Ocwen Financial Corp (OCN.N)

OCN.N on New York Stock Exchange

16.01USD
22 Dec 2014
Price Change (% chg)

$-5.89 (-26.90%)
Prev Close
$21.90
Open
$19.75
Day's High
$19.90
Day's Low
$15.05
Volume
4,377,454
Avg. Vol
746,389
52-wk High
$56.82
52-wk Low
$15.05

OCN.N

Chart for OCN.N

About

Ocwen Financial Corporation is a financial services holding company. The Company is engaged in the servicing and origination of mortgage loans. The Company's Shared Appreciation Modification (SAM) incorporates principal reductions and lower payments for borrowers while providing a net present value positive loss mitigation... (more)

Overall

Beta: 0.67
Market Cap (Mil.): $2,755.34
Shares Outstanding (Mil.): 125.81
Dividend: --
Yield (%): --

Financials

  OCN.N Industry Sector
P/E (TTM): 18.47 15.92 15.17
EPS (TTM): 1.19 -- --
ROI: 2.64 2.33 0.86
ROE: 10.13 9.55 22.71
Search Stocks

Ocwen executive chairman to step down in $150 mln settlement

- Ocwen Financial Corp agreed to replace its chairman as part of a $150 million settlement with New York's financial regulator after the mortgage collection company admitted to violations, including improper foreclosures.

12:22pm EST

Ocwen executive chairman to step down in $150 million settlement

- Ocwen Financial Corp agreed to replace its chairman as part of a $150 million settlement with New York's financial regulator after the mortgage collection company admitted to violations, including improper foreclosures.

12:06pm EST

UPDATE 2-Ocwen executive chairman to step down in $150 mln settlement

(Updates share price, adds background on Ocwen's issues with Lawsky)

12:04pm EST

Ocwen executive chairman to resign in New York settlement - WSJ

Dec 22 - Ocwen Financial Corp's executive chairman, William Erbey, will step down as part of a legal settlement with New York's financial regulator, the Wall Street Journal reported, citing people familiar with the matter.

1:50am EST

Ocwen being examined over whether it delayed home sales: Bloomberg

- Ocwen Financial Corp is facing scrutiny from New York state and the federal government over whether the mortgage servicer improperly stalled short sales of property to collect more fees, Bloomberg reported, citing sources.

18 Dec 2014

Ocwen being examined over whether it delayed home sales-Bloomberg

Dec 18 - Ocwen Financial Corp is facing scrutiny from New York state and the federal government over whether the mortgage servicer improperly stalled short sales of property to collect more fees, Bloomberg reported, citing sources.

18 Dec 2014

Fitch: Ocwen Integration Drags on US Servicer Monitor Report

(The following statement was released by the rating agency) NEW YORK, December 17 (Fitch) The Office of Mortgage Oversight's Interim Compliance Report indicates improving servicing capabilities and compliance for most of the residential servicers subject to the National Mortgage Settlement, Fitch Ratings says. One possible exception to this trend is Ocwen Loan Servicing, for which challenges remain. In Fitch's view, Ocwen's challenges are partially attributable to the significant integratio

17 Dec 2014

Ocwen faulted by watchdog for compliance with servicing settlement

WASHINGTON, Dec 16 - Ocwen Financial Corp's mortgage servicing operations were criticized on Tuesday by a watchdog who questioned the independence of an internal audit group, adding to previous concerns from regulators.

16 Dec 2014

UPDATE 1-Mortgage servicer Ocwen swings to loss due to legal costs

Oct 30 - Ocwen Financial Corp swung to a quarterly loss as the mortgage servicer set aside $100 million for a potential settlement with the New York Department of Financial Services over allegations of backdated foreclosure letters.

30 Oct 2014

Mortgage servicer Ocwen posts loss due to legal costs

Oct 30 - Ocwen Financial Corp swung to a quarterly loss as the mortgage servicer set aside $100 million for a potential settlement with the New York Department of Financial Services over allegations of backdated foreclosure letters.

30 Oct 2014

Earnings vs. Estimates

Analyst Research Reports

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Stock Traders Daily
$20.00
Provider: New Constructs, LLC
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00
Provider: ValuEngine, Inc.
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Search Stocks