Ocwen Financial Corp  

(Public, NYSE:OCN)   Watch this stock  
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27.94
+0.45 (1.64%)
Aug 29 - Close
NYSE real-time data - Disclaimer
Currency in USD
Range 27.49 - 28.02
52 week 24.87 - 60.18
Open 27.51
Vol / Avg. 1.27M/2.58M
Mkt cap 3.66B
P/E 13.36
Div/yield     -
EPS 2.09
Shares 130.82M
Beta 0.55
Inst. own 90%
Oct 29, 2014
Q3 2014 Ocwen Financial Corp Earnings Release (Estimated) - 9:30AM EDT - Add to calendar
Jul 31, 2014
Q2 2014 Ocwen Financial Corp Earnings Call
Jul 31, 2014
Q2 2014 Ocwen Financial Corp Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q2 (Jun '14) 2013
Net profit margin 12.12% 14.43%
Operating margin 37.60% 35.73%
EBITD margin - 51.22%
Return on average assets 3.25% 4.32%
Return on average equity 14.20% 16.48%
Employees 10,100 -
CDP Score - -

Address

6th Floor, 2002 Summit Boulevard
ATLANTA, GA 30319
United States - Map
+1-561-6828000 (Phone)
+1-561-6818177 (Fax)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money

Description

Ocwen Financial Corporation is a financial services holding company. The Company is engaged in the servicing and origination of mortgage loans. The Company's Shared Appreciation Modification (SAM) incorporates principal reductions and lower payments for borrowers while providing a net present value positive loss mitigation outcome for investors, including the ability to recoup losses if property values increase over time. It operates in three segments: Servicing, Lending, and Corporate Items and Other. In February 2013, Gleacher & Company Inc closed the sale of all of the assets of its ClearPoint subsidiary to Homeward Residential, Inc. On February 15, 2013, it completed the acquisition of certain assets of Residential Capital, LLC (ResCap). In April 2013, it completed the purchase of Liberty Home Equity Solutions (Liberty) from Genworth Financial Inc.

Officers and directors

William C. Erbey Executive Chairman of the Board
Age: 64
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
Ronald M. Faris President, Chief Executive Officer, Director
Age: 51
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
Michael R. Bourque Jr. Chief Financial Officer, Executive Vice President
Age: 36
Bio & Compensation  - Reuters
John V. Britti Executive Vice President, Chief Investment Officer
Age: 53
Bio & Compensation  - Reuters
Timothy M. Hayes Executive Vice President, General Counsel, Secretary
Age: 58
Bio & Compensation  - Reuters
Catherine M. Dondzila Senior Vice President, Chief Accounting Officer
Age: 51
Bio & Compensation  - Reuters
Arthur C. Walker Jr. Senior Vice President - International Tax Planning
Age: 43
Bio & Compensation  - Reuters
Richard L. Cooperstein Vice President and Chief Financial Officer, Ocwen Mortgage Servicing, Inc.
Age: 56
Bio & Compensation  - Reuters
Barry N. Wish Independent Chairman Emeritus
Age: 72
Bio & Compensation  - Reuters
Ronald J. Korn Independent Director
Age: 73
Bio & Compensation  - Reuters