Ocwen Financial Corporation Company Profile

Ocwen Financial Corporation

1661 Worthington Rd, Ste 100
West Palm Beach, FL 33416-4737
United States
Tel: 1/561/682-8400
URL: http://www.ocwen.com
Primary Symbol & Exchange:
OCN - Common Stock - New York Stock Exchange
Industry:
Banking
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+  NAICS Industry Code:
Mergers & Acquisitions:
Ocwen Financial Corporation Mergers and Acquisitions
Thomson Financial Business Description:
The Group's principal activity is of asset managent and business process solutions. It provides specializing in loan servicing, special servicing and mortgage services. It operates in six segments: Servicing segment provides loan servicing, including asset management and resolution services. Loans and Residuals segment includes trading and investing activities. Asset Management Vehicles segment is engaged in the management of residential assets. Mortgage Services segment provides fee-based mortgage and default services including residential property valuation, mortgage due diligence, mortgage underwriting and insurance support. Financial Services segment generates fees by providing collection services. Technology Products include REALServicingTM, REALResolutionTM, REALTransSM, REALSynergyTM and REALRemitTM. It operates in the United States, Germany, Canada, Uruguay and India. On 06-Jun-2007, the Group acquired NCI Holdings Inc.
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