16NW Barclays.27

RNS Number:4226W
Ocwen Mortgage Loans 3 PLC
27 December 2000


To:   Company Announcements Office

Amendment.

As Agent Bank, please be advised of the following rate determined on the
15-Dec-2000.

Issue:             OCWEN MORTGAGE LOANS 3 PLC - CLASS S
                   #2,500,000 MORTGAGE BACKED FRN DUE MAY 2031

ISIN NO:           XS0098004848              
Issue Nominal GBP: 2,500,000.00
Period:            15-DEC-2000    To   15-JAN-2001     Payment Date    N/A
Number of Days:
Rate:                                    
Denomination GBP:  NIL
Amount Payable
Per Denomination:  NIL

From:
Steven Coutts                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services      Facsimile 44 (0) 1202 34 7438

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