171 Employee Reviews (View Most Recent)

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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

Other Reviews for Ocwen Financial

  1.  

    Satisfied

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Analyst  in  Houston, TX
    Current Employee - Business Analyst in Houston, TX

    I have been working at Ocwen Financial

    Pros

    Litton is a good place for work experiance.

    Cons

    They do not have very competitive salaries.

    Advice to ManagementAdvice

    N/A

    Approves of CEO
  2. 1 person found this helpful  

    Most of the time awful, but sometimes it wasn't that bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  West Palm Beach, FL
    Current Employee - Anonymous Employee in West Palm Beach, FL

    I have been working at Ocwen Financial

    Pros

    Co-workers (under director level mostly) were awesome
    Time off is relatively good although it includes sick time
    Income was fair but then I wouldnt know any differently

    Cons

    Working 12 hour days
    Being under-appreciated
    No understanding of family or personal life
    Ridiculously strict with HR policies

    Advice to ManagementAdvice

    Care about your staff a little. They are the ones in the trenches getting screamed at by borrowers and their managers.

    Doesn't Recommend
    No opinion of CEO
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