Press Releases

Date Title and Summary View
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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Toggle Summary PHH Mortgage Launches New Customer Mobile App
Enhancement to Servicing Platform Delivers Convenience and Insight for Customers WEST PALM BEACH, Fla. , Dec. 03, 2020 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation , a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced that it
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Toggle Summary Ocwen Financial Corporation Comments on Settlement With State of Florida Office of the Attorney General and Office of Financial Regulation
WEST PALM BEACH, Fla. , Oct. 15, 2020 (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 conjunction with the resolution of the lawsuit filed in 2017 against the Company
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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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