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
This place has turned toxic
I'm not the only one considering leaving.
Ocwen Financial Layoffs 2023
Is there going to be any reorg or Ocwen Financial layoffs? Any chatter, news or rumors?
Ocwen Financial Layoffs 2022
If the market makes a turn soon, do you think there will be Ocwen Financial layoffs? Any chatter, news or rumors?
Q&A Thread for Coronavirus / Ocwen Financial
What is on your mind - what should be done and what we've done good so far? Where is all of this going?
How many people work at Ocwen Financial?
I am interested in the overall number of employees. Also, please share if you know how many people work at Atlanta?
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
Ocwen Financial Layoffs 2020
How likely is that there will be Ocwen Financial Layoffs 2020? Any news or rumors?
Glen Messina destroying Ocwen
Doing what he does best. Layoff most of the staff and watch the company implode. He did this to PHH and now Ocwen. He's a crook.
work you till the end for the lower people
Nice give 20 years and they hold the package over your head for 6 months. Be nice to have firm end date to plan your life but guess they don's care. Guess management is ok with some folks getting paid to be home He accepted Ocwen’s offer and the... — read more
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
Any chance people can transfer?
Does anybody know if Ocwen is going to give employees in closing locations a chance to transfer to one of the remaining ones? Or is this going to be a clean cut?
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
Real Reasons for Closing Waterloo
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
Ocwen Financial Layoffs 2019
Have you heard anything about potential Ocwen Financial Layoffs in 2019?
Do you think there will be layoffs at Ocwennand PHH in 2019. Seems there will be a lot of duplication in the Servicing Division.
What's next after we merge with PHH on 10/4/2018
What do you expect? What will happen? Layoffs?
I’ve heard the company’s new name will be PHH. I thought Ocwen was to be the surviving entity
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.
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.
Ocwen Financial Layoffs 2018
Things are not improving - rumors are flying - and we might see job cuts in Atlanta.
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.
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.
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.
Ocwen Financial Layoffs 2016
What is the likelihood of Ocwen Financial layoffs in Atlanta in 2016? Please let me know if you have any information.
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
Hi folks - I'm a reporter at Bloomberg, where I'm doing a story on layoffs in the mortgage servicing business. lwoellert (at) bloomberg.net
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
ocwen severance package
anyone? how many months? what about benefits? cobra?
ocwen loan servicing after layoffs
pretty dismal, enough said
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
Leaders or Cowards at Ocwen Fort Washington Pennsylvania?
The leadership at Ocwen Fort Washington no longer have the guts to look at those people whose dedication and loyalty to a company we all knew from day one was doomed. Now that it is beginning to come to light the cowards walk with their heads down... — read more
Fort Washington again
200+ to be let go
Are we doing business in Mexico?
Never heard about it? What do you guys do?
Despidos en México?
Saben si habrá despidos en México?
What about Waterloo?
Anybody heard anything?
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.
800 people is a bit too much
how many employees do we have right now, something like 7K? so, 800 people would be ~10%. A bit too much in my opinion, on the other hand Ocwen is a weird animal...