Press Releases

Date Title and Summary View
Toggle Summary Ocwen Financial Corporation to Reduce Costs by Not Renewing Fitch Contract for Corporate Rating
WEST PALM BEACH, Fla. , June 25, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) (“Ocwen”), a leading financial services holding company, today announced that as part of its ongoing efforts to reduce costs, Ocwen has determined that it will not renew its contract with Fitch Ratings,
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Toggle Summary Ocwen and NAACP To Host Philadelphia Borrower Outreach Event To Help Homeowners Better Afford Their Homes
“Help & Hope for Homeowners” event to bring loan modification options directly to distressed borrowers WEST PALM BEACH, Fla. , June 20, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, will again join forces with the NAACP to host a
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Toggle Summary Ocwen Remains Committed to Helping New York Homeowners Better Afford Their Homes
Local outreach events scheduled in Brooklyn, Bronx, and White Plains to meet one-on-one with distressed borrowers WEST PALM BEACH, Fla. , June 05, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, will join Neighborhood Housing Services
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Toggle Summary Ocwen Financial Corporation Announces Resignation of Michael Bourque as Chief Financial Officer
WEST PALM BEACH, Fla. , May 29, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) (“Ocwen” or the “Company”), a leading financial services holding company, today announced that Executive Vice President and Chief Financial Officer (“CFO”) Michael Bourque has made the decision to resign
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Toggle Summary Ocwen Awarded Top Servicing Performance Rating from Fannie Mae for 2017
WEST PALM BEACH, Fla. , April 24, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) (“Ocwen” “Company”), a leading financial services holding company, announced today that the Company was named a Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer for 2017.
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Toggle Summary Ocwen Financial Corporation Names Glen Messina President and Chief Executive Officer
Glen Messina will assume leadership role concurrent with the closing of Ocwen’s acquisition of PHH Corporation Ron Faris to Retire as President and Chief Executive Officer WEST PALM BEACH, Fla. , April 19, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation , (NYSE:OCN) (“Ocwen” or the “Company”),
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Toggle Summary Ocwen Leads the Industry in Offering Innovative Mortgage Loan Modifications –Helps Over 45,000 Families Avoid Foreclosure in 2017
WEST PALM BEACH, Fla. , March 28, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, announced today that in 2017 the Company helped approximately 45,650 families avoid foreclosure and remain in their homes.
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Toggle Summary Ocwen Participating in Two New York City Events to Help Homeowners
Collaborating with local nonprofits to bring one-on-one counseling to borrowers WEST PALM BEACH, Fla. , March 13, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, will join Neighborhood Housing Services of New York City, Inc.
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Toggle Summary Ocwen Financial Corporation Enters Into Definitive Agreement to Acquire PHH Corporation for $360 Million
Combined company to service 1.9 million loans on a pro forma basis as of December 31, 2017 Accelerates Ocwen’s transition to an industry-leading servicing platform Expected to achieve meaningful operational and corporate overhead cost synergies Continue to be an industry leader in helping borrowers
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Toggle Summary Ocwen and NAACP to Host Houston Event for Homeowners
Special focus on relief for homeowners affected by Hurricane Harvey WEST PALM BEACH, Fla. , Jan. 26, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, will join the NAACP to host a borrower outreach event in Houston for homeowners who are
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