UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of report
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(Date of earliest event reported): July 20, 2004
OCWEN FINANCIAL CORPORATION
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(Exact name of registrant as specified in its charter)
Florida 1-13219 65-0039856
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
The Forum, Suite 1000
1675 Palm Beach Lakes Boulevard, West Palm Beach, Florida 33401
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(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: (561) 682-8000
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N/A
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(Former name or former address, if changed since last report)
Page 1 of 6
Exhibit Index on Page 4
Item 5. Other Events
The news release of the Registrant dated July 20, 2004,
announcing the order of a federal judge vacating a jury award of
$9.3 million against the Registrant's subsidiaries, Ocwen Federal
Bank FSB and Ocwen Technology Xchange, and ordering a new trial
on damages is attached hereto and filed herewith as Exhibit 99.2.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits
(a) - (b) Not applicable.
(c) Exhibits
The following exhibits are filed as part of this report:
99.1 Text of a press release by the Registrant dated July 20,
2004.
99.2 Text of a press release by the Registrant dated July 20,
2004.
Item 12. Disclosure of Results of Operations and Financial Condition
The news release of the Registrant dated July 20, 2004,
announcing increased second quarter 2004 net income is attached
hereto and filed herewith as Exhibit 99.1.
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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/ MARK S. ZEIDMAN
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Mark S. Zeidman
Senior Vice President and
Chief Financial Officer
Date: July 20, 2004
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INDEX TO EXHIBIT
Exhibit No. Description Page
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99.1 News release of Ocwen Financial 5
Corporation, dated July 20, 2004,
announcing increased second quarter 2004
net income and certain other information.
99.2 The news release of Ocwen Financial 6
Corporation dated July 20, 2004,
announcing the order of a federal judge
vacating a jury award of $9.3 million
against its subsidiaries, Ocwen Federal
Bank FSB and Ocwen Technology Xchange, and
ordering a new trial on damages.
4