Press Releases

Date Title and Summary View
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 Announces Agreement With Oaktree for Additional $250 Million Investment and Preliminary Fourth Quarter Results
Executed agreement with Oaktree follows rigorous strategic review process Continued profitability improvement and originations volume growth Transformed into balanced and diversified originator and servicer positioned for profitable growth WEST PALM BEACH, Fla. , Feb.
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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 Schedules Conference Call – Preliminary Fourth Quarter 2020 Results and Business Update
WEST PALM BEACH, Fla. , Feb. 04, 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 Wednesday, February 10, 2021 at 8:30 a.m.
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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 Provides Business Update and Preliminary Third Quarter Results
C ontinued profitability improvement and o riginations volume growth Strong operating and financial momentum Settlement with Florida completes resolution of all state actions from 2017 WEST PALM BEACH, Fla. , Oct. 20, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the
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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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