Last $6.91 USD
Change Today +0.56 / 8.82%
Volume 43.4M
OCN On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

ocwen financial corp (OCN) Snapshot

Open
$7.76
Previous Close
$6.35
Day High
$7.85
Day Low
$6.87
52 Week High
01/27/14 - $47.44
52 Week Low
01/23/15 - $5.66
Market Cap
869.4M
Average Volume 10 Days
18.6M
EPS TTM
$2.04
Shares Outstanding
125.8M
EX-Date
--
P/E TM
3.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for OCWEN FINANCIAL CORP (OCN)

ocwen financial corp (OCN) Related Businessweek News

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ocwen financial corp (OCN) Details

Ocwen Financial Corporation, through its subsidiaries, is engaged in the servicing and origination of mortgage loans in the United States and internationally. The company’s Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset management services to owners of mortgage loans and foreclosed real estate. This segments residential servicing portfolio includes conventional; government insured; and non-agency loans, such as subprime loans. Ocwen Financial Corporation’s Lending segment is involved in originating and purchasing conventional and government insured residential forward, and reverse mortgage loans primarily through its correspondent lending arrangements, as well as offers direct lending services. The company was founded in 1988 and is headquartered in Atlanta, Georgia.

10,100 Employees
Last Reported Date: 08/18/14
Founded in 1988

ocwen financial corp (OCN) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $540.0K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $393.9K
Executive Vice President, General Counsel and...
Total Annual Compensation: $242.3K
Senior Vice President of International Tax Pl...
Total Annual Compensation: $166.7K
Compensation as of Fiscal Year 2013.

ocwen financial corp (OCN) Key Developments

Ocwen Financial Corp. Announces Board Appointments

Ocwen Financial Corporation announced that it has named two new independent directors to its Board of Directors. Phyllis R. Caldwell, Vice Chair of Community Preservation and Development Corporation and DeForest Blake Soaries, Jr., Senior Pastor, First Baptist Church of Lincoln Gardens, New Jersey, have joined Ocwen's Board. Phyllis R. Caldwell is a finance and economic development advisor and was previously Chief, Homeownership Preservation Office at the U.S. Department of the Treasury, responsible for oversight of the U.S. housing market stabilization, economic recovery and foreclosure prevention initiatives established through the Troubled Asset Relief Program.

Ocwen Financial Corp. - Special Call

To discuss the terms of the settlement with the New York department of financial services

Ocwen Financial Announces Board Changes

Ocwen Financial confirmed that its executive chairman, William Erbey, will resign as part of a legal settlement with New York's financial regulator. Erbey is expected to resign effective Jan. 16, 2015 as part of a wide-ranging proposed consent order with the New York Department of Financial Services. Barry Wish, a current director of OCN, will assume the role of non-executive chairman on that date.

 

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OCN:US $6.91 USD +0.56

OCN Competitors

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Company Last Change
Flagstar Bancorp Inc $14.80 USD -0.21
Home Loan Servicing Solutions Ltd $13.07 USD -0.69
Nationstar Mortgage Holdings Inc $26.41 USD +0.99
PHH Corp $25.20 USD +0.30
Walter Investment Management Corp $15.46 USD +0.78
View Industry Companies
 

Industry Analysis

OCN

Industry Average

Valuation OCN Industry Range
Price/Earnings 4.8x
Price/Sales 0.4x
Price/Book 0.5x
Price/Cash Flow 1.7x
TEV/Sales NM Not Meaningful
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