UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K
CURRENT REPORT


Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of report
(Date of earliest event reported): April 26, 2007

OCWEN FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)

Florida

 

1-13219

 

65-0039856

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

 

 

 

 

1661 Worthington Road

 

 

Suite 100

 

 

West Palm Beach, Florida

 

33409

(Address of principal executive office)

 

(Zip Code)

Registrant’s telephone number, including area code: (561) 682-8000

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

 

 


Item 5.02     Departure of Principal Officer.

On April 26, 2007, W. Michael Linn, the Executive Vice President of Ocwen Financial Corporation, announced his plans to retire from his office with the company effective as of May 4, 2007, but will remain a member of the Board of Directors of Ocwen Financial Corporation and seek re-election at the Annual Meeting of Shareholders to be held on May 10, 2007.


SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

OCWEN FINANCIAL CORPORATION

 

(Registrant)

 

 

 

 

 

 

 

By:

/s/ William C. Erbey

 

 


 

 

William C. Erbey, Chairman of the Board
and Chief Executive Officer
(principal executive officer)

Date:  May 1, 2007