William Erbey Net Worth

As chairman and CEO of Ocwen Financial Corporation, William Erbey was one of the most influential figures in the mortgage industry. With over 30 years of experience in the mortgage business, Erbey was widely recognized as an expert on all things related to mortgages. In 2013, he was ranked number 9 on Forbes’s list of America’s richest people under the age of 60. In this blog post, we’ll take a closer look more about his life and career.

William Erbey’s Education, Career

William Erbey is a businessman who was born on October 10, 1954 in Cincinnati, Ohio. Erbey graduated from the University of Cincinnati with a bachelor’s degree in 1976 and from Vanderbilt University with an MBA in 1978. He began his career as a loan officer for National City Bank and then became a real estate developer. In 1984, he founded AmeriSource, a real estate development and management company. AmeriSource grew rapidly, and by 1997 it was the largest developer of single-family homes in the United States. In 2001, Erbey founded Ocwen Financial Corporation, a mortgage servicing company. Ocwen has become one of the largest mortgage servicers in the United States, servicing over 1.5 million loans. Erbey has also been active in philanthropy, donating to educational institutions such as the University of Cincinnati and Vanderbilt University.

William Erbey Net Worth

How much is William Erbey’s Net Worth?

William Erbey is a businessman with a net worth of $2.1 billion. Erbey is the chairman and CEO of Ocwen Financial Corporation, a mortgage servicing company. He has also served as the CEO of Altisource Portfolio Solutions, a provider of mortgage servicing and real estate investing services. Erbey has been involved in the mortgage industry for more than 30 years. He began his career as a loan originator and later became a loan servicers. In 2009, Erbey founded Ocwen, which quickly grew to become one of the largest mortgage servicers in the United States. In 2014, he stepped down as CEO of Ocwen, but remained chairman of the board. Erbey has been instrumental in helping to grow both Ocwen and Altisource into large and successful companies.

Conclusion

William Erbey is an American businessman and the founder of Ocwen Financial Corporation. He has been involved in the mortgage industry since the early 1980s, and he has been credited with helping to shape the modern mortgage market. In 2013, Mr. Erbey was named one of Forbes’ “America’s Richest Self-Made Women.” However, his tenure at the head of Ocwen came to an abrupt end in 2014 when he was forced out amid allegations of misconduct.