Press Releases

Date Title and Summary View
Toggle Summary Ocwen Financial Announces Second Quarter 2022 Results
Net income of $10 million and earnings per share of $1.12; return on equity of 8% Net income includes MSR Fair Value Net gain of $34 million and asset sales loss and other unfavorable mark-to-market adjustments of $15 million Book value per share of $59 as of June 30, 2022, up 22% from June 30,
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Toggle Summary Ocwen Financial Schedules Conference Call – Second Quarter 2022 Results and Business Update
WEST PALM BEACH, Fla., July 25, 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 Thursday, August 4, 2022 at 8:30 a.m.
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Toggle Summary PHH Mortgage Announces Agreement With Federal Home Loan Bank of Indianapolis to Purchase Mortgage Servicing Rights
WEST PALM BEACH, Fla., June 28, 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, announced today that it has entered into an agreement with Federal Home Loan Bank of
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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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Toggle Summary Ocwen Financial Appoints Sean O'Neil Executive Vice President and Chief Financial Officer
WEST PALM BEACH, Fla., May 18, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the appointment of Sean O’Neil as Executive Vice President and Chief Financial Officer, effective June 13,
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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 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 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 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 Liberty Reverse Mortgage Named One of the Best Companies to Work For by National Mortgage News
WEST PALM BEACH, Fla., March 10, 2022 (GLOBE NEWSWIRE) -- Liberty Reverse Mortgage (“Liberty” or the “Company”), one of the nation’s largest and most experienced reverse mortgage lenders, today announced the Company has been named one of the Best Mortgage Companies to Work for by National Mortgage
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