Ocwen Financial Corp (OCN.N)
43.00USD
10:24pm IST
$-0.53 (-1.22%)
$43.53
$43.53
$43.93
$42.64
221,705
369,960
$44.86
$14.59
OCN.N
About
Overall
| Beta: | 0.66 |
| Market Cap (Mil.): | $5,904.57 |
| Shares Outstanding (Mil.): | 135.64 |
| Dividend: | -- |
| Yield (%): | -- |
Financials
Ocwen to acquire Ally mortgage servicing rights
- The banking unit of Ally Financial, the bailed-out auto lender that is 74 percent-owned by the U.S. government, is selling the majority of its mortgage servicing rights portfolio to Ocwen Financial Corp for $585 million, Ally said on Tuesday.
UPDATE 1-Ocwen to acquire Ally mortgage servicing rights
March 12 - The banking unit of Ally Financial, the bailed-out auto lender that is 74 percent-owned by the U.S. government, is selling the majority of its mortgage servicing rights portfolio to Ocwen Financial Corp for $585 million, Ally said on Tuesday.
Ocwen to acquire Ally mortgage servicing rights
NEW YORK, March 12 - Ally Bank, the banking subsidiary of Ally Financial, is selling the majority of its mortgage servicing rights portfolio to Ocwen Financial Corp for $585 million, the bank said on Tuesday.
Exclusive: Ocwen leads in deal to buy Ally mortgage rights - sources
NEW YORK - Ocwen Financial Corp is in the lead to buy a portfolio of mortgage collection rights from Ally Bank worth around $1 billion, three people familiar with the situation said on Thursday.
UPDATE 3-BofA to sell rights to service $300 bln loans-sources
NEW YORK, Jan 4 - Bank of America Corp is in talks to sell collection rights on $300 billion of mortgages, two sources familiar with the situation said, in an effort to offload problem exposure after huge losses from its Countrywide Financial acquisition.
UPDATE 2-BofA to sell $300bln in mortgage service rights-sources
NEW YORK, Jan 4 - Bank of America Corp is in talks to sell mortgage servicing rights on more than $300 billion of loans, two sources familiar with the situation said, in an effort to offload problem mortgage exposure after huge losses on its disastrous 2008 Countrywide Financial acquisition.
BofA to sell over $300 bln in mortgage servicing rights-sources
NEW YORK, Jan 4 - Bank of America Corp is in talks to sell mortgage servicing rights on more than $300 billion of loans, according to two sources familiar with the situation.
NY regulator requires monitor to oversee Ocwen mortgage practices
Dec 5 - A New York state regulator said it has ordered Ocwen Financial Corp to hire a monitor to make sure the growing mortgage servicer complies with a previous agreement to reform its practices.
New York regulator yet to approve Ocwen's two recent deals - WSJ
Dec 4 - New York's top state bank regulator is yet to approve Ocwen Financial Corp's recent agreements to buy two mortgage servicing firms as a result of concerns about what it says are unfair loan practices, the Wall Street Journal reported.
Competitors
| Price | Change | |
|---|---|---|
| Annaly Capital Management, Inc. (NLY.N) | $14.72 | +0.07 |
| Annaly Capital Management, Inc. (NLY_pa.N) | $26.53 | +0.01 |
| Annaly Capital Management, Inc. (NLY_pc.N) | $26.56 | +0.05 |
| Annaly Capital Management, Inc. (NLY_pd.N) | $26.15 | +0.08 |
| American Capital Agency Corp. (AGNC.OQ) | $28.78 | +0.23 |
| American Capital Agency Corp. (AGNCP.OQ) | $26.45 | -0.06 |
| FirstCity Financial Corporation (FCFC.O) | -- | -- |
| America First Tax Exempt Investors, L.P. (ATAX.OQ) | $6.95 | +0.02 |
| Jordan Mortgage Refinancing Company Ltd. (JMRC.AM) | -- | -- |
Earnings vs. 
Estimates
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