WEST PALM BEACH, Fla., Aug. 11, 2005 (PRIMEZONE) -- Q10 Kinghorn, Driver, Hough & Co. has chosen the Ocwen REALSynergyPLUS(tm) commercial and multi-family loan servicing platform to handle its growing commercial loan portfolio, Ocwen Financial Corporation (NYSE:OCN) announced today.
According to Debi Flickinger, Vice President of Q10 Kinghorn, Driver, Hough & Co., being able to easily and efficiently manage their commercial and multi-family loan portfolio was a key factor in their decision to select REALSynergyPLUS(tm). "We needed a commercial servicing software suite that would handle everything from loan and property administration to investor, cash and fee management and REALSynergyPLUS(tm) met our requirements," she said.
Established in 1945, Q10 Kinghorn, Driver, Hough & Co. is an independently owned commercial real estate capital company based in Houston, Texas. The company services 387 mortgage loans totaling $1.25 billion for life insurance companies and other institutional lenders.
Ocwen Financial Corporation is a diversified financial services holding company with headquarters in West Palm Beach, Florida and operations in Canada, China, Germany, India, Japan and Taiwan. Ocwen Financial Corporation is principally engaged in servicing and origination processing services for the loan industry. Ocwen Financial Corporation is a global leader in customer service excellence as a result of our company-wide commitment to quality, integrity and accountability. Additional information about Ocwen Financial Corporation is available at www.ocwen.com.