Ocwen

#8171

Rank

$195.87M

Marketcap

United States

Country

Leadership team

Mr. Glen A. Messina (CEO, Pres & Director)

Mr. Dennis Zeleny (Exec. VP & Chief Admin. Officer)

Mr. Scott William Anderson (Exec. VP & Chief Servicing Officer)

Products/ Services

Financial Services

Number of Employees

1,000 - 20,000

Headquarters

Atlanta, Georgia, United States

Established

1988

Company Registration

SEC CIK number: 0000873860

Net Income

100M - 500M

Revenue

500M - 1B

Traded as

OCN

Social Media

URL

https://www.ocwen.com

Overview

Location

Recognition and Award

References

Summary

Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through Servicing and Originations segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans to owners of mortgage loans and foreclosed real estate. The company also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. Ocwen Financial Corporation serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. The company was founded in 1988 and is headquartered in West Palm Beach, Florida.

History

Ocwen Financial Corporation was founded in 1988 and is headquartered in Atlanta, Georgia. Ocwen is the largest non-bank mortgage loan servicer in the United States and through its affiliates, services and/or originates loan portfolios that are owned by third-party investors. The Company is engaged in the servicing and origination of mortgage loans and single-family residential mortgage assets.

Mission

Our Company. At Ocwen, our mission is to delight our customers through caring service and innovative home-ownership solutions. ... We are a leader in the servicing industry in foreclosure prevention and loss mitigation which helps families stay in their homes and improves financial outcomes for loan investors.

Vision

Our vision is of a world with fair and effective financial services that enable a brighter future for everyone.

Key Team

Mr. George T. Henley (Exec. VP & Chief Growth Officer)

Mr. Sean Bradley O'Neil (Exec. VP & CFO)

Mr. Stephen C. Swett (Investors Contact)

Mr. Joseph J. Samarias (Chief Ethics Officer, Chief Legal Officer, Exec. VP & Company Sec.)

Mr. John V. Britti (Exec. VP & Chief Investment Officer)

Mr. Francois Grunenwald (Sr. VP & Chief Accounting Officer)

Mr. Michael K. Short (VP of Bus. Devel. and Investor Relations)

Recognition and Awards

Ocwen has received numerous awards, including the award for being ‘Exemplary Servicer’ in 2018 by Streamline Refinance Automation Timeliness/Efficiency/Customer Service. Ocwen was also selected in 2017 as one of the Top Ten Companies to Work For in the Financial Services sector by Working Mother magazine.