Ocwen marks the beginning of another chapter after its acquisition of PHH with the appointment of two senior leaders to drive its ongoing transformation to deliver significant benefits to consumers, employees, clients, and investors.
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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 »CFPB vs. PHH: Two-Year Battle Coming to a Head
The highly anticipated hearing for the Consumer Financial Protection Bureau (CFPB) and PHH Corporation took place Wednesday in front of the Court of Appeals for the District of Columbia Circuit. The Court of Appeals agreed to revisit their October decision ...
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