ATLANTA, Oct. 24, 2011 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE:OCN) today reported net income of $20.2 million or $0.19 per share for the third quarter of 2011. This compares with a net loss of $8.8 million or $0.09 per share for the third quarter of 2010.
ATLANTA, Oct. 24, 2011 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) will hold its conference call on Tuesday, October 25, 2011 at 11:00 a.m. (ET) to review the Company's operating results. These events will follow Ocwen's 3rd Quarter 2011 earnings release. The press release will also
Housing Advocacy Non-Profits, Federal Agencies and Mortgage Servicer Convene to More Effectively Prevent Foreclosures and Help Homeowners WASHINGTON, Oct. 10, 2011 (GLOBE NEWSWIRE) -- More than 50 representatives of grassroots and national housing advocacy organizations engaged in a three-hour
ATLANTA, Aug. 4, 2011 -- Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE:OCN) today reported Net income of $26.4 million or $0.25 per share for the second quarter of 2011. This compares with Net income of $16.0 million or $0.15 per share for the second quarter of 2010.
Servicer's SAM Program Addresses Dual Problem of Higher Defaults Among Underwater Borrowers and Risk of Rewarding Delinquency; Borrowers Have Financial Incentive to Stay Current, Yet Must Share Market Upside With Loan Investors
Ocwen Announces Servicing Advance Recovery Policy Updates on Non-Agency RMBS Bonds ATLANTA, July 14, 2011 -- Ocwen Loan Servicing, LLC ("Ocwen"), a subsidiary of Ocwen Financial Corporation (NYSE:OCN), today announced updates to its servicing advance recovery policies on future servicing
Ocwen Financial Corporation Schedules Conference Call - 2nd Quarter 2011 Results ATLANTA, July 20, 2011 -- Ocwen Financial Corporation (NYSE:OCN) will hold its conference call on Thursday, August 4, 2011 at 11:00 a.m. (ET) to review the Company's operating results.
Ocwen Launches Turnkey Servicing Operation for Buyers of Distressed Mortgages Chairman William Erbey stated that, "In our discussions with hedge funds and other buyers of distressed assets, there was a desire to use Ocwen's proven prowess as a special servicer but retain 'hands-on' control over an
"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
