Ocwen Financial Corp. Stock, NYSE:OCN
1661 Worthington Road, Suite 100, West Palm Beach, Florida 33409
United States of America
Number of Employees: 5000
Ocwen Financial Corp. is a financial services holding company, which through its subsidiaries engages in the servicing and origination of mortgage loans. It operates through the following business segments: Servicing, Lending, and Corporate Items and Other. The Servicing segment engages in residential servicing business, which offers residential and commercial mortgage loan servicing, special servicing and asset management services. The Lending segment involves in the originating and purchasing conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The Corporate Items and Other segment include revenues and expenses that are not directly related to other reportable segment. The company was founded in February 1988 and is headquartered in West Palm Beach, FL.