 WEST PALM BEACH, Fla., June 18, 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 entered into an agreement with Reverse Mortgage Solutions, Inc. RMS and its parent, Mortgage Assets Management, LLC MAM, to acquire substantially all of the operations, assets and employees of the RMS reverse mortgage servicing platform. MAM is a subsidiary of investment funds managed by Waterfall Asset Management, LLC Waterfall. The Company will also acquire all of the outstanding equity interests in the RMS Real Estate Owned business, REO Management Solutions, LLC REO. 