Story Continues Ocwen investors were quite happy with the results, and the stock soared 11% in pre-market trading following the announcement. The financial company still has a long way to go, but the progress it's making has been …
Nevertheless, Ocwen shareholders watched in horror as the stock was eviscerated falling from $5.51 to $2.12 (write that $2.12 number down for later) at the lows of the day, a 62% decline. The accusals are very concerning, yet perhaps in …
Down but not out. It ain't over 'til its over... All available clichés may apply to Ocwen Financial Corporation. At least the corporation hopes so. The company's stock surged yesterday on news it is moving aggressively to counteract what …
Mortgage servicer Ocwen Financial surged as much as 46% on Monday after saying it will sell $425 million of assets to help boost the company's finances. New Residential Corporation will purchase mortgage servicing rights from Ocwen in …
A year ago, they were trading at $4.41. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCN at https://www.zacks.com/ap/OCN
Ocwen posted a net loss of $6.25 million, reversing a year-ago profit. Yet the per-share loss of $0.05 was just half as large as the consensus forecast among those following the stock. Ocwen's challenges showed up especially clearly in the …