Ocwen Financial Corp is a key player in the mortgage industry, offering a wide range of services including the origination and servicing of mortgage loans. With operations in the United States, the United States Virgin Islands, India, and the Philippines, it caters to both commercial and residential markets. Its services encompass forward and reverse mortgage loan servicing, special servicing, and asset management. Ocwen is known for its brands PHH Mortgage and Liberty Reverse Mortgage, and has been a significant name in the financial services sector since its establishment in 1988, headquartered in West Palm Beach, Florida.
Loan servicer Ocwen got a big lift following Thursday's announcement that the company expects to post positive net income in the second quarter. Maybe the company has put a long run of…
Paul Ausick The Consumer Financial Protection Bureau and regulators from 22 states announced lawsuits or enforcement actions on Thursday against Ocwen Financial, a leading servicer of subprime mortgage loans.
Paul Ausick The top analyst upgrades, downgrades and initiations seen on Tuesday morning include Ariad Pharmaceuticals, AT&T, Chesapeake Energy, Hain Celestial, Nike and Visa.
Although stocks are beginning to make a comeback at this time, there are still those that are caught in the downturn slowing this recovery and punishing their shareholders.
March 1, 2016: Here are four stocks trading with heavy volume among 44 equities making new 52-week lows today. Valeant Pharmaceuticals International Inc. (NYSE: VRX) dropped about 9% on Tuesday to post…
February 29, 2016: Here are four stocks trading with heavy volume among 30 equities making new 52-week lows today. Endo International plc (NASDAQ: ENDP) dropped about 22% on Monday to post a…
The SEC has announced that Ocwen Financial agreed to settle charges that it misstated financial results by using a flawed, undisclosed methodology to value its complex mortgage assets.
Chris Lange Friday’s top analyst upgrades, downgrades and initiations include Cablevision, Chipotle Mexican Grill, Flextronics, GoPro, Nabors, Ocwen Financial, Pier 1 Imports and Staples.
The U.S. Securities and Exchange Commission (SEC) charged Home Loan Servicing Solutions Ltd. (HLSS) for making material misstatements regarding the handling of related party transactions and the value of its primary asset…
Chris Lange Mortgage servicer Ocwen Financial announced Thursday that the company will eliminate about 300 jobs at its Waterloo, Iowa, residential loan service center.
ThinkstockOcwen Financial Corp. (NYSE: OCN) is still fighting an uphill battle financially from the backdated foreclosure letters in 2014. The company still has not made a full recovery and shares are in…
Chris Lange Jon OggStocks were indicated lower on Friday. The markets have been mixed, but investors have a history nearing four years of buying every dip for whatever reason is popular at the time.…
ThinkstockThe Consumer Financial Protection Bureau (CFPB) last week published its first Monthly Complaint Report, providing data the agency has collected regarding consumer complaints collected during the first four years of its existence.…
Investors and traders alike need to keep in mind that low-priced and small-cap stocks almost always come with more implied risks than well-established blue chips.
A key analyst has made a very positive research call that might give some Ocwen investors a belief that the worst has been seen.
Chris Lange 
