Ocwen Financial Announces Shareholder Approval to Rebrand as Onity™ Group
May 28, 2024 16:15 ET
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Ocwen Financial Corp.
New name and NYSE trading symbol (“ONIT”) expected to be effective June 10, 2024PHH Mortgage expected to rebrand to Onity Mortgage in the fall of 2024 WEST PALM BEACH, Fla., May 28, 2024 (GLOBE...
Ocwen Financial Announces First Quarter 2024 Results
May 02, 2024 06:45 ET
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Ocwen Financial Corp.
Net income of $30 million and diluted earnings per share of $3.74; annualized return on equity of 29%Adjusted pre-tax income of $14 million, driven by servicing segment; achieved 13.8% annualized...
Ocwen Financial Schedules Conference Call – First Quarter 2024 Results and Business Update
April 24, 2024 17:24 ET
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Ocwen Financial Corp.
WEST PALM BEACH, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced...
Ocwen Financial Announces Intention to Rebrand as Onity™ Group
April 03, 2024 16:15 ET
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Ocwen Financial Corp.
Name change proposal to be submitted for approval at upcoming Annual Meeting of Shareholders New name embodies the Company’s transformation into a balanced and diversified business Ocwen subsidiary...
Ocwen Financial Corporation Announces Appointment of Claudia Merkle to Board of Directors
April 02, 2024 06:45 ET
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Ocwen Financial Corp.
WEST PALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the...
PHH Mortgage Recognized by Fannie Mae as a 2023 Star Performer
March 11, 2024 16:15 ET
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Ocwen Financial Corp.; PHH Mortgage
WEST PALM BEACH, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and...
Ocwen Financial Announces Full Year and Fourth Quarter 2023 Results
February 27, 2024 06:45 ET
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Ocwen Financial Corp.
Net loss of $64 million for 2023, driven by $89 million reduction in unrealized MSR value change due to rates and assumptions, net of hedgeAdjusted pre-tax income of $49 million for 2023, driven by...
Ocwen Financial Schedules Conference Call – Fourth Quarter and Full Year 2023 Results
February 20, 2024 17:00 ET
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Ocwen Financial Corp.
WEST PALM BEACH, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that...
PHH Mortgage Announces New Subservicing Agreement With Zillow Home Loans
November 13, 2023 16:15 ET
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Ocwen Financial Corp.
Agreement expands existing correspondent relationship to strategic servicing partner Initial onboarding of loans completed in August 2023 WEST PALM BEACH, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) --...
Ocwen Financial Announces Third Quarter 2023 Results
November 07, 2023 06:45 ET
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Ocwen Financial Corp.
Net income of $8 million and earnings per share of $1.10; annualized return on equity of 8%Adjusted pre-tax income of $10 million, driven by servicing segment; achieved 9% annualized adjusted pre-tax...