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OCN News and Press, Ocwen Financial Corporation From 07/18/23

Stock Information

Company Name: Ocwen Financial Corporation
Stock Symbol: OCN
Market: NYSE
Website: omnicomgroup.com

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OCN - Ocwen Financial Corporation: Need More To Make This A Buy

2023-07-18 10:48:14 ET Summary Ocwen Financial Corporation reported a net loss of $40 million in Q1 2023, impacted by a $39 million reduction in unrealized MSR fair value due to lower interest rates. Despite cost reduction measures resulting in over $100 million less operating exp...

OCN - Ocwen Financial Corporation (OCN) Q1 2023 Earnings Call Transcript

2023-05-04 14:36:13 ET Ocwen Financial Corporation (OCN) Q1 2023 Results Conference Call May 04, 2023 08:30 AM ET Company Participants Dico Akseraylian - SVP of Communications Glen Messina - CEO, President and Chair of the Board Sean O’Neil - Executive VP ...

OCN - Ocwen Financial reports Q1 results

2023-05-04 06:51:21 ET Ocwen Financial press release ( NYSE: OCN ): Q1 net loss of $40 million, driven by a $39 million reduction in unrealized MSR fair value due to lower interest rates. Adjusted pre-tax income of $6 million, driven by strong servicing performance. ...

OCN - Ocwen Financial Announces First Quarter 2023 Results

Net loss of $40 million, driven by a $39 million reduction in unrealized MSR fair value due to lower interest rates Adjusted pre-tax income of $6 million, driven by strong servicing performance Achieved an annualized cost reduction of more than $100 million versus Q2’22 baseline ...

OCN - Ocwen Financial Q1 2023 Earnings Preview

2023-05-03 12:26:35 ET Ocwen Financial ( NYSE: OCN ) is scheduled to announce Q1 earnings results on Thursday, May 4th, before market open. The consensus EPS Estimate is -$0.29 and the consensus Revenue Estimate is $250.91M Over the last 3 months, EPS estimates have se...

OCN - PHH Mortgage Announces New Subservicing Agreement with Finance of America Reverse

WEST PALM BEACH, Fla., May 03, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced that it has entered into a re...

OCN - Ocwen Financial Comments on U.S. District Court's Favorable Decision in CFPB Matter

WEST PALM BEACH, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today issued the following statement in response to rulings entered on May 2, 2023 by th...

OCN - Ocwen Financial Schedules Conference Call - First Quarter 2023 Results and Business Update

WEST PALM BEACH, Fla., April 26, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, May 4, 2023 at 8:30 a.m. ...

OCN - PHH Mortgage Renews Partnership with NAACP to Help Homeowners Through Virtual Borrower Outreach Series

Fourth consecutive year partnering with NAACP for annual borrower outreach series 40 regional virtual events planned for 2023 WEST PALM BEACH, Fla., April 25, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage , a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading ...

OCN - PHH Mortgage Announces Initial Results of New Subservicing Relationship With Sierra Pacific

WEST PALM BEACH, Fla., April 18, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced key servicing performance r...

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