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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...
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 ...
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. ...
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 ...
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...
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...
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...
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. ...
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 ...
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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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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