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ocwen financial corp. - All News and Analysis
Ocwen Financial Corp. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. There are no questions at this time. Dave Gunter Thank you, operator. This concludes our third quarter earnings release call. Thank you all for attending. Good bye. Copyright policy: All transcripts on this site are the copyright of Seeking Alpha. However, we view them as...
Ocwen Financial Corp. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions The first question comes from Rick Shane of Jefferies & Co. Your line is open. Rick Shane – Jefferies & Co. Thanks, guys. I appreciate all the discussion on the liquidity and funding side. But I have to admit I get a little bit...
Ocwen Financial Corp. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Bob Napoli. You may ask your question. Please state your company name. Bob Napoli - Piper Jaffray Piper Jaffray. And good morning and congratulations. I think it looks like a lot of questions, but the numbers look pretty good to...
Ocwen Financial Corporation Q4 2007 Earnings Call Transcript
Earnings Call ExcerptOcwen Financial Corporation OCN Q4 2007 Earnings Call February 12, 2008 11:00 am ET Executives David Gunter - Senior VP, CFO and Treasurer Bill Erbey - Chairman and CEO Ron Faris - President Bill Shepro - Senior Vice President of Ocwen Recovery Group Presentation Operator Welcome...
Emerging Markets Consulting, LLC. : Emerging Equity Alerts.
M2 PRESSWIRE-16 January 2008-Emerging Markets Consulting, LLC.: Emerging Markets Consulting, LLC. : Emerging Equity AlertsC1994-2008 M2 COMMUNICATIONS LTD RDATE:16012008 Orlando, FL -- Stocks gaining traction in yesterday's trading were Ocwen Financial Corporation, (NYSE: OCN), SumTotal Systems, Inc., (NASDAQ:...
EmergingMarketsllc.com: Emerging Equity Alerts.
M2 PRESSWIRE-4 August 2006-Emerging Markets Consulting, LLC.: EmergingMarketsllc.com: Emerging Equity AlertsC1994-2006 M2 COMMUNICATIONS LTD RDATE:04082006 Orlando, FL - Stocks gaining traction in yesterday's trading are BioMarin Pharmaceutical, Inc., (NASDAQ: BMRN), Big Lots, Inc., (NASDAQ:BLI), Ocwen Financial Corporation, (NASDAQ: OCN) and...
EmergingMarketsllc.com: Emerging Equity Alerts.
M2 PRESSWIRE-7 June 2006-Emerging Markets Consulting, LLC.: EmergingMarketsllc.com: Emerging Equity AlertsC1994-2006 M2 COMMUNICATIONS LTD RDATE:07062006 Orlando, FL - Stocks gaining traction in yesterday's trading are Charys Holding Company, Inc., (OTC BB: CHYS), Ocwen Financial Corporation, (NASDAQ: OCN), SonicWALL, Inc., (NASDAQ:...
Florida-based firm Ocwen Financial Solutions to hire 5,000 in India.
By Kalpana Shah, The Economic Times, India Knight Ridder/Tribune Business News Dec. 9--BANGALORE, India -- Ocwen Financial Solutions, a wholly-owned subsidiary of Ocwen Financial Corporation is expecting to hire 5,000 people in India by the end of next year, up from the...
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The Florida Times-Union, Jacksonville, Karen Brune Mathis Column.
By Karen Brune Mathis, The Florida Times-Union, Jacksonville Knight Ridder/Tribune Business News Jul. 23--Not unexpectedly, but with a degree of debate, three City Council committees approved the controversial $2.5 million tax rebate designed to help keep Aetna U.S. Healthcare on the downtown...
The Miami Herald Promotions Column.
Knight Ridder/Tribune Business News Jul. 27 -- MICHAEL A. KARMELIN has been named chief executive officer and chief financial officer of Touch Tone Technologies in Boca Raton. In his new role, he is responsible for formulating and implementing the company's business strategy and raising...
Additional Resources
Fitch Updates Ocwen's Resi Servicer Ratings; Placed on Rating Watch Negative
NEW YORK -- Fitch Ratings has updated Ocwen Financial Corporation's Ocwen U.S. residential servicer ratings as follows: --Primary servicer rating for subprime product updated at 'RPS2'; --Special servicer rating updated at 'RSS2'; Fitch has also placed the servicing ratings on Rating Watch Negative. ...
Imperial Finance & Trading, LLC Hires Director of Servicing
BOCA RATON, Fla. -- Imperial Finance and Trading, LLC, a leader in premium finance for life insurance, life insurance sales and structured settlements, is pleased to announce the addition of Fausta Lipscomb as Director of Servicing. Lipscomb joins Imperial from Office Depot ODP where she held the position...
Media Alert: Ray of Hope in Subprime Crisis; Leading Mortgage Loan Servicing Company Sees Delinquencies Flatten or Decline
Ocwen Says Sophisticated Modification Program and Proactive Outreach Keep Homeowners in Their Homes - and Preserve Income for Lenders and Investors WEST PALM BEACH, Fla. -- One of the nation's leading subprime mortgage servicers reports that delinquencies on the subprime mortgages it handles flattened or declined this summer,...
Zacks Analyst Blog Highlights: Curtiss-Wright Corp., H. J. Heinz Co., Newmont Mining Corp., Ocwen Financial Corp. and Mylan, Inc
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Curtiss-Wright Corp. (NYSE: CW), H. J. Heinz Co. (NYSE: HNZ), Newmont...
Amend: Fitch Assessing Effect of Ocwen Interest Shortfalls on U.S. RMBS
NEW YORK -- (This amends a press release issued earlier today and clarifies information in the second paragraph. Ocwen was not the party that reported the loan modification activity as interest shortfalls.) Last month's interest shortfalls on certain Subprime transactions serviced by Ocwen Financial Corp. Ocwen are a...
BSY, CUK, MED, NFP, OCN, BZP Have Been Removed From Naked Short List Today.
M2 PRESSWIRE-3 April 2008-BUYINS.NET: BSY, CUK, MED, NFP, OCN, BZP Have Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:03042008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE...
MED, MEG, MGS, OCN, PRM, TNH Have Also Been Added To Naked Short List Today.
M2 PRESSWIRE-26 March 2008-BUYINS.NET: MED, MEG, MGS, OCN, PRM, TNH Have Also Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:26032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and...
Fitch Revises Ocwen Financial Corp.'s Rating Watch to Negative
NEW YORK -- Fitch Ratings has revised the following Ocwen Financial Corp.'s OCN ratings to Rating Watch Negative from Evolving: --Long-term IDR 'B+'; --Short-term IDR 'B'. Fitch's rating action follows the company's announcement that it was unable to reach an agreement on a proposal...
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- Revenue (Fiscal Year) $480.6M
- Profit (Fiscal Year) $38.5M
- Incorporated: 1988
- CEO: Mr. William C. Erbey
Ocwen Financial is a business process outsourcing provider to the financial services industry, providing loan servicing, mortgage fulfillment, and receivables management services. As of Dec 31 2007, Co. had three business segments: Residential Servicing, which provides loan servicing for a fee, including asset management and resolution services, to owners of subprime residential mortgage loans; Ocwen Recovery Group, which provides collection services for owners of delinquent and charged-off receivables; and Residential Origination Services, which consists of Co.'s fee-based loan processing services, as well as its trading and investing activities.
Competitors
Stock Quote
Board of Directors
Mr. William C. Erbey Chairman
Mr. Barry N. Wish Chairman Emeritus
Mr. Ronald M. Faris
Ms. Martha Clark Goss
Mr. William H. Lacy
Mr. Ronald J. Korn
Contact Information
1675 Palm Beach Lakes Boulevard
West Palm Beach, FL
561 682 8000
NAICS Code
Real Estate Credit: 522292
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