In October 2012, Ocwen announced plans to buy Homeward Residential Holdings, Inc. from WL Ross & Co. for $750 million.
ɪn ɑːktˈoʊbɚ tˈuː θˈaʊzənd twˈɛlv, ˈɑːkwən ɐnˈaʊnst plˈænz tə bˈaɪ hˈoʊmwɚd ɹˌɛzᵻdˈɛnʃəl hˈoʊldɪŋz, ˈɪŋk. fɹʌm dˌʌbəljˌuːˈɛl ɹˈɔs ænd kˈoʊ. fɔːɹ dˈɑːlɚ sˈɛvənhˈʌndɹɪd fˈɪfti mˈɪliən.