Ocwen Financial Corporation

Ocwen Financial Corporation is a financial services company that specializes in managing mortgage loans. It primarily services and remits payments for home loans on behalf of banks, mortgage investors, and homeowners. Ocwen focuses on providing mortgage servicing, loss mitigation, and foreclosure assistance, aiming to help borrowers manage their mortgage obligations and avoid foreclosure. The company operates with a goal of improving mortgage servicing processes and solutions through technology and service quality. Overall, Ocwen acts as an intermediary that manages mortgage-related activities, ensuring loans are paid and helping distressed homeowners stay in their homes when possible.