Ocwen Financial Corp  

(Public, NYSE:OCN)   Watch this stock  
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5.90
-0.60 (-9.23%)
Real-time:   3:29PM EST
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Currency in USD
Range 5.88 - 6.60
52 week 5.66 - 46.42
Open 6.59
Vol / Avg. 11.37M/10.85M
Mkt cap 773.24M
P/E 4.98
Div/yield     -
EPS 1.19
Shares 125.81M
Beta 0.74
Inst. own 91%
Feb 25, 2015
Q4 2014 Ocwen Financial Corp Earnings Release (Estimated) - 9:30AM EST - Add to calendar
Dec 22, 2014
Ocwen Financial Corp Conference Call to Discuss the terms of the settlement with the New York Department of Financial Services.
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Key stats and ratios

Q3 (Sep '14) 2013
Net profit margin -14.65% 15.23%
Operating margin 11.42% 35.73%
EBITD margin - 51.22%
Return on average assets -3.61% 4.56%
Return on average equity -17.63% 17.43%
Employees 10,100 -
CDP Score - -

Address

1000 Abernathy Rd Ste 210
ATLANTA, GA 30328-5606
United States - Map
+1-561-6828000 (Phone)

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

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
Phyllis R. Caldwell Independent Director
Age: 55
Bio & Compensation  - Reuters
Ronald J. Korn Independent Director
Age: 73
Bio & Compensation  - Reuters