Press Releases

Date Title and Summary View
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 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 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 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 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.
View HTML
Toggle Summary Ocwen Financial Corporation Schedules Conference Call - 1st Quarter 2018 Results
WEST PALM BEACH, Fla. , April 25, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) will hold a conference call on Wednesday, May 2, 2018 at 8:30 a.m. (ET) to review the Company’s 1 st Quarter 2018 operating results.  These events will follow Ocwen’s 1 st Quarter 2018 earnings
View HTML
Toggle Summary Ocwen Financial Announces Operating Results for First Quarter 2018
Reported Q1 2018 net income of $3 million , a $35 million improvement over Q1 2017 Generated $99 million of Cash Flows from Operating Activities Helped almost 11,600 struggling families remain in their homes through loan modifications that included $59 million of debt forgiveness Amended our NRZ
View HTML
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
View HTML
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
View HTML
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
View HTML