Ocwen Financial (OCN) Posts Q3 EPS of 8c

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Go back to Ocwen Financial (OCN) Posts Q3 EPS of 8c

Ocwen Financial Announces Operating Results for Third Quarter 2016

October 26, 2016 4:20 PM EDT

Reported GAAP quarterly net income of $9.5 million, marking Ocwens first quarterly profit since Q2 2015Servicing segment generated $33.2 million in pre-tax profitQuarterly mortgage lending volume grew 8% over the prior quarterAutomotive Capital Services inventory finance receivables grew 66% over prior quarterGenerated Cash from Operating Activities of $178 million

WEST PALM BEACH, Fla., Oct. 26, 2016 (GLOBE NEWSWIRE) --  Ocwen Financial Corporation, (NYSE: OCN) (Ocwen or the Company), a leading financial services holding company, today reported... More