Filing Details

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

CUSIP No. 675746309

1.

Names of Reporting Persons
D. John Devaney

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

x

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
United States of America

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
2,891,874

6.

Shared Voting Power
12,373,755

7.

Sole Dispositive Power
2,891,874

8.

Shared Dispositive Power
12,373,755

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
12,373,755

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
9.98%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 675746309

1.

Names of Reporting Persons
United Aviation Holdings, Inc.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

x

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
Florida

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
4,000,173

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
4,000,173

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
4,000,173

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
3.23%

12.

Type of Reporting Person (See Instructions)
CO

CUSIP No. 675746309

1.

Names of Reporting Persons
United Capital Markets Holdings, Inc.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

x

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
Florida

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
4,000,173

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
4,000,173

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
4,000,173

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
3.23%

12.

Type of Reporting Person (See Instructions)
CO

CUSIP No. 675746309

1.

Names of Reporting Persons
United Real Estate Ventures, Inc.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

x

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
Florida

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
5,481,708

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
5,481,708

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,481,708

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
4.42%

12.

Type of Reporting Person (See Instructions)
CO

Item 1.

(a)

Name of Issuer

Ocwen Financial Corporation (Ocwen)

(b)

Address of Issuers Principal Executive Offices

1661 Worthington Road, Suite 100

West Palm Beach, FL 33409

Item 2.

(a)

Name of Person Filing

1.              D. John Devaney (Devaney)

2.              United Aviation Holdings, Inc. (UAHI)

3.              United Capital Markets Holding, Inc. (UCMHI)

4.              United Real Estate Ventures, Inc. (UREVI)

(b)

Address of Principal Business Office or, if none, Residence

1.-4.:      240 Crandon Boulevard

Suite 167

Key Biscayne, FL 33149

(c)

Citizenship
1.              United States of America

2.              Incorporated in Florida

3.              Incorporated in Florida

4.              Incorporated in Florida

(d)

Title of Class of Securities
Common Stock, par value $0.01 per share

(e)

CUSIP Number
675746309

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

o

A non-U.S. institution in accordance with § 240.13d1(b)(1)(ii)(J);

(k)

o

Group, in accordance with § 240.13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with

§ 240.13d1(b)(1)(ii)(J), please specify the type of institution:____________________________

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount beneficially owned  as of April 24, 2017:   

UCMHI is the beneficial owner of 4,000,173 shares of Ocwen indirectly through UAHI, a wholly-owned subsidiary of UCMHI.  Devaney controls UREVI and UCMHI and therefore may be deemed to be the beneficial owner of the 9,481,881 shares of Ocwen owned directly and indirectly by UREVI and UCMHI.  Devaney may also be deemed to be the beneficial owner of 2,891,874 shares of Ocwen controlled personally and through retirement accounts.  All figures are as of April 24, 2017.  Percentages are based on 124,025,511 shares of common stock outstanding as of March 28, 2017, as reported in the Schedule 14A filed by Ocwen on April 10, 2017.  On April 20, 2017 and April 21, 2017, Mr. Devaneys beneficial ownership temporarily exceeded 10% of the common stock outstanding.

As of April 24, 2017:

Devaney:    12,373,755

UAHI:        4,000,173

UCMHI:     4,000,173

UREVI:      5,481,708

(b)

Percent of class:   

As of April 24, 2017:

Devaney:      2.33%

UAHI:          3.23%

UCMHI:       3.23%

UREVI:        4.42%

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote:   

As of April 24, 2017:Devaney:    2,891,874

UAHI:        0

UCMHI:     0

UREVI:      0

(ii)

Shared power to vote or to direct the vote:    

As of April 24, 2017:

Devaney:    12,373,755

UAHI:        4,000,173

UCMHI:     4,000,173

UREVI:      5,481,708

(iii)

Sole power to dispose or to direct the disposition of:   

As of April 24, 2017:

Devaney:    2,891,874

UAHI:        0

UCMHI:     0

UREVI:      0

(iv)

Shared power to dispose or to direct the disposition of:   

As of April 24, 2017:

Devaney:    12,373,755

UAHI:        4,000,173

UCMHI:     4,000,173

UREVI:      5,481,708

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   o

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

See Item 4(a) above.

Item 8.

Identification and Classification of Members of the Group

Not applicable.

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

D. JOHN DEVANEY

Date:

May1, 2017

/s/ D. John Devaney

UNITED AVIATION HOLDINGS, INC.

Date:

May 1, 2017

By:

/s/ D. John Devaney

Title:

Chief Executive Officer

UNITED CAPITAL MARKETS HOLDINGS, INC.

Date:

May1, 2017

By:

/s/ D. John Devaney

Title:

Chief Executive Officer

UNITED REAL ESTATE VENTURES, INC.

Date:

May 1, 2017

By:

/s/ D. John Devaney

Title:

Chief Executive Officer

ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).