873860--3/16/2007--OCWEN_FINANCIAL

related topics

{loan, real, estate}

{operation, international, foreign}

{competitive, industry, competition}

{stock, price, operating}

{loss, insurance, financial}

{financial, litigation, operation}

{capital, credit, financial}

{gas, price, oil}

{personnel, key, retain}

{acquisition, growth, future}

{property, intellectual, protect}

{regulation, government, change}

{regulation, change, law}

We face strong competition in our primary business segment. A significant increase in prepayment speeds could adversely affect our financial results. Governmental and legal proceedings and related costs could adversely affect our financial results. Our subprime loans held for resale and our subordinate and residual securities could result in losses. Our success is dependent upon our ability to acquire and accurately price MSRs, as well as general economic conditions. A downgrade in our servicer ratings could have an adverse effect on our business, financial condition or results of operations. We are subject to investment risks. Our failure to comply with federal, state or local regulation of, or licensing requirements with respect to, mortgage lending, loan servicing or other aspects of our business could harm our operations and profitability We may be unable to obtain additional capital to finance the growth of our business. We may be required to repurchase loans or indemnify investors if we breach representations and warranties that we made in connection with the sale of those loans. We have significant operations in India that could be adversely affected by changes in the political or economic stability of India or government policies in India or the U.S. In addition, our business could be severely impacted if we experience telecommunications failures between our operations in India and in the U.S. The loss of the services of our senior managers could have an adverse effect on us. Our earnings may be inconsistent. An increase in interest rates could harm our business. Our hedging strategies may not be successful in mitigating our risks associated with interest rates. Our international operations are subject to political and economic uncertainties and other risks beyond our control. We may not be able to protect adequately our proprietary rights or information subjecting us to additional competition. Other risks inherent to our industry could affect our financial performance. Our directors and executive officers collectively own a large percentage of our common shares and could influence or control matters requiring shareholder approval.

Full 10-K form ▸

873860--3/16/2007--OCWEN_FINANCIAL_CORP