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  • Ocwen misses 2Q profit forecasts Thursday, 30 Jul 2015 | 5:57 PM ET

    ATLANTA _ Ocwen Financial Corporation on Thursday reported second-quarter net income of $9.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK, May 29- A federal judge has dismissed a class action lawsuit accusing Ocwen Financial Corp of fraudulently billing hundreds of thousands of homeowners for needless property inspections, saying the case amounts to no more than a breach of contract claim. It accused Ocwen of ignoring Fannie Mae guidelines that call for assessing individual...

  • Ocwen to cut 140 jobs at Houston Wednesday, 27 May 2015 | 4:59 PM ET

    May 27- Private mortgage servicer Ocwen Financial Corp said it will cut 140 jobs as part of its move to stop residential servicing operations in Houston. Ocwen has sold more than $90 billion of servicing rights since February, which includes $45 billion of mortgage servicing rights to JPMorgan Chase& Co's consumer and commercial banking unit.

  • *Canada to sell its GM stake to Goldman Sachs. NEW YORK, April 7- U.S. stock index futures edged up on Tuesday, following two sessions of gains for the S&P 500, with deals including a bid from FedEx for a Dutch peer indicating companies still see value in the market. *Shares of FedEx rose 5.1 percent in premarket trading as it seeks to buy Dutch package delivery company...

  • March 24- Ocwen Financial Corp said it would sell an additional $25 billion of servicing rights on agency loans to a subsidiary of Nationstar Mortgage Holdings Inc, its fourth such deal in two months. The portfolio being sold to Nationstar comprises about 142,000 performing loans owned by government-controlled mortgage finance firms Freddie Mac and Fannie...

  • March 24- Ocwen Financial Corp said it would sell an additional $25 billion of residential mortgage servicing rights to a subsidiary of Nationstar Mortgage Holdings Inc..

  • March 23- Ocwen Financial Corp rejected allegations of poor mortgage servicing practices and said on Monday that it had sent a letter to trustees of 119 mortgage pools, arguing that it should not be removed as a servicer. Investors including BlackRock Inc and Metlife Inc sent a notice to Ocwen and the trustees in January, alleging improper loan modification...

  • March 23- Ocwen Financial Corp refuted allegations of poor mortgage-servicing practices and said on Monday that it had sent a letter to trustees of 119 mortgage pools, arguing that it should not be removed as a servicer. Investors including BlackRock Inc and Metlife Inc sent a notice to Ocwen and the trustees in January, alleging improper loan modification...

  • March 23- Ocwen Financial Corp has rebutted allegations that the company was responsible for poor mortgage-servicing practices and argued it should not be removed as a servicer on mortgage pools, the Wall Street Journal reported. Investors including BlackRock Inc and Metlife Inc sent a notice to Ocwen and trustees in January, alleging improper loan...

  • March 18- Ocwen Financial Corp said it was selling residential mortgage servicing rights worth $9.6 billion to a subsidiary of Walter Investment Management Corp. Ocwen, which delayed filing its full-year results, also said it was reviewing the ability of its affiliate, Home Loan Servicing Solutions Ltd, to meet obligations to fund new servicing advances.

  • March 18- Ocwen Financial Corp said it will sell residential mortgage servicing rights worth $9.6 billion to Green Tree Loan Servicing LLC, a subsidiary of Walter Investment Management Corp..

  • March 2- Mortgage servicer Ocwen Financial Corp said it would sell residential mortgage servicing rights on $45 billion of Fannie Mae loans to an undisclosed buyer, sending its shares up 5.5 percent in extended trading. The announcement comes a week after Ocwen said it would sell servicing rights on $9.8 billion of loans backed by Freddie Mac to Nationstar...

  • Ocwen said on Monday it expected the transaction to close by mid-2015, subject to approvals by Fannie Mae and the U.S. Federal Housing Finance Agency.

  • Feb 27- Mortgage servicer Ocwen Financial Corp said it received a notice from a trustee terminating its services for two pools of securitized mortgage loans. Moody's Investors Service downgraded Ocwen's credit rating to' B2' from' B1' after the New York Department of Financial Services alleged that the company sent backdated foreclosures letters to...

  • Ocwen to sell $9.8B in mortgage service rights Monday, 23 Feb 2015 | 11:15 AM ET
    Suburban house California

    Ocwen Financial said it would sell a portfolio of residential mortgage servicing rights worth $9.8 billion to Nationstar Mortgage Holdings.

  • HLSS Servicer Advance Receivables Trust, a key funding source for Ocwen and a unit of Home Loan Servicing Solutions Ltd, was served a notice last month. Ocwen and Home Loan Servicing Solutions said on Wednesday that no other noteholders agree with BlueMountain's allegations. Ocwen shares were down about 2 percent at 9.83 in afternoon trade on the New York Stock...

  • Early movers: POST, DHI, T, SHPG, GOOG & more Monday, 26 Jan 2015 | 7:55 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Midday movers: Credit Suisse, UBS, Citigroup & more Thursday, 15 Jan 2015 | 12:42 PM ET
    Wall Street subway station NYSE

    Some of Thursday's midday movers:

  • Early movers: JPM, VZ, CMG, NFLX, OCN & more Wednesday, 14 Jan 2015 | 7:51 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • HALFTIME REPORT FINAL TRADES 1/13/15 Tuesday, 13 Jan 2015 | 1:57 PM ET