Ocwen Financial Corporation Schedules Conference Call -- 4th Quarter/Year End 2002 Results

WEST PALM BEACH, Florida, UNITED STATES


WEST PALM BEACH, Fla., Feb. 3, 2003 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN), will hold its 4th Quarter/Year End 2002 conference call and audio webcast on Thursday, February 6, 2003, at 4:00 p.m. (ET), to review the Company's operating results. These events will follow Ocwen's 4th Quarter/Year End 2002 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 5:00 p.m. (ET) on Thursday, February 6, 2003 until Friday, February 14, 2003. To listen to a replay of the conference call by telephone dial (402) 998-1082. To access the replay of the conference call over the Internet, visit the above-mentioned website.

Ocwen Financial Corporation is a financial services company headquartered in West Palm Beach, Florida. The Company's primary business is the servicing and special servicing of nonconforming, subperforming and nonperforming residential and commercial mortgage loans. Ocwen also specializes in the development of related loan servicing technology and software for the mortgage and real estate industries. Additional information about Ocwen Financial Corporation is available at www.ocwen.com.



        

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