Press Releases

Date Title and Summary View
Toggle Summary Ocwen Financial Announces Operating Results For Third Quarter 2019
Reported a Net Loss of $42.8 million for the third quarter of 2019 Realized annualized run rate cost savings ahead of our expectations through the third quarter and are targeting a more accelerated pace of cost re-engineering in the fourth quarter   Enhanced lending capabilities resulted in an
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Toggle Summary Ocwen Financial Schedules Conference Call – Third Quarter 2019 Results
WEST PALM BEACH, Fla. , Oct. 28, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Tuesday, November 5, 2019 at 8:30 a.m. (ET) to review the Company’s third quarter 2019 operating results.
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Toggle Summary PHH Mortgage Expands Correspondent Lending After Successful Launch
WEST PALM BEACH, Fla. , Oct. 24, 2019 (GLOBE NEWSWIRE) -- PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading mortgage servicer and provider of mortgage lending solutions, announced today the expansion of its correspondent lending channel after a successful launch in
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Toggle Summary Ocwen Financial Corporation Comments on Court Ruling Related to Motion to Dismiss Florida Complaint
WEST PALM BEACH, Fla. , Oct. 01, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the ruling issued on September 30, 2019 by the United States District
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Toggle Summary Ocwen Financial Receives Top Award From HomeFree-USA at the Reaching Millions Housing Conference
Award Recognizes Ocwen’s Long-Standing Commitment and Support to Helping Homeowners and Communities through Sustainable Home Retention Solutions WEST PALM BEACH, Fla. , Sept. 19, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage
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Toggle Summary Ocwen Financial Corporation Comments on Court Ruling Related to Motion to Dismiss CFPB Complaint
WEST PALM BEACH, Fla. , Sept. 05, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the ruling issued on September 5, 2019 by the United States District
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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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