OCN - Ocwen Financial Corporation

NYSE - NYSE Delayed Price. Currency in USD
2.44
-0.14 (-5.43%)
At close: 4:02PM EST
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Previous Close2.58
Open2.53
Bid2.21 x 900
Ask3.29 x 1800
Day's Range2.31 - 2.60
52 Week Range2.31 - 4.84
Volume2,724,507
Avg. Volume1,558,259
Market Cap326.745M
Beta (3Y Monthly)-0.14
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1999-08-26
1y Target EstN/A
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents6 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 Press13 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. ...

  • Pa. borrowers to receive restitution payments connected to PHH $45M settlement
    American City Business Journals20 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.

  • Ocwen closes $360M PHH acquisition
    American City Business Journalslast 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.

  • PHH, Ocwen to close $360 million deal Thursday morning
    American City Business Journals2 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.

  • MarketWatch2 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's2 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's2 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 StreetEvents4 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 Press4 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. ...

  • CNBC4 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.

  • Wilbur Ross says he shorted two more stocks during his time as Commerce secretary
    CNBC5 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.

  • Is Ocwen Financial Corporation (NYSE:OCN) Undervalued?
    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...

  • CNBC5 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's5 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.

  • Ocwen Financial (OCN) Up 1.8% Since Earnings Report: Can It Continue?
    Zacks6 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.

  • Top Ranked Momentum Stocks to Buy for May 23rd
    Zacks6 months ago

    Top Ranked Momentum Stocks to Buy for May 23rd

    Top Ranked Momentum Stocks to Buy for May 23rd

  • Moody's7 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.

  • The Simple Thing That Made Ocwen Shareholders Happy
    Motley Fool7 months ago

    The Simple Thing That Made Ocwen Shareholders Happy

    Find out the latest from the mortgage servicing specialist.

  • Thomson Reuters StreetEvents7 months ago

    Edited Transcript of OCN earnings conference call or presentation 2-May-18 12:30pm GMT

    Q1 2018 Ocwen Financial Corp Earnings Call

  • Ocwen (OCN) Stock Up 5.1% on Q1 Earnings Beat, Costs Down
    Zacks7 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 Press7 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's7 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 ...