Ocwen Financial (OCN) Tops Q4 EPS by 11c

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Go back to Ocwen Financial (OCN) Tops Q4 EPS by 11c

Ocwen Financial Announces Operating Results for Fourth Quarter and Full Year 2016

February 22, 2017 4:20 PM EST

Recorded Q4 Net Loss of $(10.4) millionGenerated $475 million of Cash Flows from Operating Activities in 2016Completed settlement that lifts Californias restrictions on acquiring new Mortgage Servicing Rights (MSRs)Assisted almost 75,000 homeowners through loan modification programs in 2016, including over 42,000 HAMP modifications, the most in the industryAutomotive Capital Services grew outstanding receivables 14x in 2016

WEST PALM BEACH, Fla., Feb. 22, 2017 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation, (NYSE: OCN) (Ocwen or the... More