Ocwen Awarded Top Servicing Performance Rating from Fannie Mae for 2017
April 24 2018 - 6:30AM
Ocwen Financial Corporation (NYSE:OCN) (“Ocwen” “Company”), a
leading financial services holding company, announced today that
the Company was named a Fannie Mae Servicer Total Achievement and
Rewards™ (STAR™) Performer for 2017. The STAR Program recognition
is reserved for top performing servicers within one or more of
three STAR Performer categories: General Servicing, Solution
Delivery, and Timeline Management. For the 2017 STAR Program year,
Ocwen received a STAR Performer for General Servicing, Solution
Delivery, and Timeline Management.
“We are extremely proud to receive the STAR™ award from Fannie
Mae across all three categories,” said Scott Anderson, Executive
Vice President and Chief Servicing Officer of Ocwen. “This
recognition is another proof point of our team members’ high
standards, accountability, and commitment to service excellence as
well as the Company’s focus on continuous improvement in our
systems and processes.”
2017 Fannie Mae STAR Program Recognition The
STAR™ Program is based on a continuous improvement model designed
to consistently "raise the bar." The STAR Performer recognition is
reserved for top performing servicers within one or more of three
STAR Performer categories: General Servicing, Solution Delivery,
and Timeline Management. STAR Performers are identified using
Operational Assessment results based on Servicer Capability Model
ratings across each key functional area, including a review of
relevant people strategies, processes, and applicable metrics.
About Ocwen Financial CorporationOcwen
Financial Corporation is a financial services holding company
which, through its subsidiaries, originates and services loans. We
are headquartered in West Palm Beach, Florida, with offices
throughout the United States and in the U.S. Virgin Islands as well
as operations in India and the Philippines. We have been serving
our customers since 1988. We may post information that is important
to investors on our website (www.Ocwen.com).
For Further Information Contact John LovalloT:
(917) 612-8419E: jlovallo@levick.com
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