WEST PALM BEACH, Fla., June 15, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that the Company has partnered with HomeFree-USA, one of the nation’s leading, Black-founded HUD-approved community-based financial counseling nonprofit organizations, to create a direct hiring pipeline for graduates of HomeFree-USA’s Center for Financial Advancement® (“CFA”) program at historically black colleges and universities (“HBCUs”).
The new program will create full-time employment opportunities for HBCU students who have successfully completed the CFA program. The two organizations are still planning the official recruitment process for eligible CFA scholars, and it is expected to launch later this year.
HomeFree-USA launched the Center for Financial Advancement® to introduce HBCU students to career opportunities in the mortgage, real estate, and financial services industries. Throughout the school year, students are taught money management skills, shown how to build credit, and learn the importance of homeownership as a means for building wealth. In addition, students receive training on professional development skills.
The CFA initiative was piloted in 2017 at Fisk University and continues there, as well as at North Carolina A&T State University, Fort Valley State University, Bowie State University, North Carolina Central University and Morgan…