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April 03, 2024 16:15 ET | Source: Ocwen Financial Corp.

Ocwen Financial Announces Intention to Rebrand as Onity™ Group

Name change proposal to be submitted for approval at upcoming Annual Meeting of Shareholders New name embodies the Company’s transformation into a balanced and diversified business Ocwen subsidiary...
April 02, 2024 06:45 ET | Source: Ocwen Financial Corp.

Ocwen Financial Corporation Announces Appointment of Claudia Merkle to Board of Directors

WEST PALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the...
March 11, 2024 16:15 ET | Source: Ocwen Financial Corp.; PHH Mortgage

PHH Mortgage Recognized by Fannie Mae as a 2023 Star Performer

WEST PALM BEACH, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and...
February 27, 2024 06:45 ET | Source: Ocwen Financial Corp.

Ocwen Financial Announces Full Year and Fourth Quarter 2023 Results

Net loss of $64 million for 2023, driven by $89 million reduction in unrealized MSR value change due to rates and assumptions, net of hedgeAdjusted pre-tax income of $49 million for 2023, driven by...
February 20, 2024 17:00 ET | Source: Ocwen Financial Corp.

Ocwen Financial Schedules Conference Call – Fourth Quarter and Full Year 2023 Results

WEST PALM BEACH, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that...
November 13, 2023 16:15 ET | Source: Ocwen Financial Corp.

PHH Mortgage Announces New Subservicing Agreement With Zillow Home Loans

Agreement expands existing correspondent relationship to strategic servicing partner Initial onboarding of loans completed in August 2023 WEST PALM BEACH, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) --...
November 07, 2023 06:45 ET | Source: Ocwen Financial Corp.

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...
November 01, 2023 16:15 ET | Source: Ocwen Financial Corp.

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...
September 25, 2023 16:15 ET | Source: Ocwen Financial Corp.

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...
August 03, 2023 06:45 ET | Source: Ocwen Financial Corp.

Ocwen Financial Announces Second Quarter 2023 Results

Net income of $15 million, an improvement of $56 million from Q1’23Adjusted pre-tax income of $23 million, up $17 million over Q1’23Total liquidity of $233 million as of June 30, 2023, an increase of...