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Ocwen Financial Corp.

Ocwen Financial Corp.

Sector: Mortgage Bankers And Loan Correspondents Region: GA, United States


: | New York Stock Exchange: OCN


Ocwen Financial Corp. is a financial services holding company, which through its subsidiaries engages in the servicing and origination of mortgage loans. It operates its business through three segments: Servicing, Lending and Corporate Items & Other. The Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. The Lending segment is focused on originating and purchasing agency-conforming residential mortgage loans mainly through its correspondent lending business. The Corporate Items & Other segment includes business activities that are individually insignificant, interest income on short-term investments of cash, corporate debt and certain corporate expenses. The company was founded in February 1988 and is headquartered in Atlanta, GA.

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