Home >> Tag Archives: Ocwen Financial Corporation

Tag Archives: Ocwen Financial Corporation

Ocwen Begins Search for New CFO

Michael Bourque Ocwen

With the resignation of Ocwen CFO Michael Bourque, announced Tuesday, what impact will his departure have on the mortgage servicer? Click through to learn more about the state of Ocwen after this announcement.

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Ocwen Drops $360 Million to Acquire PHH Corp

Ocwen Financial Corporation, an Atlanta-based financial services holding company, today announced a definitive agreement under which Ocwen will acquire all of the outstanding shares of PHH Corporation, a mortgage ...

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Ocwen to Use MSRs to Decrease Loan Debt

Today, Ocwen Financial Corporation announced that it will use payments connected with previous mortgage servicing rights (MSRs) sales to pay down $53.2 million of its senior secured term loan, according to the company’s recent 8-K filing with the Securities and Exchange Commission (SEC). As of now, Ocwen still has approximately $939.4 million left outstanding under its senior secured term loan.

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