Ocwen Financial repays $65.6 million of senior secured term loan

By Marisa Wong

Morgantown, W.Va., Nov. 4 – Ocwen Financial Corp. paid down about $65.6 million of its senior secured term loan on Nov. 3, according to an 8-K filing with the Securities and Exchange Commission.

Following the paydown, the company has roughly $411 million outstanding under its senior secured term loan.

Borrowings may be denominated in U.S. dollars and other currencies, including euros, Canadian dollars, pounds sterling, Japanese yen and Swiss francs.

Based in Atlanta, Ocwen provides residential and commercial mortgage loans.

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