Topics regarding layoffs at Ocwen

Topics regarding layoffs at Ocwen

More layoffs are coming in 2023

Yes, more layoffs are coming in 2023. Ocwen/PHH are "eliminating" positions on the servicing side. How do I know this? I was told about a week or two ago that my position was being elinated & given my exit date. I doubt it's being eliminated, but... —  read more 

| 919 views | | no replies yet
Post ID: @OP+1kJwXLTt

Incentives to stay at Ocwen

Considering the layoffs that took place this year I highly doubt this, but it doesn't hurt to ask. Does Ocwen ever offer any kind of incentive to keep people who have decided to quit for a new job? I frankly don't want to leave, but I got a good... —  read more 

| 1961 views | | 2 replies (last January 9, 2020)
Post ID: @OP+12FcOzSf

NJ office

have to love lobby of NJ office still has all the old clients on wall. I guess it is a reminder of when we were in the MTG business. Good way for boss to know how much him and his team have lost as far as clients. Phone system was cost cutting move... —  read more 

| 2130 views | | 1 reply (April 5, 2019)
Post ID: @OP+YlXPC7y

Messina is cleaning house.

It's obvious his loyalty is on the PHH side. They must have an agreement with the CFPB that they would adopt everything PHH. They have eliminated as much of the Ocwen footprint in regards to offices and eventually the employees. The kept Rancho... —  read more 

| 2249 views | | 1 reply (March 8, 2019)
Post ID: @OP+XXisx7d

Major layoffs at Ocwen

If i got this correctly, more than 2,000 jobs will be cut - and majority of that in the U.S. Really bad days/weeks/months are ahead of us. If anybody has more details on this, it would be highly appreciated if they decided to share here with us. Good... —  read more 

New name?

I’ve heard the company’s new name will be PHH. I thought Ocwen was to be the surviving entity

| 1569 views | | no replies yet
Post ID: @OP+UvouwDN

Ocwen / Homeward Layoffs

Seems like layoffs are looming in Addison for Ocwen/Homeward Residential -- can anyone up the foodchain confirm? Lots of change, office is up for lease but no new location has been picked.

| 1786 views | | no replies yet
Post ID: @OP+UckRXsn

Ongoing Layoff

There were around 20-30 employees that were laid off in the late 2017 and early 2018. Most of them were tenured employees. Even the bosses have been elimated. There is no job security in Ocwen.

| 1901 views | | 1 reply (May 18, 2018)
Post ID: @OP+TejJOym

Layoffs at Ocwen India

Guys, hundreds have been thrown out of the company with a severance package. It's begun and by November most of them at Ocwen are going to be jobless.

| 2189 views | | no replies yet
Post ID: @OP+PHq25S2

The Layoffs have begun.

Ocwen Financial with offices in West Palm Beach, FL, Coppell, TX and Houston, TX among other locations had begun layoffs. So far, looking at 200 or more. Mostly from the Coppell office. Many jobs getting outsourced.

| 2598 views | | no replies yet
Post ID: @OP+HGi9YTj

Ocwen layoff 2014

Thanks to Ocwen sending my job over seas, I qualified for the Trade act, where the government pays you for 2 years and pays for you to go to school for 2 years. it has been one of the best experiences of my life. Relaxed and get an Associates degree.

| 2372 views | | 1 reply (January 27, 2016)
Post ID: @OP+FEJ8pQ4


Careful with what you write: But when they saw the final paperwork for their settlement, they found that Ocwen Financial Corp, the company that collected and processed their mortgage payments, had added an extra clause: they could not say or print or... —  read more 

| 3200 views | | 3 replies (last March 30, 2015)
Post ID: @OP+vJvRKxS

Hi folks - I'm a reporter at Bloomberg, where I'm doing a story on layoffs in the mortgage servicing business. lwoellert (at)

Many mortgage servicers, including Ocwen, are moving jobs offshore. Is anyone interested in talking to me about your personal experience with the layoffs? I have a deadline of Tuesday, April 15, 2014. Please feel free to drop me an email or call... —  read more 

| 2576 views | | 2 replies (last June 2, 2014)
Post ID: @OP+v4hFcae

Massive cuts

Large number of fairly recent acquisitions prompted Ocwen Financial Corp. to issue layoff notices Tuesday to more than 800 employees across the country. The number includes 238 at the former GMAC Mortgage operation in Waterloo. Before the move, and a... —  read more 

| 2758 views | | no replies yet
Post ID: @OP+tgPqy24


Approximately 244 employees were affected by the layoffs in the Fort Washington, Pa building. However, no manager or team lead were affected by this. Why is that? In most cases they also would eliminate management staffing.

| 2409 views | | no replies yet
Post ID: @OP+t1pElIZ

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