Reported a Net Loss of $25.5 million and a Pre-tax Loss of $87.3 million for the first quarter of 2020 and ended the quarter with $429.9 million of total stockholders' equity, or a book value per share of $3.32 . Financial results included $78 million unfavorable impact on pre-tax loss due to
WEST PALM BEACH, Fla. , May 01, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Friday, May 8, 2020 at 8:30 a.m. (ET) to review the Company’s first quarter 2020 operating results.
WEST PALM BEACH, Fla. , April 13, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that the New York Stock Exchange (“NYSE”) has notified the Company that the average per share trading
Taking Decisive Action to Address COVID-19 Updating 2020 Earnings Guidance due to Evolving Business and Financial Implications of COVID-19 WEST PALM BEACH, Fla. , April 03, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage
Achieved Net Income of $34.9 million for the fourth quarter of 2019 Increasing 2020 volume target for lending and flow channels to $15 - 20 billion reflecting continued strong growth and business momentum across originations platform Expense savings from cost re-engineering initiatives were
WEST PALM BEACH, Fla. , Feb. 19, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Wednesday, February 26, 2020 at 8:30 a.m. (ET) to review the Company’s fourth quarter 2019 operating results.
Continued strong execution against key business initiatives resulted in estimated fourth quarter 2019 pre-tax income of $37 million , net income of $35 million , pre-tax earnings excluding income statement notables of approximately $12 million , and total shareholders’ equity of $412 million as of
WEST PALM BEACH, Fla. , Jan. 27, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, announced today that it has entered into an amendment to its Senior Secured Term Loan (“SSTL”) that extends the maturity
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.
"My family and I would like to extend our deepest gratitude. Thank you for expeditiously coming to
a favorable agreement regarding our new home on Galaxy. We sincerely appreciate that you took the
time to personally work with Jim, our realtor...this is the best Christmas gift we could have
received!"
- Heather D.
Chandler, AZ
