Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. We are headquartered in West Palm Beach, Florida, with offices in the United States and the U.S. Virgin Islands and operations in India and the Philippines. We have been serving our customers since 1988. On October 4, 2018, Ocwen Financial Corporation completed the purchase of PHH Corporation, a mortgage platform with established servicing and origination recapture capabilities.
Stock Information
4:56 PM EDT on May 30, 2023
Data Provided by Refinitiv. Minimum 15 minutes delayed.
Net loss of $40 million , driven by a $39 million reduction in unrealized MSR fair value due to lower interest rates Adjusted pre-tax income of $6 million , driven by strong servicing performance Achieved an annualized cost reduction of more than $100 million versus Q2’22 baseline Total liquidity
WEST PALM BEACH, Fla., May 03, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced that it has entered into a reverse mortgage subservicing
District Court rules in Ocwen’s favor and orders the case closed WEST PALM BEACH, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today issued the following statement in response to
WEST PALM BEACH, Fla., April 26, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, May 4, 2023 at 8:30 a.m.
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