Ocwen Financial (OCN) - 2023 Q4 - Annual Results
Exhibit 99.1 Ocwen Financial Corporation OCWEN FINANCIAL ANNOUNCES FULL YEAR AND FOURTH QUARTER 2023 RESULTS West Palm Beach, FL – (February 27, 2024) – Ocwen Financial Corporation (NYSE: OCN) ("Ocwen" or the "Company"), a leading non-bank mortgage servicer and originator, today announced its full year and fourth quarter 2023 results and provided a business update. The Company reported GAAP net loss of $47 million for the fourth quarter with an adjusted pre-tax income of $11 million (see "Note Regarding Non ...