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OCN| Name | Value |
|---|---|
| Revenues | 281.5M |
| Cost of Revenue | 145.5M |
| Gross Profit | 136.0M |
| Operating Expense | 55.3M |
| Operating I/L | 55.5M |
| Other Income/Expense | -46.0M |
| Interest Income | 0.0M |
| Pretax | 9.5M |
| Income Tax Expense | 1.0M |
| Net Income/Loss | 8.5M |
Ocwen Financial Corporation is a financial services company that specializes in originating and servicing mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through Servicing and Originations segments, providing commercial and residential mortgage loan servicing, including reverse mortgage loans, and originating conventional and government-insured residential forward and reverse mortgage loans through various channels. It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands, generating revenue from loan origination fees, servicing fees, and interest income from the mortgage loans it originates and services.
