Ocwen Financial Corp.

 
 

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Growth: 142.6%
2012 revenue: $844,870,000
2013 revenue: $2,049,359,000
NYSE: OCN

www.ocwen.com

Ocwen Financial Corporation, through its subsidiaries, is engaged in the servicing and origination of mortgage loans. The company’s Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset management services. The Lending segment is involved in originating and purchasing mortgage loans primarily through its correspondent lending arrangements.

NOTABLE
As banks look to increasingly exit from loan servicing, Ocwen has come under direct fire from regulators. The Securities and Exchange Commission recently began investigating the company’s various complicated business relationships (in particular, Home Loan Servicing Solutions (HLSS, rank: 6) and Altisource Portfolio Solutions (ASPS, rank: 38).