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    <link:label id="lab_us-gaap_ProvisionForDoubtfulAccounts_C5D91A232E6AB93BF0F958C628EBE694_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForDoubtfulAccounts_C5D91A232E6AB93BF0F958C628EBE694" 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_C5D91A232E6AB93BF0F958C628EBE694_label_en-US" xlink:label="lab_us-gaap_ProvisionForDoubtfulAccounts_C5D91A232E6AB93BF0F958C628EBE694" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision for Doubtful Accounts</link:label>
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    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_F71AA060E7DE89A38EB858C628EB0C38_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_F71AA060E7DE89A38EB858C628EB0C38" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of loans</link:label>
    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_F71AA060E7DE89A38EB858C628EB0C38_label_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_F71AA060E7DE89A38EB858C628EB0C38" 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>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSalesOfLoansNet_F71AA060E7DE89A38EB858C628EB0C38" xlink:to="lab_us-gaap_GainLossOnSalesOfLoansNet_F71AA060E7DE89A38EB858C628EB0C38" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_405ED26C34F1759EC6FF58C628EB596F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_405ED26C34F1759EC6FF58C628EB596F" 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_405ED26C34F1759EC6FF58C628EB596F_label_en-US" xlink:label="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_405ED26C34F1759EC6FF58C628EB596F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Derivative Instruments, Net, Pretax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_405ED26C34F1759EC6FF58C628EB596F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_405ED26C34F1759EC6FF58C628EB596F" xlink:to="lab_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_405ED26C34F1759EC6FF58C628EB596F" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5E0CFE937C5EE044114D58C628EB9539_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5E0CFE937C5EE044114D58C628EB9539" 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:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5E0CFE937C5EE044114D58C628EB9539_label_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5E0CFE937C5EE044114D58C628EB9539" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_5E0CFE937C5EE044114D58C628EB9539" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_5E0CFE937C5EE044114D58C628EB9539" xlink:to="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5E0CFE937C5EE044114D58C628EB9539" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_EDC7894712A36652ED4058C628EB3F76_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_EDC7894712A36652ED4058C628EB3F76" 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_EDC7894712A36652ED4058C628EB3F76_label_en-US" xlink:label="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_EDC7894712A36652ED4058C628EB3F76" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageServicingRightsMSRImpairmentRecovery" xlink:label="loc_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_EDC7894712A36652ED4058C628EB3F76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_EDC7894712A36652ED4058C628EB3F76" xlink:to="lab_us-gaap_MortgageServicingRightsMSRImpairmentRecovery_EDC7894712A36652ED4058C628EB3F76" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_9008C8FDF8CCABF28CF858C628EBFF6B_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_9008C8FDF8CCABF28CF858C628EBFF6B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Decrease (increase) in deferred tax assets, net</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_9008C8FDF8CCABF28CF858C628EBFF6B_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_9008C8FDF8CCABF28CF858C628EBFF6B" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_9008C8FDF8CCABF28CF858C628EBFF6B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_993A41E51F373CE3DD7858C628EBD84F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_993A41E51F373CE3DD7858C628EBD84F" 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:label id="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_993A41E51F373CE3DD7858C628EBD84F_label_en-US" xlink:label="lab_us-gaap_PaymentsToPurchaseLoansHeldForSale_993A41E51F373CE3DD7858C628EBD84F" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToPurchaseLoansHeldForSale" xlink:label="loc_us-gaap_PaymentsToPurchaseLoansHeldForSale_993A41E51F373CE3DD7858C628EBD84F" xlink:type="locator" />
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    <link:label id="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_9B0217D728BEB6064ADC58C628F5C006_terseLabel_en-US" xlink:label="lab_ocn_ChangesInAssetsAndLiabilitiesAbstract_9B0217D728BEB6064ADC58C628F5C006" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities:</link:label>
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    <link:label id="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_713B31A3545E8C16B5F658C628F5364D_negatedTerseLabel_en-US" xlink:label="lab_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances_713B31A3545E8C16B5F658C628F5364D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Decrease in advances and match funded advances</link:label>
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    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_A666633F06105D20109F58C628F59B43_terseLabel_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_A666633F06105D20109F58C628F59B43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherOperatingActivitiesCashFlowStatement" xlink:label="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_A666633F06105D20109F58C628F59B43" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_D619BCEA35D52BEE10B658C628F5E349_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_D619BCEA35D52BEE10B658C628F5E349" 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_D619BCEA35D52BEE10B658C628F5E349_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_D619BCEA35D52BEE10B658C628F5E349" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_D619BCEA35D52BEE10B658C628F5E349" xlink:type="locator" />
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    <link:label id="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_57BD145DEBEE0FEE83F058C628F59A5A_terseLabel_en-US" xlink:label="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_57BD145DEBEE0FEE83F058C628F59A5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities</link:label>
    <link:label id="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_57BD145DEBEE0FEE83F058C628F59A5A_label_en-US" xlink:label="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_57BD145DEBEE0FEE83F058C628F59A5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities [Abstract]</link:label>
    <link:label id="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_57BD145DEBEE0FEE83F058C628F59A5A_documentation_en-US" xlink:label="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_57BD145DEBEE0FEE83F058C628F59A5A" 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-20140930.xsd#ocn_CashFlowsFromInvestingActivitiesAbstract" xlink:label="loc_ocn_CashFlowsFromInvestingActivitiesAbstract_57BD145DEBEE0FEE83F058C628F59A5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CashFlowsFromInvestingActivitiesAbstract_57BD145DEBEE0FEE83F058C628F59A5A" xlink:to="lab_ocn_CashFlowsFromInvestingActivitiesAbstract_57BD145DEBEE0FEE83F058C628F59A5A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_6AEEF256BAB6E51D5BD458C628F5DF2B_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_6AEEF256BAB6E51D5BD458C628F5DF2B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Cash paid to acquire business</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_6AEEF256BAB6E51D5BD458C628F5DF2B_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_6AEEF256BAB6E51D5BD458C628F5DF2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Net of Cash Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_6AEEF256BAB6E51D5BD458C628F5DF2B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CashAcquiredFromAcquisition_9406F4407ACEAEC485EE58C628F57F99_terseLabel_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_9406F4407ACEAEC485EE58C628F57F99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash acquired in acquisition</link:label>
    <link:label id="lab_us-gaap_CashAcquiredFromAcquisition_9406F4407ACEAEC485EE58C628F57F99_label_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_9406F4407ACEAEC485EE58C628F57F99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Acquired from Acquisition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAcquiredFromAcquisition" xlink:label="loc_us-gaap_CashAcquiredFromAcquisition_9406F4407ACEAEC485EE58C628F57F99" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_18AE0B3F950F39A3C5FB58C628F538C4_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_18AE0B3F950F39A3C5FB58C628F538C4" 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_18AE0B3F950F39A3C5FB58C628F538C4_label_en-US" xlink:label="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_18AE0B3F950F39A3C5FB58C628F538C4" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital" xlink:label="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_18AE0B3F950F39A3C5FB58C628F538C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_18AE0B3F950F39A3C5FB58C628F538C4" xlink:to="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_18AE0B3F950F39A3C5FB58C628F538C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_8013E1DF8483B26A4FBB58C628F56D56_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_8013E1DF8483B26A4FBB58C628F56D56" 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_8013E1DF8483B26A4FBB58C628F56D56_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_8013E1DF8483B26A4FBB58C628F56D56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Mortgage Servicing Rights (MSR)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xlink:label="loc_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_8013E1DF8483B26A4FBB58C628F56D56" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_8013E1DF8483B26A4FBB58C628F56D56" xlink:to="lab_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR_8013E1DF8483B26A4FBB58C628F56D56" xlink:type="arc" />
    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_EE5C466EF1E63966954958C628F548D9_negatedLabel_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_EE5C466EF1E63966954958C628F548D9" 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_EE5C466EF1E63966954958C628F548D9_label_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_EE5C466EF1E63966954958C628F548D9" 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_EE5C466EF1E63966954958C628F548D9_documentation_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights_EE5C466EF1E63966954958C628F548D9" 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>
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    <link:label id="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_C83AF12432D7E4A3A64A58C628F5D57A_negatedTerseLabel_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_C83AF12432D7E4A3A64A58C628F5D57A" 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_C83AF12432D7E4A3A64A58C628F5D57A_label_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_C83AF12432D7E4A3A64A58C628F5D57A" 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_C83AF12432D7E4A3A64A58C628F5D57A_documentation_en-US" xlink:label="lab_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_C83AF12432D7E4A3A64A58C628F5D57A" 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-20140930.xsd#ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans" xlink:label="loc_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfLoans_C83AF12432D7E4A3A64A58C628F5D57A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_B2B6A21C6587894E5B3358C628F5AD99_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_B2B6A21C6587894E5B3358C628F5AD99" 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_B2B6A21C6587894E5B3358C628F5AD99_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_B2B6A21C6587894E5B3358C628F5AD99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Short-term Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfShortTermInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleOfShortTermInvestments_B2B6A21C6587894E5B3358C628F5AD99" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_CD1EAC8C60F43AAE198058C628F57AD9_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_CD1EAC8C60F43AAE198058C628F57AD9" 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_CD1EAC8C60F43AAE198058C628F57AD9_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_CD1EAC8C60F43AAE198058C628F57AD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Divestiture of Businesses and Interests in Affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_CD1EAC8C60F43AAE198058C628F57AD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_CD1EAC8C60F43AAE198058C628F57AD9" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_CD1EAC8C60F43AAE198058C628F57AD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_9322A5066A2B6A2BAC2458C628F5689E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_9322A5066A2B6A2BAC2458C628F5689E" 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_9322A5066A2B6A2BAC2458C628F5689E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_9322A5066A2B6A2BAC2458C628F5689E" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR" xlink:label="loc_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_9322A5066A2B6A2BAC2458C628F5689E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_9322A5066A2B6A2BAC2458C628F5689E" xlink:to="lab_us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR_9322A5066A2B6A2BAC2458C628F5689E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_432E954899246B6A99A058C628F5E1D3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_432E954899246B6A99A058C628F5E1D3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Origination of loans held for investment &#8211; reverse mortgages</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireLoansHeldForInvestment" xlink:label="loc_us-gaap_PaymentsToAcquireLoansHeldForInvestment_432E954899246B6A99A058C628F5E1D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireLoansHeldForInvestment_432E954899246B6A99A058C628F5E1D3" xlink:to="lab_us-gaap_PaymentsToAcquireLoansHeldForInvestment_432E954899246B6A99A058C628F5E1D3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_43C24AF732855DA03BFF58C628F55723_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_43C24AF732855DA03BFF58C628F55723" 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_43C24AF732855DA03BFF58C628F55723_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_43C24AF732855DA03BFF58C628F55723" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Principal Repayments on Loans and Leases Held-for-investment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment" xlink:label="loc_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_43C24AF732855DA03BFF58C628F55723" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_43C24AF732855DA03BFF58C628F55723" xlink:to="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_43C24AF732855DA03BFF58C628F55723" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_FE98A790A848D9D1CFE558C628F5DE59_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_FE98A790A848D9D1CFE558C628F5DE59" 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_FE98A790A848D9D1CFE558C628F5DE59_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_FE98A790A848D9D1CFE558C628F5DE59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_FE98A790A848D9D1CFE558C628F5DE59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_FE98A790A848D9D1CFE558C628F5DE59" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_FE98A790A848D9D1CFE558C628F5DE59" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_470C6BB6E1A8E497145658C628F570A1_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_470C6BB6E1A8E497145658C628F570A1" 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_470C6BB6E1A8E497145658C628F570A1_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_470C6BB6E1A8E497145658C628F570A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for (Proceeds from) Other Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_470C6BB6E1A8E497145658C628F570A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_470C6BB6E1A8E497145658C628F570A1" xlink:to="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_470C6BB6E1A8E497145658C628F570A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_136663ADC693996D1BEF58C628F59CBF_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_136663ADC693996D1BEF58C628F59CBF" 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_136663ADC693996D1BEF58C628F59CBF_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_136663ADC693996D1BEF58C628F59CBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_136663ADC693996D1BEF58C628F59CBF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_136663ADC693996D1BEF58C628F59CBF" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_136663ADC693996D1BEF58C628F59CBF" xlink:type="arc" />
    <link:label id="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_898878B8BCF58BBD455558C628F5ED67_terseLabel_en-US" xlink:label="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_898878B8BCF58BBD455558C628F5ED67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities</link:label>
    <link:label id="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_898878B8BCF58BBD455558C628F5ED67_label_en-US" xlink:label="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_898878B8BCF58BBD455558C628F5ED67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities [Abstract]</link:label>
    <link:label id="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_898878B8BCF58BBD455558C628F5ED67_documentation_en-US" xlink:label="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_898878B8BCF58BBD455558C628F5ED67" 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-20140930.xsd#ocn_CashFlowsFromFinancingActivitiesAbstract" xlink:label="loc_ocn_CashFlowsFromFinancingActivitiesAbstract_898878B8BCF58BBD455558C628F5ED67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CashFlowsFromFinancingActivitiesAbstract_898878B8BCF58BBD455558C628F5ED67" xlink:to="lab_ocn_CashFlowsFromFinancingActivitiesAbstract_898878B8BCF58BBD455558C628F5ED67" xlink:type="arc" />
    <link:label id="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_CEF32CB075EF7DDB0AB658C628F5EC14_negatedLabel_en-US" xlink:label="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_CEF32CB075EF7DDB0AB658C628F5EC14" 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_CEF32CB075EF7DDB0AB658C628F5EC14_label_en-US" xlink:label="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_CEF32CB075EF7DDB0AB658C628F5EC14" 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_CEF32CB075EF7DDB0AB658C628F5EC14_documentation_en-US" xlink:label="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_CEF32CB075EF7DDB0AB658C628F5EC14" 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-20140930.xsd#ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities" xlink:label="loc_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_CEF32CB075EF7DDB0AB658C628F5EC14" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_CEF32CB075EF7DDB0AB658C628F5EC14" xlink:to="lab_ocn_RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities_CEF32CB075EF7DDB0AB658C628F5EC14" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_E425331AD6AFC4C5708958C628F52BD9_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_E425331AD6AFC4C5708958C628F52BD9" 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_E425331AD6AFC4C5708958C628F52BD9_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_E425331AD6AFC4C5708958C628F52BD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Lines of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromLinesOfCredit_E425331AD6AFC4C5708958C628F52BD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromLinesOfCredit_E425331AD6AFC4C5708958C628F52BD9" xlink:to="lab_us-gaap_ProceedsFromLinesOfCredit_E425331AD6AFC4C5708958C628F52BD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfLinesOfCredit_B6246A4FC85C0F97BFCB58C628F53EEE_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLinesOfCredit_B6246A4FC85C0F97BFCB58C628F53EEE" 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_B6246A4FC85C0F97BFCB58C628F53EEE_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLinesOfCredit_B6246A4FC85C0F97BFCB58C628F53EEE" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="loc_us-gaap_RepaymentsOfLinesOfCredit_B6246A4FC85C0F97BFCB58C628F53EEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLinesOfCredit_B6246A4FC85C0F97BFCB58C628F53EEE" xlink:to="lab_us-gaap_RepaymentsOfLinesOfCredit_B6246A4FC85C0F97BFCB58C628F53EEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_F01EC921FEB95BF6173B58C628F589F6_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_F01EC921FEB95BF6173B58C628F589F6" 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_F01EC921FEB95BF6173B58C628F589F6_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_F01EC921FEB95BF6173B58C628F589F6" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfUnsecuredDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_F01EC921FEB95BF6173B58C628F589F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_F01EC921FEB95BF6173B58C628F589F6" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_F01EC921FEB95BF6173B58C628F589F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_10B3900C284B2556B24E58C628F5679D_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_10B3900C284B2556B24E58C628F5679D" 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_10B3900C284B2556B24E58C628F5679D_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_10B3900C284B2556B24E58C628F5679D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Debt Issuance Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="loc_us-gaap_PaymentsOfDebtIssuanceCosts_10B3900C284B2556B24E58C628F5679D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDebtIssuanceCosts_10B3900C284B2556B24E58C628F5679D" xlink:to="lab_us-gaap_PaymentsOfDebtIssuanceCosts_10B3900C284B2556B24E58C628F5679D" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_70D5B177FBC0162AB33C58C628F551E5_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_70D5B177FBC0162AB33C58C628F551E5" 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_70D5B177FBC0162AB33C58C628F551E5_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_70D5B177FBC0162AB33C58C628F551E5" 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_70D5B177FBC0162AB33C58C628F551E5_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_70D5B177FBC0162AB33C58C628F551E5" 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-20140930.xsd#ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" xlink:label="loc_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_70D5B177FBC0162AB33C58C628F551E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_70D5B177FBC0162AB33C58C628F551E5" xlink:to="lab_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing_70D5B177FBC0162AB33C58C628F551E5" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_877C5F421D2B3DD2F62058C628F5F83B_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_877C5F421D2B3DD2F62058C628F5F83B" 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_877C5F421D2B3DD2F62058C628F5F83B_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_877C5F421D2B3DD2F62058C628F5F83B" 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_877C5F421D2B3DD2F62058C628F5F83B_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_877C5F421D2B3DD2F62058C628F5F83B" 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-20140930.xsd#ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing" xlink:label="loc_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_877C5F421D2B3DD2F62058C628F5F83B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_877C5F421D2B3DD2F62058C628F5F83B" xlink:to="lab_ocn_ProceedsFromSaleOfLoansAccountedForAsFinancing_877C5F421D2B3DD2F62058C628F5F83B" xlink:type="arc" />
    <link:label id="lab_ocn_ProceedsFromSaleofAdvances_81CC8E9F54E8FB5245D358C628F54421_terseLabel_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_81CC8E9F54E8FB5245D358C628F54421" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of advances accounted for as a financing</link:label>
    <link:label id="lab_ocn_ProceedsFromSaleofAdvances_81CC8E9F54E8FB5245D358C628F54421_label_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_81CC8E9F54E8FB5245D358C628F54421" 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_81CC8E9F54E8FB5245D358C628F54421_documentation_en-US" xlink:label="lab_ocn_ProceedsFromSaleofAdvances_81CC8E9F54E8FB5245D358C628F54421" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds From Sale of Advances</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_ProceedsFromSaleofAdvances" xlink:label="loc_ocn_ProceedsFromSaleofAdvances_81CC8E9F54E8FB5245D358C628F54421" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_9A1B8282E3DA40527A2858C628F5020F_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_9A1B8282E3DA40527A2858C628F5020F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payment of preferred stock dividends</link:label>
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    <link:label id="lab_us-gaap_RepaymentsOfOtherDebt_E4E376BF90B2A0358C0158C628F58048_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherDebt_E4E376BF90B2A0358C0158C628F58048" 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_E4E376BF90B2A0358C0158C628F58048_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherDebt_E4E376BF90B2A0358C0158C628F58048" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Other Debt</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_3093F9162A412574026C58C628F599E3_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_3093F9162A412574026C58C628F599E3" 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_3093F9162A412574026C58C628F599E3_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_3093F9162A412574026C58C628F599E3" 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>
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    <link:label id="lab_us-gaap_Cash_6F0AF1AAD322062520AF58C628F59E81_periodEndLabel_en-US" xlink:label="lab_us-gaap_Cash_6F0AF1AAD322062520AF58C628F59E81" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash at end of period</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Cash_6F0AF1AAD322062520AF58C628F59E81" xlink:to="lab_us-gaap_Cash_6F0AF1AAD322062520AF58C628F59E81" xlink:type="arc" />
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    <link:label id="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_295122DB8BCE44AE965558C628F5A0FB_terseLabel_en-US" xlink:label="lab_ocn_SupplementalBusinessAcquisitionInformationAbstract_295122DB8BCE44AE965558C628F5A0FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental business acquisition information - ResCap</link:label>
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    <link:loc xlink:href="ocn-20140930.xsd#ocn_SupplementalBusinessAcquisitionInformationAbstract" xlink:label="loc_ocn_SupplementalBusinessAcquisitionInformationAbstract_295122DB8BCE44AE965558C628F5A0FB" xlink:type="locator" />
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    <link:label id="lab_ocn_FairValueOfAssetsAcquiredAbstract_1285BEC49FBB9D1471C858C628F5FAD0_terseLabel_en-US" xlink:label="lab_ocn_FairValueOfAssetsAcquiredAbstract_1285BEC49FBB9D1471C858C628F5FAD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of assets acquired</link:label>
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    <link:loc xlink:href="ocn-20140930.xsd#ocn_FairValueOfAssetsAcquiredAbstract" xlink:label="loc_ocn_FairValueOfAssetsAcquiredAbstract_1285BEC49FBB9D1471C858C628F5FAD0" xlink:type="locator" />
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    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_3F04AAE0C3365C039A9558C628F5AD23_negatedTerseLabel_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquired_3F04AAE0C3365C039A9558C628F5AD23" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
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    <link:label id="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_756D62EEB12EA616CC5658C628F5E197_negatedTerseLabel_en-US" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquired_756D62EEB12EA616CC5658C628F5E197" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights</link:label>
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_66CBF9B19D9BEB25573158C628F5210B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_66CBF9B19D9BEB25573158C628F5210B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Premises and equipment</link:label>
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    <link:label id="lab_ocn_DerivativeNotionalBalanceRollForward_31B6C469E5667FEA13DD10753D967EE2_documentation_en-US" xlink:label="lab_ocn_DerivativeNotionalBalanceRollForward_31B6C469E5667FEA13DD10753D967EE2" 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-20140930.xsd#ocn_DerivativeNotionalBalanceRollForward" xlink:label="loc_ocn_DerivativeNotionalBalanceRollForward_31B6C469E5667FEA13DD10753D967EE2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeNotionalBalanceRollForward_31B6C469E5667FEA13DD10753D967EE2" xlink:to="lab_ocn_DerivativeNotionalBalanceRollForward_31B6C469E5667FEA13DD10753D967EE2" xlink:type="arc" />
    <link:label id="lab_invest_DerivativeNotionalAmount_62C44408EE87CB1E24C810753D963B12_periodStartLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_62C44408EE87CB1E24C810753D963B12" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning notional balance</link:label>
    <link:label id="lab_invest_DerivativeNotionalAmount_62C44408EE87CB1E24C810753D963B12_label_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_62C44408EE87CB1E24C810753D963B12" 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_62C44408EE87CB1E24C810753D963B12" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_62C44408EE87CB1E24C810753D963B12" xlink:to="lab_invest_DerivativeNotionalAmount_62C44408EE87CB1E24C810753D963B12" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeAdditions_58F87DA4B1F1E47F8B7A10753D9686B6_terseLabel_en-US" xlink:label="lab_ocn_DerivativeAdditions_58F87DA4B1F1E47F8B7A10753D9686B6" 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_58F87DA4B1F1E47F8B7A10753D9686B6_label_en-US" xlink:label="lab_ocn_DerivativeAdditions_58F87DA4B1F1E47F8B7A10753D9686B6" 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_58F87DA4B1F1E47F8B7A10753D9686B6_documentation_en-US" xlink:label="lab_ocn_DerivativeAdditions_58F87DA4B1F1E47F8B7A10753D9686B6" 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-20140930.xsd#ocn_DerivativeAdditions" xlink:label="loc_ocn_DerivativeAdditions_58F87DA4B1F1E47F8B7A10753D9686B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeAdditions_58F87DA4B1F1E47F8B7A10753D9686B6" xlink:to="lab_ocn_DerivativeAdditions_58F87DA4B1F1E47F8B7A10753D9686B6" xlink:type="arc" />
    <link:label id="lab_ocn_AmortizationOfDerivative_69445D7A409D4E67997910753D96FC08_negatedTerseLabel_en-US" xlink:label="lab_ocn_AmortizationOfDerivative_69445D7A409D4E67997910753D96FC08" 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_69445D7A409D4E67997910753D96FC08_label_en-US" xlink:label="lab_ocn_AmortizationOfDerivative_69445D7A409D4E67997910753D96FC08" 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_69445D7A409D4E67997910753D96FC08_documentation_en-US" xlink:label="lab_ocn_AmortizationOfDerivative_69445D7A409D4E67997910753D96FC08" 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-20140930.xsd#ocn_AmortizationOfDerivative" xlink:label="loc_ocn_AmortizationOfDerivative_69445D7A409D4E67997910753D96FC08" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AmortizationOfDerivative_69445D7A409D4E67997910753D96FC08" xlink:to="lab_ocn_AmortizationOfDerivative_69445D7A409D4E67997910753D96FC08" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeMaturities_6ED96ABD28CA922E273C10753D9753A5_negatedTerseLabel_en-US" xlink:label="lab_ocn_DerivativeMaturities_6ED96ABD28CA922E273C10753D9753A5" 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_6ED96ABD28CA922E273C10753D9753A5_label_en-US" xlink:label="lab_ocn_DerivativeMaturities_6ED96ABD28CA922E273C10753D9753A5" 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_6ED96ABD28CA922E273C10753D9753A5_documentation_en-US" xlink:label="lab_ocn_DerivativeMaturities_6ED96ABD28CA922E273C10753D9753A5" 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-20140930.xsd#ocn_DerivativeMaturities" xlink:label="loc_ocn_DerivativeMaturities_6ED96ABD28CA922E273C10753D9753A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeMaturities_6ED96ABD28CA922E273C10753D9753A5" xlink:to="lab_ocn_DerivativeMaturities_6ED96ABD28CA922E273C10753D9753A5" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeTerminations_7E20952075FABF22457A10753D97F2EB_negatedTerseLabel_en-US" xlink:label="lab_ocn_DerivativeTerminations_7E20952075FABF22457A10753D97F2EB" 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_7E20952075FABF22457A10753D97F2EB_label_en-US" xlink:label="lab_ocn_DerivativeTerminations_7E20952075FABF22457A10753D97F2EB" 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_7E20952075FABF22457A10753D97F2EB_documentation_en-US" xlink:label="lab_ocn_DerivativeTerminations_7E20952075FABF22457A10753D97F2EB" 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-20140930.xsd#ocn_DerivativeTerminations" xlink:label="loc_ocn_DerivativeTerminations_7E20952075FABF22457A10753D97F2EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeTerminations_7E20952075FABF22457A10753D97F2EB" xlink:to="lab_ocn_DerivativeTerminations_7E20952075FABF22457A10753D97F2EB" xlink:type="arc" />
    <link:label id="lab_invest_DerivativeNotionalAmount_9E85E41EE01829A7EAAF10753D9796D3_periodEndLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_9E85E41EE01829A7EAAF10753D9796D3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending notional 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_9E85E41EE01829A7EAAF10753D9796D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_9E85E41EE01829A7EAAF10753D9796D3" xlink:to="lab_invest_DerivativeNotionalAmount_9E85E41EE01829A7EAAF10753D9796D3" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_736B261971F5CDFDB2AA10753D97945E_terseLabel_en-US" xlink:label="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_736B261971F5CDFDB2AA10753D97945E" 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_736B261971F5CDFDB2AA10753D97945E_label_en-US" xlink:label="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_736B261971F5CDFDB2AA10753D97945E" 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_736B261971F5CDFDB2AA10753D97945E_documentation_en-US" xlink:label="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_736B261971F5CDFDB2AA10753D97945E" 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-20140930.xsd#ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract" xlink:label="loc_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_736B261971F5CDFDB2AA10753D97945E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_736B261971F5CDFDB2AA10753D97945E" xlink:to="lab_ocn_FairValueOfDerivativeAssetsLiabilitiesAtAbstract_736B261971F5CDFDB2AA10753D97945E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeNet_0C3CA3B529027544CAEB10753D9768DE_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeNet_0C3CA3B529027544CAEB10753D9768DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives, at fair value</link:label>
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeNet_0C3CA3B529027544CAEB10753D9768DE_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeNet_0C3CA3B529027544CAEB10753D9768DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Fair Value, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeNet" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeNet_0C3CA3B529027544CAEB10753D9768DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeNet_0C3CA3B529027544CAEB10753D9768DE" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeNet_0C3CA3B529027544CAEB10753D9768DE" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeMaturityPeriod_3456260FD327AF8FDD3C10753D971BAD_terseLabel_en-US" xlink:label="lab_ocn_DerivativeMaturityPeriod_3456260FD327AF8FDD3C10753D971BAD" 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_3456260FD327AF8FDD3C10753D971BAD_label_en-US" xlink:label="lab_ocn_DerivativeMaturityPeriod_3456260FD327AF8FDD3C10753D971BAD" 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_3456260FD327AF8FDD3C10753D971BAD_documentation_en-US" xlink:label="lab_ocn_DerivativeMaturityPeriod_3456260FD327AF8FDD3C10753D971BAD" 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-20140930.xsd#ocn_DerivativeMaturityPeriod" xlink:label="loc_ocn_DerivativeMaturityPeriod_3456260FD327AF8FDD3C10753D971BAD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeMaturityPeriod_3456260FD327AF8FDD3C10753D971BAD" xlink:to="lab_ocn_DerivativeMaturityPeriod_3456260FD327AF8FDD3C10753D971BAD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAssetsAtAmortizedValueTable_9B42A3CDC54C8B51532B53BE57A5B42B_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtAmortizedValueTable_9B42A3CDC54C8B51532B53BE57A5B42B" 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_9B42A3CDC54C8B51532B53BE57A5B42B_label_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtAmortizedValueTable_9B42A3CDC54C8B51532B53BE57A5B42B" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingAssetsAtAmortizedValueTable" xlink:label="loc_us-gaap_ServicingAssetsAtAmortizedValueTable_9B42A3CDC54C8B51532B53BE57A5B42B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetsAtAmortizedValueTable_9B42A3CDC54C8B51532B53BE57A5B42B" xlink:to="lab_us-gaap_ServicingAssetsAtAmortizedValueTable_9B42A3CDC54C8B51532B53BE57A5B42B" xlink:type="arc" />
    <link:label id="lab_dei_LegalEntityAxis_15230490919FF68B7BAD53BE57AF43CA_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis_15230490919FF68B7BAD53BE57AF43CA" 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_15230490919FF68B7BAD53BE57AF43CA_label_en-US" xlink:label="lab_dei_LegalEntityAxis_15230490919FF68B7BAD53BE57AF43CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_15230490919FF68B7BAD53BE57AF43CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis_15230490919FF68B7BAD53BE57AF43CA" xlink:to="lab_dei_LegalEntityAxis_15230490919FF68B7BAD53BE57AF43CA" xlink:type="arc" />
    <link:label id="lab_dei_EntityDomain_B32E3E7590EEB557D3B353BE57AFC47D_terseLabel_en-US" xlink:label="lab_dei_EntityDomain_B32E3E7590EEB557D3B353BE57AFC47D" 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_B32E3E7590EEB557D3B353BE57AFC47D_label_en-US" xlink:label="lab_dei_EntityDomain_B32E3E7590EEB557D3B353BE57AFC47D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_B32E3E7590EEB557D3B353BE57AFC47D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain_B32E3E7590EEB557D3B353BE57AFC47D" xlink:to="lab_dei_EntityDomain_B32E3E7590EEB557D3B353BE57AFC47D" xlink:type="arc" />
    <link:label id="lab_ocn_HLSSMember_819196D2DCD19651908D53BE57AF800C_terseLabel_en-US" xlink:label="lab_ocn_HLSSMember_819196D2DCD19651908D53BE57AF800C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HLSS [Member]</link:label>
    <link:label id="lab_ocn_HLSSMember_819196D2DCD19651908D53BE57AF800C_label_en-US" xlink:label="lab_ocn_HLSSMember_819196D2DCD19651908D53BE57AF800C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HLSS [Member]</link:label>
    <link:label id="lab_ocn_HLSSMember_819196D2DCD19651908D53BE57AF800C_documentation_en-US" xlink:label="lab_ocn_HLSSMember_819196D2DCD19651908D53BE57AF800C" 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-20140930.xsd#ocn_HLSSMember" xlink:label="loc_ocn_HLSSMember_819196D2DCD19651908D53BE57AF800C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HLSSMember_819196D2DCD19651908D53BE57AF800C" xlink:to="lab_ocn_HLSSMember_819196D2DCD19651908D53BE57AF800C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentAxis_6CB9A3D9390F74302E9B53BE57AFB682_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_6CB9A3D9390F74302E9B53BE57AFB682" 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_6CB9A3D9390F74302E9B53BE57AFB682_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_6CB9A3D9390F74302E9B53BE57AFB682" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_6CB9A3D9390F74302E9B53BE57AFB682" xlink:type="locator" />
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    <link:label id="lab_ocn_OASISSeries20141Member_23C849D017D37B3A8D3F53BE57AFA091_terseLabel_en-US" xlink:label="lab_ocn_OASISSeries20141Member_23C849D017D37B3A8D3F53BE57AFA091" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OASIS Series 2014-1 [Member]</link:label>
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    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_F58488C7AC28CF9032DF53BE57AFFDE7_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_F58488C7AC28CF9032DF53BE57AFFDE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
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    <link:label id="lab_us-gaap_SecuredDebtMember_DC608B9A92E36546BAB553BE57AF5203_terseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebtMember_DC608B9A92E36546BAB553BE57AF5203" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Secured Borrowings [Member]</link:label>
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    <link:label id="lab_ocn_OneWestMSRTransactionMember_AAC0FB579EB31DF9E10353BE57AF9641_terseLabel_en-US" xlink:label="lab_ocn_OneWestMSRTransactionMember_AAC0FB579EB31DF9E10353BE57AF9641" 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_AAC0FB579EB31DF9E10353BE57AF9641_label_en-US" xlink:label="lab_ocn_OneWestMSRTransactionMember_AAC0FB579EB31DF9E10353BE57AF9641" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">OneWest MSR Transaction [Member]</link:label>
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    <link:loc xlink:href="ocn-20140930.xsd#ocn_OneWestMSRTransactionMember" xlink:label="loc_ocn_OneWestMSRTransactionMember_AAC0FB579EB31DF9E10353BE57AF9641" xlink:type="locator" />
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    <link:label id="lab_ocn_GreenpointMSRTransactionMember_850052F489992E1896F853BE57AF17FB_label_en-US" xlink:label="lab_ocn_GreenpointMSRTransactionMember_850052F489992E1896F853BE57AF17FB" 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_850052F489992E1896F853BE57AF17FB_documentation_en-US" xlink:label="lab_ocn_GreenpointMSRTransactionMember_850052F489992E1896F853BE57AF17FB" 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-20140930.xsd#ocn_GreenpointMSRTransactionMember" xlink:label="loc_ocn_GreenpointMSRTransactionMember_850052F489992E1896F853BE57AF17FB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FinancialInstrumentAxis_FF1B08939912F77E304853BE57AFEF8A_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_FF1B08939912F77E304853BE57AFEF8A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instrument [Axis]</link:label>
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    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_FCF6EAD370C956CC400E53BE57AFBBF2_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_FCF6EAD370C956CC400E53BE57AFBBF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_FCF6EAD370C956CC400E53BE57AFBBF2" xlink:type="locator" />
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    <link:label id="lab_ocn_MortgageServicingRightsMember_66B08C45A048762B7CDD53BE57AF02FC_terseLabel_en-US" xlink:label="lab_ocn_MortgageServicingRightsMember_66B08C45A048762B7CDD53BE57AF02FC" 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_66B08C45A048762B7CDD53BE57AF02FC_label_en-US" xlink:label="lab_ocn_MortgageServicingRightsMember_66B08C45A048762B7CDD53BE57AF02FC" 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_66B08C45A048762B7CDD53BE57AF02FC_documentation_en-US" xlink:label="lab_ocn_MortgageServicingRightsMember_66B08C45A048762B7CDD53BE57AF02FC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents a contractual agreement where the right, or rights, to service an existing mortgage are sold by the original lender to another party who specializes in the various functions of servicing mortgages.</link:label>
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    <link:label id="lab_ocn_AssetAcquisitionLoansUnpaidPrincipalBalance_9E8F2F66AA13BABD19A153BE57AFF01D_terseLabel_en-US" xlink:label="lab_ocn_AssetAcquisitionLoansUnpaidPrincipalBalance_9E8F2F66AA13BABD19A153BE57AFF01D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset acquisition loans unpaid principal balance</link:label>
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    <link:label id="lab_ocn_AssetAcquisitionLoansUnpaidPrincipalBalance_9E8F2F66AA13BABD19A153BE57AFF01D_documentation_en-US" xlink:label="lab_ocn_AssetAcquisitionLoansUnpaidPrincipalBalance_9E8F2F66AA13BABD19A153BE57AFF01D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the unpaid principal balance of loans related to servicing acquired in connection with the acquisition of servicing assets.</link:label>
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    <link:label id="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_D00B3F5B3030CF01DD4B53BE57AF13A9_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset_D00B3F5B3030CF01DD4B53BE57AF13A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Float balances</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_A68916119145D9A7756158C6282DECD1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GainLossOnSaleOfMortgageLoans_128F341D49202F08E06758C6282DA664_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfMortgageLoans_128F341D49202F08E06758C6282DA664" 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_128F341D49202F08E06758C6282DA664_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfMortgageLoans_128F341D49202F08E06758C6282DA664" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnSaleOfMortgageLoans" xlink:label="loc_us-gaap_GainLossOnSaleOfMortgageLoans_128F341D49202F08E06758C6282DA664" xlink:type="locator" />
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    <link:label id="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_6086AF4DE0C6977BE01D58C6282DCDC9_terseLabel_en-US" xlink:label="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_6086AF4DE0C6977BE01D58C6282DCDC9" 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_6086AF4DE0C6977BE01D58C6282DCDC9_label_en-US" xlink:label="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_6086AF4DE0C6977BE01D58C6282DCDC9" 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_6086AF4DE0C6977BE01D58C6282DCDC9_documentation_en-US" xlink:label="lab_ocn_OtherAdjustmentMortgageLoansHeldForSale_6086AF4DE0C6977BE01D58C6282DCDC9" 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-20140930.xsd#ocn_OtherAdjustmentMortgageLoansHeldForSale" xlink:label="loc_ocn_OtherAdjustmentMortgageLoansHeldForSale_6086AF4DE0C6977BE01D58C6282DCDC9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_3653DC6696C68BF9399258C6282D3891_periodEndLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_3653DC6696C68BF9399258C6282D3891" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_3653DC6696C68BF9399258C6282D3891" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_3653DC6696C68BF9399258C6282D3891" xlink:to="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_3653DC6696C68BF9399258C6282D3891" xlink:type="arc" />
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_59CDC4E3CD7C7D435E655274C9526D51_terseLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_59CDC4E3CD7C7D435E655274C9526D51" 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_59CDC4E3CD7C7D435E655274C9526D51_label_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_59CDC4E3CD7C7D435E655274C9526D51" 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_59CDC4E3CD7C7D435E655274C9526D51_documentation_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_59CDC4E3CD7C7D435E655274C9526D51" 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-20140930.xsd#ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock" xlink:label="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_59CDC4E3CD7C7D435E655274C9526D51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_59CDC4E3CD7C7D435E655274C9526D51" xlink:to="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAdvancesTextBlock_59CDC4E3CD7C7D435E655274C9526D51" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_BDC83EBCE6268C82A21D576C957F3E7A_terseLabel_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_BDC83EBCE6268C82A21D576C957F3E7A" 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_BDC83EBCE6268C82A21D576C957F3E7A_label_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_BDC83EBCE6268C82A21D576C957F3E7A" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaap_StatementBusinessSegmentsAxis_BDC83EBCE6268C82A21D576C957F3E7A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementBusinessSegmentsAxis_BDC83EBCE6268C82A21D576C957F3E7A" xlink:to="lab_us-gaap_StatementBusinessSegmentsAxis_BDC83EBCE6268C82A21D576C957F3E7A" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentDomain_25EBA0D99C5AB8786A86576C957F4E38_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentDomain_25EBA0D99C5AB8786A86576C957F4E38" 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_25EBA0D99C5AB8786A86576C957F4E38_label_en-US" xlink:label="lab_us-gaap_SegmentDomain_25EBA0D99C5AB8786A86576C957F4E38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_25EBA0D99C5AB8786A86576C957F4E38" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentDomain_25EBA0D99C5AB8786A86576C957F4E38" xlink:to="lab_us-gaap_SegmentDomain_25EBA0D99C5AB8786A86576C957F4E38" xlink:type="arc" />
    <link:label id="lab_ocn_ServicingMember_7786C33901F7C532F3D4576C957FD21F_terseLabel_en-US" xlink:label="lab_ocn_ServicingMember_7786C33901F7C532F3D4576C957FD21F" 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_7786C33901F7C532F3D4576C957FD21F_label_en-US" xlink:label="lab_ocn_ServicingMember_7786C33901F7C532F3D4576C957FD21F" 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_7786C33901F7C532F3D4576C957FD21F_documentation_en-US" xlink:label="lab_ocn_ServicingMember_7786C33901F7C532F3D4576C957FD21F" 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-20140930.xsd#ocn_ServicingMember" xlink:label="loc_ocn_ServicingMember_7786C33901F7C532F3D4576C957FD21F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingMember_7786C33901F7C532F3D4576C957FD21F" xlink:to="lab_ocn_ServicingMember_7786C33901F7C532F3D4576C957FD21F" xlink:type="arc" />
    <link:label id="lab_ocn_LendingMember_B012B5C76E87D4507EA5576C957F7C47_terseLabel_en-US" xlink:label="lab_ocn_LendingMember_B012B5C76E87D4507EA5576C957F7C47" 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_B012B5C76E87D4507EA5576C957F7C47_label_en-US" xlink:label="lab_ocn_LendingMember_B012B5C76E87D4507EA5576C957F7C47" 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_B012B5C76E87D4507EA5576C957F7C47_documentation_en-US" xlink:label="lab_ocn_LendingMember_B012B5C76E87D4507EA5576C957F7C47" 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-20140930.xsd#ocn_LendingMember" xlink:label="loc_ocn_LendingMember_B012B5C76E87D4507EA5576C957F7C47" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LendingMember_B012B5C76E87D4507EA5576C957F7C47" xlink:to="lab_ocn_LendingMember_B012B5C76E87D4507EA5576C957F7C47" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateAndOtherMember_968D431D782D09BD36BC576C957FB3E4_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateAndOtherMember_968D431D782D09BD36BC576C957FB3E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate and Other [Member]</link:label>
    <link:label id="lab_us-gaap_CorporateAndOtherMember_968D431D782D09BD36BC576C957FB3E4_label_en-US" xlink:label="lab_us-gaap_CorporateAndOtherMember_968D431D782D09BD36BC576C957FB3E4" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateAndOtherMember" xlink:label="loc_us-gaap_CorporateAndOtherMember_968D431D782D09BD36BC576C957FB3E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateAndOtherMember_968D431D782D09BD36BC576C957FB3E4" xlink:to="lab_us-gaap_CorporateAndOtherMember_968D431D782D09BD36BC576C957FB3E4" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_E4BD8D36872574047A6D576C957FCB68_verboseLabel_en-US" xlink:label="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_E4BD8D36872574047A6D576C957FCB68" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">OSI [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_OcwenStructuredInvestmentsLLCOSIMember" xlink:label="loc_ocn_OcwenStructuredInvestmentsLLCOSIMember_E4BD8D36872574047A6D576C957FCB68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenStructuredInvestmentsLLCOSIMember_E4BD8D36872574047A6D576C957FCB68" xlink:to="lab_ocn_OcwenStructuredInvestmentsLLCOSIMember_E4BD8D36872574047A6D576C957FCB68" xlink:type="arc" />
    <link:label id="lab_ocn_SubserviceMortgageServicingRightsMember_42FA118C40F88417DF48576C957F1CF5_terseLabel_en-US" xlink:label="lab_ocn_SubserviceMortgageServicingRightsMember_42FA118C40F88417DF48576C957F1CF5" 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_42FA118C40F88417DF48576C957F1CF5_label_en-US" xlink:label="lab_ocn_SubserviceMortgageServicingRightsMember_42FA118C40F88417DF48576C957F1CF5" 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_42FA118C40F88417DF48576C957F1CF5_documentation_en-US" xlink:label="lab_ocn_SubserviceMortgageServicingRightsMember_42FA118C40F88417DF48576C957F1CF5" 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-20140930.xsd#ocn_SubserviceMortgageServicingRightsMember" xlink:label="loc_ocn_SubserviceMortgageServicingRightsMember_42FA118C40F88417DF48576C957F1CF5" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InvestmentTypeAxis_9BA2A692DAFB53AE803A576C957F459D_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_9BA2A692DAFB53AE803A576C957F459D" 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_9BA2A692DAFB53AE803A576C957F459D_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_9BA2A692DAFB53AE803A576C957F459D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_9BA2A692DAFB53AE803A576C957F459D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeAxis_9BA2A692DAFB53AE803A576C957F459D" xlink:to="lab_us-gaap_InvestmentTypeAxis_9BA2A692DAFB53AE803A576C957F459D" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_8B75372D1B4D4C1DA90B576C957FC417_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_8B75372D1B4D4C1DA90B576C957FC417" 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_8B75372D1B4D4C1DA90B576C957FC417_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_8B75372D1B4D4C1DA90B576C957FC417" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_8B75372D1B4D4C1DA90B576C957FC417" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_8B75372D1B4D4C1DA90B576C957FC417" xlink:to="lab_us-gaap_InvestmentTypeCategorizationMember_8B75372D1B4D4C1DA90B576C957FC417" xlink:type="arc" />
    <link:label id="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_65639962E16E634B2194576C957F3CFB_terseLabel_en-US" xlink:label="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_65639962E16E634B2194576C957F3CFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Freddie Mac and Ginnie Mae Loans [Member]</link:label>
    <link:label id="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_65639962E16E634B2194576C957F3CFB_label_en-US" xlink:label="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_65639962E16E634B2194576C957F3CFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal National Mortgage Association Certificates and Obligations and Government National Mortgage Association Certificates and Obligations [Member]</link:label>
    <link:label id="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_65639962E16E634B2194576C957F3CFB_documentation_en-US" xlink:label="lab_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_65639962E16E634B2194576C957F3CFB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments in debentures, bonds and other debt securities issued by the Federal National Mortgage Association (FNMA or Fannie Mae) and Investments in debentures, bonds and other debt securities issued by the Government National Mortgage Association (GNMA or Ginnie Mae).</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember" xlink:label="loc_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember_65639962E16E634B2194576C957F3CFB" xlink:type="locator" />
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    <link:label id="lab_ocn_SeniorSecuredTermLoanMember_A0842B6B168C1A9E0E28576C957F181F_terseLabel_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanMember_A0842B6B168C1A9E0E28576C957F181F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Secured Term Loan [Member]</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoanMember_A0842B6B168C1A9E0E28576C957F181F_label_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanMember_A0842B6B168C1A9E0E28576C957F181F" 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_A0842B6B168C1A9E0E28576C957F181F_documentation_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanMember_A0842B6B168C1A9E0E28576C957F181F" 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-20140930.xsd#ocn_SeniorSecuredTermLoanMember" xlink:label="loc_ocn_SeniorSecuredTermLoanMember_A0842B6B168C1A9E0E28576C957F181F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeniorSecuredTermLoanMember_A0842B6B168C1A9E0E28576C957F181F" xlink:to="lab_ocn_SeniorSecuredTermLoanMember_A0842B6B168C1A9E0E28576C957F181F" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_400918700DC239909D71576C957FC185_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_400918700DC239909D71576C957FC185" 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_400918700DC239909D71576C957FC185_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_400918700DC239909D71576C957FC185" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_400918700DC239909D71576C957FC185" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_400918700DC239909D71576C957FC185" xlink:to="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_400918700DC239909D71576C957FC185" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyDomain_DA470091E12FAD6E0E7B576C957F21D7_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_DA470091E12FAD6E0E7B576C957F21D7" 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_DA470091E12FAD6E0E7B576C957F21D7_label_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_DA470091E12FAD6E0E7B576C957F21D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaap_RelatedPartyDomain_DA470091E12FAD6E0E7B576C957F21D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyDomain_DA470091E12FAD6E0E7B576C957F21D7" xlink:to="lab_us-gaap_RelatedPartyDomain_DA470091E12FAD6E0E7B576C957F21D7" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceMember_8B1EAEBA462E92C52E3E576C957F2BC9_terseLabel_en-US" xlink:label="lab_ocn_AltisourceMember_8B1EAEBA462E92C52E3E576C957F2BC9" 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_8B1EAEBA462E92C52E3E576C957F2BC9_label_en-US" xlink:label="lab_ocn_AltisourceMember_8B1EAEBA462E92C52E3E576C957F2BC9" 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_8B1EAEBA462E92C52E3E576C957F2BC9_documentation_en-US" xlink:label="lab_ocn_AltisourceMember_8B1EAEBA462E92C52E3E576C957F2BC9" 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-20140930.xsd#ocn_AltisourceMember" xlink:label="loc_ocn_AltisourceMember_8B1EAEBA462E92C52E3E576C957F2BC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceMember_8B1EAEBA462E92C52E3E576C957F2BC9" xlink:to="lab_ocn_AltisourceMember_8B1EAEBA462E92C52E3E576C957F2BC9" xlink:type="arc" />
    <link:label id="lab_ocn_UnrelatedPartyMember_01706B2786507BE5AB5B576C957F0952_terseLabel_en-US" xlink:label="lab_ocn_UnrelatedPartyMember_01706B2786507BE5AB5B576C957F0952" 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_01706B2786507BE5AB5B576C957F0952_label_en-US" xlink:label="lab_ocn_UnrelatedPartyMember_01706B2786507BE5AB5B576C957F0952" 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_01706B2786507BE5AB5B576C957F0952_documentation_en-US" xlink:label="lab_ocn_UnrelatedPartyMember_01706B2786507BE5AB5B576C957F0952" 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-20140930.xsd#ocn_UnrelatedPartyMember" xlink:label="loc_ocn_UnrelatedPartyMember_01706B2786507BE5AB5B576C957F0952" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnrelatedPartyMember_01706B2786507BE5AB5B576C957F0952" xlink:to="lab_ocn_UnrelatedPartyMember_01706B2786507BE5AB5B576C957F0952" xlink:type="arc" />
    <link:label id="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_FAB7BA73FDEFBA52738A576C957F9E17_terseLabel_en-US" xlink:label="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_FAB7BA73FDEFBA52738A576C957F9E17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Useful life of MSRs and goodwill</link:label>
    <link:label id="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_FAB7BA73FDEFBA52738A576C957F9E17_label_en-US" xlink:label="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_FAB7BA73FDEFBA52738A576C957F9E17" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife" xlink:label="loc_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_FAB7BA73FDEFBA52738A576C957F9E17" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_FAB7BA73FDEFBA52738A576C957F9E17" xlink:to="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_FAB7BA73FDEFBA52738A576C957F9E17" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_86101314CE772CF2EA06576C957FF636_verboseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_86101314CE772CF2EA06576C957FF636" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Purchase price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_86101314CE772CF2EA06576C957FF636" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_8289D2E2C89C9060AA0F576C957F5FEA_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_8289D2E2C89C9060AA0F576C957F5FEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingent consideration</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_8289D2E2C89C9060AA0F576C957F5FEA_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_8289D2E2C89C9060AA0F576C957F5FEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Contingent Consideration, Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationContingentConsiderationLiability" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationLiability_8289D2E2C89C9060AA0F576C957F5FEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationContingentConsiderationLiability_8289D2E2C89C9060AA0F576C957F5FEA" xlink:to="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_8289D2E2C89C9060AA0F576C957F5FEA" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_695B84F61C0131F7D88E576C957F83BE_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_695B84F61C0131F7D88E576C957F83BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid principal balance assets acquired</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_695B84F61C0131F7D88E576C957F83BE_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_695B84F61C0131F7D88E576C957F83BE" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_695B84F61C0131F7D88E576C957F83BE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_695B84F61C0131F7D88E576C957F83BE" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_695B84F61C0131F7D88E576C957F83BE" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_1B83106DF1FF7D88E8A9576C957FA89E_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_1B83106DF1FF7D88E8A9576C957FA89E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt instrument net additional capital deployed</link:label>
    <link:label id="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_1B83106DF1FF7D88E8A9576C957FA89E_label_en-US" xlink:label="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_1B83106DF1FF7D88E8A9576C957FA89E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Net Additional Capital Deployed</link:label>
    <link:label id="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_1B83106DF1FF7D88E8A9576C957FA89E_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_1B83106DF1FF7D88E8A9576C957FA89E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of additional capital deployed.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_DebtInstrumentNetAdditionalCapitalDeployed" xlink:label="loc_ocn_DebtInstrumentNetAdditionalCapitalDeployed_1B83106DF1FF7D88E8A9576C957FA89E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentNetAdditionalCapitalDeployed_1B83106DF1FF7D88E8A9576C957FA89E" xlink:to="lab_ocn_DebtInstrumentNetAdditionalCapitalDeployed_1B83106DF1FF7D88E8A9576C957FA89E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfDebt_261648FD90FF1751E35E576C957F939D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfDebt_261648FD90FF1751E35E576C957F939D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Debt</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfDebt_261648FD90FF1751E35E576C957F939D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfDebt_261648FD90FF1751E35E576C957F939D" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfDebt_261648FD90FF1751E35E576C957F939D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfDebt_261648FD90FF1751E35E576C957F939D" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfDebt_261648FD90FF1751E35E576C957F939D" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfNewLineOfCreditFacility_0083EFB79AB0E25789ED576C957F6D21_terseLabel_en-US" xlink:label="lab_ocn_NumberOfNewLineOfCreditFacility_0083EFB79AB0E25789ED576C957F6D21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number Of New Line Of Credit Facility</link:label>
    <link:label id="lab_ocn_NumberOfNewLineOfCreditFacility_0083EFB79AB0E25789ED576C957F6D21_label_en-US" xlink:label="lab_ocn_NumberOfNewLineOfCreditFacility_0083EFB79AB0E25789ED576C957F6D21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of New Line Of Credit Facility</link:label>
    <link:label id="lab_ocn_NumberOfNewLineOfCreditFacility_0083EFB79AB0E25789ED576C957F6D21_documentation_en-US" xlink:label="lab_ocn_NumberOfNewLineOfCreditFacility_0083EFB79AB0E25789ED576C957F6D21" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of new line of credit facilities.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_NumberOfNewLineOfCreditFacility" xlink:label="loc_ocn_NumberOfNewLineOfCreditFacility_0083EFB79AB0E25789ED576C957F6D21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfNewLineOfCreditFacility_0083EFB79AB0E25789ED576C957F6D21" xlink:to="lab_ocn_NumberOfNewLineOfCreditFacility_0083EFB79AB0E25789ED576C957F6D21" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfExistingLineOfCreditFacility_D84C28C2C4594D7AC29B576C957F6926_terseLabel_en-US" xlink:label="lab_ocn_NumberOfExistingLineOfCreditFacility_D84C28C2C4594D7AC29B576C957F6926" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number Of Existing Line Of Credit Facility</link:label>
    <link:label id="lab_ocn_NumberOfExistingLineOfCreditFacility_D84C28C2C4594D7AC29B576C957F6926_label_en-US" xlink:label="lab_ocn_NumberOfExistingLineOfCreditFacility_D84C28C2C4594D7AC29B576C957F6926" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Existing Line Of Credit Facility</link:label>
    <link:label id="lab_ocn_NumberOfExistingLineOfCreditFacility_D84C28C2C4594D7AC29B576C957F6926_documentation_en-US" xlink:label="lab_ocn_NumberOfExistingLineOfCreditFacility_D84C28C2C4594D7AC29B576C957F6926" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of existing line of credit facilities.</link:label>
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    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_002AD3BA5890645B0218576C957F7F6E_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_002AD3BA5890645B0218576C957F7F6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling interest, ownership percentage by parent</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestOwnershipPercentageByParent" xlink:label="loc_us-gaap_MinorityInterestOwnershipPercentageByParent_002AD3BA5890645B0218576C957F7F6E" xlink:type="locator" />
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    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_BEFC5E2334845DF1ACFE576C957FCD86_terseLabel_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_BEFC5E2334845DF1ACFE576C957FCD86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recognized identifiable assets acquired and liabilities assumed, mortgage service rights</link:label>
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    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_BEFC5E2334845DF1ACFE576C957FCD86_documentation_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageServiceRights_BEFC5E2334845DF1ACFE576C957FCD86" 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>
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    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E5466F53C7B46AA67A0B576C957F109B_terseLabel_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E5466F53C7B46AA67A0B576C957F109B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recognized identifiable assets acquired and liabilities assumed, mortgage backed securities</link:label>
    <link:label id="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E5466F53C7B46AA67A0B576C957F109B_label_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E5466F53C7B46AA67A0B576C957F109B" 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_E5466F53C7B46AA67A0B576C957F109B_documentation_en-US" xlink:label="lab_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E5466F53C7B46AA67A0B576C957F109B" 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-20140930.xsd#ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities" xlink:label="loc_ocn_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageBackedSecurities_E5466F53C7B46AA67A0B576C957F109B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RestructuringCharges_A0EC2D2EFF3AA52A5F79576C957FFB64_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCharges_A0EC2D2EFF3AA52A5F79576C957FFB64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions charged to operations</link:label>
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    <link:label id="lab_ocn_Loansheldforsaleatlowerofcostorfairvalue_26C7949A8AA56D9C4A0752D9F5F43430_periodStartLabel_en-US" xlink:label="lab_ocn_Loansheldforsaleatlowerofcostorfairvalue_26C7949A8AA56D9C4A0752D9F5F43430" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
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    <link:label id="lab_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_9977E03724336A287BD052D9F5F46AA4_terseLabel_en-US" xlink:label="lab_ocn_PaymentsforOriginationofMortgageLoansHeldforsaleatLowerofCostorFairValue_9977E03724336A287BD052D9F5F46AA4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchases</link:label>
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    <link:label id="lab_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_0D9213AA1FD4630C624552D9F5F4AE31_negatedTerseLabel_en-US" xlink:label="lab_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_0D9213AA1FD4630C624552D9F5F4AE31" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers to real estate owned</link:label>
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    <link:loc xlink:href="ocn-20140930.xsd#ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue" xlink:label="loc_ocn_TransferstoRealEstateOwnedfromMortgageLoansHeldforsaleatLowerofCostorFairValue_0D9213AA1FD4630C624552D9F5F4AE31" xlink:type="locator" />
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    <link:label id="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_9E70960D4BF5B904454752D9F5F4EA6B_terseLabel_en-US" xlink:label="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_9E70960D4BF5B904454752D9F5F4EA6B" 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_9E70960D4BF5B904454752D9F5F4EA6B_label_en-US" xlink:label="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_9E70960D4BF5B904454752D9F5F4EA6B" 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_9E70960D4BF5B904454752D9F5F4EA6B_documentation_en-US" xlink:label="lab_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_9E70960D4BF5B904454752D9F5F4EA6B" 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-20140930.xsd#ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue" xlink:label="loc_ocn_GainLossonSaleofMortgageLoansHeldforsaleatLowerCostorFairValue_9E70960D4BF5B904454752D9F5F4EA6B" xlink:type="locator" />
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    <link:label id="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_16EC728CD6773BFD0FEC52D9F5F40868_negatedTerseLabel_en-US" xlink:label="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_16EC728CD6773BFD0FEC52D9F5F40868" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Increase in valuation allowance</link:label>
    <link:label id="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_16EC728CD6773BFD0FEC52D9F5F40868_label_en-US" xlink:label="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_16EC728CD6773BFD0FEC52D9F5F40868" 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_16EC728CD6773BFD0FEC52D9F5F40868_documentation_en-US" xlink:label="lab_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_16EC728CD6773BFD0FEC52D9F5F40868" 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-20140930.xsd#ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue" xlink:label="loc_ocn_IncreaseDecreaseinValuationAllowanceofMortgageLoansHeldforsaleatLowerCostorFairValue_16EC728CD6773BFD0FEC52D9F5F40868" xlink:type="locator" />
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    <link:label id="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_655F529362B8F4248A8552D9F5F4645E_terseLabel_en-US" xlink:label="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_655F529362B8F4248A8552D9F5F4645E" 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_655F529362B8F4248A8552D9F5F4645E_label_en-US" xlink:label="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_655F529362B8F4248A8552D9F5F4645E" 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_655F529362B8F4248A8552D9F5F4645E_documentation_en-US" xlink:label="lab_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_655F529362B8F4248A8552D9F5F4645E" 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-20140930.xsd#ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue" xlink:label="loc_ocn_OtherAdjustmentstoMortgageLoansHeldforsaleatLowerCostorFairValue_655F529362B8F4248A8552D9F5F4645E" xlink:type="locator" />
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    <link:label id="lab_ocn_Loansheldforsaleatlowerofcostorfairvalue_11955B43FA91132FE86A52D9F5F4F57C_periodEndLabel_en-US" xlink:label="lab_ocn_Loansheldforsaleatlowerofcostorfairvalue_11955B43FA91132FE86A52D9F5F4F57C" 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-20140930.xsd#ocn_Loansheldforsaleatlowerofcostorfairvalue" xlink:label="loc_ocn_Loansheldforsaleatlowerofcostorfairvalue_11955B43FA91132FE86A52D9F5F4F57C" xlink:type="locator" />
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    <link:label id="lab_ocn_ConsolidatedBalanceSheetsAbstract_B387C70ADF90E40268EE61A3334484AE_label_en-US" xlink:label="lab_ocn_ConsolidatedBalanceSheetsAbstract_B387C70ADF90E40268EE61A3334484AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CONSOLIDATED BALANCE SHEETS [Abstract]</link:label>
    <link:label id="lab_ocn_ConsolidatedBalanceSheetsAbstract_B387C70ADF90E40268EE61A3334484AE_documentation_en-US" xlink:label="lab_ocn_ConsolidatedBalanceSheetsAbstract_B387C70ADF90E40268EE61A3334484AE" 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-20140930.xsd#ocn_ConsolidatedBalanceSheetsAbstract" xlink:label="loc_ocn_ConsolidatedBalanceSheetsAbstract_B387C70ADF90E40268EE61A3334484AE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetsAbstract_C8965E65C26E92A77B5061A33344E89E_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_C8965E65C26E92A77B5061A33344E89E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_C8965E65C26E92A77B5061A33344E89E_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_C8965E65C26E92A77B5061A33344E89E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_C8965E65C26E92A77B5061A33344E89E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Cash_8564D54AD4D03726D61061A333447E01_terseLabel_en-US" xlink:label="lab_us-gaap_Cash_8564D54AD4D03726D61061A333447E01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Cash" xlink:label="loc_us-gaap_Cash_8564D54AD4D03726D61061A333447E01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Cash_8564D54AD4D03726D61061A333447E01" xlink:to="lab_us-gaap_Cash_8564D54AD4D03726D61061A333447E01" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServicingAsset_0A5E283994FDFA096E0561A33344F968_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAsset_0A5E283994FDFA096E0561A33344F968" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage servicing rights ($101,948 and $116,029 carried at fair value)</link:label>
    <link:label id="lab_us-gaap_ServicingAsset_0A5E283994FDFA096E0561A33344F968_label_en-US" xlink:label="lab_us-gaap_ServicingAsset_0A5E283994FDFA096E0561A33344F968" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingAsset" xlink:label="loc_us-gaap_ServicingAsset_0A5E283994FDFA096E0561A33344F968" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAsset_0A5E283994FDFA096E0561A33344F968" xlink:to="lab_us-gaap_ServicingAsset_0A5E283994FDFA096E0561A33344F968" xlink:type="arc" />
    <link:label id="lab_ocn_Advances_03FFE74CC1816B5B92A261A333444923_terseLabel_en-US" xlink:label="lab_ocn_Advances_03FFE74CC1816B5B92A261A333444923" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
    <link:label id="lab_ocn_Advances_03FFE74CC1816B5B92A261A333444923_label_en-US" xlink:label="lab_ocn_Advances_03FFE74CC1816B5B92A261A333444923" 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_03FFE74CC1816B5B92A261A333444923_documentation_en-US" xlink:label="lab_ocn_Advances_03FFE74CC1816B5B92A261A333444923" 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-20140930.xsd#ocn_Advances" xlink:label="loc_ocn_Advances_03FFE74CC1816B5B92A261A333444923" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Advances_03FFE74CC1816B5B92A261A333444923" xlink:to="lab_ocn_Advances_03FFE74CC1816B5B92A261A333444923" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_5D998838D9770029156161A333449407_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_5D998838D9770029156161A333449407" 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_5D998838D9770029156161A333449407_label_en-US" xlink:label="lab_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_5D998838D9770029156161A333449407" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers Accounted for as Secured Borrowings, Assets, Carrying Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount" xlink:label="loc_us-gaap_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount_5D998838D9770029156161A333449407" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LoansHeldForSaleMortgages_B1DE64C02E0883E3751061A333443A81_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleMortgages_B1DE64C02E0883E3751061A333443A81" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loans held for sale ($335,950 and $503,753 carried at fair value)</link:label>
    <link:label id="lab_us-gaap_LoansHeldForSaleMortgages_B1DE64C02E0883E3751061A333443A81_label_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleMortgages_B1DE64C02E0883E3751061A333443A81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Held-for-sale, Mortgages</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansHeldForSaleMortgages" xlink:label="loc_us-gaap_LoansHeldForSaleMortgages_B1DE64C02E0883E3751061A333443A81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansHeldForSaleMortgages_B1DE64C02E0883E3751061A333443A81" xlink:to="lab_us-gaap_LoansHeldForSaleMortgages_B1DE64C02E0883E3751061A333443A81" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_7A9F0EC9353140FF2E8F61A3334485BF_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_7A9F0EC9353140FF2E8F61A3334485BF" 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_7A9F0EC9353140FF2E8F61A3334485BF_label_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_7A9F0EC9353140FF2E8F61A3334485BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Receivable, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="loc_us-gaap_LoansReceivableFairValueDisclosure_7A9F0EC9353140FF2E8F61A3334485BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableFairValueDisclosure_7A9F0EC9353140FF2E8F61A3334485BF" xlink:to="lab_us-gaap_LoansReceivableFairValueDisclosure_7A9F0EC9353140FF2E8F61A3334485BF" xlink:type="arc" />
    <link:label id="lab_ocn_OtherReceivablesNet_CC77FEB428B203B08C5061A333449C6F_terseLabel_en-US" xlink:label="lab_ocn_OtherReceivablesNet_CC77FEB428B203B08C5061A333449C6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables, net</link:label>
    <link:label id="lab_ocn_OtherReceivablesNet_CC77FEB428B203B08C5061A333449C6F_label_en-US" xlink:label="lab_ocn_OtherReceivablesNet_CC77FEB428B203B08C5061A333449C6F" 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_CC77FEB428B203B08C5061A333449C6F_documentation_en-US" xlink:label="lab_ocn_OtherReceivablesNet_CC77FEB428B203B08C5061A333449C6F" 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-20140930.xsd#ocn_OtherReceivablesNet" xlink:label="loc_ocn_OtherReceivablesNet_CC77FEB428B203B08C5061A333449C6F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherReceivablesNet_CC77FEB428B203B08C5061A333449C6F" xlink:to="lab_ocn_OtherReceivablesNet_CC77FEB428B203B08C5061A333449C6F" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_86D113283B492CAD8DB861A333448544_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_86D113283B492CAD8DB861A333448544" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets, net</link:label>
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    <link:label id="lab_ocn_HomeEquityConversionMortgagesMember_B3B9C67F25820C44DAEA2F967090732C_terseLabel_en-US" xlink:label="lab_ocn_HomeEquityConversionMortgagesMember_B3B9C67F25820C44DAEA2F967090732C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HECM [Member]</link:label>
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    <link:label id="lab_ocn_AveragePeriodtoSecuritization_681998C5F986EE997B6E2F967090641E_terseLabel_en-US" xlink:label="lab_ocn_AveragePeriodtoSecuritization_681998C5F986EE997B6E2F967090641E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average period to securitization</link:label>
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    <link:label id="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_C477DEFCAB9C3D1A42402F9670900935_terseLabel_en-US" xlink:label="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_C477DEFCAB9C3D1A42402F9670900935" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Secured borrowings</link:label>
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    <link:label id="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_C477DEFCAB9C3D1A42402F9670900935_documentation_en-US" xlink:label="lab_ocn_SecuredBorrowingsWithPledgeOfCollateral_C477DEFCAB9C3D1A42402F9670900935" 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>
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    <link:label id="lab_ocn_GainLossOnInterestRateDerivativeInstruments_365FC744C8AF37D7B97958C6282385FB_terseLabel_en-US" xlink:label="lab_ocn_GainLossOnInterestRateDerivativeInstruments_365FC744C8AF37D7B97958C6282385FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of IRLCs</link:label>
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    <link:label id="lab_ocn_GainLossOnInterestRateDerivativeInstruments_365FC744C8AF37D7B97958C6282385FB_documentation_en-US" xlink:label="lab_ocn_GainLossOnInterestRateDerivativeInstruments_365FC744C8AF37D7B97958C6282385FB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the net increase or decrease in the fair value of the interest rate derivative or group of derivatives.</link:label>
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    <link:label id="lab_ocn_GainOnHedgeInstruments_F81D0739B52D81D3068D58C628232849_terseLabel_en-US" xlink:label="lab_ocn_GainOnHedgeInstruments_F81D0739B52D81D3068D58C628232849" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain (loss) on economic hedge instruments</link:label>
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    <link:label id="lab_ocn_GainOnHedgeInstruments_F81D0739B52D81D3068D58C628232849_documentation_en-US" xlink:label="lab_ocn_GainOnHedgeInstruments_F81D0739B52D81D3068D58C628232849" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of gain recognized in income during the period on economic hedges not designated or qualifying as hedging instruments.</link:label>
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    <link:label id="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_65FB3430FCFDB52DB57058C628237EDE_terseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnSalesOfOtherRealEstate_65FB3430FCFDB52DB57058C628237EDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
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    <link:label id="lab_us-gaap_GainLossOnSalesOfLoansNet_2FF2BBA01A2F6A6A56C958C62823088D_totalLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSalesOfLoansNet_2FF2BBA01A2F6A6A56C958C62823088D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of loans held for investment</link:label>
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    <link:label id="lab_us-gaap_IncomeTaxDisclosureAbstract_C0A64EFE1ED6E2A6533B6359426F45D2_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureAbstract_C0A64EFE1ED6E2A6533B6359426F45D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentTable_ECC68AC9DEB78B7F12ED2FA51B3CD7FB_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_ECC68AC9DEB78B7F12ED2FA51B3CD7FB" 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>
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    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_E31916CAA32B2D7117832FA51B3C4065_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_E31916CAA32B2D7117832FA51B3C4065" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR) [Member]</link:label>
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_E31916CAA32B2D7117832FA51B3C4065_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_E31916CAA32B2D7117832FA51B3C4065" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_E31916CAA32B2D7117832FA51B3C4065" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_E31916CAA32B2D7117832FA51B3C4065" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_E31916CAA32B2D7117832FA51B3C4065" xlink:type="arc" />
    <link:label id="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_E8409DBE6ACDB40D93AB2FA51B3C2DA5_terseLabel_en-US" xlink:label="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_E8409DBE6ACDB40D93AB2FA51B3C2DA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance Receivable Backed Notes Series E [Member]</link:label>
    <link:label id="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_E8409DBE6ACDB40D93AB2FA51B3C2DA5_label_en-US" xlink:label="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_E8409DBE6ACDB40D93AB2FA51B3C2DA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advance Receivable Backed Notes Series E [Member]</link:label>
    <link:label id="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_E8409DBE6ACDB40D93AB2FA51B3C2DA5_documentation_en-US" xlink:label="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_E8409DBE6ACDB40D93AB2FA51B3C2DA5" 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-20140930.xsd#ocn_AdvanceReceivableBackedNotesSeriesEMember" xlink:label="loc_ocn_AdvanceReceivableBackedNotesSeriesEMember_E8409DBE6ACDB40D93AB2FA51B3C2DA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvanceReceivableBackedNotesSeriesEMember_E8409DBE6ACDB40D93AB2FA51B3C2DA5" xlink:to="lab_ocn_AdvanceReceivableBackedNotesSeriesEMember_E8409DBE6ACDB40D93AB2FA51B3C2DA5" xlink:type="arc" />
    <link:label id="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_94445EFC07CC34A88CF32FA51B3C486A_terseLabel_en-US" xlink:label="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_94445EFC07CC34A88CF32FA51B3C486A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Homeward Agency Advance Funding Trust 2012-1 [Member]</link:label>
    <link:label id="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_94445EFC07CC34A88CF32FA51B3C486A_label_en-US" xlink:label="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_94445EFC07CC34A88CF32FA51B3C486A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Homeward Agency Advance Funding Trust 2012- 1 [Member]</link:label>
    <link:label id="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_94445EFC07CC34A88CF32FA51B3C486A_documentation_en-US" xlink:label="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_94445EFC07CC34A88CF32FA51B3C486A" 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-20140930.xsd#ocn_HomewardAgencyAdvanceFundingTrust2012-1Member" xlink:label="loc_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_94445EFC07CC34A88CF32FA51B3C486A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_94445EFC07CC34A88CF32FA51B3C486A" xlink:to="lab_ocn_HomewardAgencyAdvanceFundingTrust2012-1Member_94445EFC07CC34A88CF32FA51B3C486A" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA1TermNoteMember_3D2CF596CD9AFB23A2972FA51B415843_terseLabel_en-US" xlink:label="lab_ocn_ClassA1TermNoteMember_3D2CF596CD9AFB23A2972FA51B415843" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A1 Term Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA1TermNoteMember_3D2CF596CD9AFB23A2972FA51B415843_label_en-US" xlink:label="lab_ocn_ClassA1TermNoteMember_3D2CF596CD9AFB23A2972FA51B415843" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class A1 Term Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA1TermNoteMember_3D2CF596CD9AFB23A2972FA51B415843_documentation_en-US" xlink:label="lab_ocn_ClassA1TermNoteMember_3D2CF596CD9AFB23A2972FA51B415843" 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-20140930.xsd#ocn_ClassA1TermNoteMember" xlink:label="loc_ocn_ClassA1TermNoteMember_3D2CF596CD9AFB23A2972FA51B415843" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA1TermNoteMember_3D2CF596CD9AFB23A2972FA51B415843" xlink:to="lab_ocn_ClassA1TermNoteMember_3D2CF596CD9AFB23A2972FA51B415843" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA2VariableFundingNoteMember_ACDFC51DAFDBD27484ED2FA51B419B78_terseLabel_en-US" xlink:label="lab_ocn_ClassA2VariableFundingNoteMember_ACDFC51DAFDBD27484ED2FA51B419B78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A2 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA2VariableFundingNoteMember_ACDFC51DAFDBD27484ED2FA51B419B78_label_en-US" xlink:label="lab_ocn_ClassA2VariableFundingNoteMember_ACDFC51DAFDBD27484ED2FA51B419B78" 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_ACDFC51DAFDBD27484ED2FA51B419B78_documentation_en-US" xlink:label="lab_ocn_ClassA2VariableFundingNoteMember_ACDFC51DAFDBD27484ED2FA51B419B78" 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-20140930.xsd#ocn_ClassA2VariableFundingNoteMember" xlink:label="loc_ocn_ClassA2VariableFundingNoteMember_ACDFC51DAFDBD27484ED2FA51B419B78" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA2VariableFundingNoteMember_ACDFC51DAFDBD27484ED2FA51B419B78" xlink:to="lab_ocn_ClassA2VariableFundingNoteMember_ACDFC51DAFDBD27484ED2FA51B419B78" xlink:type="arc" />
    <link:label id="lab_ocn_ClassBTermNoteMember_338CD10657E375956EF22FA51B4110D0_terseLabel_en-US" xlink:label="lab_ocn_ClassBTermNoteMember_338CD10657E375956EF22FA51B4110D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class B Term Note [Member]</link:label>
    <link:label id="lab_ocn_ClassBTermNoteMember_338CD10657E375956EF22FA51B4110D0_label_en-US" xlink:label="lab_ocn_ClassBTermNoteMember_338CD10657E375956EF22FA51B4110D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B Term Note [Member]</link:label>
    <link:label id="lab_ocn_ClassBTermNoteMember_338CD10657E375956EF22FA51B4110D0_documentation_en-US" xlink:label="lab_ocn_ClassBTermNoteMember_338CD10657E375956EF22FA51B4110D0" 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-20140930.xsd#ocn_ClassBTermNoteMember" xlink:label="loc_ocn_ClassBTermNoteMember_338CD10657E375956EF22FA51B4110D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassBTermNoteMember_338CD10657E375956EF22FA51B4110D0" xlink:to="lab_ocn_ClassBTermNoteMember_338CD10657E375956EF22FA51B4110D0" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA3VariableFundingNoteMember_252ED1D8C026E521B9332FA51B414559_terseLabel_en-US" xlink:label="lab_ocn_ClassA3VariableFundingNoteMember_252ED1D8C026E521B9332FA51B414559" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A3 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA3VariableFundingNoteMember_252ED1D8C026E521B9332FA51B414559_label_en-US" xlink:label="lab_ocn_ClassA3VariableFundingNoteMember_252ED1D8C026E521B9332FA51B414559" 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_252ED1D8C026E521B9332FA51B414559_documentation_en-US" xlink:label="lab_ocn_ClassA3VariableFundingNoteMember_252ED1D8C026E521B9332FA51B414559" 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-20140930.xsd#ocn_ClassA3VariableFundingNoteMember" xlink:label="loc_ocn_ClassA3VariableFundingNoteMember_252ED1D8C026E521B9332FA51B414559" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA3VariableFundingNoteMember_252ED1D8C026E521B9332FA51B414559" xlink:to="lab_ocn_ClassA3VariableFundingNoteMember_252ED1D8C026E521B9332FA51B414559" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedLiabiltiesMember_249EE91EAA39812E85912FA51B413007_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedLiabiltiesMember_249EE91EAA39812E85912FA51B413007" 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_249EE91EAA39812E85912FA51B413007_label_en-US" xlink:label="lab_ocn_MatchFundedLiabiltiesMember_249EE91EAA39812E85912FA51B413007" 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_249EE91EAA39812E85912FA51B413007_documentation_en-US" xlink:label="lab_ocn_MatchFundedLiabiltiesMember_249EE91EAA39812E85912FA51B413007" 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-20140930.xsd#ocn_MatchFundedLiabiltiesMember" xlink:label="loc_ocn_MatchFundedLiabiltiesMember_249EE91EAA39812E85912FA51B413007" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedLiabiltiesMember_249EE91EAA39812E85912FA51B413007" xlink:to="lab_ocn_MatchFundedLiabiltiesMember_249EE91EAA39812E85912FA51B413007" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_CAD1D774929AA086CD0B2FA51B424BDD_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_CAD1D774929AA086CD0B2FA51B424BDD" 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_CAD1D774929AA086CD0B2FA51B424BDD_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_CAD1D774929AA086CD0B2FA51B424BDD" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_us-gaap_DebtInstrumentLineItems_CAD1D774929AA086CD0B2FA51B424BDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentLineItems_CAD1D774929AA086CD0B2FA51B424BDD" xlink:to="lab_us-gaap_DebtInstrumentLineItems_CAD1D774929AA086CD0B2FA51B424BDD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_763E5D3D0A1D0D01A1DE2FA51B425B33_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_763E5D3D0A1D0D01A1DE2FA51B425B33" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Available borrowing capacity</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_763E5D3D0A1D0D01A1DE2FA51B425B33_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_763E5D3D0A1D0D01A1DE2FA51B425B33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unused Borrowing Capacity, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:label="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_763E5D3D0A1D0D01A1DE2FA51B425B33" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_763E5D3D0A1D0D01A1DE2FA51B425B33" xlink:to="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_763E5D3D0A1D0D01A1DE2FA51B425B33" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_328B9ABCC4C020BCB50E2FA51B428AB7_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_328B9ABCC4C020BCB50E2FA51B428AB7" 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_328B9ABCC4C020BCB50E2FA51B428AB7_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_328B9ABCC4C020BCB50E2FA51B428AB7" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_328B9ABCC4C020BCB50E2FA51B428AB7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_328B9ABCC4C020BCB50E2FA51B428AB7" xlink:to="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_328B9ABCC4C020BCB50E2FA51B428AB7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDate_BEC3A8FE2962AE0B101A2FA51B4234F7_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDate_BEC3A8FE2962AE0B101A2FA51B4234F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity date</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDate_BEC3A8FE2962AE0B101A2FA51B4234F7_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDate_BEC3A8FE2962AE0B101A2FA51B4234F7" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="loc_us-gaap_DebtInstrumentMaturityDate_BEC3A8FE2962AE0B101A2FA51B4234F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentMaturityDate_BEC3A8FE2962AE0B101A2FA51B4234F7" xlink:to="lab_us-gaap_DebtInstrumentMaturityDate_BEC3A8FE2962AE0B101A2FA51B4234F7" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentAmortizationDate_8ED2DC7E4F8DCEDAFAFD2FA51B424AFA_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentAmortizationDate_8ED2DC7E4F8DCEDAFAFD2FA51B424AFA" 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_8ED2DC7E4F8DCEDAFAFD2FA51B424AFA_label_en-US" xlink:label="lab_ocn_DebtInstrumentAmortizationDate_8ED2DC7E4F8DCEDAFAFD2FA51B424AFA" 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_8ED2DC7E4F8DCEDAFAFD2FA51B424AFA_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentAmortizationDate_8ED2DC7E4F8DCEDAFAFD2FA51B424AFA" 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-20140930.xsd#ocn_DebtInstrumentAmortizationDate" xlink:label="loc_ocn_DebtInstrumentAmortizationDate_8ED2DC7E4F8DCEDAFAFD2FA51B424AFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentAmortizationDate_8ED2DC7E4F8DCEDAFAFD2FA51B424AFA" xlink:to="lab_ocn_DebtInstrumentAmortizationDate_8ED2DC7E4F8DCEDAFAFD2FA51B424AFA" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_7EDC9D970AABD6E02BB82FA51B42EB7E_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_7EDC9D970AABD6E02BB82FA51B42EB7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis spread on variable rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_7EDC9D970AABD6E02BB82FA51B42EB7E_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_7EDC9D970AABD6E02BB82FA51B42EB7E" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_7EDC9D970AABD6E02BB82FA51B42EB7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_7EDC9D970AABD6E02BB82FA51B42EB7E" xlink:to="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_7EDC9D970AABD6E02BB82FA51B42EB7E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssetsAbstract_3C40D3F9B4677EF2B337537D887170BC_label_en-US" xlink:label="lab_us-gaap_OtherAssetsAbstract_3C40D3F9B4677EF2B337537D887170BC" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsAbstract" xlink:label="loc_us-gaap_OtherAssetsAbstract_3C40D3F9B4677EF2B337537D887170BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsAbstract_3C40D3F9B4677EF2B337537D887170BC" xlink:to="lab_us-gaap_OtherAssetsAbstract_3C40D3F9B4677EF2B337537D887170BC" xlink:type="arc" />
    <link:label id="lab_ocn_PowerlinkSettlementServicesMember_6C64A6EAE3781F569594537D8871A489_terseLabel_en-US" xlink:label="lab_ocn_PowerlinkSettlementServicesMember_6C64A6EAE3781F569594537D8871A489" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Powerlink Settlement Services [Member]</link:label>
    <link:label id="lab_ocn_PowerlinkSettlementServicesMember_6C64A6EAE3781F569594537D8871A489_label_en-US" xlink:label="lab_ocn_PowerlinkSettlementServicesMember_6C64A6EAE3781F569594537D8871A489" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Powerlink Settlement Services [Member]</link:label>
    <link:label id="lab_ocn_PowerlinkSettlementServicesMember_6C64A6EAE3781F569594537D8871A489_documentation_en-US" xlink:label="lab_ocn_PowerlinkSettlementServicesMember_6C64A6EAE3781F569594537D8871A489" 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-20140930.xsd#ocn_PowerlinkSettlementServicesMember" xlink:label="loc_ocn_PowerlinkSettlementServicesMember_6C64A6EAE3781F569594537D8871A489" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PowerlinkSettlementServicesMember_6C64A6EAE3781F569594537D8871A489" xlink:to="lab_ocn_PowerlinkSettlementServicesMember_6C64A6EAE3781F569594537D8871A489" xlink:type="arc" />
    <link:label id="lab_ocn_PledgeAdvanceRemittancePeriod_B4E6A12718340303FC45537D887101F9_terseLabel_en-US" xlink:label="lab_ocn_PledgeAdvanceRemittancePeriod_B4E6A12718340303FC45537D887101F9" 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_B4E6A12718340303FC45537D887101F9_label_en-US" xlink:label="lab_ocn_PledgeAdvanceRemittancePeriod_B4E6A12718340303FC45537D887101F9" 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_B4E6A12718340303FC45537D887101F9_documentation_en-US" xlink:label="lab_ocn_PledgeAdvanceRemittancePeriod_B4E6A12718340303FC45537D887101F9" 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-20140930.xsd#ocn_PledgeAdvanceRemittancePeriod" xlink:label="loc_ocn_PledgeAdvanceRemittancePeriod_B4E6A12718340303FC45537D887101F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PledgeAdvanceRemittancePeriod_B4E6A12718340303FC45537D887101F9" xlink:to="lab_ocn_PledgeAdvanceRemittancePeriod_B4E6A12718340303FC45537D887101F9" xlink:type="arc" />
    <link:label id="lab_ocn_BusinessAcquisitionDeposits_039EF3FCF45A051F61D3537D88712802_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionDeposits_039EF3FCF45A051F61D3537D88712802" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase price deposit</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionDeposits_039EF3FCF45A051F61D3537D88712802_label_en-US" xlink:label="lab_ocn_BusinessAcquisitionDeposits_039EF3FCF45A051F61D3537D88712802" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition Deposits</link:label>
    <link:label id="lab_ocn_BusinessAcquisitionDeposits_039EF3FCF45A051F61D3537D88712802_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionDeposits_039EF3FCF45A051F61D3537D88712802" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Acquisition Deposits</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_BusinessAcquisitionDeposits" xlink:label="loc_ocn_BusinessAcquisitionDeposits_039EF3FCF45A051F61D3537D88712802" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionDeposits_039EF3FCF45A051F61D3537D88712802" xlink:to="lab_ocn_BusinessAcquisitionDeposits_039EF3FCF45A051F61D3537D88712802" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_13B5046D108806F830CA537D8871E2A2_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_13B5046D108806F830CA537D8871E2A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment in unconsolidated entities</link:label>
    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_13B5046D108806F830CA537D8871E2A2_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_13B5046D108806F830CA537D8871E2A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_13B5046D108806F830CA537D8871E2A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_13B5046D108806F830CA537D8871E2A2" xlink:to="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_13B5046D108806F830CA537D8871E2A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_B95CDCDF68C8C03A696653BE563B38EE_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_B95CDCDF68C8C03A696653BE563B38EE" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_B95CDCDF68C8C03A696653BE563B38EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_B95CDCDF68C8C03A696653BE563B38EE" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_B95CDCDF68C8C03A696653BE563B38EE" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityRollForward_6C574746AEFC17913AB053BE563D2983_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityRollForward_6C574746AEFC17913AB053BE563D2983" 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_6C574746AEFC17913AB053BE563D2983_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityRollForward_6C574746AEFC17913AB053BE563D2983" 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_6C574746AEFC17913AB053BE563D2983_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityRollForward_6C574746AEFC17913AB053BE563D2983" 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-20140930.xsd#ocn_IndemnificationObligationsLiabilityRollForward" xlink:label="loc_ocn_IndemnificationObligationsLiabilityRollForward_6C574746AEFC17913AB053BE563D2983" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityRollForward_6C574746AEFC17913AB053BE563D2983" xlink:to="lab_ocn_IndemnificationObligationsLiabilityRollForward_6C574746AEFC17913AB053BE563D2983" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiability_E2BB87A343A8DFE42F9C53BE563D99A3_periodStartLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_E2BB87A343A8DFE42F9C53BE563D99A3" 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_IndemnificationObligationsLiability_E2BB87A343A8DFE42F9C53BE563D99A3_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_E2BB87A343A8DFE42F9C53BE563D99A3" 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_E2BB87A343A8DFE42F9C53BE563D99A3_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_E2BB87A343A8DFE42F9C53BE563D99A3" 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-20140930.xsd#ocn_IndemnificationObligationsLiability" xlink:label="loc_ocn_IndemnificationObligationsLiability_E2BB87A343A8DFE42F9C53BE563D99A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiability_E2BB87A343A8DFE42F9C53BE563D99A3" xlink:to="lab_ocn_IndemnificationObligationsLiability_E2BB87A343A8DFE42F9C53BE563D99A3" xlink:type="arc" />
    <link:label id="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_523D66DF668BF50DA3F453BE563D68E4_terseLabel_en-US" xlink:label="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_523D66DF668BF50DA3F453BE563D68E4" 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_523D66DF668BF50DA3F453BE563D68E4_label_en-US" xlink:label="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_523D66DF668BF50DA3F453BE563D68E4" 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_523D66DF668BF50DA3F453BE563D68E4_documentation_en-US" xlink:label="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_523D66DF668BF50DA3F453BE563D68E4" 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-20140930.xsd#ocn_ProvisionForRepresentationAndWarrantyObligations" xlink:label="loc_ocn_ProvisionForRepresentationAndWarrantyObligations_523D66DF668BF50DA3F453BE563D68E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProvisionForRepresentationAndWarrantyObligations_523D66DF668BF50DA3F453BE563D68E4" xlink:to="lab_ocn_ProvisionForRepresentationAndWarrantyObligations_523D66DF668BF50DA3F453BE563D68E4" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityReserves_C9D5CA96581276325CDD53BE563D38AD_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityReserves_C9D5CA96581276325CDD53BE563D38AD" 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_C9D5CA96581276325CDD53BE563D38AD_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityReserves_C9D5CA96581276325CDD53BE563D38AD" 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_C9D5CA96581276325CDD53BE563D38AD_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityReserves_C9D5CA96581276325CDD53BE563D38AD" 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-20140930.xsd#ocn_IndemnificationObligationsLiabilityReserves" xlink:label="loc_ocn_IndemnificationObligationsLiabilityReserves_C9D5CA96581276325CDD53BE563D38AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityReserves_C9D5CA96581276325CDD53BE563D38AD" xlink:to="lab_ocn_IndemnificationObligationsLiabilityReserves_C9D5CA96581276325CDD53BE563D38AD" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_119E91CB926DCDB7C6FB541533040E87_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_119E91CB926DCDB7C6FB541533040E87" 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_119E91CB926DCDB7C6FB541533040E87_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_119E91CB926DCDB7C6FB541533040E87" 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_119E91CB926DCDB7C6FB541533040E87_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_119E91CB926DCDB7C6FB541533040E87" 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-20140930.xsd#ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions" xlink:label="loc_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_119E91CB926DCDB7C6FB541533040E87" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_119E91CB926DCDB7C6FB541533040E87" xlink:to="lab_ocn_IndemnificationObligationsAssumedWithMSRAndServicingBusinessAcquisitions_119E91CB926DCDB7C6FB541533040E87" xlink:type="arc" />
    <link:label id="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_03C43929621767A0C19C53BE563D426A_negatedTerseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_03C43929621767A0C19C53BE563D426A" 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_03C43929621767A0C19C53BE563D426A_label_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_03C43929621767A0C19C53BE563D426A" 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_03C43929621767A0C19C53BE563D426A_documentation_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_03C43929621767A0C19C53BE563D426A" 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-20140930.xsd#ocn_IndemnificationObligationsLiabilityChargeOffs" xlink:label="loc_ocn_IndemnificationObligationsLiabilityChargeOffs_03C43929621767A0C19C53BE563D426A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IndemnificationObligationsLiabilityChargeOffs_03C43929621767A0C19C53BE563D426A" xlink:to="lab_ocn_IndemnificationObligationsLiabilityChargeOffs_03C43929621767A0C19C53BE563D426A" xlink:type="arc" />
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    <link:label id="lab_ocn_MatchFundedAdvancesTable_23136C70DECD5AB5A00A53BE58099248_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTable_23136C70DECD5AB5A00A53BE58099248" 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_23136C70DECD5AB5A00A53BE58099248_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTable_23136C70DECD5AB5A00A53BE58099248" 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-20140930.xsd#ocn_MatchFundedAdvancesTable" xlink:label="loc_ocn_MatchFundedAdvancesTable_23136C70DECD5AB5A00A53BE58099248" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesTable_23136C70DECD5AB5A00A53BE58099248" xlink:to="lab_ocn_MatchFundedAdvancesTable_23136C70DECD5AB5A00A53BE58099248" xlink:type="arc" />
    <link:label id="lab_us-gaap_ResidentialMortgageMember_8E207E7AB83FA461958F53BE580911C9_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialMortgageMember_8E207E7AB83FA461958F53BE580911C9" 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_8E207E7AB83FA461958F53BE580911C9_label_en-US" xlink:label="lab_us-gaap_ResidentialMortgageMember_8E207E7AB83FA461958F53BE580911C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Residential Mortgage [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialMortgageMember" xlink:label="loc_us-gaap_ResidentialMortgageMember_8E207E7AB83FA461958F53BE580911C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResidentialMortgageMember_8E207E7AB83FA461958F53BE580911C9" xlink:to="lab_us-gaap_ResidentialMortgageMember_8E207E7AB83FA461958F53BE580911C9" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesLineItems_129D9B031D85CA9365B653BE58092C27_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesLineItems_129D9B031D85CA9365B653BE58092C27" 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_129D9B031D85CA9365B653BE58092C27_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesLineItems_129D9B031D85CA9365B653BE58092C27" 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_129D9B031D85CA9365B653BE58092C27_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesLineItems_129D9B031D85CA9365B653BE58092C27" 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-20140930.xsd#ocn_MatchFundedAdvancesLineItems" xlink:label="loc_ocn_MatchFundedAdvancesLineItems_129D9B031D85CA9365B653BE58092C27" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesLineItems_129D9B031D85CA9365B653BE58092C27" xlink:to="lab_ocn_MatchFundedAdvancesLineItems_129D9B031D85CA9365B653BE58092C27" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesRollForward_7F3F55D472561D130F6653BE580990F0_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesRollForward_7F3F55D472561D130F6653BE580990F0" 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_7F3F55D472561D130F6653BE580990F0_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesRollForward_7F3F55D472561D130F6653BE580990F0" 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_7F3F55D472561D130F6653BE580990F0_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesRollForward_7F3F55D472561D130F6653BE580990F0" 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-20140930.xsd#ocn_MatchFundedAdvancesRollForward" xlink:label="loc_ocn_MatchFundedAdvancesRollForward_7F3F55D472561D130F6653BE580990F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesRollForward_7F3F55D472561D130F6653BE580990F0" xlink:to="lab_ocn_MatchFundedAdvancesRollForward_7F3F55D472561D130F6653BE580990F0" xlink:type="arc" />
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_B1DA6CBB65A7BD1431F253BE58091884_periodStartLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_B1DA6CBB65A7BD1431F253BE58091884" 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_B1DA6CBB65A7BD1431F253BE58091884_label_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_B1DA6CBB65A7BD1431F253BE58091884" 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_B1DA6CBB65A7BD1431F253BE58091884_documentation_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_B1DA6CBB65A7BD1431F253BE58091884" 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-20140930.xsd#ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:label="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_B1DA6CBB65A7BD1431F253BE58091884" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_B1DA6CBB65A7BD1431F253BE58091884" xlink:to="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_B1DA6CBB65A7BD1431F253BE58091884" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_668780CC75AA2C90225453BE5809AC17_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_668780CC75AA2C90225453BE5809AC17" 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_668780CC75AA2C90225453BE5809AC17_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_668780CC75AA2C90225453BE5809AC17" 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_668780CC75AA2C90225453BE5809AC17_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_668780CC75AA2C90225453BE5809AC17" 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-20140930.xsd#ocn_MatchFundedAdvancesAcquiredDuringPeriod" xlink:label="loc_ocn_MatchFundedAdvancesAcquiredDuringPeriod_668780CC75AA2C90225453BE5809AC17" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesAcquiredDuringPeriod_668780CC75AA2C90225453BE5809AC17" xlink:to="lab_ocn_MatchFundedAdvancesAcquiredDuringPeriod_668780CC75AA2C90225453BE5809AC17" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesTransfers_35C34AD62867FB9BB2D853BE5809E340_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTransfers_35C34AD62867FB9BB2D853BE5809E340" 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_35C34AD62867FB9BB2D853BE5809E340_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTransfers_35C34AD62867FB9BB2D853BE5809E340" 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_35C34AD62867FB9BB2D853BE5809E340_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesTransfers_35C34AD62867FB9BB2D853BE5809E340" 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-20140930.xsd#ocn_MatchFundedAdvancesTransfers" xlink:label="loc_ocn_MatchFundedAdvancesTransfers_35C34AD62867FB9BB2D853BE5809E340" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesTransfers_35C34AD62867FB9BB2D853BE5809E340" xlink:to="lab_ocn_MatchFundedAdvancesTransfers_35C34AD62867FB9BB2D853BE5809E340" xlink:type="arc" />
    <link:label id="lab_ocn_SaleOfMatchFundedAdvances_D05EA55729A988BC9FD553BE58090255_negatedTerseLabel_en-US" xlink:label="lab_ocn_SaleOfMatchFundedAdvances_D05EA55729A988BC9FD553BE58090255" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Sales of advances to HLSS</link:label>
    <link:label id="lab_ocn_SaleOfMatchFundedAdvances_D05EA55729A988BC9FD553BE58090255_label_en-US" xlink:label="lab_ocn_SaleOfMatchFundedAdvances_D05EA55729A988BC9FD553BE58090255" 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_D05EA55729A988BC9FD553BE58090255_documentation_en-US" xlink:label="lab_ocn_SaleOfMatchFundedAdvances_D05EA55729A988BC9FD553BE58090255" 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-20140930.xsd#ocn_SaleOfMatchFundedAdvances" xlink:label="loc_ocn_SaleOfMatchFundedAdvances_D05EA55729A988BC9FD553BE58090255" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SaleOfMatchFundedAdvances_D05EA55729A988BC9FD553BE58090255" xlink:to="lab_ocn_SaleOfMatchFundedAdvances_D05EA55729A988BC9FD553BE58090255" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedAdvancesCollections_2542759A195DAEFD906153BE58093032_negatedTerseLabel_en-US" xlink:label="lab_ocn_MatchFundedAdvancesCollections_2542759A195DAEFD906153BE58093032" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Collections, net of new advances and other</link:label>
    <link:label id="lab_ocn_MatchFundedAdvancesCollections_2542759A195DAEFD906153BE58093032_label_en-US" xlink:label="lab_ocn_MatchFundedAdvancesCollections_2542759A195DAEFD906153BE58093032" 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_2542759A195DAEFD906153BE58093032_documentation_en-US" xlink:label="lab_ocn_MatchFundedAdvancesCollections_2542759A195DAEFD906153BE58093032" 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-20140930.xsd#ocn_MatchFundedAdvancesCollections" xlink:label="loc_ocn_MatchFundedAdvancesCollections_2542759A195DAEFD906153BE58093032" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedAdvancesCollections_2542759A195DAEFD906153BE58093032" xlink:to="lab_ocn_MatchFundedAdvancesCollections_2542759A195DAEFD906153BE58093032" xlink:type="arc" />
    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F8B08F26A3226267D6E753BE5809D523_periodEndLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F8B08F26A3226267D6E753BE5809D523" 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-20140930.xsd#ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:label="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F8B08F26A3226267D6E753BE5809D523" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F8B08F26A3226267D6E753BE5809D523" xlink:to="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_F8B08F26A3226267D6E753BE5809D523" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_3BFF19ADE065D79E00FFF52643A164DA_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_3BFF19ADE065D79E00FFF52643A164DA" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_3BFF19ADE065D79E00FFF52643A164DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_3BFF19ADE065D79E00FFF52643A164DA" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_3BFF19ADE065D79E00FFF52643A164DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfChangeInAccountingEstimateTextBlock_3E4373DCCBF7333523D9F52643A19329_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfChangeInAccountingEstimateTextBlock_3E4373DCCBF7333523D9F52643A19329" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Change in Accounting Estimate</link:label>
    <link:label id="lab_us-gaap_ScheduleOfChangeInAccountingEstimateTextBlock_3E4373DCCBF7333523D9F52643A19329_label_en-US" xlink:label="lab_us-gaap_ScheduleOfChangeInAccountingEstimateTextBlock_3E4373DCCBF7333523D9F52643A19329" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Change in Accounting Estimate [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfChangeInAccountingEstimateTextBlock" xlink:label="loc_us-gaap_ScheduleOfChangeInAccountingEstimateTextBlock_3E4373DCCBF7333523D9F52643A19329" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfChangeInAccountingEstimateTextBlock_3E4373DCCBF7333523D9F52643A19329" xlink:to="lab_us-gaap_ScheduleOfChangeInAccountingEstimateTextBlock_3E4373DCCBF7333523D9F52643A19329" xlink:type="arc" />
    <link:label id="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_722D949E7C15C75F6D2C14A9DDFFA64F_terseLabel_en-US" xlink:label="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_722D949E7C15C75F6D2C14A9DDFFA64F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital requirement, unpaid principal balance</link:label>
    <link:label id="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_722D949E7C15C75F6D2C14A9DDFFA64F_label_en-US" xlink:label="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_722D949E7C15C75F6D2C14A9DDFFA64F" 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_722D949E7C15C75F6D2C14A9DDFFA64F_documentation_en-US" xlink:label="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_722D949E7C15C75F6D2C14A9DDFFA64F" 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-20140930.xsd#ocn_CapitalRequirementUnpaidPrincipalBalance" xlink:label="loc_ocn_CapitalRequirementUnpaidPrincipalBalance_722D949E7C15C75F6D2C14A9DDFFA64F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CapitalRequirementUnpaidPrincipalBalance_722D949E7C15C75F6D2C14A9DDFFA64F" xlink:to="lab_ocn_CapitalRequirementUnpaidPrincipalBalance_722D949E7C15C75F6D2C14A9DDFFA64F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityAbstract_9435D50529820792D84DF526474BB208_label_en-US" xlink:label="lab_us-gaap_EquityAbstract_9435D50529820792D84DF526474BB208" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityAbstract" xlink:label="loc_us-gaap_EquityAbstract_9435D50529820792D84DF526474BB208" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityAbstract_9435D50529820792D84DF526474BB208" xlink:to="lab_us-gaap_EquityAbstract_9435D50529820792D84DF526474BB208" xlink:type="arc" />
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_7C29DF26557CE832562114A9DE049B73" xlink:to="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_7C29DF26557CE832562114A9DE049B73" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationMember_A10E0D040E5005D298CA14A9DE054A25_verboseLabel_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_A10E0D040E5005D298CA14A9DE054A25" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">AAMC [Member]</link:label>
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationMember_A10E0D040E5005D298CA14A9DE054A25_label_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_A10E0D040E5005D298CA14A9DE054A25" 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_A10E0D040E5005D298CA14A9DE054A25_documentation_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_A10E0D040E5005D298CA14A9DE054A25" 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-20140930.xsd#ocn_AltisourceAssetManagementCorporationMember" xlink:label="loc_ocn_AltisourceAssetManagementCorporationMember_A10E0D040E5005D298CA14A9DE054A25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceAssetManagementCorporationMember_A10E0D040E5005D298CA14A9DE054A25" xlink:to="lab_ocn_AltisourceAssetManagementCorporationMember_A10E0D040E5005D298CA14A9DE054A25" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceResidentialLpMember_6148988F9EBAB8A3788D14A9DE055FAE_verboseLabel_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_6148988F9EBAB8A3788D14A9DE055FAE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Residential [Member]</link:label>
    <link:label id="lab_ocn_AltisourceResidentialLpMember_6148988F9EBAB8A3788D14A9DE055FAE_label_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_6148988F9EBAB8A3788D14A9DE055FAE" 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_6148988F9EBAB8A3788D14A9DE055FAE_documentation_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_6148988F9EBAB8A3788D14A9DE055FAE" 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-20140930.xsd#ocn_AltisourceResidentialLpMember" xlink:label="loc_ocn_AltisourceResidentialLpMember_6148988F9EBAB8A3788D14A9DE055FAE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceResidentialLpMember_6148988F9EBAB8A3788D14A9DE055FAE" xlink:to="lab_ocn_AltisourceResidentialLpMember_6148988F9EBAB8A3788D14A9DE055FAE" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_33FAC6F9FDEC6A5D94CC14A9DE05DE30_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_33FAC6F9FDEC6A5D94CC14A9DE05DE30" 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_33FAC6F9FDEC6A5D94CC14A9DE05DE30_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_33FAC6F9FDEC6A5D94CC14A9DE05DE30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="loc_us-gaap_RelatedPartyTransactionLineItems_33FAC6F9FDEC6A5D94CC14A9DE05DE30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionLineItems_33FAC6F9FDEC6A5D94CC14A9DE05DE30" xlink:to="lab_us-gaap_RelatedPartyTransactionLineItems_33FAC6F9FDEC6A5D94CC14A9DE05DE30" xlink:type="arc" />
    <link:label id="lab_ocn_NetReceivablePayableAbstract_7B08EE524122A6EE422A14A9DE0517E3_terseLabel_en-US" xlink:label="lab_ocn_NetReceivablePayableAbstract_7B08EE524122A6EE422A14A9DE0517E3" 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_7B08EE524122A6EE422A14A9DE0517E3_label_en-US" xlink:label="lab_ocn_NetReceivablePayableAbstract_7B08EE524122A6EE422A14A9DE0517E3" 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_7B08EE524122A6EE422A14A9DE0517E3_documentation_en-US" xlink:label="lab_ocn_NetReceivablePayableAbstract_7B08EE524122A6EE422A14A9DE0517E3" 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-20140930.xsd#ocn_NetReceivablePayableAbstract" xlink:label="loc_ocn_NetReceivablePayableAbstract_7B08EE524122A6EE422A14A9DE0517E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NetReceivablePayableAbstract_7B08EE524122A6EE422A14A9DE0517E3" xlink:to="lab_ocn_NetReceivablePayableAbstract_7B08EE524122A6EE422A14A9DE0517E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_01E99DCF896E4E94BB4614A9DE0592DC_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_01E99DCF896E4E94BB4614A9DE0592DC" 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_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_01E99DCF896E4E94BB4614A9DE0592DC_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_01E99DCF896E4E94BB4614A9DE0592DC" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xlink:label="loc_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_01E99DCF896E4E94BB4614A9DE0592DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_01E99DCF896E4E94BB4614A9DE0592DC" xlink:to="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_01E99DCF896E4E94BB4614A9DE0592DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_1C28FD45AD595ADAA18653BE56D3E757_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_1C28FD45AD595ADAA18653BE56D3E757" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchase of common stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodValue_1C28FD45AD595ADAA18653BE56D3E757" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodValue_1C28FD45AD595ADAA18653BE56D3E757" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodValue_1C28FD45AD595ADAA18653BE56D3E757" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_2D96B041BFA91A10B13A53BE56D3DF1F_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_2D96B041BFA91A10B13A53BE56D3DF1F" 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:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodShares_2D96B041BFA91A10B13A53BE56D3DF1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodShares_2D96B041BFA91A10B13A53BE56D3DF1F" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodShares_2D96B041BFA91A10B13A53BE56D3DF1F" xlink:type="arc" />
    <link:label id="lab_ocn_NumberOfPreferredSharesToBeConverted_9E9CA974ECF8166F8F6553BE56D33E8E_terseLabel_en-US" xlink:label="lab_ocn_NumberOfPreferredSharesToBeConverted_9E9CA974ECF8166F8F6553BE56D33E8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of preferred shares to be converted (in shares)</link:label>
    <link:label id="lab_ocn_NumberOfPreferredSharesToBeConverted_9E9CA974ECF8166F8F6553BE56D33E8E_label_en-US" xlink:label="lab_ocn_NumberOfPreferredSharesToBeConverted_9E9CA974ECF8166F8F6553BE56D33E8E" 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_9E9CA974ECF8166F8F6553BE56D33E8E_documentation_en-US" xlink:label="lab_ocn_NumberOfPreferredSharesToBeConverted_9E9CA974ECF8166F8F6553BE56D33E8E" 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-20140930.xsd#ocn_NumberOfPreferredSharesToBeConverted" xlink:label="loc_ocn_NumberOfPreferredSharesToBeConverted_9E9CA974ECF8166F8F6553BE56D33E8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberOfPreferredSharesToBeConverted_9E9CA974ECF8166F8F6553BE56D33E8E" xlink:to="lab_ocn_NumberOfPreferredSharesToBeConverted_9E9CA974ECF8166F8F6553BE56D33E8E" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount_E95F02B63D0CF6A6B28353BE56D3BE3D_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount_E95F02B63D0CF6A6B28353BE56D3BE3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock repurchase program, authorized amount</link:label>
    <link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount_E95F02B63D0CF6A6B28353BE56D3BE3D_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount_E95F02B63D0CF6A6B28353BE56D3BE3D" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount" xlink:label="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount_E95F02B63D0CF6A6B28353BE56D3BE3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount_E95F02B63D0CF6A6B28353BE56D3BE3D" xlink:to="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount_E95F02B63D0CF6A6B28353BE56D3BE3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_7FA69762DF54535318B653BE56D33D46_terseLabel_en-US" xlink:label="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_7FA69762DF54535318B653BE56D33D46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock redeemed or called during period, value</link:label>
    <link:label id="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_7FA69762DF54535318B653BE56D33D46_label_en-US" xlink:label="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_7FA69762DF54535318B653BE56D33D46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Redeemed or Called During Period, Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:label="loc_us-gaap_StockRedeemedOrCalledDuringPeriodValue_7FA69762DF54535318B653BE56D33D46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRedeemedOrCalledDuringPeriodValue_7FA69762DF54535318B653BE56D33D46" xlink:to="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_7FA69762DF54535318B653BE56D33D46" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionTable_54A87B99FD477756F69310753DD9A125_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionTable_54A87B99FD477756F69310753DD9A125" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument Redemption [Table]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionTable_54A87B99FD477756F69310753DD9A125_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionTable_54A87B99FD477756F69310753DD9A125" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Redemption [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRedemptionTable" xlink:label="loc_us-gaap_DebtInstrumentRedemptionTable_54A87B99FD477756F69310753DD9A125" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionTable_54A87B99FD477756F69310753DD9A125" xlink:to="lab_us-gaap_DebtInstrumentRedemptionTable_54A87B99FD477756F69310753DD9A125" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnsecuredDebtMember_7D155A4139888749AE0710753DDAAD25_terseLabel_en-US" xlink:label="lab_us-gaap_UnsecuredDebtMember_7D155A4139888749AE0710753DDAAD25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unsecured Debt [Member]</link:label>
    <link:label id="lab_us-gaap_UnsecuredDebtMember_7D155A4139888749AE0710753DDAAD25_label_en-US" xlink:label="lab_us-gaap_UnsecuredDebtMember_7D155A4139888749AE0710753DDAAD25" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnsecuredDebtMember" xlink:label="loc_us-gaap_UnsecuredDebtMember_7D155A4139888749AE0710753DDAAD25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnsecuredDebtMember_7D155A4139888749AE0710753DDAAD25" xlink:to="lab_us-gaap_UnsecuredDebtMember_7D155A4139888749AE0710753DDAAD25" xlink:type="arc" />
    <link:label id="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_5F2988133F982AB1289210753DDA3A19_terseLabel_en-US" xlink:label="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_5F2988133F982AB1289210753DDA3A19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">6.625% Senior Notes due 2019</link:label>
    <link:label id="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_5F2988133F982AB1289210753DDA3A19_label_en-US" xlink:label="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_5F2988133F982AB1289210753DDA3A19" 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_5F2988133F982AB1289210753DDA3A19_documentation_en-US" xlink:label="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_5F2988133F982AB1289210753DDA3A19" 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-20140930.xsd#ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember" xlink:label="loc_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_5F2988133F982AB1289210753DDA3A19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_5F2988133F982AB1289210753DDA3A19" xlink:to="lab_ocn_SixPointSixTwoFivePercentSeniorNotesDueTwoThousandNineteenMember_5F2988133F982AB1289210753DDA3A19" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_5AB471F1AAA07C7E6E8B10753DDACD12_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_5AB471F1AAA07C7E6E8B10753DDACD12" 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_5AB471F1AAA07C7E6E8B10753DDACD12_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_5AB471F1AAA07C7E6E8B10753DDACD12" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodAxis" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodAxis_5AB471F1AAA07C7E6E8B10753DDACD12" xlink:type="locator" />
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    <link:label id="lab_ocn_OptionAxis_CE832C59337B413EE4D961A2BFD847A7_terseLabel_en-US" xlink:label="lab_ocn_OptionAxis_CE832C59337B413EE4D961A2BFD847A7" 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_CE832C59337B413EE4D961A2BFD847A7_label_en-US" xlink:label="lab_ocn_OptionAxis_CE832C59337B413EE4D961A2BFD847A7" 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_CE832C59337B413EE4D961A2BFD847A7_documentation_en-US" xlink:label="lab_ocn_OptionAxis_CE832C59337B413EE4D961A2BFD847A7" 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-20140930.xsd#ocn_OptionAxis" xlink:label="loc_ocn_OptionAxis_CE832C59337B413EE4D961A2BFD847A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OptionAxis_CE832C59337B413EE4D961A2BFD847A7" xlink:to="lab_ocn_OptionAxis_CE832C59337B413EE4D961A2BFD847A7" xlink:type="arc" />
    <link:label id="lab_ocn_OptionDomain_6B533CA48CB1F726EA3161A2BFD823A0_terseLabel_en-US" xlink:label="lab_ocn_OptionDomain_6B533CA48CB1F726EA3161A2BFD823A0" 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_6B533CA48CB1F726EA3161A2BFD823A0_label_en-US" xlink:label="lab_ocn_OptionDomain_6B533CA48CB1F726EA3161A2BFD823A0" 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_6B533CA48CB1F726EA3161A2BFD823A0_documentation_en-US" xlink:label="lab_ocn_OptionDomain_6B533CA48CB1F726EA3161A2BFD823A0" 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-20140930.xsd#ocn_OptionDomain" xlink:label="loc_ocn_OptionDomain_6B533CA48CB1F726EA3161A2BFD823A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OptionDomain_6B533CA48CB1F726EA3161A2BFD823A0" xlink:to="lab_ocn_OptionDomain_6B533CA48CB1F726EA3161A2BFD823A0" xlink:type="arc" />
    <link:label id="lab_ocn_Option1Member_A553CB0A9C0BDC1E96BF61A2BFDA8F0A_terseLabel_en-US" xlink:label="lab_ocn_Option1Member_A553CB0A9C0BDC1E96BF61A2BFDA8F0A" 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_A553CB0A9C0BDC1E96BF61A2BFDA8F0A_label_en-US" xlink:label="lab_ocn_Option1Member_A553CB0A9C0BDC1E96BF61A2BFDA8F0A" 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_A553CB0A9C0BDC1E96BF61A2BFDA8F0A_documentation_en-US" xlink:label="lab_ocn_Option1Member_A553CB0A9C0BDC1E96BF61A2BFDA8F0A" 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-20140930.xsd#ocn_Option1Member" xlink:label="loc_ocn_Option1Member_A553CB0A9C0BDC1E96BF61A2BFDA8F0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option1Member_A553CB0A9C0BDC1E96BF61A2BFDA8F0A" xlink:to="lab_ocn_Option1Member_A553CB0A9C0BDC1E96BF61A2BFDA8F0A" xlink:type="arc" />
    <link:label id="lab_ocn_Option1BMember_7B49E9E329520ADB584C61A2BFDA9C37_terseLabel_en-US" xlink:label="lab_ocn_Option1BMember_7B49E9E329520ADB584C61A2BFDA9C37" 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_7B49E9E329520ADB584C61A2BFDA9C37_label_en-US" xlink:label="lab_ocn_Option1BMember_7B49E9E329520ADB584C61A2BFDA9C37" 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_7B49E9E329520ADB584C61A2BFDA9C37_documentation_en-US" xlink:label="lab_ocn_Option1BMember_7B49E9E329520ADB584C61A2BFDA9C37" 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-20140930.xsd#ocn_Option1BMember" xlink:label="loc_ocn_Option1BMember_7B49E9E329520ADB584C61A2BFDA9C37" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option1BMember_7B49E9E329520ADB584C61A2BFDA9C37" xlink:to="lab_ocn_Option1BMember_7B49E9E329520ADB584C61A2BFDA9C37" xlink:type="arc" />
    <link:label id="lab_ocn_Option1CMember_1AB6DC0DDA18CFF933E861A2BFDA9B48_terseLabel_en-US" xlink:label="lab_ocn_Option1CMember_1AB6DC0DDA18CFF933E861A2BFDA9B48" 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_1AB6DC0DDA18CFF933E861A2BFDA9B48_label_en-US" xlink:label="lab_ocn_Option1CMember_1AB6DC0DDA18CFF933E861A2BFDA9B48" 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_1AB6DC0DDA18CFF933E861A2BFDA9B48_documentation_en-US" xlink:label="lab_ocn_Option1CMember_1AB6DC0DDA18CFF933E861A2BFDA9B48" 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-20140930.xsd#ocn_Option1CMember" xlink:label="loc_ocn_Option1CMember_1AB6DC0DDA18CFF933E861A2BFDA9B48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option1CMember_1AB6DC0DDA18CFF933E861A2BFDA9B48" xlink:to="lab_ocn_Option1CMember_1AB6DC0DDA18CFF933E861A2BFDA9B48" xlink:type="arc" />
    <link:label id="lab_ocn_Option2Member_7B67889228C48AED41A461A2BFDA9852_terseLabel_en-US" xlink:label="lab_ocn_Option2Member_7B67889228C48AED41A461A2BFDA9852" 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_7B67889228C48AED41A461A2BFDA9852_label_en-US" xlink:label="lab_ocn_Option2Member_7B67889228C48AED41A461A2BFDA9852" 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_7B67889228C48AED41A461A2BFDA9852_documentation_en-US" xlink:label="lab_ocn_Option2Member_7B67889228C48AED41A461A2BFDA9852" 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-20140930.xsd#ocn_Option2Member" xlink:label="loc_ocn_Option2Member_7B67889228C48AED41A461A2BFDA9852" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_Option2Member_7B67889228C48AED41A461A2BFDA9852" xlink:to="lab_ocn_Option2Member_7B67889228C48AED41A461A2BFDA9852" xlink:type="arc" />
    <link:label id="lab_ocn_CorporateItemsAndOtherMember_B3B07CEA6A09CD5ED2B261A2BFDA4CD6_terseLabel_en-US" xlink:label="lab_ocn_CorporateItemsAndOtherMember_B3B07CEA6A09CD5ED2B261A2BFDA4CD6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Items and Other [Member]</link:label>
    <link:label id="lab_ocn_CorporateItemsAndOtherMember_B3B07CEA6A09CD5ED2B261A2BFDA4CD6_label_en-US" xlink:label="lab_ocn_CorporateItemsAndOtherMember_B3B07CEA6A09CD5ED2B261A2BFDA4CD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Items And Other [Member]</link:label>
    <link:label id="lab_ocn_CorporateItemsAndOtherMember_B3B07CEA6A09CD5ED2B261A2BFDA4CD6_documentation_en-US" xlink:label="lab_ocn_CorporateItemsAndOtherMember_B3B07CEA6A09CD5ED2B261A2BFDA4CD6" 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-20140930.xsd#ocn_CorporateItemsAndOtherMember" xlink:label="loc_ocn_CorporateItemsAndOtherMember_B3B07CEA6A09CD5ED2B261A2BFDA4CD6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CorporateItemsAndOtherMember_B3B07CEA6A09CD5ED2B261A2BFDA4CD6" xlink:to="lab_ocn_CorporateItemsAndOtherMember_B3B07CEA6A09CD5ED2B261A2BFDA4CD6" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityAxis_3A51577339E4330D448D61A2BFDAC46F_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_3A51577339E4330D448D61A2BFDAC46F" 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_3A51577339E4330D448D61A2BFDAC46F_label_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_3A51577339E4330D448D61A2BFDAC46F" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_us-gaap_CreditFacilityAxis_3A51577339E4330D448D61A2BFDAC46F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityAxis_3A51577339E4330D448D61A2BFDAC46F" xlink:to="lab_us-gaap_CreditFacilityAxis_3A51577339E4330D448D61A2BFDAC46F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityDomain_872AD5D12531876EB22261A2BFDA99F7_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_872AD5D12531876EB22261A2BFDA99F7" 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_872AD5D12531876EB22261A2BFDA99F7_label_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_872AD5D12531876EB22261A2BFDA99F7" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_872AD5D12531876EB22261A2BFDA99F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityDomain_872AD5D12531876EB22261A2BFDA99F7" xlink:to="lab_us-gaap_CreditFacilityDomain_872AD5D12531876EB22261A2BFDA99F7" xlink:type="arc" />
    <link:label id="lab_ocn_SeniorSecuredTermLoan2Member_B668F7DAC2462161106461A2BFDA7F95_terseLabel_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoan2Member_B668F7DAC2462161106461A2BFDA7F95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Secured Term Loan 2 [Member]</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoan2Member_B668F7DAC2462161106461A2BFDA7F95_label_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoan2Member_B668F7DAC2462161106461A2BFDA7F95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Secured Term Loan 2 [Member]</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoan2Member_B668F7DAC2462161106461A2BFDA7F95_documentation_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoan2Member_B668F7DAC2462161106461A2BFDA7F95" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Secured Term Loan 2 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_SeniorSecuredTermLoan2Member" xlink:label="loc_ocn_SeniorSecuredTermLoan2Member_B668F7DAC2462161106461A2BFDA7F95" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeniorSecuredTermLoan2Member_B668F7DAC2462161106461A2BFDA7F95" xlink:to="lab_ocn_SeniorSecuredTermLoan2Member_B668F7DAC2462161106461A2BFDA7F95" xlink:type="arc" />
    <link:label id="lab_ocn_RepurchaseAgreementMember_74D53671C4A53729BEBF61A2BFDA668F_terseLabel_en-US" xlink:label="lab_ocn_RepurchaseAgreementMember_74D53671C4A53729BEBF61A2BFDA668F" 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_74D53671C4A53729BEBF61A2BFDA668F_label_en-US" xlink:label="lab_ocn_RepurchaseAgreementMember_74D53671C4A53729BEBF61A2BFDA668F" 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_74D53671C4A53729BEBF61A2BFDA668F_documentation_en-US" xlink:label="lab_ocn_RepurchaseAgreementMember_74D53671C4A53729BEBF61A2BFDA668F" 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-20140930.xsd#ocn_RepurchaseAgreementMember" xlink:label="loc_ocn_RepurchaseAgreementMember_74D53671C4A53729BEBF61A2BFDA668F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RepurchaseAgreementMember_74D53671C4A53729BEBF61A2BFDA668F" xlink:to="lab_ocn_RepurchaseAgreementMember_74D53671C4A53729BEBF61A2BFDA668F" xlink:type="arc" />
    <link:label id="lab_ocn_ParticipationAgreementMember_456E810945BFF789D71261A2BFDA9593_terseLabel_en-US" xlink:label="lab_ocn_ParticipationAgreementMember_456E810945BFF789D71261A2BFDA9593" 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_456E810945BFF789D71261A2BFDA9593_label_en-US" xlink:label="lab_ocn_ParticipationAgreementMember_456E810945BFF789D71261A2BFDA9593" 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_456E810945BFF789D71261A2BFDA9593_documentation_en-US" xlink:label="lab_ocn_ParticipationAgreementMember_456E810945BFF789D71261A2BFDA9593" 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-20140930.xsd#ocn_ParticipationAgreementMember" xlink:label="loc_ocn_ParticipationAgreementMember_456E810945BFF789D71261A2BFDA9593" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ParticipationAgreementMember_456E810945BFF789D71261A2BFDA9593" xlink:to="lab_ocn_ParticipationAgreementMember_456E810945BFF789D71261A2BFDA9593" xlink:type="arc" />
    <link:label id="lab_ocn_MasterRepurchaseAgreementMember_77896BD5B7BCE64D0BEC61A2BFDAB611_terseLabel_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementMember_77896BD5B7BCE64D0BEC61A2BFDAB611" 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_77896BD5B7BCE64D0BEC61A2BFDAB611_label_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementMember_77896BD5B7BCE64D0BEC61A2BFDAB611" 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_77896BD5B7BCE64D0BEC61A2BFDAB611_documentation_en-US" xlink:label="lab_ocn_MasterRepurchaseAgreementMember_77896BD5B7BCE64D0BEC61A2BFDAB611" 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-20140930.xsd#ocn_MasterRepurchaseAgreementMember" xlink:label="loc_ocn_MasterRepurchaseAgreementMember_77896BD5B7BCE64D0BEC61A2BFDAB611" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MasterRepurchaseAgreementMember_77896BD5B7BCE64D0BEC61A2BFDAB611" xlink:to="lab_ocn_MasterRepurchaseAgreementMember_77896BD5B7BCE64D0BEC61A2BFDAB611" xlink:type="arc" />
    <link:label id="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_0F110B36B8F3F58FBA6D61A2BFDA84B6_terseLabel_en-US" xlink:label="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_0F110B36B8F3F58FBA6D61A2BFDA84B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities Sold Under Agreement To Repurchase [Member]</link:label>
    <link:label id="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_0F110B36B8F3F58FBA6D61A2BFDA84B6_label_en-US" xlink:label="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_0F110B36B8F3F58FBA6D61A2BFDA84B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Sold Under Agreement To Repurchase [Member]</link:label>
    <link:label id="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_0F110B36B8F3F58FBA6D61A2BFDA84B6_documentation_en-US" xlink:label="lab_ocn_SecuritiesSoldUnderAgreementToRepurchaseMember_0F110B36B8F3F58FBA6D61A2BFDA84B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Specific secured line of credit.</link:label>
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    <link:label id="lab_ocn_InterestMarginPeriodAxis_D4FDC3D3FD21A96A07BF61A2BFDA5AAB_terseLabel_en-US" xlink:label="lab_ocn_InterestMarginPeriodAxis_D4FDC3D3FD21A96A07BF61A2BFDA5AAB" 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_D4FDC3D3FD21A96A07BF61A2BFDA5AAB_label_en-US" xlink:label="lab_ocn_InterestMarginPeriodAxis_D4FDC3D3FD21A96A07BF61A2BFDA5AAB" 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_D4FDC3D3FD21A96A07BF61A2BFDA5AAB_documentation_en-US" xlink:label="lab_ocn_InterestMarginPeriodAxis_D4FDC3D3FD21A96A07BF61A2BFDA5AAB" 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-20140930.xsd#ocn_InterestMarginPeriodAxis" xlink:label="loc_ocn_InterestMarginPeriodAxis_D4FDC3D3FD21A96A07BF61A2BFDA5AAB" xlink:type="locator" />
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    <link:label id="lab_ocn_InterestMarginPeriodDomain_3625A256FE6F81A73B9661A2BFDA3F01_terseLabel_en-US" xlink:label="lab_ocn_InterestMarginPeriodDomain_3625A256FE6F81A73B9661A2BFDA3F01" 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_3625A256FE6F81A73B9661A2BFDA3F01_label_en-US" xlink:label="lab_ocn_InterestMarginPeriodDomain_3625A256FE6F81A73B9661A2BFDA3F01" 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_3625A256FE6F81A73B9661A2BFDA3F01_documentation_en-US" xlink:label="lab_ocn_InterestMarginPeriodDomain_3625A256FE6F81A73B9661A2BFDA3F01" 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-20140930.xsd#ocn_InterestMarginPeriodDomain" xlink:label="loc_ocn_InterestMarginPeriodDomain_3625A256FE6F81A73B9661A2BFDA3F01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_InterestMarginPeriodDomain_3625A256FE6F81A73B9661A2BFDA3F01" xlink:to="lab_ocn_InterestMarginPeriodDomain_3625A256FE6F81A73B9661A2BFDA3F01" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod1Member_EE6060AA226E921A4C9D61A2BFDAD330_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod1Member_EE6060AA226E921A4C9D61A2BFDAD330" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">July 15, 2014 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod1Member_EE6060AA226E921A4C9D61A2BFDAD330_label_en-US" xlink:label="lab_ocn_MarginPeriod1Member_EE6060AA226E921A4C9D61A2BFDAD330" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 1 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod1Member_EE6060AA226E921A4C9D61A2BFDAD330_documentation_en-US" xlink:label="lab_ocn_MarginPeriod1Member_EE6060AA226E921A4C9D61A2BFDAD330" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 1 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MarginPeriod1Member" xlink:label="loc_ocn_MarginPeriod1Member_EE6060AA226E921A4C9D61A2BFDAD330" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarginPeriod1Member_EE6060AA226E921A4C9D61A2BFDAD330" xlink:to="lab_ocn_MarginPeriod1Member_EE6060AA226E921A4C9D61A2BFDAD330" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod2Member_1314E61FAD7C08467CF561A2BFDA8D71_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod2Member_1314E61FAD7C08467CF561A2BFDA8D71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">August 15, 2014 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod2Member_1314E61FAD7C08467CF561A2BFDA8D71_label_en-US" xlink:label="lab_ocn_MarginPeriod2Member_1314E61FAD7C08467CF561A2BFDA8D71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 2 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod2Member_1314E61FAD7C08467CF561A2BFDA8D71_documentation_en-US" xlink:label="lab_ocn_MarginPeriod2Member_1314E61FAD7C08467CF561A2BFDA8D71" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 2 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MarginPeriod2Member" xlink:label="loc_ocn_MarginPeriod2Member_1314E61FAD7C08467CF561A2BFDA8D71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarginPeriod2Member_1314E61FAD7C08467CF561A2BFDA8D71" xlink:to="lab_ocn_MarginPeriod2Member_1314E61FAD7C08467CF561A2BFDA8D71" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod3Member_63C8929E982229573E5061A2BFDAD734_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod3Member_63C8929E982229573E5061A2BFDAD734" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">September 15, 2014 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod3Member_63C8929E982229573E5061A2BFDAD734_label_en-US" xlink:label="lab_ocn_MarginPeriod3Member_63C8929E982229573E5061A2BFDAD734" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 3 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod3Member_63C8929E982229573E5061A2BFDAD734_documentation_en-US" xlink:label="lab_ocn_MarginPeriod3Member_63C8929E982229573E5061A2BFDAD734" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 3 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MarginPeriod3Member" xlink:label="loc_ocn_MarginPeriod3Member_63C8929E982229573E5061A2BFDAD734" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarginPeriod3Member_63C8929E982229573E5061A2BFDAD734" xlink:to="lab_ocn_MarginPeriod3Member_63C8929E982229573E5061A2BFDAD734" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod4Member_C84D9BD426848473BAA161A2BFDA7FEF_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod4Member_C84D9BD426848473BAA161A2BFDA7FEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">October 1, 2014 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod4Member_C84D9BD426848473BAA161A2BFDA7FEF_label_en-US" xlink:label="lab_ocn_MarginPeriod4Member_C84D9BD426848473BAA161A2BFDA7FEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 4 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod4Member_C84D9BD426848473BAA161A2BFDA7FEF_documentation_en-US" xlink:label="lab_ocn_MarginPeriod4Member_C84D9BD426848473BAA161A2BFDA7FEF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 4 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MarginPeriod4Member" xlink:label="loc_ocn_MarginPeriod4Member_C84D9BD426848473BAA161A2BFDA7FEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarginPeriod4Member_C84D9BD426848473BAA161A2BFDA7FEF" xlink:to="lab_ocn_MarginPeriod4Member_C84D9BD426848473BAA161A2BFDA7FEF" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod5Member_DB81F5C7014939F638B561A2BFDAD118_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod5Member_DB81F5C7014939F638B561A2BFDAD118" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">July 15, 2015 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod5Member_DB81F5C7014939F638B561A2BFDAD118_label_en-US" xlink:label="lab_ocn_MarginPeriod5Member_DB81F5C7014939F638B561A2BFDAD118" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 5 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod5Member_DB81F5C7014939F638B561A2BFDAD118_documentation_en-US" xlink:label="lab_ocn_MarginPeriod5Member_DB81F5C7014939F638B561A2BFDAD118" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 5 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MarginPeriod5Member" xlink:label="loc_ocn_MarginPeriod5Member_DB81F5C7014939F638B561A2BFDAD118" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarginPeriod5Member_DB81F5C7014939F638B561A2BFDAD118" xlink:to="lab_ocn_MarginPeriod5Member_DB81F5C7014939F638B561A2BFDAD118" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod6Member_7241EB708FF212F031FC61A2BFDA927D_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod6Member_7241EB708FF212F031FC61A2BFDA927D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">August 15, 2015 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod6Member_7241EB708FF212F031FC61A2BFDA927D_label_en-US" xlink:label="lab_ocn_MarginPeriod6Member_7241EB708FF212F031FC61A2BFDA927D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 6 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod6Member_7241EB708FF212F031FC61A2BFDA927D_documentation_en-US" xlink:label="lab_ocn_MarginPeriod6Member_7241EB708FF212F031FC61A2BFDA927D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 6 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MarginPeriod6Member" xlink:label="loc_ocn_MarginPeriod6Member_7241EB708FF212F031FC61A2BFDA927D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarginPeriod6Member_7241EB708FF212F031FC61A2BFDA927D" xlink:to="lab_ocn_MarginPeriod6Member_7241EB708FF212F031FC61A2BFDA927D" xlink:type="arc" />
    <link:label id="lab_ocn_MarginPeriod7Member_2D4B304515C03DEAB3D661A2BFDA3CBC_terseLabel_en-US" xlink:label="lab_ocn_MarginPeriod7Member_2D4B304515C03DEAB3D661A2BFDA3CBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">September 15, 2015 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod7Member_2D4B304515C03DEAB3D661A2BFDA3CBC_label_en-US" xlink:label="lab_ocn_MarginPeriod7Member_2D4B304515C03DEAB3D661A2BFDA3CBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin Period 7 [Member]</link:label>
    <link:label id="lab_ocn_MarginPeriod7Member_2D4B304515C03DEAB3D661A2BFDA3CBC_documentation_en-US" xlink:label="lab_ocn_MarginPeriod7Member_2D4B304515C03DEAB3D661A2BFDA3CBC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin Period 7 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MarginPeriod7Member" xlink:label="loc_ocn_MarginPeriod7Member_2D4B304515C03DEAB3D661A2BFDA3CBC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MarginPeriod7Member_2D4B304515C03DEAB3D661A2BFDA3CBC" xlink:to="lab_ocn_MarginPeriod7Member_2D4B304515C03DEAB3D661A2BFDA3CBC" xlink:type="arc" />
    <link:label id="lab_ocn_ClassA4VariableFundingNoteMember_777DD2AEB18736466E5561A2BFDD8160_terseLabel_en-US" xlink:label="lab_ocn_ClassA4VariableFundingNoteMember_777DD2AEB18736466E5561A2BFDD8160" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A4 Variable Funding Note [Member]</link:label>
    <link:label id="lab_ocn_ClassA4VariableFundingNoteMember_777DD2AEB18736466E5561A2BFDD8160_label_en-US" xlink:label="lab_ocn_ClassA4VariableFundingNoteMember_777DD2AEB18736466E5561A2BFDD8160" 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_777DD2AEB18736466E5561A2BFDD8160_documentation_en-US" xlink:label="lab_ocn_ClassA4VariableFundingNoteMember_777DD2AEB18736466E5561A2BFDD8160" 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-20140930.xsd#ocn_ClassA4VariableFundingNoteMember" xlink:label="loc_ocn_ClassA4VariableFundingNoteMember_777DD2AEB18736466E5561A2BFDD8160" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ClassA4VariableFundingNoteMember_777DD2AEB18736466E5561A2BFDD8160" xlink:to="lab_ocn_ClassA4VariableFundingNoteMember_777DD2AEB18736466E5561A2BFDD8160" xlink:type="arc" />
    <link:label id="lab_ocn_FinancingLiabilityMortgageServicingRightsPledged2Member_6683CDE2A62149FCD2DA61A2BFDDC8DC_terseLabel_en-US" xlink:label="lab_ocn_FinancingLiabilityMortgageServicingRightsPledged2Member_6683CDE2A62149FCD2DA61A2BFDDC8DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Liability Mortgage Servicing Rights Pledged 2 [Member]</link:label>
    <link:label id="lab_ocn_FinancingLiabilityMortgageServicingRightsPledged2Member_6683CDE2A62149FCD2DA61A2BFDDC8DC_label_en-US" xlink:label="lab_ocn_FinancingLiabilityMortgageServicingRightsPledged2Member_6683CDE2A62149FCD2DA61A2BFDDC8DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Liability Mortgage Servicing Rights Pledged 2 [Member]</link:label>
    <link:label id="lab_ocn_FinancingLiabilityMortgageServicingRightsPledged2Member_6683CDE2A62149FCD2DA61A2BFDDC8DC_documentation_en-US" xlink:label="lab_ocn_FinancingLiabilityMortgageServicingRightsPledged2Member_6683CDE2A62149FCD2DA61A2BFDDC8DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Liability Mortgage Servicing Rights Pledged 2 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_FinancingLiabilityMortgageServicingRightsPledged2Member" xlink:label="loc_ocn_FinancingLiabilityMortgageServicingRightsPledged2Member_6683CDE2A62149FCD2DA61A2BFDDC8DC" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodFourMember_FE251865EB973E98DA4D61A2BFDDE82A_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodFourMember_FE251865EB973E98DA4D61A2BFDDE82A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period Four [Member]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodFourMember_FE251865EB973E98DA4D61A2BFDDE82A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodFourMember_FE251865EB973E98DA4D61A2BFDDE82A" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodFourMember" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodFourMember_FE251865EB973E98DA4D61A2BFDDE82A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_E16646FB7152CD04DDFD61A2BFDDA318_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_E16646FB7152CD04DDFD61A2BFDDA318" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period Five [Member]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_E16646FB7152CD04DDFD61A2BFDDA318_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_E16646FB7152CD04DDFD61A2BFDDA318" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodFiveMember" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_E16646FB7152CD04DDFD61A2BFDDA318" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_E16646FB7152CD04DDFD61A2BFDDA318" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodFiveMember_E16646FB7152CD04DDFD61A2BFDDA318" xlink:type="arc" />
    <link:label id="lab_ocn_NumberofLineofCreditFacility_E18FE7D14A12130ED18461A2BFDD7B34_terseLabel_en-US" xlink:label="lab_ocn_NumberofLineofCreditFacility_E18FE7D14A12130ED18461A2BFDD7B34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of Line of Credit Facility</link:label>
    <link:label id="lab_ocn_NumberofLineofCreditFacility_E18FE7D14A12130ED18461A2BFDD7B34_label_en-US" xlink:label="lab_ocn_NumberofLineofCreditFacility_E18FE7D14A12130ED18461A2BFDD7B34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Line of Credit Facility</link:label>
    <link:label id="lab_ocn_NumberofLineofCreditFacility_E18FE7D14A12130ED18461A2BFDD7B34_documentation_en-US" xlink:label="lab_ocn_NumberofLineofCreditFacility_E18FE7D14A12130ED18461A2BFDD7B34" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Line of Credit Facility</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_NumberofLineofCreditFacility" xlink:label="loc_ocn_NumberofLineofCreditFacility_E18FE7D14A12130ED18461A2BFDD7B34" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NumberofLineofCreditFacility_E18FE7D14A12130ED18461A2BFDD7B34" xlink:to="lab_ocn_NumberofLineofCreditFacility_E18FE7D14A12130ED18461A2BFDD7B34" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_FC44EAF268952F6DB73161A2BFDDE251_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_FC44EAF268952F6DB73161A2BFDDE251" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unused Borrowing Capacity, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:label="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_FC44EAF268952F6DB73161A2BFDDE251" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_FC44EAF268952F6DB73161A2BFDDE251" xlink:to="lab_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_FC44EAF268952F6DB73161A2BFDDE251" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_5C60FCA464A3627CB6E461A2BFDD50DF_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_5C60FCA464A3627CB6E461A2BFDD50DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redemption of principal amount (up to 35%)</link:label>
    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_5C60FCA464A3627CB6E461A2BFDD50DF_label_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_5C60FCA464A3627CB6E461A2BFDD50DF" 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_5C60FCA464A3627CB6E461A2BFDD50DF_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_5C60FCA464A3627CB6E461A2BFDD50DF" 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-20140930.xsd#ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable" xlink:label="loc_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_5C60FCA464A3627CB6E461A2BFDD50DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_5C60FCA464A3627CB6E461A2BFDD50DF" xlink:to="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsPercentageOfPrincipalAmountRedeemable_5C60FCA464A3627CB6E461A2BFDD50DF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_9CB3F41E34BD130BA33261A2BFDDA518_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_9CB3F41E34BD130BA33261A2BFDDA518" 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_9CB3F41E34BD130BA33261A2BFDDA518_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_9CB3F41E34BD130BA33261A2BFDDA518" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_9CB3F41E34BD130BA33261A2BFDDA518" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_9CB3F41E34BD130BA33261A2BFDDA518" xlink:to="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_9CB3F41E34BD130BA33261A2BFDDA518" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_93C3BF0841A78232188261A2BFDD40F6_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_93C3BF0841A78232188261A2BFDD40F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis spread on unpaid principal balance</link:label>
    <link:label id="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_93C3BF0841A78232188261A2BFDD40F6_label_en-US" xlink:label="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_93C3BF0841A78232188261A2BFDD40F6" 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_93C3BF0841A78232188261A2BFDD40F6_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_93C3BF0841A78232188261A2BFDD40F6" 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-20140930.xsd#ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance" xlink:label="loc_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_93C3BF0841A78232188261A2BFDD40F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_93C3BF0841A78232188261A2BFDD40F6" xlink:to="lab_ocn_DebtInstrumentBasisSpreadonUnpaidPrincipalBalance_93C3BF0841A78232188261A2BFDD40F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D3A9577621CCCA5CA33861A2BFDD4D15_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D3A9577621CCCA5CA33861A2BFDD4D15" 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_D3A9577621CCCA5CA33861A2BFDD4D15_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D3A9577621CCCA5CA33861A2BFDD4D15" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D3A9577621CCCA5CA33861A2BFDD4D15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D3A9577621CCCA5CA33861A2BFDD4D15" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D3A9577621CCCA5CA33861A2BFDD4D15" xlink:type="arc" />
    <link:label id="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_CDB9EE08D1D517FA2D3561A2BFDD1DA7_terseLabel_en-US" xlink:label="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_CDB9EE08D1D517FA2D3561A2BFDD1DA7" 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_CDB9EE08D1D517FA2D3561A2BFDD1DA7_label_en-US" xlink:label="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_CDB9EE08D1D517FA2D3561A2BFDD1DA7" 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_CDB9EE08D1D517FA2D3561A2BFDD1DA7_documentation_en-US" xlink:label="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_CDB9EE08D1D517FA2D3561A2BFDD1DA7" 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-20140930.xsd#ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender" xlink:label="loc_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_CDB9EE08D1D517FA2D3561A2BFDD1DA7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_CDB9EE08D1D517FA2D3561A2BFDD1DA7" xlink:to="lab_ocn_LineofCreditFacilityAgreementTermPotentialBenefitInterestPercentageByLender_CDB9EE08D1D517FA2D3561A2BFDD1DA7" xlink:type="arc" />
    <link:label id="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_AEF43FD45A866236B84061A2BFDD9F31_terseLabel_en-US" xlink:label="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_AEF43FD45A866236B84061A2BFDD9F31" 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_AEF43FD45A866236B84061A2BFDD9F31_label_en-US" xlink:label="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_AEF43FD45A866236B84061A2BFDD9F31" 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_AEF43FD45A866236B84061A2BFDD9F31_documentation_en-US" xlink:label="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_AEF43FD45A866236B84061A2BFDD9F31" 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-20140930.xsd#ocn_LineofCreditFacilityAdditionalBorrowingCapacity" xlink:label="loc_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_AEF43FD45A866236B84061A2BFDD9F31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_AEF43FD45A866236B84061A2BFDD9F31" xlink:to="lab_ocn_LineofCreditFacilityAdditionalBorrowingCapacity_AEF43FD45A866236B84061A2BFDD9F31" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_DE905D3B744BEA446A5061A2BFDDF9D8_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_DE905D3B744BEA446A5061A2BFDDF9D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate at index floor rate</link:label>
    <link:label id="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_DE905D3B744BEA446A5061A2BFDDF9D8_label_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_DE905D3B744BEA446A5061A2BFDDF9D8" 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_DE905D3B744BEA446A5061A2BFDDF9D8_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_DE905D3B744BEA446A5061A2BFDDF9D8" 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-20140930.xsd#ocn_DebtInstrumentInterestRateAtIndexFloorRate" xlink:label="loc_ocn_DebtInstrumentInterestRateAtIndexFloorRate_DE905D3B744BEA446A5061A2BFDDF9D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentInterestRateAtIndexFloorRate_DE905D3B744BEA446A5061A2BFDDF9D8" xlink:to="lab_ocn_DebtInstrumentInterestRateAtIndexFloorRate_DE905D3B744BEA446A5061A2BFDDF9D8" xlink:type="arc" />
    <link:label id="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_A8D6C5DA79DD7D7F4AA661A2BFDD63F0_terseLabel_en-US" xlink:label="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_A8D6C5DA79DD7D7F4AA661A2BFDD63F0" 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_A8D6C5DA79DD7D7F4AA661A2BFDD63F0_label_en-US" xlink:label="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_A8D6C5DA79DD7D7F4AA661A2BFDD63F0" 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_A8D6C5DA79DD7D7F4AA661A2BFDD63F0_documentation_en-US" xlink:label="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_A8D6C5DA79DD7D7F4AA661A2BFDD63F0" 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-20140930.xsd#ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity" xlink:label="loc_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_A8D6C5DA79DD7D7F4AA661A2BFDD63F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_A8D6C5DA79DD7D7F4AA661A2BFDD63F0" xlink:to="lab_ocn_LineofCreditFacilityIncreaseDecreasetoBorrowingCapacity_A8D6C5DA79DD7D7F4AA661A2BFDD63F0" xlink:type="arc" />
    <link:label id="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_3EA0097C3C6794EF4BD061A2BFDDD744_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_3EA0097C3C6794EF4BD061A2BFDDD744" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis for effective rate at period end</link:label>
    <link:label id="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_3EA0097C3C6794EF4BD061A2BFDDD744_label_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_3EA0097C3C6794EF4BD061A2BFDDD744" 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_3EA0097C3C6794EF4BD061A2BFDDD744_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_3EA0097C3C6794EF4BD061A2BFDDD744" 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-20140930.xsd#ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd" xlink:label="loc_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_3EA0097C3C6794EF4BD061A2BFDDD744" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_3EA0097C3C6794EF4BD061A2BFDDD744" xlink:to="lab_ocn_DebtInstrumentInterestRateBasisforEffectiveRateatPeriodEnd_3EA0097C3C6794EF4BD061A2BFDDD744" xlink:type="arc" />
    <link:label id="lab_ocn_GainOnRetirementOfFinancingLiability_BFFE2E6832134AD1878961A2BFDDFCC3_terseLabel_en-US" xlink:label="lab_ocn_GainOnRetirementOfFinancingLiability_BFFE2E6832134AD1878961A2BFDDFCC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on retirement of financing liability</link:label>
    <link:label id="lab_ocn_GainOnRetirementOfFinancingLiability_BFFE2E6832134AD1878961A2BFDDFCC3_label_en-US" xlink:label="lab_ocn_GainOnRetirementOfFinancingLiability_BFFE2E6832134AD1878961A2BFDDFCC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain On Retirement Of Financing Liability</link:label>
    <link:label id="lab_ocn_GainOnRetirementOfFinancingLiability_BFFE2E6832134AD1878961A2BFDDFCC3_documentation_en-US" xlink:label="lab_ocn_GainOnRetirementOfFinancingLiability_BFFE2E6832134AD1878961A2BFDDFCC3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the gain on retirement of a financing liability.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_GainOnRetirementOfFinancingLiability" xlink:label="loc_ocn_GainOnRetirementOfFinancingLiability_BFFE2E6832134AD1878961A2BFDDFCC3" xlink:type="locator" />
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    <link:label id="lab_ocn_DebtInstrumentStatedCreditLimit_E4CDEACFE086731B023861A2BFDD032F_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentStatedCreditLimit_E4CDEACFE086731B023861A2BFDD032F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stated credit limit</link:label>
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    <link:label id="lab_ocn_DebtInstrumentRedemptionPeriodNotice_0929E85CA36877CAD0A861A2BFDDAB5F_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentRedemptionPeriodNotice_0929E85CA36877CAD0A861A2BFDDAB5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redemption period</link:label>
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    <link:label id="lab_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_BDCFC2A1747D02E0F41161A2BFDD2702_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_BDCFC2A1747D02E0F41161A2BFDD2702" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional premium, percentage of principal amount</link:label>
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    <link:loc xlink:href="ocn-20140930.xsd#ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount" xlink:label="loc_ocn_DebtInstrumentAdditionalPremiumPercentageofPrincipalAmount_BDCFC2A1747D02E0F41161A2BFDD2702" xlink:type="locator" />
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    <link:label id="lab_ocn_DebtInstrumentAdditionalInterestPercentage_F2487CBDB9B2209AEC9061A2BFDD42D3_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentAdditionalInterestPercentage_F2487CBDB9B2209AEC9061A2BFDD42D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional interest, percentage</link:label>
    <link:label id="lab_ocn_DebtInstrumentAdditionalInterestPercentage_F2487CBDB9B2209AEC9061A2BFDD42D3_label_en-US" xlink:label="lab_ocn_DebtInstrumentAdditionalInterestPercentage_F2487CBDB9B2209AEC9061A2BFDD42D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Additional Interest, Percentage</link:label>
    <link:label id="lab_ocn_DebtInstrumentAdditionalInterestPercentage_F2487CBDB9B2209AEC9061A2BFDD42D3_documentation_en-US" xlink:label="lab_ocn_DebtInstrumentAdditionalInterestPercentage_F2487CBDB9B2209AEC9061A2BFDD42D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Additional Interest, Percentage</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_DebtInstrumentAdditionalInterestPercentage" xlink:label="loc_ocn_DebtInstrumentAdditionalInterestPercentage_F2487CBDB9B2209AEC9061A2BFDD42D3" xlink:type="locator" />
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    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_63D9A27B1F0CFCBDE97561A2BFDD777E_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsRedemptionPricePercentage_63D9A27B1F0CFCBDE97561A2BFDD777E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Use of cash proceeds from Equity Offerings, redemption price, percentage</link:label>
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    <link:label id="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_4AD971BC2FBD4322CF8261A2BFDD406A_terseLabel_en-US" xlink:label="lab_ocn_DebtInstrumentUseOfCashProceedsFromEquityOfferingsForRedemptionMaximumDaysAfterConsummationOfOffering_4AD971BC2FBD4322CF8261A2BFDD406A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Days after Equity Offering consummation for redemption (not more than 120 days)</link:label>
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    <link:loc xlink:href="ocn-20140930.xsd#ocn_GainOnLoansHeldForSaleNet" xlink:label="loc_ocn_GainOnLoansHeldForSaleNet_FE0506CC912A5A71949C5227655CD536" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RevenueOtherFinancialServices_146948326AF569DE9C855227655C7519_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueOtherFinancialServices_146948326AF569DE9C855227655C7519" 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_146948326AF569DE9C855227655C7519_label_en-US" xlink:label="lab_us-gaap_RevenueOtherFinancialServices_146948326AF569DE9C855227655C7519" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Other Financial Services</link:label>
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    <link:label id="lab_us-gaap_Revenues_9C2F25E9F9F0FA0A5A965227655C2BD6_totalLabel_en-US" xlink:label="lab_us-gaap_Revenues_9C2F25E9F9F0FA0A5A965227655C2BD6" 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_9C2F25E9F9F0FA0A5A965227655C2BD6_label_en-US" xlink:label="lab_us-gaap_Revenues_9C2F25E9F9F0FA0A5A965227655C2BD6" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_9C2F25E9F9F0FA0A5A965227655C2BD6" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OperatingExpensesAbstract_8B67154A78FF469F09305227655C629B_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_8B67154A78FF469F09305227655C629B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_8B67154A78FF469F09305227655C629B_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_8B67154A78FF469F09305227655C629B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_8B67154A78FF469F09305227655C629B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LaborAndRelatedExpense_7BAF4C6140C49A5D90925227655C3B46_terseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_7BAF4C6140C49A5D90925227655C3B46" 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_7BAF4C6140C49A5D90925227655C3B46_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_7BAF4C6140C49A5D90925227655C3B46" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_7BAF4C6140C49A5D90925227655C3B46" xlink:type="locator" />
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    <link:label id="lab_ocn_ServicingAndOrigination_0EEE7BFBBECC3F6803745227655CCF36_terseLabel_en-US" xlink:label="lab_ocn_ServicingAndOrigination_0EEE7BFBBECC3F6803745227655CCF36" 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_0EEE7BFBBECC3F6803745227655CCF36_label_en-US" xlink:label="lab_ocn_ServicingAndOrigination_0EEE7BFBBECC3F6803745227655CCF36" 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_0EEE7BFBBECC3F6803745227655CCF36_documentation_en-US" xlink:label="lab_ocn_ServicingAndOrigination_0EEE7BFBBECC3F6803745227655CCF36" 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-20140930.xsd#ocn_ServicingAndOrigination" xlink:label="loc_ocn_ServicingAndOrigination_0EEE7BFBBECC3F6803745227655CCF36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAndOrigination_0EEE7BFBBECC3F6803745227655CCF36" xlink:to="lab_ocn_ServicingAndOrigination_0EEE7BFBBECC3F6803745227655CCF36" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommunicationsAndInformationTechnology_AF040DB416EF45F194895227655CA559_terseLabel_en-US" xlink:label="lab_us-gaap_CommunicationsAndInformationTechnology_AF040DB416EF45F194895227655CA559" 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_AF040DB416EF45F194895227655CA559_label_en-US" xlink:label="lab_us-gaap_CommunicationsAndInformationTechnology_AF040DB416EF45F194895227655CA559" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommunicationsAndInformationTechnology" xlink:label="loc_us-gaap_CommunicationsAndInformationTechnology_AF040DB416EF45F194895227655CA559" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommunicationsAndInformationTechnology_AF040DB416EF45F194895227655CA559" xlink:to="lab_us-gaap_CommunicationsAndInformationTechnology_AF040DB416EF45F194895227655CA559" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfessionalFees_5B8A82E8D0FE684EC80C5227655C4D3C_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfessionalFees_5B8A82E8D0FE684EC80C5227655C4D3C" 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_5B8A82E8D0FE684EC80C5227655C4D3C_label_en-US" xlink:label="lab_us-gaap_ProfessionalFees_5B8A82E8D0FE684EC80C5227655C4D3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Professional Fees</link:label>
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    <link:label id="lab_us-gaap_OccupancyNet_AAECE43A22FA6D8B0F015227655C314E_terseLabel_en-US" xlink:label="lab_us-gaap_OccupancyNet_AAECE43A22FA6D8B0F015227655C314E" 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_AAECE43A22FA6D8B0F015227655C314E_label_en-US" xlink:label="lab_us-gaap_OccupancyNet_AAECE43A22FA6D8B0F015227655C314E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Occupancy, Net</link:label>
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    <link:label id="lab_us-gaap_OtherCostAndExpenseOperating_D321AF2F3704D2004B865227655C5594_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCostAndExpenseOperating_D321AF2F3704D2004B865227655C5594" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other operating expenses</link:label>
    <link:label id="lab_us-gaap_OtherCostAndExpenseOperating_D321AF2F3704D2004B865227655C5594_label_en-US" xlink:label="lab_us-gaap_OtherCostAndExpenseOperating_D321AF2F3704D2004B865227655C5594" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Cost and Expense, Operating</link:label>
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    <link:label id="lab_us-gaap_OperatingIncomeLoss_9CDD30AECB55048F37FB5227655F5D5A_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_9CDD30AECB55048F37FB5227655F5D5A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income from operations</link:label>
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    <link:label id="lab_us-gaap_InterestExpense_3A9378C484004981B5835227655FCDB9_label_en-US" xlink:label="lab_us-gaap_InterestExpense_3A9378C484004981B5835227655FCDB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_3A9378C484004981B5835227655FCDB9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetIncomeLoss_80A5932FA7C7C936C76E5227655FBA88_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_80A5932FA7C7C936C76E5227655FBA88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock" xlink:label="loc_us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock_3688DF507B41D2263E99F52645574138" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ConversionOfStockSharesIssued1_BD019ACD6DC6828D2E7953BE56E73644_terseLabel_en-US" xlink:label="lab_us-gaap_ConversionOfStockSharesIssued1_BD019ACD6DC6828D2E7953BE56E73644" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued (in shares)</link:label>
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    <link:label id="lab_ocn_WriteOffUnamortizedDiscountOfPreferredSharesConverted_409DAC0302F933742DF653BE56E7F2C4_terseLabel_en-US" xlink:label="lab_ocn_WriteOffUnamortizedDiscountOfPreferredSharesConverted_409DAC0302F933742DF653BE56E7F2C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accelerated write-off of unamortized discount</link:label>
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    <link:label id="lab_ocn_WriteOffUnamortizedDiscountOfPreferredSharesConverted_409DAC0302F933742DF653BE56E7F2C4_documentation_en-US" xlink:label="lab_ocn_WriteOffUnamortizedDiscountOfPreferredSharesConverted_409DAC0302F933742DF653BE56E7F2C4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents amount of write-off of the unamortized discount related to preferred Shares converted.</link:label>
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    <link:label id="lab_ocn_ScheduleofInterestExpenseTable_2854235CCB28FB44F65B4419366930BB_label_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseTable_2854235CCB28FB44F65B4419366930BB" 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_2854235CCB28FB44F65B4419366930BB_documentation_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseTable_2854235CCB28FB44F65B4419366930BB" 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-20140930.xsd#ocn_ScheduleofInterestExpenseTable" xlink:label="loc_ocn_ScheduleofInterestExpenseTable_2854235CCB28FB44F65B4419366930BB" xlink:type="locator" />
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    <link:label id="lab_ocn_ScheduleofInterestExpenseLineItems_0F3973803FD1C6E1B83944193669E9F7_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseLineItems_0F3973803FD1C6E1B83944193669E9F7" 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_0F3973803FD1C6E1B83944193669E9F7_label_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseLineItems_0F3973803FD1C6E1B83944193669E9F7" 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_0F3973803FD1C6E1B83944193669E9F7_documentation_en-US" xlink:label="lab_ocn_ScheduleofInterestExpenseLineItems_0F3973803FD1C6E1B83944193669E9F7" 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-20140930.xsd#ocn_ScheduleofInterestExpenseLineItems" xlink:label="loc_ocn_ScheduleofInterestExpenseLineItems_0F3973803FD1C6E1B83944193669E9F7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ServicingFeesNet_42CE6833CBA38580074B441936692F8F_negatedLabel_en-US" xlink:label="lab_us-gaap_ServicingFeesNet_42CE6833CBA38580074B441936692F8F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Servicing fees collected on behalf of HLSS</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingFeesNet" xlink:label="loc_us-gaap_ServicingFeesNet_42CE6833CBA38580074B441936692F8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingFeesNet_42CE6833CBA38580074B441936692F8F" xlink:to="lab_us-gaap_ServicingFeesNet_42CE6833CBA38580074B441936692F8F" xlink:type="arc" />
    <link:label id="lab_ocn_BankServicingFeesRetained_4E1C7B52F73AFFA6291E441936690F32_terseLabel_en-US" xlink:label="lab_ocn_BankServicingFeesRetained_4E1C7B52F73AFFA6291E441936690F32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Subservicing fee retained by Ocwen</link:label>
    <link:label id="lab_ocn_BankServicingFeesRetained_4E1C7B52F73AFFA6291E441936690F32_label_en-US" xlink:label="lab_ocn_BankServicingFeesRetained_4E1C7B52F73AFFA6291E441936690F32" 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_4E1C7B52F73AFFA6291E441936690F32_documentation_en-US" xlink:label="lab_ocn_BankServicingFeesRetained_4E1C7B52F73AFFA6291E441936690F32" 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-20140930.xsd#ocn_BankServicingFeesRetained" xlink:label="loc_ocn_BankServicingFeesRetained_4E1C7B52F73AFFA6291E441936690F32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BankServicingFeesRetained_4E1C7B52F73AFFA6291E441936690F32" xlink:to="lab_ocn_BankServicingFeesRetained_4E1C7B52F73AFFA6291E441936690F32" xlink:type="arc" />
    <link:label id="lab_ocn_BankServicingFeesRemitted_FEAF9288015BC6F8558444193669EA50_totalLabel_en-US" xlink:label="lab_ocn_BankServicingFeesRemitted_FEAF9288015BC6F8558444193669EA50" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net servicing fees remitted to HLSS</link:label>
    <link:label id="lab_ocn_BankServicingFeesRemitted_FEAF9288015BC6F8558444193669EA50_label_en-US" xlink:label="lab_ocn_BankServicingFeesRemitted_FEAF9288015BC6F8558444193669EA50" 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_FEAF9288015BC6F8558444193669EA50_documentation_en-US" xlink:label="lab_ocn_BankServicingFeesRemitted_FEAF9288015BC6F8558444193669EA50" 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-20140930.xsd#ocn_BankServicingFeesRemitted" xlink:label="loc_ocn_BankServicingFeesRemitted_FEAF9288015BC6F8558444193669EA50" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BankServicingFeesRemitted_FEAF9288015BC6F8558444193669EA50" xlink:to="lab_ocn_BankServicingFeesRemitted_FEAF9288015BC6F8558444193669EA50" xlink:type="arc" />
    <link:label id="lab_ocn_ReductioninFinancingLiability_565CD972394ABF6B7B79441936693A10_negatedTerseLabel_en-US" xlink:label="lab_ocn_ReductioninFinancingLiability_565CD972394ABF6B7B79441936693A10" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Reduction in financing liability</link:label>
    <link:label id="lab_ocn_ReductioninFinancingLiability_565CD972394ABF6B7B79441936693A10_label_en-US" xlink:label="lab_ocn_ReductioninFinancingLiability_565CD972394ABF6B7B79441936693A10" 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_565CD972394ABF6B7B79441936693A10_documentation_en-US" xlink:label="lab_ocn_ReductioninFinancingLiability_565CD972394ABF6B7B79441936693A10" 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-20140930.xsd#ocn_ReductioninFinancingLiability" xlink:label="loc_ocn_ReductioninFinancingLiability_565CD972394ABF6B7B79441936693A10" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FinancingInterestExpense_D7C876819A29CE55C4B844193669B3F5_totalLabel_en-US" xlink:label="lab_us-gaap_FinancingInterestExpense_D7C876819A29CE55C4B844193669B3F5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Interest expense on HLSS financing liability</link:label>
    <link:label id="lab_us-gaap_FinancingInterestExpense_D7C876819A29CE55C4B844193669B3F5_label_en-US" xlink:label="lab_us-gaap_FinancingInterestExpense_D7C876819A29CE55C4B844193669B3F5" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingInterestExpense" xlink:label="loc_us-gaap_FinancingInterestExpense_D7C876819A29CE55C4B844193669B3F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingInterestExpense_D7C876819A29CE55C4B844193669B3F5" xlink:to="lab_us-gaap_FinancingInterestExpense_D7C876819A29CE55C4B844193669B3F5" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_E69A2A62AA850B608A6439E1408BF967_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_E69A2A62AA850B608A6439E1408BF967" 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>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_E69A2A62AA850B608A6439E1408BF967" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_0F0DCEC514A5D758435239E1408B5C30" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ReceivableTypeDomain_CAB7FB93A738A159A91039E1408BEECC_label_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_CAB7FB93A738A159A91039E1408BEECC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivable [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="loc_us-gaap_ReceivableTypeDomain_CAB7FB93A738A159A91039E1408BEECC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivableTypeDomain_CAB7FB93A738A159A91039E1408BEECC" xlink:to="lab_us-gaap_ReceivableTypeDomain_CAB7FB93A738A159A91039E1408BEECC" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_B9231B3B01FF753B5A0839E1408BC610_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_B9231B3B01FF753B5A0839E1408BC610" 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>
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    <link:label id="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_B9231B3B01FF753B5A0839E1408BC610_documentation_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentReverseMortgagesMember_B9231B3B01FF753B5A0839E1408BC610" 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>
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    <link:label id="lab_ocn_MortgageServicingPracticeMember_23650A641A4EEFE3CF0B6363E41ADF8B_terseLabel_en-US" xlink:label="lab_ocn_MortgageServicingPracticeMember_23650A641A4EEFE3CF0B6363E41ADF8B" 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_23650A641A4EEFE3CF0B6363E41ADF8B_label_en-US" xlink:label="lab_ocn_MortgageServicingPracticeMember_23650A641A4EEFE3CF0B6363E41ADF8B" 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_23650A641A4EEFE3CF0B6363E41ADF8B_documentation_en-US" xlink:label="lab_ocn_MortgageServicingPracticeMember_23650A641A4EEFE3CF0B6363E41ADF8B" 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-20140930.xsd#ocn_MortgageServicingPracticeMember" xlink:label="loc_ocn_MortgageServicingPracticeMember_23650A641A4EEFE3CF0B6363E41ADF8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingPracticeMember_23650A641A4EEFE3CF0B6363E41ADF8B" xlink:to="lab_ocn_MortgageServicingPracticeMember_23650A641A4EEFE3CF0B6363E41ADF8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_207E1D6753192FB235FC6363E41A58F5_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_207E1D6753192FB235FC6363E41A58F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimate of possible loss</link:label>
    <link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_207E1D6753192FB235FC6363E41A58F5_label_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_207E1D6753192FB235FC6363E41A58F5" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:label="loc_us-gaap_LossContingencyEstimateOfPossibleLoss_207E1D6753192FB235FC6363E41A58F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyEstimateOfPossibleLoss_207E1D6753192FB235FC6363E41A58F5" xlink:to="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_207E1D6753192FB235FC6363E41A58F5" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold_8CF22386330CA541C0776363E41AA962_terseLabel_en-US" xlink:label="lab_ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold_8CF22386330CA541C0776363E41AA962" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage loans on real estate, number of acquired loans on hold</link:label>
    <link:label id="lab_ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold_8CF22386330CA541C0776363E41AA962_label_en-US" xlink:label="lab_ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold_8CF22386330CA541C0776363E41AA962" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Acquired Loans On Hold</link:label>
    <link:label id="lab_ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold_8CF22386330CA541C0776363E41AA962_documentation_en-US" xlink:label="lab_ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold_8CF22386330CA541C0776363E41AA962" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Acquired Loans On Hold</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold" xlink:label="loc_ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold_8CF22386330CA541C0776363E41AA962" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold_8CF22386330CA541C0776363E41AA962" xlink:to="lab_ocn_MortgageLoansonRealEstateNumberofAcquiredLoansOnHold_8CF22386330CA541C0776363E41AA962" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_0DD623179FB8A05A58E66363E41AA537_verboseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_0DD623179FB8A05A58E66363E41AA537" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_0DD623179FB8A05A58E66363E41AA537" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_0DD623179FB8A05A58E66363E41AA537" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_0DD623179FB8A05A58E66363E41AA537" xlink:type="arc" />
    <link:label id="lab_ocn_LossContingencyOversightMonitorPeriod_D426945095156EB598AC6363E41B8934_terseLabel_en-US" xlink:label="lab_ocn_LossContingencyOversightMonitorPeriod_D426945095156EB598AC6363E41B8934" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Oversight monitor period</link:label>
    <link:label id="lab_ocn_LossContingencyOversightMonitorPeriod_D426945095156EB598AC6363E41B8934_label_en-US" xlink:label="lab_ocn_LossContingencyOversightMonitorPeriod_D426945095156EB598AC6363E41B8934" 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_D426945095156EB598AC6363E41B8934_documentation_en-US" xlink:label="lab_ocn_LossContingencyOversightMonitorPeriod_D426945095156EB598AC6363E41B8934" 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-20140930.xsd#ocn_LossContingencyOversightMonitorPeriod" xlink:label="loc_ocn_LossContingencyOversightMonitorPeriod_D426945095156EB598AC6363E41B8934" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LossContingencyOversightMonitorPeriod_D426945095156EB598AC6363E41B8934" xlink:to="lab_ocn_LossContingencyOversightMonitorPeriod_D426945095156EB598AC6363E41B8934" xlink:type="arc" />
    <link:label id="lab_ocn_LossContingencyConsumerReliefFund_19E95A692D43FC41E27F6363E41B11D6_terseLabel_en-US" xlink:label="lab_ocn_LossContingencyConsumerReliefFund_19E95A692D43FC41E27F6363E41B11D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consumer relief fund payment</link:label>
    <link:label id="lab_ocn_LossContingencyConsumerReliefFund_19E95A692D43FC41E27F6363E41B11D6_label_en-US" xlink:label="lab_ocn_LossContingencyConsumerReliefFund_19E95A692D43FC41E27F6363E41B11D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Consumer Relief Fund</link:label>
    <link:label id="lab_ocn_LossContingencyConsumerReliefFund_19E95A692D43FC41E27F6363E41B11D6_documentation_en-US" xlink:label="lab_ocn_LossContingencyConsumerReliefFund_19E95A692D43FC41E27F6363E41B11D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Contingency, Consumer Relief Fund</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_LossContingencyConsumerReliefFund" xlink:label="loc_ocn_LossContingencyConsumerReliefFund_19E95A692D43FC41E27F6363E41B11D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LossContingencyConsumerReliefFund_19E95A692D43FC41E27F6363E41B11D6" xlink:to="lab_ocn_LossContingencyConsumerReliefFund_19E95A692D43FC41E27F6363E41B11D6" xlink:type="arc" />
    <link:label id="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount_F313914A480EAE0B6BBB6363E41BD4B4_terseLabel_en-US" xlink:label="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount_F313914A480EAE0B6BBB6363E41BD4B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consumer relief fund, former owner's responsibility amount</link:label>
    <link:label id="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount_F313914A480EAE0B6BBB6363E41BD4B4_label_en-US" xlink:label="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount_F313914A480EAE0B6BBB6363E41BD4B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Consumer Relief Fund, Former Owner Responsibility, Amount</link:label>
    <link:label id="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount_F313914A480EAE0B6BBB6363E41BD4B4_documentation_en-US" xlink:label="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount_F313914A480EAE0B6BBB6363E41BD4B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Contingency, Consumer Relief Fund, Former Owner Responsibility, Amount</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount" xlink:label="loc_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount_F313914A480EAE0B6BBB6363E41BD4B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount_F313914A480EAE0B6BBB6363E41BD4B4" xlink:to="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmount_F313914A480EAE0B6BBB6363E41BD4B4" xlink:type="arc" />
    <link:label id="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived_D6E93A441195EED62AE26363E41BCC76_terseLabel_en-US" xlink:label="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived_D6E93A441195EED62AE26363E41BCC76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consumer relief fund, former owner's responsibility amount received</link:label>
    <link:label id="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived_D6E93A441195EED62AE26363E41BCC76_label_en-US" xlink:label="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived_D6E93A441195EED62AE26363E41BCC76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Consumer Relief Fund, Former Owner Responsibility, Amount Received</link:label>
    <link:label id="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived_D6E93A441195EED62AE26363E41BCC76_documentation_en-US" xlink:label="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived_D6E93A441195EED62AE26363E41BCC76" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Contingency, Consumer Relief Fund, Former Owner Responsibility, Amount Received</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived" xlink:label="loc_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived_D6E93A441195EED62AE26363E41BCC76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived_D6E93A441195EED62AE26363E41BCC76" xlink:to="lab_ocn_LossContingencyConsumerReliefFundFormerOwnerResponsibilityAmountReceived_D6E93A441195EED62AE26363E41BCC76" xlink:type="arc" />
    <link:label id="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount_0A17C2331AF5E7BBCE526363E41B402B_terseLabel_en-US" xlink:label="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount_0A17C2331AF5E7BBCE526363E41B402B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal forgiveness modification program, aggregate amount</link:label>
    <link:label id="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount_0A17C2331AF5E7BBCE526363E41B402B_label_en-US" xlink:label="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount_0A17C2331AF5E7BBCE526363E41B402B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Principal Forgiveness Modification Program, Aggregate Amount</link:label>
    <link:label id="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount_0A17C2331AF5E7BBCE526363E41B402B_documentation_en-US" xlink:label="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount_0A17C2331AF5E7BBCE526363E41B402B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Contingency, Principal Forgiveness Modification Program, Aggregate Amount</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount" xlink:label="loc_ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount_0A17C2331AF5E7BBCE526363E41B402B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount_0A17C2331AF5E7BBCE526363E41B402B" xlink:to="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramAggregateAmount_0A17C2331AF5E7BBCE526363E41B402B" xlink:type="arc" />
    <link:label id="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramTerm_CE7A5D33A4D53B56757E6363E41B93DE_terseLabel_en-US" xlink:label="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramTerm_CE7A5D33A4D53B56757E6363E41B93DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal forgiveness modification program, term</link:label>
    <link:label id="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramTerm_CE7A5D33A4D53B56757E6363E41B93DE_label_en-US" xlink:label="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramTerm_CE7A5D33A4D53B56757E6363E41B93DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Principal Forgiveness Modification Program, Term</link:label>
    <link:label id="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramTerm_CE7A5D33A4D53B56757E6363E41B93DE_documentation_en-US" xlink:label="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramTerm_CE7A5D33A4D53B56757E6363E41B93DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Contingency, Principal Forgiveness Modification Program, Term</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_LossContingencyPrincipalForgivenessModificationProgramTerm" xlink:label="loc_ocn_LossContingencyPrincipalForgivenessModificationProgramTerm_CE7A5D33A4D53B56757E6363E41B93DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LossContingencyPrincipalForgivenessModificationProgramTerm_CE7A5D33A4D53B56757E6363E41B93DE" xlink:to="lab_ocn_LossContingencyPrincipalForgivenessModificationProgramTerm_CE7A5D33A4D53B56757E6363E41B93DE" xlink:type="arc" />
    <link:label id="lab_ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance_BD6FF82128030EDC5DB86363E41B648A_terseLabel_en-US" xlink:label="lab_ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance_BD6FF82128030EDC5DB86363E41B648A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provided or assumed representation and warranty obligations of unpaid principal balance</link:label>
    <link:label id="lab_ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance_BD6FF82128030EDC5DB86363E41B648A_label_en-US" xlink:label="lab_ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance_BD6FF82128030EDC5DB86363E41B648A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provided Or Assumed Representation And Warranty Obligations Of Unpaid Principal Balance</link:label>
    <link:label id="lab_ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance_BD6FF82128030EDC5DB86363E41B648A_documentation_en-US" xlink:label="lab_ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance_BD6FF82128030EDC5DB86363E41B648A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents unpaid principal balance of loans for which the company has provided or assumed representation and warranty obligations.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance" xlink:label="loc_ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance_BD6FF82128030EDC5DB86363E41B648A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance_BD6FF82128030EDC5DB86363E41B648A" xlink:to="lab_ocn_ProvidedOrAssumedRepresentationAndWarrantyObligationsOfUnpaidPrincipalBalance_BD6FF82128030EDC5DB86363E41B648A" xlink:type="arc" />
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_E1F5270BC008D1C9EEC46363E41BF8AA_terseLabel_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_E1F5270BC008D1C9EEC46363E41BF8AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Warranty repurchase demands unpaid principal balance</link:label>
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_E1F5270BC008D1C9EEC46363E41BF8AA_label_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_E1F5270BC008D1C9EEC46363E41BF8AA" 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_E1F5270BC008D1C9EEC46363E41BF8AA_documentation_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_E1F5270BC008D1C9EEC46363E41BF8AA" 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-20140930.xsd#ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance" xlink:label="loc_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_E1F5270BC008D1C9EEC46363E41BF8AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_E1F5270BC008D1C9EEC46363E41BF8AA" xlink:to="lab_ocn_WarrantyRepurchaseDemandsUnpaidPrincipalBalance_E1F5270BC008D1C9EEC46363E41BF8AA" xlink:type="arc" />
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_1EC9FB12E1D599D46CC06363E41B29FC_terseLabel_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_1EC9FB12E1D599D46CC06363E41B29FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Warranty repurchase demands number of loans</link:label>
    <link:label id="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_1EC9FB12E1D599D46CC06363E41B29FC_label_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_1EC9FB12E1D599D46CC06363E41B29FC" 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_1EC9FB12E1D599D46CC06363E41B29FC_documentation_en-US" xlink:label="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_1EC9FB12E1D599D46CC06363E41B29FC" 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-20140930.xsd#ocn_WarrantyRepurchaseDemandsNumberOfLoans" xlink:label="loc_ocn_WarrantyRepurchaseDemandsNumberOfLoans_1EC9FB12E1D599D46CC06363E41B29FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_WarrantyRepurchaseDemandsNumberOfLoans_1EC9FB12E1D599D46CC06363E41B29FC" xlink:to="lab_ocn_WarrantyRepurchaseDemandsNumberOfLoans_1EC9FB12E1D599D46CC06363E41B29FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateSwapMember_C152264737B3DB26A94710753D7CEFEE_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_C152264737B3DB26A94710753D7CEFEE" 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_C152264737B3DB26A94710753D7CEFEE_label_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_C152264737B3DB26A94710753D7CEFEE" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="loc_us-gaap_InterestRateSwapMember_C152264737B3DB26A94710753D7CEFEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateSwapMember_C152264737B3DB26A94710753D7CEFEE" xlink:to="lab_us-gaap_InterestRateSwapMember_C152264737B3DB26A94710753D7CEFEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementLocationAxis_ABD74B46F5C5A6F39DD810753D7C2145_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_ABD74B46F5C5A6F39DD810753D7C2145" 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_ABD74B46F5C5A6F39DD810753D7C2145_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_ABD74B46F5C5A6F39DD810753D7C2145" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="loc_us-gaap_IncomeStatementLocationAxis_ABD74B46F5C5A6F39DD810753D7C2145" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationAxis_ABD74B46F5C5A6F39DD810753D7C2145" xlink:to="lab_us-gaap_IncomeStatementLocationAxis_ABD74B46F5C5A6F39DD810753D7C2145" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_EE7C0CD110FE90E3268010753D7C1D9C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_EE7C0CD110FE90E3268010753D7C1D9C" 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_EE7C0CD110FE90E3268010753D7C1D9C_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_EE7C0CD110FE90E3268010753D7C1D9C" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="loc_us-gaap_IncomeStatementLocationDomain_EE7C0CD110FE90E3268010753D7C1D9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationDomain_EE7C0CD110FE90E3268010753D7C1D9C" xlink:to="lab_us-gaap_IncomeStatementLocationDomain_EE7C0CD110FE90E3268010753D7C1D9C" xlink:type="arc" />
    <link:label id="lab_ocn_OtherNetMember_E93F9D7EA258776168E910753D7C05C1_terseLabel_en-US" xlink:label="lab_ocn_OtherNetMember_E93F9D7EA258776168E910753D7C05C1" 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_E93F9D7EA258776168E910753D7C05C1_label_en-US" xlink:label="lab_ocn_OtherNetMember_E93F9D7EA258776168E910753D7C05C1" 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_E93F9D7EA258776168E910753D7C05C1_documentation_en-US" xlink:label="lab_ocn_OtherNetMember_E93F9D7EA258776168E910753D7C05C1" 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-20140930.xsd#ocn_OtherNetMember" xlink:label="loc_ocn_OtherNetMember_E93F9D7EA258776168E910753D7C05C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherNetMember_E93F9D7EA258776168E910753D7C05C1" xlink:to="lab_ocn_OtherNetMember_E93F9D7EA258776168E910753D7C05C1" xlink:type="arc" />
    <link:label id="lab_ocn_GainOnLoansHeldForSaleNetMember_824DB01D92D94C8DDDAC10753D7D3563_terseLabel_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNetMember_824DB01D92D94C8DDDAC10753D7D3563" 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_824DB01D92D94C8DDDAC10753D7D3563_label_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNetMember_824DB01D92D94C8DDDAC10753D7D3563" 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_824DB01D92D94C8DDDAC10753D7D3563_documentation_en-US" xlink:label="lab_ocn_GainOnLoansHeldForSaleNetMember_824DB01D92D94C8DDDAC10753D7D3563" 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-20140930.xsd#ocn_GainOnLoansHeldForSaleNetMember" xlink:label="loc_ocn_GainOnLoansHeldForSaleNetMember_824DB01D92D94C8DDDAC10753D7D3563" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainOnLoansHeldForSaleNetMember_824DB01D92D94C8DDDAC10753D7D3563" xlink:to="lab_ocn_GainOnLoansHeldForSaleNetMember_824DB01D92D94C8DDDAC10753D7D3563" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeByNatureAxis_7AE63E8954F013770B7910753D7D8346_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeByNatureAxis_7AE63E8954F013770B7910753D7D8346" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, by Nature [Axis]</link:label>
    <link:label id="lab_us-gaap_DerivativeByNatureAxis_7AE63E8954F013770B7910753D7D8346_label_en-US" xlink:label="lab_us-gaap_DerivativeByNatureAxis_7AE63E8954F013770B7910753D7D8346" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, by Nature [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="loc_us-gaap_DerivativeByNatureAxis_7AE63E8954F013770B7910753D7D8346" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeByNatureAxis_7AE63E8954F013770B7910753D7D8346" xlink:to="lab_us-gaap_DerivativeByNatureAxis_7AE63E8954F013770B7910753D7D8346" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeNameDomain_511258E420AB1AA059DC10753D7D87CD_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNameDomain_511258E420AB1AA059DC10753D7D87CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DerivativeNameDomain_511258E420AB1AA059DC10753D7D87CD_label_en-US" xlink:label="lab_us-gaap_DerivativeNameDomain_511258E420AB1AA059DC10753D7D87CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="loc_us-gaap_DerivativeNameDomain_511258E420AB1AA059DC10753D7D87CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeNameDomain_511258E420AB1AA059DC10753D7D87CD" xlink:to="lab_us-gaap_DerivativeNameDomain_511258E420AB1AA059DC10753D7D87CD" xlink:type="arc" />
    <link:label id="lab_ocn_ForwardMBSTradesMember_0A06CAEC54BAEC05ADCD10753D7DE5AB_terseLabel_en-US" xlink:label="lab_ocn_ForwardMBSTradesMember_0A06CAEC54BAEC05ADCD10753D7DE5AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward MBS Trades [Member]</link:label>
    <link:label id="lab_ocn_ForwardMBSTradesMember_0A06CAEC54BAEC05ADCD10753D7DE5AB_label_en-US" xlink:label="lab_ocn_ForwardMBSTradesMember_0A06CAEC54BAEC05ADCD10753D7DE5AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forward MBS Trades [Member]</link:label>
    <link:label id="lab_ocn_ForwardMBSTradesMember_0A06CAEC54BAEC05ADCD10753D7DE5AB_documentation_en-US" xlink:label="lab_ocn_ForwardMBSTradesMember_0A06CAEC54BAEC05ADCD10753D7DE5AB" 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-20140930.xsd#ocn_ForwardMBSTradesMember" xlink:label="loc_ocn_ForwardMBSTradesMember_0A06CAEC54BAEC05ADCD10753D7DE5AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ForwardMBSTradesMember_0A06CAEC54BAEC05ADCD10753D7DE5AB" xlink:to="lab_ocn_ForwardMBSTradesMember_0A06CAEC54BAEC05ADCD10753D7DE5AB" xlink:type="arc" />
    <link:label id="lab_ocn_IRLCMember_E858BE37E3829015EC7910753D7DB0A8_terseLabel_en-US" xlink:label="lab_ocn_IRLCMember_E858BE37E3829015EC7910753D7DB0A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IRLCs [Member]</link:label>
    <link:label id="lab_ocn_IRLCMember_E858BE37E3829015EC7910753D7DB0A8_label_en-US" xlink:label="lab_ocn_IRLCMember_E858BE37E3829015EC7910753D7DB0A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IRLC [Member]</link:label>
    <link:label id="lab_ocn_IRLCMember_E858BE37E3829015EC7910753D7DB0A8_documentation_en-US" xlink:label="lab_ocn_IRLCMember_E858BE37E3829015EC7910753D7DB0A8" 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-20140930.xsd#ocn_IRLCMember" xlink:label="loc_ocn_IRLCMember_E858BE37E3829015EC7910753D7DB0A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_IRLCMember_E858BE37E3829015EC7910753D7DB0A8" xlink:to="lab_ocn_IRLCMember_E858BE37E3829015EC7910753D7DB0A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_HedgingDesignationAxis_EF517DD0E33A6375ECC110753D7DB92C_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis_EF517DD0E33A6375ECC110753D7DB92C" 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_EF517DD0E33A6375ECC110753D7DB92C_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis_EF517DD0E33A6375ECC110753D7DB92C" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="loc_us-gaap_HedgingDesignationAxis_EF517DD0E33A6375ECC110753D7DB92C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationAxis_EF517DD0E33A6375ECC110753D7DB92C" xlink:to="lab_us-gaap_HedgingDesignationAxis_EF517DD0E33A6375ECC110753D7DB92C" xlink:type="arc" />
    <link:label id="lab_us-gaap_HedgingDesignationDomain_30FA5F75A88C01CF7B7310753D7DBBA5_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_30FA5F75A88C01CF7B7310753D7DBBA5" 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_30FA5F75A88C01CF7B7310753D7DBBA5_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_30FA5F75A88C01CF7B7310753D7DBBA5" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="loc_us-gaap_HedgingDesignationDomain_30FA5F75A88C01CF7B7310753D7DBBA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationDomain_30FA5F75A88C01CF7B7310753D7DBBA5" xlink:to="lab_us-gaap_HedgingDesignationDomain_30FA5F75A88C01CF7B7310753D7DBBA5" xlink:type="arc" />
    <link:label id="lab_us-gaap_NondesignatedMember_A101C199ABE8DBA7B43C10753D82A2A0_terseLabel_en-US" xlink:label="lab_us-gaap_NondesignatedMember_A101C199ABE8DBA7B43C10753D82A2A0" 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_A101C199ABE8DBA7B43C10753D82A2A0_label_en-US" xlink:label="lab_us-gaap_NondesignatedMember_A101C199ABE8DBA7B43C10753D82A2A0" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="loc_us-gaap_NondesignatedMember_A101C199ABE8DBA7B43C10753D82A2A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NondesignatedMember_A101C199ABE8DBA7B43C10753D82A2A0" xlink:to="lab_us-gaap_NondesignatedMember_A101C199ABE8DBA7B43C10753D82A2A0" xlink:type="arc" />
    <link:label id="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_34EDFEBEE0C25845910210753D82365A_terseLabel_en-US" xlink:label="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_34EDFEBEE0C25845910210753D82365A" 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_34EDFEBEE0C25845910210753D82365A_label_en-US" xlink:label="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_34EDFEBEE0C25845910210753D82365A" 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_34EDFEBEE0C25845910210753D82365A_documentation_en-US" xlink:label="lab_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_34EDFEBEE0C25845910210753D82365A" 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-20140930.xsd#ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract" xlink:label="loc_ocn_HedgeTheEffectOfChangesInInterestRatesOnInterestExpenseOnBorrowingsAbstract_34EDFEBEE0C25845910210753D82365A" xlink:type="locator" />
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    <link:loc xlink:href="ocn-20140930.xsd#ocn_AdvancesPaymentsonBehalfofBorrowerSales" xlink:label="loc_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F44D9C1D94AFA8EC1D8552D9F5E013FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F44D9C1D94AFA8EC1D8552D9F5E013FC" xlink:to="lab_ocn_AdvancesPaymentsonBehalfofBorrowerSales_F44D9C1D94AFA8EC1D8552D9F5E013FC" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_9C292175FEB822960A1752D9F5E0893C_terseLabel_en-US" xlink:label="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_9C292175FEB822960A1752D9F5E0893C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New advances, net of collections and other</link:label>
    <link:label id="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_9C292175FEB822960A1752D9F5E0893C_label_en-US" xlink:label="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_9C292175FEB822960A1752D9F5E0893C" 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_9C292175FEB822960A1752D9F5E0893C_documentation_en-US" xlink:label="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_9C292175FEB822960A1752D9F5E0893C" 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-20140930.xsd#ocn_AdvancesPaymentsonBehalfofBorrowersAdditions" xlink:label="loc_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_9C292175FEB822960A1752D9F5E0893C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_9C292175FEB822960A1752D9F5E0893C" xlink:to="lab_ocn_AdvancesPaymentsonBehalfofBorrowersAdditions_9C292175FEB822960A1752D9F5E0893C" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesPaymentsOnBehalfOfByBorrower_4500F2162773889230DF52D9F5E002B8_periodEndLabel_en-US" xlink:label="lab_ocn_AdvancesPaymentsOnBehalfOfByBorrower_4500F2162773889230DF52D9F5E002B8" 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-20140930.xsd#ocn_AdvancesPaymentsOnBehalfOfByBorrower" xlink:label="loc_ocn_AdvancesPaymentsOnBehalfOfByBorrower_4500F2162773889230DF52D9F5E002B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesPaymentsOnBehalfOfByBorrower_4500F2162773889230DF52D9F5E002B8" xlink:to="lab_ocn_AdvancesPaymentsOnBehalfOfByBorrower_4500F2162773889230DF52D9F5E002B8" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionAxis_91DF6CAB82ABD8F49C8361A331826D96_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_91DF6CAB82ABD8F49C8361A331826D96" 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_91DF6CAB82ABD8F49C8361A331826D96_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_91DF6CAB82ABD8F49C8361A331826D96" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionAxis_91DF6CAB82ABD8F49C8361A331826D96" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionAxis_91DF6CAB82ABD8F49C8361A331826D96" xlink:to="lab_us-gaap_RelatedPartyTransactionAxis_91DF6CAB82ABD8F49C8361A331826D96" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionDomain_79E85198B64C274BD77161A33182B80F_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_79E85198B64C274BD77161A33182B80F" 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_79E85198B64C274BD77161A33182B80F_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_79E85198B64C274BD77161A33182B80F" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_79E85198B64C274BD77161A33182B80F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionDomain_79E85198B64C274BD77161A33182B80F" xlink:to="lab_us-gaap_RelatedPartyTransactionDomain_79E85198B64C274BD77161A33182B80F" xlink:type="arc" />
    <link:label id="lab_ocn_HomewardAcquisitionMember_3C41E33450F5C788D71161A331824180_terseLabel_en-US" xlink:label="lab_ocn_HomewardAcquisitionMember_3C41E33450F5C788D71161A331824180" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Homeward Acquisition [Member]</link:label>
    <link:label id="lab_ocn_HomewardAcquisitionMember_3C41E33450F5C788D71161A331824180_label_en-US" xlink:label="lab_ocn_HomewardAcquisitionMember_3C41E33450F5C788D71161A331824180" 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_3C41E33450F5C788D71161A331824180_documentation_en-US" xlink:label="lab_ocn_HomewardAcquisitionMember_3C41E33450F5C788D71161A331824180" 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-20140930.xsd#ocn_HomewardAcquisitionMember" xlink:label="loc_ocn_HomewardAcquisitionMember_3C41E33450F5C788D71161A331824180" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HomewardAcquisitionMember_3C41E33450F5C788D71161A331824180" xlink:to="lab_ocn_HomewardAcquisitionMember_3C41E33450F5C788D71161A331824180" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_9E902E888D998953C61D61A331828C7D_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_9E902E888D998953C61D61A331828C7D" 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_9E902E888D998953C61D61A331828C7D_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_9E902E888D998953C61D61A331828C7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_9E902E888D998953C61D61A331828C7D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_9E902E888D998953C61D61A331828C7D" xlink:to="lab_us-gaap_TitleOfIndividualAxis_9E902E888D998953C61D61A331828C7D" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_CEED6E15E5DC87FB852961A331829636_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_CEED6E15E5DC87FB852961A331829636" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of Individual with Relationship to Entity [Domain]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_CEED6E15E5DC87FB852961A331829636_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_CEED6E15E5DC87FB852961A331829636" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_CEED6E15E5DC87FB852961A331829636" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_CEED6E15E5DC87FB852961A331829636" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_CEED6E15E5DC87FB852961A331829636" xlink:type="arc" />
    <link:label id="lab_us-gaap_BoardOfDirectorsChairmanMember_4586EEC37FE5C0F9543261A33182601C_terseLabel_en-US" xlink:label="lab_us-gaap_BoardOfDirectorsChairmanMember_4586EEC37FE5C0F9543261A33182601C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Executive Chairman of the Board of Directors Chairman [Member]</link:label>
    <link:label id="lab_us-gaap_BoardOfDirectorsChairmanMember_4586EEC37FE5C0F9543261A33182601C_label_en-US" xlink:label="lab_us-gaap_BoardOfDirectorsChairmanMember_4586EEC37FE5C0F9543261A33182601C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Board of Directors Chairman [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BoardOfDirectorsChairmanMember" xlink:label="loc_us-gaap_BoardOfDirectorsChairmanMember_4586EEC37FE5C0F9543261A33182601C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BoardOfDirectorsChairmanMember_4586EEC37FE5C0F9543261A33182601C" xlink:to="lab_us-gaap_BoardOfDirectorsChairmanMember_4586EEC37FE5C0F9543261A33182601C" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceAssetManagementCorporationMember_9FB2E4CAEC88E3B87AAB61A331822494_terseLabel_en-US" xlink:label="lab_ocn_AltisourceAssetManagementCorporationMember_9FB2E4CAEC88E3B87AAB61A331822494" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Altisource Asset Management Corporation [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_AltisourceAssetManagementCorporationMember" xlink:label="loc_ocn_AltisourceAssetManagementCorporationMember_9FB2E4CAEC88E3B87AAB61A331822494" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceAssetManagementCorporationMember_9FB2E4CAEC88E3B87AAB61A331822494" xlink:to="lab_ocn_AltisourceAssetManagementCorporationMember_9FB2E4CAEC88E3B87AAB61A331822494" xlink:type="arc" />
    <link:label id="lab_ocn_AltisourceResidentialLpMember_BDF124B1D8538507B26761A331844FB4_terseLabel_en-US" xlink:label="lab_ocn_AltisourceResidentialLpMember_BDF124B1D8538507B26761A331844FB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Altisource Residential Lp [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_AltisourceResidentialLpMember" xlink:label="loc_ocn_AltisourceResidentialLpMember_BDF124B1D8538507B26761A331844FB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AltisourceResidentialLpMember_BDF124B1D8538507B26761A331844FB4" xlink:to="lab_ocn_AltisourceResidentialLpMember_BDF124B1D8538507B26761A331844FB4" xlink:type="arc" />
    <link:label id="lab_ocn_HLSSSEZLPMember_C80770DAFD4112333F0B61A331847702_terseLabel_en-US" xlink:label="lab_ocn_HLSSSEZLPMember_C80770DAFD4112333F0B61A331847702" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HLSS SEZ LP [Member]</link:label>
    <link:label id="lab_ocn_HLSSSEZLPMember_C80770DAFD4112333F0B61A331847702_label_en-US" xlink:label="lab_ocn_HLSSSEZLPMember_C80770DAFD4112333F0B61A331847702" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HLSS SEZ LP [Member]</link:label>
    <link:label id="lab_ocn_HLSSSEZLPMember_C80770DAFD4112333F0B61A331847702_documentation_en-US" xlink:label="lab_ocn_HLSSSEZLPMember_C80770DAFD4112333F0B61A331847702" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">HLSS SEZ LP [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_HLSSSEZLPMember" xlink:label="loc_ocn_HLSSSEZLPMember_C80770DAFD4112333F0B61A331847702" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HLSSSEZLPMember_C80770DAFD4112333F0B61A331847702" xlink:to="lab_ocn_HLSSSEZLPMember_C80770DAFD4112333F0B61A331847702" xlink:type="arc" />
    <link:label id="lab_ocn_HLSSMortgageLPMember_8588EA333C4B647D584361A331846829_terseLabel_en-US" xlink:label="lab_ocn_HLSSMortgageLPMember_8588EA333C4B647D584361A331846829" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HLSS Mortgage LP [Member]</link:label>
    <link:label id="lab_ocn_HLSSMortgageLPMember_8588EA333C4B647D584361A331846829_label_en-US" xlink:label="lab_ocn_HLSSMortgageLPMember_8588EA333C4B647D584361A331846829" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HLSS Mortgage LP [Member]</link:label>
    <link:label id="lab_ocn_HLSSMortgageLPMember_8588EA333C4B647D584361A331846829_documentation_en-US" xlink:label="lab_ocn_HLSSMortgageLPMember_8588EA333C4B647D584361A331846829" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">HLSS Mortgage LP [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_HLSSMortgageLPMember" xlink:label="loc_ocn_HLSSMortgageLPMember_8588EA333C4B647D584361A331846829" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HLSSMortgageLPMember_8588EA333C4B647D584361A331846829" xlink:to="lab_ocn_HLSSMortgageLPMember_8588EA333C4B647D584361A331846829" xlink:type="arc" />
    <link:label id="lab_ocn_OcwenMember_839D3E722B0D0CCCCEEC61A331843781_terseLabel_en-US" xlink:label="lab_ocn_OcwenMember_839D3E722B0D0CCCCEEC61A331843781" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ocwen [Member]</link:label>
    <link:label id="lab_ocn_OcwenMember_839D3E722B0D0CCCCEEC61A331843781_label_en-US" xlink:label="lab_ocn_OcwenMember_839D3E722B0D0CCCCEEC61A331843781" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ocwen [Member]</link:label>
    <link:label id="lab_ocn_OcwenMember_839D3E722B0D0CCCCEEC61A331843781_documentation_en-US" xlink:label="lab_ocn_OcwenMember_839D3E722B0D0CCCCEEC61A331843781" 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-20140930.xsd#ocn_OcwenMember" xlink:label="loc_ocn_OcwenMember_839D3E722B0D0CCCCEEC61A331843781" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OcwenMember_839D3E722B0D0CCCCEEC61A331843781" xlink:to="lab_ocn_OcwenMember_839D3E722B0D0CCCCEEC61A331843781" xlink:type="arc" />
    <link:label id="lab_ocn_OwnershipPercentageByRelatedParty_22FF5ADF002B9419063461A331843C9C_terseLabel_en-US" xlink:label="lab_ocn_OwnershipPercentageByRelatedParty_22FF5ADF002B9419063461A331843C9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership percentage by related party</link:label>
    <link:label id="lab_ocn_OwnershipPercentageByRelatedParty_22FF5ADF002B9419063461A331843C9C_label_en-US" xlink:label="lab_ocn_OwnershipPercentageByRelatedParty_22FF5ADF002B9419063461A331843C9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership Percentage By Related Party</link:label>
    <link:label id="lab_ocn_OwnershipPercentageByRelatedParty_22FF5ADF002B9419063461A331843C9C_documentation_en-US" xlink:label="lab_ocn_OwnershipPercentageByRelatedParty_22FF5ADF002B9419063461A331843C9C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The related party's interest in net assets of the company, expressed as a percentage.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_OwnershipPercentageByRelatedParty" xlink:label="loc_ocn_OwnershipPercentageByRelatedParty_22FF5ADF002B9419063461A331843C9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OwnershipPercentageByRelatedParty_22FF5ADF002B9419063461A331843C9C" xlink:to="lab_ocn_OwnershipPercentageByRelatedParty_22FF5ADF002B9419063461A331843C9C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_69B466641D199DF6802561A331848BE5_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_69B466641D199DF6802561A331848BE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation arrangement by share-based payment award, options, outstanding, number (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_69B466641D199DF6802561A331848BE5_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_69B466641D199DF6802561A331848BE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_69B466641D199DF6802561A331848BE5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_69B466641D199DF6802561A331848BE5" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_69B466641D199DF6802561A331848BE5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_7AB1BAB7BCA9BE7AE45961A3318456B2_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_7AB1BAB7BCA9BE7AE45961A3318456B2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation arrangement by share-based payment award, options, exercisable, number (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_7AB1BAB7BCA9BE7AE45961A3318456B2_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_7AB1BAB7BCA9BE7AE45961A3318456B2" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_7AB1BAB7BCA9BE7AE45961A3318456B2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_CA80F8EE2789175DF86A61A3318458D7_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_CA80F8EE2789175DF86A61A3318458D7" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_CA80F8EE2789175DF86A61A3318458D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_CA80F8EE2789175DF86A61A3318458D7" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_CA80F8EE2789175DF86A61A3318458D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_7D5EEB8D8325BD00D31861A33184EA59_terseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_7D5EEB8D8325BD00D31861A33184EA59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recognized compensation expense</link:label>
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_7D5EEB8D8325BD00D31861A33184EA59_label_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_7D5EEB8D8325BD00D31861A33184EA59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allocated Share-based Compensation Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_7D5EEB8D8325BD00D31861A33184EA59" xlink:type="locator" />
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    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_B05B21F6A6E5CD8533D961A331845B11_terseLabel_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_B05B21F6A6E5CD8533D961A331845B11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unpaid principal balance of loans related to servicing assets sold</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_B05B21F6A6E5CD8533D961A331845B11_label_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_B05B21F6A6E5CD8533D961A331845B11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unpaid Principal Balance Of Loans Related To Servicing Assets Sold</link:label>
    <link:label id="lab_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_B05B21F6A6E5CD8533D961A331845B11_documentation_en-US" xlink:label="lab_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_B05B21F6A6E5CD8533D961A331845B11" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unpaid principal balance of loans related to servicing assets, measured at fair value, that have been conveyed to the third parties.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" xlink:label="loc_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_B05B21F6A6E5CD8533D961A331845B11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_B05B21F6A6E5CD8533D961A331845B11" xlink:to="lab_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold_B05B21F6A6E5CD8533D961A331845B11" xlink:type="arc" />
    <link:label id="lab_ocn_FairValueOfServicingAssetsSold_EC7EC50226393FF448EE61A33184C1D2_verboseLabel_en-US" xlink:label="lab_ocn_FairValueOfServicingAssetsSold_EC7EC50226393FF448EE61A33184C1D2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value of servicing assets sold</link:label>
    <link:label id="lab_ocn_FairValueOfServicingAssetsSold_EC7EC50226393FF448EE61A33184C1D2_label_en-US" xlink:label="lab_ocn_FairValueOfServicingAssetsSold_EC7EC50226393FF448EE61A33184C1D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Of Servicing Assets Sold</link:label>
    <link:label id="lab_ocn_FairValueOfServicingAssetsSold_EC7EC50226393FF448EE61A33184C1D2_documentation_en-US" xlink:label="lab_ocn_FairValueOfServicingAssetsSold_EC7EC50226393FF448EE61A33184C1D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value as of the date of sale of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_FairValueOfServicingAssetsSold" xlink:label="loc_ocn_FairValueOfServicingAssetsSold_EC7EC50226393FF448EE61A33184C1D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueOfServicingAssetsSold_EC7EC50226393FF448EE61A33184C1D2" xlink:to="lab_ocn_FairValueOfServicingAssetsSold_EC7EC50226393FF448EE61A33184C1D2" xlink:type="arc" />
    <link:label id="lab_ocn_SaleOfMatchFundedAdvances_781CA561C6D8C9AE874A61A331842A69_verboseLabel_en-US" xlink:label="lab_ocn_SaleOfMatchFundedAdvances_781CA561C6D8C9AE874A61A331842A69" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Sale of match funded advances</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_SaleOfMatchFundedAdvances" xlink:label="loc_ocn_SaleOfMatchFundedAdvances_781CA561C6D8C9AE874A61A331842A69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SaleOfMatchFundedAdvances_781CA561C6D8C9AE874A61A331842A69" xlink:to="lab_ocn_SaleOfMatchFundedAdvances_781CA561C6D8C9AE874A61A331842A69" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_3B32BB737E5E11C15D5861A3318416ED_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_3B32BB737E5E11C15D5861A3318416ED" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of loans held-for-sale</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_3B32BB737E5E11C15D5861A3318416ED_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_3B32BB737E5E11C15D5861A3318416ED" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfLoansHeldForSale" xlink:label="loc_us-gaap_ProceedsFromSaleOfLoansHeldForSale_3B32BB737E5E11C15D5861A3318416ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfLoansHeldForSale_3B32BB737E5E11C15D5861A3318416ED" xlink:to="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_3B32BB737E5E11C15D5861A3318416ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyReceivable_7F8AC6B2AA7CE2CE009961A33184DEBA_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyReceivable_7F8AC6B2AA7CE2CE009961A33184DEBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indemnification recovery</link:label>
    <link:label id="lab_us-gaap_LossContingencyReceivable_7F8AC6B2AA7CE2CE009961A33184DEBA_label_en-US" xlink:label="lab_us-gaap_LossContingencyReceivable_7F8AC6B2AA7CE2CE009961A33184DEBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingencyReceivable" xlink:label="loc_us-gaap_LossContingencyReceivable_7F8AC6B2AA7CE2CE009961A33184DEBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyReceivable_7F8AC6B2AA7CE2CE009961A33184DEBA" xlink:to="lab_us-gaap_LossContingencyReceivable_7F8AC6B2AA7CE2CE009961A33184DEBA" xlink:type="arc" />
    <link:label id="lab_ocn_PrincipalAndInterestAdvances_C92D3A0D9B6CBE8C58F552D9F5D63B75_terseLabel_en-US" xlink:label="lab_ocn_PrincipalAndInterestAdvances_C92D3A0D9B6CBE8C58F552D9F5D63B75" 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_C92D3A0D9B6CBE8C58F552D9F5D63B75_label_en-US" xlink:label="lab_ocn_PrincipalAndInterestAdvances_C92D3A0D9B6CBE8C58F552D9F5D63B75" 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_C92D3A0D9B6CBE8C58F552D9F5D63B75_documentation_en-US" xlink:label="lab_ocn_PrincipalAndInterestAdvances_C92D3A0D9B6CBE8C58F552D9F5D63B75" 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-20140930.xsd#ocn_PrincipalAndInterestAdvances" xlink:label="loc_ocn_PrincipalAndInterestAdvances_C92D3A0D9B6CBE8C58F552D9F5D63B75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PrincipalAndInterestAdvances_C92D3A0D9B6CBE8C58F552D9F5D63B75" xlink:to="lab_ocn_PrincipalAndInterestAdvances_C92D3A0D9B6CBE8C58F552D9F5D63B75" xlink:type="arc" />
    <link:label id="lab_ocn_TaxesAndInsuranceAdvances_5844D607949E20D16AB952D9F5D62C45_terseLabel_en-US" xlink:label="lab_ocn_TaxesAndInsuranceAdvances_5844D607949E20D16AB952D9F5D62C45" 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_5844D607949E20D16AB952D9F5D62C45_label_en-US" xlink:label="lab_ocn_TaxesAndInsuranceAdvances_5844D607949E20D16AB952D9F5D62C45" 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_5844D607949E20D16AB952D9F5D62C45_documentation_en-US" xlink:label="lab_ocn_TaxesAndInsuranceAdvances_5844D607949E20D16AB952D9F5D62C45" 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-20140930.xsd#ocn_TaxesAndInsuranceAdvances" xlink:label="loc_ocn_TaxesAndInsuranceAdvances_5844D607949E20D16AB952D9F5D62C45" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TaxesAndInsuranceAdvances_5844D607949E20D16AB952D9F5D62C45" xlink:to="lab_ocn_TaxesAndInsuranceAdvances_5844D607949E20D16AB952D9F5D62C45" xlink:type="arc" />
    <link:label id="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_16E1803C0003CEF6CB9C52D9F5D69831_terseLabel_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_16E1803C0003CEF6CB9C52D9F5D69831" 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_16E1803C0003CEF6CB9C52D9F5D69831_label_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_16E1803C0003CEF6CB9C52D9F5D69831" 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_16E1803C0003CEF6CB9C52D9F5D69831_documentation_en-US" xlink:label="lab_ocn_ForeclosuresBankruptcyRealEstateAndOther_16E1803C0003CEF6CB9C52D9F5D69831" 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-20140930.xsd#ocn_ForeclosuresBankruptcyRealEstateAndOther" xlink:label="loc_ocn_ForeclosuresBankruptcyRealEstateAndOther_16E1803C0003CEF6CB9C52D9F5D69831" xlink:type="locator" />
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    <link:label id="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_C9DBAF91FD224167B30F52D9F5D6C54D_totalLabel_en-US" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_C9DBAF91FD224167B30F52D9F5D6C54D" 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-20140930.xsd#ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:label="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo_C9DBAF91FD224167B30F52D9F5D6C54D" xlink:type="locator" />
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    <link:label id="lab_ocn_RevenuesAndExpensesAbstract_B3B986563F03E46ABA7A14A9DE0BE469_terseLabel_en-US" xlink:label="lab_ocn_RevenuesAndExpensesAbstract_B3B986563F03E46ABA7A14A9DE0BE469" 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_B3B986563F03E46ABA7A14A9DE0BE469_label_en-US" xlink:label="lab_ocn_RevenuesAndExpensesAbstract_B3B986563F03E46ABA7A14A9DE0BE469" 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_B3B986563F03E46ABA7A14A9DE0BE469_documentation_en-US" xlink:label="lab_ocn_RevenuesAndExpensesAbstract_B3B986563F03E46ABA7A14A9DE0BE469" 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-20140930.xsd#ocn_RevenuesAndExpensesAbstract" xlink:label="loc_ocn_RevenuesAndExpensesAbstract_B3B986563F03E46ABA7A14A9DE0BE469" xlink:type="locator" />
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    <link:label id="lab_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_3882DCCEBCC56FE47BACF5264789B144_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock_3882DCCEBCC56FE47BACF5264789B144" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Cash Flows Related to Transfers Accounted for as Sales</link:label>
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    <link:label id="lab_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_71F4CFEB24D1D31E8A7EF52647891D70_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock_71F4CFEB24D1D31E8A7EF52647891D70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" 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</link:label>
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    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValueAmortization1_8DD44B606D353011BD3E52D9F5CC84FF_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValueAmortization1_8DD44B606D353011BD3E52D9F5CC84FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Amortized Cost, Amortization</link:label>
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    <link:label id="lab_us-gaap_ServicingAssetAtAmortizedValue_3530B0C6E1349F70A22752D9F5CC06E1_periodEndLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValue_3530B0C6E1349F70A22752D9F5CC06E1" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValue" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValue_3530B0C6E1349F70A22752D9F5CC06E1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_5917E6D39B1FDED2D1D052D9F5CCA66C_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_5917E6D39B1FDED2D1D052D9F5CCA66C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated fair value at end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmount_5917E6D39B1FDED2D1D052D9F5CCA66C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_2EE3BCACB39497C58043F526443EB171_terseLabel_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_2EE3BCACB39497C58043F526443EB171" 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_2EE3BCACB39497C58043F526443EB171_label_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_2EE3BCACB39497C58043F526443EB171" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ContractuallySpecifiedServicingFeesAmount" xlink:label="loc_us-gaap_ContractuallySpecifiedServicingFeesAmount_2EE3BCACB39497C58043F526443EB171" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractuallySpecifiedServicingFeesAmount_2EE3BCACB39497C58043F526443EB171" xlink:to="lab_us-gaap_ContractuallySpecifiedServicingFeesAmount_2EE3BCACB39497C58043F526443EB171" xlink:type="arc" />
    <link:label id="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6E252A3CDB5C8C842BDFF526443EFE12_terseLabel_en-US" xlink:label="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6E252A3CDB5C8C842BDFF526443EFE12" 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_6E252A3CDB5C8C842BDFF526443EFE12_label_en-US" xlink:label="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6E252A3CDB5C8C842BDFF526443EFE12" 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_6E252A3CDB5C8C842BDFF526443EFE12_documentation_en-US" xlink:label="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6E252A3CDB5C8C842BDFF526443EFE12" 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-20140930.xsd#ocn_ContractuallySpecifiedSubservicingFeesAmount" xlink:label="loc_ocn_ContractuallySpecifiedSubservicingFeesAmount_6E252A3CDB5C8C842BDFF526443EFE12" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ContractuallySpecifiedSubservicingFeesAmount_6E252A3CDB5C8C842BDFF526443EFE12" xlink:to="lab_ocn_ContractuallySpecifiedSubservicingFeesAmount_6E252A3CDB5C8C842BDFF526443EFE12" xlink:type="arc" />
    <link:label id="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_9DEA7D627199E0FDF463F526443E7F25_totalLabel_en-US" xlink:label="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_9DEA7D627199E0FDF463F526443E7F25" 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_9DEA7D627199E0FDF463F526443E7F25_label_en-US" xlink:label="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_9DEA7D627199E0FDF463F526443E7F25" 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_9DEA7D627199E0FDF463F526443E7F25_documentation_en-US" xlink:label="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_9DEA7D627199E0FDF463F526443E7F25" 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-20140930.xsd#ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal" xlink:label="loc_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_9DEA7D627199E0FDF463F526443E7F25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_9DEA7D627199E0FDF463F526443E7F25" xlink:to="lab_ocn_ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal_9DEA7D627199E0FDF463F526443E7F25" xlink:type="arc" />
    <link:label id="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_E479DCA2EA2B0DB09C75F526443E5AF9_terseLabel_en-US" xlink:label="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_E479DCA2EA2B0DB09C75F526443E5AF9" 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_E479DCA2EA2B0DB09C75F526443E5AF9_label_en-US" xlink:label="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_E479DCA2EA2B0DB09C75F526443E5AF9" 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_E479DCA2EA2B0DB09C75F526443E5AF9_documentation_en-US" xlink:label="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_E479DCA2EA2B0DB09C75F526443E5AF9" 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-20140930.xsd#ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_E479DCA2EA2B0DB09C75F526443E5AF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_E479DCA2EA2B0DB09C75F526443E5AF9" xlink:to="lab_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets_E479DCA2EA2B0DB09C75F526443E5AF9" xlink:type="arc" />
    <link:label id="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_FF5D5F3BEDC7AF0AF7BCF526443E0052_terseLabel_en-US" xlink:label="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_FF5D5F3BEDC7AF0AF7BCF526443E0052" 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_FF5D5F3BEDC7AF0AF7BCF526443E0052_label_en-US" xlink:label="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_FF5D5F3BEDC7AF0AF7BCF526443E0052" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Late Fee Income Generated by Servicing Financial Assets, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:label="loc_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_FF5D5F3BEDC7AF0AF7BCF526443E0052" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_FF5D5F3BEDC7AF0AF7BCF526443E0052" xlink:to="lab_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_FF5D5F3BEDC7AF0AF7BCF526443E0052" xlink:type="arc" />
    <link:label id="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_189D70B05F1BF4283879F526443EBFDF_terseLabel_en-US" xlink:label="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_189D70B05F1BF4283879F526443EBFDF" 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_189D70B05F1BF4283879F526443EBFDF_label_en-US" xlink:label="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_189D70B05F1BF4283879F526443EBFDF" 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_189D70B05F1BF4283879F526443EBFDF_documentation_en-US" xlink:label="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_189D70B05F1BF4283879F526443EBFDF" 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-20140930.xsd#ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_189D70B05F1BF4283879F526443EBFDF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_189D70B05F1BF4283879F526443EBFDF" xlink:to="lab_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets_189D70B05F1BF4283879F526443EBFDF" xlink:type="arc" />
    <link:label id="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_21CD9FCEE1358DC3C9A4F526443E24E4_terseLabel_en-US" xlink:label="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_21CD9FCEE1358DC3C9A4F526443E24E4" 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_21CD9FCEE1358DC3C9A4F526443E24E4_label_en-US" xlink:label="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_21CD9FCEE1358DC3C9A4F526443E24E4" 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_21CD9FCEE1358DC3C9A4F526443E24E4_documentation_en-US" xlink:label="lab_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_21CD9FCEE1358DC3C9A4F526443E24E4" 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-20140930.xsd#ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets_21CD9FCEE1358DC3C9A4F526443E24E4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BCD669FA50249E1F8CC2F526443E5DA4_terseLabel_en-US" xlink:label="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BCD669FA50249E1F8CC2F526443E5DA4" 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_BCD669FA50249E1F8CC2F526443E5DA4_label_en-US" xlink:label="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BCD669FA50249E1F8CC2F526443E5DA4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ancillary Fee Income Generated by Servicing Financial Assets, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:label="loc_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BCD669FA50249E1F8CC2F526443E5DA4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BCD669FA50249E1F8CC2F526443E5DA4" xlink:to="lab_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount_BCD669FA50249E1F8CC2F526443E5DA4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_99CE50ACEFC78653C62DF526443E7B68_totalLabel_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_99CE50ACEFC78653C62DF526443E7B68" 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_99CE50ACEFC78653C62DF526443E7B68_label_en-US" xlink:label="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_99CE50ACEFC78653C62DF526443E7B68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractually Specified Servicing Fees, Late Fees, and Ancillary Fees Earned in Exchange for Servicing Financial Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_99CE50ACEFC78653C62DF526443E7B68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_99CE50ACEFC78653C62DF526443E7B68" xlink:to="lab_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_99CE50ACEFC78653C62DF526443E7B68" xlink:type="arc" />
    <link:label id="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_180B5466FB13EAD812625274C9524C75_terseLabel_en-US" xlink:label="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_180B5466FB13EAD812625274C9524C75" 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_180B5466FB13EAD812625274C9524C75_label_en-US" xlink:label="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_180B5466FB13EAD812625274C9524C75" 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_180B5466FB13EAD812625274C9524C75_documentation_en-US" xlink:label="lab_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_180B5466FB13EAD812625274C9524C75" 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-20140930.xsd#ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" xlink:label="loc_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock_180B5466FB13EAD812625274C9524C75" xlink:type="locator" />
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    <link:label id="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_31D8BCD597E447DC61F05274C9524FAE_terseLabel_en-US" xlink:label="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_31D8BCD597E447DC61F05274C9524FAE" 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>
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    <link:label id="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_31D8BCD597E447DC61F05274C9524FAE_documentation_en-US" xlink:label="lab_ocn_ScheduleofActivityInMatchFundedAdvancesTableTextBlock_31D8BCD597E447DC61F05274C9524FAE" 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>
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    <link:label id="lab_ocn_IndemnificationObligationsLiability_9B78B8B462BC343099B25D04A87D44C0_terseLabel_en-US" xlink:label="lab_ocn_IndemnificationObligationsLiability_9B78B8B462BC343099B25D04A87D44C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability for indemnification obligations</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_IndemnificationObligationsLiability" xlink:label="loc_ocn_IndemnificationObligationsLiability_9B78B8B462BC343099B25D04A87D44C0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_04FC7D66B9549882D5575D04A87DA77B_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_04FC7D66B9549882D5575D04A87DA77B" 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_04FC7D66B9549882D5575D04A87DA77B_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_04FC7D66B9549882D5575D04A87DA77B" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_04FC7D66B9549882D5575D04A87DA77B" xlink:type="locator" />
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    <link:label id="lab_ocn_DueToServicingAndSubservicingInvestors_C0119D0FDC4824FAA7E75D04A87D2931_terseLabel_en-US" xlink:label="lab_ocn_DueToServicingAndSubservicingInvestors_C0119D0FDC4824FAA7E75D04A87D2931" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payable to loan servicing and subservicing investors</link:label>
    <link:label id="lab_ocn_DueToServicingAndSubservicingInvestors_C0119D0FDC4824FAA7E75D04A87D2931_label_en-US" xlink:label="lab_ocn_DueToServicingAndSubservicingInvestors_C0119D0FDC4824FAA7E75D04A87D2931" 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_C0119D0FDC4824FAA7E75D04A87D2931_documentation_en-US" xlink:label="lab_ocn_DueToServicingAndSubservicingInvestors_C0119D0FDC4824FAA7E75D04A87D2931" 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>
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    <link:label id="lab_us-gaap_DueToRelatedPartiesCurrent_E52483B72EAB4CC8352B5D04A87DE9CE_terseLabel_en-US" xlink:label="lab_us-gaap_DueToRelatedPartiesCurrent_E52483B72EAB4CC8352B5D04A87DE9CE" 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_E52483B72EAB4CC8352B5D04A87DE9CE_label_en-US" xlink:label="lab_us-gaap_DueToRelatedPartiesCurrent_E52483B72EAB4CC8352B5D04A87DE9CE" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DueToRelatedPartiesCurrent" xlink:label="loc_us-gaap_DueToRelatedPartiesCurrent_E52483B72EAB4CC8352B5D04A87DE9CE" xlink:type="locator" />
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    <link:label id="lab_ocn_LiabilityForUncertainTaxPositions_BAF8F72B975D43D3087C5D04A87DB6EC_terseLabel_en-US" xlink:label="lab_ocn_LiabilityForUncertainTaxPositions_BAF8F72B975D43D3087C5D04A87DB6EC" 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_ocn_LiabilityForUncertainTaxPositions_BAF8F72B975D43D3087C5D04A87DB6EC_label_en-US" xlink:label="lab_ocn_LiabilityForUncertainTaxPositions_BAF8F72B975D43D3087C5D04A87DB6EC" 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_BAF8F72B975D43D3087C5D04A87DB6EC_documentation_en-US" xlink:label="lab_ocn_LiabilityForUncertainTaxPositions_BAF8F72B975D43D3087C5D04A87DB6EC" 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-20140930.xsd#ocn_LiabilityForUncertainTaxPositions" xlink:label="loc_ocn_LiabilityForUncertainTaxPositions_BAF8F72B975D43D3087C5D04A87DB6EC" xlink:type="locator" />
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    <link:label id="lab_ocn_ChecksHeldForEscheat_79889961B3C4DB68C05D5D04A87D5F57_terseLabel_en-US" xlink:label="lab_ocn_ChecksHeldForEscheat_79889961B3C4DB68C05D5D04A87D5F57" 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_79889961B3C4DB68C05D5D04A87D5F57_label_en-US" xlink:label="lab_ocn_ChecksHeldForEscheat_79889961B3C4DB68C05D5D04A87D5F57" 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_79889961B3C4DB68C05D5D04A87D5F57_documentation_en-US" xlink:label="lab_ocn_ChecksHeldForEscheat_79889961B3C4DB68C05D5D04A87D5F57" 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-20140930.xsd#ocn_ChecksHeldForEscheat" xlink:label="loc_ocn_ChecksHeldForEscheat_79889961B3C4DB68C05D5D04A87D5F57" xlink:type="locator" />
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    <link:label id="lab_ocn_ForeclosureLiability_7BF6D69F9C33032A378A5D04A87DC34C_verboseLabel_en-US" xlink:label="lab_ocn_ForeclosureLiability_7BF6D69F9C33032A378A5D04A87DC34C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liability for certain foreclosure matters</link:label>
    <link:label id="lab_ocn_ForeclosureLiability_7BF6D69F9C33032A378A5D04A87DC34C_label_en-US" xlink:label="lab_ocn_ForeclosureLiability_7BF6D69F9C33032A378A5D04A87DC34C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreclosure Liability</link:label>
    <link:label id="lab_ocn_ForeclosureLiability_7BF6D69F9C33032A378A5D04A87DC34C_documentation_en-US" xlink:label="lab_ocn_ForeclosureLiability_7BF6D69F9C33032A378A5D04A87DC34C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the liability for certain foreclosure matters.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_ForeclosureLiability" xlink:label="loc_ocn_ForeclosureLiability_7BF6D69F9C33032A378A5D04A87DC34C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_85474019F4DEC803C6A65D04A87D2A6C_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiability_85474019F4DEC803C6A65D04A87D2A6C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additional purchase price due seller - ResCap Acquisition</link:label>
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    <link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_F886871E09756738B5515D04A87D6920_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_F886871E09756738B5515D04A87D6920" 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_F886871E09756738B5515D04A87D6920_label_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_F886871E09756738B5515D04A87D6920" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_F886871E09756738B5515D04A87D6920" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherLiabilities_A4C8888E3D41445F79005D04A87D29A2_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_A4C8888E3D41445F79005D04A87D29A2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total other liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_A4C8888E3D41445F79005D04A87D29A2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfOtherAssetsTableTextBlock_C68F54D00A676A81E485F52647E74BFD_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherAssetsTableTextBlock_C68F54D00A676A81E485F52647E74BFD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Assets</link:label>
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    <link:label id="lab_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_646000369B485F3A73970A986B42E98B_terseLabel_en-US" xlink:label="lab_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_646000369B485F3A73970A986B42E98B" 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_646000369B485F3A73970A986B42E98B_label_en-US" xlink:label="lab_us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsuranceSummary_646000369B485F3A73970A986B42E98B" 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>
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    <link:label id="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_77710091472EBC7A3AA13071242BDE5D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale_77710091472EBC7A3AA13071242BDE5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds received from securitizations</link:label>
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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_8FD95700C43217B8BDD55D04A8088A9E_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeOtherNetOfTax_8FD95700C43217B8BDD55D04A8088A9E" 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>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_BD06A07EF4BD2722B5445D04A808B91B" xlink:type="locator" />
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    <link:label id="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_3DFA08B5BD880BC8250452D9F5B821C6_terseLabel_en-US" xlink:label="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_3DFA08B5BD880BC8250452D9F5B821C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing receivable, government-insured loan claims</link:label>
    <link:label id="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_3DFA08B5BD880BC8250452D9F5B821C6_label_en-US" xlink:label="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_3DFA08B5BD880BC8250452D9F5B821C6" 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_3DFA08B5BD880BC8250452D9F5B821C6_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableGovernmentInsuredLoanClaims_3DFA08B5BD880BC8250452D9F5B821C6" 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-20140930.xsd#ocn_ServicingReceivableGovernmentInsuredLoanClaims" xlink:label="loc_ocn_ServicingReceivableGovernmentInsuredLoanClaims_3DFA08B5BD880BC8250452D9F5B821C6" xlink:type="locator" />
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    <link:label id="lab_ocn_ServicingReceivableDueFromCustodialAccounts_8CCC372B81D495F69A5052D9F5B86E7A_terseLabel_en-US" xlink:label="lab_ocn_ServicingReceivableDueFromCustodialAccounts_8CCC372B81D495F69A5052D9F5B86E7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing receivable, due from custodial accounts</link:label>
    <link:label id="lab_ocn_ServicingReceivableDueFromCustodialAccounts_8CCC372B81D495F69A5052D9F5B86E7A_label_en-US" xlink:label="lab_ocn_ServicingReceivableDueFromCustodialAccounts_8CCC372B81D495F69A5052D9F5B86E7A" 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_8CCC372B81D495F69A5052D9F5B86E7A_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableDueFromCustodialAccounts_8CCC372B81D495F69A5052D9F5B86E7A" 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-20140930.xsd#ocn_ServicingReceivableDueFromCustodialAccounts" xlink:label="loc_ocn_ServicingReceivableDueFromCustodialAccounts_8CCC372B81D495F69A5052D9F5B86E7A" xlink:type="locator" />
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    <link:label id="lab_ocn_ServicingReceivableReimbursableExpenses_505AEC5ABA51C3CF943D52D9F5B8A010_terseLabel_en-US" xlink:label="lab_ocn_ServicingReceivableReimbursableExpenses_505AEC5ABA51C3CF943D52D9F5B8A010" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing receivable, reimbursable expenses</link:label>
    <link:label id="lab_ocn_ServicingReceivableReimbursableExpenses_505AEC5ABA51C3CF943D52D9F5B8A010_label_en-US" xlink:label="lab_ocn_ServicingReceivableReimbursableExpenses_505AEC5ABA51C3CF943D52D9F5B8A010" 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_505AEC5ABA51C3CF943D52D9F5B8A010_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableReimbursableExpenses_505AEC5ABA51C3CF943D52D9F5B8A010" 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-20140930.xsd#ocn_ServicingReceivableReimbursableExpenses" xlink:label="loc_ocn_ServicingReceivableReimbursableExpenses_505AEC5ABA51C3CF943D52D9F5B8A010" xlink:type="locator" />
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    <link:label id="lab_ocn_ServicingReceivableOther_D5527BA07C8372D6344652D9F5B86D8B_terseLabel_en-US" xlink:label="lab_ocn_ServicingReceivableOther_D5527BA07C8372D6344652D9F5B86D8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Servicing receivable, other</link:label>
    <link:label id="lab_ocn_ServicingReceivableOther_D5527BA07C8372D6344652D9F5B86D8B_label_en-US" xlink:label="lab_ocn_ServicingReceivableOther_D5527BA07C8372D6344652D9F5B86D8B" 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_D5527BA07C8372D6344652D9F5B86D8B_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableOther_D5527BA07C8372D6344652D9F5B86D8B" 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-20140930.xsd#ocn_ServicingReceivableOther" xlink:label="loc_ocn_ServicingReceivableOther_D5527BA07C8372D6344652D9F5B86D8B" xlink:type="locator" />
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    <link:label id="lab_ocn_ServicingReceivableNet_C0FDF6C10CF949CF7AEC52D9F5B8BD06_totalLabel_en-US" xlink:label="lab_ocn_ServicingReceivableNet_C0FDF6C10CF949CF7AEC52D9F5B8BD06" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Servicing receivable, total</link:label>
    <link:label id="lab_ocn_ServicingReceivableNet_C0FDF6C10CF949CF7AEC52D9F5B8BD06_label_en-US" xlink:label="lab_ocn_ServicingReceivableNet_C0FDF6C10CF949CF7AEC52D9F5B8BD06" 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_C0FDF6C10CF949CF7AEC52D9F5B8BD06_documentation_en-US" xlink:label="lab_ocn_ServicingReceivableNet_C0FDF6C10CF949CF7AEC52D9F5B8BD06" 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-20140930.xsd#ocn_ServicingReceivableNet" xlink:label="loc_ocn_ServicingReceivableNet_C0FDF6C10CF949CF7AEC52D9F5B8BD06" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeTaxReceivable_B3ACB7FE0F745D2EB6CD52D9F5B81D17_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_B3ACB7FE0F745D2EB6CD52D9F5B81D17" 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_B3ACB7FE0F745D2EB6CD52D9F5B81D17_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_B3ACB7FE0F745D2EB6CD52D9F5B81D17" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="loc_us-gaap_IncomeTaxReceivable_B3ACB7FE0F745D2EB6CD52D9F5B81D17" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DueFromAffiliates_8989DD6858E7062BACE252D9F5B83C12_terseLabel_en-US" xlink:label="lab_us-gaap_DueFromAffiliates_8989DD6858E7062BACE252D9F5B83C12" 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_8989DD6858E7062BACE252D9F5B83C12_label_en-US" xlink:label="lab_us-gaap_DueFromAffiliates_8989DD6858E7062BACE252D9F5B83C12" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DueFromAffiliates" xlink:label="loc_us-gaap_DueFromAffiliates_8989DD6858E7062BACE252D9F5B83C12" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherReceivables_AE7E87D9E901FB68D1E752D9F5B85151_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherReceivables_AE7E87D9E901FB68D1E752D9F5B85151" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other receivables</link:label>
    <link:label id="lab_us-gaap_OtherReceivables_AE7E87D9E901FB68D1E752D9F5B85151_label_en-US" xlink:label="lab_us-gaap_OtherReceivables_AE7E87D9E901FB68D1E752D9F5B85151" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaap_OtherReceivables_AE7E87D9E901FB68D1E752D9F5B85151" xlink:type="locator" />
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    <link:label id="lab_ocn_OtherReceivablesGross_DE60236720B29B0BC54E52D9F5B84D76_totalLabel_en-US" xlink:label="lab_ocn_OtherReceivablesGross_DE60236720B29B0BC54E52D9F5B84D76" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other receivables, gross</link:label>
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    <link:loc xlink:href="ocn-20140930.xsd#ocn_OtherReceivablesGross" xlink:label="loc_ocn_OtherReceivablesGross_DE60236720B29B0BC54E52D9F5B84D76" xlink:type="locator" />
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    <link:label id="lab_ocn_OtherReceivablesAllowanceForLosses_929DCB54DC58D1B2DA9452D9F5B8BB35_negatedTerseLabel_en-US" xlink:label="lab_ocn_OtherReceivablesAllowanceForLosses_929DCB54DC58D1B2DA9452D9F5B8BB35" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Allowance for losses</link:label>
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    <link:label id="lab_ocn_OtherReceivablesAllowanceForLosses_929DCB54DC58D1B2DA9452D9F5B8BB35_documentation_en-US" xlink:label="lab_ocn_OtherReceivablesAllowanceForLosses_929DCB54DC58D1B2DA9452D9F5B8BB35" 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-20140930.xsd#ocn_OtherReceivablesAllowanceForLosses" xlink:label="loc_ocn_OtherReceivablesAllowanceForLosses_929DCB54DC58D1B2DA9452D9F5B8BB35" xlink:type="locator" />
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    <link:label id="lab_ocn_OtherReceivablesNet_F01C23DE03B6DFD2A34052D9F5B85A2F_totalLabel_en-US" xlink:label="lab_ocn_OtherReceivablesNet_F01C23DE03B6DFD2A34052D9F5B85A2F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Receivables, total</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_OtherReceivablesNet" xlink:label="loc_ocn_OtherReceivablesNet_F01C23DE03B6DFD2A34052D9F5B85A2F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_227B8D9438C213331EC810753D45B081_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_227B8D9438C213331EC810753D45B081" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Losses on economic hedges</link:label>
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    <link:label id="lab_us-gaap_EurodollarMember_6BEA671CE862285BECB961A2C69F70BC_label_en-US" xlink:label="lab_us-gaap_EurodollarMember_6BEA671CE862285BECB961A2C69F70BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eurodollar [Member]</link:label>
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    <link:label id="lab_ocn_PromissoryNoteMember_637B4C51DE2F05FB4EA861A2C6A1BE36_terseLabel_en-US" xlink:label="lab_ocn_PromissoryNoteMember_637B4C51DE2F05FB4EA861A2C6A1BE36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Promissory Note [Member]</link:label>
    <link:label id="lab_ocn_PromissoryNoteMember_637B4C51DE2F05FB4EA861A2C6A1BE36_label_en-US" xlink:label="lab_ocn_PromissoryNoteMember_637B4C51DE2F05FB4EA861A2C6A1BE36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Promissory Note [Member]</link:label>
    <link:label id="lab_ocn_PromissoryNoteMember_637B4C51DE2F05FB4EA861A2C6A1BE36_documentation_en-US" xlink:label="lab_ocn_PromissoryNoteMember_637B4C51DE2F05FB4EA861A2C6A1BE36" 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-20140930.xsd#ocn_PromissoryNoteMember" xlink:label="loc_ocn_PromissoryNoteMember_637B4C51DE2F05FB4EA861A2C6A1BE36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PromissoryNoteMember_637B4C51DE2F05FB4EA861A2C6A1BE36" xlink:to="lab_ocn_PromissoryNoteMember_637B4C51DE2F05FB4EA861A2C6A1BE36" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageWarehouseAgreementMember_7EA64086DC49EED61CC161A2C6A15271_terseLabel_en-US" xlink:label="lab_ocn_MortgageWarehouseAgreementMember_7EA64086DC49EED61CC161A2C6A15271" 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_7EA64086DC49EED61CC161A2C6A15271_label_en-US" xlink:label="lab_ocn_MortgageWarehouseAgreementMember_7EA64086DC49EED61CC161A2C6A15271" 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_7EA64086DC49EED61CC161A2C6A15271_documentation_en-US" xlink:label="lab_ocn_MortgageWarehouseAgreementMember_7EA64086DC49EED61CC161A2C6A15271" 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-20140930.xsd#ocn_MortgageWarehouseAgreementMember" xlink:label="loc_ocn_MortgageWarehouseAgreementMember_7EA64086DC49EED61CC161A2C6A15271" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageWarehouseAgreementMember_7EA64086DC49EED61CC161A2C6A15271" xlink:to="lab_ocn_MortgageWarehouseAgreementMember_7EA64086DC49EED61CC161A2C6A15271" xlink:type="arc" />
    <link:label id="lab_ocn_TotalServicingLinesOfCreditMember_72A78E048CCF68E0605661A2C6A18EA8_terseLabel_en-US" xlink:label="lab_ocn_TotalServicingLinesOfCreditMember_72A78E048CCF68E0605661A2C6A18EA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Servicing Lines Of Credit [Member]</link:label>
    <link:label id="lab_ocn_TotalServicingLinesOfCreditMember_72A78E048CCF68E0605661A2C6A18EA8_label_en-US" xlink:label="lab_ocn_TotalServicingLinesOfCreditMember_72A78E048CCF68E0605661A2C6A18EA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Servicing Lines Of Credit [Member]</link:label>
    <link:label id="lab_ocn_TotalServicingLinesOfCreditMember_72A78E048CCF68E0605661A2C6A18EA8_documentation_en-US" xlink:label="lab_ocn_TotalServicingLinesOfCreditMember_72A78E048CCF68E0605661A2C6A18EA8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total amount of servicing lines of credit.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_TotalServicingLinesOfCreditMember" xlink:label="loc_ocn_TotalServicingLinesOfCreditMember_72A78E048CCF68E0605661A2C6A18EA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TotalServicingLinesOfCreditMember_72A78E048CCF68E0605661A2C6A18EA8" xlink:to="lab_ocn_TotalServicingLinesOfCreditMember_72A78E048CCF68E0605661A2C6A18EA8" xlink:type="arc" />
    <link:label id="lab_ocn_September20143Member_38095555129558C139AF61A2C6A45E75_terseLabel_en-US" xlink:label="lab_ocn_September20143Member_38095555129558C139AF61A2C6A45E75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">September 2014 - 3 [Member]</link:label>
    <link:label id="lab_ocn_September20143Member_38095555129558C139AF61A2C6A45E75_label_en-US" xlink:label="lab_ocn_September20143Member_38095555129558C139AF61A2C6A45E75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">September 2014 - 3 [Member]</link:label>
    <link:label id="lab_ocn_September20143Member_38095555129558C139AF61A2C6A45E75_documentation_en-US" xlink:label="lab_ocn_September20143Member_38095555129558C139AF61A2C6A45E75" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">September 2014 - 3 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_September20143Member" xlink:label="loc_ocn_September20143Member_38095555129558C139AF61A2C6A45E75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_September20143Member_38095555129558C139AF61A2C6A45E75" xlink:to="lab_ocn_September20143Member_38095555129558C139AF61A2C6A45E75" xlink:type="arc" />
    <link:label id="lab_ocn_July20143Member_903E0DF6C3E0F9403A3161A2C6A462F1_terseLabel_en-US" xlink:label="lab_ocn_July20143Member_903E0DF6C3E0F9403A3161A2C6A462F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">July 2014 [Member]</link:label>
    <link:label id="lab_ocn_July20143Member_903E0DF6C3E0F9403A3161A2C6A462F1_label_en-US" xlink:label="lab_ocn_July20143Member_903E0DF6C3E0F9403A3161A2C6A462F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">July 2014 - 3 [Member]</link:label>
    <link:label id="lab_ocn_July20143Member_903E0DF6C3E0F9403A3161A2C6A462F1_documentation_en-US" xlink:label="lab_ocn_July20143Member_903E0DF6C3E0F9403A3161A2C6A462F1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">July 2014 - 3 [Member]</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_July20143Member" xlink:label="loc_ocn_July20143Member_903E0DF6C3E0F9403A3161A2C6A462F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_July20143Member_903E0DF6C3E0F9403A3161A2C6A462F1" xlink:to="lab_ocn_July20143Member_903E0DF6C3E0F9403A3161A2C6A462F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityLineItems_FED4E51F9D83474C9EC861A2C6A44FDB_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_FED4E51F9D83474C9EC861A2C6A44FDB" 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_FED4E51F9D83474C9EC861A2C6A44FDB_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_FED4E51F9D83474C9EC861A2C6A44FDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="loc_us-gaap_LineOfCreditFacilityLineItems_FED4E51F9D83474C9EC861A2C6A44FDB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_E5916668A25EC0C2A2FA61A2C6A4DEAE_negatedLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount_E5916668A25EC0C2A2FA61A2C6A4DEAE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Unamortized discount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedDiscount_E5916668A25EC0C2A2FA61A2C6A4DEAE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LongTermDebt_F9207BBEB71EA446EBD461A2C6A46D72_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_F9207BBEB71EA446EBD461A2C6A46D72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:label id="lab_us-gaap_LongTermDebt_F9207BBEB71EA446EBD461A2C6A46D72_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_F9207BBEB71EA446EBD461A2C6A46D72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_F9207BBEB71EA446EBD461A2C6A46D72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_F9207BBEB71EA446EBD461A2C6A46D72" xlink:to="lab_us-gaap_LongTermDebt_F9207BBEB71EA446EBD461A2C6A46D72" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_9C1663DFC2078F33C15A61A2C6A46267_terseLabel_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_9C1663DFC2078F33C15A61A2C6A46267" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt, Weighted Average Interest Rate</link:label>
    <link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_9C1663DFC2078F33C15A61A2C6A46267_label_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_9C1663DFC2078F33C15A61A2C6A46267" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="loc_us-gaap_DebtWeightedAverageInterestRate_9C1663DFC2078F33C15A61A2C6A46267" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_0703DC452E77EBFE596758C62841F89C_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_0703DC452E77EBFE596758C62841F89C" 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_0703DC452E77EBFE596758C62841F89C_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_0703DC452E77EBFE596758C62841F89C" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis_0703DC452E77EBFE596758C62841F89C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementBasisAxis_0703DC452E77EBFE596758C62841F89C" xlink:to="lab_us-gaap_FairValueByMeasurementBasisAxis_0703DC452E77EBFE596758C62841F89C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_26A61BFD865AD651CFEC58C62841614A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_26A61BFD865AD651CFEC58C62841614A" 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_26A61BFD865AD651CFEC58C62841614A_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_26A61BFD865AD651CFEC58C62841614A" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="loc_us-gaap_FairValueDisclosureItemAmountsDomain_26A61BFD865AD651CFEC58C62841614A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_487EA207372B997B8F2758C628413526_terseLabel_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_487EA207372B997B8F2758C628413526" 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_487EA207372B997B8F2758C628413526_label_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_487EA207372B997B8F2758C628413526" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_487EA207372B997B8F2758C628413526" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_1106DF85016AAE72FE2658C6284142F8_terseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_1106DF85016AAE72FE2658C6284142F8" 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_1106DF85016AAE72FE2658C6284142F8_label_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_1106DF85016AAE72FE2658C6284142F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reported Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_1106DF85016AAE72FE2658C6284142F8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_831A43EE88561C0283A558C628411588_terseLabel_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_831A43EE88561C0283A558C628411588" 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_831A43EE88561C0283A558C628411588_label_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_831A43EE88561C0283A558C628411588" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_831A43EE88561C0283A558C628411588" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_AE84BBEF7618DB8DE2C758C62841F79A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_AE84BBEF7618DB8DE2C758C62841F79A" 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_AE84BBEF7618DB8DE2C758C62841F79A_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_AE84BBEF7618DB8DE2C758C62841F79A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_AE84BBEF7618DB8DE2C758C62841F79A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_AE84BBEF7618DB8DE2C758C62841F79A" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_AE84BBEF7618DB8DE2C758C62841F79A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_434D126BFB313FB8E93258C62841AE46_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_434D126BFB313FB8E93258C62841AE46" 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_434D126BFB313FB8E93258C62841AE46_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_434D126BFB313FB8E93258C62841AE46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_434D126BFB313FB8E93258C62841AE46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_434D126BFB313FB8E93258C62841AE46" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_434D126BFB313FB8E93258C62841AE46" xlink:type="arc" />
    <link:label id="lab_ocn_FinancialAssetsAbstract_76E5DEAC934D9E468A4658C628418B6A_terseLabel_en-US" xlink:label="lab_ocn_FinancialAssetsAbstract_76E5DEAC934D9E468A4658C628418B6A" 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_76E5DEAC934D9E468A4658C628418B6A_label_en-US" xlink:label="lab_ocn_FinancialAssetsAbstract_76E5DEAC934D9E468A4658C628418B6A" 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_76E5DEAC934D9E468A4658C628418B6A_documentation_en-US" xlink:label="lab_ocn_FinancialAssetsAbstract_76E5DEAC934D9E468A4658C628418B6A" 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-20140930.xsd#ocn_FinancialAssetsAbstract" xlink:label="loc_ocn_FinancialAssetsAbstract_76E5DEAC934D9E468A4658C628418B6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancialAssetsAbstract_76E5DEAC934D9E468A4658C628418B6A" xlink:to="lab_ocn_FinancialAssetsAbstract_76E5DEAC934D9E468A4658C628418B6A" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldForSaleAtFairValueAbstract_69B5C550D6E55FE572D058C6284169CB_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtFairValueAbstract_69B5C550D6E55FE572D058C6284169CB" 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_LoansHeldForSaleAtFairValueAbstract_69B5C550D6E55FE572D058C6284169CB_label_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtFairValueAbstract_69B5C550D6E55FE572D058C6284169CB" 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_69B5C550D6E55FE572D058C6284169CB_documentation_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtFairValueAbstract_69B5C550D6E55FE572D058C6284169CB" 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-20140930.xsd#ocn_LoansHeldForSaleAtFairValueAbstract" xlink:label="loc_ocn_LoansHeldForSaleAtFairValueAbstract_69B5C550D6E55FE572D058C6284169CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldForSaleAtFairValueAbstract_69B5C550D6E55FE572D058C6284169CB" xlink:to="lab_ocn_LoansHeldForSaleAtFairValueAbstract_69B5C550D6E55FE572D058C6284169CB" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_388F0D9122932BC668D458C62841FE6A_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_388F0D9122932BC668D458C62841FE6A" 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_388F0D9122932BC668D458C62841FE6A_label_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_388F0D9122932BC668D458C62841FE6A" 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_388F0D9122932BC668D458C62841FE6A_documentation_en-US" xlink:label="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_388F0D9122932BC668D458C62841FE6A" 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-20140930.xsd#ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" xlink:label="loc_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_388F0D9122932BC668D458C62841FE6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_388F0D9122932BC668D458C62841FE6A" xlink:to="lab_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure_388F0D9122932BC668D458C62841FE6A" xlink:type="arc" />
    <link:label id="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_79ADC180E1C9226C1DFA58C628417551_terseLabel_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_79ADC180E1C9226C1DFA58C628417551" 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_79ADC180E1C9226C1DFA58C628417551_label_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_79ADC180E1C9226C1DFA58C628417551" 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_79ADC180E1C9226C1DFA58C628417551_documentation_en-US" xlink:label="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_79ADC180E1C9226C1DFA58C628417551" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans Held for Investment, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_LoansHeldforInvestmentFairValueDisclosure" xlink:label="loc_ocn_LoansHeldforInvestmentFairValueDisclosure_79ADC180E1C9226C1DFA58C628417551" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansHeldforInvestmentFairValueDisclosure_79ADC180E1C9226C1DFA58C628417551" xlink:to="lab_ocn_LoansHeldforInvestmentFairValueDisclosure_79ADC180E1C9226C1DFA58C628417551" xlink:type="arc" />
    <link:label id="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_80D57AD09FD47A851C6E58C628415AF6_terseLabel_en-US" xlink:label="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_80D57AD09FD47A851C6E58C628415AF6" 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_80D57AD09FD47A851C6E58C628415AF6_label_en-US" xlink:label="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_80D57AD09FD47A851C6E58C628415AF6" 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_80D57AD09FD47A851C6E58C628415AF6_documentation_en-US" xlink:label="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_80D57AD09FD47A851C6E58C628415AF6" 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-20140930.xsd#ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure" xlink:label="loc_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_80D57AD09FD47A851C6E58C628415AF6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_80D57AD09FD47A851C6E58C628415AF6" xlink:to="lab_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure_80D57AD09FD47A851C6E58C628415AF6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivablesFairValueDisclosure_3F7F3D3872F7F6B8CA1A58C628410C0E_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesFairValueDisclosure_3F7F3D3872F7F6B8CA1A58C628410C0E" 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_3F7F3D3872F7F6B8CA1A58C628410C0E_label_en-US" xlink:label="lab_us-gaap_ReceivablesFairValueDisclosure_3F7F3D3872F7F6B8CA1A58C628410C0E" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivablesFairValueDisclosure" xlink:label="loc_us-gaap_ReceivablesFairValueDisclosure_3F7F3D3872F7F6B8CA1A58C628410C0E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivablesFairValueDisclosure_3F7F3D3872F7F6B8CA1A58C628410C0E" xlink:to="lab_us-gaap_ReceivablesFairValueDisclosure_3F7F3D3872F7F6B8CA1A58C628410C0E" xlink:type="arc" />
    <link:label id="lab_ocn_FinancialLiabilitiesAbstract_A48E0B4A95341685D63758C6284193FC_terseLabel_en-US" xlink:label="lab_ocn_FinancialLiabilitiesAbstract_A48E0B4A95341685D63758C6284193FC" 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_A48E0B4A95341685D63758C6284193FC_label_en-US" xlink:label="lab_ocn_FinancialLiabilitiesAbstract_A48E0B4A95341685D63758C6284193FC" 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_A48E0B4A95341685D63758C6284193FC_documentation_en-US" xlink:label="lab_ocn_FinancialLiabilitiesAbstract_A48E0B4A95341685D63758C6284193FC" 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-20140930.xsd#ocn_FinancialLiabilitiesAbstract" xlink:label="loc_ocn_FinancialLiabilitiesAbstract_A48E0B4A95341685D63758C6284193FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancialLiabilitiesAbstract_A48E0B4A95341685D63758C6284193FC" xlink:to="lab_ocn_FinancialLiabilitiesAbstract_A48E0B4A95341685D63758C6284193FC" xlink:type="arc" />
    <link:label id="lab_ocn_MatchFundedLiabilities_137CFE6C4AC732FEDF4358C6284150A1_terseLabel_en-US" xlink:label="lab_ocn_MatchFundedLiabilities_137CFE6C4AC732FEDF4358C6284150A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Match Funded Liabilities</link:label>
    <link:label id="lab_ocn_MatchFundedLiabilities_137CFE6C4AC732FEDF4358C6284150A1_label_en-US" xlink:label="lab_ocn_MatchFundedLiabilities_137CFE6C4AC732FEDF4358C6284150A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Match Funded Liabilities</link:label>
    <link:label id="lab_ocn_MatchFundedLiabilities_137CFE6C4AC732FEDF4358C6284150A1_documentation_en-US" xlink:label="lab_ocn_MatchFundedLiabilities_137CFE6C4AC732FEDF4358C6284150A1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying amount of liabilities associated with accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) accounted for as secured borrowings recognized in the transferor's statement of financial position at the end of each period presented.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MatchFundedLiabilities" xlink:label="loc_ocn_MatchFundedLiabilities_137CFE6C4AC732FEDF4358C6284150A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MatchFundedLiabilities_137CFE6C4AC732FEDF4358C6284150A1" xlink:to="lab_ocn_MatchFundedLiabilities_137CFE6C4AC732FEDF4358C6284150A1" xlink:type="arc" />
    <link:label id="lab_ocn_FinancingLiabilitiesAbstract_CD6CEB10F1BA4D6C88F758C628413C8B_terseLabel_en-US" xlink:label="lab_ocn_FinancingLiabilitiesAbstract_CD6CEB10F1BA4D6C88F758C628413C8B" 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_CD6CEB10F1BA4D6C88F758C628413C8B_label_en-US" xlink:label="lab_ocn_FinancingLiabilitiesAbstract_CD6CEB10F1BA4D6C88F758C628413C8B" 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_CD6CEB10F1BA4D6C88F758C628413C8B_documentation_en-US" xlink:label="lab_ocn_FinancingLiabilitiesAbstract_CD6CEB10F1BA4D6C88F758C628413C8B" 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-20140930.xsd#ocn_FinancingLiabilitiesAbstract" xlink:label="loc_ocn_FinancingLiabilitiesAbstract_CD6CEB10F1BA4D6C88F758C628413C8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancingLiabilitiesAbstract_CD6CEB10F1BA4D6C88F758C628413C8B" xlink:to="lab_ocn_FinancingLiabilitiesAbstract_CD6CEB10F1BA4D6C88F758C628413C8B" xlink:type="arc" />
    <link:label id="lab_ocn_HMBSBorrowingsFairValueDisclosure_155A7263C40CE0000A5958C62841666C_terseLabel_en-US" xlink:label="lab_ocn_HMBSBorrowingsFairValueDisclosure_155A7263C40CE0000A5958C62841666C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HMBS-related borrowings, at fair value</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_HMBSBorrowingsFairValueDisclosure" xlink:label="loc_ocn_HMBSBorrowingsFairValueDisclosure_155A7263C40CE0000A5958C62841666C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_HMBSBorrowingsFairValueDisclosure_155A7263C40CE0000A5958C62841666C" xlink:to="lab_ocn_HMBSBorrowingsFairValueDisclosure_155A7263C40CE0000A5958C62841666C" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_78620F2A5530E54398D258C62841A0DC_terseLabel_en-US" xlink:label="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_78620F2A5530E54398D258C62841A0DC" 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_78620F2A5530E54398D258C62841A0DC_label_en-US" xlink:label="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_78620F2A5530E54398D258C62841A0DC" 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_78620F2A5530E54398D258C62841A0DC_documentation_en-US" xlink:label="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_78620F2A5530E54398D258C62841A0DC" 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-20140930.xsd#ocn_MortgageServiceRightsPledgedFairValueDisclosure" xlink:label="loc_ocn_MortgageServiceRightsPledgedFairValueDisclosure_78620F2A5530E54398D258C62841A0DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServiceRightsPledgedFairValueDisclosure_78620F2A5530E54398D258C62841A0DC" xlink:to="lab_ocn_MortgageServiceRightsPledgedFairValueDisclosure_78620F2A5530E54398D258C62841A0DC" xlink:type="arc" />
    <link:label id="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_1CFA20B26A31B2D0961B58C62841D619_terseLabel_en-US" xlink:label="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_1CFA20B26A31B2D0961B58C62841D619" 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_1CFA20B26A31B2D0961B58C62841D619_label_en-US" xlink:label="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_1CFA20B26A31B2D0961B58C62841D619" 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_1CFA20B26A31B2D0961B58C62841D619_documentation_en-US" xlink:label="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_1CFA20B26A31B2D0961B58C62841D619" 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-20140930.xsd#ocn_OtherFinancingLiabilitiesFairValueDisclosure" xlink:label="loc_ocn_OtherFinancingLiabilitiesFairValueDisclosure_1CFA20B26A31B2D0961B58C62841D619" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherFinancingLiabilitiesFairValueDisclosure_1CFA20B26A31B2D0961B58C62841D619" xlink:to="lab_ocn_OtherFinancingLiabilitiesFairValueDisclosure_1CFA20B26A31B2D0961B58C62841D619" xlink:type="arc" />
    <link:label id="lab_ocn_FinancingLiabilitiesFairValueDisclosure_1656D4E9EB504CB045EC58C62841FA79_terseLabel_en-US" xlink:label="lab_ocn_FinancingLiabilitiesFairValueDisclosure_1656D4E9EB504CB045EC58C62841FA79" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Financing liabilities</link:label>
    <link:label id="lab_ocn_FinancingLiabilitiesFairValueDisclosure_1656D4E9EB504CB045EC58C62841FA79_label_en-US" xlink:label="lab_ocn_FinancingLiabilitiesFairValueDisclosure_1656D4E9EB504CB045EC58C62841FA79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Liabilities, Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_FinancingLiabilitiesFairValueDisclosure_1656D4E9EB504CB045EC58C62841FA79_documentation_en-US" xlink:label="lab_ocn_FinancingLiabilitiesFairValueDisclosure_1656D4E9EB504CB045EC58C62841FA79" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Liabilities, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_FinancingLiabilitiesFairValueDisclosure" xlink:label="loc_ocn_FinancingLiabilitiesFairValueDisclosure_1656D4E9EB504CB045EC58C62841FA79" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FinancingLiabilitiesFairValueDisclosure_1656D4E9EB504CB045EC58C62841FA79" xlink:to="lab_ocn_FinancingLiabilitiesFairValueDisclosure_1656D4E9EB504CB045EC58C62841FA79" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_B78F89A6D017CAC7B67558C62841A601_terseLabel_en-US" xlink:label="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_B78F89A6D017CAC7B67558C62841A601" 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_B78F89A6D017CAC7B67558C62841A601_label_en-US" xlink:label="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_B78F89A6D017CAC7B67558C62841A601" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Debt [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract" xlink:label="loc_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_B78F89A6D017CAC7B67558C62841A601" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_B78F89A6D017CAC7B67558C62841A601" xlink:to="lab_us-gaap_SecuredLongtermDebtCurrentAndNoncurrentAbstract_B78F89A6D017CAC7B67558C62841A601" xlink:type="arc" />
    <link:label id="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_E7FEEF65AF58C23AEBDA58C62841B5C0_terseLabel_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_E7FEEF65AF58C23AEBDA58C62841B5C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior secured term loan</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_E7FEEF65AF58C23AEBDA58C62841B5C0_label_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_E7FEEF65AF58C23AEBDA58C62841B5C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Secured Term Loan Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_E7FEEF65AF58C23AEBDA58C62841B5C0_documentation_en-US" xlink:label="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_E7FEEF65AF58C23AEBDA58C62841B5C0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents fair value disclosure of senior secured term loan.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_SeniorSecuredTermLoanFairValueDisclosure" xlink:label="loc_ocn_SeniorSecuredTermLoanFairValueDisclosure_E7FEEF65AF58C23AEBDA58C62841B5C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_SeniorSecuredTermLoanFairValueDisclosure_E7FEEF65AF58C23AEBDA58C62841B5C0" xlink:to="lab_ocn_SeniorSecuredTermLoanFairValueDisclosure_E7FEEF65AF58C23AEBDA58C62841B5C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_61C21414B8F6C31CAAFD58C62841B62F_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_61C21414B8F6C31CAAFD58C62841B62F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_61C21414B8F6C31CAAFD58C62841B62F_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_61C21414B8F6C31CAAFD58C62841B62F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_61C21414B8F6C31CAAFD58C62841B62F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_61C21414B8F6C31CAAFD58C62841B62F" xlink:to="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_61C21414B8F6C31CAAFD58C62841B62F" xlink:type="arc" />
    <link:label id="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_11A2E50641B22C80C04F58C628412BD5_terseLabel_en-US" xlink:label="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_11A2E50641B22C80C04F58C628412BD5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Other secured borrowings</link:label>
    <link:label id="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_11A2E50641B22C80C04F58C628412BD5_label_en-US" xlink:label="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_11A2E50641B22C80C04F58C628412BD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Borrowings Including Secured Borrowings</link:label>
    <link:label id="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_11A2E50641B22C80C04F58C628412BD5_documentation_en-US" xlink:label="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_11A2E50641B22C80C04F58C628412BD5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents amount of other borrowings including secured borrowings.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_OtherBorrowingsIncludingSecuredBorrowings" xlink:label="loc_ocn_OtherBorrowingsIncludingSecuredBorrowings_11A2E50641B22C80C04F58C628412BD5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherBorrowingsIncludingSecuredBorrowings_11A2E50641B22C80C04F58C628412BD5" xlink:to="lab_ocn_OtherBorrowingsIncludingSecuredBorrowings_11A2E50641B22C80C04F58C628412BD5" xlink:type="arc" />
    <link:label id="lab_ocn_UnsecuredDebtFairValueDisclosure_ACFC705FB4157299F57B58C628410699_terseLabel_en-US" xlink:label="lab_ocn_UnsecuredDebtFairValueDisclosure_ACFC705FB4157299F57B58C628410699" 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_ocn_UnsecuredDebtFairValueDisclosure_ACFC705FB4157299F57B58C628410699_label_en-US" xlink:label="lab_ocn_UnsecuredDebtFairValueDisclosure_ACFC705FB4157299F57B58C628410699" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured Debt, Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_UnsecuredDebtFairValueDisclosure_ACFC705FB4157299F57B58C628410699_documentation_en-US" xlink:label="lab_ocn_UnsecuredDebtFairValueDisclosure_ACFC705FB4157299F57B58C628410699" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Debt, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_UnsecuredDebtFairValueDisclosure" xlink:label="loc_ocn_UnsecuredDebtFairValueDisclosure_ACFC705FB4157299F57B58C628410699" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_UnsecuredDebtFairValueDisclosure_ACFC705FB4157299F57B58C628410699" xlink:to="lab_ocn_UnsecuredDebtFairValueDisclosure_ACFC705FB4157299F57B58C628410699" xlink:type="arc" />
    <link:label id="lab_ocn_DerivativeFinancialInstruments1Abstract_1164245586F93249EE7858C6284BA23E_terseLabel_en-US" xlink:label="lab_ocn_DerivativeFinancialInstruments1Abstract_1164245586F93249EE7858C6284BA23E" 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_1164245586F93249EE7858C6284BA23E_label_en-US" xlink:label="lab_ocn_DerivativeFinancialInstruments1Abstract_1164245586F93249EE7858C6284BA23E" 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_1164245586F93249EE7858C6284BA23E_documentation_en-US" xlink:label="lab_ocn_DerivativeFinancialInstruments1Abstract_1164245586F93249EE7858C6284BA23E" 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-20140930.xsd#ocn_DerivativeFinancialInstruments1Abstract" xlink:label="loc_ocn_DerivativeFinancialInstruments1Abstract_1164245586F93249EE7858C6284BA23E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_DerivativeFinancialInstruments1Abstract_1164245586F93249EE7858C6284BA23E" xlink:to="lab_ocn_DerivativeFinancialInstruments1Abstract_1164245586F93249EE7858C6284BA23E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeAssets_554D1E0560482119D57658C6284BB608_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_554D1E0560482119D57658C6284BB608" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_us-gaap_DerivativeAssets_554D1E0560482119D57658C6284BB608_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_554D1E0560482119D57658C6284BB608" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_554D1E0560482119D57658C6284BB608" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_554D1E0560482119D57658C6284BB608" xlink:to="lab_us-gaap_DerivativeAssets_554D1E0560482119D57658C6284BB608" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServiceRightsAbstract_8F6DCB6963FC6D0205FA58C6284B7A3D_terseLabel_en-US" xlink:label="lab_ocn_MortgageServiceRightsAbstract_8F6DCB6963FC6D0205FA58C6284B7A3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MSRs:</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsAbstract_8F6DCB6963FC6D0205FA58C6284B7A3D_label_en-US" xlink:label="lab_ocn_MortgageServiceRightsAbstract_8F6DCB6963FC6D0205FA58C6284B7A3D" 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_8F6DCB6963FC6D0205FA58C6284B7A3D_documentation_en-US" xlink:label="lab_ocn_MortgageServiceRightsAbstract_8F6DCB6963FC6D0205FA58C6284B7A3D" 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-20140930.xsd#ocn_MortgageServiceRightsAbstract" xlink:label="loc_ocn_MortgageServiceRightsAbstract_8F6DCB6963FC6D0205FA58C6284B7A3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServiceRightsAbstract_8F6DCB6963FC6D0205FA58C6284B7A3D" xlink:to="lab_ocn_MortgageServiceRightsAbstract_8F6DCB6963FC6D0205FA58C6284B7A3D" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServicingRights_672DD5100CF1E8544A7A58C6284BEC2A_terseLabel_en-US" xlink:label="lab_ocn_MortgageServicingRights_672DD5100CF1E8544A7A58C6284BEC2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MSRs, at fair value</link:label>
    <link:label id="lab_ocn_MortgageServicingRights_672DD5100CF1E8544A7A58C6284BEC2A_label_en-US" xlink:label="lab_ocn_MortgageServicingRights_672DD5100CF1E8544A7A58C6284BEC2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Servicing Rights</link:label>
    <link:label id="lab_ocn_MortgageServicingRights_672DD5100CF1E8544A7A58C6284BEC2A_documentation_en-US" xlink:label="lab_ocn_MortgageServicingRights_672DD5100CF1E8544A7A58C6284BEC2A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents amount of mortgage servicing rights carried at fair value.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MortgageServicingRights" xlink:label="loc_ocn_MortgageServicingRights_672DD5100CF1E8544A7A58C6284BEC2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingRights_672DD5100CF1E8544A7A58C6284BEC2A" xlink:to="lab_ocn_MortgageServicingRights_672DD5100CF1E8544A7A58C6284BEC2A" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServiceRightsAmortizedCost_B4992CF00666F6CF89AB58C6284B8ACF_terseLabel_en-US" xlink:label="lab_ocn_MortgageServiceRightsAmortizedCost_B4992CF00666F6CF89AB58C6284B8ACF" 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_ocn_MortgageServiceRightsAmortizedCost_B4992CF00666F6CF89AB58C6284B8ACF_label_en-US" xlink:label="lab_ocn_MortgageServiceRightsAmortizedCost_B4992CF00666F6CF89AB58C6284B8ACF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights, Amortized Cost</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsAmortizedCost_B4992CF00666F6CF89AB58C6284B8ACF_documentation_en-US" xlink:label="lab_ocn_MortgageServiceRightsAmortizedCost_B4992CF00666F6CF89AB58C6284B8ACF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights, Amortized Cost</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MortgageServiceRightsAmortizedCost" xlink:label="loc_ocn_MortgageServiceRightsAmortizedCost_B4992CF00666F6CF89AB58C6284B8ACF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServiceRightsAmortizedCost_B4992CF00666F6CF89AB58C6284B8ACF" xlink:to="lab_ocn_MortgageServiceRightsAmortizedCost_B4992CF00666F6CF89AB58C6284B8ACF" xlink:type="arc" />
    <link:label id="lab_ocn_MortgageServiceRightsFairValueDisclosure_0408E0F88B03642C3DFC58C6284BBBBB_terseLabel_en-US" xlink:label="lab_ocn_MortgageServiceRightsFairValueDisclosure_0408E0F88B03642C3DFC58C6284BBBBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total MSRs</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsFairValueDisclosure_0408E0F88B03642C3DFC58C6284BBBBB_label_en-US" xlink:label="lab_ocn_MortgageServiceRightsFairValueDisclosure_0408E0F88B03642C3DFC58C6284BBBBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights, Fair Value Disclosure</link:label>
    <link:label id="lab_ocn_MortgageServiceRightsFairValueDisclosure_0408E0F88B03642C3DFC58C6284BBBBB_documentation_en-US" xlink:label="lab_ocn_MortgageServiceRightsFairValueDisclosure_0408E0F88B03642C3DFC58C6284BBBBB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Service Rights, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MortgageServiceRightsFairValueDisclosure" xlink:label="loc_ocn_MortgageServiceRightsFairValueDisclosure_0408E0F88B03642C3DFC58C6284BBBBB" xlink:type="locator" />
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    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_9D55AD7B656AF1B7E2B552D9F6261322_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances_9D55AD7B656AF1B7E2B552D9F6261322" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances and match funded advances</link:label>
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    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_4DCA24A0BC8655DE164552D9F62673B9_terseLabel_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_4DCA24A0BC8655DE164552D9F62673B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables and other assets</link:label>
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    <link:label id="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_4DCA24A0BC8655DE164552D9F62673B9_documentation_en-US" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets_4DCA24A0BC8655DE164552D9F62673B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to receivables and other assets.</link:label>
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    <link:label id="lab_us-gaap_OtherLiabilitiesAbstract_D11E5008832ACE9B334F52D9F6263737_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesAbstract_D11E5008832ACE9B334F52D9F6263737" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities:</link:label>
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    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_C91707A52427EFCEFE6052D9F62666E5_totalLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_C91707A52427EFCEFE6052D9F62666E5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total identifiable net assets</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_C91707A52427EFCEFE6052D9F62666E5" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToPurchaseMortgageLoansHeldForSale" xlink:label="loc_us-gaap_PaymentsToPurchaseMortgageLoansHeldForSale_CE334FF722D5DC6FA6540BE6294C79F8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAdditions_86186B506C86CC564D400BE676ADB6DB_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAdditions_86186B506C86CC564D400BE676ADB6DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_us-gaap_ServicingAssetAtFairValueAdditions_86186B506C86CC564D400BE676ADB6DB_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAdditions_86186B506C86CC564D400BE676ADB6DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Servicing Asset at Fair Value, Additions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ServicingAssetAtFairValueAdditions" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAdditions_86186B506C86CC564D400BE676ADB6DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAdditions_86186B506C86CC564D400BE676ADB6DB" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAdditions_86186B506C86CC564D400BE676ADB6DB" xlink:type="arc" />
    <link:label id="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_705FCA93D540618623AD0BE67701C60E_terseLabel_en-US" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_705FCA93D540618623AD0BE67701C60E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans restricted for securitization investors fair value</link:label>
    <link:label id="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_705FCA93D540618623AD0BE67701C60E_label_en-US" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_705FCA93D540618623AD0BE67701C60E" 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_705FCA93D540618623AD0BE67701C60E_documentation_en-US" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_705FCA93D540618623AD0BE67701C60E" 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-20140930.xsd#ocn_LoansRestrictedForSecuritizationInvestorsFairValue" xlink:label="loc_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_705FCA93D540618623AD0BE67701C60E" xlink:type="locator" />
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    <link:label id="lab_ocn_GainonSalesofReverseMortgageLoans_C97D8C153558875A44050BE6774C596D_terseLabel_en-US" xlink:label="lab_ocn_GainonSalesofReverseMortgageLoans_C97D8C153558875A44050BE6774C596D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sales of reverse mortgage loans</link:label>
    <link:label id="lab_ocn_GainonSalesofReverseMortgageLoans_C97D8C153558875A44050BE6774C596D_label_en-US" xlink:label="lab_ocn_GainonSalesofReverseMortgageLoans_C97D8C153558875A44050BE6774C596D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain on Sales of Reverse Mortgage Loans</link:label>
    <link:label id="lab_ocn_GainonSalesofReverseMortgageLoans_C97D8C153558875A44050BE6774C596D_documentation_en-US" xlink:label="lab_ocn_GainonSalesofReverseMortgageLoans_C97D8C153558875A44050BE6774C596D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain on Sales of Reverse Mortgage Loans</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_GainonSalesofReverseMortgageLoans" xlink:label="loc_ocn_GainonSalesofReverseMortgageLoans_C97D8C153558875A44050BE6774C596D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_23C77742B98524C94B1552276541FBC1_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_23C77742B98524C94B1552276541FBC1" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_23C77742B98524C94B1552276541FBC1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PreferredStockDividendsPerShareDeclared_B77B102C1405212707FE5227654153CC_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsPerShareDeclared_B77B102C1405212707FE5227654153CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock dividends (in USD per share)</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendsPerShareDeclared_B77B102C1405212707FE5227654153CC_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsPerShareDeclared_B77B102C1405212707FE5227654153CC" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_PreferredStockDividendsPerShareDeclared_B77B102C1405212707FE5227654153CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendsPerShareDeclared_B77B102C1405212707FE5227654153CC" xlink:to="lab_us-gaap_PreferredStockDividendsPerShareDeclared_B77B102C1405212707FE5227654153CC" xlink:type="arc" />
    <link:label id="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_2FEC5B80057521FE4EED522765524001_terseLabel_en-US" xlink:label="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_2FEC5B80057521FE4EED522765524001" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss), net of income taxes:</link:label>
    <link:label id="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_2FEC5B80057521FE4EED522765524001_label_en-US" xlink:label="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_2FEC5B80057521FE4EED522765524001" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss), net of income taxes: [Abstract]</link:label>
    <link:label id="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_2FEC5B80057521FE4EED522765524001_documentation_en-US" xlink:label="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_2FEC5B80057521FE4EED522765524001" 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-20140930.xsd#ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract" xlink:label="loc_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_2FEC5B80057521FE4EED522765524001" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_2FEC5B80057521FE4EED522765524001" xlink:to="lab_ocn_OtherComprehensiveIncomeLossNetOfIncomeTaxesAbstract_2FEC5B80057521FE4EED522765524001" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_7EDE3118694ABC5057D35227655218DB_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_7EDE3118694ABC5057D35227655218DB" 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_7EDE3118694ABC5057D35227655218DB_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_7EDE3118694ABC5057D35227655218DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_7EDE3118694ABC5057D35227655218DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_7EDE3118694ABC5057D35227655218DB" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_7EDE3118694ABC5057D35227655218DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_A4AE02A9BE2DC29A9DA2522765528D3B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_A4AE02A9BE2DC29A9DA2522765528D3B" 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_A4AE02A9BE2DC29A9DA2522765528D3B_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_A4AE02A9BE2DC29A9DA2522765528D3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_A4AE02A9BE2DC29A9DA2522765528D3B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_A4AE02A9BE2DC29A9DA2522765528D3B" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_A4AE02A9BE2DC29A9DA2522765528D3B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_08024D5DF61FAE86111D5227655276FD_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_08024D5DF61FAE86111D5227655276FD" 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_08024D5DF61FAE86111D5227655276FD_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_08024D5DF61FAE86111D5227655276FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_08024D5DF61FAE86111D5227655276FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_08024D5DF61FAE86111D5227655276FD" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_08024D5DF61FAE86111D5227655276FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_EC2DA30FEE74D34C225552276552D93F_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_EC2DA30FEE74D34C225552276552D93F" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_EC2DA30FEE74D34C225552276552D93F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_EC2DA30FEE74D34C225552276552D93F" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_EC2DA30FEE74D34C225552276552D93F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_BE9F8C71C415DE0E5AE152276552992B_negatedLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_BE9F8C71C415DE0E5AE152276552992B" 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_BE9F8C71C415DE0E5AE152276552992B_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_BE9F8C71C415DE0E5AE152276552992B" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_BE9F8C71C415DE0E5AE152276552992B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_BE9F8C71C415DE0E5AE152276552992B" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_BE9F8C71C415DE0E5AE152276552992B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_84D4D9717EE40DB30FC6522765525476_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_84D4D9717EE40DB30FC6522765525476" 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_84D4D9717EE40DB30FC6522765525476_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_84D4D9717EE40DB30FC6522765525476" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_84D4D9717EE40DB30FC6522765525476" xlink:type="locator" />
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    <link:label id="lab_ocn_MezzanineEquityTextBlock_50E59DB68A2C2EE2C90110D29583BC2C_terseLabel_en-US" xlink:label="lab_ocn_MezzanineEquityTextBlock_50E59DB68A2C2EE2C90110D29583BC2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mezzanine Equity</link:label>
    <link:label id="lab_ocn_MezzanineEquityTextBlock_50E59DB68A2C2EE2C90110D29583BC2C_label_en-US" xlink:label="lab_ocn_MezzanineEquityTextBlock_50E59DB68A2C2EE2C90110D29583BC2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mezzanine Equity [Text Block]</link:label>
    <link:label id="lab_ocn_MezzanineEquityTextBlock_50E59DB68A2C2EE2C90110D29583BC2C_documentation_en-US" xlink:label="lab_ocn_MezzanineEquityTextBlock_50E59DB68A2C2EE2C90110D29583BC2C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt and equity financing that is typically used to finance the expansion of existing companies. Mezzanine financing is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full. It is generally subordinated to debt provided by senior lenders such as banks and venture capital companies.</link:label>
    <link:loc xlink:href="ocn-20140930.xsd#ocn_MezzanineEquityTextBlock" xlink:label="loc_ocn_MezzanineEquityTextBlock_50E59DB68A2C2EE2C90110D29583BC2C" xlink:type="locator" />
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