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Ocwen Financial ( NYSE: OCN ) said Monday it appointed Glen Messina as board chair, effective immediately. Messina, who will continue to serve as president and CEO, succeeds Phyllis Caldwell. Caldwell will remain on the board as an independent director and intends to stand for...
WEST PALM BEACH, Fla., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its Board of Directors (the “Board”) has unanimously...
Ocwen Financial Corporation (OCN) Q3 2022 Results Conference Call November 03, 2022 08:30 AM ET Company Participants Dico Akseraylian - Senior Vice President Corporate Communications Glen Messina - Chief Executive Officer Sean O’Neil - Chief Financial Offi...
Ocwen Financial press release ( NYSE: OCN ): Q3 GAAP EPS of $4.33 beats by $3.91 . Annualized return on GAAP book equity of 27%. Book Value Per Share of $69, up $14 from year-end 2021. Total liquidity of $255M as of September 30, 2022, an increase of $62M over ...
Net income of $37 million and earnings per share of $4.33; annualized return on GAAP book equity of 27% Net income includes MSR Fair Value Net gain of $53 million Book Value Per Share of $69, up $14 from year-end 2021 Repurchased $48 million of stock since launch of program as...
Ocwen Financial ( NYSE: OCN ) is scheduled to announce Q3 earnings results on Thursday, November 3rd, before market open. The consensus EPS Estimate is $0.07 (-96.9% Y/Y) and the consensus Revenue Estimate is $252.21M (-10.9% Y/Y). Over the last 3 months, EPS estimates...
WEST PALM BEACH, Fla., Oct. 26, 2022 (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, November 3, 2022 at ...
30 years of experience in mortgage subservicing and default servicing Newly created sales executive role to drive special servicing growth opportunities WEST PALM BEACH, Fla., Oct. 17, 2022 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the ȁ...
WEST PALM BEACH, Fla. , Sept. 09, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the minimum financial eligibility...
Summary Ocwen Financial Corporation remains sturdy amidst headwinds with its well-balanced business model. Revenue growth is hammered, but margins and cash inflows are stable. Its stable liquidity position and efficient asset management remain its cornerstones. Ocwen Finan...
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WEST PALM BEACH, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it has officially started operating under its new brand name effective Monda...
New name and NYSE trading symbol (“ONIT”) expected to be effective June 10, 2024 PHH Mortgage expected to rebrand to Onity Mortgage in the fall of 2024 WEST PALM BEACH, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen ...
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