Ocwen Financial Corporation · West Palm Beach, FL United States ·(NYSE: OCN)
Company Description
Phone: 561-682-8000
Fax: 561-682-8177
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This link will open in a new window Oc-what? Oc-who? Ocwen. Ocwen Financial services subprime residential mortgage loans for third parties and for itself through its residential servicing segment. Its residential origination services unit also provides fee-based loan processing services as real estate appraisal and title services, as well as outsourced data entry, call center services, and mortgage research. (It exited the subprime origination business, including joint venture Funding America.) The company's Ocwen Recovery Group segment provides collection services on portfolios of unsecured debt. Ocwen Financial plans to spin off its Ocwen Solutions unit, which provides outsourcing services to the mortgage and consumer finance industries. To read the full description, subscribe now.
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Key Ocwen Financial Corporation Financials
| Company Type | Public - NYSE: OCN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $492.1 |
| 2008 Employees | 4,146 |
Ocwen Financial Corporation Executives
9 executives listed for Ocwen Financial Corporation's West Palm Beach, FL location.
| Title | Name & Bio | Contact |
| Chairman Emeritus | Barry Wish | Network |
| Chairman and CEO, Ocwen Financial and Ocwen Federal Bank | William Erbey | Network |
| President and Director; President, Ocwen Federal Bank | Ronald Faris | Network |
Competition
Competitive Landscape for Ocwen Financial Corporation
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects. Average revenue per employee is about $200,000 for large firms, $115,000 for small ones. To read the full description, subscribe now.Top Ocwen Financial Corporation Competitors
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