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Ocwen Financial Corp (OCN) USD0.01

Sell:$24.88 Buy:$25.01 Change: $0.11 (0.45%)
Market closed |  Prices as at close on 28 May 2024 | Switch to live prices |
Sell:$24.88
Buy:$25.01
Change: $0.11 (0.45%)
Market closed |  Prices as at close on 28 May 2024 | Switch to live prices |
Sell:$24.88
Buy:$25.01
Change: $0.11 (0.45%)
Market closed |  Prices as at close on 28 May 2024 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Ocwen Financial Corporation is a financial services company, which provides services and originates both forward and reverse mortgage loans, through its brands, PHH Mortgage and Liberty Reverse Mortgage. The Company operates through three segments: Servicing, Originations, and Corporate Items and Other. Its Servicing segment is comprised of two components, its owned MSRs and its subservicing portfolio. The segment invests its capital to fund purchases and originations of its owned mortgage servicing rights (MSRs) and servicing advances. Its Originations segment purchases MSRs through bulk portfolio purchases, through flow purchase agreements with its network of mortgage companies and financial institutions, and through participation in the Agency Cash Window (or Co-Issue) programs. Its Corporate Items and Other segment include revenues and expenses of corporate support services, inactive entities, and its other business activities that are individually insignificant.

Contact details

Address:
1661 Worthington Rd Ste 100
WEST PALM BEACH
33409-6493
United States
Telephone:
+1 (561) 6828000
Website:
https://www.ocwen.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
OCN
ISIN:
US6757466064
Market cap:
$192.74 million
Shares in issue:
7.81 million
Sector:
Commercial & Residential Mortgage Finance
Exchange:
New York Stock Exchange
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • Glen Messina
    Chairman of the Board, President, Chief Executive Officer
  • Sean O'Neil
    Chief Financial Officer, Executive Vice President
  • Dennis Zeleny
    Executive Vice President, Chief Administrative Officer
  • Aaron Wade
    Executive Vice President, Chief Investment Officer
  • Jenna Evans
    Executive Vice President, Chief Risk and Compliance Officer
  • Joseph Samarias
    Executive Vice President, Chief Legal Officer, Company Secretary
  • Scott Anderson
    Executive Vice President and Chief Servicing Officer
  • Francois Grunenwald
    Senior Vice President, Chief Accounting Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.