Ocwen Financial Corp (OCN.N)

OCN.N on New York Stock Exchange

38.59USD
22 Apr 2014
Price Change (% chg)

$0.53 (+1.39%)
Prev Close
$38.06
Open
$38.18
Day's High
$38.93
Day's Low
$38.05
Volume
303,528
Avg. Vol
579,137
52-wk High
$60.18
52-wk Low
$33.54

OCN.N

Chart for OCN.N

About

Ocwen Financial Corporation is a financial services holding company. The Company is engaged in the servicing and origination of mortgage loans. The Company's Shared Appreciation Modification (SAM) incorporates principal reductions and lower payments for borrowers while providing a net present value positive loss mitigation... (more)

Overall

Beta: 0.66
Market Cap (Mil.): $5,216.45
Shares Outstanding (Mil.): 135.18
Dividend: --
Yield (%): --

Financials

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UPDATE 1-NY regulator probes Ocwen Financial for possible 'self-dealing'

(Adds background on Lawsky's actions against Ocwen, previous comments from Ocwen executives)

22 Apr 2014

NY regulator suspects Ocwen Financial of possible 'self-dealing'

April 21 - New York's banking regulator is probing Ocwen Financial Corp, which collects mortgage payments, for potentially over charging borrowers and investors to auction off foreclosed properties it services.

21 Apr 2014

BRIEF-NY regulator accuses Ocwen Financial affiliate of potential "self-dealing:" letter

* Ny banking regulator accuses Ocwen Financial affiliate of potential "self-dealing:" letter

21 Apr 2014

RPT-FEATURE-US retirees return to reverse mortgages, big banks stay away

March 17 - U.S. baby boomers desperate for retirement income are increasingly turning back to a financial product that, after the housing bust, had been left for dead: the reverse mortgage.

17 Mar 2014

FEATURE-US retirees return to reverse mortgages, big banks stay away

March 17 - U.S. baby boomers desperate for retirement income are increasingly turning back to a financial product that, after the housing bust, had been left for dead: the reverse mortgage.

17 Mar 2014

UPDATE 1-Mortgage servicer Ocwen's profit rises 60 pct

Feb 27 - Mortgage servicer Ocwen Financial Corp's quarterly profit jumped 60 percent and revenue more than doubled as banks sell more servicing rights to meet stricter regulations.

27 Feb 2014

Mortgage servicer Ocwen's profit rises 60 pct

Feb 27 - Mortgage servicer Ocwen Financial Corp's quarterly profit rose 60 percent as it serviced more home loans.

27 Feb 2014

UPDATE 1-NY banking regulator raises conflict questions about Ocwen

Feb 26 - New York's banking regulator said on Wednesday that executives at Ocwen Financial Corp, a company that collects home loan payments, have ties to related mortgage companies that may give them an incentive to push borrowers into foreclosure.

27 Feb 2014

NY banking regulator raises conflict questions about Ocwen

Feb 26 - New York's banking regulator on Wednesday requested financial information from Ocwen Financial Corp about executives' holdings and connections to affiliated companies that raise conflict of interest questions about the company that collects payments on mortgages.

26 Feb 2014

UPDATE 1-Investors mull action against Ocwen Financial -source

NEW YORK, Feb 11 - A number of institutional investors including BlackRock Inc are considering the possibility of legal action against Ocwen Financial Corp over its mortgage servicing practices, a person familiar with the matter said on Tuesday.

12 Feb 2014

Earnings vs. Estimates

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