Catherine M. Dondzila, Senior Vice President and Chief Accounting Officer of Ocwen Financial Corporationhas announced that she will resign from the Company. Ms. Dondzila’s last day of active employment with the company was May 15, 2019. Ms. Dondzila’s resignation is not due to any disagreement with Ocwen relating to the Company’s operations, policies or practices. Ms. Dondzila’s employment will cease on May 31, 2019. On or prior to May 31, 2019, Ocwen expects to enter into a separation and release agreement with Ms. Dondzila pursuant to which she will receive a payment of $568,870. Ocwen also expects to enter into a 6-month consulting agreement with Ms. Dondzila under which she will receive $36,092 per month. The separation and release agreement provides for a release of claims against the Company and for Ms. Dondzila to comply with certain non-solicitation and other covenants.