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Ocwen Financial Corp

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  • Midday movers: Credit Suisse, UBS, Citigroup & more Thursday, 15 Jan 2015 | 12:42 PM ET
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    Some of Thursday's midday movers:

  • Early movers: JPM, VZ, CMG, NFLX, OCN & more Wednesday, 14 Jan 2015 | 7:51 AM ET
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    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
  • Midday movers: Aetna, Ocwen Financial, GoPro & more Tuesday, 13 Jan 2015 | 1:13 PM ET
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    Some of Tuesday's midday movers:

  • Jan 13- California is seeking to suspend Ocwen Financial Corp's license to operate in the state, saying the mortgage collection company failed to submit papers showing that it complies with laws, state regulators said. California's Department of Business Oversight, which licenses non-bank mortgage lenders and servicers, said it started asking Ocwen for...

  • Jan 13- California is seeking to suspend Ocwen Financial Corp's license to operate in the state, saying the mortgage collection company failed to submit papers showing that it complies with state laws, the Los Angeles Times reported. California accuses Ocwen of not providing information requested by the state's Department of Business Oversight, which...

  • HALFTIME FINAL TRADES 12/29/14 Monday, 29 Dec 2014 | 2:15 PM ET
  • FINAL TRADES 12/26/14 Friday, 26 Dec 2014 | 2:37 PM ET
  • Midday movers: Hertz, Ocwen, Coca-Cola & more Tuesday, 23 Dec 2014 | 12:57 PM ET

    Some of Tuesday's midday movers:

  • Midday movers: Facebook, Chevron, Tesco & more Monday, 22 Dec 2014 | 12:46 PM ET

    Some of Monday midday movers:

  • Dec 22- Ocwen Financial Corp's executive chairman and founder, William Erbey, will step down as part of a $150 million legal settlement with New York's financial regulator. The settlement payment will be toward New York housing programs and foreclosed homeowners. New York Financial Services superintendent Benjamin Lawsky accused the company of harming...

  • Ocwen exec to resign in New York settlement: Report Monday, 22 Dec 2014 | 6:57 AM ET
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    Ocwen Financial's executive chairman will step down as part of a settlement with New York's financial regulator, the Wall Street Journal reported.

  • Dec 22- Ocwen Financial Corp's executive chairman, William Erbey, will step down as part of a legal settlement with New York's financial regulator, the Wall Street Journal reported, citing people familiar with the matter. In October, Ocwen said it set aside $100 million for a potential settlement with the New York banking regulator. Ocwen will also pay $150...

  • Dec 18- Ocwen Financial Corp is facing scrutiny from New York state and the federal government over whether the mortgage servicer improperly stalled short sales of property to collect more fees, Bloomberg reported, citing sources. The New York Department of Financial Services and the U.S. Consumer Financial Protection Bureau are looking into whether Ocwen...

  • WASHINGTON, Dec 16- Ocwen Financial Corp's mortgage servicing operations were criticized on Tuesday by a watchdog who questioned the independence of an internal audit group, adding to previous concerns from regulators. Ocwen is subject to the watchdog's oversight because it had acquired mortgage servicing rights from a unit of Ally Financial Inc. That...

  • Midday movers: FibroGen, Google, McDonald's & more Friday, 14 Nov 2014 | 1:12 PM ET
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    Some of Friday's midday movers:

  • NEW YORK, Nov 6- Walter Investment Corp, one of the largest U.S. companies that collect home loan payments, said on Thursday that several state regulatory agencies were investigating its business practices, and its shares fell by over 20 percent. The company had met with the working group during the second quarter to discuss "concerns about various loan servicing...

  • Oct 30- Ocwen Financial Corp swung to a quarterly loss as the mortgage servicer set aside $100 million for a potential settlement with the New York Department of Financial Services over allegations of backdated foreclosure letters. "We work very hard to keep borrowers in their homes and that is why we take the concerns raised by the New York Department of...

  • Mortgage servicer Ocwen posts loss due to legal costs Thursday, 30 Oct 2014 | 7:55 AM ET

    Oct 30- Ocwen Financial Corp swung to a quarterly loss as the mortgage servicer set aside $100 million for a potential settlement with the New York Department of Financial Services over allegations of backdated foreclosure letters. Net loss attributable to common shareholders was $76.2 million, or 58 cents per share, in the third quarter ended Sept. 30,...

  • Oct 24- Ocwen Financial Corp said it was hiring an independent firm to investigate how the mortgage servicer had sent backdated letters to borrowers about loan modifications and foreclosures and the reason for the delay in fixing the issue. Hundreds of thousands of borrowers facing foreclosure may have been harmed after they received letters from Ocwen...