Ocwen Financial Corp (OCN) 3.33 $OCN
Ocwen and NAACP to Hold Homeowner Outreach Event in Washington State
GlobeNewswire - Tue Aug 30, 3:20PM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, along with the Seattle King County NAACP, announced today that they will host a Help & Hope for Homeowners borrower outreach event in Des Moines, Washington on September 10, 2016. The event will be held in Des Moines to attract borrowers from Seattle and Tacoma as well as the surrounding areas, where delinquency rates remain relatively high.
OCN: 3.33 (-0.11)
Ocwen Well Poised For Growth, Regulatory Probes Persist
Zacks Equity Research - Zacks Investment Research - Tue Aug 30, 7:38AM CDT
On Aug 29, 2016, we issued an updated research report on Ocwen Financial Corporation (OCN).
WD: 26.42 (-0.38), OCN: 3.33 (-0.11), TREE: 95.08 (-0.61), ESNT: 26.46 (-0.12)
Ocwen Financial Announces Pricing of $500 Million OMART Servicing Advance Securitization
GlobeNewswire - Thu Aug 04, 5:30AM CDT
Ocwen Financial Corporation, (NYSE:OCN) ("Ocwen" or the "Company"
, a leading financial services holding company, announced the pricing, on August 3, 2016, of $265 million in 2-year fixed rate asset-backed term notes with a weighted average fixed interest rate of 2.769% and $235 million in 3-year fixed rate asset-backed term notes with a weighted average fixed interest rate of 2.993% (together the "Term Notes" to be issued by Ocwen Master Advance Receivables Trust ("OMART". The issuance and sale of the Term Notes is subject to customary closing conditions and is expected to close on August 12, 2016. The net proceeds from the Term Notes will be used prepay $500 million of 1-year fixed rate asset-backed term notes coming due in OMART later this year that have a weighted average fixed interest rate of 2.781%.
OCN: 3.33 (-0.11)
Mortgage Investment Stocks Under Scanner -- Ally Financial, Ocwen Financial, Santander Consumer USA, and Nationstar Mortgage
PR Newswire - Mon Aug 01, 6:45AM CDT
This morning, Stock-Callers.com assesses the U.S. Mortgage Investment industry as experts anticipates both mortgage rates and home prices to rise with a fresh interest rate hike from the Fed, stronger U.S. gross domestic product growth and a moderately stronger jobs market. Positive improvements are expected for the housing market as it slowly recovers this year. In light of this, investors can expect opportunities ahead. Let us see how the following stocks have fared lately: Ally Financial Inc. (NYSE: ALLY), Ocwen Financial Corp. (NYSE: OCN), Santander Consumer USA Holdings Inc. (NYSE: SC), and Nationstar Mortgage Holdings Inc. (NYSE: NSM). You can access of our complimentary research reports on these mortgage investment stocks now at:
SC: 12.31 (-0.14), ALLY: 19.79 (-0.03), OCN: 3.33 (-0.11), NSM: 16.07 (-0.11)
Here's Why Ocwen (OCN) Stock Surged 25% Despite Q2 Loss
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:37AM CDT
Lower-than-expected adjusted loss of 2 cents per share in second-quarter 2016 was one of the reasons for the rise in Ocwen's share price.
MAIN: 34.57 (+0.10), ARCC: 16.38 (-0.01), OCN: 3.33 (-0.11), GARS: 10.91 (+0.08)
Ocwen Financial Announces Operating Results For Second Quarter 2016
GlobeNewswire - Wed Jul 27, 3:20PM CDT
-- Assisted 19,729 struggling homeowners through completed loan modifications, up 19% from first quarter 2016
OCN: 3.33 (-0.11)
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: 12.31 (-0.14), ALLY: 19.79 (-0.03), OCN: 3.33 (-0.11), NSM: 16.07 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11), NLNK: 10.24 (+0.33), LQDT: 10.17 (+0.02), SNAK: 9.66 (+0.07), DPZ: 150.18 (-0.82), ERII: 12.86 (+0.72)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11), PJC: 45.10 (+0.04), BZH: 11.67 (+0.31)
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: 3.33 (-0.11)
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: 17.09 (+0.04), ARCC: 16.38 (-0.01), OCN: 3.33 (-0.11), GARS: 10.91 (+0.08)
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: 3.33 (-0.11)
Ocwen and NAACP to Hold Homeowner Outreach Event in Washington State
GlobeNewswire - Tue Aug 30, 3:20PM CDT
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, along with the Seattle King County NAACP, announced today that they will host a Help & Hope for Homeowners borrower outreach event in Des Moines, Washington on September 10, 2016. The event will be held in Des Moines to attract borrowers from Seattle and Tacoma as well as the surrounding areas, where delinquency rates remain relatively high.
OCN: 3.33 (-0.11)
Ocwen Well Poised For Growth, Regulatory Probes Persist
Zacks Equity Research - Zacks Investment Research - Tue Aug 30, 7:38AM CDT
On Aug 29, 2016, we issued an updated research report on Ocwen Financial Corporation (OCN).
WD: 26.42 (-0.38), OCN: 3.33 (-0.11), TREE: 95.08 (-0.61), ESNT: 26.46 (-0.12)
Ocwen Financial Announces Pricing of $500 Million OMART Servicing Advance Securitization
GlobeNewswire - Thu Aug 04, 5:30AM CDT
Ocwen Financial Corporation, (NYSE:OCN) ("Ocwen" or the "Company"
, a leading financial services holding company, announced the pricing, on August 3, 2016, of $265 million in 2-year fixed rate asset-backed term notes with a weighted average fixed interest rate of 2.769% and $235 million in 3-year fixed rate asset-backed term notes with a weighted average fixed interest rate of 2.993% (together the "Term Notes" to be issued by Ocwen Master Advance Receivables Trust ("OMART". The issuance and sale of the Term Notes is subject to customary closing conditions and is expected to close on August 12, 2016. The net proceeds from the Term Notes will be used prepay $500 million of 1-year fixed rate asset-backed term notes coming due in OMART later this year that have a weighted average fixed interest rate of 2.781%. OCN: 3.33 (-0.11)
Mortgage Investment Stocks Under Scanner -- Ally Financial, Ocwen Financial, Santander Consumer USA, and Nationstar Mortgage
PR Newswire - Mon Aug 01, 6:45AM CDT
This morning, Stock-Callers.com assesses the U.S. Mortgage Investment industry as experts anticipates both mortgage rates and home prices to rise with a fresh interest rate hike from the Fed, stronger U.S. gross domestic product growth and a moderately stronger jobs market. Positive improvements are expected for the housing market as it slowly recovers this year. In light of this, investors can expect opportunities ahead. Let us see how the following stocks have fared lately: Ally Financial Inc. (NYSE: ALLY), Ocwen Financial Corp. (NYSE: OCN), Santander Consumer USA Holdings Inc. (NYSE: SC), and Nationstar Mortgage Holdings Inc. (NYSE: NSM). You can access of our complimentary research reports on these mortgage investment stocks now at:
SC: 12.31 (-0.14), ALLY: 19.79 (-0.03), OCN: 3.33 (-0.11), NSM: 16.07 (-0.11)
Here's Why Ocwen (OCN) Stock Surged 25% Despite Q2 Loss
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:37AM CDT
Lower-than-expected adjusted loss of 2 cents per share in second-quarter 2016 was one of the reasons for the rise in Ocwen's share price.
MAIN: 34.57 (+0.10), ARCC: 16.38 (-0.01), OCN: 3.33 (-0.11), GARS: 10.91 (+0.08)
Ocwen Financial Announces Operating Results For Second Quarter 2016
GlobeNewswire - Wed Jul 27, 3:20PM CDT
-- Assisted 19,729 struggling homeowners through completed loan modifications, up 19% from first quarter 2016
OCN: 3.33 (-0.11)
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: 12.31 (-0.14), ALLY: 19.79 (-0.03), OCN: 3.33 (-0.11), NSM: 16.07 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11), NLNK: 10.24 (+0.33), LQDT: 10.17 (+0.02), SNAK: 9.66 (+0.07), DPZ: 150.18 (-0.82), ERII: 12.86 (+0.72)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11)
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: 3.33 (-0.11), PJC: 45.10 (+0.04), BZH: 11.67 (+0.31)
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: 3.33 (-0.11)
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: 17.09 (+0.04), ARCC: 16.38 (-0.01), OCN: 3.33 (-0.11), GARS: 10.91 (+0.08)
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: 3.33 (-0.11)
