Ocwen Financial (OCN) Tops Q1 EPS by 4c
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Ocwen Financial Announces Operating Results for First Quarter 2019
May 7, 2019 6:45 AM EDTReported a Net Loss of $44 million for the first quarter of 2019Closed or have been awarded MSRs to date with current UPB of $31 billion On track to complete servicing system conversion to Black Knight MSP® and the merger of our principal licensed legal entities in the second quarter of 2019Continued to execute on our cost re-engineering plan and realized annualized run rate cost savings consistent with our expectations through the first quarter of 2019Upsized our Senior Secured Term Loan by $120... More
