Net income of $26 million and EPS of $2.97 for 2022, up 42% and 49% respectively from 2021 Book value per share of $61, up 17% from year-end 2021 Net loss of $80 million in the quarter, including $75 million of income statement notables Achieved an annualized cost reduction of $100 million versus
Awarded for the third consecutive year WEST PALM BEACH, Fla., Feb. 21, 2023 (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, today announced the Company was honored with a 2022
WEST PALM BEACH, Fla., Feb. 17, 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, February 28, 2023 at 8:30 a.m.
Phyllis Caldwell to Remain on the Board; Kevin Stein to Assume the Role of Lead Independent Director WEST PALM BEACH, Fla., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that
Completes agreement with Oaktree for incremental $250 million investment to acquire additional MSRs through MSR Asset Vehicle Net income of $37 million and earnings per share of $4.33; annualized return on GAAP book equity of 27% Net income includes MSR Fair Value Net gain of $53 million Book Value
WEST PALM BEACH, Fla., Oct. 26, 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, November 3, 2022 at 8:30 a.m.
30 years of experience in mortgage subservicing and default servicing Newly created sales executive role to drive special servicing growth opportunities WEST PALM BEACH, Fla., Oct. 17, 2022 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial
WEST PALM BEACH, Fla. , Sept. 09, 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 minimum financial eligibility requirements for enterprise
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,
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.
"My family and I would like to extend our deepest gratitude. Thank you for expeditiously coming to
a favorable agreement regarding our new home on Galaxy. We sincerely appreciate that you took the
time to personally work with Jim, our realtor...this is the best Christmas gift we could have
received!"
- Heather D.
Chandler, AZ