The Consumer Financial Protection Bureau is suing Ocwen (OCN) Financial Corporation and its subsidiaries, accusing the company of "years of widespread errors, shortcuts, and runarounds [that] cost some borrowers money and others their …
Disclosure: I am/we are long OCN. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is …
Even Wall Street has standards. I know that might sound hard to believe, but to benefit from the liquidity, capital-raising power and prestige that come with a listing on the New York Stock Exchange or Nasdaq, a company has to follow a …
On Tuesday, Ocwen Financial Corp. (OCN) repurchased 100,000 shares or 61.7% of its outstanding shares of Series A Perpetual Convertible Preferred Stock from WL Ross & Co. for approximately $158.7 million. These shares were …
Taking note of the latest scientific fisheries stock assessments by the Secretariat of the Pacific Community (SPC), the Leaders reaffirmed their intention to continue …
Ocwen Financial disclosed late Monday that it had been threatened with a possible delisting by the New York Stock Exchange for non-compliance with continued listing standards. Reacting to the late Monday disclosure, Ocwen’s …
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 consensus …
Ocwen Financial Corp. OCN plunged nearly 9% following the release of its latest investor presentation, which was filed with the Securities and Exchange Commission. The leading mortgage servicer provided an updated outlook for 2015, which …
Some of the biggest gainers among financial stocks include: Texas Pacific Land Trust (TPL): TPL stock is up 2.4% today. Ocwen Financial Corp (OCN): OCN stock is up 2.3% today. Bancorpsouth Inc (BXS): BXS stock is up 2.1% today. …