Press Releases

Date Title and Summary View
Toggle Summary PHH Mortgage Names Industry Veteran Andy Peach as Head of Correspondent Lending
WEST PALM BEACH, Fla., March 29, 2021 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced that Andy Peach has joined the Company as Senior Vice President,
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Toggle Summary PHH Mortgage Renews Partnership With the NAACP to Help COVID-19 Impacted Homeowners Through Virtual Borrower Outreach Series
WEST PALM BEACH, Fla., March 10, 2021 (GLOBE NEWSWIRE) -- PHH Mortgage , a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced the renewal of its partnership with the NAACP to host 45 regional virtual borrower outreach events in
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Toggle Summary Ocwen Financial Comments on Court Order Granting Ocwen’s Motion for Summary Judgment on Majority of Claims in CFPB Matter
WEST PALM BEACH, Fla., March 05, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the ruling issued on March 4, 2021 by the United States District Court for
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Toggle Summary Ocwen Financial Announces Closing of $400 Million Offering of PHH Mortgage Corporation Senior Secured Notes Due 2026
Enhances Capital Structure and Increases Financial Flexibility to Support Continued Growth and Investment in the Company WEST PALM BEACH, Fla., March 04, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator,
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Toggle Summary Ocwen Financial Announces Pricing of $400 Million of Senior Secured Notes Due 2026 by PHH Mortgage Corporation
WEST PALM BEACH, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Mortgage Corporation (“PMC”) priced $400 million aggregate principal amount of
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Toggle Summary Ocwen Financial Announces Proposed Offering of $400 Million of Senior Secured Notes Due 2026 by PHH Mortgage Corporation
WEST PALM BEACH, Fla. , Feb. 24, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Mortgage Corporation (“PMC”) plans to offer, subject to market and other
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Toggle Summary Ocwen Financial Names George Henley Executive Vice President and Chief Growth Officer
Henley brings more than 25 years of mortgage industry experience and strong originations growth track record to Ocwen WEST PALM BEACH, Fla. , Feb. 08, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator,
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Toggle Summary Ocwen Financial Announces Conditional Redemption of 6.375% Senior Notes Due 2021 and 8.375% Senior Secured Second Lien Notes Due 2022
WEST PALM BEACH, Fla. , Feb. 02, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Corporation (“PHH”) has given notice of its intention to redeem on March 4, 2021
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Toggle Summary Ocwen Financial Comments on Conclusion of Mediation With the Consumer Financial Protection Bureau
WEST PALM BEACH, Fla. , Jan. 06, 2021 (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 the mediator’s notice that the Company’s court-ordered mediation
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Toggle Summary Ocwen Financial Accelerates Growth Trajectory With Strategic Relationship With Oaktree and New Servicing Contracts
Enters into definitive agreement with Oaktree to launch MSR investment vehicle; expected to add approximately $50 to $60 billion of subservicing Oaktree may purchase up to 7.9% of newly issued Ocwen stock at closing Awarded new contracts projected to add $30 to $40 billion in servicing WEST PALM
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