PHH

Ocwen Financial Announces Intention to Rebrand as Onity™ Group

Retrieved on: 
Wednesday, April 3, 2024
Culture, Name, PALM, Annual general meeting, PHH, Investment, OCN, Marketing

WEST PALM BEACH, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced plans to change its name to Onity Group Inc. The Company will submit a proposal to effect the name change at its Annual Meeting of Shareholders scheduled for May 28, 2024.

Key Points: 
  • WEST PALM BEACH, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced plans to change its name to Onity Group Inc.
  • The Company will submit a proposal to effect the name change at its Annual Meeting of Shareholders scheduled for May 28, 2024.
  • Subject to shareholder approval, the Company expects to formally change its name to Onity Group Inc. and begin trading on the NYSE under the stock symbol “ONIT” in June 2024.
  • The Company believes its new name reflects the capabilities of a hard-working team with a can-do attitude and problem-solving culture.

PHH Mortgage Recognized by Fannie Mae as a 2023 Star Performer

Retrieved on: 
Monday, March 11, 2024
PALM, Fannie Mae, Ocwen, OCN, STAR, Transition, PHH, Housing, Airline

WEST PALM BEACH, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae’s 2023 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition.

Key Points: 
  • WEST PALM BEACH, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae’s 2023 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition.
  • PHH has earned STAR Performer recognition for three consecutive years.
  • STAR Performer recognition is reserved for top performing servicers within one or more of three STAR Performer categories: General Servicing, Solution Delivery, and Timeline Management.
  • “We’re honored to be recognized by Fannie Mae’s STAR program for excellence in mortgage servicing,” said Scott Anderson, Executive Vice President and Chief Servicing Officer of PHH Mortgage.

Zakay Law Group APLC and JCL Law Firm APC File Class Action Against Liberty Reverse Mortgage/Ocwen, Alleging Failure to Provide Meal and Rest Breaks

Retrieved on: 
Tuesday, February 27, 2024
Complaint, Ocwen, PHH, Rest, APC, Sacramento County Superior Court, APLC, JCL

SACRAMENTO, Calif., Feb. 27, 2024 /PRNewswire-PRWeb/ -- The Sacramento labor law attorneys at Zakay Law Group, APLC and JCL Law Firm, APC, filed a class action complaint against PHH Mortgage Corporation d/b/a Liberty Reverse Mortgage, Ocwen Financial Insurance Services, Inc., Ocwen USVI Services, LLC, and Liberty Home Equity Solutions (hereinafter, collectively, "Liberty Reverse Mortgage/Ocwen") for allegedly failing to provide employees with timely, off-duty meal and rest periods. The Liberty Reverse Mortgage/Ocwen class action lawsuit, Case No. 24CV001137, is currently pending in the Sacramento County Superior Court of the State of California. A copy of the complaint can be read here.

Key Points: 
  • SACRAMENTO, Calif., Feb. 27, 2024 /PRNewswire-PRWeb/ -- The Sacramento labor law attorneys at Zakay Law Group, APLC and JCL Law Firm, APC , filed a class action complaint against PHH Mortgage Corporation d/b/a Liberty Reverse Mortgage, Ocwen Financial Insurance Services, Inc., Ocwen USVI Services, LLC, and Liberty Home Equity Solutions (hereinafter, collectively, "Liberty Reverse Mortgage/Ocwen") for allegedly failing to provide employees with timely, off-duty meal and rest periods.
  • The Liberty Reverse Mortgage/Ocwen class action lawsuit, Case No.
  • If you would like to know more about the Liberty Reverse Mortgage/Ocwen lawsuit, please contact Attorney Jackland Hom today by calling (619) 255-9047.
  • As a result of their allegedly rigorous work schedules and inadequate staffing , Liberty Reverse Mortgage/Ocwen's employees were from time to time allegedly denied their proper rest periods by Liberty Reverse Mortgage/Ocwen.

Cenlar Promotes Several Senior Leaders and Appoints a Vice President

Retrieved on: 
Tuesday, January 30, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Consulting, Banking, Transfer, Business administration, AMP, Business, Small business, PHH, Problem solving, Senior, Risk management, JPMorgan Chase, Forecasting, Voya Financial, U.S. Bancorp, Consumer, Certified Public Accountant, Bowling Green State University, FSB, BIO, Tax, CPA, Gap Inc., P&L, Verizon Communications, Master of Business Administration, KPMG, Wesley College, Strayer University, Project management, Workforce management, Gap, Heidi, Workforce, Controller, Accounting, Management

Our Promoted Senior Leaders Include:

Key Points: 
  • Our Promoted Senior Leaders Include:
    Owen Amster, to Vice President and Controller.
  • Prior to joining Cenlar, Owen held multiple roles at KPMG, most recently as Senior Manager in the New York Financial Services practice.
  • Nick joined Cenlar in November 2020 as Vice President of Executive Client Management.
  • Prior to coming to Cenlar, Nick held executive level leadership roles at U.S. Bank, most recently as Senior Vice President of Consumer, Small Business and Commercial Default.

PHH Mortgage Announces New Subservicing Agreement With Zillow Home Loans

Retrieved on: 
Monday, November 13, 2023
PALM, OCN, Ocwen, NYSE, STAR, PHH, SHARP, Real estate

WEST PALM BEACH, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced that it has entered into a mortgage subservicing agreement with Zillow Home Loans, LLC (“Zillow Home Loans”).

Key Points: 
  • WEST PALM BEACH, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced that it has entered into a mortgage subservicing agreement with Zillow Home Loans, LLC (“Zillow Home Loans”).
  • Earlier this year, Zillow Home Loans selected PHH Mortgage to provide subservicing for its residential mortgage portfolio.
  • Following a collaborative onboarding and integration cycle, Zillow Home Loans and PHH completed an initial transfer of loans in August.
  • PHH has worked with Zillow Home Loans to purchase loans on a correspondent and co-issue basis since 2019 and 2021, respectively.

Cenlar Appoints Two New Directors and Promotes Three Leaders

Retrieved on: 
Monday, November 20, 2023
Finance, Consulting, Banking, Professional Services, Other Professional Services, York College of Pennsylvania, School, FHLMC, Law, Gonzaga University, Bachelor of Arts, USDA, JPMorgan Chase, Ditech, Business school, Montclair State University, ADP, Quality control, Documentation, FSB, Business administration, FNMA, Arizona State University, HUD, Pennsylvania State University, PHH, MBA, York College, Default, ADP, Inc., Rutgers University, Control, Business intelligence, Master of Business Administration, Management, Risk

You all have exceptional expertise and I look forward to your continued success at Cenlar,” said Chief Administrative Officer Glen Vilim.

Key Points: 
  • You all have exceptional expertise and I look forward to your continued success at Cenlar,” said Chief Administrative Officer Glen Vilim.
  • Craig is an experienced finance executive with expertise in building partnerships and leading effective teams to deliver business goals across diverse industries.
  • Before joining Cenlar, Craig was at Automatic Data Processing, Inc. (ADP) where he held multiple leadership roles.
  • Prior to coming to Cenlar, Claire was Director of Licensing and Exam Management at PHH Mortgage Corp.
    Kimberly DiLeo, to Director of Issues Management.

Hyatt and Parks Hospitality Holdings Collaborate on Thoughtful Growth in Mexico with New Hotels Slated to Open in 2024 and Beyond

Retrieved on: 
Monday, November 6, 2023
Architecture, Restaurant, Bar, Luxury, Vacation, Other Travel, Other Construction & Property, Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Travel, Retail, Cancún International Airport, PHH, NYSE, Food, World Golf Hall of Fame, Golf, Multimedia, Growth, Los Cabos International Airport, Lead, Culture, Empathy, Vegetable, Hotel, Tourism, Cabo San Lucas

The new properties are expected to open starting 2024 and will include two Grand Hyatt hotels, a new select-service offering near the Cancun International Airport, and the debut of the Park Hyatt brand in Cancun.

Key Points: 
  • The new properties are expected to open starting 2024 and will include two Grand Hyatt hotels, a new select-service offering near the Cancun International Airport, and the debut of the Park Hyatt brand in Cancun.
  • Grand Hyatt Mexico Santa Fe: Slated to open in 2025, this 287-room hotel will be the first urban Grand Hyatt property in Mexico and the second Grand Hyatt hotel in the region.
  • "We are honored to expand our relationship with Hyatt and introduce these exceptional hotels to Mexico.
  • The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

Drug Farm Doses First Patient in Part 3 of Phase 1 Chronic Hepatitis B Trial

Retrieved on: 
Tuesday, September 26, 2023
Biotechnology, Infectious Diseases, Health, Pharmaceutical, Clinical Trials, Heart, PHH, ALPK1, Genetics, Hepatitis B, Animal, Patient, Kidney, Hypohidrosis, Principal, Headache, HBV, Splenomegaly, Safety, Vaccine

Drug Farm, a clinical-stage biopharmaceutical company, announced today that it has dosed the first chronic hepatitis B patient in Part 3 of its Phase 1 clinical trial (ANZCTR Trial ID: ACTRN12621000592842 ).

Key Points: 
  • Drug Farm, a clinical-stage biopharmaceutical company, announced today that it has dosed the first chronic hepatitis B patient in Part 3 of its Phase 1 clinical trial (ANZCTR Trial ID: ACTRN12621000592842 ).
  • This trial is evaluating Drug Farm’s first-in-class ALPK1 agonist, DF-006, as a monotherapy and in combination with standard-of-care nucleos(t)side reverse transcriptase inhibitors in treatment-naïve and virologically suppressed patients with chronic hepatitis B infection.
  • Drug Farm is a private biotechnology company developing innovative treatments targeting innate immunity for hepatitis B, heart and kidney diseases, and ROSAH (retinal dystrophy, optic nerve edema, splenomegaly, anhidrosis and headache) syndrome.
  • Using the IDInVivo platform, Drug Farm has identified novel innate immunity pathways and targets and is now rapidly advancing multiple first-in-class drug candidates into clinical development.

Liberty Reverse Mortgage Wins National Association Of Mortgage Brokers 2023 Affiliate Of The Year Award

Retrieved on: 
Monday, September 25, 2023
PALM, PHH, OCN, Partnership, Mortgage broker, Liberty, Retirement, Ocwen, Knowledge, National Association, NYSE, Real estate

WEST PALM BEACH, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Liberty Reverse Mortgage (“Liberty” or the “Company”), one of the nation’s largest and most experienced reverse mortgage lenders and the only large-scale, end-to-end reverse mortgage provider, today announced that the National Association of Mortgage Brokers (“NAMB”) named Liberty as a 2023 Affiliate Company of the Year.

Key Points: 
  • WEST PALM BEACH, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Liberty Reverse Mortgage (“Liberty” or the “Company”), one of the nation’s largest and most experienced reverse mortgage lenders and the only large-scale, end-to-end reverse mortgage provider, today announced that the National Association of Mortgage Brokers (“NAMB”) named Liberty as a 2023 Affiliate Company of the Year.
  • Liberty is part of PHH Mortgage Corporation , a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator.
  • Liberty was recognized for excellence as NAMB’s reverse mortgage education provider delivering the Certified Reverse Mortgage Specialist (“CREV”) certification program and supporting the reverse mortgage needs of NAMB members.
  • Earlier this year, Liberty and NAMB formed a partnership to build mortgage professionals’ proficiency in reverse mortgages through the newly launched CREV program.

National Television Show Military Makeover with Montel, Along with Non-Profit Partner Purple Heart Homes, Head to Arlington, Texas to Makeover the Home of U.S. Army Veteran Carlos Colón-Ruiz

Retrieved on: 
Thursday, September 14, 2023
INF, United States Navy, Montel, PHH, Desegregation in the United States Marine Corps, Army, Life, Defense, Purple Heart, Friends, American Forces Network, Eye, Finger, Hope, Woman, Veteran, Multimedia, Attitude, Government, Dream, Major, Marines, Navy, United States Department of the Army, Canadian Army Veteran Motorcycle Units, Entrepreneurship, Injury, Family, Department of Defence, Ironman, Interior design, Tourism, Humvee

ARLINGTON, Texas, Sept. 14, 2023 /PRNewswire/ -- Military Makeover with Montel and Non-Profit Partner, Purple Heart Homes are honored to present U.S. Army Veteran and Purple Heart recipient, Carlos Colón-Ruiz as the next recipient to receive a Military Makeover.

Key Points: 
  • This transformative initiative will commence on September 15th and culminate in the highly anticipated Big Reveal on September 25th.
  • "Military Makeover, in collaboration with Purple Heart Homes, looks forward to extending our support to a fellow veteran and his family," says host, Montel Williams.
  • He joined the U.S. Army after high school and was sent to the 101st ABN in Fort Campbell, Kentucky.
  • Purple Heart Homes (PHH) was founded in 2008 by Veterans and friends John Gallina and the late Dale Beatty.