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This profile was last updated on 1/29/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Ronald M. Faris

Wrong Ronald M. Faris?

Chief Executive Officer

Ocwen Financial Corporation
1661 Worthington Rd. Suite 100
West Palm Beach , Florida 33409
United States

Company Description: Ocwen Financial Corporation (OCN) is an asset manager and business process solutions provider specializing in loan servicing, special servicing and mortgage...   more
Background

Employment History

Board Memberships and Affiliations

Education

  • Bachelor of Science , Accounting
    The Pennsylvania State University
173 Total References
Web References
"We are delighted that Phyllis Caldwell ...
atlanta.citybizlist.com, 29 Jan 2015 [cached]
"We are delighted that Phyllis Caldwell and Dr. DeForest Soaries have joined the Ocwen Board of Directors," said Ronald Faris, President and Chief Executive Officer of Ocwen.
On October 24, Ron Faris, ...
inthesetimes.com, 25 Nov 2014 [cached]
On October 24, Ron Faris, CEO of Ocwen Financial, made an unusual move for the head of a $2 billion-a-year corporation: He apologized. Specifically, he sent out a mea culpa-filled open letter addressing the 2.7 million homeowners whose mortgages are serviced by Ocwen, apologizing for a glitch that backdated time-sensitive letters. "Letters were dated when the decision was made to create the letter versus when the letter was actually created," Faris confessed. The missive came on the heels of well-publicized allegations by New York's Dept of Financial Services (DFS) accusing the company of doing just that, and suggesting that the delayed loan modification letters may have resulted in foreclosures. At first, Faris claimed that only 283 New York homeowners had been impacted. However, he quickly retreated from that number after DFS said the number could be higher, way higher-perhaps in the "hundreds of thousands"-and not confined to New York.
Ronald M. ...
www.crmz.com, 15 June 2008 [cached]
Ronald M. Faris
President, Director
Ocwen Financial Corporation
In The News
news.ocwen.com, 14 Aug 2014 [cached]
Empowering and Strengthening Ohio's People (ESOP), a HUD-approved foreclosure prevention agency, presented Ocwen CEO Ronald M. Faris with the "Rooted in ESOP" award for Ocwen's efforts in helping homeowners obtain affordable mortgage modifications and for the company's Shared Appreciation Modification Program (SAM).
...
Representatives from Ocwen, including President and CEO Ron Faris, met with customers face-to-face to discuss mortgage modifications and other housing crisis solutions at a HOPE Now event in West Palm Beach..
...
Ocwen President Ron Faris testified to Congress that more principal reductions are needed when troubled home loans are modified.
...
"Ocwen Financial President Ron Faris: Trying to make mortgages work"
...
Profile of Ron Faris, president of Ocwen Financial Corp.
The Palm Beach Post
"Mods Make Sense"
On October 24, Ron Faris, ...
www.fbbib.com, 21 Nov 2014 [cached]
On October 24, Ron Faris, CEO of Ocwen Financial, made an unusual move for the head of a $2 billion-a-year corporation: He apologized. Specifically, he sent out a mea culpa-filled open letter addressing the 2.7 million house owners whose mortgages are serviced by Ocwen, saying sorry for a problem that backdated time-sensitive letters. Letters were dated when the decision was made to produce the letter versus when the letter was actually produced, Faris confessed. The missive began the heels of well-publicized allegations by New Yorks Dept of Financial Solutions (DFS) implicating the company of doing just that, and suggesting that the delayed loan adjustment letters could have resulted in foreclosures. At initiallyInitially, Faris claimed that only 283 New York property owners had been impacted. Nevertheless, he swiftly pulled back from that number after DFS stated the number could be higher, method higherperhaps in the hundreds of thousandsand not confined to New York.
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