Ocwen Financial is a financial services holding company which, through its subsidiaries, is engaged in the servicing and origination of mortgage loans. Co. has two segments: Servicing and Lending. The Servicing segment provides services to owners of mortgage loans and foreclosed real estate. In most cases, Co. provides these services either because it purchased the mortgage servicing rights (MSRs) from the owner of the mortgage or because it entered into a subservicing or servicing agreement with the entity that owns the MSRs. The lending segment primarily originates and purchases agency-conforming mortgage loans, mainly through correspondent lending.
OCN — Key Stats (updated Monday, March 3, 10:23 AM)
Fri, Feb 28, 9:10 AM, Zacks Ocwen Beats Earnings on Revenue Growth - Analyst Blog A substantial rise in revenues drove Ocwen's fourth-quarter 2013 adjusted earnings per share of $1.03, which outpaced the Zacks Consensus Estimate of 87 cents. Further, this compared favorably with 51 cents earned in the year-ago quarter.
Nothing in ETF Channel is intended to be investment advice, nor does it represent the opinion of, counsel
from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you
agree to the following Full Disclaimer & Terms of Service. Video widget and ETF videos powered by Market News Video. Quote data delayed at least 20
minutes; ETF data powered by Ticker Technologies, and Mergent. Contact ETF Channel; Meet Our Editorial Staff.