October 24, 2017 / 10:00 PM / a month ago

BRIEF-Ocwen Financial says exploring strategic approaches

Oct 24 (Reuters) - Ocwen Financial Corp

* Ocwen Financial - ‍as part of cost structure, performance optimizing initiatives, continuing to explore strategic approaches to streamline business

* Ocwen Financial - seeking to focus operations on mortgage servicing and its retail forward lending channel, primarily through retail lending recapture

* Ocwen Financial - currently evaluating long-term strategy with respect to reverse lending activities

* Ocwen Financial - long term strategy includes potential sale of reverse lending business or some assets of the business - sec filing

* Ocwen Financial - barclays capital inc is advising the company on its alternatives related to its reverse mortgage assets and business Source text for Eikon: Further company coverage:

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