OCN - Ocwen Financial Corporation
| Previous Close | 2.58 |
| Open | 2.53 |
| Bid | 2.21 x 900 |
| Ask | 3.29 x 1800 |
| Day's Range | 2.31 - 2.60 |
| 52 Week Range | 2.31 - 4.84 |
| Volume | 2,724,507 |
| Avg. Volume | 1,558,259 |
| Market Cap | 326.745M |
| Beta (3Y Monthly) | -0.14 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 1999-08-26 |
| 1y Target Est | N/A |
- Thomson Reuters StreetEvents•6 days ago
Edited Transcript of OCN earnings conference call or presentation 6-Nov-18 1:30pm GMT
Q3 2018 Ocwen Financial Corp Earnings Call
- Associated Press•13 days ago
Ocwen: 3Q Earnings Snapshot
On a per-share basis, the West Palm Beach, Florida-based company said it had a loss of 31 cents. The mortgage servicer posted revenue of $238.3 million in the period. The company's shares closed at $3.81. ...
- American City Business Journals•20 days ago
Pa. borrowers to receive restitution payments connected to PHH $45M settlement
The settlement with state attorneys general over mortgage servicing issues provides an estimated $1.2 million for Pennsylvanians.
- American City Business Journals•last month
Ocwen closes $360M PHH acquisition
Ocwen Financial Corp. has closed its previously announced $360 million acquisition of South Jersey mortgage company PHH Corp. The deal, announced Feb. 27, ends a rocky post-recession road for PHH, which delisted its stock from the New York Stock Exchange and becomes an Ocwen subsidiary. In 2017, the combined company originated more than $3 billion of residential mortgage loans including reverse mortgages. In conjunction with the closing, former PHH CEO Glen Messina has become president and CEO of the combined company.
- American City Business Journals•2 months ago
PHH, Ocwen to close $360 million deal Thursday morning
The deal, announced in February, combines two mortgage companies that had been struggling with financial and regulatory issues in recent years.
- MarketWatch•2 months ago
SEC charges executive of mortgage servicer with insider trading
The Securities and Exchange Commission charged Bryan R. Ziegenfuse, a vice president of Servicing for Ocwen Financial Corporation, a mortgage servicing company with multiple instances of insider trading on Friday. The SEC's complaint, filed in federal court in Pennsylvania, says Ziegenfuse learned material non-public information about Ocwen's merger negotiations with PHH Corporation and also about Ocwen's resolution of lawsuits brought by ten states regarding deficiencies in its mortgage lending and servicing units. He also became aware of a prospective enforcement action against the company by the Consumer Financial Protection Bureau. Ziegenfuse allegedly gained approximately $64,000 in illegal profits after trading in the shares and call options of PHH, Ocwen and an Ocwen business partner Altisource Portfolio Solutions based on his awareness of this confidential information. The SEC is seeking return of al of Ziegenfuse's alleged illegal profits.
- Moody's•2 months ago
PHH Mortgage Corporation -- Moody's Assigns an SQ3 to PHH Mortgage as a Servicer of Prime, Subprime, Second Lien and as a Special Servicer
Moody's Investors Service ("Moody's") has assigned PHH Mortgage Corporation (PHH) a servicer quality assessment of SQ3 as a Primary Servicer of Prime, Subprime, Second Lien residential mortgage loans and as a Special Servicer. The assessment is based on the company's average collection, loss mitigation and foreclosure and REO timeline management, above average loan administration and below average servicing stability. PHH Corporation, through its subsidiary PHH Mortgage, is one of the largest sub-servicers of residential mortgages in the United States.
- Moody's•2 months ago
Ocwen Financial Corporation -- Moody's revises Ocwen's outlook to stable
Moody's Investors Service, ("Moody's") revised the outlooks for Ocwen Financial Corporation and Ocwen Loan Servicing LLC to stable from negative, and affirmed Ocwen Financial Corporation's Caa1 corporate family rating and Caa2 senior unsecured rating, as well as Ocwen Loan Servicing LLC's B3 senior secured bank credit facility rating and Caa2 senior secured rating. Ocwen Loan Servicing LLC is a wholly-owned subsidiary of Ocwen Financial Corporation (together "Ocwen").
- Thomson Reuters StreetEvents•4 months ago
Edited Transcript of OCN earnings conference call or presentation 26-Jul-18 12:30pm GMT
Q2 2018 Ocwen Financial Corp Earnings Call
- Associated Press•4 months ago
Ocwen: 2Q Earnings Snapshot
On a per-share basis, the West Palm Beach, Florida-based company said it had a loss of 22 cents. The mortgage servicer posted revenue of $253.6 million in the period. The company's shares closed at $3.70. ...
- CNBC•4 months ago
US Commerce Secretary Wilbur Ross says he will sell all of his stocks after ethics office letter
U.S. Commerce Secretary Wilbur Ross said in a statement Thursday evening that he would be selling all of his equity holdings and buying Treasury securities with the proceeds. "As a high level public official, you have an affirmative duty to protect the public trust and serve as a model of ethical behavior.
- CNBC•5 months ago
Wilbur Ross says he shorted two more stocks during his time as Commerce secretary
Wilbur Ross revealed to CNBC that he shorted shares in two more companies, Air Lease and Ocwen Financial Corporation, than previously had been reported.
- Simply Wall St.•5 months ago
Is Ocwen Financial Corporation (NYSE:OCN) Undervalued?
Ocwen Financial Corporation (NYSE:OCN), operating in the financial services industry based in United States, saw significant share price volatility over the past couple of months on the NYSE, rising toRead More...
- CNBC•5 months ago
Stocks making the biggest moves premarket: GE, LEN, FDS, HOG, VALE & more
GE announced plans to spin off its health-care unit , selling 20 percent and distributing the rest to shareholders, and it will also exit its stake in Baker Hughes BHI over the next two to three years. Today is also the first time since 1907 that the Dow Jones Industrial Average will trade without GE as a member, with the stock replaced in the Dow by Walgreens Boots Alliance WBA .
- Moody's•5 months ago
Ocwen Loan Servicing, LLC -- Moody's rates Ocwen's senior secured bank credit facility B3
Moody's Investors Service, ("Moody's") assigned a B3 rating to Ocwen Loan Servicing LLC's senior secured bank credit facility due 2024. Ocwen Financial Corporation's Caa1 corporate family rating, Caa2 senior secured rating, Caa2 senior unsecured rating and negative rating outlook are unchanged by the new transaction. Ocwen Loan Servicing LLC is a wholly-owned subsidiary of Ocwen Financial Corporation.
- Zacks•6 months ago
Ocwen Financial (OCN) Up 1.8% Since Earnings Report: Can It Continue?
Ocwen Financial (OCN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Zacks•6 months agoTop Ranked Momentum Stocks to Buy for May 23rd
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- Moody's•7 months ago
New Residential Mortgage Loan Trust 2018-2 -- Moody's assigns definitive ratings to New Residential Mortgage Loan Trust 2018-2
Moody's Investors Service has assigned definitive ratings to 31 classes of notes issued by New Residential Mortgage Loan Trust 2018-2 ("NRMLT 2018-2"). The NRMLT 2018-2 transaction is a $426.0 million securitization of first lien, seasoned performing and re-performing mortgage loans with weighted average seasoning of 164 months, a weighted average updated LTV ratio of 57.4% and a weighted average updated FICO score of 692. Nationstar Mortgage LLC (Nationstar Mortgage), Ocwen Loan Servicing, LLC (Ocwen), Wells Fargo Bank, N.A. (Wells Fargo), PNC Mortgage, Specialized Loan Servicing LLC (SLS), New Penn Financial, LLC d/b/a Shellpoint Mortgage Servicing (Shellpoint), and Fay Servicing, LLC (Fay) will act as primary servicers.
- Motley Fool•7 months ago
The Simple Thing That Made Ocwen Shareholders Happy
Find out the latest from the mortgage servicing specialist.
- Thomson Reuters StreetEvents•7 months ago
Edited Transcript of OCN earnings conference call or presentation 2-May-18 12:30pm GMT
Q1 2018 Ocwen Financial Corp Earnings Call
- Zacks•7 months ago
Ocwen (OCN) Stock Up 5.1% on Q1 Earnings Beat, Costs Down
Ocwen (OCN) Q1 results benefit from lower expenses. However, fall in revenues acts as a headwind.
- Associated Press•7 months ago
Ocwen: 1Q Earnings Snapshot
The West Palm Beach, Florida-based company said it had net income of 2 cents per share. The mortgage servicer posted revenue of $260.3 million in the period. The company's shares closed at $4.14. A year ...
- Moody's•7 months ago
Moody's assigns provisional ratings to New Residential Mortgage Loan Trust 2018-2
Moody's Investors Service has assigned provisional ratings to 31 classes of notes issued by New Residential Mortgage Loan Trust 2018-2 ("NRMLT 2018-2"). The NRMLT 2018-2 transaction is a $426.0 ...
