<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM OCWEN
FINANCIAL CORPORATION'S CONSOLIDATED STATEMENT OF FINANCIAL CONDITION AND
STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS FROM ITS FILING ON FORM 10-Q FOR THE QUARTER ENDED
SEPTEMBER 30, 2000.
</LEGEND>
<CIK> 0000873860
<NAME> Ocwen Financial Corporation
<MULTIPLIER> 1,000
<CURRENCY> USD
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<EXCHANGE-RATE> 1
<CASH> 31,055
<INT-BEARING-DEPOSITS> 16,422
<FED-FUNDS-SOLD> 179,000
<TRADING-ASSETS> 532,410
<INVESTMENTS-HELD-FOR-SALE> 248,390
<INVESTMENTS-CARRYING> 13,257
<INVESTMENTS-MARKET> 13,257
<LOANS> 932,683 <F1>
<ALLOWANCE> 28,285 <F2>
<TOTAL-ASSETS> 2,843,183
<DEPOSITS> 1,604,640
<SHORT-TERM> 256,023 <F3>
<LIABILITIES-OTHER> 115,808
<LONG-TERM> 288,083
0
0
<COMMON> 672
<OTHER-SE> 493,088
<TOTAL-LIABILITIES-AND-EQUITY> 2,843,183
<INTEREST-LOAN> 94,394 <F4>
<INTEREST-INVEST> 44,320
<INTEREST-OTHER> 5,118
<INTEREST-TOTAL> 143,832
<INTEREST-DEPOSIT> 75,330
<INTEREST-EXPENSE> 133,491
<INTEREST-INCOME-NET> 10,341
<LOAN-LOSSES> 12,604
<SECURITIES-GAINS> (9,128) <F5>
<EXPENSE-OTHER> 138,425 <F6>
<INCOME-PRETAX> (22,973)
<INCOME-PRE-EXTRAORDINARY> (15,851)
<EXTRAORDINARY> 8,674
<CHANGES> 0
<NET-INCOME> (7,177)
<EPS-BASIC> (0.11)
<EPS-DILUTED> (0.11)
<YIELD-ACTUAL> 9.31
<LOANS-NON> 434,728
<LOANS-PAST> 0
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 28,259
<CHARGE-OFFS> (11,891)
<RECOVERIES> 637
<ALLOWANCE-CLOSE> 28,285
<ALLOWANCE-DOMESTIC> 28,285
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
<FN>
<F1>
Tag 9-03(7) includes Loan Portfolio of $119,974, Discount Loan
Portfolio of $724,908 and Match Funded Loans of $87,721.
<F2>
Tag 9-03(7)(2) includes Allowance for Loan Losses on Loan Portfolio of
$4,871, on the Discount Loan Portfolio of $23,047 and on Match funded
loans of $367.
<F3>
Tag 9-03(13) includes Securities sold under agreements to repurchase of
$5,692, Obligations outstanding under lines of credit of $135,644 and
Bonds - Match funded agreements of $114,687.
<F4>
Tag 9-04(1) includes Interest Income on Loans Available for Sale of
$2,174, Loan Portfolio of $13,956 and Discount Loans of $70,021 and on
Match funded loans and securities of $8,243.
<F5>
Tag 9-04(13) (h)includes gain on sale of securities of $4,874 and
impairment charges on securities available for sale of ($11,597) and
unrealized losses on trading securities of ($2,406).
<F6>
Tag 9-04(14) includes Non-interest expense of $124,618 Distributions on
Company obligated, Mandatorily Redeemable Securities of Subsidiary
Trust Holding Solely Junior Subordinated Debentures of the Company of
$8,842, and Equity in Losses of Investment in Unconsolidated Entities
of $4,965.
</FN>
</TABLE>
