December 14, 2009 (FinancialWire) — Ocwen Financial Corp. (NYSE: OCN) said it has disposed of 100% of its interest in Bankhaus Oswald Kruber GmbH & Co. KG.

The transaction was finalized and consummated as of December 3, 2009.

Ocwen Financial Corp. is a provider of residential and commercial loan servicing, special servicing and asset management services. Ocwen is headquartered in West Palm Beach, Florida with offices in California, the District of Columbia, Florida, Georgia and New York and support operations in India and Uruguay.

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