Ocwen Financial (OCN) - 2024 Q1 - Quarterly Results

Exhibit 99.1 The Company reported GAAP net income of $30 million for the first quarter with an adjusted pre-tax income of $14 million (see "Note Regarding Non-GAAP Financial Measures" below). Glen A. Messina, Chair, President and CEO of Ocwen, said, "We reported strong results in the first quarter with growth in net income and adjusted pre-tax income quarter over quarter, driven by the strength of our balanced business and operational performance in both our servicing and originations segments. Our strategy ...