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SEC Company Response from ONITY GROUP INC. (ONIT) (CIK 0000873860) (ONIT) — Dec 22, 2014

ONITY GROUP INC. (ONIT) (CIK 0000873860)
Date: Dec. 22, 2014 · CIK: 0000873860 · Accession: 0001019056-14-001522

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File numbers found in text: 001-13219

Referenced dates: December 18, 2014

Date
December 31, 2013
Author
/s/ Michael R. Bourque, Jr.
Form
CORRESP
Company
ONITY GROUP INC. (ONIT) (CIK 0000873860)

Letter

VIA EDGAR Division of Corporation Finance Securities and Exchange Commission Form 10-Q for Fiscal Quarter Ended September 30, 2014 Filed October 31, 2014 Response dated August 22, 2014 File No. 001-13219

Dear Mr. Rodriguez:

Ocwen Financial Corporation (the "Company") received your letter dated December 18, 2014 (the "Comment Letter") setting forth additional comments of the staff (the "Staff") of the U.S. Securities and Exchange Commission concerning the above referenced Amendment #1 to Form 10-K for the fiscal year ended December 31, 2013 and Form 10-Q for the fiscal quarter ended September 30, 2014. The Comment Letter asked us to provide the information requested in your letter within ten business days or to advise the Staff when we will provide the requested response.

On December 22, 2014, John-Paul Motley of O'Melveny & Myers LLP, our outside counsel, spoke to Staff Accountant Marc Thomas and requested and received a further extension of time so that we can devote the appropriate time and resources to consider the Staff's comments and to complete our response. We intend to provide our response to the Comment Letter by January 13, 2015.

Please contact the undersigned at (340) 713-7760 with any questions or comments regarding this letter.

Sincerely,
/s/ Michael R. Bourque, Jr.

Show Raw Text
CORRESP
1
filename1.htm

December
22, 2014

VIA EDGAR

Mr. Gus Rodriguez

Accounting Branch Chief

Division of Corporation Finance

Securities and Exchange Commission

100 F Street, N.E.

Washington, DC 20549

    RE:
    Ocwen
    Financial Corporation

    Amendment #1 to Form 10-K for the Fiscal Year Ended December 31, 2013

    Filed August 18, 2014

    Form 10-Q for Fiscal Quarter Ended September 30, 2014

    Filed October 31, 2014

    Response dated August 22, 2014

    File No. 001-13219

Dear Mr. Rodriguez:

Ocwen Financial Corporation (the "Company") received your letter dated December 18, 2014 (the "Comment Letter") setting forth additional comments of the staff (the "Staff") of the U.S. Securities and Exchange Commission concerning the above referenced Amendment #1 to Form 10-K for the fiscal year ended December 31, 2013 and Form 10-Q for the fiscal quarter ended September 30, 2014. The Comment Letter asked us to provide the information requested in your letter within ten business days or to advise the Staff when we will provide the requested response.

On December 22, 2014, John-Paul Motley of O'Melveny & Myers LLP, our outside counsel, spoke to Staff Accountant Marc Thomas and requested and received a further extension of time so that we can devote the appropriate time and resources to consider the Staff's comments and to complete our response. We intend to provide our response to the Comment Letter by January 13, 2015.

Please contact the undersigned at (340) 713-7760 with any questions or comments regarding this letter.

    Sincerely,

    /s/ Michael R. Bourque, Jr.

    Michael R. Bourque, Jr.

    Chief Financial Officer

    cc:
    Marc Thomas, Staff Accountant, Securities and Exchange Commission

    Ronald M. Faris, President and Chief Executive Officer

    Timothy M. Hayes, Executive Vice President, General Counsel and Secretary