Ocwen Financial Corp (OCN) 7.74 $OCN
Why Ocwen Financial Corp Is Getting Rid of this $89 Billion Portfolio
Eric Volkman, The Motley Fool - Motley Fool - Fri Apr 24, 6:00PM CDT
Talk about a fire sale. Mortgage servicing provider Ocwen Financial (NYSE: OCN) is busy getting rid of servicing rights to almost $90 billion worth of mortgages held by Fannie Mae and Freddie Mac . This sell-off is only one major development...
OCN: 7.74 (-0.15)
Buy-sider: Ocwen's servicing benefits bondholders too
Seeking Alpha - at Seeking Alpha - Thu Apr 23, 8:56PM CDT
OCN: 7.74 (-0.15)
Why Shares of Altisource Portfolio Solutions S.A. Surged Today
Jordan Wathen, The Motley Fool - Motley Fool - Thu Apr 23, 4:21PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Altisource Portfolio Solutions S.A. ...
ASPS: 23.24 (+0.76), OCN: 7.74 (-0.15)
Ocwen Financial Corporation Schedules Conference Call - 1st Quarter 2015 Preliminary Results
GlobeNewswire - Thu Apr 23, 12:46PM CDT
Ocwen Financial Corporation (NYSE:OCN) will hold a conference call on Thursday, April 30, 2015 at 5:00 p.m. (ET) to review the Company's preliminary 1st Quarter 2015 operating results. These events will follow Ocwen's 1st Quarter 2015 preliminary earnings release. The earnings release will also be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page).
OCN: 7.74 (-0.15)
Thrifts and Mortgage Finance Stocks Technical Snapshot -- Ocwen Financial, MGIC Investment, Hudson City Bancorp, Radian, and Nationstar Mortgage Holdings
PR Newswire - Thu Apr 23, 7:35AM CDT
Editor Note: For more information about this release, please scroll to bottom.
RDN: 18.37 (-0.08), OCN: 7.74 (-0.15), NSM: 25.38 (-0.12), MTG: 10.78 (+0.06), HCBK: 9.39 (-0.02)
Ocwen Hosts Sixth Annual Housing Advocacy Forum and Policy Luncheon
PR Newswire - Mon Apr 20, 10:00AM CDT
Ocwen Financial Corporation (NYSE: OCN), a leading financial services holding company, hosted its sixth Annual Housing Advocacy and Policy Forum on Thursday, April 16, 2015 in Washington D.C. Ocwen's 2015 Forum brought together key stakeholders to share their insight and work together on important issues affecting today's housing industry. Attendees of the Forum included senior officials from housing advocacy and policy groups, the mortgage industry, and federal government agencies.
OCN: 7.74 (-0.15)
Ocwen Financial Announces Amendment to Senior Secured Term Loan
GlobeNewswire - Fri Apr 17, 4:47PM CDT
Ocwen Financial Corporation, (NYSE:OCN) ("Ocwen" or the "Company"
, a leading financial services holding company, today announced that it has entered into an amendment to its Senior Secured Term Loan (SSTL) which will become effective on April 20, 2015. Among other things, the amendment (i) removes, with respect to the 2014 fiscal year, the requirement that Ocwen's financial statements and the related audit report must be unqualified as to going concern and (ii) extends the required time period for delivery of the 2014 audited financial statements to May 29, 2015.
OCN: 7.74 (-0.15)
NYSE stocks posting largest percentage decreases
AP - Thu Apr 16, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:
IRS: 18.70 (-0.01), OCN: 7.74 (-0.15), AGX: 32.57 (-0.44), PVA: 6.67 (-0.34), HSC: 16.13 (-0.14), RCAP: 8.40 (-0.44), TCI: 10.75 (-0.30), NGVC: 26.73 (+0.03), IGT: 20.21 (+0.21), WCG: 83.50 (+0.31), MTDR: 27.41 (-0.40), CDE: 5.17 (-0.39), NTL: 21.64 (+0.16)
Ocwen Financial Set to Possibly Rebound After Yesterday's Selloff of 7.38%
Comtex SmarTrend(R) - Thu Apr 16, 4:57PM CDT
Ocwen Financial (NYSE:OCN) traded in a range yesterday that spanned from a low of $7.73 to a high of $8.45. Yesterday, the shares fell 7.4%, which took the trading range below the 3-day low of $8.36 on volume of 9.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
OCN: 7.74 (-0.15)
Housing Industry Leaders Call on U.S. Regulators to Investigate Pro-Foreclosure Campaigns
PR Newswire - Wed Apr 15, 1:00PM CDT
Housing industry leaders today sent the below letter to top federal officials, including The Honorable Mel Watt at the Federal Housing Finance Agency, The Honorable Jack Lew at U.S. Department of the Treasury, and The Honorable Richard Cordray at Consumer Financial Protection Bureau, calling for an investigation into pro-foreclosure campaigns launched by Wall Street giants including the largest hedge funds, mortgage bond traders, and insurance companies.
OCN: 7.74 (-0.15)
Ocwen (OCN) Dips on Q4 Loss, Expects Recovery in 2015 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 15, 8:50AM CDT
Shares of Ocwen Financial Corp. (OCN) declined over 5% after the company released earnings results on a preliminary basis for the fourth quarter and full-year 2014.
OCN: 7.74 (-0.15), NSM: 25.38 (-0.12)
Ocwen Financial Stock Falls On Surprise Q4 Loss
at Investor's Business Daily - Tue Apr 14, 11:32AM CDT
Ocwen Financial (OCN) shares dropped Tuesday as the mortgage services firm reported substantial preliminary fourth-quarter and full-year losses that missed analyst estimates. The Atlanta-based company said that it had lost $598 million, or $4.77 per...
OCN: 7.74 (-0.15), NSM: 25.38 (-0.12)
Ocwen reports 4Q loss
Automated Insights - Tue Apr 14, 8:24AM CDT
ATLANTA (AP) _ Ocwen Financial Corporation (OCN) on Tuesday reported a fourth-quarter loss of $598.4 million, after reporting a profit in the same period a year earlier.
OCN: 7.74 (-0.15)
Ocwen +2.3% after preliminary results, positive outlook
Seeking Alpha - at Seeking Alpha - Tue Apr 14, 6:54AM CDT
OCN: 7.74 (-0.15)
Ocwen Financial Announces Preliminary Operating Results for Fiscal Year 2014
GlobeNewswire - Tue Apr 14, 6:30AM CDT
Ocwen Financial Corporation, (NYSE:OCN) ("Ocwen" or the "Company", a leading financial services holding company, today reported a preliminary net loss of $(546.0) million, or $(4.18) per share, for the year ended December 31, 2014 compared to net income of $310.4 million, or $2.13 per share, for the year ended December 31, 2013. Ocwen generated preliminary revenue of $2.1 billion, up 4% compared to $2.0 billion in the prior year. Preliminary income from operations was $76.1 million for the year ended December 31, 2014.
OCN: 7.74 (-0.15)
Ocwen Financial Has Returned 15.1% Since SmarTrend Recommendation (OCN)
Comtex SmarTrend(R) - Wed Apr 08, 9:58AM CDT
SmarTrend identified an Uptrend for Ocwen Financial (NYSE:OCN) on February 6th, 2015 at $8.11. In approximately 2 months, Ocwen Financial has returned 15.11% as of today's recent price of $9.33.
OCN: 7.74 (-0.15)
Why Ocwen Financial Corp Is Getting Rid of this $89 Billion Portfolio
Eric Volkman, The Motley Fool - Motley Fool - Fri Apr 24, 6:00PM CDT
Talk about a fire sale. Mortgage servicing provider Ocwen Financial (NYSE: OCN) is busy getting rid of servicing rights to almost $90 billion worth of mortgages held by Fannie Mae and Freddie Mac . This sell-off is only one major development...
OCN: 7.74 (-0.15)
Buy-sider: Ocwen's servicing benefits bondholders too
Seeking Alpha - at Seeking Alpha - Thu Apr 23, 8:56PM CDT
OCN: 7.74 (-0.15)
Why Shares of Altisource Portfolio Solutions S.A. Surged Today
Jordan Wathen, The Motley Fool - Motley Fool - Thu Apr 23, 4:21PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Altisource Portfolio Solutions S.A. ...
ASPS: 23.24 (+0.76), OCN: 7.74 (-0.15)
Ocwen Financial Corporation Schedules Conference Call - 1st Quarter 2015 Preliminary Results
GlobeNewswire - Thu Apr 23, 12:46PM CDT
Ocwen Financial Corporation (NYSE:OCN) will hold a conference call on Thursday, April 30, 2015 at 5:00 p.m. (ET) to review the Company's preliminary 1st Quarter 2015 operating results. These events will follow Ocwen's 1st Quarter 2015 preliminary earnings release. The earnings release will also be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page).
OCN: 7.74 (-0.15)
Thrifts and Mortgage Finance Stocks Technical Snapshot -- Ocwen Financial, MGIC Investment, Hudson City Bancorp, Radian, and Nationstar Mortgage Holdings
PR Newswire - Thu Apr 23, 7:35AM CDT
Editor Note: For more information about this release, please scroll to bottom.
RDN: 18.37 (-0.08), OCN: 7.74 (-0.15), NSM: 25.38 (-0.12), MTG: 10.78 (+0.06), HCBK: 9.39 (-0.02)
Ocwen Hosts Sixth Annual Housing Advocacy Forum and Policy Luncheon
PR Newswire - Mon Apr 20, 10:00AM CDT
Ocwen Financial Corporation (NYSE: OCN), a leading financial services holding company, hosted its sixth Annual Housing Advocacy and Policy Forum on Thursday, April 16, 2015 in Washington D.C. Ocwen's 2015 Forum brought together key stakeholders to share their insight and work together on important issues affecting today's housing industry. Attendees of the Forum included senior officials from housing advocacy and policy groups, the mortgage industry, and federal government agencies.
OCN: 7.74 (-0.15)
Ocwen Financial Announces Amendment to Senior Secured Term Loan
GlobeNewswire - Fri Apr 17, 4:47PM CDT
Ocwen Financial Corporation, (NYSE:OCN) ("Ocwen" or the "Company"
, a leading financial services holding company, today announced that it has entered into an amendment to its Senior Secured Term Loan (SSTL) which will become effective on April 20, 2015. Among other things, the amendment (i) removes, with respect to the 2014 fiscal year, the requirement that Ocwen's financial statements and the related audit report must be unqualified as to going concern and (ii) extends the required time period for delivery of the 2014 audited financial statements to May 29, 2015. OCN: 7.74 (-0.15)
NYSE stocks posting largest percentage decreases
AP - Thu Apr 16, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:
IRS: 18.70 (-0.01), OCN: 7.74 (-0.15), AGX: 32.57 (-0.44), PVA: 6.67 (-0.34), HSC: 16.13 (-0.14), RCAP: 8.40 (-0.44), TCI: 10.75 (-0.30), NGVC: 26.73 (+0.03), IGT: 20.21 (+0.21), WCG: 83.50 (+0.31), MTDR: 27.41 (-0.40), CDE: 5.17 (-0.39), NTL: 21.64 (+0.16)
Ocwen Financial Set to Possibly Rebound After Yesterday's Selloff of 7.38%
Comtex SmarTrend(R) - Thu Apr 16, 4:57PM CDT
Ocwen Financial (NYSE:OCN) traded in a range yesterday that spanned from a low of $7.73 to a high of $8.45. Yesterday, the shares fell 7.4%, which took the trading range below the 3-day low of $8.36 on volume of 9.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
OCN: 7.74 (-0.15)
Housing Industry Leaders Call on U.S. Regulators to Investigate Pro-Foreclosure Campaigns
PR Newswire - Wed Apr 15, 1:00PM CDT
Housing industry leaders today sent the below letter to top federal officials, including The Honorable Mel Watt at the Federal Housing Finance Agency, The Honorable Jack Lew at U.S. Department of the Treasury, and The Honorable Richard Cordray at Consumer Financial Protection Bureau, calling for an investigation into pro-foreclosure campaigns launched by Wall Street giants including the largest hedge funds, mortgage bond traders, and insurance companies.
OCN: 7.74 (-0.15)
Ocwen (OCN) Dips on Q4 Loss, Expects Recovery in 2015 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 15, 8:50AM CDT
Shares of Ocwen Financial Corp. (OCN) declined over 5% after the company released earnings results on a preliminary basis for the fourth quarter and full-year 2014.
OCN: 7.74 (-0.15), NSM: 25.38 (-0.12)
Ocwen Financial Stock Falls On Surprise Q4 Loss
at Investor's Business Daily - Tue Apr 14, 11:32AM CDT
Ocwen Financial (OCN) shares dropped Tuesday as the mortgage services firm reported substantial preliminary fourth-quarter and full-year losses that missed analyst estimates. The Atlanta-based company said that it had lost $598 million, or $4.77 per...
OCN: 7.74 (-0.15), NSM: 25.38 (-0.12)
Ocwen reports 4Q loss
Automated Insights - Tue Apr 14, 8:24AM CDT
ATLANTA (AP) _ Ocwen Financial Corporation (OCN) on Tuesday reported a fourth-quarter loss of $598.4 million, after reporting a profit in the same period a year earlier.
OCN: 7.74 (-0.15)
Ocwen +2.3% after preliminary results, positive outlook
Seeking Alpha - at Seeking Alpha - Tue Apr 14, 6:54AM CDT
OCN: 7.74 (-0.15)
Ocwen Financial Announces Preliminary Operating Results for Fiscal Year 2014
GlobeNewswire - Tue Apr 14, 6:30AM CDT
Ocwen Financial Corporation, (NYSE:OCN) ("Ocwen" or the "Company"
, a leading financial services holding company, today reported a preliminary net loss of $(546.0) million, or $(4.18) per share, for the year ended December 31, 2014 compared to net income of $310.4 million, or $2.13 per share, for the year ended December 31, 2013. Ocwen generated preliminary revenue of $2.1 billion, up 4% compared to $2.0 billion in the prior year. Preliminary income from operations was $76.1 million for the year ended December 31, 2014. OCN: 7.74 (-0.15)
Ocwen Financial Has Returned 15.1% Since SmarTrend Recommendation (OCN)
Comtex SmarTrend(R) - Wed Apr 08, 9:58AM CDT
SmarTrend identified an Uptrend for Ocwen Financial (NYSE:OCN) on February 6th, 2015 at $8.11. In approximately 2 months, Ocwen Financial has returned 15.11% as of today's recent price of $9.33.
OCN: 7.74 (-0.15)
