Ocwen Financial Corporation Careers, Pay and Expert Network

Ocwen Financial Corporation is a provider of residential and commercial mortgage loan servicing, special servicing and asset management services. Ocwen is headquartered in West Palm Beach, Florida, with additional offices in Fort Washington, Pennsylvania, Orlando, Florida, Houston, Texas, Waterloo, Iowa, St. Croix, U.S. Virgin Islands and Washington, D.C.. It also has support operations in Philippines, and India. Ocwen is licensed to service mortgage loans in all 50 states, the District of Columbia and two U.S. territories. Ocwen has been servicing residential mortgage loans since 1988 and subprime mortgage loans since 1994. As of 2010, Ocwens subprime servicing volume was $56 billion, ranking it fourth in subprime servicing behind American Home Servicing ($78 billion), Bank of America/Countrywide ($82 billion) and Chase Home Finance ($90 billion). As of December 31, 2011, Ocwen had serviced 671,623 residential loans with an aggregate unpaid principal balance (UPB) of $102.2 billion. As of February 26, 2014, with rights to service a mortgage portfolio of over $500 billion in UPB, it is the biggest non-bank servicer of US mortgages