WEST PALM BEACH, Fla. (AP) _ Ocwen Financial Corporation (OCN) on Tuesday reported a first-quarter loss of $44.5 million, after reporting a profit in the same period a year earlier.
The West Palm Beach, Florida-based company said it had a loss of 33 cents per share.
The mortgage servicer posted revenue of $303.9 million in the period.
The company's shares closed at $1.73. A year ago, they were trading at $4.69.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCN at https://www.zacks.com/ap/OCN