Who owns ocwen loan servicing

Forward-looking statements involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially. In the past, actual results have differed from those suggested by forward looking statements and this may happen again. Important factors that could cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, our ability to deploy the proceeds of the Second Lien Notes in suitable investments at appropriate returns; uncertainty relating to the future impacts of the COVID pandemic, including with respect to the response of the U.

Our forward-looking statements speak only as of the date they are made and, we disclaim any obligation to update or revise forward-looking statements whether as a result of new information, future events or otherwise. What We Do. Consumer Home Loans and Insurance. Reverse Mortgage Loans. Caring in Action We understand how important homeownership is to our customers and communities across America.

Finally, but perhaps most importantly, Ocwen's shareholders have felt the pain of the PHH acquisition. In the last year, the stock price has declined precipitously as the acquisition saddled the company with more debt and steeper losses. OCN data by YCharts. With Ocwen's stock this low, some investors may view the stock as a bargain.

However, buyers should be aware that Ocwen is a risky stock. The company is now operating in an unfavorable industry environment, which will most likely see revenue continue to decline until the environment changes. Making matters worse, Ocwen is unprofitable and has an ugly balance sheet.

Discounted offers are only available to new members. Stock Advisor will renew at the then current list price. Average returns of all recommendations since inception. Cost basis and return based on previous market day close. Investing Best Accounts. PHH Mortgage delivers a variety of servicing and lending programs. Liberty is one of the largest reverse mortgage lenders dedicated to educating and providing loans that help customers meet their personal and financial needs.

Liberty Reverse Mortgage is one of the largest and most experienced reverse mortgage lenders in the country. Helping homeowners and communities is what we do.

Ocwen Financial Corporation and its subsidiaries, PHH Mortgage and Liberty Reverse Mortgage, are committed to helping our customers save money, build equity and, most importantly, stay in their homes.