Mr. Faris has served as President of Ocwen Financial Corporation (the Company) since his promotion in March 2001. He was elected to the Board of Directors of the Bank in May 2003. Prior to that he served as Executive Vice President of Residential Assets where he was instrumental in building Ocwens loan servicing and loss mitigation business. He also has served as Senior Vice President, Residential & Small Commercial Assets, Controller for Investors Mortgage Insurance Holding Company, a wholly owned subsidiary of the Company and as Vice President and Chief Accounting Officer. Prior to joining Ocwen in 1991, Mr. Faris was a Vice President with Kidder, Peabody & Co., Inc. He holds a Bachelor of Science in Accounting from The Pennsylvania State University and is a Certified Public Accountant.
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