Ocwen Financial Corporation Schedules Conference Call For 4th Quarter 2000 Results


WEST PALM BEACH, Fla., Feb. 2, 2001 (PRIMEZONE) -- Ocwen Financial Corporation(R) (NYSE:OCN), will hold their 4th Quarter 2000 conference call and audio Webcast on Wednesday, February 7, 2001, at 4 p.m. (EST), to review the Company's quarterly operating results. These events will follow Ocwen's pre-market release of its 4th Quarter 2000 earnings press release. The press release will also be available on the Ocwen Financial Corporation Shareholder Relations Web page at www.ocwen.com.

A live audio Webcast of 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 and download and install any necessary audio software.

The conference call will be available for replay via telephone beginning at 5 p.m. (EST) on Wednesday, February 7, 2001 until Wednesday, February 14, 2001. To listen to a replay of the conference call by telephone dial 402-998-1430. To access the replay of the conference call over the Internet, visit the above-mentioned Website.

Ocwen Financial Corporation is a financial services company whose primary businesses are the servicing and resolution of 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.