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Ocwen Financial Solutions
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I applied via Company Website and was interviewed before Feb 2023. There were 2 interview rounds.
A forward mortgage is a type of mortgage where the borrower receives the entire loan amount upfront and makes regular payments towards the loan over time.
Borrower receives the full loan amount at the beginning of the loan term
Regular payments are made towards the loan, typically including both principal and interest
Interest rates for forward mortgages can be fixed or adjustable
Common type of mortgage for purchasing a h
A reverse mortgage is a type of loan for homeowners age 62 and older that allows them to convert part of the equity in their homes into cash.
Reverse mortgage borrowers do not have to repay the loan until they sell the home, move out, or pass away.
The loan amount is based on the value of the home, the borrower's age, and current interest rates.
Interest on a reverse mortgage is not tax-deductible until the loan is paid o...
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I applied via Naukri.com and was interviewed before Apr 2020. There were 3 interview rounds.
I have experience working as a financial analyst in the past.
I have worked as a financial analyst for XYZ Company for 3 years.
During my time at XYZ Company, I was responsible for financial planning, budgeting, and forecasting.
I conducted financial analysis to identify trends, risks, and opportunities for improvement.
I prepared financial reports and presentations for senior management.
I also collaborated with cross-func...
I applied via Walk-in and was interviewed before Jun 2020. There was 1 interview round.
Goodwill is an intangible asset that represents the value of a company's reputation, brand, and customer relationships.
Goodwill is recorded on a company's balance sheet when it acquires another company for a price higher than the fair market value of its net assets.
It is considered an intangible asset because it cannot be physically touched or seen.
Goodwill can arise from factors such as strong customer loyalty, brand ...
RTR process refers to Record to Report process which involves all activities from recording transactions to preparing financial statements.
RTR process is a crucial part of accounting and finance operations.
It involves recording financial transactions, reconciling accounts, and preparing financial statements.
The process ensures accuracy and completeness of financial data.
It includes activities like journal entries, gene...
I applied via Naukri.com and was interviewed before Apr 2020. There were 4 interview rounds.
I applied via Company Website and was interviewed before Feb 2021. There were 3 interview rounds.
English, Quantitative Aptitude, Reasoning, Finance
Depreciation is the decrease in value of tangible assets over time, while amortization is the decrease in value of intangible assets over time. Capital gains are profits made from selling assets at a higher price than their purchase price.
Depreciation applies to tangible assets like buildings, machinery, and vehicles, while amortization applies to intangible assets like patents, copyrights, and trademarks.
Depreciation ...
I applied via Company Website and was interviewed before Sep 2020. There was 1 interview round.
A letter of credit is a financial document issued by a bank guaranteeing payment to a seller.
It is a payment guarantee used in international trade
The bank acts as an intermediary between the buyer and seller
The bank promises to pay the seller if the buyer fails to fulfill their obligations
It reduces the risk for both parties involved in the transaction
I applied via Naukri.com and was interviewed before Jul 2020. There were 3 interview rounds.
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Senior Specialist
260
salaries
| ₹0 L/yr - ₹0 L/yr |
Specialist
257
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Associate
233
salaries
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Team Lead
180
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Assistant Manager
178
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