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Ocwen Financial Corp (OCN)

Ocwen Financial Corp (OCN)
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Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator, servicing customers through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. The Company's core competencies revolve around mortgage servicing, which is primarily comprised of residential forward mortgages and includes clients that are some of the largest financial institutions in the U.S., and a multi-channel mortgage originations platform that replenishes and grows its servicing portfolio.
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 1,066,700 953,900 1,050,100 960,910 1,123,380
Sales Growth +11.83% -9.16% +9.28% -14.46% +5.68%
Net Income -63,700 25,700 18,080 -40,180 -142,130
Net Income Growth -347.86% +42.15% +145.00% +71.73% -100.83%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 12,513,700 12,399,200 12,147,120 10,651,130 10,406,200
Total Assets Growth +0.92% +2.08% +14.05% +2.35% +10.77%
Total Liabilities 12,111,900 11,942,500 11,670,430 10,235,750 9,994,190
Total Liabilities Growth +1.42% +2.33% +14.02% +2.42% +13.06%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow 10,400 173,200 -472,160 260,970 151,940
Operating Cash Flow Growth -94.00% +136.68% -280.93% +71.76% -44.26%
Net Cash Flow -19,100 10,700 -93,820 -135,080 95,330
Change in Net Cash Flow -278.50% +111.40% +30.54% -241.70% +0.93%
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