Edition:
United States

Ocwen Financial Corp (OCN.N)

OCN.N on New York Stock Exchange

2.69USD
12 Nov 2018
Change (% chg)

$-0.14 (-4.95%)
Prev Close
$2.83
Open
$2.84
Day's High
$2.84
Day's Low
$2.61
Volume
518,506
Avg. Vol
272,560
52-wk High
$4.84
52-wk Low
$2.61

Latest Key Developments (Source: Significant Developments)

Ocwen Financial Q3 GAAP Loss Per Share $0.31
Tuesday, 6 Nov 2018 06:20am EST 

Nov 6 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL ANNOUNCES OPERATING RESULTS FOR THIRD QUARTER 2018.Q3 GAAP LOSS PER SHARE $0.31.Q3 REVENUE $238.3 MILLION.Q3 EARNINGS PER SHARE VIEW $-0.16, REVENUE VIEW $241.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Ocwen Financial Says Co Voluntarily Paid Down $25 Mln Of Its Senior Secured Term Loan
Monday, 9 Apr 2018 04:43pm EDT 

April 9 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL SAYS CO VOLUNTARILY PAID DOWN $25.0 MILLION OF ITS SENIOR SECURED TERM LOAN - SEC FILING.FOLLOWING THE $25 MILLION PAY DOWN, CO HAS ABOUT $269.1 MILLION OUTSTANDING UNDER ITS SENIOR SECURED TERM LOAN.  Full Article

Ocwen Financial Has Entered Into Additional Agreement To Resolve Regulatory Action Brought By Massachusetts
Friday, 23 Mar 2018 06:44am EDT 

March 23 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL SAYS HAS ENTERED INTO AN ADDITIONAL AGREEMENT TO RESOLVE REGULATORY ACTION BROUGHT BY MASSACHUSETTS - SEC FILING.OCWEN-AGREED WITH MASSACHUSETTS REGULATORY AGENCY ON CERTAIN TERMS, PAYMENT BY CO OF $1 MILLION TO COMMONWEALTH OF MASSACHUSETTS MORTGAGE EDUCATION TRUST.OCWEN FINANCIAL CORP - CONTINUES TO SEEK RESOLUTIONS WITH MASSACHUSETTS ATTORNEY GENERAL.  Full Article

Ocwen Financial Q4 Loss Per Share $0.34
Wednesday, 28 Feb 2018 06:30am EST 

Feb 28 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL ANNOUNCES OPERATING RESULTS FOR FOURTH QUARTER AND FULL YEAR 2017.Q4 LOSS PER SHARE $0.34.QUARTERLY TOTAL REVENUE $276.8 MILLION VERSUS $323.9 MILLION.  Full Article

Ocwen Financial Enters Definitive Agreement To Acquire PHH Corp For $360 Mln
Tuesday, 27 Feb 2018 04:35pm EST 

Feb 27 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL CORPORATION ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE PHH CORPORATION FOR $360 MILLION.  Full Article

Ocwen Financial Corp Says It Has Entered Into An Additional Agreement To Resolve The Regulatory Action Brought By Maryland - SEC Filing
Monday, 26 Feb 2018 06:04pm EST 

Feb 26 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL CORP SAYS IT HAS ENTERED INTO AN ADDITIONAL AGREEMENT TO RESOLVE THE REGULATORY ACTION BROUGHT BY MARYLAND - SEC FILING.OCWEN FINANCIAL CORP SAYS AS OF FEB 26, TOTAL NUMBER OF JURISDICTIONS WHERE CO HAS REACHED A RESOLUTION IS 29.  Full Article

Ocwen Financial Corp Entered Additional Agreement To Resolve The Regulatory Action Brought By Connecticut‍​
Thursday, 1 Feb 2018 05:17pm EST 

Feb 1 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL CORP - ENTERED ADDITIONAL AGREEMENT TO RESOLVE THE REGULATORY ACTION BROUGHT BY CONNECTICUT - SEC FILING‍​.  Full Article

Ocwen Financial Enters Into Additional Agreements To Resolve Regulatory Actions Brought By Oregon And Wyoming
Wednesday, 27 Dec 2017 06:26am EST 

Dec 27 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL - OCWEN ENTERED INTO ADDITIONAL AGREEMENTS TO RESOLVE REGULATORY ACTIONS BROUGHT BY OREGON AND WYOMING - SEC FILING.OCWEN FINANCIAL - AGREEMENT RESOLVING OREGON REGULATORY ACTION CONTAINS KEY TERMS THAT ARE SIMILAR TO AGREEMENTS OCWEN PREVIOUSLY DISCLOSED.OCWEN FINANCIAL - UNDER A SEPARATE AGREEMENT, WYOMING REGULATORY AUTHORITY ALSO DISMISSED ITS CEASE & DESIST ORDER.  Full Article

Ocwen Agrees To Settle Previously Disclosed Opt-Out Securities Fraud Action
Monday, 4 Dec 2017 06:01am EST 

Dec 4 (Reuters) - Ocwen Financial Corp ::OCWEN FINANCIAL CORP - ‍ REACHED AN AGREEMENT IN PRINCIPLE TO SETTLE PREVIOUSLY DISCLOSED OPT-OUT SECURITIES FRAUD ACTION - SEC FILING.OCWEN FINANCIAL CORP - ‍ SETTLEMENT RELATED TO OPT-OUT SECURITIES FRAUD ACTION WILL INCLUDE AN AGGREGATE CASH PAYMENT BY COMPANY OF $36 MILLION​.OCWEN FINANCIAL CORP - ‍ PRESIDING COURT POSTPONED TRIAL DATE TO ALLOW FINALIZATION OF SETTLEMENT RELATED TO OPT-OUT SECURITIES FRAUD ACTION​.  Full Article

CIT, Ocwen Agree To Resolve Claims Filed In Demand For Arbitration
Monday, 4 Dec 2017 05:53am EST 

Dec 4 (Reuters) - Cit Group Inc ::CIT GROUP SAYS ON NOV 22, OCWEN LOAN SERVICING AGREED TO A $29.9 MILLION SETTLEMENT TO RESOLVE CLAIMS FILED IN DEMAND FOR ARBITRATION AGAINST CO ON AUG 12, 2016.CIT GROUP INC SAYS THE $29.9 MILLION SETTLEMENT WILL NOT HAVE A MATERIAL EFFECT ON CO'S FINANCIAL CONDITION OR RESULTS OF OPERATIONS - SEC FILING.  Full Article

Insurer not required to defend Ocwen robocall lawsuit - ruling

Ocwen Loan Servicing cannot recover the costs of defending a class action over allegedly harassing phone calls under its liability insurance because the policy excludes conduct that violates federal law, a federal judge in Chicago ruled.