![MBA Newslink Logo](https://newslink.mba.org/wp-content/themes/mba-newslinks/assets/img/logos/mba-newslinks-child-page-logo.png)
Ocwen’s Strategy Shift Notches Modest Win in Q2 Earnings
National Mortgage News, Aug. 4, 2022–Bonnie Sinnock (subscription)
Ocwen Financial eked out a second quarter profit due to cost cuts, appreciation in owned mortgage servicing rights, and a shift to higher-margin correspondent products, all of which offset challenging market conditions that were particularly hard on reverse mortgage lending.
https://www.nationalmortgagenews.com/news/ocwens-strategy-shift-notches-modest-win-in-q2-earnings