Subsidy Tracker Parent Company Summary

Parent Company Name: 
Ocwen Financial
Ownership Structure: 
publicly traded (ticker symbol OCN)
Headquartered in: 
Georgia
Major Industry: 
financial services
Specific Industry: 
financial services
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$11,405,7247
Federal (grants and allocated tax credits)$434,094,8925
TOTAL$445,500,61612
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$2,933,900,00099
TOTAL$2,933,900,00099
Time Period for State and Local Awards: 

Earliest year of data: 1997. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2005.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

AH MORTGAGE ADVANCE TRUST 2009; CHESAPEAKE FUNDING; FIRST FLEET; HOMEQ SERVICING; HOMEWARD RESIDENTIAL; LITTON LOAN SERVICING LP; OCWEN FINANCIAL; OCWEN SERVICER ADVANCE RECEIVABLES FUNDING II; Option One Mortgage; PHH

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New Jersey$4,914,5002
New York$3,417,0242
Florida$3,056,0002
California$18,2001

Individual Subsidy Records:

Download results as CSV or XML
Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Ocwen Financial Corporation, Inc. United States federal 2009 $306,403,151 federal grant
Homeward Residential, Inc. United States federal 2009 $94,837,607 federal grant
Litton Loan Servicing LP United States federal 2009 $27,530,414 federal grant
HomEq Servicing United States federal 2009 $5,272,500 federal grant
PHH Mortgage Corporation New York state 2015 $3,000,000 tax credit/rebate
PHH Mortgage Corp. New Jersey state 1997 $2,840,000 grant
PHH Mortgage Corporation Florida state 2005 $2,400,000 tax credit/rebate
PHH Mortgage Corporation New Jersey state 2012 $2,074,500 grant
Option One Mortgage Florida state 2005 $656,000 tax credit/rebate
PHH Mortgage Corp New York local 2013 $417,024 tax credit/rebate; property tax abatement
PHH Mortgage Corporation United States federal 2009 $51,220 federal grant
OPTION ONE MORTGAGE CORPORATION California state 2004 $18,200 training reimbursement
Chesapeake Funding LLC United States federal 2009 $289,300,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $103,500,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $99,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $90,000,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $85,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $82,900,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $72,000,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $71,400,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $71,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $66,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $64,500,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $64,500,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $63,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $55,300,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $54,200,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $51,600,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV2 United States federal 2009 $47,300,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $46,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $43,000,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $42,500,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $36,500,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $36,000,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $34,400,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $34,400,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $34,400,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $34,200,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $34,000,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2009 $33,600,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2009 $33,600,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $31,100,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $27,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $27,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $27,000,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $25,500,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $25,500,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $25,500,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2010 $25,500,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2009 $25,200,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $24,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $22,500,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $22,300,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2010 $22,300,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2010 $21,900,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2009 $20,200,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $19,600,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $19,600,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $19,600,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $18,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $18,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $18,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $17,300,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $17,000,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $17,000,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2010 $17,000,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2010 $17,000,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $16,300,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2009 $15,100,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV2 United States federal 2009 $13,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV2 United States federal 2009 $13,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV3 United States federal 2009 $12,800,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2010 $12,800,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $12,500,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $12,400,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2010 $11,900,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $11,300,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $11,300,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV2 United States federal 2009 $11,200,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV2 United States federal 2009 $11,200,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $10,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $10,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $10,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $10,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $10,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $10,800,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV1 United States federal 2009 $10,800,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,800,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,800,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,700,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,400,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,400,000 federal loan or loan guarantee
AH Mortgage Advance Trust 2009-ADV2 United States federal 2009 $10,300,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,200,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,200,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,200,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2010 $10,200,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2010 $10,200,000 federal loan or loan guarantee
OCWEN Servicer Advance Receivables Funding Company II LTD. United States federal 2010 $10,200,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,100,000 federal loan or loan guarantee
Chesapeake Funding LLC United States federal 2009 $10,100,000 federal loan or loan guarantee
Download results as CSV or XML