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OCN > SEC Filings for OCN > Form 8-K on 11-Aug-2009All Recent SEC Filings

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Form 8-K for OCWEN FINANCIAL CORP


11-Aug-2009

Other Events


Item 8.01. Other Events

Ocwen Loan Servicing, LLC ("OLS"), a wholly-owned subsidiary of Ocwen Financial Corporation (the "Company"), and the Federal Home Loan Mortgage Corporation ("Freddie Mac") entered into an Interim Servicing Master Agreement ("Agreement"), effective as of August 10, 2009, under which OLS will provide mortgage loan servicing services with respect to approximately 24,000 non-performing Single Family mortgage loans owned by Freddie Mac with an aggregate unpaid principal balance of approximately $4.4 billion.


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