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BRIEF-Ocwen Financial files amendment to 2016 annual report on form 10-K

May 16 Ocwen Financial Corp

* Ocwen Financial Corp says files amendment to 2016 annual report on form 10-K

* Ocwen Financial - amendment related to a confidential MOU with Multistate Mortgage Committee

* Ocwen Financial Corp says amendment did not result in any changes to company's consolidated financial statements and related footnote disclosure

* Ocwen Financial - management re-evaluated effectiveness of disclosure controls, internal control over financial reporting as of Dec 31, 2016

* Ocwen Financial - management concluded co's disclosure controls, procedures, internal controls over financial reporting not effective as of Dec 31, 2016

* Ocwen Financial - disclosure controls not effective as of Dec 31, 2016 solely due to material weakness resulting in failure to provide disclosure of mou

* Ocwen Financial - evaluating necessary changes to its controls to remediate weakness and expects to provide an update in its June 30, 2017 form 10-Q Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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