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Article: Ocwen Seeks Bank Charter.
- Article from:
- National Mortgage News
- Article date:
- December 8, 2008
CopyrightCOPYRIGHT 2008 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Kate Berry, American Banker
NEW YORK-Nearly four years after turning in its thrift charter, Ocwen Financial Corp. has reconsidered the merits of federal regulation and has applied to convert to a bank holding company and buy a tiny Texas bank.
With little fanfare, the $2.3-billion-asset Ocwen submitted the application in mid-November to the Federal Reserve Board. Along with bank holding company status, it seeks to buy the $15.1-million-asset Kent County State Bank in Jayton, Texas.
Approval for either request could give Ocwen, of West Palm Beach, Fla., access to funds being made available by the Treasury Department. A variety of ...
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Article: Ocwen Builds a Call Center with Plenty of Room to ...
Mortgage Servicing News;
October 1, 2000 ;
700+ words
...A little over a year ago, Ocwen opened its new call center in Orlando ... for growth, in more ways than one. Ocwen currently has grown to about 400 employees ... the technology is scale-able to allow Ocwen room to grow its servicing portfolio ...
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