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.
Topics regarding layoffs at Ocwen
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
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?
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
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
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
Have you heard anything about potential Ocwen Financial Layoffs in 2019?
What do you expect? What will happen? Layoffs?
Do you think there will be layoffs at Ocwennand PHH in 2019. Seems there will be a lot of duplication in the Servicing Division.
Things are not improving - rumors are flying - and we might see job cuts in Atlanta.
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.
What is the likelihood of Ocwen Financial layoffs in Atlanta in 2016? Please let me know if you have any information.
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.
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
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
anyone? how many months? what about benefits? cobra?
How likely is that there will be Ocwen Financial Layoffs 2020? Any news or rumors?
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. — read more
It's all OK when it comes to executive bonuses, but at the same time there are many gossips and rumors about layoffs in Atlanta.
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.
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. — read more
I’ve heard the company’s new name will be PHH. I thought Ocwen was to be the surviving entity
Some layoffs are ongoing
250 will be let go next year in Waterloo... It's a bloodshed...
Question for FW - Who was affected? What was the severance?
As you may be aware, the reverse mortgage program has undergone a number of changes over the last year with additional changes planned in Q1, 2014. While these changes will help better position our industry for long-term growth, industry volume has... — read more
will be worse
Was Liberty the only Ocwen unit affected today?
We all saw the issues, nobody should be surprised
Anybody here from Atlanta? What's the news?
What a sleazy email
Hundreds of people will be without a job next year as a major Waterloo employer has announced layoffs. Ocwen Financial -- the company that purchased GMAC Res-Cap's holdings last year -- will lay off 238 people next year. "After a long and thorough... — read more
Hi, anybody has details about severance? I am with OCWEN for about 4 years now, I might get axed... Just a gut feeling...