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Ocwen Financial

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Ocwen Financial

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Ocwen Financial Reviews

Updated May 13, 2021

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3.6
72%
Recommend to a Friend
81%
Approve of CEO
Ocwen Financial President and Chief Executive Officer Glen Messina (no image)
Glen Messina
183 Ratings
Pros
  • "The awesome work environment for the employees(in 78 reviews)

  • "Good pay and decent working conditions(in 56 reviews)

  • Cons
  • "Too much work pressure, affects work/life balance(in 34 reviews)

  • "Low salary, bad management no job security(in 30 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Former Employee

      Job

      Oct 6, 2020 - Anonymous Employee in Waterloo, IA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good job, good pay, good people

      Cons

      Nothing I can recall besides training material

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    2. 3.0
      Former Employee, more than 3 years

      Stability

      Apr 29, 2021 - Senior Manager in Dallas, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      They are constantly trying to improve

      Cons

      Layoffs,and tied to contracts with vendors limiting competition that could make company stronger

      Continue reading
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    3. 4.0
      Former Employee, less than 1 year

      Interesting company

      Mar 29, 2021 - Loan Processor in Orlando, FL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Offered a great starting salary

      Cons

      Closed division hired for after only a few months

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    4. 4.0
      Former Employee, more than 5 years

      A stepping stone

      Mar 27, 2021 - Ombudsman in Waterloo, IA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The hours were bankers hours

      Cons

      The work was very boring

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    5. 5.0
      Current Employee, more than 3 years

      Great Place

      Feb 25, 2021 - Assistant Manager in Mount Laurel, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great job working to get everyone moved to remote working status! Management cares about everyone on the team

      Cons

      I don’t have any cons to share.

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    6. 4.0
      Former Employee, more than 10 years

      Short Sales, Deed in Lieu Underwriter.

      Feb 19, 2021 - Loss Mitigation Specialist III in Dallas, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Generous PTO, birthday celebrations, tenure celebrations.

      Cons

      No raises, turn around employees.

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    7. 2.0
      Former Employee, more than 5 years

      Okay Employer

      Mar 18, 2021 - Team Leader in Cedar Rapids, IA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Decent Salary for US employees

      Cons

      Too much offshore work - always looking for cheaper work.

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    8. 3.0
      Current Employee, more than 10 years

      Good place to work

      Mar 12, 2021 - Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Work from home Growing company Good opportunities

      Cons

      Benefits are not great A little disorganized in some departments

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    9. 3.0
      Current Employee

      Decent

      Feb 26, 2021 - Compliance 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great CEO, Says they're committed to improving diversity and compensation. Improvement with work life balance.

      Cons

      Underpaid; lack of upward mobility

      Continue reading
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    10. 4.0
      Current Employee, more than 3 years

      Great company

      Jan 6, 2021 - Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Huge learning curve as you get to work closely with leadership and executives

      Cons

      - Job security, there are usually job cuts every year

      Continue reading
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    Viewing 1 - 10 of 1,148 Reviews

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