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Ocwen Financial

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Ocwen Financial

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Ocwen Financial Reviews

Updated May 24, 2022

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Found 1,324 of over 1,348 reviews

3.7
71%
Recommend to a Friend
86%
Approve of CEO
Ocwen Financial President and Chief Executive Officer Glen Messina (no image)
Glen Messina
270 Ratings

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Top Review Highlights by Sentiment

Pros
  • "Good Pay and incentive paid based on performance(in 57 reviews)
  • "Good salary and bonus months(in 51 reviews)
  • "Work life balance was good(in 41 reviews)
  • "Good Incentives.. thats it.. i dont think there s any thing else left.(in 36 reviews)
  • "Some good people to work with.(in 33 reviews)
Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of Ocwen Financial and is not affected by filters.

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  1. 5.0
    Current Employee, less than 1 year

    So far , So Good

    Nov 21, 2021 - Loss Draft Specialist 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Fully Remote, 55k base salary, easy work, no micromanaging. Perfect job, at the perfect time!

    Cons

    Non so far, I’ve only been here about a month though.

    Be the first to find this review helpful
  2. 3.0
    Former Employee, more than 3 years

    Decent

    May 6, 2022 - Litigation Specialist in Dallas, TX
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great salary and opportunity to bonus monthly.

    Cons

    Lack of growth, development and mentorship. Constant layoffs.

    Continue reading
    Be the first to find this review helpful
  3. 3.0
    Former Employee

    Fine

    Mar 24, 2022 - Business Intelligence Lead 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Work life balance was good

    Cons

    Timesheet needed to be filled everyday

    Be the first to find this review helpful
  4. 3.0
    Former Employee

    Erm

    Feb 3, 2022 - ERM Analyst 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good money - you learn a lot

    Cons

    They suck the life out of you

    1 person found this review helpful
  5. 3.0
    Current Employee

    Layoffs

    Jan 27, 2022 - Technical Writer in Dallas, TX
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Autonomous working environment, decent salary.

    Cons

    Typical mortgage company churn with layoffs every so often.

    Continue reading
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  6. 2.0
    Current Employee

    Depressing

    Jan 9, 2022 - Vice President in Mount Laurel, NJ
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Used to be good earlier when PHH was separate entity Nothing else to mention here

    Cons

    Everything went bad since Ocwen acquired PHH, from being forced to fire almost all employees who have worked here 15-20 years to send jobs to offshore, Its all a nightmare.

    Continue reading
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  7. 1.0
    Former Employee, more than 5 years

    Lay offs

    Jan 21, 2022 - Litigation Paralegal 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Enjoyed working with some of my immediate coworkers

    Cons

    Constant lay offs, poor work life balance

    Be the first to find this review helpful
  8. 1.0
    Former Employee

    Okay

    Dec 3, 2021 - Analyst 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Industry presence is a major thing.

    Cons

    Company culture isn't fit for everyone.

    1 person found this review helpful
  9. 3.0
    Former Employee

    Okay Job

    Oct 23, 2021 - Document Image Specialist 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great pay, stay to yourself

    Cons

    Not a secure job, anything can happen

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  10. 5.0
    Current Employee, more than 10 years

    Great company

    Sep 27, 2021 - Senior Manager in West Palm Beach, FL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Career growth and employee focus

    Cons

    Nothing is a con of you can handle constant change

    Be the first to find this review helpful
Viewing 1 - 10 of 1,324 Reviews

Ocwen Financial Reviews FAQs

Ocwen Financial has an overall rating of 3.7 out of 5, based on over 1,348 reviews left anonymously by employees. 71% of employees would recommend working at Ocwen Financial to a friend and 57% have a positive outlook for the business. This rating has improved by 1% over the last 12 months.

According to anonymously submitted Glassdoor reviews, Ocwen Financial employees rate their compensation and benefits as 3.4 out of 5. Find out more about salaries and benefits at Ocwen Financial. This rating has decreased by -6% over the last 12 months.

71% of Ocwen Financial employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Ocwen Financial 3.5 out of 5 for work life balance, 3.6 for culture and values and 3.3 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at Ocwen Financial to be benefits, coworkers, compensation and the cons to be senior leadership, career development, management.

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At Ocwen, our mission is to delight our customers through caring service and innovative home-ownership solutions. We are a leader in the...More

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Company Updates

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Ocwen Financial

700 days ago

Glen Messina, President and CEO of Ocwen, joined Dr. DeForest B. Soaries, founder of dfree® Global Foundation, to discuss navigating home ownership during COVID-19. dfree® promotes financial freedom through values-based principles and practical approaches to financial management. During the webinar, Mr. Messina talked about Ocwen’s mission: “We are dedicated to creating positive outcomes for homeowners and communities, and we have established our infrastructure around the consumer. Our job is to help customers stay in their homes and enjoy their homes, and to help them out when they have a challenge.” To watch the webinar, go to https://register.gotowebinar.com/recording/3995251828886586637
Shared image - https://register.gotowebinar.com/recording/3995251828886586637
https://register.gotowebinar.com/recording/3995251828886586637
glassdoor.com
Logo

Ocwen Financial

700 days ago

Glen Messina, President and CEO of Ocwen, joined Dr. DeForest B. Soaries, founder of dfree® Global Foundation, to discuss navigating home ownership during COVID-19. dfree® promotes financial freedom through values-based principles and practical approaches to financial management. During the webinar, Mr. Messina talked about Ocwen’s mission: “We are dedicated to creating positive outcomes for homeowners and communities, and we have established our infrastructure around the consumer. Our job is to help customers stay in their homes and enjoy their homes, and to help them out when they have a challenge.” To watch the webinar, go to https://register.gotowebinar.com/recording/3995251828886586637
Shared image - https://register.gotowebinar.com/recording/3995251828886586637
https://register.gotowebinar.com/recording/3995251828886586637
glassdoor.com

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Ocwen Financial photo of: Ocwen Financial Corporation
Ocwen Financial photo of: Another great bake sale for breast cancer awareness.  This year with a little Halloween flavor.
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Ocwen Financial photo of: Our mission as employees is clear
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