Ocwen Financial Corporation Schedules Conference Call -- 3rd Quarter 2006 Results


WEST PALM BEACH, Fla., Oct. 24, 2006 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) will hold its conference call on Thursday, October 26, 2006 at 11:00 a.m. (ET) to review the Company's operating results. These events will follow Ocwen's 3rd Quarter 2006 earnings release. The press release will also be available on the Ocwen Financial Corporation Shareholder Relations website at www.ocwen.com.

A live audio webcast and slide presentation for the call will be available over the internet at www.ocwen.com (through a link on the Shareholder Relations page). Those who want to listen to the call should go to the website at least fifteen minutes prior to the call to register, download and install any necessary audio software.

The conference call will be available for replay via telephone beginning at 12:01 p.m. (ET) on Thursday, October 26, 2006 until Friday, November 3, 2006. To listen to a replay of the conference call by telephone dial 1-203-369-3117.

Ocwen Financial Corporation is a leading provider of servicing and origination processing solutions to the loan industry with headquarters in West Palm Beach, Florida, offices in Orlando, Florida, Downers Grove, Illinois and Atlanta, Georgia and global operations in Canada, Germany, India and Taiwan. We make our clients' loans worth more by leveraging our superior processes, innovative technology and high-quality, cost-effective global human resources. Additional information is available at www.ocwen.com.



            

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