Ocwen Financial (OCN) Affiliate Said to Default on Debt (HLSS)
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Compass Point Downgrades Home Loan Servicing (HLSS) to Sell
January 26, 2015 7:12 AM ESTCompass Point downgraded Home Loan Servicing (NASDAQ: HLSS) from Neutral to Sell with a price target of $10.00 (from $18.00).
Analyst Jason Stewart commented, "Heightened regulatory and bondholder risks at Ocwen (Barker, $14 PT, Neutral) are translating into increased funding risk at HLSS. Specifically, we believe... More
Ocwen Financial (OCN) Hits Session Lows
January 23, 2015 10:23 AM ESTOcwen Financial (NYSE: OCN) moves to session lows. Shares are down 11.4 percent on the session, after being down around 5 percent earlier.
... More