Press Releases

Date Title and Summary View
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”),
View HTML
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.
View HTML
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.
View HTML
Toggle Summary Ocwen Financial Announces Operating Results for Fourth Quarter and Full Year 2017
Net Loss of $(128.5) million for 2017, a $70.9 million improvement over 2016 Generated $412 million of Cash Flows from Operating Activities in 2017 Helped over 45,000 struggling families remain in their homes through loan modifications WEST PALM BEACH, Fla. , Feb.
View HTML
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
View HTML
Toggle Summary Ocwen Financial Corporation Schedules Conference Call - 4th Quarter / Year End 2017 Results
WEST PALM BEACH, Fla. , Feb. 21, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) will hold a conference call on Wednesday, February 28, 2018 at 8:30 a.m. (ET) to review the Company’s 4th Quarter / Year End 2017 operating results.  These events will follow Ocwen’s 4 th Quarter 2017
View HTML
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
View HTML
Toggle Summary Ocwen Works with Ohio Community Groups to Produce Results for Struggling Borrowers
Helped 1,200 struggling Ohio homeowners avoid foreclosure to date in 2017 Provided 26,500 loan modifications and forgiven $342 million in debt to Ohio borrowers since 2008 WEST PALM BEACH, Fla., Nov. 17, 2017 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN), a leading financial services
View HTML
Toggle Summary Ocwen and NAACP Announce Two Florida Events to Help Struggling Homeowners
Ocwen Disaster Response team to assist customers affected by Hurricane Irma
View HTML
Toggle Summary Ocwen Financial Announces Operating Results for Third Quarter 2017
Reported a Q3 2017 net loss of $(6) million, a $38 million improvement over Q2 2017 Servicing segment recorded a pre-tax profit for fifth consecutive quarter Generated $120 million of Cash Flows from Operating Activities during Q3 2017 Continued focus on helping homeowners, including those recently
View HTML