Ocwen Financial Overview

Ocwen Financial Corporation is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as "debt collectors, collecting monthly principal and interest from homeowners".
The staff at Ocwen Financial come from unusually diverse demographic backgrounds. The company is 47.5% female and 42.7% ethnic minorities. Ocwen Financial employees are more likely to be members of the Democratic Party than the Republican Party, with 56.2% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at Ocwen Financial is relatively high. Employees at Ocwen Financial stay with the company for an average of 2.8 years before leaving. The average employee at Ocwen Financial makes $67,597 per year. In comparison, some of its highest paying competitors, like CIT Group, KPMG, and JPMorgan Chase, pay $92,091, $85,536, and $75,304, respectively.
Based in Florida, Ocwen Financial is a key player in the finance industry with 6,400 employees and an annual revenue of $1.3B.

The Organization’s Mission

To delight our customers through caring service and innovative home-ownership solutions.

Perks of Working at Ocwen Financial

Ocwen Financial offers a tuition reimbursement program, 401k match, access to medical, dental, and vision insurance, short-term disability and long-term disability benefits, etc.







Founded in



West Palm Beach, FL



Organization Type


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The Team At Ocwen Financial

Key People
  • Martha Goss (Director)
  • William Lacy (Director)
  • William Erbey (Director, Executive Officer)
  • Daniel Seguine (Executive Officer)
  • Paul Koches (Executive Officer)
  • Hermeian Leon (Human Resources Manager)
  • William Shepro (Executive Officer)
  • Ronald Faris (Director, Executive Officer)
  • Barry Wish (Chairman)
  • Glen Messina (ceo)
  • Ronald Korn (Director)
  • David Gunter (Executive Officer)
The Inside Scoop
Ocwen Financial Corporation (Ocwen), established in 1988, is one of the largest mortgage companies in America. Its primary business is mortgage loan servicing and origination. Headquartered in West Palm Beach, Florida, Ocwen's global community has team members are located throughout the United States, US Virgin Islands, India and the Philippines. The company's aim is to provide caring service and innovative lending solutions for homeowners and commercial customers.
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The Culture At Ocwen Financial

Information provided by the company
Primary LocationUS-FL-West Palm BeachJobResidential Servicing
And, as part of the Liberty family, you'll build long-term relationships in your career here.
Operates with a sense of urgency.. Open to ongoing growth and education to stay ahead of new technology solutions and systems.

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Ocwen Financial Rankings

Ocwen Financial is ranked #27 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Ocwen Financial Salaries

How much does Ocwen Financial pay?
The national average salary for an Ocwen Financial employee in the United States is $67,597 per year. Employees in the top 10 percent can make over $132,000 per year, while employees at the bottom 10 percent earn less than $34,000 per year.
Salary Score
Average Employee Earnings

Ocwen Financial Salaries By Job Title

While the average employee salary at Ocwen Financial is $67,597, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Ocwen Financial include Relationship Manager, Associate, Team Leader, and Senior Underwriter. A worker with the title Relationship Manager salary at Ocwen Financial can earn an average yearly salary of $120,212. Other roles at Ocwen Financial include Cashier and Customer Service Representative. A Cashier at Ocwen Financial earns an average yearly salary of $21,267.

Ocwen Financial Careers

On average, employees at Ocwen Financial stay with the company for 2.8 years. Employees most commonly join Ocwen Financial after leaving Bank of America. When they leave Ocwen Financial, they most frequently get their next job at JPMorgan Chase.

Average Length of Employment
PHH3.2 years

Ocwen Financial

2.8 years
Top Employers Before Ocwen Financial
Citi9.7 %
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Top Employers After Ocwen Financial
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Ocwen Financial Employment Videos

Ocwen Financial Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.


> $1B

Founded in


Organization type


Ocwen Financial Financing Rounds

DateAmountSecurity Type
Apr 16, 2009Equity
Apr 16, 2009

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Ocwen Financial Subsidiaries

Subsidiaries to Ocwen Financial include ATRIUM INSURANCE, Homeward Residential Holdings, and OPTION ONE MORTGAGE. Employees at the parent company, Ocwen Financial, earn $67,597. In comparison, the salaries at ATRIUM INSURANCE, Homeward Residential Holdings, and OPTION ONE MORTGAGE are $64,377, $62,742, and $59,532.
Average Salary
Homeward Residential Holdings
Homeward Residential Holdings
Litton Loan Servicing LP
Litton Loan Servicing LP

Ocwen Financial Competitors

Some of the competitors of Ocwen Financial are CIT Group, KPMG, and JPMorgan Chase. The wages at CIT Group average higher than the other similar companies, where the median salary is $92,091 per year. Employees at KPMG earn an average of $85,536 per year, and the employees at JPMorgan Chase earn an average salary of $75,304 per year.

Frequently Asked Questions about Ocwen Financial

When was Ocwen Financial founded?

Ocwen Financial was founded in 1988.

How many Employees does Ocwen Financial have?

Ocwen Financial has 6,400 employees.

How much money does Ocwen Financial make?

Ocwen Financial generates $1.3B in revenue.

What industry is Ocwen Financial in?

Ocwen Financial is in the banks industry.

What is Ocwen Financial's mission?

Ocwen Financial's mission statement is "To delight our customers through caring service and innovative home-ownership solutions."

What type of company is Ocwen Financial?

Ocwen Financial is a public company.

Who are Ocwen Financial's competitors?

Ocwen Financial competitors include Homeward Residential Holdings, PHH, Litton Loan Servicing LP, OPTION ONE MORTGAGE, Select Portfolio Servicing, Caliber Home Loans, JPMorgan Chase, Nationstar Mortgage, EverBank, Saxon Mortgage, CIT Group, Aurora Loan Services, CoreLogic, Synovus, Specialized Loan Servicing, EMC Mortgage, Countrywide Home Loans, BBVA Compass, KPMG, Flagstar Bancorp.

Who works at Ocwen Financial?

Martha Goss (Director)

William Lacy (Director)

William Erbey (Director, Executive Officer)

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Zippia gives an in-depth look into the details of Ocwen Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ocwen Financial. The employee data is based on information from people who have self-reported their past or current employments at Ocwen Financial. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Ocwen Financial and its employees or that of Zippia.

Ocwen Financial may also be known as or be related to OCWEN FINANCIAL CORP, Ocwen, Ocwen Financial, Ocwen Financial Corp. and Ocwen Financial Corporation.