Each month, millions of Americans send a check to Ocwen Financial Corp., a little-known giant in the lucrative if unglamorous business of processing and servicing home mortgages. Handling loan payments, modifying soured mortgages and foreclosing on borrowers is a profitable line of work. But Ocwen’s success has been turbocharged by its subsidiaries in an unlikely offshore…
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A Made-in-America Offshore Tax Haven
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Newsweek has been a staple of American media for over 80 years, bringing high-quality journalism to millions of readers around the globe. Newsweek publishes print editions in Japanese, Korean, Polish, Spanish, Arabic, and Turkish, as well as an English language international edition, but is a primarily digital property available across platforms and devices [newsweek.com/subscribe]. Newsweek provides in-depth analysis, news and opinion about international issues, technology, business, culture and politics.
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