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Ocwen Financial to cut 240 jobs in North Texas in 2014Ocwen Financial to cut 240 jobs in North Texas in 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=54982013-12-12T07:21:00Z2013-12-12T00:00:00Z

COPPELL, ADDISON, LEWISVILLE - Ocwen Financial Corp. will cut 240 jobs at three North Texas locations in 2014. The Atlanta–based company, which specializes in high-risk loans, will reduce its workforce at Coppell, Addison and Lewisville starting in the first seven months of 2014, according to a WARN letter.

The company helps homeowners keep their homes and avoid foreclosure. In 2011, the company purchased the debt-collecting businesses of Morgan Stanley and Goldman Sachs for $306 million. The company also purchased the GMAC Mortgage operation in Waterloo, Iowa.

The company is laying off 800 workers nationwide.

Dallas Business Journal
Dallas-Fort Worth-Arlington
Employment
http://www.bizjournals.com/dallas/news/2013/12/09/ocwen-financial-corp-will-cut-240.htmlRead more at {Source}

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