Reported a Net Loss of $42.8 million for the third quarter of 2019 Realized annualized run rate cost savings ahead of our expectations through the third quarter and are targeting a more accelerated pace of cost re-engineering in the fourth quarter Enhanced lending capabilities resulted in an
WEST PALM BEACH, Fla. , Oct. 28, 2019 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Tuesday, November 5, 2019 at 8:30 a.m. (ET) to review the Company’s third quarter 2019 operating results.
Reported a Net Loss of $89.7 million which was impacted by significant pre-tax items: $40.7 million of unfavorable interest rate and valuation assumption driven fair value changes and $10.1 million in re-engineering costs for the second quarter of 2019 Completed the final phase of our loan transfer
Reported a Net Loss of $44 million for the first quarter of 2019 Closed or have been awarded MSRs to date with current UPB of $31 billion On track to complete servicing system conversion to Black Knight MSP ® and the merger of our principal licensed legal entities in the second quarter of 2019
Reported a Net Loss of $(2.3) million for the fourth quarter of 2018 and a Net Loss of $(70.8) million for the full year 2018 Completed the acquisition of PHH Corporation , ended the year with a total servicing portfolio of 1.6 million loans representing unpaid principal balance (“UPB”) of $256
Reported a net loss of $41 million , or $0.31 per share Ended the quarter with $255 million of cash Completed acquisition of PHH Corporation for $358 million in cash Glen A. Messina became the President and Chief Executive Officer of Ocwen and a member of its Board of Directors Helped over 9,100
Reported a Q2 2018 net loss of $(30) million , a $15 million improvement over Q2 2017 Generated $97 million of Cash Flows from Operating Activities during the quarter Helped over 10,700 struggling families remain in their homes through loan modifications Voluntarily paid-down $50 million of
Reported Q1 2018 net income of $3 million , a $35 million improvement over Q1 2017 Generated $99 million of Cash Flows from Operating Activities Helped almost 11,600 struggling families remain in their homes through loan modifications that included $59 million of debt forgiveness Amended our NRZ
WEST PALM BEACH, Fla. , April 25, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) will hold a conference call on Wednesday, May 2, 2018 at 8:30 a.m. (ET) to review the Company’s 1 st Quarter 2018 operating results. These events will follow Ocwen’s 1 st Quarter 2018 earnings
Net Loss of $(128.5) million for 2017, a $70.9 million improvement over 2016 Generated $412 million of Cash Flows from Operating Activities in 2017 Helped over 45,000 struggling families remain in their homes through loan modifications WEST PALM BEACH, Fla. , Feb.
"My family and I would like to extend our deepest gratitude. Thank you for expeditiously coming to
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- Heather D.
Chandler, AZ
