The dual actions caused the company's stock to plunge nearly 54% on Thursday. Shares edged up 0.8% to $2.52 on …
Shares of Ocwen were briefly halted in the first half of Monday’s trading due to volatility. Prior to the halt, shares were down as much as 10% at $8.63. After shares resumed trading, they leaped 6.5% to $10.24. The stock has a …
Shares of Ocwen Financial Corp. rocketed 41% in afternoon trade Friday, after the troubled financial services company …
Embattled mortgage servicer Ocwen said it has enough cash even as it warned it would record a loss for the fourth quarter and full year because of fines and higher servicing costs. Ocwen said in a shareholders’ letter that it has $249 million …
Altisource shares fell 13% to $101.00 at 4 p.m. Wednesday on the Nasdaq Stock Market, while Ocwen shares dropped 7% to $36.76 on the New York Stock Exchange. Home Loan Servicing fell 1.5% to $20.69 on Nasdaq. In addition to …
The troublesome news over the years has taken a toll on Ocwen's stock, which is trading at less than $3 a share, down from the $50 range it hit in 2013. Kevin Barker, senior research analyst for Piper Jaffray, said Ocwen isn't the first …