Press Releases

Date Title and Summary View
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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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 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 Announces Amendment to Senior Secured Term Loan
WEST PALM BEACH, Fla. , Jan. 27, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, announced today that it has entered into an amendment to its Senior Secured Term Loan (“SSTL”) that extends the maturity
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Toggle Summary Liberty Home Equity Solutions Launches a New Proprietary Reverse Mortgage (EquityIQ)
WEST PALM BEACH, Fla., July 19, 2019 (GLOBE NEWSWIRE) -- Liberty Home Equity Solutions, Inc. (“Liberty”), one of the nation’s largest and most experienced reverse mortgage lenders, today announced the launch of a new proprietary reverse mortgage called EquityIQ.
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Toggle Summary Ocwen Financial Corporation to Reduce Costs by Not Renewing Fitch Contract for Corporate Rating
WEST PALM BEACH, Fla. , June 25, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) (“Ocwen”), a leading financial services holding company, today announced that as part of its ongoing efforts to reduce costs, Ocwen has determined that it will not renew its contract with Fitch Ratings,
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