|Bid||3.55 x 3000|
|Ask||4.73 x 800|
|Day's Range||4.17 - 4.31|
|52 Week Range||2.66 - 4.84|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.50|
Homeowners are invited to join NJCA, Ocwen, and the NJ NAACP for a complimentary dinner and an informative presentation on how NJCA's free HUD-certified Loan Counseling Program can help homeowners, who are having difficulty paying their mortgages, find the right mortgage solution. The event is exclusively for Ocwen customers and will include information regarding state and local resources that may assist borrowers with making their mortgages more affordable.
Bill Erbey, founder and former chairman of Ocwen Financial, has claimed Ocwen was subject to a smear campaign led by Pimco and BlackRock. The allegation was not made by Ocwen itself, as wrongly stated ...
and BlackRock have been accused of accelerating foreclosure action against struggling American subprime borrowers in the aftermath of the financial crisis. The allegation comes from Bill Erbey, founder of Ocwen Financial, the biggest subprime mortgage servicing company in the US, who is pursuing a legal action against the two asset management giants in the US Virgin Islands. In an action for unspecified damages filed earlier this year in St Croix, Erbey Holding Corporation and related entities claim a “covert criminal conspiracy” was perpetrated with the “specific intent and purpose of gouging enormous profits from the forced foreclosures and confiscation of the homes of hundreds of thousands of struggling families all across the United States”.
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 $3.70. ...
Reported a Q2 2018 net loss of$ million, a $15 million improvement over Q2 2017 Generated $97 million of Cash Flows from Operating Activities during the quarter Helped over 10,700 struggling families remain ...
Ocwen Financial Corporation (OCN) will hold a conference call on Thursday, July 26, 2018 at 8:30 a.m. (ET) to review the Company’s 2nd Quarter 2018 operating results. These events will follow Ocwen’s 2nd Quarter 2018 earnings release. The release will also be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page). For more information on prior releases and SEC Filings, please refer to the "Shareholder Relations" section of our website at www.ocwen.com.
LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want a free Stock Review on ALLY sign up now at www.wallstequities.com/registration. Companies in the Mortgage Investment industry focus primarily on investing in mortgaged-backed securities and other real estate activities. Many companies within this industry are organized as real estate investment trusts, which results in a high-average dividend yield for the sector.
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 revealed to CNBC that he shorted shares in two more companies, Air Lease and Ocwen Financial Corporation, than previously had been reported.
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...
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 .
WEST PALM BEACH, Fla., June 25, 2018-- Ocwen Financial Corporation, a leading financial services holding company, today announced that as part of its ongoing efforts to reduce costs, Ocwen has determined ...
Ocwen Financial Corporation (OCN), a leading financial services holding company, will again join forces with the NAACP to host a borrower outreach event in Philadelphia, PA to help families having trouble making their mortgage payments. The event, which is part of Ocwen’s “Help & Hope for Homeowners” initiative with the NAACP, is designed exclusively for Ocwen customers and will be held from 9:00am – 3:00pm Eastern Time on Saturday, June 23, 2018, at Bright Hope Baptist Church, located at 12th Street & Cecil B. Moore Avenue in Philadelphia near Temple University. Homeowners who attend the event will meet one-on-one with Ocwen Home Retention Agents and U.S. Department of Housing and Urban Development-approved counseling agencies to discuss their unique situations and to receive information about potential options to lower their mortgage payments.
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.
NEW YORK, June 18, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Opus ...
Ocwen Financial Corporation (OCN), a leading financial services holding company, will join Neighborhood Housing Services of New York City, Inc., Community Housing Innovations, and Neighborhood Housing Services of Brooklyn for three upcoming borrower outreach events in the New York metropolitan area to help families having trouble making their mortgage payments. The events are in response to the success of similar events held earlier in 2018, where Ocwen met with New York metropolitan area homeowners to help them find mortgage solutions to better afford their homes.
Ocwen Financial (OCN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”), a leading financial services holding company, today announced that Executive Vice President and Chief Financial Officer (“CFO”) Michael Bourque has made the decision to resign to accept a position with another financial services company. Mr. Bourque’s resignation is not due to any disagreement with Ocwen relating to the Company’s operations, policies, or practices.
Stock Research Monitor: AI, ESNT, and OCN LONDON, UK / ACCESSWIRE / May 24, 2018/ If you want a free Stock Review on SC sign up now at www.wallstequities.com/registration . On Wednesday, benchmark US indices ...
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.