X0202 4 2007-05-08 0 0000873860 OCWEN FINANCIAL CORP OCN 0001215021 LINN W MICHAEL 1661 WORTHINGTON ROAD SUITE 100 WEST PALM BEACH FL 33409 1 1 0 0 Executive Vice President Common Stock 2007-05-08 4 F 0 1283 13.965 D 20807 D 2005 Employee Restricted Stock Award 2007-05-08 4 A 0 2034 13.965 A 22841 D 2006 Employee Restricted Stock Award 2007-05-08 4 A 0 6629 11.88 A 29470 D 2006 Employee Stock Option Award 11.88 2007-06-26 4 A 0 32296 11.88 A 2007-05-10 2017-05-10 Common Stock 32296 32296 D Shares forfeited to cover tax withholding. Options vest in five equal increments, with the first increment vesting immediately upon grant and the remaining options vesting in four equal increments on December 31 of each year, 2007-2010. /s/ Paul A. Koches, Attorney-in-Fact 2007-06-28