The announcement comes amidst a sea of changes on the heels of the company's multi-million-dollar PHH acquisition. What does the road ahead hold for Ocwen?
Read More »Ocwen Reports Q1 2018 Earnings, Highlights Debt Forgiveness
Atlanta-based servicer Ocwen Financial Corporation on Tuesday released the details of its earnings for Q1 2018, reporting a net income of $2.6 million for the three months ended March 31, 2018. This is up considerably over Ocwen’s Q1 2017 net ...
Read More »The Industry Pulse: Updates on Ocwen, Auction.com, and More
From rewards and recognition to new appointments and initiatives, get the buzz on the industry's latest news in this weekly update. Ocwen Financial Corporation, a financial services holding company based in West Palm Beach, Florida, has announced that the ...
Read More »Ocwen Awarded Top Servicing Performance Rating from Fannie Mae
Ocwen Financial Corporation, a financial services holding company based in West Palm Beach, Florida, has announced that the company was named a Fannie Mae Servicer Total Achievement and Rewards (STAR) Performer for 2017. The STAR Program recognition is reserved for ...
Read More »Nationstar and Ocwen Announce Changes at the Top
It’s been a busy day for the mortgage and servicing industry. Both Nationstar and Ocwen announced major leadership changes on Thursday, with Nationstar naming its first COO in the form of Tony Ebers and Ocwen announcing that Glen Messina will ...
Read More »Ocwen’s Ron Faris Announces Retirement, Glen Messina to Succeed
Ocwen Financial Corporation, a leading financial services holding company, announced on Thursday that President and CEO Ron Faris is retiring after 27 years with the company. Faris will remain President and CEO through June 30, 2018 and will remain a consultant ...
Read More »Ocwen Mortgage Mods Helped Thousands Avoid Foreclosure Last Year
Falling behind in payments doesn’t have to mean a borrower is doomed to lose their home. Lenders and servicers are often willing to work with the borrower to find options that allow the borrower to remain in their home while ...
Read More »Ocwen Reports Losses for 2017
Ocwen Financial Corporation, an Atlanta-based financial services holding company, reported a net loss of $128.5 million for 2017, and a pre-tax loss of $45.3 million in Q4 alone. This comes the day after the announcement that Ocwen was purchasing PHH ...
Read More »Ocwen Acquiring PHH Corporation for $360 Million
Ocwen Financial Corporation, an Atlanta-based financial services holding company, today announced a definitive agreement under which Ocwen will acquire all of the outstanding shares of PHH Corporation, a mortgage platform with established servicing and origination recapture capabilities, for approximately $360 ...
Read More »Ocwen Announces Millions in New Mortgage Debt Forgiveness in Ohio
The United States was hit hard by the housing crisis. Here’s how financial services holding company Ocwen is working to help families save their mortgages and stay in their homes.
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