FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Devaney John 		2. Issuer Name and Ticker or Trading Symbol

OCWEN FINANCIAL CORP [ OCN ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

240 CRANDON BOULEVARD, SUITE 167 		3. Date of Earliest Transaction (MM/DD/YYYY)

8/3/2015
(Street)

KEY BISCAYNE, FL 33149
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   8/3/2015     P    2408   A $8.4099   (1) 12241420   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    600   A $8.4090   (1) 12242020   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    300   A $8.4050   (1) 12242320   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    9000   A $8.4300   (1) 12251320   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    9000   A $8.4300   (1) 12260320   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    9000   A $8.4300   (1) 12269320   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    9000   A $8.4000   (1) 12278320   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    9000   A $8.4000   (1) 12287320   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    9000   A $8.4000   (1) 12296320   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    22531   A $8.3900   (1) 12318851   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    2469   A $8.3850   (1) 12321320   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    300   A $8.3800   (1) 12321620   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    25000   A $8.3900   (1) 12346620   I   (2) See footnote   (2)
Common Stock   8/3/2015     P    6000   A $8.3999   (1) 12352620   I   (2) See footnote   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  The price provided in this column represents the average price per share of the transaction.
( 2)  The reported securities are owned indirectly by D. John Devaney ("Devaney"). Devaney controls United Real Estate Ventures, Inc. ("UREVI"), the entity that purchased the shares of the issuer's common stock in the reported transactions. Prior to the transactions reported on this Form 4, Devaney directly, through personal accounts and retirement accounts, and indirectly, through United Aviation Holdings, Inc., United Capital Markets, Inc., United Capital Markets Holdings, Inc., and UREVI, all entities controlled by Devaney, beneficially owned 12,538,012 shares of the issuer's common stock through a combination of non-derivative securities and derivative securities of the issuer.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Devaney John
240 CRANDON BOULEVARD
SUITE 167
KEY BISCAYNE, FL 33149
X


Signatures
/s/ D. John Devaney 8/5/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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