Press Releases

Date Title and Summary View
Toggle Summary Ocwen Financial Announces Third Quarter 2023 Results
Net income of $8 million and earnings per share of $1.10; annualized return on equity of 8% Adjusted pre-tax income of $10 million, driven by servicing segment; achieved 9% annualized adjusted pre-tax return on equity Total servicing UPB of $296 billion and total subservicing UPB of $167 billion,
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Toggle Summary Ocwen Financial Schedules Conference Call – Third Quarter 2023 Results and Business Update
WEST PALM BEACH, Fla., Nov. 01, 2023 (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 Tuesday, November 7, 2023 at 8:30 a.m.
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Toggle Summary Liberty Reverse Mortgage Wins National Association Of Mortgage Brokers 2023 Affiliate Of The Year Award
WEST PALM BEACH, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Liberty Reverse Mortgage (“Liberty” or the “Company”), one of the nation’s largest and most experienced reverse mortgage lenders and the only large-scale, end-to-end reverse mortgage provider, today announced that the National Association of
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Toggle Summary Ocwen Financial Announces Second Quarter 2023 Results
Net income of $15 million, an improvement of $56 million from Q1’23 Adjusted pre-tax income of $23 million, up $17 million over Q1’23 Total liquidity of $233 million as of June 30, 2023, an increase of 6% over December 31, 2022 Favorable ruling in legacy CFPB matter stands; case remains closed WEST
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Toggle Summary Ocwen Financial Schedules Conference Call – Second Quarter 2023 Results and Business Update
WEST PALM BEACH, Fla., July 27, 2023 (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 Thursday, August 3, 2023 at 8:30 a.m.
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Toggle Summary Ocwen Financial Announces First Quarter 2023 Results
Net loss of $40 million , driven by a $39 million reduction in unrealized MSR fair value due to lower interest rates Adjusted pre-tax income of $6 million , driven by strong servicing performance Achieved an annualized cost reduction of more than $100 million versus Q2’22 baseline Total liquidity
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Toggle Summary PHH Mortgage Announces New Subservicing Agreement with Finance of America Reverse
WEST PALM BEACH, Fla., May 03, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced that it has entered into a reverse mortgage subservicing
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Toggle Summary Ocwen Financial Comments on U.S. District Court’s Favorable Decision in CFPB Matter
District Court rules in Ocwen’s favor and orders the case closed WEST PALM BEACH, Fla., May 02, 2023 (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
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Toggle Summary Ocwen Financial Schedules Conference Call – First Quarter 2023 Results and Business Update
WEST PALM BEACH, Fla., April 26, 2023 (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 Thursday, May 4, 2023 at 8:30 a.m.
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Toggle Summary PHH Mortgage Renews Partnership with NAACP to Help Homeowners Through Virtual Borrower Outreach Series
Fourth consecutive year partnering with NAACP for annual borrower outreach series 40 regional virtual events planned for 2023 WEST PALM BEACH, Fla., April 25, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage , a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and
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