Ocwen Financial (OCN) Reports Q4 Loss of $0.03/Share

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Ocwen Financial Announces Operating ResultsĀ for Fourth Quarter and Full Year 2018

February 27, 2019 6:30 AM EST

Reported a Net Loss of $(2.3) million for the fourth quarter of 2018 and a Net Loss of $(70.8) million for the full year 2018 Completed the acquisition of PHH Corporation, ended the year with a total servicing portfolio of 1.6 million loans representing unpaid principal balance (UPB) of $256 billion Completed our cost re-engineering plan and have commenced execution Completed the first two major servicing loan transfers to Black Knights... More