UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 7.01 Regulation FD Disclosure.
Ocwen Financial Corporation (the “Company”) made the following disclosures in response to recent bank closures:
| ● | The Company does not have any lending or depository relationships with Silicon Valley Bank or Signature Bank; | |
| ● | The majority of the Company’s operating account deposits are held at money center banks; and | |
| ● | Servicing custodial balances that are held on the behalf of borrowers are FDIC insured and held at a mix of money center and regional banks. |
The information in this Item 7.01 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number |
Description | |
| 104 | Cover Page Interactive Data File formatted in online XBRL (included as Exhibit 101) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| OCWEN FINANCIAL CORPORATION | ||
| (Registrant) | ||
| Date: March 14, 2023 | By: | /s/ Sean B. O’Neil |
| Sean B. O’Neil | ||
| Executive Vice President and Chief Financial Officer | ||