Previous Close | 0.0500 |
Open | 0.0500 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 2.00 |
Expire Date | 2020-01-17 |
Day's Range | 0.1000 - 0.1000 |
Contract Range | N/A |
Volume | 1 |
Open Interest | 5.81k |
Ocwen Financial Corporation's (NYSE:OCN): Ocwen Financial Corporation, a financial services holding company, originates...
Q3 2019 Ocwen Financial Corp Earnings Call
Ocwen Financial (NYSE: OCN) management said the company is taking steps toward profitability, despite losing millions in the third quarter of 2019. "I continue to be encouraged by our high level of execution relative to our plans to improve financial performance and strengthen our long-term competitiveness," Ocwen president and CEO Glen A. Messina said in a statement. "Our entire organization is highly engaged in efforts to achieve and sustain a highly competitive cost structure and return to profitability.” In a phone call with shareholders, Messina said a volatile and uncertain interest rate environment led to a decline in mortgage refinances.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]
Reported a Net Loss of $42.8 million for the third quarter of 2019Realized annualized run rate cost savings ahead of our expectations through the third quarter and are.
Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”) will hold a conference call on Tuesday, November 5, 2019 at 8:30 a.m. (ET) to review the Company’s third quarter 2019 operating results. The release will also be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page). A live audio webcast and slide presentation for the call will be available at www.ocwen.com (through a link on the Shareholder Relations page).
PHH Mortgage, a subsidiary of Ocwen Financial Corporation (OCN) and a leading mortgage servicer and provider of mortgage lending solutions, announced today the expansion of its correspondent lending channel after a successful launch in June of this year. Leveraging over 30 years of mortgage origination and servicing expertise with a commitment to delivering exceptional customer service and support, PHH Mortgage is expanding its correspondent lending partnerships across the nation.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the ruling issued on September 30, 2019 by the United States District Court for the Southern District of Florida on the Company’s motion to dismiss the complaint of the Florida Office of Financial Regulation and the Florida Attorney General (“Florida”). The Court granted in part Ocwen’s motion to dismiss and provided Florida until October 19, 2019 to file an amended complaint. “We are pleased that the district court dismissed three counts from the Florida case entirely and dismissed all of Florida’s remaining claims without prejudice.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Altisource S.a.r.l. New York, September 20, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Altisource S.a.r.l. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
WEST PALM BEACH, Fla., Sept. 19, 2019 -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, received the.
Moody's Investors Service ("Moody's") has affirmed Ocwen Loan Servicing, LLC's (OLS) B2 senior secured term loan and Caa2 senior secured debt ratings. In the same rating action, Moody's has assigned a Caa1 corporate family rating and a negative outlook to PHH Mortgage Corporation (PMC) and withdrawn the Caa1 corporate family rating of Ocwen Financial Corporation (Ocwen) and the relevant stable outlook.
Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the ruling issued on September 5, 2019 by the United States District Court for the Southern District of Florida on the Company’s motion to dismiss the complaint of the Consumer Financial Protection Bureau (“CFPB”). The Court granted in part Ocwen’s motion to dismiss and provided the CFPB until September 27, 2019 to file an amended complaint. “We are pleased that the district court has decided to dismiss the CFPB’s complaint without prejudice.
Insiders invest in Tenneco, Ocwen Financial and Southwestern Energy Continue reading...
President & CEO of Ocwen Financial Corp (30-Year Financial, Insider Trades) Glen A. Messina (insider trades) bought 132,000 shares of OCN on 08/12/2019 at an average price of $1.5 a share. Continue reading...
Q2 2019 Ocwen Financial Corp Earnings Call
OCN earnings call for the period ending June 30, 2019.
Reported a Net Loss of $89.7 million which was impacted by significant pre-tax items: $40.7 million of unfavorable interest rate and valuation assumption driven fair value.
Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”) will hold a conference call on Tuesday, August 6, 2019 at 8:30 a.m. (ET) to review the Company’s second quarter 2019 operating results. The release will also be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page). A live audio webcast and slide presentation for the call will be available at www.ocwen.com (through a link on the Shareholder Relations page).
Moody's Investors Service ("Moody's") has affirmed Altisource S.a.r.l.'s (Altisource) B3 Corporate Family and Senior Secured Bank Credit Facility Ratings. The outlook for Altisource was revised to stable from positive. As part of the same rating action, Moody's has withdrawn the outlooks on Altisource's Long-Term Corporate Family rating and Senior Secured Bank Credit Facility rating for its own business reasons.
Over the last month the Ocwen Financial Corporation (NYSE:OCN) has been much stronger than before, rebounding by 34...
WEST PALM BEACH, Fla., June 24, 2019 -- PHH Mortgage, a subsidiary of Ocwen Financial Corporation and a leading mortgage servicer, is partnering with the NAACP and NID Housing.
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”) announced today that it has completed the final phase of its loan transfer process and transition from REALServicing to the Black Knight LoanSphere® MSP platform (“MSP”). In total, the Company transferred approximately one million loans to the MSP platform. In addition to the loan transfers and system conversion to MSP, Ocwen completed the merger of its licensed legal entity, Ocwen Loan Servicing, into PHH Mortgage Corporation.