Ocwen’s Koches rides out crisis

Paul Koches, senior vice president of Ocwen Financial, the West Palm Beach firm that’s one of the country’s largest subprime loan servicers, sat down for an interview to explain what the company does, how collecting subprime loans presents a challenge in this market, and how the process has evolved amid the crisis. Homeowners and community groups allege the company engages in predatory lending and aggressive foreclosing.