Press Releases

Date Title and Summary View
Toggle Summary Ocwen Financial Provides Update on Correspondent Lending Channel Growth and Organization
WEST PALM BEACH, Fla., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today provided an update on the significant growth in its Correspondent Lending channel, and announced the addition of
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Toggle Summary Ocwen Financial Schedules Conference Call – Third Quarter 2021 Results and Business Update
WEST PALM BEACH, Fla., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Monday, November 8, 2021 at 8:30 a.m.
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Toggle Summary Ocwen Financial Announces Third Quarter 2021 Results
Net income of $22 million and earnings per share of $2.35 Pre-tax income of $10 million and adjusted pre-tax income of $37 million Annualized quarterly after-tax ROE of 19% and annualized quarterly adjusted pre-tax ROE of 32% $20 billion of new servicing additions and $20 billion of new
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Toggle Summary Ocwen Financial Schedules Conference Call – Fourth Quarter 2021 Results and Business Update
WEST PALM BEACH, Fla., Feb. 18, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Friday, February 25, 2022 at 8:30 a.m.
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Toggle Summary Ocwen Financial Announces Full Year and Fourth Quarter 2021 Results
Net income of $18 million for the full year 2021 Net loss of $2 million in the quarter including $14 million of income statement notables $43 billion of new servicing additions in the quarter, including $32 billion in subservicing Closed reverse servicing platform acquisition from Reverse Mortgage
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Toggle Summary PHH Mortgage Adds $56 Billion in New Subservicing Volume in 2021
Grew subservicing volume by 45% year over year WEST PALM BEACH, Fla., April 06, 2022 (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, provided an update on the significant
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Toggle Summary Ocwen Financial Comments on U.S. Court of Appeals Decision in CFPB Matter
WEST PALM BEACH, Fla., April 08, 2022 (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 April 6, 2022 by the United States Court of Appeals
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Toggle Summary Ocwen Financial Announces Preliminary First Quarter 2022 Results and Schedules Earnings Conference Call
WEST PALM BEACH, Fla., April 27, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced preliminary results for the first quarter of 2022 and scheduled an earnings conference call for
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Toggle Summary Ocwen Financial Announces First Quarter 2022 Results
Net income of $58 million and earnings per share of $6.30 MSR Fair Value Net gain of $56 million GAAP return on equity of 46% Book value per share of $58 as of March 31, 2022, up 14% from March 31, 2021 Extended subservicing agreements with New Residential through 2023 WEST PALM BEACH, Fla., May
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Toggle Summary Ocwen Board of Directors Authorizes $50 Million Share Repurchase Program
WEST PALM BEACH, Fla., May 23, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that on May 20, 2022, its Board of Directors authorized a share repurchase program for an aggregate amount
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