<PAGE>
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MAY 13, 1997
REGISTRATION NO. 333-
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------
FORM S-11
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
------------------------
OCWEN ASSET INVESTMENT CORP.
(Exact name of registrant as specified in governing instruments)
1675 PALM BEACH LAKES BLVD., SUITE 1000
WEST PALM BEACH, FLORIDA 33401
(561) 681-8000
(561) 681-8177 (TELECOPY)
(Address of principal executive officer)
------------------------
WILLIAM C. ERBEY
1675 PALM BEACH LAKES BLVD., SUITE 1000
WEST PALM BEACH, FLORIDA 33401
(Name and address of agent for service)
------------------------
COPIES TO:
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JACK A. MOLENKAMP, ESQ. LEE MEYERSON, ESQ.
Hunton & Williams Simpson Thacher & Bartlett
Riverfront Plaza 425 Lexington Avenue
951 East Byrd Street New York, New York 10017
Richmond, Virginia 23219 (212) 455-2000
(804) 788-8200 (212) 455-2502 (telecopy)
(804) 788-8218 (telecopy)
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------------------------
APPROXIMATE DATE OF COMMENCEMENT OF THE PROPOSED SALE OF THE SECURITIES TO
THE PUBLIC: As soon as practicable after the effective date of this Registration
Statement.
If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box
and list the Securities Act registration number of the earliest effective
registration statement for the same offering. /x/ 333-21965
---------
If this Form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, please check the following box and list the Securities
Act registration statement number of the earlier effective registration
statement for the same offering. / /
If delivery of the prospectus is expected to be made pursuant to Rule 434,
please check the following box. / /
------------------------
CALCULATION OF REGISTRATION FEE
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Title of Securities Amount Being Proposed Maximum Proposed Maximum Amount of
Being Registered Registered Offering Price Per Share Aggregate Offering Price Registration Fee
- -------------------------------------------------------------------------------------------------------------------------
Common Stock, par
value $0.01 per share 2,875,000 $16.00 $46,000,000 $13,939.39
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<PAGE>
INCORPORATION OF CERTAIN INFORMATION BY REFERENCE
The information in the Registration Statement filed by Ocwen Asset
Investment Corp. with the Securities and Exchange Commission, File No.
333-21965, pursuant to the Securities Act of 1933, as amended, is
incorporated by reference into this Registration Statement.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
Registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-11 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized in the City of West Palm Beach, State of Florida,
on the 13th day of May, 1997.
OCWEN ASSET INVESTMENT CORP.,
a Virginia corporation
(Registrant)
By /s/ CHRISTINE A. REICH
-----------------------------------------
Christine A. Reich
PRESIDENT
POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and appoints
Christine A. Reich his true and lawful attorney-in-fact and agent, with full
powers of substitution, for him and in his name, place and stead, in any and
all capacities, to sign and to file any and all amendments, including
post-effective amendments and any registration statements filed pursuant to
Rule 462(b), to this Registration Statement with the Securities and Exchange
Commission, granting to said attorney-in-fact power and authority to perform
any other act on behalf of the undersigned required to be done in connection
therewith.
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons on the 13th
day of May, 1997, in the capacities indicated.
SIGNATURE TITLE
- ------------------------------ --------------------------
/s/ WILLIAM C. ERBEY* Chairman of the Board of
- ------------------------------ Directors and Chief
William C. Erbey Executive Officer
/s/ CHRISTINE A. REICH
- ------------------------------ Director, President and
Christine A. Reich Chief Financial Officer
/s/ TIMOTHY J. RIDDIOUGH*
- ------------------------------ Director
Timothy J. Riddiough
/s/ ROBERT F. PUGLIESE*
- ------------------------------ Director
Robert F. Pugliese
/s/ PETER M. SMALL*
- ------------------------------ Director
Peter M. Small
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*By /s/ CHRISTINE A. REICH
--------------------------------------
Christine A. Reich,
AS ATTORNEY IN FACT
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