99D57E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock_2487239586A24C4937DFB1D5B99D57E1" xlink:to="lab_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock_2487239586A24C4937DFB1D5B99D57E1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_D02D39F4E3A9A7B7A014B1D5B99D7B49_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_D02D39F4E3A9A7B7A014B1D5B99D7B49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Estimated Amortization Expense for MSRs</link:label>
    <link:label id="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_D02D39F4E3A9A7B7A014B1D5B99D7B49_label_en-US" xlink:label="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_D02D39F4E3A9A7B7A014B1D5B99D7B49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock" xlink:label="loc_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_D02D39F4E3A9A7B7A014B1D5B99D7B49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_D02D39F4E3A9A7B7A014B1D5B99D7B49" xlink:to="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_D02D39F4E3A9A7B7A014B1D5B99D7B49" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_744D76D17C588FE96E59B1D5B99DA6A0_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_744D76D17C588FE96E59B1D5B99DA6A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Activity Related to Fair Value Servicing Assets</link:label>
    <link:label id="lab_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_744D76D17C588FE96E59B1D5B99DA6A0_label_en-US" xlink:label="lab_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_744D76D17C588FE96E59B1D5B99DA6A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Servicing Assets at Fair Value [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock" xlink:label="loc_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_744D76D17C588FE96E59B1D5B99DA6A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_744D76D17C588FE96E59B1D5B99DA6A0" xlink:to="lab_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_744D76D17C588FE96E59B1D5B99DA6A0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_A4A3764A44EA626C4F52B1D5B99DD8F9_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_A4A3764A44EA626C4F52B1D5B99DD8F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Estimated Change in the Value of MSRs Carried at Fair Value</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_A4A3764A44EA626C4F52B1D5B99DD8F9_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_A4A3764A44EA626C4F52B1D5B99DD8F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock" xlink:label="loc_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_A4A3764A44EA626C4F52B1D5B99DD8F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_A4A3764A44EA626C4F52B1D5B99DD8F9" xlink:to="lab_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_A4A3764A44EA626C4F52B1D5B99DD8F9" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock_7A795BEE23613B2EFA19B1D5B99D0B4A_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock_7A795BEE23613B2EFA19B1D5B99D0B4A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Composition of Primary Servicing and Subservicing Portfolios by Type of Property Serviced as Measured by UPB</link:label>
    <link:label id="lab_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock_7A795BEE23613B2EFA19B1D5B99D0B4A_label_en-US" xlink:label="lab_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock_7A795BEE23613B2EFA19B1D5B99D0B4A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Loans Serviced By Property Type [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock_7A795BEE23613B2EFA19B1D5B99D0B4A_documentation_en-US" xlink:label="lab_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock_7A795BEE23613B2EFA19B1D5B99D0B4A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of loans serviced by property type.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock" xlink:label="loc_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock_7A795BEE23613B2EFA19B1D5B99D0B4A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock_7A795BEE23613B2EFA19B1D5B99D0B4A" xlink:to="lab_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock_7A795BEE23613B2EFA19B1D5B99D0B4A" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock_61162803E8C4615E62DFB1D5B99D656C_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock_61162803E8C4615E62DFB1D5B99D656C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Geographic Distributions of UPB and Count of Residential Loans and Real Estate Serviced</link:label>
    <link:label id="lab_ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock_61162803E8C4615E62DFB1D5B99D656C_label_en-US" xlink:label="lab_ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock_61162803E8C4615E62DFB1D5B99D656C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Geographic Residential Loans and Real Estate [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock_61162803E8C4615E62DFB1D5B99D656C_documentation_en-US" xlink:label="lab_ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock_61162803E8C4615E62DFB1D5B99D656C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Geographic Residential Loans and Real Estate [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock" xlink:label="loc_ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock_61162803E8C4615E62DFB1D5B99D656C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock_61162803E8C4615E62DFB1D5B99D656C" xlink:to="lab_ocn_ScheduleofGeographicResidentialLoansandRealEstateTableTextBlock_61162803E8C4615E62DFB1D5B99D656C" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_19456A369AB75DDC1378B1D5B99D4A31_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_19456A369AB75DDC1378B1D5B99D4A31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Components of Servicing and Subservicing Fees</link:label>
    <link:label id="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_19456A369AB75DDC1378B1D5B99D4A31_label_en-US" xlink:label="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_19456A369AB75DDC1378B1D5B99D4A31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Servicing and Subservicing Fees [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_19456A369AB75DDC1378B1D5B99D4A31_documentation_en-US" xlink:label="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_19456A369AB75DDC1378B1D5B99D4A31" 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-20151231.xsd#ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock" xlink:label="loc_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_19456A369AB75DDC1378B1D5B99D4A31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_19456A369AB75DDC1378B1D5B99D4A31" xlink:to="lab_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock_19456A369AB75DDC1378B1D5B99D4A31" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_7301593A281B67EAF5E3B1D5BBB801E3_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_7301593A281B67EAF5E3B1D5BBB801E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans held for sale</link:label>
    <link:label id="lab_us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_7301593A281B67EAF5E3B1D5BBB801E3_label_en-US" xlink:label="lab_us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_7301593A281B67EAF5E3B1D5BBB801E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest and Fee Income, Loans Held-for-sale, Mortgages</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages" xlink:label="loc_us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_7301593A281B67EAF5E3B1D5BBB801E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_7301593A281B67EAF5E3B1D5BBB801E3" xlink:to="lab_us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_7301593A281B67EAF5E3B1D5BBB801E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestIncomeOther_6640E11AD72ED3CF70F0B1D5BBB884E8_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeOther_6640E11AD72ED3CF70F0B1D5BBB884E8" 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_InterestIncomeOther_6640E11AD72ED3CF70F0B1D5BBB884E8_label_en-US" xlink:label="lab_us-gaap_InterestIncomeOther_6640E11AD72ED3CF70F0B1D5BBB884E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestIncomeOther" xlink:label="loc_us-gaap_InterestIncomeOther_6640E11AD72ED3CF70F0B1D5BBB884E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeOther_6640E11AD72ED3CF70F0B1D5BBB884E8" xlink:to="lab_us-gaap_InterestIncomeOther_6640E11AD72ED3CF70F0B1D5BBB884E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestIncomeOperating_4E3DF0E530043067DF7CB1D5BBB80DBA_totalLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeOperating_4E3DF0E530043067DF7CB1D5BBB80DBA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Interest Income</link:label>
    <link:label id="lab_us-gaap_InterestIncomeOperating_4E3DF0E530043067DF7CB1D5BBB80DBA_label_en-US" xlink:label="lab_us-gaap_InterestIncomeOperating_4E3DF0E530043067DF7CB1D5BBB80DBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income, Operating</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestIncomeOperating" xlink:label="loc_us-gaap_InterestIncomeOperating_4E3DF0E530043067DF7CB1D5BBB80DBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeOperating_4E3DF0E530043067DF7CB1D5BBB80DBA" xlink:to="lab_us-gaap_InterestIncomeOperating_4E3DF0E530043067DF7CB1D5BBB80DBA" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilitiesDisclosureAbstract_EF488B1A29EF2E93D61FD0F415F26DC5_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesDisclosureAbstract_EF488B1A29EF2E93D61FD0F415F26DC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherLiabilitiesDisclosureAbstract" xlink:label="loc_us-gaap_OtherLiabilitiesDisclosureAbstract_EF488B1A29EF2E93D61FD0F415F26DC5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesDisclosureAbstract_EF488B1A29EF2E93D61FD0F415F26DC5" xlink:to="lab_us-gaap_OtherLiabilitiesDisclosureAbstract_EF488B1A29EF2E93D61FD0F415F26DC5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability_71CBEA1FD79BEA0D8D3CD0F415F26AD4_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability_71CBEA1FD79BEA0D8D3CD0F415F26AD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingent loan repurchase liability</link:label>
    <link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability_71CBEA1FD79BEA0D8D3CD0F415F26AD4_label_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability_71CBEA1FD79BEA0D8D3CD0F415F26AD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Sold under Agreements to Repurchase, Repurchase Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability" xlink:label="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability_71CBEA1FD79BEA0D8D3CD0F415F26AD4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability_71CBEA1FD79BEA0D8D3CD0F415F26AD4" xlink:to="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability_71CBEA1FD79BEA0D8D3CD0F415F26AD4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_7C9F80E08738C3ECFE51D0F415F200D9_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_7C9F80E08738C3ECFE51D0F415F200D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses</link:label>
    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_7C9F80E08738C3ECFE51D0F415F200D9_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_7C9F80E08738C3ECFE51D0F415F200D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_7C9F80E08738C3ECFE51D0F415F200D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_7C9F80E08738C3ECFE51D0F415F200D9" xlink:to="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_7C9F80E08738C3ECFE51D0F415F200D9" xlink:type="arc" />
    <link:label id="lab_ocn_LiabilityForUncertainTaxPositions_D51C625B984D3EF2A8D3D0F415F38B70_terseLabel_en-US" xlink:label="lab_ocn_LiabilityForUncertainTaxPositions_D51C625B984D3EF2A8D3D0F415F38B70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability for uncertain tax positions</link:label>
    <link:label id="lab_ocn_LiabilityForUncertainTaxPositions_D51C625B984D3EF2A8D3D0F415F38B70_label_en-US" xlink:label="lab_ocn_LiabilityForUncertainTaxPositions_D51C625B984D3EF2A8D3D0F415F38B70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability For Uncertain Tax Positions</link:label>
    <link:label id="lab_ocn_LiabilityForUncertainTaxPositions_D51C625B984D3EF2A8D3D0F415F38B70_documentation_en-US" xlink:label="lab_ocn_LiabilityForUncertainTaxPositions_D51C625B984D3EF2A8D3D0F415F38B70" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LiabilityForUncertainTaxPositions" xlink:label="loc_ocn_LiabilityForUncertainTaxPositions_D51C625B984D3EF2A8D3D0F415F38B70" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LiabilityForUncertainTaxPositions_D51C625B984D3EF2A8D3D0F415F38B70" xlink:to="lab_ocn_LiabilityForUncertainTaxPositions_D51C625B984D3EF2A8D3D0F415F38B70" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiability_067600FB3492F271A3DBD0F415F2D5A9_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_067600FB3492F271A3DBD0F415F2D5A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability for indemnification obligations</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiability_067600FB3492F271A3DBD0F415F2D5A9_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_067600FB3492F271A3DBD0F415F2D5A9" 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_067600FB3492F271A3DBD0F415F2D5A9_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_067600FB3492F271A3DBD0F415F2D5A9" 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-20151231.xsd#ocn_IndemnificationObligationsLiability" xlink:label="loc_ocn_IndemnificationObligationsLiability_067600FB3492F271A3DBD0F415F2D5A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiability_067600FB3492F271A3DBD0F415F2D5A9" xlink:to="lab_ocn_IndemnificationObligationsLiability_067600FB3492F271A3DBD0F415F2D5A9" xlink:type="arc" />
    <link:label id="lab_ocn_DueToServicingAndSubservicingInvestors_E996C1172A6B3986AFE6D0F415F29F0C_terseLabel_en-US" xlink:label="lab_ocn_DueToServicingAndSubservicingInvestors_E996C1172A6B3986AFE6D0F415F29F0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payable to servicing and subservicing investors</link:label>
    <link:label id="lab_ocn_DueToServicingAndSubservicingInvestors_E996C1172A6B3986AFE6D0F415F29F0C_label_en-US" xlink:label="lab_ocn_DueToServicingAndSubservicingInvestors_E996C1172A6B3986AFE6D0F415F29F0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due To Servicing and Subservicing Investors</link:label>
    <link:label id="lab_ocn_DueToServicingAndSubservicingInvestors_E996C1172A6B3986AFE6D0F415F29F0C_documentation_en-US" xlink:label="lab_ocn_DueToServicingAndSubservicingInvestors_E996C1172A6B3986AFE6D0F415F29F0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amounts due to investors in loans that we service under servicing and subservicing agreements.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DueToServicingAndSubservicingInvestors" xlink:label="loc_ocn_DueToServicingAndSubservicingInvestors_E996C1172A6B3986AFE6D0F415F29F0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DueToServicingAndSubservicingInvestors_E996C1172A6B3986AFE6D0F415F29F0C" xlink:to="lab_ocn_DueToServicingAndSubservicingInvestors_E996C1172A6B3986AFE6D0F415F29F0C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DueToRelatedPartiesCurrent_FC13D0219084D6A129F2D0F415F3DD76_terseLabel_en-US" xlink:label="lab_us-gaap_DueToRelatedPartiesCurrent_FC13D0219084D6A129F2D0F415F3DD76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due to related parties</link:label>
    <link:label id="lab_us-gaap_DueToRelatedPartiesCurrent_FC13D0219084D6A129F2D0F415F3DD76_label_en-US" xlink:label="lab_us-gaap_DueToRelatedPartiesCurrent_FC13D0219084D6A129F2D0F415F3DD76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due to Related Parties, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DueToRelatedPartiesCurrent" xlink:label="loc_us-gaap_DueToRelatedPartiesCurrent_FC13D0219084D6A129F2D0F415F3DD76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueToRelatedPartiesCurrent_FC13D0219084D6A129F2D0F415F3DD76" xlink:to="lab_us-gaap_DueToRelatedPartiesCurrent_FC13D0219084D6A129F2D0F415F3DD76" xlink:type="arc" />
    <link:label id="lab_ocn_ChecksHeldForEscheat_D73D50F5BE2B55715C0FD0F415F34BCD_terseLabel_en-US" xlink:label="lab_ocn_ChecksHeldForEscheat_D73D50F5BE2B55715C0FD0F415F34BCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Checks held for escheat</link:label>
    <link:label id="lab_ocn_ChecksHeldForEscheat_D73D50F5BE2B55715C0FD0F415F34BCD_label_en-US" xlink:label="lab_ocn_ChecksHeldForEscheat_D73D50F5BE2B55715C0FD0F415F34BCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Checks Held For Escheat</link:label>
    <link:label id="lab_ocn_ChecksHeldForEscheat_D73D50F5BE2B55715C0FD0F415F34BCD_documentation_en-US" xlink:label="lab_ocn_ChecksHeldForEscheat_D73D50F5BE2B55715C0FD0F415F34BCD" 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 checks held for escheat.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ChecksHeldForEscheat" xlink:label="loc_ocn_ChecksHeldForEscheat_D73D50F5BE2B55715C0FD0F415F34BCD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ChecksHeldForEscheat_D73D50F5BE2B55715C0FD0F415F34BCD" xlink:to="lab_ocn_ChecksHeldForEscheat_D73D50F5BE2B55715C0FD0F415F34BCD" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_94DB669B2784AEBA0E23D0F415F30B9E_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_94DB669B2784AEBA0E23D0F415F30B9E" 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_OtherAccruedLiabilitiesCurrentAndNoncurrent_94DB669B2784AEBA0E23D0F415F30B9E_label_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_94DB669B2784AEBA0E23D0F415F30B9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_94DB669B2784AEBA0E23D0F415F30B9E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_94DB669B2784AEBA0E23D0F415F30B9E" xlink:to="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_94DB669B2784AEBA0E23D0F415F30B9E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilities_908B7B05F3C68959E453D0F415F31559_totalLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_908B7B05F3C68959E453D0F415F31559" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_OtherLiabilities_908B7B05F3C68959E453D0F415F31559_label_en-US" xlink:label="lab_us-gaap_OtherLiabilities_908B7B05F3C68959E453D0F415F31559" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_908B7B05F3C68959E453D0F415F31559" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilities_908B7B05F3C68959E453D0F415F31559" xlink:to="lab_us-gaap_OtherLiabilities_908B7B05F3C68959E453D0F415F31559" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefits_D39ABDDAC49791B5B4B06C192275F64F_periodStartLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_D39ABDDAC49791B5B4B06C192275F64F" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefits_D39ABDDAC49791B5B4B06C192275F64F_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_D39ABDDAC49791B5B4B06C192275F64F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaap_UnrecognizedTaxBenefits_D39ABDDAC49791B5B4B06C192275F64F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefits_D39ABDDAC49791B5B4B06C192275F64F" xlink:to="lab_us-gaap_UnrecognizedTaxBenefits_D39ABDDAC49791B5B4B06C192275F64F" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_FA8E00FF0A03965F8D1F6C1922759057_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_FA8E00FF0A03965F8D1F6C1922759057" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions for tax positions of prior years</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_FA8E00FF0A03965F8D1F6C1922759057_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_FA8E00FF0A03965F8D1F6C1922759057" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_FA8E00FF0A03965F8D1F6C1922759057" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_FA8E00FF0A03965F8D1F6C1922759057" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_FA8E00FF0A03965F8D1F6C1922759057" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_44C73C9C8BF381D690716C1922756110_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_44C73C9C8BF381D690716C1922756110" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Reductions for tax positions of prior years</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_44C73C9C8BF381D690716C1922756110_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_44C73C9C8BF381D690716C1922756110" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_44C73C9C8BF381D690716C1922756110" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_44C73C9C8BF381D690716C1922756110" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_44C73C9C8BF381D690716C1922756110" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_7F67739DCAAC5786B8E16C192275C778_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_7F67739DCAAC5786B8E16C192275C778" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Lapses in statute of limitations</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_7F67739DCAAC5786B8E16C192275C778_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_7F67739DCAAC5786B8E16C192275C778" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_7F67739DCAAC5786B8E16C192275C778" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_7F67739DCAAC5786B8E16C192275C778" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_7F67739DCAAC5786B8E16C192275C778" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefits_FF393A59CD2ABB6062A86C1922756C56_periodEndLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_FF393A59CD2ABB6062A86C1922756C56" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaap_UnrecognizedTaxBenefits_FF393A59CD2ABB6062A86C1922756C56" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefits_FF393A59CD2ABB6062A86C1922756C56" xlink:to="lab_us-gaap_UnrecognizedTaxBenefits_FF393A59CD2ABB6062A86C1922756C56" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentAbstract_D69120C525E394637D32B1D5BBAF3833_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAbstract_D69120C525E394637D32B1D5BBAF3833" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentAbstract_D69120C525E394637D32B1D5BBAF3833" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentAbstract_D69120C525E394637D32B1D5BBAF3833" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentAbstract_D69120C525E394637D32B1D5BBAF3833" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_7D3020E18AE2744B4051B1D5BBAF82D9_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_7D3020E18AE2744B4051B1D5BBAF82D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Premises and Equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_7D3020E18AE2744B4051B1D5BBAF82D9_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_7D3020E18AE2744B4051B1D5BBAF82D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentTextBlock_7D3020E18AE2744B4051B1D5BBAF82D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentTextBlock_7D3020E18AE2744B4051B1D5BBAF82D9" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_7D3020E18AE2744B4051B1D5BBAF82D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAssetsHeldForSale_352D33C65DE0C8E12C4BE57C6155ACCC_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAssetsHeldForSale_352D33C65DE0C8E12C4BE57C6155ACCC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of loans held for sale</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAssetsHeldForSale_352D33C65DE0C8E12C4BE57C6155ACCC_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAssetsHeldForSale_352D33C65DE0C8E12C4BE57C6155ACCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Assets Held-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInAssetsHeldForSale" xlink:label="loc_us-gaap_IncreaseDecreaseInAssetsHeldForSale_352D33C65DE0C8E12C4BE57C6155ACCC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAssetsHeldForSale_352D33C65DE0C8E12C4BE57C6155ACCC" xlink:to="lab_us-gaap_IncreaseDecreaseInAssetsHeldForSale_352D33C65DE0C8E12C4BE57C6155ACCC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsGrossAbstract_98B035E5936CD72DF0961AEB5998CDDE_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGrossAbstract_98B035E5936CD72DF0961AEB5998CDDE" 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_DeferredTaxAssetsGrossAbstract_98B035E5936CD72DF0961AEB5998CDDE_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGrossAbstract_98B035E5936CD72DF0961AEB5998CDDE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Gross [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="loc_us-gaap_DeferredTaxAssetsGrossAbstract_98B035E5936CD72DF0961AEB5998CDDE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsGrossAbstract_98B035E5936CD72DF0961AEB5998CDDE" xlink:to="lab_us-gaap_DeferredTaxAssetsGrossAbstract_98B035E5936CD72DF0961AEB5998CDDE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_C2BA8299ED4AE358E6511AEB59981F34_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_C2BA8299ED4AE358E6511AEB59981F34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net operating loss carryforward</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_C2BA8299ED4AE358E6511AEB59981F34_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_C2BA8299ED4AE358E6511AEB59981F34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Operating Loss Carryforwards</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_C2BA8299ED4AE358E6511AEB59981F34" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_C2BA8299ED4AE358E6511AEB59981F34" xlink:to="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_C2BA8299ED4AE358E6511AEB59981F34" xlink:type="arc" />
    <link:label id="lab_ocn_DeferredTaxAssetsMortgageServicingRightsAmortization_886BDB8327626440E7F61AEB5999B1F0_terseLabel_en-US" xlink:label="lab_ocn_DeferredTaxAssetsMortgageServicingRightsAmortization_886BDB8327626440E7F61AEB5999B1F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights amortization</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetsMortgageServicingRightsAmortization_886BDB8327626440E7F61AEB5999B1F0_label_en-US" xlink:label="lab_ocn_DeferredTaxAssetsMortgageServicingRightsAmortization_886BDB8327626440E7F61AEB5999B1F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets Mortgage Servicing Rights Amortization</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetsMortgageServicingRightsAmortization_886BDB8327626440E7F61AEB5999B1F0_documentation_en-US" xlink:label="lab_ocn_DeferredTaxAssetsMortgageServicingRightsAmortization_886BDB8327626440E7F61AEB5999B1F0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from amortization of mortgage servicing rights.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeferredTaxAssetsMortgageServicingRightsAmortization" xlink:label="loc_ocn_DeferredTaxAssetsMortgageServicingRightsAmortization_886BDB8327626440E7F61AEB5999B1F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeferredTaxAssetsMortgageServicingRightsAmortization_886BDB8327626440E7F61AEB5999B1F0" xlink:to="lab_ocn_DeferredTaxAssetsMortgageServicingRightsAmortization_886BDB8327626440E7F61AEB5999B1F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements_C2DEDBAA0D0ADF0A2E391AEB5999D626_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements_C2DEDBAA0D0ADF0A2E391AEB5999D626" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued legal settlements</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements_C2DEDBAA0D0ADF0A2E391AEB5999D626_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements_C2DEDBAA0D0ADF0A2E391AEB5999D626" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Legal Settlements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements_C2DEDBAA0D0ADF0A2E391AEB5999D626" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements_C2DEDBAA0D0ADF0A2E391AEB5999D626" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements_C2DEDBAA0D0ADF0A2E391AEB5999D626" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsGoodwillAndIntangibleAssets_2B5F017447E22BF41D071AEB59999B0D_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGoodwillAndIntangibleAssets_2B5F017447E22BF41D071AEB59999B0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible asset amortization</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsGoodwillAndIntangibleAssets_2B5F017447E22BF41D071AEB59999B0D_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGoodwillAndIntangibleAssets_2B5F017447E22BF41D071AEB59999B0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Goodwill and Intangible Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsGoodwillAndIntangibleAssets" xlink:label="loc_us-gaap_DeferredTaxAssetsGoodwillAndIntangibleAssets_2B5F017447E22BF41D071AEB59999B0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsGoodwillAndIntangibleAssets_2B5F017447E22BF41D071AEB59999B0D" xlink:to="lab_us-gaap_DeferredTaxAssetsGoodwillAndIntangibleAssets_2B5F017447E22BF41D071AEB59999B0D" xlink:type="arc" />
    <link:label id="lab_ocn_DeferredTaxAssetPartnershipLosses_3EBC3A5ECC7FD27335D31AEB599958B2_terseLabel_en-US" xlink:label="lab_ocn_DeferredTaxAssetPartnershipLosses_3EBC3A5ECC7FD27335D31AEB599958B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partnership losses</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetPartnershipLosses_3EBC3A5ECC7FD27335D31AEB599958B2_label_en-US" xlink:label="lab_ocn_DeferredTaxAssetPartnershipLosses_3EBC3A5ECC7FD27335D31AEB599958B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partnership losses</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetPartnershipLosses_3EBC3A5ECC7FD27335D31AEB599958B2_documentation_en-US" xlink:label="lab_ocn_DeferredTaxAssetPartnershipLosses_3EBC3A5ECC7FD27335D31AEB599958B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred tax asset recognized for the temporary differences associated with parternship losses.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeferredTaxAssetPartnershipLosses" xlink:label="loc_ocn_DeferredTaxAssetPartnershipLosses_3EBC3A5ECC7FD27335D31AEB599958B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeferredTaxAssetPartnershipLosses_3EBC3A5ECC7FD27335D31AEB599958B2" xlink:to="lab_ocn_DeferredTaxAssetPartnershipLosses_3EBC3A5ECC7FD27335D31AEB599958B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses_0093BF3551D2CDFAB6241AEB59990E7D_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses_0093BF3551D2CDFAB6241AEB59990E7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued incentive compensation</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses_0093BF3551D2CDFAB6241AEB59990E7D_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses_0093BF3551D2CDFAB6241AEB59990E7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Bonuses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses_0093BF3551D2CDFAB6241AEB59990E7D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses_0093BF3551D2CDFAB6241AEB59990E7D" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses_0093BF3551D2CDFAB6241AEB59990E7D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts_B210B1B73DFDF02B25901AEB59997A98_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts_B210B1B73DFDF02B25901AEB59997A98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bad debt and allowance for loan losses</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts_B210B1B73DFDF02B25901AEB59997A98_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts_B210B1B73DFDF02B25901AEB59997A98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Allowance for Doubtful Accounts</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts_B210B1B73DFDF02B25901AEB59997A98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts_B210B1B73DFDF02B25901AEB59997A98" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts_B210B1B73DFDF02B25901AEB59997A98" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_3059776CF935B057B0311AEB59997673_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_3059776CF935B057B0311AEB59997673" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued other liabilities</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_3059776CF935B057B0311AEB59997673_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_3059776CF935B057B0311AEB59997673" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_3059776CF935B057B0311AEB59997673" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_3059776CF935B057B0311AEB59997673" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_3059776CF935B057B0311AEB59997673" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_864D30CD4A1EBEAA33401AEB59998D4E_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_864D30CD4A1EBEAA33401AEB59998D4E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation expense</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_864D30CD4A1EBEAA33401AEB59998D4E_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_864D30CD4A1EBEAA33401AEB59998D4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_864D30CD4A1EBEAA33401AEB59998D4E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_864D30CD4A1EBEAA33401AEB59998D4E" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_864D30CD4A1EBEAA33401AEB59998D4E" xlink:type="arc" />
    <link:label id="lab_ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals_D956DB3310BF947A3F001AEB5999A7FC_terseLabel_en-US" xlink:label="lab_ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals_D956DB3310BF947A3F001AEB5999A7FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax residuals and deferred income on tax residuals</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals_D956DB3310BF947A3F001AEB5999A7FC_label_en-US" xlink:label="lab_ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals_D956DB3310BF947A3F001AEB5999A7FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax residuals and deferred income on tax residuals</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals_D956DB3310BF947A3F001AEB5999A7FC_documentation_en-US" xlink:label="lab_ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals_D956DB3310BF947A3F001AEB5999A7FC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Asset recognized for temporary differences associated with Tax Residuals And Deferred Income On Tax Residuals</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals" xlink:label="loc_ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals_D956DB3310BF947A3F001AEB5999A7FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals_D956DB3310BF947A3F001AEB5999A7FC" xlink:to="lab_ocn_DeferredTaxAssetTaxResidualsAndDeferredIncomeOnTaxResiduals_D956DB3310BF947A3F001AEB5999A7FC" xlink:type="arc" />
    <link:label id="lab_ocn_DeferredTaxAssetForeignDeferredAssets_F75AB9D86CFC404CF81B1AEB599A2702_terseLabel_en-US" xlink:label="lab_ocn_DeferredTaxAssetForeignDeferredAssets_F75AB9D86CFC404CF81B1AEB599A2702" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign deferred assets</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetForeignDeferredAssets_F75AB9D86CFC404CF81B1AEB599A2702_label_en-US" xlink:label="lab_ocn_DeferredTaxAssetForeignDeferredAssets_F75AB9D86CFC404CF81B1AEB599A2702" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign deferred assets</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetForeignDeferredAssets_F75AB9D86CFC404CF81B1AEB599A2702_documentation_en-US" xlink:label="lab_ocn_DeferredTaxAssetForeignDeferredAssets_F75AB9D86CFC404CF81B1AEB599A2702" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred tax asset recognized for temporary differences associated with foreign tax items.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeferredTaxAssetForeignDeferredAssets" xlink:label="loc_ocn_DeferredTaxAssetForeignDeferredAssets_F75AB9D86CFC404CF81B1AEB599A2702" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeferredTaxAssetForeignDeferredAssets_F75AB9D86CFC404CF81B1AEB599A2702" xlink:to="lab_ocn_DeferredTaxAssetForeignDeferredAssets_F75AB9D86CFC404CF81B1AEB599A2702" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves_4CF8494320552FDD967F1AEB599ACDA5_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves_4CF8494320552FDD967F1AEB599ACDA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserve for servicing exposure</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves_4CF8494320552FDD967F1AEB599ACDA5_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves_4CF8494320552FDD967F1AEB599ACDA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Reserves</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves_4CF8494320552FDD967F1AEB599ACDA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves_4CF8494320552FDD967F1AEB599ACDA5" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves_4CF8494320552FDD967F1AEB599ACDA5" xlink:type="arc" />
    <link:label id="lab_ocn_DeferredTaxAssetsDelinquentServicingFees_98E80791A62D2C2C57F81AEB599A1C56_terseLabel_en-US" xlink:label="lab_ocn_DeferredTaxAssetsDelinquentServicingFees_98E80791A62D2C2C57F81AEB599A1C56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Delinquent servicing fees</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetsDelinquentServicingFees_98E80791A62D2C2C57F81AEB599A1C56_label_en-US" xlink:label="lab_ocn_DeferredTaxAssetsDelinquentServicingFees_98E80791A62D2C2C57F81AEB599A1C56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Delinquent Servicing Fees</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetsDelinquentServicingFees_98E80791A62D2C2C57F81AEB599A1C56_documentation_en-US" xlink:label="lab_ocn_DeferredTaxAssetsDelinquentServicingFees_98E80791A62D2C2C57F81AEB599A1C56" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Delinquent Servicing Fees</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeferredTaxAssetsDelinquentServicingFees" xlink:label="loc_ocn_DeferredTaxAssetsDelinquentServicingFees_98E80791A62D2C2C57F81AEB599A1C56" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeferredTaxAssetsDelinquentServicingFees_98E80791A62D2C2C57F81AEB599A1C56" xlink:to="lab_ocn_DeferredTaxAssetsDelinquentServicingFees_98E80791A62D2C2C57F81AEB599A1C56" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_65EEE74614E740EBBC641AEB599A73EA_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_65EEE74614E740EBBC641AEB599A73EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital losses</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_65EEE74614E740EBBC641AEB599A73EA_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_65EEE74614E740EBBC641AEB599A73EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Capital Loss Carryforwards</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="loc_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_65EEE74614E740EBBC641AEB599A73EA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_65EEE74614E740EBBC641AEB599A73EA" xlink:to="lab_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_65EEE74614E740EBBC641AEB599A73EA" xlink:type="arc" />
    <link:label id="lab_ocn_DeferredTaxAssetAccruedLeaseTerminationCosts_F338FF308F67057D1C5C1AEB599ABAA0_terseLabel_en-US" xlink:label="lab_ocn_DeferredTaxAssetAccruedLeaseTerminationCosts_F338FF308F67057D1C5C1AEB599ABAA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued lease termination costs</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetAccruedLeaseTerminationCosts_F338FF308F67057D1C5C1AEB599ABAA0_label_en-US" xlink:label="lab_ocn_DeferredTaxAssetAccruedLeaseTerminationCosts_F338FF308F67057D1C5C1AEB599ABAA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued lease termination costs</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetAccruedLeaseTerminationCosts_F338FF308F67057D1C5C1AEB599ABAA0_documentation_en-US" xlink:label="lab_ocn_DeferredTaxAssetAccruedLeaseTerminationCosts_F338FF308F67057D1C5C1AEB599ABAA0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Asset recognized for temporary differences associated with Accrued Lease Termination Costs.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeferredTaxAssetAccruedLeaseTerminationCosts" xlink:label="loc_ocn_DeferredTaxAssetAccruedLeaseTerminationCosts_F338FF308F67057D1C5C1AEB599ABAA0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeferredTaxAssetAccruedLeaseTerminationCosts_F338FF308F67057D1C5C1AEB599ABAA0" xlink:to="lab_ocn_DeferredTaxAssetAccruedLeaseTerminationCosts_F338FF308F67057D1C5C1AEB599ABAA0" xlink:type="arc" />
    <link:label id="lab_ocn_DeferredTaxAssetValuationAllowanceOnRealEstate_AA34F520357BA6F6D62D1AEB599A32AE_terseLabel_en-US" xlink:label="lab_ocn_DeferredTaxAssetValuationAllowanceOnRealEstate_AA34F520357BA6F6D62D1AEB599A32AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation allowance on real estate</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetValuationAllowanceOnRealEstate_AA34F520357BA6F6D62D1AEB599A32AE_label_en-US" xlink:label="lab_ocn_DeferredTaxAssetValuationAllowanceOnRealEstate_AA34F520357BA6F6D62D1AEB599A32AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation allowance on real estate</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetValuationAllowanceOnRealEstate_AA34F520357BA6F6D62D1AEB599A32AE_documentation_en-US" xlink:label="lab_ocn_DeferredTaxAssetValuationAllowanceOnRealEstate_AA34F520357BA6F6D62D1AEB599A32AE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Asset recognized for change in Valuation Allowance On Real Estate.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeferredTaxAssetValuationAllowanceOnRealEstate" xlink:label="loc_ocn_DeferredTaxAssetValuationAllowanceOnRealEstate_AA34F520357BA6F6D62D1AEB599A32AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeferredTaxAssetValuationAllowanceOnRealEstate_AA34F520357BA6F6D62D1AEB599A32AE" xlink:to="lab_ocn_DeferredTaxAssetValuationAllowanceOnRealEstate_AA34F520357BA6F6D62D1AEB599A32AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsDerivativeInstruments_B675FD9D9166482461C01AEB599AE30C_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsDerivativeInstruments_B675FD9D9166482461C01AEB599AE30C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate swaps</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsDerivativeInstruments_B675FD9D9166482461C01AEB599AE30C_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsDerivativeInstruments_B675FD9D9166482461C01AEB599AE30C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Derivative Instruments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsDerivativeInstruments" xlink:label="loc_us-gaap_DeferredTaxAssetsDerivativeInstruments_B675FD9D9166482461C01AEB599AE30C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsDerivativeInstruments_B675FD9D9166482461C01AEB599AE30C" xlink:to="lab_us-gaap_DeferredTaxAssetsDerivativeInstruments_B675FD9D9166482461C01AEB599AE30C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOther_0CF636D03DA67CBB6A2C1AEB599A81BD_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOther_0CF636D03DA67CBB6A2C1AEB599A81BD" 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_DeferredTaxAssetsOther_0CF636D03DA67CBB6A2C1AEB599A81BD_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOther_0CF636D03DA67CBB6A2C1AEB599A81BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="loc_us-gaap_DeferredTaxAssetsOther_0CF636D03DA67CBB6A2C1AEB599A81BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOther_0CF636D03DA67CBB6A2C1AEB599A81BD" xlink:to="lab_us-gaap_DeferredTaxAssetsOther_0CF636D03DA67CBB6A2C1AEB599A81BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsGross_A7E50701C215BA4E75711AEB599AFB94_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGross_A7E50701C215BA4E75711AEB599AFB94" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets, gross</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsGross_A7E50701C215BA4E75711AEB599AFB94_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGross_A7E50701C215BA4E75711AEB599AFB94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="loc_us-gaap_DeferredTaxAssetsGross_A7E50701C215BA4E75711AEB599AFB94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_A7E50701C215BA4E75711AEB599AFB94" xlink:to="lab_us-gaap_DeferredTaxAssetsGross_A7E50701C215BA4E75711AEB599AFB94" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesAbstract_1A01209A921FA0EDADFB1AEB599A6C8C_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesAbstract_1A01209A921FA0EDADFB1AEB599A6C8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities:</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesAbstract_1A01209A921FA0EDADFB1AEB599A6C8C_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesAbstract_1A01209A921FA0EDADFB1AEB599A6C8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Gross [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesAbstract_1A01209A921FA0EDADFB1AEB599A6C8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesAbstract_1A01209A921FA0EDADFB1AEB599A6C8C" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesAbstract_1A01209A921FA0EDADFB1AEB599A6C8C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_48334DF7F752127B7F3B1AEB599AECA3_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_48334DF7F752127B7F3B1AEB599AECA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign undistributed earnings</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_48334DF7F752127B7F3B1AEB599AECA3_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_48334DF7F752127B7F3B1AEB599AECA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Undistributed Foreign Earnings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_48334DF7F752127B7F3B1AEB599AECA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_48334DF7F752127B7F3B1AEB599AECA3" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_48334DF7F752127B7F3B1AEB599AECA3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesMortgageServicingRights_B1A485169F0863C1ADD11AEB599A3B75_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesMortgageServicingRights_B1A485169F0863C1ADD11AEB599A3B75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights amortization</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesMortgageServicingRights_B1A485169F0863C1ADD11AEB599A3B75_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesMortgageServicingRights_B1A485169F0863C1ADD11AEB599A3B75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Mortgage Servicing Rights</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxLiabilitiesMortgageServicingRights" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesMortgageServicingRights_B1A485169F0863C1ADD11AEB599A3B75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesMortgageServicingRights_B1A485169F0863C1ADD11AEB599A3B75" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesMortgageServicingRights_B1A485169F0863C1ADD11AEB599A3B75" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesOther_CDB6147206EDFAC4E0B91AEB599AFBF2_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesOther_CDB6147206EDFAC4E0B91AEB599AFBF2" 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_DeferredTaxLiabilitiesOther_CDB6147206EDFAC4E0B91AEB599AFBF2_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesOther_CDB6147206EDFAC4E0B91AEB599AFBF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesOther_CDB6147206EDFAC4E0B91AEB599AFBF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesOther_CDB6147206EDFAC4E0B91AEB599AFBF2" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesOther_CDB6147206EDFAC4E0B91AEB599AFBF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilities_705AD5F9C9AFB9C664731AEB599BE7EC_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilities_705AD5F9C9AFB9C664731AEB599BE7EC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities, gross</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilities_705AD5F9C9AFB9C664731AEB599BE7EC_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilities_705AD5F9C9AFB9C664731AEB599BE7EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="loc_us-gaap_DeferredIncomeTaxLiabilities_705AD5F9C9AFB9C664731AEB599BE7EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_705AD5F9C9AFB9C664731AEB599BE7EC" xlink:to="lab_us-gaap_DeferredIncomeTaxLiabilities_705AD5F9C9AFB9C664731AEB599BE7EC" xlink:type="arc" />
    <link:label id="lab_ocn_DeferredTaxAssetsLiabilitiesGross_F9FF9BFFB0B1289A41441AEB599B2437_totalLabel_en-US" xlink:label="lab_ocn_DeferredTaxAssetsLiabilitiesGross_F9FF9BFFB0B1289A41441AEB599B2437" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets (liability), gross</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetsLiabilitiesGross_F9FF9BFFB0B1289A41441AEB599B2437_label_en-US" xlink:label="lab_ocn_DeferredTaxAssetsLiabilitiesGross_F9FF9BFFB0B1289A41441AEB599B2437" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets (Liabilities), Gross</link:label>
    <link:label id="lab_ocn_DeferredTaxAssetsLiabilitiesGross_F9FF9BFFB0B1289A41441AEB599B2437_documentation_en-US" xlink:label="lab_ocn_DeferredTaxAssetsLiabilitiesGross_F9FF9BFFB0B1289A41441AEB599B2437" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets (Liabilities), Gross</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeferredTaxAssetsLiabilitiesGross" xlink:label="loc_ocn_DeferredTaxAssetsLiabilitiesGross_F9FF9BFFB0B1289A41441AEB599B2437" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeferredTaxAssetsLiabilitiesGross_F9FF9BFFB0B1289A41441AEB599B2437" xlink:to="lab_ocn_DeferredTaxAssetsLiabilitiesGross_F9FF9BFFB0B1289A41441AEB599B2437" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_8FACB9C4C5E71E52D70F1AEB599B80A0_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_8FACB9C4C5E71E52D70F1AEB599B80A0" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Valuation allowance</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_8FACB9C4C5E71E52D70F1AEB599B80A0_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_8FACB9C4C5E71E52D70F1AEB599B80A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_8FACB9C4C5E71E52D70F1AEB599B80A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsValuationAllowance_8FACB9C4C5E71E52D70F1AEB599B80A0" xlink:to="lab_us-gaap_DeferredTaxAssetsValuationAllowance_8FACB9C4C5E71E52D70F1AEB599B80A0" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilities_22723CC8D27BF671B8021AEE823A83EB_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_22723CC8D27BF671B8021AEE823A83EB" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets (liabilities), net</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilities_22723CC8D27BF671B8021AEE823A83EB_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_22723CC8D27BF671B8021AEE823A83EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_22723CC8D27BF671B8021AEE823A83EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilities_22723CC8D27BF671B8021AEE823A83EB" xlink:to="lab_us-gaap_DeferredTaxLiabilities_22723CC8D27BF671B8021AEE823A83EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_56219CFB00CD9119CC221AEB599B9224_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_56219CFB00CD9119CC221AEB599B9224" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets (liabilities), net</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_56219CFB00CD9119CC221AEB599B9224_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_56219CFB00CD9119CC221AEB599B9224" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="loc_us-gaap_DeferredTaxAssetsLiabilitiesNet_56219CFB00CD9119CC221AEB599B9224" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsLiabilitiesNet_56219CFB00CD9119CC221AEB599B9224" xlink:to="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_56219CFB00CD9119CC221AEB599B9224" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_50D46F7220523B8840A0B1D5BD67336F_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_50D46F7220523B8840A0B1D5BD67336F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_50D46F7220523B8840A0B1D5BD67336F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_50D46F7220523B8840A0B1D5BD67336F" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_50D46F7220523B8840A0B1D5BD67336F" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_9ED1CB0DE0E61246B7D2B1D5BD67BAD7_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_9ED1CB0DE0E61246B7D2B1D5BD67BAD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Changes in Liability for Representation and Warrant Obligations, Compensatory Fees for Foreclosures that may Ultimately Exceed Investor Timelines and Related Indemnification Obligations</link:label>
    <link:label id="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_9ED1CB0DE0E61246B7D2B1D5BD67BAD7_label_en-US" xlink:label="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_9ED1CB0DE0E61246B7D2B1D5BD67BAD7" 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_9ED1CB0DE0E61246B7D2B1D5BD67BAD7_documentation_en-US" xlink:label="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_9ED1CB0DE0E61246B7D2B1D5BD67BAD7" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleOfIndemnificationObligationsTableTextBlock" xlink:label="loc_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_9ED1CB0DE0E61246B7D2B1D5BD67BAD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_9ED1CB0DE0E61246B7D2B1D5BD67BAD7" xlink:to="lab_ocn_ScheduleOfIndemnificationObligationsTableTextBlock_9ED1CB0DE0E61246B7D2B1D5BD67BAD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTable_331DF9D7261B600C3585E91AEBADE122_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_331DF9D7261B600C3585E91AEBADE122" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTable_331DF9D7261B600C3585E91AEBADE122_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_331DF9D7261B600C3585E91AEBADE122" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SubsequentEventTable" xlink:label="loc_us-gaap_SubsequentEventTable_331DF9D7261B600C3585E91AEBADE122" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTable_331DF9D7261B600C3585E91AEBADE122" xlink:to="lab_us-gaap_SubsequentEventTable_331DF9D7261B600C3585E91AEBADE122" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateAxis_3D4357CF77B3233B39C1E93070367749_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateAxis_3D4357CF77B3233B39C1E93070367749" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableRateAxis_3D4357CF77B3233B39C1E93070367749_label_en-US" xlink:label="lab_us-gaap_VariableRateAxis_3D4357CF77B3233B39C1E93070367749" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_3D4357CF77B3233B39C1E93070367749" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateAxis_3D4357CF77B3233B39C1E93070367749" xlink:to="lab_us-gaap_VariableRateAxis_3D4357CF77B3233B39C1E93070367749" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateDomain_99C2A028E3AFAEA43F7EE93070375A5F_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateDomain_99C2A028E3AFAEA43F7EE93070375A5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:label id="lab_us-gaap_VariableRateDomain_99C2A028E3AFAEA43F7EE93070375A5F_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_99C2A028E3AFAEA43F7EE93070375A5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_99C2A028E3AFAEA43F7EE93070375A5F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateDomain_99C2A028E3AFAEA43F7EE93070375A5F" xlink:to="lab_us-gaap_VariableRateDomain_99C2A028E3AFAEA43F7EE93070375A5F" xlink:type="arc" />
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_D71451D59D1A0BCB6475E930E7855C0A_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_D71451D59D1A0BCB6475E930E7855C0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR [Member]</link:label>
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_D71451D59D1A0BCB6475E930E7855C0A_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_D71451D59D1A0BCB6475E930E7855C0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_D71451D59D1A0BCB6475E930E7855C0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_D71451D59D1A0BCB6475E930E7855C0A" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_D71451D59D1A0BCB6475E930E7855C0A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShortTermDebtTypeAxis_9FA41D284E58CB04F92AE9366E7114C3_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeAxis_9FA41D284E58CB04F92AE9366E7114C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtTypeAxis_9FA41D284E58CB04F92AE9366E7114C3_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeAxis_9FA41D284E58CB04F92AE9366E7114C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShortTermDebtTypeAxis" xlink:label="loc_us-gaap_ShortTermDebtTypeAxis_9FA41D284E58CB04F92AE9366E7114C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtTypeAxis_9FA41D284E58CB04F92AE9366E7114C3" xlink:to="lab_us-gaap_ShortTermDebtTypeAxis_9FA41D284E58CB04F92AE9366E7114C3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShortTermDebtTypeDomain_27D225DE804D7507E0C2E936AE1281C3_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeDomain_27D225DE804D7507E0C2E936AE1281C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtTypeDomain_27D225DE804D7507E0C2E936AE1281C3_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeDomain_27D225DE804D7507E0C2E936AE1281C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShortTermDebtTypeDomain" xlink:label="loc_us-gaap_ShortTermDebtTypeDomain_27D225DE804D7507E0C2E936AE1281C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtTypeDomain_27D225DE804D7507E0C2E936AE1281C3" xlink:to="lab_us-gaap_ShortTermDebtTypeDomain_27D225DE804D7507E0C2E936AE1281C3" xlink:type="arc" />
    <link:label id="lab_us-gaap_WarehouseAgreementBorrowingsMember_F431D2B45308617F32E2E93704178B51_terseLabel_en-US" xlink:label="lab_us-gaap_WarehouseAgreementBorrowingsMember_F431D2B45308617F32E2E93704178B51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Warehouse Facility Borrowings [Member]</link:label>
    <link:label id="lab_us-gaap_WarehouseAgreementBorrowingsMember_F431D2B45308617F32E2E93704178B51_label_en-US" xlink:label="lab_us-gaap_WarehouseAgreementBorrowingsMember_F431D2B45308617F32E2E93704178B51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Warehouse Agreement Borrowings [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_WarehouseAgreementBorrowingsMember" xlink:label="loc_us-gaap_WarehouseAgreementBorrowingsMember_F431D2B45308617F32E2E93704178B51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WarehouseAgreementBorrowingsMember_F431D2B45308617F32E2E93704178B51" xlink:to="lab_us-gaap_WarehouseAgreementBorrowingsMember_F431D2B45308617F32E2E93704178B51" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventLineItems_5E808FBCA684B6B42031E91AEBAE24BF_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_5E808FBCA684B6B42031E91AEBAE24BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventLineItems_5E808FBCA684B6B42031E91AEBAE24BF_label_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_5E808FBCA684B6B42031E91AEBAE24BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SubsequentEventLineItems" xlink:label="loc_us-gaap_SubsequentEventLineItems_5E808FBCA684B6B42031E91AEBAE24BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventLineItems_5E808FBCA684B6B42031E91AEBAE24BF" xlink:to="lab_us-gaap_SubsequentEventLineItems_5E808FBCA684B6B42031E91AEBAE24BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_8F0D3E104FE384C6CE67E91AEBAE3E21_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_8F0D3E104FE384C6CE67E91AEBAE3E21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchase of common stock (in shares)</link:label>
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_8F0D3E104FE384C6CE67E91AEBAE3E21_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_8F0D3E104FE384C6CE67E91AEBAE3E21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchased During Period, Shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodShares_8F0D3E104FE384C6CE67E91AEBAE3E21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodShares_8F0D3E104FE384C6CE67E91AEBAE3E21" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodShares_8F0D3E104FE384C6CE67E91AEBAE3E21" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_4EABE8C67696F4E5E76FE91AEBAE49DB_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_4EABE8C67696F4E5E76FE91AEBAE49DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share repurchase program, authorized amount of repurchase</link:label>
    <link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_4EABE8C67696F4E5E76FE91AEBAE49DB_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_4EABE8C67696F4E5E76FE91AEBAE49DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Authorized Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:label="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount1_4EABE8C67696F4E5E76FE91AEBAE49DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount1_4EABE8C67696F4E5E76FE91AEBAE49DB" xlink:to="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_4EABE8C67696F4E5E76FE91AEBAE49DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_BFEB01BB004AE25D5C21E91AEBAE9141_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_BFEB01BB004AE25D5C21E91AEBAE9141" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchase of common stock, value (in dollars)</link:label>
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_BFEB01BB004AE25D5C21E91AEBAE9141_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_BFEB01BB004AE25D5C21E91AEBAE9141" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchased During Period, Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodValue_BFEB01BB004AE25D5C21E91AEBAE9141" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodValue_BFEB01BB004AE25D5C21E91AEBAE9141" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodValue_BFEB01BB004AE25D5C21E91AEBAE9141" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_8BCB655A56338B501FFAE92BB26DD2CF_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_8BCB655A56338B501FFAE92BB26DD2CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage loan warehouse facility</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_8BCB655A56338B501FFAE92BB26DD2CF_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_8BCB655A56338B501FFAE92BB26DD2CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Current Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_8BCB655A56338B501FFAE92BB26DD2CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_8BCB655A56338B501FFAE92BB26DD2CF" xlink:to="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_8BCB655A56338B501FFAE92BB26DD2CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_35A4E9EC6058D7F65244E92C43A73199_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_35A4E9EC6058D7F65244E92C43A73199" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_35A4E9EC6058D7F65244E92C43A73199" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_35A4E9EC6058D7F65244E92C43A73199" xlink:to="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_35A4E9EC6058D7F65244E92C43A73199" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDate_99FD8CF080F23E1F288CE92E03C5C3AD_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDate_99FD8CF080F23E1F288CE92E03C5C3AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDate_99FD8CF080F23E1F288CE92E03C5C3AD_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDate_99FD8CF080F23E1F288CE92E03C5C3AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Maturity Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="loc_us-gaap_DebtInstrumentMaturityDate_99FD8CF080F23E1F288CE92E03C5C3AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentMaturityDate_99FD8CF080F23E1F288CE92E03C5C3AD" xlink:to="lab_us-gaap_DebtInstrumentMaturityDate_99FD8CF080F23E1F288CE92E03C5C3AD" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_C24176A27D73D793C3A413078DECC514_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_C24176A27D73D793C3A413078DECC514" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_C24176A27D73D793C3A413078DECC514" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_C24176A27D73D793C3A413078DECC514" xlink:to="lab_us-gaap_StatementOfStockholdersEquityAbstract_C24176A27D73D793C3A413078DECC514" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementTable_DE3234CF0096E6A2B8FF13078DECDB82_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_DE3234CF0096E6A2B8FF13078DECDB82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_us-gaap_StatementTable_DE3234CF0096E6A2B8FF13078DECDB82_label_en-US" xlink:label="lab_us-gaap_StatementTable_DE3234CF0096E6A2B8FF13078DECDB82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_DE3234CF0096E6A2B8FF13078DECDB82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementTable_DE3234CF0096E6A2B8FF13078DECDB82" xlink:to="lab_us-gaap_StatementTable_DE3234CF0096E6A2B8FF13078DECDB82" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockMember_764C726A9487933A6F6713078DEC8F9A_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_764C726A9487933A6F6713078DEC8F9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:label id="lab_us-gaap_CommonStockMember_764C726A9487933A6F6713078DEC8F9A_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_764C726A9487933A6F6713078DEC8F9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_764C726A9487933A6F6713078DEC8F9A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_764C726A9487933A6F6713078DEC8F9A" xlink:to="lab_us-gaap_CommonStockMember_764C726A9487933A6F6713078DEC8F9A" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_6D2560F89329C04569B113078DECACB8_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_6D2560F89329C04569B113078DECACB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital [Member]</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_6D2560F89329C04569B113078DECACB8_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_6D2560F89329C04569B113078DECACB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_6D2560F89329C04569B113078DECACB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalMember_6D2560F89329C04569B113078DECACB8" xlink:to="lab_us-gaap_AdditionalPaidInCapitalMember_6D2560F89329C04569B113078DECACB8" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsMember_8BCA337CA29A63DFDC4613078DECE3E9_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_8BCA337CA29A63DFDC4613078DECE3E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsMember_8BCA337CA29A63DFDC4613078DECE3E9_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_8BCA337CA29A63DFDC4613078DECE3E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_8BCA337CA29A63DFDC4613078DECE3E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember_8BCA337CA29A63DFDC4613078DECE3E9" xlink:to="lab_us-gaap_RetainedEarningsMember_8BCA337CA29A63DFDC4613078DECE3E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_3C24419C527329F5E16813078DECFA73_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_3C24419C527329F5E16813078DECFA73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Taxes [Member]</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_3C24419C527329F5E16813078DECFA73_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_3C24419C527329F5E16813078DECFA73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_3C24419C527329F5E16813078DECFA73" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_3C24419C527329F5E16813078DECFA73" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_3C24419C527329F5E16813078DECFA73" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_4804670FFF37378B3BA113078DEC6BE4_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_4804670FFF37378B3BA113078DEC6BE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest in Subsidiaries [Member]</link:label>
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_4804670FFF37378B3BA113078DEC6BE4_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_4804670FFF37378B3BA113078DEC6BE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_4804670FFF37378B3BA113078DEC6BE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestMember_4804670FFF37378B3BA113078DEC6BE4" xlink:to="lab_us-gaap_NoncontrollingInterestMember_4804670FFF37378B3BA113078DEC6BE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementLineItems_631BCCBFEF205F69ACDD13078DECD4BB_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_631BCCBFEF205F69ACDD13078DECD4BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_us-gaap_StatementLineItems_631BCCBFEF205F69ACDD13078DECD4BB_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_631BCCBFEF205F69ACDD13078DECD4BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_631BCCBFEF205F69ACDD13078DECD4BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementLineItems_631BCCBFEF205F69ACDD13078DECD4BB" xlink:to="lab_us-gaap_StatementLineItems_631BCCBFEF205F69ACDD13078DECD4BB" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_B701B03474483E15495B13078DEC23A0_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_B701B03474483E15495B13078DEC23A0" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_B701B03474483E15495B13078DEC23A0_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_B701B03474483E15495B13078DEC23A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_B701B03474483E15495B13078DEC23A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_B701B03474483E15495B13078DEC23A0" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_B701B03474483E15495B13078DEC23A0" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_A620406C80F13D5D92F913078DEDEDFA_periodStartLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_A620406C80F13D5D92F913078DEDEDFA" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_A620406C80F13D5D92F913078DEDEDFA_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_A620406C80F13D5D92F913078DEDEDFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_A620406C80F13D5D92F913078DEDEDFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_A620406C80F13D5D92F913078DEDEDFA" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_A620406C80F13D5D92F913078DEDEDFA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_1A0F2782DEC41527235613078DEDA00D_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_1A0F2782DEC41527235613078DEDA00D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_1A0F2782DEC41527235613078DEDA00D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_1A0F2782DEC41527235613078DEDA00D" xlink:to="lab_us-gaap_ProfitLoss_1A0F2782DEC41527235613078DEDA00D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CumulativeEffectOnRetainedEarningsNetOfTax1_E0FEB2A0317B3BD572DE13078DEDAB9B_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectOnRetainedEarningsNetOfTax1_E0FEB2A0317B3BD572DE13078DEDAB9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative effect of fair value election - Mortgage servicing rights, net of taxes</link:label>
    <link:label id="lab_us-gaap_CumulativeEffectOnRetainedEarningsNetOfTax1_E0FEB2A0317B3BD572DE13078DEDAB9B_label_en-US" xlink:label="lab_us-gaap_CumulativeEffectOnRetainedEarningsNetOfTax1_E0FEB2A0317B3BD572DE13078DEDAB9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Effect on Retained Earnings, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CumulativeEffectOnRetainedEarningsNetOfTax1" xlink:label="loc_us-gaap_CumulativeEffectOnRetainedEarningsNetOfTax1_E0FEB2A0317B3BD572DE13078DEDAB9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CumulativeEffectOnRetainedEarningsNetOfTax1_E0FEB2A0317B3BD572DE13078DEDAB9B" xlink:to="lab_us-gaap_CumulativeEffectOnRetainedEarningsNetOfTax1_E0FEB2A0317B3BD572DE13078DEDAB9B" xlink:type="arc" />
    <link:label id="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_5625F59CBE5D763DAD3713078DEDA559_negatedLabel_en-US" xlink:label="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_5625F59CBE5D763DAD3713078DEDA559" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Deemed dividend related to beneficial conversion feature of preferred stock</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact" xlink:label="loc_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_5625F59CBE5D763DAD3713078DEDA559" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_5625F59CBE5D763DAD3713078DEDA559" xlink:to="lab_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact_5625F59CBE5D763DAD3713078DEDA559" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_5A147240F9BCC80CCEA213078DED3D0B_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_5A147240F9BCC80CCEA213078DED3D0B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion of preferred stock</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_5A147240F9BCC80CCEA213078DED3D0B_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_5A147240F9BCC80CCEA213078DED3D0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Conversion of Convertible Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_5A147240F9BCC80CCEA213078DED3D0B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_5A147240F9BCC80CCEA213078DED3D0B" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_5A147240F9BCC80CCEA213078DED3D0B" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_FE265AB5DFF86A8CD5FE13078DED6309_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_FE265AB5DFF86A8CD5FE13078DED6309" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion of preferred stock (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_FE265AB5DFF86A8CD5FE13078DED6309_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_FE265AB5DFF86A8CD5FE13078DED6309" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Conversion of Convertible Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_FE265AB5DFF86A8CD5FE13078DED6309" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_FE265AB5DFF86A8CD5FE13078DED6309" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_FE265AB5DFF86A8CD5FE13078DED6309" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_67E645A4673E442B5C6313078DEDC7FB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_67E645A4673E442B5C6313078DEDC7FB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Repurchase of common stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodValue_67E645A4673E442B5C6313078DEDC7FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodValue_67E645A4673E442B5C6313078DEDC7FB" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodValue_67E645A4673E442B5C6313078DEDC7FB" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_891192C5D4CA5220489213078DED0809_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_891192C5D4CA5220489213078DED0809" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Repurchase of common stock (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodShares_891192C5D4CA5220489213078DED0809" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodShares_891192C5D4CA5220489213078DED0809" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodShares_891192C5D4CA5220489213078DED0809" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C86EDADD75A5D2DB5D3A13078DED079B_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C86EDADD75A5D2DB5D3A13078DED079B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise of common stock options</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C86EDADD75A5D2DB5D3A13078DED079B_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C86EDADD75A5D2DB5D3A13078DED079B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Stock Options Exercised</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C86EDADD75A5D2DB5D3A13078DED079B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C86EDADD75A5D2DB5D3A13078DED079B" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C86EDADD75A5D2DB5D3A13078DED079B" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_351C93631555103C40AC13078DED1D39_verboseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_351C93631555103C40AC13078DED1D39" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Exercise of common stock options (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_351C93631555103C40AC13078DED1D39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_351C93631555103C40AC13078DED1D39" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_351C93631555103C40AC13078DED1D39" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_7B14E22D9F8543BD8F6713078DEDA173_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_7B14E22D9F8543BD8F6713078DEDA173" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity-based compensation and other</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_7B14E22D9F8543BD8F6713078DEDA173_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_7B14E22D9F8543BD8F6713078DEDA173" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_7B14E22D9F8543BD8F6713078DEDA173" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_7B14E22D9F8543BD8F6713078DEDA173" xlink:to="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_7B14E22D9F8543BD8F6713078DEDA173" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_30875C48C21087CA5A5713078DED3079_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_30875C48C21087CA5A5713078DED3079" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity-based compensation and other (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_30875C48C21087CA5A5713078DED3079_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_30875C48C21087CA5A5713078DED3079" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_30875C48C21087CA5A5713078DED3079" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_30875C48C21087CA5A5713078DED3079" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_30875C48C21087CA5A5713078DED3079" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination_37E92B20AD28EF07D37113078DED4983_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination_37E92B20AD28EF07D37113078DED4983" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest in connection with the acquisition of a controlling interest in Ocwen Structured Investments, LLC</link:label>
    <link:label id="lab_us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination_37E92B20AD28EF07D37113078DED4983_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination_37E92B20AD28EF07D37113078DED4983" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Increase from Business Combination</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination" xlink:label="loc_us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination_37E92B20AD28EF07D37113078DED4983" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination_37E92B20AD28EF07D37113078DED4983" xlink:to="lab_us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination_37E92B20AD28EF07D37113078DED4983" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_121E6F78254A142A5AD313078DEDE660_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_121E6F78254A142A5AD313078DEDE660" 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_us-gaap_OtherComprehensiveIncomeLossNetOfTax_121E6F78254A142A5AD313078DEDE660_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_121E6F78254A142A5AD313078DEDE660" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_121E6F78254A142A5AD313078DEDE660" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_121E6F78254A142A5AD313078DEDE660" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_121E6F78254A142A5AD313078DEDE660" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_D858F07906FDD46BFA4213078DED5D00_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_D858F07906FDD46BFA4213078DED5D00" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_D858F07906FDD46BFA4213078DED5D00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_D858F07906FDD46BFA4213078DED5D00" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_D858F07906FDD46BFA4213078DED5D00" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_C60FFE75F37DF0EBB69813078DEE758C_periodEndLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_C60FFE75F37DF0EBB69813078DEE758C" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_C60FFE75F37DF0EBB69813078DEE758C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_C60FFE75F37DF0EBB69813078DEE758C" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_C60FFE75F37DF0EBB69813078DEE758C" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationsAbstract_0A584B0A7BA3DD4D01D2D564B0D25064_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationsAbstract_0A584B0A7BA3DD4D01D2D564B0D25064" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combinations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationsAbstract" xlink:label="loc_us-gaap_BusinessCombinationsAbstract_0A584B0A7BA3DD4D01D2D564B0D25064" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationsAbstract_0A584B0A7BA3DD4D01D2D564B0D25064" xlink:to="lab_us-gaap_BusinessCombinationsAbstract_0A584B0A7BA3DD4D01D2D564B0D25064" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_042E5DB2E0F89AED004AD564B0D3DAD9_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_042E5DB2E0F89AED004AD564B0D3DAD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_042E5DB2E0F89AED004AD564B0D3DAD9_label_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_042E5DB2E0F89AED004AD564B0D3DAD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_042E5DB2E0F89AED004AD564B0D3DAD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_042E5DB2E0F89AED004AD564B0D3DAD9" xlink:to="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_042E5DB2E0F89AED004AD564B0D3DAD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionAxis_D6FE27C544355E1D8040D564B0D3940C_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_D6FE27C544355E1D8040D564B0D3940C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition [Axis]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionAxis_D6FE27C544355E1D8040D564B0D3940C_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_D6FE27C544355E1D8040D564B0D3940C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="loc_us-gaap_BusinessAcquisitionAxis_D6FE27C544355E1D8040D564B0D3940C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAxis_D6FE27C544355E1D8040D564B0D3940C" xlink:to="lab_us-gaap_BusinessAcquisitionAxis_D6FE27C544355E1D8040D564B0D3940C" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_DE4B95CEE7AD865D59C7D564B0D3F4D0_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_DE4B95CEE7AD865D59C7D564B0D3F4D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_DE4B95CEE7AD865D59C7D564B0D3F4D0_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_DE4B95CEE7AD865D59C7D564B0D3F4D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="loc_us-gaap_BusinessAcquisitionAcquireeDomain_DE4B95CEE7AD865D59C7D564B0D3F4D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAcquireeDomain_DE4B95CEE7AD865D59C7D564B0D3F4D0" xlink:to="lab_us-gaap_BusinessAcquisitionAcquireeDomain_DE4B95CEE7AD865D59C7D564B0D3F4D0" xlink:type="arc" />
    <link:label id="lab_ocn_ResCapMember_76B852ED7E14CE0A253AD564B0D31227_terseLabel_en-US" xlink:label="lab_ocn_ResCapMember_76B852ED7E14CE0A253AD564B0D31227" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ResCap [Member]</link:label>
    <link:label id="lab_ocn_ResCapMember_76B852ED7E14CE0A253AD564B0D31227_label_en-US" xlink:label="lab_ocn_ResCapMember_76B852ED7E14CE0A253AD564B0D31227" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ResCap [Member]</link:label>
    <link:label id="lab_ocn_ResCapMember_76B852ED7E14CE0A253AD564B0D31227_documentation_en-US" xlink:label="lab_ocn_ResCapMember_76B852ED7E14CE0A253AD564B0D31227" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">ResCap [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ResCapMember" xlink:label="loc_ocn_ResCapMember_76B852ED7E14CE0A253AD564B0D31227" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ResCapMember_76B852ED7E14CE0A253AD564B0D31227" xlink:to="lab_ocn_ResCapMember_76B852ED7E14CE0A253AD564B0D31227" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_3C6D1ED62C84A24DFA6BD564B0D35E2E_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_3C6D1ED62C84A24DFA6BD564B0D35E2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_3C6D1ED62C84A24DFA6BD564B0D35E2E_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_3C6D1ED62C84A24DFA6BD564B0D35E2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_3C6D1ED62C84A24DFA6BD564B0D35E2E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_3C6D1ED62C84A24DFA6BD564B0D35E2E" xlink:to="lab_us-gaap_BusinessAcquisitionLineItems_3C6D1ED62C84A24DFA6BD564B0D35E2E" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_02A8528A7FC14601359DD564B0D3D7A5_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_02A8528A7FC14601359DD564B0D3D7A5" 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_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_02A8528A7FC14601359DD564B0D3D7A5_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_02A8528A7FC14601359DD564B0D3D7A5" 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, Cash and Equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_02A8528A7FC14601359DD564B0D3D7A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_02A8528A7FC14601359DD564B0D3D7A5" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_02A8528A7FC14601359DD564B0D3D7A5" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_6B0CDEB9247B57281A75D564B0D44E06_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_6B0CDEB9247B57281A75D564B0D44E06" 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_6B0CDEB9247B57281A75D564B0D44E06_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_6B0CDEB9247B57281A75D564B0D44E06" 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_6B0CDEB9247B57281A75D564B0D44E06_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_6B0CDEB9247B57281A75D564B0D44E06" 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-20151231.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" xlink:label="loc_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_6B0CDEB9247B57281A75D564B0D44E06" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_6B0CDEB9247B57281A75D564B0D44E06" xlink:to="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights_6B0CDEB9247B57281A75D564B0D44E06" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_67798DF0316A583C5C72D564B0D4EAF2_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_67798DF0316A583C5C72D564B0D4EAF2" 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_67798DF0316A583C5C72D564B0D4EAF2_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_67798DF0316A583C5C72D564B0D4EAF2" 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_67798DF0316A583C5C72D564B0D4EAF2_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_67798DF0316A583C5C72D564B0D4EAF2" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances" xlink:label="loc_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_67798DF0316A583C5C72D564B0D4EAF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_67798DF0316A583C5C72D564B0D4EAF2" xlink:to="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_67798DF0316A583C5C72D564B0D4EAF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_C4D72F3E9D916F989BF2D564B0D46EB4_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_C4D72F3E9D916F989BF2D564B0D46EB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premises and equipment</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_C4D72F3E9D916F989BF2D564B0D46EB4_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_C4D72F3E9D916F989BF2D564B0D46EB4" 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, Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_C4D72F3E9D916F989BF2D564B0D46EB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_C4D72F3E9D916F989BF2D564B0D46EB4" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_C4D72F3E9D916F989BF2D564B0D46EB4" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_3CD7F089F09308952D77D564B0D486AA_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_3CD7F089F09308952D77D564B0D486AA" 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_3CD7F089F09308952D77D564B0D486AA_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_3CD7F089F09308952D77D564B0D486AA" 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_3CD7F089F09308952D77D564B0D486AA_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_3CD7F089F09308952D77D564B0D486AA" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets" xlink:label="loc_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_3CD7F089F09308952D77D564B0D486AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_3CD7F089F09308952D77D564B0D486AA" xlink:to="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_3CD7F089F09308952D77D564B0D486AA" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiability_A7DBE3E4FCBE682561CAD564B0D4057F_negatedTerseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_A7DBE3E4FCBE682561CAD564B0D4057F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Liability for indemnification obligations</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IndemnificationObligationsLiability" xlink:label="loc_ocn_IndemnificationObligationsLiability_A7DBE3E4FCBE682561CAD564B0D4057F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiability_A7DBE3E4FCBE682561CAD564B0D4057F" xlink:to="lab_ocn_IndemnificationObligationsLiability_A7DBE3E4FCBE682561CAD564B0D4057F" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_F8EBD2D6DB4D161E3BDBD564B0D481B9_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_F8EBD2D6DB4D161E3BDBD564B0D481B9" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_F8EBD2D6DB4D161E3BDBD564B0D481B9_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_F8EBD2D6DB4D161E3BDBD564B0D481B9" 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, Noncurrent Liabilities, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_F8EBD2D6DB4D161E3BDBD564B0D481B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_F8EBD2D6DB4D161E3BDBD564B0D481B9" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_F8EBD2D6DB4D161E3BDBD564B0D481B9" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_88E99ED45B19873CD99ED564B0D40BF1_totalLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_88E99ED45B19873CD99ED564B0D40BF1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total identifiable net assets</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_88E99ED45B19873CD99ED564B0D40BF1_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_88E99ED45B19873CD99ED564B0D40BF1" 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, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_88E99ED45B19873CD99ED564B0D40BF1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_88E99ED45B19873CD99ED564B0D40BF1" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_88E99ED45B19873CD99ED564B0D40BF1" xlink:type="arc" />
    <link:label id="lab_us-gaap_Goodwill_C987E07B248C2FE1D999D564B0D40139_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_C987E07B248C2FE1D999D564B0D40139" 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_C987E07B248C2FE1D999D564B0D40139_label_en-US" xlink:label="lab_us-gaap_Goodwill_C987E07B248C2FE1D999D564B0D40139" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_C987E07B248C2FE1D999D564B0D40139" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_C987E07B248C2FE1D999D564B0D40139" xlink:to="lab_us-gaap_Goodwill_C987E07B248C2FE1D999D564B0D40139" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_5F8CF08B30ACF915E946D564B0D5DD4D_totalLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_5F8CF08B30ACF915E946D564B0D5DD4D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total consideration</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_5F8CF08B30ACF915E946D564B0D5DD4D_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_5F8CF08B30ACF915E946D564B0D5DD4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_5F8CF08B30ACF915E946D564B0D5DD4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_5F8CF08B30ACF915E946D564B0D5DD4D" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_5F8CF08B30ACF915E946D564B0D5DD4D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B980BC1CD2A9C48920D3D4FD750E1ADF_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B980BC1CD2A9C48920D3D4FD750E1ADF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B980BC1CD2A9C48920D3D4FD750E1ADF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B980BC1CD2A9C48920D3D4FD750E1ADF" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B980BC1CD2A9C48920D3D4FD750E1ADF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_B52747E4A5955FB5E61FD4FD750EB966_terseLabel_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_B52747E4A5955FB5E61FD4FD750EB966" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization, Business Environment, Basis of Presentation and Significant Accounting Policies</link:label>
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_B52747E4A5955FB5E61FD4FD750EB966_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_B52747E4A5955FB5E61FD4FD750EB966" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_B52747E4A5955FB5E61FD4FD750EB966" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_B52747E4A5955FB5E61FD4FD750EB966" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_B52747E4A5955FB5E61FD4FD750EB966" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockDividendsPerShareDeclared_3064C5C7274382C9861A66C02604818E_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsPerShareDeclared_3064C5C7274382C9861A66C02604818E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock dividends (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendsPerShareDeclared_3064C5C7274382C9861A66C02604818E_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsPerShareDeclared_3064C5C7274382C9861A66C02604818E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Dividends Per Share, Declared</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PreferredStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_PreferredStockDividendsPerShareDeclared_3064C5C7274382C9861A66C02604818E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendsPerShareDeclared_3064C5C7274382C9861A66C02604818E" xlink:to="lab_us-gaap_PreferredStockDividendsPerShareDeclared_3064C5C7274382C9861A66C02604818E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetsAtAmortizedValueTable_9E12E7855388AB5755AAD47829A7312A_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtAmortizedValueTable_9E12E7855388AB5755AAD47829A7312A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost [Table]</link:label>
    <link:label id="lab_us-gaap_ServicingAssetsAtAmortizedValueTable_9E12E7855388AB5755AAD47829A7312A_label_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtAmortizedValueTable_9E12E7855388AB5755AAD47829A7312A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetsAtAmortizedValueTable" xlink:label="loc_us-gaap_ServicingAssetsAtAmortizedValueTable_9E12E7855388AB5755AAD47829A7312A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetsAtAmortizedValueTable_9E12E7855388AB5755AAD47829A7312A" xlink:to="lab_us-gaap_ServicingAssetsAtAmortizedValueTable_9E12E7855388AB5755AAD47829A7312A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetsAtAmortizedValueLineItems_EDCF5DA851DA78A31566D47829A8350A_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtAmortizedValueLineItems_EDCF5DA851DA78A31566D47829A8350A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost [Line Items]</link:label>
    <link:label id="lab_us-gaap_ServicingAssetsAtAmortizedValueLineItems_EDCF5DA851DA78A31566D47829A8350A_label_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtAmortizedValueLineItems_EDCF5DA851DA78A31566D47829A8350A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetsAtAmortizedValueLineItems" xlink:label="loc_us-gaap_ServicingAssetsAtAmortizedValueLineItems_EDCF5DA851DA78A31566D47829A8350A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetsAtAmortizedValueLineItems_EDCF5DA851DA78A31566D47829A8350A" xlink:to="lab_us-gaap_ServicingAssetsAtAmortizedValueLineItems_EDCF5DA851DA78A31566D47829A8350A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_800D9C88618A98E7D053D49BFF2718AF_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_800D9C88618A98E7D053D49BFF2718AF" 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_800D9C88618A98E7D053D49BFF2718AF_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_800D9C88618A98E7D053D49BFF2718AF" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_800D9C88618A98E7D053D49BFF2718AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_800D9C88618A98E7D053D49BFF2718AF" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_800D9C88618A98E7D053D49BFF2718AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_F8E80CA149AACD1CF3D4D49C2757A703_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_F8E80CA149AACD1CF3D4D49C2757A703" 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_F8E80CA149AACD1CF3D4D49C2757A703_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_F8E80CA149AACD1CF3D4D49C2757A703" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_F8E80CA149AACD1CF3D4D49C2757A703" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_F8E80CA149AACD1CF3D4D49C2757A703" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_F8E80CA149AACD1CF3D4D49C2757A703" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_B5DE9C0EC5B39C63913ED49C4B195810_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_B5DE9C0EC5B39C63913ED49C4B195810" 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_B5DE9C0EC5B39C63913ED49C4B195810_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_B5DE9C0EC5B39C63913ED49C4B195810" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_B5DE9C0EC5B39C63913ED49C4B195810" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_B5DE9C0EC5B39C63913ED49C4B195810" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_B5DE9C0EC5B39C63913ED49C4B195810" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_BA3FD34D6633E733834AD49C7348104E_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_BA3FD34D6633E733834AD49C7348104E" 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_BA3FD34D6633E733834AD49C7348104E_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_BA3FD34D6633E733834AD49C7348104E" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_BA3FD34D6633E733834AD49C7348104E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_BA3FD34D6633E733834AD49C7348104E" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_BA3FD34D6633E733834AD49C7348104E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_7815AF14DFB8CF0C4A92D49DE6EE52A3_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_7815AF14DFB8CF0C4A92D49DE6EE52A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_7815AF14DFB8CF0C4A92D49DE6EE52A3_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_7815AF14DFB8CF0C4A92D49DE6EE52A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, after Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_7815AF14DFB8CF0C4A92D49DE6EE52A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_7815AF14DFB8CF0C4A92D49DE6EE52A3" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_7815AF14DFB8CF0C4A92D49DE6EE52A3" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofOtherLiabilitiesTableTextBlock_D55F23E377FB912C0D99B1D5B98B4E32_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofOtherLiabilitiesTableTextBlock_D55F23E377FB912C0D99B1D5B98B4E32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Liabilities</link:label>
    <link:label id="lab_ocn_ScheduleofOtherLiabilitiesTableTextBlock_D55F23E377FB912C0D99B1D5B98B4E32_label_en-US" xlink:label="lab_ocn_ScheduleofOtherLiabilitiesTableTextBlock_D55F23E377FB912C0D99B1D5B98B4E32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Other Liabilities [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleofOtherLiabilitiesTableTextBlock_D55F23E377FB912C0D99B1D5B98B4E32_documentation_en-US" xlink:label="lab_ocn_ScheduleofOtherLiabilitiesTableTextBlock_D55F23E377FB912C0D99B1D5B98B4E32" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Other Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleofOtherLiabilitiesTableTextBlock" xlink:label="loc_ocn_ScheduleofOtherLiabilitiesTableTextBlock_D55F23E377FB912C0D99B1D5B98B4E32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofOtherLiabilitiesTableTextBlock_D55F23E377FB912C0D99B1D5B98B4E32" xlink:to="lab_ocn_ScheduleofOtherLiabilitiesTableTextBlock_D55F23E377FB912C0D99B1D5B98B4E32" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_27EDEBCC679D4F0AA48912FA88581F8E_label_en-US" xlink:label="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_27EDEBCC679D4F0AA48912FA88581F8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Comprehensive Income [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_27EDEBCC679D4F0AA48912FA88581F8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_27EDEBCC679D4F0AA48912FA88581F8E" xlink:to="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_27EDEBCC679D4F0AA48912FA88581F8E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_108F106A501CA105407112FA885BC219_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_108F106A501CA105407112FA885BC219" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit on change in deferred gain (loss) on cash flow hedges</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_108F106A501CA105407112FA885BC219_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_108F106A501CA105407112FA885BC219" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_108F106A501CA105407112FA885BC219" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_108F106A501CA105407112FA885BC219" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax_108F106A501CA105407112FA885BC219" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_C367E230136C697A679512FA885BACEF_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_C367E230136C697A679512FA885BACEF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit (expense) on reclassification adjustment for losses on cash flow hedges</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_C367E230136C697A679512FA885BACEF_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_C367E230136C697A679512FA885BACEF" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_C367E230136C697A679512FA885BACEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_C367E230136C697A679512FA885BACEF" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax_C367E230136C697A679512FA885BACEF" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateLockCommitmentsMember_706FC8639BC79E48C76ADD3FAEA1212E_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateLockCommitmentsMember_706FC8639BC79E48C76ADD3FAEA1212E" 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_706FC8639BC79E48C76ADD3FAEA1212E_label_en-US" xlink:label="lab_us-gaap_InterestRateLockCommitmentsMember_706FC8639BC79E48C76ADD3FAEA1212E" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestRateLockCommitmentsMember" xlink:label="loc_us-gaap_InterestRateLockCommitmentsMember_706FC8639BC79E48C76ADD3FAEA1212E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateLockCommitmentsMember_706FC8639BC79E48C76ADD3FAEA1212E" xlink:to="lab_us-gaap_InterestRateLockCommitmentsMember_706FC8639BC79E48C76ADD3FAEA1212E" xlink:type="arc" />
    <link:label id="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_4E82653083A3767D000ADD3FAEA167E9_terseLabel_en-US" xlink:label="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_4E82653083A3767D000ADD3FAEA167E9" 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_4E82653083A3767D000ADD3FAEA167E9_label_en-US" xlink:label="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_4E82653083A3767D000ADD3FAEA167E9" 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_4E82653083A3767D000ADD3FAEA167E9_documentation_en-US" xlink:label="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_4E82653083A3767D000ADD3FAEA167E9" 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-20151231.xsd#ocn_ForwardMortgageBackedSecuritiesTradesMember" xlink:label="loc_ocn_ForwardMortgageBackedSecuritiesTradesMember_4E82653083A3767D000ADD3FAEA167E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ForwardMortgageBackedSecuritiesTradesMember_4E82653083A3767D000ADD3FAEA167E9" xlink:to="lab_ocn_ForwardMortgageBackedSecuritiesTradesMember_4E82653083A3767D000ADD3FAEA167E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateCapMember_FFD4BE328915D3530833DD3FAEA1D0D2_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateCapMember_FFD4BE328915D3530833DD3FAEA1D0D2" 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_FFD4BE328915D3530833DD3FAEA1D0D2_label_en-US" xlink:label="lab_us-gaap_InterestRateCapMember_FFD4BE328915D3530833DD3FAEA1D0D2" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestRateCapMember" xlink:label="loc_us-gaap_InterestRateCapMember_FFD4BE328915D3530833DD3FAEA1D0D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateCapMember_FFD4BE328915D3530833DD3FAEA1D0D2" xlink:to="lab_us-gaap_InterestRateCapMember_FFD4BE328915D3530833DD3FAEA1D0D2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_74DC499FD4534AFDF2A4DD3FAEA1D943_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_74DC499FD4534AFDF2A4DD3FAEA1D943" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_74DC499FD4534AFDF2A4DD3FAEA1D943_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_74DC499FD4534AFDF2A4DD3FAEA1D943" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_74DC499FD4534AFDF2A4DD3FAEA1D943" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_74DC499FD4534AFDF2A4DD3FAEA1D943" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_74DC499FD4534AFDF2A4DD3FAEA1D943" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_37F4B5081EC95749590DDD3FAEA1A2DE_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_37F4B5081EC95749590DDD3FAEA1A2DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_37F4B5081EC95749590DDD3FAEA1A2DE_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_37F4B5081EC95749590DDD3FAEA1A2DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_37F4B5081EC95749590DDD3FAEA1A2DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_37F4B5081EC95749590DDD3FAEA1A2DE" xlink:to="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_37F4B5081EC95749590DDD3FAEA1A2DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_74DF45ED56BA02621F39DD3FAEA25DC9_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_74DF45ED56BA02621F39DD3FAEA25DC9" 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_74DF45ED56BA02621F39DD3FAEA25DC9_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_74DF45ED56BA02621F39DD3FAEA25DC9" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_74DF45ED56BA02621F39DD3FAEA25DC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_74DF45ED56BA02621F39DD3FAEA25DC9" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_74DF45ED56BA02621F39DD3FAEA25DC9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_20D6AD8ADD16B1C706DCDD3FAEA25EF7_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_20D6AD8ADD16B1C706DCDD3FAEA25EF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 3 [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_20D6AD8ADD16B1C706DCDD3FAEA25EF7_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_20D6AD8ADD16B1C706DCDD3FAEA25EF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_20D6AD8ADD16B1C706DCDD3FAEA25EF7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member_20D6AD8ADD16B1C706DCDD3FAEA25EF7" xlink:to="lab_us-gaap_FairValueInputsLevel3Member_20D6AD8ADD16B1C706DCDD3FAEA25EF7" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_98C4FFF0D2E1AAE7F90EDD3FAEA2815B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_98C4FFF0D2E1AAE7F90EDD3FAEA2815B" 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_98C4FFF0D2E1AAE7F90EDD3FAEA2815B_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_98C4FFF0D2E1AAE7F90EDD3FAEA2815B" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_98C4FFF0D2E1AAE7F90EDD3FAEA2815B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_98C4FFF0D2E1AAE7F90EDD3FAEA2815B" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_98C4FFF0D2E1AAE7F90EDD3FAEA2815B" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_E0FC98B61EA3FC243327DD3FAEA2D50F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_E0FC98B61EA3FC243327DD3FAEA2D50F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement Basis [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_E0FC98B61EA3FC243327DD3FAEA2D50F_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_E0FC98B61EA3FC243327DD3FAEA2D50F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Basis [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis_E0FC98B61EA3FC243327DD3FAEA2D50F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementBasisAxis_E0FC98B61EA3FC243327DD3FAEA2D50F" xlink:to="lab_us-gaap_FairValueByMeasurementBasisAxis_E0FC98B61EA3FC243327DD3FAEA2D50F" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4E383B72A2B5179CCB0FDD3FAEA2B06F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4E383B72A2B5179CCB0FDD3FAEA2B06F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurement [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4E383B72A2B5179CCB0FDD3FAEA2B06F_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4E383B72A2B5179CCB0FDD3FAEA2B06F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="loc_us-gaap_FairValueDisclosureItemAmountsDomain_4E383B72A2B5179CCB0FDD3FAEA2B06F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosureItemAmountsDomain_4E383B72A2B5179CCB0FDD3FAEA2B06F" xlink:to="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4E383B72A2B5179CCB0FDD3FAEA2B06F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_995342AA79A1135240C7DD3FAEA226BD_terseLabel_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_995342AA79A1135240C7DD3FAEA226BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Portion at Fair Value Measurement [Member]</link:label>
    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_995342AA79A1135240C7DD3FAEA226BD_label_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_995342AA79A1135240C7DD3FAEA226BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Portion at Fair Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_995342AA79A1135240C7DD3FAEA226BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_995342AA79A1135240C7DD3FAEA226BD" xlink:to="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_995342AA79A1135240C7DD3FAEA226BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_6C6AA0AAE156E30D9B06DD3FAEA222FD_terseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_6C6AA0AAE156E30D9B06DD3FAEA222FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying Value [Member]</link:label>
    <link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_6C6AA0AAE156E30D9B06DD3FAEA222FD_label_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_6C6AA0AAE156E30D9B06DD3FAEA222FD" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_6C6AA0AAE156E30D9B06DD3FAEA222FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_6C6AA0AAE156E30D9B06DD3FAEA222FD" xlink:to="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_6C6AA0AAE156E30D9B06DD3FAEA222FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E3868FBC5DACA1E3C564DD3FAEA208F6_terseLabel_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E3868FBC5DACA1E3C564DD3FAEA208F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value [Member]</link:label>
    <link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E3868FBC5DACA1E3C564DD3FAEA208F6_label_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E3868FBC5DACA1E3C564DD3FAEA208F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimate of Fair Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E3868FBC5DACA1E3C564DD3FAEA208F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E3868FBC5DACA1E3C564DD3FAEA208F6" xlink:to="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E3868FBC5DACA1E3C564DD3FAEA208F6" xlink:type="arc" />
    <link:label id="lab_ocn_FinancialAssetsAbstract_D3214C0A3395286A1785DD3FAEA26899_terseLabel_en-US" xlink:label="lab_ocn_FinancialAssetsAbstract_D3214C0A3395286A1785DD3FAEA26899" 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_D3214C0A3395286A1785DD3FAEA26899_label_en-US" xlink:label="lab_ocn_FinancialAssetsAbstract_D3214C0A3395286A1785DD3FAEA26899" 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_D3214C0A3395286A1785DD3FAEA26899_documentation_en-US" xlink:label="lab_ocn_FinancialAssetsAbstract_D3214C0A3395286A1785DD3FAEA26899" 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-20151231.xsd#ocn_FinancialAssetsAbstract" xlink:label="loc_ocn_FinancialAssetsAbstract_D3214C0A3395286A1785DD3FAEA26899" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancialAssetsAbstract_D3214C0A3395286A1785DD3FAEA26899" xlink:to="lab_ocn_FinancialAssetsAbstract_D3214C0A3395286A1785DD3FAEA26899" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_8CDB23DEDE2D56583F0FDD3FAEA28CB0_terseLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_8CDB23DEDE2D56583F0FDD3FAEA28CB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans held for sale, at fair value</link:label>
    <link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_8CDB23DEDE2D56583F0FDD3FAEA28CB0_label_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_8CDB23DEDE2D56583F0FDD3FAEA28CB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held-for-sale, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_8CDB23DEDE2D56583F0FDD3FAEA28CB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_8CDB23DEDE2D56583F0FDD3FAEA28CB0" xlink:to="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_8CDB23DEDE2D56583F0FDD3FAEA28CB0" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_37B3720B60D3A476E61DDD3FAEA3B16C_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_37B3720B60D3A476E61DDD3FAEA3B16C" 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_37B3720B60D3A476E61DDD3FAEA3B16C_label_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_37B3720B60D3A476E61DDD3FAEA3B16C" 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_37B3720B60D3A476E61DDD3FAEA3B16C_documentation_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_37B3720B60D3A476E61DDD3FAEA3B16C" 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-20151231.xsd#ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" xlink:label="loc_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_37B3720B60D3A476E61DDD3FAEA3B16C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_37B3720B60D3A476E61DDD3FAEA3B16C" xlink:to="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_37B3720B60D3A476E61DDD3FAEA3B16C" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansHeldForSaleMortgages_AD947EC77549EFCB50C2DD3FAEA377D7_terseLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleMortgages_AD947EC77549EFCB50C2DD3FAEA377D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Loans held for sale</link:label>
    <link:label id="lab_us-gaap_LoansHeldForSaleMortgages_AD947EC77549EFCB50C2DD3FAEA377D7_label_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleMortgages_AD947EC77549EFCB50C2DD3FAEA377D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Mortgage Loans</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LoansHeldForSaleMortgages" xlink:label="loc_us-gaap_LoansHeldForSaleMortgages_AD947EC77549EFCB50C2DD3FAEA377D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansHeldForSaleMortgages_AD947EC77549EFCB50C2DD3FAEA377D7" xlink:to="lab_us-gaap_LoansHeldForSaleMortgages_AD947EC77549EFCB50C2DD3FAEA377D7" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_3709650377D79B1A9F4ADD3FAEA36130_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_3709650377D79B1A9F4ADD3FAEA36130" 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_ocn_LoansHeldforInvestmentFairValueDisclosure_3709650377D79B1A9F4ADD3FAEA36130_label_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_3709650377D79B1A9F4ADD3FAEA36130" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held for Investment, Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_3709650377D79B1A9F4ADD3FAEA36130_documentation_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_3709650377D79B1A9F4ADD3FAEA36130" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the home equity conversion mortgages insured by FHA.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoansHeldforInvestmentFairValueDisclosure" xlink:label="loc_ocn_LoansHeldforInvestmentFairValueDisclosure_3709650377D79B1A9F4ADD3FAEA36130" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldforInvestmentFairValueDisclosure_3709650377D79B1A9F4ADD3FAEA36130" xlink:to="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_3709650377D79B1A9F4ADD3FAEA36130" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_497C7A9F931F224BA1C9DD3FAEA306E9_terseLabel_en-US" xlink:label="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_497C7A9F931F224BA1C9DD3FAEA306E9" 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_AdvancesAndMatchFundedAdvancesFairValueDisclosure_497C7A9F931F224BA1C9DD3FAEA306E9_label_en-US" xlink:label="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_497C7A9F931F224BA1C9DD3FAEA306E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances and Match Funded Advances Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_497C7A9F931F224BA1C9DD3FAEA306E9_documentation_en-US" xlink:label="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_497C7A9F931F224BA1C9DD3FAEA306E9" 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 advances and match funded advances.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure" xlink:label="loc_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_497C7A9F931F224BA1C9DD3FAEA306E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_497C7A9F931F224BA1C9DD3FAEA306E9" xlink:to="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_497C7A9F931F224BA1C9DD3FAEA306E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivablesFairValueDisclosure_C0E25735625460E7B499DD3FAEA34046_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesFairValueDisclosure_C0E25735625460E7B499DD3FAEA34046" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables, net</link:label>
    <link:label id="lab_us-gaap_ReceivablesFairValueDisclosure_C0E25735625460E7B499DD3FAEA34046_label_en-US" xlink:label="lab_us-gaap_ReceivablesFairValueDisclosure_C0E25735625460E7B499DD3FAEA34046" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ReceivablesFairValueDisclosure" xlink:label="loc_us-gaap_ReceivablesFairValueDisclosure_C0E25735625460E7B499DD3FAEA34046" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivablesFairValueDisclosure_C0E25735625460E7B499DD3FAEA34046" xlink:to="lab_us-gaap_ReceivablesFairValueDisclosure_C0E25735625460E7B499DD3FAEA34046" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure_B3F7BC2740EAF9BA2DF1DD3FAEA3708A_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure_B3F7BC2740EAF9BA2DF1DD3FAEA3708A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage-backed securities, at fair value</link:label>
    <link:label id="lab_us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure_B3F7BC2740EAF9BA2DF1DD3FAEA3708A_label_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure_B3F7BC2740EAF9BA2DF1DD3FAEA3708A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage-backed Securities Held-to-maturity, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure" xlink:label="loc_us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure_B3F7BC2740EAF9BA2DF1DD3FAEA3708A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure_B3F7BC2740EAF9BA2DF1DD3FAEA3708A" xlink:to="lab_us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure_B3F7BC2740EAF9BA2DF1DD3FAEA3708A" xlink:type="arc" />
    <link:label id="lab_ocn_FinancialLiabilitiesAbstract_DF604640EF6D4FCD7DE0DD3FAEA32B0F_terseLabel_en-US" xlink:label="lab_ocn_FinancialLiabilitiesAbstract_DF604640EF6D4FCD7DE0DD3FAEA32B0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities:</link:label>
    <link:label id="lab_ocn_FinancialLiabilitiesAbstract_DF604640EF6D4FCD7DE0DD3FAEA32B0F_label_en-US" xlink:label="lab_ocn_FinancialLiabilitiesAbstract_DF604640EF6D4FCD7DE0DD3FAEA32B0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Liabilities [Abstract]</link:label>
    <link:label id="lab_ocn_FinancialLiabilitiesAbstract_DF604640EF6D4FCD7DE0DD3FAEA32B0F_documentation_en-US" xlink:label="lab_ocn_FinancialLiabilitiesAbstract_DF604640EF6D4FCD7DE0DD3FAEA32B0F" 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-20151231.xsd#ocn_FinancialLiabilitiesAbstract" xlink:label="loc_ocn_FinancialLiabilitiesAbstract_DF604640EF6D4FCD7DE0DD3FAEA32B0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancialLiabilitiesAbstract_DF604640EF6D4FCD7DE0DD3FAEA32B0F" xlink:to="lab_ocn_FinancialLiabilitiesAbstract_DF604640EF6D4FCD7DE0DD3FAEA32B0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount_F343CDA1D8A272876C7BDD3FAEA32667_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount_F343CDA1D8A272876C7BDD3FAEA32667" 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_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount_F343CDA1D8A272876C7BDD3FAEA32667_label_en-US" xlink:label="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount_F343CDA1D8A272876C7BDD3FAEA32667" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount" xlink:label="loc_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount_F343CDA1D8A272876C7BDD3FAEA32667" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount_F343CDA1D8A272876C7BDD3FAEA32667" xlink:to="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount_F343CDA1D8A272876C7BDD3FAEA32667" xlink:type="arc" />
    <link:label id="lab_ocn_FinancingLiabilitiesAbstract_0139CEDA367E17C47C2DDD3FAEA307B9_terseLabel_en-US" xlink:label="lab_ocn_FinancingLiabilitiesAbstract_0139CEDA367E17C47C2DDD3FAEA307B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing liabilities:</link:label>
    <link:label id="lab_ocn_FinancingLiabilitiesAbstract_0139CEDA367E17C47C2DDD3FAEA307B9_label_en-US" xlink:label="lab_ocn_FinancingLiabilitiesAbstract_0139CEDA367E17C47C2DDD3FAEA307B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Liabilities [Abstract]</link:label>
    <link:label id="lab_ocn_FinancingLiabilitiesAbstract_0139CEDA367E17C47C2DDD3FAEA307B9_documentation_en-US" xlink:label="lab_ocn_FinancingLiabilitiesAbstract_0139CEDA367E17C47C2DDD3FAEA307B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Liabilities [Abstract]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FinancingLiabilitiesAbstract" xlink:label="loc_ocn_FinancingLiabilitiesAbstract_0139CEDA367E17C47C2DDD3FAEA307B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancingLiabilitiesAbstract_0139CEDA367E17C47C2DDD3FAEA307B9" xlink:to="lab_ocn_FinancingLiabilitiesAbstract_0139CEDA367E17C47C2DDD3FAEA307B9" xlink:type="arc" />
    <link:label id="lab_ocn_HMBSBorrowingsFairValueDisclosure_442EA8679CC849DF8CBFDD3FAEA3D738_terseLabel_en-US" xlink:label="lab_ocn_HMBSBorrowingsFairValueDisclosure_442EA8679CC849DF8CBFDD3FAEA3D738" 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:label id="lab_ocn_HMBSBorrowingsFairValueDisclosure_442EA8679CC849DF8CBFDD3FAEA3D738_label_en-US" xlink:label="lab_ocn_HMBSBorrowingsFairValueDisclosure_442EA8679CC849DF8CBFDD3FAEA3D738" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HMBS Borrowings, Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_HMBSBorrowingsFairValueDisclosure_442EA8679CC849DF8CBFDD3FAEA3D738_documentation_en-US" xlink:label="lab_ocn_HMBSBorrowingsFairValueDisclosure_442EA8679CC849DF8CBFDD3FAEA3D738" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">HMBS Borrowings, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_HMBSBorrowingsFairValueDisclosure" xlink:label="loc_ocn_HMBSBorrowingsFairValueDisclosure_442EA8679CC849DF8CBFDD3FAEA3D738" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HMBSBorrowingsFairValueDisclosure_442EA8679CC849DF8CBFDD3FAEA3D738" xlink:to="lab_ocn_HMBSBorrowingsFairValueDisclosure_442EA8679CC849DF8CBFDD3FAEA3D738" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_0BF377CDBBE0AF5668C7DD3FAEA4CF58_terseLabel_en-US" xlink:label="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_0BF377CDBBE0AF5668C7DD3FAEA4CF58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing liability - MSRs pledged</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_0BF377CDBBE0AF5668C7DD3FAEA4CF58_label_en-US" xlink:label="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_0BF377CDBBE0AF5668C7DD3FAEA4CF58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights, Pledged, Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_0BF377CDBBE0AF5668C7DD3FAEA4CF58_documentation_en-US" xlink:label="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_0BF377CDBBE0AF5668C7DD3FAEA4CF58" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights, Pledged, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MortgageServiceRightsPledgedFairValueDisclosure" xlink:label="loc_ocn_MortgageServiceRightsPledgedFairValueDisclosure_0BF377CDBBE0AF5668C7DD3FAEA4CF58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServiceRightsPledgedFairValueDisclosure_0BF377CDBBE0AF5668C7DD3FAEA4CF58" xlink:to="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_0BF377CDBBE0AF5668C7DD3FAEA4CF58" xlink:type="arc" />
    <link:label id="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_F0625AAC015ACD989196DD3FAEA4569C_terseLabel_en-US" xlink:label="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_F0625AAC015ACD989196DD3FAEA4569C" 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_F0625AAC015ACD989196DD3FAEA4569C_label_en-US" xlink:label="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_F0625AAC015ACD989196DD3FAEA4569C" 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_F0625AAC015ACD989196DD3FAEA4569C_documentation_en-US" xlink:label="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_F0625AAC015ACD989196DD3FAEA4569C" 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-20151231.xsd#ocn_OtherFinancingLiabilitiesFairValueDisclosure" xlink:label="loc_ocn_OtherFinancingLiabilitiesFairValueDisclosure_F0625AAC015ACD989196DD3FAEA4569C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherFinancingLiabilitiesFairValueDisclosure_F0625AAC015ACD989196DD3FAEA4569C" xlink:to="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_F0625AAC015ACD989196DD3FAEA4569C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_EA1C7852D8B5A3049896DD3FAEA41B6D_totalLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_EA1C7852D8B5A3049896DD3FAEA41B6D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Financing liabilities</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_EA1C7852D8B5A3049896DD3FAEA41B6D_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_EA1C7852D8B5A3049896DD3FAEA41B6D" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_EA1C7852D8B5A3049896DD3FAEA41B6D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_EA1C7852D8B5A3049896DD3FAEA41B6D" xlink:to="lab_us-gaap_DebtInstrumentCarryingAmount_EA1C7852D8B5A3049896DD3FAEA41B6D" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_528C8D5254592A8CE019DD3FAEA4AD95_terseLabel_en-US" xlink:label="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_528C8D5254592A8CE019DD3FAEA4AD95" 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_528C8D5254592A8CE019DD3FAEA4AD95_label_en-US" xlink:label="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_528C8D5254592A8CE019DD3FAEA4AD95" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract" xlink:label="loc_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_528C8D5254592A8CE019DD3FAEA4AD95" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_528C8D5254592A8CE019DD3FAEA4AD95" xlink:to="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_528C8D5254592A8CE019DD3FAEA4AD95" xlink:type="arc" />
    <link:label id="lab_us-gaap_SeniorNotes_17B18BA71AA15E4D9606DD3FAEA4C0C9_terseLabel_en-US" xlink:label="lab_us-gaap_SeniorNotes_17B18BA71AA15E4D9606DD3FAEA4C0C9" 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_us-gaap_SeniorNotes_17B18BA71AA15E4D9606DD3FAEA4C0C9_label_en-US" xlink:label="lab_us-gaap_SeniorNotes_17B18BA71AA15E4D9606DD3FAEA4C0C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SeniorNotes" xlink:label="loc_us-gaap_SeniorNotes_17B18BA71AA15E4D9606DD3FAEA4C0C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeniorNotes_17B18BA71AA15E4D9606DD3FAEA4C0C9" xlink:to="lab_us-gaap_SeniorNotes_17B18BA71AA15E4D9606DD3FAEA4C0C9" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherBorrowings_F1620D31EA361577BCDBDD3FAEA410BF_terseLabel_en-US" xlink:label="lab_us-gaap_OtherBorrowings_F1620D31EA361577BCDBDD3FAEA410BF" 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_OtherBorrowings_F1620D31EA361577BCDBDD3FAEA410BF_label_en-US" xlink:label="lab_us-gaap_OtherBorrowings_F1620D31EA361577BCDBDD3FAEA410BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Borrowings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherBorrowings" xlink:label="loc_us-gaap_OtherBorrowings_F1620D31EA361577BCDBDD3FAEA410BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherBorrowings_F1620D31EA361577BCDBDD3FAEA410BF" xlink:to="lab_us-gaap_OtherBorrowings_F1620D31EA361577BCDBDD3FAEA410BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredDebtOther_8CCFE47A13F49507F42DDD3FAEA4011D_totalLabel_en-US" xlink:label="lab_us-gaap_SecuredDebtOther_8CCFE47A13F49507F42DDD3FAEA4011D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Other secured borrowings</link:label>
    <link:label id="lab_us-gaap_SecuredDebtOther_8CCFE47A13F49507F42DDD3FAEA4011D_label_en-US" xlink:label="lab_us-gaap_SecuredDebtOther_8CCFE47A13F49507F42DDD3FAEA4011D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Debt, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SecuredDebtOther" xlink:label="loc_us-gaap_SecuredDebtOther_8CCFE47A13F49507F42DDD3FAEA4011D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredDebtOther_8CCFE47A13F49507F42DDD3FAEA4011D" xlink:to="lab_us-gaap_SecuredDebtOther_8CCFE47A13F49507F42DDD3FAEA4011D" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnsecuredDebt_59906D6676B9A0413A66DD3FAEA5F074_terseLabel_en-US" xlink:label="lab_us-gaap_UnsecuredDebt_59906D6676B9A0413A66DD3FAEA5F074" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior unsecured notes</link:label>
    <link:label id="lab_us-gaap_UnsecuredDebt_59906D6676B9A0413A66DD3FAEA5F074_label_en-US" xlink:label="lab_us-gaap_UnsecuredDebt_59906D6676B9A0413A66DD3FAEA5F074" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnsecuredDebt" xlink:label="loc_us-gaap_UnsecuredDebt_59906D6676B9A0413A66DD3FAEA5F074" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnsecuredDebt_59906D6676B9A0413A66DD3FAEA5F074" xlink:to="lab_us-gaap_UnsecuredDebt_59906D6676B9A0413A66DD3FAEA5F074" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeFinancialInstruments1Abstract_C5A07AA558D02D1A5BCDDD3FAEA56980_terseLabel_en-US" xlink:label="lab_ocn_DerivativeFinancialInstruments1Abstract_C5A07AA558D02D1A5BCDDD3FAEA56980" 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_C5A07AA558D02D1A5BCDDD3FAEA56980_label_en-US" xlink:label="lab_ocn_DerivativeFinancialInstruments1Abstract_C5A07AA558D02D1A5BCDDD3FAEA56980" 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_C5A07AA558D02D1A5BCDDD3FAEA56980_documentation_en-US" xlink:label="lab_ocn_DerivativeFinancialInstruments1Abstract_C5A07AA558D02D1A5BCDDD3FAEA56980" 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-20151231.xsd#ocn_DerivativeFinancialInstruments1Abstract" xlink:label="loc_ocn_DerivativeFinancialInstruments1Abstract_C5A07AA558D02D1A5BCDDD3FAEA56980" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeFinancialInstruments1Abstract_C5A07AA558D02D1A5BCDDD3FAEA56980" xlink:to="lab_ocn_DerivativeFinancialInstruments1Abstract_C5A07AA558D02D1A5BCDDD3FAEA56980" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateDerivativeAssetsAtFairValue_30735783923A95D8E5C6DD3FAEA5E8F3_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateDerivativeAssetsAtFairValue_30735783923A95D8E5C6DD3FAEA5E8F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate lock commitments</link:label>
    <link:label id="lab_us-gaap_InterestRateDerivativeAssetsAtFairValue_30735783923A95D8E5C6DD3FAEA5E8F3_label_en-US" xlink:label="lab_us-gaap_InterestRateDerivativeAssetsAtFairValue_30735783923A95D8E5C6DD3FAEA5E8F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Derivative Assets, at Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestRateDerivativeAssetsAtFairValue" xlink:label="loc_us-gaap_InterestRateDerivativeAssetsAtFairValue_30735783923A95D8E5C6DD3FAEA5E8F3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateDerivativeAssetsAtFairValue_30735783923A95D8E5C6DD3FAEA5E8F3" xlink:to="lab_us-gaap_InterestRateDerivativeAssetsAtFairValue_30735783923A95D8E5C6DD3FAEA5E8F3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeLiabilities_8E204E1792EAEE3294DEDD3FAEA5CA20_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_8E204E1792EAEE3294DEDD3FAEA5CA20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward mortgage-backed securities trades</link:label>
    <link:label id="lab_us-gaap_DerivativeLiabilities_8E204E1792EAEE3294DEDD3FAEA5CA20_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_8E204E1792EAEE3294DEDD3FAEA5CA20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_8E204E1792EAEE3294DEDD3FAEA5CA20" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilities_8E204E1792EAEE3294DEDD3FAEA5CA20" xlink:to="lab_us-gaap_DerivativeLiabilities_8E204E1792EAEE3294DEDD3FAEA5CA20" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeAssets_37DB6E48C67A3F627DB8DD3FAEA52A32_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_37DB6E48C67A3F627DB8DD3FAEA52A32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate caps</link:label>
    <link:label id="lab_us-gaap_DerivativeAssets_37DB6E48C67A3F627DB8DD3FAEA52A32_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_37DB6E48C67A3F627DB8DD3FAEA52A32" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_37DB6E48C67A3F627DB8DD3FAEA52A32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_37DB6E48C67A3F627DB8DD3FAEA52A32" xlink:to="lab_us-gaap_DerivativeAssets_37DB6E48C67A3F627DB8DD3FAEA52A32" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServiceRightsAbstract_692583AA7330D2CE7137DD3FAEA5F2E4_terseLabel_en-US" xlink:label="lab_ocn_MortgageServiceRightsAbstract_692583AA7330D2CE7137DD3FAEA5F2E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights:</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsAbstract_692583AA7330D2CE7137DD3FAEA5F2E4_label_en-US" xlink:label="lab_ocn_MortgageServiceRightsAbstract_692583AA7330D2CE7137DD3FAEA5F2E4" 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_692583AA7330D2CE7137DD3FAEA5F2E4_documentation_en-US" xlink:label="lab_ocn_MortgageServiceRightsAbstract_692583AA7330D2CE7137DD3FAEA5F2E4" 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-20151231.xsd#ocn_MortgageServiceRightsAbstract" xlink:label="loc_ocn_MortgageServiceRightsAbstract_692583AA7330D2CE7137DD3FAEA5F2E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServiceRightsAbstract_692583AA7330D2CE7137DD3FAEA5F2E4" xlink:to="lab_ocn_MortgageServiceRightsAbstract_692583AA7330D2CE7137DD3FAEA5F2E4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_D461E85EE4757069F513DD3FAEA59795_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_D461E85EE4757069F513DD3FAEA59795" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights, at fair value</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_D461E85EE4757069F513DD3FAEA59795_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_D461E85EE4757069F513DD3FAEA59795" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Fair Value, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmount_D461E85EE4757069F513DD3FAEA59795" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAmount_D461E85EE4757069F513DD3FAEA59795" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAmount_D461E85EE4757069F513DD3FAEA59795" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValue_E86A17369C62383636D5DD3FAEA5E30A_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValue_E86A17369C62383636D5DD3FAEA5E30A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MSRs, at amortized cost</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValue_E86A17369C62383636D5DD3FAEA5E30A_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValue_E86A17369C62383636D5DD3FAEA5E30A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValue" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValue_E86A17369C62383636D5DD3FAEA5E30A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValue_E86A17369C62383636D5DD3FAEA5E30A" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValue_E86A17369C62383636D5DD3FAEA5E30A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAsset_07E22DBE6D87D51468D9DD3FAEA57197_totalLabel_en-US" xlink:label="lab_us-gaap_ServicingAsset_07E22DBE6D87D51468D9DD3FAEA57197" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Mortgage servicing rights</link:label>
    <link:label id="lab_us-gaap_ServicingAsset_07E22DBE6D87D51468D9DD3FAEA57197_label_en-US" xlink:label="lab_us-gaap_ServicingAsset_07E22DBE6D87D51468D9DD3FAEA57197" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAsset" xlink:label="loc_us-gaap_ServicingAsset_07E22DBE6D87D51468D9DD3FAEA57197" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAsset_07E22DBE6D87D51468D9DD3FAEA57197" xlink:to="lab_us-gaap_ServicingAsset_07E22DBE6D87D51468D9DD3FAEA57197" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilitiesDisclosureTextBlock_F09BE6CBAE1E0FE166B1B1D5BCC37C7D_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesDisclosureTextBlock_F09BE6CBAE1E0FE166B1B1D5BCC37C7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:label id="lab_us-gaap_OtherLiabilitiesDisclosureTextBlock_F09BE6CBAE1E0FE166B1B1D5BCC37C7D_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesDisclosureTextBlock_F09BE6CBAE1E0FE166B1B1D5BCC37C7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherLiabilitiesDisclosureTextBlock" xlink:label="loc_us-gaap_OtherLiabilitiesDisclosureTextBlock_F09BE6CBAE1E0FE166B1B1D5BCC37C7D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesDisclosureTextBlock_F09BE6CBAE1E0FE166B1B1D5BCC37C7D" xlink:to="lab_us-gaap_OtherLiabilitiesDisclosureTextBlock_F09BE6CBAE1E0FE166B1B1D5BCC37C7D" xlink:type="arc" />
    <link:label id="lab_ocn_CostOfFundsMember_3B2DBAB3F43C0B2FCC401789701BF974_terseLabel_en-US" xlink:label="lab_ocn_CostOfFundsMember_3B2DBAB3F43C0B2FCC401789701BF974" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of Funds [Member]</link:label>
    <link:label id="lab_ocn_CostOfFundsMember_3B2DBAB3F43C0B2FCC401789701BF974_label_en-US" xlink:label="lab_ocn_CostOfFundsMember_3B2DBAB3F43C0B2FCC401789701BF974" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost Of Funds [Member]</link:label>
    <link:label id="lab_ocn_CostOfFundsMember_3B2DBAB3F43C0B2FCC401789701BF974_documentation_en-US" xlink:label="lab_ocn_CostOfFundsMember_3B2DBAB3F43C0B2FCC401789701BF974" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cost of funds.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_CostOfFundsMember" xlink:label="loc_ocn_CostOfFundsMember_3B2DBAB3F43C0B2FCC401789701BF974" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CostOfFundsMember_3B2DBAB3F43C0B2FCC401789701BF974" xlink:to="lab_ocn_CostOfFundsMember_3B2DBAB3F43C0B2FCC401789701BF974" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember_81F147AB51E75C260CEB1789701B6FF3_terseLabel_en-US" xlink:label="lab_ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember_81F147AB51E75C260CEB1789701B6FF3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ocwen Freddie Servicer Advance Receivables Trust Series 2012-ADV1 [Member]</link:label>
    <link:label id="lab_ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember_81F147AB51E75C260CEB1789701B6FF3_label_en-US" xlink:label="lab_ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember_81F147AB51E75C260CEB1789701B6FF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen Freddie Advance Receivables Trust Series [Member]</link:label>
    <link:label id="lab_ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember_81F147AB51E75C260CEB1789701B6FF3_documentation_en-US" xlink:label="lab_ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember_81F147AB51E75C260CEB1789701B6FF3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ocwen Freddie advance receivables trust series.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember" xlink:label="loc_ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember_81F147AB51E75C260CEB1789701B6FF3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember_81F147AB51E75C260CEB1789701B6FF3" xlink:to="lab_ocn_OcwenFreddieAdvanceReceivablesTrustSeriesMember_81F147AB51E75C260CEB1789701B6FF3" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenServicerAdvanceFundingMember_8ECEEEAB7E81FD1EFD251789701CE8FB_terseLabel_en-US" xlink:label="lab_ocn_OcwenServicerAdvanceFundingMember_8ECEEEAB7E81FD1EFD251789701CE8FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ocwen Servicer Advance Funding (SBC) Note [Member]</link:label>
    <link:label id="lab_ocn_OcwenServicerAdvanceFundingMember_8ECEEEAB7E81FD1EFD251789701CE8FB_label_en-US" xlink:label="lab_ocn_OcwenServicerAdvanceFundingMember_8ECEEEAB7E81FD1EFD251789701CE8FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen Servicer Advance Funding [Member]</link:label>
    <link:label id="lab_ocn_OcwenServicerAdvanceFundingMember_8ECEEEAB7E81FD1EFD251789701CE8FB_documentation_en-US" xlink:label="lab_ocn_OcwenServicerAdvanceFundingMember_8ECEEEAB7E81FD1EFD251789701CE8FB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ocwen servicer advance funding.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OcwenServicerAdvanceFundingMember" xlink:label="loc_ocn_OcwenServicerAdvanceFundingMember_8ECEEEAB7E81FD1EFD251789701CE8FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenServicerAdvanceFundingMember_8ECEEEAB7E81FD1EFD251789701CE8FB" xlink:to="lab_ocn_OcwenServicerAdvanceFundingMember_8ECEEEAB7E81FD1EFD251789701CE8FB" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA2VariableFundingNoteMember_6C4C89BBDE97D9BE6F241789701CE1C7_terseLabel_en-US" xlink:label="lab_ocn_ClassA2VariableFundingNoteMember_6C4C89BBDE97D9BE6F241789701CE1C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2013-VF2, Class A [Member]</link:label>
    <link:label id="lab_ocn_ClassA2VariableFundingNoteMember_6C4C89BBDE97D9BE6F241789701CE1C7_label_en-US" xlink:label="lab_ocn_ClassA2VariableFundingNoteMember_6C4C89BBDE97D9BE6F241789701CE1C7" 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_6C4C89BBDE97D9BE6F241789701CE1C7_documentation_en-US" xlink:label="lab_ocn_ClassA2VariableFundingNoteMember_6C4C89BBDE97D9BE6F241789701CE1C7" 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-20151231.xsd#ocn_ClassA2VariableFundingNoteMember" xlink:label="loc_ocn_ClassA2VariableFundingNoteMember_6C4C89BBDE97D9BE6F241789701CE1C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA2VariableFundingNoteMember_6C4C89BBDE97D9BE6F241789701CE1C7" xlink:to="lab_ocn_ClassA2VariableFundingNoteMember_6C4C89BBDE97D9BE6F241789701CE1C7" xlink:type="arc" />
    <link:label id="lab_ocn_ClassB2VariableFundingNoteMember_004FA7A176B5C94A4E031789701C7CFF_terseLabel_en-US" xlink:label="lab_ocn_ClassB2VariableFundingNoteMember_004FA7A176B5C94A4E031789701C7CFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2013-VF2, Class B [Member]</link:label>
    <link:label id="lab_ocn_ClassB2VariableFundingNoteMember_004FA7A176B5C94A4E031789701C7CFF_label_en-US" xlink:label="lab_ocn_ClassB2VariableFundingNoteMember_004FA7A176B5C94A4E031789701C7CFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B2 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassB2VariableFundingNoteMember_004FA7A176B5C94A4E031789701C7CFF_documentation_en-US" xlink:label="lab_ocn_ClassB2VariableFundingNoteMember_004FA7A176B5C94A4E031789701C7CFF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class B2 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassB2VariableFundingNoteMember" xlink:label="loc_ocn_ClassB2VariableFundingNoteMember_004FA7A176B5C94A4E031789701C7CFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassB2VariableFundingNoteMember_004FA7A176B5C94A4E031789701C7CFF" xlink:to="lab_ocn_ClassB2VariableFundingNoteMember_004FA7A176B5C94A4E031789701C7CFF" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA3VariableFundingNoteMember_592EC24C39E9DE4ACDFE1789701C1095_terseLabel_en-US" xlink:label="lab_ocn_ClassA3VariableFundingNoteMember_592EC24C39E9DE4ACDFE1789701C1095" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2014-VF3, Class A [Member]</link:label>
    <link:label id="lab_ocn_ClassA3VariableFundingNoteMember_592EC24C39E9DE4ACDFE1789701C1095_label_en-US" xlink:label="lab_ocn_ClassA3VariableFundingNoteMember_592EC24C39E9DE4ACDFE1789701C1095" 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_592EC24C39E9DE4ACDFE1789701C1095_documentation_en-US" xlink:label="lab_ocn_ClassA3VariableFundingNoteMember_592EC24C39E9DE4ACDFE1789701C1095" 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-20151231.xsd#ocn_ClassA3VariableFundingNoteMember" xlink:label="loc_ocn_ClassA3VariableFundingNoteMember_592EC24C39E9DE4ACDFE1789701C1095" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA3VariableFundingNoteMember_592EC24C39E9DE4ACDFE1789701C1095" xlink:to="lab_ocn_ClassA3VariableFundingNoteMember_592EC24C39E9DE4ACDFE1789701C1095" xlink:type="arc" />
    <link:label id="lab_ocn_ClassB3VariableFundingNoteMember_946128669F9C5FBE85BA1789701CEB41_terseLabel_en-US" xlink:label="lab_ocn_ClassB3VariableFundingNoteMember_946128669F9C5FBE85BA1789701CEB41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2014-VF3, Class B [Member]</link:label>
    <link:label id="lab_ocn_ClassB3VariableFundingNoteMember_946128669F9C5FBE85BA1789701CEB41_label_en-US" xlink:label="lab_ocn_ClassB3VariableFundingNoteMember_946128669F9C5FBE85BA1789701CEB41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B3 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassB3VariableFundingNoteMember_946128669F9C5FBE85BA1789701CEB41_documentation_en-US" xlink:label="lab_ocn_ClassB3VariableFundingNoteMember_946128669F9C5FBE85BA1789701CEB41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class B3 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassB3VariableFundingNoteMember" xlink:label="loc_ocn_ClassB3VariableFundingNoteMember_946128669F9C5FBE85BA1789701CEB41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassB3VariableFundingNoteMember_946128669F9C5FBE85BA1789701CEB41" xlink:to="lab_ocn_ClassB3VariableFundingNoteMember_946128669F9C5FBE85BA1789701CEB41" xlink:type="arc" />
    <link:label id="lab_ocn_ClassC3VariableFundingNoteMember_4E01F35EAD0B6087ADB81789701C644B_terseLabel_en-US" xlink:label="lab_ocn_ClassC3VariableFundingNoteMember_4E01F35EAD0B6087ADB81789701C644B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2014-VF3, Class C [Member]</link:label>
    <link:label id="lab_ocn_ClassC3VariableFundingNoteMember_4E01F35EAD0B6087ADB81789701C644B_label_en-US" xlink:label="lab_ocn_ClassC3VariableFundingNoteMember_4E01F35EAD0B6087ADB81789701C644B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class C3 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassC3VariableFundingNoteMember_4E01F35EAD0B6087ADB81789701C644B_documentation_en-US" xlink:label="lab_ocn_ClassC3VariableFundingNoteMember_4E01F35EAD0B6087ADB81789701C644B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class C3 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassC3VariableFundingNoteMember" xlink:label="loc_ocn_ClassC3VariableFundingNoteMember_4E01F35EAD0B6087ADB81789701C644B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassC3VariableFundingNoteMember_4E01F35EAD0B6087ADB81789701C644B" xlink:to="lab_ocn_ClassC3VariableFundingNoteMember_4E01F35EAD0B6087ADB81789701C644B" xlink:type="arc" />
    <link:label id="lab_ocn_ClassD3VariableFundingNoteMember_A9B3563962BC0183AC1F1789701CD2E4_terseLabel_en-US" xlink:label="lab_ocn_ClassD3VariableFundingNoteMember_A9B3563962BC0183AC1F1789701CD2E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2014-VF3, Class D [Member]</link:label>
    <link:label id="lab_ocn_ClassD3VariableFundingNoteMember_A9B3563962BC0183AC1F1789701CD2E4_label_en-US" xlink:label="lab_ocn_ClassD3VariableFundingNoteMember_A9B3563962BC0183AC1F1789701CD2E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class D3 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassD3VariableFundingNoteMember_A9B3563962BC0183AC1F1789701CD2E4_documentation_en-US" xlink:label="lab_ocn_ClassD3VariableFundingNoteMember_A9B3563962BC0183AC1F1789701CD2E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class D3 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassD3VariableFundingNoteMember" xlink:label="loc_ocn_ClassD3VariableFundingNoteMember_A9B3563962BC0183AC1F1789701CD2E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassD3VariableFundingNoteMember_A9B3563962BC0183AC1F1789701CD2E4" xlink:to="lab_ocn_ClassD3VariableFundingNoteMember_A9B3563962BC0183AC1F1789701CD2E4" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA4VariableFundingNoteMember_C6F2B2250F0D9C57DD641789701C7C19_terseLabel_en-US" xlink:label="lab_ocn_ClassA4VariableFundingNoteMember_C6F2B2250F0D9C57DD641789701C7C19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2014-VF4, Class A [Member]</link:label>
    <link:label id="lab_ocn_ClassA4VariableFundingNoteMember_C6F2B2250F0D9C57DD641789701C7C19_label_en-US" xlink:label="lab_ocn_ClassA4VariableFundingNoteMember_C6F2B2250F0D9C57DD641789701C7C19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A4 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA4VariableFundingNoteMember_C6F2B2250F0D9C57DD641789701C7C19_documentation_en-US" xlink:label="lab_ocn_ClassA4VariableFundingNoteMember_C6F2B2250F0D9C57DD641789701C7C19" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class A4 Variable Funding Note [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassA4VariableFundingNoteMember" xlink:label="loc_ocn_ClassA4VariableFundingNoteMember_C6F2B2250F0D9C57DD641789701C7C19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA4VariableFundingNoteMember_C6F2B2250F0D9C57DD641789701C7C19" xlink:to="lab_ocn_ClassA4VariableFundingNoteMember_C6F2B2250F0D9C57DD641789701C7C19" xlink:type="arc" />
    <link:label id="lab_ocn_ClassB4VariableFundingNoteMember_2D1CD09EFC7754C241991789701C789F_terseLabel_en-US" xlink:label="lab_ocn_ClassB4VariableFundingNoteMember_2D1CD09EFC7754C241991789701C789F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2014-VF4, Class B [Member]</link:label>
    <link:label id="lab_ocn_ClassB4VariableFundingNoteMember_2D1CD09EFC7754C241991789701C789F_label_en-US" xlink:label="lab_ocn_ClassB4VariableFundingNoteMember_2D1CD09EFC7754C241991789701C789F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B4 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassB4VariableFundingNoteMember_2D1CD09EFC7754C241991789701C789F_documentation_en-US" xlink:label="lab_ocn_ClassB4VariableFundingNoteMember_2D1CD09EFC7754C241991789701C789F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class B4 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassB4VariableFundingNoteMember" xlink:label="loc_ocn_ClassB4VariableFundingNoteMember_2D1CD09EFC7754C241991789701C789F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassB4VariableFundingNoteMember_2D1CD09EFC7754C241991789701C789F" xlink:to="lab_ocn_ClassB4VariableFundingNoteMember_2D1CD09EFC7754C241991789701C789F" xlink:type="arc" />
    <link:label id="lab_ocn_ClassC4VariableFundingNoteMember_14F33D37FAD77D73A7651789701CD23A_terseLabel_en-US" xlink:label="lab_ocn_ClassC4VariableFundingNoteMember_14F33D37FAD77D73A7651789701CD23A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2014-VF4, Class C [Member]</link:label>
    <link:label id="lab_ocn_ClassC4VariableFundingNoteMember_14F33D37FAD77D73A7651789701CD23A_label_en-US" xlink:label="lab_ocn_ClassC4VariableFundingNoteMember_14F33D37FAD77D73A7651789701CD23A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class C4 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassC4VariableFundingNoteMember_14F33D37FAD77D73A7651789701CD23A_documentation_en-US" xlink:label="lab_ocn_ClassC4VariableFundingNoteMember_14F33D37FAD77D73A7651789701CD23A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class C4 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassC4VariableFundingNoteMember" xlink:label="loc_ocn_ClassC4VariableFundingNoteMember_14F33D37FAD77D73A7651789701CD23A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassC4VariableFundingNoteMember_14F33D37FAD77D73A7651789701CD23A" xlink:to="lab_ocn_ClassC4VariableFundingNoteMember_14F33D37FAD77D73A7651789701CD23A" xlink:type="arc" />
    <link:label id="lab_ocn_ClassD4VariableFundingNoteMember_E843C5CAFA7DF59D51CA1789701C9B5A_terseLabel_en-US" xlink:label="lab_ocn_ClassD4VariableFundingNoteMember_E843C5CAFA7DF59D51CA1789701C9B5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2014-VF4, Class D [Member]</link:label>
    <link:label id="lab_ocn_ClassD4VariableFundingNoteMember_E843C5CAFA7DF59D51CA1789701C9B5A_label_en-US" xlink:label="lab_ocn_ClassD4VariableFundingNoteMember_E843C5CAFA7DF59D51CA1789701C9B5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class D4 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassD4VariableFundingNoteMember_E843C5CAFA7DF59D51CA1789701C9B5A_documentation_en-US" xlink:label="lab_ocn_ClassD4VariableFundingNoteMember_E843C5CAFA7DF59D51CA1789701C9B5A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class D4 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassD4VariableFundingNoteMember" xlink:label="loc_ocn_ClassD4VariableFundingNoteMember_E843C5CAFA7DF59D51CA1789701C9B5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassD4VariableFundingNoteMember_E843C5CAFA7DF59D51CA1789701C9B5A" xlink:to="lab_ocn_ClassD4VariableFundingNoteMember_E843C5CAFA7DF59D51CA1789701C9B5A" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA5VariableFundingNoteMember_64FF2A010B509B3C980B1789701C8A10_terseLabel_en-US" xlink:label="lab_ocn_ClassA5VariableFundingNoteMember_64FF2A010B509B3C980B1789701C8A10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-VF5, Class A [Member]</link:label>
    <link:label id="lab_ocn_ClassA5VariableFundingNoteMember_64FF2A010B509B3C980B1789701C8A10_label_en-US" xlink:label="lab_ocn_ClassA5VariableFundingNoteMember_64FF2A010B509B3C980B1789701C8A10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A5 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA5VariableFundingNoteMember_64FF2A010B509B3C980B1789701C8A10_documentation_en-US" xlink:label="lab_ocn_ClassA5VariableFundingNoteMember_64FF2A010B509B3C980B1789701C8A10" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class A5 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassA5VariableFundingNoteMember" xlink:label="loc_ocn_ClassA5VariableFundingNoteMember_64FF2A010B509B3C980B1789701C8A10" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA5VariableFundingNoteMember_64FF2A010B509B3C980B1789701C8A10" xlink:to="lab_ocn_ClassA5VariableFundingNoteMember_64FF2A010B509B3C980B1789701C8A10" xlink:type="arc" />
    <link:label id="lab_ocn_ClassB5VariableFundingNoteMember_2A67DAE54DE0C0D746CE1789701C8433_terseLabel_en-US" xlink:label="lab_ocn_ClassB5VariableFundingNoteMember_2A67DAE54DE0C0D746CE1789701C8433" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-VF5, Class B [Member]</link:label>
    <link:label id="lab_ocn_ClassB5VariableFundingNoteMember_2A67DAE54DE0C0D746CE1789701C8433_label_en-US" xlink:label="lab_ocn_ClassB5VariableFundingNoteMember_2A67DAE54DE0C0D746CE1789701C8433" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B5 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassB5VariableFundingNoteMember_2A67DAE54DE0C0D746CE1789701C8433_documentation_en-US" xlink:label="lab_ocn_ClassB5VariableFundingNoteMember_2A67DAE54DE0C0D746CE1789701C8433" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class B5 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassB5VariableFundingNoteMember" xlink:label="loc_ocn_ClassB5VariableFundingNoteMember_2A67DAE54DE0C0D746CE1789701C8433" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassB5VariableFundingNoteMember_2A67DAE54DE0C0D746CE1789701C8433" xlink:to="lab_ocn_ClassB5VariableFundingNoteMember_2A67DAE54DE0C0D746CE1789701C8433" xlink:type="arc" />
    <link:label id="lab_ocn_ClassC5VariableFundingNoteMember_54AF4FDBD041BF20581E1789701C0475_terseLabel_en-US" xlink:label="lab_ocn_ClassC5VariableFundingNoteMember_54AF4FDBD041BF20581E1789701C0475" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-VF5, Class C [Member]</link:label>
    <link:label id="lab_ocn_ClassC5VariableFundingNoteMember_54AF4FDBD041BF20581E1789701C0475_label_en-US" xlink:label="lab_ocn_ClassC5VariableFundingNoteMember_54AF4FDBD041BF20581E1789701C0475" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class C5 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassC5VariableFundingNoteMember_54AF4FDBD041BF20581E1789701C0475_documentation_en-US" xlink:label="lab_ocn_ClassC5VariableFundingNoteMember_54AF4FDBD041BF20581E1789701C0475" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class C5 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassC5VariableFundingNoteMember" xlink:label="loc_ocn_ClassC5VariableFundingNoteMember_54AF4FDBD041BF20581E1789701C0475" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassC5VariableFundingNoteMember_54AF4FDBD041BF20581E1789701C0475" xlink:to="lab_ocn_ClassC5VariableFundingNoteMember_54AF4FDBD041BF20581E1789701C0475" xlink:type="arc" />
    <link:label id="lab_ocn_ClassD5VariableFundingNoteMember_FD3BE0D2F226C26C60581789701C6C32_terseLabel_en-US" xlink:label="lab_ocn_ClassD5VariableFundingNoteMember_FD3BE0D2F226C26C60581789701C6C32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-VF5, Class D [Member]</link:label>
    <link:label id="lab_ocn_ClassD5VariableFundingNoteMember_FD3BE0D2F226C26C60581789701C6C32_label_en-US" xlink:label="lab_ocn_ClassD5VariableFundingNoteMember_FD3BE0D2F226C26C60581789701C6C32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class D5 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassD5VariableFundingNoteMember_FD3BE0D2F226C26C60581789701C6C32_documentation_en-US" xlink:label="lab_ocn_ClassD5VariableFundingNoteMember_FD3BE0D2F226C26C60581789701C6C32" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class D5 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassD5VariableFundingNoteMember" xlink:label="loc_ocn_ClassD5VariableFundingNoteMember_FD3BE0D2F226C26C60581789701C6C32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassD5VariableFundingNoteMember_FD3BE0D2F226C26C60581789701C6C32" xlink:to="lab_ocn_ClassD5VariableFundingNoteMember_FD3BE0D2F226C26C60581789701C6C32" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA1Series2015TermNotesMember_D737CA3565FC1813D8DA1789701D60BA_terseLabel_en-US" xlink:label="lab_ocn_ClassA1Series2015TermNotesMember_D737CA3565FC1813D8DA1789701D60BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T1, Class A [Member]</link:label>
    <link:label id="lab_ocn_ClassA1Series2015TermNotesMember_D737CA3565FC1813D8DA1789701D60BA_label_en-US" xlink:label="lab_ocn_ClassA1Series2015TermNotesMember_D737CA3565FC1813D8DA1789701D60BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A1 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassA1Series2015TermNotesMember_D737CA3565FC1813D8DA1789701D60BA_documentation_en-US" xlink:label="lab_ocn_ClassA1Series2015TermNotesMember_D737CA3565FC1813D8DA1789701D60BA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class A1 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassA1Series2015TermNotesMember" xlink:label="loc_ocn_ClassA1Series2015TermNotesMember_D737CA3565FC1813D8DA1789701D60BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA1Series2015TermNotesMember_D737CA3565FC1813D8DA1789701D60BA" xlink:to="lab_ocn_ClassA1Series2015TermNotesMember_D737CA3565FC1813D8DA1789701D60BA" xlink:type="arc" />
    <link:label id="lab_ocn_ClassB1Series2015TermNotesMember_967D9DA291C3B39349B61789701D4FB5_terseLabel_en-US" xlink:label="lab_ocn_ClassB1Series2015TermNotesMember_967D9DA291C3B39349B61789701D4FB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T1, Class B [Member]</link:label>
    <link:label id="lab_ocn_ClassB1Series2015TermNotesMember_967D9DA291C3B39349B61789701D4FB5_label_en-US" xlink:label="lab_ocn_ClassB1Series2015TermNotesMember_967D9DA291C3B39349B61789701D4FB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B1 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassB1Series2015TermNotesMember_967D9DA291C3B39349B61789701D4FB5_documentation_en-US" xlink:label="lab_ocn_ClassB1Series2015TermNotesMember_967D9DA291C3B39349B61789701D4FB5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class B1 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassB1Series2015TermNotesMember" xlink:label="loc_ocn_ClassB1Series2015TermNotesMember_967D9DA291C3B39349B61789701D4FB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassB1Series2015TermNotesMember_967D9DA291C3B39349B61789701D4FB5" xlink:to="lab_ocn_ClassB1Series2015TermNotesMember_967D9DA291C3B39349B61789701D4FB5" xlink:type="arc" />
    <link:label id="lab_ocn_ClassC1Series2015TermNotesMember_E6120E62AC427579807E1789701DB4FA_terseLabel_en-US" xlink:label="lab_ocn_ClassC1Series2015TermNotesMember_E6120E62AC427579807E1789701DB4FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T1, Class C [Member]</link:label>
    <link:label id="lab_ocn_ClassC1Series2015TermNotesMember_E6120E62AC427579807E1789701DB4FA_label_en-US" xlink:label="lab_ocn_ClassC1Series2015TermNotesMember_E6120E62AC427579807E1789701DB4FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class C1 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassC1Series2015TermNotesMember_E6120E62AC427579807E1789701DB4FA_documentation_en-US" xlink:label="lab_ocn_ClassC1Series2015TermNotesMember_E6120E62AC427579807E1789701DB4FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class C1 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassC1Series2015TermNotesMember" xlink:label="loc_ocn_ClassC1Series2015TermNotesMember_E6120E62AC427579807E1789701DB4FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassC1Series2015TermNotesMember_E6120E62AC427579807E1789701DB4FA" xlink:to="lab_ocn_ClassC1Series2015TermNotesMember_E6120E62AC427579807E1789701DB4FA" xlink:type="arc" />
    <link:label id="lab_ocn_ClassD1Series2015TermNotesMember_BEB2AA0DFD8A5AE636651789701D5B41_terseLabel_en-US" xlink:label="lab_ocn_ClassD1Series2015TermNotesMember_BEB2AA0DFD8A5AE636651789701D5B41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T1, Class D [Member]</link:label>
    <link:label id="lab_ocn_ClassD1Series2015TermNotesMember_BEB2AA0DFD8A5AE636651789701D5B41_label_en-US" xlink:label="lab_ocn_ClassD1Series2015TermNotesMember_BEB2AA0DFD8A5AE636651789701D5B41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class D1 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassD1Series2015TermNotesMember_BEB2AA0DFD8A5AE636651789701D5B41_documentation_en-US" xlink:label="lab_ocn_ClassD1Series2015TermNotesMember_BEB2AA0DFD8A5AE636651789701D5B41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class D1 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassD1Series2015TermNotesMember" xlink:label="loc_ocn_ClassD1Series2015TermNotesMember_BEB2AA0DFD8A5AE636651789701D5B41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassD1Series2015TermNotesMember_BEB2AA0DFD8A5AE636651789701D5B41" xlink:to="lab_ocn_ClassD1Series2015TermNotesMember_BEB2AA0DFD8A5AE636651789701D5B41" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA2Series2015TermNotesMember_04B165602D9D4404A3DC1789701DF21E_terseLabel_en-US" xlink:label="lab_ocn_ClassA2Series2015TermNotesMember_04B165602D9D4404A3DC1789701DF21E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T2, Class A [Member]</link:label>
    <link:label id="lab_ocn_ClassA2Series2015TermNotesMember_04B165602D9D4404A3DC1789701DF21E_label_en-US" xlink:label="lab_ocn_ClassA2Series2015TermNotesMember_04B165602D9D4404A3DC1789701DF21E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A2 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassA2Series2015TermNotesMember_04B165602D9D4404A3DC1789701DF21E_documentation_en-US" xlink:label="lab_ocn_ClassA2Series2015TermNotesMember_04B165602D9D4404A3DC1789701DF21E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class A2 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassA2Series2015TermNotesMember" xlink:label="loc_ocn_ClassA2Series2015TermNotesMember_04B165602D9D4404A3DC1789701DF21E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA2Series2015TermNotesMember_04B165602D9D4404A3DC1789701DF21E" xlink:to="lab_ocn_ClassA2Series2015TermNotesMember_04B165602D9D4404A3DC1789701DF21E" xlink:type="arc" />
    <link:label id="lab_ocn_ClassB2Series2015TermNotesMember_C764DC84342605A108CC1789701D54B2_terseLabel_en-US" xlink:label="lab_ocn_ClassB2Series2015TermNotesMember_C764DC84342605A108CC1789701D54B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T2, Class B [Member]</link:label>
    <link:label id="lab_ocn_ClassB2Series2015TermNotesMember_C764DC84342605A108CC1789701D54B2_label_en-US" xlink:label="lab_ocn_ClassB2Series2015TermNotesMember_C764DC84342605A108CC1789701D54B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B2 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassB2Series2015TermNotesMember_C764DC84342605A108CC1789701D54B2_documentation_en-US" xlink:label="lab_ocn_ClassB2Series2015TermNotesMember_C764DC84342605A108CC1789701D54B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class B2 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassB2Series2015TermNotesMember" xlink:label="loc_ocn_ClassB2Series2015TermNotesMember_C764DC84342605A108CC1789701D54B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassB2Series2015TermNotesMember_C764DC84342605A108CC1789701D54B2" xlink:to="lab_ocn_ClassB2Series2015TermNotesMember_C764DC84342605A108CC1789701D54B2" xlink:type="arc" />
    <link:label id="lab_ocn_ClassC2Series2015TermNotesMember_011BF327DB7CB7C975C91789701D6BD8_terseLabel_en-US" xlink:label="lab_ocn_ClassC2Series2015TermNotesMember_011BF327DB7CB7C975C91789701D6BD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T2, Class C [Member]</link:label>
    <link:label id="lab_ocn_ClassC2Series2015TermNotesMember_011BF327DB7CB7C975C91789701D6BD8_label_en-US" xlink:label="lab_ocn_ClassC2Series2015TermNotesMember_011BF327DB7CB7C975C91789701D6BD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class C2 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassC2Series2015TermNotesMember_011BF327DB7CB7C975C91789701D6BD8_documentation_en-US" xlink:label="lab_ocn_ClassC2Series2015TermNotesMember_011BF327DB7CB7C975C91789701D6BD8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class C2 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassC2Series2015TermNotesMember" xlink:label="loc_ocn_ClassC2Series2015TermNotesMember_011BF327DB7CB7C975C91789701D6BD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassC2Series2015TermNotesMember_011BF327DB7CB7C975C91789701D6BD8" xlink:to="lab_ocn_ClassC2Series2015TermNotesMember_011BF327DB7CB7C975C91789701D6BD8" xlink:type="arc" />
    <link:label id="lab_ocn_ClassD2Series2015TermNotesMember_FDA2707A0C91DE4AB1E01789701D54DA_terseLabel_en-US" xlink:label="lab_ocn_ClassD2Series2015TermNotesMember_FDA2707A0C91DE4AB1E01789701D54DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T2, Class D [Member]</link:label>
    <link:label id="lab_ocn_ClassD2Series2015TermNotesMember_FDA2707A0C91DE4AB1E01789701D54DA_label_en-US" xlink:label="lab_ocn_ClassD2Series2015TermNotesMember_FDA2707A0C91DE4AB1E01789701D54DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class D2 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassD2Series2015TermNotesMember_FDA2707A0C91DE4AB1E01789701D54DA_documentation_en-US" xlink:label="lab_ocn_ClassD2Series2015TermNotesMember_FDA2707A0C91DE4AB1E01789701D54DA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class D2 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassD2Series2015TermNotesMember" xlink:label="loc_ocn_ClassD2Series2015TermNotesMember_FDA2707A0C91DE4AB1E01789701D54DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassD2Series2015TermNotesMember_FDA2707A0C91DE4AB1E01789701D54DA" xlink:to="lab_ocn_ClassD2Series2015TermNotesMember_FDA2707A0C91DE4AB1E01789701D54DA" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA3Series2015TermNotesMember_42474099F718255AFF3D1789701D0E8F_terseLabel_en-US" xlink:label="lab_ocn_ClassA3Series2015TermNotesMember_42474099F718255AFF3D1789701D0E8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T3, Class A [Member]</link:label>
    <link:label id="lab_ocn_ClassA3Series2015TermNotesMember_42474099F718255AFF3D1789701D0E8F_label_en-US" xlink:label="lab_ocn_ClassA3Series2015TermNotesMember_42474099F718255AFF3D1789701D0E8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A3 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassA3Series2015TermNotesMember_42474099F718255AFF3D1789701D0E8F_documentation_en-US" xlink:label="lab_ocn_ClassA3Series2015TermNotesMember_42474099F718255AFF3D1789701D0E8F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class A3 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassA3Series2015TermNotesMember" xlink:label="loc_ocn_ClassA3Series2015TermNotesMember_42474099F718255AFF3D1789701D0E8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA3Series2015TermNotesMember_42474099F718255AFF3D1789701D0E8F" xlink:to="lab_ocn_ClassA3Series2015TermNotesMember_42474099F718255AFF3D1789701D0E8F" xlink:type="arc" />
    <link:label id="lab_ocn_ClassB3Series2015TermNotesMember_76DF705A9F244F194EFC1789701D39AB_terseLabel_en-US" xlink:label="lab_ocn_ClassB3Series2015TermNotesMember_76DF705A9F244F194EFC1789701D39AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T3, Class B [Member]</link:label>
    <link:label id="lab_ocn_ClassB3Series2015TermNotesMember_76DF705A9F244F194EFC1789701D39AB_label_en-US" xlink:label="lab_ocn_ClassB3Series2015TermNotesMember_76DF705A9F244F194EFC1789701D39AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B3 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassB3Series2015TermNotesMember_76DF705A9F244F194EFC1789701D39AB_documentation_en-US" xlink:label="lab_ocn_ClassB3Series2015TermNotesMember_76DF705A9F244F194EFC1789701D39AB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class B3 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassB3Series2015TermNotesMember" xlink:label="loc_ocn_ClassB3Series2015TermNotesMember_76DF705A9F244F194EFC1789701D39AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassB3Series2015TermNotesMember_76DF705A9F244F194EFC1789701D39AB" xlink:to="lab_ocn_ClassB3Series2015TermNotesMember_76DF705A9F244F194EFC1789701D39AB" xlink:type="arc" />
    <link:label id="lab_ocn_ClassC3Series2015TermNotesMember_5F75716C2336657F59091789701DD3FE_terseLabel_en-US" xlink:label="lab_ocn_ClassC3Series2015TermNotesMember_5F75716C2336657F59091789701DD3FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T3, Class C [Member]</link:label>
    <link:label id="lab_ocn_ClassC3Series2015TermNotesMember_5F75716C2336657F59091789701DD3FE_label_en-US" xlink:label="lab_ocn_ClassC3Series2015TermNotesMember_5F75716C2336657F59091789701DD3FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class C3 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassC3Series2015TermNotesMember_5F75716C2336657F59091789701DD3FE_documentation_en-US" xlink:label="lab_ocn_ClassC3Series2015TermNotesMember_5F75716C2336657F59091789701DD3FE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class C3 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassC3Series2015TermNotesMember" xlink:label="loc_ocn_ClassC3Series2015TermNotesMember_5F75716C2336657F59091789701DD3FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassC3Series2015TermNotesMember_5F75716C2336657F59091789701DD3FE" xlink:to="lab_ocn_ClassC3Series2015TermNotesMember_5F75716C2336657F59091789701DD3FE" xlink:type="arc" />
    <link:label id="lab_ocn_ClassD3Series2015TermNotesMember_AE696C02FC550C6B5F4D1789701D6E09_terseLabel_en-US" xlink:label="lab_ocn_ClassD3Series2015TermNotesMember_AE696C02FC550C6B5F4D1789701D6E09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes - Series 2015-T3, Class D [Member]</link:label>
    <link:label id="lab_ocn_ClassD3Series2015TermNotesMember_AE696C02FC550C6B5F4D1789701D6E09_label_en-US" xlink:label="lab_ocn_ClassD3Series2015TermNotesMember_AE696C02FC550C6B5F4D1789701D6E09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class D3 Series 2015 Term Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassD3Series2015TermNotesMember_AE696C02FC550C6B5F4D1789701D6E09_documentation_en-US" xlink:label="lab_ocn_ClassD3Series2015TermNotesMember_AE696C02FC550C6B5F4D1789701D6E09" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class D3 series 2015 term notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassD3Series2015TermNotesMember" xlink:label="loc_ocn_ClassD3Series2015TermNotesMember_AE696C02FC550C6B5F4D1789701D6E09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassD3Series2015TermNotesMember_AE696C02FC550C6B5F4D1789701D6E09" xlink:to="lab_ocn_ClassD3Series2015TermNotesMember_AE696C02FC550C6B5F4D1789701D6E09" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA1VariableFundingNoteMember_8D25192373CCC6EFD5981789701D3D36_terseLabel_en-US" xlink:label="lab_ocn_ClassA1VariableFundingNoteMember_8D25192373CCC6EFD5981789701D3D36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2014-VF1, Class A [Member]</link:label>
    <link:label id="lab_ocn_ClassA1VariableFundingNoteMember_8D25192373CCC6EFD5981789701D3D36_label_en-US" xlink:label="lab_ocn_ClassA1VariableFundingNoteMember_8D25192373CCC6EFD5981789701D3D36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A1 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA1VariableFundingNoteMember_8D25192373CCC6EFD5981789701D3D36_documentation_en-US" xlink:label="lab_ocn_ClassA1VariableFundingNoteMember_8D25192373CCC6EFD5981789701D3D36" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class A1 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassA1VariableFundingNoteMember" xlink:label="loc_ocn_ClassA1VariableFundingNoteMember_8D25192373CCC6EFD5981789701D3D36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA1VariableFundingNoteMember_8D25192373CCC6EFD5981789701D3D36" xlink:to="lab_ocn_ClassA1VariableFundingNoteMember_8D25192373CCC6EFD5981789701D3D36" xlink:type="arc" />
    <link:label id="lab_ocn_ClassB1VariableFundingNoteMember_42CA4BC555D0C43C6E991789701D3456_terseLabel_en-US" xlink:label="lab_ocn_ClassB1VariableFundingNoteMember_42CA4BC555D0C43C6E991789701D3456" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2014-VF1, Class B [Member]</link:label>
    <link:label id="lab_ocn_ClassB1VariableFundingNoteMember_42CA4BC555D0C43C6E991789701D3456_label_en-US" xlink:label="lab_ocn_ClassB1VariableFundingNoteMember_42CA4BC555D0C43C6E991789701D3456" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B1 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassB1VariableFundingNoteMember_42CA4BC555D0C43C6E991789701D3456_documentation_en-US" xlink:label="lab_ocn_ClassB1VariableFundingNoteMember_42CA4BC555D0C43C6E991789701D3456" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class B1 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassB1VariableFundingNoteMember" xlink:label="loc_ocn_ClassB1VariableFundingNoteMember_42CA4BC555D0C43C6E991789701D3456" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassB1VariableFundingNoteMember_42CA4BC555D0C43C6E991789701D3456" xlink:to="lab_ocn_ClassB1VariableFundingNoteMember_42CA4BC555D0C43C6E991789701D3456" xlink:type="arc" />
    <link:label id="lab_ocn_ClassC1VariableFundingNoteMember_5DD6D27859546B25513E1789701D349E_terseLabel_en-US" xlink:label="lab_ocn_ClassC1VariableFundingNoteMember_5DD6D27859546B25513E1789701D349E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2014-VF1, Class C [Member]</link:label>
    <link:label id="lab_ocn_ClassC1VariableFundingNoteMember_5DD6D27859546B25513E1789701D349E_label_en-US" xlink:label="lab_ocn_ClassC1VariableFundingNoteMember_5DD6D27859546B25513E1789701D349E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class C1 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassC1VariableFundingNoteMember_5DD6D27859546B25513E1789701D349E_documentation_en-US" xlink:label="lab_ocn_ClassC1VariableFundingNoteMember_5DD6D27859546B25513E1789701D349E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class C1 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassC1VariableFundingNoteMember" xlink:label="loc_ocn_ClassC1VariableFundingNoteMember_5DD6D27859546B25513E1789701D349E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassC1VariableFundingNoteMember_5DD6D27859546B25513E1789701D349E" xlink:to="lab_ocn_ClassC1VariableFundingNoteMember_5DD6D27859546B25513E1789701D349E" xlink:type="arc" />
    <link:label id="lab_ocn_ClassD1VariableFundingNoteMember_83E140E98EF08CD649691789701E8CA3_terseLabel_en-US" xlink:label="lab_ocn_ClassD1VariableFundingNoteMember_83E140E98EF08CD649691789701E8CA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2014-VF1, Class D [Member]</link:label>
    <link:label id="lab_ocn_ClassD1VariableFundingNoteMember_83E140E98EF08CD649691789701E8CA3_label_en-US" xlink:label="lab_ocn_ClassD1VariableFundingNoteMember_83E140E98EF08CD649691789701E8CA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class D1 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassD1VariableFundingNoteMember_83E140E98EF08CD649691789701E8CA3_documentation_en-US" xlink:label="lab_ocn_ClassD1VariableFundingNoteMember_83E140E98EF08CD649691789701E8CA3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class D1 variable funding note.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassD1VariableFundingNoteMember" xlink:label="loc_ocn_ClassD1VariableFundingNoteMember_83E140E98EF08CD649691789701E8CA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassD1VariableFundingNoteMember_83E140E98EF08CD649691789701E8CA3" xlink:to="lab_ocn_ClassD1VariableFundingNoteMember_83E140E98EF08CD649691789701E8CA3" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA1Series2015VariableFundingNotesMember_EB46BE9B62CDD4EB862E1789701EB425_terseLabel_en-US" xlink:label="lab_ocn_ClassA1Series2015VariableFundingNotesMember_EB46BE9B62CDD4EB862E1789701EB425" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2015-VF1, Class A [Member]</link:label>
    <link:label id="lab_ocn_ClassA1Series2015VariableFundingNotesMember_EB46BE9B62CDD4EB862E1789701EB425_label_en-US" xlink:label="lab_ocn_ClassA1Series2015VariableFundingNotesMember_EB46BE9B62CDD4EB862E1789701EB425" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A1 Series 2015 Variable Funding Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassA1Series2015VariableFundingNotesMember_EB46BE9B62CDD4EB862E1789701EB425_documentation_en-US" xlink:label="lab_ocn_ClassA1Series2015VariableFundingNotesMember_EB46BE9B62CDD4EB862E1789701EB425" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class A1 series 2015 variable funding notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassA1Series2015VariableFundingNotesMember" xlink:label="loc_ocn_ClassA1Series2015VariableFundingNotesMember_EB46BE9B62CDD4EB862E1789701EB425" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA1Series2015VariableFundingNotesMember_EB46BE9B62CDD4EB862E1789701EB425" xlink:to="lab_ocn_ClassA1Series2015VariableFundingNotesMember_EB46BE9B62CDD4EB862E1789701EB425" xlink:type="arc" />
    <link:label id="lab_ocn_ClassB1Series2015VariableFundingNotesMember_2EF360EBC9ACC991B93E1789701E6A38_terseLabel_en-US" xlink:label="lab_ocn_ClassB1Series2015VariableFundingNotesMember_2EF360EBC9ACC991B93E1789701E6A38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2015-VF1, Class B [Member]</link:label>
    <link:label id="lab_ocn_ClassB1Series2015VariableFundingNotesMember_2EF360EBC9ACC991B93E1789701E6A38_label_en-US" xlink:label="lab_ocn_ClassB1Series2015VariableFundingNotesMember_2EF360EBC9ACC991B93E1789701E6A38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B1 Series 2015 Variable Funding Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassB1Series2015VariableFundingNotesMember_2EF360EBC9ACC991B93E1789701E6A38_documentation_en-US" xlink:label="lab_ocn_ClassB1Series2015VariableFundingNotesMember_2EF360EBC9ACC991B93E1789701E6A38" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class B1 series 2015 variable funding notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassB1Series2015VariableFundingNotesMember" xlink:label="loc_ocn_ClassB1Series2015VariableFundingNotesMember_2EF360EBC9ACC991B93E1789701E6A38" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassB1Series2015VariableFundingNotesMember_2EF360EBC9ACC991B93E1789701E6A38" xlink:to="lab_ocn_ClassB1Series2015VariableFundingNotesMember_2EF360EBC9ACC991B93E1789701E6A38" xlink:type="arc" />
    <link:label id="lab_ocn_ClassC1Series2015VariableFundingNotesMember_ED45B0C7BEDBFD75F16C1789701E942B_terseLabel_en-US" xlink:label="lab_ocn_ClassC1Series2015VariableFundingNotesMember_ED45B0C7BEDBFD75F16C1789701E942B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2015-VF1, Class C [Member]</link:label>
    <link:label id="lab_ocn_ClassC1Series2015VariableFundingNotesMember_ED45B0C7BEDBFD75F16C1789701E942B_label_en-US" xlink:label="lab_ocn_ClassC1Series2015VariableFundingNotesMember_ED45B0C7BEDBFD75F16C1789701E942B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class C1 Series 2015 Variable Funding Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassC1Series2015VariableFundingNotesMember_ED45B0C7BEDBFD75F16C1789701E942B_documentation_en-US" xlink:label="lab_ocn_ClassC1Series2015VariableFundingNotesMember_ED45B0C7BEDBFD75F16C1789701E942B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class C1 series 2015 variable funding notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassC1Series2015VariableFundingNotesMember" xlink:label="loc_ocn_ClassC1Series2015VariableFundingNotesMember_ED45B0C7BEDBFD75F16C1789701E942B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassC1Series2015VariableFundingNotesMember_ED45B0C7BEDBFD75F16C1789701E942B" xlink:to="lab_ocn_ClassC1Series2015VariableFundingNotesMember_ED45B0C7BEDBFD75F16C1789701E942B" xlink:type="arc" />
    <link:label id="lab_ocn_ClassD1Series2015VariableFundingNotesMember_754E78D641767757705B1789701E477C_terseLabel_en-US" xlink:label="lab_ocn_ClassD1Series2015VariableFundingNotesMember_754E78D641767757705B1789701E477C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivables Backed Notes, Series 2015-VF1, Class D [Member]</link:label>
    <link:label id="lab_ocn_ClassD1Series2015VariableFundingNotesMember_754E78D641767757705B1789701E477C_label_en-US" xlink:label="lab_ocn_ClassD1Series2015VariableFundingNotesMember_754E78D641767757705B1789701E477C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class D1 Series 2015 Variable Funding Notes [Member]</link:label>
    <link:label id="lab_ocn_ClassD1Series2015VariableFundingNotesMember_754E78D641767757705B1789701E477C_documentation_en-US" xlink:label="lab_ocn_ClassD1Series2015VariableFundingNotesMember_754E78D641767757705B1789701E477C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class D1 series 2015 variable funding notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ClassD1Series2015VariableFundingNotesMember" xlink:label="loc_ocn_ClassD1Series2015VariableFundingNotesMember_754E78D641767757705B1789701E477C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassD1Series2015VariableFundingNotesMember_754E78D641767757705B1789701E477C" xlink:to="lab_ocn_ClassD1Series2015VariableFundingNotesMember_754E78D641767757705B1789701E477C" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedLiabiltiesMember_EBF8AA4740EC66571F071789701ED79B_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedLiabiltiesMember_EBF8AA4740EC66571F071789701ED79B" 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_EBF8AA4740EC66571F071789701ED79B_label_en-US" xlink:label="lab_ocn_MatchFundedLiabiltiesMember_EBF8AA4740EC66571F071789701ED79B" 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_EBF8AA4740EC66571F071789701ED79B_documentation_en-US" xlink:label="lab_ocn_MatchFundedLiabiltiesMember_EBF8AA4740EC66571F071789701ED79B" 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-20151231.xsd#ocn_MatchFundedLiabiltiesMember" xlink:label="loc_ocn_MatchFundedLiabiltiesMember_EBF8AA4740EC66571F071789701ED79B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedLiabiltiesMember_EBF8AA4740EC66571F071789701ED79B" xlink:to="lab_ocn_MatchFundedLiabiltiesMember_EBF8AA4740EC66571F071789701ED79B" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenMasterAdvanceReceivablesTrustMember_E0C95BD72E7A5B82233A1789701EDB0A_terseLabel_en-US" xlink:label="lab_ocn_OcwenMasterAdvanceReceivablesTrustMember_E0C95BD72E7A5B82233A1789701EDB0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ocwen Master Advance Receivables Trust (OMART) [Member]</link:label>
    <link:label id="lab_ocn_OcwenMasterAdvanceReceivablesTrustMember_E0C95BD72E7A5B82233A1789701EDB0A_label_en-US" xlink:label="lab_ocn_OcwenMasterAdvanceReceivablesTrustMember_E0C95BD72E7A5B82233A1789701EDB0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen Master Advance Receivables Trust [Member]</link:label>
    <link:label id="lab_ocn_OcwenMasterAdvanceReceivablesTrustMember_E0C95BD72E7A5B82233A1789701EDB0A_documentation_en-US" xlink:label="lab_ocn_OcwenMasterAdvanceReceivablesTrustMember_E0C95BD72E7A5B82233A1789701EDB0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ocwen master advance receivables trust.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OcwenMasterAdvanceReceivablesTrustMember" xlink:label="loc_ocn_OcwenMasterAdvanceReceivablesTrustMember_E0C95BD72E7A5B82233A1789701EDB0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenMasterAdvanceReceivablesTrustMember_E0C95BD72E7A5B82233A1789701EDB0A" xlink:to="lab_ocn_OcwenMasterAdvanceReceivablesTrustMember_E0C95BD72E7A5B82233A1789701EDB0A" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenServicerAdvanceReceivablesTrustMember_F02393D2D58CF263B5961789701ED8AB_terseLabel_en-US" xlink:label="lab_ocn_OcwenServicerAdvanceReceivablesTrustMember_F02393D2D58CF263B5961789701ED8AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Ocwen Servicer Advance Receivables Trust III (OSARTIII) [Member]</link:label>
    <link:label id="lab_ocn_OcwenServicerAdvanceReceivablesTrustMember_F02393D2D58CF263B5961789701ED8AB_label_en-US" xlink:label="lab_ocn_OcwenServicerAdvanceReceivablesTrustMember_F02393D2D58CF263B5961789701ED8AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen Servicer Advance Receivables Trust [Member]</link:label>
    <link:label id="lab_ocn_OcwenServicerAdvanceReceivablesTrustMember_F02393D2D58CF263B5961789701ED8AB_documentation_en-US" xlink:label="lab_ocn_OcwenServicerAdvanceReceivablesTrustMember_F02393D2D58CF263B5961789701ED8AB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ocwen servicer advance receivables trust.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OcwenServicerAdvanceReceivablesTrustMember" xlink:label="loc_ocn_OcwenServicerAdvanceReceivablesTrustMember_F02393D2D58CF263B5961789701ED8AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenServicerAdvanceReceivablesTrustMember_F02393D2D58CF263B5961789701ED8AB" xlink:to="lab_ocn_OcwenServicerAdvanceReceivablesTrustMember_F02393D2D58CF263B5961789701ED8AB" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenFreddieAdvanceFundingMember_5288A2934F3E5204BB621789701EFC7A_terseLabel_en-US" xlink:label="lab_ocn_OcwenFreddieAdvanceFundingMember_5288A2934F3E5204BB621789701EFC7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Ocwen Freddie Advance Funding (OFAF) [Member]</link:label>
    <link:label id="lab_ocn_OcwenFreddieAdvanceFundingMember_5288A2934F3E5204BB621789701EFC7A_label_en-US" xlink:label="lab_ocn_OcwenFreddieAdvanceFundingMember_5288A2934F3E5204BB621789701EFC7A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen Freddie Advance Funding [Member]</link:label>
    <link:label id="lab_ocn_OcwenFreddieAdvanceFundingMember_5288A2934F3E5204BB621789701EFC7A_documentation_en-US" xlink:label="lab_ocn_OcwenFreddieAdvanceFundingMember_5288A2934F3E5204BB621789701EFC7A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ocwen Freddie advance funding.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OcwenFreddieAdvanceFundingMember" xlink:label="loc_ocn_OcwenFreddieAdvanceFundingMember_5288A2934F3E5204BB621789701EFC7A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenFreddieAdvanceFundingMember_5288A2934F3E5204BB621789701EFC7A" xlink:to="lab_ocn_OcwenFreddieAdvanceFundingMember_5288A2934F3E5204BB621789701EFC7A" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentAmortizationDate_4FFD57E3FBECEB6E1CF81789701F2FAE_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentAmortizationDate_4FFD57E3FBECEB6E1CF81789701F2FAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization Date</link:label>
    <link:label id="lab_ocn_DebtInstrumentAmortizationDate_4FFD57E3FBECEB6E1CF81789701F2FAE_label_en-US" xlink:label="lab_ocn_DebtInstrumentAmortizationDate_4FFD57E3FBECEB6E1CF81789701F2FAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Amortization Date</link:label>
    <link:label id="lab_ocn_DebtInstrumentAmortizationDate_4FFD57E3FBECEB6E1CF81789701F2FAE_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentAmortizationDate_4FFD57E3FBECEB6E1CF81789701F2FAE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Date when the debt instrument revolving period ends under advance facility note and repayment of the outstanding balance must begin if the note is not renewed or extended presented as month and year.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentAmortizationDate" xlink:label="loc_ocn_DebtInstrumentAmortizationDate_4FFD57E3FBECEB6E1CF81789701F2FAE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentAmortizationDate_4FFD57E3FBECEB6E1CF81789701F2FAE" xlink:to="lab_ocn_DebtInstrumentAmortizationDate_4FFD57E3FBECEB6E1CF81789701F2FAE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_102A1D024BD39122B0B51789701FE107_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_102A1D024BD39122B0B51789701FE107" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Available Committed Borrowing Capacity</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_102A1D024BD39122B0B51789701FE107_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_102A1D024BD39122B0B51789701FE107" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:label="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_102A1D024BD39122B0B51789701FE107" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_102A1D024BD39122B0B51789701FE107" xlink:to="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_102A1D024BD39122B0B51789701FE107" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_E159E43EE6E19257C73F1789701F5DB0_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_E159E43EE6E19257C73F1789701F5DB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average interest rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_E159E43EE6E19257C73F1789701F5DB0_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_E159E43EE6E19257C73F1789701F5DB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Effective Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_E159E43EE6E19257C73F1789701F5DB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_E159E43EE6E19257C73F1789701F5DB0" xlink:to="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_E159E43EE6E19257C73F1789701F5DB0" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofServicingandSubservicingPortfolioTable_BE8913069877BF24373AB1D5BCA5F9A1_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofServicingandSubservicingPortfolioTable_BE8913069877BF24373AB1D5BCA5F9A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Servicing and Subservicing Portfolio [Table]</link:label>
    <link:label id="lab_ocn_ScheduleofServicingandSubservicingPortfolioTable_BE8913069877BF24373AB1D5BCA5F9A1_label_en-US" xlink:label="lab_ocn_ScheduleofServicingandSubservicingPortfolioTable_BE8913069877BF24373AB1D5BCA5F9A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Servicing and Subservicing Portfolio [Table]</link:label>
    <link:label id="lab_ocn_ScheduleofServicingandSubservicingPortfolioTable_BE8913069877BF24373AB1D5BCA5F9A1_documentation_en-US" xlink:label="lab_ocn_ScheduleofServicingandSubservicingPortfolioTable_BE8913069877BF24373AB1D5BCA5F9A1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Servicing and Subservicing Portfolio [Table]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleofServicingandSubservicingPortfolioTable" xlink:label="loc_ocn_ScheduleofServicingandSubservicingPortfolioTable_BE8913069877BF24373AB1D5BCA5F9A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofServicingandSubservicingPortfolioTable_BE8913069877BF24373AB1D5BCA5F9A1" xlink:to="lab_ocn_ScheduleofServicingandSubservicingPortfolioTable_BE8913069877BF24373AB1D5BCA5F9A1" xlink:type="arc" />
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis_91C877D5989276ACBECAB1D5BCA5FEE6_terseLabel_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis_91C877D5989276ACBECAB1D5BCA5FEE6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Loans Serviced By Type Of Financial Instruments [Axis]</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis_91C877D5989276ACBECAB1D5BCA5FEE6_label_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis_91C877D5989276ACBECAB1D5BCA5FEE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Loans Serviced By Type Of Financial Instruments [Axis]</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis_91C877D5989276ACBECAB1D5BCA5FEE6_documentation_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis_91C877D5989276ACBECAB1D5BCA5FEE6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The unpaid principal balance of loans serviced.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis" xlink:label="loc_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis_91C877D5989276ACBECAB1D5BCA5FEE6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis_91C877D5989276ACBECAB1D5BCA5FEE6" xlink:to="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis_91C877D5989276ACBECAB1D5BCA5FEE6" xlink:type="arc" />
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain_77AA70EB44A6C62B9356B1D5BCA56E7E_terseLabel_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain_77AA70EB44A6C62B9356B1D5BCA56E7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Loans Serviced By Type Of Financial Instruments [Domain]</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain_77AA70EB44A6C62B9356B1D5BCA56E7E_label_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain_77AA70EB44A6C62B9356B1D5BCA56E7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Loans Serviced By Type Of Financial Instruments [Domain]</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain_77AA70EB44A6C62B9356B1D5BCA56E7E_documentation_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain_77AA70EB44A6C62B9356B1D5BCA56E7E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents by the type of the instrument unpaid principal balance.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain" xlink:label="loc_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain_77AA70EB44A6C62B9356B1D5BCA56E7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain_77AA70EB44A6C62B9356B1D5BCA56E7E" xlink:to="lab_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain_77AA70EB44A6C62B9356B1D5BCA56E7E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ResidentialMortgageMember_4926264926DD78EECD5EB1D5BCA5C5E6_verboseLabel_en-US" xlink:label="lab_us-gaap_ResidentialMortgageMember_4926264926DD78EECD5EB1D5BCA5C5E6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Residential [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ResidentialMortgageMember" xlink:label="loc_us-gaap_ResidentialMortgageMember_4926264926DD78EECD5EB1D5BCA5C5E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResidentialMortgageMember_4926264926DD78EECD5EB1D5BCA5C5E6" xlink:to="lab_us-gaap_ResidentialMortgageMember_4926264926DD78EECD5EB1D5BCA5C5E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommercialRealEstateMember_CB926C445E1D081FF0B2B1D5BCA5C41F_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialRealEstateMember_CB926C445E1D081FF0B2B1D5BCA5C41F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commercial [Member]</link:label>
    <link:label id="lab_us-gaap_CommercialRealEstateMember_CB926C445E1D081FF0B2B1D5BCA5C41F_label_en-US" xlink:label="lab_us-gaap_CommercialRealEstateMember_CB926C445E1D081FF0B2B1D5BCA5C41F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commercial Real Estate [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommercialRealEstateMember" xlink:label="loc_us-gaap_CommercialRealEstateMember_CB926C445E1D081FF0B2B1D5BCA5C41F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialRealEstateMember_CB926C445E1D081FF0B2B1D5BCA5C41F" xlink:to="lab_us-gaap_CommercialRealEstateMember_CB926C445E1D081FF0B2B1D5BCA5C41F" xlink:type="arc" />
    <link:label id="lab_ocn_TotalMember_444EF7816446B2F07903B1D5BCA56CD8_terseLabel_en-US" xlink:label="lab_ocn_TotalMember_444EF7816446B2F07903B1D5BCA56CD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total [Member]</link:label>
    <link:label id="lab_ocn_TotalMember_444EF7816446B2F07903B1D5BCA56CD8_label_en-US" xlink:label="lab_ocn_TotalMember_444EF7816446B2F07903B1D5BCA56CD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total [Member]</link:label>
    <link:label id="lab_ocn_TotalMember_444EF7816446B2F07903B1D5BCA56CD8_documentation_en-US" xlink:label="lab_ocn_TotalMember_444EF7816446B2F07903B1D5BCA56CD8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sum of several amounts added or considered together.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_TotalMember" xlink:label="loc_ocn_TotalMember_444EF7816446B2F07903B1D5BCA56CD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TotalMember_444EF7816446B2F07903B1D5BCA56CD8" xlink:to="lab_ocn_TotalMember_444EF7816446B2F07903B1D5BCA56CD8" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofServicingandSubservicingPortfolioLineItems_B06B2E48AED5BD7FF259B1D5BCA63F1B_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofServicingandSubservicingPortfolioLineItems_B06B2E48AED5BD7FF259B1D5BCA63F1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Servicing and Subservicing Portfolio [Line Items]</link:label>
    <link:label id="lab_ocn_ScheduleofServicingandSubservicingPortfolioLineItems_B06B2E48AED5BD7FF259B1D5BCA63F1B_label_en-US" xlink:label="lab_ocn_ScheduleofServicingandSubservicingPortfolioLineItems_B06B2E48AED5BD7FF259B1D5BCA63F1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Servicing and Subservicing Portfolio [Line Items]</link:label>
    <link:label id="lab_ocn_ScheduleofServicingandSubservicingPortfolioLineItems_B06B2E48AED5BD7FF259B1D5BCA63F1B_documentation_en-US" xlink:label="lab_ocn_ScheduleofServicingandSubservicingPortfolioLineItems_B06B2E48AED5BD7FF259B1D5BCA63F1B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Schedule of Servicing and Subservicing Portfolio [Table]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleofServicingandSubservicingPortfolioLineItems" xlink:label="loc_ocn_ScheduleofServicingandSubservicingPortfolioLineItems_B06B2E48AED5BD7FF259B1D5BCA63F1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofServicingandSubservicingPortfolioLineItems_B06B2E48AED5BD7FF259B1D5BCA63F1B" xlink:to="lab_ocn_ScheduleofServicingandSubservicingPortfolioLineItems_B06B2E48AED5BD7FF259B1D5BCA63F1B" xlink:type="arc" />
    <link:label id="lab_ocn_LoansServicedServicing_A68D48852FFAC50E336BB1D5BCA6F79A_terseLabel_en-US" xlink:label="lab_ocn_LoansServicedServicing_A68D48852FFAC50E336BB1D5BCA6F79A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing</link:label>
    <link:label id="lab_ocn_LoansServicedServicing_A68D48852FFAC50E336BB1D5BCA6F79A_label_en-US" xlink:label="lab_ocn_LoansServicedServicing_A68D48852FFAC50E336BB1D5BCA6F79A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Serviced Servicing</link:label>
    <link:label id="lab_ocn_LoansServicedServicing_A68D48852FFAC50E336BB1D5BCA6F79A_documentation_en-US" xlink:label="lab_ocn_LoansServicedServicing_A68D48852FFAC50E336BB1D5BCA6F79A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Loans serviced where the financial institution owns the mortgage servicing rights.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoansServicedServicing" xlink:label="loc_ocn_LoansServicedServicing_A68D48852FFAC50E336BB1D5BCA6F79A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansServicedServicing_A68D48852FFAC50E336BB1D5BCA6F79A" xlink:to="lab_ocn_LoansServicedServicing_A68D48852FFAC50E336BB1D5BCA6F79A" xlink:type="arc" />
    <link:label id="lab_ocn_LoansServicedSubservicing_EC7FFED9C673FE9330CAB1D5BCA6B0EF_terseLabel_en-US" xlink:label="lab_ocn_LoansServicedSubservicing_EC7FFED9C673FE9330CAB1D5BCA6B0EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subservicing</link:label>
    <link:label id="lab_ocn_LoansServicedSubservicing_EC7FFED9C673FE9330CAB1D5BCA6B0EF_label_en-US" xlink:label="lab_ocn_LoansServicedSubservicing_EC7FFED9C673FE9330CAB1D5BCA6B0EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Serviced Subservicing</link:label>
    <link:label id="lab_ocn_LoansServicedSubservicing_EC7FFED9C673FE9330CAB1D5BCA6B0EF_documentation_en-US" xlink:label="lab_ocn_LoansServicedSubservicing_EC7FFED9C673FE9330CAB1D5BCA6B0EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Loans serviced where the financial institution does not own the mortgage servicing rights.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoansServicedSubservicing" xlink:label="loc_ocn_LoansServicedSubservicing_EC7FFED9C673FE9330CAB1D5BCA6B0EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansServicedSubservicing_EC7FFED9C673FE9330CAB1D5BCA6B0EF" xlink:to="lab_ocn_LoansServicedSubservicing_EC7FFED9C673FE9330CAB1D5BCA6B0EF" xlink:type="arc" />
    <link:label id="lab_ocn_AssetsServiced_66B2B52603A9BD572DE9B1D5BCA69E15_totalLabel_en-US" xlink:label="lab_ocn_AssetsServiced_66B2B52603A9BD572DE9B1D5BCA69E15" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Assets Serviced</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AssetsServiced" xlink:label="loc_ocn_AssetsServiced_66B2B52603A9BD572DE9B1D5BCA69E15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AssetsServiced_66B2B52603A9BD572DE9B1D5BCA69E15" xlink:to="lab_ocn_AssetsServiced_66B2B52603A9BD572DE9B1D5BCA69E15" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_F3B90ABCAF981934887BB1D5B7552BC2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_F3B90ABCAF981934887BB1D5B7552BC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_F3B90ABCAF981934887BB1D5B7552BC2_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_F3B90ABCAF981934887BB1D5B7552BC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_F3B90ABCAF981934887BB1D5B7552BC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresTextBlock_F3B90ABCAF981934887BB1D5B7552BC2" xlink:to="lab_us-gaap_FairValueDisclosuresTextBlock_F3B90ABCAF981934887BB1D5B7552BC2" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_865C4F44AC2B521C0240B1D5BC1DB167_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_865C4F44AC2B521C0240B1D5BC1DB167" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_865C4F44AC2B521C0240B1D5BC1DB167" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_865C4F44AC2B521C0240B1D5BC1DB167" xlink:to="lab_us-gaap_EarningsPerShareAbstract_865C4F44AC2B521C0240B1D5BC1DB167" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_46E99FF064E0E0FA69E0B1D5BC1E8749_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_46E99FF064E0E0FA69E0B1D5BC1E8749" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of the Calculation of Basic EPS to Diluted EPS</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_46E99FF064E0E0FA69E0B1D5BC1E8749_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_46E99FF064E0E0FA69E0B1D5BC1E8749" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_46E99FF064E0E0FA69E0B1D5BC1E8749" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_46E99FF064E0E0FA69E0B1D5BC1E8749" xlink:to="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_46E99FF064E0E0FA69E0B1D5BC1E8749" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesAbstract_381D33D98349D9D418991825E3A3EC9D_label_en-US" xlink:label="lab_ocn_AdvancesAbstract_381D33D98349D9D418991825E3A3EC9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances [Abstract]</link:label>
    <link:label id="lab_ocn_AdvancesAbstract_381D33D98349D9D418991825E3A3EC9D_documentation_en-US" xlink:label="lab_ocn_AdvancesAbstract_381D33D98349D9D418991825E3A3EC9D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances [Abstract]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesAbstract" xlink:label="loc_ocn_AdvancesAbstract_381D33D98349D9D418991825E3A3EC9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesAbstract_381D33D98349D9D418991825E3A3EC9D" xlink:to="lab_ocn_AdvancesAbstract_381D33D98349D9D418991825E3A3EC9D" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesOnBehalfofBorrowersTable_815605CC9DE0B0D9D2011825E3A5A0CE_terseLabel_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersTable_815605CC9DE0B0D9D2011825E3A5A0CE" 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_815605CC9DE0B0D9D2011825E3A5A0CE_label_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersTable_815605CC9DE0B0D9D2011825E3A5A0CE" 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_815605CC9DE0B0D9D2011825E3A5A0CE_documentation_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersTable_815605CC9DE0B0D9D2011825E3A5A0CE" 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-20151231.xsd#ocn_AdvancesOnBehalfofBorrowersTable" xlink:label="loc_ocn_AdvancesOnBehalfofBorrowersTable_815605CC9DE0B0D9D2011825E3A5A0CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesOnBehalfofBorrowersTable_815605CC9DE0B0D9D2011825E3A5A0CE" xlink:to="lab_ocn_AdvancesOnBehalfofBorrowersTable_815605CC9DE0B0D9D2011825E3A5A0CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateAndOtherMember_8C6380E654D636BD5E9F1825E3A5740F_verboseLabel_en-US" xlink:label="lab_us-gaap_CorporateAndOtherMember_8C6380E654D636BD5E9F1825E3A5740F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Corporate Items and Other [Member]</link:label>
    <link:label id="lab_us-gaap_CorporateAndOtherMember_8C6380E654D636BD5E9F1825E3A5740F_label_en-US" xlink:label="lab_us-gaap_CorporateAndOtherMember_8C6380E654D636BD5E9F1825E3A5740F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate and Other [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CorporateAndOtherMember" xlink:label="loc_us-gaap_CorporateAndOtherMember_8C6380E654D636BD5E9F1825E3A5740F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateAndOtherMember_8C6380E654D636BD5E9F1825E3A5740F" xlink:to="lab_us-gaap_CorporateAndOtherMember_8C6380E654D636BD5E9F1825E3A5740F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_754F4C4CE7160905DF121825E3A59F77_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_754F4C4CE7160905DF121825E3A59F77" 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_754F4C4CE7160905DF121825E3A59F77_label_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_754F4C4CE7160905DF121825E3A59F77" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_754F4C4CE7160905DF121825E3A59F77" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_754F4C4CE7160905DF121825E3A59F77" xlink:to="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_754F4C4CE7160905DF121825E3A59F77" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivableTypeDomain_236544788FC7842920711825E3A5B0A2_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_236544788FC7842920711825E3A5B0A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivable [Domain]</link:label>
    <link:label id="lab_us-gaap_ReceivableTypeDomain_236544788FC7842920711825E3A5B0A2_label_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_236544788FC7842920711825E3A5B0A2" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="loc_us-gaap_ReceivableTypeDomain_236544788FC7842920711825E3A5B0A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivableTypeDomain_236544788FC7842920711825E3A5B0A2" xlink:to="lab_us-gaap_ReceivableTypeDomain_236544788FC7842920711825E3A5B0A2" xlink:type="arc" />
    <link:label id="lab_ocn_PrincipalAndInterestMember_DD17D382BB22ADCA39481825E3A5976F_terseLabel_en-US" xlink:label="lab_ocn_PrincipalAndInterestMember_DD17D382BB22ADCA39481825E3A5976F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal And Interest [Member]</link:label>
    <link:label id="lab_ocn_PrincipalAndInterestMember_DD17D382BB22ADCA39481825E3A5976F_label_en-US" xlink:label="lab_ocn_PrincipalAndInterestMember_DD17D382BB22ADCA39481825E3A5976F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Principal And Interest [Member]</link:label>
    <link:label id="lab_ocn_PrincipalAndInterestMember_DD17D382BB22ADCA39481825E3A5976F_documentation_en-US" xlink:label="lab_ocn_PrincipalAndInterestMember_DD17D382BB22ADCA39481825E3A5976F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Principal and interest.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PrincipalAndInterestMember" xlink:label="loc_ocn_PrincipalAndInterestMember_DD17D382BB22ADCA39481825E3A5976F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PrincipalAndInterestMember_DD17D382BB22ADCA39481825E3A5976F" xlink:to="lab_ocn_PrincipalAndInterestMember_DD17D382BB22ADCA39481825E3A5976F" xlink:type="arc" />
    <link:label id="lab_ocn_TaxesAndInsuranceMember_418D7B748AC95A46D2601825E3A6E4B0_terseLabel_en-US" xlink:label="lab_ocn_TaxesAndInsuranceMember_418D7B748AC95A46D2601825E3A6E4B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxes And Insurance [Member]</link:label>
    <link:label id="lab_ocn_TaxesAndInsuranceMember_418D7B748AC95A46D2601825E3A6E4B0_label_en-US" xlink:label="lab_ocn_TaxesAndInsuranceMember_418D7B748AC95A46D2601825E3A6E4B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxes And Insurance [Member]</link:label>
    <link:label id="lab_ocn_TaxesAndInsuranceMember_418D7B748AC95A46D2601825E3A6E4B0_documentation_en-US" xlink:label="lab_ocn_TaxesAndInsuranceMember_418D7B748AC95A46D2601825E3A6E4B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Taxes and insurance.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_TaxesAndInsuranceMember" xlink:label="loc_ocn_TaxesAndInsuranceMember_418D7B748AC95A46D2601825E3A6E4B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TaxesAndInsuranceMember_418D7B748AC95A46D2601825E3A6E4B0" xlink:to="lab_ocn_TaxesAndInsuranceMember_418D7B748AC95A46D2601825E3A6E4B0" xlink:type="arc" />
    <link:label id="lab_ocn_ForeclosuresBankruptcyAndOtherMember_023791C6CC6D27DC42421825E3A6393D_terseLabel_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyAndOtherMember_023791C6CC6D27DC42421825E3A6393D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreclosures Bankruptcy And Other [Member]</link:label>
    <link:label id="lab_ocn_ForeclosuresBankruptcyAndOtherMember_023791C6CC6D27DC42421825E3A6393D_label_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyAndOtherMember_023791C6CC6D27DC42421825E3A6393D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreclosures Bankruptcy And Other [Member]</link:label>
    <link:label id="lab_ocn_ForeclosuresBankruptcyAndOtherMember_023791C6CC6D27DC42421825E3A6393D_documentation_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyAndOtherMember_023791C6CC6D27DC42421825E3A6393D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreclosures bankruptcy and other.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ForeclosuresBankruptcyAndOtherMember" xlink:label="loc_ocn_ForeclosuresBankruptcyAndOtherMember_023791C6CC6D27DC42421825E3A6393D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ForeclosuresBankruptcyAndOtherMember_023791C6CC6D27DC42421825E3A6393D" xlink:to="lab_ocn_ForeclosuresBankruptcyAndOtherMember_023791C6CC6D27DC42421825E3A6393D" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_B22ABD71D0B4336F6ABC1825E3A63F26_terseLabel_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_B22ABD71D0B4336F6ABC1825E3A63F26" 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_B22ABD71D0B4336F6ABC1825E3A63F26_label_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_B22ABD71D0B4336F6ABC1825E3A63F26" 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_B22ABD71D0B4336F6ABC1825E3A63F26_documentation_en-US" xlink:label="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_B22ABD71D0B4336F6ABC1825E3A63F26" 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-20151231.xsd#ocn_AdvancesOnBehalfofBorrowersLineItems" xlink:label="loc_ocn_AdvancesOnBehalfofBorrowersLineItems_B22ABD71D0B4336F6ABC1825E3A63F26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesOnBehalfofBorrowersLineItems_B22ABD71D0B4336F6ABC1825E3A63F26" xlink:to="lab_ocn_AdvancesOnBehalfofBorrowersLineItems_B22ABD71D0B4336F6ABC1825E3A63F26" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfBorrower_CF2DFAA9017356BCD0901825E3A67A2C_terseLabel_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfBorrower_CF2DFAA9017356BCD0901825E3A67A2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfBorrower_CF2DFAA9017356BCD0901825E3A67A2C_label_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfBorrower_CF2DFAA9017356BCD0901825E3A67A2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances Payments On Behalf Of Borrower</link:label>
    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfBorrower_CF2DFAA9017356BCD0901825E3A67A2C_documentation_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfBorrower_CF2DFAA9017356BCD0901825E3A67A2C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total advance payments made by financial institutions on behalf of borrowers in a servicing relationship.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesPaymentsOnBehalfOfBorrower" xlink:label="loc_ocn_AdvancesPaymentsOnBehalfOfBorrower_CF2DFAA9017356BCD0901825E3A67A2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesPaymentsOnBehalfOfBorrower_CF2DFAA9017356BCD0901825E3A67A2C" xlink:to="lab_ocn_AdvancesPaymentsOnBehalfOfBorrower_CF2DFAA9017356BCD0901825E3A67A2C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_E591C7690B1FFEB341E91825E3A6743A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_E591C7690B1FFEB341E91825E3A6743A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Allowance for losses</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_E591C7690B1FFEB341E91825E3A6743A_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_E591C7690B1FFEB341E91825E3A6743A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_E591C7690B1FFEB341E91825E3A6743A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_E591C7690B1FFEB341E91825E3A6743A" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_E591C7690B1FFEB341E91825E3A6743A" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_D9F37D673C4ADDE8009A1825E3A66948_terseLabel_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_D9F37D673C4ADDE8009A1825E3A66948" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances, net</link:label>
    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_D9F37D673C4ADDE8009A1825E3A66948_label_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_D9F37D673C4ADDE8009A1825E3A66948" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances Payments On Behalf Of Borrower Net Of Valuation Allowance</link:label>
    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_D9F37D673C4ADDE8009A1825E3A66948_documentation_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_D9F37D673C4ADDE8009A1825E3A66948" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total advance payments net of valuation allowance made by financial institutions on behalf of borrowers in a servicing relationship.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance" xlink:label="loc_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_D9F37D673C4ADDE8009A1825E3A66948" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_D9F37D673C4ADDE8009A1825E3A66948" xlink:to="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_D9F37D673C4ADDE8009A1825E3A66948" xlink:type="arc" />
    <link:label id="lab_ocn_FinancingLiabilitiesMember_1202B0BE92EF24B65413E57FE0CED8F8_terseLabel_en-US" xlink:label="lab_ocn_FinancingLiabilitiesMember_1202B0BE92EF24B65413E57FE0CED8F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Liabilities [Member]</link:label>
    <link:label id="lab_ocn_FinancingLiabilitiesMember_1202B0BE92EF24B65413E57FE0CED8F8_label_en-US" xlink:label="lab_ocn_FinancingLiabilitiesMember_1202B0BE92EF24B65413E57FE0CED8F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Liabilities [Member]</link:label>
    <link:label id="lab_ocn_FinancingLiabilitiesMember_1202B0BE92EF24B65413E57FE0CED8F8_documentation_en-US" xlink:label="lab_ocn_FinancingLiabilitiesMember_1202B0BE92EF24B65413E57FE0CED8F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Liabilities [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FinancingLiabilitiesMember" xlink:label="loc_ocn_FinancingLiabilitiesMember_1202B0BE92EF24B65413E57FE0CED8F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancingLiabilitiesMember_1202B0BE92EF24B65413E57FE0CED8F8" xlink:to="lab_ocn_FinancingLiabilitiesMember_1202B0BE92EF24B65413E57FE0CED8F8" xlink:type="arc" />
    <link:label id="lab_ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember_8FC544DFC8FC1E69C53CE57FE0CEBFF9_terseLabel_en-US" xlink:label="lab_ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember_8FC544DFC8FC1E69C53CE57FE0CEBFF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale of MSRs and Rights To MSRs [Member]</link:label>
    <link:label id="lab_ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember_8FC544DFC8FC1E69C53CE57FE0CEBFF9_label_en-US" xlink:label="lab_ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember_8FC544DFC8FC1E69C53CE57FE0CEBFF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Of Mortgage Servicing Rights and Rights To Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember_8FC544DFC8FC1E69C53CE57FE0CEBFF9_documentation_en-US" xlink:label="lab_ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember_8FC544DFC8FC1E69C53CE57FE0CEBFF9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sale of mortgage servicing rights and rights to mortgage servicing rights.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember" xlink:label="loc_ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember_8FC544DFC8FC1E69C53CE57FE0CEBFF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember_8FC544DFC8FC1E69C53CE57FE0CEBFF9" xlink:to="lab_ocn_SaleOfMortgageServicingRightsandRightsToMortgageServicingRightsMember_8FC544DFC8FC1E69C53CE57FE0CEBFF9" xlink:type="arc" />
    <link:label id="lab_ocn_HMBSRelatedBorrowingsMember_ACBEFA37A276883A72DAE57FE0CE3513_terseLabel_en-US" xlink:label="lab_ocn_HMBSRelatedBorrowingsMember_ACBEFA37A276883A72DAE57FE0CE3513" 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_ACBEFA37A276883A72DAE57FE0CE3513_label_en-US" xlink:label="lab_ocn_HMBSRelatedBorrowingsMember_ACBEFA37A276883A72DAE57FE0CE3513" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HMBS - Related Borrowings [Member]</link:label>
    <link:label id="lab_ocn_HMBSRelatedBorrowingsMember_ACBEFA37A276883A72DAE57FE0CE3513_documentation_en-US" xlink:label="lab_ocn_HMBSRelatedBorrowingsMember_ACBEFA37A276883A72DAE57FE0CE3513" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">HMBS - Related Borrowings [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_HMBSRelatedBorrowingsMember" xlink:label="loc_ocn_HMBSRelatedBorrowingsMember_ACBEFA37A276883A72DAE57FE0CE3513" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HMBSRelatedBorrowingsMember_ACBEFA37A276883A72DAE57FE0CE3513" xlink:to="lab_ocn_HMBSRelatedBorrowingsMember_ACBEFA37A276883A72DAE57FE0CE3513" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_DA0FBC1C70F393D87650E57FE0CF0776_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_DA0FBC1C70F393D87650E57FE0CF0776" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt, gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_DA0FBC1C70F393D87650E57FE0CF0776" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_DA0FBC1C70F393D87650E57FE0CF0776" xlink:to="lab_us-gaap_DebtInstrumentCarryingAmount_DA0FBC1C70F393D87650E57FE0CF0776" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable_B2411455C7FF8CEA280B1AEFC455CD8B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable_B2411455C7FF8CEA280B1AEFC455CD8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable_B2411455C7FF8CEA280B1AEFC455CD8B_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable_B2411455C7FF8CEA280B1AEFC455CD8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable_B2411455C7FF8CEA280B1AEFC455CD8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable_B2411455C7FF8CEA280B1AEFC455CD8B" xlink:to="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable_B2411455C7FF8CEA280B1AEFC455CD8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeAxis_76A29479754504B017691AEFC4559034_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_76A29479754504B017691AEFC4559034" 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_76A29479754504B017691AEFC4559034_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_76A29479754504B017691AEFC4559034" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_76A29479754504B017691AEFC4559034" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeAxis_76A29479754504B017691AEFC4559034" xlink:to="lab_us-gaap_InvestmentTypeAxis_76A29479754504B017691AEFC4559034" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_97FAE189615F8F5DD6521AEFC4558AB7_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_97FAE189615F8F5DD6521AEFC4558AB7" 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_97FAE189615F8F5DD6521AEFC4558AB7_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_97FAE189615F8F5DD6521AEFC4558AB7" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_97FAE189615F8F5DD6521AEFC4558AB7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_97FAE189615F8F5DD6521AEFC4558AB7" xlink:to="lab_us-gaap_InvestmentTypeCategorizationMember_97FAE189615F8F5DD6521AEFC4558AB7" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_C321824BE2B4523F66931AEFC456A97F_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_C321824BE2B4523F66931AEFC456A97F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Held for Investment - Reverse Mortgages [Member]</link:label>
    <link:label id="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_C321824BE2B4523F66931AEFC456A97F_label_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_C321824BE2B4523F66931AEFC456A97F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held for Investment - Reverse Mortgages [Member]</link:label>
    <link:label id="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_C321824BE2B4523F66931AEFC456A97F_documentation_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_C321824BE2B4523F66931AEFC456A97F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans Held for Investment - Reverse Mortgages [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoansHeldforInvestmentReverseMortgagesMember" xlink:label="loc_ocn_LoansHeldforInvestmentReverseMortgagesMember_C321824BE2B4523F66931AEFC456A97F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldforInvestmentReverseMortgagesMember_C321824BE2B4523F66931AEFC456A97F" xlink:to="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_C321824BE2B4523F66931AEFC456A97F" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageBackedSecuritiesMember_6296F28E268CFBD558181AEFC456D169_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesMember_6296F28E268CFBD558181AEFC456D169" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Backed Securities [Member]</link:label>
    <link:label id="lab_us-gaap_MortgageBackedSecuritiesMember_6296F28E268CFBD558181AEFC456D169_label_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesMember_6296F28E268CFBD558181AEFC456D169" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateralized Mortgage Backed Securities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_MortgageBackedSecuritiesMember_6296F28E268CFBD558181AEFC456D169" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageBackedSecuritiesMember_6296F28E268CFBD558181AEFC456D169" xlink:to="lab_us-gaap_MortgageBackedSecuritiesMember_6296F28E268CFBD558181AEFC456D169" xlink:type="arc" />
    <link:label id="lab_ocn_FinancingLiabilityMortgageServicingRatesPledged1Member_5197F94497960A05ED5B1AEFC4568EE1_verboseLabel_en-US" xlink:label="lab_ocn_FinancingLiabilityMortgageServicingRatesPledged1Member_5197F94497960A05ED5B1AEFC4568EE1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financing Liability - MSRs Pledged [Member]</link:label>
    <link:label id="lab_ocn_FinancingLiabilityMortgageServicingRatesPledged1Member_5197F94497960A05ED5B1AEFC4568EE1_label_en-US" xlink:label="lab_ocn_FinancingLiabilityMortgageServicingRatesPledged1Member_5197F94497960A05ED5B1AEFC4568EE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Liability Mortgage Servicing Rates Pledged 1 [Member]</link:label>
    <link:label id="lab_ocn_FinancingLiabilityMortgageServicingRatesPledged1Member_5197F94497960A05ED5B1AEFC4568EE1_documentation_en-US" xlink:label="lab_ocn_FinancingLiabilityMortgageServicingRatesPledged1Member_5197F94497960A05ED5B1AEFC4568EE1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Liability Mortgage Servicing Rates Pledged 1 [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FinancingLiabilityMortgageServicingRatesPledged1Member" xlink:label="loc_ocn_FinancingLiabilityMortgageServicingRatesPledged1Member_5197F94497960A05ED5B1AEFC4568EE1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancingLiabilityMortgageServicingRatesPledged1Member_5197F94497960A05ED5B1AEFC4568EE1" xlink:to="lab_ocn_FinancingLiabilityMortgageServicingRatesPledged1Member_5197F94497960A05ED5B1AEFC4568EE1" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_033EA7A73B71FFFFE74D1AEFC456C548_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_033EA7A73B71FFFFE74D1AEFC456C548" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives [Member]</link:label>
    <link:label id="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_033EA7A73B71FFFFE74D1AEFC456C548_label_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_033EA7A73B71FFFFE74D1AEFC456C548" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments, Assets [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsAssetsMember" xlink:label="loc_us-gaap_DerivativeFinancialInstrumentsAssetsMember_033EA7A73B71FFFFE74D1AEFC456C548" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFinancialInstrumentsAssetsMember_033EA7A73B71FFFFE74D1AEFC456C548" xlink:to="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_033EA7A73B71FFFFE74D1AEFC456C548" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServicingRightsMember_62529E32D4E9BA60D7F11AEFC456F5B2_verboseLabel_en-US" xlink:label="lab_ocn_MortgageServicingRightsMember_62529E32D4E9BA60D7F11AEFC456F5B2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">MSRs [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MortgageServicingRightsMember" xlink:label="loc_ocn_MortgageServicingRightsMember_62529E32D4E9BA60D7F11AEFC456F5B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingRightsMember_62529E32D4E9BA60D7F11AEFC456F5B2" xlink:to="lab_ocn_MortgageServicingRightsMember_62529E32D4E9BA60D7F11AEFC456F5B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_0ACF6832BDD21611398E1AEFC4564CD9_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_0ACF6832BDD21611398E1AEFC4564CD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_0ACF6832BDD21611398E1AEFC4564CD9_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_0ACF6832BDD21611398E1AEFC4564CD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_0ACF6832BDD21611398E1AEFC4564CD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_0ACF6832BDD21611398E1AEFC4564CD9" xlink:to="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_0ACF6832BDD21611398E1AEFC4564CD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_3096923BEE3DDE7CF6721AEFC456C062_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_3096923BEE3DDE7CF6721AEFC456C062" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_3096923BEE3DDE7CF6721AEFC456C062_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_3096923BEE3DDE7CF6721AEFC456C062" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_3096923BEE3DDE7CF6721AEFC456C062" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_3096923BEE3DDE7CF6721AEFC456C062" xlink:to="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_3096923BEE3DDE7CF6721AEFC456C062" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_0CF474BE1DE8F8CDD6CB1AEFC456D68D_negatedPeriodStartLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_0CF474BE1DE8F8CDD6CB1AEFC456D68D" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_0CF474BE1DE8F8CDD6CB1AEFC456D68D_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_0CF474BE1DE8F8CDD6CB1AEFC456D68D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_0CF474BE1DE8F8CDD6CB1AEFC456D68D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_0CF474BE1DE8F8CDD6CB1AEFC456D68D" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_0CF474BE1DE8F8CDD6CB1AEFC456D68D" xlink:type="arc" />
    <link:label id="lab_ocn_PurchasesIssuancesSalesAndSettlementsAbstract_D4FE1A64CB2BF7997ACB1AEFC456035A_terseLabel_en-US" xlink:label="lab_ocn_PurchasesIssuancesSalesAndSettlementsAbstract_D4FE1A64CB2BF7997ACB1AEFC456035A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchases, issuances, sales and settlements:</link:label>
    <link:label id="lab_ocn_PurchasesIssuancesSalesAndSettlementsAbstract_D4FE1A64CB2BF7997ACB1AEFC456035A_label_en-US" xlink:label="lab_ocn_PurchasesIssuancesSalesAndSettlementsAbstract_D4FE1A64CB2BF7997ACB1AEFC456035A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases, issuances, sales and settlements: [Abstract]</link:label>
    <link:label id="lab_ocn_PurchasesIssuancesSalesAndSettlementsAbstract_D4FE1A64CB2BF7997ACB1AEFC456035A_documentation_en-US" xlink:label="lab_ocn_PurchasesIssuancesSalesAndSettlementsAbstract_D4FE1A64CB2BF7997ACB1AEFC456035A" 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-20151231.xsd#ocn_PurchasesIssuancesSalesAndSettlementsAbstract" xlink:label="loc_ocn_PurchasesIssuancesSalesAndSettlementsAbstract_D4FE1A64CB2BF7997ACB1AEFC456035A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PurchasesIssuancesSalesAndSettlementsAbstract_D4FE1A64CB2BF7997ACB1AEFC456035A" xlink:to="lab_ocn_PurchasesIssuancesSalesAndSettlementsAbstract_D4FE1A64CB2BF7997ACB1AEFC456035A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_1E13E764CCE80DE62D2F1AEFC4564FF2_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_1E13E764CCE80DE62D2F1AEFC4564FF2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchases</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_1E13E764CCE80DE62D2F1AEFC4564FF2_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_1E13E764CCE80DE62D2F1AEFC4564FF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_1E13E764CCE80DE62D2F1AEFC4564FF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_1E13E764CCE80DE62D2F1AEFC4564FF2" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_1E13E764CCE80DE62D2F1AEFC4564FF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_1748D682DFD17F6099611AEFC4571148_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_1748D682DFD17F6099611AEFC4571148" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Issuances</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_1748D682DFD17F6099611AEFC4571148_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_1748D682DFD17F6099611AEFC4571148" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Issuances</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_1748D682DFD17F6099611AEFC4571148" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_1748D682DFD17F6099611AEFC4571148" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_1748D682DFD17F6099611AEFC4571148" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_F2EF0C969269C6E97C1F1AEFC457374C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_F2EF0C969269C6E97C1F1AEFC457374C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfer from MSRs carried at amortized cost</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_F2EF0C969269C6E97C1F1AEFC457374C_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_F2EF0C969269C6E97C1F1AEFC457374C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers Into Level 3</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_F2EF0C969269C6E97C1F1AEFC457374C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_F2EF0C969269C6E97C1F1AEFC457374C" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_F2EF0C969269C6E97C1F1AEFC457374C" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue_7F4B59635592FA5866481AEFC457B135_negatedTerseLabel_en-US" xlink:label="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue_7F4B59635592FA5866481AEFC457B135" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfer from Loans held for sale, at fair value</link:label>
    <link:label id="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue_7F4B59635592FA5866481AEFC457B135_label_en-US" xlink:label="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue_7F4B59635592FA5866481AEFC457B135" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfer From Loans Held For Sale At Fair Value</link:label>
    <link:label id="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue_7F4B59635592FA5866481AEFC457B135_documentation_en-US" xlink:label="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue_7F4B59635592FA5866481AEFC457B135" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value measurement with unobservable inputs reconciliation liability transfer from loans held for sale at fair value.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue" xlink:label="loc_ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue_7F4B59635592FA5866481AEFC457B135" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue_7F4B59635592FA5866481AEFC457B135" xlink:to="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransferFromLoansHeldForSaleAtFairValue_7F4B59635592FA5866481AEFC457B135" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_494E0AE26FA74B344E491AEFC457358A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_494E0AE26FA74B344E491AEFC457358A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_494E0AE26FA74B344E491AEFC457358A_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_494E0AE26FA74B344E491AEFC457358A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_494E0AE26FA74B344E491AEFC457358A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_494E0AE26FA74B344E491AEFC457358A" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_494E0AE26FA74B344E491AEFC457358A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_CF4C9A6C61D789E7C32D1AEFC45775FF_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_CF4C9A6C61D789E7C32D1AEFC45775FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Settlements</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_CF4C9A6C61D789E7C32D1AEFC45775FF_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_CF4C9A6C61D789E7C32D1AEFC45775FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_CF4C9A6C61D789E7C32D1AEFC45775FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_CF4C9A6C61D789E7C32D1AEFC45775FF" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_CF4C9A6C61D789E7C32D1AEFC45775FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements_3C2EF671A9E0BEAD304E1AEFC457480A_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements_3C2EF671A9E0BEAD304E1AEFC457480A" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Purchases, issuances, sales and settlements, total</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements_3C2EF671A9E0BEAD304E1AEFC457480A_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements_3C2EF671A9E0BEAD304E1AEFC457480A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases, (Sales), Issuances, (Settlements)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements_3C2EF671A9E0BEAD304E1AEFC457480A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements_3C2EF671A9E0BEAD304E1AEFC457480A" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements_3C2EF671A9E0BEAD304E1AEFC457480A" xlink:type="arc" />
    <link:label id="lab_ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract_34B18A9C04B2E7EC2DD51AEFC457BF40_terseLabel_en-US" xlink:label="lab_ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract_34B18A9C04B2E7EC2DD51AEFC457BF40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total realized and unrealized gains and (losses):</link:label>
    <link:label id="lab_ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract_34B18A9C04B2E7EC2DD51AEFC457BF40_label_en-US" xlink:label="lab_ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract_34B18A9C04B2E7EC2DD51AEFC457BF40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total realized and unrealized gains and (losses) (2): [Abstract]</link:label>
    <link:label id="lab_ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract_34B18A9C04B2E7EC2DD51AEFC457BF40_documentation_en-US" xlink:label="lab_ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract_34B18A9C04B2E7EC2DD51AEFC457BF40" 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-20151231.xsd#ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract" xlink:label="loc_ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract_34B18A9C04B2E7EC2DD51AEFC457BF40" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract_34B18A9C04B2E7EC2DD51AEFC457BF40" xlink:to="lab_ocn_TotalRealizedAndUnrealizedGainsAndLosses2Abstract_34B18A9C04B2E7EC2DD51AEFC457BF40" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_E872CAD4E856BBD4A35D1AEFC457EB77_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_E872CAD4E856BBD4A35D1AEFC457EB77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Included in earnings</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_E872CAD4E856BBD4A35D1AEFC457EB77_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_E872CAD4E856BBD4A35D1AEFC457EB77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_E872CAD4E856BBD4A35D1AEFC457EB77" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_E872CAD4E856BBD4A35D1AEFC457EB77" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_E872CAD4E856BBD4A35D1AEFC457EB77" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_8CE62A2C4FED232183B31AEFC4570011_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_8CE62A2C4FED232183B31AEFC4570011" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Included in Other comprehensive income</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_8CE62A2C4FED232183B31AEFC4570011_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_8CE62A2C4FED232183B31AEFC4570011" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_8CE62A2C4FED232183B31AEFC4570011" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_8CE62A2C4FED232183B31AEFC4570011" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_8CE62A2C4FED232183B31AEFC4570011" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss_57C4697E3046171A15BE1AEFC4571133_totalLabel_en-US" xlink:label="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss_57C4697E3046171A15BE1AEFC4571133" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total realized and unrealized gains and (losses)</link:label>
    <link:label id="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss_57C4697E3046171A15BE1AEFC4571133_label_en-US" xlink:label="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss_57C4697E3046171A15BE1AEFC4571133" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss)</link:label>
    <link:label id="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss_57C4697E3046171A15BE1AEFC4571133_documentation_en-US" xlink:label="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss_57C4697E3046171A15BE1AEFC4571133" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss)</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss" xlink:label="loc_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss_57C4697E3046171A15BE1AEFC4571133" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss_57C4697E3046171A15BE1AEFC4571133" xlink:to="lab_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarningsandOtherComprehensiveIncomeLoss_57C4697E3046171A15BE1AEFC4571133" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet_B4EE5DEEDE0BB59668881AEFC457348F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet_B4EE5DEEDE0BB59668881AEFC457348F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers in and / or out of Level 3</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet_B4EE5DEEDE0BB59668881AEFC457348F_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet_B4EE5DEEDE0BB59668881AEFC457348F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Transfers, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet_B4EE5DEEDE0BB59668881AEFC457348F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet_B4EE5DEEDE0BB59668881AEFC457348F" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet_B4EE5DEEDE0BB59668881AEFC457348F" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_9770BF4A81D5FCC324841AEFC457C30D_negatedPeriodEndLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_9770BF4A81D5FCC324841AEFC457C30D" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_9770BF4A81D5FCC324841AEFC457C30D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_9770BF4A81D5FCC324841AEFC457C30D" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_9770BF4A81D5FCC324841AEFC457C30D" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_97C49AC73691DC08809EE9F2C2B301D8_terseLabel_en-US" xlink:label="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_97C49AC73691DC08809EE9F2C2B301D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ocwen Structured Investments, LLC (OSI) [Member]</link:label>
    <link:label id="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_97C49AC73691DC08809EE9F2C2B301D8_label_en-US" xlink:label="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_97C49AC73691DC08809EE9F2C2B301D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen Structured Investments, LLC (OSI) [Member]</link:label>
    <link:label id="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_97C49AC73691DC08809EE9F2C2B301D8_documentation_en-US" xlink:label="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_97C49AC73691DC08809EE9F2C2B301D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ocwen Structured Investments, LLC (OSI) [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OcwenStructuredInvestmentsLLCOSIMember" xlink:label="loc_ocn_OcwenStructuredInvestmentsLLCOSIMember_97C49AC73691DC08809EE9F2C2B301D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenStructuredInvestmentsLLCOSIMember_97C49AC73691DC08809EE9F2C2B301D8" xlink:to="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_97C49AC73691DC08809EE9F2C2B301D8" xlink:type="arc" />
    <link:label id="lab_ocn_ResCapMember_73898389F045073F79C2E9F2C2B36829_verboseLabel_en-US" xlink:label="lab_ocn_ResCapMember_73898389F045073F79C2E9F2C2B36829" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Rescap Acquisition [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ResCapMember" xlink:label="loc_ocn_ResCapMember_73898389F045073F79C2E9F2C2B36829" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ResCapMember_73898389F045073F79C2E9F2C2B36829" xlink:to="lab_ocn_ResCapMember_73898389F045073F79C2E9F2C2B36829" xlink:type="arc" />
    <link:label id="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EF308E28417043764F11E9F2C2B3B58C_verboseLabel_en-US" xlink:label="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EF308E28417043764F11E9F2C2B3B58C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liberty Acquisition [Member]</link:label>
    <link:label id="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EF308E28417043764F11E9F2C2B3B58C_label_en-US" xlink:label="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EF308E28417043764F11E9F2C2B3B58C" 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_EF308E28417043764F11E9F2C2B3B58C_documentation_en-US" xlink:label="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EF308E28417043764F11E9F2C2B3B58C" 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-20151231.xsd#ocn_LibertyHomeEquitySolutionsInc.Member" xlink:label="loc_ocn_LibertyHomeEquitySolutionsInc.Member_EF308E28417043764F11E9F2C2B3B58C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LibertyHomeEquitySolutionsInc.Member_EF308E28417043764F11E9F2C2B3B58C" xlink:to="lab_ocn_LibertyHomeEquitySolutionsInc.Member_EF308E28417043764F11E9F2C2B3B58C" xlink:type="arc" />
    <link:label id="lab_ocn_AllyMSRTransactionMember_859DAE81E9DE965E8680E9F2C2B3EA0A_terseLabel_en-US" xlink:label="lab_ocn_AllyMSRTransactionMember_859DAE81E9DE965E8680E9F2C2B3EA0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ally MSR Transaction [Member]</link:label>
    <link:label id="lab_ocn_AllyMSRTransactionMember_859DAE81E9DE965E8680E9F2C2B3EA0A_label_en-US" xlink:label="lab_ocn_AllyMSRTransactionMember_859DAE81E9DE965E8680E9F2C2B3EA0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ally MSR Transaction [Member]</link:label>
    <link:label id="lab_ocn_AllyMSRTransactionMember_859DAE81E9DE965E8680E9F2C2B3EA0A_documentation_en-US" xlink:label="lab_ocn_AllyMSRTransactionMember_859DAE81E9DE965E8680E9F2C2B3EA0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ally MSR Transaction [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AllyMSRTransactionMember" xlink:label="loc_ocn_AllyMSRTransactionMember_859DAE81E9DE965E8680E9F2C2B3EA0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AllyMSRTransactionMember_859DAE81E9DE965E8680E9F2C2B3EA0A" xlink:to="lab_ocn_AllyMSRTransactionMember_859DAE81E9DE965E8680E9F2C2B3EA0A" xlink:type="arc" />
    <link:label id="lab_ocn_OneWestMSRTransactionMember_5AA69B2D5C250B5147D6E9F2C2B49658_terseLabel_en-US" xlink:label="lab_ocn_OneWestMSRTransactionMember_5AA69B2D5C250B5147D6E9F2C2B49658" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OneWest MSR Transaction [Member]</link:label>
    <link:label id="lab_ocn_OneWestMSRTransactionMember_5AA69B2D5C250B5147D6E9F2C2B49658_label_en-US" xlink:label="lab_ocn_OneWestMSRTransactionMember_5AA69B2D5C250B5147D6E9F2C2B49658" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">OneWest MSR Transaction [Member]</link:label>
    <link:label id="lab_ocn_OneWestMSRTransactionMember_5AA69B2D5C250B5147D6E9F2C2B49658_documentation_en-US" xlink:label="lab_ocn_OneWestMSRTransactionMember_5AA69B2D5C250B5147D6E9F2C2B49658" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">OneWest MSR Transaction [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OneWestMSRTransactionMember" xlink:label="loc_ocn_OneWestMSRTransactionMember_5AA69B2D5C250B5147D6E9F2C2B49658" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OneWestMSRTransactionMember_5AA69B2D5C250B5147D6E9F2C2B49658" xlink:to="lab_ocn_OneWestMSRTransactionMember_5AA69B2D5C250B5147D6E9F2C2B49658" xlink:type="arc" />
    <link:label id="lab_ocn_GreenpointMSRTransactionMember_530DF9782E764E367998E9F2C2B46CB6_terseLabel_en-US" xlink:label="lab_ocn_GreenpointMSRTransactionMember_530DF9782E764E367998E9F2C2B46CB6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Greenpoint MSR Transaction [Member]</link:label>
    <link:label id="lab_ocn_GreenpointMSRTransactionMember_530DF9782E764E367998E9F2C2B46CB6_label_en-US" xlink:label="lab_ocn_GreenpointMSRTransactionMember_530DF9782E764E367998E9F2C2B46CB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Greenpoint MSR Transaction [Member]</link:label>
    <link:label id="lab_ocn_GreenpointMSRTransactionMember_530DF9782E764E367998E9F2C2B46CB6_documentation_en-US" xlink:label="lab_ocn_GreenpointMSRTransactionMember_530DF9782E764E367998E9F2C2B46CB6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Greenpoint MSR Transaction [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_GreenpointMSRTransactionMember" xlink:label="loc_ocn_GreenpointMSRTransactionMember_530DF9782E764E367998E9F2C2B46CB6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GreenpointMSRTransactionMember_530DF9782E764E367998E9F2C2B46CB6" xlink:to="lab_ocn_GreenpointMSRTransactionMember_530DF9782E764E367998E9F2C2B46CB6" xlink:type="arc" />
    <link:label id="lab_ocn_OtherAdditionsMember_5F4F3E8ECCF8DA64AF74E9F2C2B4D0B9_terseLabel_en-US" xlink:label="lab_ocn_OtherAdditionsMember_5F4F3E8ECCF8DA64AF74E9F2C2B4D0B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other [Member]</link:label>
    <link:label id="lab_ocn_OtherAdditionsMember_5F4F3E8ECCF8DA64AF74E9F2C2B4D0B9_label_en-US" xlink:label="lab_ocn_OtherAdditionsMember_5F4F3E8ECCF8DA64AF74E9F2C2B4D0B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Additions [Member]</link:label>
    <link:label id="lab_ocn_OtherAdditionsMember_5F4F3E8ECCF8DA64AF74E9F2C2B4D0B9_documentation_en-US" xlink:label="lab_ocn_OtherAdditionsMember_5F4F3E8ECCF8DA64AF74E9F2C2B4D0B9" 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-20151231.xsd#ocn_OtherAdditionsMember" xlink:label="loc_ocn_OtherAdditionsMember_5F4F3E8ECCF8DA64AF74E9F2C2B4D0B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherAdditionsMember_5F4F3E8ECCF8DA64AF74E9F2C2B4D0B9" xlink:to="lab_ocn_OtherAdditionsMember_5F4F3E8ECCF8DA64AF74E9F2C2B4D0B9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward_1E57FBE93BD6BAF602DFE9F2C2B42AB4_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward_1E57FBE93BD6BAF602DFE9F2C2B42AB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Balance [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward_1E57FBE93BD6BAF602DFE9F2C2B42AB4_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward_1E57FBE93BD6BAF602DFE9F2C2B42AB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Balance [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward_1E57FBE93BD6BAF602DFE9F2C2B42AB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward_1E57FBE93BD6BAF602DFE9F2C2B42AB4" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward_1E57FBE93BD6BAF602DFE9F2C2B42AB4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValue_A684B7975BCA299BDDE5E9F2C2B40FB5_periodStartLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValue_A684B7975BCA299BDDE5E9F2C2B40FB5" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValue" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValue_A684B7975BCA299BDDE5E9F2C2B40FB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValue_A684B7975BCA299BDDE5E9F2C2B40FB5" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValue_A684B7975BCA299BDDE5E9F2C2B40FB5" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue_29F02513A7542845993CE9F2C2B475D9_terseLabel_en-US" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue_29F02513A7542845993CE9F2C2B475D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value election - transfer of MSRs carried at amortized cost</link:label>
    <link:label id="lab_ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue_29F02513A7542845993CE9F2C2B475D9_label_en-US" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue_29F02513A7542845993CE9F2C2B475D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset At Amortized Value Fair Value Election Transfer To MSRs Carried At Fair Value</link:label>
    <link:label id="lab_ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue_29F02513A7542845993CE9F2C2B475D9_documentation_en-US" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue_29F02513A7542845993CE9F2C2B475D9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Servicing asset at amortized value fair value election transfer to MSRs carried at fair value.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue" xlink:label="loc_ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue_29F02513A7542845993CE9F2C2B475D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue_29F02513A7542845993CE9F2C2B475D9" xlink:to="lab_ocn_ServicingAssetAtAmortizedValueFairValueElectionTransferToMSRsCarriedAtFairValue_29F02513A7542845993CE9F2C2B475D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueAdditions_D4B6505B18E2A97A37EDE9F2C2B4D40A_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueAdditions_D4B6505B18E2A97A37EDE9F2C2B4D40A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions recognized in connect with business acquisitions</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueAdditions_D4B6505B18E2A97A37EDE9F2C2B4D40A_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueAdditions_D4B6505B18E2A97A37EDE9F2C2B4D40A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Additions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueAdditions" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValueAdditions_D4B6505B18E2A97A37EDE9F2C2B4D40A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValueAdditions_D4B6505B18E2A97A37EDE9F2C2B4D40A" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValueAdditions_D4B6505B18E2A97A37EDE9F2C2B4D40A" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_CBDC28A6C97D1BD73036E9F2C2B49B13_verboseLabel_en-US" xlink:label="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_CBDC28A6C97D1BD73036E9F2C2B49B13" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additions recognized on the sale of mortgage loans</link:label>
    <link:label id="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_CBDC28A6C97D1BD73036E9F2C2B49B13_label_en-US" xlink:label="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_CBDC28A6C97D1BD73036E9F2C2B49B13" 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_CBDC28A6C97D1BD73036E9F2C2B49B13_documentation_en-US" xlink:label="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_CBDC28A6C97D1BD73036E9F2C2B49B13" 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-20151231.xsd#ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales" xlink:label="loc_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_CBDC28A6C97D1BD73036E9F2C2B49B13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_CBDC28A6C97D1BD73036E9F2C2B49B13" xlink:to="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromMortgageSales_CBDC28A6C97D1BD73036E9F2C2B49B13" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueDisposals_9058AD715CE4D104B54FE9F2C2B4BE15_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueDisposals_9058AD715CE4D104B54FE9F2C2B4BE15" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Sales</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueDisposals_9058AD715CE4D104B54FE9F2C2B4BE15_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueDisposals_9058AD715CE4D104B54FE9F2C2B4BE15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Disposals</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueDisposals" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValueDisposals_9058AD715CE4D104B54FE9F2C2B4BE15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValueDisposals_9058AD715CE4D104B54FE9F2C2B4BE15" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValueDisposals_9058AD715CE4D104B54FE9F2C2B4BE15" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingAssetatAmortizedCostTransfersandAdjustments_189C4F4722E4F9FA7FA0E9F2C2B51D6D_negatedTerseLabel_en-US" xlink:label="lab_ocn_ServicingAssetatAmortizedCostTransfersandAdjustments_189C4F4722E4F9FA7FA0E9F2C2B51D6D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Servicing transfers and adjustments</link:label>
    <link:label id="lab_ocn_ServicingAssetatAmortizedCostTransfersandAdjustments_189C4F4722E4F9FA7FA0E9F2C2B51D6D_label_en-US" xlink:label="lab_ocn_ServicingAssetatAmortizedCostTransfersandAdjustments_189C4F4722E4F9FA7FA0E9F2C2B51D6D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Transfers and Adjustments</link:label>
    <link:label id="lab_ocn_ServicingAssetatAmortizedCostTransfersandAdjustments_189C4F4722E4F9FA7FA0E9F2C2B51D6D_documentation_en-US" xlink:label="lab_ocn_ServicingAssetatAmortizedCostTransfersandAdjustments_189C4F4722E4F9FA7FA0E9F2C2B51D6D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Transfers and Adjustments</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingAssetatAmortizedCostTransfersandAdjustments" xlink:label="loc_ocn_ServicingAssetatAmortizedCostTransfersandAdjustments_189C4F4722E4F9FA7FA0E9F2C2B51D6D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAssetatAmortizedCostTransfersandAdjustments_189C4F4722E4F9FA7FA0E9F2C2B51D6D" xlink:to="lab_ocn_ServicingAssetatAmortizedCostTransfersandAdjustments_189C4F4722E4F9FA7FA0E9F2C2B51D6D" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingAssetAtAmortizedValueGross_44F96E2B659E0D7080C3E9F2C2B58043_terseLabel_en-US" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueGross_44F96E2B659E0D7080C3E9F2C2B58043" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights, gross</link:label>
    <link:label id="lab_ocn_ServicingAssetAtAmortizedValueGross_44F96E2B659E0D7080C3E9F2C2B58043_label_en-US" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueGross_44F96E2B659E0D7080C3E9F2C2B58043" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset At Amortized Value Gross</link:label>
    <link:label id="lab_ocn_ServicingAssetAtAmortizedValueGross_44F96E2B659E0D7080C3E9F2C2B58043_documentation_en-US" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueGross_44F96E2B659E0D7080C3E9F2C2B58043" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the gross value of mortgage servicing rights before amortization and impairment valuation allowance.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingAssetAtAmortizedValueGross" xlink:label="loc_ocn_ServicingAssetAtAmortizedValueGross_44F96E2B659E0D7080C3E9F2C2B58043" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAssetAtAmortizedValueGross_44F96E2B659E0D7080C3E9F2C2B58043" xlink:to="lab_ocn_ServicingAssetAtAmortizedValueGross_44F96E2B659E0D7080C3E9F2C2B58043" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_125A0E530CE5E675A22CE9F2C2B58BE7_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_125A0E530CE5E675A22CE9F2C2B58BE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Increase) decrease in impairment valuation allowance (3)</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_125A0E530CE5E675A22CE9F2C2B58BE7_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_125A0E530CE5E675A22CE9F2C2B58BE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueValuationAllowance" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_125A0E530CE5E675A22CE9F2C2B58BE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_125A0E530CE5E675A22CE9F2C2B58BE7" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_125A0E530CE5E675A22CE9F2C2B58BE7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueAmortization1_9EC85ED6A170884CE96BE9F2C2B523CB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueAmortization1_9EC85ED6A170884CE96BE9F2C2B523CB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Amortization</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueAmortization1_9EC85ED6A170884CE96BE9F2C2B523CB_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueAmortization1_9EC85ED6A170884CE96BE9F2C2B523CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueAmortization1" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValueAmortization1_9EC85ED6A170884CE96BE9F2C2B523CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValueAmortization1_9EC85ED6A170884CE96BE9F2C2B523CB" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValueAmortization1_9EC85ED6A170884CE96BE9F2C2B523CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValue_F6FCC72A236F287841A7E9F2C2B54590_periodEndLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValue_F6FCC72A236F287841A7E9F2C2B54590" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValue" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValue_F6FCC72A236F287841A7E9F2C2B54590" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValue_F6FCC72A236F287841A7E9F2C2B54590" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValue_F6FCC72A236F287841A7E9F2C2B54590" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_71652DD6B55CF22186D7E9F2C2B5EE50_verboseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_71652DD6B55CF22186D7E9F2C2B5EE50" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Estimated fair value at end of year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmount_71652DD6B55CF22186D7E9F2C2B5EE50" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAmount_71652DD6B55CF22186D7E9F2C2B5EE50" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAmount_71652DD6B55CF22186D7E9F2C2B5EE50" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationTechniqueAxis_F3C0221F217CCE682D70E95048B9A3FD_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationTechniqueAxis_F3C0221F217CCE682D70E95048B9A3FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Technique [Axis]</link:label>
    <link:label id="lab_us-gaap_ValuationTechniqueAxis_F3C0221F217CCE682D70E95048B9A3FD_label_en-US" xlink:label="lab_us-gaap_ValuationTechniqueAxis_F3C0221F217CCE682D70E95048B9A3FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Technique [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="loc_us-gaap_ValuationTechniqueAxis_F3C0221F217CCE682D70E95048B9A3FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationTechniqueAxis_F3C0221F217CCE682D70E95048B9A3FD" xlink:to="lab_us-gaap_ValuationTechniqueAxis_F3C0221F217CCE682D70E95048B9A3FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationTechniqueDomain_F91E84A3650311B61419E95048BA982B_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationTechniqueDomain_F91E84A3650311B61419E95048BA982B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Technique [Domain]</link:label>
    <link:label id="lab_us-gaap_ValuationTechniqueDomain_F91E84A3650311B61419E95048BA982B_label_en-US" xlink:label="lab_us-gaap_ValuationTechniqueDomain_F91E84A3650311B61419E95048BA982B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Technique [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="loc_us-gaap_ValuationTechniqueDomain_F91E84A3650311B61419E95048BA982B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationTechniqueDomain_F91E84A3650311B61419E95048BA982B" xlink:to="lab_us-gaap_ValuationTechniqueDomain_F91E84A3650311B61419E95048BA982B" xlink:type="arc" />
    <link:label id="lab_ocn_BlackScholesMember_686C568FC6CF49C7E16EE91AEC05ABF0_terseLabel_en-US" xlink:label="lab_ocn_BlackScholesMember_686C568FC6CF49C7E16EE91AEC05ABF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Black Scholes [Member]</link:label>
    <link:label id="lab_ocn_BlackScholesMember_686C568FC6CF49C7E16EE91AEC05ABF0_label_en-US" xlink:label="lab_ocn_BlackScholesMember_686C568FC6CF49C7E16EE91AEC05ABF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Black Scholes [Member]</link:label>
    <link:label id="lab_ocn_BlackScholesMember_686C568FC6CF49C7E16EE91AEC05ABF0_documentation_en-US" xlink:label="lab_ocn_BlackScholesMember_686C568FC6CF49C7E16EE91AEC05ABF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Black scholes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BlackScholesMember" xlink:label="loc_ocn_BlackScholesMember_686C568FC6CF49C7E16EE91AEC05ABF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BlackScholesMember_686C568FC6CF49C7E16EE91AEC05ABF0" xlink:to="lab_ocn_BlackScholesMember_686C568FC6CF49C7E16EE91AEC05ABF0" xlink:type="arc" />
    <link:label id="lab_ocn_BinomialMember_0364509BB2F09C644EEEE91AEC05F567_terseLabel_en-US" xlink:label="lab_ocn_BinomialMember_0364509BB2F09C644EEEE91AEC05F567" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Binomial [Member]</link:label>
    <link:label id="lab_ocn_BinomialMember_0364509BB2F09C644EEEE91AEC05F567_label_en-US" xlink:label="lab_ocn_BinomialMember_0364509BB2F09C644EEEE91AEC05F567" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Binomial [Member]</link:label>
    <link:label id="lab_ocn_BinomialMember_0364509BB2F09C644EEEE91AEC05F567_documentation_en-US" xlink:label="lab_ocn_BinomialMember_0364509BB2F09C644EEEE91AEC05F567" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Binomial.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BinomialMember" xlink:label="loc_ocn_BinomialMember_0364509BB2F09C644EEEE91AEC05F567" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BinomialMember_0364509BB2F09C644EEEE91AEC05F567" xlink:to="lab_ocn_BinomialMember_0364509BB2F09C644EEEE91AEC05F567" xlink:type="arc" />
    <link:label id="lab_ocn_MonteCarloMember_1629F1972D1B0897F684E91AEC05B4FE_terseLabel_en-US" xlink:label="lab_ocn_MonteCarloMember_1629F1972D1B0897F684E91AEC05B4FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Monte Carlo [Member]</link:label>
    <link:label id="lab_ocn_MonteCarloMember_1629F1972D1B0897F684E91AEC05B4FE_label_en-US" xlink:label="lab_ocn_MonteCarloMember_1629F1972D1B0897F684E91AEC05B4FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Monte Carlo [Member]</link:label>
    <link:label id="lab_ocn_MonteCarloMember_1629F1972D1B0897F684E91AEC05B4FE_documentation_en-US" xlink:label="lab_ocn_MonteCarloMember_1629F1972D1B0897F684E91AEC05B4FE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Monte Carlo</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MonteCarloMember" xlink:label="loc_ocn_MonteCarloMember_1629F1972D1B0897F684E91AEC05B4FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MonteCarloMember_1629F1972D1B0897F684E91AEC05B4FE" xlink:to="lab_ocn_MonteCarloMember_1629F1972D1B0897F684E91AEC05B4FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_75264A7E7F732B030FABE91AEC05C27D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_75264A7E7F732B030FABE91AEC05C27D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk-free interest rate</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_75264A7E7F732B030FABE91AEC05C27D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_75264A7E7F732B030FABE91AEC05C27D" 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, Fair Value Assumptions, Risk Free Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_75264A7E7F732B030FABE91AEC05C27D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_75264A7E7F732B030FABE91AEC05C27D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_75264A7E7F732B030FABE91AEC05C27D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_9BFC6FA9EBAEE1A59C6EE91AEC05352A_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_9BFC6FA9EBAEE1A59C6EE91AEC05352A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk-free interest rate, minimum</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_9BFC6FA9EBAEE1A59C6EE91AEC05352A_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_9BFC6FA9EBAEE1A59C6EE91AEC05352A" 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, Fair Value Assumptions, Risk Free Interest Rate, Minimum</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_9BFC6FA9EBAEE1A59C6EE91AEC05352A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_9BFC6FA9EBAEE1A59C6EE91AEC05352A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_9BFC6FA9EBAEE1A59C6EE91AEC05352A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_87EBF9791B779BCBC062E91AEC0685C1_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_87EBF9791B779BCBC062E91AEC0685C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk-free interest rate, maximum</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_87EBF9791B779BCBC062E91AEC0685C1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_87EBF9791B779BCBC062E91AEC0685C1" 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, Fair Value Assumptions, Risk Free Interest Rate, Maximum</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_87EBF9791B779BCBC062E91AEC0685C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_87EBF9791B779BCBC062E91AEC0685C1" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_87EBF9791B779BCBC062E91AEC0685C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D862D7A462921EA272F1E91AEC06205E_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D862D7A462921EA272F1E91AEC06205E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected stock price volatility</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D862D7A462921EA272F1E91AEC06205E_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D862D7A462921EA272F1E91AEC06205E" 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, Fair Value Assumptions, Expected Volatility Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D862D7A462921EA272F1E91AEC06205E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D862D7A462921EA272F1E91AEC06205E" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D862D7A462921EA272F1E91AEC06205E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_E372F8A11AD666DD0A68E91AEC062C7E_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_E372F8A11AD666DD0A68E91AEC062C7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected stock price volatility, minimum</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_E372F8A11AD666DD0A68E91AEC062C7E_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_E372F8A11AD666DD0A68E91AEC062C7E" 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, Fair Value Assumptions, Expected Volatility Rate, Minimum</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_E372F8A11AD666DD0A68E91AEC062C7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_E372F8A11AD666DD0A68E91AEC062C7E" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_E372F8A11AD666DD0A68E91AEC062C7E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_7297A56797FF892670F5E91AEC06F49A_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_7297A56797FF892670F5E91AEC06F49A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected stock price volatility, maximum</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_7297A56797FF892670F5E91AEC06F49A_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_7297A56797FF892670F5E91AEC06F49A" 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, Fair Value Assumptions, Expected Volatility Rate, Maximum</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_7297A56797FF892670F5E91AEC06F49A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_7297A56797FF892670F5E91AEC06F49A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_7297A56797FF892670F5E91AEC06F49A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_0211EE17AEC5E95176A4E91AEC066826_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_0211EE17AEC5E95176A4E91AEC066826" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected dividend yield</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_0211EE17AEC5E95176A4E91AEC066826_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_0211EE17AEC5E95176A4E91AEC066826" 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, Fair Value Assumptions, Expected Dividend Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_0211EE17AEC5E95176A4E91AEC066826" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_0211EE17AEC5E95176A4E91AEC066826" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_0211EE17AEC5E95176A4E91AEC066826" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_641279211B8A4D839834E91AEC067B48_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_641279211B8A4D839834E91AEC067B48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected option life (in years)</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_641279211B8A4D839834E91AEC067B48_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_641279211B8A4D839834E91AEC067B48" 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, Fair Value Assumptions, Expected Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_641279211B8A4D839834E91AEC067B48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_641279211B8A4D839834E91AEC067B48" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_641279211B8A4D839834E91AEC067B48" xlink:type="arc" />
    <link:label id="lab_ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife_C182DBC6265ACC5E152DE91AEC06B386_terseLabel_en-US" xlink:label="lab_ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife_C182DBC6265ACC5E152DE91AEC06B386" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual life (in years)</link:label>
    <link:label id="lab_ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife_C182DBC6265ACC5E152DE91AEC06B386_label_en-US" xlink:label="lab_ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife_C182DBC6265ACC5E152DE91AEC06B386" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Contractual Life</link:label>
    <link:label id="lab_ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife_C182DBC6265ACC5E152DE91AEC06B386_documentation_en-US" xlink:label="lab_ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife_C182DBC6265ACC5E152DE91AEC06B386" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based compensation arrangement by share-based payment award fair value assumptions contractual life.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife" xlink:label="loc_ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife_C182DBC6265ACC5E152DE91AEC06B386" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife_C182DBC6265ACC5E152DE91AEC06B386" xlink:to="lab_ocn_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsContractualLife_C182DBC6265ACC5E152DE91AEC06B386" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharePrice_7A30FE25D77D625560DFE91AEC06B3C0_terseLabel_en-US" xlink:label="lab_us-gaap_SharePrice_7A30FE25D77D625560DFE91AEC06B3C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_us-gaap_SharePrice_7A30FE25D77D625560DFE91AEC06B3C0_label_en-US" xlink:label="lab_us-gaap_SharePrice_7A30FE25D77D625560DFE91AEC06B3C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SharePrice" xlink:label="loc_us-gaap_SharePrice_7A30FE25D77D625560DFE91AEC06B3C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharePrice_7A30FE25D77D625560DFE91AEC06B3C0" xlink:to="lab_us-gaap_SharePrice_7A30FE25D77D625560DFE91AEC06B3C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_2C73379B8B7B242916DEB1D5B756CC8B_terseLabel_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_2C73379B8B7B242916DEB1D5B756CC8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings</link:label>
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_2C73379B8B7B242916DEB1D5B756CC8B_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_2C73379B8B7B242916DEB1D5B756CC8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="loc_us-gaap_DebtDisclosureTextBlock_2C73379B8B7B242916DEB1D5B756CC8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureTextBlock_2C73379B8B7B242916DEB1D5B756CC8B" xlink:to="lab_us-gaap_DebtDisclosureTextBlock_2C73379B8B7B242916DEB1D5B756CC8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrent_C023A3D2525DBDC5D207CFD7A58C9A77_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrent_C023A3D2525DBDC5D207CFD7A58C9A77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses in connection with downgrade in servicers rating</link:label>
    <link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrent_C023A3D2525DBDC5D207CFD7A58C9A77_label_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrent_C023A3D2525DBDC5D207CFD7A58C9A77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Accrued Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherAccruedLiabilitiesCurrent" xlink:label="loc_us-gaap_OtherAccruedLiabilitiesCurrent_C023A3D2525DBDC5D207CFD7A58C9A77" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAccruedLiabilitiesCurrent_C023A3D2525DBDC5D207CFD7A58C9A77" xlink:to="lab_us-gaap_OtherAccruedLiabilitiesCurrent_C023A3D2525DBDC5D207CFD7A58C9A77" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfStockByClassTable_E0762468EDEB2BA81FEBDD3F1504926C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfStockByClassTable_E0762468EDEB2BA81FEBDD3F1504926C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Stock by Class [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfStockByClassTable_E0762468EDEB2BA81FEBDD3F1504926C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfStockByClassTable_E0762468EDEB2BA81FEBDD3F1504926C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Stock by Class [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfStockByClassTable" xlink:label="loc_us-gaap_ScheduleOfStockByClassTable_E0762468EDEB2BA81FEBDD3F1504926C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfStockByClassTable_E0762468EDEB2BA81FEBDD3F1504926C" xlink:to="lab_us-gaap_ScheduleOfStockByClassTable_E0762468EDEB2BA81FEBDD3F1504926C" xlink:type="arc" />
    <link:label id="lab_ocn_HomewardAcquisitionMember_72500B9CD1CB5181EEEFDD3F150434BA_verboseLabel_en-US" xlink:label="lab_ocn_HomewardAcquisitionMember_72500B9CD1CB5181EEEFDD3F150434BA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Homeward Acquisition [Member]</link:label>
    <link:label id="lab_ocn_HomewardAcquisitionMember_72500B9CD1CB5181EEEFDD3F150434BA_label_en-US" xlink:label="lab_ocn_HomewardAcquisitionMember_72500B9CD1CB5181EEEFDD3F150434BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Homeward Acquisition [Member]</link:label>
    <link:label id="lab_ocn_HomewardAcquisitionMember_72500B9CD1CB5181EEEFDD3F150434BA_documentation_en-US" xlink:label="lab_ocn_HomewardAcquisitionMember_72500B9CD1CB5181EEEFDD3F150434BA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents information about Homeward acquisitions.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_HomewardAcquisitionMember" xlink:label="loc_ocn_HomewardAcquisitionMember_72500B9CD1CB5181EEEFDD3F150434BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HomewardAcquisitionMember_72500B9CD1CB5181EEEFDD3F150434BA" xlink:to="lab_ocn_HomewardAcquisitionMember_72500B9CD1CB5181EEEFDD3F150434BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_1097FD7A26ED40622027DD3F150423A7_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_1097FD7A26ED40622027DD3F150423A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_1097FD7A26ED40622027DD3F150423A7_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_1097FD7A26ED40622027DD3F150423A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_1097FD7A26ED40622027DD3F150423A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis_1097FD7A26ED40622027DD3F150423A7" xlink:to="lab_us-gaap_StatementClassOfStockAxis_1097FD7A26ED40622027DD3F150423A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassOfStockDomain_82C52046AA5E6F35FD3CDD3F1504DB20_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_82C52046AA5E6F35FD3CDD3F1504DB20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassOfStockDomain_82C52046AA5E6F35FD3CDD3F1504DB20_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_82C52046AA5E6F35FD3CDD3F1504DB20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_82C52046AA5E6F35FD3CDD3F1504DB20" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain_82C52046AA5E6F35FD3CDD3F1504DB20" xlink:to="lab_us-gaap_ClassOfStockDomain_82C52046AA5E6F35FD3CDD3F1504DB20" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConvertiblePreferredStockMember_B645E9D0D49EF38826D5DD3F150594DE_terseLabel_en-US" xlink:label="lab_us-gaap_ConvertiblePreferredStockMember_B645E9D0D49EF38826D5DD3F150594DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series A Perpetual Convertible Preferred Stock [Member]</link:label>
    <link:label id="lab_us-gaap_ConvertiblePreferredStockMember_B645E9D0D49EF38826D5DD3F150594DE_label_en-US" xlink:label="lab_us-gaap_ConvertiblePreferredStockMember_B645E9D0D49EF38826D5DD3F150594DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Convertible Preferred Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ConvertiblePreferredStockMember" xlink:label="loc_us-gaap_ConvertiblePreferredStockMember_B645E9D0D49EF38826D5DD3F150594DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConvertiblePreferredStockMember_B645E9D0D49EF38826D5DD3F150594DE" xlink:to="lab_us-gaap_ConvertiblePreferredStockMember_B645E9D0D49EF38826D5DD3F150594DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassOfStockLineItems_6BDA2203171FFB77A3DDDD3F15063D57_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_6BDA2203171FFB77A3DDDD3F15063D57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Line Items]</link:label>
    <link:label id="lab_us-gaap_ClassOfStockLineItems_6BDA2203171FFB77A3DDDD3F15063D57_label_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_6BDA2203171FFB77A3DDDD3F15063D57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="loc_us-gaap_ClassOfStockLineItems_6BDA2203171FFB77A3DDDD3F15063D57" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockLineItems_6BDA2203171FFB77A3DDDD3F15063D57" xlink:to="lab_us-gaap_ClassOfStockLineItems_6BDA2203171FFB77A3DDDD3F15063D57" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfEquity_F220E723818B8EF48E76DD3F1506AE3E_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfEquity_F220E723818B8EF48E76DD3F1506AE3E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments for repurchase of equity</link:label>
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfEquity_F220E723818B8EF48E76DD3F1506AE3E_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfEquity_F220E723818B8EF48E76DD3F1506AE3E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Repurchase of Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsForRepurchaseOfEquity" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfEquity_F220E723818B8EF48E76DD3F1506AE3E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfEquity_F220E723818B8EF48E76DD3F1506AE3E" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfEquity_F220E723818B8EF48E76DD3F1506AE3E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion_EBE2C348DA5C90F991BEDD3F1506DFAD_verboseLabel_en-US" xlink:label="lab_us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion_EBE2C348DA5C90F991BEDD3F1506DFAD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Shares issued upon election (in shares)</link:label>
    <link:label id="lab_us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion_EBE2C348DA5C90F991BEDD3F1506DFAD_label_en-US" xlink:label="lab_us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion_EBE2C348DA5C90F991BEDD3F1506DFAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Convertible Preferred Stock, Shares Issued upon Conversion</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion" xlink:label="loc_us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion_EBE2C348DA5C90F991BEDD3F1506DFAD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion_EBE2C348DA5C90F991BEDD3F1506DFAD" xlink:to="lab_us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion_EBE2C348DA5C90F991BEDD3F1506DFAD" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfPreferredSharesToBeConverted_07B364B64CCD893791BCDD3F15071EC2_terseLabel_en-US" xlink:label="lab_ocn_NumberOfPreferredSharesToBeConverted_07B364B64CCD893791BCDD3F15071EC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of convertible shares remaining (in shares)</link:label>
    <link:label id="lab_ocn_NumberOfPreferredSharesToBeConverted_07B364B64CCD893791BCDD3F15071EC2_label_en-US" xlink:label="lab_ocn_NumberOfPreferredSharesToBeConverted_07B364B64CCD893791BCDD3F15071EC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Preferred Shares To Be Converted</link:label>
    <link:label id="lab_ocn_NumberOfPreferredSharesToBeConverted_07B364B64CCD893791BCDD3F15071EC2_documentation_en-US" xlink:label="lab_ocn_NumberOfPreferredSharesToBeConverted_07B364B64CCD893791BCDD3F15071EC2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of preferred shares to be converted.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfPreferredSharesToBeConverted" xlink:label="loc_ocn_NumberOfPreferredSharesToBeConverted_07B364B64CCD893791BCDD3F15071EC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfPreferredSharesToBeConverted_07B364B64CCD893791BCDD3F15071EC2" xlink:to="lab_ocn_NumberOfPreferredSharesToBeConverted_07B364B64CCD893791BCDD3F15071EC2" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockSharesIssued_C07B86D357B5DF3E0A8FDD3F1508203A_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_C07B86D357B5DF3E0A8FDD3F1508203A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred shares issued (in shares)</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesIssued_C07B86D357B5DF3E0A8FDD3F1508203A_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_C07B86D357B5DF3E0A8FDD3F1508203A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued_C07B86D357B5DF3E0A8FDD3F1508203A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesIssued_C07B86D357B5DF3E0A8FDD3F1508203A" xlink:to="lab_us-gaap_PreferredStockSharesIssued_C07B86D357B5DF3E0A8FDD3F1508203A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4C20237449CA8F491939DD3F15085F33_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4C20237449CA8F491939DD3F15085F33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4C20237449CA8F491939DD3F15085F33_label_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4C20237449CA8F491939DD3F15085F33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_4C20237449CA8F491939DD3F15085F33" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockParOrStatedValuePerShare_4C20237449CA8F491939DD3F15085F33" xlink:to="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4C20237449CA8F491939DD3F15085F33" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_24CEF69209C024EFADEEDD3F1508F5D5_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_24CEF69209C024EFADEEDD3F1508F5D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, dividend rate</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_24CEF69209C024EFADEEDD3F1508F5D5_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_24CEF69209C024EFADEEDD3F1508F5D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Dividend Rate, Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PreferredStockDividendRatePercentage" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_24CEF69209C024EFADEEDD3F1508F5D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendRatePercentage_24CEF69209C024EFADEEDD3F1508F5D5" xlink:to="lab_us-gaap_PreferredStockDividendRatePercentage_24CEF69209C024EFADEEDD3F1508F5D5" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_BBBDC2FE5A902693ED2ADD3F15083D5C_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_BBBDC2FE5A902693ED2ADD3F15083D5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, dividend rate, per-dollar-amount</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_BBBDC2FE5A902693ED2ADD3F15083D5C_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_BBBDC2FE5A902693ED2ADD3F15083D5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Dividend Rate, Per-Dollar-Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PreferredStockDividendRatePerDollarAmount" xlink:label="loc_us-gaap_PreferredStockDividendRatePerDollarAmount_BBBDC2FE5A902693ED2ADD3F15083D5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendRatePerDollarAmount_BBBDC2FE5A902693ED2ADD3F15083D5C" xlink:to="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_BBBDC2FE5A902693ED2ADD3F15083D5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentConvertibleConversionPrice1_EC2AF573B797D3B342F7DD3F1509B760_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentConvertibleConversionPrice1_EC2AF573B797D3B342F7DD3F1509B760" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion price (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentConvertibleConversionPrice1_EC2AF573B797D3B342F7DD3F1509B760_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentConvertibleConversionPrice1_EC2AF573B797D3B342F7DD3F1509B760" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Convertible, Conversion Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentConvertibleConversionPrice1" xlink:label="loc_us-gaap_DebtInstrumentConvertibleConversionPrice1_EC2AF573B797D3B342F7DD3F1509B760" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentConvertibleConversionPrice1_EC2AF573B797D3B342F7DD3F1509B760" xlink:to="lab_us-gaap_DebtInstrumentConvertibleConversionPrice1_EC2AF573B797D3B342F7DD3F1509B760" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_485A8DBABBAE70C1486FD0F415CCA539_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_485A8DBABBAE70C1486FD0F415CCA539" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Losses on economic hedges</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_485A8DBABBAE70C1486FD0F415CCA539_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_485A8DBABBAE70C1486FD0F415CCA539" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:label="loc_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_485A8DBABBAE70C1486FD0F415CCA539" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_485A8DBABBAE70C1486FD0F415CCA539" xlink:to="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_485A8DBABBAE70C1486FD0F415CCA539" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_343AD58D121A2C373E7ED0F415CCF0C0_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_343AD58D121A2C373E7ED0F415CCF0C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ineffectiveness of cash flow hedges</link:label>
    <link:label id="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_343AD58D121A2C373E7ED0F415CCF0C0_label_en-US" xlink:label="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_343AD58D121A2C373E7ED0F415CCF0C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness" xlink:label="loc_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_343AD58D121A2C373E7ED0F415CCF0C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_343AD58D121A2C373E7ED0F415CCF0C0" xlink:to="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_343AD58D121A2C373E7ED0F415CCF0C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfDeferredHedgeGains_7C652EA1AF49F321B84FD0F415CC4E9F_negatedLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfDeferredHedgeGains_7C652EA1AF49F321B84FD0F415CC4E9F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Write-off of losses in AOCL for a discontinued hedge relationship</link:label>
    <link:label id="lab_us-gaap_AmortizationOfDeferredHedgeGains_7C652EA1AF49F321B84FD0F415CC4E9F_label_en-US" xlink:label="lab_us-gaap_AmortizationOfDeferredHedgeGains_7C652EA1AF49F321B84FD0F415CC4E9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Deferred Hedge Gains</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AmortizationOfDeferredHedgeGains" xlink:label="loc_us-gaap_AmortizationOfDeferredHedgeGains_7C652EA1AF49F321B84FD0F415CC4E9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfDeferredHedgeGains_7C652EA1AF49F321B84FD0F415CC4E9F" xlink:to="lab_us-gaap_AmortizationOfDeferredHedgeGains_7C652EA1AF49F321B84FD0F415CC4E9F" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeGainLossOnDerivativeNet_0BE800B47D012724C020D0F415CC7C59_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeGainLossOnDerivativeNet_0BE800B47D012724C020D0F415CC7C59" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Derivative, Net</link:label>
    <link:label id="lab_us-gaap_DerivativeGainLossOnDerivativeNet_0BE800B47D012724C020D0F415CC7C59_label_en-US" xlink:label="lab_us-gaap_DerivativeGainLossOnDerivativeNet_0BE800B47D012724C020D0F415CC7C59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Gain (Loss) on Derivative, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="loc_us-gaap_DerivativeGainLossOnDerivativeNet_0BE800B47D012724C020D0F415CC7C59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeGainLossOnDerivativeNet_0BE800B47D012724C020D0F415CC7C59" xlink:to="lab_us-gaap_DerivativeGainLossOnDerivativeNet_0BE800B47D012724C020D0F415CC7C59" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock_A2A4E036E04B6AA28CCB11A63FE73680_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock_A2A4E036E04B6AA28CCB11A63FE73680" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Property and Equipment Useful Lives</link:label>
    <link:label id="lab_ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock_A2A4E036E04B6AA28CCB11A63FE73680_label_en-US" xlink:label="lab_ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock_A2A4E036E04B6AA28CCB11A63FE73680" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Property And Equipment Useful Lives [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock_A2A4E036E04B6AA28CCB11A63FE73680_documentation_en-US" xlink:label="lab_ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock_A2A4E036E04B6AA28CCB11A63FE73680" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of estimated useful lives of property and equipment.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock" xlink:label="loc_ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock_A2A4E036E04B6AA28CCB11A63FE73680" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock_A2A4E036E04B6AA28CCB11A63FE73680" xlink:to="lab_ocn_ScheduleOfPropertyAndEquipmentUsefulLivesTableTextBlock_A2A4E036E04B6AA28CCB11A63FE73680" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18C675DC4F5CF3E41C8B1DD662B4BA6C_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18C675DC4F5CF3E41C8B1DD662B4BA6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Axis]</link:label>
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18C675DC4F5CF3E41C8B1DD662B4BA6C_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18C675DC4F5CF3E41C8B1DD662B4BA6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18C675DC4F5CF3E41C8B1DD662B4BA6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18C675DC4F5CF3E41C8B1DD662B4BA6C" xlink:to="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18C675DC4F5CF3E41C8B1DD662B4BA6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F35BC0D4416CA4CCC0EE1DD662B4E3AD_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F35BC0D4416CA4CCC0EE1DD662B4E3AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Domain]</link:label>
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F35BC0D4416CA4CCC0EE1DD662B4E3AD_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F35BC0D4416CA4CCC0EE1DD662B4E3AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F35BC0D4416CA4CCC0EE1DD662B4E3AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F35BC0D4416CA4CCC0EE1DD662B4E3AD" xlink:to="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F35BC0D4416CA4CCC0EE1DD662B4E3AD" xlink:type="arc" />
    <link:label id="lab_ocn_HomeEquityConversionMortgagesMember_3D565A59FF4B9A23074A1DD662B4577E_terseLabel_en-US" xlink:label="lab_ocn_HomeEquityConversionMortgagesMember_3D565A59FF4B9A23074A1DD662B4577E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HECM [Member]</link:label>
    <link:label id="lab_ocn_HomeEquityConversionMortgagesMember_3D565A59FF4B9A23074A1DD662B4577E_label_en-US" xlink:label="lab_ocn_HomeEquityConversionMortgagesMember_3D565A59FF4B9A23074A1DD662B4577E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Home Equity Conversion Mortgages [Member]</link:label>
    <link:label id="lab_ocn_HomeEquityConversionMortgagesMember_3D565A59FF4B9A23074A1DD662B4577E_documentation_en-US" xlink:label="lab_ocn_HomeEquityConversionMortgagesMember_3D565A59FF4B9A23074A1DD662B4577E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents home equity conversion mortgages.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_HomeEquityConversionMortgagesMember" xlink:label="loc_ocn_HomeEquityConversionMortgagesMember_3D565A59FF4B9A23074A1DD662B4577E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HomeEquityConversionMortgagesMember_3D565A59FF4B9A23074A1DD662B4577E" xlink:to="lab_ocn_HomeEquityConversionMortgagesMember_3D565A59FF4B9A23074A1DD662B4577E" xlink:type="arc" />
    <link:label id="lab_ocn_AveragePeriodtoSecuritization_07109AE0DE326A096DB61DD662B5F0B8_terseLabel_en-US" xlink:label="lab_ocn_AveragePeriodtoSecuritization_07109AE0DE326A096DB61DD662B5F0B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average period to securitization</link:label>
    <link:label id="lab_ocn_AveragePeriodtoSecuritization_07109AE0DE326A096DB61DD662B5F0B8_label_en-US" xlink:label="lab_ocn_AveragePeriodtoSecuritization_07109AE0DE326A096DB61DD662B5F0B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Average Period to Securitization</link:label>
    <link:label id="lab_ocn_AveragePeriodtoSecuritization_07109AE0DE326A096DB61DD662B5F0B8_documentation_en-US" xlink:label="lab_ocn_AveragePeriodtoSecuritization_07109AE0DE326A096DB61DD662B5F0B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Time period in which securitization takes place after loan closing or purchase.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AveragePeriodtoSecuritization" xlink:label="loc_ocn_AveragePeriodtoSecuritization_07109AE0DE326A096DB61DD662B5F0B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AveragePeriodtoSecuritization_07109AE0DE326A096DB61DD662B5F0B8" xlink:to="lab_ocn_AveragePeriodtoSecuritization_07109AE0DE326A096DB61DD662B5F0B8" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales_271D6C2091B8D99BEE6B1DD662B53298_terseLabel_en-US" xlink:label="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales_271D6C2091B8D99BEE6B1DD662B53298" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MSRs retained</link:label>
    <link:label id="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales_271D6C2091B8D99BEE6B1DD662B53298_label_en-US" xlink:label="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales_271D6C2091B8D99BEE6B1DD662B53298" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Assets at Amortized Cost, Additions Recognized from Securitization Trusts Related To Transfers Accounted For As Sales</link:label>
    <link:label id="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales_271D6C2091B8D99BEE6B1DD662B53298_documentation_en-US" xlink:label="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales_271D6C2091B8D99BEE6B1DD662B53298" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of mortgage servicing rights (MSRs) retained in connection with transfer of securitized loans accounted for as sales.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales" xlink:label="loc_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales_271D6C2091B8D99BEE6B1DD662B53298" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales_271D6C2091B8D99BEE6B1DD662B53298" xlink:to="lab_ocn_ServicingAssetsatAmortizedCostAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales_271D6C2091B8D99BEE6B1DD662B53298" xlink:type="arc" />
    <link:label id="lab_ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue_BA48457EB9AF553380C21DD662B54BCC_terseLabel_en-US" xlink:label="lab_ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue_BA48457EB9AF553380C21DD662B54BCC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of transferred residential loans serviced 60 days or more past due</link:label>
    <link:label id="lab_ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue_BA48457EB9AF553380C21DD662B54BCC_label_en-US" xlink:label="lab_ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue_BA48457EB9AF553380C21DD662B54BCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due</link:label>
    <link:label id="lab_ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue_BA48457EB9AF553380C21DD662B54BCC_documentation_en-US" xlink:label="lab_ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue_BA48457EB9AF553380C21DD662B54BCC" 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-20151231.xsd#ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue" xlink:label="loc_ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue_BA48457EB9AF553380C21DD662B54BCC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue_BA48457EB9AF553380C21DD662B54BCC" xlink:to="lab_ocn_PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue_BA48457EB9AF553380C21DD662B54BCC" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue_2591027B60B3DABB14AC1DD662B58503_terseLabel_en-US" xlink:label="lab_ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue_2591027B60B3DABB14AC1DD662B58503" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of days that transferred residential loans serviced were past due</link:label>
    <link:label id="lab_ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue_2591027B60B3DABB14AC1DD662B58503_label_en-US" xlink:label="lab_ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue_2591027B60B3DABB14AC1DD662B58503" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Days That Transferred Residential Loans Serviced Were Past Due</link:label>
    <link:label id="lab_ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue_2591027B60B3DABB14AC1DD662B58503_documentation_en-US" xlink:label="lab_ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue_2591027B60B3DABB14AC1DD662B58503" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of days that transferred residential loans serviced were past due.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue" xlink:label="loc_ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue_2591027B60B3DABB14AC1DD662B58503" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue_2591027B60B3DABB14AC1DD662B58503" xlink:to="lab_ocn_NumberOfDaysThatTransferredResidentialLoansServicedWerePastDue_2591027B60B3DABB14AC1DD662B58503" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNet_57CFC7CF97BFCB1D523D1DD662B5FB7B_terseLabel_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNet_57CFC7CF97BFCB1D523D1DD662B5FB7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Charge-offs, net of recovers, associated with transferred residential loans serviced 60 days or more past due</link:label>
    <link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNet_57CFC7CF97BFCB1D523D1DD662B5FB7B_label_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNet_57CFC7CF97BFCB1D523D1DD662B5FB7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allowance for Loan and Lease Losses Write-offs, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNet" xlink:label="loc_us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNet_57CFC7CF97BFCB1D523D1DD662B5FB7B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNet_57CFC7CF97BFCB1D523D1DD662B5FB7B" xlink:to="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNet_57CFC7CF97BFCB1D523D1DD662B5FB7B" xlink:type="arc" />
    <link:label id="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_A3CF0CE4755DEDBC8C1D1DD662B56667_terseLabel_en-US" xlink:label="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_A3CF0CE4755DEDBC8C1D1DD662B56667" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HMBS-related borrowings</link:label>
    <link:label id="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_A3CF0CE4755DEDBC8C1D1DD662B56667_label_en-US" xlink:label="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_A3CF0CE4755DEDBC8C1D1DD662B56667" 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_A3CF0CE4755DEDBC8C1D1DD662B56667_documentation_en-US" xlink:label="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_A3CF0CE4755DEDBC8C1D1DD662B56667" 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-20151231.xsd#ocn_SecuredBorrowingsWithPledgeOfCollateral" xlink:label="loc_ocn_SecuredBorrowingsWithPledgeOfCollateral_A3CF0CE4755DEDBC8C1D1DD662B56667" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SecuredBorrowingsWithPledgeOfCollateral_A3CF0CE4755DEDBC8C1D1DD662B56667" xlink:to="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_A3CF0CE4755DEDBC8C1D1DD662B56667" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansPledgedAsCollateral_36E2B158AEE04DF6B5071DD662B5FB3A_terseLabel_en-US" xlink:label="lab_us-gaap_LoansPledgedAsCollateral_36E2B158AEE04DF6B5071DD662B5FB3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HECMs pledged as collateral</link:label>
    <link:label id="lab_us-gaap_LoansPledgedAsCollateral_36E2B158AEE04DF6B5071DD662B5FB3A_label_en-US" xlink:label="lab_us-gaap_LoansPledgedAsCollateral_36E2B158AEE04DF6B5071DD662B5FB3A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LoansPledgedAsCollateral" xlink:label="loc_us-gaap_LoansPledgedAsCollateral_36E2B158AEE04DF6B5071DD662B5FB3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansPledgedAsCollateral_36E2B158AEE04DF6B5071DD662B5FB3A" xlink:to="lab_us-gaap_LoansPledgedAsCollateral_36E2B158AEE04DF6B5071DD662B5FB3A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivablesAbstract_A422C0C42246A03F4A16E62C297B4190_label_en-US" xlink:label="lab_us-gaap_ReceivablesAbstract_A422C0C42246A03F4A16E62C297B4190" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ReceivablesAbstract" xlink:label="loc_us-gaap_ReceivablesAbstract_A422C0C42246A03F4A16E62C297B4190" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivablesAbstract_A422C0C42246A03F4A16E62C297B4190" xlink:to="lab_us-gaap_ReceivablesAbstract_A422C0C42246A03F4A16E62C297B4190" xlink:type="arc" />
    <link:label id="lab_ocn_MovementInLoansHeldForSaleAtFairValueRollForward_5D41B008C1BEBA945225E62C297BBB81_terseLabel_en-US" xlink:label="lab_ocn_MovementInLoansHeldForSaleAtFairValueRollForward_5D41B008C1BEBA945225E62C297BBB81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Movement In Loans Held For Sale At Fair Value [Roll Forward]</link:label>
    <link:label id="lab_ocn_MovementInLoansHeldForSaleAtFairValueRollForward_5D41B008C1BEBA945225E62C297BBB81_label_en-US" xlink:label="lab_ocn_MovementInLoansHeldForSaleAtFairValueRollForward_5D41B008C1BEBA945225E62C297BBB81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Movement In Loans Held For Sale At Fair Value [Roll Forward]</link:label>
    <link:label id="lab_ocn_MovementInLoansHeldForSaleAtFairValueRollForward_5D41B008C1BEBA945225E62C297BBB81_documentation_en-US" xlink:label="lab_ocn_MovementInLoansHeldForSaleAtFairValueRollForward_5D41B008C1BEBA945225E62C297BBB81" 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-20151231.xsd#ocn_MovementInLoansHeldForSaleAtFairValueRollForward" xlink:label="loc_ocn_MovementInLoansHeldForSaleAtFairValueRollForward_5D41B008C1BEBA945225E62C297BBB81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MovementInLoansHeldForSaleAtFairValueRollForward_5D41B008C1BEBA945225E62C297BBB81" xlink:to="lab_ocn_MovementInLoansHeldForSaleAtFairValueRollForward_5D41B008C1BEBA945225E62C297BBB81" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_38860C1902F137FEFAF2E62C297BB9D0_periodStartLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_38860C1902F137FEFAF2E62C297BB9D0" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_38860C1902F137FEFAF2E62C297BB9D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_38860C1902F137FEFAF2E62C297BB9D0" xlink:to="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_38860C1902F137FEFAF2E62C297BB9D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_042A9C246294CC6AE26AE62C297C50A9_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_042A9C246294CC6AE26AE62C297C50A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Originations and purchases</link:label>
    <link:label id="lab_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_042A9C246294CC6AE26AE62C297C50A9_label_en-US" xlink:label="lab_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_042A9C246294CC6AE26AE62C297C50A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Origination of Mortgage Loans Held-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale" xlink:label="loc_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_042A9C246294CC6AE26AE62C297C50A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_042A9C246294CC6AE26AE62C297C50A9" xlink:to="lab_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_042A9C246294CC6AE26AE62C297C50A9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_59097BA2F164474AE0C0E62C297DA8C3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_59097BA2F164474AE0C0E62C297DA8C3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sales</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_59097BA2F164474AE0C0E62C297DA8C3_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_59097BA2F164474AE0C0E62C297DA8C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Mortgage Loans Held-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale" xlink:label="loc_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_59097BA2F164474AE0C0E62C297DA8C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_59097BA2F164474AE0C0E62C297DA8C3" xlink:to="lab_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_59097BA2F164474AE0C0E62C297DA8C3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_D2A558BCB474B16C1928E62C297DF859_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_D2A558BCB474B16C1928E62C297DF859" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Principal collections</link:label>
    <link:label id="lab_us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_D2A558BCB474B16C1928E62C297DF859_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_D2A558BCB474B16C1928E62C297DF859" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Loan and Lease Originations and Principal Collections</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1" xlink:label="loc_us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_D2A558BCB474B16C1928E62C297DF859" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_D2A558BCB474B16C1928E62C297DF859" xlink:to="lab_us-gaap_ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1_D2A558BCB474B16C1928E62C297DF859" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale_F23F83ABE7268CD2CB19E62C297D6983_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale_F23F83ABE7268CD2CB19E62C297D6983" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers to loans held for investment - reverse mortgages</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale_F23F83ABE7268CD2CB19E62C297D6983_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale_F23F83ABE7268CD2CB19E62C297D6983" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Mortgage Loans Held-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale" xlink:label="loc_us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale_F23F83ABE7268CD2CB19E62C297D6983" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale_F23F83ABE7268CD2CB19E62C297D6983" xlink:to="lab_us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale_F23F83ABE7268CD2CB19E62C297D6983" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfMortgageLoans_0BFDF404A34C12C328DFE62C297DD925_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfMortgageLoans_0BFDF404A34C12C328DFE62C297DD925" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain (loss) on sale of loans</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfMortgageLoans_0BFDF404A34C12C328DFE62C297DD925_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfMortgageLoans_0BFDF404A34C12C328DFE62C297DD925" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Mortgage Loans</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainLossOnSaleOfMortgageLoans" xlink:label="loc_us-gaap_GainLossOnSaleOfMortgageLoans_0BFDF404A34C12C328DFE62C297DD925" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfMortgageLoans_0BFDF404A34C12C328DFE62C297DD925" xlink:to="lab_us-gaap_GainLossOnSaleOfMortgageLoans_0BFDF404A34C12C328DFE62C297DD925" xlink:type="arc" />
    <link:label id="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_C87CD4FBC5B25599FE36E62C297D18C6_terseLabel_en-US" xlink:label="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_C87CD4FBC5B25599FE36E62C297D18C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_C87CD4FBC5B25599FE36E62C297D18C6_label_en-US" xlink:label="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_C87CD4FBC5B25599FE36E62C297D18C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Adjustment Mortgage Loans Held For Sale</link:label>
    <link:label id="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_C87CD4FBC5B25599FE36E62C297D18C6_documentation_en-US" xlink:label="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_C87CD4FBC5B25599FE36E62C297D18C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents amount of addition or reductions in principal on mortgage loans held for sale other than foreclosures, costs of mortgages sold, and amortization of premium during the reporting period.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OtherAdjustmentMortgageLoansHeldForSale" xlink:label="loc_ocn_OtherAdjustmentMortgageLoansHeldForSale_C87CD4FBC5B25599FE36E62C297D18C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherAdjustmentMortgageLoansHeldForSale_C87CD4FBC5B25599FE36E62C297D18C6" xlink:to="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_C87CD4FBC5B25599FE36E62C297D18C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_2E904845383E6B046A60E62C297E4874_periodEndLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_2E904845383E6B046A60E62C297E4874" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_2E904845383E6B046A60E62C297E4874" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_2E904845383E6B046A60E62C297E4874" xlink:to="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_2E904845383E6B046A60E62C297E4874" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldforSaleAtFairValueTextBlock_828A50E082A5B9E50650B1D5BCAC0453_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldforSaleAtFairValueTextBlock_828A50E082A5B9E50650B1D5BCAC0453" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Held for Sale</link:label>
    <link:label id="lab_ocn_LoansHeldforSaleAtFairValueTextBlock_828A50E082A5B9E50650B1D5BCAC0453_label_en-US" xlink:label="lab_ocn_LoansHeldforSaleAtFairValueTextBlock_828A50E082A5B9E50650B1D5BCAC0453" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held for Sale At Fair Value [Text Block]</link:label>
    <link:label id="lab_ocn_LoansHeldforSaleAtFairValueTextBlock_828A50E082A5B9E50650B1D5BCAC0453_documentation_en-US" xlink:label="lab_ocn_LoansHeldforSaleAtFairValueTextBlock_828A50E082A5B9E50650B1D5BCAC0453" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans Held for Sale At Fair Value [Text Block]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoansHeldforSaleAtFairValueTextBlock" xlink:label="loc_ocn_LoansHeldforSaleAtFairValueTextBlock_828A50E082A5B9E50650B1D5BCAC0453" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldforSaleAtFairValueTextBlock_828A50E082A5B9E50650B1D5BCAC0453" xlink:to="lab_ocn_LoansHeldforSaleAtFairValueTextBlock_828A50E082A5B9E50650B1D5BCAC0453" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialAssetsAbstract_1094275361DC1E7C45C65E613EF090DC_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialAssetsAbstract_1094275361DC1E7C45C65E613EF090DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers and Servicing of Financial Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialAssetsAbstract" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialAssetsAbstract_1094275361DC1E7C45C65E613EF090DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAndServicingOfFinancialAssetsAbstract_1094275361DC1E7C45C65E613EF090DC" xlink:to="lab_us-gaap_TransfersAndServicingOfFinancialAssetsAbstract_1094275361DC1E7C45C65E613EF090DC" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock_BB073D48CEAC8232002F5E64C6A87B6C_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock_BB073D48CEAC8232002F5E64C6A87B6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of MSRs and Advances Sold</link:label>
    <link:label id="lab_ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock_BB073D48CEAC8232002F5E64C6A87B6C_label_en-US" xlink:label="lab_ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock_BB073D48CEAC8232002F5E64C6A87B6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Mortgage Servicing Rights And Advances Sold [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock_BB073D48CEAC8232002F5E64C6A87B6C_documentation_en-US" xlink:label="lab_ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock_BB073D48CEAC8232002F5E64C6A87B6C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of mortgage servicing rights and advances sold during the period.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock" xlink:label="loc_ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock_BB073D48CEAC8232002F5E64C6A87B6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock_BB073D48CEAC8232002F5E64C6A87B6C" xlink:to="lab_ocn_ScheduleOfMortgageServicingRightsAndAdvancesSoldTableTextBlock_BB073D48CEAC8232002F5E64C6A87B6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeTable_5FB3C6D1D5B31EC5BDA2CF68805CAD90_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeTable_5FB3C6D1D5B31EC5BDA2CF68805CAD90" 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_5FB3C6D1D5B31EC5BDA2CF68805CAD90_label_en-US" xlink:label="lab_us-gaap_DerivativeTable_5FB3C6D1D5B31EC5BDA2CF68805CAD90" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeTable" xlink:label="loc_us-gaap_DerivativeTable_5FB3C6D1D5B31EC5BDA2CF68805CAD90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeTable_5FB3C6D1D5B31EC5BDA2CF68805CAD90" xlink:to="lab_us-gaap_DerivativeTable_5FB3C6D1D5B31EC5BDA2CF68805CAD90" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_2B8A9F8425B8093AED19CF68805C0882_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_2B8A9F8425B8093AED19CF68805C0882" 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_2B8A9F8425B8093AED19CF68805C0882_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_2B8A9F8425B8093AED19CF68805C0882" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_2B8A9F8425B8093AED19CF68805C0882" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_2B8A9F8425B8093AED19CF68805C0882" xlink:to="lab_us-gaap_DerivativeInstrumentRiskAxis_2B8A9F8425B8093AED19CF68805C0882" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_2757AC9287DA4B746ACCCF68805C407C_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_2757AC9287DA4B746ACCCF68805C407C" 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_2757AC9287DA4B746ACCCF68805C407C_label_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_2757AC9287DA4B746ACCCF68805C407C" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_2757AC9287DA4B746ACCCF68805C407C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_2757AC9287DA4B746ACCCF68805C407C" xlink:to="lab_us-gaap_DerivativeContractTypeDomain_2757AC9287DA4B746ACCCF68805C407C" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateLockCommitmentsMember_C352DA0D1B213A91556ECF6880613ED2_verboseLabel_en-US" xlink:label="lab_us-gaap_InterestRateLockCommitmentsMember_C352DA0D1B213A91556ECF6880613ED2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">IRLCs [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestRateLockCommitmentsMember" xlink:label="loc_us-gaap_InterestRateLockCommitmentsMember_C352DA0D1B213A91556ECF6880613ED2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateLockCommitmentsMember_C352DA0D1B213A91556ECF6880613ED2" xlink:to="lab_us-gaap_InterestRateLockCommitmentsMember_C352DA0D1B213A91556ECF6880613ED2" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementLocationAxis_226FFA69280598F9D688CF688061543B_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_226FFA69280598F9D688CF688061543B" 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_226FFA69280598F9D688CF688061543B_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_226FFA69280598F9D688CF688061543B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="loc_us-gaap_IncomeStatementLocationAxis_226FFA69280598F9D688CF688061543B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationAxis_226FFA69280598F9D688CF688061543B" xlink:to="lab_us-gaap_IncomeStatementLocationAxis_226FFA69280598F9D688CF688061543B" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_13FB51469C943DDF7BCBCF688062B586_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_13FB51469C943DDF7BCBCF688062B586" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_13FB51469C943DDF7BCBCF688062B586_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_13FB51469C943DDF7BCBCF688062B586" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="loc_us-gaap_IncomeStatementLocationDomain_13FB51469C943DDF7BCBCF688062B586" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationDomain_13FB51469C943DDF7BCBCF688062B586" xlink:to="lab_us-gaap_IncomeStatementLocationDomain_13FB51469C943DDF7BCBCF688062B586" xlink:type="arc" />
    <link:label id="lab_ocn_OtherNetMember_1F118F2BD6FC527E82EFCF6880626476_terseLabel_en-US" xlink:label="lab_ocn_OtherNetMember_1F118F2BD6FC527E82EFCF6880626476" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Net [Member]</link:label>
    <link:label id="lab_ocn_OtherNetMember_1F118F2BD6FC527E82EFCF6880626476_label_en-US" xlink:label="lab_ocn_OtherNetMember_1F118F2BD6FC527E82EFCF6880626476" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Net [Member]</link:label>
    <link:label id="lab_ocn_OtherNetMember_1F118F2BD6FC527E82EFCF6880626476_documentation_en-US" xlink:label="lab_ocn_OtherNetMember_1F118F2BD6FC527E82EFCF6880626476" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents other net not defined elsewhere.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OtherNetMember" xlink:label="loc_ocn_OtherNetMember_1F118F2BD6FC527E82EFCF6880626476" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherNetMember_1F118F2BD6FC527E82EFCF6880626476" xlink:to="lab_ocn_OtherNetMember_1F118F2BD6FC527E82EFCF6880626476" xlink:type="arc" />
    <link:label id="lab_ocn_GainOnLoansHeldForSaleNetMember_DB575CB5769577397088CF688062DC25_terseLabel_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNetMember_DB575CB5769577397088CF688062DC25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain On Loans Held For Sale Net [Member]</link:label>
    <link:label id="lab_ocn_GainOnLoansHeldForSaleNetMember_DB575CB5769577397088CF688062DC25_label_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNetMember_DB575CB5769577397088CF688062DC25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain On Loans Held For Sale Net [Member]</link:label>
    <link:label id="lab_ocn_GainOnLoansHeldForSaleNetMember_DB575CB5769577397088CF688062DC25_documentation_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNetMember_DB575CB5769577397088CF688062DC25" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_GainOnLoansHeldForSaleNetMember" xlink:label="loc_ocn_GainOnLoansHeldForSaleNetMember_DB575CB5769577397088CF688062DC25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainOnLoansHeldForSaleNetMember_DB575CB5769577397088CF688062DC25" xlink:to="lab_ocn_GainOnLoansHeldForSaleNetMember_DB575CB5769577397088CF688062DC25" xlink:type="arc" />
    <link:label id="lab_us-gaap_HedgingDesignationAxis_D8CBD97E44B8364AE4A3CF68806278E7_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis_D8CBD97E44B8364AE4A3CF68806278E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging Designation [Axis]</link:label>
    <link:label id="lab_us-gaap_HedgingDesignationAxis_D8CBD97E44B8364AE4A3CF68806278E7_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis_D8CBD97E44B8364AE4A3CF68806278E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Designation [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="loc_us-gaap_HedgingDesignationAxis_D8CBD97E44B8364AE4A3CF68806278E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationAxis_D8CBD97E44B8364AE4A3CF68806278E7" xlink:to="lab_us-gaap_HedgingDesignationAxis_D8CBD97E44B8364AE4A3CF68806278E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_HedgingDesignationDomain_F29CFB80B685B382A7E2CF6880629D6F_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_F29CFB80B685B382A7E2CF6880629D6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging Designation [Domain]</link:label>
    <link:label id="lab_us-gaap_HedgingDesignationDomain_F29CFB80B685B382A7E2CF6880629D6F_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_F29CFB80B685B382A7E2CF6880629D6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Designation [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="loc_us-gaap_HedgingDesignationDomain_F29CFB80B685B382A7E2CF6880629D6F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationDomain_F29CFB80B685B382A7E2CF6880629D6F" xlink:to="lab_us-gaap_HedgingDesignationDomain_F29CFB80B685B382A7E2CF6880629D6F" xlink:type="arc" />
    <link:label id="lab_us-gaap_NondesignatedMember_1F34CF2ABF9242CAD4A9CF6880625DEE_terseLabel_en-US" xlink:label="lab_us-gaap_NondesignatedMember_1F34CF2ABF9242CAD4A9CF6880625DEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Not Designated as Hedging Instrument [Member]</link:label>
    <link:label id="lab_us-gaap_NondesignatedMember_1F34CF2ABF9242CAD4A9CF6880625DEE_label_en-US" xlink:label="lab_us-gaap_NondesignatedMember_1F34CF2ABF9242CAD4A9CF6880625DEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not Designated as Hedging Instrument [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="loc_us-gaap_NondesignatedMember_1F34CF2ABF9242CAD4A9CF6880625DEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NondesignatedMember_1F34CF2ABF9242CAD4A9CF6880625DEE" xlink:to="lab_us-gaap_NondesignatedMember_1F34CF2ABF9242CAD4A9CF6880625DEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeLineItems_82128346703C0949F7B3CF688062E8E7_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_82128346703C0949F7B3CF688062E8E7" 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_82128346703C0949F7B3CF688062E8E7_label_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_82128346703C0949F7B3CF688062E8E7" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="loc_us-gaap_DerivativeLineItems_82128346703C0949F7B3CF688062E8E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLineItems_82128346703C0949F7B3CF688062E8E7" xlink:to="lab_us-gaap_DerivativeLineItems_82128346703C0949F7B3CF688062E8E7" xlink:type="arc" />
    <link:label id="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_AFB0ECA1D30781E3ABB9CF68806214BD_terseLabel_en-US" xlink:label="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_AFB0ECA1D30781E3ABB9CF68806214BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge the effect of changes in interest rates on interest expense on borrowings</link:label>
    <link:label id="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_AFB0ECA1D30781E3ABB9CF68806214BD_label_en-US" xlink:label="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_AFB0ECA1D30781E3ABB9CF68806214BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedge the effect of changes in interest rates on interest expense on borrowings [Abstract]</link:label>
    <link:label id="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_AFB0ECA1D30781E3ABB9CF68806214BD_documentation_en-US" xlink:label="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_AFB0ECA1D30781E3ABB9CF68806214BD" 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-20151231.xsd#ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract" xlink:label="loc_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_AFB0ECA1D30781E3ABB9CF68806214BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_AFB0ECA1D30781E3ABB9CF68806214BD" xlink:to="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_AFB0ECA1D30781E3ABB9CF68806214BD" xlink:type="arc" />
    <link:label id="lab_ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate_466CBF39AEF240F28A7CCF688062BF9D_terseLabel_en-US" xlink:label="lab_ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate_466CBF39AEF240F28A7CCF688062BF9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expiration Date</link:label>
    <link:label id="lab_ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate_466CBF39AEF240F28A7CCF688062BF9D_label_en-US" xlink:label="lab_ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate_466CBF39AEF240F28A7CCF688062BF9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Derivatives Not Designated As Hedges Expiration Date</link:label>
    <link:label id="lab_ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate_466CBF39AEF240F28A7CCF688062BF9D_documentation_en-US" xlink:label="lab_ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate_466CBF39AEF240F28A7CCF688062BF9D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest rate derivatives not designated as hedges expiration date.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate" xlink:label="loc_ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate_466CBF39AEF240F28A7CCF688062BF9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate_466CBF39AEF240F28A7CCF688062BF9D" xlink:to="lab_ocn_InterestRateDerivativesNotDesignatedAsHedgesExpirationDate_466CBF39AEF240F28A7CCF688062BF9D" xlink:type="arc" />
    <link:label id="lab_invest_DerivativeNotionalAmount_9D48BA4ABE90C13C7E8ACF6880620360_terseLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_9D48BA4ABE90C13C7E8ACF6880620360" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notional Amount</link:label>
    <link:label id="lab_invest_DerivativeNotionalAmount_9D48BA4ABE90C13C7E8ACF6880620360_label_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_9D48BA4ABE90C13C7E8ACF6880620360" 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_9D48BA4ABE90C13C7E8ACF6880620360" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_9D48BA4ABE90C13C7E8ACF6880620360" xlink:to="lab_invest_DerivativeNotionalAmount_9D48BA4ABE90C13C7E8ACF6880620360" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet_E97EB00AC9BC60610EB3CF6880620EC2_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet_E97EB00AC9BC60610EB3CF6880620EC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset / (Liability) at Fair Value</link:label>
    <link:label id="lab_us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet_E97EB00AC9BC60610EB3CF6880620EC2_label_en-US" xlink:label="lab_us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet_E97EB00AC9BC60610EB3CF6880620EC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Derivative Instruments Not Designated as Hedging Instruments at Fair Value, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet" xlink:label="loc_us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet_E97EB00AC9BC60610EB3CF6880620EC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet_E97EB00AC9BC60610EB3CF6880620EC2" xlink:to="lab_us-gaap_InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAtFairValueNet_E97EB00AC9BC60610EB3CF6880620EC2" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_98B51C3A4BD1E31D7851CF688062F6C6_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_98B51C3A4BD1E31D7851CF688062F6C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (Losses)</link:label>
    <link:label id="lab_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_98B51C3A4BD1E31D7851CF688062F6C6_label_en-US" xlink:label="lab_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_98B51C3A4BD1E31D7851CF688062F6C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xlink:label="loc_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_98B51C3A4BD1E31D7851CF688062F6C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_98B51C3A4BD1E31D7851CF688062F6C6" xlink:to="lab_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments_98B51C3A4BD1E31D7851CF688062F6C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsInFinancialStatements_2F0B883C23CBC1445CC1CF688062327D_terseLabel_en-US" xlink:label="lab_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsInFinancialStatements_2F0B883C23CBC1445CC1CF688062327D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated Statement of Operations Caption</link:label>
    <link:label id="lab_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsInFinancialStatements_2F0B883C23CBC1445CC1CF688062327D_label_en-US" xlink:label="lab_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsInFinancialStatements_2F0B883C23CBC1445CC1CF688062327D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of Location of Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments in Financial Statements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsInFinancialStatements" xlink:label="loc_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsInFinancialStatements_2F0B883C23CBC1445CC1CF688062327D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsInFinancialStatements_2F0B883C23CBC1445CC1CF688062327D" xlink:to="lab_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsInFinancialStatements_2F0B883C23CBC1445CC1CF688062327D" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_237855AF9B61C08A66A3B1D5BBAEBF50_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_237855AF9B61C08A66A3B1D5BBAEBF50" 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_237855AF9B61C08A66A3B1D5BBAEBF50_label_en-US" xlink:label="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_237855AF9B61C08A66A3B1D5BBAEBF50" 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_237855AF9B61C08A66A3B1D5BBAEBF50_documentation_en-US" xlink:label="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_237855AF9B61C08A66A3B1D5BBAEBF50" 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-20151231.xsd#ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" xlink:label="loc_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_237855AF9B61C08A66A3B1D5BBAEBF50" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_237855AF9B61C08A66A3B1D5BBAEBF50" xlink:to="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_237855AF9B61C08A66A3B1D5BBAEBF50" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofActivityinAdvancesTableTextBlock_F059D041375D1D53D99BB1D5BBAE465A_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofActivityinAdvancesTableTextBlock_F059D041375D1D53D99BB1D5BBAE465A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Activity in Advances</link:label>
    <link:label id="lab_ocn_ScheduleofActivityinAdvancesTableTextBlock_F059D041375D1D53D99BB1D5BBAE465A_label_en-US" xlink:label="lab_ocn_ScheduleofActivityinAdvancesTableTextBlock_F059D041375D1D53D99BB1D5BBAE465A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Activity in Advances [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleofActivityinAdvancesTableTextBlock_F059D041375D1D53D99BB1D5BBAE465A_documentation_en-US" xlink:label="lab_ocn_ScheduleofActivityinAdvancesTableTextBlock_F059D041375D1D53D99BB1D5BBAE465A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Activity in Advances [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleofActivityinAdvancesTableTextBlock" xlink:label="loc_ocn_ScheduleofActivityinAdvancesTableTextBlock_F059D041375D1D53D99BB1D5BBAE465A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofActivityinAdvancesTableTextBlock_F059D041375D1D53D99BB1D5BBAE465A" xlink:to="lab_ocn_ScheduleofActivityinAdvancesTableTextBlock_F059D041375D1D53D99BB1D5BBAE465A" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_E908377CC58948D9250CB1D5BD293EFB_verboseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_E908377CC58948D9250CB1D5BD293EFB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Servicing</link:label>
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_E908377CC58948D9250CB1D5BD293EFB_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_E908377CC58948D9250CB1D5BD293EFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers and Servicing of Financial Assets [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_E908377CC58948D9250CB1D5BD293EFB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_E908377CC58948D9250CB1D5BD293EFB" xlink:to="lab_us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_E908377CC58948D9250CB1D5BD293EFB" xlink:type="arc" />
    <link:label id="lab_ocn_InterestIncomeTextBlock_55EDE21F10258360630DB1D5B98C47C7_terseLabel_en-US" xlink:label="lab_ocn_InterestIncomeTextBlock_55EDE21F10258360630DB1D5B98C47C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Income</link:label>
    <link:label id="lab_ocn_InterestIncomeTextBlock_55EDE21F10258360630DB1D5B98C47C7_label_en-US" xlink:label="lab_ocn_InterestIncomeTextBlock_55EDE21F10258360630DB1D5B98C47C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">InterestIncomeTextBlock</link:label>
    <link:label id="lab_ocn_InterestIncomeTextBlock_55EDE21F10258360630DB1D5B98C47C7_documentation_en-US" xlink:label="lab_ocn_InterestIncomeTextBlock_55EDE21F10258360630DB1D5B98C47C7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure of income from interest-earning assets accounted for as interest income that was credited to earnings during the period, by category of interest-earning assets.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_InterestIncomeTextBlock" xlink:label="loc_ocn_InterestIncomeTextBlock_55EDE21F10258360630DB1D5B98C47C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_InterestIncomeTextBlock_55EDE21F10258360630DB1D5B98C47C7" xlink:to="lab_ocn_InterestIncomeTextBlock_55EDE21F10258360630DB1D5B98C47C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_EB7D87677B98A6618980E62C232C9E98_terseLabel_en-US" xlink:label="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_EB7D87677B98A6618980E62C232C9E98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee Compensation and Benefit Plans</link:label>
    <link:label id="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_EB7D87677B98A6618980E62C232C9E98_label_en-US" xlink:label="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_EB7D87677B98A6618980E62C232C9E98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Compensation and Employee Benefit Plans [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CompensationAndEmployeeBenefitPlansTextBlock" xlink:label="loc_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_EB7D87677B98A6618980E62C232C9E98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_EB7D87677B98A6618980E62C232C9E98" xlink:to="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_EB7D87677B98A6618980E62C232C9E98" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingRevenueReimbursementPayable_461A561A48D015D6A616E57995798DBD_terseLabel_en-US" xlink:label="lab_ocn_ServicingRevenueReimbursementPayable_461A561A48D015D6A616E57995798DBD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reimbursement to HLSS for loss of servicing revenues</link:label>
    <link:label id="lab_ocn_ServicingRevenueReimbursementPayable_461A561A48D015D6A616E57995798DBD_label_en-US" xlink:label="lab_ocn_ServicingRevenueReimbursementPayable_461A561A48D015D6A616E57995798DBD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Revenue, Reimbursement Payable</link:label>
    <link:label id="lab_ocn_ServicingRevenueReimbursementPayable_461A561A48D015D6A616E57995798DBD_documentation_en-US" xlink:label="lab_ocn_ServicingRevenueReimbursementPayable_461A561A48D015D6A616E57995798DBD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reimbursement amount at predetermined contractual rates for the loss of servicing revenues paid to NRZ in the event of a transfer of servicing related to Rights to MSRs to another party.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingRevenueReimbursementPayable" xlink:label="loc_ocn_ServicingRevenueReimbursementPayable_461A561A48D015D6A616E57995798DBD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingRevenueReimbursementPayable_461A561A48D015D6A616E57995798DBD" xlink:to="lab_ocn_ServicingRevenueReimbursementPayable_461A561A48D015D6A616E57995798DBD" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfDerivatives_D953C40D9DD8CDF9A0F6E5799579E222_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfDerivatives_D953C40D9DD8CDF9A0F6E5799579E222" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Losses attributable to derivatives</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfDerivatives_D953C40D9DD8CDF9A0F6E5799579E222_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfDerivatives_D953C40D9DD8CDF9A0F6E5799579E222" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Derivatives</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainLossOnSaleOfDerivatives" xlink:label="loc_us-gaap_GainLossOnSaleOfDerivatives_D953C40D9DD8CDF9A0F6E5799579E222" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfDerivatives_D953C40D9DD8CDF9A0F6E5799579E222" xlink:to="lab_us-gaap_GainLossOnSaleOfDerivatives_D953C40D9DD8CDF9A0F6E5799579E222" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_58194AD18062C85EF679E579957A3623_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_58194AD18062C85EF679E579957A3623" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Losses attributable to MSRs held</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_58194AD18062C85EF679E579957A3623_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_58194AD18062C85EF679E579957A3623" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_58194AD18062C85EF679E579957A3623" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_58194AD18062C85EF679E579957A3623" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_58194AD18062C85EF679E579957A3623" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssetsAbstract_56A64AC5276DD6B51BFAC00CF8B3241B_label_en-US" xlink:label="lab_us-gaap_OtherAssetsAbstract_56A64AC5276DD6B51BFAC00CF8B3241B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherAssetsAbstract" xlink:label="loc_us-gaap_OtherAssetsAbstract_56A64AC5276DD6B51BFAC00CF8B3241B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsAbstract_56A64AC5276DD6B51BFAC00CF8B3241B" xlink:to="lab_us-gaap_OtherAssetsAbstract_56A64AC5276DD6B51BFAC00CF8B3241B" xlink:type="arc" />
    <link:label id="lab_ocn_PledgeAdvanceRemittancePeriod_84C5BCAA2C3D2DCEDBD5C00CF8B3309C_terseLabel_en-US" xlink:label="lab_ocn_PledgeAdvanceRemittancePeriod_84C5BCAA2C3D2DCEDBD5C00CF8B3309C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period required to remit collections on pledged advances</link:label>
    <link:label id="lab_ocn_PledgeAdvanceRemittancePeriod_84C5BCAA2C3D2DCEDBD5C00CF8B3309C_label_en-US" xlink:label="lab_ocn_PledgeAdvanceRemittancePeriod_84C5BCAA2C3D2DCEDBD5C00CF8B3309C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pledge Advance Remittance Period</link:label>
    <link:label id="lab_ocn_PledgeAdvanceRemittancePeriod_84C5BCAA2C3D2DCEDBD5C00CF8B3309C_documentation_en-US" xlink:label="lab_ocn_PledgeAdvanceRemittancePeriod_84C5BCAA2C3D2DCEDBD5C00CF8B3309C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pledge Advance Remittance Period</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PledgeAdvanceRemittancePeriod" xlink:label="loc_ocn_PledgeAdvanceRemittancePeriod_84C5BCAA2C3D2DCEDBD5C00CF8B3309C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PledgeAdvanceRemittancePeriod_84C5BCAA2C3D2DCEDBD5C00CF8B3309C" xlink:to="lab_ocn_PledgeAdvanceRemittancePeriod_84C5BCAA2C3D2DCEDBD5C00CF8B3309C" xlink:type="arc" />
    <link:label id="lab_us-gaap_EscrowDeposit_F375E22D8E6BFC91C368C05CBD317DC6_terseLabel_en-US" xlink:label="lab_us-gaap_EscrowDeposit_F375E22D8E6BFC91C368C05CBD317DC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Escrow deposit for payment of representation, warranty and indemnification claims</link:label>
    <link:label id="lab_us-gaap_EscrowDeposit_F375E22D8E6BFC91C368C05CBD317DC6_label_en-US" xlink:label="lab_us-gaap_EscrowDeposit_F375E22D8E6BFC91C368C05CBD317DC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Escrow Deposit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EscrowDeposit" xlink:label="loc_us-gaap_EscrowDeposit_F375E22D8E6BFC91C368C05CBD317DC6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EscrowDeposit_F375E22D8E6BFC91C368C05CBD317DC6" xlink:to="lab_us-gaap_EscrowDeposit_F375E22D8E6BFC91C368C05CBD317DC6" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherPrepaidExpenseCurrent_7B212723F46EBDC2496FC05FB9071B54_terseLabel_en-US" xlink:label="lab_us-gaap_OtherPrepaidExpenseCurrent_7B212723F46EBDC2496FC05FB9071B54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses</link:label>
    <link:label id="lab_us-gaap_OtherPrepaidExpenseCurrent_7B212723F46EBDC2496FC05FB9071B54_label_en-US" xlink:label="lab_us-gaap_OtherPrepaidExpenseCurrent_7B212723F46EBDC2496FC05FB9071B54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Prepaid Expense, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherPrepaidExpenseCurrent" xlink:label="loc_us-gaap_OtherPrepaidExpenseCurrent_7B212723F46EBDC2496FC05FB9071B54" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherPrepaidExpenseCurrent_7B212723F46EBDC2496FC05FB9071B54" xlink:to="lab_us-gaap_OtherPrepaidExpenseCurrent_7B212723F46EBDC2496FC05FB9071B54" xlink:type="arc" />
    <link:label id="lab_ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense_59AA73C85022C7F5E6CEC00CF8B3D59B_terseLabel_en-US" xlink:label="lab_ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense_59AA73C85022C7F5E6CEC00CF8B3D59B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period for deferred tax effects being amortized to income tax expense</link:label>
    <link:label id="lab_ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense_59AA73C85022C7F5E6CEC00CF8B3D59B_label_en-US" xlink:label="lab_ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense_59AA73C85022C7F5E6CEC00CF8B3D59B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Period For Deferred Tax Effects Being Amortized To Income Tax Expense</link:label>
    <link:label id="lab_ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense_59AA73C85022C7F5E6CEC00CF8B3D59B_documentation_en-US" xlink:label="lab_ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense_59AA73C85022C7F5E6CEC00CF8B3D59B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Period for deferred tax effects being amortized to income tax expense.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense" xlink:label="loc_ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense_59AA73C85022C7F5E6CEC00CF8B3D59B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense_59AA73C85022C7F5E6CEC00CF8B3D59B" xlink:to="lab_ocn_PeriodForDeferredTaxEffectsBeingAmortizedToIncomeTaxExpense_59AA73C85022C7F5E6CEC00CF8B3D59B" xlink:type="arc" />
    <link:label id="lab_ocn_SecuritizationsAndVariableInterestEntitiesTextBlock_0BD1B0CDADF53AEA9984B1D5B96C8C2A_terseLabel_en-US" xlink:label="lab_ocn_SecuritizationsAndVariableInterestEntitiesTextBlock_0BD1B0CDADF53AEA9984B1D5B96C8C2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securitizations and Variable Interest Entities</link:label>
    <link:label id="lab_ocn_SecuritizationsAndVariableInterestEntitiesTextBlock_0BD1B0CDADF53AEA9984B1D5B96C8C2A_label_en-US" xlink:label="lab_ocn_SecuritizationsAndVariableInterestEntitiesTextBlock_0BD1B0CDADF53AEA9984B1D5B96C8C2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securitizations And Variable Interest Entities [Text Block]</link:label>
    <link:label id="lab_ocn_SecuritizationsAndVariableInterestEntitiesTextBlock_0BD1B0CDADF53AEA9984B1D5B96C8C2A_documentation_en-US" xlink:label="lab_ocn_SecuritizationsAndVariableInterestEntitiesTextBlock_0BD1B0CDADF53AEA9984B1D5B96C8C2A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure for securitizations of residential mortgage loans and financings of advances on loans serviced for others.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SecuritizationsAndVariableInterestEntitiesTextBlock" xlink:label="loc_ocn_SecuritizationsAndVariableInterestEntitiesTextBlock_0BD1B0CDADF53AEA9984B1D5B96C8C2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SecuritizationsAndVariableInterestEntitiesTextBlock_0BD1B0CDADF53AEA9984B1D5B96C8C2A" xlink:to="lab_ocn_SecuritizationsAndVariableInterestEntitiesTextBlock_0BD1B0CDADF53AEA9984B1D5B96C8C2A" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_8067B9B4BAD6D8DF26A2B1D5B7CE68E4_periodStartLabel_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_8067B9B4BAD6D8DF26A2B1D5B7CE68E4" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_8067B9B4BAD6D8DF26A2B1D5B7CE68E4_label_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_8067B9B4BAD6D8DF26A2B1D5B7CE68E4" xlink:role="http://www.xbrl.org/2003/role/label" 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_LoansHeldForSaleAtLowerOfCostOrFairValue_8067B9B4BAD6D8DF26A2B1D5B7CE68E4_documentation_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_8067B9B4BAD6D8DF26A2B1D5B7CE68E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans held for sale at lower of cost or fair value.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoansHeldForSaleAtLowerOfCostOrFairValue" xlink:label="loc_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_8067B9B4BAD6D8DF26A2B1D5B7CE68E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_8067B9B4BAD6D8DF26A2B1D5B7CE68E4" xlink:to="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_8067B9B4BAD6D8DF26A2B1D5B7CE68E4" xlink:type="arc" />
    <link:label id="lab_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_BC64A72A74C9254E53B9B1D5B7CEE0B5_terseLabel_en-US" xlink:label="lab_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_BC64A72A74C9254E53B9B1D5B7CEE0B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchases</link:label>
    <link:label id="lab_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_BC64A72A74C9254E53B9B1D5B7CEE0B5_label_en-US" xlink:label="lab_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_BC64A72A74C9254E53B9B1D5B7CEE0B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Origination of Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:label id="lab_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_BC64A72A74C9254E53B9B1D5B7CEE0B5_documentation_en-US" xlink:label="lab_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_BC64A72A74C9254E53B9B1D5B7CEE0B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments for Origination of Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue" xlink:label="loc_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_BC64A72A74C9254E53B9B1D5B7CEE0B5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_BC64A72A74C9254E53B9B1D5B7CEE0B5" xlink:to="lab_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_BC64A72A74C9254E53B9B1D5B7CEE0B5" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue_B5F5D2F43CEC99FB8918B1D5B7CE1729_negatedTerseLabel_en-US" xlink:label="lab_ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue_B5F5D2F43CEC99FB8918B1D5B7CE1729" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sales</link:label>
    <link:label id="lab_ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue_B5F5D2F43CEC99FB8918B1D5B7CE1729_label_en-US" xlink:label="lab_ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue_B5F5D2F43CEC99FB8918B1D5B7CE1729" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:label id="lab_ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue_B5F5D2F43CEC99FB8918B1D5B7CE1729_documentation_en-US" xlink:label="lab_ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue_B5F5D2F43CEC99FB8918B1D5B7CE1729" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue" xlink:label="loc_ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue_B5F5D2F43CEC99FB8918B1D5B7CE1729" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue_B5F5D2F43CEC99FB8918B1D5B7CE1729" xlink:to="lab_ocn_ProceedsfromSaleofMortgageLoansHeldforsaleatLowerofCostorFairValue_B5F5D2F43CEC99FB8918B1D5B7CE1729" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue_AAEB21852DE29AFF2F47B1D5B7CE994F_negatedTerseLabel_en-US" xlink:label="lab_ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue_AAEB21852DE29AFF2F47B1D5B7CE994F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Principal payments</link:label>
    <link:label id="lab_ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue_AAEB21852DE29AFF2F47B1D5B7CE994F_label_en-US" xlink:label="lab_ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue_AAEB21852DE29AFF2F47B1D5B7CE994F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Principal Payments on Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:label id="lab_ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue_AAEB21852DE29AFF2F47B1D5B7CE994F_documentation_en-US" xlink:label="lab_ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue_AAEB21852DE29AFF2F47B1D5B7CE994F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from Principal Payments on Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue" xlink:label="loc_ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue_AAEB21852DE29AFF2F47B1D5B7CE994F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue_AAEB21852DE29AFF2F47B1D5B7CE994F" xlink:to="lab_ocn_ProceedsfromPrincipalPaymentsonMortgageLoansHeldforsaleatLowerofCostorFairValue_AAEB21852DE29AFF2F47B1D5B7CE994F" xlink:type="arc" />
    <link:label id="lab_ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue_CF38703C4FE312ECD537B1D5B7CE0FF0_negatedTerseLabel_en-US" xlink:label="lab_ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue_CF38703C4FE312ECD537B1D5B7CE0FF0" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers to accounts receivable</link:label>
    <link:label id="lab_ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue_CF38703C4FE312ECD537B1D5B7CE0FF0_label_en-US" xlink:label="lab_ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue_CF38703C4FE312ECD537B1D5B7CE0FF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers to Accounts Receivable from Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:label id="lab_ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue_CF38703C4FE312ECD537B1D5B7CE0FF0_documentation_en-US" xlink:label="lab_ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue_CF38703C4FE312ECD537B1D5B7CE0FF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfers to Accounts Receivable from Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue" xlink:label="loc_ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue_CF38703C4FE312ECD537B1D5B7CE0FF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue_CF38703C4FE312ECD537B1D5B7CE0FF0" xlink:to="lab_ocn_TransferstoAccountsReceivablefromMortgageLoansHeldforsaleatLowerofCostorFairValue_CF38703C4FE312ECD537B1D5B7CE0FF0" xlink:type="arc" />
    <link:label id="lab_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_6268DA34A0323429EC79B1D5B7CE7382_negatedTerseLabel_en-US" xlink:label="lab_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_6268DA34A0323429EC79B1D5B7CE7382" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers to real estate owned</link:label>
    <link:label id="lab_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_6268DA34A0323429EC79B1D5B7CE7382_label_en-US" xlink:label="lab_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_6268DA34A0323429EC79B1D5B7CE7382" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers to Real Estate Owned from Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:label id="lab_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_6268DA34A0323429EC79B1D5B7CE7382_documentation_en-US" xlink:label="lab_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_6268DA34A0323429EC79B1D5B7CE7382" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfers to Real Estate Owned from Mortgage Loans Held-for-sale, at Lower of Cost or Fair Value</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue" xlink:label="loc_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_6268DA34A0323429EC79B1D5B7CE7382" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_6268DA34A0323429EC79B1D5B7CE7382" xlink:to="lab_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_6268DA34A0323429EC79B1D5B7CE7382" xlink:type="arc" />
    <link:label id="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_DECEACF9929FF222AF52B1D5B7CE8846_terseLabel_en-US" xlink:label="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_DECEACF9929FF222AF52B1D5B7CE8846" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of loans</link:label>
    <link:label id="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_DECEACF9929FF222AF52B1D5B7CE8846_label_en-US" xlink:label="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_DECEACF9929FF222AF52B1D5B7CE8846" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Mortgage Loans Held-for-sale, at Lower Cost or Fair Value</link:label>
    <link:label id="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_DECEACF9929FF222AF52B1D5B7CE8846_documentation_en-US" xlink:label="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_DECEACF9929FF222AF52B1D5B7CE8846" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Mortgage Loans Held-for-sale, at Lower Cost or Fair Value</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue" xlink:label="loc_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_DECEACF9929FF222AF52B1D5B7CE8846" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_DECEACF9929FF222AF52B1D5B7CE8846" xlink:to="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_DECEACF9929FF222AF52B1D5B7CE8846" xlink:type="arc" />
    <link:label id="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_7F0A1823C7AF50ABF71DB1D5B7CEB7F4_negatedTerseLabel_en-US" xlink:label="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_7F0A1823C7AF50ABF71DB1D5B7CEB7F4" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Decrease (increase) in valuation allowance</link:label>
    <link:label id="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_7F0A1823C7AF50ABF71DB1D5B7CEB7F4_label_en-US" xlink:label="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_7F0A1823C7AF50ABF71DB1D5B7CEB7F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Valuation Allowance of Mortgage Loans Held-for-sale, at Lower Cost or Fair Value</link:label>
    <link:label id="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_7F0A1823C7AF50ABF71DB1D5B7CEB7F4_documentation_en-US" xlink:label="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_7F0A1823C7AF50ABF71DB1D5B7CEB7F4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Valuation Allowance of Mortgage Loans Held-for-sale, at Lower Cost or Fair Value</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue" xlink:label="loc_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_7F0A1823C7AF50ABF71DB1D5B7CEB7F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_7F0A1823C7AF50ABF71DB1D5B7CEB7F4" xlink:to="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_7F0A1823C7AF50ABF71DB1D5B7CEB7F4" xlink:type="arc" />
    <link:label id="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_1CE8E9BD5C841909DF0AB1D5B7CF46EE_terseLabel_en-US" xlink:label="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_1CE8E9BD5C841909DF0AB1D5B7CF46EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_1CE8E9BD5C841909DF0AB1D5B7CF46EE_label_en-US" xlink:label="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_1CE8E9BD5C841909DF0AB1D5B7CF46EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Adjustments to Mortgage Loans Held-for-sale, at Lower Cost or Fair Value</link:label>
    <link:label id="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_1CE8E9BD5C841909DF0AB1D5B7CF46EE_documentation_en-US" xlink:label="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_1CE8E9BD5C841909DF0AB1D5B7CF46EE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Adjustments to Mortgage Loans Held-for-sale, at Lower Cost or Fair Value</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue" xlink:label="loc_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_1CE8E9BD5C841909DF0AB1D5B7CF46EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_1CE8E9BD5C841909DF0AB1D5B7CF46EE" xlink:to="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_1CE8E9BD5C841909DF0AB1D5B7CF46EE" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_C28422F56909444241D7B1D5B7CF644B_periodEndLabel_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_C28422F56909444241D7B1D5B7CF644B" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoansHeldForSaleAtLowerOfCostOrFairValue" xlink:label="loc_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_C28422F56909444241D7B1D5B7CF644B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_C28422F56909444241D7B1D5B7CF644B" xlink:to="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_C28422F56909444241D7B1D5B7CF644B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_33B12A90E0365165D9DE1E33E6F0EE68_verboseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_33B12A90E0365165D9DE1E33E6F0EE68" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">UPB of rights to MSRs sold</link:label>
    <link:label id="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_33B12A90E0365165D9DE1E33E6F0EE68_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_33B12A90E0365165D9DE1E33E6F0EE68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impaired Financing Receivable, Unpaid Principal Balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_33B12A90E0365165D9DE1E33E6F0EE68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_33B12A90E0365165D9DE1E33E6F0EE68" xlink:to="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_33B12A90E0365165D9DE1E33E6F0EE68" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_0E9593C96BEA1821D4821DD6A50430CD_terseLabel_en-US" xlink:label="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_0E9593C96BEA1821D4821DD6A50430CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid principal balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PrincipalAmountOutstandingOnLoansSecuritized" xlink:label="loc_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_0E9593C96BEA1821D4821DD6A50430CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_0E9593C96BEA1821D4821DD6A50430CD" xlink:to="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_0E9593C96BEA1821D4821DD6A50430CD" xlink:type="arc" />
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced_8CBAB05B03D1DECE9EC31DD6A504DF91_terseLabel_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced_8CBAB05B03D1DECE9EC31DD6A504DF91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">UPB of small-balance commercial assets</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced_8CBAB05B03D1DECE9EC31DD6A504DF91_label_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced_8CBAB05B03D1DECE9EC31DD6A504DF91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Small Balance Commercial Loans Serviced</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced_8CBAB05B03D1DECE9EC31DD6A504DF91_documentation_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced_8CBAB05B03D1DECE9EC31DD6A504DF91" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The unpaid principal balance of small balance commercial loans serviced.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced" xlink:label="loc_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced_8CBAB05B03D1DECE9EC31DD6A504DF91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced_8CBAB05B03D1DECE9EC31DD6A504DF91" xlink:to="lab_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced_8CBAB05B03D1DECE9EC31DD6A504DF91" xlink:type="arc" />
    <link:label id="lab_ocn_ReimbursementsOnAccountOfLossOfServicingRevenues_554F6B8189CF116A28381DD6A5042038_terseLabel_en-US" xlink:label="lab_ocn_ReimbursementsOnAccountOfLossOfServicingRevenues_554F6B8189CF116A28381DD6A5042038" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reimbursements on account of loss of servicing revenues</link:label>
    <link:label id="lab_ocn_ReimbursementsOnAccountOfLossOfServicingRevenues_554F6B8189CF116A28381DD6A5042038_label_en-US" xlink:label="lab_ocn_ReimbursementsOnAccountOfLossOfServicingRevenues_554F6B8189CF116A28381DD6A5042038" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reimbursements On Account Of Loss Of Servicing Revenues</link:label>
    <link:label id="lab_ocn_ReimbursementsOnAccountOfLossOfServicingRevenues_554F6B8189CF116A28381DD6A5042038_documentation_en-US" xlink:label="lab_ocn_ReimbursementsOnAccountOfLossOfServicingRevenues_554F6B8189CF116A28381DD6A5042038" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reimbursements on account of loss of servicing revenues.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ReimbursementsOnAccountOfLossOfServicingRevenues" xlink:label="loc_ocn_ReimbursementsOnAccountOfLossOfServicingRevenues_554F6B8189CF116A28381DD6A5042038" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ReimbursementsOnAccountOfLossOfServicingRevenues_554F6B8189CF116A28381DD6A5042038" xlink:to="lab_ocn_ReimbursementsOnAccountOfLossOfServicingRevenues_554F6B8189CF116A28381DD6A5042038" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements_5EB062A5AC1C7CB2E9C61DD6A5042EE9_terseLabel_en-US" xlink:label="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements_5EB062A5AC1C7CB2E9C61DD6A5042EE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of non-agency and whole loans servicing agreements</link:label>
    <link:label id="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements_5EB062A5AC1C7CB2E9C61DD6A5042EE9_label_en-US" xlink:label="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements_5EB062A5AC1C7CB2E9C61DD6A5042EE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Non-Agency And Whole Loans Servicing Agreements</link:label>
    <link:label id="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements_5EB062A5AC1C7CB2E9C61DD6A5042EE9_documentation_en-US" xlink:label="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements_5EB062A5AC1C7CB2E9C61DD6A5042EE9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total number of non-agency and whole loans servicing agreements.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements" xlink:label="loc_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements_5EB062A5AC1C7CB2E9C61DD6A5042EE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements_5EB062A5AC1C7CB2E9C61DD6A5042EE9" xlink:to="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreements_5EB062A5AC1C7CB2E9C61DD6A5042EE9" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_C9E400547164657C4DC31DD6A504215D_terseLabel_en-US" xlink:label="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_C9E400547164657C4DC31DD6A504215D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of non-agency and whole loans servicing agreements with minimum servicer ratings</link:label>
    <link:label id="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_C9E400547164657C4DC31DD6A504215D_label_en-US" xlink:label="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_C9E400547164657C4DC31DD6A504215D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Non-Agency And Whole Loans Servicing Agreements With Minimum Servicer Ratings</link:label>
    <link:label id="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_C9E400547164657C4DC31DD6A504215D_documentation_en-US" xlink:label="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_C9E400547164657C4DC31DD6A504215D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of non-agency and whole loans servicing agreements with minimum servicer ratings.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings" xlink:label="loc_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_C9E400547164657C4DC31DD6A504215D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_C9E400547164657C4DC31DD6A504215D" xlink:to="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_C9E400547164657C4DC31DD6A504215D" xlink:type="arc" />
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_8721AF601A31A4C1DF451DD6A5048575_terseLabel_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_8721AF601A31A4C1DF451DD6A5048575" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid principal balance of non-agency and whole loans servicing agreements with minimum servicer ratings</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_8721AF601A31A4C1DF451DD6A5048575_label_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_8721AF601A31A4C1DF451DD6A5048575" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Non-Agency And Whole Loans Servicing Agreements With Minimum Servicer Ratings</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_8721AF601A31A4C1DF451DD6A5048575_documentation_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_8721AF601A31A4C1DF451DD6A5048575" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unpaid principal balance of non-agency and whole loans servicing agreements with minimum servicer ratings.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings" xlink:label="loc_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_8721AF601A31A4C1DF451DD6A5048575" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_8721AF601A31A4C1DF451DD6A5048575" xlink:to="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithMinimumServicerRatings_8721AF601A31A4C1DF451DD6A5048575" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2C9FFB0097A8510DE91E1DD6A504AC6B_terseLabel_en-US" xlink:label="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2C9FFB0097A8510DE91E1DD6A504AC6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of non-agency and whole loans servicing agreements with termination rights triggered</link:label>
    <link:label id="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2C9FFB0097A8510DE91E1DD6A504AC6B_label_en-US" xlink:label="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2C9FFB0097A8510DE91E1DD6A504AC6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Non-Agency And Whole Loans Servicing Agreements With Termination Rights Triggered</link:label>
    <link:label id="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2C9FFB0097A8510DE91E1DD6A504AC6B_documentation_en-US" xlink:label="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2C9FFB0097A8510DE91E1DD6A504AC6B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of non-agency and whole loans servicing agreements with termination rights triggered.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered" xlink:label="loc_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2C9FFB0097A8510DE91E1DD6A504AC6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2C9FFB0097A8510DE91E1DD6A504AC6B" xlink:to="lab_ocn_NumberOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2C9FFB0097A8510DE91E1DD6A504AC6B" xlink:type="arc" />
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2E5E76D5601B193CB5B91DD6A504FACD_terseLabel_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2E5E76D5601B193CB5B91DD6A504FACD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid principal balance of non-agency and whole loans servicing agreements with termination rights triggered</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2E5E76D5601B193CB5B91DD6A504FACD_label_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2E5E76D5601B193CB5B91DD6A504FACD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Non-Agency And Whole Loans Servicing Agreements With Termination Rights Triggered</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2E5E76D5601B193CB5B91DD6A504FACD_documentation_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2E5E76D5601B193CB5B91DD6A504FACD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unpaid principal balance of non-agency and whole loans servicing agreements with termination rights triggered.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered" xlink:label="loc_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2E5E76D5601B193CB5B91DD6A504FACD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2E5E76D5601B193CB5B91DD6A504FACD" xlink:to="lab_ocn_UnpaidPrincipalBalanceOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggered_2E5E76D5601B193CB5B91DD6A504FACD" xlink:type="arc" />
    <link:label id="lab_ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio_2317C1508D33317172561DD6A5047E6E_terseLabel_en-US" xlink:label="lab_ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio_2317C1508D33317172561DD6A5047E6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of non-agency and whole loans servicing agreements with termination rights triggered of servicing portfolio</link:label>
    <link:label id="lab_ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio_2317C1508D33317172561DD6A5047E6E_label_en-US" xlink:label="lab_ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio_2317C1508D33317172561DD6A5047E6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Non-Agency And Whole Loans Servicing Agreements With Termination Rights Triggered Of Servicing Portfolio</link:label>
    <link:label id="lab_ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio_2317C1508D33317172561DD6A5047E6E_documentation_en-US" xlink:label="lab_ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio_2317C1508D33317172561DD6A5047E6E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of non-agency and whole loans servicing agreements with termination rights triggered of servicing portfolio.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio" xlink:label="loc_ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio_2317C1508D33317172561DD6A5047E6E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio_2317C1508D33317172561DD6A5047E6E" xlink:to="lab_ocn_PercentageOfNonAgencyAndWholeLoansServicingAgreementsWithTerminationRightsTriggeredOfServicingPortfolio_2317C1508D33317172561DD6A5047E6E" xlink:type="arc" />
    <link:label id="lab_ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating_7BDE95A5412384EC92631DD6A50486D1_terseLabel_en-US" xlink:label="lab_ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating_7BDE95A5412384EC92631DD6A50486D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of servicing transferred due to downgrades in mortgage servicer rating</link:label>
    <link:label id="lab_ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating_7BDE95A5412384EC92631DD6A50486D1_label_en-US" xlink:label="lab_ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating_7BDE95A5412384EC92631DD6A50486D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Servicing Transferred Due To Downgrades In Mortgage Servicer Rating</link:label>
    <link:label id="lab_ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating_7BDE95A5412384EC92631DD6A50486D1_documentation_en-US" xlink:label="lab_ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating_7BDE95A5412384EC92631DD6A50486D1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of servicing transferred due to downgrades in mortgage servicer rating.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating" xlink:label="loc_ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating_7BDE95A5412384EC92631DD6A50486D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating_7BDE95A5412384EC92631DD6A50486D1" xlink:to="lab_ocn_PercentageOfServicingTransferredDueToDowngradesInMortgageServicerRating_7BDE95A5412384EC92631DD6A50486D1" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DADB9D11779A2DF7F06D1DD6A5047F45_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DADB9D11779A2DF7F06D1DD6A5047F45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Float balances</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DADB9D11779A2DF7F06D1DD6A5047F45_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DADB9D11779A2DF7F06D1DD6A5047F45" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset" xlink:label="loc_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DADB9D11779A2DF7F06D1DD6A5047F45" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DADB9D11779A2DF7F06D1DD6A5047F45" xlink:to="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_DADB9D11779A2DF7F06D1DD6A5047F45" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTable_3D78DED72E04C02AD404D5D13058BFCD_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTable_3D78DED72E04C02AD404D5D13058BFCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Assets, Quantitative Information [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTable_3D78DED72E04C02AD404D5D13058BFCD_label_en-US" xlink:label="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTable_3D78DED72E04C02AD404D5D13058BFCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Assets, Quantitative Information [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsAssetsQuantitativeInformationTable" xlink:label="loc_us-gaap_FairValueInputsAssetsQuantitativeInformationTable_3D78DED72E04C02AD404D5D13058BFCD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsAssetsQuantitativeInformationTable_3D78DED72E04C02AD404D5D13058BFCD" xlink:to="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTable_3D78DED72E04C02AD404D5D13058BFCD" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueAgencyMortgageServicingRightsMember_024468B85F20D0336604D5D13059D4E0_terseLabel_en-US" xlink:label="lab_ocn_FairValueAgencyMortgageServicingRightsMember_024468B85F20D0336604D5D13059D4E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Agency Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_FairValueAgencyMortgageServicingRightsMember_024468B85F20D0336604D5D13059D4E0_label_en-US" xlink:label="lab_ocn_FairValueAgencyMortgageServicingRightsMember_024468B85F20D0336604D5D13059D4E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Agency Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_FairValueAgencyMortgageServicingRightsMember_024468B85F20D0336604D5D13059D4E0_documentation_en-US" xlink:label="lab_ocn_FairValueAgencyMortgageServicingRightsMember_024468B85F20D0336604D5D13059D4E0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value agency mortgage servicing rights.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueAgencyMortgageServicingRightsMember" xlink:label="loc_ocn_FairValueAgencyMortgageServicingRightsMember_024468B85F20D0336604D5D13059D4E0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueAgencyMortgageServicingRightsMember_024468B85F20D0336604D5D13059D4E0" xlink:to="lab_ocn_FairValueAgencyMortgageServicingRightsMember_024468B85F20D0336604D5D13059D4E0" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueNonAgencyMortgageServicingRightsMember_425D061F0E64F71DD856D5D130594B39_terseLabel_en-US" xlink:label="lab_ocn_FairValueNonAgencyMortgageServicingRightsMember_425D061F0E64F71DD856D5D130594B39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Non-Agency Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_FairValueNonAgencyMortgageServicingRightsMember_425D061F0E64F71DD856D5D130594B39_label_en-US" xlink:label="lab_ocn_FairValueNonAgencyMortgageServicingRightsMember_425D061F0E64F71DD856D5D130594B39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value NonAgency Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_FairValueNonAgencyMortgageServicingRightsMember_425D061F0E64F71DD856D5D130594B39_documentation_en-US" xlink:label="lab_ocn_FairValueNonAgencyMortgageServicingRightsMember_425D061F0E64F71DD856D5D130594B39" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value non-agency mortgage servicing rights.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueNonAgencyMortgageServicingRightsMember" xlink:label="loc_ocn_FairValueNonAgencyMortgageServicingRightsMember_425D061F0E64F71DD856D5D130594B39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueNonAgencyMortgageServicingRightsMember_425D061F0E64F71DD856D5D130594B39" xlink:to="lab_ocn_FairValueNonAgencyMortgageServicingRightsMember_425D061F0E64F71DD856D5D130594B39" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems_0CE3BBC31CB24617DA18D5D13059BECB_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems_0CE3BBC31CB24617DA18D5D13059BECB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Assets, Quantitative Information [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems_0CE3BBC31CB24617DA18D5D13059BECB_label_en-US" xlink:label="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems_0CE3BBC31CB24617DA18D5D13059BECB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Assets, Quantitative Information [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems" xlink:label="loc_us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems_0CE3BBC31CB24617DA18D5D13059BECB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems_0CE3BBC31CB24617DA18D5D13059BECB" xlink:to="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems_0CE3BBC31CB24617DA18D5D13059BECB" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsPrepaymentRate_07D2B01FA121199FC570D5D13059B879_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsPrepaymentRate_07D2B01FA121199FC570D5D13059B879" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted average prepayment speed</link:label>
    <link:label id="lab_us-gaap_FairValueInputsPrepaymentRate_07D2B01FA121199FC570D5D13059B879_label_en-US" xlink:label="lab_us-gaap_FairValueInputsPrepaymentRate_07D2B01FA121199FC570D5D13059B879" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Prepayment Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsPrepaymentRate" xlink:label="loc_us-gaap_FairValueInputsPrepaymentRate_07D2B01FA121199FC570D5D13059B879" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsPrepaymentRate_07D2B01FA121199FC570D5D13059B879" xlink:to="lab_us-gaap_FairValueInputsPrepaymentRate_07D2B01FA121199FC570D5D13059B879" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsProbabilityOfDefault_725207FCEF8DB427EBF6D5D13059E518_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsProbabilityOfDefault_725207FCEF8DB427EBF6D5D13059E518" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted average delinquency rate</link:label>
    <link:label id="lab_us-gaap_FairValueInputsProbabilityOfDefault_725207FCEF8DB427EBF6D5D13059E518_label_en-US" xlink:label="lab_us-gaap_FairValueInputsProbabilityOfDefault_725207FCEF8DB427EBF6D5D13059E518" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Probability of Default</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsProbabilityOfDefault" xlink:label="loc_us-gaap_FairValueInputsProbabilityOfDefault_725207FCEF8DB427EBF6D5D13059E518" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsProbabilityOfDefault_725207FCEF8DB427EBF6D5D13059E518" xlink:to="lab_us-gaap_FairValueInputsProbabilityOfDefault_725207FCEF8DB427EBF6D5D13059E518" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm_9ACE080CE6D5DD79552AD5D13059C47A_terseLabel_en-US" xlink:label="lab_ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm_9ACE080CE6D5DD79552AD5D13059C47A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance financing cost</link:label>
    <link:label id="lab_ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm_9ACE080CE6D5DD79552AD5D13059C47A_label_en-US" xlink:label="lab_ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm_9ACE080CE6D5DD79552AD5D13059C47A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Financing Costs, Comparative Derivative Term</link:label>
    <link:label id="lab_ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm_9ACE080CE6D5DD79552AD5D13059C47A_documentation_en-US" xlink:label="lab_ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm_9ACE080CE6D5DD79552AD5D13059C47A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Financing Costs, Comparative Derivative Term</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm" xlink:label="loc_ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm_9ACE080CE6D5DD79552AD5D13059C47A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm_9ACE080CE6D5DD79552AD5D13059C47A" xlink:to="lab_ocn_FairValueInputsFinancingCostsComparativeDerivativeTerm_9ACE080CE6D5DD79552AD5D13059C47A" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueInputsFinancingCostsFloatEarnings_83AD00100A7429E0B737D5D13059A066_terseLabel_en-US" xlink:label="lab_ocn_FairValueInputsFinancingCostsFloatEarnings_83AD00100A7429E0B737D5D13059A066" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate for computing float earnings</link:label>
    <link:label id="lab_ocn_FairValueInputsFinancingCostsFloatEarnings_83AD00100A7429E0B737D5D13059A066_label_en-US" xlink:label="lab_ocn_FairValueInputsFinancingCostsFloatEarnings_83AD00100A7429E0B737D5D13059A066" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Financing Costs, Float Earnings</link:label>
    <link:label id="lab_ocn_FairValueInputsFinancingCostsFloatEarnings_83AD00100A7429E0B737D5D13059A066_documentation_en-US" xlink:label="lab_ocn_FairValueInputsFinancingCostsFloatEarnings_83AD00100A7429E0B737D5D13059A066" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Financing Costs, Float Earnings</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueInputsFinancingCostsFloatEarnings" xlink:label="loc_ocn_FairValueInputsFinancingCostsFloatEarnings_83AD00100A7429E0B737D5D13059A066" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueInputsFinancingCostsFloatEarnings_83AD00100A7429E0B737D5D13059A066" xlink:to="lab_ocn_FairValueInputsFinancingCostsFloatEarnings_83AD00100A7429E0B737D5D13059A066" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueInputsBasisSpreadOnVariableRate_65767CD945CF0D34C267D5D2EE4F959E_terseLabel_en-US" xlink:label="lab_ocn_FairValueInputsBasisSpreadOnVariableRate_65767CD945CF0D34C267D5D2EE4F959E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value input, interest rate</link:label>
    <link:label id="lab_ocn_FairValueInputsBasisSpreadOnVariableRate_65767CD945CF0D34C267D5D2EE4F959E_label_en-US" xlink:label="lab_ocn_FairValueInputsBasisSpreadOnVariableRate_65767CD945CF0D34C267D5D2EE4F959E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs Basis Spread On Variable Rate</link:label>
    <link:label id="lab_ocn_FairValueInputsBasisSpreadOnVariableRate_65767CD945CF0D34C267D5D2EE4F959E_documentation_en-US" xlink:label="lab_ocn_FairValueInputsBasisSpreadOnVariableRate_65767CD945CF0D34C267D5D2EE4F959E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the fair value inputs basis spread on advance borrowings.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueInputsBasisSpreadOnVariableRate" xlink:label="loc_ocn_FairValueInputsBasisSpreadOnVariableRate_65767CD945CF0D34C267D5D2EE4F959E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueInputsBasisSpreadOnVariableRate_65767CD945CF0D34C267D5D2EE4F959E" xlink:to="lab_ocn_FairValueInputsBasisSpreadOnVariableRate_65767CD945CF0D34C267D5D2EE4F959E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsDiscountRate_4010B59597FCA92C4260D5D130596BF4_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsDiscountRate_4010B59597FCA92C4260D5D130596BF4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted average discount rate</link:label>
    <link:label id="lab_us-gaap_FairValueInputsDiscountRate_4010B59597FCA92C4260D5D130596BF4_label_en-US" xlink:label="lab_us-gaap_FairValueInputsDiscountRate_4010B59597FCA92C4260D5D130596BF4" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsDiscountRate" xlink:label="loc_us-gaap_FairValueInputsDiscountRate_4010B59597FCA92C4260D5D130596BF4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsDiscountRate_4010B59597FCA92C4260D5D130596BF4" xlink:to="lab_us-gaap_FairValueInputsDiscountRate_4010B59597FCA92C4260D5D130596BF4" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueInputsWeightedAverageCostToService_236F8D32B113A0985374D5D130594C03_terseLabel_en-US" xlink:label="lab_ocn_FairValueInputsWeightedAverageCostToService_236F8D32B113A0985374D5D130594C03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average cost to service (in dollars)</link:label>
    <link:label id="lab_ocn_FairValueInputsWeightedAverageCostToService_236F8D32B113A0985374D5D130594C03_label_en-US" xlink:label="lab_ocn_FairValueInputsWeightedAverageCostToService_236F8D32B113A0985374D5D130594C03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs Weighted Average Cost To Service</link:label>
    <link:label id="lab_ocn_FairValueInputsWeightedAverageCostToService_236F8D32B113A0985374D5D130594C03_documentation_en-US" xlink:label="lab_ocn_FairValueInputsWeightedAverageCostToService_236F8D32B113A0985374D5D130594C03" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value inputs, weighted average cost to service (in dollars).</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueInputsWeightedAverageCostToService" xlink:label="loc_ocn_FairValueInputsWeightedAverageCostToService_236F8D32B113A0985374D5D130594C03" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueInputsWeightedAverageCostToService_236F8D32B113A0985374D5D130594C03" xlink:to="lab_ocn_FairValueInputsWeightedAverageCostToService_236F8D32B113A0985374D5D130594C03" xlink:type="arc" />
    <link:label id="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_4A20DD8BAEDCEF47EC50B1D5BBC0A33F_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_4A20DD8BAEDCEF47EC50B1D5BBC0A33F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Primary servicing unpaid principal balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_4A20DD8BAEDCEF47EC50B1D5BBC0A33F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_4A20DD8BAEDCEF47EC50B1D5BBC0A33F" xlink:to="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_4A20DD8BAEDCEF47EC50B1D5BBC0A33F" xlink:type="arc" />
    <link:label id="lab_ocn_OutstandingServicingAdvances_78F28942F9FD55290EA5E4ECC8FA26AB_terseLabel_en-US" xlink:label="lab_ocn_OutstandingServicingAdvances_78F28942F9FD55290EA5E4ECC8FA26AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding servicing advances</link:label>
    <link:label id="lab_ocn_OutstandingServicingAdvances_78F28942F9FD55290EA5E4ECC8FA26AB_label_en-US" xlink:label="lab_ocn_OutstandingServicingAdvances_78F28942F9FD55290EA5E4ECC8FA26AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Outstanding Servicing Advances</link:label>
    <link:label id="lab_ocn_OutstandingServicingAdvances_78F28942F9FD55290EA5E4ECC8FA26AB_documentation_en-US" xlink:label="lab_ocn_OutstandingServicingAdvances_78F28942F9FD55290EA5E4ECC8FA26AB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Outstanding servicing advances in connection with rights to MSRs sold.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OutstandingServicingAdvances" xlink:label="loc_ocn_OutstandingServicingAdvances_78F28942F9FD55290EA5E4ECC8FA26AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OutstandingServicingAdvances_78F28942F9FD55290EA5E4ECC8FA26AB" xlink:to="lab_ocn_OutstandingServicingAdvances_78F28942F9FD55290EA5E4ECC8FA26AB" xlink:type="arc" />
    <link:label id="lab_ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation_58FB39F25E8AA96B7101E4ECC8FA0C35_terseLabel_en-US" xlink:label="lab_ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation_58FB39F25E8AA96B7101E4ECC8FA0C35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period from sale of tranche of rights to mortgage servicing rights that apportionment of fees is subject to re-negotiation</link:label>
    <link:label id="lab_ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation_58FB39F25E8AA96B7101E4ECC8FA0C35_label_en-US" xlink:label="lab_ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation_58FB39F25E8AA96B7101E4ECC8FA0C35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Period From Sale Of Tranche of Rights To Mortgage Servicing Rights That Apportionment Of Fees Is Subject To Re-negotiation</link:label>
    <link:label id="lab_ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation_58FB39F25E8AA96B7101E4ECC8FA0C35_documentation_en-US" xlink:label="lab_ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation_58FB39F25E8AA96B7101E4ECC8FA0C35" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Period from sale of tranche of rights to mortgage servicing rights that apportionment of fees is subject to re-negotiation.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation" xlink:label="loc_ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation_58FB39F25E8AA96B7101E4ECC8FA0C35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation_58FB39F25E8AA96B7101E4ECC8FA0C35" xlink:to="lab_ocn_PeriodFromSaleOfTrancheofRightsToMortgageServicingRightsThatApportionmentOfFeesIsSubjectToRenegotiation_58FB39F25E8AA96B7101E4ECC8FA0C35" xlink:type="arc" />
    <link:label id="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod_42752AB19523183DAE6DE4ECC8FA7599_terseLabel_en-US" xlink:label="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod_42752AB19523183DAE6DE4ECC8FA7599" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increased costs of financing to be compensated during any calendar month</link:label>
    <link:label id="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod_42752AB19523183DAE6DE4ECC8FA7599_label_en-US" xlink:label="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod_42752AB19523183DAE6DE4ECC8FA7599" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increased Costs Of Financing Associated With Downgrade Of Servicer Rating To Be Compensated During Calendar Period</link:label>
    <link:label id="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod_42752AB19523183DAE6DE4ECC8FA7599_documentation_en-US" xlink:label="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod_42752AB19523183DAE6DE4ECC8FA7599" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represent the obligation of the company during any calendar month to compensate holdings, the additional costs associated with servicing advance financing facilities including increased costs of funding, to the extent such costs are the direct result of future downgrade of S&amp;P servicer rating below its current rating of "Average&#8221;.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod" xlink:label="loc_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod_42752AB19523183DAE6DE4ECC8FA7599" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod_42752AB19523183DAE6DE4ECC8FA7599" xlink:to="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringCalendarPeriod_42752AB19523183DAE6DE4ECC8FA7599" xlink:type="arc" />
    <link:label id="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm_B7095C1447CC531F77C3E4ECC8FA7AA7_terseLabel_en-US" xlink:label="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm_B7095C1447CC531F77C3E4ECC8FA7AA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increased costs of financing to be compensated during contractual term</link:label>
    <link:label id="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm_B7095C1447CC531F77C3E4ECC8FA7AA7_label_en-US" xlink:label="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm_B7095C1447CC531F77C3E4ECC8FA7AA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increased Costs Of Financing Associated With Downgrade Of Servicer Rating To Be Compensated During Contractual Term</link:label>
    <link:label id="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm_B7095C1447CC531F77C3E4ECC8FA7AA7_documentation_en-US" xlink:label="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm_B7095C1447CC531F77C3E4ECC8FA7AA7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represent the obligation of the company during entire contractual term to compensate holdings, the additional costs associated with servicing advance financing facilities including increased costs of funding, to the extent such costs are the direct result of future downgrade of S&amp;P servicer rating below its current rating of "Average&#8221;.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm" xlink:label="loc_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm_B7095C1447CC531F77C3E4ECC8FA7AA7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm_B7095C1447CC531F77C3E4ECC8FA7AA7" xlink:to="lab_ocn_IncreasedCostsOfFinancingAssociatedWithDowngradeOfServicerRatingToBeCompensatedDuringContractualTerm_B7095C1447CC531F77C3E4ECC8FA7AA7" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_D9510B7012D9D111F1BBDD3FAEFBFB5A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_D9510B7012D9D111F1BBDD3FAEFBFB5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_D9510B7012D9D111F1BBDD3FAEFBFB5A_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_D9510B7012D9D111F1BBDD3FAEFBFB5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual" xlink:label="loc_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_D9510B7012D9D111F1BBDD3FAEFBFB5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_D9510B7012D9D111F1BBDD3FAEFBFB5A" xlink:to="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_D9510B7012D9D111F1BBDD3FAEFBFB5A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_4D50AF9086A9DF736366DD3FAEFB040F_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_4D50AF9086A9DF736366DD3FAEFB040F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_4D50AF9086A9DF736366DD3FAEFB040F_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_4D50AF9086A9DF736366DD3FAEFB040F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual" xlink:label="loc_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_4D50AF9086A9DF736366DD3FAEFB040F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_4D50AF9086A9DF736366DD3FAEFB040F" xlink:to="lab_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_4D50AF9086A9DF736366DD3FAEFB040F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_56F70F17F0F98588F092D0F416A24E3D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_56F70F17F0F98588F092D0F416A24E3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_56F70F17F0F98588F092D0F416A24E3D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_56F70F17F0F98588F092D0F416A24E3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_56F70F17F0F98588F092D0F416A24E3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_56F70F17F0F98588F092D0F416A24E3D" xlink:to="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_56F70F17F0F98588F092D0F416A24E3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionAxis_FC0DE2FF0683614D040FD0F416A25149_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_FC0DE2FF0683614D040FD0F416A25149" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Axis]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionAxis_FC0DE2FF0683614D040FD0F416A25149_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_FC0DE2FF0683614D040FD0F416A25149" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionAxis_FC0DE2FF0683614D040FD0F416A25149" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionAxis_FC0DE2FF0683614D040FD0F416A25149" xlink:to="lab_us-gaap_RelatedPartyTransactionAxis_FC0DE2FF0683614D040FD0F416A25149" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionDomain_4EA004674BA95BF2C5A7D0F416A21131_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_4EA004674BA95BF2C5A7D0F416A21131" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Domain]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionDomain_4EA004674BA95BF2C5A7D0F416A21131_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_4EA004674BA95BF2C5A7D0F416A21131" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_4EA004674BA95BF2C5A7D0F416A21131" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionDomain_4EA004674BA95BF2C5A7D0F416A21131" xlink:to="lab_us-gaap_RelatedPartyTransactionDomain_4EA004674BA95BF2C5A7D0F416A21131" xlink:type="arc" />
    <link:label id="lab_ocn_HomewardAcquisitionMember_01CCB19F86D96530B001D0F416A2320A_terseLabel_en-US" xlink:label="lab_ocn_HomewardAcquisitionMember_01CCB19F86D96530B001D0F416A2320A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Homeward Acquisition [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_HomewardAcquisitionMember" xlink:label="loc_ocn_HomewardAcquisitionMember_01CCB19F86D96530B001D0F416A2320A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HomewardAcquisitionMember_01CCB19F86D96530B001D0F416A2320A" xlink:to="lab_ocn_HomewardAcquisitionMember_01CCB19F86D96530B001D0F416A2320A" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_BDF016E27E24F529BE72D0F416A20F05_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_BDF016E27E24F529BE72D0F416A20F05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts, Notes, Loans and Financing Receivable [Line Items]</link:label>
    <link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_BDF016E27E24F529BE72D0F416A20F05_label_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_BDF016E27E24F529BE72D0F416A20F05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts, Notes, Loans and Financing Receivable [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_BDF016E27E24F529BE72D0F416A20F05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_BDF016E27E24F529BE72D0F416A20F05" xlink:to="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_BDF016E27E24F529BE72D0F416A20F05" xlink:type="arc" />
    <link:label id="lab_ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans_F95E22761F51DC7CB092D0F416A22A9C_terseLabel_en-US" xlink:label="lab_ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans_F95E22761F51DC7CB092D0F416A22A9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allowance for losses related to FHA or VA insured loans</link:label>
    <link:label id="lab_ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans_F95E22761F51DC7CB092D0F416A22A9C_label_en-US" xlink:label="lab_ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans_F95E22761F51DC7CB092D0F416A22A9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allowance For Losses Related To FHA Or VA Insured Loans</link:label>
    <link:label id="lab_ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans_F95E22761F51DC7CB092D0F416A22A9C_documentation_en-US" xlink:label="lab_ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans_F95E22761F51DC7CB092D0F416A22A9C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Allowance For Losses Related To FHA Or VA Insured Loans</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans" xlink:label="loc_ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans_F95E22761F51DC7CB092D0F416A22A9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans_F95E22761F51DC7CB092D0F416A22A9C" xlink:to="lab_ocn_AllowanceForLossesRelatedToFHAOrVAInsuredLoans_F95E22761F51DC7CB092D0F416A22A9C" xlink:type="arc" />
    <link:label id="lab_ocn_OtherReceivablesProbableLosses_20E7A68720095F29244DD0F416A24837_terseLabel_en-US" xlink:label="lab_ocn_OtherReceivablesProbableLosses_20E7A68720095F29244DD0F416A24837" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other receivables, probable losses</link:label>
    <link:label id="lab_ocn_OtherReceivablesProbableLosses_20E7A68720095F29244DD0F416A24837_label_en-US" xlink:label="lab_ocn_OtherReceivablesProbableLosses_20E7A68720095F29244DD0F416A24837" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Receivables, Probable Losses</link:label>
    <link:label id="lab_ocn_OtherReceivablesProbableLosses_20E7A68720095F29244DD0F416A24837_documentation_en-US" xlink:label="lab_ocn_OtherReceivablesProbableLosses_20E7A68720095F29244DD0F416A24837" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Receivables, Probable Losses</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OtherReceivablesProbableLosses" xlink:label="loc_ocn_OtherReceivablesProbableLosses_20E7A68720095F29244DD0F416A24837" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherReceivablesProbableLosses_20E7A68720095F29244DD0F416A24837" xlink:to="lab_ocn_OtherReceivablesProbableLosses_20E7A68720095F29244DD0F416A24837" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyRelatedReceivableCarryingValueReceipts_8087A87A2E028E6DD062D0F416A27299_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyRelatedReceivableCarryingValueReceipts_8087A87A2E028E6DD062D0F416A27299" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Settlement of indemnification claims</link:label>
    <link:label id="lab_us-gaap_LossContingencyRelatedReceivableCarryingValueReceipts_8087A87A2E028E6DD062D0F416A27299_label_en-US" xlink:label="lab_us-gaap_LossContingencyRelatedReceivableCarryingValueReceipts_8087A87A2E028E6DD062D0F416A27299" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Receivable, Receipts</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LossContingencyRelatedReceivableCarryingValueReceipts" xlink:label="loc_us-gaap_LossContingencyRelatedReceivableCarryingValueReceipts_8087A87A2E028E6DD062D0F416A27299" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyRelatedReceivableCarryingValueReceipts_8087A87A2E028E6DD062D0F416A27299" xlink:to="lab_us-gaap_LossContingencyRelatedReceivableCarryingValueReceipts_8087A87A2E028E6DD062D0F416A27299" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityTable_435BF983243BB07B637EE9F2C183AA2D_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityTable_435BF983243BB07B637EE9F2C183AA2D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Table]</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityTable_435BF983243BB07B637EE9F2C183AA2D_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityTable_435BF983243BB07B637EE9F2C183AA2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LineOfCreditFacilityTable" xlink:label="loc_us-gaap_LineOfCreditFacilityTable_435BF983243BB07B637EE9F2C183AA2D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityTable_435BF983243BB07B637EE9F2C183AA2D" xlink:to="lab_us-gaap_LineOfCreditFacilityTable_435BF983243BB07B637EE9F2C183AA2D" xlink:type="arc" />
    <link:label id="lab_dei_LegalEntityAxis_627ACB94BD3F22BF0385E9F2C183CE94_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis_627ACB94BD3F22BF0385E9F2C183CE94" 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_627ACB94BD3F22BF0385E9F2C183CE94_label_en-US" xlink:label="lab_dei_LegalEntityAxis_627ACB94BD3F22BF0385E9F2C183CE94" 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/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_627ACB94BD3F22BF0385E9F2C183CE94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis_627ACB94BD3F22BF0385E9F2C183CE94" xlink:to="lab_dei_LegalEntityAxis_627ACB94BD3F22BF0385E9F2C183CE94" xlink:type="arc" />
    <link:label id="lab_dei_EntityDomain_1794C56C7DE681F82305E9F2C183CC01_terseLabel_en-US" xlink:label="lab_dei_EntityDomain_1794C56C7DE681F82305E9F2C183CC01" 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_1794C56C7DE681F82305E9F2C183CC01_label_en-US" xlink:label="lab_dei_EntityDomain_1794C56C7DE681F82305E9F2C183CC01" 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/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_1794C56C7DE681F82305E9F2C183CC01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain_1794C56C7DE681F82305E9F2C183CC01" xlink:to="lab_dei_EntityDomain_1794C56C7DE681F82305E9F2C183CC01" xlink:type="arc" />
    <link:label id="lab_ocn_HomewardResidentialHoldingsInc.Member_BEE5F7FBD98206BE0659E9F2C1835053_terseLabel_en-US" xlink:label="lab_ocn_HomewardResidentialHoldingsInc.Member_BEE5F7FBD98206BE0659E9F2C1835053" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Homeward Residential Holdings, Inc. [Member]</link:label>
    <link:label id="lab_ocn_HomewardResidentialHoldingsInc.Member_BEE5F7FBD98206BE0659E9F2C1835053_label_en-US" xlink:label="lab_ocn_HomewardResidentialHoldingsInc.Member_BEE5F7FBD98206BE0659E9F2C1835053" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Homeward Residential Holdings, Inc. [Member]</link:label>
    <link:label id="lab_ocn_HomewardResidentialHoldingsInc.Member_BEE5F7FBD98206BE0659E9F2C1835053_documentation_en-US" xlink:label="lab_ocn_HomewardResidentialHoldingsInc.Member_BEE5F7FBD98206BE0659E9F2C1835053" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Homeward Residential Holdings, Inc. [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_HomewardResidentialHoldingsInc.Member" xlink:label="loc_ocn_HomewardResidentialHoldingsInc.Member_BEE5F7FBD98206BE0659E9F2C1835053" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HomewardResidentialHoldingsInc.Member_BEE5F7FBD98206BE0659E9F2C1835053" xlink:to="lab_ocn_HomewardResidentialHoldingsInc.Member_BEE5F7FBD98206BE0659E9F2C1835053" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodFourMember_356699F9FCF07CA77155E9F2C183990A_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodFourMember_356699F9FCF07CA77155E9F2C183990A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Any Time Prior to May 15, 2016 [Member]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodFourMember_356699F9FCF07CA77155E9F2C183990A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodFourMember_356699F9FCF07CA77155E9F2C183990A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period Four [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodFourMember" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodFourMember_356699F9FCF07CA77155E9F2C183990A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodFourMember_356699F9FCF07CA77155E9F2C183990A" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodFourMember_356699F9FCF07CA77155E9F2C183990A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_5F1FF81EB0DEBD8D53CAE9F2C1839499_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_5F1FF81EB0DEBD8D53CAE9F2C1839499" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">On or After May 15, 2016 [Member]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_5F1FF81EB0DEBD8D53CAE9F2C1839499_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_5F1FF81EB0DEBD8D53CAE9F2C1839499" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period Five [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodFiveMember" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_5F1FF81EB0DEBD8D53CAE9F2C1839499" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_5F1FF81EB0DEBD8D53CAE9F2C1839499" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_5F1FF81EB0DEBD8D53CAE9F2C1839499" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityLineItems_E053B6EA818B337135D8E9F2C18463DB_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_E053B6EA818B337135D8E9F2C18463DB" 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_E053B6EA818B337135D8E9F2C18463DB_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_E053B6EA818B337135D8E9F2C18463DB" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="loc_us-gaap_LineOfCreditFacilityLineItems_E053B6EA818B337135D8E9F2C18463DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_E053B6EA818B337135D8E9F2C18463DB" xlink:to="lab_us-gaap_LineOfCreditFacilityLineItems_E053B6EA818B337135D8E9F2C18463DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84C4944007D18A0C6F5FE9F2C1845867_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84C4944007D18A0C6F5FE9F2C1845867" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stated interest rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84C4944007D18A0C6F5FE9F2C1845867_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84C4944007D18A0C6F5FE9F2C1845867" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_84C4944007D18A0C6F5FE9F2C1845867" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_84C4944007D18A0C6F5FE9F2C1845867" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84C4944007D18A0C6F5FE9F2C1845867" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_C1F139B738E9FDFCF14BE9F2C184CC2F_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_C1F139B738E9FDFCF14BE9F2C184CC2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net proceeds from sale of notes</link:label>
    <link:label id="lab_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_C1F139B738E9FDFCF14BE9F2C184CC2F_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_C1F139B738E9FDFCF14BE9F2C184CC2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Debt, Net of Issuance Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromDebtNetOfIssuanceCosts" xlink:label="loc_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_C1F139B738E9FDFCF14BE9F2C184CC2F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_C1F139B738E9FDFCF14BE9F2C184CC2F" xlink:to="lab_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_C1F139B738E9FDFCF14BE9F2C184CC2F" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentRedemptionPeriodNotice_E54596C51EC461917C27E9F2C1855059_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentRedemptionPeriodNotice_E54596C51EC461917C27E9F2C1855059" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redemption period, notice</link:label>
    <link:label id="lab_ocn_DebtInstrumentRedemptionPeriodNotice_E54596C51EC461917C27E9F2C1855059_label_en-US" xlink:label="lab_ocn_DebtInstrumentRedemptionPeriodNotice_E54596C51EC461917C27E9F2C1855059" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption Period Notice</link:label>
    <link:label id="lab_ocn_DebtInstrumentRedemptionPeriodNotice_E54596C51EC461917C27E9F2C1855059_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentRedemptionPeriodNotice_E54596C51EC461917C27E9F2C1855059" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption Period Notice</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentRedemptionPeriodNotice" xlink:label="loc_ocn_DebtInstrumentRedemptionPeriodNotice_E54596C51EC461917C27E9F2C1855059" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentRedemptionPeriodNotice_E54596C51EC461917C27E9F2C1855059" xlink:to="lab_ocn_DebtInstrumentRedemptionPeriodNotice_E54596C51EC461917C27E9F2C1855059" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_8CFAC189A71935FD74FFE9F2C1853389_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_8CFAC189A71935FD74FFE9F2C1853389" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Redemption price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPricePercentage" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_8CFAC189A71935FD74FFE9F2C1853389" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_8CFAC189A71935FD74FFE9F2C1853389" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_8CFAC189A71935FD74FFE9F2C1853389" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_9494FBD6A0E3B8B149A0E9F2C185FD9B_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_9494FBD6A0E3B8B149A0E9F2C185FD9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional premium, percentage of principal amount</link:label>
    <link:label id="lab_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_9494FBD6A0E3B8B149A0E9F2C185FD9B_label_en-US" xlink:label="lab_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_9494FBD6A0E3B8B149A0E9F2C185FD9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Additional Premium, Percentage of Principal Amount</link:label>
    <link:label id="lab_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_9494FBD6A0E3B8B149A0E9F2C185FD9B_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_9494FBD6A0E3B8B149A0E9F2C185FD9B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Additional Premium, Percentage of Principal Amount</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount" xlink:label="loc_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_9494FBD6A0E3B8B149A0E9F2C185FD9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_9494FBD6A0E3B8B149A0E9F2C185FD9B" xlink:to="lab_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_9494FBD6A0E3B8B149A0E9F2C185FD9B" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_6265E42A9723B1C721BBE9F2C185ABCC_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_6265E42A9723B1C721BBE9F2C185ABCC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum percentage available for redemption using net cash proceeds of one or more Equity Offerings as defined in Indenture</link:label>
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_6265E42A9723B1C721BBE9F2C185ABCC_label_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_6265E42A9723B1C721BBE9F2C185ABCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Use Of Cash Proceeds From Equity Offerings, Percentage Of Principal Amount Redeemable</link:label>
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_6265E42A9723B1C721BBE9F2C185ABCC_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_6265E42A9723B1C721BBE9F2C185ABCC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Use of Cash Proceeds From Equity Offerings, Percentage of Principal Amount Redeemable</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable" xlink:label="loc_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_6265E42A9723B1C721BBE9F2C185ABCC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_6265E42A9723B1C721BBE9F2C185ABCC" xlink:to="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_6265E42A9723B1C721BBE9F2C185ABCC" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_849ED39FC3622383C9D0E9F2C1851E45_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_849ED39FC3622383C9D0E9F2C1851E45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of principal amount, redemption price</link:label>
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_849ED39FC3622383C9D0E9F2C1851E45_label_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_849ED39FC3622383C9D0E9F2C1851E45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Use Of Cash Proceeds From Equity Offerings, Redemption Price, Percentage</link:label>
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_849ED39FC3622383C9D0E9F2C1851E45_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_849ED39FC3622383C9D0E9F2C1851E45" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Use Of Cash Proceeds From Equity Offerings, Redemption Price, Percentage</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage" xlink:label="loc_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_849ED39FC3622383C9D0E9F2C1851E45" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_849ED39FC3622383C9D0E9F2C1851E45" xlink:to="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_849ED39FC3622383C9D0E9F2C1851E45" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding_3228DC3A1FC08AEF551FE9F2C18585F6_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding_3228DC3A1FC08AEF551FE9F2C18585F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of principal amount to remain outstanding after redemption requirement</link:label>
    <link:label id="lab_ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding_3228DC3A1FC08AEF551FE9F2C18585F6_label_en-US" xlink:label="lab_ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding_3228DC3A1FC08AEF551FE9F2C18585F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Use of Cash Proceeds From Equity Offerings, Minimum Percentage of Principal Amount Outstanding</link:label>
    <link:label id="lab_ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding_3228DC3A1FC08AEF551FE9F2C18585F6_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding_3228DC3A1FC08AEF551FE9F2C18585F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Use of Cash Proceeds From Equity Offerings, Minimum Percentage of Principal Amount Outstanding</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding" xlink:label="loc_ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding_3228DC3A1FC08AEF551FE9F2C18585F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding_3228DC3A1FC08AEF551FE9F2C18585F6" xlink:to="lab_ocn_DebtInstrumentUseofCashProceedsFromEquityOfferingsMinimumPercentageofPrincipalAmountOutstanding_3228DC3A1FC08AEF551FE9F2C18585F6" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_DE82954C89216A2C1471E9F2C18593EC_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_DE82954C89216A2C1471E9F2C18593EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum period for redemption after consummation of Equity Offering</link:label>
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_DE82954C89216A2C1471E9F2C18593EC_label_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_DE82954C89216A2C1471E9F2C18593EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Use Of Cash Proceeds From Equity Offerings For Redemption, Maximum Days After Consummation Of Offering</link:label>
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_DE82954C89216A2C1471E9F2C18593EC_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_DE82954C89216A2C1471E9F2C18593EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Use Of Cash Proceeds From Equity Offerings For Redemption, Maximum Days After Consummation Of Offering</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering" xlink:label="loc_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_DE82954C89216A2C1471E9F2C18593EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_DE82954C89216A2C1471E9F2C18593EC" xlink:to="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_DE82954C89216A2C1471E9F2C18593EC" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentChangeOfControlPurchasePricePercentage_87FBBE1E799A6A982851E9F2C1853174_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentChangeOfControlPurchasePricePercentage_87FBBE1E799A6A982851E9F2C1853174" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of principal amount, repurchase price</link:label>
    <link:label id="lab_ocn_DebtInstrumentChangeOfControlPurchasePricePercentage_87FBBE1E799A6A982851E9F2C1853174_label_en-US" xlink:label="lab_ocn_DebtInstrumentChangeOfControlPurchasePricePercentage_87FBBE1E799A6A982851E9F2C1853174" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Change Of Control, Purchase Price, Percentage</link:label>
    <link:label id="lab_ocn_DebtInstrumentChangeOfControlPurchasePricePercentage_87FBBE1E799A6A982851E9F2C1853174_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentChangeOfControlPurchasePricePercentage_87FBBE1E799A6A982851E9F2C1853174" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Change Of Control, Purchase Price, Percentage</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentChangeOfControlPurchasePricePercentage" xlink:label="loc_ocn_DebtInstrumentChangeOfControlPurchasePricePercentage_87FBBE1E799A6A982851E9F2C1853174" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentChangeOfControlPurchasePricePercentage_87FBBE1E799A6A982851E9F2C1853174" xlink:to="lab_ocn_DebtInstrumentChangeOfControlPurchasePricePercentage_87FBBE1E799A6A982851E9F2C1853174" xlink:type="arc" />
    <link:label id="lab_ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective_48150BDD61A56E199939E9F2C18566A7_terseLabel_en-US" xlink:label="lab_ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective_48150BDD61A56E199939E9F2C18566A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period of time after closing of offering to file registration statement and have it become effective</link:label>
    <link:label id="lab_ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective_48150BDD61A56E199939E9F2C18566A7_label_en-US" xlink:label="lab_ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective_48150BDD61A56E199939E9F2C18566A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Days After The Closing Of The Offering For The Registration Statement To Become Effective</link:label>
    <link:label id="lab_ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective_48150BDD61A56E199939E9F2C18566A7_documentation_en-US" xlink:label="lab_ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective_48150BDD61A56E199939E9F2C18566A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Days After The Closing Of The Offering For The Registration Statement To Become Effective</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective" xlink:label="loc_ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective_48150BDD61A56E199939E9F2C18566A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective_48150BDD61A56E199939E9F2C18566A7" xlink:to="lab_ocn_DaysAfterTheClosingOfTheOfferingForTheRegistrationStatementToBecomeEffective_48150BDD61A56E199939E9F2C18566A7" xlink:type="arc" />
    <link:label id="lab_ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer_A735E75404441265B880E9F2C185AC5C_terseLabel_en-US" xlink:label="lab_ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer_A735E75404441265B880E9F2C185AC5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period for additional interest accrued on non completion of exchange offer</link:label>
    <link:label id="lab_ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer_A735E75404441265B880E9F2C185AC5C_label_en-US" xlink:label="lab_ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer_A735E75404441265B880E9F2C185AC5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Period For Additional Interest Accrued On Non Completion Of Exchange Offer</link:label>
    <link:label id="lab_ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer_A735E75404441265B880E9F2C185AC5C_documentation_en-US" xlink:label="lab_ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer_A735E75404441265B880E9F2C185AC5C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Period for additional interest accrued on non completion of exchange offer.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer" xlink:label="loc_ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer_A735E75404441265B880E9F2C185AC5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer_A735E75404441265B880E9F2C185AC5C" xlink:to="lab_ocn_PeriodForAdditionalInterestAccruedOnNonCompletionOfExchangeOffer_A735E75404441265B880E9F2C185AC5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_8EE3EB045E63DB298D86E9F2C185882A_terseLabel_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_8EE3EB045E63DB298D86E9F2C185882A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unamortized balance of issuance costs</link:label>
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_8EE3EB045E63DB298D86E9F2C185882A_label_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_8EE3EB045E63DB298D86E9F2C185882A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unamortized Debt Issuance Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:label="loc_us-gaap_UnamortizedDebtIssuanceExpense_8EE3EB045E63DB298D86E9F2C185882A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnamortizedDebtIssuanceExpense_8EE3EB045E63DB298D86E9F2C185882A" xlink:to="lab_us-gaap_UnamortizedDebtIssuanceExpense_8EE3EB045E63DB298D86E9F2C185882A" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd_D98FB855CAFF86F53515E9F2C1851775_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd_D98FB855CAFF86F53515E9F2C1851775" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deb covenant, required consolidated tangible net worth</link:label>
    <link:label id="lab_ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd_D98FB855CAFF86F53515E9F2C1851775_label_en-US" xlink:label="lab_ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd_D98FB855CAFF86F53515E9F2C1851775" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant Compliance, Consolidated Tangible Net Worth at Period End</link:label>
    <link:label id="lab_ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd_D98FB855CAFF86F53515E9F2C1851775_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd_D98FB855CAFF86F53515E9F2C1851775" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the amount of consolidated tangible net worth requirement as part of the most restrictive covenant requirement.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd" xlink:label="loc_ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd_D98FB855CAFF86F53515E9F2C1851775" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd_D98FB855CAFF86F53515E9F2C1851775" xlink:to="lab_ocn_DebtInstrumentCovenantComplianceConsolidatedTangibleNetWorthatPeriodEnd_D98FB855CAFF86F53515E9F2C1851775" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_3F354A0A9E318A497A3AB1D5BCAD868F_terseLabel_en-US" xlink:label="lab_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_3F354A0A9E318A497A3AB1D5BCAD868F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
    <link:label id="lab_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_3F354A0A9E318A497A3AB1D5BCAD868F_label_en-US" xlink:label="lab_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_3F354A0A9E318A497A3AB1D5BCAD868F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advance Payments by Borrowers for Taxes and Insurance Summary [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary" xlink:label="loc_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_3F354A0A9E318A497A3AB1D5BCAD868F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_3F354A0A9E318A497A3AB1D5BCAD868F" xlink:to="lab_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_3F354A0A9E318A497A3AB1D5BCAD868F" xlink:type="arc" />
    <link:label id="lab_ocn_DocumentAndEntityInformationAbstract_FE3D399E20E39A83F3E6B1D5BD5550EC_label_en-US" xlink:label="lab_ocn_DocumentAndEntityInformationAbstract_FE3D399E20E39A83F3E6B1D5BD5550EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:label id="lab_ocn_DocumentAndEntityInformationAbstract_FE3D399E20E39A83F3E6B1D5BD5550EC_documentation_en-US" xlink:label="lab_ocn_DocumentAndEntityInformationAbstract_FE3D399E20E39A83F3E6B1D5BD5550EC" 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-20151231.xsd#ocn_DocumentAndEntityInformationAbstract" xlink:label="loc_ocn_DocumentAndEntityInformationAbstract_FE3D399E20E39A83F3E6B1D5BD5550EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DocumentAndEntityInformationAbstract_FE3D399E20E39A83F3E6B1D5BD5550EC" xlink:to="lab_ocn_DocumentAndEntityInformationAbstract_FE3D399E20E39A83F3E6B1D5BD5550EC" xlink:type="arc" />
    <link:label id="lab_dei_EntityRegistrantName_3E18CD038AC1728A4082B1D5BD55A75C_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_3E18CD038AC1728A4082B1D5BD55A75C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_3E18CD038AC1728A4082B1D5BD55A75C_label_en-US" xlink:label="lab_dei_EntityRegistrantName_3E18CD038AC1728A4082B1D5BD55A75C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_3E18CD038AC1728A4082B1D5BD55A75C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName_3E18CD038AC1728A4082B1D5BD55A75C" xlink:to="lab_dei_EntityRegistrantName_3E18CD038AC1728A4082B1D5BD55A75C" xlink:type="arc" />
    <link:label id="lab_dei_EntityCentralIndexKey_12DE320340F6CEE060E9B1D5BD5543DD_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_12DE320340F6CEE060E9B1D5BD5543DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_12DE320340F6CEE060E9B1D5BD5543DD_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_12DE320340F6CEE060E9B1D5BD5543DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_12DE320340F6CEE060E9B1D5BD5543DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey_12DE320340F6CEE060E9B1D5BD5543DD" xlink:to="lab_dei_EntityCentralIndexKey_12DE320340F6CEE060E9B1D5BD5543DD" xlink:type="arc" />
    <link:label id="lab_dei_CurrentFiscalYearEndDate_8D424EDC21B238F9E241B1D5BD55D136_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_8D424EDC21B238F9E241B1D5BD55D136" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_8D424EDC21B238F9E241B1D5BD55D136_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_8D424EDC21B238F9E241B1D5BD55D136" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate_8D424EDC21B238F9E241B1D5BD55D136" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate_8D424EDC21B238F9E241B1D5BD55D136" xlink:to="lab_dei_CurrentFiscalYearEndDate_8D424EDC21B238F9E241B1D5BD55D136" xlink:type="arc" />
    <link:label id="lab_dei_EntityFilerCategory_AD58A2B07BFC0E56B39BB1D5BD55E4EE_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory_AD58A2B07BFC0E56B39BB1D5BD55E4EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:label id="lab_dei_EntityFilerCategory_AD58A2B07BFC0E56B39BB1D5BD55E4EE_label_en-US" xlink:label="lab_dei_EntityFilerCategory_AD58A2B07BFC0E56B39BB1D5BD55E4EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_dei_EntityFilerCategory_AD58A2B07BFC0E56B39BB1D5BD55E4EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory_AD58A2B07BFC0E56B39BB1D5BD55E4EE" xlink:to="lab_dei_EntityFilerCategory_AD58A2B07BFC0E56B39BB1D5BD55E4EE" xlink:type="arc" />
    <link:label id="lab_dei_DocumentType_6273D7D7F8DA87A75F0AB1D5BD55118E_terseLabel_en-US" xlink:label="lab_dei_DocumentType_6273D7D7F8DA87A75F0AB1D5BD55118E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_6273D7D7F8DA87A75F0AB1D5BD55118E_label_en-US" xlink:label="lab_dei_DocumentType_6273D7D7F8DA87A75F0AB1D5BD55118E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_6273D7D7F8DA87A75F0AB1D5BD55118E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_6273D7D7F8DA87A75F0AB1D5BD55118E" xlink:to="lab_dei_DocumentType_6273D7D7F8DA87A75F0AB1D5BD55118E" xlink:type="arc" />
    <link:label id="lab_dei_DocumentPeriodEndDate_CC006BFA8A5D680C4D20B1D5BD557848_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_CC006BFA8A5D680C4D20B1D5BD557848" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_CC006BFA8A5D680C4D20B1D5BD557848_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_CC006BFA8A5D680C4D20B1D5BD557848" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_CC006BFA8A5D680C4D20B1D5BD557848" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate_CC006BFA8A5D680C4D20B1D5BD557848" xlink:to="lab_dei_DocumentPeriodEndDate_CC006BFA8A5D680C4D20B1D5BD557848" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalYearFocus_AB38DC8A20BF719FC1FBB1D5BD556858_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_AB38DC8A20BF719FC1FBB1D5BD556858" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_AB38DC8A20BF719FC1FBB1D5BD556858_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_AB38DC8A20BF719FC1FBB1D5BD556858" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus_AB38DC8A20BF719FC1FBB1D5BD556858" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus_AB38DC8A20BF719FC1FBB1D5BD556858" xlink:to="lab_dei_DocumentFiscalYearFocus_AB38DC8A20BF719FC1FBB1D5BD556858" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_D0E6720E46BC92CB6224B1D5BD556013_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_D0E6720E46BC92CB6224B1D5BD556013" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_D0E6720E46BC92CB6224B1D5BD556013_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_D0E6720E46BC92CB6224B1D5BD556013" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus_D0E6720E46BC92CB6224B1D5BD556013" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus_D0E6720E46BC92CB6224B1D5BD556013" xlink:to="lab_dei_DocumentFiscalPeriodFocus_D0E6720E46BC92CB6224B1D5BD556013" xlink:type="arc" />
    <link:label id="lab_dei_AmendmentFlag_977CA1263953BA33E6E5B1D5BD56FCE8_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_977CA1263953BA33E6E5B1D5BD56FCE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_977CA1263953BA33E6E5B1D5BD56FCE8_label_en-US" xlink:label="lab_dei_AmendmentFlag_977CA1263953BA33E6E5B1D5BD56FCE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_977CA1263953BA33E6E5B1D5BD56FCE8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag_977CA1263953BA33E6E5B1D5BD56FCE8" xlink:to="lab_dei_AmendmentFlag_977CA1263953BA33E6E5B1D5BD56FCE8" xlink:type="arc" />
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_BE863D8562E11910A15FB1D5BD5625D3_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_BE863D8562E11910A15FB1D5BD5625D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_BE863D8562E11910A15FB1D5BD5625D3_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_BE863D8562E11910A15FB1D5BD5625D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_BE863D8562E11910A15FB1D5BD5625D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding_BE863D8562E11910A15FB1D5BD5625D3" xlink:to="lab_dei_EntityCommonStockSharesOutstanding_BE863D8562E11910A15FB1D5BD5625D3" xlink:type="arc" />
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_CB99DC8EBDA63BF13F51B1D5BD565789_terseLabel_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer_CB99DC8EBDA63BF13F51B1D5BD565789" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_CB99DC8EBDA63BF13F51B1D5BD565789_label_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer_CB99DC8EBDA63BF13F51B1D5BD565789" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_dei_EntityWellKnownSeasonedIssuer_CB99DC8EBDA63BF13F51B1D5BD565789" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityWellKnownSeasonedIssuer_CB99DC8EBDA63BF13F51B1D5BD565789" xlink:to="lab_dei_EntityWellKnownSeasonedIssuer_CB99DC8EBDA63BF13F51B1D5BD565789" xlink:type="arc" />
    <link:label id="lab_dei_EntityVoluntaryFilers_6527D371E9F85083E1F9B1D5BD567F21_terseLabel_en-US" xlink:label="lab_dei_EntityVoluntaryFilers_6527D371E9F85083E1F9B1D5BD567F21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:label id="lab_dei_EntityVoluntaryFilers_6527D371E9F85083E1F9B1D5BD567F21_label_en-US" xlink:label="lab_dei_EntityVoluntaryFilers_6527D371E9F85083E1F9B1D5BD567F21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_dei_EntityVoluntaryFilers_6527D371E9F85083E1F9B1D5BD567F21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityVoluntaryFilers_6527D371E9F85083E1F9B1D5BD567F21" xlink:to="lab_dei_EntityVoluntaryFilers_6527D371E9F85083E1F9B1D5BD567F21" xlink:type="arc" />
    <link:label id="lab_dei_EntityCurrentReportingStatus_EF1E8B59A37F9CC93705B1D5BD56AFC5_terseLabel_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus_EF1E8B59A37F9CC93705B1D5BD56AFC5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:label id="lab_dei_EntityCurrentReportingStatus_EF1E8B59A37F9CC93705B1D5BD56AFC5_label_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus_EF1E8B59A37F9CC93705B1D5BD56AFC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_dei_EntityCurrentReportingStatus_EF1E8B59A37F9CC93705B1D5BD56AFC5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCurrentReportingStatus_EF1E8B59A37F9CC93705B1D5BD56AFC5" xlink:to="lab_dei_EntityCurrentReportingStatus_EF1E8B59A37F9CC93705B1D5BD56AFC5" xlink:type="arc" />
    <link:label id="lab_dei_EntityPublicFloat_EEBD394FC6C030942FC5B1D5BD56756F_terseLabel_en-US" xlink:label="lab_dei_EntityPublicFloat_EEBD394FC6C030942FC5B1D5BD56756F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:label id="lab_dei_EntityPublicFloat_EEBD394FC6C030942FC5B1D5BD56756F_label_en-US" xlink:label="lab_dei_EntityPublicFloat_EEBD394FC6C030942FC5B1D5BD56756F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityPublicFloat" xlink:label="loc_dei_EntityPublicFloat_EEBD394FC6C030942FC5B1D5BD56756F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityPublicFloat_EEBD394FC6C030942FC5B1D5BD56756F" xlink:to="lab_dei_EntityPublicFloat_EEBD394FC6C030942FC5B1D5BD56756F" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingAbstract_FA73CAF6FF43F337F235B1D5BAA29649_label_en-US" xlink:label="lab_us-gaap_SegmentReportingAbstract_FA73CAF6FF43F337F235B1D5BAA29649" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="loc_us-gaap_SegmentReportingAbstract_FA73CAF6FF43F337F235B1D5BAA29649" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingAbstract_FA73CAF6FF43F337F235B1D5BAA29649" xlink:to="lab_us-gaap_SegmentReportingAbstract_FA73CAF6FF43F337F235B1D5BAA29649" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7251AC42576790B3FD2FB1D5BAA3604A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7251AC42576790B3FD2FB1D5BAA3604A" 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_7251AC42576790B3FD2FB1D5BAA3604A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7251AC42576790B3FD2FB1D5BAA3604A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7251AC42576790B3FD2FB1D5BAA3604A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7251AC42576790B3FD2FB1D5BAA3604A" xlink:to="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7251AC42576790B3FD2FB1D5BAA3604A" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_670B86EF2A1B4D58F212B1D5BAA3DD1E_terseLabel_en-US" xlink:label="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_670B86EF2A1B4D58F212B1D5BAA3DD1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement, Operating Activities Segment [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_670B86EF2A1B4D58F212B1D5BAA3DD1E_label_en-US" xlink:label="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_670B86EF2A1B4D58F212B1D5BAA3DD1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Activities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="loc_us-gaap_StatementOperatingActivitiesSegmentAxis_670B86EF2A1B4D58F212B1D5BAA3DD1E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOperatingActivitiesSegmentAxis_670B86EF2A1B4D58F212B1D5BAA3DD1E" xlink:to="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_670B86EF2A1B4D58F212B1D5BAA3DD1E" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentOperatingActivitiesDomain_75B03C3202FA24120B2DB1D5BAA3BB48_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentOperatingActivitiesDomain_75B03C3202FA24120B2DB1D5BAA3BB48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment, Operating Activities [Domain]</link:label>
    <link:label id="lab_us-gaap_SegmentOperatingActivitiesDomain_75B03C3202FA24120B2DB1D5BAA3BB48_label_en-US" xlink:label="lab_us-gaap_SegmentOperatingActivitiesDomain_75B03C3202FA24120B2DB1D5BAA3BB48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Activities [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="loc_us-gaap_SegmentOperatingActivitiesDomain_75B03C3202FA24120B2DB1D5BAA3BB48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentOperatingActivitiesDomain_75B03C3202FA24120B2DB1D5BAA3BB48" xlink:to="lab_us-gaap_SegmentOperatingActivitiesDomain_75B03C3202FA24120B2DB1D5BAA3BB48" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_894AB33E0725B7553573B1D5BAA3A8DF_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_894AB33E0725B7553573B1D5BAA3A8DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_894AB33E0725B7553573B1D5BAA3A8DF_label_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_894AB33E0725B7553573B1D5BAA3A8DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaap_SegmentReportingInformationLineItems_894AB33E0725B7553573B1D5BAA3A8DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingInformationLineItems_894AB33E0725B7553573B1D5BAA3A8DF" xlink:to="lab_us-gaap_SegmentReportingInformationLineItems_894AB33E0725B7553573B1D5BAA3A8DF" xlink:type="arc" />
    <link:label id="lab_us-gaap_Depreciation_5F40CCAA18EEFD868038B1D5BAA3B645_verboseLabel_en-US" xlink:label="lab_us-gaap_Depreciation_5F40CCAA18EEFD868038B1D5BAA3B645" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Depreciation expense</link:label>
    <link:label id="lab_us-gaap_Depreciation_5F40CCAA18EEFD868038B1D5BAA3B645_label_en-US" xlink:label="lab_us-gaap_Depreciation_5F40CCAA18EEFD868038B1D5BAA3B645" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Depreciation" xlink:label="loc_us-gaap_Depreciation_5F40CCAA18EEFD868038B1D5BAA3B645" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Depreciation_5F40CCAA18EEFD868038B1D5BAA3B645" xlink:to="lab_us-gaap_Depreciation_5F40CCAA18EEFD868038B1D5BAA3B645" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfDebtDiscountPremium_DF0CA7FD5400035A252DB1D5BAA3BB89_verboseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfDebtDiscountPremium_DF0CA7FD5400035A252DB1D5BAA3BB89" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Amortization of debt discount</link:label>
    <link:label id="lab_us-gaap_AmortizationOfDebtDiscountPremium_DF0CA7FD5400035A252DB1D5BAA3BB89_label_en-US" xlink:label="lab_us-gaap_AmortizationOfDebtDiscountPremium_DF0CA7FD5400035A252DB1D5BAA3BB89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Debt Discount (Premium)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AmortizationOfDebtDiscountPremium" xlink:label="loc_us-gaap_AmortizationOfDebtDiscountPremium_DF0CA7FD5400035A252DB1D5BAA3BB89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfDebtDiscountPremium_DF0CA7FD5400035A252DB1D5BAA3BB89" xlink:to="lab_us-gaap_AmortizationOfDebtDiscountPremium_DF0CA7FD5400035A252DB1D5BAA3BB89" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_5BD2F6FB0692EBD8396CB1D5BAA31D3D_verboseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_5BD2F6FB0692EBD8396CB1D5BAA31D3D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Amortization of debt issuance costs</link:label>
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_5BD2F6FB0692EBD8396CB1D5BAA31D3D_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_5BD2F6FB0692EBD8396CB1D5BAA31D3D" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="loc_us-gaap_AmortizationOfFinancingCosts_5BD2F6FB0692EBD8396CB1D5BAA31D3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCosts_5BD2F6FB0692EBD8396CB1D5BAA31D3D" xlink:to="lab_us-gaap_AmortizationOfFinancingCosts_5BD2F6FB0692EBD8396CB1D5BAA31D3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_24A0CD62A73B6D19AA1EB1D5B6A353E4_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_24A0CD62A73B6D19AA1EB1D5B6A353E4" 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_24A0CD62A73B6D19AA1EB1D5B6A353E4_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_24A0CD62A73B6D19AA1EB1D5B6A353E4" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_24A0CD62A73B6D19AA1EB1D5B6A353E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_24A0CD62A73B6D19AA1EB1D5B6A353E4" xlink:to="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_24A0CD62A73B6D19AA1EB1D5B6A353E4" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_D0F417E304998C11217DB1D5B9D6954E_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_D0F417E304998C11217DB1D5B9D6954E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_D0F417E304998C11217DB1D5B9D6954E_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_D0F417E304998C11217DB1D5B9D6954E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaap_IncomeTaxDisclosureTextBlock_D0F417E304998C11217DB1D5B9D6954E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureTextBlock_D0F417E304998C11217DB1D5B9D6954E" xlink:to="lab_us-gaap_IncomeTaxDisclosureTextBlock_D0F417E304998C11217DB1D5B9D6954E" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_1264D302E4C41F5BA327DD3FAEF05CAB_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_1264D302E4C41F5BA327DD3FAEF05CAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_1264D302E4C41F5BA327DD3FAEF05CAB_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_1264D302E4C41F5BA327DD3FAEF05CAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessAcquisitionsProFormaRevenue" xlink:label="loc_us-gaap_BusinessAcquisitionsProFormaRevenue_1264D302E4C41F5BA327DD3FAEF05CAB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionsProFormaRevenue_1264D302E4C41F5BA327DD3FAEF05CAB" xlink:to="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_1264D302E4C41F5BA327DD3FAEF05CAB" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_5BD5687D2DBA0FE29203DD3FAEF199DF_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_5BD5687D2DBA0FE29203DD3FAEF199DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_5BD5687D2DBA0FE29203DD3FAEF199DF_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_5BD5687D2DBA0FE29203DD3FAEF199DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Net Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss" xlink:label="loc_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_5BD5687D2DBA0FE29203DD3FAEF199DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_5BD5687D2DBA0FE29203DD3FAEF199DF" xlink:to="lab_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_5BD5687D2DBA0FE29203DD3FAEF199DF" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_A4C29688B52551EAB1051F6BC20B2654_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_A4C29688B52551EAB1051F6BC20B2654" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected income tax expense (benefit) at statutory rate</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_A4C29688B52551EAB1051F6BC20B2654_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_A4C29688B52551EAB1051F6BC20B2654" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_A4C29688B52551EAB1051F6BC20B2654" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_A4C29688B52551EAB1051F6BC20B2654" xlink:to="lab_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_A4C29688B52551EAB1051F6BC20B2654" xlink:type="arc" />
    <link:label id="lab_ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract_74BD53F6E1D8B3083E361F6BC20CBB4C_terseLabel_en-US" xlink:label="lab_ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract_74BD53F6E1D8B3083E361F6BC20CBB4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Differences between expected and actual income tax expense:</link:label>
    <link:label id="lab_ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract_74BD53F6E1D8B3083E361F6BC20CBB4C_label_en-US" xlink:label="lab_ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract_74BD53F6E1D8B3083E361F6BC20CBB4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Differences between expected and actual income tax expense: [Abstract]</link:label>
    <link:label id="lab_ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract_74BD53F6E1D8B3083E361F6BC20CBB4C_documentation_en-US" xlink:label="lab_ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract_74BD53F6E1D8B3083E361F6BC20CBB4C" 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-20151231.xsd#ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract" xlink:label="loc_ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract_74BD53F6E1D8B3083E361F6BC20CBB4C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract_74BD53F6E1D8B3083E361F6BC20CBB4C" xlink:to="lab_ocn_DifferencesBetweenExpectedAndActualIncomeTaxExpenseAbstract_74BD53F6E1D8B3083E361F6BC20CBB4C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses_57F41F045ECC26710FC01F6BC20C471F_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses_57F41F045ECC26710FC01F6BC20C471F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of goodwill</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses_57F41F045ECC26710FC01F6BC20C471F_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses_57F41F045ECC26710FC01F6BC20C471F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses" xlink:label="loc_us-gaap_IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses_57F41F045ECC26710FC01F6BC20C471F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses_57F41F045ECC26710FC01F6BC20C471F" xlink:to="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses_57F41F045ECC26710FC01F6BC20C471F" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_ADB54CF919DE392C2CCA1F6BC20C0526_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_ADB54CF919DE392C2CCA1F6BC20C0526" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State tax, after Federal tax benefit</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_ADB54CF919DE392C2CCA1F6BC20C0526_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_ADB54CF919DE392C2CCA1F6BC20C0526" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_ADB54CF919DE392C2CCA1F6BC20C0526" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_ADB54CF919DE392C2CCA1F6BC20C0526" xlink:to="lab_us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_ADB54CF919DE392C2CCA1F6BC20C0526" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReconciliationOtherAdjustments_D74FDBAE921D3CBE691A1F6BC20CD705_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationOtherAdjustments_D74FDBAE921D3CBE691A1F6BC20CD705" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for liability for uncertain tax positions</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReconciliationOtherAdjustments_D74FDBAE921D3CBE691A1F6BC20CD705_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationOtherAdjustments_D74FDBAE921D3CBE691A1F6BC20CD705" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Other Adjustments, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxReconciliationOtherAdjustments" xlink:label="loc_us-gaap_IncomeTaxReconciliationOtherAdjustments_D74FDBAE921D3CBE691A1F6BC20CD705" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReconciliationOtherAdjustments_D74FDBAE921D3CBE691A1F6BC20CD705" xlink:to="lab_us-gaap_IncomeTaxReconciliationOtherAdjustments_D74FDBAE921D3CBE691A1F6BC20CD705" xlink:type="arc" />
    <link:label id="lab_ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount_AD7E0F58B0032422675C1F6BC20C5DFC_terseLabel_en-US" xlink:label="lab_ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount_AD7E0F58B0032422675C1F6BC20C5DFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for liability for intra-entity transactions</link:label>
    <link:label id="lab_ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount_AD7E0F58B0032422675C1F6BC20C5DFC_label_en-US" xlink:label="lab_ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount_AD7E0F58B0032422675C1F6BC20C5DFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Provision For Intercompany Liability, Amount</link:label>
    <link:label id="lab_ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount_AD7E0F58B0032422675C1F6BC20C5DFC_documentation_en-US" xlink:label="lab_ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount_AD7E0F58B0032422675C1F6BC20C5DFC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Provision For Intercompany Liability, Amount</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount" xlink:label="loc_ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount_AD7E0F58B0032422675C1F6BC20C5DFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount_AD7E0F58B0032422675C1F6BC20C5DFC" xlink:to="lab_ocn_EffectiveIncomeTaxRateReconciliationProvisionForIntercompanyLiabilityAmount_AD7E0F58B0032422675C1F6BC20C5DFC" xlink:type="arc" />
    <link:label id="lab_ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements_2A9187939B9DF14F93D41F6BC20C5C93_terseLabel_en-US" xlink:label="lab_ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements_2A9187939B9DF14F93D41F6BC20C5C93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-deductible regulatory settlements</link:label>
    <link:label id="lab_ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements_2A9187939B9DF14F93D41F6BC20C5C93_label_en-US" xlink:label="lab_ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements_2A9187939B9DF14F93D41F6BC20C5C93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Reconciliation Nondeductible Expense Regulatory Settlements</link:label>
    <link:label id="lab_ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements_2A9187939B9DF14F93D41F6BC20C5C93_documentation_en-US" xlink:label="lab_ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements_2A9187939B9DF14F93D41F6BC20C5C93" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income tax reconciliation nondeductible expense regulatory settlements.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements" xlink:label="loc_ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements_2A9187939B9DF14F93D41F6BC20C5C93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements_2A9187939B9DF14F93D41F6BC20C5C93" xlink:to="lab_ocn_IncomeTaxReconciliationNondeductibleExpenseRegulatorySettlements_2A9187939B9DF14F93D41F6BC20C5C93" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpense_781F467249CC89178B3B1F6BC20CD79F_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpense_781F467249CC89178B3B1F6BC20CD79F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other permanent differences</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpense_781F467249CC89178B3B1F6BC20CD79F_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpense_781F467249CC89178B3B1F6BC20CD79F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpense" xlink:label="loc_us-gaap_IncomeTaxReconciliationNondeductibleExpense_781F467249CC89178B3B1F6BC20CD79F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReconciliationNondeductibleExpense_781F467249CC89178B3B1F6BC20CD79F" xlink:to="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpense_781F467249CC89178B3B1F6BC20CD79F" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_FA2068A46EF37192826B1F6BC20CD2B6_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_FA2068A46EF37192826B1F6BC20CD2B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign tax differential</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_FA2068A46EF37192826B1F6BC20CD2B6_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_FA2068A46EF37192826B1F6BC20CD2B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" xlink:label="loc_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_FA2068A46EF37192826B1F6BC20CD2B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_FA2068A46EF37192826B1F6BC20CD2B6" xlink:to="lab_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_FA2068A46EF37192826B1F6BC20CD2B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes_90C5430F5132A3FC91FF1F6BC20C4863_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes_90C5430F5132A3FC91FF1F6BC20C4863" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for valuation allowance on deferred tax assets</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes_90C5430F5132A3FC91FF1F6BC20C4863_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes_90C5430F5132A3FC91FF1F6BC20C4863" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes" xlink:label="loc_us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes_90C5430F5132A3FC91FF1F6BC20C4863" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes_90C5430F5132A3FC91FF1F6BC20C4863" xlink:to="lab_us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes_90C5430F5132A3FC91FF1F6BC20C4863" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReconciliationOtherReconcilingItems_52D742800645D88D26111F6BC20C58BD_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationOtherReconcilingItems_52D742800645D88D26111F6BC20C58BD" 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_IncomeTaxReconciliationOtherReconcilingItems_52D742800645D88D26111F6BC20C58BD_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationOtherReconcilingItems_52D742800645D88D26111F6BC20C58BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxReconciliationOtherReconcilingItems" xlink:label="loc_us-gaap_IncomeTaxReconciliationOtherReconcilingItems_52D742800645D88D26111F6BC20C58BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReconciliationOtherReconcilingItems_52D742800645D88D26111F6BC20C58BD" xlink:to="lab_us-gaap_IncomeTaxReconciliationOtherReconcilingItems_52D742800645D88D26111F6BC20C58BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_A7ED57125DC45E16EF9F1F6BC20C7EE6_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_A7ED57125DC45E16EF9F1F6BC20C7EE6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_A7ED57125DC45E16EF9F1F6BC20C7EE6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_A7ED57125DC45E16EF9F1F6BC20C7EE6" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_A7ED57125DC45E16EF9F1F6BC20C7EE6" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingenciesTable_2DFAF77C2AF6627C4378E9F2C0B475B1_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesTable_2DFAF77C2AF6627C4378E9F2C0B475B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Table]</link:label>
    <link:label id="lab_us-gaap_LossContingenciesTable_2DFAF77C2AF6627C4378E9F2C0B475B1_label_en-US" xlink:label="lab_us-gaap_LossContingenciesTable_2DFAF77C2AF6627C4378E9F2C0B475B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="loc_us-gaap_LossContingenciesTable_2DFAF77C2AF6627C4378E9F2C0B475B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesTable_2DFAF77C2AF6627C4378E9F2C0B475B1" xlink:to="lab_us-gaap_LossContingenciesTable_2DFAF77C2AF6627C4378E9F2C0B475B1" xlink:type="arc" />
    <link:label id="lab_ocn_OfficeofMortgageSettlementOversightMember_97CB70A52B024C796269E9F2C0B42583_terseLabel_en-US" xlink:label="lab_ocn_OfficeofMortgageSettlementOversightMember_97CB70A52B024C796269E9F2C0B42583" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Office of Mortgage Settlement Oversight [Member]</link:label>
    <link:label id="lab_ocn_OfficeofMortgageSettlementOversightMember_97CB70A52B024C796269E9F2C0B42583_label_en-US" xlink:label="lab_ocn_OfficeofMortgageSettlementOversightMember_97CB70A52B024C796269E9F2C0B42583" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Office of Mortgage Settlement Oversight [Member]</link:label>
    <link:label id="lab_ocn_OfficeofMortgageSettlementOversightMember_97CB70A52B024C796269E9F2C0B42583_documentation_en-US" xlink:label="lab_ocn_OfficeofMortgageSettlementOversightMember_97CB70A52B024C796269E9F2C0B42583" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Office of Mortgage Settlement Oversight.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OfficeofMortgageSettlementOversightMember" xlink:label="loc_ocn_OfficeofMortgageSettlementOversightMember_97CB70A52B024C796269E9F2C0B42583" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OfficeofMortgageSettlementOversightMember_97CB70A52B024C796269E9F2C0B42583" xlink:to="lab_ocn_OfficeofMortgageSettlementOversightMember_97CB70A52B024C796269E9F2C0B42583" xlink:type="arc" />
    <link:label id="lab_ocn_CaliforniaDepartmentofBusinessOversightMember_F2CD05C0E8A246B7C560E9F2C0B57542_terseLabel_en-US" xlink:label="lab_ocn_CaliforniaDepartmentofBusinessOversightMember_F2CD05C0E8A246B7C560E9F2C0B57542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">California Department of Business Oversight [Member]</link:label>
    <link:label id="lab_ocn_CaliforniaDepartmentofBusinessOversightMember_F2CD05C0E8A246B7C560E9F2C0B57542_label_en-US" xlink:label="lab_ocn_CaliforniaDepartmentofBusinessOversightMember_F2CD05C0E8A246B7C560E9F2C0B57542" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">California Department of Business Oversight [Member]</link:label>
    <link:label id="lab_ocn_CaliforniaDepartmentofBusinessOversightMember_F2CD05C0E8A246B7C560E9F2C0B57542_documentation_en-US" xlink:label="lab_ocn_CaliforniaDepartmentofBusinessOversightMember_F2CD05C0E8A246B7C560E9F2C0B57542" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">California Department of Business Oversight.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_CaliforniaDepartmentofBusinessOversightMember" xlink:label="loc_ocn_CaliforniaDepartmentofBusinessOversightMember_F2CD05C0E8A246B7C560E9F2C0B57542" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CaliforniaDepartmentofBusinessOversightMember_F2CD05C0E8A246B7C560E9F2C0B57542" xlink:to="lab_ocn_CaliforniaDepartmentofBusinessOversightMember_F2CD05C0E8A246B7C560E9F2C0B57542" xlink:type="arc" />
    <link:label id="lab_ocn_SecuritiesAndExchangeCommissionMember_EF3E45A7413AF918CFAAE9F2C0B50AD9_terseLabel_en-US" xlink:label="lab_ocn_SecuritiesAndExchangeCommissionMember_EF3E45A7413AF918CFAAE9F2C0B50AD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities And Exchange Commission [Member]</link:label>
    <link:label id="lab_ocn_SecuritiesAndExchangeCommissionMember_EF3E45A7413AF918CFAAE9F2C0B50AD9_label_en-US" xlink:label="lab_ocn_SecuritiesAndExchangeCommissionMember_EF3E45A7413AF918CFAAE9F2C0B50AD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities And Exchange Commission [Member]</link:label>
    <link:label id="lab_ocn_SecuritiesAndExchangeCommissionMember_EF3E45A7413AF918CFAAE9F2C0B50AD9_documentation_en-US" xlink:label="lab_ocn_SecuritiesAndExchangeCommissionMember_EF3E45A7413AF918CFAAE9F2C0B50AD9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities and Exchange Commission</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SecuritiesAndExchangeCommissionMember" xlink:label="loc_ocn_SecuritiesAndExchangeCommissionMember_EF3E45A7413AF918CFAAE9F2C0B50AD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SecuritiesAndExchangeCommissionMember_EF3E45A7413AF918CFAAE9F2C0B50AD9" xlink:to="lab_ocn_SecuritiesAndExchangeCommissionMember_EF3E45A7413AF918CFAAE9F2C0B50AD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_A4FA8AF6C150B8EA1925E9F2C0B5F141_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_A4FA8AF6C150B8EA1925E9F2C0B5F141" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RMBS Trusts [Member]</link:label>
    <link:label id="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_A4FA8AF6C150B8EA1925E9F2C0B5F141_label_en-US" xlink:label="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_A4FA8AF6C150B8EA1925E9F2C0B5F141" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Residential Mortgage Backed Securities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_ResidentialMortgageBackedSecuritiesMember_A4FA8AF6C150B8EA1925E9F2C0B5F141" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResidentialMortgageBackedSecuritiesMember_A4FA8AF6C150B8EA1925E9F2C0B5F141" xlink:to="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_A4FA8AF6C150B8EA1925E9F2C0B5F141" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServicingPracticeMember_B5DD30F0A2EB1A94F52AE9F2C0B59223_terseLabel_en-US" xlink:label="lab_ocn_MortgageServicingPracticeMember_B5DD30F0A2EB1A94F52AE9F2C0B59223" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Practice [Member]</link:label>
    <link:label id="lab_ocn_MortgageServicingPracticeMember_B5DD30F0A2EB1A94F52AE9F2C0B59223_label_en-US" xlink:label="lab_ocn_MortgageServicingPracticeMember_B5DD30F0A2EB1A94F52AE9F2C0B59223" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Practice [Member]</link:label>
    <link:label id="lab_ocn_MortgageServicingPracticeMember_B5DD30F0A2EB1A94F52AE9F2C0B59223_documentation_en-US" xlink:label="lab_ocn_MortgageServicingPracticeMember_B5DD30F0A2EB1A94F52AE9F2C0B59223" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Practice [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MortgageServicingPracticeMember" xlink:label="loc_ocn_MortgageServicingPracticeMember_B5DD30F0A2EB1A94F52AE9F2C0B59223" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingPracticeMember_B5DD30F0A2EB1A94F52AE9F2C0B59223" xlink:to="lab_ocn_MortgageServicingPracticeMember_B5DD30F0A2EB1A94F52AE9F2C0B59223" xlink:type="arc" />
    <link:label id="lab_ocn_FalseClaimsMember_69B821961DA9E0005E8FEA1E0D2A70E8_terseLabel_en-US" xlink:label="lab_ocn_FalseClaimsMember_69B821961DA9E0005E8FEA1E0D2A70E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">False Claims [Member]</link:label>
    <link:label id="lab_ocn_FalseClaimsMember_69B821961DA9E0005E8FEA1E0D2A70E8_label_en-US" xlink:label="lab_ocn_FalseClaimsMember_69B821961DA9E0005E8FEA1E0D2A70E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">False Claims [Member]</link:label>
    <link:label id="lab_ocn_FalseClaimsMember_69B821961DA9E0005E8FEA1E0D2A70E8_documentation_en-US" xlink:label="lab_ocn_FalseClaimsMember_69B821961DA9E0005E8FEA1E0D2A70E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">False claims.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FalseClaimsMember" xlink:label="loc_ocn_FalseClaimsMember_69B821961DA9E0005E8FEA1E0D2A70E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FalseClaimsMember_69B821961DA9E0005E8FEA1E0D2A70E8" xlink:to="lab_ocn_FalseClaimsMember_69B821961DA9E0005E8FEA1E0D2A70E8" xlink:type="arc" />
    <link:label id="lab_ocn_FirstUncuredViolationMember_878997AEE1DEBF0F8BDDE9F2C0B52524_terseLabel_en-US" xlink:label="lab_ocn_FirstUncuredViolationMember_878997AEE1DEBF0F8BDDE9F2C0B52524" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">First Uncured Violation [Member]</link:label>
    <link:label id="lab_ocn_FirstUncuredViolationMember_878997AEE1DEBF0F8BDDE9F2C0B52524_label_en-US" xlink:label="lab_ocn_FirstUncuredViolationMember_878997AEE1DEBF0F8BDDE9F2C0B52524" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">First Uncured Violation [Member]</link:label>
    <link:label id="lab_ocn_FirstUncuredViolationMember_878997AEE1DEBF0F8BDDE9F2C0B52524_documentation_en-US" xlink:label="lab_ocn_FirstUncuredViolationMember_878997AEE1DEBF0F8BDDE9F2C0B52524" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">First uncured violation.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FirstUncuredViolationMember" xlink:label="loc_ocn_FirstUncuredViolationMember_878997AEE1DEBF0F8BDDE9F2C0B52524" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FirstUncuredViolationMember_878997AEE1DEBF0F8BDDE9F2C0B52524" xlink:to="lab_ocn_FirstUncuredViolationMember_878997AEE1DEBF0F8BDDE9F2C0B52524" xlink:type="arc" />
    <link:label id="lab_ocn_SecondUncuredViolationMember_562D14347D1F971F702CE9F2C0B5FF98_terseLabel_en-US" xlink:label="lab_ocn_SecondUncuredViolationMember_562D14347D1F971F702CE9F2C0B5FF98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Second Uncured Violation [Member]</link:label>
    <link:label id="lab_ocn_SecondUncuredViolationMember_562D14347D1F971F702CE9F2C0B5FF98_label_en-US" xlink:label="lab_ocn_SecondUncuredViolationMember_562D14347D1F971F702CE9F2C0B5FF98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Second Uncured Violation [Member]</link:label>
    <link:label id="lab_ocn_SecondUncuredViolationMember_562D14347D1F971F702CE9F2C0B5FF98_documentation_en-US" xlink:label="lab_ocn_SecondUncuredViolationMember_562D14347D1F971F702CE9F2C0B5FF98" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Second uncured violation.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SecondUncuredViolationMember" xlink:label="loc_ocn_SecondUncuredViolationMember_562D14347D1F971F702CE9F2C0B5FF98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SecondUncuredViolationMember_562D14347D1F971F702CE9F2C0B5FF98" xlink:to="lab_ocn_SecondUncuredViolationMember_562D14347D1F971F702CE9F2C0B5FF98" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingenciesLineItems_71981417EFF5A37C1ED8E9F2C0B5DBE1_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesLineItems_71981417EFF5A37C1ED8E9F2C0B5DBE1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Line Items]</link:label>
    <link:label id="lab_us-gaap_LossContingenciesLineItems_71981417EFF5A37C1ED8E9F2C0B5DBE1_label_en-US" xlink:label="lab_us-gaap_LossContingenciesLineItems_71981417EFF5A37C1ED8E9F2C0B5DBE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="loc_us-gaap_LossContingenciesLineItems_71981417EFF5A37C1ED8E9F2C0B5DBE1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesLineItems_71981417EFF5A37C1ED8E9F2C0B5DBE1" xlink:to="lab_us-gaap_LossContingenciesLineItems_71981417EFF5A37C1ED8E9F2C0B5DBE1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_E458241A6EC044D99248E9F2C0B50DE3_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_E458241A6EC044D99248E9F2C0B50DE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount accrued for losses relating to threatened and pending litigation</link:label>
    <link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_E458241A6EC044D99248E9F2C0B50DE3_label_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_E458241A6EC044D99248E9F2C0B50DE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Estimate of Possible Loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:label="loc_us-gaap_LossContingencyEstimateOfPossibleLoss_E458241A6EC044D99248E9F2C0B50DE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyEstimateOfPossibleLoss_E458241A6EC044D99248E9F2C0B50DE3" xlink:to="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_E458241A6EC044D99248E9F2C0B50DE3" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyDamagesSoughtValue_49525425D3C0AD3DCF81EA1C5DFFA751_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyDamagesSoughtValue_49525425D3C0AD3DCF81EA1C5DFFA751" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingency, Damages Sought, Value</link:label>
    <link:label id="lab_us-gaap_LossContingencyDamagesSoughtValue_49525425D3C0AD3DCF81EA1C5DFFA751_label_en-US" xlink:label="lab_us-gaap_LossContingencyDamagesSoughtValue_49525425D3C0AD3DCF81EA1C5DFFA751" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Damages Sought, Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LossContingencyDamagesSoughtValue" xlink:label="loc_us-gaap_LossContingencyDamagesSoughtValue_49525425D3C0AD3DCF81EA1C5DFFA751" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyDamagesSoughtValue_49525425D3C0AD3DCF81EA1C5DFFA751" xlink:to="lab_us-gaap_LossContingencyDamagesSoughtValue_49525425D3C0AD3DCF81EA1C5DFFA751" xlink:type="arc" />
    <link:label id="lab_ocn_OwnershipInterestInTrusts_1879DF8DAC2ABB4213DFE9F2C0B5B49A_terseLabel_en-US" xlink:label="lab_ocn_OwnershipInterestInTrusts_1879DF8DAC2ABB4213DFE9F2C0B5B49A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership interest in trusts</link:label>
    <link:label id="lab_ocn_OwnershipInterestInTrusts_1879DF8DAC2ABB4213DFE9F2C0B5B49A_label_en-US" xlink:label="lab_ocn_OwnershipInterestInTrusts_1879DF8DAC2ABB4213DFE9F2C0B5B49A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership Interest In Trusts</link:label>
    <link:label id="lab_ocn_OwnershipInterestInTrusts_1879DF8DAC2ABB4213DFE9F2C0B5B49A_documentation_en-US" xlink:label="lab_ocn_OwnershipInterestInTrusts_1879DF8DAC2ABB4213DFE9F2C0B5B49A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ownership interest in trusts.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OwnershipInterestInTrusts" xlink:label="loc_ocn_OwnershipInterestInTrusts_1879DF8DAC2ABB4213DFE9F2C0B5B49A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OwnershipInterestInTrusts_1879DF8DAC2ABB4213DFE9F2C0B5B49A" xlink:to="lab_ocn_OwnershipInterestInTrusts_1879DF8DAC2ABB4213DFE9F2C0B5B49A" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance_98FB10F4DCA5FD87F1D9E9F2C0B5F74E_terseLabel_en-US" xlink:label="lab_ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance_98FB10F4DCA5FD87F1D9E9F2C0B5F74E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of trusts where trustees received notice of servicer non-performance</link:label>
    <link:label id="lab_ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance_98FB10F4DCA5FD87F1D9E9F2C0B5F74E_label_en-US" xlink:label="lab_ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance_98FB10F4DCA5FD87F1D9E9F2C0B5F74E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Trusts Where Trustees Received Notice Of Servicer Non-Performance</link:label>
    <link:label id="lab_ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance_98FB10F4DCA5FD87F1D9E9F2C0B5F74E_documentation_en-US" xlink:label="lab_ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance_98FB10F4DCA5FD87F1D9E9F2C0B5F74E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of trusts where trustees received notice of servicer non-performance.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance" xlink:label="loc_ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance_98FB10F4DCA5FD87F1D9E9F2C0B5F74E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance_98FB10F4DCA5FD87F1D9E9F2C0B5F74E" xlink:to="lab_ocn_NumberOfTrustsWhereTrusteesReceivedNoticeOfServicerNonPerformance_98FB10F4DCA5FD87F1D9E9F2C0B5F74E" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved_D9443DAB6EDF4292E69AE9F2C0B6DC60_terseLabel_en-US" xlink:label="lab_ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved_D9443DAB6EDF4292E69AE9F2C0B6DC60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of trusts to terminate as servicer in case if allegations proved</link:label>
    <link:label id="lab_ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved_D9443DAB6EDF4292E69AE9F2C0B6DC60_label_en-US" xlink:label="lab_ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved_D9443DAB6EDF4292E69AE9F2C0B6DC60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Trusts To Terminate As Servicer In Case If Allegations Proved</link:label>
    <link:label id="lab_ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved_D9443DAB6EDF4292E69AE9F2C0B6DC60_documentation_en-US" xlink:label="lab_ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved_D9443DAB6EDF4292E69AE9F2C0B6DC60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of trusts to terminate as servicer in case if allegations proved.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved" xlink:label="loc_ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved_D9443DAB6EDF4292E69AE9F2C0B6DC60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved_D9443DAB6EDF4292E69AE9F2C0B6DC60" xlink:to="lab_ocn_NumberOfTrustsToTerminateAsServicerInCaseIfAllegationsProved_D9443DAB6EDF4292E69AE9F2C0B6DC60" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating_662BA4038FDDD11A9FC3E9F2C0B6C471_verboseLabel_en-US" xlink:label="lab_ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating_662BA4038FDDD11A9FC3E9F2C0B6C471" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Number of trust where servicing transferred to another loan servicer</link:label>
    <link:label id="lab_ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating_662BA4038FDDD11A9FC3E9F2C0B6C471_label_en-US" xlink:label="lab_ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating_662BA4038FDDD11A9FC3E9F2C0B6C471" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Non-Agency Servicing Agreements Terminated Due To downgrades In Mortgage Servicer Rating</link:label>
    <link:label id="lab_ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating_662BA4038FDDD11A9FC3E9F2C0B6C471_documentation_en-US" xlink:label="lab_ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating_662BA4038FDDD11A9FC3E9F2C0B6C471" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of non-agency servicing agreements terminated due to downgrades in mortgage servicer rating.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating" xlink:label="loc_ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating_662BA4038FDDD11A9FC3E9F2C0B6C471" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating_662BA4038FDDD11A9FC3E9F2C0B6C471" xlink:to="lab_ocn_NumberOfNonAgencyServicingAgreementsTerminatedDueTodowngradesInMortgageServicerRating_662BA4038FDDD11A9FC3E9F2C0B6C471" xlink:type="arc" />
    <link:label id="lab_us-gaap_LitigationSettlementExpense_FA6E2575F2B94E713381E9F2C0B69046_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationSettlementExpense_FA6E2575F2B94E713381E9F2C0B69046" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation settlement expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="loc_us-gaap_LitigationSettlementExpense_FA6E2575F2B94E713381E9F2C0B69046" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LitigationSettlementExpense_FA6E2575F2B94E713381E9F2C0B69046" xlink:to="lab_us-gaap_LitigationSettlementExpense_FA6E2575F2B94E713381E9F2C0B69046" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyAccrualCarryingValuePayments_779A1BA1DB2C9958EF9AE9F2C0B638E7_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualCarryingValuePayments_779A1BA1DB2C9958EF9AE9F2C0B638E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of penalty in consent order</link:label>
    <link:label id="lab_us-gaap_LossContingencyAccrualCarryingValuePayments_779A1BA1DB2C9958EF9AE9F2C0B638E7_label_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualCarryingValuePayments_779A1BA1DB2C9958EF9AE9F2C0B638E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency Accrual, Payments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LossContingencyAccrualCarryingValuePayments" xlink:label="loc_us-gaap_LossContingencyAccrualCarryingValuePayments_779A1BA1DB2C9958EF9AE9F2C0B638E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyAccrualCarryingValuePayments_779A1BA1DB2C9958EF9AE9F2C0B638E7" xlink:to="lab_us-gaap_LossContingencyAccrualCarryingValuePayments_779A1BA1DB2C9958EF9AE9F2C0B638E7" xlink:type="arc" />
    <link:label id="lab_ocn_LossContingencyOversightMonitorPeriod_6085D3C99402F1881CECE9F2C0B6AEA0_terseLabel_en-US" xlink:label="lab_ocn_LossContingencyOversightMonitorPeriod_6085D3C99402F1881CECE9F2C0B6AEA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period of oversight by an independent national monitor</link:label>
    <link:label id="lab_ocn_LossContingencyOversightMonitorPeriod_6085D3C99402F1881CECE9F2C0B6AEA0_label_en-US" xlink:label="lab_ocn_LossContingencyOversightMonitorPeriod_6085D3C99402F1881CECE9F2C0B6AEA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Oversight Monitor Period</link:label>
    <link:label id="lab_ocn_LossContingencyOversightMonitorPeriod_6085D3C99402F1881CECE9F2C0B6AEA0_documentation_en-US" xlink:label="lab_ocn_LossContingencyOversightMonitorPeriod_6085D3C99402F1881CECE9F2C0B6AEA0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Contingency, Oversight Monitor Period</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LossContingencyOversightMonitorPeriod" xlink:label="loc_ocn_LossContingencyOversightMonitorPeriod_6085D3C99402F1881CECE9F2C0B6AEA0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LossContingencyOversightMonitorPeriod_6085D3C99402F1881CECE9F2C0B6AEA0" xlink:to="lab_ocn_LossContingencyOversightMonitorPeriod_6085D3C99402F1881CECE9F2C0B6AEA0" xlink:type="arc" />
    <link:label id="lab_ocn_FinancialPenaltiesInCaseOfUncuredViolations_B7931455465A90359536E9F2C0B6BAFF_terseLabel_en-US" xlink:label="lab_ocn_FinancialPenaltiesInCaseOfUncuredViolations_B7931455465A90359536E9F2C0B6BAFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial penalties in case of uncured violations</link:label>
    <link:label id="lab_ocn_FinancialPenaltiesInCaseOfUncuredViolations_B7931455465A90359536E9F2C0B6BAFF_label_en-US" xlink:label="lab_ocn_FinancialPenaltiesInCaseOfUncuredViolations_B7931455465A90359536E9F2C0B6BAFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Penalties In Case Of Uncured Violations</link:label>
    <link:label id="lab_ocn_FinancialPenaltiesInCaseOfUncuredViolations_B7931455465A90359536E9F2C0B6BAFF_documentation_en-US" xlink:label="lab_ocn_FinancialPenaltiesInCaseOfUncuredViolations_B7931455465A90359536E9F2C0B6BAFF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial penalties in case of uncured violations.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FinancialPenaltiesInCaseOfUncuredViolations" xlink:label="loc_ocn_FinancialPenaltiesInCaseOfUncuredViolations_B7931455465A90359536E9F2C0B6BAFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancialPenaltiesInCaseOfUncuredViolations_B7931455465A90359536E9F2C0B6BAFF" xlink:to="lab_ocn_FinancialPenaltiesInCaseOfUncuredViolations_B7931455465A90359536E9F2C0B6BAFF" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B60EB5EFBE50495D2171E9F2C0B6CD22_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B60EB5EFBE50495D2171E9F2C0B6CD22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued penalty</link:label>
    <link:label id="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B60EB5EFBE50495D2171E9F2C0B6CD22_label_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B60EB5EFBE50495D2171E9F2C0B6CD22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency Accrual</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LossContingencyAccrualAtCarryingValue" xlink:label="loc_us-gaap_LossContingencyAccrualAtCarryingValue_B60EB5EFBE50495D2171E9F2C0B6CD22" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyAccrualAtCarryingValue_B60EB5EFBE50495D2171E9F2C0B6CD22" xlink:to="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B60EB5EFBE50495D2171E9F2C0B6CD22" xlink:type="arc" />
    <link:label id="lab_ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated_752519EE8F62153F386AE9F2C0B65413_terseLabel_en-US" xlink:label="lab_ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated_752519EE8F62153F386AE9F2C0B65413" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum servicing licenses required</link:label>
    <link:label id="lab_ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated_752519EE8F62153F386AE9F2C0B65413_label_en-US" xlink:label="lab_ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated_752519EE8F62153F386AE9F2C0B65413" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Servicing Licenses Required In Jurisdictions Where Mortgaged Properties Located</link:label>
    <link:label id="lab_ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated_752519EE8F62153F386AE9F2C0B65413_documentation_en-US" xlink:label="lab_ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated_752519EE8F62153F386AE9F2C0B65413" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum servicing licenses required in jurisdictions where mortgaged properties located.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated" xlink:label="loc_ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated_752519EE8F62153F386AE9F2C0B65413" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated_752519EE8F62153F386AE9F2C0B65413" xlink:to="lab_ocn_MinimumServicingLicensesRequiredInJurisdictionsWhereMortgagedPropertiesLocated_752519EE8F62153F386AE9F2C0B65413" xlink:type="arc" />
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_C3EEDFB7764F7220344FE9F2C0B64F49_terseLabel_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_C3EEDFB7764F7220344FE9F2C0B64F49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding representation and warranty repurchase demands</link:label>
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_C3EEDFB7764F7220344FE9F2C0B64F49_label_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_C3EEDFB7764F7220344FE9F2C0B64F49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Warranty Repurchase Demands Unpaid Principal Balance</link:label>
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_C3EEDFB7764F7220344FE9F2C0B64F49_documentation_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_C3EEDFB7764F7220344FE9F2C0B64F49" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents unpaid principal balance related to outstanding representation and warranty repurchase demands as of the end of the period.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance" xlink:label="loc_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_C3EEDFB7764F7220344FE9F2C0B64F49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_C3EEDFB7764F7220344FE9F2C0B64F49" xlink:to="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_C3EEDFB7764F7220344FE9F2C0B64F49" xlink:type="arc" />
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_3AEF3B3A70D0C9DEA76AE9F2C0B69B97_terseLabel_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_3AEF3B3A70D0C9DEA76AE9F2C0B69B97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding representation and warranty repurchase demands, number of loans</link:label>
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_3AEF3B3A70D0C9DEA76AE9F2C0B69B97_label_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_3AEF3B3A70D0C9DEA76AE9F2C0B69B97" 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_3AEF3B3A70D0C9DEA76AE9F2C0B69B97_documentation_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_3AEF3B3A70D0C9DEA76AE9F2C0B69B97" 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-20151231.xsd#ocn_WarrantyRepurchaseDemandsNumberOfLoans" xlink:label="loc_ocn_WarrantyRepurchaseDemandsNumberOfLoans_3AEF3B3A70D0C9DEA76AE9F2C0B69B97" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_WarrantyRepurchaseDemandsNumberOfLoans_3AEF3B3A70D0C9DEA76AE9F2C0B69B97" xlink:to="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_3AEF3B3A70D0C9DEA76AE9F2C0B69B97" xlink:type="arc" />
    <link:label id="lab_us-gaap_InternalCreditAssessmentAxis_4C390FDA947EE82C13E6E57C5816E4AF_terseLabel_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentAxis_4C390FDA947EE82C13E6E57C5816E4AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Internal Credit Assessment [Axis]</link:label>
    <link:label id="lab_us-gaap_InternalCreditAssessmentAxis_4C390FDA947EE82C13E6E57C5816E4AF_label_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentAxis_4C390FDA947EE82C13E6E57C5816E4AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Internal Credit Assessment [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InternalCreditAssessmentAxis" xlink:label="loc_us-gaap_InternalCreditAssessmentAxis_4C390FDA947EE82C13E6E57C5816E4AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InternalCreditAssessmentAxis_4C390FDA947EE82C13E6E57C5816E4AF" xlink:to="lab_us-gaap_InternalCreditAssessmentAxis_4C390FDA947EE82C13E6E57C5816E4AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_InternalCreditAssessmentDomain_C51D24BDF5D36920D6E6E57C581604D7_terseLabel_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentDomain_C51D24BDF5D36920D6E6E57C581604D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Internal Credit Assessment [Domain]</link:label>
    <link:label id="lab_us-gaap_InternalCreditAssessmentDomain_C51D24BDF5D36920D6E6E57C581604D7_label_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentDomain_C51D24BDF5D36920D6E6E57C581604D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Internal Credit Assessment [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InternalCreditAssessmentDomain" xlink:label="loc_us-gaap_InternalCreditAssessmentDomain_C51D24BDF5D36920D6E6E57C581604D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InternalCreditAssessmentDomain_C51D24BDF5D36920D6E6E57C581604D7" xlink:to="lab_us-gaap_InternalCreditAssessmentDomain_C51D24BDF5D36920D6E6E57C581604D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesTypeAxis_9405160DE552380844FAE57C581629EF_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesTypeAxis_9405160DE552380844FAE57C581629EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Allowances and Reserves Type [Axis]</link:label>
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesTypeAxis_9405160DE552380844FAE57C581629EF_label_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesTypeAxis_9405160DE552380844FAE57C581629EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowances and Reserves Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:label="loc_us-gaap_ValuationAllowancesAndReservesTypeAxis_9405160DE552380844FAE57C581629EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationAllowancesAndReservesTypeAxis_9405160DE552380844FAE57C581629EF" xlink:to="lab_us-gaap_ValuationAllowancesAndReservesTypeAxis_9405160DE552380844FAE57C581629EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesDomain_2C7DFA9407D37C0F58D1E57C581628C5_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesDomain_2C7DFA9407D37C0F58D1E57C581628C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Allowances and Reserves [Domain]</link:label>
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesDomain_2C7DFA9407D37C0F58D1E57C581628C5_label_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesDomain_2C7DFA9407D37C0F58D1E57C581628C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowances and Reserves [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDomain" xlink:label="loc_us-gaap_ValuationAllowancesAndReservesDomain_2C7DFA9407D37C0F58D1E57C581628C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationAllowancesAndReservesDomain_2C7DFA9407D37C0F58D1E57C581628C5" xlink:to="lab_us-gaap_ValuationAllowancesAndReservesDomain_2C7DFA9407D37C0F58D1E57C581628C5" xlink:type="arc" />
    <link:label id="lab_ocn_ValuationAllowanceforLoansHeldforSaleMember_766E9B84F246DE43C40FE57C581705D8_terseLabel_en-US" xlink:label="lab_ocn_ValuationAllowanceforLoansHeldforSaleMember_766E9B84F246DE43C40FE57C581705D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Allowance for Loans Held for Sale [Member]</link:label>
    <link:label id="lab_ocn_ValuationAllowanceforLoansHeldforSaleMember_766E9B84F246DE43C40FE57C581705D8_label_en-US" xlink:label="lab_ocn_ValuationAllowanceforLoansHeldforSaleMember_766E9B84F246DE43C40FE57C581705D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowance for Loans Held for Sale [Member]</link:label>
    <link:label id="lab_ocn_ValuationAllowanceforLoansHeldforSaleMember_766E9B84F246DE43C40FE57C581705D8_documentation_en-US" xlink:label="lab_ocn_ValuationAllowanceforLoansHeldforSaleMember_766E9B84F246DE43C40FE57C581705D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Valuation Allowance for Loans Held for Sale [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ValuationAllowanceforLoansHeldforSaleMember" xlink:label="loc_ocn_ValuationAllowanceforLoansHeldforSaleMember_766E9B84F246DE43C40FE57C581705D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ValuationAllowanceforLoansHeldforSaleMember_766E9B84F246DE43C40FE57C581705D8" xlink:to="lab_ocn_ValuationAllowanceforLoansHeldforSaleMember_766E9B84F246DE43C40FE57C581705D8" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationLiabilityObligationsMember_DBF2BBBB131313772A68E57C58178E07_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationLiabilityObligationsMember_DBF2BBBB131313772A68E57C58178E07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indemnification Liability Obligations [Member]</link:label>
    <link:label id="lab_ocn_IndemnificationLiabilityObligationsMember_DBF2BBBB131313772A68E57C58178E07_label_en-US" xlink:label="lab_ocn_IndemnificationLiabilityObligationsMember_DBF2BBBB131313772A68E57C58178E07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indemnification Liability Obligations [Member]</link:label>
    <link:label id="lab_ocn_IndemnificationLiabilityObligationsMember_DBF2BBBB131313772A68E57C58178E07_documentation_en-US" xlink:label="lab_ocn_IndemnificationLiabilityObligationsMember_DBF2BBBB131313772A68E57C58178E07" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indemnification liability obligations.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IndemnificationLiabilityObligationsMember" xlink:label="loc_ocn_IndemnificationLiabilityObligationsMember_DBF2BBBB131313772A68E57C58178E07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationLiabilityObligationsMember_DBF2BBBB131313772A68E57C58178E07" xlink:to="lab_ocn_IndemnificationLiabilityObligationsMember_DBF2BBBB131313772A68E57C58178E07" xlink:type="arc" />
    <link:label id="lab_ocn_GinnieMaeLoansMember_997470A17731435E309CE57C58181943_terseLabel_en-US" xlink:label="lab_ocn_GinnieMaeLoansMember_997470A17731435E309CE57C58181943" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ginnie Mae [Member]</link:label>
    <link:label id="lab_ocn_GinnieMaeLoansMember_997470A17731435E309CE57C58181943_label_en-US" xlink:label="lab_ocn_GinnieMaeLoansMember_997470A17731435E309CE57C58181943" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ginnie Mae Loans [Member]</link:label>
    <link:label id="lab_ocn_GinnieMaeLoansMember_997470A17731435E309CE57C58181943_documentation_en-US" xlink:label="lab_ocn_GinnieMaeLoansMember_997470A17731435E309CE57C58181943" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ginnie Mae loans.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_GinnieMaeLoansMember" xlink:label="loc_ocn_GinnieMaeLoansMember_997470A17731435E309CE57C58181943" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GinnieMaeLoansMember_997470A17731435E309CE57C58181943" xlink:to="lab_ocn_GinnieMaeLoansMember_997470A17731435E309CE57C58181943" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesBalance_25360F7DF73766DE9615E57C581948FA_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesBalance_25360F7DF73766DE9615E57C581948FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation allowance</link:label>
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesBalance_25360F7DF73766DE9615E57C581948FA_label_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesBalance_25360F7DF73766DE9615E57C581948FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowances and Reserves, Balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ValuationAllowancesAndReservesBalance" xlink:label="loc_us-gaap_ValuationAllowancesAndReservesBalance_25360F7DF73766DE9615E57C581948FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationAllowancesAndReservesBalance_25360F7DF73766DE9615E57C581948FA" xlink:to="lab_us-gaap_ValuationAllowancesAndReservesBalance_25360F7DF73766DE9615E57C581948FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesDeductions_59C2AEC5B9B2FE044D12E57C58194307_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesDeductions_59C2AEC5B9B2FE044D12E57C58194307" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Allowances and Reserves, Deductions</link:label>
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesDeductions_59C2AEC5B9B2FE044D12E57C58194307_label_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesDeductions_59C2AEC5B9B2FE044D12E57C58194307" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowances and Reserves, Deductions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDeductions" xlink:label="loc_us-gaap_ValuationAllowancesAndReservesDeductions_59C2AEC5B9B2FE044D12E57C58194307" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationAllowancesAndReservesDeductions_59C2AEC5B9B2FE044D12E57C58194307" xlink:to="lab_us-gaap_ValuationAllowancesAndReservesDeductions_59C2AEC5B9B2FE044D12E57C58194307" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_05D902A838CFD5BBAFD3E57C58199D65_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_05D902A838CFD5BBAFD3E57C58199D65" 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:loc xlink:href="ocn-20151231.xsd#ocn_LoansHeldForSaleAtLowerOfCostOrFairValue" xlink:label="loc_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_05D902A838CFD5BBAFD3E57C58199D65" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_05D902A838CFD5BBAFD3E57C58199D65" xlink:to="lab_ocn_LoansHeldForSaleAtLowerOfCostOrFairValue_05D902A838CFD5BBAFD3E57C58199D65" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesChargedToOtherAccounts_36CE004D4576838EC62CE57C5819D927_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesChargedToOtherAccounts_36CE004D4576838EC62CE57C5819D927" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in valuation allowance, adjustments</link:label>
    <link:label id="lab_us-gaap_ValuationAllowancesAndReservesChargedToOtherAccounts_36CE004D4576838EC62CE57C5819D927_label_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesChargedToOtherAccounts_36CE004D4576838EC62CE57C5819D927" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowances and Reserves, Charged to Other Accounts</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ValuationAllowancesAndReservesChargedToOtherAccounts" xlink:label="loc_us-gaap_ValuationAllowancesAndReservesChargedToOtherAccounts_36CE004D4576838EC62CE57C5819D927" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationAllowancesAndReservesChargedToOtherAccounts_36CE004D4576838EC62CE57C5819D927" xlink:to="lab_us-gaap_ValuationAllowancesAndReservesChargedToOtherAccounts_36CE004D4576838EC62CE57C5819D927" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_696A8E5DAEC1E11BA7C2B1D5B8A68CC0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_696A8E5DAEC1E11BA7C2B1D5B8A68CC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments and Hedging Activities</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_696A8E5DAEC1E11BA7C2B1D5B8A68CC0_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_696A8E5DAEC1E11BA7C2B1D5B8A68CC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_696A8E5DAEC1E11BA7C2B1D5B8A68CC0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_696A8E5DAEC1E11BA7C2B1D5B8A68CC0" xlink:to="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_696A8E5DAEC1E11BA7C2B1D5B8A68CC0" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_ACBC78C5CE6443264424B1D5BD28993C_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_ACBC78C5CE6443264424B1D5BD28993C" 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_ACBC78C5CE6443264424B1D5BD28993C_label_en-US" xlink:label="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_ACBC78C5CE6443264424B1D5BD28993C" 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_ACBC78C5CE6443264424B1D5BD28993C_documentation_en-US" xlink:label="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_ACBC78C5CE6443264424B1D5BD28993C" 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-20151231.xsd#ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" xlink:label="loc_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_ACBC78C5CE6443264424B1D5BD28993C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_ACBC78C5CE6443264424B1D5BD28993C" xlink:to="lab_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock_ACBC78C5CE6443264424B1D5BD28993C" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_4BE3AA72F30F449CA587B1D5BD28E75B_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_4BE3AA72F30F449CA587B1D5BD28E75B" 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_4BE3AA72F30F449CA587B1D5BD28E75B_label_en-US" xlink:label="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_4BE3AA72F30F449CA587B1D5BD28E75B" 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_4BE3AA72F30F449CA587B1D5BD28E75B_documentation_en-US" xlink:label="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_4BE3AA72F30F449CA587B1D5BD28E75B" 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-20151231.xsd#ocn_ScheduleofFinancingLiabilitiesTableTextBlock" xlink:label="loc_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_4BE3AA72F30F449CA587B1D5BD28E75B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_4BE3AA72F30F449CA587B1D5BD28E75B" xlink:to="lab_ocn_ScheduleofFinancingLiabilitiesTableTextBlock_4BE3AA72F30F449CA587B1D5BD28E75B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_CBDF86D765197F0DF039B1D5BD281306_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_CBDF86D765197F0DF039B1D5BD281306" 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_CBDF86D765197F0DF039B1D5BD281306_label_en-US" xlink:label="lab_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_CBDF86D765197F0DF039B1D5BD281306" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" xlink:label="loc_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_CBDF86D765197F0DF039B1D5BD281306" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_CBDF86D765197F0DF039B1D5BD281306" xlink:to="lab_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_CBDF86D765197F0DF039B1D5BD281306" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionTableTextBlock_F0F06EB5165B1E3F3DBEB1D5BD28A8F3_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionTableTextBlock_F0F06EB5165B1E3F3DBEB1D5BD28A8F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Redemption Prices</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionTableTextBlock_F0F06EB5165B1E3F3DBEB1D5BD28A8F3_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionTableTextBlock_F0F06EB5165B1E3F3DBEB1D5BD28A8F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Redemption [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionTableTextBlock" xlink:label="loc_us-gaap_DebtInstrumentRedemptionTableTextBlock_F0F06EB5165B1E3F3DBEB1D5BD28A8F3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionTableTextBlock_F0F06EB5165B1E3F3DBEB1D5BD28A8F3" xlink:to="lab_us-gaap_DebtInstrumentRedemptionTableTextBlock_F0F06EB5165B1E3F3DBEB1D5BD28A8F3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_3DBCEEE725FB2570264AB1D5BD28745D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_3DBCEEE725FB2570264AB1D5BD28745D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Aggregate Long-term Borrowings</link:label>
    <link:label id="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_3DBCEEE725FB2570264AB1D5BD28745D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_3DBCEEE725FB2570264AB1D5BD28745D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Maturities of Long-term Debt [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_3DBCEEE725FB2570264AB1D5BD28745D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_3DBCEEE725FB2570264AB1D5BD28745D" xlink:to="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_3DBCEEE725FB2570264AB1D5BD28745D" xlink:type="arc" />
    <link:label id="lab_ocn_ImpairedGovernmentInsuredStratumMember_14702A906A17ED900171DD3FAE898B69_terseLabel_en-US" xlink:label="lab_ocn_ImpairedGovernmentInsuredStratumMember_14702A906A17ED900171DD3FAE898B69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impaired Government Insured Stratum [Member]</link:label>
    <link:label id="lab_ocn_ImpairedGovernmentInsuredStratumMember_14702A906A17ED900171DD3FAE898B69_label_en-US" xlink:label="lab_ocn_ImpairedGovernmentInsuredStratumMember_14702A906A17ED900171DD3FAE898B69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impaired Government Insured Stratum [Member]</link:label>
    <link:label id="lab_ocn_ImpairedGovernmentInsuredStratumMember_14702A906A17ED900171DD3FAE898B69_documentation_en-US" xlink:label="lab_ocn_ImpairedGovernmentInsuredStratumMember_14702A906A17ED900171DD3FAE898B69" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impaired government insured stratum.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ImpairedGovernmentInsuredStratumMember" xlink:label="loc_ocn_ImpairedGovernmentInsuredStratumMember_14702A906A17ED900171DD3FAE898B69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ImpairedGovernmentInsuredStratumMember_14702A906A17ED900171DD3FAE898B69" xlink:to="lab_ocn_ImpairedGovernmentInsuredStratumMember_14702A906A17ED900171DD3FAE898B69" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValue_C6CD4EB78FF1CAB0293FDD3FAE8A09EF_verboseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValue_C6CD4EB78FF1CAB0293FDD3FAE8A09EF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Servicing asset at carrying value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValue" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValue_C6CD4EB78FF1CAB0293FDD3FAE8A09EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValue_C6CD4EB78FF1CAB0293FDD3FAE8A09EF" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValue_C6CD4EB78FF1CAB0293FDD3FAE8A09EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_715578E2CFB1FF8D9FC3DD3FAE8ADCAF_verboseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_715578E2CFB1FF8D9FC3DD3FAE8ADCAF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Valuation allowance of MSRs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueValuationAllowance" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_715578E2CFB1FF8D9FC3DD3FAE8ADCAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_715578E2CFB1FF8D9FC3DD3FAE8ADCAF" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_715578E2CFB1FF8D9FC3DD3FAE8ADCAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssumptionsExpectedTerm_1372A6BC75094F7D9F4FD0A6FE93BC87_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssumptionsExpectedTerm_1372A6BC75094F7D9F4FD0A6FE93BC87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Life</link:label>
    <link:label id="lab_us-gaap_FairValueAssumptionsExpectedTerm_1372A6BC75094F7D9F4FD0A6FE93BC87_label_en-US" xlink:label="lab_us-gaap_FairValueAssumptionsExpectedTerm_1372A6BC75094F7D9F4FD0A6FE93BC87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Assumptions, Expected Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueAssumptionsExpectedTerm" xlink:label="loc_us-gaap_FairValueAssumptionsExpectedTerm_1372A6BC75094F7D9F4FD0A6FE93BC87" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssumptionsExpectedTerm_1372A6BC75094F7D9F4FD0A6FE93BC87" xlink:to="lab_us-gaap_FairValueAssumptionsExpectedTerm_1372A6BC75094F7D9F4FD0A6FE93BC87" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueInputsRepaymentRate_918A5CDDFBB46D578FC4D0A6FE93F561_terseLabel_en-US" xlink:label="lab_ocn_FairValueInputsRepaymentRate_918A5CDDFBB46D578FC4D0A6FE93F561" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repayment rate</link:label>
    <link:label id="lab_ocn_FairValueInputsRepaymentRate_918A5CDDFBB46D578FC4D0A6FE93F561_label_en-US" xlink:label="lab_ocn_FairValueInputsRepaymentRate_918A5CDDFBB46D578FC4D0A6FE93F561" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Repayment Rate</link:label>
    <link:label id="lab_ocn_FairValueInputsRepaymentRate_918A5CDDFBB46D578FC4D0A6FE93F561_documentation_en-US" xlink:label="lab_ocn_FairValueInputsRepaymentRate_918A5CDDFBB46D578FC4D0A6FE93F561" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Repayment Rate</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FairValueInputsRepaymentRate" xlink:label="loc_ocn_FairValueInputsRepaymentRate_918A5CDDFBB46D578FC4D0A6FE93F561" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueInputsRepaymentRate_918A5CDDFBB46D578FC4D0A6FE93F561" xlink:to="lab_ocn_FairValueInputsRepaymentRate_918A5CDDFBB46D578FC4D0A6FE93F561" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsDiscountRate_20568CD6487B8C657063D0A6FE932791_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsDiscountRate_20568CD6487B8C657063D0A6FE932791" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsDiscountRate" xlink:label="loc_us-gaap_FairValueInputsDiscountRate_20568CD6487B8C657063D0A6FE932791" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsDiscountRate_20568CD6487B8C657063D0A6FE932791" xlink:to="lab_us-gaap_FairValueInputsDiscountRate_20568CD6487B8C657063D0A6FE932791" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsPrepaymentRate_666DB6042846A11998B9D0A6FE9333EB_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsPrepaymentRate_666DB6042846A11998B9D0A6FE9333EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepayment rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsPrepaymentRate" xlink:label="loc_us-gaap_FairValueInputsPrepaymentRate_666DB6042846A11998B9D0A6FE9333EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsPrepaymentRate_666DB6042846A11998B9D0A6FE9333EB" xlink:to="lab_us-gaap_FairValueInputsPrepaymentRate_666DB6042846A11998B9D0A6FE9333EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsProbabilityOfDefault_746875C23ACBFC777349D0A6FE9335DE_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsProbabilityOfDefault_746875C23ACBFC777349D0A6FE9335DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Delinquency rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueInputsProbabilityOfDefault" xlink:label="loc_us-gaap_FairValueInputsProbabilityOfDefault_746875C23ACBFC777349D0A6FE9335DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsProbabilityOfDefault_746875C23ACBFC777349D0A6FE9335DE" xlink:to="lab_us-gaap_FairValueInputsProbabilityOfDefault_746875C23ACBFC777349D0A6FE9335DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssetsDisclosureTextBlock_97A8654652046E5603DEB1D5B718FA1A_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsDisclosureTextBlock_97A8654652046E5603DEB1D5B718FA1A" 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_OtherAssetsDisclosureTextBlock_97A8654652046E5603DEB1D5B718FA1A_label_en-US" xlink:label="lab_us-gaap_OtherAssetsDisclosureTextBlock_97A8654652046E5603DEB1D5B718FA1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_OtherAssetsDisclosureTextBlock_97A8654652046E5603DEB1D5B718FA1A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsDisclosureTextBlock_97A8654652046E5603DEB1D5B718FA1A" xlink:to="lab_us-gaap_OtherAssetsDisclosureTextBlock_97A8654652046E5603DEB1D5B718FA1A" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredDebtMember_9759F2B920357AE1473D1828121AFF8F_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebtMember_9759F2B920357AE1473D1828121AFF8F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other Secured Borrowings [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SecuredDebtMember" xlink:label="loc_us-gaap_SecuredDebtMember_9759F2B920357AE1473D1828121AFF8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredDebtMember_9759F2B920357AE1473D1828121AFF8F" xlink:to="lab_us-gaap_SecuredDebtMember_9759F2B920357AE1473D1828121AFF8F" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_369A2DF295AFC0A2D8AC1828121A08C4_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_369A2DF295AFC0A2D8AC1828121A08C4" 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_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_369A2DF295AFC0A2D8AC1828121A08C4_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_369A2DF295AFC0A2D8AC1828121A08C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_369A2DF295AFC0A2D8AC1828121A08C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_369A2DF295AFC0A2D8AC1828121A08C4" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_369A2DF295AFC0A2D8AC1828121A08C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_B07E5E07C4D11362187E1828121A8095_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_B07E5E07C4D11362187E1828121A8095" 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_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_B07E5E07C4D11362187E1828121A8095_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_B07E5E07C4D11362187E1828121A8095" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Two</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_B07E5E07C4D11362187E1828121A8095" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_B07E5E07C4D11362187E1828121A8095" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_B07E5E07C4D11362187E1828121A8095" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_E6AF7FB023EAD53117F71828121A4A41_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_E6AF7FB023EAD53117F71828121A4A41" 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_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_E6AF7FB023EAD53117F71828121A4A41_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_E6AF7FB023EAD53117F71828121A4A41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Three</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_E6AF7FB023EAD53117F71828121A4A41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_E6AF7FB023EAD53117F71828121A4A41" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_E6AF7FB023EAD53117F71828121A4A41" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_E0E6752E04D265FD9E421828121A8264_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_E0E6752E04D265FD9E421828121A8264" 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_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_E0E6752E04D265FD9E421828121A8264_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_E0E6752E04D265FD9E421828121A8264" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Four</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_E0E6752E04D265FD9E421828121A8264" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_E0E6752E04D265FD9E421828121A8264" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_E0E6752E04D265FD9E421828121A8264" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_9FD09388A6E362788D1D1828121ABB9D_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_9FD09388A6E362788D1D1828121ABB9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_9FD09388A6E362788D1D1828121ABB9D_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_9FD09388A6E362788D1D1828121ABB9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_9FD09388A6E362788D1D1828121ABB9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_9FD09388A6E362788D1D1828121ABB9D" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_9FD09388A6E362788D1D1828121ABB9D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_CE4C4E2FC91769ECF6A41828121A4F0D_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_CE4C4E2FC91769ECF6A41828121A4F0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">There-after</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_CE4C4E2FC91769ECF6A41828121A4F0D_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_CE4C4E2FC91769ECF6A41828121A4F0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal after Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_CE4C4E2FC91769ECF6A41828121A4F0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_CE4C4E2FC91769ECF6A41828121A4F0D" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_CE4C4E2FC91769ECF6A41828121A4F0D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_C179BF48E075205EBDD41828121B4E80_totalLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_C179BF48E075205EBDD41828121B4E80" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Balance</link:label>
    <link:label id="lab_us-gaap_LongTermDebt_C179BF48E075205EBDD41828121B4E80_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_C179BF48E075205EBDD41828121B4E80" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_C179BF48E075205EBDD41828121B4E80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_C179BF48E075205EBDD41828121B4E80" xlink:to="lab_us-gaap_LongTermDebt_C179BF48E075205EBDD41828121B4E80" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentFairValue_78C64DF2B77773BEF4FB1828121B33C7_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFairValue_78C64DF2B77773BEF4FB1828121B33C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFairValue_78C64DF2B77773BEF4FB1828121B33C7_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFairValue_78C64DF2B77773BEF4FB1828121B33C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="loc_us-gaap_DebtInstrumentFairValue_78C64DF2B77773BEF4FB1828121B33C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFairValue_78C64DF2B77773BEF4FB1828121B33C7" xlink:to="lab_us-gaap_DebtInstrumentFairValue_78C64DF2B77773BEF4FB1828121B33C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_IntersegmentEliminationMember_4216037568117A7647281AEFC13A3FD1_terseLabel_en-US" xlink:label="lab_us-gaap_IntersegmentEliminationMember_4216037568117A7647281AEFC13A3FD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Eliminations [Member]</link:label>
    <link:label id="lab_us-gaap_IntersegmentEliminationMember_4216037568117A7647281AEFC13A3FD1_label_en-US" xlink:label="lab_us-gaap_IntersegmentEliminationMember_4216037568117A7647281AEFC13A3FD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intersegment Eliminations [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="loc_us-gaap_IntersegmentEliminationMember_4216037568117A7647281AEFC13A3FD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntersegmentEliminationMember_4216037568117A7647281AEFC13A3FD1" xlink:to="lab_us-gaap_IntersegmentEliminationMember_4216037568117A7647281AEFC13A3FD1" xlink:type="arc" />
    <link:label id="lab_ocn_ResultsOfOperationsAbstract_3ADE78B7E2DAF4C3C9901AEFC13A9A83_terseLabel_en-US" xlink:label="lab_ocn_ResultsOfOperationsAbstract_3ADE78B7E2DAF4C3C9901AEFC13A9A83" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Results of Operations</link:label>
    <link:label id="lab_ocn_ResultsOfOperationsAbstract_3ADE78B7E2DAF4C3C9901AEFC13A9A83_label_en-US" xlink:label="lab_ocn_ResultsOfOperationsAbstract_3ADE78B7E2DAF4C3C9901AEFC13A9A83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Results of Operations [Abstract]</link:label>
    <link:label id="lab_ocn_ResultsOfOperationsAbstract_3ADE78B7E2DAF4C3C9901AEFC13A9A83_documentation_en-US" xlink:label="lab_ocn_ResultsOfOperationsAbstract_3ADE78B7E2DAF4C3C9901AEFC13A9A83" 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-20151231.xsd#ocn_ResultsOfOperationsAbstract" xlink:label="loc_ocn_ResultsOfOperationsAbstract_3ADE78B7E2DAF4C3C9901AEFC13A9A83" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ResultsOfOperationsAbstract_3ADE78B7E2DAF4C3C9901AEFC13A9A83" xlink:to="lab_ocn_ResultsOfOperationsAbstract_3ADE78B7E2DAF4C3C9901AEFC13A9A83" xlink:type="arc" />
    <link:label id="lab_us-gaap_Revenues_41800C64C496FAF90CE41AEFC13A47B2_terseLabel_en-US" xlink:label="lab_us-gaap_Revenues_41800C64C496FAF90CE41AEFC13A47B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_41800C64C496FAF90CE41AEFC13A47B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_41800C64C496FAF90CE41AEFC13A47B2" xlink:to="lab_us-gaap_Revenues_41800C64C496FAF90CE41AEFC13A47B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostsAndExpenses_0058F1F43D78FC91A1431AEFC13AC563_terseLabel_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_0058F1F43D78FC91A1431AEFC13AC563" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaap_CostsAndExpenses_0058F1F43D78FC91A1431AEFC13AC563" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostsAndExpenses_0058F1F43D78FC91A1431AEFC13AC563" xlink:to="lab_us-gaap_CostsAndExpenses_0058F1F43D78FC91A1431AEFC13AC563" xlink:type="arc" />
    <link:label id="lab_ocn_OtherIncomeExpenseAbstract0_0F0CB77BC29524535B6E1AEFC13A1020_terseLabel_en-US" xlink:label="lab_ocn_OtherIncomeExpenseAbstract0_0F0CB77BC29524535B6E1AEFC13A1020" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income (expense):</link:label>
    <link:label id="lab_ocn_OtherIncomeExpenseAbstract0_0F0CB77BC29524535B6E1AEFC13A1020_label_en-US" xlink:label="lab_ocn_OtherIncomeExpenseAbstract0_0F0CB77BC29524535B6E1AEFC13A1020" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other income (expense): [Abstract]</link:label>
    <link:label id="lab_ocn_OtherIncomeExpenseAbstract0_0F0CB77BC29524535B6E1AEFC13A1020_documentation_en-US" xlink:label="lab_ocn_OtherIncomeExpenseAbstract0_0F0CB77BC29524535B6E1AEFC13A1020" 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-20151231.xsd#ocn_OtherIncomeExpenseAbstract0" xlink:label="loc_ocn_OtherIncomeExpenseAbstract0_0F0CB77BC29524535B6E1AEFC13A1020" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherIncomeExpenseAbstract0_0F0CB77BC29524535B6E1AEFC13A1020" xlink:to="lab_ocn_OtherIncomeExpenseAbstract0_0F0CB77BC29524535B6E1AEFC13A1020" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestAndOtherIncome_84384693100D325E83CD1AEFC13BA0A0_verboseLabel_en-US" xlink:label="lab_us-gaap_InterestAndOtherIncome_84384693100D325E83CD1AEFC13BA0A0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestAndOtherIncome" xlink:label="loc_us-gaap_InterestAndOtherIncome_84384693100D325E83CD1AEFC13BA0A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndOtherIncome_84384693100D325E83CD1AEFC13BA0A0" xlink:to="lab_us-gaap_InterestAndOtherIncome_84384693100D325E83CD1AEFC13BA0A0" xlink:type="arc" />
    <link:label id="lab_ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt_DFFD9A77C01FF1DEB7AE1B02099758D3_verboseLabel_en-US" xlink:label="lab_ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt_DFFD9A77C01FF1DEB7AE1B02099758D3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt_DFFD9A77C01FF1DEB7AE1B02099758D3_label_en-US" xlink:label="lab_ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt_DFFD9A77C01FF1DEB7AE1B02099758D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Nonoperating Income (Expense) Include Gain (Loss) On Extinguishment Of Debt</link:label>
    <link:label id="lab_ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt_DFFD9A77C01FF1DEB7AE1B02099758D3_documentation_en-US" xlink:label="lab_ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt_DFFD9A77C01FF1DEB7AE1B02099758D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Nonoperating Income (Expense) Include Gain (Loss) On Extinguishment Of Debt</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt" xlink:label="loc_ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt_DFFD9A77C01FF1DEB7AE1B02099758D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt_DFFD9A77C01FF1DEB7AE1B02099758D3" xlink:to="lab_ocn_OtherNonoperatingIncomeExpenseIncludeGainLossOnExtinguishmentOfDebt_DFFD9A77C01FF1DEB7AE1B02099758D3" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_9A51BF25BC929B8A71041AEFC13B6823_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_9A51BF25BC929B8A71041AEFC13B6823" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Assets</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_9A51BF25BC929B8A71041AEFC13B6823_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_9A51BF25BC929B8A71041AEFC13B6823" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_9A51BF25BC929B8A71041AEFC13B6823" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_9A51BF25BC929B8A71041AEFC13B6823" xlink:to="lab_us-gaap_AssetsAbstract_9A51BF25BC929B8A71041AEFC13B6823" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_E810E546A6050FDB0D231AEFC13B1CED_terseLabel_en-US" xlink:label="lab_us-gaap_Assets_E810E546A6050FDB0D231AEFC13B1CED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance</link:label>
    <link:label id="lab_us-gaap_Assets_E810E546A6050FDB0D231AEFC13B1CED_label_en-US" xlink:label="lab_us-gaap_Assets_E810E546A6050FDB0D231AEFC13B1CED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_E810E546A6050FDB0D231AEFC13B1CED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_E810E546A6050FDB0D231AEFC13B1CED" xlink:to="lab_us-gaap_Assets_E810E546A6050FDB0D231AEFC13B1CED" xlink:type="arc" />
    <link:label id="lab_ocn_OASISSeries20141Member_AAF6671716C0689EE301D0A6FC5C23B7_verboseLabel_en-US" xlink:label="lab_ocn_OASISSeries20141Member_AAF6671716C0689EE301D0A6FC5C23B7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Secured Notes, Ocwen Asset Servicing Income Series, Series 2014-1 [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OASISSeries20141Member" xlink:label="loc_ocn_OASISSeries20141Member_AAF6671716C0689EE301D0A6FC5C23B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OASISSeries20141Member_AAF6671716C0689EE301D0A6FC5C23B7" xlink:to="lab_ocn_OASISSeries20141Member_AAF6671716C0689EE301D0A6FC5C23B7" xlink:type="arc" />
    <link:label id="lab_ocn_FinancingLiabilityAdvancesPledgedMember_F3D78484D23A9E72ECECD0A6FC5C5F01_terseLabel_en-US" xlink:label="lab_ocn_FinancingLiabilityAdvancesPledgedMember_F3D78484D23A9E72ECECD0A6FC5C5F01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Liability &#8211; Advances Pledged [Member]</link:label>
    <link:label id="lab_ocn_FinancingLiabilityAdvancesPledgedMember_F3D78484D23A9E72ECECD0A6FC5C5F01_label_en-US" xlink:label="lab_ocn_FinancingLiabilityAdvancesPledgedMember_F3D78484D23A9E72ECECD0A6FC5C5F01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Liability Advances Pledged [Member]</link:label>
    <link:label id="lab_ocn_FinancingLiabilityAdvancesPledgedMember_F3D78484D23A9E72ECECD0A6FC5C5F01_documentation_en-US" xlink:label="lab_ocn_FinancingLiabilityAdvancesPledgedMember_F3D78484D23A9E72ECECD0A6FC5C5F01" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Liability Advances Pledged [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FinancingLiabilityAdvancesPledgedMember" xlink:label="loc_ocn_FinancingLiabilityAdvancesPledgedMember_F3D78484D23A9E72ECECD0A6FC5C5F01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancingLiabilityAdvancesPledgedMember_F3D78484D23A9E72ECECD0A6FC5C5F01" xlink:to="lab_ocn_FinancingLiabilityAdvancesPledgedMember_F3D78484D23A9E72ECECD0A6FC5C5F01" xlink:type="arc" />
    <link:label id="lab_ocn_InterestMarginPeriodAxis_71EC368157FC5F86CB59E9F2C1AB561F_terseLabel_en-US" xlink:label="lab_ocn_InterestMarginPeriodAxis_71EC368157FC5F86CB59E9F2C1AB561F" 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_71EC368157FC5F86CB59E9F2C1AB561F_label_en-US" xlink:label="lab_ocn_InterestMarginPeriodAxis_71EC368157FC5F86CB59E9F2C1AB561F" 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_71EC368157FC5F86CB59E9F2C1AB561F_documentation_en-US" xlink:label="lab_ocn_InterestMarginPeriodAxis_71EC368157FC5F86CB59E9F2C1AB561F" 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-20151231.xsd#ocn_InterestMarginPeriodAxis" xlink:label="loc_ocn_InterestMarginPeriodAxis_71EC368157FC5F86CB59E9F2C1AB561F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_InterestMarginPeriodAxis_71EC368157FC5F86CB59E9F2C1AB561F" xlink:to="lab_ocn_InterestMarginPeriodAxis_71EC368157FC5F86CB59E9F2C1AB561F" xlink:type="arc" />
    <link:label id="lab_ocn_InterestMarginPeriodDomain_0E780B13C27DCC6EC67CE9F2C1AB8B2B_terseLabel_en-US" xlink:label="lab_ocn_InterestMarginPeriodDomain_0E780B13C27DCC6EC67CE9F2C1AB8B2B" 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_0E780B13C27DCC6EC67CE9F2C1AB8B2B_label_en-US" xlink:label="lab_ocn_InterestMarginPeriodDomain_0E780B13C27DCC6EC67CE9F2C1AB8B2B" 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_0E780B13C27DCC6EC67CE9F2C1AB8B2B_documentation_en-US" xlink:label="lab_ocn_InterestMarginPeriodDomain_0E780B13C27DCC6EC67CE9F2C1AB8B2B" 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-20151231.xsd#ocn_InterestMarginPeriodDomain" xlink:label="loc_ocn_InterestMarginPeriodDomain_0E780B13C27DCC6EC67CE9F2C1AB8B2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_InterestMarginPeriodDomain_0E780B13C27DCC6EC67CE9F2C1AB8B2B" xlink:to="lab_ocn_InterestMarginPeriodDomain_0E780B13C27DCC6EC67CE9F2C1AB8B2B" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember_A87416D96068F3270094E9F2C1AC60C0_terseLabel_en-US" xlink:label="lab_ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember_A87416D96068F3270094E9F2C1AC60C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OMART Series 2013-VF2 Notes [Member]</link:label>
    <link:label id="lab_ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember_A87416D96068F3270094E9F2C1AC60C0_label_en-US" xlink:label="lab_ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember_A87416D96068F3270094E9F2C1AC60C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen Master Advance Receivables Trust Variable Funding Notes Two [Member]</link:label>
    <link:label id="lab_ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember_A87416D96068F3270094E9F2C1AC60C0_documentation_en-US" xlink:label="lab_ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember_A87416D96068F3270094E9F2C1AC60C0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ocwen master advance receivables trust variable funding notes two.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember" xlink:label="loc_ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember_A87416D96068F3270094E9F2C1AC60C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember_A87416D96068F3270094E9F2C1AC60C0" xlink:to="lab_ocn_OcwenMasterAdvanceReceivablesTrustVariableFundingNotesTwoMember_A87416D96068F3270094E9F2C1AC60C0" xlink:type="arc" />
    <link:label id="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember_0AED36539586A5F6F50DE9F2C1ACF12A_terseLabel_en-US" xlink:label="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember_0AED36539586A5F6F50DE9F2C1ACF12A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2014 VF3 Notes [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember_0AED36539586A5F6F50DE9F2C1ACF12A_label_en-US" xlink:label="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember_0AED36539586A5F6F50DE9F2C1ACF12A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series Two Thousand Fourteen Variable Funding Notes Three [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember_0AED36539586A5F6F50DE9F2C1ACF12A_documentation_en-US" xlink:label="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember_0AED36539586A5F6F50DE9F2C1ACF12A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 2014 variable funding notes three.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember" xlink:label="loc_ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember_0AED36539586A5F6F50DE9F2C1ACF12A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember_0AED36539586A5F6F50DE9F2C1ACF12A" xlink:to="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesThreeMember_0AED36539586A5F6F50DE9F2C1ACF12A" xlink:type="arc" />
    <link:label id="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember_328C3659562C19D23E6BE9F2C1AC9A2C_terseLabel_en-US" xlink:label="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember_328C3659562C19D23E6BE9F2C1AC9A2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2014 VF4 Notes [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember_328C3659562C19D23E6BE9F2C1AC9A2C_label_en-US" xlink:label="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember_328C3659562C19D23E6BE9F2C1AC9A2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series Two Thousand Fourteen Variable Funding Notes Four [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember_328C3659562C19D23E6BE9F2C1AC9A2C_documentation_en-US" xlink:label="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember_328C3659562C19D23E6BE9F2C1AC9A2C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 2014 variable funding notes four.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember" xlink:label="loc_ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember_328C3659562C19D23E6BE9F2C1AC9A2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember_328C3659562C19D23E6BE9F2C1AC9A2C" xlink:to="lab_ocn_SeriesTwoThousandFourteenVariableFundingNotesFourMember_328C3659562C19D23E6BE9F2C1AC9A2C" xlink:type="arc" />
    <link:label id="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember_C4FD6D3E08FA7A8CCCECE9F2C1AC7AA7_terseLabel_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember_C4FD6D3E08FA7A8CCCECE9F2C1AC7AA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2015 VF2 Notes [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember_C4FD6D3E08FA7A8CCCECE9F2C1AC7AA7_label_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember_C4FD6D3E08FA7A8CCCECE9F2C1AC7AA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series Two Thousand Fifteen Variable Funding Notes Five [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember_C4FD6D3E08FA7A8CCCECE9F2C1AC7AA7_documentation_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember_C4FD6D3E08FA7A8CCCECE9F2C1AC7AA7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 2015 variable funding notes Five.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember" xlink:label="loc_ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember_C4FD6D3E08FA7A8CCCECE9F2C1AC7AA7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember_C4FD6D3E08FA7A8CCCECE9F2C1AC7AA7" xlink:to="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesFiveMember_C4FD6D3E08FA7A8CCCECE9F2C1AC7AA7" xlink:type="arc" />
    <link:label id="lab_ocn_SeriesTwoThousandFifteenTermNotesTwoMember_3F87D4333EF9F86C69E5E9F2C1ACCA0A_terseLabel_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenTermNotesTwoMember_3F87D4333EF9F86C69E5E9F2C1ACCA0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2015 T2 Notes [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFifteenTermNotesTwoMember_3F87D4333EF9F86C69E5E9F2C1ACCA0A_label_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenTermNotesTwoMember_3F87D4333EF9F86C69E5E9F2C1ACCA0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series Two Thousand Fifteen Term Notes Two [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFifteenTermNotesTwoMember_3F87D4333EF9F86C69E5E9F2C1ACCA0A_documentation_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenTermNotesTwoMember_3F87D4333EF9F86C69E5E9F2C1ACCA0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 2015-T2 notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SeriesTwoThousandFifteenTermNotesTwoMember" xlink:label="loc_ocn_SeriesTwoThousandFifteenTermNotesTwoMember_3F87D4333EF9F86C69E5E9F2C1ACCA0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeriesTwoThousandFifteenTermNotesTwoMember_3F87D4333EF9F86C69E5E9F2C1ACCA0A" xlink:to="lab_ocn_SeriesTwoThousandFifteenTermNotesTwoMember_3F87D4333EF9F86C69E5E9F2C1ACCA0A" xlink:type="arc" />
    <link:label id="lab_ocn_SeriesTwoThousandFifteenTermNotesOneMember_A9AB057C278B7FDA3838E9F2C1AD2B98_terseLabel_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenTermNotesOneMember_A9AB057C278B7FDA3838E9F2C1AD2B98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2015 T1 Notes [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFifteenTermNotesOneMember_A9AB057C278B7FDA3838E9F2C1AD2B98_label_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenTermNotesOneMember_A9AB057C278B7FDA3838E9F2C1AD2B98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series Two Thousand Fifteen Term Notes One [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFifteenTermNotesOneMember_A9AB057C278B7FDA3838E9F2C1AD2B98_documentation_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenTermNotesOneMember_A9AB057C278B7FDA3838E9F2C1AD2B98" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 2015-T1 notes.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SeriesTwoThousandFifteenTermNotesOneMember" xlink:label="loc_ocn_SeriesTwoThousandFifteenTermNotesOneMember_A9AB057C278B7FDA3838E9F2C1AD2B98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeriesTwoThousandFifteenTermNotesOneMember_A9AB057C278B7FDA3838E9F2C1AD2B98" xlink:to="lab_ocn_SeriesTwoThousandFifteenTermNotesOneMember_A9AB057C278B7FDA3838E9F2C1AD2B98" xlink:type="arc" />
    <link:label id="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember_7FDE87A05CC4617DFC6FE9F2C1ADB36F_terseLabel_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember_7FDE87A05CC4617DFC6FE9F2C1ADB36F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2015 VF1 Notes [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember_7FDE87A05CC4617DFC6FE9F2C1ADB36F_label_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember_7FDE87A05CC4617DFC6FE9F2C1ADB36F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series Two Thousand Fifteen Variable Funding Notes One [Member]</link:label>
    <link:label id="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember_7FDE87A05CC4617DFC6FE9F2C1ADB36F_documentation_en-US" xlink:label="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember_7FDE87A05CC4617DFC6FE9F2C1ADB36F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series two thousand fifteen variable funding notes one.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember" xlink:label="loc_ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember_7FDE87A05CC4617DFC6FE9F2C1ADB36F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember_7FDE87A05CC4617DFC6FE9F2C1ADB36F" xlink:to="lab_ocn_SeriesTwoThousandFifteenVariableFundingNotesOneMember_7FDE87A05CC4617DFC6FE9F2C1ADB36F" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAxis_7DF816DA6546973E3F05E9F2C1ADFD71_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAxis_7DF816DA6546973E3F05E9F2C1ADFD71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments Owned and Pledged as Collateral by Type [Axis]</link:label>
    <link:label id="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAxis_7DF816DA6546973E3F05E9F2C1ADFD71_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAxis_7DF816DA6546973E3F05E9F2C1ADFD71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments Owned and Pledged as Collateral by Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAxis" xlink:label="loc_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAxis_7DF816DA6546973E3F05E9F2C1ADFD71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAxis_7DF816DA6546973E3F05E9F2C1ADFD71" xlink:to="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAxis_7DF816DA6546973E3F05E9F2C1ADFD71" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralTypeDomain_43D20C10ACCBB90542CBE9F2C1AD2446_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralTypeDomain_43D20C10ACCBB90542CBE9F2C1AD2446" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments Owned and Pledged as Collateral, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralTypeDomain_43D20C10ACCBB90542CBE9F2C1AD2446_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralTypeDomain_43D20C10ACCBB90542CBE9F2C1AD2446" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments Owned and Pledged as Collateral, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralTypeDomain" xlink:label="loc_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralTypeDomain_43D20C10ACCBB90542CBE9F2C1AD2446" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralTypeDomain_43D20C10ACCBB90542CBE9F2C1AD2446" xlink:to="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralTypeDomain_43D20C10ACCBB90542CBE9F2C1AD2446" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_231C1DA58FE3189D5AA6E9F2C1AD9266_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_231C1DA58FE3189D5AA6E9F2C1AD9266" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available borrowing capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:label="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_231C1DA58FE3189D5AA6E9F2C1AD9266" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_231C1DA58FE3189D5AA6E9F2C1AD9266" xlink:to="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_231C1DA58FE3189D5AA6E9F2C1AD9266" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_735ED2BB5AA6B577C41BE9F2C1AD0A0A_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_735ED2BB5AA6B577C41BE9F2C1AD0A0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1-Month LIBOR</link:label>
    <link:label id="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_735ED2BB5AA6B577C41BE9F2C1AD0A0A_label_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_735ED2BB5AA6B577C41BE9F2C1AD0A0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Basis for Effective Rate at Period End</link:label>
    <link:label id="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_735ED2BB5AA6B577C41BE9F2C1AD0A0A_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_735ED2BB5AA6B577C41BE9F2C1AD0A0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Basis for Effective Rate at Period End</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd" xlink:label="loc_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_735ED2BB5AA6B577C41BE9F2C1AD0A0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_735ED2BB5AA6B577C41BE9F2C1AD0A0A" xlink:to="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_735ED2BB5AA6B577C41BE9F2C1AD0A0A" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityExpirationDate1_473250C6A27E8AA8B57AE9F2C1AD5260_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityExpirationDate1_473250C6A27E8AA8B57AE9F2C1AD5260" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance facility, termination date</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityExpirationDate1_473250C6A27E8AA8B57AE9F2C1AD5260_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityExpirationDate1_473250C6A27E8AA8B57AE9F2C1AD5260" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Expiration Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LineOfCreditFacilityExpirationDate1" xlink:label="loc_us-gaap_LineOfCreditFacilityExpirationDate1_473250C6A27E8AA8B57AE9F2C1AD5260" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityExpirationDate1_473250C6A27E8AA8B57AE9F2C1AD5260" xlink:to="lab_us-gaap_LineOfCreditFacilityExpirationDate1_473250C6A27E8AA8B57AE9F2C1AD5260" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodEndDate_F8601DF379A0AF3AA1EBE9F2C1AD7982_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodEndDate_F8601DF379A0AF3AA1EBE9F2C1AD7982" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance facility, repayment date</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodEndDate_F8601DF379A0AF3AA1EBE9F2C1AD7982_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodEndDate_F8601DF379A0AF3AA1EBE9F2C1AD7982" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption Period, End Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodEndDate" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodEndDate_F8601DF379A0AF3AA1EBE9F2C1AD7982" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodEndDate_F8601DF379A0AF3AA1EBE9F2C1AD7982" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodEndDate_F8601DF379A0AF3AA1EBE9F2C1AD7982" xlink:type="arc" />
    <link:label id="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_9904EB5D20767FAD7547E9F2C1AE17DE_terseLabel_en-US" xlink:label="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_9904EB5D20767FAD7547E9F2C1AE17DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) to borrowing capacity</link:label>
    <link:label id="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_9904EB5D20767FAD7547E9F2C1AE17DE_label_en-US" xlink:label="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_9904EB5D20767FAD7547E9F2C1AE17DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Increase (Decrease) to Borrowing Capacity</link:label>
    <link:label id="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_9904EB5D20767FAD7547E9F2C1AE17DE_documentation_en-US" xlink:label="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_9904EB5D20767FAD7547E9F2C1AE17DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Increase (Decrease) to Borrowing Capacity</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity" xlink:label="loc_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_9904EB5D20767FAD7547E9F2C1AE17DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_9904EB5D20767FAD7547E9F2C1AE17DE" xlink:to="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_9904EB5D20767FAD7547E9F2C1AE17DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfDebt_A707B1DAA1784D392EA6E9F2C1AE7369_terseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfDebt_A707B1DAA1784D392EA6E9F2C1AE7369" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repayments of Debt</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfDebt_A707B1DAA1784D392EA6E9F2C1AE7369_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfDebt_A707B1DAA1784D392EA6E9F2C1AE7369" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RepaymentsOfDebt" xlink:label="loc_us-gaap_RepaymentsOfDebt_A707B1DAA1784D392EA6E9F2C1AE7369" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfDebt_A707B1DAA1784D392EA6E9F2C1AE7369" xlink:to="lab_us-gaap_RepaymentsOfDebt_A707B1DAA1784D392EA6E9F2C1AE7369" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_7133A8F1401E2C16417EB1D5BD585C25_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_7133A8F1401E2C16417EB1D5BD585C25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Segment Reporting</link:label>
    <link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_7133A8F1401E2C16417EB1D5BD585C25_label_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_7133A8F1401E2C16417EB1D5BD585C25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_us-gaap_SegmentReportingDisclosureTextBlock_7133A8F1401E2C16417EB1D5BD585C25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingDisclosureTextBlock_7133A8F1401E2C16417EB1D5BD585C25" xlink:to="lab_us-gaap_SegmentReportingDisclosureTextBlock_7133A8F1401E2C16417EB1D5BD585C25" xlink:type="arc" />
    <link:label id="lab_ocn_IndiaAndPhilippinesSubsidiaryMember_FBA321830C83583E7B6308148C24584D_terseLabel_en-US" xlink:label="lab_ocn_IndiaAndPhilippinesSubsidiaryMember_FBA321830C83583E7B6308148C24584D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">India And Philippines Subsidiary [Member]</link:label>
    <link:label id="lab_ocn_IndiaAndPhilippinesSubsidiaryMember_FBA321830C83583E7B6308148C24584D_label_en-US" xlink:label="lab_ocn_IndiaAndPhilippinesSubsidiaryMember_FBA321830C83583E7B6308148C24584D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">India And Philippines Subsidiary [Member]</link:label>
    <link:label id="lab_ocn_IndiaAndPhilippinesSubsidiaryMember_FBA321830C83583E7B6308148C24584D_documentation_en-US" xlink:label="lab_ocn_IndiaAndPhilippinesSubsidiaryMember_FBA321830C83583E7B6308148C24584D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">India and Philippines subsidiary.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IndiaAndPhilippinesSubsidiaryMember" xlink:label="loc_ocn_IndiaAndPhilippinesSubsidiaryMember_FBA321830C83583E7B6308148C24584D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndiaAndPhilippinesSubsidiaryMember_FBA321830C83583E7B6308148C24584D" xlink:to="lab_ocn_IndiaAndPhilippinesSubsidiaryMember_FBA321830C83583E7B6308148C24584D" xlink:type="arc" />
    <link:label id="lab_ocn_ForeignSubsidiariesMember_5A2B6AA448765CFEF78408148C241B72_terseLabel_en-US" xlink:label="lab_ocn_ForeignSubsidiariesMember_5A2B6AA448765CFEF78408148C241B72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Subsidiaries [Member]</link:label>
    <link:label id="lab_ocn_ForeignSubsidiariesMember_5A2B6AA448765CFEF78408148C241B72_label_en-US" xlink:label="lab_ocn_ForeignSubsidiariesMember_5A2B6AA448765CFEF78408148C241B72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Subsidiaries [Member]</link:label>
    <link:label id="lab_ocn_ForeignSubsidiariesMember_5A2B6AA448765CFEF78408148C241B72_documentation_en-US" xlink:label="lab_ocn_ForeignSubsidiariesMember_5A2B6AA448765CFEF78408148C241B72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign subsidiaries.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ForeignSubsidiariesMember" xlink:label="loc_ocn_ForeignSubsidiariesMember_5A2B6AA448765CFEF78408148C241B72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ForeignSubsidiariesMember_5A2B6AA448765CFEF78408148C241B72" xlink:to="lab_ocn_ForeignSubsidiariesMember_5A2B6AA448765CFEF78408148C241B72" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenMortgageServicingIncMember_73A4673B9794CFF7022808148C24AE09_terseLabel_en-US" xlink:label="lab_ocn_OcwenMortgageServicingIncMember_73A4673B9794CFF7022808148C24AE09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ocwen Mortgage Servicing Inc [Member]</link:label>
    <link:label id="lab_ocn_OcwenMortgageServicingIncMember_73A4673B9794CFF7022808148C24AE09_label_en-US" xlink:label="lab_ocn_OcwenMortgageServicingIncMember_73A4673B9794CFF7022808148C24AE09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen Mortgage Servicing Inc [Member]</link:label>
    <link:label id="lab_ocn_OcwenMortgageServicingIncMember_73A4673B9794CFF7022808148C24AE09_documentation_en-US" xlink:label="lab_ocn_OcwenMortgageServicingIncMember_73A4673B9794CFF7022808148C24AE09" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the primary operating subsidiary.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OcwenMortgageServicingIncMember" xlink:label="loc_ocn_OcwenMortgageServicingIncMember_73A4673B9794CFF7022808148C24AE09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenMortgageServicingIncMember_73A4673B9794CFF7022808148C24AE09" xlink:to="lab_ocn_OcwenMortgageServicingIncMember_73A4673B9794CFF7022808148C24AE09" xlink:type="arc" />
    <link:label id="lab_us-gaap_TaxCreditCarryforwardAxis_8F8DA3B2E36429B8657408148C24B4D8_terseLabel_en-US" xlink:label="lab_us-gaap_TaxCreditCarryforwardAxis_8F8DA3B2E36429B8657408148C24B4D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax Credit Carryforward [Axis]</link:label>
    <link:label id="lab_us-gaap_TaxCreditCarryforwardAxis_8F8DA3B2E36429B8657408148C24B4D8_label_en-US" xlink:label="lab_us-gaap_TaxCreditCarryforwardAxis_8F8DA3B2E36429B8657408148C24B4D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Credit Carryforward [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TaxCreditCarryforwardAxis" xlink:label="loc_us-gaap_TaxCreditCarryforwardAxis_8F8DA3B2E36429B8657408148C24B4D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TaxCreditCarryforwardAxis_8F8DA3B2E36429B8657408148C24B4D8" xlink:to="lab_us-gaap_TaxCreditCarryforwardAxis_8F8DA3B2E36429B8657408148C24B4D8" xlink:type="arc" />
    <link:label id="lab_us-gaap_TaxCreditCarryforwardNameDomain_B40AD3FFC804BBA0AFBA08148C2436A5_terseLabel_en-US" xlink:label="lab_us-gaap_TaxCreditCarryforwardNameDomain_B40AD3FFC804BBA0AFBA08148C2436A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax Credit Carryforward, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_TaxCreditCarryforwardNameDomain_B40AD3FFC804BBA0AFBA08148C2436A5_label_en-US" xlink:label="lab_us-gaap_TaxCreditCarryforwardNameDomain_B40AD3FFC804BBA0AFBA08148C2436A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Credit Carryforward, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TaxCreditCarryforwardNameDomain" xlink:label="loc_us-gaap_TaxCreditCarryforwardNameDomain_B40AD3FFC804BBA0AFBA08148C2436A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TaxCreditCarryforwardNameDomain_B40AD3FFC804BBA0AFBA08148C2436A5" xlink:to="lab_us-gaap_TaxCreditCarryforwardNameDomain_B40AD3FFC804BBA0AFBA08148C2436A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLossCarryforwardMember_2F0A11BFDF4ACA98582A08148C24233F_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLossCarryforwardMember_2F0A11BFDF4ACA98582A08148C24233F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Loss Carryforward [Member]</link:label>
    <link:label id="lab_us-gaap_CapitalLossCarryforwardMember_2F0A11BFDF4ACA98582A08148C24233F_label_en-US" xlink:label="lab_us-gaap_CapitalLossCarryforwardMember_2F0A11BFDF4ACA98582A08148C24233F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Loss Carryforward [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CapitalLossCarryforwardMember" xlink:label="loc_us-gaap_CapitalLossCarryforwardMember_2F0A11BFDF4ACA98582A08148C24233F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLossCarryforwardMember_2F0A11BFDF4ACA98582A08148C24233F" xlink:to="lab_us-gaap_CapitalLossCarryforwardMember_2F0A11BFDF4ACA98582A08148C24233F" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementGeographicalAxis_55182A0E484CA282604D08148C24E1E4_terseLabel_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_55182A0E484CA282604D08148C24E1E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementGeographicalAxis_55182A0E484CA282604D08148C24E1E4_label_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_55182A0E484CA282604D08148C24E1E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="loc_us-gaap_StatementGeographicalAxis_55182A0E484CA282604D08148C24E1E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementGeographicalAxis_55182A0E484CA282604D08148C24E1E4" xlink:to="lab_us-gaap_StatementGeographicalAxis_55182A0E484CA282604D08148C24E1E4" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentGeographicalDomain_5D1C96848DB80D5424FD08148C240E84_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_5D1C96848DB80D5424FD08148C240E84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:label id="lab_us-gaap_SegmentGeographicalDomain_5D1C96848DB80D5424FD08148C240E84_label_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_5D1C96848DB80D5424FD08148C240E84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="loc_us-gaap_SegmentGeographicalDomain_5D1C96848DB80D5424FD08148C240E84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentGeographicalDomain_5D1C96848DB80D5424FD08148C240E84" xlink:to="lab_us-gaap_SegmentGeographicalDomain_5D1C96848DB80D5424FD08148C240E84" xlink:type="arc" />
    <link:label id="lab_country_US_18137C1A990F8C912E4A08148C249966_terseLabel_en-US" xlink:label="lab_country_US_18137C1A990F8C912E4A08148C249966" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. [Member]</link:label>
    <link:label id="lab_country_US_18137C1A990F8C912E4A08148C249966_label_en-US" xlink:label="lab_country_US_18137C1A990F8C912E4A08148C249966" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UNITED STATES</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="loc_country_US_18137C1A990F8C912E4A08148C249966" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US_18137C1A990F8C912E4A08148C249966" xlink:to="lab_country_US_18137C1A990F8C912E4A08148C249966" xlink:type="arc" />
    <link:label id="lab_country_VI_9B7926E328EF065DBD3608148C24F459_terseLabel_en-US" xlink:label="lab_country_VI_9B7926E328EF065DBD3608148C24F459" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">USVI [Member]</link:label>
    <link:label id="lab_country_VI_9B7926E328EF065DBD3608148C24F459_label_en-US" xlink:label="lab_country_VI_9B7926E328EF065DBD3608148C24F459" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">VIRGIN ISLANDS, US</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_VI" xlink:label="loc_country_VI_9B7926E328EF065DBD3608148C24F459" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_VI_9B7926E328EF065DBD3608148C24F459" xlink:to="lab_country_VI_9B7926E328EF065DBD3608148C24F459" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_982325FA101D127F3BC608148C242C37_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_982325FA101D127F3BC608148C242C37" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. Federal corporate income tax rate</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_982325FA101D127F3BC608148C242C37_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_982325FA101D127F3BC608148C242C37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_982325FA101D127F3BC608148C242C37" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_982325FA101D127F3BC608148C242C37" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_982325FA101D127F3BC608148C242C37" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsStateTaxes_E0B38ED9E096DD92EC0C08148C24312C_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsStateTaxes_E0B38ED9E096DD92EC0C08148C24312C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net deferred tax assets</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsStateTaxes_E0B38ED9E096DD92EC0C08148C24312C_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsStateTaxes_E0B38ED9E096DD92EC0C08148C24312C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, State Taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsStateTaxes" xlink:label="loc_us-gaap_DeferredTaxAssetsStateTaxes_E0B38ED9E096DD92EC0C08148C24312C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsStateTaxes_E0B38ED9E096DD92EC0C08148C24312C" xlink:to="lab_us-gaap_DeferredTaxAssetsStateTaxes_E0B38ED9E096DD92EC0C08148C24312C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_BD4FB80C47C85565B9B508148C25F322_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_BD4FB80C47C85565B9B508148C25F322" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total interest and penalties</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_BD4FB80C47C85565B9B508148C25F322_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_BD4FB80C47C85565B9B508148C25F322" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Examination, Penalties and Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense" xlink:label="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_BD4FB80C47C85565B9B508148C25F322" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_BD4FB80C47C85565B9B508148C25F322" xlink:to="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_BD4FB80C47C85565B9B508148C25F322" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_EEB42D7AF7191A61979408148C25162C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_EEB42D7AF7191A61979408148C25162C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accruals for interest and penalties</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_EEB42D7AF7191A61979408148C25162C_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_EEB42D7AF7191A61979408148C25162C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Examination, Penalties and Interest Accrued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued" xlink:label="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_EEB42D7AF7191A61979408148C25162C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_EEB42D7AF7191A61979408148C25162C" xlink:to="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_EEB42D7AF7191A61979408148C25162C" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_2B3D82755495C05A844508148C25D991_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_2B3D82755495C05A844508148C25D991" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability for selected tax items</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_2B3D82755495C05A844508148C25D991_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_2B3D82755495C05A844508148C25D991" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits that Would Impact Effective Tax Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_2B3D82755495C05A844508148C25D991" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_2B3D82755495C05A844508148C25D991" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_2B3D82755495C05A844508148C25D991" xlink:type="arc" />
    <link:label id="lab_ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits_2A0A02ED947FA010BEA208148C254E06_terseLabel_en-US" xlink:label="lab_ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits_2A0A02ED947FA010BEA208148C254E06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range of period where there is possible change in unrecognized tax benefits</link:label>
    <link:label id="lab_ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits_2A0A02ED947FA010BEA208148C254E06_label_en-US" xlink:label="lab_ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits_2A0A02ED947FA010BEA208148C254E06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range Of Period Where There Is Possible Change In Unrecognized Tax Benefits</link:label>
    <link:label id="lab_ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits_2A0A02ED947FA010BEA208148C254E06_documentation_en-US" xlink:label="lab_ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits_2A0A02ED947FA010BEA208148C254E06" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the period within which there is possible change in unrecognized tax benefits.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits" xlink:label="loc_ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits_2A0A02ED947FA010BEA208148C254E06" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits_2A0A02ED947FA010BEA208148C254E06" xlink:to="lab_ocn_RangeOfPeriodWhereThereIsPossibleChangeInUnrecognizedTaxBenefits_2A0A02ED947FA010BEA208148C254E06" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_9091D466C6CCA0A33CB408148C256062_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_9091D466C6CCA0A33CB408148C256062" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. NOL carryforwards</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_9091D466C6CCA0A33CB408148C256062_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_9091D466C6CCA0A33CB408148C256062" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Operating Loss Carryforwards, State and Local</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_9091D466C6CCA0A33CB408148C256062" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_9091D466C6CCA0A33CB408148C256062" xlink:to="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_9091D466C6CCA0A33CB408148C256062" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLossCarryforwards_DE47AFA437772EBDD8D108148C2547EB_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwards_DE47AFA437772EBDD8D108148C2547EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">USVI NOL carryforwards</link:label>
    <link:label id="lab_us-gaap_OperatingLossCarryforwards_DE47AFA437772EBDD8D108148C2547EB_label_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwards_DE47AFA437772EBDD8D108148C2547EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="loc_us-gaap_OperatingLossCarryforwards_DE47AFA437772EBDD8D108148C2547EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLossCarryforwards_DE47AFA437772EBDD8D108148C2547EB" xlink:to="lab_us-gaap_OperatingLossCarryforwards_DE47AFA437772EBDD8D108148C2547EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsValuationAllowance_C254BB34D0D9C821D9B608148C25FB5C_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsValuationAllowance_C254BB34D0D9C821D9B608148C25FB5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation allowance on deferred tax assets</link:label>
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsValuationAllowance_C254BB34D0D9C821D9B608148C25FB5C_label_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsValuationAllowance_C254BB34D0D9C821D9B608148C25FB5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards, Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLossCarryforwardsValuationAllowance" xlink:label="loc_us-gaap_OperatingLossCarryforwardsValuationAllowance_C254BB34D0D9C821D9B608148C25FB5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLossCarryforwardsValuationAllowance_C254BB34D0D9C821D9B608148C25FB5C" xlink:to="lab_us-gaap_OperatingLossCarryforwardsValuationAllowance_C254BB34D0D9C821D9B608148C25FB5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_TaxCreditCarryforwardDeferredTaxAsset_46F266DD24460CF1FC4808148C25FCA6_verboseLabel_en-US" xlink:label="lab_us-gaap_TaxCreditCarryforwardDeferredTaxAsset_46F266DD24460CF1FC4808148C25FCA6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Capital loss carryforwards</link:label>
    <link:label id="lab_us-gaap_TaxCreditCarryforwardDeferredTaxAsset_46F266DD24460CF1FC4808148C25FCA6_label_en-US" xlink:label="lab_us-gaap_TaxCreditCarryforwardDeferredTaxAsset_46F266DD24460CF1FC4808148C25FCA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Credit Carryforward, Deferred Tax Asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TaxCreditCarryforwardDeferredTaxAsset" xlink:label="loc_us-gaap_TaxCreditCarryforwardDeferredTaxAsset_46F266DD24460CF1FC4808148C25FCA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TaxCreditCarryforwardDeferredTaxAsset_46F266DD24460CF1FC4808148C25FCA6" xlink:to="lab_us-gaap_TaxCreditCarryforwardDeferredTaxAsset_46F266DD24460CF1FC4808148C25FCA6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilities_1A6CC2B265CAE74CB83E08148C25E663_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_1A6CC2B265CAE74CB83E08148C25E663" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_1A6CC2B265CAE74CB83E08148C25E663" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilities_1A6CC2B265CAE74CB83E08148C25E663" xlink:to="lab_us-gaap_DeferredTaxLiabilities_1A6CC2B265CAE74CB83E08148C25E663" xlink:type="arc" />
    <link:label id="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_79BF7FD33F18AA6967E908148C25F36F_terseLabel_en-US" xlink:label="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_79BF7FD33F18AA6967E908148C25F36F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Undistributed earnings of foreign subsidiaries</link:label>
    <link:label id="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_79BF7FD33F18AA6967E908148C25F36F_label_en-US" xlink:label="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_79BF7FD33F18AA6967E908148C25F36F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undistributed Earnings of Foreign Subsidiaries</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:label="loc_us-gaap_UndistributedEarningsOfForeignSubsidiaries_79BF7FD33F18AA6967E908148C25F36F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UndistributedEarningsOfForeignSubsidiaries_79BF7FD33F18AA6967E908148C25F36F" xlink:to="lab_us-gaap_UndistributedEarningsOfForeignSubsidiaries_79BF7FD33F18AA6967E908148C25F36F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashCashEquivalentsAndShortTermInvestments_0806C3724D60B6AAE0AB08148C25218E_terseLabel_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsAndShortTermInvestments_0806C3724D60B6AAE0AB08148C25218E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and short term investments</link:label>
    <link:label id="lab_us-gaap_CashCashEquivalentsAndShortTermInvestments_0806C3724D60B6AAE0AB08148C25218E_label_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsAndShortTermInvestments_0806C3724D60B6AAE0AB08148C25218E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash, Cash Equivalents, and Short-term Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CashCashEquivalentsAndShortTermInvestments" xlink:label="loc_us-gaap_CashCashEquivalentsAndShortTermInvestments_0806C3724D60B6AAE0AB08148C25218E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashCashEquivalentsAndShortTermInvestments_0806C3724D60B6AAE0AB08148C25218E" xlink:to="lab_us-gaap_CashCashEquivalentsAndShortTermInvestments_0806C3724D60B6AAE0AB08148C25218E" xlink:type="arc" />
    <link:label id="lab_ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome_9D5DEA08A11CF05DFDE008148C25E85D_terseLabel_en-US" xlink:label="lab_ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome_9D5DEA08A11CF05DFDE008148C25E85D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of income tax credit on qualified income</link:label>
    <link:label id="lab_ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome_9D5DEA08A11CF05DFDE008148C25E85D_label_en-US" xlink:label="lab_ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome_9D5DEA08A11CF05DFDE008148C25E85D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Income Tax Credit On Qualified Income</link:label>
    <link:label id="lab_ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome_9D5DEA08A11CF05DFDE008148C25E85D_documentation_en-US" xlink:label="lab_ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome_9D5DEA08A11CF05DFDE008148C25E85D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of income tax credit on qualified income.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome" xlink:label="loc_ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome_9D5DEA08A11CF05DFDE008148C25E85D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome_9D5DEA08A11CF05DFDE008148C25E85D" xlink:to="lab_ocn_PercentageOfIncomeTaxCreditOnQualifiedIncome_9D5DEA08A11CF05DFDE008148C25E85D" xlink:type="arc" />
    <link:label id="lab_ocn_EconomicDevelopmentCommissionBenefitTerm_3C94E2ED584345B2807908148C25FDAE_terseLabel_en-US" xlink:label="lab_ocn_EconomicDevelopmentCommissionBenefitTerm_3C94E2ED584345B2807908148C25FDAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EDC benefits, exemption term</link:label>
    <link:label id="lab_ocn_EconomicDevelopmentCommissionBenefitTerm_3C94E2ED584345B2807908148C25FDAE_label_en-US" xlink:label="lab_ocn_EconomicDevelopmentCommissionBenefitTerm_3C94E2ED584345B2807908148C25FDAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Economic Development Commission Benefit, Term</link:label>
    <link:label id="lab_ocn_EconomicDevelopmentCommissionBenefitTerm_3C94E2ED584345B2807908148C25FDAE_documentation_en-US" xlink:label="lab_ocn_EconomicDevelopmentCommissionBenefitTerm_3C94E2ED584345B2807908148C25FDAE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Economic Development Commission Benefit, Term</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_EconomicDevelopmentCommissionBenefitTerm" xlink:label="loc_ocn_EconomicDevelopmentCommissionBenefitTerm_3C94E2ED584345B2807908148C25FDAE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_EconomicDevelopmentCommissionBenefitTerm_3C94E2ED584345B2807908148C25FDAE" xlink:to="lab_ocn_EconomicDevelopmentCommissionBenefitTerm_3C94E2ED584345B2807908148C25FDAE" xlink:type="arc" />
    <link:label id="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpact_CA91176648DBD9C6E7AA08148C25C8AB_terseLabel_en-US" xlink:label="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpact_CA91176648DBD9C6E7AA08148C25C8AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EDC benefits, tax expense (benefit)</link:label>
    <link:label id="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpact_CA91176648DBD9C6E7AA08148C25C8AB_label_en-US" xlink:label="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpact_CA91176648DBD9C6E7AA08148C25C8AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Economic Development Commission Benefit, Tax Impact</link:label>
    <link:label id="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpact_CA91176648DBD9C6E7AA08148C25C8AB_documentation_en-US" xlink:label="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpact_CA91176648DBD9C6E7AA08148C25C8AB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Economic Development Commission Benefit, Tax Impact</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_EconomicDevelopmentCommissionBenefitTaxImpact" xlink:label="loc_ocn_EconomicDevelopmentCommissionBenefitTaxImpact_CA91176648DBD9C6E7AA08148C25C8AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_EconomicDevelopmentCommissionBenefitTaxImpact_CA91176648DBD9C6E7AA08148C25C8AB" xlink:to="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpact_CA91176648DBD9C6E7AA08148C25C8AB" xlink:type="arc" />
    <link:label id="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare_6DADA5EB3B0924E72D3508148C258E9B_terseLabel_en-US" xlink:label="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare_6DADA5EB3B0924E72D3508148C258E9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EDC benefits, effect on diluted EPS (in dollars per share)</link:label>
    <link:label id="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare_6DADA5EB3B0924E72D3508148C258E9B_label_en-US" xlink:label="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare_6DADA5EB3B0924E72D3508148C258E9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Economic Development Commission Benefit, Tax Impact On Diluted Earnings Per Share</link:label>
    <link:label id="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare_6DADA5EB3B0924E72D3508148C258E9B_documentation_en-US" xlink:label="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare_6DADA5EB3B0924E72D3508148C258E9B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Economic Development Commission Benefit, Tax Impact On Diluted Earnings Per Share</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare" xlink:label="loc_ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare_6DADA5EB3B0924E72D3508148C258E9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare_6DADA5EB3B0924E72D3508148C258E9B" xlink:to="lab_ocn_EconomicDevelopmentCommissionBenefitTaxImpactOnDilutedEarningsPerShare_6DADA5EB3B0924E72D3508148C258E9B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_2D3559B59BF9512EC4C7E4ECC65A3609_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_2D3559B59BF9512EC4C7E4ECC65A3609" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_2D3559B59BF9512EC4C7E4ECC65A3609_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_2D3559B59BF9512EC4C7E4ECC65A3609" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable" xlink:label="loc_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_2D3559B59BF9512EC4C7E4ECC65A3609" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_2D3559B59BF9512EC4C7E4ECC65A3609" xlink:to="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_2D3559B59BF9512EC4C7E4ECC65A3609" xlink:type="arc" />
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_115E8FDE1F567F6D72CCE4ECC65B10FC_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_115E8FDE1F567F6D72CCE4ECC65B10FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Antidilutive Securities [Axis]</link:label>
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_115E8FDE1F567F6D72CCE4ECC65B10FC_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_115E8FDE1F567F6D72CCE4ECC65B10FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antidilutive Securities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_115E8FDE1F567F6D72CCE4ECC65B10FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_115E8FDE1F567F6D72CCE4ECC65B10FC" xlink:to="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_115E8FDE1F567F6D72CCE4ECC65B10FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesNameDomain_ECAE9E55E7ED41A7DC1BE4ECC65BBA8B_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesNameDomain_ECAE9E55E7ED41A7DC1BE4ECC65BBA8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Antidilutive Securities, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesNameDomain_ECAE9E55E7ED41A7DC1BE4ECC65BBA8B_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesNameDomain_ECAE9E55E7ED41A7DC1BE4ECC65BBA8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antidilutive Securities, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AntidilutiveSecuritiesNameDomain" xlink:label="loc_us-gaap_AntidilutiveSecuritiesNameDomain_ECAE9E55E7ED41A7DC1BE4ECC65BBA8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AntidilutiveSecuritiesNameDomain_ECAE9E55E7ED41A7DC1BE4ECC65BBA8B" xlink:to="lab_us-gaap_AntidilutiveSecuritiesNameDomain_ECAE9E55E7ED41A7DC1BE4ECC65BBA8B" xlink:type="arc" />
    <link:label id="lab_ocn_MarketBasedMember_8546D70636CC654F3EC5E4ECC65B09B2_terseLabel_en-US" xlink:label="lab_ocn_MarketBasedMember_8546D70636CC654F3EC5E4ECC65B09B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market Based [Member]</link:label>
    <link:label id="lab_ocn_MarketBasedMember_8546D70636CC654F3EC5E4ECC65B09B2_label_en-US" xlink:label="lab_ocn_MarketBasedMember_8546D70636CC654F3EC5E4ECC65B09B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Based [Member]</link:label>
    <link:label id="lab_ocn_MarketBasedMember_8546D70636CC654F3EC5E4ECC65B09B2_documentation_en-US" xlink:label="lab_ocn_MarketBasedMember_8546D70636CC654F3EC5E4ECC65B09B2" 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-20151231.xsd#ocn_MarketBasedMember" xlink:label="loc_ocn_MarketBasedMember_8546D70636CC654F3EC5E4ECC65B09B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarketBasedMember_8546D70636CC654F3EC5E4ECC65B09B2" xlink:to="lab_ocn_MarketBasedMember_8546D70636CC654F3EC5E4ECC65B09B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_A7009ACC4577EF84252CE4ECC65B1825_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_A7009ACC4577EF84252CE4ECC65B1825" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]</link:label>
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_A7009ACC4577EF84252CE4ECC65B1825_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_A7009ACC4577EF84252CE4ECC65B1825" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_A7009ACC4577EF84252CE4ECC65B1825" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_A7009ACC4577EF84252CE4ECC65B1825" xlink:to="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_A7009ACC4577EF84252CE4ECC65B1825" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAbstract_AECCEE823E37F360DA5DE4ECC65BF711_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAbstract_AECCEE823E37F360DA5DE4ECC65BF711" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share:</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicAbstract_AECCEE823E37F360DA5DE4ECC65BF711_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAbstract_AECCEE823E37F360DA5DE4ECC65BF711" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAbstract_AECCEE823E37F360DA5DE4ECC65BF711" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_AECCEE823E37F360DA5DE4ECC65BF711" xlink:to="lab_us-gaap_EarningsPerShareBasicAbstract_AECCEE823E37F360DA5DE4ECC65BF711" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_CD1C83EDC17DD9D81CE5E4ECC65BD9F2_verboseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_CD1C83EDC17DD9D81CE5E4ECC65BD9F2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) attributable to Ocwen common stockholders</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_CD1C83EDC17DD9D81CE5E4ECC65BD9F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_CD1C83EDC17DD9D81CE5E4ECC65BD9F2" xlink:to="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_CD1C83EDC17DD9D81CE5E4ECC65BD9F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_F98D7F29970E9CCDD2CFE4ECC65B760A_verboseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_F98D7F29970E9CCDD2CFE4ECC65B760A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted average shares of common stock (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_F98D7F29970E9CCDD2CFE4ECC65B760A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_F98D7F29970E9CCDD2CFE4ECC65B760A" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_F98D7F29970E9CCDD2CFE4ECC65B760A" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_4C2FB1256515D6CA12A2E4ECC65BD4B6_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_4C2FB1256515D6CA12A2E4ECC65BD4B6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_4C2FB1256515D6CA12A2E4ECC65BD4B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_4C2FB1256515D6CA12A2E4ECC65BD4B6" xlink:to="lab_us-gaap_EarningsPerShareBasic_4C2FB1256515D6CA12A2E4ECC65BD4B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDilutedAbstract_D2E475CA59B9365946E6E4ECC65B4008_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDilutedAbstract_D2E475CA59B9365946E6E4ECC65B4008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings (loss) per share:</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDilutedAbstract_D2E475CA59B9365946E6E4ECC65B4008_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDilutedAbstract_D2E475CA59B9365946E6E4ECC65B4008" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="loc_us-gaap_EarningsPerShareDilutedAbstract_D2E475CA59B9365946E6E4ECC65B4008" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDilutedAbstract_D2E475CA59B9365946E6E4ECC65B4008" xlink:to="lab_us-gaap_EarningsPerShareDilutedAbstract_D2E475CA59B9365946E6E4ECC65B4008" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockDividendsAndOtherAdjustments_38E9E76E5E8391FD9FF9E4ECC65B4D26_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsAndOtherAdjustments_38E9E76E5E8391FD9FF9E4ECC65B4D26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock dividends</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendsAndOtherAdjustments_38E9E76E5E8391FD9FF9E4ECC65B4D26_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsAndOtherAdjustments_38E9E76E5E8391FD9FF9E4ECC65B4D26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock Dividends and Other Adjustments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PreferredStockDividendsAndOtherAdjustments" xlink:label="loc_us-gaap_PreferredStockDividendsAndOtherAdjustments_38E9E76E5E8391FD9FF9E4ECC65B4D26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendsAndOtherAdjustments_38E9E76E5E8391FD9FF9E4ECC65B4D26" xlink:to="lab_us-gaap_PreferredStockDividendsAndOtherAdjustments_38E9E76E5E8391FD9FF9E4ECC65B4D26" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToParentDiluted_E00CE11E765E62E2376CE4ECC65BF4B6_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToParentDiluted_E00CE11E765E62E2376CE4ECC65BF4B6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Adjusted net income (loss) attributable to Ocwen</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToParentDiluted_E00CE11E765E62E2376CE4ECC65BF4B6_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToParentDiluted_E00CE11E765E62E2376CE4ECC65BF4B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetIncomeLossAttributableToParentDiluted" xlink:label="loc_us-gaap_NetIncomeLossAttributableToParentDiluted_E00CE11E765E62E2376CE4ECC65BF4B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToParentDiluted_E00CE11E765E62E2376CE4ECC65BF4B6" xlink:to="lab_us-gaap_NetIncomeLossAttributableToParentDiluted_E00CE11E765E62E2376CE4ECC65BF4B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_F11E2CB4E00307E0A85DE4ECC65B61CC_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_F11E2CB4E00307E0A85DE4ECC65B61CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of dilutive elements:</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_F11E2CB4E00307E0A85DE4ECC65B61CC_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_F11E2CB4E00307E0A85DE4ECC65B61CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding Reconciliation [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_F11E2CB4E00307E0A85DE4ECC65B61CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_F11E2CB4E00307E0A85DE4ECC65B61CC" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_F11E2CB4E00307E0A85DE4ECC65B61CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_D64178619EDE4EDF66DAE4ECC65B8558_terseLabel_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_D64178619EDE4EDF66DAE4ECC65B8558" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred Shares</link:label>
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_D64178619EDE4EDF66DAE4ECC65B8558_label_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_D64178619EDE4EDF66DAE4ECC65B8558" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_D64178619EDE4EDF66DAE4ECC65B8558" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_D64178619EDE4EDF66DAE4ECC65B8558" xlink:to="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_D64178619EDE4EDF66DAE4ECC65B8558" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_7A241675A7082751CD17E4ECC65B8B11_terseLabel_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_7A241675A7082751CD17E4ECC65B8B11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock options</link:label>
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_7A241675A7082751CD17E4ECC65B8B11_label_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_7A241675A7082751CD17E4ECC65B8B11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_7A241675A7082751CD17E4ECC65B8B11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_7A241675A7082751CD17E4ECC65B8B11" xlink:to="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_7A241675A7082751CD17E4ECC65B8B11" xlink:type="arc" />
    <link:label id="lab_ocn_IncrementalCommonSharesAttributableToCommonStockAwards_E840994A334CF0955DB0E4ECC65CEA5B_terseLabel_en-US" xlink:label="lab_ocn_IncrementalCommonSharesAttributableToCommonStockAwards_E840994A334CF0955DB0E4ECC65CEA5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock awards</link:label>
    <link:label id="lab_ocn_IncrementalCommonSharesAttributableToCommonStockAwards_E840994A334CF0955DB0E4ECC65CEA5B_label_en-US" xlink:label="lab_ocn_IncrementalCommonSharesAttributableToCommonStockAwards_E840994A334CF0955DB0E4ECC65CEA5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable To Common Stock Awards</link:label>
    <link:label id="lab_ocn_IncrementalCommonSharesAttributableToCommonStockAwards_E840994A334CF0955DB0E4ECC65CEA5B_documentation_en-US" xlink:label="lab_ocn_IncrementalCommonSharesAttributableToCommonStockAwards_E840994A334CF0955DB0E4ECC65CEA5B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of common stock awards.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IncrementalCommonSharesAttributableToCommonStockAwards" xlink:label="loc_ocn_IncrementalCommonSharesAttributableToCommonStockAwards_E840994A334CF0955DB0E4ECC65CEA5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IncrementalCommonSharesAttributableToCommonStockAwards_E840994A334CF0955DB0E4ECC65CEA5B" xlink:to="lab_ocn_IncrementalCommonSharesAttributableToCommonStockAwards_E840994A334CF0955DB0E4ECC65CEA5B" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_100C883F8F245BA4FD51E4ECC65C8B5E_totalLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_100C883F8F245BA4FD51E4ECC65C8B5E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Dilutive weighted average shares of common stock (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_100C883F8F245BA4FD51E4ECC65C8B5E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_100C883F8F245BA4FD51E4ECC65C8B5E" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_100C883F8F245BA4FD51E4ECC65C8B5E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_D3F559A7D0DE4808C25EE4ECC65C0AAF_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_D3F559A7D0DE4808C25EE4ECC65C0AAF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings (loss) per share (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_D3F559A7D0DE4808C25EE4ECC65C0AAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_D3F559A7D0DE4808C25EE4ECC65C0AAF" xlink:to="lab_us-gaap_EarningsPerShareDiluted_D3F559A7D0DE4808C25EE4ECC65C0AAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DilutiveSecuritiesAbstract_604EF870250C35358B4EE4ECC65C6920_terseLabel_en-US" xlink:label="lab_us-gaap_DilutiveSecuritiesAbstract_604EF870250C35358B4EE4ECC65C6920" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock options and common stock awards excluded from the computation of diluted earnings per share:</link:label>
    <link:label id="lab_us-gaap_DilutiveSecuritiesAbstract_604EF870250C35358B4EE4ECC65C6920_label_en-US" xlink:label="lab_us-gaap_DilutiveSecuritiesAbstract_604EF870250C35358B4EE4ECC65C6920" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DilutiveSecuritiesAbstract" xlink:label="loc_us-gaap_DilutiveSecuritiesAbstract_604EF870250C35358B4EE4ECC65C6920" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DilutiveSecuritiesAbstract_604EF870250C35358B4EE4ECC65C6920" xlink:to="lab_us-gaap_DilutiveSecuritiesAbstract_604EF870250C35358B4EE4ECC65C6920" xlink:type="arc" />
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_9F4B118B482E05FC9895E4ECC65CE8F2_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_9F4B118B482E05FC9895E4ECC65CE8F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Anti-dilutive Securities (in shares)</link:label>
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_9F4B118B482E05FC9895E4ECC65CE8F2_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_9F4B118B482E05FC9895E4ECC65CE8F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_9F4B118B482E05FC9895E4ECC65CE8F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_9F4B118B482E05FC9895E4ECC65CE8F2" xlink:to="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_9F4B118B482E05FC9895E4ECC65CE8F2" xlink:type="arc" />
    <link:label id="lab_ocn_GinnieMaeEarlyBuyOutMember_8ACA2DC5FA4F160D621E0947B1C73DBC_terseLabel_en-US" xlink:label="lab_ocn_GinnieMaeEarlyBuyOutMember_8ACA2DC5FA4F160D621E0947B1C73DBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ginnie Mae Early Buy Out [Member]</link:label>
    <link:label id="lab_ocn_GinnieMaeEarlyBuyOutMember_8ACA2DC5FA4F160D621E0947B1C73DBC_label_en-US" xlink:label="lab_ocn_GinnieMaeEarlyBuyOutMember_8ACA2DC5FA4F160D621E0947B1C73DBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ginnie Mae Early Buy Out [Member]</link:label>
    <link:label id="lab_ocn_GinnieMaeEarlyBuyOutMember_8ACA2DC5FA4F160D621E0947B1C73DBC_documentation_en-US" xlink:label="lab_ocn_GinnieMaeEarlyBuyOutMember_8ACA2DC5FA4F160D621E0947B1C73DBC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ginnie Mae Early Buy Out.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_GinnieMaeEarlyBuyOutMember" xlink:label="loc_ocn_GinnieMaeEarlyBuyOutMember_8ACA2DC5FA4F160D621E0947B1C73DBC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GinnieMaeEarlyBuyOutMember_8ACA2DC5FA4F160D621E0947B1C73DBC" xlink:to="lab_ocn_GinnieMaeEarlyBuyOutMember_8ACA2DC5FA4F160D621E0947B1C73DBC" xlink:type="arc" />
    <link:label id="lab_ocn_Advances_F33CABDEE6B28B9784820947B1C7BDC3_terseLabel_en-US" xlink:label="lab_ocn_Advances_F33CABDEE6B28B9784820947B1C7BDC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances, net</link:label>
    <link:label id="lab_ocn_Advances_F33CABDEE6B28B9784820947B1C7BDC3_label_en-US" xlink:label="lab_ocn_Advances_F33CABDEE6B28B9784820947B1C7BDC3" 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_F33CABDEE6B28B9784820947B1C7BDC3_documentation_en-US" xlink:label="lab_ocn_Advances_F33CABDEE6B28B9784820947B1C7BDC3" 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-20151231.xsd#ocn_Advances" xlink:label="loc_ocn_Advances_F33CABDEE6B28B9784820947B1C7BDC3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Advances_F33CABDEE6B28B9784820947B1C7BDC3" xlink:to="lab_ocn_Advances_F33CABDEE6B28B9784820947B1C7BDC3" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementScenarioAxis_5FDE9B6A8BB933BD10F6D47828CA8B94_terseLabel_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_5FDE9B6A8BB933BD10F6D47828CA8B94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementScenarioAxis_5FDE9B6A8BB933BD10F6D47828CA8B94_label_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_5FDE9B6A8BB933BD10F6D47828CA8B94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="loc_us-gaap_StatementScenarioAxis_5FDE9B6A8BB933BD10F6D47828CA8B94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementScenarioAxis_5FDE9B6A8BB933BD10F6D47828CA8B94" xlink:to="lab_us-gaap_StatementScenarioAxis_5FDE9B6A8BB933BD10F6D47828CA8B94" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_A2BEB504667D9A948FCAD47828CA6774_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_A2BEB504667D9A948FCAD47828CA6774" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario, Unspecified [Domain]</link:label>
    <link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_A2BEB504667D9A948FCAD47828CA6774_label_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_A2BEB504667D9A948FCAD47828CA6774" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario, Unspecified [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="loc_us-gaap_ScenarioUnspecifiedDomain_A2BEB504667D9A948FCAD47828CA6774" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScenarioUnspecifiedDomain_A2BEB504667D9A948FCAD47828CA6774" xlink:to="lab_us-gaap_ScenarioUnspecifiedDomain_A2BEB504667D9A948FCAD47828CA6774" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax_969FE79EFAE993156FBCD47828CAD375_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax_969FE79EFAE993156FBCD47828CAD375" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred unrealized losses</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax_969FE79EFAE993156FBCD47828CAD375_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax_969FE79EFAE993156FBCD47828CAD375" 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, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax_969FE79EFAE993156FBCD47828CAD375" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax_969FE79EFAE993156FBCD47828CAD375" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax_969FE79EFAE993156FBCD47828CAD375" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTax_116B2712858D19A6BCF0D47828CA6DA3_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTax_116B2712858D19A6BCF0D47828CA6DA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred unrealized losses, tax</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTax_116B2712858D19A6BCF0D47828CA6DA3_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTax_116B2712858D19A6BCF0D47828CA6DA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossTax_116B2712858D19A6BCF0D47828CA6DA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossTax_116B2712858D19A6BCF0D47828CA6DA3" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossTax_116B2712858D19A6BCF0D47828CA6DA3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred_62A7170EA555F48F270FD491631C6272_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred_62A7170EA555F48F270FD491631C6272" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of accumulated losses on cash flow hedges from AOCL to other income (expense), net, projection</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred_62A7170EA555F48F270FD491631C6272_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred_62A7170EA555F48F270FD491631C6272" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred_62A7170EA555F48F270FD491631C6272" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred_62A7170EA555F48F270FD491631C6272" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred_62A7170EA555F48F270FD491631C6272" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockDistributionMember_BF54998D0FE232AF1876E62C222DC632_terseLabel_en-US" xlink:label="lab_us-gaap_StockDistributionMember_BF54998D0FE232AF1876E62C222DC632" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock Awards [Member]</link:label>
    <link:label id="lab_us-gaap_StockDistributionMember_BF54998D0FE232AF1876E62C222DC632_label_en-US" xlink:label="lab_us-gaap_StockDistributionMember_BF54998D0FE232AF1876E62C222DC632" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Distribution [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockDistributionMember" xlink:label="loc_us-gaap_StockDistributionMember_BF54998D0FE232AF1876E62C222DC632" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockDistributionMember_BF54998D0FE232AF1876E62C222DC632" xlink:to="lab_us-gaap_StockDistributionMember_BF54998D0FE232AF1876E62C222DC632" xlink:type="arc" />
    <link:label id="lab_ocn_EquityBasedCompensationExpenseAbstract_E5FCADB55B35DF4AFE25E62C222EDDE2_terseLabel_en-US" xlink:label="lab_ocn_EquityBasedCompensationExpenseAbstract_E5FCADB55B35DF4AFE25E62C222EDDE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity-based compensation expense:</link:label>
    <link:label id="lab_ocn_EquityBasedCompensationExpenseAbstract_E5FCADB55B35DF4AFE25E62C222EDDE2_label_en-US" xlink:label="lab_ocn_EquityBasedCompensationExpenseAbstract_E5FCADB55B35DF4AFE25E62C222EDDE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity-based compensation expense: [Abstract]</link:label>
    <link:label id="lab_ocn_EquityBasedCompensationExpenseAbstract_E5FCADB55B35DF4AFE25E62C222EDDE2_documentation_en-US" xlink:label="lab_ocn_EquityBasedCompensationExpenseAbstract_E5FCADB55B35DF4AFE25E62C222EDDE2" 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-20151231.xsd#ocn_EquityBasedCompensationExpenseAbstract" xlink:label="loc_ocn_EquityBasedCompensationExpenseAbstract_E5FCADB55B35DF4AFE25E62C222EDDE2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_EquityBasedCompensationExpenseAbstract_E5FCADB55B35DF4AFE25E62C222EDDE2" xlink:to="lab_ocn_EquityBasedCompensationExpenseAbstract_E5FCADB55B35DF4AFE25E62C222EDDE2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_AAD8C2A594BAA42D527CE62C222EA920_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_AAD8C2A594BAA42D527CE62C222EA920" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Awards</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensation_AAD8C2A594BAA42D527CE62C222EA920_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_AAD8C2A594BAA42D527CE62C222EA920" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_AAD8C2A594BAA42D527CE62C222EA920" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensation_AAD8C2A594BAA42D527CE62C222EA920" xlink:to="lab_us-gaap_ShareBasedCompensation_AAD8C2A594BAA42D527CE62C222EA920" xlink:type="arc" />
    <link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E176281D120020D8BE46E62C222E83ED_terseLabel_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E176281D120020D8BE46E62C222E83ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Excess tax benefit related to share-based awards</link:label>
    <link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E176281D120020D8BE46E62C222E83ED_label_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E176281D120020D8BE46E62C222E83ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Excess Tax Benefit from Share-based Compensation, Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E176281D120020D8BE46E62C222E83ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E176281D120020D8BE46E62C222E83ED" xlink:to="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E176281D120020D8BE46E62C222E83ED" xlink:type="arc" />
    <link:label id="lab_ocn_UnrelatedPartyMember_6182B989E35BDEF83EFDD563E89AEF35_terseLabel_en-US" xlink:label="lab_ocn_UnrelatedPartyMember_6182B989E35BDEF83EFDD563E89AEF35" 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_6182B989E35BDEF83EFDD563E89AEF35_label_en-US" xlink:label="lab_ocn_UnrelatedPartyMember_6182B989E35BDEF83EFDD563E89AEF35" 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_6182B989E35BDEF83EFDD563E89AEF35_documentation_en-US" xlink:label="lab_ocn_UnrelatedPartyMember_6182B989E35BDEF83EFDD563E89AEF35" 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-20151231.xsd#ocn_UnrelatedPartyMember" xlink:label="loc_ocn_UnrelatedPartyMember_6182B989E35BDEF83EFDD563E89AEF35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnrelatedPartyMember_6182B989E35BDEF83EFDD563E89AEF35" xlink:to="lab_ocn_UnrelatedPartyMember_6182B989E35BDEF83EFDD563E89AEF35" xlink:type="arc" />
    <link:label id="lab_ocn_SubserviceMortgageServicingRightsMember_06753A5A531F65F12E9ED563E89B644B_terseLabel_en-US" xlink:label="lab_ocn_SubserviceMortgageServicingRightsMember_06753A5A531F65F12E9ED563E89B644B" 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_06753A5A531F65F12E9ED563E89B644B_label_en-US" xlink:label="lab_ocn_SubserviceMortgageServicingRightsMember_06753A5A531F65F12E9ED563E89B644B" 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_06753A5A531F65F12E9ED563E89B644B_documentation_en-US" xlink:label="lab_ocn_SubserviceMortgageServicingRightsMember_06753A5A531F65F12E9ED563E89B644B" 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-20151231.xsd#ocn_SubserviceMortgageServicingRightsMember" xlink:label="loc_ocn_SubserviceMortgageServicingRightsMember_06753A5A531F65F12E9ED563E89B644B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SubserviceMortgageServicingRightsMember_06753A5A531F65F12E9ED563E89B644B" xlink:to="lab_ocn_SubserviceMortgageServicingRightsMember_06753A5A531F65F12E9ED563E89B644B" xlink:type="arc" />
    <link:label id="lab_ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember_B1A13CA2FA093E90D695D563E89BBBA1_terseLabel_en-US" xlink:label="lab_ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember_B1A13CA2FA093E90D695D563E89BBBA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conventional Government Insured And Non Agency Residential Forward Mortgage Loans [Member]</link:label>
    <link:label id="lab_ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember_B1A13CA2FA093E90D695D563E89BBBA1_label_en-US" xlink:label="lab_ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember_B1A13CA2FA093E90D695D563E89BBBA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conventional Government Insured And Non Agency Residential Forward Mortgage Loans [Member]</link:label>
    <link:label id="lab_ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember_B1A13CA2FA093E90D695D563E89BBBA1_documentation_en-US" xlink:label="lab_ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember_B1A13CA2FA093E90D695D563E89BBBA1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conventional, government-insured and non-Agency residential forward mortgage loans.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember" xlink:label="loc_ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember_B1A13CA2FA093E90D695D563E89BBBA1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember_B1A13CA2FA093E90D695D563E89BBBA1" xlink:to="lab_ocn_ConventionalGovernmentInsuredAndNonAgencyResidentialForwardMortgageLoansMember_B1A13CA2FA093E90D695D563E89BBBA1" xlink:type="arc" />
    <link:label id="lab_ocn_MasterServicingAgreementsMember_A32ED9E8D758CFCC3EC8D56F6DA6FD6E_terseLabel_en-US" xlink:label="lab_ocn_MasterServicingAgreementsMember_A32ED9E8D758CFCC3EC8D56F6DA6FD6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Master Servicing Agreements [Member]</link:label>
    <link:label id="lab_ocn_MasterServicingAgreementsMember_A32ED9E8D758CFCC3EC8D56F6DA6FD6E_label_en-US" xlink:label="lab_ocn_MasterServicingAgreementsMember_A32ED9E8D758CFCC3EC8D56F6DA6FD6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Master Servicing Agreements [Member]</link:label>
    <link:label id="lab_ocn_MasterServicingAgreementsMember_A32ED9E8D758CFCC3EC8D56F6DA6FD6E_documentation_en-US" xlink:label="lab_ocn_MasterServicingAgreementsMember_A32ED9E8D758CFCC3EC8D56F6DA6FD6E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Master servicing agreements.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MasterServicingAgreementsMember" xlink:label="loc_ocn_MasterServicingAgreementsMember_A32ED9E8D758CFCC3EC8D56F6DA6FD6E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MasterServicingAgreementsMember_A32ED9E8D758CFCC3EC8D56F6DA6FD6E" xlink:to="lab_ocn_MasterServicingAgreementsMember_A32ED9E8D758CFCC3EC8D56F6DA6FD6E" xlink:type="arc" />
    <link:label id="lab_ocn_CorrespondentOneMember_533FDF9B2B0F007B1199D563E89C9E20_terseLabel_en-US" xlink:label="lab_ocn_CorrespondentOneMember_533FDF9B2B0F007B1199D563E89C9E20" 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_533FDF9B2B0F007B1199D563E89C9E20_label_en-US" xlink:label="lab_ocn_CorrespondentOneMember_533FDF9B2B0F007B1199D563E89C9E20" 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_533FDF9B2B0F007B1199D563E89C9E20_documentation_en-US" xlink:label="lab_ocn_CorrespondentOneMember_533FDF9B2B0F007B1199D563E89C9E20" 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-20151231.xsd#ocn_CorrespondentOneMember" xlink:label="loc_ocn_CorrespondentOneMember_533FDF9B2B0F007B1199D563E89C9E20" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CorrespondentOneMember_533FDF9B2B0F007B1199D563E89C9E20" xlink:to="lab_ocn_CorrespondentOneMember_533FDF9B2B0F007B1199D563E89C9E20" xlink:type="arc" />
    <link:label id="lab_ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange_9DD80156043F8315F93CD563E89CF816_terseLabel_en-US" xlink:label="lab_ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange_9DD80156043F8315F93CD563E89CF816" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period from acquisition date that initial allocation of purchase price is subject to change</link:label>
    <link:label id="lab_ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange_9DD80156043F8315F93CD563E89CF816_label_en-US" xlink:label="lab_ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange_9DD80156043F8315F93CD563E89CF816" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Period From Acquisition Date That Initial Allocation Of Purchase Price Is Subject To Change</link:label>
    <link:label id="lab_ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange_9DD80156043F8315F93CD563E89CF816_documentation_en-US" xlink:label="lab_ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange_9DD80156043F8315F93CD563E89CF816" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the period from the acquisition date, that the initial allocation of purchase price which is considered preliminary is subject to change.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange" xlink:label="loc_ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange_9DD80156043F8315F93CD563E89CF816" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange_9DD80156043F8315F93CD563E89CF816" xlink:to="lab_ocn_PeriodFromAcquisitionDateThatInitialAllocationOfPurchasePriceIsSubjectToChange_9DD80156043F8315F93CD563E89CF816" xlink:type="arc" />
    <link:label id="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_656D5FCE4DC90E34AED6D563E89C3C7C_terseLabel_en-US" xlink:label="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_656D5FCE4DC90E34AED6D563E89C3C7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets acquired in connection with purchase of trade or business, amortization period</link:label>
    <link:label id="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_656D5FCE4DC90E34AED6D563E89C3C7C_label_en-US" xlink:label="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_656D5FCE4DC90E34AED6D563E89C3C7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquired Finite-lived Intangible Assets, Weighted Average Useful Life</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife" xlink:label="loc_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_656D5FCE4DC90E34AED6D563E89C3C7C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_656D5FCE4DC90E34AED6D563E89C3C7C" xlink:to="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_656D5FCE4DC90E34AED6D563E89C3C7C" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionEffectiveDateOfAcquisition1_5004BAC893928640071AD563E89C65B7_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionEffectiveDateOfAcquisition1_5004BAC893928640071AD563E89C65B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business acquisition date</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionEffectiveDateOfAcquisition1_5004BAC893928640071AD563E89C65B7_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionEffectiveDateOfAcquisition1_5004BAC893928640071AD563E89C65B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Effective Date of Acquisition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessAcquisitionEffectiveDateOfAcquisition1" xlink:label="loc_us-gaap_BusinessAcquisitionEffectiveDateOfAcquisition1_5004BAC893928640071AD563E89C65B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionEffectiveDateOfAcquisition1_5004BAC893928640071AD563E89C65B7" xlink:to="lab_us-gaap_BusinessAcquisitionEffectiveDateOfAcquisition1_5004BAC893928640071AD563E89C65B7" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_582654E146D3DC89ABEFD563E89CABD8_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_582654E146D3DC89ABEFD563E89CABD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid principal balance of assets acquired</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_582654E146D3DC89ABEFD563E89CABD8_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_582654E146D3DC89ABEFD563E89CABD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Carrying Amount of Mortgages</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_582654E146D3DC89ABEFD563E89CABD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_582654E146D3DC89ABEFD563E89CABD8" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_582654E146D3DC89ABEFD563E89CABD8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSecuredLinesOfCredit_D75FDC2745266FB52459D563E89CBEFC_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuredLinesOfCredit_D75FDC2745266FB52459D563E89CBEFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital deployed to finance acquisition</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSecuredLinesOfCredit_D75FDC2745266FB52459D563E89CBEFC_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuredLinesOfCredit_D75FDC2745266FB52459D563E89CBEFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Secured Lines of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSecuredLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromSecuredLinesOfCredit_D75FDC2745266FB52459D563E89CBEFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSecuredLinesOfCredit_D75FDC2745266FB52459D563E89CBEFC" xlink:to="lab_us-gaap_ProceedsFromSecuredLinesOfCredit_D75FDC2745266FB52459D563E89CBEFC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfDebt_1A079B6079D981784B06D563E89CB1DE_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfDebt_1A079B6079D981784B06D563E89CB1DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional borrowing</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfDebt_1A079B6079D981784B06D563E89CB1DE_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfDebt_1A079B6079D981784B06D563E89CB1DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfDebt_1A079B6079D981784B06D563E89CB1DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfDebt_1A079B6079D981784B06D563E89CB1DE" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfDebt_1A079B6079D981784B06D563E89CB1DE" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfNewServicingAdvanceFacilities_E934550CEBE7AE2C74B4D563E89C51F6_terseLabel_en-US" xlink:label="lab_ocn_NumberOfNewServicingAdvanceFacilities_E934550CEBE7AE2C74B4D563E89C51F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New servicing advance facilities</link:label>
    <link:label id="lab_ocn_NumberOfNewServicingAdvanceFacilities_E934550CEBE7AE2C74B4D563E89C51F6_label_en-US" xlink:label="lab_ocn_NumberOfNewServicingAdvanceFacilities_E934550CEBE7AE2C74B4D563E89C51F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of New Servicing Advance Facilities</link:label>
    <link:label id="lab_ocn_NumberOfNewServicingAdvanceFacilities_E934550CEBE7AE2C74B4D563E89C51F6_documentation_en-US" xlink:label="lab_ocn_NumberOfNewServicingAdvanceFacilities_E934550CEBE7AE2C74B4D563E89C51F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of new servicing advance facilities.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfNewServicingAdvanceFacilities" xlink:label="loc_ocn_NumberOfNewServicingAdvanceFacilities_E934550CEBE7AE2C74B4D563E89C51F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfNewServicingAdvanceFacilities_E934550CEBE7AE2C74B4D563E89C51F6" xlink:to="lab_ocn_NumberOfNewServicingAdvanceFacilities_E934550CEBE7AE2C74B4D563E89C51F6" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfExistingServicingAdvanceFacilities_FC8D8A1EDCCA53FA027ED563E89CE657_terseLabel_en-US" xlink:label="lab_ocn_NumberOfExistingServicingAdvanceFacilities_FC8D8A1EDCCA53FA027ED563E89CE657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of existing servicing advance facilities</link:label>
    <link:label id="lab_ocn_NumberOfExistingServicingAdvanceFacilities_FC8D8A1EDCCA53FA027ED563E89CE657_label_en-US" xlink:label="lab_ocn_NumberOfExistingServicingAdvanceFacilities_FC8D8A1EDCCA53FA027ED563E89CE657" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Existing Servicing Advance Facilities</link:label>
    <link:label id="lab_ocn_NumberOfExistingServicingAdvanceFacilities_FC8D8A1EDCCA53FA027ED563E89CE657_documentation_en-US" xlink:label="lab_ocn_NumberOfExistingServicingAdvanceFacilities_FC8D8A1EDCCA53FA027ED563E89CE657" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of existing servicing advance facilities.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfExistingServicingAdvanceFacilities" xlink:label="loc_ocn_NumberOfExistingServicingAdvanceFacilities_FC8D8A1EDCCA53FA027ED563E89CE657" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfExistingServicingAdvanceFacilities_FC8D8A1EDCCA53FA027ED563E89CE657" xlink:to="lab_ocn_NumberOfExistingServicingAdvanceFacilities_FC8D8A1EDCCA53FA027ED563E89CE657" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_C8A7A1B1C440A7108970D563E89DD4CE_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_C8A7A1B1C440A7108970D563E89DD4CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of businesses</link:label>
    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_C8A7A1B1C440A7108970D563E89DD4CE_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_C8A7A1B1C440A7108970D563E89DD4CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Divestiture of Businesses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinesses_C8A7A1B1C440A7108970D563E89DD4CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfBusinesses_C8A7A1B1C440A7108970D563E89DD4CE" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_C8A7A1B1C440A7108970D563E89DD4CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_C0F74609BC98D2A36945D563E89D059B_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_C0F74609BC98D2A36945D563E89D059B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derecognition of goodwill in connection with the sale of a business</link:label>
    <link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_C0F74609BC98D2A36945D563E89D059B_label_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_C0F74609BC98D2A36945D563E89D059B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Written off Related to Sale of Business Unit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit" xlink:label="loc_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_C0F74609BC98D2A36945D563E89D059B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_C0F74609BC98D2A36945D563E89D059B" xlink:to="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_C0F74609BC98D2A36945D563E89D059B" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_AA91F775A5E965958389D563E89DE587_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_AA91F775A5E965958389D563E89DE587" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fees for professional services related to acquisition</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_AA91F775A5E965958389D563E89DE587_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_AA91F775A5E965958389D563E89DE587" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Acquisition Related Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_AA91F775A5E965958389D563E89DE587" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_AA91F775A5E965958389D563E89DE587" xlink:to="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_AA91F775A5E965958389D563E89DE587" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_9DED566B4294C6D895BFD563E89D13A3_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_9DED566B4294C6D895BFD563E89D13A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of ownership interests</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_9DED566B4294C6D895BFD563E89D13A3_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_9DED566B4294C6D895BFD563E89D13A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Percentage of Voting Interests Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired" xlink:label="loc_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_9DED566B4294C6D895BFD563E89D13A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_9DED566B4294C6D895BFD563E89D13A3" xlink:to="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_9DED566B4294C6D895BFD563E89D13A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_9E3548F92C6365838B53D563E89D4BEB_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_9E3548F92C6365838B53D563E89D4BEB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consideration to acquire equity interest</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_9E3548F92C6365838B53D563E89D4BEB_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_9E3548F92C6365838B53D563E89D4BEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses and Interest in Affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_9E3548F92C6365838B53D563E89D4BEB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_9E3548F92C6365838B53D563E89D4BEB" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_9E3548F92C6365838B53D563E89D4BEB" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_F1E158481BD6A0DB7D68D563E89D0E84_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_F1E158481BD6A0DB7D68D563E89D0E84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired net assets</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_F1E158481BD6A0DB7D68D563E89D0E84_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_F1E158481BD6A0DB7D68D563E89D0E84" 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, Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_F1E158481BD6A0DB7D68D563E89D0E84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_F1E158481BD6A0DB7D68D563E89D0E84" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_F1E158481BD6A0DB7D68D563E89D0E84" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_F083C2BB670605A42571D563E89D11D9_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_F083C2BB670605A42571D563E89D11D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Residential mortgage loans</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_F083C2BB670605A42571D563E89D11D9_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_F083C2BB670605A42571D563E89D11D9" 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, Financial Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_F083C2BB670605A42571D563E89D11D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_F083C2BB670605A42571D563E89D11D9" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_F083C2BB670605A42571D563E89D11D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_E978A813E8DC6542EA63D563E89E996F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_E978A813E8DC6542EA63D563E89E996F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Recognized loss</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_E978A813E8DC6542EA63D563E89E996F_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_E978A813E8DC6542EA63D563E89E996F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_E978A813E8DC6542EA63D563E89E996F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_E978A813E8DC6542EA63D563E89E996F" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_E978A813E8DC6542EA63D563E89E996F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_F466DF3DFB71BBA6E0B7D563E89D9321_verboseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_F466DF3DFB71BBA6E0B7D563E89D9321" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Purchase price settled in cash</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_F466DF3DFB71BBA6E0B7D563E89D9321_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_F466DF3DFB71BBA6E0B7D563E89D9321" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_F466DF3DFB71BBA6E0B7D563E89D9321" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesGross_F466DF3DFB71BBA6E0B7D563E89D9321" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesGross_F466DF3DFB71BBA6E0B7D563E89D9321" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt_D9A9E64B4FD1E21C42DBD563E89ED661_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt_D9A9E64B4FD1E21C42DBD563E89ED661" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repayment of existing outstanding debt</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt_D9A9E64B4FD1E21C42DBD563E89ED661_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt_D9A9E64B4FD1E21C42DBD563E89ED661" 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, Current Liabilities, Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt_D9A9E64B4FD1E21C42DBD563E89ED661" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt_D9A9E64B4FD1E21C42DBD563E89ED661" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt_D9A9E64B4FD1E21C42DBD563E89ED661" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_59A633A6404ED34FD9D2D563E89EC939_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_59A633A6404ED34FD9D2D563E89EC939" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired receivables</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_59A633A6404ED34FD9D2D563E89EC939_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_59A633A6404ED34FD9D2D563E89EC939" 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, Current Assets, Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_59A633A6404ED34FD9D2D563E89EC939" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_59A633A6404ED34FD9D2D563E89EC939" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_59A633A6404ED34FD9D2D563E89EC939" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment_5C1BA37D51D523EAF4B7D563E89E079F_terseLabel_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment_5C1BA37D51D523EAF4B7D563E89E079F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans held for investment</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment_5C1BA37D51D523EAF4B7D563E89E079F_label_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment_5C1BA37D51D523EAF4B7D563E89E079F" 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, Current Assets, Loans Held For Investment</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment_5C1BA37D51D523EAF4B7D563E89E079F_documentation_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment_5C1BA37D51D523EAF4B7D563E89E079F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business combination recognized identifiable assets acquired and liabilities assumed, current assets, loans held for investment.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment" xlink:label="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment_5C1BA37D51D523EAF4B7D563E89E079F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment_5C1BA37D51D523EAF4B7D563E89E079F" xlink:to="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsLoansHeldForInvestment_5C1BA37D51D523EAF4B7D563E89E079F" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_BC341A1DD10F59C3B011D563E89E1F29_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_BC341A1DD10F59C3B011D563E89E1F29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amounts due under warehouse facilities</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_BC341A1DD10F59C3B011D563E89E1F29_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_BC341A1DD10F59C3B011D563E89E1F29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition Purchase Price Allocation Warehouse Facilities</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_BC341A1DD10F59C3B011D563E89E1F29_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_BC341A1DD10F59C3B011D563E89E1F29" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Acquisition Purchase Price Allocation Warehouse Facilities</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities" xlink:label="loc_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_BC341A1DD10F59C3B011D563E89E1F29" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_BC341A1DD10F59C3B011D563E89E1F29" xlink:to="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_BC341A1DD10F59C3B011D563E89E1F29" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired_E43BBE1BF9E52453345FD563E89E6160_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired_E43BBE1BF9E52453345FD563E89E6160" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reverse mortgage acquired</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired_E43BBE1BF9E52453345FD563E89E6160_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired_E43BBE1BF9E52453345FD563E89E6160" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition Purchase Price Allocation Reverse Mortgage Loan Acquired</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired_E43BBE1BF9E52453345FD563E89E6160_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired_E43BBE1BF9E52453345FD563E89E6160" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Acquisition Purchase Price Allocation Reverse Mortgage Loan Acquired</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" xlink:label="loc_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired_E43BBE1BF9E52453345FD563E89E6160" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired_E43BBE1BF9E52453345FD563E89E6160" xlink:to="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired_E43BBE1BF9E52453345FD563E89E6160" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings_6753CC1177DF6F31CBA1D563E89E6696_terseLabel_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings_6753CC1177DF6F31CBA1D563E89E6696" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HMBS related borrowings</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings_6753CC1177DF6F31CBA1D563E89E6696_label_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings_6753CC1177DF6F31CBA1D563E89E6696" 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 HMBS Related Borrowings</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings_6753CC1177DF6F31CBA1D563E89E6696_documentation_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings_6753CC1177DF6F31CBA1D563E89E6696" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business combination recognized identifiable assets acquired and liabilities assumed HMBS related borrowings.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings" xlink:label="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings_6753CC1177DF6F31CBA1D563E89E6696" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings_6753CC1177DF6F31CBA1D563E89E6696" xlink:to="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedHMBSRelatedBorrowings_6753CC1177DF6F31CBA1D563E89E6696" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent_5817890E63FDB71BF44FD563E89EB47E_terseLabel_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent_5817890E63FDB71BF44FD563E89EB47E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent of assets acquired and liabilities assumed at fair value recognized</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent_5817890E63FDB71BF44FD563E89EB47E_label_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent_5817890E63FDB71BF44FD563E89EB47E" 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, Percent</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent_5817890E63FDB71BF44FD563E89EB47E_documentation_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent_5817890E63FDB71BF44FD563E89EB47E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Percent</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent" xlink:label="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent_5817890E63FDB71BF44FD563E89EB47E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent_5817890E63FDB71BF44FD563E89EB47E" xlink:to="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPercent_5817890E63FDB71BF44FD563E89EB47E" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_5EF263143D7AE89709B9D563E89E2478_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_5EF263143D7AE89709B9D563E89E2478" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity interest acquired</link:label>
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_5EF263143D7AE89709B9D563E89E2478_label_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_5EF263143D7AE89709B9D563E89E2478" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Ownership Percentage by Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MinorityInterestOwnershipPercentageByParent" xlink:label="loc_us-gaap_MinorityInterestOwnershipPercentageByParent_5EF263143D7AE89709B9D563E89E2478" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestOwnershipPercentageByParent_5EF263143D7AE89709B9D563E89E2478" xlink:to="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_5EF263143D7AE89709B9D563E89E2478" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_976B5C13EAB285AE88E3D563E89E40C5_terseLabel_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_976B5C13EAB285AE88E3D563E89E40C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_976B5C13EAB285AE88E3D563E89E40C5_label_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_976B5C13EAB285AE88E3D563E89E40C5" 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 Service Rights</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_976B5C13EAB285AE88E3D563E89E40C5_documentation_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_976B5C13EAB285AE88E3D563E89E40C5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Mortgage Service Rights</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights" xlink:label="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_976B5C13EAB285AE88E3D563E89E40C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_976B5C13EAB285AE88E3D563E89E40C5" xlink:to="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_976B5C13EAB285AE88E3D563E89E40C5" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_7742BB882898FE77BF01D563E89E87F7_terseLabel_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_7742BB882898FE77BF01D563E89E87F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage-backed securities</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_7742BB882898FE77BF01D563E89E87F7_label_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_7742BB882898FE77BF01D563E89E87F7" 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>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_7742BB882898FE77BF01D563E89E87F7_documentation_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_7742BB882898FE77BF01D563E89E87F7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Mortgage Backed Securities</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities" xlink:label="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_7742BB882898FE77BF01D563E89E87F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_7742BB882898FE77BF01D563E89E87F7" xlink:to="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_7742BB882898FE77BF01D563E89E87F7" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsDisclosureTextBlock_3289147DF9A850905A8BB1D5B96206A8_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsDisclosureTextBlock_3289147DF9A850905A8BB1D5B96206A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments</link:label>
    <link:label id="lab_us-gaap_CommitmentsDisclosureTextBlock_3289147DF9A850905A8BB1D5B96206A8_label_en-US" xlink:label="lab_us-gaap_CommitmentsDisclosureTextBlock_3289147DF9A850905A8BB1D5B96206A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommitmentsDisclosureTextBlock" xlink:label="loc_us-gaap_CommitmentsDisclosureTextBlock_3289147DF9A850905A8BB1D5B96206A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsDisclosureTextBlock_3289147DF9A850905A8BB1D5B96206A8" xlink:to="lab_us-gaap_CommitmentsDisclosureTextBlock_3289147DF9A850905A8BB1D5B96206A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_054B751C0028823C43F266C026147351_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_054B751C0028823C43F266C026147351" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_054B751C0028823C43F266C026147351" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_054B751C0028823C43F266C026147351" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_054B751C0028823C43F266C026147351" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_98C3A90AE1BCEF29A8E666C0261462AF_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_98C3A90AE1BCEF29A8E666C0261462AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets, at fair value</link:label>
    <link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_98C3A90AE1BCEF29A8E666C0261462AF_label_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_98C3A90AE1BCEF29A8E666C0261462AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherAssetsFairValueDisclosure" xlink:label="loc_us-gaap_OtherAssetsFairValueDisclosure_98C3A90AE1BCEF29A8E666C0261462AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsFairValueDisclosure_98C3A90AE1BCEF29A8E666C0261462AF" xlink:to="lab_us-gaap_OtherAssetsFairValueDisclosure_98C3A90AE1BCEF29A8E666C0261462AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtFairValue_696BC2F27A771C3267D0677C4A9D4C35_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_696BC2F27A771C3267D0677C4A9D4C35" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financing liabilities, at fair value</link:label>
    <link:label id="lab_us-gaap_LongTermDebtFairValue_696BC2F27A771C3267D0677C4A9D4C35_label_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_696BC2F27A771C3267D0677C4A9D4C35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_696BC2F27A771C3267D0677C4A9D4C35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_696BC2F27A771C3267D0677C4A9D4C35" xlink:to="lab_us-gaap_LongTermDebtFairValue_696BC2F27A771C3267D0677C4A9D4C35" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_FFA053C4A22416D235FF66C026140563_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_FFA053C4A22416D235FF66C026140563" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_FFA053C4A22416D235FF66C026140563_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_FFA053C4A22416D235FF66C026140563" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_FFA053C4A22416D235FF66C026140563" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare_FFA053C4A22416D235FF66C026140563" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare_FFA053C4A22416D235FF66C026140563" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_79634486AA4E23C3D2AE66C026143DD1_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_79634486AA4E23C3D2AE66C026143DD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares authorized (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_79634486AA4E23C3D2AE66C026143DD1_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_79634486AA4E23C3D2AE66C026143DD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_79634486AA4E23C3D2AE66C026143DD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized_79634486AA4E23C3D2AE66C026143DD1" xlink:to="lab_us-gaap_CommonStockSharesAuthorized_79634486AA4E23C3D2AE66C026143DD1" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesIssued_2F47E2FCC3B1AB45435766C026155A21_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_2F47E2FCC3B1AB45435766C026155A21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares issued (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_2F47E2FCC3B1AB45435766C026155A21_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_2F47E2FCC3B1AB45435766C026155A21" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_2F47E2FCC3B1AB45435766C026155A21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued_2F47E2FCC3B1AB45435766C026155A21" xlink:to="lab_us-gaap_CommonStockSharesIssued_2F47E2FCC3B1AB45435766C026155A21" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_2A1E6C89498467D2317266C0261585AD_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_2A1E6C89498467D2317266C0261585AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_2A1E6C89498467D2317266C0261585AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_2A1E6C89498467D2317266C0261585AD" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_2A1E6C89498467D2317266C0261585AD" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_3E5117E0DC8612FA2EA8C00C9C03FB04_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_3E5117E0DC8612FA2EA8C00C9C03FB04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allowance for losses, charge-offs</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_3E5117E0DC8612FA2EA8C00C9C03FB04_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_3E5117E0DC8612FA2EA8C00C9C03FB04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses, Write-downs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_3E5117E0DC8612FA2EA8C00C9C03FB04" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_3E5117E0DC8612FA2EA8C00C9C03FB04" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_3E5117E0DC8612FA2EA8C00C9C03FB04" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesRollForward_62EA2115BDDD953EE8F41825CB5130B6_terseLabel_en-US" xlink:label="lab_ocn_AdvancesRollForward_62EA2115BDDD953EE8F41825CB5130B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances [Roll Forward]</link:label>
    <link:label id="lab_ocn_AdvancesRollForward_62EA2115BDDD953EE8F41825CB5130B6_label_en-US" xlink:label="lab_ocn_AdvancesRollForward_62EA2115BDDD953EE8F41825CB5130B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances [Roll Forward]</link:label>
    <link:label id="lab_ocn_AdvancesRollForward_62EA2115BDDD953EE8F41825CB5130B6_documentation_en-US" xlink:label="lab_ocn_AdvancesRollForward_62EA2115BDDD953EE8F41825CB5130B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances [Roll Forward]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesRollForward" xlink:label="loc_ocn_AdvancesRollForward_62EA2115BDDD953EE8F41825CB5130B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesRollForward_62EA2115BDDD953EE8F41825CB5130B6" xlink:to="lab_ocn_AdvancesRollForward_62EA2115BDDD953EE8F41825CB5130B6" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_25CE2D7610D8179B04AD1826CEC4FE8D_periodStartLabel_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_25CE2D7610D8179B04AD1826CEC4FE8D" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Advances, beginning balance</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance" xlink:label="loc_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_25CE2D7610D8179B04AD1826CEC4FE8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_25CE2D7610D8179B04AD1826CEC4FE8D" xlink:to="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_25CE2D7610D8179B04AD1826CEC4FE8D" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod_52A341DA7C8C3BBB2EA41825CB512A48_terseLabel_en-US" xlink:label="lab_ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod_52A341DA7C8C3BBB2EA41825CB512A48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod_52A341DA7C8C3BBB2EA41825CB512A48_label_en-US" xlink:label="lab_ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod_52A341DA7C8C3BBB2EA41825CB512A48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advance Payments on Behalf of Borrower, Acquired During the Period</link:label>
    <link:label id="lab_ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod_52A341DA7C8C3BBB2EA41825CB512A48_documentation_en-US" xlink:label="lab_ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod_52A341DA7C8C3BBB2EA41825CB512A48" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advance Payments on Behalf of Borrower, Acquired During the Period</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod" xlink:label="loc_ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod_52A341DA7C8C3BBB2EA41825CB512A48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod_52A341DA7C8C3BBB2EA41825CB512A48" xlink:to="lab_ocn_AdvancePaymentsonBehalfofBorrowerAcquiredDuringthePeriod_52A341DA7C8C3BBB2EA41825CB512A48" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancePaymentsonBehalfofBorrowersTransferred_1F3AFAC584706434C03A1825CB512295_negatedTerseLabel_en-US" xlink:label="lab_ocn_AdvancePaymentsonBehalfofBorrowersTransferred_1F3AFAC584706434C03A1825CB512295" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers to match funded advances</link:label>
    <link:label id="lab_ocn_AdvancePaymentsonBehalfofBorrowersTransferred_1F3AFAC584706434C03A1825CB512295_label_en-US" xlink:label="lab_ocn_AdvancePaymentsonBehalfofBorrowersTransferred_1F3AFAC584706434C03A1825CB512295" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advance Payments on Behalf of Borrowers, Transferred</link:label>
    <link:label id="lab_ocn_AdvancePaymentsonBehalfofBorrowersTransferred_1F3AFAC584706434C03A1825CB512295_documentation_en-US" xlink:label="lab_ocn_AdvancePaymentsonBehalfofBorrowersTransferred_1F3AFAC584706434C03A1825CB512295" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advance Payments on Behalf of Borrowers, Transferred</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancePaymentsonBehalfofBorrowersTransferred" xlink:label="loc_ocn_AdvancePaymentsonBehalfofBorrowersTransferred_1F3AFAC584706434C03A1825CB512295" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancePaymentsonBehalfofBorrowersTransferred_1F3AFAC584706434C03A1825CB512295" xlink:to="lab_ocn_AdvancePaymentsonBehalfofBorrowersTransferred_1F3AFAC584706434C03A1825CB512295" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F3AC0A9F7C6C576DDE361825CB5289EF_negatedTerseLabel_en-US" xlink:label="lab_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F3AC0A9F7C6C576DDE361825CB5289EF" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Sales of advances</link:label>
    <link:label id="lab_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F3AC0A9F7C6C576DDE361825CB5289EF_label_en-US" xlink:label="lab_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F3AC0A9F7C6C576DDE361825CB5289EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances Payments on Behalf of Borrower, Sales</link:label>
    <link:label id="lab_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F3AC0A9F7C6C576DDE361825CB5289EF_documentation_en-US" xlink:label="lab_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F3AC0A9F7C6C576DDE361825CB5289EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances Payments on Behalf of Borrower, Sales</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesPaymentsonBehalfofBorrowerSales" xlink:label="loc_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F3AC0A9F7C6C576DDE361825CB5289EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F3AC0A9F7C6C576DDE361825CB5289EF" xlink:to="lab_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F3AC0A9F7C6C576DDE361825CB5289EF" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_30E118F28CB86C80FA9B1825CB52524E_terseLabel_en-US" xlink:label="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_30E118F28CB86C80FA9B1825CB52524E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New advances (collections of advances), net and charge-offs</link:label>
    <link:label id="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_30E118F28CB86C80FA9B1825CB52524E_label_en-US" xlink:label="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_30E118F28CB86C80FA9B1825CB52524E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances Payments on Behalf of Borrowers, Additions</link:label>
    <link:label id="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_30E118F28CB86C80FA9B1825CB52524E_documentation_en-US" xlink:label="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_30E118F28CB86C80FA9B1825CB52524E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances Payments on Behalf of Borrowers, Additions</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesPaymentsonBehalfofBorrowersAdditions" xlink:label="loc_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_30E118F28CB86C80FA9B1825CB52524E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_30E118F28CB86C80FA9B1825CB52524E" xlink:to="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_30E118F28CB86C80FA9B1825CB52524E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_26ACFF7AC87D13FB74421825CB529DAF_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_26ACFF7AC87D13FB74421825CB529DAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decrease (increase) in allowance for losses</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_26ACFF7AC87D13FB74421825CB529DAF_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_26ACFF7AC87D13FB74421825CB529DAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_26ACFF7AC87D13FB74421825CB529DAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_26ACFF7AC87D13FB74421825CB529DAF" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_26ACFF7AC87D13FB74421825CB529DAF" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_E5DBAF5EB7DA4377A10C1827CFE7732E_periodEndLabel_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_E5DBAF5EB7DA4377A10C1827CFE7732E" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Advances, ending balance</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance" xlink:label="loc_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_E5DBAF5EB7DA4377A10C1827CFE7732E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_E5DBAF5EB7DA4377A10C1827CFE7732E" xlink:to="lab_ocn_AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance_E5DBAF5EB7DA4377A10C1827CFE7732E" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofInterestExpenseTable_5231C37640A19D2498C16C1922A1DEB0_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseTable_5231C37640A19D2498C16C1922A1DEB0" 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_5231C37640A19D2498C16C1922A1DEB0_label_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseTable_5231C37640A19D2498C16C1922A1DEB0" 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_5231C37640A19D2498C16C1922A1DEB0_documentation_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseTable_5231C37640A19D2498C16C1922A1DEB0" 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-20151231.xsd#ocn_ScheduleofInterestExpenseTable" xlink:label="loc_ocn_ScheduleofInterestExpenseTable_5231C37640A19D2498C16C1922A1DEB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofInterestExpenseTable_5231C37640A19D2498C16C1922A1DEB0" xlink:to="lab_ocn_ScheduleofInterestExpenseTable_5231C37640A19D2498C16C1922A1DEB0" xlink:type="arc" />
    <link:label id="lab_ocn_LinesOfCreditAndOtherSecuredBorrowingsMember_A7A27E598D8AC93FE2B06C1922A1C00B_terseLabel_en-US" xlink:label="lab_ocn_LinesOfCreditAndOtherSecuredBorrowingsMember_A7A27E598D8AC93FE2B06C1922A1C00B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Secured Borrowings [Member]</link:label>
    <link:label id="lab_ocn_LinesOfCreditAndOtherSecuredBorrowingsMember_A7A27E598D8AC93FE2B06C1922A1C00B_label_en-US" xlink:label="lab_ocn_LinesOfCreditAndOtherSecuredBorrowingsMember_A7A27E598D8AC93FE2B06C1922A1C00B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lines Of Credit And Other Secured Borrowings [Member]</link:label>
    <link:label id="lab_ocn_LinesOfCreditAndOtherSecuredBorrowingsMember_A7A27E598D8AC93FE2B06C1922A1C00B_documentation_en-US" xlink:label="lab_ocn_LinesOfCreditAndOtherSecuredBorrowingsMember_A7A27E598D8AC93FE2B06C1922A1C00B" 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-20151231.xsd#ocn_LinesOfCreditAndOtherSecuredBorrowingsMember" xlink:label="loc_ocn_LinesOfCreditAndOtherSecuredBorrowingsMember_A7A27E598D8AC93FE2B06C1922A1C00B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LinesOfCreditAndOtherSecuredBorrowingsMember_A7A27E598D8AC93FE2B06C1922A1C00B" xlink:to="lab_ocn_LinesOfCreditAndOtherSecuredBorrowingsMember_A7A27E598D8AC93FE2B06C1922A1C00B" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnsecuredDebtMember_F62B295BF15FBBF2D4896C1922A18E92_verboseLabel_en-US" xlink:label="lab_us-gaap_UnsecuredDebtMember_F62B295BF15FBBF2D4896C1922A18E92" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">6.625% Senior Unsecured Notes [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UnsecuredDebtMember" xlink:label="loc_us-gaap_UnsecuredDebtMember_F62B295BF15FBBF2D4896C1922A18E92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnsecuredDebtMember_F62B295BF15FBBF2D4896C1922A18E92" xlink:to="lab_us-gaap_UnsecuredDebtMember_F62B295BF15FBBF2D4896C1922A18E92" xlink:type="arc" />
    <link:label id="lab_ocn_OtherInterestExpenseMember_A4A33B3977E493798E5A6C1922A1B36C_terseLabel_en-US" xlink:label="lab_ocn_OtherInterestExpenseMember_A4A33B3977E493798E5A6C1922A1B36C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other [Member]</link:label>
    <link:label id="lab_ocn_OtherInterestExpenseMember_A4A33B3977E493798E5A6C1922A1B36C_label_en-US" xlink:label="lab_ocn_OtherInterestExpenseMember_A4A33B3977E493798E5A6C1922A1B36C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Interest Expense [Member]</link:label>
    <link:label id="lab_ocn_OtherInterestExpenseMember_A4A33B3977E493798E5A6C1922A1B36C_documentation_en-US" xlink:label="lab_ocn_OtherInterestExpenseMember_A4A33B3977E493798E5A6C1922A1B36C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other interest expense not previously categorized.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OtherInterestExpenseMember" xlink:label="loc_ocn_OtherInterestExpenseMember_A4A33B3977E493798E5A6C1922A1B36C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherInterestExpenseMember_A4A33B3977E493798E5A6C1922A1B36C" xlink:to="lab_ocn_OtherInterestExpenseMember_A4A33B3977E493798E5A6C1922A1B36C" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofInterestExpenseLineItems_9DD341A1DF6154D0BE4A6C1922A1DEB1_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseLineItems_9DD341A1DF6154D0BE4A6C1922A1DEB1" 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_9DD341A1DF6154D0BE4A6C1922A1DEB1_label_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseLineItems_9DD341A1DF6154D0BE4A6C1922A1DEB1" 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_9DD341A1DF6154D0BE4A6C1922A1DEB1_documentation_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseLineItems_9DD341A1DF6154D0BE4A6C1922A1DEB1" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleofInterestExpenseLineItems" xlink:label="loc_ocn_ScheduleofInterestExpenseLineItems_9DD341A1DF6154D0BE4A6C1922A1DEB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofInterestExpenseLineItems_9DD341A1DF6154D0BE4A6C1922A1DEB1" xlink:to="lab_ocn_ScheduleofInterestExpenseLineItems_9DD341A1DF6154D0BE4A6C1922A1DEB1" xlink:type="arc" />
    <link:label id="lab_ocn_DebtSecuritiesAbstract_FA07000ADEE5BDC01B5A6C1922A2EBF2_terseLabel_en-US" xlink:label="lab_ocn_DebtSecuritiesAbstract_FA07000ADEE5BDC01B5A6C1922A2EBF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt securities:</link:label>
    <link:label id="lab_ocn_DebtSecuritiesAbstract_FA07000ADEE5BDC01B5A6C1922A2EBF2_label_en-US" xlink:label="lab_ocn_DebtSecuritiesAbstract_FA07000ADEE5BDC01B5A6C1922A2EBF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities [Abstract]</link:label>
    <link:label id="lab_ocn_DebtSecuritiesAbstract_FA07000ADEE5BDC01B5A6C1922A2EBF2_documentation_en-US" xlink:label="lab_ocn_DebtSecuritiesAbstract_FA07000ADEE5BDC01B5A6C1922A2EBF2" 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-20151231.xsd#ocn_DebtSecuritiesAbstract" xlink:label="loc_ocn_DebtSecuritiesAbstract_FA07000ADEE5BDC01B5A6C1922A2EBF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtSecuritiesAbstract_FA07000ADEE5BDC01B5A6C1922A2EBF2" xlink:to="lab_ocn_DebtSecuritiesAbstract_FA07000ADEE5BDC01B5A6C1922A2EBF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpense_CBE1EC65BE3A1DAEF1C66C1922A2A007_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_CBE1EC65BE3A1DAEF1C66C1922A2A007" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_CBE1EC65BE3A1DAEF1C66C1922A2A007" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_CBE1EC65BE3A1DAEF1C66C1922A2A007" xlink:to="lab_us-gaap_InterestExpense_CBE1EC65BE3A1DAEF1C66C1922A2A007" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceAgreementsMember_3763F44B9C76369AE364E52FCA299A89_terseLabel_en-US" xlink:label="lab_ocn_AltisourceAgreementsMember_3763F44B9C76369AE364E52FCA299A89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Altisource Agreements [Member]</link:label>
    <link:label id="lab_ocn_AltisourceAgreementsMember_3763F44B9C76369AE364E52FCA299A89_label_en-US" xlink:label="lab_ocn_AltisourceAgreementsMember_3763F44B9C76369AE364E52FCA299A89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Altisource Agreements [Member]</link:label>
    <link:label id="lab_ocn_AltisourceAgreementsMember_3763F44B9C76369AE364E52FCA299A89_documentation_en-US" xlink:label="lab_ocn_AltisourceAgreementsMember_3763F44B9C76369AE364E52FCA299A89" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Altisource agreements.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AltisourceAgreementsMember" xlink:label="loc_ocn_AltisourceAgreementsMember_3763F44B9C76369AE364E52FCA299A89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceAgreementsMember_3763F44B9C76369AE364E52FCA299A89" xlink:to="lab_ocn_AltisourceAgreementsMember_3763F44B9C76369AE364E52FCA299A89" xlink:type="arc" />
    <link:label id="lab_ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember_27A2E05CD07FEE2D26ACE5304D29CF60_terseLabel_en-US" xlink:label="lab_ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember_27A2E05CD07FEE2D26ACE5304D29CF60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HLSS Support Services Agreement [Member]</link:label>
    <link:label id="lab_ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember_27A2E05CD07FEE2D26ACE5304D29CF60_label_en-US" xlink:label="lab_ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember_27A2E05CD07FEE2D26ACE5304D29CF60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Home Loan Servicing Solutions Support Services Agreement [Member]</link:label>
    <link:label id="lab_ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember_27A2E05CD07FEE2D26ACE5304D29CF60_documentation_en-US" xlink:label="lab_ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember_27A2E05CD07FEE2D26ACE5304D29CF60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Home loan servicing solutions support services agreement.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember" xlink:label="loc_ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember_27A2E05CD07FEE2D26ACE5304D29CF60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember_27A2E05CD07FEE2D26ACE5304D29CF60" xlink:to="lab_ocn_HomeLoanServicingSolutionsSupportServicesAgreementMember_27A2E05CD07FEE2D26ACE5304D29CF60" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember_77EE06E6F70D1E0B727EE530D74BD6CC_terseLabel_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember_77EE06E6F70D1E0B727EE530D74BD6CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AAMC Support Services And Facilities Agreements [Member]</link:label>
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember_77EE06E6F70D1E0B727EE530D74BD6CC_label_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember_77EE06E6F70D1E0B727EE530D74BD6CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Altisource Asset Management Corporation Support Services And Facilities Agreements [Member]</link:label>
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember_77EE06E6F70D1E0B727EE530D74BD6CC_documentation_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember_77EE06E6F70D1E0B727EE530D74BD6CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Altisource asset management corporation support services and facilities agreements.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember" xlink:label="loc_ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember_77EE06E6F70D1E0B727EE530D74BD6CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember_77EE06E6F70D1E0B727EE530D74BD6CC" xlink:to="lab_ocn_AltisourceAssetManagementCorporationSupportServicesAndFacilitiesAgreementsMember_77EE06E6F70D1E0B727EE530D74BD6CC" xlink:type="arc" />
    <link:label id="lab_ocn_ResidentialServicingAgreementMember_813CD8B54C28772E9117E531573C3173_terseLabel_en-US" xlink:label="lab_ocn_ResidentialServicingAgreementMember_813CD8B54C28772E9117E531573C3173" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Residential Servicing Agreement [Member]</link:label>
    <link:label id="lab_ocn_ResidentialServicingAgreementMember_813CD8B54C28772E9117E531573C3173_label_en-US" xlink:label="lab_ocn_ResidentialServicingAgreementMember_813CD8B54C28772E9117E531573C3173" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Residential Servicing Agreement [Member]</link:label>
    <link:label id="lab_ocn_ResidentialServicingAgreementMember_813CD8B54C28772E9117E531573C3173_documentation_en-US" xlink:label="lab_ocn_ResidentialServicingAgreementMember_813CD8B54C28772E9117E531573C3173" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Residential servicing agreement.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ResidentialServicingAgreementMember" xlink:label="loc_ocn_ResidentialServicingAgreementMember_813CD8B54C28772E9117E531573C3173" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ResidentialServicingAgreementMember_813CD8B54C28772E9117E531573C3173" xlink:to="lab_ocn_ResidentialServicingAgreementMember_813CD8B54C28772E9117E531573C3173" xlink:type="arc" />
    <link:label id="lab_ocn_RevenuesAndExpensesAbstract_298E1263EEC0E381C1BAE4ECC6114B9F_terseLabel_en-US" xlink:label="lab_ocn_RevenuesAndExpensesAbstract_298E1263EEC0E381C1BAE4ECC6114B9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues and Expenses:</link:label>
    <link:label id="lab_ocn_RevenuesAndExpensesAbstract_298E1263EEC0E381C1BAE4ECC6114B9F_label_en-US" xlink:label="lab_ocn_RevenuesAndExpensesAbstract_298E1263EEC0E381C1BAE4ECC6114B9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues and Expenses [Abstract]</link:label>
    <link:label id="lab_ocn_RevenuesAndExpensesAbstract_298E1263EEC0E381C1BAE4ECC6114B9F_documentation_en-US" xlink:label="lab_ocn_RevenuesAndExpensesAbstract_298E1263EEC0E381C1BAE4ECC6114B9F" 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-20151231.xsd#ocn_RevenuesAndExpensesAbstract" xlink:label="loc_ocn_RevenuesAndExpensesAbstract_298E1263EEC0E381C1BAE4ECC6114B9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RevenuesAndExpensesAbstract_298E1263EEC0E381C1BAE4ECC6114B9F" xlink:to="lab_ocn_RevenuesAndExpensesAbstract_298E1263EEC0E381C1BAE4ECC6114B9F" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromRelatedParties_504314F9DD67FAD117A9E4ECC611F81E_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromRelatedParties_504314F9DD67FAD117A9E4ECC611F81E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_RevenueFromRelatedParties_504314F9DD67FAD117A9E4ECC611F81E_label_en-US" xlink:label="lab_us-gaap_RevenueFromRelatedParties_504314F9DD67FAD117A9E4ECC611F81E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Related Parties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RevenueFromRelatedParties" xlink:label="loc_us-gaap_RevenueFromRelatedParties_504314F9DD67FAD117A9E4ECC611F81E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromRelatedParties_504314F9DD67FAD117A9E4ECC611F81E" xlink:to="lab_us-gaap_RevenueFromRelatedParties_504314F9DD67FAD117A9E4ECC611F81E" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_D55A332656423FBB025FE4ECC612FE7C_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_D55A332656423FBB025FE4ECC612FE7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_D55A332656423FBB025FE4ECC612FE7C_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_D55A332656423FBB025FE4ECC612FE7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Expenses from Transactions with Related Party</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty" xlink:label="loc_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_D55A332656423FBB025FE4ECC612FE7C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_D55A332656423FBB025FE4ECC612FE7C" xlink:to="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_D55A332656423FBB025FE4ECC612FE7C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_CC5A090E73BAD1AD7B120947B2BF1406_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_CC5A090E73BAD1AD7B120947B2BF1406" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_CC5A090E73BAD1AD7B120947B2BF1406" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_CC5A090E73BAD1AD7B120947B2BF1406" xlink:to="lab_us-gaap_ProfitLoss_CC5A090E73BAD1AD7B120947B2BF1406" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_7CF98CE928FDC279D6AE0947B2BF445E_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_7CF98CE928FDC279D6AE0947B2BF445E" 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_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_7CF98CE928FDC279D6AE0947B2BF445E_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_7CF98CE928FDC279D6AE0947B2BF445E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_7CF98CE928FDC279D6AE0947B2BF445E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_7CF98CE928FDC279D6AE0947B2BF445E" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_7CF98CE928FDC279D6AE0947B2BF445E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_390A5630606A7492F62C0947B2BF52D4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_390A5630606A7492F62C0947B2BF52D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in deferred loss on cash flow hedges arising during the year</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_390A5630606A7492F62C0947B2BF52D4_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_390A5630606A7492F62C0947B2BF52D4" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_390A5630606A7492F62C0947B2BF52D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_390A5630606A7492F62C0947B2BF52D4" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_390A5630606A7492F62C0947B2BF52D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_41F1F635E8717BF37DF30947B2BF0A7E_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_41F1F635E8717BF37DF30947B2BF0A7E" 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_41F1F635E8717BF37DF30947B2BF0A7E_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_41F1F635E8717BF37DF30947B2BF0A7E" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_41F1F635E8717BF37DF30947B2BF0A7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_41F1F635E8717BF37DF30947B2BF0A7E" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_41F1F635E8717BF37DF30947B2BF0A7E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_26B422900A342E1203970947B2BF109A_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_26B422900A342E1203970947B2BF109A" 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_26B422900A342E1203970947B2BF109A_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_26B422900A342E1203970947B2BF109A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_26B422900A342E1203970947B2BF109A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_26B422900A342E1203970947B2BF109A" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_26B422900A342E1203970947B2BF109A" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_7781E901868787AA3DE20947B2BFA4A1_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_7781E901868787AA3DE20947B2BFA4A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeOtherNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_7781E901868787AA3DE20947B2BFA4A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_7781E901868787AA3DE20947B2BFA4A1" xlink:to="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_7781E901868787AA3DE20947B2BFA4A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_5E09917982176DC5FA380947B2BF9A6A_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_5E09917982176DC5FA380947B2BF9A6A" 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:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_5E09917982176DC5FA380947B2BF9A6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_5E09917982176DC5FA380947B2BF9A6A" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_5E09917982176DC5FA380947B2BF9A6A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_663E2660B01A5DC426820947B2BF87B5_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_663E2660B01A5DC426820947B2BF87B5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income (loss)</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_663E2660B01A5DC426820947B2BF87B5_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_663E2660B01A5DC426820947B2BF87B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_663E2660B01A5DC426820947B2BF87B5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_663E2660B01A5DC426820947B2BF87B5" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_663E2660B01A5DC426820947B2BF87B5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_00C99AD218FAB8D405D90947B2BF99C2_negatedLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_00C99AD218FAB8D405D90947B2BF99C2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income attributable to non-controlling interests</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_00C99AD218FAB8D405D90947B2BF99C2_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_00C99AD218FAB8D405D90947B2BF99C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_00C99AD218FAB8D405D90947B2BF99C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_00C99AD218FAB8D405D90947B2BF99C2" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_00C99AD218FAB8D405D90947B2BF99C2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_76144BBE9F76CCDFF7BE0947B2BF8475_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_76144BBE9F76CCDFF7BE0947B2BF8475" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income (loss) attributable to Ocwen stockholders</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_76144BBE9F76CCDFF7BE0947B2BF8475_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_76144BBE9F76CCDFF7BE0947B2BF8475" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_76144BBE9F76CCDFF7BE0947B2BF8475" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_76144BBE9F76CCDFF7BE0947B2BF8475" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTax_76144BBE9F76CCDFF7BE0947B2BF8475" xlink:type="arc" />
    <link:label id="lab_ocn_DepreciationandAmortizationMember_F995414C5C67E2EF1A99B1D5B96AC19A_terseLabel_en-US" xlink:label="lab_ocn_DepreciationandAmortizationMember_F995414C5C67E2EF1A99B1D5B96AC19A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and Amortization [Member]</link:label>
    <link:label id="lab_ocn_DepreciationandAmortizationMember_F995414C5C67E2EF1A99B1D5B96AC19A_label_en-US" xlink:label="lab_ocn_DepreciationandAmortizationMember_F995414C5C67E2EF1A99B1D5B96AC19A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation and Amortization [Member]</link:label>
    <link:label id="lab_ocn_DepreciationandAmortizationMember_F995414C5C67E2EF1A99B1D5B96AC19A_documentation_en-US" xlink:label="lab_ocn_DepreciationandAmortizationMember_F995414C5C67E2EF1A99B1D5B96AC19A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Depreciation and Amortization [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DepreciationandAmortizationMember" xlink:label="loc_ocn_DepreciationandAmortizationMember_F995414C5C67E2EF1A99B1D5B96AC19A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DepreciationandAmortizationMember_F995414C5C67E2EF1A99B1D5B96AC19A" xlink:to="lab_ocn_DepreciationandAmortizationMember_F995414C5C67E2EF1A99B1D5B96AC19A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_A9A52AA854BD3FAB9506B1D5B96A3D2C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_A9A52AA854BD3FAB9506B1D5B96A3D2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_A9A52AA854BD3FAB9506B1D5B96A3D2C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_A9A52AA854BD3FAB9506B1D5B96A3D2C" 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>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_A9A52AA854BD3FAB9506B1D5B96A3D2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_A9A52AA854BD3FAB9506B1D5B96A3D2C" xlink:to="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_A9A52AA854BD3FAB9506B1D5B96A3D2C" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateSwapMember_21D91F6E94F838431C3E6C3AB01E708D_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_21D91F6E94F838431C3E6C3AB01E708D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Swap [Member]</link:label>
    <link:label id="lab_us-gaap_InterestRateSwapMember_21D91F6E94F838431C3E6C3AB01E708D_label_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_21D91F6E94F838431C3E6C3AB01E708D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Swap [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="loc_us-gaap_InterestRateSwapMember_21D91F6E94F838431C3E6C3AB01E708D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateSwapMember_21D91F6E94F838431C3E6C3AB01E708D" xlink:to="lab_us-gaap_InterestRateSwapMember_21D91F6E94F838431C3E6C3AB01E708D" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeNotionalBalanceRollForward_710F5DD09DB1778E65BC6C1922BE29C8_terseLabel_en-US" xlink:label="lab_ocn_DerivativeNotionalBalanceRollForward_710F5DD09DB1778E65BC6C1922BE29C8" 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_710F5DD09DB1778E65BC6C1922BE29C8_label_en-US" xlink:label="lab_ocn_DerivativeNotionalBalanceRollForward_710F5DD09DB1778E65BC6C1922BE29C8" 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_710F5DD09DB1778E65BC6C1922BE29C8_documentation_en-US" xlink:label="lab_ocn_DerivativeNotionalBalanceRollForward_710F5DD09DB1778E65BC6C1922BE29C8" 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-20151231.xsd#ocn_DerivativeNotionalBalanceRollForward" xlink:label="loc_ocn_DerivativeNotionalBalanceRollForward_710F5DD09DB1778E65BC6C1922BE29C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeNotionalBalanceRollForward_710F5DD09DB1778E65BC6C1922BE29C8" xlink:to="lab_ocn_DerivativeNotionalBalanceRollForward_710F5DD09DB1778E65BC6C1922BE29C8" xlink:type="arc" />
    <link:label id="lab_invest_DerivativeNotionalAmount_DDAF170B83A158D7A7756C1922BEFB55_periodStartLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_DDAF170B83A158D7A7756C1922BEFB55" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Notional Amount, beginning balance</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_DDAF170B83A158D7A7756C1922BEFB55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_DDAF170B83A158D7A7756C1922BEFB55" xlink:to="lab_invest_DerivativeNotionalAmount_DDAF170B83A158D7A7756C1922BEFB55" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeAdditions_FA01573363AB7460F0EC6C1922BFED94_terseLabel_en-US" xlink:label="lab_ocn_DerivativeAdditions_FA01573363AB7460F0EC6C1922BFED94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ocn_DerivativeAdditions_FA01573363AB7460F0EC6C1922BFED94_label_en-US" xlink:label="lab_ocn_DerivativeAdditions_FA01573363AB7460F0EC6C1922BFED94" 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_FA01573363AB7460F0EC6C1922BFED94_documentation_en-US" xlink:label="lab_ocn_DerivativeAdditions_FA01573363AB7460F0EC6C1922BFED94" 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-20151231.xsd#ocn_DerivativeAdditions" xlink:label="loc_ocn_DerivativeAdditions_FA01573363AB7460F0EC6C1922BFED94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeAdditions_FA01573363AB7460F0EC6C1922BFED94" xlink:to="lab_ocn_DerivativeAdditions_FA01573363AB7460F0EC6C1922BFED94" xlink:type="arc" />
    <link:label id="lab_ocn_AmortizationOfDerivative_3B9DE23C3F49CC31072D6C1922BF629E_negatedTerseLabel_en-US" xlink:label="lab_ocn_AmortizationOfDerivative_3B9DE23C3F49CC31072D6C1922BF629E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Amortization</link:label>
    <link:label id="lab_ocn_AmortizationOfDerivative_3B9DE23C3F49CC31072D6C1922BF629E_label_en-US" xlink:label="lab_ocn_AmortizationOfDerivative_3B9DE23C3F49CC31072D6C1922BF629E" 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_3B9DE23C3F49CC31072D6C1922BF629E_documentation_en-US" xlink:label="lab_ocn_AmortizationOfDerivative_3B9DE23C3F49CC31072D6C1922BF629E" 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-20151231.xsd#ocn_AmortizationOfDerivative" xlink:label="loc_ocn_AmortizationOfDerivative_3B9DE23C3F49CC31072D6C1922BF629E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AmortizationOfDerivative_3B9DE23C3F49CC31072D6C1922BF629E" xlink:to="lab_ocn_AmortizationOfDerivative_3B9DE23C3F49CC31072D6C1922BF629E" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeMaturities_9381A49D0399EB974A486C1922BFD004_negatedTerseLabel_en-US" xlink:label="lab_ocn_DerivativeMaturities_9381A49D0399EB974A486C1922BFD004" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Maturities</link:label>
    <link:label id="lab_ocn_DerivativeMaturities_9381A49D0399EB974A486C1922BFD004_label_en-US" xlink:label="lab_ocn_DerivativeMaturities_9381A49D0399EB974A486C1922BFD004" 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_9381A49D0399EB974A486C1922BFD004_documentation_en-US" xlink:label="lab_ocn_DerivativeMaturities_9381A49D0399EB974A486C1922BFD004" 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-20151231.xsd#ocn_DerivativeMaturities" xlink:label="loc_ocn_DerivativeMaturities_9381A49D0399EB974A486C1922BFD004" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeMaturities_9381A49D0399EB974A486C1922BFD004" xlink:to="lab_ocn_DerivativeMaturities_9381A49D0399EB974A486C1922BFD004" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeTerminations_FBC9249A21A53BAA19576C1922BF7639_negatedTerseLabel_en-US" xlink:label="lab_ocn_DerivativeTerminations_FBC9249A21A53BAA19576C1922BF7639" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Terminations</link:label>
    <link:label id="lab_ocn_DerivativeTerminations_FBC9249A21A53BAA19576C1922BF7639_label_en-US" xlink:label="lab_ocn_DerivativeTerminations_FBC9249A21A53BAA19576C1922BF7639" 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_FBC9249A21A53BAA19576C1922BF7639_documentation_en-US" xlink:label="lab_ocn_DerivativeTerminations_FBC9249A21A53BAA19576C1922BF7639" 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-20151231.xsd#ocn_DerivativeTerminations" xlink:label="loc_ocn_DerivativeTerminations_FBC9249A21A53BAA19576C1922BF7639" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeTerminations_FBC9249A21A53BAA19576C1922BF7639" xlink:to="lab_ocn_DerivativeTerminations_FBC9249A21A53BAA19576C1922BF7639" xlink:type="arc" />
    <link:label id="lab_invest_DerivativeNotionalAmount_CE22F729C43316C6EFF26C1922BF01EC_periodEndLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_CE22F729C43316C6EFF26C1922BF01EC" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Notional Amount, ending balance</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_CE22F729C43316C6EFF26C1922BF01EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_CE22F729C43316C6EFF26C1922BF01EC" xlink:to="lab_invest_DerivativeNotionalAmount_CE22F729C43316C6EFF26C1922BF01EC" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_598C599E941E5078689F6C1922BF947B_terseLabel_en-US" xlink:label="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_598C599E941E5078689F6C1922BF947B" 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_598C599E941E5078689F6C1922BF947B_label_en-US" xlink:label="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_598C599E941E5078689F6C1922BF947B" 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>
    <link:label id="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_598C599E941E5078689F6C1922BF947B_documentation_en-US" xlink:label="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_598C599E941E5078689F6C1922BF947B" 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-20151231.xsd#ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract" xlink:label="loc_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_598C599E941E5078689F6C1922BF947B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_598C599E941E5078689F6C1922BF947B" xlink:to="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_598C599E941E5078689F6C1922BF947B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeNet_4EDCE1967DD042B55A986C1922BFDD64_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeNet_4EDCE1967DD042B55A986C1922BFDD64" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivatives, at fair value</link:label>
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeNet_4EDCE1967DD042B55A986C1922BFDD64_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeNet_4EDCE1967DD042B55A986C1922BFDD64" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeNet" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeNet_4EDCE1967DD042B55A986C1922BFDD64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeNet_4EDCE1967DD042B55A986C1922BFDD64" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeNet_4EDCE1967DD042B55A986C1922BFDD64" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeMaturityPeriod_F9ACEB1D328BBF0051A86C1922BF9135_terseLabel_en-US" xlink:label="lab_ocn_DerivativeMaturityPeriod_F9ACEB1D328BBF0051A86C1922BF9135" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity</link:label>
    <link:label id="lab_ocn_DerivativeMaturityPeriod_F9ACEB1D328BBF0051A86C1922BF9135_label_en-US" xlink:label="lab_ocn_DerivativeMaturityPeriod_F9ACEB1D328BBF0051A86C1922BF9135" 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_F9ACEB1D328BBF0051A86C1922BF9135_documentation_en-US" xlink:label="lab_ocn_DerivativeMaturityPeriod_F9ACEB1D328BBF0051A86C1922BF9135" 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-20151231.xsd#ocn_DerivativeMaturityPeriod" xlink:label="loc_ocn_DerivativeMaturityPeriod_F9ACEB1D328BBF0051A86C1922BF9135" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeMaturityPeriod_F9ACEB1D328BBF0051A86C1922BF9135" xlink:to="lab_ocn_DerivativeMaturityPeriod_F9ACEB1D328BBF0051A86C1922BF9135" xlink:type="arc" />
    <link:label id="lab_ocn_FHABuyoutLoansMember_A801EDD0C01D5592FA071DD6A57338F0_terseLabel_en-US" xlink:label="lab_ocn_FHABuyoutLoansMember_A801EDD0C01D5592FA071DD6A57338F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FHA Buyout Loans [Member]</link:label>
    <link:label id="lab_ocn_FHABuyoutLoansMember_A801EDD0C01D5592FA071DD6A57338F0_label_en-US" xlink:label="lab_ocn_FHABuyoutLoansMember_A801EDD0C01D5592FA071DD6A57338F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FHA Buyout Loans [Member]</link:label>
    <link:label id="lab_ocn_FHABuyoutLoansMember_A801EDD0C01D5592FA071DD6A57338F0_documentation_en-US" xlink:label="lab_ocn_FHABuyoutLoansMember_A801EDD0C01D5592FA071DD6A57338F0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">FHA Buyout Loans [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FHABuyoutLoansMember" xlink:label="loc_ocn_FHABuyoutLoansMember_A801EDD0C01D5592FA071DD6A57338F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FHABuyoutLoansMember_A801EDD0C01D5592FA071DD6A57338F0" xlink:to="lab_ocn_FHABuyoutLoansMember_A801EDD0C01D5592FA071DD6A57338F0" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingAdvancesMember_CE517278028BFE8382AB1DD6A573C87C_terseLabel_en-US" xlink:label="lab_ocn_ServicingAdvancesMember_CE517278028BFE8382AB1DD6A573C87C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing Advances [Member]</link:label>
    <link:label id="lab_ocn_ServicingAdvancesMember_CE517278028BFE8382AB1DD6A573C87C_label_en-US" xlink:label="lab_ocn_ServicingAdvancesMember_CE517278028BFE8382AB1DD6A573C87C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Advances [Member]</link:label>
    <link:label id="lab_ocn_ServicingAdvancesMember_CE517278028BFE8382AB1DD6A573C87C_documentation_en-US" xlink:label="lab_ocn_ServicingAdvancesMember_CE517278028BFE8382AB1DD6A573C87C" 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-20151231.xsd#ocn_ServicingAdvancesMember" xlink:label="loc_ocn_ServicingAdvancesMember_CE517278028BFE8382AB1DD6A573C87C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAdvancesMember_CE517278028BFE8382AB1DD6A573C87C" xlink:to="lab_ocn_ServicingAdvancesMember_CE517278028BFE8382AB1DD6A573C87C" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesMember_00C5880CA8744180158E1DD6A57356B7_terseLabel_en-US" xlink:label="lab_ocn_AdvancesMember_00C5880CA8744180158E1DD6A57356B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances [Member]</link:label>
    <link:label id="lab_ocn_AdvancesMember_00C5880CA8744180158E1DD6A57356B7_label_en-US" xlink:label="lab_ocn_AdvancesMember_00C5880CA8744180158E1DD6A57356B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances [Member]</link:label>
    <link:label id="lab_ocn_AdvancesMember_00C5880CA8744180158E1DD6A57356B7_documentation_en-US" xlink:label="lab_ocn_AdvancesMember_00C5880CA8744180158E1DD6A57356B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesMember" xlink:label="loc_ocn_AdvancesMember_00C5880CA8744180158E1DD6A57356B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesMember_00C5880CA8744180158E1DD6A57356B7" xlink:to="lab_ocn_AdvancesMember_00C5880CA8744180158E1DD6A57356B7" xlink:type="arc" />
    <link:label id="lab_ocn_DelinquentFHAInsuredLoansMember_2654BFD8FE3B4D4D52C61DD6A573D745_terseLabel_en-US" xlink:label="lab_ocn_DelinquentFHAInsuredLoansMember_2654BFD8FE3B4D4D52C61DD6A573D745" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Delinquent FHA Insured Loans [Member]</link:label>
    <link:label id="lab_ocn_DelinquentFHAInsuredLoansMember_2654BFD8FE3B4D4D52C61DD6A573D745_label_en-US" xlink:label="lab_ocn_DelinquentFHAInsuredLoansMember_2654BFD8FE3B4D4D52C61DD6A573D745" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Delinquent FHA Insured Loans [Member]</link:label>
    <link:label id="lab_ocn_DelinquentFHAInsuredLoansMember_2654BFD8FE3B4D4D52C61DD6A573D745_documentation_en-US" xlink:label="lab_ocn_DelinquentFHAInsuredLoansMember_2654BFD8FE3B4D4D52C61DD6A573D745" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Delinquent FHA insured loans.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DelinquentFHAInsuredLoansMember" xlink:label="loc_ocn_DelinquentFHAInsuredLoansMember_2654BFD8FE3B4D4D52C61DD6A573D745" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DelinquentFHAInsuredLoansMember_2654BFD8FE3B4D4D52C61DD6A573D745" xlink:to="lab_ocn_DelinquentFHAInsuredLoansMember_2654BFD8FE3B4D4D52C61DD6A573D745" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditMember_0B5EEC4579B626A7ABC21DD6A573B63D_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditMember_0B5EEC4579B626A7ABC21DD6A573B63D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit [Member]</link:label>
    <link:label id="lab_us-gaap_LineOfCreditMember_0B5EEC4579B626A7ABC21DD6A573B63D_label_en-US" xlink:label="lab_us-gaap_LineOfCreditMember_0B5EEC4579B626A7ABC21DD6A573B63D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LineOfCreditMember" xlink:label="loc_us-gaap_LineOfCreditMember_0B5EEC4579B626A7ABC21DD6A573B63D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditMember_0B5EEC4579B626A7ABC21DD6A573B63D" xlink:to="lab_us-gaap_LineOfCreditMember_0B5EEC4579B626A7ABC21DD6A573B63D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentCollateralAmount_A16C30A303D64453B4DD1DD6A574DAD3_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentCollateralAmount_A16C30A303D64453B4DD1DD6A574DAD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans held for sale, at fair value, UPB pledged to secure warehouse lines of credit</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentCollateralAmount_A16C30A303D64453B4DD1DD6A574DAD3_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentCollateralAmount_A16C30A303D64453B4DD1DD6A574DAD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Collateral Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentCollateralAmount" xlink:label="loc_us-gaap_DebtInstrumentCollateralAmount_A16C30A303D64453B4DD1DD6A574DAD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentCollateralAmount_A16C30A303D64453B4DD1DD6A574DAD3" xlink:to="lab_us-gaap_DebtInstrumentCollateralAmount_A16C30A303D64453B4DD1DD6A574DAD3" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldforSaleUnpaidPrincipalBalance_5FE89C83B3B141F85FAD1DD6A5749D49_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldforSaleUnpaidPrincipalBalance_5FE89C83B3B141F85FAD1DD6A5749D49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">UPB of loans held for sale</link:label>
    <link:label id="lab_ocn_LoansHeldforSaleUnpaidPrincipalBalance_5FE89C83B3B141F85FAD1DD6A5749D49_label_en-US" xlink:label="lab_ocn_LoansHeldforSaleUnpaidPrincipalBalance_5FE89C83B3B141F85FAD1DD6A5749D49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held for Sale, Unpaid Principal Balance</link:label>
    <link:label id="lab_ocn_LoansHeldforSaleUnpaidPrincipalBalance_5FE89C83B3B141F85FAD1DD6A5749D49_documentation_en-US" xlink:label="lab_ocn_LoansHeldforSaleUnpaidPrincipalBalance_5FE89C83B3B141F85FAD1DD6A5749D49" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans Held for Sale, Unpaid Principal Balance</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoansHeldforSaleUnpaidPrincipalBalance" xlink:label="loc_ocn_LoansHeldforSaleUnpaidPrincipalBalance_5FE89C83B3B141F85FAD1DD6A5749D49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldforSaleUnpaidPrincipalBalance_5FE89C83B3B141F85FAD1DD6A5749D49" xlink:to="lab_ocn_LoansHeldforSaleUnpaidPrincipalBalance_5FE89C83B3B141F85FAD1DD6A5749D49" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_D1F2824CFB794588DAFB1DD6A574B653_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_D1F2824CFB794588DAFB1DD6A574B653" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan and related advances proceeds</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_D1F2824CFB794588DAFB1DD6A574B653_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_D1F2824CFB794588DAFB1DD6A574B653" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Loans Held-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSaleOfLoansHeldForSale" xlink:label="loc_us-gaap_ProceedsFromSaleOfLoansHeldForSale_D1F2824CFB794588DAFB1DD6A574B653" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfLoansHeldForSale_D1F2824CFB794588DAFB1DD6A574B653" xlink:to="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_D1F2824CFB794588DAFB1DD6A574B653" xlink:type="arc" />
    <link:label id="lab_ocn_GainOnLoansHeldForSaleNet_F0F39137CCF347EB0D2F1DD6A574C0AF_verboseLabel_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNet_F0F39137CCF347EB0D2F1DD6A574C0AF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total gains on sales of loans</link:label>
    <link:label id="lab_ocn_GainOnLoansHeldForSaleNet_F0F39137CCF347EB0D2F1DD6A574C0AF_label_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNet_F0F39137CCF347EB0D2F1DD6A574C0AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain On Loans Held For Sale Net</link:label>
    <link:label id="lab_ocn_GainOnLoansHeldForSaleNet_F0F39137CCF347EB0D2F1DD6A574C0AF_documentation_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNet_F0F39137CCF347EB0D2F1DD6A574C0AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain On Loans Held For Sale Net</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_GainOnLoansHeldForSaleNet" xlink:label="loc_ocn_GainOnLoansHeldForSaleNet_F0F39137CCF347EB0D2F1DD6A574C0AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainOnLoansHeldForSaleNet_F0F39137CCF347EB0D2F1DD6A574C0AF" xlink:to="lab_ocn_GainOnLoansHeldForSaleNet_F0F39137CCF347EB0D2F1DD6A574C0AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAdditions_A79D0C53588CBD534AA81DD6A574E661_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAdditions_A79D0C53588CBD534AA81DD6A574E661" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Value assigned to MSRs retained on transfers of forward loans</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAdditions_A79D0C53588CBD534AA81DD6A574E661_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAdditions_A79D0C53588CBD534AA81DD6A574E661" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtFairValueAdditions" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAdditions_A79D0C53588CBD534AA81DD6A574E661" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAdditions_A79D0C53588CBD534AA81DD6A574E661" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAdditions_A79D0C53588CBD534AA81DD6A574E661" xlink:type="arc" />
    <link:label id="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_9BD7A1BE2F3515ABFE581DD6A574B128_terseLabel_en-US" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_9BD7A1BE2F3515ABFE581DD6A574B128" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains on sales of repurchased Ginnie Mae Loans which are carried at the lower of cost or fair value</link:label>
    <link:label id="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_9BD7A1BE2F3515ABFE581DD6A574B128_label_en-US" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_9BD7A1BE2F3515ABFE581DD6A574B128" 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_9BD7A1BE2F3515ABFE581DD6A574B128_documentation_en-US" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_9BD7A1BE2F3515ABFE581DD6A574B128" 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>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoansRestrictedForSecuritizationInvestorsFairValue" xlink:label="loc_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_9BD7A1BE2F3515ABFE581DD6A574B128" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_9BD7A1BE2F3515ABFE581DD6A574B128" xlink:to="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_9BD7A1BE2F3515ABFE581DD6A574B128" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_DCA0C3C6A05FFD3754771DD6A574DFEC_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_DCA0C3C6A05FFD3754771DD6A574DFEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments to Purchase Loans Held-for-sale</link:label>
    <link:label id="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_DCA0C3C6A05FFD3754771DD6A574DFEC_label_en-US" xlink:label="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_DCA0C3C6A05FFD3754771DD6A574DFEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Purchase Loans Held-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToPurchaseLoansHeldForSale" xlink:label="loc_us-gaap_PaymentsToPurchaseLoansHeldForSale_DCA0C3C6A05FFD3754771DD6A574DFEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToPurchaseLoansHeldForSale_DCA0C3C6A05FFD3754771DD6A574DFEC" xlink:to="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_DCA0C3C6A05FFD3754771DD6A574DFEC" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_006935F0502C2B611987B1D5B9203478_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_006935F0502C2B611987B1D5B9203478" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill and Intangible Assets Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_006935F0502C2B611987B1D5B9203478" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_006935F0502C2B611987B1D5B9203478" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_006935F0502C2B611987B1D5B9203478" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillDisclosureTextBlock_41F48CDB912BF18B65DDB1D5B9208FFE_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillDisclosureTextBlock_41F48CDB912BF18B65DDB1D5B9208FFE" 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_GoodwillDisclosureTextBlock_41F48CDB912BF18B65DDB1D5B9208FFE_label_en-US" xlink:label="lab_us-gaap_GoodwillDisclosureTextBlock_41F48CDB912BF18B65DDB1D5B9208FFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GoodwillDisclosureTextBlock" xlink:label="loc_us-gaap_GoodwillDisclosureTextBlock_41F48CDB912BF18B65DDB1D5B9208FFE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillDisclosureTextBlock_41F48CDB912BF18B65DDB1D5B9208FFE" xlink:to="lab_us-gaap_GoodwillDisclosureTextBlock_41F48CDB912BF18B65DDB1D5B9208FFE" xlink:type="arc" />
    <link:label id="lab_ocn_AssetSalesAndFinancingTextBlock_5269C79B899B1A757F47B1D5B9D74878_terseLabel_en-US" xlink:label="lab_ocn_AssetSalesAndFinancingTextBlock_5269C79B899B1A757F47B1D5B9D74878" 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_5269C79B899B1A757F47B1D5B9D74878_label_en-US" xlink:label="lab_ocn_AssetSalesAndFinancingTextBlock_5269C79B899B1A757F47B1D5B9D74878" 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_5269C79B899B1A757F47B1D5B9D74878_documentation_en-US" xlink:label="lab_ocn_AssetSalesAndFinancingTextBlock_5269C79B899B1A757F47B1D5B9D74878" 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-20151231.xsd#ocn_AssetSalesAndFinancingTextBlock" xlink:label="loc_ocn_AssetSalesAndFinancingTextBlock_5269C79B899B1A757F47B1D5B9D74878" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AssetSalesAndFinancingTextBlock_5269C79B899B1A757F47B1D5B9D74878" xlink:to="lab_ocn_AssetSalesAndFinancingTextBlock_5269C79B899B1A757F47B1D5B9D74878" xlink:type="arc" />
    <link:label id="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed_A5CC773E00365F9DAE64B1D5B9846AED_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed_A5CC773E00365F9DAE64B1D5B9846AED" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Weighted average prepayment speeds, 10%</link:label>
    <link:label id="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed_A5CC773E00365F9DAE64B1D5B9846AED_label_en-US" xlink:label="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed_A5CC773E00365F9DAE64B1D5B9846AED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 10 Percent Adverse Change in Prepayment Speed</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed" xlink:label="loc_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed_A5CC773E00365F9DAE64B1D5B9846AED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed_A5CC773E00365F9DAE64B1D5B9846AED" xlink:to="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed_A5CC773E00365F9DAE64B1D5B9846AED" xlink:type="arc" />
    <link:label id="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed_B779355D2B4B11A46FE1B1D5B985FDA1_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed_B779355D2B4B11A46FE1B1D5B985FDA1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Weighted average prepayment speeds, 20%</link:label>
    <link:label id="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed_B779355D2B4B11A46FE1B1D5B985FDA1_label_en-US" xlink:label="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed_B779355D2B4B11A46FE1B1D5B985FDA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 20 Percent Adverse Change in Prepayment Speed</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed" xlink:label="loc_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed_B779355D2B4B11A46FE1B1D5B985FDA1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed_B779355D2B4B11A46FE1B1D5B985FDA1" xlink:to="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed_B779355D2B4B11A46FE1B1D5B985FDA1" xlink:type="arc" />
    <link:label id="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate_3DBA7026EF5DB7A71AD7B1D5B985B2D7_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate_3DBA7026EF5DB7A71AD7B1D5B985B2D7" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Discount rate (Option-adjusted spread), 10%</link:label>
    <link:label id="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate_3DBA7026EF5DB7A71AD7B1D5B985B2D7_label_en-US" xlink:label="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate_3DBA7026EF5DB7A71AD7B1D5B985B2D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 10 Percent Adverse Change in Discount Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate" xlink:label="loc_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate_3DBA7026EF5DB7A71AD7B1D5B985B2D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate_3DBA7026EF5DB7A71AD7B1D5B985B2D7" xlink:to="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate_3DBA7026EF5DB7A71AD7B1D5B985B2D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate_37C3B95B2A5738CAB9A1B1D5B985EE06_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate_37C3B95B2A5738CAB9A1B1D5B985EE06" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Discount rate (Option-adjusted spread), 20%</link:label>
    <link:label id="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate_37C3B95B2A5738CAB9A1B1D5B985EE06_label_en-US" xlink:label="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate_37C3B95B2A5738CAB9A1B1D5B985EE06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 20 Percent Adverse Change in Discount Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate" xlink:label="loc_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate_37C3B95B2A5738CAB9A1B1D5B985EE06" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate_37C3B95B2A5738CAB9A1B1D5B985EE06" xlink:to="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate_37C3B95B2A5738CAB9A1B1D5B985EE06" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1CE51C1E488FC057E7BEB1D5B902EB6A_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1CE51C1E488FC057E7BEB1D5B902EB6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingencies</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1CE51C1E488FC057E7BEB1D5B902EB6A_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1CE51C1E488FC057E7BEB1D5B902EB6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1CE51C1E488FC057E7BEB1D5B902EB6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1CE51C1E488FC057E7BEB1D5B902EB6A" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1CE51C1E488FC057E7BEB1D5B902EB6A" xlink:type="arc" />
    <link:label id="lab_ocn_PrincipalAndInterestAdvances_681230A8211798935AE1B1D5B858C149_terseLabel_en-US" xlink:label="lab_ocn_PrincipalAndInterestAdvances_681230A8211798935AE1B1D5B858C149" 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_681230A8211798935AE1B1D5B858C149_label_en-US" xlink:label="lab_ocn_PrincipalAndInterestAdvances_681230A8211798935AE1B1D5B858C149" 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_681230A8211798935AE1B1D5B858C149_documentation_en-US" xlink:label="lab_ocn_PrincipalAndInterestAdvances_681230A8211798935AE1B1D5B858C149" 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-20151231.xsd#ocn_PrincipalAndInterestAdvances" xlink:label="loc_ocn_PrincipalAndInterestAdvances_681230A8211798935AE1B1D5B858C149" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PrincipalAndInterestAdvances_681230A8211798935AE1B1D5B858C149" xlink:to="lab_ocn_PrincipalAndInterestAdvances_681230A8211798935AE1B1D5B858C149" xlink:type="arc" />
    <link:label id="lab_ocn_TaxesAndInsuranceAdvances_DCBA4076B29041A61693B1D5B858BAB4_terseLabel_en-US" xlink:label="lab_ocn_TaxesAndInsuranceAdvances_DCBA4076B29041A61693B1D5B858BAB4" 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_DCBA4076B29041A61693B1D5B858BAB4_label_en-US" xlink:label="lab_ocn_TaxesAndInsuranceAdvances_DCBA4076B29041A61693B1D5B858BAB4" 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_DCBA4076B29041A61693B1D5B858BAB4_documentation_en-US" xlink:label="lab_ocn_TaxesAndInsuranceAdvances_DCBA4076B29041A61693B1D5B858BAB4" 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-20151231.xsd#ocn_TaxesAndInsuranceAdvances" xlink:label="loc_ocn_TaxesAndInsuranceAdvances_DCBA4076B29041A61693B1D5B858BAB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TaxesAndInsuranceAdvances_DCBA4076B29041A61693B1D5B858BAB4" xlink:to="lab_ocn_TaxesAndInsuranceAdvances_DCBA4076B29041A61693B1D5B858BAB4" xlink:type="arc" />
    <link:label id="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_3B2FBD1F6CFA26AA0DBDB1D5B858783A_terseLabel_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_3B2FBD1F6CFA26AA0DBDB1D5B858783A" 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_3B2FBD1F6CFA26AA0DBDB1D5B858783A_label_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_3B2FBD1F6CFA26AA0DBDB1D5B858783A" 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_3B2FBD1F6CFA26AA0DBDB1D5B858783A_documentation_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_3B2FBD1F6CFA26AA0DBDB1D5B858783A" 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-20151231.xsd#ocn_ForeclosuresBankruptcyRealEstateAndOther" xlink:label="loc_ocn_ForeclosuresBankruptcyRealEstateAndOther_3B2FBD1F6CFA26AA0DBDB1D5B858783A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ForeclosuresBankruptcyRealEstateAndOther_3B2FBD1F6CFA26AA0DBDB1D5B858783A" xlink:to="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_3B2FBD1F6CFA26AA0DBDB1D5B858783A" xlink:type="arc" />
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_BFEDD6AE335F09C3C446B1D5B8591C51_totalLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_BFEDD6AE335F09C3C446B1D5B8591C51" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Match funded advances</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:label="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_BFEDD6AE335F09C3C446B1D5B8591C51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_BFEDD6AE335F09C3C446B1D5B8591C51" xlink:to="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_BFEDD6AE335F09C3C446B1D5B8591C51" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityRollForward_CFC73B273938ACA618290947AFB77FAC_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityRollForward_CFC73B273938ACA618290947AFB77FAC" 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_CFC73B273938ACA618290947AFB77FAC_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityRollForward_CFC73B273938ACA618290947AFB77FAC" 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_CFC73B273938ACA618290947AFB77FAC_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityRollForward_CFC73B273938ACA618290947AFB77FAC" 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-20151231.xsd#ocn_IndemnificationObligationsLiabilityRollForward" xlink:label="loc_ocn_IndemnificationObligationsLiabilityRollForward_CFC73B273938ACA618290947AFB77FAC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityRollForward_CFC73B273938ACA618290947AFB77FAC" xlink:to="lab_ocn_IndemnificationObligationsLiabilityRollForward_CFC73B273938ACA618290947AFB77FAC" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiability_666AAB588AD606D61EF90947AFB7CCAA_periodStartLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_666AAB588AD606D61EF90947AFB7CCAA" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IndemnificationObligationsLiability" xlink:label="loc_ocn_IndemnificationObligationsLiability_666AAB588AD606D61EF90947AFB7CCAA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiability_666AAB588AD606D61EF90947AFB7CCAA" xlink:to="lab_ocn_IndemnificationObligationsLiability_666AAB588AD606D61EF90947AFB7CCAA" xlink:type="arc" />
    <link:label id="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_2D8A1A88B7438605B37A0947AFB702DE_terseLabel_en-US" xlink:label="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_2D8A1A88B7438605B37A0947AFB702DE" 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_2D8A1A88B7438605B37A0947AFB702DE_label_en-US" xlink:label="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_2D8A1A88B7438605B37A0947AFB702DE" 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_2D8A1A88B7438605B37A0947AFB702DE_documentation_en-US" xlink:label="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_2D8A1A88B7438605B37A0947AFB702DE" 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-20151231.xsd#ocn_ProvisionForRepresentationAndWarrantyObligations" xlink:label="loc_ocn_ProvisionForRepresentationAndWarrantyObligations_2D8A1A88B7438605B37A0947AFB702DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProvisionForRepresentationAndWarrantyObligations_2D8A1A88B7438605B37A0947AFB702DE" xlink:to="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_2D8A1A88B7438605B37A0947AFB702DE" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityReserves_E31A4890D3620ED7356F0947AFB7F4A1_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityReserves_E31A4890D3620ED7356F0947AFB7F4A1" 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_E31A4890D3620ED7356F0947AFB7F4A1_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityReserves_E31A4890D3620ED7356F0947AFB7F4A1" 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_E31A4890D3620ED7356F0947AFB7F4A1_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityReserves_E31A4890D3620ED7356F0947AFB7F4A1" 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-20151231.xsd#ocn_IndemnificationObligationsLiabilityReserves" xlink:label="loc_ocn_IndemnificationObligationsLiabilityReserves_E31A4890D3620ED7356F0947AFB7F4A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityReserves_E31A4890D3620ED7356F0947AFB7F4A1" xlink:to="lab_ocn_IndemnificationObligationsLiabilityReserves_E31A4890D3620ED7356F0947AFB7F4A1" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_B9AB7C22CFAB002318D10947AFB793FB_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_B9AB7C22CFAB002318D10947AFB793FB" 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_B9AB7C22CFAB002318D10947AFB793FB_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_B9AB7C22CFAB002318D10947AFB793FB" 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_B9AB7C22CFAB002318D10947AFB793FB_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_B9AB7C22CFAB002318D10947AFB793FB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indemnification Obligations Assumed With MSR And Servicing Business Acquisitions</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions" xlink:label="loc_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_B9AB7C22CFAB002318D10947AFB793FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_B9AB7C22CFAB002318D10947AFB793FB" xlink:to="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_B9AB7C22CFAB002318D10947AFB793FB" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale_838EDE228D29080D882C0947AFB84DF3_negatedTerseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale_838EDE228D29080D882C0947AFB84DF3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payments made in connection with sales of MSRs</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale_838EDE228D29080D882C0947AFB84DF3_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale_838EDE228D29080D882C0947AFB84DF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indemnification Obligations Liability Payments Made In Connection With Mortgage Servicing Rights Sale</link:label>
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale_838EDE228D29080D882C0947AFB84DF3_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale_838EDE228D29080D882C0947AFB84DF3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indemnification obligations liability payments made in connection with mortgage servicing rights sale.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale" xlink:label="loc_ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale_838EDE228D29080D882C0947AFB84DF3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale_838EDE228D29080D882C0947AFB84DF3" xlink:to="lab_ocn_IndemnificationObligationsLiabilityPaymentsMadeInConnectionWithMortgageServicingRightsSale_838EDE228D29080D882C0947AFB84DF3" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_3877DDA93B73F4B92F370947AFB8EAE1_negatedTerseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_3877DDA93B73F4B92F370947AFB8EAE1" 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_3877DDA93B73F4B92F370947AFB8EAE1_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_3877DDA93B73F4B92F370947AFB8EAE1" 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_3877DDA93B73F4B92F370947AFB8EAE1_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_3877DDA93B73F4B92F370947AFB8EAE1" 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-20151231.xsd#ocn_IndemnificationObligationsLiabilityChargeOffs" xlink:label="loc_ocn_IndemnificationObligationsLiabilityChargeOffs_3877DDA93B73F4B92F370947AFB8EAE1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityChargeOffs_3877DDA93B73F4B92F370947AFB8EAE1" xlink:to="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_3877DDA93B73F4B92F370947AFB8EAE1" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiability_7D88C3A13E153EC93E350947AFB8DCB1_periodEndLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_7D88C3A13E153EC93E350947AFB8DCB1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_IndemnificationObligationsLiability" xlink:label="loc_ocn_IndemnificationObligationsLiability_7D88C3A13E153EC93E350947AFB8DCB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiability_7D88C3A13E153EC93E350947AFB8DCB1" xlink:to="lab_ocn_IndemnificationObligationsLiability_7D88C3A13E153EC93E350947AFB8DCB1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_FADA41EDD05B37227C59B1D5BD6BD05F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_FADA41EDD05B37227C59B1D5BD6BD05F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Accumulated Other Comprehensive Loss (AOCL), Net of Income Taxes</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_FADA41EDD05B37227C59B1D5BD6BD05F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_FADA41EDD05B37227C59B1D5BD6BD05F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_FADA41EDD05B37227C59B1D5BD6BD05F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_FADA41EDD05B37227C59B1D5BD6BD05F" xlink:to="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_FADA41EDD05B37227C59B1D5BD6BD05F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EurodollarMember_FC56A933276C4281F0E6E41966DAE26F_terseLabel_en-US" xlink:label="lab_us-gaap_EurodollarMember_FC56A933276C4281F0E6E41966DAE26F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Eurodollar [Member]</link:label>
    <link:label id="lab_us-gaap_EurodollarMember_FC56A933276C4281F0E6E41966DAE26F_label_en-US" xlink:label="lab_us-gaap_EurodollarMember_FC56A933276C4281F0E6E41966DAE26F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eurodollar [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EurodollarMember" xlink:label="loc_us-gaap_EurodollarMember_FC56A933276C4281F0E6E41966DAE26F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EurodollarMember_FC56A933276C4281F0E6E41966DAE26F" xlink:to="lab_us-gaap_EurodollarMember_FC56A933276C4281F0E6E41966DAE26F" xlink:type="arc" />
    <link:label id="lab_ocn_MasterRepurchaseAgreementThreeMember_708F21A018CE74808B7FE41966E03AB4_terseLabel_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementThreeMember_708F21A018CE74808B7FE41966E03AB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Master Repurchase Agreement [Member]</link:label>
    <link:label id="lab_ocn_MasterRepurchaseAgreementThreeMember_708F21A018CE74808B7FE41966E03AB4_label_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementThreeMember_708F21A018CE74808B7FE41966E03AB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Master Repurchase Agreement Three [Member]</link:label>
    <link:label id="lab_ocn_MasterRepurchaseAgreementThreeMember_708F21A018CE74808B7FE41966E03AB4_documentation_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementThreeMember_708F21A018CE74808B7FE41966E03AB4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Master Repurchase Agreement Three [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MasterRepurchaseAgreementThreeMember" xlink:label="loc_ocn_MasterRepurchaseAgreementThreeMember_708F21A018CE74808B7FE41966E03AB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MasterRepurchaseAgreementThreeMember_708F21A018CE74808B7FE41966E03AB4" xlink:to="lab_ocn_MasterRepurchaseAgreementThreeMember_708F21A018CE74808B7FE41966E03AB4" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDate_184E1AAC717BD6B5A078E41966E04E4E_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDate_184E1AAC717BD6B5A078E41966E04E4E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Maturity date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="loc_us-gaap_DebtInstrumentMaturityDate_184E1AAC717BD6B5A078E41966E04E4E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentMaturityDate_184E1AAC717BD6B5A078E41966E04E4E" xlink:to="lab_us-gaap_DebtInstrumentMaturityDate_184E1AAC717BD6B5A078E41966E04E4E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_316302A4902F80FEE783E41966E18596_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount_316302A4902F80FEE783E41966E18596" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Discount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedDiscount_316302A4902F80FEE783E41966E18596" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnamortizedDiscount_316302A4902F80FEE783E41966E18596" xlink:to="lab_us-gaap_DebtInstrumentUnamortizedDiscount_316302A4902F80FEE783E41966E18596" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_EF541D858FA4099D05C3E41966E1F230_terseLabel_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_EF541D858FA4099D05C3E41966E1F230" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average interest rate</link:label>
    <link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_EF541D858FA4099D05C3E41966E1F230_label_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_EF541D858FA4099D05C3E41966E1F230" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt, Weighted Average Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="loc_us-gaap_DebtWeightedAverageInterestRate_EF541D858FA4099D05C3E41966E1F230" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtWeightedAverageInterestRate_EF541D858FA4099D05C3E41966E1F230" xlink:to="lab_us-gaap_DebtWeightedAverageInterestRate_EF541D858FA4099D05C3E41966E1F230" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_83D905016A5D18FC2662B1D5BA53A571_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_83D905016A5D18FC2662B1D5BA53A571" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_83D905016A5D18FC2662B1D5BA53A571_label_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_83D905016A5D18FC2662B1D5BA53A571" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_83D905016A5D18FC2662B1D5BA53A571" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_83D905016A5D18FC2662B1D5BA53A571" xlink:to="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_83D905016A5D18FC2662B1D5BA53A571" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_304188A758AA70524A72B1D5BA539B16_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_304188A758AA70524A72B1D5BA539B16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_304188A758AA70524A72B1D5BA539B16_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_304188A758AA70524A72B1D5BA539B16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentByTypeAxis_304188A758AA70524A72B1D5BA539B16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentByTypeAxis_304188A758AA70524A72B1D5BA539B16" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_304188A758AA70524A72B1D5BA539B16" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_1D115337125E4E110402B1D5BA537905_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_1D115337125E4E110402B1D5BA537905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_1D115337125E4E110402B1D5BA537905_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_1D115337125E4E110402B1D5BA537905" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentTypeDomain_1D115337125E4E110402B1D5BA537905" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentTypeDomain_1D115337125E4E110402B1D5BA537905" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_1D115337125E4E110402B1D5BA537905" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComputerEquipmentMember_A8749DCF7AE6E88C02A9B1D5BA53F471_terseLabel_en-US" xlink:label="lab_us-gaap_ComputerEquipmentMember_A8749DCF7AE6E88C02A9B1D5BA53F471" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Computer Hardware and Software [Member]</link:label>
    <link:label id="lab_us-gaap_ComputerEquipmentMember_A8749DCF7AE6E88C02A9B1D5BA53F471_label_en-US" xlink:label="lab_us-gaap_ComputerEquipmentMember_A8749DCF7AE6E88C02A9B1D5BA53F471" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Computer Equipment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ComputerEquipmentMember" xlink:label="loc_us-gaap_ComputerEquipmentMember_A8749DCF7AE6E88C02A9B1D5BA53F471" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComputerEquipmentMember_A8749DCF7AE6E88C02A9B1D5BA53F471" xlink:to="lab_us-gaap_ComputerEquipmentMember_A8749DCF7AE6E88C02A9B1D5BA53F471" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeaseholdImprovementsMember_3F2E5C393D3245EAD312B1D5BA5823DE_terseLabel_en-US" xlink:label="lab_us-gaap_LeaseholdImprovementsMember_3F2E5C393D3245EAD312B1D5BA5823DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leasehold Improvements [Member]</link:label>
    <link:label id="lab_us-gaap_LeaseholdImprovementsMember_3F2E5C393D3245EAD312B1D5BA5823DE_label_en-US" xlink:label="lab_us-gaap_LeaseholdImprovementsMember_3F2E5C393D3245EAD312B1D5BA5823DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leasehold Improvements [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="loc_us-gaap_LeaseholdImprovementsMember_3F2E5C393D3245EAD312B1D5BA5823DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeaseholdImprovementsMember_3F2E5C393D3245EAD312B1D5BA5823DE" xlink:to="lab_us-gaap_LeaseholdImprovementsMember_3F2E5C393D3245EAD312B1D5BA5823DE" xlink:type="arc" />
    <link:label id="lab_ocn_OfficeEquipmentandOtherMember_7CE9152F293723F171CAB1D5BA589E19_terseLabel_en-US" xlink:label="lab_ocn_OfficeEquipmentandOtherMember_7CE9152F293723F171CAB1D5BA589E19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Office Equipment and Other [Member]</link:label>
    <link:label id="lab_ocn_OfficeEquipmentandOtherMember_7CE9152F293723F171CAB1D5BA589E19_label_en-US" xlink:label="lab_ocn_OfficeEquipmentandOtherMember_7CE9152F293723F171CAB1D5BA589E19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Office Equipment and Other [Member]</link:label>
    <link:label id="lab_ocn_OfficeEquipmentandOtherMember_7CE9152F293723F171CAB1D5BA589E19_documentation_en-US" xlink:label="lab_ocn_OfficeEquipmentandOtherMember_7CE9152F293723F171CAB1D5BA589E19" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Office Equipment and Other [Member]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OfficeEquipmentandOtherMember" xlink:label="loc_ocn_OfficeEquipmentandOtherMember_7CE9152F293723F171CAB1D5BA589E19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OfficeEquipmentandOtherMember_7CE9152F293723F171CAB1D5BA589E19" xlink:to="lab_ocn_OfficeEquipmentandOtherMember_7CE9152F293723F171CAB1D5BA589E19" xlink:type="arc" />
    <link:label id="lab_us-gaap_BuildingMember_81AB0AD0CD9529D8EBB8B1D5BA580065_terseLabel_en-US" xlink:label="lab_us-gaap_BuildingMember_81AB0AD0CD9529D8EBB8B1D5BA580065" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings [Member]</link:label>
    <link:label id="lab_us-gaap_BuildingMember_81AB0AD0CD9529D8EBB8B1D5BA580065_label_en-US" xlink:label="lab_us-gaap_BuildingMember_81AB0AD0CD9529D8EBB8B1D5BA580065" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Building [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BuildingMember" xlink:label="loc_us-gaap_BuildingMember_81AB0AD0CD9529D8EBB8B1D5BA580065" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BuildingMember_81AB0AD0CD9529D8EBB8B1D5BA580065" xlink:to="lab_us-gaap_BuildingMember_81AB0AD0CD9529D8EBB8B1D5BA580065" xlink:type="arc" />
    <link:label id="lab_us-gaap_FurnitureAndFixturesMember_753E7B4AAC50963D7B15B1D5BA584256_terseLabel_en-US" xlink:label="lab_us-gaap_FurnitureAndFixturesMember_753E7B4AAC50963D7B15B1D5BA584256" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Furniture and Fixtures [Member]</link:label>
    <link:label id="lab_us-gaap_FurnitureAndFixturesMember_753E7B4AAC50963D7B15B1D5BA584256_label_en-US" xlink:label="lab_us-gaap_FurnitureAndFixturesMember_753E7B4AAC50963D7B15B1D5BA584256" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Furniture and Fixtures [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FurnitureAndFixturesMember" xlink:label="loc_us-gaap_FurnitureAndFixturesMember_753E7B4AAC50963D7B15B1D5BA584256" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FurnitureAndFixturesMember_753E7B4AAC50963D7B15B1D5BA584256" xlink:to="lab_us-gaap_FurnitureAndFixturesMember_753E7B4AAC50963D7B15B1D5BA584256" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_2E4802D87ECE42D67E36B1D5BA58320D_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_2E4802D87ECE42D67E36B1D5BA58320D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_2E4802D87ECE42D67E36B1D5BA58320D_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_2E4802D87ECE42D67E36B1D5BA58320D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentLineItems_2E4802D87ECE42D67E36B1D5BA58320D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentLineItems_2E4802D87ECE42D67E36B1D5BA58320D" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentLineItems_2E4802D87ECE42D67E36B1D5BA58320D" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_F1EB35CF56CF6F084366B1D5BA58BF5E_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_F1EB35CF56CF6F084366B1D5BA58BF5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premises and equipment, gross</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_F1EB35CF56CF6F084366B1D5BA58BF5E_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_F1EB35CF56CF6F084366B1D5BA58BF5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross_F1EB35CF56CF6F084366B1D5BA58BF5E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentGross_F1EB35CF56CF6F084366B1D5BA58BF5E" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentGross_F1EB35CF56CF6F084366B1D5BA58BF5E" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_80E37BEB61D4AFB85B9CB1D5BA588210_negatedLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_80E37BEB61D4AFB85B9CB1D5BA588210" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less accumulated depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_80E37BEB61D4AFB85B9CB1D5BA588210_label_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_80E37BEB61D4AFB85B9CB1D5BA588210" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_80E37BEB61D4AFB85B9CB1D5BA588210" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_80E37BEB61D4AFB85B9CB1D5BA588210" xlink:to="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_80E37BEB61D4AFB85B9CB1D5BA588210" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_96407DC6FF387B1C8EA7B1D5BA58E5FC_totalLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_96407DC6FF387B1C8EA7B1D5BA58E5FC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Premises and equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_96407DC6FF387B1C8EA7B1D5BA58E5FC_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_96407DC6FF387B1C8EA7B1D5BA58E5FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_96407DC6FF387B1C8EA7B1D5BA58E5FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_96407DC6FF387B1C8EA7B1D5BA58E5FC" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_96407DC6FF387B1C8EA7B1D5BA58E5FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_D8E5683CCF29BD32AF47B1D5BD51F9EB_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_D8E5683CCF29BD32AF47B1D5BD51F9EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Receivables</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_D8E5683CCF29BD32AF47B1D5BD51F9EB_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_D8E5683CCF29BD32AF47B1D5BD51F9EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock" xlink:label="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_D8E5683CCF29BD32AF47B1D5BD51F9EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_D8E5683CCF29BD32AF47B1D5BD51F9EB" xlink:to="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_D8E5683CCF29BD32AF47B1D5BD51F9EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_5F44023806F90375280E178972292224_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_5F44023806F90375280E178972292224" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_5F44023806F90375280E178972292224" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_5F44023806F90375280E178972292224" xlink:to="lab_us-gaap_AssetsAbstract_5F44023806F90375280E178972292224" xlink:type="arc" />
    <link:label id="lab_us-gaap_Cash_297A3F3864EB64D9BE191789722964E3_terseLabel_en-US" xlink:label="lab_us-gaap_Cash_297A3F3864EB64D9BE191789722964E3" 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_297A3F3864EB64D9BE191789722964E3_label_en-US" xlink:label="lab_us-gaap_Cash_297A3F3864EB64D9BE191789722964E3" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Cash" xlink:label="loc_us-gaap_Cash_297A3F3864EB64D9BE191789722964E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Cash_297A3F3864EB64D9BE191789722964E3" xlink:to="lab_us-gaap_Cash_297A3F3864EB64D9BE191789722964E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAsset_ECD446D50243CF2565BC1789722960CA_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAsset_ECD446D50243CF2565BC1789722960CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights ($761,190 and $93,901 carried at fair value)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAsset" xlink:label="loc_us-gaap_ServicingAsset_ECD446D50243CF2565BC1789722960CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAsset_ECD446D50243CF2565BC1789722960CA" xlink:to="lab_us-gaap_ServicingAsset_ECD446D50243CF2565BC1789722960CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_A280E008F573602C1E4B17897229E6E3_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_A280E008F573602C1E4B17897229E6E3" 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_A280E008F573602C1E4B17897229E6E3_label_en-US" xlink:label="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_A280E008F573602C1E4B17897229E6E3" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount" xlink:label="loc_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_A280E008F573602C1E4B17897229E6E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_A280E008F573602C1E4B17897229E6E3" xlink:to="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_A280E008F573602C1E4B17897229E6E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansHeldForSaleMortgages_98E488C6D5D421425B81178972294672_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleMortgages_98E488C6D5D421425B81178972294672" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loans held for sale ($309,054 and $401,120 carried at fair value)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LoansHeldForSaleMortgages" xlink:label="loc_us-gaap_LoansHeldForSaleMortgages_98E488C6D5D421425B81178972294672" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansHeldForSaleMortgages_98E488C6D5D421425B81178972294672" xlink:to="lab_us-gaap_LoansHeldForSaleMortgages_98E488C6D5D421425B81178972294672" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_F59BDF7FB2B4B5D7F0F11789722900AB_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_F59BDF7FB2B4B5D7F0F11789722900AB" 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_F59BDF7FB2B4B5D7F0F11789722900AB_label_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_F59BDF7FB2B4B5D7F0F11789722900AB" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="loc_us-gaap_LoansReceivableFairValueDisclosure_F59BDF7FB2B4B5D7F0F11789722900AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableFairValueDisclosure_F59BDF7FB2B4B5D7F0F11789722900AB" xlink:to="lab_us-gaap_LoansReceivableFairValueDisclosure_F59BDF7FB2B4B5D7F0F11789722900AB" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherReceivables_DBE562D0E7F196E174E21789722A925C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherReceivables_DBE562D0E7F196E174E21789722A925C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables, net</link:label>
    <link:label id="lab_us-gaap_OtherReceivables_DBE562D0E7F196E174E21789722A925C_label_en-US" xlink:label="lab_us-gaap_OtherReceivables_DBE562D0E7F196E174E21789722A925C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaap_OtherReceivables_DBE562D0E7F196E174E21789722A925C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherReceivables_DBE562D0E7F196E174E21789722A925C" xlink:to="lab_us-gaap_OtherReceivables_DBE562D0E7F196E174E21789722A925C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_3B812C5384C75F43D11F1789722AFAE6_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_3B812C5384C75F43D11F1789722AFAE6" 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_3B812C5384C75F43D11F1789722AFAE6_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_3B812C5384C75F43D11F1789722AFAE6" 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>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_3B812C5384C75F43D11F1789722AFAE6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_3B812C5384C75F43D11F1789722AFAE6" xlink:to="lab_us-gaap_DeferredTaxAssetsNet_3B812C5384C75F43D11F1789722AFAE6" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_05D6BE162DAC725ADF8D1789722AEE99_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_05D6BE162DAC725ADF8D1789722AEE99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premises and equipment, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_05D6BE162DAC725ADF8D1789722AEE99" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_05D6BE162DAC725ADF8D1789722AEE99" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_05D6BE162DAC725ADF8D1789722AEE99" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssets_151B20AA79C1A25F1B051789722A6467_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_151B20AA79C1A25F1B051789722A6467" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets ($14,352 and $7,335 carried at fair value)</link:label>
    <link:label id="lab_us-gaap_OtherAssets_151B20AA79C1A25F1B051789722A6467_label_en-US" xlink:label="lab_us-gaap_OtherAssets_151B20AA79C1A25F1B051789722A6467" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_151B20AA79C1A25F1B051789722A6467" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_151B20AA79C1A25F1B051789722A6467" xlink:to="lab_us-gaap_OtherAssets_151B20AA79C1A25F1B051789722A6467" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_5177C159A5D84C944A2C1789722AD8C4_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_5177C159A5D84C944A2C1789722AD8C4" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_5177C159A5D84C944A2C1789722AD8C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_5177C159A5D84C944A2C1789722AD8C4" xlink:to="lab_us-gaap_Assets_5177C159A5D84C944A2C1789722AD8C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8318F7D79B4C9A2597261789722ABA5E_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8318F7D79B4C9A2597261789722ABA5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8318F7D79B4C9A2597261789722ABA5E_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8318F7D79B4C9A2597261789722ABA5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8318F7D79B4C9A2597261789722ABA5E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8318F7D79B4C9A2597261789722ABA5E" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8318F7D79B4C9A2597261789722ABA5E" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAbstract_5FF25615E8DDA09383781789722AB6C6_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_5FF25615E8DDA09383781789722AB6C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_5FF25615E8DDA09383781789722AB6C6_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_5FF25615E8DDA09383781789722AB6C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_5FF25615E8DDA09383781789722AB6C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_5FF25615E8DDA09383781789722AB6C6" xlink:to="lab_us-gaap_LiabilitiesAbstract_5FF25615E8DDA09383781789722AB6C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_AB71538609A2E68853441789722A5851_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_AB71538609A2E68853441789722A5851" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financing liabilities ($2,933,066 and $2,058,693 carried at fair value)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_AB71538609A2E68853441789722A5851" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_AB71538609A2E68853441789722A5851" xlink:to="lab_us-gaap_DebtInstrumentCarryingAmount_AB71538609A2E68853441789722A5851" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredDebtOther_E3A4C5769EBF11DF960E1789722A7876_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebtOther_E3A4C5769EBF11DF960E1789722A7876" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other secured borrowings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SecuredDebtOther" xlink:label="loc_us-gaap_SecuredDebtOther_E3A4C5769EBF11DF960E1789722A7876" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredDebtOther_E3A4C5769EBF11DF960E1789722A7876" xlink:to="lab_us-gaap_SecuredDebtOther_E3A4C5769EBF11DF960E1789722A7876" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilities_3276E38D5659A5290A411789722A03DB_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_3276E38D5659A5290A411789722A03DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_3276E38D5659A5290A411789722A03DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilities_3276E38D5659A5290A411789722A03DB" xlink:to="lab_us-gaap_OtherLiabilities_3276E38D5659A5290A411789722A03DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_2C88CB09A5FC5998E9041789722A6C67_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_2C88CB09A5FC5998E9041789722A6C67" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_us-gaap_Liabilities_2C88CB09A5FC5998E9041789722A6C67_label_en-US" xlink:label="lab_us-gaap_Liabilities_2C88CB09A5FC5998E9041789722A6C67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_2C88CB09A5FC5998E9041789722A6C67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_2C88CB09A5FC5998E9041789722A6C67" xlink:to="lab_us-gaap_Liabilities_2C88CB09A5FC5998E9041789722A6C67" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_684C213EA7A3DF9389481789722ABF90_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_684C213EA7A3DF9389481789722ABF90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies (Notes 26 and 27)</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_684C213EA7A3DF9389481789722ABF90_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_684C213EA7A3DF9389481789722ABF90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_684C213EA7A3DF9389481789722ABF90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingencies_684C213EA7A3DF9389481789722ABF90" xlink:to="lab_us-gaap_CommitmentsAndContingencies_684C213EA7A3DF9389481789722ABF90" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_A56660CB7978B27FB8291789722AD03E_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_A56660CB7978B27FB8291789722AD03E" 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_StockholdersEquityAbstract_A56660CB7978B27FB8291789722AD03E_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_A56660CB7978B27FB8291789722AD03E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_A56660CB7978B27FB8291789722AD03E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityAbstract_A56660CB7978B27FB8291789722AD03E" xlink:to="lab_us-gaap_StockholdersEquityAbstract_A56660CB7978B27FB8291789722AD03E" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockValue_D35AD1B11A28A156D0721789722B8A8B_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_D35AD1B11A28A156D0721789722B8A8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, $.01 par value; 200,000,000 shares authorized; 124,774,516 and 125,215,615 shares issued and outstanding at December 31, 2015 and 2014, respectively</link:label>
    <link:label id="lab_us-gaap_CommonStockValue_D35AD1B11A28A156D0721789722B8A8B_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_D35AD1B11A28A156D0721789722B8A8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_D35AD1B11A28A156D0721789722B8A8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockValue_D35AD1B11A28A156D0721789722B8A8B" xlink:to="lab_us-gaap_CommonStockValue_D35AD1B11A28A156D0721789722B8A8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapital_010654574A801088BC9F1789722B893A_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_010654574A801088BC9F1789722B893A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional paid-in capital</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapital_010654574A801088BC9F1789722B893A_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_010654574A801088BC9F1789722B893A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid in Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_010654574A801088BC9F1789722B893A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapital_010654574A801088BC9F1789722B893A" xlink:to="lab_us-gaap_AdditionalPaidInCapital_010654574A801088BC9F1789722B893A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_B1182EAD9F63E0795C961789722B4B83_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_B1182EAD9F63E0795C961789722B4B83" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_B1182EAD9F63E0795C961789722B4B83_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_B1182EAD9F63E0795C961789722B4B83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings (Accumulated Deficit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_B1182EAD9F63E0795C961789722B4B83" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsAccumulatedDeficit_B1182EAD9F63E0795C961789722B4B83" xlink:to="lab_us-gaap_RetainedEarningsAccumulatedDeficit_B1182EAD9F63E0795C961789722B4B83" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_44D22AFB378627D457BE1789722BB4ED_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_44D22AFB378627D457BE1789722BB4ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive loss, net of income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_44D22AFB378627D457BE1789722BB4ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_44D22AFB378627D457BE1789722BB4ED" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_44D22AFB378627D457BE1789722BB4ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_DDB75C4A671D290BA71C1789722BAA08_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_DDB75C4A671D290BA71C1789722BAA08" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Ocwen stockholders&#8217; equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_DDB75C4A671D290BA71C1789722BAA08_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_DDB75C4A671D290BA71C1789722BAA08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_DDB75C4A671D290BA71C1789722BAA08" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_DDB75C4A671D290BA71C1789722BAA08" xlink:to="lab_us-gaap_StockholdersEquity_DDB75C4A671D290BA71C1789722BAA08" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterest_3D9F52B1E1698A238AF91789722B6393_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterest_3D9F52B1E1698A238AF91789722B6393" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest in subsidiaries</link:label>
    <link:label id="lab_us-gaap_MinorityInterest_3D9F52B1E1698A238AF91789722B6393_label_en-US" xlink:label="lab_us-gaap_MinorityInterest_3D9F52B1E1698A238AF91789722B6393" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_3D9F52B1E1698A238AF91789722B6393" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterest_3D9F52B1E1698A238AF91789722B6393" xlink:to="lab_us-gaap_MinorityInterest_3D9F52B1E1698A238AF91789722B6393" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_506975A58951AFD7CB061789722B2642_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_506975A58951AFD7CB061789722B2642" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_506975A58951AFD7CB061789722B2642" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_506975A58951AFD7CB061789722B2642" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_506975A58951AFD7CB061789722B2642" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_1F79081483E58CD569051789722B2DFC_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_1F79081483E58CD569051789722B2DFC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_1F79081483E58CD569051789722B2DFC_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_1F79081483E58CD569051789722B2DFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_1F79081483E58CD569051789722B2DFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_1F79081483E58CD569051789722B2DFC" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_1F79081483E58CD569051789722B2DFC" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_FF18BB24983C7CBDA86BB1D5B9DD7DFF_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_FF18BB24983C7CBDA86BB1D5B9DD7DFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic and Diluted Earnings (Loss) per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_FF18BB24983C7CBDA86BB1D5B9DD7DFF_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_FF18BB24983C7CBDA86BB1D5B9DD7DFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_FF18BB24983C7CBDA86BB1D5B9DD7DFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareTextBlock_FF18BB24983C7CBDA86BB1D5B9DD7DFF" xlink:to="lab_us-gaap_EarningsPerShareTextBlock_FF18BB24983C7CBDA86BB1D5B9DD7DFF" xlink:type="arc" />
    <link:label id="lab_us-gaap_BrokersAndDealersAbstract_B767E86F45D955E00D65B1D5BD148ACA_label_en-US" xlink:label="lab_us-gaap_BrokersAndDealersAbstract_B767E86F45D955E00D65B1D5BD148ACA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brokers and Dealers [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BrokersAndDealersAbstract" xlink:label="loc_us-gaap_BrokersAndDealersAbstract_B767E86F45D955E00D65B1D5BD148ACA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BrokersAndDealersAbstract_B767E86F45D955E00D65B1D5BD148ACA" xlink:to="lab_us-gaap_BrokersAndDealersAbstract_B767E86F45D955E00D65B1D5BD148ACA" xlink:type="arc" />
    <link:label id="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_1D418E69C377508385E6B1D5BD144245_terseLabel_en-US" xlink:label="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_1D418E69C377508385E6B1D5BD144245" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital requirement based on outstanding UPB of owned and subserviced portfolio</link:label>
    <link:label id="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_1D418E69C377508385E6B1D5BD144245_label_en-US" xlink:label="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_1D418E69C377508385E6B1D5BD144245" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Requirement, Unpaid Principal Balance</link:label>
    <link:label id="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_1D418E69C377508385E6B1D5BD144245_documentation_en-US" xlink:label="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_1D418E69C377508385E6B1D5BD144245" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Requirement, Unpaid Principal Balance</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_CapitalRequirementUnpaidPrincipalBalance" xlink:label="loc_ocn_CapitalRequirementUnpaidPrincipalBalance_1D418E69C377508385E6B1D5BD144245" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CapitalRequirementUnpaidPrincipalBalance_1D418E69C377508385E6B1D5BD144245" xlink:to="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_1D418E69C377508385E6B1D5BD144245" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements_1EDCC157EDE296711EF3B1D5BD14A48F_terseLabel_en-US" xlink:label="lab_ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements_1EDCC157EDE296711EF3B1D5BD14A48F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of days from fiscal year end that servicer is obliged to provide audited financial statements</link:label>
    <link:label id="lab_ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements_1EDCC157EDE296711EF3B1D5BD14A48F_label_en-US" xlink:label="lab_ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements_1EDCC157EDE296711EF3B1D5BD14A48F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Days From Fiscal Year End That Servicer Is Obliged To Provide Audited Financial Statements</link:label>
    <link:label id="lab_ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements_1EDCC157EDE296711EF3B1D5BD14A48F_documentation_en-US" xlink:label="lab_ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements_1EDCC157EDE296711EF3B1D5BD14A48F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of days from fiscal year end that servicer is obliged to provide audited financial statements.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements" xlink:label="loc_ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements_1EDCC157EDE296711EF3B1D5BD14A48F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements_1EDCC157EDE296711EF3B1D5BD14A48F" xlink:to="lab_ocn_NumberOfDaysFromFiscalYearEndThatServicerIsObligedToProvideAuditedFinancialStatements_1EDCC157EDE296711EF3B1D5BD14A48F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_5703DF9DA702DB2C55E0B1D5B948FE93_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_5703DF9DA702DB2C55E0B1D5B948FE93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Changes in Notional Balances of Holdings of Derivatives</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_5703DF9DA702DB2C55E0B1D5B948FE93_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_5703DF9DA702DB2C55E0B1D5B948FE93" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_5703DF9DA702DB2C55E0B1D5B948FE93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_5703DF9DA702DB2C55E0B1D5B948FE93" xlink:to="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_5703DF9DA702DB2C55E0B1D5B948FE93" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_92160E769B198496CEF7B1D5B948BE90_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_92160E769B198496CEF7B1D5B948BE90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Open Derivative Positions and the Gains (Losses) on all Derivatives</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_92160E769B198496CEF7B1D5B948BE90_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_92160E769B198496CEF7B1D5B948BE90" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_92160E769B198496CEF7B1D5B948BE90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_92160E769B198496CEF7B1D5B948BE90" xlink:to="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_92160E769B198496CEF7B1D5B948BE90" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_8BC4262EF84A7FB6095AB1D5B9484FB3_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_8BC4262EF84A7FB6095AB1D5B9484FB3" 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_8BC4262EF84A7FB6095AB1D5B9484FB3_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_8BC4262EF84A7FB6095AB1D5B9484FB3" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_8BC4262EF84A7FB6095AB1D5B9484FB3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_8BC4262EF84A7FB6095AB1D5B9484FB3" xlink:to="lab_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock_8BC4262EF84A7FB6095AB1D5B9484FB3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_C399A7361A12DF078E78B1D5B94830E8_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_C399A7361A12DF078E78B1D5B94830E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Income (Expense), Net Related to Derivative Financial Instruments</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_C399A7361A12DF078E78B1D5B94830E8_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_C399A7361A12DF078E78B1D5B94830E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments, Gain (Loss) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_C399A7361A12DF078E78B1D5B94830E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_C399A7361A12DF078E78B1D5B94830E8" xlink:to="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_C399A7361A12DF078E78B1D5B94830E8" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock_6C4E0D428099AB4A434BB1D5B89FF66C_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock_6C4E0D428099AB4A434BB1D5B89FF66C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Match Funded Advances on Residential Loans</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock_6C4E0D428099AB4A434BB1D5B89FF66C_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock_6C4E0D428099AB4A434BB1D5B89FF66C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Advances On Residential Loans [Table Text Block]</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock_6C4E0D428099AB4A434BB1D5B89FF66C_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock_6C4E0D428099AB4A434BB1D5B89FF66C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of match funded advances on residential loans serviced for others.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock" xlink:label="loc_ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock_6C4E0D428099AB4A434BB1D5B89FF66C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock_6C4E0D428099AB4A434BB1D5B89FF66C" xlink:to="lab_ocn_MatchFundedAdvancesOnResidentialLoansTableTextBlock_6C4E0D428099AB4A434BB1D5B89FF66C" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_00E9442B0A1AFE209464B1D5B89FDABB_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_00E9442B0A1AFE209464B1D5B89FDABB" 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_00E9442B0A1AFE209464B1D5B89FDABB_label_en-US" xlink:label="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_00E9442B0A1AFE209464B1D5B89FDABB" 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>
    <link:label id="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_00E9442B0A1AFE209464B1D5B89FDABB_documentation_en-US" xlink:label="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_00E9442B0A1AFE209464B1D5B89FDABB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Activity In Match Funded Advances [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock" xlink:label="loc_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_00E9442B0A1AFE209464B1D5B89FDABB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_00E9442B0A1AFE209464B1D5B89FDABB" xlink:to="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_00E9442B0A1AFE209464B1D5B89FDABB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_F9530E4A6036F131A934202827C12B80_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_F9530E4A6036F131A934202827C12B80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds received from securitizations</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_F9530E4A6036F131A934202827C12B80_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_F9530E4A6036F131A934202827C12B80" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale" xlink:label="loc_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_F9530E4A6036F131A934202827C12B80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_F9530E4A6036F131A934202827C12B80" xlink:to="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_F9530E4A6036F131A934202827C12B80" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_DE300A627B754E9C94E8202827C29B43_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_DE300A627B754E9C94E8202827C29B43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing fees collected</link:label>
    <link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_DE300A627B754E9C94E8202827C29B43_label_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_DE300A627B754E9C94E8202827C29B43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flows Between Transferor and Transferee, Servicing Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees" xlink:label="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_DE300A627B754E9C94E8202827C29B43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_DE300A627B754E9C94E8202827C29B43" xlink:to="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees_DE300A627B754E9C94E8202827C29B43" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets_538A2A594AC24ED00562202827C23B7D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets_538A2A594AC24ED00562202827C23B7D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchases of previously transferred assets, net of claims reimbursed</link:label>
    <link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets_538A2A594AC24ED00562202827C23B7D_label_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets_538A2A594AC24ED00562202827C23B7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flows Between Transferor and Transferee, Purchases of Previously Transferred Financial Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets" xlink:label="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets_538A2A594AC24ED00562202827C23B7D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets_538A2A594AC24ED00562202827C23B7D" xlink:to="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets_538A2A594AC24ED00562202827C23B7D" xlink:type="arc" />
    <link:label id="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_40C5A0F412A5AF7CD63A202827C2F62B_totalLabel_en-US" xlink:label="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_40C5A0F412A5AF7CD63A202827C2F62B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" 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_40C5A0F412A5AF7CD63A202827C2F62B_label_en-US" xlink:label="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_40C5A0F412A5AF7CD63A202827C2F62B" 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_40C5A0F412A5AF7CD63A202827C2F62B_documentation_en-US" xlink:label="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_40C5A0F412A5AF7CD63A202827C2F62B" 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-20151231.xsd#ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" xlink:label="loc_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_40C5A0F412A5AF7CD63A202827C2F62B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_40C5A0F412A5AF7CD63A202827C2F62B" xlink:to="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_40C5A0F412A5AF7CD63A202827C2F62B" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_954BE74479A944C1DEFBB1D5B9DFA13E_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_954BE74479A944C1DEFBB1D5B9DFA13E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Activity in the Balance of Loans Held for Sale, at Fair Value</link:label>
    <link:label id="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_954BE74479A944C1DEFBB1D5B9DFA13E_label_en-US" xlink:label="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_954BE74479A944C1DEFBB1D5B9DFA13E" 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_954BE74479A944C1DEFBB1D5B9DFA13E_documentation_en-US" xlink:label="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_954BE74479A944C1DEFBB1D5B9DFA13E" 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-20151231.xsd#ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock" xlink:label="loc_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_954BE74479A944C1DEFBB1D5B9DFA13E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_954BE74479A944C1DEFBB1D5B9DFA13E" xlink:to="lab_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock_954BE74479A944C1DEFBB1D5B9DFA13E" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_0B15E211D4B7D1E908D6B1D5B9DF76B7_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_0B15E211D4B7D1E908D6B1D5B9DF76B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Activity in the Balance of Loans Held for Sale, at Lower of Cost or Fair Value</link:label>
    <link:label id="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_0B15E211D4B7D1E908D6B1D5B9DF76B7_label_en-US" xlink:label="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_0B15E211D4B7D1E908D6B1D5B9DF76B7" 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_0B15E211D4B7D1E908D6B1D5B9DF76B7_documentation_en-US" xlink:label="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_0B15E211D4B7D1E908D6B1D5B9DF76B7" 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-20151231.xsd#ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock" xlink:label="loc_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_0B15E211D4B7D1E908D6B1D5B9DF76B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_0B15E211D4B7D1E908D6B1D5B9DF76B7" xlink:to="lab_ocn_ScheduleofLoansHeldForSaleAtLowerCostOrFairValueActivityTableTextBlock_0B15E211D4B7D1E908D6B1D5B9DF76B7" xlink:type="arc" />
    <link:label id="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_904B0961392B98014CD1B1D5B9DF81DD_terseLabel_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_904B0961392B98014CD1B1D5B9DF81DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Activity in Gain on Loans Held for Sale, Net</link:label>
    <link:label id="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_904B0961392B98014CD1B1D5B9DF81DD_label_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_904B0961392B98014CD1B1D5B9DF81DD" 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_904B0961392B98014CD1B1D5B9DF81DD_documentation_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_904B0961392B98014CD1B1D5B9DF81DD" 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-20151231.xsd#ocn_GainOnLoansHeldForSaleTableTextBlock" xlink:label="loc_ocn_GainOnLoansHeldForSaleTableTextBlock_904B0961392B98014CD1B1D5B9DF81DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainOnLoansHeldForSaleTableTextBlock_904B0961392B98014CD1B1D5B9DF81DD" xlink:to="lab_ocn_GainOnLoansHeldForSaleTableTextBlock_904B0961392B98014CD1B1D5B9DF81DD" xlink:type="arc" />
    <link:label id="lab_ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances_F50E2C3F9DBAB53C6069DD3FAD38B315_terseLabel_en-US" xlink:label="lab_ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances_F50E2C3F9DBAB53C6069DD3FAD38B315" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount due on sales of mortgage servicing rights and advances</link:label>
    <link:label id="lab_ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances_F50E2C3F9DBAB53C6069DD3FAD38B315_label_en-US" xlink:label="lab_ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances_F50E2C3F9DBAB53C6069DD3FAD38B315" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount Due On Sales Of Mortgage Servicing Rights And Advances</link:label>
    <link:label id="lab_ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances_F50E2C3F9DBAB53C6069DD3FAD38B315_documentation_en-US" xlink:label="lab_ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances_F50E2C3F9DBAB53C6069DD3FAD38B315" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the amount due from purchaser of mortgage servicing rights and advances in an asset sale agreement.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances" xlink:label="loc_ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances_F50E2C3F9DBAB53C6069DD3FAD38B315" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances_F50E2C3F9DBAB53C6069DD3FAD38B315" xlink:to="lab_ocn_AmountDueOnSalesOfMortgageServicingRightsAndAdvances_F50E2C3F9DBAB53C6069DD3FAD38B315" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_91CD2B226B626ECED6C7DD3FAD3877D4_terseLabel_en-US" xlink:label="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_91CD2B226B626ECED6C7DD3FAD3877D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Government-insured loan claims</link:label>
    <link:label id="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_91CD2B226B626ECED6C7DD3FAD3877D4_label_en-US" xlink:label="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_91CD2B226B626ECED6C7DD3FAD3877D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Receivable, Government-Insured Loan Claims</link:label>
    <link:label id="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_91CD2B226B626ECED6C7DD3FAD3877D4_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_91CD2B226B626ECED6C7DD3FAD3877D4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Servicing Receivable, Government-Insured Loan Claims</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingReceivableGovernmentInsuredLoanClaims" xlink:label="loc_ocn_ServicingReceivableGovernmentInsuredLoanClaims_91CD2B226B626ECED6C7DD3FAD3877D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingReceivableGovernmentInsuredLoanClaims_91CD2B226B626ECED6C7DD3FAD3877D4" xlink:to="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_91CD2B226B626ECED6C7DD3FAD3877D4" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingReceivableReimbursableExpenses_06466DF2AC9D96EC9F87DD3FAD384B86_terseLabel_en-US" xlink:label="lab_ocn_ServicingReceivableReimbursableExpenses_06466DF2AC9D96EC9F87DD3FAD384B86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reimbursable expenses</link:label>
    <link:label id="lab_ocn_ServicingReceivableReimbursableExpenses_06466DF2AC9D96EC9F87DD3FAD384B86_label_en-US" xlink:label="lab_ocn_ServicingReceivableReimbursableExpenses_06466DF2AC9D96EC9F87DD3FAD384B86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Receivable, Reimbursable Expenses</link:label>
    <link:label id="lab_ocn_ServicingReceivableReimbursableExpenses_06466DF2AC9D96EC9F87DD3FAD384B86_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableReimbursableExpenses_06466DF2AC9D96EC9F87DD3FAD384B86" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Servicing Receivable, Reimbursable Expenses</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingReceivableReimbursableExpenses" xlink:label="loc_ocn_ServicingReceivableReimbursableExpenses_06466DF2AC9D96EC9F87DD3FAD384B86" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingReceivableReimbursableExpenses_06466DF2AC9D96EC9F87DD3FAD384B86" xlink:to="lab_ocn_ServicingReceivableReimbursableExpenses_06466DF2AC9D96EC9F87DD3FAD384B86" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingReceivableDueFromCustodialAccounts_CAE78D2370680E36220EDD3FAD38A949_terseLabel_en-US" xlink:label="lab_ocn_ServicingReceivableDueFromCustodialAccounts_CAE78D2370680E36220EDD3FAD38A949" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due from custodial accounts</link:label>
    <link:label id="lab_ocn_ServicingReceivableDueFromCustodialAccounts_CAE78D2370680E36220EDD3FAD38A949_label_en-US" xlink:label="lab_ocn_ServicingReceivableDueFromCustodialAccounts_CAE78D2370680E36220EDD3FAD38A949" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Receivable, Due From Custodial Accounts</link:label>
    <link:label id="lab_ocn_ServicingReceivableDueFromCustodialAccounts_CAE78D2370680E36220EDD3FAD38A949_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableDueFromCustodialAccounts_CAE78D2370680E36220EDD3FAD38A949" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Servicing Receivable, Due From Custodial Accounts</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingReceivableDueFromCustodialAccounts" xlink:label="loc_ocn_ServicingReceivableDueFromCustodialAccounts_CAE78D2370680E36220EDD3FAD38A949" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingReceivableDueFromCustodialAccounts_CAE78D2370680E36220EDD3FAD38A949" xlink:to="lab_ocn_ServicingReceivableDueFromCustodialAccounts_CAE78D2370680E36220EDD3FAD38A949" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingReceivableOther_0582F01ACA4CBAF10BEDDD3FAD392622_terseLabel_en-US" xlink:label="lab_ocn_ServicingReceivableOther_0582F01ACA4CBAF10BEDDD3FAD392622" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other servicing receivables</link:label>
    <link:label id="lab_ocn_ServicingReceivableOther_0582F01ACA4CBAF10BEDDD3FAD392622_label_en-US" xlink:label="lab_ocn_ServicingReceivableOther_0582F01ACA4CBAF10BEDDD3FAD392622" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Receivable, Other</link:label>
    <link:label id="lab_ocn_ServicingReceivableOther_0582F01ACA4CBAF10BEDDD3FAD392622_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableOther_0582F01ACA4CBAF10BEDDD3FAD392622" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Servicing Receivable, Other</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingReceivableOther" xlink:label="loc_ocn_ServicingReceivableOther_0582F01ACA4CBAF10BEDDD3FAD392622" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingReceivableOther_0582F01ACA4CBAF10BEDDD3FAD392622" xlink:to="lab_ocn_ServicingReceivableOther_0582F01ACA4CBAF10BEDDD3FAD392622" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingReceivableNet_3B0B7282255808321100DD3FAD398BD0_totalLabel_en-US" xlink:label="lab_ocn_ServicingReceivableNet_3B0B7282255808321100DD3FAD398BD0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Servicing</link:label>
    <link:label id="lab_ocn_ServicingReceivableNet_3B0B7282255808321100DD3FAD398BD0_label_en-US" xlink:label="lab_ocn_ServicingReceivableNet_3B0B7282255808321100DD3FAD398BD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Receivable Net</link:label>
    <link:label id="lab_ocn_ServicingReceivableNet_3B0B7282255808321100DD3FAD398BD0_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableNet_3B0B7282255808321100DD3FAD398BD0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amounts due to the servicing business and primarily include reimbursable expenditures due from investors and amounts to be recovered from the custodial accounts of the trustees.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingReceivableNet" xlink:label="loc_ocn_ServicingReceivableNet_3B0B7282255808321100DD3FAD398BD0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingReceivableNet_3B0B7282255808321100DD3FAD398BD0" xlink:to="lab_ocn_ServicingReceivableNet_3B0B7282255808321100DD3FAD398BD0" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReceivable_E2EFA7FF04CBA8DF1188DD3FAD39CAB5_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_E2EFA7FF04CBA8DF1188DD3FAD39CAB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes receivable</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReceivable_E2EFA7FF04CBA8DF1188DD3FAD39CAB5_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_E2EFA7FF04CBA8DF1188DD3FAD39CAB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="loc_us-gaap_IncomeTaxReceivable_E2EFA7FF04CBA8DF1188DD3FAD39CAB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReceivable_E2EFA7FF04CBA8DF1188DD3FAD39CAB5" xlink:to="lab_us-gaap_IncomeTaxReceivable_E2EFA7FF04CBA8DF1188DD3FAD39CAB5" xlink:type="arc" />
    <link:label id="lab_us-gaap_DueFromAffiliates_E855203A8BB3409638E9DD3FAD390ACE_terseLabel_en-US" xlink:label="lab_us-gaap_DueFromAffiliates_E855203A8BB3409638E9DD3FAD390ACE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due from related parties</link:label>
    <link:label id="lab_us-gaap_DueFromAffiliates_E855203A8BB3409638E9DD3FAD390ACE_label_en-US" xlink:label="lab_us-gaap_DueFromAffiliates_E855203A8BB3409638E9DD3FAD390ACE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due from Affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DueFromAffiliates" xlink:label="loc_us-gaap_DueFromAffiliates_E855203A8BB3409638E9DD3FAD390ACE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueFromAffiliates_E855203A8BB3409638E9DD3FAD390ACE" xlink:to="lab_us-gaap_DueFromAffiliates_E855203A8BB3409638E9DD3FAD390ACE" xlink:type="arc" />
    <link:label id="lab_ocn_OtherReceivablesNet_C72016851871FB75BC63DD3FAD398D55_terseLabel_en-US" xlink:label="lab_ocn_OtherReceivablesNet_C72016851871FB75BC63DD3FAD398D55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other receivables</link:label>
    <link:label id="lab_ocn_OtherReceivablesNet_C72016851871FB75BC63DD3FAD398D55_label_en-US" xlink:label="lab_ocn_OtherReceivablesNet_C72016851871FB75BC63DD3FAD398D55" 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_C72016851871FB75BC63DD3FAD398D55_documentation_en-US" xlink:label="lab_ocn_OtherReceivablesNet_C72016851871FB75BC63DD3FAD398D55" 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-20151231.xsd#ocn_OtherReceivablesNet" xlink:label="loc_ocn_OtherReceivablesNet_C72016851871FB75BC63DD3FAD398D55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherReceivablesNet_C72016851871FB75BC63DD3FAD398D55" xlink:to="lab_ocn_OtherReceivablesNet_C72016851871FB75BC63DD3FAD398D55" xlink:type="arc" />
    <link:label id="lab_ocn_OtherReceivablesGross_EE4D65B6AD2A2F994CBBDD3FAD3963B7_totalLabel_en-US" xlink:label="lab_ocn_OtherReceivablesGross_EE4D65B6AD2A2F994CBBDD3FAD3963B7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other receivables, gross</link:label>
    <link:label id="lab_ocn_OtherReceivablesGross_EE4D65B6AD2A2F994CBBDD3FAD3963B7_label_en-US" xlink:label="lab_ocn_OtherReceivablesGross_EE4D65B6AD2A2F994CBBDD3FAD3963B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Receivables, Gross</link:label>
    <link:label id="lab_ocn_OtherReceivablesGross_EE4D65B6AD2A2F994CBBDD3FAD3963B7_documentation_en-US" xlink:label="lab_ocn_OtherReceivablesGross_EE4D65B6AD2A2F994CBBDD3FAD3963B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Receivables, Gross</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OtherReceivablesGross" xlink:label="loc_ocn_OtherReceivablesGross_EE4D65B6AD2A2F994CBBDD3FAD3963B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherReceivablesGross_EE4D65B6AD2A2F994CBBDD3FAD3963B7" xlink:to="lab_ocn_OtherReceivablesGross_EE4D65B6AD2A2F994CBBDD3FAD3963B7" xlink:type="arc" />
    <link:label id="lab_ocn_OtherReceivablesAllowanceForLosses_0EF7025CF4BB69E9A174DD3FAD39B2C0_negatedTerseLabel_en-US" xlink:label="lab_ocn_OtherReceivablesAllowanceForLosses_0EF7025CF4BB69E9A174DD3FAD39B2C0" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Allowance for losses</link:label>
    <link:label id="lab_ocn_OtherReceivablesAllowanceForLosses_0EF7025CF4BB69E9A174DD3FAD39B2C0_label_en-US" xlink:label="lab_ocn_OtherReceivablesAllowanceForLosses_0EF7025CF4BB69E9A174DD3FAD39B2C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Receivables, Allowance For Losses</link:label>
    <link:label id="lab_ocn_OtherReceivablesAllowanceForLosses_0EF7025CF4BB69E9A174DD3FAD39B2C0_documentation_en-US" xlink:label="lab_ocn_OtherReceivablesAllowanceForLosses_0EF7025CF4BB69E9A174DD3FAD39B2C0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Receivables, Allowance For Losses</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OtherReceivablesAllowanceForLosses" xlink:label="loc_ocn_OtherReceivablesAllowanceForLosses_0EF7025CF4BB69E9A174DD3FAD39B2C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherReceivablesAllowanceForLosses_0EF7025CF4BB69E9A174DD3FAD39B2C0" xlink:to="lab_ocn_OtherReceivablesAllowanceForLosses_0EF7025CF4BB69E9A174DD3FAD39B2C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherReceivables_564DA04EBBA13C4EC1CDDD3FAD392F4F_totalLabel_en-US" xlink:label="lab_us-gaap_OtherReceivables_564DA04EBBA13C4EC1CDDD3FAD392F4F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Receivables, total</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaap_OtherReceivables_564DA04EBBA13C4EC1CDDD3FAD392F4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherReceivables_564DA04EBBA13C4EC1CDDD3FAD392F4F" xlink:to="lab_us-gaap_OtherReceivables_564DA04EBBA13C4EC1CDDD3FAD392F4F" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestTable_67D02A684A071B5A2F43080AF9B94DBA_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestTable_67D02A684A071B5A2F43080AF9B94DBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Table]</link:label>
    <link:label id="lab_us-gaap_MinorityInterestTable_67D02A684A071B5A2F43080AF9B94DBA_label_en-US" xlink:label="lab_us-gaap_MinorityInterestTable_67D02A684A071B5A2F43080AF9B94DBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MinorityInterestTable" xlink:label="loc_us-gaap_MinorityInterestTable_67D02A684A071B5A2F43080AF9B94DBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestTable_67D02A684A071B5A2F43080AF9B94DBA" xlink:to="lab_us-gaap_MinorityInterestTable_67D02A684A071B5A2F43080AF9B94DBA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProductInformationLineItems_7760AAEDD1A4BF307EDB080AF9BADFD4_terseLabel_en-US" xlink:label="lab_us-gaap_ProductInformationLineItems_7760AAEDD1A4BF307EDB080AF9BADFD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of Business and Basis of Presentation [Line Items]</link:label>
    <link:label id="lab_us-gaap_ProductInformationLineItems_7760AAEDD1A4BF307EDB080AF9BADFD4_label_en-US" xlink:label="lab_us-gaap_ProductInformationLineItems_7760AAEDD1A4BF307EDB080AF9BADFD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product Information [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProductInformationLineItems" xlink:label="loc_us-gaap_ProductInformationLineItems_7760AAEDD1A4BF307EDB080AF9BADFD4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductInformationLineItems_7760AAEDD1A4BF307EDB080AF9BADFD4" xlink:to="lab_us-gaap_ProductInformationLineItems_7760AAEDD1A4BF307EDB080AF9BADFD4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_9AACB64817FFBB5AE819080AF9BA2FAA_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_9AACB64817FFBB5AE819080AF9BA2FAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum percentage till, the company exercise significant influence, but not control over subsidiaries or VIEs</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_9AACB64817FFBB5AE819080AF9BA2FAA_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_9AACB64817FFBB5AE819080AF9BA2FAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_9AACB64817FFBB5AE819080AF9BA2FAA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_9AACB64817FFBB5AE819080AF9BA2FAA" xlink:to="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_9AACB64817FFBB5AE819080AF9BA2FAA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ThresholdPeriodPastDueForWriteoffOfFinancingReceivable_71B58C5B99786B19ADFB080AF9BAD321_terseLabel_en-US" xlink:label="lab_us-gaap_ThresholdPeriodPastDueForWriteoffOfFinancingReceivable_71B58C5B99786B19ADFB080AF9BAD321" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Threshold period past due for financing receivables to be delinquent</link:label>
    <link:label id="lab_us-gaap_ThresholdPeriodPastDueForWriteoffOfFinancingReceivable_71B58C5B99786B19ADFB080AF9BAD321_label_en-US" xlink:label="lab_us-gaap_ThresholdPeriodPastDueForWriteoffOfFinancingReceivable_71B58C5B99786B19ADFB080AF9BAD321" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Threshold Period Past Due for Write-off of Financing Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ThresholdPeriodPastDueForWriteoffOfFinancingReceivable" xlink:label="loc_us-gaap_ThresholdPeriodPastDueForWriteoffOfFinancingReceivable_71B58C5B99786B19ADFB080AF9BAD321" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ThresholdPeriodPastDueForWriteoffOfFinancingReceivable_71B58C5B99786B19ADFB080AF9BAD321" xlink:to="lab_us-gaap_ThresholdPeriodPastDueForWriteoffOfFinancingReceivable_71B58C5B99786B19ADFB080AF9BAD321" xlink:type="arc" />
    <link:label id="lab_ocn_ServiceConditionAwardsMember_449B1CA6ACB084CBA54CE62C22DED0AE_terseLabel_en-US" xlink:label="lab_ocn_ServiceConditionAwardsMember_449B1CA6ACB084CBA54CE62C22DED0AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Service Condition Awards [Member]</link:label>
    <link:label id="lab_ocn_ServiceConditionAwardsMember_449B1CA6ACB084CBA54CE62C22DED0AE_label_en-US" xlink:label="lab_ocn_ServiceConditionAwardsMember_449B1CA6ACB084CBA54CE62C22DED0AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Service Condition Awards [Member]</link:label>
    <link:label id="lab_ocn_ServiceConditionAwardsMember_449B1CA6ACB084CBA54CE62C22DED0AE_documentation_en-US" xlink:label="lab_ocn_ServiceConditionAwardsMember_449B1CA6ACB084CBA54CE62C22DED0AE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Service condition awards.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServiceConditionAwardsMember" xlink:label="loc_ocn_ServiceConditionAwardsMember_449B1CA6ACB084CBA54CE62C22DED0AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServiceConditionAwardsMember_449B1CA6ACB084CBA54CE62C22DED0AE" xlink:to="lab_ocn_ServiceConditionAwardsMember_449B1CA6ACB084CBA54CE62C22DED0AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_PerformanceSharesMember_DFFF9C738A3FB8C0A842E62C22DE95DA_terseLabel_en-US" xlink:label="lab_us-gaap_PerformanceSharesMember_DFFF9C738A3FB8C0A842E62C22DE95DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance Shares [Member]</link:label>
    <link:label id="lab_us-gaap_PerformanceSharesMember_DFFF9C738A3FB8C0A842E62C22DE95DA_label_en-US" xlink:label="lab_us-gaap_PerformanceSharesMember_DFFF9C738A3FB8C0A842E62C22DE95DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Shares [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PerformanceSharesMember" xlink:label="loc_us-gaap_PerformanceSharesMember_DFFF9C738A3FB8C0A842E62C22DE95DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PerformanceSharesMember_DFFF9C738A3FB8C0A842E62C22DE95DA" xlink:to="lab_us-gaap_PerformanceSharesMember_DFFF9C738A3FB8C0A842E62C22DE95DA" xlink:type="arc" />
    <link:label id="lab_ocn_ExtraordinaryPerformanceBasedAwardsMember_08A6BF2B14CCE256E387E62C22DEF57A_terseLabel_en-US" xlink:label="lab_ocn_ExtraordinaryPerformanceBasedAwardsMember_08A6BF2B14CCE256E387E62C22DEF57A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Extraordinary Performance-based Awards [Member]</link:label>
    <link:label id="lab_ocn_ExtraordinaryPerformanceBasedAwardsMember_08A6BF2B14CCE256E387E62C22DEF57A_label_en-US" xlink:label="lab_ocn_ExtraordinaryPerformanceBasedAwardsMember_08A6BF2B14CCE256E387E62C22DEF57A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Extraordinary Performance Based Awards [Member]</link:label>
    <link:label id="lab_ocn_ExtraordinaryPerformanceBasedAwardsMember_08A6BF2B14CCE256E387E62C22DEF57A_documentation_en-US" xlink:label="lab_ocn_ExtraordinaryPerformanceBasedAwardsMember_08A6BF2B14CCE256E387E62C22DEF57A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Extraordinary performance based awards.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ExtraordinaryPerformanceBasedAwardsMember" xlink:label="loc_ocn_ExtraordinaryPerformanceBasedAwardsMember_08A6BF2B14CCE256E387E62C22DEF57A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ExtraordinaryPerformanceBasedAwardsMember_08A6BF2B14CCE256E387E62C22DEF57A" xlink:to="lab_ocn_ExtraordinaryPerformanceBasedAwardsMember_08A6BF2B14CCE256E387E62C22DEF57A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockMember_4AFEEB449651DB59666EE62C22DF5ECF_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_4AFEEB449651DB59666EE62C22DF5ECF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Stock [Member]</link:label>
    <link:label id="lab_us-gaap_RestrictedStockMember_4AFEEB449651DB59666EE62C22DF5ECF_label_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_4AFEEB449651DB59666EE62C22DF5ECF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="loc_us-gaap_RestrictedStockMember_4AFEEB449651DB59666EE62C22DF5ECF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockMember_4AFEEB449651DB59666EE62C22DF5ECF" xlink:to="lab_us-gaap_RestrictedStockMember_4AFEEB449651DB59666EE62C22DF5ECF" xlink:type="arc" />
    <link:label id="lab_ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember_7A4CFDCDAA43B49864BEE62C22E4459A_terseLabel_en-US" xlink:label="lab_ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember_7A4CFDCDAA43B49864BEE62C22E4459A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Time-Based Vesting Schedule And Market Performance-Based Vesting Date [Member]</link:label>
    <link:label id="lab_ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember_7A4CFDCDAA43B49864BEE62C22E4459A_label_en-US" xlink:label="lab_ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember_7A4CFDCDAA43B49864BEE62C22E4459A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Time-Based Vesting Schedule And Market Performance-Based Vesting Date [Member]</link:label>
    <link:label id="lab_ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember_7A4CFDCDAA43B49864BEE62C22E4459A_documentation_en-US" xlink:label="lab_ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember_7A4CFDCDAA43B49864BEE62C22E4459A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Time-based vesting schedule and Market performance-based vesting date.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember" xlink:label="loc_ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember_7A4CFDCDAA43B49864BEE62C22E4459A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember_7A4CFDCDAA43B49864BEE62C22E4459A" xlink:to="lab_ocn_TimeBasedVestingScheduleAndMarketPerformanceBasedVestingDateMember_7A4CFDCDAA43B49864BEE62C22E4459A" xlink:type="arc" />
    <link:label id="lab_ocn_ServiceConditionAbstract_4C5F3DB78E7E206EC058E62C22E5488E_terseLabel_en-US" xlink:label="lab_ocn_ServiceConditionAbstract_4C5F3DB78E7E206EC058E62C22E5488E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Service Condition:</link:label>
    <link:label id="lab_ocn_ServiceConditionAbstract_4C5F3DB78E7E206EC058E62C22E5488E_label_en-US" xlink:label="lab_ocn_ServiceConditionAbstract_4C5F3DB78E7E206EC058E62C22E5488E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Service Condition: [Abstract]</link:label>
    <link:label id="lab_ocn_ServiceConditionAbstract_4C5F3DB78E7E206EC058E62C22E5488E_documentation_en-US" xlink:label="lab_ocn_ServiceConditionAbstract_4C5F3DB78E7E206EC058E62C22E5488E" 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-20151231.xsd#ocn_ServiceConditionAbstract" xlink:label="loc_ocn_ServiceConditionAbstract_4C5F3DB78E7E206EC058E62C22E5488E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServiceConditionAbstract_4C5F3DB78E7E206EC058E62C22E5488E" xlink:to="lab_ocn_ServiceConditionAbstract_4C5F3DB78E7E206EC058E62C22E5488E" xlink:type="arc" />
    <link:label id="lab_ocn_PercentOfOptionsAwarded_736B704EB0D5F753467BE62C22E56B09_terseLabel_en-US" xlink:label="lab_ocn_PercentOfOptionsAwarded_736B704EB0D5F753467BE62C22E56B09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent of Options Awarded</link:label>
    <link:label id="lab_ocn_PercentOfOptionsAwarded_736B704EB0D5F753467BE62C22E56B09_label_en-US" xlink:label="lab_ocn_PercentOfOptionsAwarded_736B704EB0D5F753467BE62C22E56B09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percent of Options Awarded</link:label>
    <link:label id="lab_ocn_PercentOfOptionsAwarded_736B704EB0D5F753467BE62C22E56B09_documentation_en-US" xlink:label="lab_ocn_PercentOfOptionsAwarded_736B704EB0D5F753467BE62C22E56B09" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percent of options awarded by type.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PercentOfOptionsAwarded" xlink:label="loc_ocn_PercentOfOptionsAwarded_736B704EB0D5F753467BE62C22E56B09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentOfOptionsAwarded_736B704EB0D5F753467BE62C22E56B09" xlink:to="lab_ocn_PercentOfOptionsAwarded_736B704EB0D5F753467BE62C22E56B09" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_C2D405B8BC8A9CD4073FE62C22E555EA_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_C2D405B8BC8A9CD4073FE62C22E555EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award vesting period</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_C2D405B8BC8A9CD4073FE62C22E555EA_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_C2D405B8BC8A9CD4073FE62C22E555EA" 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, Award Vesting Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_C2D405B8BC8A9CD4073FE62C22E555EA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_C2D405B8BC8A9CD4073FE62C22E555EA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_C2D405B8BC8A9CD4073FE62C22E555EA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_5B95F248BE99F98A3FAEE62C22E523CC_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_5B95F248BE99F98A3FAEE62C22E523CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting Period</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_5B95F248BE99F98A3FAEE62C22E523CC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_5B95F248BE99F98A3FAEE62C22E523CC" 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, Award Vesting Rights</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_5B95F248BE99F98A3FAEE62C22E523CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_5B95F248BE99F98A3FAEE62C22E523CC" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_5B95F248BE99F98A3FAEE62C22E523CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_324C99081E1132116EE9B1D5BCEF18CA_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_324C99081E1132116EE9B1D5BCEF18CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Future Minimum Rental Commitments under Non-cancelable Operating Leases</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_324C99081E1132116EE9B1D5BCEF18CA_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_324C99081E1132116EE9B1D5BCEF18CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_324C99081E1132116EE9B1D5BCEF18CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_324C99081E1132116EE9B1D5BCEF18CA" xlink:to="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_324C99081E1132116EE9B1D5BCEF18CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_760938E7631F67B2D61EB1D5B7078FEC_terseLabel_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_760938E7631F67B2D61EB1D5B7078FEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing</link:label>
    <link:label id="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_760938E7631F67B2D61EB1D5B7078FEC_label_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_760938E7631F67B2D61EB1D5B7078FEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractually Specified Servicing Fees, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ContractuallySpecifiedServicingFeesAmount" xlink:label="loc_us-gaap_ContractuallySpecifiedServicingFeesAmount_760938E7631F67B2D61EB1D5B7078FEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractuallySpecifiedServicingFeesAmount_760938E7631F67B2D61EB1D5B7078FEC" xlink:to="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_760938E7631F67B2D61EB1D5B7078FEC" xlink:type="arc" />
    <link:label id="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6F6763C0042952AB3555B1D5B707D09B_terseLabel_en-US" xlink:label="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6F6763C0042952AB3555B1D5B707D09B" 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_6F6763C0042952AB3555B1D5B707D09B_label_en-US" xlink:label="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6F6763C0042952AB3555B1D5B707D09B" 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_6F6763C0042952AB3555B1D5B707D09B_documentation_en-US" xlink:label="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6F6763C0042952AB3555B1D5B707D09B" 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-20151231.xsd#ocn_ContractuallySpecifiedSubservicingFeesAmount" xlink:label="loc_ocn_ContractuallySpecifiedSubservicingFeesAmount_6F6763C0042952AB3555B1D5B707D09B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ContractuallySpecifiedSubservicingFeesAmount_6F6763C0042952AB3555B1D5B707D09B" xlink:to="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6F6763C0042952AB3555B1D5B707D09B" xlink:type="arc" />
    <link:label id="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_186F86063292E38FE064B1D5B708138B_totalLabel_en-US" xlink:label="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_186F86063292E38FE064B1D5B708138B" 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_186F86063292E38FE064B1D5B708138B_label_en-US" xlink:label="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_186F86063292E38FE064B1D5B708138B" 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_186F86063292E38FE064B1D5B708138B_documentation_en-US" xlink:label="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_186F86063292E38FE064B1D5B708138B" 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-20151231.xsd#ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal" xlink:label="loc_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_186F86063292E38FE064B1D5B708138B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_186F86063292E38FE064B1D5B708138B" xlink:to="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_186F86063292E38FE064B1D5B708138B" xlink:type="arc" />
    <link:label id="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_A83081709B144E4F56C1B1D5B7086626_terseLabel_en-US" xlink:label="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_A83081709B144E4F56C1B1D5B7086626" 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_A83081709B144E4F56C1B1D5B7086626_label_en-US" xlink:label="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_A83081709B144E4F56C1B1D5B7086626" 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_A83081709B144E4F56C1B1D5B7086626_documentation_en-US" xlink:label="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_A83081709B144E4F56C1B1D5B7086626" 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-20151231.xsd#ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_A83081709B144E4F56C1B1D5B7086626" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_A83081709B144E4F56C1B1D5B7086626" xlink:to="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_A83081709B144E4F56C1B1D5B7086626" xlink:type="arc" />
    <link:label id="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_E82C4B5C35A8A6D62359B1D5B7082003_terseLabel_en-US" xlink:label="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_E82C4B5C35A8A6D62359B1D5B7082003" 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_E82C4B5C35A8A6D62359B1D5B7082003_label_en-US" xlink:label="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_E82C4B5C35A8A6D62359B1D5B7082003" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:label="loc_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_E82C4B5C35A8A6D62359B1D5B7082003" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_E82C4B5C35A8A6D62359B1D5B7082003" xlink:to="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_E82C4B5C35A8A6D62359B1D5B7082003" xlink:type="arc" />
    <link:label id="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_6DDF34E0BC64CC4A93CFB1D5B7087291_terseLabel_en-US" xlink:label="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_6DDF34E0BC64CC4A93CFB1D5B7087291" 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_6DDF34E0BC64CC4A93CFB1D5B7087291_label_en-US" xlink:label="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_6DDF34E0BC64CC4A93CFB1D5B7087291" 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_6DDF34E0BC64CC4A93CFB1D5B7087291_documentation_en-US" xlink:label="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_6DDF34E0BC64CC4A93CFB1D5B7087291" 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-20151231.xsd#ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_6DDF34E0BC64CC4A93CFB1D5B7087291" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_6DDF34E0BC64CC4A93CFB1D5B7087291" xlink:to="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_6DDF34E0BC64CC4A93CFB1D5B7087291" xlink:type="arc" />
    <link:label id="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_672CFA3A70DA0E0AB363B1D5B708E68B_terseLabel_en-US" xlink:label="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_672CFA3A70DA0E0AB363B1D5B708E68B" 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_672CFA3A70DA0E0AB363B1D5B708E68B_label_en-US" xlink:label="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_672CFA3A70DA0E0AB363B1D5B708E68B" 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_672CFA3A70DA0E0AB363B1D5B708E68B_documentation_en-US" xlink:label="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_672CFA3A70DA0E0AB363B1D5B708E68B" 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-20151231.xsd#ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_672CFA3A70DA0E0AB363B1D5B708E68B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_672CFA3A70DA0E0AB363B1D5B708E68B" xlink:to="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_672CFA3A70DA0E0AB363B1D5B708E68B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BDF76EDFBB699B0654F7B1D5B7083CA1_terseLabel_en-US" xlink:label="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BDF76EDFBB699B0654F7B1D5B7083CA1" 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_BDF76EDFBB699B0654F7B1D5B7083CA1_label_en-US" xlink:label="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BDF76EDFBB699B0654F7B1D5B7083CA1" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:label="loc_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BDF76EDFBB699B0654F7B1D5B7083CA1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BDF76EDFBB699B0654F7B1D5B7083CA1" xlink:to="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BDF76EDFBB699B0654F7B1D5B7083CA1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_450B89AFE56F41520272B1D5B708324C_totalLabel_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_450B89AFE56F41520272B1D5B708324C" 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_450B89AFE56F41520272B1D5B708324C_label_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_450B89AFE56F41520272B1D5B708324C" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_450B89AFE56F41520272B1D5B708324C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_450B89AFE56F41520272B1D5B708324C" xlink:to="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_450B89AFE56F41520272B1D5B708324C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfOtherAssetsTableTextBlock_E4ACF4312E39D783CEAEB1D5B939B01A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherAssetsTableTextBlock_E4ACF4312E39D783CEAEB1D5B939B01A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Assets</link:label>
    <link:label id="lab_us-gaap_ScheduleOfOtherAssetsTableTextBlock_E4ACF4312E39D783CEAEB1D5B939B01A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherAssetsTableTextBlock_E4ACF4312E39D783CEAEB1D5B939B01A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Other Assets [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfOtherAssetsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfOtherAssetsTableTextBlock_E4ACF4312E39D783CEAEB1D5B939B01A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfOtherAssetsTableTextBlock_E4ACF4312E39D783CEAEB1D5B939B01A" xlink:to="lab_us-gaap_ScheduleOfOtherAssetsTableTextBlock_E4ACF4312E39D783CEAEB1D5B939B01A" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillImpairedAbstract_97CD7753B9527F0AE0E0E57F0E94A9F9_label_en-US" xlink:label="lab_us-gaap_GoodwillImpairedAbstract_97CD7753B9527F0AE0E0E57F0E94A9F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Impaired [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GoodwillImpairedAbstract" xlink:label="loc_us-gaap_GoodwillImpairedAbstract_97CD7753B9527F0AE0E0E57F0E94A9F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillImpairedAbstract_97CD7753B9527F0AE0E0E57F0E94A9F9" xlink:to="lab_us-gaap_GoodwillImpairedAbstract_97CD7753B9527F0AE0E0E57F0E94A9F9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfGoodwillTable_CF876766ACD20DF00F5EE57F0E94FCCF_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_CF876766ACD20DF00F5EE57F0E94FCCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Goodwill [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfGoodwillTable_CF876766ACD20DF00F5EE57F0E94FCCF_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_CF876766ACD20DF00F5EE57F0E94FCCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Goodwill [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfGoodwillTable" xlink:label="loc_us-gaap_ScheduleOfGoodwillTable_CF876766ACD20DF00F5EE57F0E94FCCF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfGoodwillTable_CF876766ACD20DF00F5EE57F0E94FCCF" xlink:to="lab_us-gaap_ScheduleOfGoodwillTable_CF876766ACD20DF00F5EE57F0E94FCCF" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillLineItems_3FA2ED78D8F11BA32E0FE57F0E95A85E_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_3FA2ED78D8F11BA32E0FE57F0E95A85E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill [Line Items]</link:label>
    <link:label id="lab_us-gaap_GoodwillLineItems_3FA2ED78D8F11BA32E0FE57F0E95A85E_label_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_3FA2ED78D8F11BA32E0FE57F0E95A85E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GoodwillLineItems" xlink:label="loc_us-gaap_GoodwillLineItems_3FA2ED78D8F11BA32E0FE57F0E95A85E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillLineItems_3FA2ED78D8F11BA32E0FE57F0E95A85E" xlink:to="lab_us-gaap_GoodwillLineItems_3FA2ED78D8F11BA32E0FE57F0E95A85E" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestAndOtherIncomeTableTextBlock_0B642E202ED050CA1C02E70D1994F91E_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndOtherIncomeTableTextBlock_0B642E202ED050CA1C02E70D1994F91E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Components of Interest Income</link:label>
    <link:label id="lab_us-gaap_InterestAndOtherIncomeTableTextBlock_0B642E202ED050CA1C02E70D1994F91E_label_en-US" xlink:label="lab_us-gaap_InterestAndOtherIncomeTableTextBlock_0B642E202ED050CA1C02E70D1994F91E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest and Other Income [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestAndOtherIncomeTableTextBlock" xlink:label="loc_us-gaap_InterestAndOtherIncomeTableTextBlock_0B642E202ED050CA1C02E70D1994F91E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndOtherIncomeTableTextBlock_0B642E202ED050CA1C02E70D1994F91E" xlink:to="lab_us-gaap_InterestAndOtherIncomeTableTextBlock_0B642E202ED050CA1C02E70D1994F91E" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_29DD5E99DE09FA6F9082B1D5BA301FB1_terseLabel_en-US" xlink:label="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_29DD5E99DE09FA6F9082B1D5BA301FB1" 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_29DD5E99DE09FA6F9082B1D5BA301FB1_label_en-US" xlink:label="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_29DD5E99DE09FA6F9082B1D5BA301FB1" 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>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:label="loc_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_29DD5E99DE09FA6F9082B1D5BA301FB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_29DD5E99DE09FA6F9082B1D5BA301FB1" xlink:to="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_29DD5E99DE09FA6F9082B1D5BA301FB1" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_648B1949C7410646F2FBE62C2289BBCF_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_648B1949C7410646F2FBE62C2289BBCF" 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_648B1949C7410646F2FBE62C2289BBCF_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_648B1949C7410646F2FBE62C2289BBCF" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_648B1949C7410646F2FBE62C2289BBCF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_648B1949C7410646F2FBE62C2289BBCF" xlink:to="lab_us-gaap_TitleOfIndividualAxis_648B1949C7410646F2FBE62C2289BBCF" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_57B2987F7A02D0A1C31EE62C228E22AE_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_57B2987F7A02D0A1C31EE62C228E22AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_57B2987F7A02D0A1C31EE62C228E22AE_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_57B2987F7A02D0A1C31EE62C228E22AE" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_57B2987F7A02D0A1C31EE62C228E22AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_57B2987F7A02D0A1C31EE62C228E22AE" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_57B2987F7A02D0A1C31EE62C228E22AE" xlink:type="arc" />
    <link:label id="lab_ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember_4AEBD98C2A45F4F93404E62C228FDFF9_terseLabel_en-US" xlink:label="lab_ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember_4AEBD98C2A45F4F93404E62C228FDFF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Former Executive Chairman Of Board Of Directors [Member]</link:label>
    <link:label id="lab_ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember_4AEBD98C2A45F4F93404E62C228FDFF9_label_en-US" xlink:label="lab_ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember_4AEBD98C2A45F4F93404E62C228FDFF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Former Executive Chairman Of Board Of Directors [Member]</link:label>
    <link:label id="lab_ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember_4AEBD98C2A45F4F93404E62C228FDFF9_documentation_en-US" xlink:label="lab_ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember_4AEBD98C2A45F4F93404E62C228FDFF9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Former executive chairman of board of directors.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember" xlink:label="loc_ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember_4AEBD98C2A45F4F93404E62C228FDFF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember_4AEBD98C2A45F4F93404E62C228FDFF9" xlink:to="lab_ocn_FormerExecutiveChairmanOfBoardOfDirectorsMember_4AEBD98C2A45F4F93404E62C228FDFF9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_C67628890E2F1F2DBB32E62C2290E618_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_C67628890E2F1F2DBB32E62C2290E618" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock options granted (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_C67628890E2F1F2DBB32E62C2290E618" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_C67628890E2F1F2DBB32E62C2290E618" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_C67628890E2F1F2DBB32E62C2290E618" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_CCBBDCDA393BFFF6A651E62C2290061D_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_CCBBDCDA393BFFF6A651E62C2290061D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock options granted, exercise price (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_CCBBDCDA393BFFF6A651E62C2290061D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_CCBBDCDA393BFFF6A651E62C2290061D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_CCBBDCDA393BFFF6A651E62C2290061D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D6221A63414A8428D60EE62C229069D7_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D6221A63414A8428D60EE62C229069D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options surrendered (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D6221A63414A8428D60EE62C229069D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D6221A63414A8428D60EE62C229069D7" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_D6221A63414A8428D60EE62C229069D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_538AD6C427E9FA978FC8E62C229061EF_verboseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_538AD6C427E9FA978FC8E62C229061EF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Recognized compensation expense, previously unrecognized</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_538AD6C427E9FA978FC8E62C229061EF_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_538AD6C427E9FA978FC8E62C229061EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_538AD6C427E9FA978FC8E62C229061EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_538AD6C427E9FA978FC8E62C229061EF" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_538AD6C427E9FA978FC8E62C229061EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_5B2CF50993C91498D5EEE62C22905610_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_5B2CF50993C91498D5EEE62C22905610" 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, Vested, Number of Shares</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_5B2CF50993C91498D5EEE62C22905610_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_5B2CF50993C91498D5EEE62C22905610" 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, Vested, Number of Shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_5B2CF50993C91498D5EEE62C22905610" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_5B2CF50993C91498D5EEE62C22905610" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_5B2CF50993C91498D5EEE62C22905610" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_72D4D9A68BFED50A439FE62C22918F9A_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_72D4D9A68BFED50A439FE62C22918F9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total intrinsic value of stock options exercised</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_72D4D9A68BFED50A439FE62C22918F9A_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_72D4D9A68BFED50A439FE62C22918F9A" 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, Exercises in Period, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_72D4D9A68BFED50A439FE62C22918F9A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_72D4D9A68BFED50A439FE62C22918F9A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_72D4D9A68BFED50A439FE62C22918F9A" xlink:type="arc" />
    <link:label id="lab_ocn_SharesDeliveredAsPaymentForExerciseOfOptions_2010FABF73B8B7B938F3E62C2291087A_terseLabel_en-US" xlink:label="lab_ocn_SharesDeliveredAsPaymentForExerciseOfOptions_2010FABF73B8B7B938F3E62C2291087A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares delivered by employees as payment for the exercise price and income tax withholdings on compensation (in shares)</link:label>
    <link:label id="lab_ocn_SharesDeliveredAsPaymentForExerciseOfOptions_2010FABF73B8B7B938F3E62C2291087A_label_en-US" xlink:label="lab_ocn_SharesDeliveredAsPaymentForExerciseOfOptions_2010FABF73B8B7B938F3E62C2291087A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SharesDeliveredAsPaymentForExerciseOfOptions</link:label>
    <link:label id="lab_ocn_SharesDeliveredAsPaymentForExerciseOfOptions_2010FABF73B8B7B938F3E62C2291087A_documentation_en-US" xlink:label="lab_ocn_SharesDeliveredAsPaymentForExerciseOfOptions_2010FABF73B8B7B938F3E62C2291087A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares Delivered As Payment For Exercise of Options during the period.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_SharesDeliveredAsPaymentForExerciseOfOptions" xlink:label="loc_ocn_SharesDeliveredAsPaymentForExerciseOfOptions_2010FABF73B8B7B938F3E62C2291087A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SharesDeliveredAsPaymentForExerciseOfOptions_2010FABF73B8B7B938F3E62C2291087A" xlink:to="lab_ocn_SharesDeliveredAsPaymentForExerciseOfOptions_2010FABF73B8B7B938F3E62C2291087A" xlink:type="arc" />
    <link:label id="lab_ocn_OptionExercisesNetOfTaxWithholding_DB929BDB6FCE042ADDD5E62C22919FEA_terseLabel_en-US" xlink:label="lab_ocn_OptionExercisesNetOfTaxWithholding_DB929BDB6FCE042ADDD5E62C22919FEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued related to exercise of stock options (in shares)</link:label>
    <link:label id="lab_ocn_OptionExercisesNetOfTaxWithholding_DB929BDB6FCE042ADDD5E62C22919FEA_label_en-US" xlink:label="lab_ocn_OptionExercisesNetOfTaxWithholding_DB929BDB6FCE042ADDD5E62C22919FEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">OptionExercisesNetOfTaxWithholding</link:label>
    <link:label id="lab_ocn_OptionExercisesNetOfTaxWithholding_DB929BDB6FCE042ADDD5E62C22919FEA_documentation_en-US" xlink:label="lab_ocn_OptionExercisesNetOfTaxWithholding_DB929BDB6FCE042ADDD5E62C22919FEA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Option Exercises Net of Tax Withholding during the period.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_OptionExercisesNetOfTaxWithholding" xlink:label="loc_ocn_OptionExercisesNetOfTaxWithholding_DB929BDB6FCE042ADDD5E62C22919FEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OptionExercisesNetOfTaxWithholding_DB929BDB6FCE042ADDD5E62C22919FEA" xlink:to="lab_ocn_OptionExercisesNetOfTaxWithholding_DB929BDB6FCE042ADDD5E62C22919FEA" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria_094E2473596EC39E6A7BE62C22921B4C_terseLabel_en-US" xlink:label="lab_ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria_094E2473596EC39E6A7BE62C22921B4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market-based options that have not met performance criteria (in shares)</link:label>
    <link:label id="lab_ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria_094E2473596EC39E6A7BE62C22921B4C_label_en-US" xlink:label="lab_ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria_094E2473596EC39E6A7BE62C22921B4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria</link:label>
    <link:label id="lab_ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria_094E2473596EC39E6A7BE62C22921B4C_documentation_en-US" xlink:label="lab_ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria_094E2473596EC39E6A7BE62C22921B4C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Market-based Options Not Meeting Performance Criteria as of the balance sheet date.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria" xlink:label="loc_ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria_094E2473596EC39E6A7BE62C22921B4C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria_094E2473596EC39E6A7BE62C22921B4C" xlink:to="lab_ocn_NumberOfMarketBasedOptionsNotMeetingPerformanceCriteria_094E2473596EC39E6A7BE62C22921B4C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_A48FE237F356285C09FFE62C2292F920_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_A48FE237F356285C09FFE62C2292F920" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net aggregate intrinsic value of stock options outstanding</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_A48FE237F356285C09FFE62C2292F920_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_A48FE237F356285C09FFE62C2292F920" 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, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_A48FE237F356285C09FFE62C2292F920" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_A48FE237F356285C09FFE62C2292F920" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_A48FE237F356285C09FFE62C2292F920" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_37580EF22D203FE6AC99E62C229227BC_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_37580EF22D203FE6AC99E62C229227BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net aggregate intrinsic value of stock options exercisable</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_37580EF22D203FE6AC99E62C229227BC_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_37580EF22D203FE6AC99E62C229227BC" 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, Exercisable, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_37580EF22D203FE6AC99E62C229227BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_37580EF22D203FE6AC99E62C229227BC" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_37580EF22D203FE6AC99E62C229227BC" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfMarketBasedOptionsOutstanding_7F771836CB2447180CD9E62C2292AED6_terseLabel_en-US" xlink:label="lab_ocn_NumberOfMarketBasedOptionsOutstanding_7F771836CB2447180CD9E62C2292AED6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market-based options outstanding (in shares)</link:label>
    <link:label id="lab_ocn_NumberOfMarketBasedOptionsOutstanding_7F771836CB2447180CD9E62C2292AED6_label_en-US" xlink:label="lab_ocn_NumberOfMarketBasedOptionsOutstanding_7F771836CB2447180CD9E62C2292AED6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NumberOfMarketBasedOptionsOutstanding</link:label>
    <link:label id="lab_ocn_NumberOfMarketBasedOptionsOutstanding_7F771836CB2447180CD9E62C2292AED6_documentation_en-US" xlink:label="lab_ocn_NumberOfMarketBasedOptionsOutstanding_7F771836CB2447180CD9E62C2292AED6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Market-based Options Outstanding at balance sheet date.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfMarketBasedOptionsOutstanding" xlink:label="loc_ocn_NumberOfMarketBasedOptionsOutstanding_7F771836CB2447180CD9E62C2292AED6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfMarketBasedOptionsOutstanding_7F771836CB2447180CD9E62C2292AED6" xlink:to="lab_ocn_NumberOfMarketBasedOptionsOutstanding_7F771836CB2447180CD9E62C2292AED6" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfMarketBasedOptionsExercisable_67ED2891E658FCF022AAE62C22926B05_terseLabel_en-US" xlink:label="lab_ocn_NumberOfMarketBasedOptionsExercisable_67ED2891E658FCF022AAE62C22926B05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market-based options outstanding, exercisable (in shares)</link:label>
    <link:label id="lab_ocn_NumberOfMarketBasedOptionsExercisable_67ED2891E658FCF022AAE62C22926B05_label_en-US" xlink:label="lab_ocn_NumberOfMarketBasedOptionsExercisable_67ED2891E658FCF022AAE62C22926B05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NumberOfMarketBasedOptionsExercisable</link:label>
    <link:label id="lab_ocn_NumberOfMarketBasedOptionsExercisable_67ED2891E658FCF022AAE62C22926B05_documentation_en-US" xlink:label="lab_ocn_NumberOfMarketBasedOptionsExercisable_67ED2891E658FCF022AAE62C22926B05" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Market-based Options Exercisable</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NumberOfMarketBasedOptionsExercisable" xlink:label="loc_ocn_NumberOfMarketBasedOptionsExercisable_67ED2891E658FCF022AAE62C22926B05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfMarketBasedOptionsExercisable_67ED2891E658FCF022AAE62C22926B05" xlink:to="lab_ocn_NumberOfMarketBasedOptionsExercisable_67ED2891E658FCF022AAE62C22926B05" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_FD9C0F6EC6C7954C5448E62C2292D15A_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_FD9C0F6EC6C7954C5448E62C2292D15A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average remaining contractual term of options outstanding</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_FD9C0F6EC6C7954C5448E62C2292D15A_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_FD9C0F6EC6C7954C5448E62C2292D15A" 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, Weighted Average Remaining Contractual Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_FD9C0F6EC6C7954C5448E62C2292D15A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_FD9C0F6EC6C7954C5448E62C2292D15A" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_FD9C0F6EC6C7954C5448E62C2292D15A" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_2525238ED67DEF1BCF73E62C229350FD_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_2525238ED67DEF1BCF73E62C229350FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average remaining contractual term of options exercisable</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_2525238ED67DEF1BCF73E62C229350FD_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_2525238ED67DEF1BCF73E62C229350FD" 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, Exercisable, Weighted Average Remaining Contractual Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_2525238ED67DEF1BCF73E62C229350FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_2525238ED67DEF1BCF73E62C229350FD" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_2525238ED67DEF1BCF73E62C229350FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_B795C01019653D1B4E60E62C2293DAD5_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_B795C01019653D1B4E60E62C2293DAD5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total fair value of stock options vested and became exercisable</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_B795C01019653D1B4E60E62C2293DAD5_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_B795C01019653D1B4E60E62C2293DAD5" 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, Vested in Period, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_B795C01019653D1B4E60E62C2293DAD5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_B795C01019653D1B4E60E62C2293DAD5" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_B795C01019653D1B4E60E62C2293DAD5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_165EFB19345583CC165CB1D5BA4A3E20_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_165EFB19345583CC165CB1D5BA4A3E20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Quarterly Results of Operations (Unaudited)</link:label>
    <link:label id="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_165EFB19345583CC165CB1D5BA4A3E20_label_en-US" xlink:label="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_165EFB19345583CC165CB1D5BA4A3E20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Quarterly Financial Information [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_165EFB19345583CC165CB1D5BA4A3E20" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_165EFB19345583CC165CB1D5BA4A3E20" xlink:to="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_165EFB19345583CC165CB1D5BA4A3E20" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConventionalLoanMember_10684D4D23AAD1F97A0A178970C57A3C_terseLabel_en-US" xlink:label="lab_us-gaap_ConventionalLoanMember_10684D4D23AAD1F97A0A178970C57A3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conventional [Member]</link:label>
    <link:label id="lab_us-gaap_ConventionalLoanMember_10684D4D23AAD1F97A0A178970C57A3C_label_en-US" xlink:label="lab_us-gaap_ConventionalLoanMember_10684D4D23AAD1F97A0A178970C57A3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conventional Mortgage Loan [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ConventionalLoanMember" xlink:label="loc_us-gaap_ConventionalLoanMember_10684D4D23AAD1F97A0A178970C57A3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConventionalLoanMember_10684D4D23AAD1F97A0A178970C57A3C" xlink:to="lab_us-gaap_ConventionalLoanMember_10684D4D23AAD1F97A0A178970C57A3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_3528EB8F74EBDD306878178970C678A3_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_3528EB8F74EBDD306878178970C678A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing Asset at Fair Value, Amount [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_3528EB8F74EBDD306878178970C678A3_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_3528EB8F74EBDD306878178970C678A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Fair Value, Amount [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmountRollForward" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmountRollForward_3528EB8F74EBDD306878178970C678A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAmountRollForward_3528EB8F74EBDD306878178970C678A3" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_3528EB8F74EBDD306878178970C678A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_433FB97090E41BD113BB178970C6D74C_periodStartLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_433FB97090E41BD113BB178970C6D74C" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmount_433FB97090E41BD113BB178970C6D74C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAmount_433FB97090E41BD113BB178970C6D74C" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAmount_433FB97090E41BD113BB178970C6D74C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_666B3C885914D180C59D178970C68241_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_666B3C885914D180C59D178970C68241" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cumulative effect of fair value election</link:label>
    <link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_666B3C885914D180C59D178970C68241_label_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_666B3C885914D180C59D178970C68241" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Option, Changes in Fair Value, Gain (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueOptionChangesInFairValueGainLoss1" xlink:label="loc_us-gaap_FairValueOptionChangesInFairValueGainLoss1_666B3C885914D180C59D178970C68241" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOptionChangesInFairValueGainLoss1_666B3C885914D180C59D178970C68241" xlink:to="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_666B3C885914D180C59D178970C68241" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueDisposals_2EE1BC5579E5E862BA2C178970C65350_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueDisposals_2EE1BC5579E5E862BA2C178970C65350" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Sales</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueDisposals_2EE1BC5579E5E862BA2C178970C65350_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueDisposals_2EE1BC5579E5E862BA2C178970C65350" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Fair Value, Disposals</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtFairValueDisposals" xlink:label="loc_us-gaap_ServicingAssetAtFairValueDisposals_2EE1BC5579E5E862BA2C178970C65350" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueDisposals_2EE1BC5579E5E862BA2C178970C65350" xlink:to="lab_us-gaap_ServicingAssetAtFairValueDisposals_2EE1BC5579E5E862BA2C178970C65350" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales_318C3F29D4DA8427593E178970C6EE62_terseLabel_en-US" xlink:label="lab_ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales_318C3F29D4DA8427593E178970C6EE62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions recognized on the sale of residential mortgage loans</link:label>
    <link:label id="lab_ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales_318C3F29D4DA8427593E178970C6EE62_label_en-US" xlink:label="lab_ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales_318C3F29D4DA8427593E178970C6EE62" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Assets at Fair Value, Additions Recognized from Mortgage Sales</link:label>
    <link:label id="lab_ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales_318C3F29D4DA8427593E178970C6EE62_documentation_en-US" xlink:label="lab_ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales_318C3F29D4DA8427593E178970C6EE62" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Servicing Assets at Fair Value, Additions Recognized from Mortgage Sales</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales" xlink:label="loc_ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales_318C3F29D4DA8427593E178970C6EE62" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales_318C3F29D4DA8427593E178970C6EE62" xlink:to="lab_ocn_ServicingAssetsatFairValueAdditionsRecognizedfromMortgageSales_318C3F29D4DA8427593E178970C6EE62" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_FCFFA9BC409095D3FA6F178970C6F8BA_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_FCFFA9BC409095D3FA6F178970C6F8BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing transfers and adjustments</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_FCFFA9BC409095D3FA6F178970C6F8BA_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_FCFFA9BC409095D3FA6F178970C6F8BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Fair Value, Other Changes that Affect Balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance" xlink:label="loc_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_FCFFA9BC409095D3FA6F178970C6F8BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_FCFFA9BC409095D3FA6F178970C6F8BA" xlink:to="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_FCFFA9BC409095D3FA6F178970C6F8BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions_0328A16D811C685673D3178970C66FEA_terseLabel_en-US" xlink:label="lab_us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions_0328A16D811C685673D3178970C66FEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in valuation inputs or other assumptions</link:label>
    <link:label id="lab_us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions_0328A16D811C685673D3178970C66FEA_label_en-US" xlink:label="lab_us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions_0328A16D811C685673D3178970C66FEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset at Fair Value, Changes in Fair Value Resulting from Changes in Assumptions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions" xlink:label="loc_us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions_0328A16D811C685673D3178970C66FEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions_0328A16D811C685673D3178970C66FEA" xlink:to="lab_us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions_0328A16D811C685673D3178970C66FEA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue_A3671447C40D53A89295178970C6FC27_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue_A3671447C40D53A89295178970C6FC27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Realization of expected future cash flows and other changes</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue_A3671447C40D53A89295178970C6FC27_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue_A3671447C40D53A89295178970C6FC27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Fair Value, Other Changes in Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue" xlink:label="loc_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue_A3671447C40D53A89295178970C6FC27" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue_A3671447C40D53A89295178970C6FC27" xlink:to="lab_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue_A3671447C40D53A89295178970C6FC27" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_93AE99E1A1BC94EC562D178970C696EF_periodEndLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_93AE99E1A1BC94EC562D178970C696EF" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmount_93AE99E1A1BC94EC562D178970C696EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAmount_93AE99E1A1BC94EC562D178970C696EF" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAmount_93AE99E1A1BC94EC562D178970C696EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_005946207A60EED00F0EB1D5B6E36159_terseLabel_en-US" xlink:label="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_005946207A60EED00F0EB1D5B6E36159" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisitions</link:label>
    <link:label id="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_005946207A60EED00F0EB1D5B6E36159_label_en-US" xlink:label="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_005946207A60EED00F0EB1D5B6E36159" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mergers, Acquisitions and Dispositions Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock" xlink:label="loc_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_005946207A60EED00F0EB1D5B6E36159" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_005946207A60EED00F0EB1D5B6E36159" xlink:to="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_005946207A60EED00F0EB1D5B6E36159" xlink:type="arc" />
    <link:label id="lab_us-gaap_NatureOfOperations_D20BEB3BFDD55A30DFB9F4B49A9029A6_terseLabel_en-US" xlink:label="lab_us-gaap_NatureOfOperations_D20BEB3BFDD55A30DFB9F4B49A9029A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization</link:label>
    <link:label id="lab_us-gaap_NatureOfOperations_D20BEB3BFDD55A30DFB9F4B49A9029A6_label_en-US" xlink:label="lab_us-gaap_NatureOfOperations_D20BEB3BFDD55A30DFB9F4B49A9029A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nature of Operations [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NatureOfOperations" xlink:label="loc_us-gaap_NatureOfOperations_D20BEB3BFDD55A30DFB9F4B49A9029A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NatureOfOperations_D20BEB3BFDD55A30DFB9F4B49A9029A6" xlink:to="lab_us-gaap_NatureOfOperations_D20BEB3BFDD55A30DFB9F4B49A9029A6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_DD1F7CDA0CC565F8391DF4B49A90CB17_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_DD1F7CDA0CC565F8391DF4B49A90CB17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation and Basis of Presentation</link:label>
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_DD1F7CDA0CC565F8391DF4B49A90CB17_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_DD1F7CDA0CC565F8391DF4B49A90CB17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_DD1F7CDA0CC565F8391DF4B49A90CB17" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationPolicyTextBlock_DD1F7CDA0CC565F8391DF4B49A90CB17" xlink:to="lab_us-gaap_ConsolidationPolicyTextBlock_DD1F7CDA0CC565F8391DF4B49A90CB17" xlink:type="arc" />
    <link:label id="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_41AD64DC5F248299C8A2F4B49A90BE9B_terseLabel_en-US" xlink:label="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_41AD64DC5F248299C8A2F4B49A90BE9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassifications</link:label>
    <link:label id="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_41AD64DC5F248299C8A2F4B49A90BE9B_label_en-US" xlink:label="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_41AD64DC5F248299C8A2F4B49A90BE9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PriorPeriodReclassificationAdjustmentDescription" xlink:label="loc_us-gaap_PriorPeriodReclassificationAdjustmentDescription_41AD64DC5F248299C8A2F4B49A90BE9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PriorPeriodReclassificationAdjustmentDescription_41AD64DC5F248299C8A2F4B49A90BE9B" xlink:to="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_41AD64DC5F248299C8A2F4B49A90BE9B" xlink:type="arc" />
    <link:label id="lab_us-gaap_UseOfEstimates_515513017E917C75D833F4B49A906280_terseLabel_en-US" xlink:label="lab_us-gaap_UseOfEstimates_515513017E917C75D833F4B49A906280" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Use of Estimates and Assumptions</link:label>
    <link:label id="lab_us-gaap_UseOfEstimates_515513017E917C75D833F4B49A906280_label_en-US" xlink:label="lab_us-gaap_UseOfEstimates_515513017E917C75D833F4B49A906280" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Use of Estimates, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaap_UseOfEstimates_515513017E917C75D833F4B49A906280" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UseOfEstimates_515513017E917C75D833F4B49A906280" xlink:to="lab_us-gaap_UseOfEstimates_515513017E917C75D833F4B49A906280" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_751F0903D3C7E47034B4F4B49A90DD2D_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_751F0903D3C7E47034B4F4B49A90DD2D" 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_CashAndCashEquivalentsPolicyTextBlock_751F0903D3C7E47034B4F4B49A90DD2D_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_751F0903D3C7E47034B4F4B49A90DD2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_751F0903D3C7E47034B4F4B49A90DD2D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_751F0903D3C7E47034B4F4B49A90DD2D" xlink:to="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_751F0903D3C7E47034B4F4B49A90DD2D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansAndLeasesReceivableMortgageBankingActivitiesPolicy_96B54A601EFFFA04BCB4F4B49A917AA3_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableMortgageBankingActivitiesPolicy_96B54A601EFFFA04BCB4F4B49A917AA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights</link:label>
    <link:label id="lab_us-gaap_LoansAndLeasesReceivableMortgageBankingActivitiesPolicy_96B54A601EFFFA04BCB4F4B49A917AA3_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableMortgageBankingActivitiesPolicy_96B54A601EFFFA04BCB4F4B49A917AA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans and Leases Receivable, Mortgage Banking Activities, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LoansAndLeasesReceivableMortgageBankingActivitiesPolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivableMortgageBankingActivitiesPolicy_96B54A601EFFFA04BCB4F4B49A917AA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableMortgageBankingActivitiesPolicy_96B54A601EFFFA04BCB4F4B49A917AA3" xlink:to="lab_us-gaap_LoansAndLeasesReceivableMortgageBankingActivitiesPolicy_96B54A601EFFFA04BCB4F4B49A917AA3" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesandMatchFundedAdvancesPolicyTextBlock_1BB81047F60D4D52225DF4B49A915555_terseLabel_en-US" xlink:label="lab_ocn_AdvancesandMatchFundedAdvancesPolicyTextBlock_1BB81047F60D4D52225DF4B49A915555" 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_AdvancesandMatchFundedAdvancesPolicyTextBlock_1BB81047F60D4D52225DF4B49A915555_label_en-US" xlink:label="lab_ocn_AdvancesandMatchFundedAdvancesPolicyTextBlock_1BB81047F60D4D52225DF4B49A915555" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances and Match Funded Advances [Policy Text Block]</link:label>
    <link:label id="lab_ocn_AdvancesandMatchFundedAdvancesPolicyTextBlock_1BB81047F60D4D52225DF4B49A915555_documentation_en-US" xlink:label="lab_ocn_AdvancesandMatchFundedAdvancesPolicyTextBlock_1BB81047F60D4D52225DF4B49A915555" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances and Match Funded Advances [Policy Text Block]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdvancesandMatchFundedAdvancesPolicyTextBlock" xlink:label="loc_ocn_AdvancesandMatchFundedAdvancesPolicyTextBlock_1BB81047F60D4D52225DF4B49A915555" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesandMatchFundedAdvancesPolicyTextBlock_1BB81047F60D4D52225DF4B49A915555" xlink:to="lab_ocn_AdvancesandMatchFundedAdvancesPolicyTextBlock_1BB81047F60D4D52225DF4B49A915555" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_643E660F5D0D4B6D10FEF4B49A911DE8_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_643E660F5D0D4B6D10FEF4B49A911DE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Held for Sale</link:label>
    <link:label id="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_643E660F5D0D4B6D10FEF4B49A911DE8_label_en-US" xlink:label="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_643E660F5D0D4B6D10FEF4B49A911DE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy" xlink:label="loc_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_643E660F5D0D4B6D10FEF4B49A911DE8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_643E660F5D0D4B6D10FEF4B49A911DE8" xlink:to="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_643E660F5D0D4B6D10FEF4B49A911DE8" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForInvestmentPolicy_80506DC2F2614AF8BCCFF4B49A91E548_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForInvestmentPolicy_80506DC2F2614AF8BCCFF4B49A91E548" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Held for Investment - Reverse Mortgages</link:label>
    <link:label id="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForInvestmentPolicy_80506DC2F2614AF8BCCFF4B49A91E548_label_en-US" xlink:label="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForInvestmentPolicy_80506DC2F2614AF8BCCFF4B49A91E548" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance, Loan and Lease Receivables, Held-for-investment, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FinanceLoanAndLeaseReceivablesHeldForInvestmentPolicy" xlink:label="loc_us-gaap_FinanceLoanAndLeaseReceivablesHeldForInvestmentPolicy_80506DC2F2614AF8BCCFF4B49A91E548" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLoanAndLeaseReceivablesHeldForInvestmentPolicy_80506DC2F2614AF8BCCFF4B49A91E548" xlink:to="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForInvestmentPolicy_80506DC2F2614AF8BCCFF4B49A91E548" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_9A5C3A682F0AA2858F2BF4B49A9107CF_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_9A5C3A682F0AA2858F2BF4B49A9107CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers of Financial Assets</link:label>
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_9A5C3A682F0AA2858F2BF4B49A9107CF_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_9A5C3A682F0AA2858F2BF4B49A9107CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers and Servicing of Financial Assets, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_9A5C3A682F0AA2858F2BF4B49A9107CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_9A5C3A682F0AA2858F2BF4B49A9107CF" xlink:to="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_9A5C3A682F0AA2858F2BF4B49A9107CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_F14C03085CD770112944F4B49A914A96_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_F14C03085CD770112944F4B49A914A96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premises and Equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_F14C03085CD770112944F4B49A914A96_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_F14C03085CD770112944F4B49A914A96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_F14C03085CD770112944F4B49A914A96" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_F14C03085CD770112944F4B49A914A96" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_F14C03085CD770112944F4B49A914A96" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesPolicyTextBlock_8CA955D40354AA8998B7F4B49A918FD3_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesPolicyTextBlock_8CA955D40354AA8998B7F4B49A918FD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesPolicyTextBlock_8CA955D40354AA8998B7F4B49A918FD3_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesPolicyTextBlock_8CA955D40354AA8998B7F4B49A918FD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CommitmentsAndContingenciesPolicyTextBlock" xlink:label="loc_us-gaap_CommitmentsAndContingenciesPolicyTextBlock_8CA955D40354AA8998B7F4B49A918FD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesPolicyTextBlock_8CA955D40354AA8998B7F4B49A918FD3" xlink:to="lab_us-gaap_CommitmentsAndContingenciesPolicyTextBlock_8CA955D40354AA8998B7F4B49A918FD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativesPolicyTextBlock_FA82D961B7766E88E34CF4B49A9118C8_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_FA82D961B7766E88E34CF4B49A9118C8" 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_DerivativesPolicyTextBlock_FA82D961B7766E88E34CF4B49A9118C8_label_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_FA82D961B7766E88E34CF4B49A9118C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="loc_us-gaap_DerivativesPolicyTextBlock_FA82D961B7766E88E34CF4B49A9118C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesPolicyTextBlock_FA82D961B7766E88E34CF4B49A9118C8" xlink:to="lab_us-gaap_DerivativesPolicyTextBlock_FA82D961B7766E88E34CF4B49A9118C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityNoteRedeemablePreferredStockIssuePolicy_BE9E1EF96CDF3AECDB39F4B49A91E866_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteRedeemablePreferredStockIssuePolicy_BE9E1EF96CDF3AECDB39F4B49A91E866" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Convertible Preferred Stock</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityNoteRedeemablePreferredStockIssuePolicy_BE9E1EF96CDF3AECDB39F4B49A91E866_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteRedeemablePreferredStockIssuePolicy_BE9E1EF96CDF3AECDB39F4B49A91E866" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note, Redeemable Preferred Stock, Issue, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StockholdersEquityNoteRedeemablePreferredStockIssuePolicy" xlink:label="loc_us-gaap_StockholdersEquityNoteRedeemablePreferredStockIssuePolicy_BE9E1EF96CDF3AECDB39F4B49A91E866" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityNoteRedeemablePreferredStockIssuePolicy_BE9E1EF96CDF3AECDB39F4B49A91E866" xlink:to="lab_us-gaap_StockholdersEquityNoteRedeemablePreferredStockIssuePolicy_BE9E1EF96CDF3AECDB39F4B49A91E866" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_43C1B2CDBB8141195679F4B49A9130E9_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_43C1B2CDBB8141195679F4B49A9130E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-Based Compensation</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_43C1B2CDBB8141195679F4B49A9130E9_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_43C1B2CDBB8141195679F4B49A9130E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="loc_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_43C1B2CDBB8141195679F4B49A9130E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_43C1B2CDBB8141195679F4B49A9130E9" xlink:to="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_43C1B2CDBB8141195679F4B49A9130E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_05043F8309FAC9DEF33EF4B49A91F79A_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_05043F8309FAC9DEF33EF4B49A91F79A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_05043F8309FAC9DEF33EF4B49A91F79A_label_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_05043F8309FAC9DEF33EF4B49A91F79A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaap_IncomeTaxPolicyTextBlock_05043F8309FAC9DEF33EF4B49A91F79A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxPolicyTextBlock_05043F8309FAC9DEF33EF4B49A91F79A" xlink:to="lab_us-gaap_IncomeTaxPolicyTextBlock_05043F8309FAC9DEF33EF4B49A91F79A" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_11AEE55F1DEAB85F595FF4B49A9140D6_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_11AEE55F1DEAB85F595FF4B49A9140D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic and Diluted Earnings per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_11AEE55F1DEAB85F595FF4B49A9140D6_label_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_11AEE55F1DEAB85F595FF4B49A9140D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="loc_us-gaap_EarningsPerSharePolicyTextBlock_11AEE55F1DEAB85F595FF4B49A9140D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerSharePolicyTextBlock_11AEE55F1DEAB85F595FF4B49A9140D6" xlink:to="lab_us-gaap_EarningsPerSharePolicyTextBlock_11AEE55F1DEAB85F595FF4B49A9140D6" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_093C05C134327B13DB2EF4B49A91C149_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_093C05C134327B13DB2EF4B49A91C149" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recently Adopted Accounting Standards</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_093C05C134327B13DB2EF4B49A91C149_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_093C05C134327B13DB2EF4B49A91C149" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_093C05C134327B13DB2EF4B49A91C149" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_093C05C134327B13DB2EF4B49A91C149" xlink:to="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_093C05C134327B13DB2EF4B49A91C149" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromCollectionOfLoansReceivable_6FA90EA32305115CC05B193175BB6F94_totalLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromCollectionOfLoansReceivable_6FA90EA32305115CC05B193175BB6F94" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Servicing fees collected on behalf of NRZ/HLSS</link:label>
    <link:label id="lab_us-gaap_ProceedsFromCollectionOfLoansReceivable_6FA90EA32305115CC05B193175BB6F94_label_en-US" xlink:label="lab_us-gaap_ProceedsFromCollectionOfLoansReceivable_6FA90EA32305115CC05B193175BB6F94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Collection of Loans Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromCollectionOfLoansReceivable" xlink:label="loc_us-gaap_ProceedsFromCollectionOfLoansReceivable_6FA90EA32305115CC05B193175BB6F94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromCollectionOfLoansReceivable_6FA90EA32305115CC05B193175BB6F94" xlink:to="lab_us-gaap_ProceedsFromCollectionOfLoansReceivable_6FA90EA32305115CC05B193175BB6F94" xlink:type="arc" />
    <link:label id="lab_ocn_BankServicingFeesRetained_7C7D8C0DF71474745E37193175BB8883_terseLabel_en-US" xlink:label="lab_ocn_BankServicingFeesRetained_7C7D8C0DF71474745E37193175BB8883" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Servicing fee retained by Ocwen</link:label>
    <link:label id="lab_ocn_BankServicingFeesRetained_7C7D8C0DF71474745E37193175BB8883_label_en-US" xlink:label="lab_ocn_BankServicingFeesRetained_7C7D8C0DF71474745E37193175BB8883" 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_7C7D8C0DF71474745E37193175BB8883_documentation_en-US" xlink:label="lab_ocn_BankServicingFeesRetained_7C7D8C0DF71474745E37193175BB8883" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank Servicing Fees Retained</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BankServicingFeesRetained" xlink:label="loc_ocn_BankServicingFeesRetained_7C7D8C0DF71474745E37193175BB8883" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BankServicingFeesRetained_7C7D8C0DF71474745E37193175BB8883" xlink:to="lab_ocn_BankServicingFeesRetained_7C7D8C0DF71474745E37193175BB8883" xlink:type="arc" />
    <link:label id="lab_ocn_BankServicingFeesRemitted_73E27E06A1BF0DC503E4193175BB48AD_totalLabel_en-US" xlink:label="lab_ocn_BankServicingFeesRemitted_73E27E06A1BF0DC503E4193175BB48AD" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net servicing fees remitted to NRZ/HLSS</link:label>
    <link:label id="lab_ocn_BankServicingFeesRemitted_73E27E06A1BF0DC503E4193175BB48AD_label_en-US" xlink:label="lab_ocn_BankServicingFeesRemitted_73E27E06A1BF0DC503E4193175BB48AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Servicing Fees, Remitted</link:label>
    <link:label id="lab_ocn_BankServicingFeesRemitted_73E27E06A1BF0DC503E4193175BB48AD_documentation_en-US" xlink:label="lab_ocn_BankServicingFeesRemitted_73E27E06A1BF0DC503E4193175BB48AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank Servicing Fees, Remitted</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BankServicingFeesRemitted" xlink:label="loc_ocn_BankServicingFeesRemitted_73E27E06A1BF0DC503E4193175BB48AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BankServicingFeesRemitted_73E27E06A1BF0DC503E4193175BB48AD" xlink:to="lab_ocn_BankServicingFeesRemitted_73E27E06A1BF0DC503E4193175BB48AD" xlink:type="arc" />
    <link:label id="lab_ocn_ReductioninFinancingLiability_E9EB9258D59C0A36A461193175BBD4C2_terseLabel_en-US" xlink:label="lab_ocn_ReductioninFinancingLiability_E9EB9258D59C0A36A461193175BBD4C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Reduction in financing liability</link:label>
    <link:label id="lab_ocn_ReductioninFinancingLiability_E9EB9258D59C0A36A461193175BBD4C2_label_en-US" xlink:label="lab_ocn_ReductioninFinancingLiability_E9EB9258D59C0A36A461193175BBD4C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reduction in Financing Liability</link:label>
    <link:label id="lab_ocn_ReductioninFinancingLiability_E9EB9258D59C0A36A461193175BBD4C2_documentation_en-US" xlink:label="lab_ocn_ReductioninFinancingLiability_E9EB9258D59C0A36A461193175BBD4C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reduction in Financing Liability</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ReductioninFinancingLiability" xlink:label="loc_ocn_ReductioninFinancingLiability_E9EB9258D59C0A36A461193175BBD4C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ReductioninFinancingLiability_E9EB9258D59C0A36A461193175BBD4C2" xlink:to="lab_ocn_ReductioninFinancingLiability_E9EB9258D59C0A36A461193175BBD4C2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingInterestExpense_C2CBF3826443818A6D91193175BB7ABE_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingInterestExpense_C2CBF3826443818A6D91193175BB7ABE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense on NRZ/HLSS financing liability</link:label>
    <link:label id="lab_us-gaap_FinancingInterestExpense_C2CBF3826443818A6D91193175BB7ABE_label_en-US" xlink:label="lab_us-gaap_FinancingInterestExpense_C2CBF3826443818A6D91193175BB7ABE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FinancingInterestExpense" xlink:label="loc_us-gaap_FinancingInterestExpense_C2CBF3826443818A6D91193175BB7ABE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingInterestExpense_C2CBF3826443818A6D91193175BB7ABE" xlink:to="lab_us-gaap_FinancingInterestExpense_C2CBF3826443818A6D91193175BB7ABE" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_24DF11A09DE60BC0B8B9B1D5BC73F593_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_24DF11A09DE60BC0B8B9B1D5BC73F593" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Cash Flows Received from and Paid to Securitization Trusts Related to Transfers Accounted for as Sales Outstanding</link:label>
    <link:label id="lab_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_24DF11A09DE60BC0B8B9B1D5BC73F593_label_en-US" xlink:label="lab_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_24DF11A09DE60BC0B8B9B1D5BC73F593" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Cash Flows Related To Transfers Accounted For As Sale [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_24DF11A09DE60BC0B8B9B1D5BC73F593_documentation_en-US" xlink:label="lab_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_24DF11A09DE60BC0B8B9B1D5BC73F593" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Cash Flows Related To Transfers Accounted For As Sale [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" xlink:label="loc_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_24DF11A09DE60BC0B8B9B1D5BC73F593" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_24DF11A09DE60BC0B8B9B1D5BC73F593" xlink:to="lab_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_24DF11A09DE60BC0B8B9B1D5BC73F593" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_A574BFC5DDA34A32D943B1D5BC732210_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_A574BFC5DDA34A32D943B1D5BC732210" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Carrying Amounts of Assets that Relate to Continuing Involvement with Transferred Forward Loans</link:label>
    <link:label id="lab_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_A574BFC5DDA34A32D943B1D5BC732210_label_en-US" xlink:label="lab_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_A574BFC5DDA34A32D943B1D5BC732210" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Assets That Relate To Continuing Involvement With Transferred Financial Assets With Servicing Rights And Maximum Exposure To Loss Including The Unpaid Principal Balance [Table Text Block]</link:label>
    <link:label id="lab_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_A574BFC5DDA34A32D943B1D5BC732210_documentation_en-US" xlink:label="lab_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_A574BFC5DDA34A32D943B1D5BC732210" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Assets That Relate To Continuing Involvement With Transferred Financial Assets With Servicing Rights And Maximum Exposure To Loss Including The Unpaid Principal Balance [Table Text Block]</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" xlink:label="loc_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_A574BFC5DDA34A32D943B1D5BC732210" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_A574BFC5DDA34A32D943B1D5BC732210" xlink:to="lab_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_A574BFC5DDA34A32D943B1D5BC732210" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_C49379B9AD5F86B03DE71DD6A2831578_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_C49379B9AD5F86B03DE71DD6A2831578" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Defined Benefit Plans Disclosures [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_C49379B9AD5F86B03DE71DD6A2831578_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_C49379B9AD5F86B03DE71DD6A2831578" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Defined Benefit Plans Disclosures [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="loc_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_C49379B9AD5F86B03DE71DD6A2831578" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_C49379B9AD5F86B03DE71DD6A2831578" xlink:to="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_C49379B9AD5F86B03DE71DD6A2831578" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_547E5C952EADF7B083931DD6A2830A8E_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_547E5C952EADF7B083931DD6A2830A8E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_547E5C952EADF7B083931DD6A2830A8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_547E5C952EADF7B083931DD6A2830A8E" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_547E5C952EADF7B083931DD6A2830A8E" xlink:type="arc" />
    <link:label id="lab_ocn_MarketConditionForVestingMember_1DEABC56C31A954BD9171DD6A283D809_terseLabel_en-US" xlink:label="lab_ocn_MarketConditionForVestingMember_1DEABC56C31A954BD9171DD6A283D809" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market Condition For Vesting [Member]</link:label>
    <link:label id="lab_ocn_MarketConditionForVestingMember_1DEABC56C31A954BD9171DD6A283D809_label_en-US" xlink:label="lab_ocn_MarketConditionForVestingMember_1DEABC56C31A954BD9171DD6A283D809" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Condition For Vesting [Member]</link:label>
    <link:label id="lab_ocn_MarketConditionForVestingMember_1DEABC56C31A954BD9171DD6A283D809_documentation_en-US" xlink:label="lab_ocn_MarketConditionForVestingMember_1DEABC56C31A954BD9171DD6A283D809" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market condition for vesting.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_MarketConditionForVestingMember" xlink:label="loc_ocn_MarketConditionForVestingMember_1DEABC56C31A954BD9171DD6A283D809" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarketConditionForVestingMember_1DEABC56C31A954BD9171DD6A283D809" xlink:to="lab_ocn_MarketConditionForVestingMember_1DEABC56C31A954BD9171DD6A283D809" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_61499A21D04C856C8D9B1DD6A283ABC2_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_61499A21D04C856C8D9B1DD6A283ABC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Disclosure [Line Items]</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_61499A21D04C856C8D9B1DD6A283ABC2_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_61499A21D04C856C8D9B1DD6A283ABC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Disclosure [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="loc_us-gaap_DefinedBenefitPlanDisclosureLineItems_61499A21D04C856C8D9B1DD6A283ABC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanDisclosureLineItems_61499A21D04C856C8D9B1DD6A283ABC2" xlink:to="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_61499A21D04C856C8D9B1DD6A283ABC2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_6E7052FB2A54C57306D71DD6A283EC19_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_6E7052FB2A54C57306D71DD6A283EC19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employer percent match of employee contributions</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_6E7052FB2A54C57306D71DD6A283EC19_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_6E7052FB2A54C57306D71DD6A283EC19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent" xlink:label="loc_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_6E7052FB2A54C57306D71DD6A283EC19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_6E7052FB2A54C57306D71DD6A283EC19" xlink:to="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_6E7052FB2A54C57306D71DD6A283EC19" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_596BE1755D03D7A83CAF1DD6A2833B8E_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_596BE1755D03D7A83CAF1DD6A2833B8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employer match limit, percent of employee compensation</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_596BE1755D03D7A83CAF1DD6A2833B8E_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_596BE1755D03D7A83CAF1DD6A2833B8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent" xlink:label="loc_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_596BE1755D03D7A83CAF1DD6A2833B8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_596BE1755D03D7A83CAF1DD6A2833B8E" xlink:to="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_596BE1755D03D7A83CAF1DD6A2833B8E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_0F09CEB88A76F4E5862B1DD6A2836B2A_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_0F09CEB88A76F4E5862B1DD6A2836B2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contributions to 401(k)</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_0F09CEB88A76F4E5862B1DD6A2836B2A_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_0F09CEB88A76F4E5862B1DD6A2836B2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Employer Discretionary Contribution Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount" xlink:label="loc_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_0F09CEB88A76F4E5862B1DD6A2836B2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_0F09CEB88A76F4E5862B1DD6A2836B2A" xlink:to="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_0F09CEB88A76F4E5862B1DD6A2836B2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalariesAndWages_2322E4E899F7BDF0B5E51DD6A2836B09_terseLabel_en-US" xlink:label="lab_us-gaap_SalariesAndWages_2322E4E899F7BDF0B5E51DD6A2836B09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation expense recognized</link:label>
    <link:label id="lab_us-gaap_SalariesAndWages_2322E4E899F7BDF0B5E51DD6A2836B09_label_en-US" xlink:label="lab_us-gaap_SalariesAndWages_2322E4E899F7BDF0B5E51DD6A2836B09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SalariesAndWages" xlink:label="loc_us-gaap_SalariesAndWages_2322E4E899F7BDF0B5E51DD6A2836B09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalariesAndWages_2322E4E899F7BDF0B5E51DD6A2836B09" xlink:to="lab_us-gaap_SalariesAndWages_2322E4E899F7BDF0B5E51DD6A2836B09" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_95928564E139C0F8296F1DD6A283BC23_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_95928564E139C0F8296F1DD6A283BC23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock remaining available for future issuance (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_95928564E139C0F8296F1DD6A283BC23_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_95928564E139C0F8296F1DD6A283BC23" 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, Number of Shares Available for Grant</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_95928564E139C0F8296F1DD6A283BC23" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_95928564E139C0F8296F1DD6A283BC23" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_95928564E139C0F8296F1DD6A283BC23" xlink:type="arc" />
    <link:label id="lab_ocn_ShareBasedAwardContractualTermAtIssuance_14223D87F7F8448441B91DD6A2835C52_terseLabel_en-US" xlink:label="lab_ocn_ShareBasedAwardContractualTermAtIssuance_14223D87F7F8448441B91DD6A2835C52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual term of all options granted</link:label>
    <link:label id="lab_ocn_ShareBasedAwardContractualTermAtIssuance_14223D87F7F8448441B91DD6A2835C52_label_en-US" xlink:label="lab_ocn_ShareBasedAwardContractualTermAtIssuance_14223D87F7F8448441B91DD6A2835C52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ShareBasedAwardContractualTermAtIssuance</link:label>
    <link:label id="lab_ocn_ShareBasedAwardContractualTermAtIssuance_14223D87F7F8448441B91DD6A2835C52_documentation_en-US" xlink:label="lab_ocn_ShareBasedAwardContractualTermAtIssuance_14223D87F7F8448441B91DD6A2835C52" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share based payment award's contractual term per the terms of the agreement.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ShareBasedAwardContractualTermAtIssuance" xlink:label="loc_ocn_ShareBasedAwardContractualTermAtIssuance_14223D87F7F8448441B91DD6A2835C52" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ShareBasedAwardContractualTermAtIssuance_14223D87F7F8448441B91DD6A2835C52" xlink:to="lab_ocn_ShareBasedAwardContractualTermAtIssuance_14223D87F7F8448441B91DD6A2835C52" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_208B2EA307C900055AB11DD6A28380AE_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_208B2EA307C900055AB11DD6A28380AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted stock units granted</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_208B2EA307C900055AB11DD6A28380AE_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_208B2EA307C900055AB11DD6A28380AE" 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, Equity Instruments Other than Options, Grants in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_208B2EA307C900055AB11DD6A28380AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_208B2EA307C900055AB11DD6A28380AE" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_208B2EA307C900055AB11DD6A28380AE" xlink:type="arc" />
    <link:label id="lab_ocn_CommonStockTradingPrice_16DB7DFFDC52FC8BCDB71DD6A283E26E_terseLabel_en-US" xlink:label="lab_ocn_CommonStockTradingPrice_16DB7DFFDC52FC8BCDB71DD6A283E26E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average common stock trading price</link:label>
    <link:label id="lab_ocn_CommonStockTradingPrice_16DB7DFFDC52FC8BCDB71DD6A283E26E_label_en-US" xlink:label="lab_ocn_CommonStockTradingPrice_16DB7DFFDC52FC8BCDB71DD6A283E26E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock Trading Price</link:label>
    <link:label id="lab_ocn_CommonStockTradingPrice_16DB7DFFDC52FC8BCDB71DD6A283E26E_documentation_en-US" xlink:label="lab_ocn_CommonStockTradingPrice_16DB7DFFDC52FC8BCDB71DD6A283E26E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Required target average common stock trading price for vesting restricted stock units.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_CommonStockTradingPrice" xlink:label="loc_ocn_CommonStockTradingPrice_16DB7DFFDC52FC8BCDB71DD6A283E26E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CommonStockTradingPrice_16DB7DFFDC52FC8BCDB71DD6A283E26E" xlink:to="lab_ocn_CommonStockTradingPrice_16DB7DFFDC52FC8BCDB71DD6A283E26E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_FA8544AFF232E2CB6D791DD6A28447DD_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_FA8544AFF232E2CB6D791DD6A28447DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrecognized compensation costs related to non-vested stock options</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_FA8544AFF232E2CB6D791DD6A28447DD_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_FA8544AFF232E2CB6D791DD6A28447DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_FA8544AFF232E2CB6D791DD6A28447DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_FA8544AFF232E2CB6D791DD6A28447DD" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_FA8544AFF232E2CB6D791DD6A28447DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_3F9655D5A70A937C45081DD6A28420CB_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_3F9655D5A70A937C45081DD6A28420CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average remaining requisite service period</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_3F9655D5A70A937C45081DD6A28420CB_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_3F9655D5A70A937C45081DD6A28420CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_3F9655D5A70A937C45081DD6A28420CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_3F9655D5A70A937C45081DD6A28420CB" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_3F9655D5A70A937C45081DD6A28420CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_4B273F4465E031240C251309DCE8F7B2_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_4B273F4465E031240C251309DCE8F7B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Purchase Price Allocation</link:label>
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_4B273F4465E031240C251309DCE8F7B2_label_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_4B273F4465E031240C251309DCE8F7B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_4B273F4465E031240C251309DCE8F7B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_4B273F4465E031240C251309DCE8F7B2" xlink:to="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_4B273F4465E031240C251309DCE8F7B2" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock_059CB1F1F5C2CA2FCB2C1309DCE80031_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock_059CB1F1F5C2CA2FCB2C1309DCE80031" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Post-Acquisition Results of Operations</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock_059CB1F1F5C2CA2FCB2C1309DCE80031_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock_059CB1F1F5C2CA2FCB2C1309DCE80031" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition Operating Results Since Acquisition Date [Table Text Block]</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock_059CB1F1F5C2CA2FCB2C1309DCE80031_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock_059CB1F1F5C2CA2FCB2C1309DCE80031" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure presenting the revenues and results of operations of acquiree since the date of acquisition through a period end.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock" xlink:label="loc_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock_059CB1F1F5C2CA2FCB2C1309DCE80031" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock_059CB1F1F5C2CA2FCB2C1309DCE80031" xlink:to="lab_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock_059CB1F1F5C2CA2FCB2C1309DCE80031" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_625AF75BE0C18C43051D1309DCE90757_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_625AF75BE0C18C43051D1309DCE90757" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Pro Forma Results of Operations</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_625AF75BE0C18C43051D1309DCE90757_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_625AF75BE0C18C43051D1309DCE90757" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Information [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessAcquisitionProFormaInformationTextBlock" xlink:label="loc_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_625AF75BE0C18C43051D1309DCE90757" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_625AF75BE0C18C43051D1309DCE90757" xlink:to="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_625AF75BE0C18C43051D1309DCE90757" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_DBB512408855AF04EB921309DCE902AF_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_DBB512408855AF04EB921309DCE902AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Beginning and Ending Liability Balance for Termination Costs</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_DBB512408855AF04EB921309DCE902AF_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_DBB512408855AF04EB921309DCE902AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Restructuring Reserve by Type of Cost [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock" xlink:label="loc_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_DBB512408855AF04EB921309DCE902AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_DBB512408855AF04EB921309DCE902AF" xlink:to="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_DBB512408855AF04EB921309DCE902AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_33C67502D5B11BFF9567B1D5B8FBDE78_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_33C67502D5B11BFF9567B1D5B8FBDE78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_33C67502D5B11BFF9567B1D5B8FBDE78" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesGross_33C67502D5B11BFF9567B1D5B8FBDE78" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesGross_33C67502D5B11BFF9567B1D5B8FBDE78" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_83146C206CFA68E19B62B1D5B8FB780A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_83146C206CFA68E19B62B1D5B8FB780A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_83146C206CFA68E19B62B1D5B8FB780A_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_83146C206CFA68E19B62B1D5B8FB780A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationContingentConsiderationLiability" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationLiability_83146C206CFA68E19B62B1D5B8FB780A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationContingentConsiderationLiability_83146C206CFA68E19B62B1D5B8FB780A" xlink:to="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_83146C206CFA68E19B62B1D5B8FB780A" xlink:type="arc" />
    <link:label id="lab_ocn_LoanRepurchaseAsset_A6F6B84B8A5A157B654DD0F416893D68_terseLabel_en-US" xlink:label="lab_ocn_LoanRepurchaseAsset_A6F6B84B8A5A157B654DD0F416893D68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingent loan repurchase asset</link:label>
    <link:label id="lab_ocn_LoanRepurchaseAsset_A6F6B84B8A5A157B654DD0F416893D68_label_en-US" xlink:label="lab_ocn_LoanRepurchaseAsset_A6F6B84B8A5A157B654DD0F416893D68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Repurchase Asset</link:label>
    <link:label id="lab_ocn_LoanRepurchaseAsset_A6F6B84B8A5A157B654DD0F416893D68_documentation_en-US" xlink:label="lab_ocn_LoanRepurchaseAsset_A6F6B84B8A5A157B654DD0F416893D68" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan repurchase asset.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_LoanRepurchaseAsset" xlink:label="loc_ocn_LoanRepurchaseAsset_A6F6B84B8A5A157B654DD0F416893D68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoanRepurchaseAsset_A6F6B84B8A5A157B654DD0F416893D68" xlink:to="lab_ocn_LoanRepurchaseAsset_A6F6B84B8A5A157B654DD0F416893D68" xlink:type="arc" />
    <link:label id="lab_ocn_DebtServiceAccounts_1C4958D8927139886B41D0F41689110B_terseLabel_en-US" xlink:label="lab_ocn_DebtServiceAccounts_1C4958D8927139886B41D0F41689110B" 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_1C4958D8927139886B41D0F41689110B_label_en-US" xlink:label="lab_ocn_DebtServiceAccounts_1C4958D8927139886B41D0F41689110B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Service Accounts</link:label>
    <link:label id="lab_ocn_DebtServiceAccounts_1C4958D8927139886B41D0F41689110B_documentation_en-US" xlink:label="lab_ocn_DebtServiceAccounts_1C4958D8927139886B41D0F41689110B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Service Accounts</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtServiceAccounts" xlink:label="loc_ocn_DebtServiceAccounts_1C4958D8927139886B41D0F41689110B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtServiceAccounts_1C4958D8927139886B41D0F41689110B" xlink:to="lab_ocn_DebtServiceAccounts_1C4958D8927139886B41D0F41689110B" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_946CD4C7E74F82B94F91D0F4168AE9A7_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_946CD4C7E74F82B94F91D0F4168AE9A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses</link:label>
    <link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_946CD4C7E74F82B94F91D0F4168AE9A7_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_946CD4C7E74F82B94F91D0F4168AE9A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_946CD4C7E74F82B94F91D0F4168AE9A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_946CD4C7E74F82B94F91D0F4168AE9A7" xlink:to="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_946CD4C7E74F82B94F91D0F4168AE9A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredFinanceCostsNet_2263BDDAFA9B5C4C76B2D0F41689DEF7_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNet_2263BDDAFA9B5C4C76B2D0F41689DEF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid lender fees and debt issuance costs, net</link:label>
    <link:label id="lab_us-gaap_DeferredFinanceCostsNet_2263BDDAFA9B5C4C76B2D0F41689DEF7_label_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNet_2263BDDAFA9B5C4C76B2D0F41689DEF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Finance Costs, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="loc_us-gaap_DeferredFinanceCostsNet_2263BDDAFA9B5C4C76B2D0F41689DEF7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredFinanceCostsNet_2263BDDAFA9B5C4C76B2D0F41689DEF7" xlink:to="lab_us-gaap_DeferredFinanceCostsNet_2263BDDAFA9B5C4C76B2D0F41689DEF7" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherRealEstate_DF2C161B6638E783BEEAD0F4168A843C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherRealEstate_DF2C161B6638E783BEEAD0F4168A843C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate</link:label>
    <link:label id="lab_us-gaap_OtherRealEstate_DF2C161B6638E783BEEAD0F4168A843C_label_en-US" xlink:label="lab_us-gaap_OtherRealEstate_DF2C161B6638E783BEEAD0F4168A843C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Real Estate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherRealEstate" xlink:label="loc_us-gaap_OtherRealEstate_DF2C161B6638E783BEEAD0F4168A843C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherRealEstate_DF2C161B6638E783BEEAD0F4168A843C" xlink:to="lab_us-gaap_OtherRealEstate_DF2C161B6638E783BEEAD0F4168A843C" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrepaidTaxes_BAD58C206D249776693BD0F4168A87AE_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidTaxes_BAD58C206D249776693BD0F4168A87AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid income taxes</link:label>
    <link:label id="lab_us-gaap_PrepaidTaxes_BAD58C206D249776693BD0F4168A87AE_label_en-US" xlink:label="lab_us-gaap_PrepaidTaxes_BAD58C206D249776693BD0F4168A87AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PrepaidTaxes" xlink:label="loc_us-gaap_PrepaidTaxes_BAD58C206D249776693BD0F4168A87AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidTaxes_BAD58C206D249776693BD0F4168A87AE" xlink:to="lab_us-gaap_PrepaidTaxes_BAD58C206D249776693BD0F4168A87AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssets_459B34F179CF311FE0FFD0F4168AF82D_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssets_459B34F179CF311FE0FFD0F4168AF82D" 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_PrepaidExpenseAndOtherAssets_459B34F179CF311FE0FFD0F4168AF82D_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssets_459B34F179CF311FE0FFD0F4168AF82D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssets" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssets_459B34F179CF311FE0FFD0F4168AF82D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseAndOtherAssets_459B34F179CF311FE0FFD0F4168AF82D" xlink:to="lab_us-gaap_PrepaidExpenseAndOtherAssets_459B34F179CF311FE0FFD0F4168AF82D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssets_E71E72134E9CDC9842C5D0F4168A2A18_totalLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_E71E72134E9CDC9842C5D0F4168A2A18" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_E71E72134E9CDC9842C5D0F4168A2A18" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_E71E72134E9CDC9842C5D0F4168A2A18" xlink:to="lab_us-gaap_OtherAssets_E71E72134E9CDC9842C5D0F4168A2A18" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_6559ACE64F12248C4228B1D5BCFAEA0A_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_6559ACE64F12248C4228B1D5BCFAEA0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current:</link:label>
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_6559ACE64F12248C4228B1D5BCFAEA0A_label_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_6559ACE64F12248C4228B1D5BCFAEA0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Income Tax Expense (Benefit), Continuing Operations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_6559ACE64F12248C4228B1D5BCFAEA0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_6559ACE64F12248C4228B1D5BCFAEA0A" xlink:to="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_6559ACE64F12248C4228B1D5BCFAEA0A" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentFederalTaxExpenseBenefit_05F1E01B8D222AA32BF9B1D5BCFA89F6_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentFederalTaxExpenseBenefit_05F1E01B8D222AA32BF9B1D5BCFA89F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal</link:label>
    <link:label id="lab_us-gaap_CurrentFederalTaxExpenseBenefit_05F1E01B8D222AA32BF9B1D5BCFA89F6_label_en-US" xlink:label="lab_us-gaap_CurrentFederalTaxExpenseBenefit_05F1E01B8D222AA32BF9B1D5BCFA89F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Federal Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentFederalTaxExpenseBenefit_05F1E01B8D222AA32BF9B1D5BCFA89F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentFederalTaxExpenseBenefit_05F1E01B8D222AA32BF9B1D5BCFA89F6" xlink:to="lab_us-gaap_CurrentFederalTaxExpenseBenefit_05F1E01B8D222AA32BF9B1D5BCFA89F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_55EC4CEF489A00F2B415B1D5BCFB125F_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_55EC4CEF489A00F2B415B1D5BCFB125F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State</link:label>
    <link:label id="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_55EC4CEF489A00F2B415B1D5BCFB125F_label_en-US" xlink:label="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_55EC4CEF489A00F2B415B1D5BCFB125F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current State and Local Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_55EC4CEF489A00F2B415B1D5BCFB125F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_55EC4CEF489A00F2B415B1D5BCFB125F" xlink:to="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_55EC4CEF489A00F2B415B1D5BCFB125F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2CD0DB60AB2F7E832775B1D5BCFB5A75_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2CD0DB60AB2F7E832775B1D5BCFB5A75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2CD0DB60AB2F7E832775B1D5BCFB5A75_label_en-US" xlink:label="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2CD0DB60AB2F7E832775B1D5BCFB5A75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Foreign Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentForeignTaxExpenseBenefit_2CD0DB60AB2F7E832775B1D5BCFB5A75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentForeignTaxExpenseBenefit_2CD0DB60AB2F7E832775B1D5BCFB5A75" xlink:to="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2CD0DB60AB2F7E832775B1D5BCFB5A75" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_AFA1DD05305CC18AB57EB1D5BCFB2D66_totalLabel_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_AFA1DD05305CC18AB57EB1D5BCFB2D66" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Current Income Tax Expense (Benefit)</link:label>
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_AFA1DD05305CC18AB57EB1D5BCFB2D66_label_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_AFA1DD05305CC18AB57EB1D5BCFB2D66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_AFA1DD05305CC18AB57EB1D5BCFB2D66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_AFA1DD05305CC18AB57EB1D5BCFB2D66" xlink:to="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_AFA1DD05305CC18AB57EB1D5BCFB2D66" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_147E262D9293C39AC5DEB1D5BCFB3B1F_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_147E262D9293C39AC5DEB1D5BCFB3B1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred:</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_147E262D9293C39AC5DEB1D5BCFB3B1F_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_147E262D9293C39AC5DEB1D5BCFB3B1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_147E262D9293C39AC5DEB1D5BCFB3B1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_147E262D9293C39AC5DEB1D5BCFB3B1F" xlink:to="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_147E262D9293C39AC5DEB1D5BCFB3B1F" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_EA9A17E5CFE25E4834D7B1D5BCFBAE68_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_EA9A17E5CFE25E4834D7B1D5BCFBAE68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal</link:label>
    <link:label id="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_EA9A17E5CFE25E4834D7B1D5BCFBAE68_label_en-US" xlink:label="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_EA9A17E5CFE25E4834D7B1D5BCFBAE68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Federal Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_EA9A17E5CFE25E4834D7B1D5BCFBAE68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_EA9A17E5CFE25E4834D7B1D5BCFBAE68" xlink:to="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_EA9A17E5CFE25E4834D7B1D5BCFBAE68" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E116DB627E2201421428B1D5BCFB9963_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E116DB627E2201421428B1D5BCFB9963" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State</link:label>
    <link:label id="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E116DB627E2201421428B1D5BCFB9963_label_en-US" xlink:label="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E116DB627E2201421428B1D5BCFB9963" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred State and Local Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E116DB627E2201421428B1D5BCFB9963" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E116DB627E2201421428B1D5BCFB9963" xlink:to="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E116DB627E2201421428B1D5BCFB9963" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_216E07BE56012164189CB1D5BCFB3F2B_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_216E07BE56012164189CB1D5BCFB3F2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_216E07BE56012164189CB1D5BCFB3F2B_label_en-US" xlink:label="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_216E07BE56012164189CB1D5BCFB3F2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Foreign Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_216E07BE56012164189CB1D5BCFB3F2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_216E07BE56012164189CB1D5BCFB3F2B" xlink:to="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_216E07BE56012164189CB1D5BCFB3F2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_2E9C8678069F4317E574B1D5BCFBB5CD_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_2E9C8678069F4317E574B1D5BCFBB5CD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Provision for valuation allowance on deferred tax assets</link:label>
    <link:label id="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_2E9C8678069F4317E574B1D5BCFBB5CD_label_en-US" xlink:label="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_2E9C8678069F4317E574B1D5BCFBB5CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="loc_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_2E9C8678069F4317E574B1D5BCFBB5CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_2E9C8678069F4317E574B1D5BCFBB5CD" xlink:to="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_2E9C8678069F4317E574B1D5BCFBB5CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_0E9439667A3659CB661CB1D5BCFB3F72_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_0E9439667A3659CB661CB1D5BCFB3F72" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit)</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_0E9439667A3659CB661CB1D5BCFB3F72_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_0E9439667A3659CB661CB1D5BCFB3F72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_0E9439667A3659CB661CB1D5BCFB3F72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_0E9439667A3659CB661CB1D5BCFB3F72" xlink:to="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_0E9439667A3659CB661CB1D5BCFB3F72" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_FDDA94F26ED02E8DF909B1D5B8F2286D_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_FDDA94F26ED02E8DF909B1D5B8F2286D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transactions</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_FDDA94F26ED02E8DF909B1D5B8F2286D_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_FDDA94F26ED02E8DF909B1D5B8F2286D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transactions Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="loc_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_FDDA94F26ED02E8DF909B1D5B8F2286D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_FDDA94F26ED02E8DF909B1D5B8F2286D" xlink:to="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_FDDA94F26ED02E8DF909B1D5B8F2286D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OfficeEquipmentMember_5167DAD9537E1D01026F11A63FD2B0D5_terseLabel_en-US" xlink:label="lab_us-gaap_OfficeEquipmentMember_5167DAD9537E1D01026F11A63FD2B0D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Office Equipment [Member]</link:label>
    <link:label id="lab_us-gaap_OfficeEquipmentMember_5167DAD9537E1D01026F11A63FD2B0D5_label_en-US" xlink:label="lab_us-gaap_OfficeEquipmentMember_5167DAD9537E1D01026F11A63FD2B0D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Office Equipment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OfficeEquipmentMember" xlink:label="loc_us-gaap_OfficeEquipmentMember_5167DAD9537E1D01026F11A63FD2B0D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OfficeEquipmentMember_5167DAD9537E1D01026F11A63FD2B0D5" xlink:to="lab_us-gaap_OfficeEquipmentMember_5167DAD9537E1D01026F11A63FD2B0D5" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_B34FBB185AFDF4190DA211A63FD38480_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_B34FBB185AFDF4190DA211A63FD38480" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated useful life</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_B34FBB185AFDF4190DA211A63FD38480_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_B34FBB185AFDF4190DA211A63FD38480" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Useful Life</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_B34FBB185AFDF4190DA211A63FD38480" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_B34FBB185AFDF4190DA211A63FD38480" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_B34FBB185AFDF4190DA211A63FD38480" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives_1D5DEEA6468100E5684F11A63FD3B889_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives_1D5DEEA6468100E5684F11A63FD3B889" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated useful life</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives_1D5DEEA6468100E5684F11A63FD3B889_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives_1D5DEEA6468100E5684F11A63FD3B889" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Estimated Useful Lives</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives_1D5DEEA6468100E5684F11A63FD3B889" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives_1D5DEEA6468100E5684F11A63FD3B889" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives_1D5DEEA6468100E5684F11A63FD3B889" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_37387778CA4E71CDE1E3B1D5B9C765A0_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_37387778CA4E71CDE1E3B1D5B9C765A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premises and Equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_37387778CA4E71CDE1E3B1D5B9C765A0_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_37387778CA4E71CDE1E3B1D5B9C765A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_37387778CA4E71CDE1E3B1D5B9C765A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_37387778CA4E71CDE1E3B1D5B9C765A0" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_37387778CA4E71CDE1E3B1D5B9C765A0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_4B4A0B628229E39B9EA1B1D5B940E9EA_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_4B4A0B628229E39B9EA1B1D5B940E9EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Income Before Taxes</link:label>
    <link:label id="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_4B4A0B628229E39B9EA1B1D5B940E9EA_label_en-US" xlink:label="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_4B4A0B628229E39B9EA1B1D5B940E9EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_4B4A0B628229E39B9EA1B1D5B940E9EA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_4B4A0B628229E39B9EA1B1D5B940E9EA" xlink:to="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_4B4A0B628229E39B9EA1B1D5B940E9EA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_A182D1F1ACC525076A25B1D5B9403E76_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_A182D1F1ACC525076A25B1D5B9403E76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Components of Income Tax Expense (Benefit)</link:label>
    <link:label id="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_A182D1F1ACC525076A25B1D5B9403E76_label_en-US" xlink:label="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_A182D1F1ACC525076A25B1D5B9403E76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_A182D1F1ACC525076A25B1D5B9403E76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_A182D1F1ACC525076A25B1D5B9403E76" xlink:to="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_A182D1F1ACC525076A25B1D5B9403E76" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_CD515B45D945EE533F5EB1D5B9405570_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_CD515B45D945EE533F5EB1D5B9405570" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Effective Income Tax Reconciliation</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_CD515B45D945EE533F5EB1D5B9405570_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_CD515B45D945EE533F5EB1D5B9405570" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_CD515B45D945EE533F5EB1D5B9405570" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_CD515B45D945EE533F5EB1D5B9405570" xlink:to="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_CD515B45D945EE533F5EB1D5B9405570" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_2CCE1045A4C671F5D889B1D5B94042CD_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_2CCE1045A4C671F5D889B1D5B94042CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Tax Assets and Liabilities</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_2CCE1045A4C671F5D889B1D5B94042CD_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_2CCE1045A4C671F5D889B1D5B94042CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Tax Assets and Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_2CCE1045A4C671F5D889B1D5B94042CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_2CCE1045A4C671F5D889B1D5B94042CD" xlink:to="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_2CCE1045A4C671F5D889B1D5B94042CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForwardTableTextBlock_72347E36C8819320A698B1D5B940E321_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForwardTableTextBlock_72347E36C8819320A698B1D5B940E321" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Unrecognized Tax Benefits</link:label>
    <link:label id="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForwardTableTextBlock_72347E36C8819320A698B1D5B940E321_label_en-US" xlink:label="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForwardTableTextBlock_72347E36C8819320A698B1D5B940E321" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns Roll Forward [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForwardTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForwardTableTextBlock_72347E36C8819320A698B1D5B940E321" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForwardTableTextBlock_72347E36C8819320A698B1D5B940E321" xlink:to="lab_us-gaap_ScheduleOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForwardTableTextBlock_72347E36C8819320A698B1D5B940E321" xlink:type="arc" />
    <link:label id="lab_us-gaap_QuarterlyFinancialInformationTextBlock_5F651875FBC2177F106EB1D5BD57406B_terseLabel_en-US" xlink:label="lab_us-gaap_QuarterlyFinancialInformationTextBlock_5F651875FBC2177F106EB1D5BD57406B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quarterly Results of Operations (Unaudited)</link:label>
    <link:label id="lab_us-gaap_QuarterlyFinancialInformationTextBlock_5F651875FBC2177F106EB1D5BD57406B_label_en-US" xlink:label="lab_us-gaap_QuarterlyFinancialInformationTextBlock_5F651875FBC2177F106EB1D5BD57406B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quarterly Financial Information [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_QuarterlyFinancialInformationTextBlock" xlink:label="loc_us-gaap_QuarterlyFinancialInformationTextBlock_5F651875FBC2177F106EB1D5BD57406B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_QuarterlyFinancialInformationTextBlock_5F651875FBC2177F106EB1D5BD57406B" xlink:to="lab_us-gaap_QuarterlyFinancialInformationTextBlock_5F651875FBC2177F106EB1D5BD57406B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_60C6554F1BA01C4C54C31309DCC5BD48_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_60C6554F1BA01C4C54C31309DCC5BD48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Restructuring and Related Costs [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_60C6554F1BA01C4C54C31309DCC5BD48_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_60C6554F1BA01C4C54C31309DCC5BD48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Restructuring and Related Costs [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfRestructuringAndRelatedCostsTable" xlink:label="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_60C6554F1BA01C4C54C31309DCC5BD48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_60C6554F1BA01C4C54C31309DCC5BD48" xlink:to="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_60C6554F1BA01C4C54C31309DCC5BD48" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringCostAndReserveAxis_DF6794F2E1547EA2FA6A1309DCC5A27F_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveAxis_DF6794F2E1547EA2FA6A1309DCC5A27F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring Type [Axis]</link:label>
    <link:label id="lab_us-gaap_RestructuringCostAndReserveAxis_DF6794F2E1547EA2FA6A1309DCC5A27F_label_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveAxis_DF6794F2E1547EA2FA6A1309DCC5A27F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RestructuringCostAndReserveAxis" xlink:label="loc_us-gaap_RestructuringCostAndReserveAxis_DF6794F2E1547EA2FA6A1309DCC5A27F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCostAndReserveAxis_DF6794F2E1547EA2FA6A1309DCC5A27F" xlink:to="lab_us-gaap_RestructuringCostAndReserveAxis_DF6794F2E1547EA2FA6A1309DCC5A27F" xlink:type="arc" />
    <link:label id="lab_us-gaap_TypeOfRestructuringDomain_785D9F1C822E985E71BA1309DCC539F7_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfRestructuringDomain_785D9F1C822E985E71BA1309DCC539F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of Restructuring [Domain]</link:label>
    <link:label id="lab_us-gaap_TypeOfRestructuringDomain_785D9F1C822E985E71BA1309DCC539F7_label_en-US" xlink:label="lab_us-gaap_TypeOfRestructuringDomain_785D9F1C822E985E71BA1309DCC539F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of Restructuring [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TypeOfRestructuringDomain" xlink:label="loc_us-gaap_TypeOfRestructuringDomain_785D9F1C822E985E71BA1309DCC539F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TypeOfRestructuringDomain_785D9F1C822E985E71BA1309DCC539F7" xlink:to="lab_us-gaap_TypeOfRestructuringDomain_785D9F1C822E985E71BA1309DCC539F7" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeSeveranceMember_7DF18BC2AA1BAC1E24E21309DCC56FD9_verboseLabel_en-US" xlink:label="lab_us-gaap_EmployeeSeveranceMember_7DF18BC2AA1BAC1E24E21309DCC56FD9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Employee termination benefits [Member]</link:label>
    <link:label id="lab_us-gaap_EmployeeSeveranceMember_7DF18BC2AA1BAC1E24E21309DCC56FD9_label_en-US" xlink:label="lab_us-gaap_EmployeeSeveranceMember_7DF18BC2AA1BAC1E24E21309DCC56FD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Severance [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EmployeeSeveranceMember" xlink:label="loc_us-gaap_EmployeeSeveranceMember_7DF18BC2AA1BAC1E24E21309DCC56FD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeSeveranceMember_7DF18BC2AA1BAC1E24E21309DCC56FD9" xlink:to="lab_us-gaap_EmployeeSeveranceMember_7DF18BC2AA1BAC1E24E21309DCC56FD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FacilityClosingMember_A57A9CC5E6457F69BBFB1309DCC58FF5_terseLabel_en-US" xlink:label="lab_us-gaap_FacilityClosingMember_A57A9CC5E6457F69BBFB1309DCC58FF5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease and other contract termination costs [Member]</link:label>
    <link:label id="lab_us-gaap_FacilityClosingMember_A57A9CC5E6457F69BBFB1309DCC58FF5_label_en-US" xlink:label="lab_us-gaap_FacilityClosingMember_A57A9CC5E6457F69BBFB1309DCC58FF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Facility Closing [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FacilityClosingMember" xlink:label="loc_us-gaap_FacilityClosingMember_A57A9CC5E6457F69BBFB1309DCC58FF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FacilityClosingMember_A57A9CC5E6457F69BBFB1309DCC58FF5" xlink:to="lab_us-gaap_FacilityClosingMember_A57A9CC5E6457F69BBFB1309DCC58FF5" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateAndOtherMember_45C5F182D44D6B88DE991309DCC6B0BB_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateAndOtherMember_45C5F182D44D6B88DE991309DCC6B0BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate and Other [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CorporateAndOtherMember" xlink:label="loc_us-gaap_CorporateAndOtherMember_45C5F182D44D6B88DE991309DCC6B0BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateAndOtherMember_45C5F182D44D6B88DE991309DCC6B0BB" xlink:to="lab_us-gaap_CorporateAndOtherMember_45C5F182D44D6B88DE991309DCC6B0BB" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_F5116D338BE4FB8DDDDE1309DCC67077_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_F5116D338BE4FB8DDDDE1309DCC67077" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring Cost and Reserve [Line Items]</link:label>
    <link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_F5116D338BE4FB8DDDDE1309DCC67077_label_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_F5116D338BE4FB8DDDDE1309DCC67077" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Cost and Reserve [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RestructuringCostAndReserveLineItems" xlink:label="loc_us-gaap_RestructuringCostAndReserveLineItems_F5116D338BE4FB8DDDDE1309DCC67077" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCostAndReserveLineItems_F5116D338BE4FB8DDDDE1309DCC67077" xlink:to="lab_us-gaap_RestructuringCostAndReserveLineItems_F5116D338BE4FB8DDDDE1309DCC67077" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringReserveRollForward_105836AEDAE0CD5A13EA1309DCC6A1AF_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringReserveRollForward_105836AEDAE0CD5A13EA1309DCC6A1AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring Reserve [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_RestructuringReserveRollForward_105836AEDAE0CD5A13EA1309DCC6A1AF_label_en-US" xlink:label="lab_us-gaap_RestructuringReserveRollForward_105836AEDAE0CD5A13EA1309DCC6A1AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Reserve [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RestructuringReserveRollForward" xlink:label="loc_us-gaap_RestructuringReserveRollForward_105836AEDAE0CD5A13EA1309DCC6A1AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringReserveRollForward_105836AEDAE0CD5A13EA1309DCC6A1AF" xlink:to="lab_us-gaap_RestructuringReserveRollForward_105836AEDAE0CD5A13EA1309DCC6A1AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_95469C51BF177FFDAB281309DCC6CB35_periodStartLabel_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_95469C51BF177FFDAB281309DCC6CB35" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Liability beginning balance</link:label>
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_95469C51BF177FFDAB281309DCC6CB35_label_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_95469C51BF177FFDAB281309DCC6CB35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee-related Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_95469C51BF177FFDAB281309DCC6CB35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_95469C51BF177FFDAB281309DCC6CB35" xlink:to="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_95469C51BF177FFDAB281309DCC6CB35" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_AEC1683018347E3E094C1309DCC67467_periodStartLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_AEC1683018347E3E094C1309DCC67467" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Liability beginning balance</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_AEC1683018347E3E094C1309DCC67467_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_AEC1683018347E3E094C1309DCC67467" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_AEC1683018347E3E094C1309DCC67467" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_AEC1683018347E3E094C1309DCC67467" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_AEC1683018347E3E094C1309DCC67467" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringReserve_AEFEBA4FEA59C69EE5051309DCC6E2CE_periodStartLabel_en-US" xlink:label="lab_us-gaap_RestructuringReserve_AEFEBA4FEA59C69EE5051309DCC6E2CE" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Liability beginning balance</link:label>
    <link:label id="lab_us-gaap_RestructuringReserve_AEFEBA4FEA59C69EE5051309DCC6E2CE_label_en-US" xlink:label="lab_us-gaap_RestructuringReserve_AEFEBA4FEA59C69EE5051309DCC6E2CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Reserve</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RestructuringReserve" xlink:label="loc_us-gaap_RestructuringReserve_AEFEBA4FEA59C69EE5051309DCC6E2CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringReserve_AEFEBA4FEA59C69EE5051309DCC6E2CE" xlink:to="lab_us-gaap_RestructuringReserve_AEFEBA4FEA59C69EE5051309DCC6E2CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_C9BFADEB4019524DCF101309DCC682C6_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_C9BFADEB4019524DCF101309DCC682C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions charged to operations</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_C9BFADEB4019524DCF101309DCC682C6_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_C9BFADEB4019524DCF101309DCC682C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Employee Related Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_C9BFADEB4019524DCF101309DCC682C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_C9BFADEB4019524DCF101309DCC682C6" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_C9BFADEB4019524DCF101309DCC682C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseContingentRentals_CFAAA5194B29373B27C4136F7AF8E058_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseContingentRentals_CFAAA5194B29373B27C4136F7AF8E058" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions charged to operations</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseContingentRentals_CFAAA5194B29373B27C4136F7AF8E058_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseContingentRentals_CFAAA5194B29373B27C4136F7AF8E058" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense, Contingent Rentals</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesRentExpenseContingentRentals" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseContingentRentals_CFAAA5194B29373B27C4136F7AF8E058" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseContingentRentals_CFAAA5194B29373B27C4136F7AF8E058" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseContingentRentals_CFAAA5194B29373B27C4136F7AF8E058" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringCharges_82607AEF1C60A681042C1309DCC6CCE1_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCharges_82607AEF1C60A681042C1309DCC6CCE1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions charged to operations</link:label>
    <link:label id="lab_us-gaap_RestructuringCharges_82607AEF1C60A681042C1309DCC6CCE1_label_en-US" xlink:label="lab_us-gaap_RestructuringCharges_82607AEF1C60A681042C1309DCC6CCE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Charges</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RestructuringCharges" xlink:label="loc_us-gaap_RestructuringCharges_82607AEF1C60A681042C1309DCC6CCE1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCharges_82607AEF1C60A681042C1309DCC6CCE1" xlink:to="lab_us-gaap_RestructuringCharges_82607AEF1C60A681042C1309DCC6CCE1" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLaborRelatedExpenses_768E74E688EAD27AEB691309DCC620BA_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLaborRelatedExpenses_768E74E688EAD27AEB691309DCC620BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of discount</link:label>
    <link:label id="lab_us-gaap_OtherLaborRelatedExpenses_768E74E688EAD27AEB691309DCC620BA_label_en-US" xlink:label="lab_us-gaap_OtherLaborRelatedExpenses_768E74E688EAD27AEB691309DCC620BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Labor-related Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherLaborRelatedExpenses" xlink:label="loc_us-gaap_OtherLaborRelatedExpenses_768E74E688EAD27AEB691309DCC620BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLaborRelatedExpenses_768E74E688EAD27AEB691309DCC620BA" xlink:to="lab_us-gaap_OtherLaborRelatedExpenses_768E74E688EAD27AEB691309DCC620BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_592CF57EF9E7661BC4F61309DCC62E08_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_592CF57EF9E7661BC4F61309DCC62E08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of discount</link:label>
    <link:label id="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_592CF57EF9E7661BC4F61309DCC62E08_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_592CF57EF9E7661BC4F61309DCC62E08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Financing Costs and Discounts</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts" xlink:label="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_592CF57EF9E7661BC4F61309DCC62E08" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_592CF57EF9E7661BC4F61309DCC62E08" xlink:to="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_592CF57EF9E7661BC4F61309DCC62E08" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringSettlementAndImpairmentProvisions_7687E3E0F28395AC65331309DCC6E64B_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringSettlementAndImpairmentProvisions_7687E3E0F28395AC65331309DCC6E64B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of discount</link:label>
    <link:label id="lab_us-gaap_RestructuringSettlementAndImpairmentProvisions_7687E3E0F28395AC65331309DCC6E64B_label_en-US" xlink:label="lab_us-gaap_RestructuringSettlementAndImpairmentProvisions_7687E3E0F28395AC65331309DCC6E64B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring, Settlement and Impairment Provisions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RestructuringSettlementAndImpairmentProvisions" xlink:label="loc_us-gaap_RestructuringSettlementAndImpairmentProvisions_7687E3E0F28395AC65331309DCC6E64B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringSettlementAndImpairmentProvisions_7687E3E0F28395AC65331309DCC6E64B" xlink:to="lab_us-gaap_RestructuringSettlementAndImpairmentProvisions_7687E3E0F28395AC65331309DCC6E64B" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToEmployees_F4D9A6EE690CB544B8141309DCC6B406_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToEmployees_F4D9A6EE690CB544B8141309DCC6B406" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payments</link:label>
    <link:label id="lab_us-gaap_PaymentsToEmployees_F4D9A6EE690CB544B8141309DCC6B406_label_en-US" xlink:label="lab_us-gaap_PaymentsToEmployees_F4D9A6EE690CB544B8141309DCC6B406" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Employees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToEmployees" xlink:label="loc_us-gaap_PaymentsToEmployees_F4D9A6EE690CB544B8141309DCC6B406" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToEmployees_F4D9A6EE690CB544B8141309DCC6B406" xlink:to="lab_us-gaap_PaymentsToEmployees_F4D9A6EE690CB544B8141309DCC6B406" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForRent_BFF5891EE9DF230F24681309DCC6FB23_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRent_BFF5891EE9DF230F24681309DCC6FB23" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payments</link:label>
    <link:label id="lab_us-gaap_PaymentsForRent_BFF5891EE9DF230F24681309DCC6FB23_label_en-US" xlink:label="lab_us-gaap_PaymentsForRent_BFF5891EE9DF230F24681309DCC6FB23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Rent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsForRent" xlink:label="loc_us-gaap_PaymentsForRent_BFF5891EE9DF230F24681309DCC6FB23" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRent_BFF5891EE9DF230F24681309DCC6FB23" xlink:to="lab_us-gaap_PaymentsForRent_BFF5891EE9DF230F24681309DCC6FB23" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForRestructuring_E3218504D8D036F598CF1309DCC62998_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRestructuring_E3218504D8D036F598CF1309DCC62998" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payments</link:label>
    <link:label id="lab_us-gaap_PaymentsForRestructuring_E3218504D8D036F598CF1309DCC62998_label_en-US" xlink:label="lab_us-gaap_PaymentsForRestructuring_E3218504D8D036F598CF1309DCC62998" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Restructuring</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsForRestructuring" xlink:label="loc_us-gaap_PaymentsForRestructuring_E3218504D8D036F598CF1309DCC62998" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRestructuring_E3218504D8D036F598CF1309DCC62998" xlink:to="lab_us-gaap_PaymentsForRestructuring_E3218504D8D036F598CF1309DCC62998" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_C8DD81327D8BF8162D8B1309DCC79FC3_periodEndLabel_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_C8DD81327D8BF8162D8B1309DCC79FC3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Liability ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_C8DD81327D8BF8162D8B1309DCC79FC3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_C8DD81327D8BF8162D8B1309DCC79FC3" xlink:to="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_C8DD81327D8BF8162D8B1309DCC79FC3" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_CEAA7C2C8FD1C2FFEE2B1309DCC7D3A4_periodEndLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_CEAA7C2C8FD1C2FFEE2B1309DCC7D3A4" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Liability ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_CEAA7C2C8FD1C2FFEE2B1309DCC7D3A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_CEAA7C2C8FD1C2FFEE2B1309DCC7D3A4" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_CEAA7C2C8FD1C2FFEE2B1309DCC7D3A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringReserve_48BE9DDCDFBFD1E1C7821309DCC72061_periodEndLabel_en-US" xlink:label="lab_us-gaap_RestructuringReserve_48BE9DDCDFBFD1E1C7821309DCC72061" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Liability ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RestructuringReserve" xlink:label="loc_us-gaap_RestructuringReserve_48BE9DDCDFBFD1E1C7821309DCC72061" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringReserve_48BE9DDCDFBFD1E1C7821309DCC72061" xlink:to="lab_us-gaap_RestructuringReserve_48BE9DDCDFBFD1E1C7821309DCC72061" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_CEDFBD735DC13F77BE8AB1D5BD687FCF_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_CEDFBD735DC13F77BE8AB1D5BD687FCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Revenues and Expenses Related to Various Service Agreements</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_CEDFBD735DC13F77BE8AB1D5BD687FCF_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_CEDFBD735DC13F77BE8AB1D5BD687FCF" 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>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_CEDFBD735DC13F77BE8AB1D5BD687FCF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_CEDFBD735DC13F77BE8AB1D5BD687FCF" xlink:to="lab_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_CEDFBD735DC13F77BE8AB1D5BD687FCF" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_AD3DF7E7862E2BFD3F65B1D5BD692390_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_AD3DF7E7862E2BFD3F65B1D5BD692390" 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_AD3DF7E7862E2BFD3F65B1D5BD692390_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_AD3DF7E7862E2BFD3F65B1D5BD692390" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock" xlink:label="loc_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_AD3DF7E7862E2BFD3F65B1D5BD692390" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_AD3DF7E7862E2BFD3F65B1D5BD692390" xlink:to="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock_AD3DF7E7862E2BFD3F65B1D5BD692390" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_55D5A2D180F5A2F9E2E512C25B6147CB_terseLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_55D5A2D180F5A2F9E2E512C25B6147CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income (expense), net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_55D5A2D180F5A2F9E2E512C25B6147CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_55D5A2D180F5A2F9E2E512C25B6147CB" xlink:to="lab_us-gaap_NonoperatingIncomeExpense_55D5A2D180F5A2F9E2E512C25B6147CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_84829FA288CF92CB639012C25B6134EE_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_84829FA288CF92CB639012C25B6134EE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income tax expense (benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_84829FA288CF92CB639012C25B6134EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_84829FA288CF92CB639012C25B6134EE" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_84829FA288CF92CB639012C25B6134EE" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_945B82138746EB00F64712C25B61519E_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_945B82138746EB00F64712C25B61519E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net (income) loss attributable to non-controlling interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_945B82138746EB00F64712C25B61519E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_945B82138746EB00F64712C25B61519E" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_945B82138746EB00F64712C25B61519E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsPreferredStock_5BFC88B0BC3BBB45EA2F12C25B6153DF_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_5BFC88B0BC3BBB45EA2F12C25B6153DF" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock dividends</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DividendsPreferredStock" xlink:label="loc_us-gaap_DividendsPreferredStock_5BFC88B0BC3BBB45EA2F12C25B6153DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPreferredStock_5BFC88B0BC3BBB45EA2F12C25B6153DF" xlink:to="lab_us-gaap_DividendsPreferredStock_5BFC88B0BC3BBB45EA2F12C25B6153DF" xlink:type="arc" />
    <link:label id="lab_ocn_InterestExpenseTextBlock_C95B5C4C2A61B35B5EA3B1D5B7D675B0_terseLabel_en-US" xlink:label="lab_ocn_InterestExpenseTextBlock_C95B5C4C2A61B35B5EA3B1D5B7D675B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Expense</link:label>
    <link:label id="lab_ocn_InterestExpenseTextBlock_C95B5C4C2A61B35B5EA3B1D5B7D675B0_label_en-US" xlink:label="lab_ocn_InterestExpenseTextBlock_C95B5C4C2A61B35B5EA3B1D5B7D675B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense [Text Block]</link:label>
    <link:label id="lab_ocn_InterestExpenseTextBlock_C95B5C4C2A61B35B5EA3B1D5B7D675B0_documentation_en-US" xlink:label="lab_ocn_InterestExpenseTextBlock_C95B5C4C2A61B35B5EA3B1D5B7D675B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of the cost of all borrowed funds accounted for as interest expense that was charged against earnings during the period, by category of interest-bearing liabilities.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_InterestExpenseTextBlock" xlink:label="loc_ocn_InterestExpenseTextBlock_C95B5C4C2A61B35B5EA3B1D5B7D675B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_InterestExpenseTextBlock_C95B5C4C2A61B35B5EA3B1D5B7D675B0" xlink:to="lab_ocn_InterestExpenseTextBlock_C95B5C4C2A61B35B5EA3B1D5B7D675B0" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_C9300B53C02CC110ABFFC55EF1A058EB_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_C9300B53C02CC110ABFFC55EF1A058EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis points</link:label>
    <link:label id="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_C9300B53C02CC110ABFFC55EF1A058EB_label_en-US" xlink:label="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_C9300B53C02CC110ABFFC55EF1A058EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Unpaid Principal Balance</link:label>
    <link:label id="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_C9300B53C02CC110ABFFC55EF1A058EB_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_C9300B53C02CC110ABFFC55EF1A058EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Unpaid Principal Balance</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance" xlink:label="loc_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_C9300B53C02CC110ABFFC55EF1A058EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_C9300B53C02CC110ABFFC55EF1A058EB" xlink:to="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_C9300B53C02CC110ABFFC55EF1A058EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_8564345055EDC21D54791309DD216654_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_8564345055EDC21D54791309DD216654" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_8564345055EDC21D54791309DD216654" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_8564345055EDC21D54791309DD216654" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_8564345055EDC21D54791309DD216654" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9DD4CCA7AAAFEAC1DD981309DD22E61F_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9DD4CCA7AAAFEAC1DD981309DD22E61F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9DD4CCA7AAAFEAC1DD981309DD22E61F_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9DD4CCA7AAAFEAC1DD981309DD22E61F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9DD4CCA7AAAFEAC1DD981309DD22E61F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9DD4CCA7AAAFEAC1DD981309DD22E61F" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9DD4CCA7AAAFEAC1DD981309DD22E61F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_141979FF2CBB7E9C81C91309DD22E75F_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_141979FF2CBB7E9C81C91309DD22E75F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net income (loss) to net cash provided by operating activities:</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_141979FF2CBB7E9C81C91309DD22E75F_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_141979FF2CBB7E9C81C91309DD22E75F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_141979FF2CBB7E9C81C91309DD22E75F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_141979FF2CBB7E9C81C91309DD22E75F" xlink:to="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_141979FF2CBB7E9C81C91309DD22E75F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfMortgageServicingRightsMSRs_3E0051C4D18CEF7386B61309DD229305_verboseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfMortgageServicingRightsMSRs_3E0051C4D18CEF7386B61309DD229305" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Amortization of mortgage servicing rights</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AmortizationOfMortgageServicingRightsMSRs" xlink:label="loc_us-gaap_AmortizationOfMortgageServicingRightsMSRs_3E0051C4D18CEF7386B61309DD229305" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfMortgageServicingRightsMSRs_3E0051C4D18CEF7386B61309DD229305" xlink:to="lab_us-gaap_AmortizationOfMortgageServicingRightsMSRs_3E0051C4D18CEF7386B61309DD229305" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_F230266553A29EA4B5FF1309DD224D14_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_F230266553A29EA4B5FF1309DD224D14" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss (gain) on valuation of mortgage servicing rights, at fair value</link:label>
    <link:label id="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_F230266553A29EA4B5FF1309DD224D14_label_en-US" xlink:label="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_F230266553A29EA4B5FF1309DD224D14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights (MSR) Impairment (Recovery)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageServicingRightsMSRImpairmentRecovery" xlink:label="loc_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_F230266553A29EA4B5FF1309DD224D14" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_F230266553A29EA4B5FF1309DD224D14" xlink:to="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_F230266553A29EA4B5FF1309DD224D14" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments_11A00DC7F24CE1E5F9D41309DD22BB0F_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments_11A00DC7F24CE1E5F9D41309DD22BB0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of mortgage servicing rights</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments_11A00DC7F24CE1E5F9D41309DD22BB0F_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments_11A00DC7F24CE1E5F9D41309DD22BB0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Other than Temporary Impairments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments_11A00DC7F24CE1E5F9D41309DD22BB0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments_11A00DC7F24CE1E5F9D41309DD22BB0F" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedCostOtherThanTemporaryImpairments_11A00DC7F24CE1E5F9D41309DD22BB0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnSalesOfAssets_BB9427AC8227C8AC5D411309DD22485D_negatedLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnSalesOfAssets_BB9427AC8227C8AC5D411309DD22485D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of mortgage servicing rights, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainsLossesOnSalesOfAssets" xlink:label="loc_us-gaap_GainsLossesOnSalesOfAssets_BB9427AC8227C8AC5D411309DD22485D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnSalesOfAssets_BB9427AC8227C8AC5D411309DD22485D" xlink:to="lab_us-gaap_GainsLossesOnSalesOfAssets_BB9427AC8227C8AC5D411309DD22485D" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_253A4FFECA6A5C0EE4521309DD22968F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_253A4FFECA6A5C0EE4521309DD22968F" 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_253A4FFECA6A5C0EE4521309DD22968F_label_en-US" xlink:label="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_253A4FFECA6A5C0EE4521309DD22968F" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_253A4FFECA6A5C0EE4521309DD22968F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_253A4FFECA6A5C0EE4521309DD22968F" xlink:to="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_253A4FFECA6A5C0EE4521309DD22968F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProvisionForDoubtfulAccounts_CFD9E3647B706F63F1D61309DD23FDE1_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForDoubtfulAccounts_CFD9E3647B706F63F1D61309DD23FDE1" 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_CFD9E3647B706F63F1D61309DD23FDE1_label_en-US" xlink:label="lab_us-gaap_ProvisionForDoubtfulAccounts_CFD9E3647B706F63F1D61309DD23FDE1" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProvisionForDoubtfulAccounts" xlink:label="loc_us-gaap_ProvisionForDoubtfulAccounts_CFD9E3647B706F63F1D61309DD23FDE1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProvisionForDoubtfulAccounts_CFD9E3647B706F63F1D61309DD23FDE1" xlink:to="lab_us-gaap_ProvisionForDoubtfulAccounts_CFD9E3647B706F63F1D61309DD23FDE1" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_E8B214C5E5E309B775131309DD23C3B4_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_E8B214C5E5E309B775131309DD23C3B4" 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_E8B214C5E5E309B775131309DD23C3B4_label_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_E8B214C5E5E309B775131309DD23C3B4" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_E8B214C5E5E309B775131309DD23C3B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationDepletionAndAmortization_E8B214C5E5E309B775131309DD23C3B4" xlink:to="lab_us-gaap_DepreciationDepletionAndAmortization_E8B214C5E5E309B775131309DD23C3B4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_92E7FCC00F6C2171EB4A1309DD23A9C9_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_92E7FCC00F6C2171EB4A1309DD23A9C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of debt issuance costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="loc_us-gaap_AmortizationOfFinancingCosts_92E7FCC00F6C2171EB4A1309DD23A9C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCosts_92E7FCC00F6C2171EB4A1309DD23A9C9" xlink:to="lab_us-gaap_AmortizationOfFinancingCosts_92E7FCC00F6C2171EB4A1309DD23A9C9" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_14A5110D18B476295FE21309DD23882A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_14A5110D18B476295FE21309DD23882A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_14A5110D18B476295FE21309DD23882A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_14A5110D18B476295FE21309DD23882A" xlink:to="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_14A5110D18B476295FE21309DD23882A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_D4DEFE877E5B5B61504F1309DD231E60_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_D4DEFE877E5B5B61504F1309DD231E60" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(Increase) decrease in deferred tax assets other than provision for valuation allowance</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_D4DEFE877E5B5B61504F1309DD231E60_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_D4DEFE877E5B5B61504F1309DD231E60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Deferred Income Taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_D4DEFE877E5B5B61504F1309DD231E60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_D4DEFE877E5B5B61504F1309DD231E60" xlink:to="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_D4DEFE877E5B5B61504F1309DD231E60" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_1FB53A2C6BECB16801A71309DD234A0D_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_1FB53A2C6BECB16801A71309DD234A0D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity-based compensation expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_1FB53A2C6BECB16801A71309DD234A0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensation_1FB53A2C6BECB16801A71309DD234A0D" xlink:to="lab_us-gaap_ShareBasedCompensation_1FB53A2C6BECB16801A71309DD234A0D" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_5853FBA9FC74C6DDDD701309DD239611_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_5853FBA9FC74C6DDDD701309DD239611" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gain on loans held for sale, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GainLossOnSalesOfLoansNet" xlink:label="loc_us-gaap_GainLossOnSalesOfLoansNet_5853FBA9FC74C6DDDD701309DD239611" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSalesOfLoansNet_5853FBA9FC74C6DDDD701309DD239611" xlink:to="lab_us-gaap_GainLossOnSalesOfLoansNet_5853FBA9FC74C6DDDD701309DD239611" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_B8B105510410E7D8EC631309DD231B75_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_B8B105510410E7D8EC631309DD231B75" 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>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToPurchaseLoansHeldForSale" xlink:label="loc_us-gaap_PaymentsToPurchaseLoansHeldForSale_B8B105510410E7D8EC631309DD231B75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToPurchaseLoansHeldForSale_B8B105510410E7D8EC631309DD231B75" xlink:to="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_B8B105510410E7D8EC631309DD231B75" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale_9105BD2E32B6CB7FE94C1309DD235B43_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale_9105BD2E32B6CB7FE94C1309DD235B43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale and collections of loans held for sale</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale_9105BD2E32B6CB7FE94C1309DD235B43_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale_9105BD2E32B6CB7FE94C1309DD235B43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale and Collection of Loans Held-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale" xlink:label="loc_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale_9105BD2E32B6CB7FE94C1309DD235B43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale_9105BD2E32B6CB7FE94C1309DD235B43" xlink:to="lab_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale_9105BD2E32B6CB7FE94C1309DD235B43" xlink:type="arc" />
    <link:label id="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_F5D4BBC4411EC75A3BBF1309DD23A5D6_terseLabel_en-US" xlink:label="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_F5D4BBC4411EC75A3BBF1309DD23A5D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities:</link:label>
    <link:label id="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_F5D4BBC4411EC75A3BBF1309DD23A5D6_label_en-US" xlink:label="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_F5D4BBC4411EC75A3BBF1309DD23A5D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities: [Abstract]</link:label>
    <link:label id="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_F5D4BBC4411EC75A3BBF1309DD23A5D6_documentation_en-US" xlink:label="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_F5D4BBC4411EC75A3BBF1309DD23A5D6" 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-20151231.xsd#ocn_ChangesInAssetsAndLiabilitiesAbstract" xlink:label="loc_ocn_ChangesInAssetsAndLiabilitiesAbstract_F5D4BBC4411EC75A3BBF1309DD23A5D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ChangesInAssetsAndLiabilitiesAbstract_F5D4BBC4411EC75A3BBF1309DD23A5D6" xlink:to="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_F5D4BBC4411EC75A3BBF1309DD23A5D6" xlink:type="arc" />
    <link:label id="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C27662B453101A8796DD1309DD237D49_negatedTerseLabel_en-US" xlink:label="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C27662B453101A8796DD1309DD237D49" 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>
    <link:label id="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C27662B453101A8796DD1309DD237D49_label_en-US" xlink:label="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C27662B453101A8796DD1309DD237D49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Advances and Transfers Accounted For As Secured Borrowings Advances</link:label>
    <link:label id="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C27662B453101A8796DD1309DD237D49_documentation_en-US" xlink:label="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C27662B453101A8796DD1309DD237D49" 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-20151231.xsd#ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" xlink:label="loc_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C27662B453101A8796DD1309DD237D49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C27662B453101A8796DD1309DD237D49" xlink:to="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_C27662B453101A8796DD1309DD237D49" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_49D53D94965A855FCBC61309DD237B39_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_49D53D94965A855FCBC61309DD237B39" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Decrease (increase) in receivables and other assets, net</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_49D53D94965A855FCBC61309DD237B39_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_49D53D94965A855FCBC61309DD237B39" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_49D53D94965A855FCBC61309DD237B39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_49D53D94965A855FCBC61309DD237B39" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets_49D53D94965A855FCBC61309DD237B39" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_951F81E885B7332E72811309DD236D72_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_951F81E885B7332E72811309DD236D72" 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_951F81E885B7332E72811309DD236D72_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_951F81E885B7332E72811309DD236D72" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_951F81E885B7332E72811309DD236D72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_951F81E885B7332E72811309DD236D72" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_951F81E885B7332E72811309DD236D72" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_8FA76E593AE8BF6D0ADC1309DD23DBF4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_8FA76E593AE8BF6D0ADC1309DD23DBF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_8FA76E593AE8BF6D0ADC1309DD23DBF4_label_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_8FA76E593AE8BF6D0ADC1309DD23DBF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Operating Activities, Cash Flow Statement</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherOperatingActivitiesCashFlowStatement" xlink:label="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_8FA76E593AE8BF6D0ADC1309DD23DBF4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_8FA76E593AE8BF6D0ADC1309DD23DBF4" xlink:to="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_8FA76E593AE8BF6D0ADC1309DD23DBF4" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_6E831E572C5E64CA65E71309DD236E96_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_6E831E572C5E64CA65E71309DD236E96" 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:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_6E831E572C5E64CA65E71309DD236E96_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_6E831E572C5E64CA65E71309DD236E96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_6E831E572C5E64CA65E71309DD236E96" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_6E831E572C5E64CA65E71309DD236E96" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_6E831E572C5E64CA65E71309DD236E96" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2717783B7B8DB16298D21309DD24F843_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2717783B7B8DB16298D21309DD24F843" 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_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2717783B7B8DB16298D21309DD24F843_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2717783B7B8DB16298D21309DD24F843" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2717783B7B8DB16298D21309DD24F843" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2717783B7B8DB16298D21309DD24F843" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2717783B7B8DB16298D21309DD24F843" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_4D4219175E4B38B3DEB21309DD24CE85_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_4D4219175E4B38B3DEB21309DD24CE85" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Origination of loans held for investment - reverse mortgages</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_4D4219175E4B38B3DEB21309DD24CE85_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_4D4219175E4B38B3DEB21309DD24CE85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Loans Held-for-investment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireLoansHeldForInvestment" xlink:label="loc_us-gaap_PaymentsToAcquireLoansHeldForInvestment_4D4219175E4B38B3DEB21309DD24CE85" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireLoansHeldForInvestment_4D4219175E4B38B3DEB21309DD24CE85" xlink:to="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_4D4219175E4B38B3DEB21309DD24CE85" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_753A01D6A1C6F40E43E51309DD241025_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_753A01D6A1C6F40E43E51309DD241025" 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_753A01D6A1C6F40E43E51309DD241025_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_753A01D6A1C6F40E43E51309DD241025" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment" xlink:label="loc_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_753A01D6A1C6F40E43E51309DD241025" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_753A01D6A1C6F40E43E51309DD241025" xlink:to="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_753A01D6A1C6F40E43E51309DD241025" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_BA7DAA7A2CE82509C4FC1309DD24CE8B_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_BA7DAA7A2CE82509C4FC1309DD24CE8B" 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_BA7DAA7A2CE82509C4FC1309DD24CE8B_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_BA7DAA7A2CE82509C4FC1309DD24CE8B" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xlink:label="loc_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_BA7DAA7A2CE82509C4FC1309DD24CE8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_BA7DAA7A2CE82509C4FC1309DD24CE8B" xlink:to="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_BA7DAA7A2CE82509C4FC1309DD24CE8B" xlink:type="arc" />
    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_E59541093C9AB93A370A1309DD24A780_negatedLabel_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_E59541093C9AB93A370A1309DD24A780" 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_E59541093C9AB93A370A1309DD24A780_label_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_E59541093C9AB93A370A1309DD24A780" 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_E59541093C9AB93A370A1309DD24A780_documentation_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_E59541093C9AB93A370A1309DD24A780" 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-20151231.xsd#ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights" xlink:label="loc_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_E59541093C9AB93A370A1309DD24A780" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_E59541093C9AB93A370A1309DD24A780" xlink:to="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_E59541093C9AB93A370A1309DD24A780" xlink:type="arc" />
    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_8042D5613ED63F7A79921309DD241302_negatedTerseLabel_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_8042D5613ED63F7A79921309DD241302" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" 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_8042D5613ED63F7A79921309DD241302_label_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_8042D5613ED63F7A79921309DD241302" 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_8042D5613ED63F7A79921309DD241302_documentation_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_8042D5613ED63F7A79921309DD241302" 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-20151231.xsd#ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans" xlink:label="loc_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_8042D5613ED63F7A79921309DD241302" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_8042D5613ED63F7A79921309DD241302" xlink:to="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_8042D5613ED63F7A79921309DD241302" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_79D2218891F309ECD81E1309DD24E5D1_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_79D2218891F309ECD81E1309DD24E5D1" 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_79D2218891F309ECD81E1309DD24E5D1_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_79D2218891F309ECD81E1309DD24E5D1" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSaleOfShortTermInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleOfShortTermInvestments_79D2218891F309ECD81E1309DD24E5D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfShortTermInvestments_79D2218891F309ECD81E1309DD24E5D1" xlink:to="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_79D2218891F309ECD81E1309DD24E5D1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_8809379EE94DB62C1F501309DD24776C_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_8809379EE94DB62C1F501309DD24776C" 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_8809379EE94DB62C1F501309DD24776C_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_8809379EE94DB62C1F501309DD24776C" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_8809379EE94DB62C1F501309DD24776C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_8809379EE94DB62C1F501309DD24776C" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_8809379EE94DB62C1F501309DD24776C" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_32CA7B2282C67D52E74B1309DD246213_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_32CA7B2282C67D52E74B1309DD246213" 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_32CA7B2282C67D52E74B1309DD246213_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_32CA7B2282C67D52E74B1309DD246213" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_32CA7B2282C67D52E74B1309DD246213" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_32CA7B2282C67D52E74B1309DD246213" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_32CA7B2282C67D52E74B1309DD246213" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_EA994A97C7E580D3A9EE1309DD247E1F_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_EA994A97C7E580D3A9EE1309DD247E1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of premises and equipment</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_EA994A97C7E580D3A9EE1309DD247E1F_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_EA994A97C7E580D3A9EE1309DD247E1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_EA994A97C7E580D3A9EE1309DD247E1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_EA994A97C7E580D3A9EE1309DD247E1F" xlink:to="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_EA994A97C7E580D3A9EE1309DD247E1F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_B0113DEE299327D2D40D1309DD241678_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_B0113DEE299327D2D40D1309DD241678" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payments to acquire business</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_B0113DEE299327D2D40D1309DD241678_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_B0113DEE299327D2D40D1309DD241678" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_B0113DEE299327D2D40D1309DD241678" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_B0113DEE299327D2D40D1309DD241678" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_B0113DEE299327D2D40D1309DD241678" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAcquiredFromAcquisition_FB62E75C20DAB4515F801309DD24EF4A_terseLabel_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_FB62E75C20DAB4515F801309DD24EF4A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash acquired in acquisition of Correspondent One S.A.</link:label>
    <link:label id="lab_us-gaap_CashAcquiredFromAcquisition_FB62E75C20DAB4515F801309DD24EF4A_label_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_FB62E75C20DAB4515F801309DD24EF4A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CashAcquiredFromAcquisition" xlink:label="loc_us-gaap_CashAcquiredFromAcquisition_FB62E75C20DAB4515F801309DD24EF4A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAcquiredFromAcquisition_FB62E75C20DAB4515F801309DD24EF4A" xlink:to="lab_us-gaap_CashAcquiredFromAcquisition_FB62E75C20DAB4515F801309DD24EF4A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_D5AF163B3BA5D29878911309DD248FE0_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_D5AF163B3BA5D29878911309DD248FE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distributions of capital from unconsolidated entities</link:label>
    <link:label id="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_D5AF163B3BA5D29878911309DD248FE0_label_en-US" xlink:label="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_D5AF163B3BA5D29878911309DD248FE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital" xlink:label="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_D5AF163B3BA5D29878911309DD248FE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_D5AF163B3BA5D29878911309DD248FE0" xlink:to="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_D5AF163B3BA5D29878911309DD248FE0" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2FB61F1F3D6A73AAE89A1309DD24CCAD_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2FB61F1F3D6A73AAE89A1309DD24CCAD" 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_2FB61F1F3D6A73AAE89A1309DD24CCAD_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2FB61F1F3D6A73AAE89A1309DD24CCAD" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2FB61F1F3D6A73AAE89A1309DD24CCAD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2FB61F1F3D6A73AAE89A1309DD24CCAD" xlink:to="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2FB61F1F3D6A73AAE89A1309DD24CCAD" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_F7AE6CC458BB75D76E991309DD256E5A_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_F7AE6CC458BB75D76E991309DD256E5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash (used in) provided by investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_F7AE6CC458BB75D76E991309DD256E5A_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_F7AE6CC458BB75D76E991309DD256E5A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_F7AE6CC458BB75D76E991309DD256E5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_F7AE6CC458BB75D76E991309DD256E5A" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_F7AE6CC458BB75D76E991309DD256E5A" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_8537AE8E134F4CB2D9B31309DD2512DF_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_8537AE8E134F4CB2D9B31309DD2512DF" 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_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_8537AE8E134F4CB2D9B31309DD2512DF_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_8537AE8E134F4CB2D9B31309DD2512DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_8537AE8E134F4CB2D9B31309DD2512DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_8537AE8E134F4CB2D9B31309DD2512DF" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_8537AE8E134F4CB2D9B31309DD2512DF" xlink:type="arc" />
    <link:label id="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_5B0DBEA477C4099F72DE1309DD2533E9_negatedLabel_en-US" xlink:label="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_5B0DBEA477C4099F72DE1309DD2533E9" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayment of match funded liabilities</link:label>
    <link:label id="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_5B0DBEA477C4099F72DE1309DD2533E9_label_en-US" xlink:label="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_5B0DBEA477C4099F72DE1309DD2533E9" 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_5B0DBEA477C4099F72DE1309DD2533E9_documentation_en-US" xlink:label="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_5B0DBEA477C4099F72DE1309DD2533E9" 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-20151231.xsd#ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities" xlink:label="loc_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_5B0DBEA477C4099F72DE1309DD2533E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_5B0DBEA477C4099F72DE1309DD2533E9" xlink:to="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_5B0DBEA477C4099F72DE1309DD2533E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_99047397C8CB8D8432681309DD2513CD_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_99047397C8CB8D8432681309DD2513CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from other secured borrowings</link:label>
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_99047397C8CB8D8432681309DD2513CD_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_99047397C8CB8D8432681309DD2513CD" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromLinesOfCredit_99047397C8CB8D8432681309DD2513CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromLinesOfCredit_99047397C8CB8D8432681309DD2513CD" xlink:to="lab_us-gaap_ProceedsFromLinesOfCredit_99047397C8CB8D8432681309DD2513CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfLinesOfCredit_948F5329BC39B9B1AC7C1309DD256B93_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLinesOfCredit_948F5329BC39B9B1AC7C1309DD256B93" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayments of other secured borrowings</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfLinesOfCredit_948F5329BC39B9B1AC7C1309DD256B93_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLinesOfCredit_948F5329BC39B9B1AC7C1309DD256B93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Lines of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="loc_us-gaap_RepaymentsOfLinesOfCredit_948F5329BC39B9B1AC7C1309DD256B93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLinesOfCredit_948F5329BC39B9B1AC7C1309DD256B93" xlink:to="lab_us-gaap_RepaymentsOfLinesOfCredit_948F5329BC39B9B1AC7C1309DD256B93" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_1716A24F351CA94B625D1309DD2561E5_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_1716A24F351CA94B625D1309DD2561E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from issuance of senior unsecured notes</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_1716A24F351CA94B625D1309DD2561E5_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_1716A24F351CA94B625D1309DD2561E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Unsecured Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromIssuanceOfUnsecuredDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_1716A24F351CA94B625D1309DD2561E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_1716A24F351CA94B625D1309DD2561E5" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_1716A24F351CA94B625D1309DD2561E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_E8A7F84AAAACA263E47C1309DD25C7C7_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_E8A7F84AAAACA263E47C1309DD25C7C7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payment of debt issuance costs</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_E8A7F84AAAACA263E47C1309DD25C7C7_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_E8A7F84AAAACA263E47C1309DD25C7C7" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="loc_us-gaap_PaymentsOfDebtIssuanceCosts_E8A7F84AAAACA263E47C1309DD25C7C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDebtIssuanceCosts_E8A7F84AAAACA263E47C1309DD25C7C7" xlink:to="lab_us-gaap_PaymentsOfDebtIssuanceCosts_E8A7F84AAAACA263E47C1309DD25C7C7" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_58A87B8FAB4E1D6522BE1309DD25D34E_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_58A87B8FAB4E1D6522BE1309DD25D34E" 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_58A87B8FAB4E1D6522BE1309DD25D34E_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_58A87B8FAB4E1D6522BE1309DD25D34E" 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_58A87B8FAB4E1D6522BE1309DD25D34E_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_58A87B8FAB4E1D6522BE1309DD25D34E" 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-20151231.xsd#ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" xlink:label="loc_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_58A87B8FAB4E1D6522BE1309DD25D34E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_58A87B8FAB4E1D6522BE1309DD25D34E" xlink:to="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_58A87B8FAB4E1D6522BE1309DD25D34E" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_8A648FE7C6FB64A8C5ED1309DD253720_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_8A648FE7C6FB64A8C5ED1309DD253720" 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_8A648FE7C6FB64A8C5ED1309DD253720_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_8A648FE7C6FB64A8C5ED1309DD253720" 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_8A648FE7C6FB64A8C5ED1309DD253720_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_8A648FE7C6FB64A8C5ED1309DD253720" 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-20151231.xsd#ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing" xlink:label="loc_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_8A648FE7C6FB64A8C5ED1309DD253720" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_8A648FE7C6FB64A8C5ED1309DD253720" xlink:to="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_8A648FE7C6FB64A8C5ED1309DD253720" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleofAdvances_789AA1B8F27CA705DAD31309DD25A3CD_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_789AA1B8F27CA705DAD31309DD25A3CD" 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:loc xlink:href="ocn-20151231.xsd#ocn_ProceedsFromSaleofAdvances" xlink:label="loc_ocn_ProceedsFromSaleofAdvances_789AA1B8F27CA705DAD31309DD25A3CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsFromSaleofAdvances_789AA1B8F27CA705DAD31309DD25A3CD" xlink:to="lab_ocn_ProceedsFromSaleofAdvances_789AA1B8F27CA705DAD31309DD25A3CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_160D9403621BBE26B4171309DD25FE5B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_160D9403621BBE26B4171309DD25FE5B" 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_160D9403621BBE26B4171309DD25FE5B_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_160D9403621BBE26B4171309DD25FE5B" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_160D9403621BBE26B4171309DD25FE5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_160D9403621BBE26B4171309DD25FE5B" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_160D9403621BBE26B4171309DD25FE5B" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_FC6035C6F33F3AA15E5B1309DD256C0F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_FC6035C6F33F3AA15E5B1309DD256C0F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payment of preferred stock dividends</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_FC6035C6F33F3AA15E5B1309DD256C0F_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_FC6035C6F33F3AA15E5B1309DD256C0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Ordinary Dividends, Preferred Stock and Preference Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_FC6035C6F33F3AA15E5B1309DD256C0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_FC6035C6F33F3AA15E5B1309DD256C0F" xlink:to="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_FC6035C6F33F3AA15E5B1309DD256C0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromStockOptionsExercised_7491607D3C92B909B2D41309DD259F97_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromStockOptionsExercised_7491607D3C92B909B2D41309DD259F97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from exercise of common stock options</link:label>
    <link:label id="lab_us-gaap_ProceedsFromStockOptionsExercised_7491607D3C92B909B2D41309DD259F97_label_en-US" xlink:label="lab_us-gaap_ProceedsFromStockOptionsExercised_7491607D3C92B909B2D41309DD259F97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Stock Options Exercised</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="loc_us-gaap_ProceedsFromStockOptionsExercised_7491607D3C92B909B2D41309DD259F97" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromStockOptionsExercised_7491607D3C92B909B2D41309DD259F97" xlink:to="lab_us-gaap_ProceedsFromStockOptionsExercised_7491607D3C92B909B2D41309DD259F97" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfOtherDebt_F3D3E4427FE81DA086771309DD25433B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherDebt_F3D3E4427FE81DA086771309DD25433B" 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_F3D3E4427FE81DA086771309DD25433B_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherDebt_F3D3E4427FE81DA086771309DD25433B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Other Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_RepaymentsOfOtherDebt" xlink:label="loc_us-gaap_RepaymentsOfOtherDebt_F3D3E4427FE81DA086771309DD25433B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfOtherDebt_F3D3E4427FE81DA086771309DD25433B" xlink:to="lab_us-gaap_RepaymentsOfOtherDebt_F3D3E4427FE81DA086771309DD25433B" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_C2146400667C882A2E9C1309DD25A821_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_C2146400667C882A2E9C1309DD25A821" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_C2146400667C882A2E9C1309DD25A821_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_C2146400667C882A2E9C1309DD25A821" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_C2146400667C882A2E9C1309DD25A821" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_C2146400667C882A2E9C1309DD25A821" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_C2146400667C882A2E9C1309DD25A821" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashPeriodIncreaseDecrease_9532B434F73DCC62BD5E1309DD26128A_totalLabel_en-US" xlink:label="lab_us-gaap_CashPeriodIncreaseDecrease_9532B434F73DCC62BD5E1309DD26128A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net increase (decrease) in cash</link:label>
    <link:label id="lab_us-gaap_CashPeriodIncreaseDecrease_9532B434F73DCC62BD5E1309DD26128A_label_en-US" xlink:label="lab_us-gaap_CashPeriodIncreaseDecrease_9532B434F73DCC62BD5E1309DD26128A" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CashPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashPeriodIncreaseDecrease_9532B434F73DCC62BD5E1309DD26128A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashPeriodIncreaseDecrease_9532B434F73DCC62BD5E1309DD26128A" xlink:to="lab_us-gaap_CashPeriodIncreaseDecrease_9532B434F73DCC62BD5E1309DD26128A" xlink:type="arc" />
    <link:label id="lab_us-gaap_Cash_336071AA26A746BDA6661309DD26ABE8_periodStartLabel_en-US" xlink:label="lab_us-gaap_Cash_336071AA26A746BDA6661309DD26ABE8" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Cash" xlink:label="loc_us-gaap_Cash_336071AA26A746BDA6661309DD26ABE8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Cash_336071AA26A746BDA6661309DD26ABE8" xlink:to="lab_us-gaap_Cash_336071AA26A746BDA6661309DD26ABE8" xlink:type="arc" />
    <link:label id="lab_us-gaap_Cash_2216779E3897DDDDBA3A1309DD26B14B_periodEndLabel_en-US" xlink:label="lab_us-gaap_Cash_2216779E3897DDDDBA3A1309DD26B14B" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash at end of year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_Cash" xlink:label="loc_us-gaap_Cash_2216779E3897DDDDBA3A1309DD26B14B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Cash_2216779E3897DDDDBA3A1309DD26B14B" xlink:to="lab_us-gaap_Cash_2216779E3897DDDDBA3A1309DD26B14B" xlink:type="arc" />
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_FC9E36C275896645400E1309DD2682C0_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_FC9E36C275896645400E1309DD2682C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental cash flow information</link:label>
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_FC9E36C275896645400E1309DD2682C0_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_FC9E36C275896645400E1309DD2682C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract_FC9E36C275896645400E1309DD2682C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SupplementalCashFlowInformationAbstract_FC9E36C275896645400E1309DD2682C0" xlink:to="lab_us-gaap_SupplementalCashFlowInformationAbstract_FC9E36C275896645400E1309DD2682C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestPaid_3B1803E5BD166245C7651309DD260016_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPaid_3B1803E5BD166245C7651309DD260016" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest paid</link:label>
    <link:label id="lab_us-gaap_InterestPaid_3B1803E5BD166245C7651309DD260016_label_en-US" xlink:label="lab_us-gaap_InterestPaid_3B1803E5BD166245C7651309DD260016" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_InterestPaid" xlink:label="loc_us-gaap_InterestPaid_3B1803E5BD166245C7651309DD260016" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestPaid_3B1803E5BD166245C7651309DD260016" xlink:to="lab_us-gaap_InterestPaid_3B1803E5BD166245C7651309DD260016" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_DEC5DC69F99F35B5D0451309DD269E0E_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_DEC5DC69F99F35B5D0451309DD269E0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax payments, net</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_DEC5DC69F99F35B5D0451309DD269E0E_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_DEC5DC69F99F35B5D0451309DD269E0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Paid, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="loc_us-gaap_IncomeTaxesPaidNet_DEC5DC69F99F35B5D0451309DD269E0E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaidNet_DEC5DC69F99F35B5D0451309DD269E0E" xlink:to="lab_us-gaap_IncomeTaxesPaidNet_DEC5DC69F99F35B5D0451309DD269E0E" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_138CABF6D1389B0EF71E1309DD266C69_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_138CABF6D1389B0EF71E1309DD266C69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental non-cash investing and financing activities</link:label>
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_138CABF6D1389B0EF71E1309DD266C69_label_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_138CABF6D1389B0EF71E1309DD266C69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_138CABF6D1389B0EF71E1309DD266C69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_138CABF6D1389B0EF71E1309DD266C69" xlink:to="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_138CABF6D1389B0EF71E1309DD266C69" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1_BD169C252453DF8837B11309DD262842_terseLabel_en-US" xlink:label="lab_us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1_BD169C252453DF8837B11309DD262842" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers of loans held for sale to loans held for investment</link:label>
    <link:label id="lab_us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1_BD169C252453DF8837B11309DD262842_label_en-US" xlink:label="lab_us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1_BD169C252453DF8837B11309DD262842" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer of Portfolio Loans and Leases to Held-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1" xlink:label="loc_us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1_BD169C252453DF8837B11309DD262842" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1_BD169C252453DF8837B11309DD262842" xlink:to="lab_us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1_BD169C252453DF8837B11309DD262842" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransferToOtherRealEstate_C69EB01A472B4FBDA2D51309DD267F92_terseLabel_en-US" xlink:label="lab_us-gaap_TransferToOtherRealEstate_C69EB01A472B4FBDA2D51309DD267F92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers of loans held for sale to real estate owned</link:label>
    <link:label id="lab_us-gaap_TransferToOtherRealEstate_C69EB01A472B4FBDA2D51309DD267F92_label_en-US" xlink:label="lab_us-gaap_TransferToOtherRealEstate_C69EB01A472B4FBDA2D51309DD267F92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Owned, Transfer to Real Estate Owned</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_TransferToOtherRealEstate" xlink:label="loc_us-gaap_TransferToOtherRealEstate_C69EB01A472B4FBDA2D51309DD267F92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransferToOtherRealEstate_C69EB01A472B4FBDA2D51309DD267F92" xlink:to="lab_us-gaap_TransferToOtherRealEstate_C69EB01A472B4FBDA2D51309DD267F92" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConversionOfStockAmountConverted1_5A5A67AED6CD737B65771309DD26057A_terseLabel_en-US" xlink:label="lab_us-gaap_ConversionOfStockAmountConverted1_5A5A67AED6CD737B65771309DD26057A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion of Series A preferred stock to common stock</link:label>
    <link:label id="lab_us-gaap_ConversionOfStockAmountConverted1_5A5A67AED6CD737B65771309DD26057A_label_en-US" xlink:label="lab_us-gaap_ConversionOfStockAmountConverted1_5A5A67AED6CD737B65771309DD26057A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conversion of Stock, Amount Converted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ConversionOfStockAmountConverted1" xlink:label="loc_us-gaap_ConversionOfStockAmountConverted1_5A5A67AED6CD737B65771309DD26057A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConversionOfStockAmountConverted1_5A5A67AED6CD737B65771309DD26057A" xlink:to="lab_us-gaap_ConversionOfStockAmountConverted1_5A5A67AED6CD737B65771309DD26057A" xlink:type="arc" />
    <link:label id="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_3A8F7FE303C805A0E7561309DD264F22_terseLabel_en-US" xlink:label="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_3A8F7FE303C805A0E7561309DD264F22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental business acquisition information</link:label>
    <link:label id="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_3A8F7FE303C805A0E7561309DD264F22_label_en-US" xlink:label="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_3A8F7FE303C805A0E7561309DD264F22" 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_3A8F7FE303C805A0E7561309DD264F22_documentation_en-US" xlink:label="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_3A8F7FE303C805A0E7561309DD264F22" 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-20151231.xsd#ocn_SupplementalBusinessAcquisitionInformationAbstract" xlink:label="loc_ocn_SupplementalBusinessAcquisitionInformationAbstract_3A8F7FE303C805A0E7561309DD264F22" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SupplementalBusinessAcquisitionInformationAbstract_3A8F7FE303C805A0E7561309DD264F22" xlink:to="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_3A8F7FE303C805A0E7561309DD264F22" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueOfAssetsAcquiredAbstract_66B6EB2F38420F32CF7F1309DD26D6A4_terseLabel_en-US" xlink:label="lab_ocn_FairValueOfAssetsAcquiredAbstract_66B6EB2F38420F32CF7F1309DD26D6A4" 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_66B6EB2F38420F32CF7F1309DD26D6A4_label_en-US" xlink:label="lab_ocn_FairValueOfAssetsAcquiredAbstract_66B6EB2F38420F32CF7F1309DD26D6A4" 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_66B6EB2F38420F32CF7F1309DD26D6A4_documentation_en-US" xlink:label="lab_ocn_FairValueOfAssetsAcquiredAbstract_66B6EB2F38420F32CF7F1309DD26D6A4" 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-20151231.xsd#ocn_FairValueOfAssetsAcquiredAbstract" xlink:label="loc_ocn_FairValueOfAssetsAcquiredAbstract_66B6EB2F38420F32CF7F1309DD26D6A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueOfAssetsAcquiredAbstract_66B6EB2F38420F32CF7F1309DD26D6A4" xlink:to="lab_ocn_FairValueOfAssetsAcquiredAbstract_66B6EB2F38420F32CF7F1309DD26D6A4" xlink:type="arc" />
    <link:label id="lab_ocn_PaymentToAcquireCash_E6730922D7DF58CD27E11309DD26C922_negatedLabel_en-US" xlink:label="lab_ocn_PaymentToAcquireCash_E6730922D7DF58CD27E11309DD26C922" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:label id="lab_ocn_PaymentToAcquireCash_E6730922D7DF58CD27E11309DD26C922_label_en-US" xlink:label="lab_ocn_PaymentToAcquireCash_E6730922D7DF58CD27E11309DD26C922" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment To Acquire Cash</link:label>
    <link:label id="lab_ocn_PaymentToAcquireCash_E6730922D7DF58CD27E11309DD26C922_documentation_en-US" xlink:label="lab_ocn_PaymentToAcquireCash_E6730922D7DF58CD27E11309DD26C922" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payment to acquire cash.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PaymentToAcquireCash" xlink:label="loc_ocn_PaymentToAcquireCash_E6730922D7DF58CD27E11309DD26C922" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PaymentToAcquireCash_E6730922D7DF58CD27E11309DD26C922" xlink:to="lab_ocn_PaymentToAcquireCash_E6730922D7DF58CD27E11309DD26C922" xlink:type="arc" />
    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_43E0F60B340475856FB61309DD2681A2_negatedTerseLabel_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_43E0F60B340475856FB61309DD2681A2" 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_43E0F60B340475856FB61309DD2681A2_label_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_43E0F60B340475856FB61309DD2681A2" 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_43E0F60B340475856FB61309DD2681A2_documentation_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_43E0F60B340475856FB61309DD2681A2" 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-20151231.xsd#ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired" xlink:label="loc_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_43E0F60B340475856FB61309DD2681A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_43E0F60B340475856FB61309DD2681A2" xlink:to="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_43E0F60B340475856FB61309DD2681A2" xlink:type="arc" />
    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_8FA6FD7E1D2D1D7639E01309DD26DB8A_negatedTerseLabel_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_8FA6FD7E1D2D1D7639E01309DD26DB8A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights</link:label>
    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_8FA6FD7E1D2D1D7639E01309DD26DB8A_label_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_8FA6FD7E1D2D1D7639E01309DD26DB8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash Or Part Noncash Acquisition Mortgage Servicing Rights Acquired</link:label>
    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_8FA6FD7E1D2D1D7639E01309DD26DB8A_documentation_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_8FA6FD7E1D2D1D7639E01309DD26DB8A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncash Or Part Noncash Acquisition Mortgage Servicing Rights Acquired</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired" xlink:label="loc_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_8FA6FD7E1D2D1D7639E01309DD26DB8A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_8FA6FD7E1D2D1D7639E01309DD26DB8A" xlink:to="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_8FA6FD7E1D2D1D7639E01309DD26DB8A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_D201327A01AAAA6E39AB1309DD27E10E_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_D201327A01AAAA6E39AB1309DD27E10E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Premises and equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_D201327A01AAAA6E39AB1309DD27E10E_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_D201327A01AAAA6E39AB1309DD27E10E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Gross, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_D201327A01AAAA6E39AB1309DD27E10E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_D201327A01AAAA6E39AB1309DD27E10E" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_D201327A01AAAA6E39AB1309DD27E10E" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillPeriodIncreaseDecrease_05B85D64C90AB3E41EB71309DD275D52_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GoodwillPeriodIncreaseDecrease_05B85D64C90AB3E41EB71309DD275D52" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_us-gaap_GoodwillPeriodIncreaseDecrease_05B85D64C90AB3E41EB71309DD275D52_label_en-US" xlink:label="lab_us-gaap_GoodwillPeriodIncreaseDecrease_05B85D64C90AB3E41EB71309DD275D52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_GoodwillPeriodIncreaseDecrease" xlink:label="loc_us-gaap_GoodwillPeriodIncreaseDecrease_05B85D64C90AB3E41EB71309DD275D52" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillPeriodIncreaseDecrease_05B85D64C90AB3E41EB71309DD275D52" xlink:to="lab_us-gaap_GoodwillPeriodIncreaseDecrease_05B85D64C90AB3E41EB71309DD275D52" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueAdditions_6F930457DC5C5853AC131309DD277DBE_negatedLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueAdditions_6F930457DC5C5853AC131309DD277DBE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Debt service accounts</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueAdditions" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValueAdditions_6F930457DC5C5853AC131309DD277DBE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtAmortizedValueAdditions_6F930457DC5C5853AC131309DD277DBE" xlink:to="lab_us-gaap_ServicingAssetAtAmortizedValueAdditions_6F930457DC5C5853AC131309DD277DBE" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1_8DBE06C4E7F58DA9F2341309DD27A2ED_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1_8DBE06C4E7F58DA9F2341309DD27A2ED" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Receivables and other assets</link:label>
    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1_8DBE06C4E7F58DA9F2341309DD27A2ED_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1_8DBE06C4E7F58DA9F2341309DD27A2ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Accounts Receivable Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1" xlink:label="loc_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1_8DBE06C4E7F58DA9F2341309DD27A2ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1_8DBE06C4E7F58DA9F2341309DD27A2ED" xlink:to="lab_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1_8DBE06C4E7F58DA9F2341309DD27A2ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueOfAssetsAcquired_AC385EC79B759943DB471309DD277DFD_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_FairValueOfAssetsAcquired_AC385EC79B759943DB471309DD277DFD" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Fair value of assets acquired</link:label>
    <link:label id="lab_us-gaap_FairValueOfAssetsAcquired_AC385EC79B759943DB471309DD277DFD_label_en-US" xlink:label="lab_us-gaap_FairValueOfAssetsAcquired_AC385EC79B759943DB471309DD277DFD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value of Assets Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueOfAssetsAcquired" xlink:label="loc_us-gaap_FairValueOfAssetsAcquired_AC385EC79B759943DB471309DD277DFD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOfAssetsAcquired_AC385EC79B759943DB471309DD277DFD" xlink:to="lab_us-gaap_FairValueOfAssetsAcquired_AC385EC79B759943DB471309DD277DFD" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_EC5528D19CAB98DA2A561309DD271CE7_terseLabel_en-US" xlink:label="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_EC5528D19CAB98DA2A561309DD271CE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of liabilities assumed</link:label>
    <link:label id="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_EC5528D19CAB98DA2A561309DD271CE7_label_en-US" xlink:label="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_EC5528D19CAB98DA2A561309DD271CE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair value of liabilities assumed [Abstract]</link:label>
    <link:label id="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_EC5528D19CAB98DA2A561309DD271CE7_documentation_en-US" xlink:label="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_EC5528D19CAB98DA2A561309DD271CE7" 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-20151231.xsd#ocn_FairValueOfLiabilitiesAssumedAbstract" xlink:label="loc_ocn_FairValueOfLiabilitiesAssumedAbstract_EC5528D19CAB98DA2A561309DD271CE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueOfLiabilitiesAssumedAbstract_EC5528D19CAB98DA2A561309DD271CE7" xlink:to="lab_ocn_FairValueOfLiabilitiesAssumedAbstract_EC5528D19CAB98DA2A561309DD271CE7" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherAccruedLiabilities_D1BAC52BB89E7743E3641309DD27B6F6_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherAccruedLiabilities_D1BAC52BB89E7743E3641309DD27B6F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses and other liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherAccruedLiabilities_D1BAC52BB89E7743E3641309DD27B6F6_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherAccruedLiabilities_D1BAC52BB89E7743E3641309DD27B6F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInOtherAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherAccruedLiabilities_D1BAC52BB89E7743E3641309DD27B6F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherAccruedLiabilities_D1BAC52BB89E7743E3641309DD27B6F6" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherAccruedLiabilities_D1BAC52BB89E7743E3641309DD27B6F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferred1_6CF701852E2BCCB96F1B1309DD27D72A_negatedLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferred1_6CF701852E2BCCB96F1B1309DD27D72A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Total consideration</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferred1_6CF701852E2BCCB96F1B1309DD27D72A_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferred1_6CF701852E2BCCB96F1B1309DD27D72A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Consideration Transferred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferred1" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferred1_6CF701852E2BCCB96F1B1309DD27D72A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferred1_6CF701852E2BCCB96F1B1309DD27D72A" xlink:to="lab_us-gaap_BusinessCombinationConsiderationTransferred1_6CF701852E2BCCB96F1B1309DD27D72A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments_FBD35F764AA29D47372B1309DD27827A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments_FBD35F764AA29D47372B1309DD27827A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount due to seller for purchase price adjustments</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments_FBD35F764AA29D47372B1309DD27827A_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments_FBD35F764AA29D47372B1309DD27827A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisitions, Purchase Price Allocation, Subsequent Years, Remaining Adjustments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments" xlink:label="loc_us-gaap_BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments_FBD35F764AA29D47372B1309DD27827A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments_FBD35F764AA29D47372B1309DD27827A" xlink:to="lab_us-gaap_BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments_FBD35F764AA29D47372B1309DD27827A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_3EC7FD71DEB7ED089A2D1309DD27B3CF_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_3EC7FD71DEB7ED089A2D1309DD27B3CF" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cash paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_3EC7FD71DEB7ED089A2D1309DD27B3CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesGross_3EC7FD71DEB7ED089A2D1309DD27B3CF" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesGross_3EC7FD71DEB7ED089A2D1309DD27B3CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAcquiredInExcessOfPaymentsToAcquireBusiness_F31F238F2AF9349F5CFE1309DD272279_verboseLabel_en-US" xlink:label="lab_us-gaap_CashAcquiredInExcessOfPaymentsToAcquireBusiness_F31F238F2AF9349F5CFE1309DD272279" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Less cash acquired</link:label>
    <link:label id="lab_us-gaap_CashAcquiredInExcessOfPaymentsToAcquireBusiness_F31F238F2AF9349F5CFE1309DD272279_label_en-US" xlink:label="lab_us-gaap_CashAcquiredInExcessOfPaymentsToAcquireBusiness_F31F238F2AF9349F5CFE1309DD272279" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Acquired in Excess of Payments to Acquire Business</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_CashAcquiredInExcessOfPaymentsToAcquireBusiness" xlink:label="loc_us-gaap_CashAcquiredInExcessOfPaymentsToAcquireBusiness_F31F238F2AF9349F5CFE1309DD272279" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAcquiredInExcessOfPaymentsToAcquireBusiness_F31F238F2AF9349F5CFE1309DD272279" xlink:to="lab_us-gaap_CashAcquiredInExcessOfPaymentsToAcquireBusiness_F31F238F2AF9349F5CFE1309DD272279" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired_A7D4EE88B9D79EE7080C1309DD276B83_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired_A7D4EE88B9D79EE7080C1309DD276B83" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Net cash paid</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired_A7D4EE88B9D79EE7080C1309DD276B83_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired_A7D4EE88B9D79EE7080C1309DD276B83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Business Two, Net of Cash Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired_A7D4EE88B9D79EE7080C1309DD276B83" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired_A7D4EE88B9D79EE7080C1309DD276B83" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired_A7D4EE88B9D79EE7080C1309DD276B83" xlink:type="arc" />
    <link:label id="lab_ocn_RegulatoryRequirementsTextBlock_7142E97195312DACC4FDB1D5BC56F7BE_terseLabel_en-US" xlink:label="lab_ocn_RegulatoryRequirementsTextBlock_7142E97195312DACC4FDB1D5BC56F7BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory Requirements</link:label>
    <link:label id="lab_ocn_RegulatoryRequirementsTextBlock_7142E97195312DACC4FDB1D5BC56F7BE_label_en-US" xlink:label="lab_ocn_RegulatoryRequirementsTextBlock_7142E97195312DACC4FDB1D5BC56F7BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Requirements [Text Block]</link:label>
    <link:label id="lab_ocn_RegulatoryRequirementsTextBlock_7142E97195312DACC4FDB1D5BC56F7BE_documentation_en-US" xlink:label="lab_ocn_RegulatoryRequirementsTextBlock_7142E97195312DACC4FDB1D5BC56F7BE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description of regulatory oversight by federal, state, local and foreign governmental authorities that apply to the business.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_RegulatoryRequirementsTextBlock" xlink:label="loc_ocn_RegulatoryRequirementsTextBlock_7142E97195312DACC4FDB1D5BC56F7BE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RegulatoryRequirementsTextBlock_7142E97195312DACC4FDB1D5BC56F7BE" xlink:to="lab_ocn_RegulatoryRequirementsTextBlock_7142E97195312DACC4FDB1D5BC56F7BE" xlink:type="arc" />
    <link:label id="lab_ocn_NonAgencyMortgageServicingRightsMember_7E6BC3C06031A28B3328C026CA16291E_terseLabel_en-US" xlink:label="lab_ocn_NonAgencyMortgageServicingRightsMember_7E6BC3C06031A28B3328C026CA16291E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non Agency Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_NonAgencyMortgageServicingRightsMember_7E6BC3C06031A28B3328C026CA16291E_label_en-US" xlink:label="lab_ocn_NonAgencyMortgageServicingRightsMember_7E6BC3C06031A28B3328C026CA16291E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Agency Mortgage Servicing Rights [Member]</link:label>
    <link:label id="lab_ocn_NonAgencyMortgageServicingRightsMember_7E6BC3C06031A28B3328C026CA16291E_documentation_en-US" xlink:label="lab_ocn_NonAgencyMortgageServicingRightsMember_7E6BC3C06031A28B3328C026CA16291E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non agency mortgage servicing rights.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_NonAgencyMortgageServicingRightsMember" xlink:label="loc_ocn_NonAgencyMortgageServicingRightsMember_7E6BC3C06031A28B3328C026CA16291E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NonAgencyMortgageServicingRightsMember_7E6BC3C06031A28B3328C026CA16291E" xlink:to="lab_ocn_NonAgencyMortgageServicingRightsMember_7E6BC3C06031A28B3328C026CA16291E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_C08B5D7B3E026F92EE41C02524CCA154_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_C08B5D7B3E026F92EE41C02524CCA154" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value measurement of non-agency MSRs, cumulative-effect on retained earnings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_FairValueOptionChangesInFairValueGainLoss1" xlink:label="loc_us-gaap_FairValueOptionChangesInFairValueGainLoss1_C08B5D7B3E026F92EE41C02524CCA154" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOptionChangesInFairValueGainLoss1_C08B5D7B3E026F92EE41C02524CCA154" xlink:to="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_C08B5D7B3E026F92EE41C02524CCA154" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_D94B91DB4535C35370ECC02413F108BF_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_D94B91DB4535C35370ECC02413F108BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income taxes</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_D94B91DB4535C35370ECC02413F108BF_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_D94B91DB4535C35370ECC02413F108BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Taxes and Tax Credits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DeferredIncomeTaxesAndTaxCredits" xlink:label="loc_us-gaap_DeferredIncomeTaxesAndTaxCredits_D94B91DB4535C35370ECC02413F108BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxesAndTaxCredits_D94B91DB4535C35370ECC02413F108BF" xlink:to="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_D94B91DB4535C35370ECC02413F108BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_205C22CD98118D590DB4C0244CBCE259_verboseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_205C22CD98118D590DB4C0244CBCE259" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Unpaid principal balance of MSRs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_205C22CD98118D590DB4C0244CBCE259" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_205C22CD98118D590DB4C0244CBCE259" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_205C22CD98118D590DB4C0244CBCE259" xlink:type="arc" />
    <link:label id="lab_ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans_8E4DF9E605346868132BC00CF9C292BC_terseLabel_en-US" xlink:label="lab_ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans_8E4DF9E605346868132BC00CF9C292BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred gain on sale of MSRs</link:label>
    <link:label id="lab_ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans_8E4DF9E605346868132BC00CF9C292BC_label_en-US" xlink:label="lab_ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans_8E4DF9E605346868132BC00CF9C292BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Unrecognized Gain On Sale Of Mortgage Loans</link:label>
    <link:label id="lab_ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans_8E4DF9E605346868132BC00CF9C292BC_documentation_en-US" xlink:label="lab_ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans_8E4DF9E605346868132BC00CF9C292BC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represent unrecognized deferred gain on sale of MSRs.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans" xlink:label="loc_ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans_8E4DF9E605346868132BC00CF9C292BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans_8E4DF9E605346868132BC00CF9C292BC" xlink:to="lab_ocn_DeferredUnrecognizedGainOnSaleOfMortgageLoans_8E4DF9E605346868132BC00CF9C292BC" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale_F2002C195384AF5F09849CC5444C0732_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale_F2002C195384AF5F09849CC5444C0732" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounted for as a sale</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale_F2002C195384AF5F09849CC5444C0732_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale_F2002C195384AF5F09849CC5444C0732" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sale Of Financial Assets Accounted For As Sale</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale_F2002C195384AF5F09849CC5444C0732_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale_F2002C195384AF5F09849CC5444C0732" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from sale of financial assets accounted for as sale.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale" xlink:label="loc_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale_F2002C195384AF5F09849CC5444C0732" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale_F2002C195384AF5F09849CC5444C0732" xlink:to="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsSale_F2002C195384AF5F09849CC5444C0732" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing_DA14ECEB9B5717A6844E9CC5F98FBCA0_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing_DA14ECEB9B5717A6844E9CC5F98FBCA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounted for as a financing</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing_DA14ECEB9B5717A6844E9CC5F98FBCA0_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing_DA14ECEB9B5717A6844E9CC5F98FBCA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sale Of Financial Assets Accounted For As Financing</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing_DA14ECEB9B5717A6844E9CC5F98FBCA0_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing_DA14ECEB9B5717A6844E9CC5F98FBCA0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from sale of financial assets accounted for as financing.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing" xlink:label="loc_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing_DA14ECEB9B5717A6844E9CC5F98FBCA0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing_DA14ECEB9B5717A6844E9CC5F98FBCA0" xlink:to="lab_ocn_ProceedsFromSaleOfFinancialAssetsAccountedForAsFinancing_DA14ECEB9B5717A6844E9CC5F98FBCA0" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_72436976A12C0AC8E8569CD5FD8EE2A7_totalLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_72436976A12C0AC8E8569CD5FD8EE2A7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Sales price of assets sold</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_72436976A12C0AC8E8569CD5FD8EE2A7_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_72436976A12C0AC8E8569CD5FD8EE2A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sale Of Mortgage Servicing Rights, Advances And Match Funded Advances</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_72436976A12C0AC8E8569CD5FD8EE2A7_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_72436976A12C0AC8E8569CD5FD8EE2A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from sale of mortgage servicing rights, advances and match funded advances.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances" xlink:label="loc_ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_72436976A12C0AC8E8569CD5FD8EE2A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_72436976A12C0AC8E8569CD5FD8EE2A7" xlink:to="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_72436976A12C0AC8E8569CD5FD8EE2A7" xlink:type="arc" />
    <link:label id="lab_ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_AB306A8A3606F52AB3619CDD5B32CFB5_negatedTerseLabel_en-US" xlink:label="lab_ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_AB306A8A3606F52AB3619CDD5B32CFB5" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Amounts due from purchaser at December 31</link:label>
    <link:label id="lab_ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_AB306A8A3606F52AB3619CDD5B32CFB5_label_en-US" xlink:label="lab_ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_AB306A8A3606F52AB3619CDD5B32CFB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments Due From Purchaser Of Mortgage Servicing Rights, Advances And Match Funded Advances</link:label>
    <link:label id="lab_ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_AB306A8A3606F52AB3619CDD5B32CFB5_documentation_en-US" xlink:label="lab_ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_AB306A8A3606F52AB3619CDD5B32CFB5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments due from purchaser of mortgage servicing rights, advances and match funded advances.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances" xlink:label="loc_ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_AB306A8A3606F52AB3619CDD5B32CFB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_AB306A8A3606F52AB3619CDD5B32CFB5" xlink:to="lab_ocn_PaymentsDueFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_AB306A8A3606F52AB3619CDD5B32CFB5" xlink:type="arc" />
    <link:label id="lab_ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations_7BB5C1B78EC6B11E31619CACD4A15003_negatedTerseLabel_en-US" xlink:label="lab_ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations_7BB5C1B78EC6B11E31619CACD4A15003" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Amounts paid to purchaser for estimated representation and warranty obligations, compensatory fees and related indemnification obligations</link:label>
    <link:label id="lab_ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations_7BB5C1B78EC6B11E31619CACD4A15003_label_en-US" xlink:label="lab_ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations_7BB5C1B78EC6B11E31619CACD4A15003" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount Paid To Purchasers For Estimated Compensatory Fees Representation And Warranty Obligations</link:label>
    <link:label id="lab_ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations_7BB5C1B78EC6B11E31619CACD4A15003_documentation_en-US" xlink:label="lab_ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations_7BB5C1B78EC6B11E31619CACD4A15003" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount paid to purchasers for estimated representation and warranty obligations, compensatory fees for foreclosures that may ultimately exceed investor timelines and related indemnification obligations.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations" xlink:label="loc_ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations_7BB5C1B78EC6B11E31619CACD4A15003" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations_7BB5C1B78EC6B11E31619CACD4A15003" xlink:to="lab_ocn_AmountPaidToPurchasersForEstimatedCompensatoryFeesRepresentationAndWarrantyObligations_7BB5C1B78EC6B11E31619CACD4A15003" xlink:type="arc" />
    <link:label id="lab_ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_105AB1236A6DF7C8DA5A9CE568675F48_negatedTerseLabel_en-US" xlink:label="lab_ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_105AB1236A6DF7C8DA5A9CE568675F48" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Amounts received from (paid to) purchaser for items outstanding at the end of the previous year</link:label>
    <link:label id="lab_ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_105AB1236A6DF7C8DA5A9CE568675F48_label_en-US" xlink:label="lab_ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_105AB1236A6DF7C8DA5A9CE568675F48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments For Proceeds From Purchaser Of Mortgage Servicing Rights, Advances And Match Funded Advances</link:label>
    <link:label id="lab_ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_105AB1236A6DF7C8DA5A9CE568675F48_documentation_en-US" xlink:label="lab_ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_105AB1236A6DF7C8DA5A9CE568675F48" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments for proceeds from purchaser of mortgage servicing rights, advances and match funded advances.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances" xlink:label="loc_ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_105AB1236A6DF7C8DA5A9CE568675F48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_105AB1236A6DF7C8DA5A9CE568675F48" xlink:to="lab_ocn_PaymentsForProceedsFromPurchaserOfMortgageServicingRightsAdvancesAndMatchFundedAdvances_105AB1236A6DF7C8DA5A9CE568675F48" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_A913E27C316F191B52C09CACD4A27BAF_totalLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_A913E27C316F191B52C09CACD4A27BAF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total net cash received</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_A913E27C316F191B52C09CACD4A27BAF_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_A913E27C316F191B52C09CACD4A27BAF" 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/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSalesOfAssetsInvestingActivities" xlink:label="loc_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_A913E27C316F191B52C09CACD4A27BAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_A913E27C316F191B52C09CACD4A27BAF" xlink:to="lab_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities_A913E27C316F191B52C09CACD4A27BAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCommitmentsTable_46CF35A150DF6E48706808148B7C6FBA_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCommitmentsTable_46CF35A150DF6E48706808148B7C6FBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Commitments [Table]</link:label>
    <link:label id="lab_us-gaap_OtherCommitmentsTable_46CF35A150DF6E48706808148B7C6FBA_label_en-US" xlink:label="lab_us-gaap_OtherCommitmentsTable_46CF35A150DF6E48706808148B7C6FBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Commitments [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherCommitmentsTable" xlink:label="loc_us-gaap_OtherCommitmentsTable_46CF35A150DF6E48706808148B7C6FBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCommitmentsTable_46CF35A150DF6E48706808148B7C6FBA" xlink:to="lab_us-gaap_OtherCommitmentsTable_46CF35A150DF6E48706808148B7C6FBA" xlink:type="arc" />
    <link:label id="lab_ocn_FloatingRateReverseMortgageLoansMember_B9F7C42254E5F9E64CDD08148B7D012D_terseLabel_en-US" xlink:label="lab_ocn_FloatingRateReverseMortgageLoansMember_B9F7C42254E5F9E64CDD08148B7D012D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Floating Rate Reverse Mortgage Loans [Member]</link:label>
    <link:label id="lab_ocn_FloatingRateReverseMortgageLoansMember_B9F7C42254E5F9E64CDD08148B7D012D_label_en-US" xlink:label="lab_ocn_FloatingRateReverseMortgageLoansMember_B9F7C42254E5F9E64CDD08148B7D012D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Floating Rate Reverse Mortgage Loans [Member]</link:label>
    <link:label id="lab_ocn_FloatingRateReverseMortgageLoansMember_B9F7C42254E5F9E64CDD08148B7D012D_documentation_en-US" xlink:label="lab_ocn_FloatingRateReverseMortgageLoansMember_B9F7C42254E5F9E64CDD08148B7D012D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Floating rate reverse mortgage loans.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_FloatingRateReverseMortgageLoansMember" xlink:label="loc_ocn_FloatingRateReverseMortgageLoansMember_B9F7C42254E5F9E64CDD08148B7D012D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FloatingRateReverseMortgageLoansMember_B9F7C42254E5F9E64CDD08148B7D012D" xlink:to="lab_ocn_FloatingRateReverseMortgageLoansMember_B9F7C42254E5F9E64CDD08148B7D012D" xlink:type="arc" />
    <link:label id="lab_ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember_82AD3BB3C5481BC47A5C08148B7DDC4C_terseLabel_en-US" xlink:label="lab_ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember_82AD3BB3C5481BC47A5C08148B7DDC4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward Mortgage Loan Interest Rate Lock Commitments [Member]</link:label>
    <link:label id="lab_ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember_82AD3BB3C5481BC47A5C08148B7DDC4C_label_en-US" xlink:label="lab_ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember_82AD3BB3C5481BC47A5C08148B7DDC4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forward Mortgage Loan Interest Rate Lock Commitments [Member]</link:label>
    <link:label id="lab_ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember_82AD3BB3C5481BC47A5C08148B7DDC4C_documentation_en-US" xlink:label="lab_ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember_82AD3BB3C5481BC47A5C08148B7DDC4C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Forward mortgage loan interest rate lock commitments.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember" xlink:label="loc_ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember_82AD3BB3C5481BC47A5C08148B7DDC4C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember_82AD3BB3C5481BC47A5C08148B7DDC4C" xlink:to="lab_ocn_ForwardMortgageLoanInterestRateLockCommitmentsMember_82AD3BB3C5481BC47A5C08148B7DDC4C" xlink:type="arc" />
    <link:label id="lab_ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember_0F2EAA39D4381DA6C67508148B7D0C8E_terseLabel_en-US" xlink:label="lab_ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember_0F2EAA39D4381DA6C67508148B7D0C8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reverse Mortgage Loan Interest Rate Lock Commitments [Member]</link:label>
    <link:label id="lab_ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember_0F2EAA39D4381DA6C67508148B7D0C8E_label_en-US" xlink:label="lab_ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember_0F2EAA39D4381DA6C67508148B7D0C8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reverse Mortgage Loan Interest Rate Lock Commitments [Member]</link:label>
    <link:label id="lab_ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember_0F2EAA39D4381DA6C67508148B7D0C8E_documentation_en-US" xlink:label="lab_ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember_0F2EAA39D4381DA6C67508148B7D0C8E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reverse mortgage loan interest rate lock commitments.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember" xlink:label="loc_ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember_0F2EAA39D4381DA6C67508148B7D0C8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember_0F2EAA39D4381DA6C67508148B7D0C8E" xlink:to="lab_ocn_ReverseMortgageLoanInterestRateLockCommitmentsMember_0F2EAA39D4381DA6C67508148B7D0C8E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCommitmentsLineItems_40DE90C34858D8894AE608148B7D5E93_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCommitmentsLineItems_40DE90C34858D8894AE608148B7D5E93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Commitments [Line Items]</link:label>
    <link:label id="lab_us-gaap_OtherCommitmentsLineItems_40DE90C34858D8894AE608148B7D5E93_label_en-US" xlink:label="lab_us-gaap_OtherCommitmentsLineItems_40DE90C34858D8894AE608148B7D5E93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Commitments [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OtherCommitmentsLineItems" xlink:label="loc_us-gaap_OtherCommitmentsLineItems_40DE90C34858D8894AE608148B7D5E93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_40DE90C34858D8894AE608148B7D5E93" xlink:to="lab_us-gaap_OtherCommitmentsLineItems_40DE90C34858D8894AE608148B7D5E93" xlink:type="arc" />
    <link:label id="lab_ocn_AdditionalBorrowingCapacityToBorrowers_E9572C9B1E3312239DBF08148B7D1070_terseLabel_en-US" xlink:label="lab_ocn_AdditionalBorrowingCapacityToBorrowers_E9572C9B1E3312239DBF08148B7D1070" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional borrowing capacity to borrowers</link:label>
    <link:label id="lab_ocn_AdditionalBorrowingCapacityToBorrowers_E9572C9B1E3312239DBF08148B7D1070_label_en-US" xlink:label="lab_ocn_AdditionalBorrowingCapacityToBorrowers_E9572C9B1E3312239DBF08148B7D1070" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Borrowing Capacity To Borrowers</link:label>
    <link:label id="lab_ocn_AdditionalBorrowingCapacityToBorrowers_E9572C9B1E3312239DBF08148B7D1070_documentation_en-US" xlink:label="lab_ocn_AdditionalBorrowingCapacityToBorrowers_E9572C9B1E3312239DBF08148B7D1070" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additional borrowing capacity to borrowers.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AdditionalBorrowingCapacityToBorrowers" xlink:label="loc_ocn_AdditionalBorrowingCapacityToBorrowers_E9572C9B1E3312239DBF08148B7D1070" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdditionalBorrowingCapacityToBorrowers_E9572C9B1E3312239DBF08148B7D1070" xlink:to="lab_ocn_AdditionalBorrowingCapacityToBorrowers_E9572C9B1E3312239DBF08148B7D1070" xlink:type="arc" />
    <link:label id="lab_ocn_ShortTermCommitmentsToLend_F060CE6D512BF18D993508148B7D6808_terseLabel_en-US" xlink:label="lab_ocn_ShortTermCommitmentsToLend_F060CE6D512BF18D993508148B7D6808" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term commitments to lend</link:label>
    <link:label id="lab_ocn_ShortTermCommitmentsToLend_F060CE6D512BF18D993508148B7D6808_label_en-US" xlink:label="lab_ocn_ShortTermCommitmentsToLend_F060CE6D512BF18D993508148B7D6808" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-Term Commitments To Lend</link:label>
    <link:label id="lab_ocn_ShortTermCommitmentsToLend_F060CE6D512BF18D993508148B7D6808_documentation_en-US" xlink:label="lab_ocn_ShortTermCommitmentsToLend_F060CE6D512BF18D993508148B7D6808" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Short-term commitments to lend.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_ShortTermCommitmentsToLend" xlink:label="loc_ocn_ShortTermCommitmentsToLend_F060CE6D512BF18D993508148B7D6808" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ShortTermCommitmentsToLend_F060CE6D512BF18D993508148B7D6808" xlink:to="lab_ocn_ShortTermCommitmentsToLend_F060CE6D512BF18D993508148B7D6808" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_0000B5488CA76158ED5B08148B7D6F3D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_0000B5488CA76158ED5B08148B7D6F3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of businesses, cash</link:label>
    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_0000B5488CA76158ED5B08148B7D6F3D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_0000B5488CA76158ED5B08148B7D6F3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Divestiture of Businesses, Net of Cash Divested</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_0000B5488CA76158ED5B08148B7D6F3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_0000B5488CA76158ED5B08148B7D6F3D" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_0000B5488CA76158ED5B08148B7D6F3D" xlink:type="arc" />
    <link:label id="lab_ocn_AutomaticRenewalTermOfSupportServicesAgreement_FE467AA0DA6D55A2030608890CED4F85_terseLabel_en-US" xlink:label="lab_ocn_AutomaticRenewalTermOfSupportServicesAgreement_FE467AA0DA6D55A2030608890CED4F85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Automatic renewal term of support services agreement</link:label>
    <link:label id="lab_ocn_AutomaticRenewalTermOfSupportServicesAgreement_FE467AA0DA6D55A2030608890CED4F85_label_en-US" xlink:label="lab_ocn_AutomaticRenewalTermOfSupportServicesAgreement_FE467AA0DA6D55A2030608890CED4F85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Automatic Renewal Term Of Support Services Agreement</link:label>
    <link:label id="lab_ocn_AutomaticRenewalTermOfSupportServicesAgreement_FE467AA0DA6D55A2030608890CED4F85_documentation_en-US" xlink:label="lab_ocn_AutomaticRenewalTermOfSupportServicesAgreement_FE467AA0DA6D55A2030608890CED4F85" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Automatic renewal term of support services agreement.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_AutomaticRenewalTermOfSupportServicesAgreement" xlink:label="loc_ocn_AutomaticRenewalTermOfSupportServicesAgreement_FE467AA0DA6D55A2030608890CED4F85" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AutomaticRenewalTermOfSupportServicesAgreement_FE467AA0DA6D55A2030608890CED4F85" xlink:to="lab_ocn_AutomaticRenewalTermOfSupportServicesAgreement_FE467AA0DA6D55A2030608890CED4F85" xlink:type="arc" />
    <link:label id="lab_ocn_TermOfServicingAgreement_7ED2A596DEDE8C85E47308899C5A30F6_terseLabel_en-US" xlink:label="lab_ocn_TermOfServicingAgreement_7ED2A596DEDE8C85E47308899C5A30F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Term of servicing agreement</link:label>
    <link:label id="lab_ocn_TermOfServicingAgreement_7ED2A596DEDE8C85E47308899C5A30F6_label_en-US" xlink:label="lab_ocn_TermOfServicingAgreement_7ED2A596DEDE8C85E47308899C5A30F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Term Of Servicing Agreement</link:label>
    <link:label id="lab_ocn_TermOfServicingAgreement_7ED2A596DEDE8C85E47308899C5A30F6_documentation_en-US" xlink:label="lab_ocn_TermOfServicingAgreement_7ED2A596DEDE8C85E47308899C5A30F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the term of servicing agreement.</link:label>
    <link:loc xlink:href="ocn-20151231.xsd#ocn_TermOfServicingAgreement" xlink:label="loc_ocn_TermOfServicingAgreement_7ED2A596DEDE8C85E47308899C5A30F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TermOfServicingAgreement_7ED2A596DEDE8C85E47308899C5A30F6" xlink:to="lab_ocn_TermOfServicingAgreement_7ED2A596DEDE8C85E47308899C5A30F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeaseAndRentalExpense_9B9D46869700C09C877E08148B7D3146_verboseLabel_en-US" xlink:label="lab_us-gaap_LeaseAndRentalExpense_9B9D46869700C09C877E08148B7D3146" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Operating leases, rent expense</link:label>
    <link:label id="lab_us-gaap_LeaseAndRentalExpense_9B9D46869700C09C877E08148B7D3146_label_en-US" xlink:label="lab_us-gaap_LeaseAndRentalExpense_9B9D46869700C09C877E08148B7D3146" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_LeaseAndRentalExpense" xlink:label="loc_us-gaap_LeaseAndRentalExpense_9B9D46869700C09C877E08148B7D3146" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeaseAndRentalExpense_9B9D46869700C09C877E08148B7D3146" xlink:to="lab_us-gaap_LeaseAndRentalExpense_9B9D46869700C09C877E08148B7D3146" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_8FE21FA03FC1F5A734C4E4ECC5FA872C_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_8FE21FA03FC1F5A734C4E4ECC5FA872C" 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_OperatingLeasesFutureMinimumPaymentsDueCurrent_8FE21FA03FC1F5A734C4E4ECC5FA872C_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_8FE21FA03FC1F5A734C4E4ECC5FA872C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due, Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_8FE21FA03FC1F5A734C4E4ECC5FA872C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_8FE21FA03FC1F5A734C4E4ECC5FA872C" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_8FE21FA03FC1F5A734C4E4ECC5FA872C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_2C990D7899B704847FA6E4ECC5FBA467_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_2C990D7899B704847FA6E4ECC5FBA467" 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_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_2C990D7899B704847FA6E4ECC5FBA467_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_2C990D7899B704847FA6E4ECC5FBA467" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Two Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_2C990D7899B704847FA6E4ECC5FBA467" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_2C990D7899B704847FA6E4ECC5FBA467" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_2C990D7899B704847FA6E4ECC5FBA467" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_D581F4345289E6B2241AE4ECC5FBC81B_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_D581F4345289E6B2241AE4ECC5FBC81B" 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_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_D581F4345289E6B2241AE4ECC5FBC81B_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_D581F4345289E6B2241AE4ECC5FBC81B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Three Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_D581F4345289E6B2241AE4ECC5FBC81B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_D581F4345289E6B2241AE4ECC5FBC81B" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_D581F4345289E6B2241AE4ECC5FBC81B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_B3FC913AEEB05E36F870E4ECC5FBB404_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_B3FC913AEEB05E36F870E4ECC5FBB404" 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_OperatingLeasesFutureMinimumPaymentsDueInFourYears_B3FC913AEEB05E36F870E4ECC5FBB404_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_B3FC913AEEB05E36F870E4ECC5FBB404" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Four Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_B3FC913AEEB05E36F870E4ECC5FBB404" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_B3FC913AEEB05E36F870E4ECC5FBB404" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_B3FC913AEEB05E36F870E4ECC5FBB404" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8F6A702DC29DD8AC3BE8E4ECC5FB3565_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8F6A702DC29DD8AC3BE8E4ECC5FB3565" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8F6A702DC29DD8AC3BE8E4ECC5FB3565_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8F6A702DC29DD8AC3BE8E4ECC5FB3565" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Five Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8F6A702DC29DD8AC3BE8E4ECC5FB3565" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8F6A702DC29DD8AC3BE8E4ECC5FB3565" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8F6A702DC29DD8AC3BE8E4ECC5FB3565" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0168A367E5BD1CCECD09E4ECC5FB09A4_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0168A367E5BD1CCECD09E4ECC5FB09A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0168A367E5BD1CCECD09E4ECC5FB09A4_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0168A367E5BD1CCECD09E4ECC5FB09A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due Thereafter</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0168A367E5BD1CCECD09E4ECC5FB09A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0168A367E5BD1CCECD09E4ECC5FB09A4" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0168A367E5BD1CCECD09E4ECC5FB09A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseMinimumRentals_A71644D0E60320BD999CE4ECC5FB1CA4_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseMinimumRentals_A71644D0E60320BD999CE4ECC5FB1CA4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total minimum lease payments, gross</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseMinimumRentals_A71644D0E60320BD999CE4ECC5FB1CA4_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseMinimumRentals_A71644D0E60320BD999CE4ECC5FB1CA4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense, Minimum Rentals</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesRentExpenseMinimumRentals" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseMinimumRentals_A71644D0E60320BD999CE4ECC5FB1CA4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseMinimumRentals_A71644D0E60320BD999CE4ECC5FB1CA4" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseMinimumRentals_A71644D0E60320BD999CE4ECC5FB1CA4" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_15785D64901921DFC913E4ECC5FB684D_negatedLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_15785D64901921DFC913E4ECC5FB684D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Sublease income</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_15785D64901921DFC913E4ECC5FB684D_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_15785D64901921DFC913E4ECC5FB684D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense, Sublease Rentals</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesRentExpenseSubleaseRentals1" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_15785D64901921DFC913E4ECC5FB684D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_15785D64901921DFC913E4ECC5FB684D" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_15785D64901921DFC913E4ECC5FB684D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_8579F001ABDC4F19EB31E4ECC5FBCCDC_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_8579F001ABDC4F19EB31E4ECC5FBCCDC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total minimum lease payments, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_8579F001ABDC4F19EB31E4ECC5FBCCDC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_8579F001ABDC4F19EB31E4ECC5FBCCDC" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_8579F001ABDC4F19EB31E4ECC5FBCCDC" xlink:type="arc" />
  </link:labelLink>
</link:linkbase>
