ocwen financial corp. Resources | BNET
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Ocwen Financial Corp. (OCN) is in the Financial Services Industry

Revenue
Dec 31 2007
$480.6M
Profit
Dec 31 2007
$38.5M
Market Cap
Oct 06 2008
$3.0M

Latest News and Analysis

Additional Resources

  • 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...

    Articles 2008-09-25

  • 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...

    Articles 2008-07-30

  • 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....

    Articles 2008-06-20

  • Ocwen Financial Corporation Selects BasePoint FraudMark™ Score to Stop Mortgage Fraud

    Leverages Predictive Analytics to Effectively Pinpoint Risky Loans for Due Diligence on Loan Pools CARLSBAD, Calif. -- BasePoint Analytics[TM], a leading provider of scientific fraud analytics and consulting services, today announced Ocwen Financial Corporation (NYSE: OCN) has selected BasePoint's FraudMark[TM] solution to enhance its fraud and risk management...

    Articles 2008-04-21

  • 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...

    Articles 2008-04-03

  • 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...

    Articles 2008-03-26

  • 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...

    Articles 2008-03-14

  • 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:...

    Articles 2008-01-16

  • Fitch Places Ocwen IDRs on Rating Watch Evolving Following Buyout Proposal

    NEW YORK -- Fitch Ratings has placed Ocwen Financial Corp.'s OCN Long-term Issuer Default Rating IDR on Rating Watch Evolving signifying that Fitch may upgrade, downgrade or affirm OCN's ratings once additional information has been gathered. Ratings placed on Watch Evolving: --Long-term IDR 'B+'; ...

    Articles 2008-01-16

  • Hot Stock to Watch Watch: CSKH! January 15, 2008.

    M2 PRESSWIRE-15 January 2008-Wall Street News Alert: Hot Stock to Watch Watch: CSKH! January 15, 2008C1994-2008 M2 COMMUNICATIONS LTD RDATE:15012008 Weston, FLA.-- Wall Street News Alert's "stocks to watch" this morning are: Clear Skies Holdings Incorporated (OTCBB: CSKH), LIFECORE...

    Articles 2008-01-15

  • Ocwen Financial Corporation under Progressive Review.

    M2 PRESSWIRE-15 January 2008-Market Review: Ocwen Financial Corporation under Progressive ReviewC1994-2008 M2 COMMUNICATIONS LTD RDATE:15012008 Early morning trading saw stocks rally on Monday following positive results coming forward from IBM in hopes of encouraging investors to buy back into...

    Articles 2008-01-15

  • Top-performing stocks (by diluted earnings per share).(Top Rank Florida[TM])

    Top-Performing Stocks by diluted earnings per share Rank 2007 Company City Website ...

    Articles 2008-01-01

  • Fitch Takes Various Rating Actions on 1 Renaissance Subprime Transaction

    NEW YORK -- Fitch Ratings has taken the following rating actions on the Renaissance Home Equity Loan Trust HELT issue listed below: Renaissance HELT 2002-2 --Class A affirmed at 'AAA'; --Class M1 affirmed at 'AA'; --Class M2 downgraded to...

    Articles 2007-12-26

  • Fitch Affirms Ocwen's Residential Servicer Ratings

    NEW YORK -- Fitch Ratings has affirmed Ocwen Financial Corporation's Ocwen servicer ratings as follows: --Residential primary servicer rating for subprime product at 'RPS2'; --Residential special servicer rating at 'RSS2'. The ratings are based on Ocwen's experienced management, solid loan administration...

    Articles 2007-12-19

  • Mavent Senior Legal Counsel to Discuss Compliance Technology at MBA's Legal Issues in Mortgage Technology Conference 2007

    Lynette Hotchkiss addresses ways for lenders and investors to manage risks and meet new regulatory requirements via technology What: During the past year, pressure has been mounting over lenders in the form of increased requirements imposed by more than 4,600 newly introduced federal and state...

    Articles 2007-11-27

  • Fitch Takes Various Rtg Actions on 2 Delta Funding Corp. Transactions

    NEW YORK -- Fitch Ratings has taken rating actions on the following Delta Funding Corporation home equity issues: Delta 2001-2 --Class M-1 affirmed at 'AAA'; --Class M-2 affirmed at 'BBB+'; --Class B downgraded to 'B' from 'BB-'. ...

    Articles 2007-11-21

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  • Incorporated: 1988
  • CEO: Mr. William C. Erbey

Ocwen Financial is a business process outsourcing provider with operations in Florida, California, Florida, Georgia, Illinois and New York as well as global operations in Canada, Germany and India. Through its Residential Servicing segment, Co. provides loan servicing for a fee, including asset management and resolution services, to owners of subprime residential mortgage loans. Through its Ocwen Recovery Group segment, Co. generates fees by providing collection services for owners of delinquent and charged-off receivables. Co.'s Residential Origination Services segment consists of two components: fee-based loan processing services, and trading and investing activities.

Key Competitors

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Ocwen Financial Corp. Company Info

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

http://www.ocwen.com

561 682 8000

NAICS Code

Real Estate Credit: 522292
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