UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

Current Report

Pursuant to Section 13 or 15 (d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 13, 2014

 

OCWEN FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

 

Florida   1-13219   65-0039856
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (IRS Employer Identification No.)
 

1000 Abernathy Road NE, Suite 210 

Atlanta, Georgia 30328

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (561) 682-8000

 

Not applicable.

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
Item 8.01

Other Events.

On November 13, 2014, Ocwen Financial Corporation's subsidiary, Ocwen Loan Servicing, LLC ("Ocwen"), signed a mutual termination agreement with Wells Fargo Bank, N.A. related to an agreement to purchase residential mortgage servicing rights and related advances that was announced in January 2014 and then put on hold in February 2014. Ocwen will receive back its entire $25 million deposit.

 
 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

 

OCWEN FINANCIAL CORPORATION

(Registrant)

     
Date: November 13, 2014 By: /s/ Michael R. Bourque
    Michael R. Bourque, Jr.
    Executive Vice President & Chief Financial Officer
   

(On behalf of the Registrant and as its principal financial officer)