Last updated: 30 May 2024 at 4:21pm EST

DeForest Soaries Net Worth




The estimated Net Worth of De Forest B. Jr. Soaries is at least $894 Thousand dollars as of 1 January 2023. DeForest Soaries owns over 1,326 units of Ocwen stock worth over $682,226 and over the last 11 years he sold OCN stock worth over $0. In addition, he makes $212,000 as Independent Director at Ocwen.

DeForest Soaries OCN stock SEC Form 4 insiders trading

DeForest has made over 5 trades of the Ocwen stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 1,326 units of OCN stock worth $33,256 on 1 January 2023.

The largest trade he's ever made was buying 5,000 units of Ocwen stock on 27 August 2020 worth over $94,650. On average, DeForest trades about 266 units every 98 days since 2013. As of 1 January 2023 he still owns at least 27,202 units of Ocwen stock.

You can see the complete history of DeForest Soaries stock trades at the bottom of the page.





DeForest Soaries biography

Dr. DeForest Blake Soaries Jr. serves as Independent Director of the Company. Dr. Soaries has served as a director of Ocwen since January 2015. Dr. Soaries has served as Senior Pastor of First Baptist Church of Lincoln Gardens since 1990. He formerly served as New Jersey Secretary of State from 1999 to 2002 and as Chair of the United States Election Assistance Commission from 2004 to 2005. Dr. Soaries was a director of New Era Bank from 1996 to 1998. He currently serves as an independent director at Independence Realty Trust, a publicly traded real estate investment trust, a position he has held since February 2011 and is Chair of the Compensation Committee. Dr. Soaries has also served as an independent director of the Federal Home Loan Bank of New York since January 2009, where he is Chair of the Compensation and Human Resources Committee and also serves as a member of the Technology Committee and the Housing Committee. Dr. Soaries earned a Bachelor of Arts from Fordham University, a Master of Divinity from Princeton Theological Seminary and a Doctor of Ministry from United Theological Seminary.

What is the salary of DeForest Soaries?

As the Independent Director of Ocwen, the total compensation of DeForest Soaries at Ocwen is $212,000. There are 15 executives at Ocwen getting paid more, with Glen Messina having the highest compensation of $8,353,360.



How old is DeForest Soaries?

DeForest Soaries is 68, he's been the Independent Director of Ocwen since 2015. There are 2 older and 21 younger executives at Ocwen. The oldest executive at Ocwen Financial Corp. is Jenne Britell, 77, who is the Independent Director.

What's DeForest Soaries's mailing address?

De's mailing address filed with the SEC is 1661 WORTHINGTON ROAD, SUITE 100, , WEST PALM BEACH, FL, 33409.

Insiders trading at Ocwen

Over the last 22 years, insiders at Ocwen have traded over $317,056,930 worth of Ocwen stock and bought 4,113,532 units worth $12,308,385 . The most active insiders traders include Wilbur L Jr Ross, Leon G Cooperman, and John Devaney. On average, Ocwen executives and independent directors trade stock every 27 days with the average trade being worth of $3,303,738. The most recent stock trade was executed by James Andrew Peach on 3 April 2024, trading 742 units of OCN stock currently worth $18,609.



What does Ocwen do?

helping homeowners is what we do!® consider joining us to help fulfill our mission of helping homeowners. as an ocwen team member, your mission is to delight the customers or co-workers you serve through caring service and innovative solutions. our talented, diverse team members are dedicated to helping the homeowners and investors we serve. as an industry leader in foreclosure prevention and loss mitigation, ocwen has completed over 776,700 loan modifications, over 318,000 home affordable modification program (hamp) sponsored modifications, 49% more than the next highest servicer. each team member, regardless of their role, is proud of ocwen’s focus on helping families stay in their homes and improving financial outcomes for investors. ocwen financial corporation is a financial services holding company which, through our subsidiaries, is one of the largest mortgage companies in the united states. our primary business is mortgage loan servicing and origination. homeward residentia



Complete history of DeForest Soaries stock trades at Ocwen, Independence Realty Trust, and Independence Realty Trust Inc

Insider
Trans.
Transaction
Total value
De Forest B. Jr. Soaries
Director
Option $40,549
1 Jan 2023
De Forest B. Jr. Soaries
Director
Buy $94,650
27 Aug 2020
De Forest B. Jr. Soaries
Director
Buy $9,380
6 Feb 2015
De Forest B. Jr. Soaries
Director
Buy $8,500
16 Aug 2013
De Forest B. Jr. Soaries
Director
Buy $8,500
16 Aug 2013


Ocwen executives and stock owners

Ocwen executives and other stock owners filed with the SEC include: