Ocwen Financial

www.ocwen.com

Ocwen Financial Reviews

Updated October 17, 2014
Updated October 17, 2014
205 Reviews
2.3
205 Reviews
Rating Trends

Recommend to a friend
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Ocwen Financial President, CEO, and Director, Ocwen Financial and Ocwen Federal Bank Ronald M. Faris
Ronald M. Faris
83 Ratings

Review Highlights

Pros
  • good salary and good responsibility (in 8 reviews)

  • good pay , nice facilities very, good friends (in 6 reviews)


Cons
  • Management, strict, stringent, no work life balance (in 7 reviews)

  • Senior management never speaks up for their teams (in 9 reviews)

More Highlights

10 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great Experience, Great pay as long as you keep quota.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Home Retention Consultant in Atlanta, GA
    Current Employee - Home Retention Consultant in Atlanta, GA

    I have been working at Ocwen Financial full-time

    Pros

    Great Pay, long breaks and long lunches. People are friendly.

    Cons

    No problems. I dont have any issues with this company.

    Advice to ManagementAdvice

    This was a good position. Steady hours, good benefits, my co-workers were a nice group of people

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great Learning Experience and really satisfied with the pay.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Relationship Manager in Houston, TX
    Current Employee - Relationship Manager in Houston, TX

    I have been working at Ocwen Financial full-time (more than an year)

    Pros

    I enjoy working with the people there and there is always something new to learn everyday. It is a fast paced work environment which helps time to go by fast. The employees there are always willing to help each other out.

    Cons

    I really do not have any cons for this company. I enjoy my job.

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    A great place to work before it was sold

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX

    I worked at Ocwen Financial

    Pros

    Supportive management who provided strong leadership
    A lot of work streamlining and documenting processes
    Great systems and the analytics group really used data

    Cons

    The industry became very difficult with Obama's mortgage programs
    Too much time spent on audits and process reviews, but management still expected the normal work to be done too

    Advice to ManagementAdvice

    Needed to hire more staff to handle the workload and audits
    Should have kept the old processes instead of the government ones - not sure this was possible?

    Recommends
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Customer Care rep in this org

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Care Representative in Bangalore (India)
    Former Employee - Customer Care Representative in Bangalore (India)

    I worked at Ocwen Financial full-time (more than an year)

    Pros

    Salary is good and the management too

    Cons

    Shift is wierd, but salary is good

    Advice to ManagementAdvice

    maintain well in tha same pace / grow

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Good environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Bangalore (India)
    Former Employee - Anonymous Employee in Bangalore (India)

    I worked at Ocwen Financial full-time (more than an year)

    Pros

    less pressure; Definitely good salary; Friendly behavior; A calm place to work and understanding authorities to work with

    Cons

    Should follow Formal dress code strictly

    Advice to ManagementAdvice

    Cafeteria requires improvement

    Recommends
    Positive Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Ocwen employment review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Care Coordinator in Mumbai (India)
    Current Employee - Customer Care Coordinator in Mumbai (India)

    I have been working at Ocwen Financial full-time (less than an year)

    Pros

    A very good company that has given employment opportunities to many undergraduates. U work for a one of biggest Loan Servicing Co of USA.

    Cons

    Nothing as such everything is good act the company nothing negative

    Advice to ManagementAdvice

    Nothing as such... Everything is good. Keep it going.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Excellent job Opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Leader in Bangalore (India)
    Former Employee - Team Leader in Bangalore (India)

    I worked at Ocwen Financial full-time (less than an year)

    Pros

    The role was very challenging and kept me on my toes all the time.Lot of support and opportunities given to learn and work on things.Good performance commission paid every month.

    Cons

    Work hours changing every month .Attrition is high.

    Advice to ManagementAdvice

    Growth opportunities should be more.The promotion opportunities should be increased and help the executives to develop to take the next role.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Ocwen has been amazing in terms of Financial Freedom

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Care Coordinator in Bangalore (India)
    Current Employee - Customer Care Coordinator in Bangalore (India)

    I have been working at Ocwen Financial full-time (less than an year)

    Pros

    Money, Money, Money!!!!!!!!!!!!!! What other reason would someone need??????

    Cons

    Verymuch fluctuating Schedules.,. Certain Policies and procedures does not make sense.,.

    Advice to ManagementAdvice

    **********************************************************

    Recommends
    Neutral Outlook
  10.  

    A fantastic place to work in, and the opportunities for growth are mindboggling

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Bangalore (India)
    Current Employee - Anonymous Employee in Bangalore (India)

    I have been working at Ocwen Financial

    Pros

    A performance driven environment, if you perform you will be rewarded. (A reason why a large segment of employees have 5+ years of tenure in the company)
    Amazing culture and throughly professional

    Cons

    Facilities are bursting at the seams with the expansion. A new facility is required.

    Advice to ManagementAdvice

    While the world was in recession, Ocwen was constantly growing its business. Says a lot about the leadership. Keep up the good work

    Recommends
    Approves of CEO
  11.  

    Wonderful place to learn and work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Ocwen Financial

    Pros

    Senior management was very supportive and was the best in the industry.

    Cons

    Fed regulations were a bottleneck to the progress and growth. Company did all it can to keep the borrowers in their home.

    Advice to ManagementAdvice

    hire more to implement technology solutions at a more faster pace

    Recommends
    Approves of CEO

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