Ocwen Financial Corp (OCN) 1.79 $OCN
Ocwen (OCN) to Pay $30M to Settle HAMP Disclosure Issues
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 8:22AM CDT
Ocwen has agreed to resolve two lawsuits that accused it of providing improper disclosures related to HAMP for $30 million.
SF: 32.35 (+1.12), WD: 23.88 (+0.48), OCN: 1.79 (+0.07), ORC: 10.47 (+0.10)
Technical Report on Mortgage Investment Equities - Ally Financial, Ocwen Financial, Santander Consumer USA Holdings, and Nationstar Mortgage Holdings
PR Newswire - Wed Jun 22, 7:50AM CDT
On Tuesday, June 21, 2016, the NASDAQ Composite ended the trading session at 4,843.76, up 0.14%; the Dow Jones Industrial Average advanced 0.14% to finish at 17,829.73; and the S&P 500 closed at 2,088.90, up 0.27%. The gains were broad based as five out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Ally Financial Inc. (NYSE: ALLY), Ocwen Financial Corporation (NYSE: OCN), Santander Consumer USA Holdings Inc. (NYSE: SC), and Nationstar Mortgage Holdings Inc. (NYSE: NSM). Learn more about these stocks by accessing their free trade alerts at:
SC: 11.24 (+0.42), ALLY: 17.17 (+0.43), OCN: 1.79 (+0.07), NSM: 11.90 (+0.39)
Fitch Affirms Ocwen Financial Corp at 'B-'; Outlook Stable
BusinessWire - Tue Jun 21, 3:47PM CDT
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of Ocwen Financial Corporation (OCN) and its wholly-owned subsidiary, Ocwen Loan Servicing, LLC (OLS) at 'B-'. Fitch has also affirmed OCN's senior unsecured notes and OLS's senior secured term loan at 'CC/RR6' and 'B-/RR4', respectively. The Rating Outlook is Stable. A full list of rating actions follows at the end of this press release.
OCN: 1.79 (+0.07)
Ocwen and NAACP Help & Hope For Homeowners Florida Event Provides Real Solutions To Struggling Borrowers
GlobeNewswire - Wed Jun 08, 3:20PM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, and the Florida State Conference of the NAACP announced today that approximately 50 Ocwen borrowers attended the first Help & Hope for Homeowners event of 2016 in Delray Beach, FL. Homeowners at the June 4 event met face-to-face with Ocwen Home Retention Agents and U.S. Department of Housing and Urban Development (HUD)-approved housing counselors to receive personalized advice to make owning their home more affordable.
OCN: 1.79 (+0.07)
Ocwen and NAACP to Host Hope & Help for Homeowners Borrower Outreach Event in Delray Beach, FL
PR Newswire - Tue May 31, 7:15AM CDT
The Florida State Conference of NAACP Branches, along with Ocwen Financial Corporation, a leading financial services holding company, announced today that their first Help & Hope for Homeowners event in 2016 will be held on Saturday, June 4 in Delray Beach, Florida. The event will offer borrowers in Palm Beach County and the surrounding areas the opportunity to meet with Ocwen Home Retention Agents and U.S. Department of Housing and Urban Development (HUD)-approved financial counselors to explore loan modifications and other options to make their homes more affordable.
OCN: 1.79 (+0.07)
Independent Expert Consultant Finds RMBS Investors' Allegations Against Ocwen to be Baseless
GlobeNewswire - Wed May 25, 7:30AM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, today commented on the Duff & Phelps, LLP (Duff & Phelps) independent analysis, which determined that none of the allegations in the Gibbs & Bruns, LLP's January 23, 2015 Notice of Non-Performance investigated by Duff & Phelps were supported by evidence.
OCN: 1.79 (+0.07)
Lifshitz & Miller Law Firm Announces Investigation of Code Rebel Corporation, Domino's Pizza, Inc., Energy Recovery, Inc., Intercloud Systems, Inc., Inventure Foods, Inc., Liquidity Services, Inc., NewLink Genetics Corporation, and Ocwen Financial Corp.
PR Newswire - Tue May 24, 2:17PM CDT
Code Rebel Corporation (CDRB)
CDRB: 2.16 (-0.51), OCN: 1.79 (+0.07), NLNK: 11.63 (+0.01), LQDT: 8.21 (+0.19), SNAK: 8.01 (+0.03), DPZ: 135.65 (-0.35), ICLD: 0.62 (-0.01), ERII: 9.20 (-0.02)
UPDATE -- Ocwen Hosts Seventh Annual Housing Advocacy and Policy Forum
GlobeNewswire - Wed May 18, 4:41PM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, hosted its seventh annual Housing Advocacy and Policy Forum on Wednesday, May 18, 2016 in Washington, D.C. The day-long event brought together Ocwen leadership, government agency officials, and representatives from housing nonprofits to share insights and explore solutions to challenges that continue to exist in the aftermath of the nation's housing crisis, including access to credit and community stabilization.
OCN: 1.79 (+0.07)
Ocwen Hosts Seventh Annual Housing Advocacy and Policy Forum
GlobeNewswire - Wed May 18, 12:00PM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, hosted its seventh annual Housing Advocacy and Policy Forum on Wednesday, May 18, 2016 in Washington, D.C. The day-long event brought together Ocwen leadership, government agency officials, and representatives from housing nonprofits to share insights and explore solutions to challenges that continue to exist in the aftermath of the nation's housing crisis, including access to credit and community stabilization.
OCN: 1.79 (+0.07)
New 52-Week Low Could Prompt More Insider Buying At OCN
TheOnlineInvestor.com - Tue May 03, 12:10PM CDT
In trading on Tuesday, shares of Ocwen Financial Corp. touched a new 52-week low of $2.00/share.
OCN: 1.79 (+0.07)
Update in Lawsuit for Investors in Ocwen Financial Corp (NYSE:OCN) shares announced by Shareholders Foundation
GlobeNewswire - Tue May 03, 8:45AM CDT
The Shareholders Foundation, Inc. announces that a lawsuit is pending in Florida on behalf of certain purchasers of shares of Ocwen Financial Corp (NYSE:OCN) over alleged Securities Laws Violations by Ocwen Financial.
OCN: 1.79 (+0.07)
Why Beazer Homes, Ocwen Financial, and Piper Jaffray Slumped Today
Dan Caplinger, The Motley Fool - Motley Fool - Thu Apr 28, 5:26PM CDT
Image: Beazer Homes. On Thursday, investors saw an abrupt drop in the stock market, with investors worrying about a couple of different issues that affected overall sentiment. First, the decision by Carl Icahn to exit shares of Apple seemed to...
OCN: 1.79 (+0.07), PJC: 41.75 (+1.56), BZH: 8.73 (+0.35)
Ocwen Exceeds Consumer Relief Requirements of National Mortgage Settlement
GlobeNewswire - Thu Apr 28, 12:28PM CDT
Provided over $2.1 billion in first lien loan modifications to 23,800 customers through September 30, 2015
OCN: 1.79 (+0.07)
Ocwen (OCN) Plunges 18% on Wider Q1 Loss, Revenues Slump
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 7:22AM CDT
Shares of Ocwen (OCN) declined nearly 18% in the after-market trading, following the release of its first quarter 2016 results. Adjusted loss of 57 cents per share was wider than the Zacks Consensus Estimate of a loss of 48 cents.
ACAS: 15.96 (+0.06), ARCC: 14.21 (+0.15), OCN: 1.79 (+0.07), GARS: 10.51 (unch)
Ocwen reports 1Q loss
Automated Insights - Wed Apr 27, 6:17PM CDT
WEST PALM BEACH, Fla. (AP) _ Ocwen Financial Corporation (OCN) on Wednesday reported a first-quarter loss of $111.3 million, after reporting a profit in the same period a year earlier.
OCN: 1.79 (+0.07)
Ocwen Financial Announces Operating Results for First Quarter 2016
GlobeNewswire - Wed Apr 27, 3:20PM CDT
-- Generated Cash from Operating Activities of $141 million
OCN: 1.79 (+0.07)
17.9% of FYT Holdings Seeing Recent Insider Buys
ETFChannel.com - Wed Apr 27, 8:35AM CDT
A look at the weighted underlying holdings of the First Trust Small Cap Value AlphaDEX Fund (FYT) shows an impressive 17.9% of holdings on a weighted basis have experienced insider buying within the past six months. Ocwen Financial Corp.
OCN: 1.79 (+0.07)
Ocwen and NAACP Renew "Help & Hope for Homeowners" Borrower Outreach Events for 2016
GlobeNewswire - Tue Apr 05, 6:45AM CDT
Ocwen Financial Corporation (NYSE:OCN) and the NAACP announced today that they have renewed their successful "Help & Hope for Homeowners" borrower outreach events for 2016. "Help & Hope for Homeowners" offers struggling borrowers the opportunity to receive in-person, individualized mortgage counseling to help them better afford and remain in their homes. Ocwen and the NAACP have agreed to hold four borrower outreach events this year, including events in Florida, New Jersey, Texas, and Washington. Many communities in these states continue to be impacted from the residual effects of the housing crisis. The first event will be held in Delray Beach, Florida in June 2016.
OCN: 1.79 (+0.07)
Ocwen Financial Announces Amendment to Senior Secured Term Loan
GlobeNewswire - Thu Mar 24, 5:52PM CDT
Ocwen Financial Corporation, (NYSE:OCN) ("Ocwen" or the "Company"
, a 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 March 28, 2016.
OCN: 1.79 (+0.07)
SEC to Look into Mortgage Servicers' Bad Debt Collection
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 10:20AM CDT
The Securities and Exchange Commission is investigating mortgage servicers for allegedly trying to collect debt prematurely from delinquent mortgage loan borrowers.
JPM: 63.20 (+0.93), OCN: 1.79 (+0.07), NSM: 11.90 (+0.39), WFC: 48.35 (+0.27)
Ocwen (OCN) to Pay $30M to Settle HAMP Disclosure Issues
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 8:22AM CDT
Ocwen has agreed to resolve two lawsuits that accused it of providing improper disclosures related to HAMP for $30 million.
SF: 32.35 (+1.12), WD: 23.88 (+0.48), OCN: 1.79 (+0.07), ORC: 10.47 (+0.10)
Technical Report on Mortgage Investment Equities - Ally Financial, Ocwen Financial, Santander Consumer USA Holdings, and Nationstar Mortgage Holdings
PR Newswire - Wed Jun 22, 7:50AM CDT
On Tuesday, June 21, 2016, the NASDAQ Composite ended the trading session at 4,843.76, up 0.14%; the Dow Jones Industrial Average advanced 0.14% to finish at 17,829.73; and the S&P 500 closed at 2,088.90, up 0.27%. The gains were broad based as five out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Ally Financial Inc. (NYSE: ALLY), Ocwen Financial Corporation (NYSE: OCN), Santander Consumer USA Holdings Inc. (NYSE: SC), and Nationstar Mortgage Holdings Inc. (NYSE: NSM). Learn more about these stocks by accessing their free trade alerts at:
SC: 11.24 (+0.42), ALLY: 17.17 (+0.43), OCN: 1.79 (+0.07), NSM: 11.90 (+0.39)
Fitch Affirms Ocwen Financial Corp at 'B-'; Outlook Stable
BusinessWire - Tue Jun 21, 3:47PM CDT
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of Ocwen Financial Corporation (OCN) and its wholly-owned subsidiary, Ocwen Loan Servicing, LLC (OLS) at 'B-'. Fitch has also affirmed OCN's senior unsecured notes and OLS's senior secured term loan at 'CC/RR6' and 'B-/RR4', respectively. The Rating Outlook is Stable. A full list of rating actions follows at the end of this press release.
OCN: 1.79 (+0.07)
Ocwen and NAACP Help & Hope For Homeowners Florida Event Provides Real Solutions To Struggling Borrowers
GlobeNewswire - Wed Jun 08, 3:20PM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, and the Florida State Conference of the NAACP announced today that approximately 50 Ocwen borrowers attended the first Help & Hope for Homeowners event of 2016 in Delray Beach, FL. Homeowners at the June 4 event met face-to-face with Ocwen Home Retention Agents and U.S. Department of Housing and Urban Development (HUD)-approved housing counselors to receive personalized advice to make owning their home more affordable.
OCN: 1.79 (+0.07)
Ocwen and NAACP to Host Hope & Help for Homeowners Borrower Outreach Event in Delray Beach, FL
PR Newswire - Tue May 31, 7:15AM CDT
The Florida State Conference of NAACP Branches, along with Ocwen Financial Corporation, a leading financial services holding company, announced today that their first Help & Hope for Homeowners event in 2016 will be held on Saturday, June 4 in Delray Beach, Florida. The event will offer borrowers in Palm Beach County and the surrounding areas the opportunity to meet with Ocwen Home Retention Agents and U.S. Department of Housing and Urban Development (HUD)-approved financial counselors to explore loan modifications and other options to make their homes more affordable.
OCN: 1.79 (+0.07)
Independent Expert Consultant Finds RMBS Investors' Allegations Against Ocwen to be Baseless
GlobeNewswire - Wed May 25, 7:30AM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, today commented on the Duff & Phelps, LLP (Duff & Phelps) independent analysis, which determined that none of the allegations in the Gibbs & Bruns, LLP's January 23, 2015 Notice of Non-Performance investigated by Duff & Phelps were supported by evidence.
OCN: 1.79 (+0.07)
Lifshitz & Miller Law Firm Announces Investigation of Code Rebel Corporation, Domino's Pizza, Inc., Energy Recovery, Inc., Intercloud Systems, Inc., Inventure Foods, Inc., Liquidity Services, Inc., NewLink Genetics Corporation, and Ocwen Financial Corp.
PR Newswire - Tue May 24, 2:17PM CDT
Code Rebel Corporation (CDRB)
CDRB: 2.16 (-0.51), OCN: 1.79 (+0.07), NLNK: 11.63 (+0.01), LQDT: 8.21 (+0.19), SNAK: 8.01 (+0.03), DPZ: 135.65 (-0.35), ICLD: 0.62 (-0.01), ERII: 9.20 (-0.02)
UPDATE -- Ocwen Hosts Seventh Annual Housing Advocacy and Policy Forum
GlobeNewswire - Wed May 18, 4:41PM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, hosted its seventh annual Housing Advocacy and Policy Forum on Wednesday, May 18, 2016 in Washington, D.C. The day-long event brought together Ocwen leadership, government agency officials, and representatives from housing nonprofits to share insights and explore solutions to challenges that continue to exist in the aftermath of the nation's housing crisis, including access to credit and community stabilization.
OCN: 1.79 (+0.07)
Ocwen Hosts Seventh Annual Housing Advocacy and Policy Forum
GlobeNewswire - Wed May 18, 12:00PM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, hosted its seventh annual Housing Advocacy and Policy Forum on Wednesday, May 18, 2016 in Washington, D.C. The day-long event brought together Ocwen leadership, government agency officials, and representatives from housing nonprofits to share insights and explore solutions to challenges that continue to exist in the aftermath of the nation's housing crisis, including access to credit and community stabilization.
OCN: 1.79 (+0.07)
New 52-Week Low Could Prompt More Insider Buying At OCN
TheOnlineInvestor.com - Tue May 03, 12:10PM CDT
In trading on Tuesday, shares of Ocwen Financial Corp. touched a new 52-week low of $2.00/share.
OCN: 1.79 (+0.07)
Update in Lawsuit for Investors in Ocwen Financial Corp (NYSE:OCN) shares announced by Shareholders Foundation
GlobeNewswire - Tue May 03, 8:45AM CDT
The Shareholders Foundation, Inc. announces that a lawsuit is pending in Florida on behalf of certain purchasers of shares of Ocwen Financial Corp (NYSE:OCN) over alleged Securities Laws Violations by Ocwen Financial.
OCN: 1.79 (+0.07)
Why Beazer Homes, Ocwen Financial, and Piper Jaffray Slumped Today
Dan Caplinger, The Motley Fool - Motley Fool - Thu Apr 28, 5:26PM CDT
Image: Beazer Homes. On Thursday, investors saw an abrupt drop in the stock market, with investors worrying about a couple of different issues that affected overall sentiment. First, the decision by Carl Icahn to exit shares of Apple seemed to...
OCN: 1.79 (+0.07), PJC: 41.75 (+1.56), BZH: 8.73 (+0.35)
Ocwen Exceeds Consumer Relief Requirements of National Mortgage Settlement
GlobeNewswire - Thu Apr 28, 12:28PM CDT
Provided over $2.1 billion in first lien loan modifications to 23,800 customers through September 30, 2015
OCN: 1.79 (+0.07)
Ocwen (OCN) Plunges 18% on Wider Q1 Loss, Revenues Slump
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 7:22AM CDT
Shares of Ocwen (OCN) declined nearly 18% in the after-market trading, following the release of its first quarter 2016 results. Adjusted loss of 57 cents per share was wider than the Zacks Consensus Estimate of a loss of 48 cents.
ACAS: 15.96 (+0.06), ARCC: 14.21 (+0.15), OCN: 1.79 (+0.07), GARS: 10.51 (unch)
Ocwen reports 1Q loss
Automated Insights - Wed Apr 27, 6:17PM CDT
WEST PALM BEACH, Fla. (AP) _ Ocwen Financial Corporation (OCN) on Wednesday reported a first-quarter loss of $111.3 million, after reporting a profit in the same period a year earlier.
OCN: 1.79 (+0.07)
Ocwen Financial Announces Operating Results for First Quarter 2016
GlobeNewswire - Wed Apr 27, 3:20PM CDT
-- Generated Cash from Operating Activities of $141 million
OCN: 1.79 (+0.07)
17.9% of FYT Holdings Seeing Recent Insider Buys
ETFChannel.com - Wed Apr 27, 8:35AM CDT
A look at the weighted underlying holdings of the First Trust Small Cap Value AlphaDEX Fund (FYT) shows an impressive 17.9% of holdings on a weighted basis have experienced insider buying within the past six months. Ocwen Financial Corp.
OCN: 1.79 (+0.07)
Ocwen and NAACP Renew "Help & Hope for Homeowners" Borrower Outreach Events for 2016
GlobeNewswire - Tue Apr 05, 6:45AM CDT
Ocwen Financial Corporation (NYSE:OCN) and the NAACP announced today that they have renewed their successful "Help & Hope for Homeowners" borrower outreach events for 2016. "Help & Hope for Homeowners" offers struggling borrowers the opportunity to receive in-person, individualized mortgage counseling to help them better afford and remain in their homes. Ocwen and the NAACP have agreed to hold four borrower outreach events this year, including events in Florida, New Jersey, Texas, and Washington. Many communities in these states continue to be impacted from the residual effects of the housing crisis. The first event will be held in Delray Beach, Florida in June 2016.
OCN: 1.79 (+0.07)
Ocwen Financial Announces Amendment to Senior Secured Term Loan
GlobeNewswire - Thu Mar 24, 5:52PM CDT
Ocwen Financial Corporation, (NYSE:OCN) ("Ocwen" or the "Company"
, a 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 March 28, 2016. OCN: 1.79 (+0.07)
SEC to Look into Mortgage Servicers' Bad Debt Collection
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 10:20AM CDT
The Securities and Exchange Commission is investigating mortgage servicers for allegedly trying to collect debt prematurely from delinquent mortgage loan borrowers.
JPM: 63.20 (+0.93), OCN: 1.79 (+0.07), NSM: 11.90 (+0.39), WFC: 48.35 (+0.27)
