 WEST PALM BEACH, Fla., Oct. 04, 2021 GLOBE NEWSWIRE -- Ocwen Financial Corporation NYSE: OCN Ocwen or the Company, a leading non-bank mortgage servicer and originator, today announced that its wholly-owned subsidiary, PHH Mortgage Corporation PHH, has completed the previously announced transaction with Reverse Mortgage Solutions, Inc. RMS and its parent, Mortgage Assets Management, LLC MAM, to acquire substantially all of the RMS reverse mortgage servicing platform and all of the outstanding equity interests in the RMS Real Estate Owned business, REO Management Solutions, LLC REO. MAM is a subsidiary of investment funds managed by Waterfall Asset Management, LLC Waterfall. 