Ocwen Financial Corp (OCN.N)

OCN.N on New York Stock Exchange

7.63USD
3 Sep 2015
Change (% chg)

$0.06 (+0.79%)
Prev Close
$7.57
Open
$7.56
Day's High
$7.78
Day's Low
$7.50
Volume
257,992
Avg. Vol
683,803
52-wk High
$29.27
52-wk Low
$5.67

OCN.N

Chart for OCN.N

About

Ocwen Financial Corporation is a financial services holding company. The Company through its subsidiaries is engaged in the servicing and origination of mortgage loans. The Company operates in three segments such as, servicing, lending, and corporate items and other. The Company develops programs, such as Shared Appreciation... (more)

Overall

Beta: 1.18
Market Cap(Mil.): $949.13
Shares Outstanding(Mil.): 125.38
Dividend: --
Yield (%): --

Financials

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U.S. judge tosses racketeering lawsuit over Ocwen home inspections

NEW YORK, May 29 - A federal judge has dismissed a class action lawsuit accusing Ocwen Financial Corp of fraudulently billing hundreds of thousands of homeowners for needless property inspections, saying the case amounts to no more than a breach of contract claim.

30 May 2015

Ocwen to cut 140 jobs at Houston

May 27 - Private mortgage servicer Ocwen Financial Corp said it will cut 140 jobs as part of its move to stop residential servicing operations in Houston.

28 May 2015

Ocwen to sell servicing rights on $45 billion loans to JPMorgan

- JPMorgan Chase & Co's consumer and commercial banking unit said it would buy $45 billion of mortgage servicing rights from Ocwen Financial Corp .

14 May 2015

Ocwen to sell servicing rights on $45 bln loans to JPMorgan

May 14 - JPMorgan Chase & Co's consumer and commercial banking unit said it would buy $45 billion of mortgage servicing rights from Ocwen Financial Corp.

14 May 2015

UPDATE 1-Ocwen to sell additional $25 bln of loan servicing rights to Nationstar

March 24 - Ocwen Financial Corp said it would sell an additional $25 billion of servicing rights on agency loans to a subsidiary of Nationstar Mortgage Holdings Inc , its fourth such deal in two months.

24 Mar 2015

Ocwen to sell servicing rights on $25 bln of loans to Nationstar

March 24 - Ocwen Financial Corp said it would sell an additional $25 billion of residential mortgage servicing rights to a subsidiary of Nationstar Mortgage Holdings Inc.

24 Mar 2015

UPDATE 2-Ocwen rejects allegations of poor mortgage servicing practices

* Says some investors forcing changes to benefit their holdings

23 Mar 2015

Ocwen says should not be removed as servicer on mortgage pools -WSJ

March 23 - Ocwen Financial Corp has rebutted allegations that the company was responsible for poor mortgage-servicing practices and argued it should not be removed as a servicer on mortgage pools, the Wall Street Journal reported.

23 Mar 2015

Deals of the day-Mergers and acquisitions

March 18 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

19 Mar 2015

Ocwen to sell $9.6 billion mortgage servicing rights to Walter unit

- Ocwen Financial Corp said it was selling residential mortgage servicing rights worth $9.6 billion to a subsidiary of Walter Investment Management Corp .

18 Mar 2015

Earnings vs. Estimates

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