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Ocwen Financial's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Ocwen financial is a provider of reverse mortgage and investment property loan services for homeowners.

Ocwen Financial's... Read more

Based on data from Ocwen Financial's latest SEC filings

Annual Revenue

Based on data from Ocwen Financial's latest SEC filings

Employees

Glen A. Messina's photo - President & CEO of Ocwen Financial

President & CEO

Glen A. Messina

CEO Approval Rating

71/100

OVERVIEW

Founded:

1988

Headquarters:

West Palm BeachFlorida

Status:

PublicIndependent Company of NYSEOCN

Industry Sector:

- -

SIC Code:

6199NAICS listing »

6162NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Mr. Cooper a competitor of Ocwen Financial?

I don't know

Trending News for Ocwen Financial and Ocwen Financial's Competitors

January 24, 2020

Reuters

Remaining hurdles for scandal-hit Wells Fargo

Wells Fargo & Co and its officials have racked up well over $4 billion (3 billion pounds) in penaltie... See more »

January 24, 2020

The Business Journals: Raleigh/Durham

JPMorgan gets initial green light for two Triangle bank branches

JPMorgan & Chase just scored a green light from the feds to open two new branches in the Triangle.... See more »

January 27, 2020

Arkansas Business

Albright Advances to SVP at Bank of America (Movers & Shakers)

Heather Albright has been promoted to senior vice president at Bank of America in Little Rock... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Wells Fargo is one of Ocwen Financial's top competitors. Wells Fargo was founded in 1852, and its headquarters is in San Francisco, California. Wells Fargo competes in the Mortgage Finance field. Wells Fargo has 249,000 more employees than Ocwen Financial.

JPMorgan Chase is Ocwen Financial's #2 rival. JPMorgan Chase was founded in 1799 in New York, New York. JPMorgan Chase competes in the Banks industry. JPMorgan Chase generates $111.7B more revenue than Ocwen Financial.

Bank of America is a top competitor of Ocwen Financial. Bank of America is a Public company that was founded in Charlotte, North Carolina in 1998. Bank of America operates in the Banks industry. Bank of America has 199,300 more employees vs. Ocwen Financial.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Glen A. Messina

President & CEO

- -
9,700
$186.2M
$1.2B
1

Charles Scharf

President & CEO

71/100
258,700
- -
$86.2B
2

Jamie Dimon

Chairman & CEO

78/100
256,105
$1.7B
$113.4B
3

Brian T. Moynihan

Chairman & CEO

62/100
204,489
- -
$91.8B
4

Barbara J. Desoer

CEO

61/100
93,700
- -
$23.3B
5

JAY BRAY

Chairman & CEO

70/100
8,500
- -
$2.8B
6

Jay Farner

CEO

86/100
17,000
- -
$800M
7

CEO

- -
22,899
- -
$9.6B
8

Michael Nierenberg

President & CEO

82/100
2,357
- -
$996.6M
9

CEO

- -
246
- -
$4.5M
10

William S. Demchak

President

90/100
53,063
- -
$28.3B
The top 10 competitors in Ocwen Financial's competitive set are Wells Fargo, JPMorgan Chase, Bank of America, Citibank, Mr. Cooper, Quicken Loans, SunTrust Banks, New Residential, Ditech Mortgage and PNC. Together they have raised over 1.7B between their estimated 911.6K employees. Ocwen Financial has 9,700 employees and is ranked 8th among it's top 10 competitors. The top 10 competitors average 84,250.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.2B

Ocwen Financial's revenue is the ranked 8th among it's top 10 competitors. The top 10 competitors average 32.6B. Over the last four quarters, Ocwen Financial's revenue has decreased by 7.2%. Specifically, in Q3 2019's revenue was $288.6M; in Q2 2019, it was $274.3M; in Q1 2019, it was $303.9M; in Q4 2018, Ocwen Financial's revenue was $310.9M.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Phh Corp

Feb 2018

Source »
$360M
PHH is a provider of residential mortgage and portfolio retention solutions for wealth management institutions, community banks and credit unions.

These are all the companies that Ocwen Financial has acquired. Ocwen Financial's latest acquisition was Phh Corp in Feb 2018. PHH is a provider of residential mortgage and portfolio retention solutions for wealth management institutions, community banks and credit unions.

Ocwen Financial Funding History

Since Ocwen Financial was founded in 1988, it has participated in 1 round of funding. In total Ocwen Financial has raised $186.2M. Ocwen Financial's funding round was on Feb 2012 for a total of $186.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Feb 2012
$186.2M

Total Funding: $186.2M

Since Ocwen Financial was founded in 1988, it has participated in 1 round of funding. In total Ocwen Financial has raised $186.2M. Ocwen Financial's funding round was on Feb 2012 for a total of $186.2M

Investments

No recent investments found related to Ocwen Financial

Ocwen Financial News

October 28, 2019Benzinga

Ocwen Financial Schedules Conference Call - Third Quarter 2019 Results

WEST PALM BEACH, Fla., Oct. 28, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) ("Ocw... See more »
October 1, 2019MarketScreener

Ocwen Financial Corporation Comments on Court Ruling Related to Motion to Dismiss Florida Complaint

(marketscreener.com) WEST PALM BEACH, Fla., Oct. 01, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corpora... See more »
September 11, 2019The Business Journals: South Florida

CPFB given deadline to amend lawsuit against Ocwen Financial

It's not the company's first run-in with the Consumer Financial Protection Bureau.... See more »
August 12, 2019Market Exclusive

OCWEN FINANCIAL CORPORATION (NYSE:OCN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Effective August 12, 2019, Francois Grunenwald will join Ocwen Financial Corporation (“Ocwen” or the ... See more »
June 11, 2019USCHNews

Ocwen Transfers 1 Million Loans to New Platform, Finalizes Merger Details

Ocwen Financial Corporation (NYSE: OCN) announced Monday that it has completed the final phase of tra... See more »
June 10, 20194-traders

Ocwen Financial Announces Updates on Key Business Initiatives

(marketscreener.com) WEST PALM BEACH, Fla., June 10, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corpora... See more »
May 7, 2019Market Exclusive

OCWEN FINANCIAL CORPORATION (NYSE:OCN) Files An 8-K Results of Operations and Financial Condition

Ocwen Financial Corporation is a financial services holding company. The Company, through its subsidi... See more »

Ocwen Financial Press Releases

April 24, 2018GlobeNewswire

Ocwen Awarded Top Servicing Performance Rating from Fannie Mae for 2017

WEST PALM BEACH, Fla., April 24, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) ("Oc... See more »
March 10, 2018Business Wire

The Law Offices of Vincent Wong Notifies Investors of an Investigation Into PHH Corporation in Connection with the Sale of the Company to Ocwen Financial Corporation

NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong Notifies Investors of an Investigation int... See more »
March 6, 2018ForImmediateRelease

Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PHH Corporation

Travel & Tourism Industry release: NEW ORLEANS, March 5, 2018 /PRNewswire/ - Former Attorney General ... See more »
March 1, 2018MarketersMedia

Brodsky & Smith, LLC Announces an Investigation of PHH Corporation- PHH

BALA CYNWYD, PA / ACCESSWIRE / March 1, 2018 / The Law office of Brodsky & Smith, LLC announces that ... See more »
February 27, 2018Thailand Press Release News

Ocwen Loan Servicing LLC AVERAGE Small-Balance Commercial Servicer Special Servicer Rankings Outlooks Stable

NEW YORK (SP Global Ratings) Feb. 26, 2018-SP Global Ratings today affirmed its AVERAGE rankings on O... See more »
February 27, 2018EconoTimes

Ocwen Financial Corporation Enters Into Definitive Agreement to Acquire PHH Corporation for $360 Million

Ocwen Financial Corporation (NYSE:OCN) (“Ocwen” or the “Company”), a leading financial services holdi... See more »
November 2, 2017GlobeNewswire

Ocwen Financial Announces Operating Results for Third Quarter 2017

WEST PALM BEACH, Fla., Nov. 02, 2017 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) ("Ocw... See more »

Ocwen Financial Videos

June 25, 2019Ocwen Financial Vimeo Channel

"Life @ Ocwen" on VIMEO

Ocwen leaders talk about why they like working at Ocwen.Cast: OcwenCares... See more »
May 14, 2018Ocwen Financial Vimeo Channel

"What are ACH payments?" on VIMEO

Cast: OcwenCares... See more »
May 14, 2018Ocwen Financial Vimeo Channel

"How to Read Your Mortgage Statement" on VIMEO

Cast: OcwenCares... See more »
October 31, 2016Ocwen Financial Vimeo Channel

"Ocwen: Do The Right Thing" on VIMEO

Cast: OcwenCares... See more »
May 12, 2016Ocwen Financial Vimeo Channel

"NAACP and Ocwen: Helping Homeowners Across the Country" on VIMEO

ocwencares.com/ ►► The NAACP and Ocwen are proud to continue the Help and Hope for Homeowners event s... See more »
January 22, 2016Ocwen Financial Vimeo Channel

"Ocwen: Leader in Loan Modifications" on VIMEO

http://ocwencares.com/ ►► At Ocwen, helping homeowners is what we do. We can help you get the loan mo... See more »
December 3, 2015Ocwen Financial Vimeo Channel

"Ocwen: Giving You the Help You Need" on VIMEO

http://ocwencares.com/ ►► Darlene B., New York homeowner, Ocwen customer; testimony from "Help & Hope... See more »

Headquarters

1661 Worthington Road Suite 100

West Palm Beach, Florida33409

561-682-8000

Driving Directions »

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Summary

ABOUT

Overview

Ocwen financial is a provider of reverse mortgage and investment property loan services for homeowners. Ocwen Financial was founded in 1988. Ocwen Financial's headquarters is located in West Palm Beach, Florida, USA 33409. It has raised 186.2M in 1 ro...

CEO

Ocwen Financial's President & CEO, Glen A. Messina, currently has an approval rating of 71%. Ocwen Financial's primary competitors are Wells Fargo, JPMorgan Chase & Bank of America.

Website

ocwen.com

Frequently Asked Questions about Ocwen Financial

  1. When was Ocwen Financial founded?

    Ocwen Financial was founded in 1988

  2. Who is Ocwen Financial's CEO?

    Ocwen Financial's CEO is Glen A. Messina

  3. How much revenue does Ocwen Financial generate?

    Ocwen Financial generates $1.2B in revenue

  4. How much funding does Ocwen Financial have?

    Ocwen Financial has historically raised $186.2M in funding

  1. Where is Ocwen Financial's headquarters?

    Ocwen Financial's headquarters is in West Palm Beach Florida, USA

  2. How many employees does Ocwen Financial have?

    Ocwen Financial has 9,700 employees

  3. Who are Ocwen Financial's competitors?

    Ocwen Financial's top competitors are Wells Fargo, JPMorgan Chase, Bank of America
Stay up-to-date with the latest news on Ocwen Financial