Usually I put the bank, M&A, investor, and agency news down lower. But today I am putting it here - the trends in M&A …
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 …
Yet even with that top-line decline, Ocwen reversed a year-ago loss with net income of $2.55 million, and that worked out to a $0.02 per share profit. That defied expectations among those following the stock for a substantial loss. Ocwen's …
Ocwen’s share price fell by as much as 31 percent on Monday afternoon, closing down 27 percent, at $16.01. In October 2013, the stock traded as high as $59.97. Mortgage servicers perform crucial functions that affect millions of borrowers. …
Ocwen Financial(NYSE: OCN) continued to decline by 1.04 percent going into the Tuesday session, following regulatory issues pertaining to affiliated entities over force-placed-insurance. “We originally upgraded the stock to a Buy from …
The mortgage servicer will get back its $25 million deposit, according to the filing. Ocwen stock fell more than 6 percent, to about $21.18, in after-hours trading, after a Post exclusive on Thursday. The scuttled acquisition comes after the New …
As an independent company, Ocwen Solutions will be better positioned to pursue business opportunities with other servicers, and will also have the option of offering its stock to potential acquisition targets, Ocwen Financial said. …
The term loan is secured by a first priority interest in all unencumbered assets of the company and a pledge of capital stock of all subsidiaries. OCN's senior unsecured notes have been affirmed at 'CC/RR6', which maintains the two-notch …
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 …
Ocwen Financial plans to raise $250 million in a public offering of common stock, The South Florida Business Journal reported. The loan servicing company on Tuesday reported earnings of $17.8 million on revenue of $109.1 million in the …