OCN - Mergers and acquisitions

WEST PALM BEACH, Fla., June 28, 2022 (GLOBE NEWSWIRE) -- PHH Mortgage ("PHH" or the "Company"), a subsidiary of Ocwen Financial Corporation (NYSE:OCN) and a leading non-bank mortgage servicer and originator, announced today that it has entered into an agreement with Federal Home Loan Bank of Indianapolis ("FHLBank Indianapolis") to purchase mortgage servicing rights ("MSRs") through its Mortgage Purchase Program ("MPP"). FHLBank Indianapolis has more than 300 depository members and 100 participating financial institutions that originate about $2 billion annually who sell loans into MPP to replenish their capital and minimize portfolio risk. PHH has partnered with FHLBank Indianapolis as b

Continued earnings improvement and strong originations activity Positive operating and financial momentum WEST PALM BEACH, Fla., April 28, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) ("Ocwen" or the "Company"), a leading non-bank mortgage servicer and originator, today provided preliminary information regarding its first quarter 2021 results and progress on the Company's key business priorities. A presentation with additional detail regarding today's announcement will be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page) prior to the Company's preliminary first quarter 2021 earnings conference call