OCN - Ocwen Financial Corporation

NYSE - NYSE Delayed Price. Currency in USD
1.9900
+0.0100 (+0.51%)
At close: 4:02PM EDT
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Previous Close1.9800
Open1.9400
Bid1.9400 x 2200
Ask0.0000 x 900
Day's Range1.9300 - 2.0500
52 Week Range1.2000 - 4.2700
Volume612,537
Avg. Volume428,192
Market Cap267.846M
Beta (3Y Monthly)1.88
PE Ratio (TTM)N/A
EPS (TTM)-1.3260
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1999-08-26
1y Target Est2.50
Trade prices are not sourced from all markets
  • American City Business Journals

    CPFB given deadline to amend lawsuit against Ocwen Financial

    The U.S. Consumer Financial Protection Bureau has until the end of the month to file an amended complaint against West Palm Beach-based mortgage services provider Ocwen Financial Corp. U.S. District Judge Kenneth A. Marra granted Ocwen's motion to dismiss the CFPB's complaint Sept. 5. The U.S. District Court for the Southern District of Florida gave the CFPB until Sept. 27 to file an amended complaint.

  • Moody's

    Ocwen Financial Corporation -- Moody's affirms Ocwen's ratings; assigns negative outlook

    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Moody's has assigned a Caa1 corporate family rating and a negative outlook to PHH Mortgage Corporation (PMC) and withdrawn the Caa1 corporate family rating of Ocwen Financial Corporation (Ocwen) and the relevant stable outlook.

  • GlobeNewswire

    Ocwen Financial Corporation Comments on Court Ruling Related to Motion to Dismiss CFPB Complaint

    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.

  • GuruFocus.com

    Weekly CFO Buys Highlight

    Insiders invest in Tenneco, Ocwen Financial and Southwestern Energy Continue reading...

  • GuruFocus.com

    Ocwen Financial Corp (OCN) President & CEO Glen A. Messina Bought $198,000 of Shares

    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...

  • Thomson Reuters StreetEvents

    Edited Transcript of OCN earnings conference call or presentation 6-Aug-19 12:30pm GMT

    Q2 2019 Ocwen Financial Corp Earnings Call

  • Ocwen Financial (OCN) Q2 2019 Earnings Call Transcript
    Motley Fool

    Ocwen Financial (OCN) Q2 2019 Earnings Call Transcript

    OCN earnings call for the period ending June 30, 2019.

  • GlobeNewswire

    Ocwen Financial Announces Operating Results for Second Quarter 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.

  • GlobeNewswire

    Ocwen Financial Schedules Conference Call – Second Quarter 2019 Results

    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

    Altisource S.a.r.l. -- Moody's affirms Altisource's B3 ratings, revises outlook to stable

    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.

  • Imagine Owning Ocwen Financial (NYSE:OCN) And Trying To Stomach The 94% Share Price Drop
    Simply Wall St.

    Imagine Owning Ocwen Financial (NYSE:OCN) And Trying To Stomach The 94% Share Price Drop

    Over the last month the Ocwen Financial Corporation (NYSE:OCN) has been much stronger than before, rebounding by 34...

  • GlobeNewswire

    PHH Mortgage Partners With the NAACP and NID to Host “Help and Hope for Homeowners” Event

    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.

  • Here’s What Hedge Funds Think About Ocwen Financial Corporation (OCN)
    Insider Monkey

    Here’s What Hedge Funds Think About Ocwen Financial Corporation (OCN)

    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. […]

  • GlobeNewswire

    Ocwen Financial Announces Updates on Key Business Initiatives

    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.

  • Thomson Reuters StreetEvents

    Edited Transcript of OCN earnings conference call or presentation 7-May-19 12:30pm GMT

    Q1 2019 Ocwen Financial Corp Earnings Call

  • Ocwen Financial (OCN) Q1 2019 Earnings Call Transcript
    Motley Fool

    Ocwen Financial (OCN) Q1 2019 Earnings Call Transcript

    OCN earnings call for the period ending March 31, 2019.

  • Associated Press

    Ocwen: 1Q Earnings Snapshot

    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, ...

  • GlobeNewswire

    Ocwen Financial Announces Operating Results for First Quarter 2019

    Reported a Net Loss of $44 million for the first quarter of 2019Closed or have been awarded MSRs to date with current UPB of $31 billion On track to complete servicing system.

  • Moody's

    New Residential Mortgage Loan Trust 2016-1 -- Moody's: Servicing transfer to PMC from OLS due to Merger has no negative ratings impact on 192 RMBS

    Moody's Investors Service ("Moody's") stated today that the proposed transfer of mortgage servicing (master, primary, or sub-servicing) to PHH Mortgage Corporation ("PMC"), an affiliate of Ocwen Financial Corporation, from Ocwen Loan Servicing, LLC ("OLS"), another affiliate of Ocwen Financial Corporation, for approximately 192 transactions (approximately 74,000 loans) due to the proposed merger of OLS into PMC, will not, in and of itself and at this time, result in a downgrade or withdrawal of the current ratings on the bonds in the affected transactions. Ocwen Financial Corporation requested that Moody's provide its opinion on whether the ratings on the bonds backed by mortgage loans subject to the merger would be downgraded or withdrawn as a result of the proposed change in the servicer of record to PMC due to the merger with OLS.

  • GlobeNewswire

    Ocwen Financial Schedules Conference Call – First Quarter 2019 Results

    Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”) will hold a conference call on Tuesday, May 7, 2019 at 8:30 a.m. (ET) to review the Company’s first 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).

  • How Much Of Ocwen Financial Corporation (NYSE:OCN) Do Insiders Own?
    Simply Wall St.

    How Much Of Ocwen Financial Corporation (NYSE:OCN) Do Insiders Own?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Every investor in Ocwen Financial Corporation (NYSE:OCN) should be aware of the most powerful shareho...

  • GlobeNewswire

    Ocwen Financial Awarded Top Servicing Performance Ratings From Fannie Mae for 2018

    WEST PALM BEACH, Fla., April 16, 2019 -- Ocwen Financial Corporation (NYSE:OCN) (“Ocwen” or the “Company”), a leading financial services holding company, announced today that.

  • GlobeNewswire

    Ocwen Financial Corporation Comments on Settlement With Massachusetts Office of the Attorney General

    Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”), a leading financial services holding company, today issued the following statement in conjunction with the resolution of the lawsuit filed against the Company by the Massachusetts Office of the Attorney General in April 2017. While Ocwen believes that it has sound legal and factual defenses, we concluded that settling this matter in order to avoid the distraction and expense of litigation is in the best interest of Ocwen and its constituents, and resolves another legacy matter. The resolution includes a payment to the Commonwealth of Massachusetts of $675,000, a loan modification program for certain eligible Massachusetts borrowers and certain already-completed relief.

  • Moody's

    Moody's: PMC appointed subservicer to OLS has no negative ratings impact on 158 RMBS transactions

    Moody's Investors Service ("Moody's") stated today that the appointment of PHH Mortgage Corporation ("PMC"), an affiliate of Ocwen Financial Corporation, as subservicer to Ocwen Loan Servicing, LLC ("OLS"), another affiliate of Ocwen Financial Corporation, for 158 transactions (approximately 87,000 loans) will not, in and of itself and at this time, result in a downgrade or withdrawal of the current ratings on the bonds in the affected transactions. For a list of transactions affected by this announcement, please click on the following link.

  • Exclusive: Ocwen closing Fort Washington facility, 125 employees impacted
    American City Business Journals

    Exclusive: Ocwen closing Fort Washington facility, 125 employees impacted

    The company said some affected employees will be laid off while others will transfer to its Mount Laurel, N.J. location.