Yahoo! Finance: OCN News

Latest Financial News for OCWEN FINL CORP

• Seabreeze's Kass favors U.S. stocks over Treasuries (Reuters)

  (Thu, 4 Dec 2008 15:57:25 Etc/GMT)

  Hedge-fund manager Doug Kass, who successfully shorted U.S. equities this year including shares of Fannie Mae and Freddie Mac , is now buying U.S. stocks on the belief that they have hit bottom.

• UPDATE - Seabreeze's Kass favors U.S. stocks over Treasuries (at Reuters)

  (Thu, 4 Dec 2008 15:33:45 Etc/GMT)

• Kass: 'Kudlow & Company' Recap (at TheStreet.com)

  (Wed, 3 Dec 2008 16:59:57 Etc/GMT)

• Deathbed Stocks Revisited (at Motley Fool)

  (Wed, 26 Nov 2008 16:02:33 Etc/GMT)

• Ocwen Financial Corp. Q3 2008 Earnings Call Transcript (at Seeking Alpha)

  (Mon, 24 Nov 2008 20:33:10 Etc/GMT)

• OCWEN FINANCIAL CORP Financials (EDGAR Online Financials)

  (Thu, 20 Nov 2008 14:04:37 Etc/GMT)

• [$$] New Tack in Default Battle: Cutting Mortgage Principal (at The Wall Street Journal Online)

  (Thu, 20 Nov 2008 03:26:08 Etc/GMT)

• OCWEN FINANCIAL CORP Files SEC form 8-K, Other Events (EDGAR Online)

  (Tue, 18 Nov 2008 18:57:01 Etc/GMT)

• Leading Mortgage Servicer and State of Maryland Sign Compact to Curb Foreclosures, Preserve Home Ownership (GlobeNewswire)

  (Mon, 10 Nov 2008 21:15:21 Etc/GMT)

• New Star Analyst Rankings for OCWEN FINL CORP (StarMine)

  (Sun, 9 Nov 2008 14:19:42 Etc/GMT)

Yahoo! Finance: OCN Financial Blogs

Latest Financial Financial Blogs for OCWEN FINL CORP

MSN Money News - OCN

News about Ocwen Financial Corp

• Kass: 'Kudlow & Company' Recap

  (Wednesday, December 03, 2008 11:59 AM)

  Savings and tax cuts from lower energy prices will be trumped by the negative wealth effect in home and equity prices.

• Deathbed Stocks Revisited

  (Wednesday, November 26, 2008 9:14 AM)

  Return to the crypt to hear how some spooky tales have turned out.

• Leading Mortgage Servicer and State of Maryland S

  (Monday, November 10, 2008 4:15 PM)

  WEST PALM BEACH, Fla., Nov. 10, 2008 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN), a leading servicer of subprime mortgages, and Governor Martin O'Malley of Maryland have signed a compact designed to reduce foreclosures and keep Maryland homeowners in their homes.

• Md. seeks more mortgage companies in relief effor

  (Friday, November 07, 2008 5:14 PM)

  ANNAPOLIS, Md. (AP) - Maryland Gov. Martin O'Malley said Friday he's hoping an agreement with six mortgage servicing companies to help struggling homeowners avoid foreclosure will pressure other companies to join the effort.

OCN - News and Analysis from Seeking Alpha

'OCN' Tag RSS Syndication from SeekingAlpha.com

• Ocwen Financial Corp. Q3 2008 Earnings Call Transcript

  (Mon, 24 Nov 2008 15:33:10 -0500)

  Ocwen Financial Corp. (OCN)

  Q3 2008 Earnings Call

  
  Complete Story »

• Foreclosed Families Turn Against Wachovia SF Branch [Housing Tracker]

  (Fri, 05 Sep 2008 03:02:48 -0400)

  

  Foreclosure Data

  Ray of Hope in Subprime Crisis;Leading Mortgage Loan Servicing Company Sees Delinquencies Flatten or Decline. “Leading subprime mortgage servicer Ocwen Financial Corp. (OCN): Delinquency rates in every category (60, 90 and 90+ days) have either declined or remained flat over the last three months. This is the first sign of stability in Ocwen-serviced loans since the inception of the subprime crisis in 2007. Ocwen's portfolio covers a significant portion of the subprime market - through its subsidiary, Ocwen Loan Servicing, LLC, the company services approximately 350,000 mortgages, about 85% of which are...

• Ocwen Financial Corp. Q2 2008 Earnings Call Transcript

  (Sun, 17 Aug 2008 07:50:26 -0400)

  Ocwen Financial Corp. (OCN)

  Q2 2008 Earnings Call Transcript

  
  Complete Story »

• Ocwen Financial: Making the Best of Hard Times

  (Thu, 12 Jun 2008 13:14:50 -0400)

  Trade Radar Operator submits:

  Everyone knows the current environment has been hard on financials, especially those that have any involvement in residential mortgages.
  
  There are a few firms that are managing to use certain company-specific advantages to hold their own and even prosper. Ocwen Financial (OCN) may be one of these.

  
  Complete Story »

• Ocwen Financial Corp. Q1 2008 Earnings Call Transcript

  (Thu, 22 May 2008 11:31:10 -0400)

  Ocwen Financial Corp. (OCN)

  Q1 2008 Earnings Call

  
  Complete Story »

• "Wedding" Invitations Worth Refusing

  (Wed, 20 Feb 2008 05:14:49 -0500)

  Michael Shedlock submits:

  Lenders are getting creative in reaching borrowers in default. You're Invited . . . To Pay Your Mortgage.

  Mortgage lenders hunting for delinquent homeowners who have dodged their phone calls and letters are employing aggressive new methods to track them down, potentially making every knock on the door or fancy envelope seem like part of the pursuit. Even wedding invitations are suspect.

  
  Complete Story »

• Ocwen Financial Corporation Q4 2007 Earnings Call Transcript

  (Tue, 12 Feb 2008 15:56:08 -0500)

  Ocwen Financial Corporation (OCN)

  Q4 2007 Earnings Call

  
  Complete Story »

Investor Clicks Financial Advertising

News for Ocwen Financial Corporation - Google Finance

News for Ocwen Financial Corporation - Google Finance

• Ocwen Applies To Become Bank Holding Company

  (Mon, 01 Dec 2008 15:06:05 GMT)
  Ocwen Applies To Become Bank Holding Company
  Mortgageorb - Dec 1, 2008

  By MortgageOrb.com on Monday 01 December 2008 Loan servicer Ocwen Financial Corp. submitted an application to the Federal Reserve Bank of Dallas on Nov. 15 to purchase Kent County State Bank in ...

• Loan servicer Ocwen buys Texas bank

  (Sat, 29 Nov 2008 02:27:26 GMT)
  Loan servicer Ocwen buys Texas bank
  Charlotte Business Journal - Nov 29, 2008

  As the only bank in Kent County, Texas, which has 735 residents in 902 square miles, Kent County State Bank would not seem like a prized acquisition target. Yet, Ocwen Financial Corp., which is ...

• Banks Forgiving Mortgage Principle

  (Fri, 21 Nov 2008 04:52:25 GMT)
  Banks Forgiving Mortgage Principle
  istockAnalyst.com (press release) - Nov 21, 2008

  (From the WSJ): "As home prices slide and loan defaults pile up, some mortgage companies are slashing the amount that borrowers owe, deciding that a permanent cut in the loan balance may pay off ...

• BRIEF-Ocwen Financial to spin off some business

  (Tue, 18 Nov 2008 19:27:47 GMT)
  BRIEF-Ocwen Financial to spin off some business
  FXstreet.com The Foreign Exchange Market - Nov 18, 2008

  The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Note: All ...

• Ocwen Financial recommends Hyland Software's OnBase system

  (Wed, 12 Nov 2008 21:47:09 GMT)
  Ocwen Financial recommends Hyland Software's OnBase system
  Trading Markets (press release) - Nov 12, 2008

  Nov 12, 2008 (Datamonitor via COMTEX) -- OCN | Quote | Chart | News | PowerRating -- Ocwen Financial, a provider of business process outsourcing provider, will recommend Hyland Software's OnBase ...

  Hyland Software Partners with Ocwen Financial Corporation - InsideARM
  Award-Winning ECM Solution Provider Partners With Ocwen Financial Corporation - ECM Connection (press release)
  

• Maryland and Ocwen Team Up to Curb State's Foreclosures

  (Tue, 11 Nov 2008 16:59:29 GMT)
  Maryland and Ocwen Team Up to Curb State's Foreclosures
  DSNews.com - Nov 11, 2008

  Governor Martin O?Malley of Maryland and Ocwen Financial Corporation, a servicer of subprime mortgages, have signed a compact that is designed to reduce foreclosures and keep Maryland homeowners ...

  Leading Mortgage Servicer and State of Maryland Sign Compact to Curb Foreclosures, Preserve Home Ownership - Trading Markets (press release)
  

• Hyland Software forms partnership with Ocwen Financial Solutions

  (Tue, 11 Nov 2008 09:59:36 GMT)
  Hyland Software forms partnership with Ocwen Financial Solutions
  Finextra - Nov 11, 2008

  Hyland Software, developer of the OnBase enterprise content management (ECM) software suite, announced a partnership with Ocwen Financial Solutions, a leading business process outsourcing provider ...

  Hyland Software Partners with Ocwen Financial Solutions - Banktech
  Hyland Software Partners With Ocwen Financial - Mortgageorb
  

• Ocwen Posts $15.6 Million Q3 Profit

  (Thu, 06 Nov 2008 17:22:06 GMT)
  Ocwen Posts $15.6 Million Q3 Profit
  Housing Wire - Nov 6, 2008

  Despite the pressures pushing and pulling on any servicer these days, Ocwen Financial Corp. (OCN: 6.92 +5.97%) said Thursday that it made $15.6 million, or $.23/share, during the third quarter ...

  Q3 income jumps 160% as Ocwen works out loans - San Antonio Business Journal
  

• Ocwen Financial Corporation Announces Third Quarter 2008 Financial Results

  (Thu, 06 Nov 2008 13:37:11 GMT)
  Ocwen Financial Corporation Announces Third Quarter 2008 Financial Results
  Trading Markets (press release) - Nov 6, 2008

  WEST PALM BEACH, Fla., Nov 6, 2008 (GlobeNewswire via COMTEX) -- OCN | Quote | Chart | News | PowerRating -- Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE:OCN) today reported net ...

• Two Goldman Sachs customers sue firm over ARS

  (Thu, 02 Oct 2008 21:28:15 GMT)
  Two Goldman Sachs customers sue firm over ARS
  MSN Money - Oct 2, 2008

  NEW YORK (Reuters) - Two customers of Goldman Sachs Group Inc sued the Wall Street firm on Thursday, claiming it convinced them to keep buying risky auction rate securities when it knew the market ...

  Goldman Hit With Auction-Rate Securities Suit - New York Times Blogs
  

MarketWatch.com - All MarketWatch News - OCN

MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products.

• Short-sale ban list expanded to include GE, GM, 28 others

  (Mon, 22 Sep 2008 11:28:00 -0500)

  Pushing on to shore up the markets, the list of banned short-sale stocks has been expanded to include the likes of blue chips General Electric, General Motors and American Express.

• Movers & Shakers: Tuesday's biggest gaining and declining stocks

  (Tue, 15 Jan 2008 16:18:00 -0500)

  Among the companies whose shares are expected to see active trading in Tuesday’s session are Citigroup, Genentech, Kellwood, Lifecore, Merrill Lynch and U.S. Bancorp.

• Ocwen gets $7-share takeover bid from group including CEO

  (Tue, 15 Jan 2008 09:34:14 -0500)

  NEW YORK (MarketWatch) -- Ocwen Financial Corp., the West Palm Beach, Fla., provider of outsourcing services to the financial-services industry, said an investor group including Chairman and Chief Executive Officer William C. Erbey offered to take the company private for $7 a share. At Sept. 30, Ocwen had a weighted average 71.6 million shares outstanding; on that basis, the deal would be valued at $501 million. The company's shares closed Monday at $3.98, so the proposed premium for shareholders is 76%. The buying group also includes Oaktree Capital Management LP of Los Angeles and Angelo, Gordon & Co. of...

• Ocwen Financial gets 'going private' proposal for $7/share

  (Tue, 15 Jan 2008 09:17:42 -0500)

• Stocks to Watch: Stocks in focus for Thursday

  (Wed, 06 Jun 2007 18:39:00 -0500)

  SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trading in Thursday's session are National Semiconductor Corp., SeaChange International Inc. and Shuffle Master Inc.

• Ocwen Financial acquires NCI Holdings for $55 mln

  (Wed, 06 Jun 2007 16:59:14 -0500)

  SAN FRANCISCO (MarketWatch) -- Ocwen Financial Corp. late Wednesday said it has acquired NCI Holdings Inc. and its operating subsidiary, Nationwide Credit Inc., for $55 million in cash. NCI, a privately held accounts-receivable management company, will be combined with Ocwen recovery group's operations, the West Palm Beach, Fla.-based company said. NCI's senior executives, Chief Executive and President Patrick Carroll, Chief Financial Officer George Williams and Executive Vice President of Operations Dale Bissette, will remain with the company, Ocwen said.

• Movers & Shakers: Friday's biggest stock gainers and decliners

  (Fri, 26 Jan 2007 17:44:00 -0500)

  Highlights of risng and falling U.S. stocks

• Ocwen Financial cut to hold at Jefferies & Co.

  (Fri, 27 Oct 2006 12:05:55 -0500)

• Ocwen Financial cut to market perform at JMP Sec.

  (Thu, 21 Sep 2006 14:28:08 -0500)

• Movers & Shakers: Tuesday's biggest stock gainers and decliners

  (Tue, 29 Aug 2006 18:21:00 -0500)

  Highlights of rising and falling U.S. stocks

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