OCN - Ocwen Financial Corporation

NYSE - NYSE Delayed Price. Currency in USD
1.6500
+0.0400 (+2.48%)
At close: 4:02PM EDT
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Previous Close1.6100
Open1.6000
Bid1.5600 x 1400
Ask1.7900 x 1800
Day's Range1.6000 - 1.7300
52 Week Range1.2000 - 4.7000
Volume289,805
Avg. Volume441,923
Market Cap221.824M
Beta (3Y Monthly)1.50
PE Ratio (TTM)N/A
EPS (TTM)-0.8800
Earnings DateJul 24, 2019 - Jul 29, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1999-08-26
1y Target Est3.00
Trade prices are not sourced from all markets
  • GlobeNewswire7 days ago

    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 StreetEvents15 days ago

    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 Foollast month

    Ocwen Financial (OCN) Q1 2019 Earnings Call Transcript

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

  • Associated Presslast month

    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, ...

  • GlobeNewswirelast month

    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'slast month

    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.

  • GlobeNewswire2 months ago

    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.2 months ago

    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...

  • GlobeNewswire2 months ago

    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.

  • GlobeNewswire3 months ago

    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's3 months ago

    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 Journals3 months ago

    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.

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of OCN earnings conference call or presentation 27-Feb-19 1:30pm GMT

    Q4 2018 Ocwen Financial Corp Earnings Call

  • Moody's4 months ago

    Ameriquest Mortgage Securities Inc., Series 2005-R11 -- Moody's: Servicing transfer to PMC from HRI due to Merger has no negative ratings impact on 39 RMBS

    Moody's Investors Service ("Moody's") stated today that the proposed transfer of mortgage servicing rights (master, primary, or sub-servicing) from Homeward Residential, Inc. ("HRI"), an affiliate of Ocwen Financial Corporation, to PHH Mortgage Corporation ("PMC"), another affiliate of Ocwen Financial Corporation, for approximately 39 transactions (approximately 22,370 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. Pursuant to a proposed merger planned for February 28, 2019, HRI will merge with and into PMC, with PMC as the surviving entity.

  • Ocwen Financial Corporation (OCN) Q4 2018 Earnings Conference Call Transcript
    Motley Fool4 months ago

    Ocwen Financial Corporation (OCN) Q4 2018 Earnings Conference Call Transcript

    OCN earnings call for the period ending December 31, 2018.

  • GlobeNewswire4 months ago

    Ocwen Financial Announces Operating Results for Fourth Quarter and Full Year 2018

    Reported a Net Loss of $(2.3) million for the fourth quarter of 2018 and a Net Loss of $(70.8) million for the full year 2018 Completed the acquisition of PHH Corporation,.

  • GlobeNewswire4 months ago

    Ocwen Financial Corporation Announces Senior Leadership Appointments

    Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”), a leading financial services holding company, today announced the appointment of June C. Campbell as Chief Financial Officer, effective March 4, 2019, following the Company’s filing of its Annual Report on Form 10-K for the year ended December 31, 2018. Ms. Campbell joins Ocwen from GE Capital, where she held multiple senior management positions in Finance, Capital Markets and Operations during her more than 20-year career at the company.

  • Benzinga4 months ago

    Ocwen Financial Q4 Earnings Preview

    Ocwen Financial (NYSE: OCN ) unveils its next round of earnings this Wednesday, Feb. 27. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement Earnings and Revenue ...

  • GlobeNewswire4 months ago

    Ocwen Financial Corporation Announces Appointment of Two New Directors

    Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”), a leading financial services holding company, today announced the appointment of Jenne K. Britell and Kevin Stein to its Board of Directors (“Board”), effective as of the day following the Company’s filing of its Annual Report on Form 10-K for the year ended December 31, 2018, which is anticipated to occur within the next two weeks. “We are very pleased to welcome Jenne and Kevin to the Ocwen Board,” said Phyllis Caldwell, Chair of Ocwen’s Board.

  • GlobeNewswire4 months ago

    Ocwen Financial Corporation Schedules Conference Call - 4th Quarter 2018 Results

    Ocwen Financial Corporation (OCN) will hold a conference call on Wednesday, February 27, 2019 at 8:30 a.m. (ET) to review the Company’s 4th  Quarter 2018 operating results.  These events will follow Ocwen’s 4th 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). A live audio webcast and slide presentation for the call will be available over the internet 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.

  • PHH pays $750K to settle federal probe into unlawful foreclosure of active military members
    American City Business Journals4 months ago

    PHH pays $750K to settle federal probe into unlawful foreclosure of active military members

    The U.S. Department of Justice said that PHH foreclosed on six homes of military members between 2010 and 2012, violating a federal statute that forbids such actions.

  • PR Newswire4 months ago

    Specialized Mortgage Product Growth Summit To Deliver New Revenue Opportunities To Originators

    Liberty Home Equity Solutions, REMN Wholesale and Angel Oak Mortgage Solutions team up to help originators diversify offerings into reverse, renovation, and non-QM products RANCHO CORDOVA, Calif. , Feb. ...

  • GlobeNewswire5 months ago

    Liberty Home Equity Solutions Named One of the Best Mortgage Companies to Work for by National Mortgage News

    Liberty Home Equity Solutions, Inc. (“Liberty” or “Company”), one of the nation’s largest and most experienced reverse mortgage lenders, today announced the Company has been named one of the Best Mortgage Companies to Work for by National Mortgage News for 2019. Liberty is a wholly owned subsidiary of Ocwen Financial Corporation (OCN), a leading financial services holding company.

  • How Does Investing In Ocwen Financial Corporation (NYSE:OCN) Impact The Volatility Of Your Portfolio?
    Simply Wall St.5 months ago

    How Does Investing In Ocwen Financial Corporation (NYSE:OCN) Impact The Volatility Of Your Portfolio?

    If you're interested in Ocwen Financial Corporation (NYSE:OCN), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could Read More...

  • Planned Folsom condo project going to bankruptcy auction
    American City Business Journals5 months ago

    Planned Folsom condo project going to bankruptcy auction

    Over a decade ago, developer Duane Venhuizen received entitlements for an office condominium project on Greenback Lane in Folsom, overlooking the American River.