Press Releases

Date Title and Summary View
Toggle Summary Ocwen Financial Delivers Strong Originations Results in July and August
$2.5 billion in originations volume in August, nearly double June volume Continued momentum in operating and financial performance WEST PALM BEACH, Fla. , Sept. 15, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and
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Toggle Summary Ocwen Financial Announces Reverse Stock Split
WEST PALM BEACH, Fla. , Aug. 03, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its Board of Directors approved a reverse stock split of authorized and outstanding shares of the
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Toggle Summary PHH Mortgage Expands Partnership With the NAACP to Help COVID-19 Impacted Homeowners Through Virtual Borrower Outreach Series
WEST PALM BEACH, Fla. , July 23, 2020 (GLOBE NEWSWIRE) -- PHH Mortgage , a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced an expanded partnership with the NAACP to host more than 30 regional virtual borrower outreach events
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Toggle Summary Ocwen Financial Provides Business Update and Preliminary Second Quarter Results
Preliminary second quarter results demonstrate continued momentum in operating and financial performance Balanced business model, growing originations channels and proven core competency in special servicing position the Company well to deliver profitability and capture growth opportunities WEST
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Toggle Summary Ocwen Financial Schedules Conference Call – Preliminary Second Quarter 2020 Results and Business Update
WEST PALM BEACH, Fla. , July 13, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Friday, July 17, 2020 at 8:30 a.m. (ET) to review the Company’s preliminary second quarter 2020 operating results and provide a business
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Toggle Summary Ocwen Financial Announces Operating Results for First Quarter 2020
Reported a Net Loss of $25.5 million and a Pre-tax Loss of $87.3 million for the first quarter of 2020 and ended the quarter with $429.9 million of total stockholders' equity, or a book value per share of $3.32 .  Financial results included $78 million unfavorable impact on pre-tax loss due to
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Toggle Summary Ocwen Financial Schedules Conference Call – First Quarter 2020 Results
WEST PALM BEACH, Fla. , May 01, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Friday, May 8, 2020 at 8:30 a.m. (ET) to review the Company’s first quarter 2020 operating results.
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Toggle Summary Ocwen Financial Responds to Notice of Non-Compliance with NYSE Trading Share Price Continued Listing Standard Rule
WEST PALM BEACH, Fla. , April 13, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that the New York Stock Exchange (“NYSE”) has notified the Company that the average per share trading
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Toggle Summary OCWEN FINANCIAL PROVIDES COMPANY UPDATE
Taking Decisive Action to Address COVID-19 Updating 2020 Earnings Guidance due to Evolving Business and Financial Implications of COVID-19 WEST PALM BEACH, Fla. , April 03, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage
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Toggle Summary Ocwen Financial Announces Strong Results for the Fourth Quarter
Achieved Net Income of $34.9 million for the fourth quarter of 2019 Increasing 2020 volume target for lending and flow channels to $15 - 20 billion reflecting continued strong growth and business momentum across originations platform Expense savings from cost re-engineering initiatives were
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