Ronald M. Faris
President & CEO
Scott William Anderson
Executive VP & Chief Servicing Officer
Marcelo G. Cruz
Chief Risk Officer & Executive VP
Ocwen Financial Corporation was founded in the year 1988. The company has been operational for almost 31 years now. As of the year 2010, the company’s subprime servicing volume was $56 billion, ranking it fourth in subprime servicing in the USA. In the year 2011, the company had serviced more than 670,000 residential loans with an aggregate unpaid principal balance of almost $102 billion. In the year 2012, the company had completed its purchase of Aurora Bank's commercial servicing rights portfolio. By the year 2012, the company had announced plans to buy Homeward Residential Holdings from WL Ross & Company, for almost $750 million. Then in the year 2014, with rights to service a mortgage portfolio of over $500 billion, the company is the biggest non-bank servicer of USA mortgages as well. During the year 2018, Ocwen Financial Corporation entered into definitive agreement to acquire PHH Corporation for $360 million. In the year 2019, Ocwen Financial Corporation and as well as Ocwen Loan Servicing is currently merging all loans that are currently serviced by the company, into PHH Mortgage which will fully disable the company’s current website as well. The headquarters of the company is based in 1661 Worthington Rd #100. The name of the place is West Palm Beach, while the name of the state is Florida, USA. The pin code is 33409.
Ocwen Financial Corporation is an American company that focuses on providing various kinds of financial services, to its customers in the USA. The current CEO and president of the company are Glen Messina. As of the year 2014, the total revenue generated by the company is more than $18 billion. Also, the number of employees currently working in the company, as of the year 2018, is more than 6400.
The primary services provided by the company include allowing customers to obtain various kinds of financial services including residential and commercial mortgage loan servicing, special servicing, and asset management services, etcetera, that are offered by the company itself.
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