Press Releases

Date Title and Summary View
Toggle Summary Ocwen Financial Announces Operating Results for Second Quarter 2019
Reported a Net Loss of $89.7 million which was impacted by significant pre-tax items: $40.7 million of unfavorable interest rate and valuation assumption driven fair value changes and $10.1 million in re-engineering costs for the second quarter of 2019 Completed the final phase of our loan transfer
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Toggle Summary Ocwen Financial Schedules Conference Call – Second Quarter 2019 Results
WEST PALM BEACH, Fla. , July 29, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Tuesday, August 6, 2019 at 8:30 a.m. (ET) to review the Company’s second quarter 2019 operating results.
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Toggle Summary Liberty Home Equity Solutions Launches a New Proprietary Reverse Mortgage (EquityIQ)
WEST PALM BEACH, Fla., July 19, 2019 (GLOBE NEWSWIRE) -- Liberty Home Equity Solutions, Inc. (“Liberty”), one of the nation’s largest and most experienced reverse mortgage lenders, today announced the launch of a new proprietary reverse mortgage called EquityIQ.
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Toggle Summary PHH Mortgage Partners With the NAACP and NID to Host “Help and Hope for Homeowners” Event
Collaborating with local nonprofits to bring one-on-one counseling to borrowers WEST PALM BEACH, Fla. , June 24, 2019 (GLOBE NEWSWIRE) -- PHH Mortgage, a subsidiary of Ocwen Financial Corporation and a leading mortgage servicer, is partnering with the NAACP and NID Housing Counseling Agency (NID)
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Toggle Summary Ocwen Financial Announces Updates on Key Business Initiatives
Completes servicing loan transfer to Black Knight LoanSphere MSP and licensed entity merger of Ocwen Loan Servicing into PHH Mortgage Corporation WEST PALM BEACH, Fla. , June 10, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) announced today that it has
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Toggle Summary Ocwen Financial Announces Operating Results for First Quarter 2019
Reported a Net Loss of $44 million for the first quarter of 2019 Closed or have been awarded MSRs to date with current UPB of $31 billion On track to complete servicing system conversion to Black Knight MSP ® and the merger of our principal licensed legal entities in the second quarter of 2019
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Toggle Summary Ocwen Financial Schedules Conference Call – First Quarter 2019 Results
WEST PALM BEACH, Fla. , April 30, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Tuesday, May 7, 2019 at 8:30 a.m. (ET) to review the Company’s first quarter 2019 operating results.
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Toggle Summary Ocwen Financial Awarded Top Servicing Performance Ratings From Fannie Mae for 2018
WEST PALM BEACH, Fla. , April 16, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) (“Ocwen” or the “Company”), a leading financial services holding company, announced today that two of its primary operating entities, Ocwen Loan Servicing, LLC and PHH Mortgage Corporation , were named
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Toggle Summary Ocwen Financial Corporation Comments on Settlement With Massachusetts Office of the Attorney General
WEST PALM BEACH, Fla. , March 29, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) (“Ocwen” or the “Company”), a leading financial services holding company, today issued the following statement in conjunction with the resolution of the lawsuit filed against the Company by the
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Toggle Summary Ocwen Financial Announces Operating Results for Fourth Quarter and Full Year 2018
Reported a Net Loss of $(2.3) million for the fourth quarter of 2018 and a Net Loss of $(70.8) million for the full year 2018 Completed the acquisition of PHH Corporation , ended the year with a total servicing portfolio of 1.6 million loans representing unpaid principal balance (“UPB”) of $256
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