AgateCreek Form 3 OCWEN FINANCIAL / Scott Edward Burg ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Deer Park Road Management Company, LP

(Last) (First) (Middle)

1195 BANGTAIL WAY

(Street)

STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/15/2020

3. Issuer Name and Ticker or Trading Symbol
OCWEN FINANCIAL CORP [ OCN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	13,356,147	I	See footnotes(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Deer Park Road Management Company, LP

(Last) (First) (Middle)

1195 BANGTAIL WAY

(Street)

STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Deer Park Road Management GP, LLC

(Last) (First) (Middle)

1195 BANGTAIL WAY

(Street)

STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Deer Park Road Corp

(Last) (First) (Middle)

1195 BANGTAIL WAY

(Street)

STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Craig-Scheckman Michael

(Last) (First) (Middle)

1195 BANGTAIL WAY

(Street)

STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

AgateCreek LLC

(Last) (First) (Middle)

1195 BANGTAIL WAY

(Street)

STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Burg Scott Edward

(Last) (First) (Middle)

1195 BANGTAIL WAY

(Street)

STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

Explanation of Responses:

1. These shares of the Issuer's common stock ("Shares") are held for the account of STS Master Fund, Ltd. Deer Park Road Management Company, LP ("Deer Park") serves as investment adviser to STS Master Fund, Ltd.

2. Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Each of Deer Park Road Corporation ("DPRC") and AgateCreek LLC ("AgateCreek") is a member of DPRM. Michael Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the majority owner of DPRC. Scott Edward Burg is the Chief Investment Officer of Deer Park and the sole member of AgateCreek. Each Reporting Person disclaims beneficial ownership of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

Exhibit 24.1 - Power of Attorney for Michael Craig-Scheckman (incorporated by reference to the Power of Attorney filed as Exhibit 24.1 to the Form 4 filed by the reporting persons on December 7, 2018); Exhibit 24.2 - Power of Attorney for Scott Edward Burg (incorporated by reference to the Power of Attorney filed as Exhibit 24.2 to the Form 4 filed by the reporting persons on December 7, 2018).

	Deer Park Road Management Company, LP, By: /s/ Bradley W. Craig, Chief Operating Officer	04/21/2020
	Deer Park Road Management GP, LLC, By: /s/ Deer Park Road Corporation, its managing member, By: /s/ Bradley W. Craig, attorney-in-fact for Michael Craig-Scheckman, Chief Executive Officer of Deer Park Corporation	04/21/2020
	Deer Park Road Corporation, By: /s/ Bradley W. Craig, attorney-in-fact for Michael Craig-Scheckman, Chief Executive Officer of Deer Park Corporation	04/21/2020
	Michael Craig-Scheckman, By: /s/ Bradley W. Craig, attorney-in-fact for Michael Craig-Scheckman	04/21/2020
	AgateCreek LLC, By: /s/ Bradley W. Craig, attorney-in-fact for Scott Edward Burg, Sole Member of AgateCreek LLC	04/21/2020
	Scott Edward Burg, /s/ Bradley W. Craig, attorney-in-fact for Scott Edward Burg	04/21/2020
	** Signature of Reporting Person	Date
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