Ocwen Financial Corporation Announces Appointment of Claudia Merkle to Board of Directors
- Phyllis Caldwell Will Not Stand for Re-election at 2024 Annual Meeting of Shareholders Phyllis Caldwell Will Not Stand for Re-election at 2024 Annual Meeting of Shareholders
- 04/02/2024
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3 Mortgage & Related Services Stocks to Buy on Industry Recovery
- The Zacks Mortgage & Related Services industry players benefit from expected rate cuts, low competition from banks and strong servicing business. PennyMac Financial Services (PFSI), Federal Agricultural Mortgage (AGM) and Ocwen Financial (OCN) look well-placed for growth.
- 03/15/2024
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Down -16.81% in 4 Weeks, Here's Why You Should You Buy the Dip in Ocwen (OCN)
- The heavy selling pressure might have exhausted for Ocwen (OCN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 03/15/2024
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PHH Mortgage Recognized by Fannie Mae as a 2023 Star Performer
- WEST PALM BEACH, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae's 2023 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition.
- 03/11/2024
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Ocwen (OCN) Upgraded to Buy: What Does It Mean for the Stock?
- Ocwen (OCN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 02/29/2024
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Ocwen Financial (OCN) Q4 Earnings and Revenues Top Estimates
- Ocwen Financial (OCN) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to loss of $3.35 per share a year ago.
- 02/27/2024
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Ocwen Financial Announces Full Year and Fourth Quarter 2023 Results
- WEST PALM BEACH, Fla., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its full year and fourth quarter 2023 results and provided a business update.
- 02/27/2024
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Ocwen Financial Schedules Conference Call – Fourth Quarter and Full Year 2023 Results
- WEST PALM BEACH, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, February 27, 2024 at 8:30 a.m. (ET) to review the Company's fourth quarter and full year 2023 operating results.
- 02/20/2024
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Fast-paced Momentum Stock Ocwen (OCN) Is Still Trading at a Bargain
- Ocwen (OCN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 01/05/2024
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3 Mortgage & Related Services Stocks to Watch Amid Ongoing Woes
- Despite high mortgage rates and low origination volumes, AGM, TREE and OCN are set to hold ground on robust servicing opportunities and a focus on improving operating leverage.
- 12/21/2023
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Why Fast-paced Mover Ocwen (OCN) Is a Great Choice for Value Investors
- Ocwen (OCN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 12/14/2023
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PHH Mortgage Announces New Subservicing Agreement With Zillow Home Loans
- Agreement expands existing correspondent relationship to strategic servicing partner Initial onboarding of loans completed in August 2023 WEST PALM BEACH, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced that it has entered into a mortgage subservicing agreement with Zillow Home Loans, LLC (“Zillow Home Loans”).
- 11/13/2023
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Ocwen Financial Corporation (OCN) Q3 2023 Earnings Call Transcript
- Ocwen Financial Corporation (NYSE:OCN ) Q3 2023 Results Conference Call November 7, 2023 8:30 AM ET Company Participants Dico Akseraylian - SVP, Communications Glen Messina - CEO, President and Chair of the Board Sean O'Neil - EVP and CFO Conference Call Participants Bose George - KBW Kyle Joseph - Jefferies Eric Hagen - BTIG Matthew Howlett - B. Riley Operator Good morning, ladies and gentlemen, and welcome to the Ocwen Financial Corporation Third Quarter Earnings and Business Update Conference Call.
- 11/07/2023
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Ocwen Financial Schedules Conference Call – Third Quarter 2023 Results and Business Update
- WEST PALM BEACH, Fla., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, November 7, 2023 at 8:30 a.m. (ET) to review the Company's third quarter 2023 operating results and provide a business update.
- 11/01/2023
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What Makes Ocwen (OCN) a New Buy Stock
- Ocwen (OCN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 10/06/2023
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Ocwen Financial (OCN) Tops Q2 Earnings and Revenue Estimates (Revised)
- Ocwen Financial OCN came out with a quarterly earnings of $1.04 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.49 per share a year ago.
- 08/03/2023
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Ocwen Financial Corporation (OCN) Q2 2023 Earnings Call Transcript
- Ocwen Financial Corporation (NYSE:OCN ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Dico Akseraylian - SVP, Communications Glen Messina - CEO, President and Chair of the Board Sean O'Neil - EVP and CFO Conference Call Participants Eric Hagen - BTIG Mike Schafer - B. Riley Securities Derek Sommers - Jefferies Howard Amster - Ramat Securities Operator Welcome to the Ocwen Financial Corporation Second Quarter Earnings and Business Update Conference Call.
- 08/03/2023
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Ocwen Financial Schedules Conference Call – Second Quarter 2023 Results and Business Update
- WEST PALM BEACH, Fla., July 27, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 3, 2023 at 8:30 a.m. (ET) to review the Company's second quarter 2023 operating results and provide a business update.
- 07/27/2023
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Ocean Wilsons up as it confirms strategic review involving marine services subsidiary
- Ocean Wilsons Holdings Limited (LSE:OCN) shares rose 6% in early trading on Monday after it confirmed that it is undertaking a strategic review involving the company's 57% owned marine services subsidiary, Wilson Sons S.A. In a short statement responding to recent Brazilian media speculation to the effect that the company is negotiating the sale of Wilson Sons, the main market-listed firm review said it will consider all potential strategic options.
- 06/12/2023
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Ocwen Financial Schedules Conference Call – First Quarter 2023 Results and Business Update
- WEST PALM BEACH, Fla., April 26, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, May 4, 2023 at 8:30 a.m. (ET) to review the Company's first quarter 2023 operating results and provide a business update.
- 04/26/2023
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Ocwen Financial Corporation (OCN) Q4 2022 Earnings Call Transcript
- Ocwen Financial Corporation (NYSE:OCN ) Q4 2022 Earnings Conference Call February 28, 2023 8:30 AM ET Company Participants Dico Akseraylian – Senior Vice President-Corporate Communications Glen Messina – Chief Executive Officer Sean O'Neil – Chief Financial Officer Conference Call Participants Bose George – KBW Lee Cooperman – Omega Family Office Kyle Joseph – Jefferies Matthew Howlett – B. Riley Eric Hagen – BTIG Operator Greetings, and welcome to the Ocwen Financial Corporation Fourth Quarter Earnings and Business Update Conference Call.
- 02/28/2023
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Ocwen Financial Schedules Conference Call – Fourth Quarter and Full-Year 2022 Results
- WEST PALM BEACH, Fla., Feb. 17, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, February 28, 2023 at 8:30 a.m. (ET) to review the Company's fourth quarter and full-year 2022 operating results.
- 02/17/2023
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Ocwen (OCN) Moves to Buy: Rationale Behind the Upgrade
- Ocwen (OCN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 01/24/2023
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Despite Fast-paced Momentum, Ocwen (OCN) Is Still a Bargain Stock
- Ocwen (OCN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 01/19/2023
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Ocwen Financial Corporation (OCN) Q3 2022 Earnings Call Transcript
- Ocwen Financial Corporation (NYSE:OCN ) Q3 2022 Results Conference Call November 3, 2022 8:30 AM ET Company Participants Dico Akseraylian - Senior Vice President Corporate Communications Glen Messina - Chief Executive Officer Sean O'Neil - Chief Financial Officer Conference Call Participants Derek Sommers - Jefferies Bose George - KBW Matthew Howlett - B. Riley Eric Hagen - BTIG Lee Cooperman - Omega Advisors Operator Good day.
- 11/03/2022
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Ocwen: Fundamental Stability And Strategy Amidst Market Volatility
- Ocwen Financial Corporation remains sturdy amidst headwinds with its well-balanced business model. Revenue growth is hammered, but margins and cash inflows are stable.
- 08/31/2022
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Ocwen Financial Corporation (OCN) CEO Glen Messina on Q2 2022 Results - Earnings Call Transcript
- Ocwen Financial Corporation (NYSE:OCN ) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Dico Akseraylian - SVP, Corporate Communications Glen Messina - President & CEO Sean O'Neil - EVP & Chief Financial Officer Conference Call Participants Eric Hagen - BTIG Matthew Howlett - B. Riley Thomas McJoynt - KBW Preston Graham - Stonegate Capital Operator Operator (Operator) Good morning, and welcome to the Ocwen Financial Corporation Second Quarter Earnings and Business Update Conference Call.
- 08/05/2022
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Ocwen Financial Schedules Conference Call – Second Quarter 2022 Results and Business Update
- WEST PALM BEACH, Fla., July 25, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 4, 2022 at 8:30 a.m. (ET) to review the Company's second quarter 2022 operating results and provide a business update.
- 07/25/2022
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Ocwen Financial Corporation (OCN) CEO Glen Messina on Q1 2022 Results - Earnings Call Transcript
- Ocwen Financial Corporation (NYSE:OCN ) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET Company Participants Glen Messina – President & Chief Executive Officer June Campbell – Executive Vice President, Chief Financial Officer Dico Akseraylian – Senior Vice President, Corporate Communications Conference Call Participants Eric Hagen – BTIG Matthew Howlett – B. Riley Preston Graham – Stonegate Drew Mackintosh – Mackintosh Investor Relations Operator Good day.
- 05/05/2022
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Earnings Preview: Ocwen Financial (OCN) Q1 Earnings Expected to Decline
- Ocwen (OCN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/26/2022
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Ocwen Financial Corporation (OCN) CEO Glen Messina on Q4 2021 Results - Earnings Call Transcript
- Ocwen Financial Corporation (OCN) CEO Glen Messina on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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Ocwen Financial Schedules Conference Call – Fourth Quarter 2021 Results and Business Update
- WEST PALM BEACH, Fla., Feb. 18, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Friday, February 25, 2022 at 8:30 a.m. (ET) to review the Company's fourth quarter 2021 operating results and provide a business update.
- 02/18/2022
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Ocwen Financial (OCN) to Report Q4 Results: Wall Street Expects Earnings Growth
- Ocwen (OCN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/11/2022
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5 Stocks With Recent Price Strength in a Volatile January
- Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are MCB, HBNC, SRTS, OCN and CBZ.
- 01/19/2022
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Ocwen (OCN) is on the Move, Here's Why the Trend Could be Sustainable
- Ocwen (OCN) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
- 01/13/2022
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Fast-paced Momentum Stock Ocwen (OCN) Is Still Trading at a Bargain
- Ocwen (OCN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 12/28/2021
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What Makes Ocwen (OCN) a Good Fit for "Trend Investing"
- If you are looking for stocks that are well positioned to maintain their recent uptrend, Ocwen (OCN) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
- 12/27/2021
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5 Stocks With Recent Price Strength to Enhance Your Returns
- Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are MGPI, CSV, BVH, LPX and OCN.
- 12/17/2021
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Best Value Stocks to Buy for December 9th
- MRBK, PAG, OCN, and SBFG made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 9, 2021.
- 12/09/2021
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What Makes Ocwen (OCN) a Good Fit for "Trend Investing"
- Ocwen (OCN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
- 12/09/2021
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Ocwen Financial (OCN) CEO, Glen Messina on Q3 2021 Results - Earnings Call Transcript
- Ocwen Financial (OCN) CEO, Glen Messina on Q3 2021 Results - Earnings Call Transcript
- 11/08/2021
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Ocwen Financial (OCN) Tops Q3 Earnings and Revenue Estimates
- Ocwen (OCN) delivered earnings and revenue surprises of 43.13% and 4.56%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/08/2021
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Ocwen Financial Schedules Conference Call – Third Quarter 2021 Results and Business Update
- WEST PALM BEACH, Fla., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Monday, November 8, 2021 at 8:30 a.m. (ET) to review the Company's third quarter 2021 operating results and provide a business update.
- 11/02/2021
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Ocwen Financial Provides Update on Correspondent Lending Channel Growth and Organization
- WEST PALM BEACH, Fla., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today provided an update on the significant growth in its Correspondent Lending channel, and announced the addition of senior sales executives to its team. The Company's Correspondent Lending business provides originations solutions and operates under its PHH Mortgage (“PHH”) brand.
- 10/14/2021
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Ocwen Financial Announces Closing With Reverse Mortgage Solutions to Acquire Reverse Mortgage Servicing and REO Platforms
- WEST PALM BEACH, Fla., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its wholly-owned subsidiary, PHH Mortgage Corporation (“PHH”), has completed the previously announced transaction with Reverse Mortgage Solutions, Inc. (“RMS”) and its parent, Mortgage Assets Management, LLC (“MAM”), to acquire substantially all of the RMS reverse mortgage servicing platform and all of the outstanding equity interests in the RMS Real Estate Owned business, REO Management Solutions, LLC (“REO”). MAM is a subsidiary of investment funds managed by Waterfall Asset Management, LLC (“Waterfall”).
- 10/04/2021
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Ocwen Financial Provides Business Update and Second Quarter 2021 Results
- WEST PALM BEACH, Fla., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today provided information regarding its second quarter 2021 results and progress on the Company's key business priorities. A presentation with additional detail regarding today's announcement will be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page) prior to the Company's second quarter 2021 earnings conference call scheduled for Thursday, August 5, 2021 at 8:30 am ET.
- 08/04/2021
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Ocwen Financial Schedules Conference Call – Second Quarter 2021 Results and Business Update
- WEST PALM BEACH, Fla., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 5, 2021 at 8:30 a.m. (ET) to review the Company's second quarter 2021 operating results and provide a business update.
- 08/02/2021
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Ocwen Financial Announces Inclusion in the Russell 2000® Index
- WEST PALM BEACH, Fla., June 28, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it is set to join the Russell 2000® and Russell 3000® Indexes at the conclusion of the 2021 Russell indexes annual reconstitution, effective at the opening of the US equity markets on Monday, June 28, 2021.
- 06/28/2021
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Ocwen Financial Announces Agreement With Reverse Mortgage Solutions to Acquire Reverse Mortgage Servicing Platform
- WEST PALM BEACH, Fla., June 18, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its wholly-owned subsidiary, PHH Mortgage Corporation (“PHH”), has entered into an agreement with Reverse Mortgage Solutions, Inc. (“RMS”) and its parent, Mortgage Assets Management, LLC (“MAM”), to acquire substantially all of the operations, assets and employees of the RMS reverse mortgage servicing platform. MAM is a subsidiary of investment funds managed by Waterfall Asset Management, LLC (“Waterfall”). The Company will also acquire all of the outstanding equity interests in the RMS Real Estate Owned business, REO Management Solutions, LLC (“REO”).
- 06/18/2021
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Ocwen Financial and HomeFree-USA Partner to Expand Hiring Opportunities for Mortgage Professionals of Color
- WEST PALM BEACH, Fla., June 15, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that the Company has partnered with HomeFree-USA, one of the nation's leading, Black-founded HUD-approved community-based financial counseling nonprofit organizations, to create a direct hiring pipeline for graduates of HomeFree-USA's Center for Financial Advancement® (“CFA”) program at historically black colleges and universities (“HBCUs”).
- 06/15/2021
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Ocwen Financial Announces Agreement With AmeriHome to Purchase $48 Billion in Bulk Mortgage Servicing Rights
- WEST PALM BEACH, Fla., May 24, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its wholly-owned subsidiary, PHH Mortgage Corporation (“PHH”), has entered into an agreement with AmeriHome Mortgage Company, LLC (“AmeriHome”) to purchase, in bulk, mortgage servicing rights (“MSRs”) with a total unpaid principal balance of approximately $48 billion.
- 05/24/2021
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Ocwen Financial Schedules Conference Call – Preliminary First Quarter 2021 Results and Business Update
- WEST PALM BEACH, Fla., April 26, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, April 29, 2021 at 8:30 a.m. (ET) to review the Company's preliminary first quarter 2021 operating results and provide a business update.
- 04/26/2021
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Ocwen Financial Announces Agreements With Texas Capital Bank to Acquire Correspondent Lending Business and $14 Billion in Bulk Mortgage Servicing Rights
- Agreements Accelerate Growth Plans for Servicing and Correspondent Lending Agreements Accelerate Growth Plans for Servicing and Correspondent Lending
- 04/21/2021
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OCN Stock: Over 10% Increase Intraday Explanation
- The stock price of Ocwen Financial Corp (NYSE: OCN) increased by over 10% during intraday trading. This is why it happened.
- 04/21/2021
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Ocwen Financial Comments on Court's Entry of Final Judgment in Ocwen's Favor in CFPB Matter
- WEST PALM BEACH, Fla., April 21, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the Court's entry of final judgment in Ocwen's favor following the Consumer Financial Protection Bureau's (“CFPB” or “Bureau”) decision to drop any remaining claims under its Counts 1-9 and the entirety of its Count 10.
- 04/21/2021
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PHH Mortgage Names Industry Veteran Andy Peach as Head of Correspondent Lending
- WEST PALM BEACH, Fla., March 29, 2021 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced that Andy Peach has joined the Company as Senior Vice President, Correspondent Lending.
- 03/29/2021
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PHH Mortgage Renews Partnership With the NAACP to Help COVID-19 Impacted Homeowners Through Virtual Borrower Outreach Series
- WEST PALM BEACH, Fla., March 10, 2021 (GLOBE NEWSWIRE) -- PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced the renewal of its partnership with the NAACP to host 45 regional virtual borrower outreach events in 2021 for PHH Mortgage customers who have been negatively impacted by COVID-19 and are having trouble making their mortgage payments. Virtual borrower outreach events will be held in multiple locations across the country, with the next events to be held in Chicago and New York City.
- 03/10/2021
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Ocwen Financial Comments on Court Order Granting Ocwen's Motion for Summary Judgment on Majority of Claims in CFPB Matter
- WEST PALM BEACH, Fla., March 05, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the ruling issued on March 4, 2021 by the United States District Court for the Southern District of Florida on the Company's motion for summary judgment in the action pending with the Consumer Financial Protection Bureau (“CFPB” or “Bureau”). The Court granted judgment in Ocwen's favor on 9 of the Bureau's 10 counts regarding alleged servicing misconduct that occurred before February 26, 2017. If the CFPB seeks to pursue any claims under Counts 1-9 based on alleged servicing misconduct which occurred after February 26, 2017, the Court reserved ruling on Ocwen's remaining grounds for summary judgment pending the CFPB's submission of a supplemental statement identifying such claims and its evidence, if any. As to Count 10, the Court denied the Bureau's motion for summary judgment because Ocwen credibly disputed the Bureau's claims of misconduct as to the small subset of loans at issue for that count.
- 03/05/2021
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Ocwen Financial Announces Closing of $400 Million Offering of PHH Mortgage Corporation Senior Secured Notes Due 2026
- Enhances Capital Structure and Increases Financial Flexibility to Support Continued Growth and Investment in the Company Enhances Capital Structure and Increases Financial Flexibility to Support Continued Growth and Investment in the Company
- 03/04/2021
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Ocwen Financial Announces Pricing of $400 Million of Senior Secured Notes Due 2026 by PHH Mortgage Corporation
- WEST PALM BEACH, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Mortgage Corporation (“PMC”) priced $400 million aggregate principal amount of 7.875% Senior Secured Notes due 2026 (the “Notes”) at a price to investors of 99.486% of the principal amount thereof. The Notes will be guaranteed on a senior secured basis by the Company and PHH Corporation, the parent company of PMC and subsidiary of the Company (“PHH”).
- 02/26/2021
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Ocwen Financial Announces Proposed Offering of $400 Million of Senior Secured Notes Due 2026 by PHH Mortgage Corporation
- WEST PALM BEACH, Fla., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Mortgage Corporation (“PMC”) plans to offer, subject to market and other conditions, $400 million aggregate principal amount of Senior Secured Notes due 2026 (the “Notes”). The Notes will be guaranteed on a senior secured basis by the Company and PHH Corporation (“PHH”), the parent company of PMC and subsidiary of the Company.
- 02/24/2021
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Ocwen Financial Corporation (OCN) CEO Glen Messina on Q4 2020 Results - Earnings Call Transcript
- Ocwen Financial Corporation (OCN) CEO Glen Messina on Q4 2020 Results - Earnings Call Transcript
- 02/10/2021
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Ocwen Financial Announces Agreement With Oaktree for Additional $250 Million Investment and Preliminary Fourth Quarter Results
- Executed agreement with Oaktree follows rigorous strategic review process
- 02/09/2021
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Ocwen Financial Names George Henley Executive Vice President and Chief Growth Officer
- Henley brings more than 25 years of mortgage industry experience and strong originations growth track record to Ocwen Henley brings more than 25 years of mortgage industry experience and strong originations growth track record to Ocwen
- 02/08/2021
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Ocwen Financial Schedules Conference Call – Preliminary Fourth Quarter 2020 Results and Business Update
- WEST PALM BEACH, Fla., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Wednesday, February 10, 2021 at 8:30 a.m. (ET) to review the Company's preliminary fourth quarter 2020 operating results and provide a business update.
- 02/04/2021
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Ocwen Financial Announces Conditional Redemption of 6.375% Senior Notes Due 2021 and 8.375% Senior Secured Second Lien Notes Due 2022
- WEST PALM BEACH, Fla., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Corporation (“PHH”) has given notice of its intention to redeem on March 4, 2021 (the “Redemption Date”) all of its outstanding 6.375% Senior Notes due 2021 (the “2021 Notes”) and also that its subsidiary PHH Mortgage Corporation (“PMC” and together with PHH, the “Issuers” and each, an “Issuer”) has given notice of its intention to redeem on the Redemption Date all of its outstanding 8.375% Senior Secured Second Lien Notes due 2022 (the “2022 Notes”).
- 02/02/2021
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Leon Cooperman Leans Out Ocwen Financial Holding
- Leon Cooperman (Trades, Portfolio), founder of Omega Advisors, has revealed a reduction in his Ocwen Financial Corp. (NYSE:OCN) position according to GuruFocus' Real-Time Picks, a Premium feature.
- 01/22/2021
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Ocwen Financial Comments on Conclusion of Mediation With the Consumer Financial Protection Bureau
- WEST PALM BEACH, Fla., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today issued the following statement in response to the mediator's notice that the Company's court-ordered mediation with the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) had concluded. The parties were unable to reach a settlement related to the lawsuit filed by the CFPB in 2017 against the Company regarding certain legacy servicing activities.
- 01/06/2021
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Ocwen Financial Accelerates Growth Trajectory With Strategic Relationship With Oaktree and New Servicing Contracts
- Enters into definitive agreement with Oaktree to launch MSR investment vehicle; expected to add approximately $50 to $60 billion of subservicing
- 12/22/2020
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PHH Mortgage Launches New Customer Mobile App
- Enhancement to Servicing Platform Delivers Convenience and Insight for Customers Enhancement to Servicing Platform Delivers Convenience and Insight for Customers
- 12/03/2020
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Low rates and heavy buyer demand send US home sales surging
- Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%
- 08/23/2020
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Saturday's Midday Stock Update: Voxeljet (VJET), EKSO BIONICS (EKSO), Kandi Technologies (KNDI), Aerie Pharma (AERI), Ocwen Financial (OCN) - Markets
- So far Saturday, August 22, NASDAQ is up 2.46% and the S&P is up 1.53%. Let’s take a look at
- 08/22/2020
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Mortgage Fee Aims to Bolster Fannie, Freddie Finances Ahead of Possible Sale
- Mortgage giants Fannie Mae and Freddie Mac are taking advantage of the mortgage-refinancing boom to shore up their capital as they seek to return to private ownership.
- 08/22/2020
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Corporate borrowing in 2020 to smash prior records, Goldman says
- What summer slump? Bond supply this year by U.S. companies is on pace to eclipse all prior annual records, as businesses back up their trucks to borrow...
- 08/21/2020
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Signs of recovery? U.S. business activity and home sales surge
- Signs of recovery? U.S. business activity and home sales surge
- 08/21/2020
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UMH PROPERTIES, INC. ANNOUNCES NEW CREDIT FACILITY
- UMH Properties, Inc. (NYSE: UMH) today announced that it has successfully completed the financing of 28 of its unencumbered communities, containing
- 08/20/2020
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Evictions are expected to skyrocket as pandemic protections come to an end
- The federal ban on evictions expired last month. Many states that paused their own proceedings have now allowed them to resume. The result: A record number of people could find themselves without a home during the pandemic.
- 08/20/2020
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US long-term mortgage rates rise; 30-year at 2.99%
- U.S. average rates on long-term mortgages rose this week though they remain at historically low levels
- 08/20/2020
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Mortgage rates are going back up — just as home prices begin to skyrocket
- Interest rates on home loans are still extremely low by historical standards, and that’s helping to create fierce competition in the real-estate market.
- 08/20/2020
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Banks uncover loophole to buy home loans at below-market prices
- Banks and other lenders have found a way to potentially make billions of dollars from the coronavirus-fueled upheaval in the U.S. mortgage market — yet it risks burning bond investors in the process.
- 08/20/2020
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Weekly mortgage refinances fall as interest rates suddenly turn higher
- A sudden turnaround from record low interest rates last week caused a pullback in mortgage refinance demand.
- 08/19/2020
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Tuesday’s Highlights at Noon: Groupon (GRPN), Kandi Technologies (KNDI), Teva Pharmaceutical Industries (TEVA), Actinium Pharmaceuticals (ATNM), Ocwen Financial (OCN) - Markets
- So far Tuesday, August 18, NASDAQ is up 3.49% and the S&P is up 0.31%. Let’s take a look at
- 08/18/2020
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Homebuilder sentiment jumps to record high, but soaring lumber prices could 'dampen momentum'
- Potential buyers flooded into model homes across the nation, and that has builders feeling better about their business than at any time over the past 20 years. But rising lumber prices could sap the market's momentum this fall.
- 08/17/2020
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Refinancing your mortgage will cost more thanks to a new fee from Fannie Mae and Freddie Mac
- Fannie Mae and Freddie Mac are rolling out a new ‘adverse market fee’ in light of the coronavirus pandemic. Critics of the move say it will cost homeowners...
- 08/16/2020
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Fee to shield Fannie, Freddie from COVID losses draws instant backlash
- The new “adverse market fee” for refinanced mortgages resembles steps the companies took to combat the 2008 mortgage crisis. But critics charge it isn’t necessary and will hurt borrowers’ ability to tap into low rates.
- 08/13/2020
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Women lead industry through the haze of pandemic - HousingWire
- Women are leading the housing industry through the haze of an unprecedented pandemic through empathy, communication and intuition.
- 08/11/2020
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What to do if you're at risk of eviction
- Up to 40 million Americans could lose their homes in the pandemic. If you're at risk of eviction, here are your options.
- 08/11/2020
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Home-Building Stock Index Reaches First Record in 15 Years
- Shares of home builders have been on a tear since the stock market bottomed in late March, boosted by a recovery in the housing market as record-low mortgage rates draw buyers.
- 08/10/2020
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What’s in Trump’s Executive Actions on Coronavirus Aid—and What’s Not
- The president’s moves on jobless aid, payroll taxes, evictions and student loans come during an impasse in bipartisan talks.
- 08/10/2020
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Sell Rocket Companies: It Is REKT (NYSE:RKT)
- The market cap of the company was about $43bn at Thursday's close. At first, the IPO seemed in trouble after cutting the offering size and price, but the market turned bullish on the first day of trading.
- 08/10/2020
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I Can’t Pay My Rent Due to Covid-19. Can I Be Evicted?
- Tenants have legal rights when an eviction is looming. But it’s usually best to try to make a payment arrangement with your landlord first.
- 08/10/2020
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Mortgage Rates Will Drop Further In Coming Weeks
- Mortgage interest rates are falling, but they'll drop even more in the coming weeks, giving some 18 million homeowners an opportunity to save money by refinancing.
- 08/09/2020
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PennyMac Mortgage Investment Trust (PMT) Q2 2020 Earnings Call Transcript | The Motley Fool
- PMT earnings call for the period ending June 30, 2020.
- 08/09/2020
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Stocks To Watch: Barrick Gold, Hedge Fund Reveals And Election Plays (NASDAQ:ACIA)
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 08/08/2020
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Mortgage Rates Will Drop Further In Coming Weeks
- Mortgage interest rates are falling, but they’ll drop even more in the coming weeks, giving some 18 million homeowners an opportunity to save money by refinancing.
- 08/08/2020
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Fannie Mae survey confirms: It's a seller's market - HousingWire
- After two consecutive months of advances, Fannie Mae’s Home Purchase Sentiment Index fell 2.3 points in July to 74.2, but remained above April's record low.
- 08/07/2020
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What credit score is required to buy a house?
- Prospective home buyers should aim to have this credit score to qualify for the best interest rates on mortgages. However, the minimum credit score requirements vary.
- 08/07/2020
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Newsletter: Jobs, Jobs, Jobs
- Your daily economics newsletter from The Wall Street Journal.
- 08/07/2020
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Beyond Coronavirus Stimulus Act Relief, Struggling Homeowners Have Mortgage Payment Options
- The $2 trillion coronavirus stimulus package passed in April included provisions for forbearance for homeowners struggling to make payments on federally-backed mortgages. Now homeowners are exploring their options as some forbearance periods end.
- 08/07/2020
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Fannie Mae And Freddie Mac
- The mortgage market in the United States is highly liquid and very stable. If you want a home mortgage loan and you can afford it, usually you’ll have no trouble finding one. This state of affairs is no accident—you can thank Fannie Mae and Freddie Mac.
Commonly referred to as Fannie and Freddie,
- 08/07/2020
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Arbor Realty: The Safest Dividend Is The One That's Just Been Raised (NYSE:ABR)
- Arbor was likely one of the best buys in the crisis near its March lows, and that's out of many, many spectacular opportunities.
- 08/07/2020
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Negotiators Close In on Coronavirus Aid Deadline With No Deal
- Talks between White House officials and Democratic leaders on a new coronavirus-aid package ended without a breakthrough as both sides edged closer to the Trump administration’s Friday deadline for reaching a deal or leaving the bargaining table.
- 08/07/2020
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Essent Group Ltd. Reports Second Quarter 2020 Results & Declares Quarterly Dividend
- Essent Group Ltd. Reports Second Quarter 2020 Results & Declares Quarterly Dividend
- 08/07/2020
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US average mortgage rates fall; 30-year loan at 2.88%
- U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this year
- 08/06/2020
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US average mortgage rates fall; 30-year loan at 2.88%
- U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this year
- 08/06/2020
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Housing finance regulator to require multifamily landlords in forbearance to notify tenants of eviction protections
- The Federal Housing Finance Agency is also improving their online multifamily property loan look-up tools for tenants.
- 08/06/2020
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Self-Employed Borrowers Now Face More Mortgage Scrutiny
- The economic fallout from the coronavirus pandemic has left lenders looking for more ways to mitigate their risks. For self-employed workers, that means providing more documentation proving their income.
- 08/06/2020
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Here's a look at NAMB's latest legislative efforts - HousingWire
- HousingWire spoke with NAMB President Rocke Andrews and Roy DeLoach, NAMB’s lobbyist in Washington, D.C., about NAMB's legislative efforts.
- 08/05/2020
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What Kind Of Shareholders Hold The Majority In Ocwen Financial Corporation's (NYSE:OCN) Shares?
- If you want to know who really controls Ocwen Financial Corporation (NYSE:OCN), then you'll have to look at the makeup...
- 08/05/2020
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The number of Americans skipping mortgage payments is falling — except among these borrowers
- Forbearance plans allow mortgage borrowers to make reduced payments or skip monthly payments.
- 08/05/2020
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TFS Financial Corporation: A Regional Bank You May Consider (NASDAQ:TFSL)
- TFSL's key markets are faring rather well, and non-interest income has surged in the recently concluded quarter.
- 08/05/2020
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Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certificates, Series 2007-3 -- Moody's downgrades five classes of small balance commercial loan ABS issued by Lehman Brothers
- Moody's Investors Service, ("Moody's") has downgraded ratings of five classes issued by Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certificates, Series 2007-2 (Lehman 2007-2) and Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certificates, Series 2007-3 (Lehman 2007-3). The downgrade rating actions on Cl. 1A3 and Cl. 1A4 in the Lehman 2007-2 transaction and Cl. AJ and Cl. M-1 in the Lehman 2007-3 transaction reflect the unpaid credit-related basis risk interest shortfalls caused by the continued accrual of interest on the outstanding shortfalls.
- 08/05/2020
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Zacks Investment Research Downgrades Federal Home Loan Mortgage (OTCMKTS:FMCC) to Sell
- Federal Home Loan Mortgage (OTCMKTS:FMCC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Monday, Zacks.com reports. According to Zacks, “Freddie Mac is a stockholder-owned corporation that supports homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it […]
- 08/05/2020
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Forbearance rate falls to the lowest level since April - HousingWire
- The U.S. mortgage forbearance rate fell to 7.67% in the last week of July, the lowest in three months, down from 7.74% a week earlier, MBA said.
- 08/04/2020
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Federal National Mortgage Association : Fannie Mae Announces Offering of New Issue 10-Year Benchmark Notes Due August 5, 2030 | MarketScreener
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Housing Action Illinois partners with Freddie Mac for uniform counseling data - HousingWire
- Housing Action Illinois announced its collaboration with Freddie Mac on the creation of a uniform data standard for the housing counseling industry.
- 08/04/2020
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Edited Transcript of OCN.N earnings conference call or presentation 17-Jul-20 12:30pm GMT
- Preliminary Q2 2020 Ocwen Financial Corp Earnings Call
- 08/04/2020
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Ocwen Financial Announces Reverse Stock Split
- WEST PALM BEACH, Fla., Aug. 03, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its Board of Directors approved a reverse stock split of authorized and outstanding shares of the Company’s common stock at a ratio of one-for-15. As previously disclosed, on July 15, 2020, the Board approved a reverse stock split of the Company’s common stock at a ratio of one-for-25. Based on subsequent developments, including a significant increase in the trading price of the Company’s common stock, on July 28, 2020, Ocwen’s Board and management determined to move forward with a reverse stock split at a ratio of one-for-15.The reverse stock split is expected to be effective at 5:00 p.m. EST on August 13, 2020 (“the Effective Time”). The Company’s common stock is expected to begin trading on a split-adjusted basis on the New York Stock Exchange (“NYSE”) at market open on August 14, 2020 under the new CUSIP number: 675746 606. The trading symbol for the Company’s common stock will remain “OCN.”At the Effective Time, every fifteen (15) shares of issued common stock will be combined and converted into one (1) issued share of common stock. No fractional shares will be issued as a result of the reverse stock split. Once effective, the reverse stock split will reduce the number of shares of common stock issued and outstanding from approximately 130.0 million to approximately 8.7 million and will reduce the number of authorized shares from 200.0 million to approximately 13.3 million.Stockholders who would otherwise be entitled to a fractional share of common stock will be entitled to one (1) whole share in lieu of such fractional share. Holders of the Company’s common stock held in book-entry form or through a bank, broker or other nominee do not need to take any action in connection with the reverse stock split. Stockholders of record will be receiving information from the Company’s transfer agent, American Stock Transfer & Trust Company, LLC, regarding their common stock ownership post-split. The reverse stock split will not modify any rights or preferences of the Company’s common stock.The Company believes a reverse stock split may facilitate investment in its stock by potentially broadening the range of eligible institutional investors, increasing analyst and broker-dealer interest, and decreasing stock price volatility. The Company also believes that increased interest in the Company and its common stock may lead to an increase in the dollar trading volume and liquidity of its common stock. Additionally, as previously described in the Company’s filings with the Securities and Exchange Commission, the Company was notified on April 8, 2020 by the NYSE that the average trading price per share of its common stock was below the NYSE’s continued listing standard rule relating to minimum average share price, and the Company must regain compliance with the NYSE’s share price standard by December 17, 2020. While Ocwen’s share price is currently above the minimum threshold price, by increasing the market price per share of the Company’s common stock, the reverse stock split may assist the Company in regaining and maintaining compliance with the NYSE’s minimum average share price requirement.The Company sought advisory approval of a reverse stock split at its 2020 Annual Meeting of Shareholders on May 27, 2020 and the reverse stock split was approved by over 97% of the votes cast on the proposal.About Ocwen Financial CorporationOcwen Financial Corporation (NYSE: OCN) is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs. Liberty is one of the nation’s largest reverse mortgage lenders dedicated to education and providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices in the United States and the U.S. Virgin Islands and operations in India and the Philippines, and have been serving our customers since 1988. For additional information, please visit our website (www.ocwen.com).Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by a reference to a future period or by the use of forward-looking terminology. Forward-looking statements are typically identified by words such as “expect”, “believe”, “foresee”, “anticipate”, “intend”, “estimate”, “goal”, “strategy”, “plan” “target” and “project” or conditional verbs such as “will”, “may”, “should”, “could” or “would” or the negative of these terms, although not all forward-looking statements contain these words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. We are in the midst of a period of capital markets volatility and experiencing significant changes within the mortgage lending and servicing ecosystem which have magnified such uncertainties. Readers should bear these factors in mind when considering such statements and should not place undue reliance on such statements.Forward-looking statements involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially. In the past, actual results have differed from those suggested by forward looking statements and this may happen again. Important factors that could cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, the impact of our planned reverse split on the price and trading market for our common stock; our ability to regain and maintain compliance with the continued listing standards of the NYSE; uncertainty relating to the impacts of the COVID-19 pandemic, including with respect to the response of the U.S.
- 08/03/2020
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Sneak peak: Women lead housing through pandemic haze - HousingWire
- Women lead industry through the haze of pandemic, pulled from the redesigned HousingWire Magazine, has been removed from the paywall for a limited time.
- 08/03/2020
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Low Rates Make Northern Trust A Sell (NASDAQ:NTRS)
- While NTRS may look cheap, the stock is likely a value trap, given declining earnings. Q2 was sound operationally, but lower interest rates hurt net interest income.
- 08/03/2020
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How Mortgage Forbearance Works
- Mortgage forbearance is a relief program that allows homeowners to pause or reduce their mortgage payments for a few months or longer, depending on your lender, circumstances or both. When the forbearance period ends, borrowers have several options for repaying what they owe, including tacking the m
- 08/03/2020
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2020 HW Woman of Influence: Jacqueline Welch - HousingWire
- While traditional HR is often characterized as transactional and reactive with a compliance-driven approach, Welch does not take the traditional approach.
- 08/03/2020
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2020 HW Woman of Influence: Leanne Spies - HousingWire
- Leanne Spies has played a vital role in leading the response at Freddie Mac to one of the most changing economic environments the industry has seen.
- 08/03/2020
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2020 HW Woman of Influence: Charlotte Catalfo - HousingWire
- Catalfo is a member of Freddie Mac's Senior Operating Committee, providing leadership on operational risks, business resiliency, and payment risks.
- 08/03/2020
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2020 HW Woman of Influence: Terri Merlino - HousingWire
- Late in 2019, Merlino was promoted from vice president to senior vice president, making her one of the most influential leaders at Freddie Mac.
- 08/03/2020
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2020 HW Woman of Influence: Riham El-Lakany - HousingWire
- Riham El-Lakany supports the business through comprehensive, effective marketing and communications campaigns and initiatives.
- 08/03/2020
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Federal Home Loan Mortgage Corp (OTCMKTS:FMCC) Receives $4.21 Consensus PT from Brokerages
- Shares of Federal Home Loan Mortgage Corp (OTCMKTS:FMCC) have been assigned a consensus recommendation of “Buy” from the eight analysts that are covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among analysts […]
- 08/02/2020
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Weekly Commentary: Precarious World
- Amazon, Apple, Facebook and Google all reported booming earnings the day following Wednesday appearances by respective CEOs before the House Antitrust Subcommittee hearing.
- 08/01/2020
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Federal National Mortgage Association : Fannie Mae Releases June 2020 Monthly Summary | MarketScreener
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Fintech lender Affirm mulling IPO; Fannie, Freddie profits improve
- The online installment lender could be worth as much as $10 billion; the GSEs' net income jumped sharply from the first quarter after the rebound in the housing market.
- 07/31/2020
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Fannie Mae Q2 earnings fell as fee revenue declined - HousingWire
- Fannie Mae said its net income fell 26% in Q2 from a year ago as lending for home purchases slowed in the early months of the pandemic.
- 07/30/2020
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Self-employed landlords battle harder for home-loan approvals
- Underwriters will leave no stone unturned to make sure you measure up.
- 07/30/2020
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Homeowner expected relief from a mortgage deferral, instead got a bill for $4,700: 'I about fell over'
- One Utah homeowner panicked after receiving a mortgage bill for $4,700 — more than the three months of payments she thought she placed on a coronavirus deferment plan with Bank of America in March.
- 07/30/2020
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With mortgage rates at historic lows, should you join the rush to refinance? - That’s Rich!
- 30-year mortgage rates near 3% are now triggering a lot of refinance options. Here's what to consider.
- 07/30/2020
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Mortgage Interest Rates Decrease Yet Again, Nearly Reaching Lowest Rate On Record
- Mortgage interest rates are decreasing again, after a slight tick upward last week.
- 07/30/2020
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Future Returns: REITs Should Rise as Economy Recovers
- Citi Private Bank expects the sector to benefit over the next 12-to-18 months, driven also by long-term trends
- 07/28/2020
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Mortgage and real estate trends to watch for in the rest of 2020
- In a world altered by the pandemic, here’s what home buyers and sellers can expect in the second half of the year.
- 07/28/2020
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Federal National Mortgage Association : Fannie Mae's Green Bond Program Expands with Latest Single-Family Green MBS Issuances | MarketScreener
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Federal National Mortgage Association : Fannie Mae Announces Scheduled Release of Fourth Quarter and Full-Year 2019 Financial Results | MarketScreener
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Fannie gets CICERO certification for its single-family green bonds
- Fannie Mae, the largest issuer of green bonds in the world, said on Monday it received certification from CICERO Shades of Green for its mortgage-backed securities that are the first containing loans backed by energy-efficient single-family homes.
- 07/28/2020
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Freddie Mac : Issues Monthly Volume Summary for June 2020 | MarketScreener
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The K2 Principal Fund L.P. Holdings Update for Moneta Porcupine Mines Inc.
- TORONTO, July 27, 2020 /CNW/ - The K2 Principal Fund L. ("K2") announced that effective July 24, 2020 ceases to be an insider on Moneta Porcupine Mines Inc.
- 07/27/2020
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KBRA Assigns Preliminary Ratings to NRZ MSR-Collateralized Notes, Series 2020-FNT2 | | IT Business Net
- NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a rating of 'BBB- (sf)' to the Series 2020-FNT2 Term Notes from NRZ MSR-COLLATERALIZED NOTES, New Residential Mortgage LLC
- 07/27/2020
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KBRA Assigns Preliminary Ratings to NRZ MSR-Collateralized Notes, Series 2020-FNT2
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Best’s Special Report: AM Best Updates Net Capital Charges Associated With Fannie-Freddie Mortgage Risk Transfers
- As more of Fannie Mae and Freddie Mac’s mortgage risks continue to make their way to the reinsurance market, AM Best has published tables of net capit
- 07/27/2020
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Trading Activity In Emerging Names Increased On OTC Markets In June
- Bellweather companies like Roche Holding Ltd (OTCQX: RHHBY), Fannie Mae (OTCQB: FNMA), and Experian plc (OTCQX: EXPGY) remained among the most actively traded names on OTC Markets...
- 07/24/2020
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PHH Mortgage Expands Partnership With the NAACP to Help COVID-19 Impacted Homeowners Through Virtual Borrower Outreach Series
- WEST PALM BEACH, Fla., July 23, 2020 (GLOBE NEWSWIRE) -- PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced an expanded partnership with the NAACP to host more than 30 regional virtual borrower outreach events for PHH Mortgage customers who have been negatively impacted by COVID-19 and are having trouble making their mortgage payments. Virtual borrower outreach events have been held in New York, Maryland, Central Florida, Tennessee and Ohio, and the next three events will be held in Pennsylvania, Washington, D.C. and Illinois. The virtual events provide attendees with information regarding mortgage assistance options and feature speakers from a local HUD-certified counseling agency and PHH Mortgage. After the event, homeowners can schedule a virtual one-on-one meeting with a housing counselor and PHH Mortgage Home Retention Agent to discuss their unique situations and receive information about mortgage assistance options available to them. “In response to the pandemic, PHH Mortgage was quick to reinforce its commitment to creating positive outcomes for its customers, particularly those who have been financially impacted by COVID-19. Our expanded partnership with the NAACP and local housing counseling agencies is just one of the ways we are working to help borrowers get through this difficult time period,” said Tamara Gifford, Director of Community and External Relations at Ocwen.“In these unprecedented times of COVID-19, we are appreciative for this continued partnership with PHH Mortgage to further ensure that our constituents have an equal opportunity to save their homes,” said Jacquelyne Ward-Richardson, National Fair Housing Manager of Economic Programs at the NAACP. Since March 2020, PHH Mortgage has helped more than 130,000 borrowers with mortgage forbearance due to financial hardships related to the COVID-19 pandemic. Over the past 12 years, PHH Mortgage has completed more than 800,000 loan modifications nationwide, many of which included a principal reduction for borrowers whose mortgage exceeded the current value of the home. For a list of dates and locations of upcoming events, please go to www.ocwencares.com/events.About Ocwen Financial CorporationOcwen Financial Corporation (NYSE: OCN) is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs. Liberty is one of the nation’s largest reverse mortgage lenders dedicated to education and providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices in the United States and the U.S. Virgin Islands and operations in India and the Philippines, and have been serving our customers since 1988. For additional information, please visit our website (www.ocwen.com).FOR FURTHER INFORMATION CONTACT: Dico Akseraylian T: (856) 917-0066 E: mediarelations@ocwen.com
- 07/23/2020
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Mortgage REITs Carry Double-Digit Yields — and the Risks That Come With Such Yields
- These companies use leverage to boost their returns, and some of them cut dividends in the wake of the pandemic.
- 07/23/2020
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Money Market Yields Are Lousy. The Pluses and Minuses of the Alternatives
- Need to park your cash and generate some performance while the storm passes? Consider ultrashort bond funds, ETFs, savings banks, and maybe a mortgage refinancing. We offer a guide.
- 07/23/2020
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This zero-down payment mortgage helps lower-income people become homeowners
- A lot of consumers think home ownership is out of reach if they can't put their hands on 20% for a down payment. That is not the case.
- 07/23/2020
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Existing-Home Sales Leapt 21% in June. Mortgage Rates Are Below 3%. Expect More Gains.
- Sales of previously owned homes surged to a seasonally adjusted annual rate of 4.72 million, a record pace as sales snapped a three-month stretch of declines amid declining mortgage rates.
- 07/22/2020
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Fannie Mae stock could be worth zero, Wedbush analyst says
- Shares of Fannie Mae undefined were indicated down nearly 2% in premarket trading, after Wedbush analyst Henry Coffey recommended investors sell, saying the...
- 07/22/2020
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The feared jumbo mortgage debacle is here — thanks to the coronavirus — and ready to pound the housing market
- COVID-19 pandemic is squeezing borrowers’ ability to stay in their homes, writes Keith Jurow.
- 07/22/2020
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Weekly mortgage demand from homebuyers jumps even higher, up 19% annually
- Homebuyer demand and an already strong refinance market pushed mortgage application volume up 4.1% last week, the Mortgage Bankers Association said.
- 07/22/2020
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1.4 million homes have accessory dwelling units, Freddie Mac says - HousingWire
- Guest home, granny flats and mother-in-law suites are more commonly used terms for ADUs in the U.S., which have grown in demand since the 1950s.
- 07/22/2020
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Uber, Tesla And Wayfair Are Losing Thousands In Profit Per Employee
- Stocks Analysis by ValueWalk (Jacob Wolinsky) covering: Bank of America Corp, Apple Inc, CenturyLink Inc, Wells Fargo & Company. Read ValueWalk (Jacob Wolinsky)'s latest article on Investing.com
- 07/22/2020
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Fannie Mae Draws a Zero-Dollar Price Target Due to Dilution - BNN Bloomberg
- Fannie Mae could be worthless to public shareholders, according to its newest analyst.
- 07/21/2020
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Freddie Mac Prices New $2.5 Billion Two-Year and New $2.5 Billion Five-Year Reference Notes Securities | MarketScreener
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Freddie Mac Prices $828 Million Multifamily K-Deal, K-F81 | MarketScreener
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High prices and an unpredictable market: Here are some pointers for buying a home right now
- Demand for homes is high, costs are rising—these factors necessitate some skillful navigation by prospective buyers.
- 07/21/2020
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The truth about the Dodd Frank Act
- Lawmakers must enact what was omitted in the financial mandate.
- 07/21/2020
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Freddie Mac Announces Issuance of New Two-Year and New Five-Year Reference Notes Securities | MarketScreener
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Future Returns: Tackling Racial Inequities With Bonds
- Community Capital Management offers strategy to direct capital to affordable housing, economic inclusion, and neighborhood revitalization
- 07/21/2020
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Freddie Mac Announces Pricing of $387 Million Multifamily Small Balance Loan Securitization | MarketScreener
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Cyberattack on Freddie Mac Vendor Highlights Supply Chain Vulnerabilities
- A recent cyberattack on one of Freddie Mac’s vendors showed how large companies are vulnerable to breaches targeted not only at themselves but also at companies they hire.
- 07/21/2020
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Mortgage giant Fannie Mae sees rates falling to 2.75%
- With mortgage rates falling to record lows, thousands of Americans are buying houses or refinancing their existing homes.
- 07/20/2020
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Freddie Mac celebrates 50 years and $10 trillion funding the American Dream
- Freddie Mac is celebrating its 50-year anniversary, highlighting the $10 trillion in funding it has provided to the U.S. housing market since its inception.
- 07/20/2020
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Freddie Mac : Multifamily Names Ling Xu Vice President of Multifamily Investments and Portfolio Management | MarketScreener
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An Earnings Snapshot That Shines a Light on a Messy Economy | MarketScreener
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Ocwen Financial (NYSE:OCN) Stock Price Up 2.9%
- Ocwen Financial Corp (NYSE:OCN) shares rose 2.9% during mid-day trading on Thursday . The stock traded as high as $0.64 and last traded at $0.67, approximately 20,620 shares changed hands during trading. A decline of 99% from the average daily volume of 1,884,567 shares. The stock had previously closed at $0.65. The company has a […]
- 07/18/2020
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Freddie Mac Prices $895 million Multifamily K-Deal, K-1516 | MarketScreener
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US home construction jumps 17.3% in June
- Construction of U.S. homes jumped 17.3% in June as some states opened back up, but still lags behind last year’s pace after this spring’s massive slowdown in building activity due to the coronavirus outbreak
- 07/17/2020
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Do Face Masks Hurt the Economy?
- Republican convention pivots, again, U.S. recovery continues as cracks emerge, Trump administration ratchets up rhetoric against China, and other news to start your day.
- 07/17/2020
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5 things to know before the stock market opens Friday
- Dow futures pointed to a modest gain at Friday's open, one day after the blue chip average snapped a four-session winning streak.
- 07/17/2020
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Retail Spending Rises 5% in June, and Two More Numbers to Know
- The average rate for a 30-year fixed-rate mortgage hits a record low. American Airlines and JetBlue are banding together amid widespread downturn in travel. And although retail spending was up for June, it may not stay that way for long.
- 07/17/2020
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US mortgage rates reach historic depths below 3%
- NEW YORK (REUTERS) - US 30-year fixed-rate mortgages fell below 3 per cent for the first time in records going back nearly 50 years this week, according to data released by Freddie Mac on Thursday (July 16).. Read more at straitstimes.com.
- 07/17/2020
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US mortgage rates reach historic depths below 3%: Freddie Mac
- [NEW YORK] US 30-year fixed-rate mortgages fell below 3 per cent for the first time in records going back nearly 50 years this week, according to data released by Freddie Mac on Thursday. Read more at The Business Times.
- 07/17/2020
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U.S. mortgage rates reach historic depths below 3% - Freddie Mac
- U.S. 30-year fixed-rate mortgages fell below 3% for the first time in records going back nearly 50 years this week, according to data released by Freddie Mac on Thursday.
- 07/17/2020
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U.S. homebuilding surges as coronavirus crisis sparks flight to suburbs, rural areas
- U.S. homebuilding surges as coronavirus crisis sparks flight to suburbs, rural areas
- 07/17/2020
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U.S. mortgage rates reach historic depths below 3%: Freddie Mac
- U.S. 30-year fixed-rate mortgages fell below 3% for the first time in records going back nearly 50 years this week, according to data released by Freddie Mac on Thursday.
- 07/16/2020
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30-year mortgage interest rate falls to historic low, increasing homebuyer demand
- The average interest rate on a 30-year mortgage tumbled to a 50-year low on Thursday by dropping to 2.98%, which will increase homebuyer demand, according to Freddie Mac, a government-sponsored organization that provides liquidity to the housing market.
- 07/16/2020
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U.S. mortgage rates reach historic depths below 3%: Freddie Mac
- U.S. 30-year fixed-rate mortgages fell below 3% for the first time in records going back nearly 50 years this week, according to data released by Freddie Mac on Thursday.
- 07/16/2020
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U.S. mortgage rates reach historic depths below 3% -Freddie Mac | MarketScreener
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Ocwen Financial Provides Business Update and Preliminary Second Quarter Results
- Preliminary second quarter results demonstrate continued momentum in operating and financial performance Balanced business model, growing originations channels and proven core.
- 07/16/2020
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Mortgage Rates Drop Below 3% for the First Time. They Could Keep Falling.
- If trends continue, we could continue to see rates fall to new lows, one expert tells Barron's.
- 07/16/2020
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U.S. mortgage rates reach historic depths below 3%: Freddie Mac
- U.S. 30-year fixed-rate mortgages fell below 3% for the first time in nearly 50 years, according to data released by Freddie Mac on Thursday.
- 07/16/2020
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Home loan refinancing surges as mortgage rates hit new lows
- U.S. homeowners are seizing on historically low mortgage rates to refinance their mortgages
- 07/16/2020
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Freddie Mac : U.S. mortgage rates reach historic depths below 3% -Freddie Mac | MarketScreener
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US mortgage rates fall to record lows; 30-year at 2.98%
- Average rates on long-term mortgages continue to fall to new record lows, as the key 30-year loan dropped below 3% for the first time in 50 years
- 07/16/2020
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USA: le taux d’emprunt immobilier à 30 ans à un plus bas historique
- La référence calculée par l’agence américaine de refinancement des prêts hypothécaires Freddie Mac chute sous les 3%.
- 07/16/2020
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Granny Flats, Garage Apartments, In-Law Suites Gaining in Popularity | MarketScreener
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Mortgage rates fall below 3 percent for first time
- The average rate for a 30-year fixed-rate mortgage fell beneath 3 percent for the first time in history. Freddie Mac reported they were going for 2.98 percent for the week ending July 16.
- 07/16/2020
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Mortgage rates will drop below 3% by year-end as their record decline continues, Fannie May says
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Mortgage Rates Fall Below Three Percent | MarketScreener
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Moneta Confirms Extensions of Gold Mineralization at New Westaway Discovery with 35.50 M @ 2.96 g/t Gold
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Wells Fargo paused mortgage payments for some customers without asking
- Lawyers say they've found cases in 11 states in which Wells Fargo has wrongly claimed borrowers asked to pause mortgage payments during the COVID-19 pandemic.
- 07/16/2020
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U.S. Mortgage Rates Slip to Record Low 2.98% for 30-Year Loans
- U.S. Mortgage Rates Slip to Record Low 2.98% for 30-Year Loans
- 07/16/2020
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Will mortgage rates drop below 3%?
- At the beginning of the coronavirus pandemic, mortgage industry experts forecast that benchmark interest rates might fall, but wouldn’t drop below 3%. But...
- 07/15/2020
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The Housing Market Bubble Will Pop First in Big Cities - Here’s Why
- Americans are fleeing large cities for suburban areas because of the pandemic. The housing market could crash in big cities as a result.
- 07/15/2020
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Millions of Americans have their mortgages in forbearance programs—here's why those using private lenders may face bigger challenges
- About 4 million homeowners are currently in some type of mortgage forbearance program. But experts say those who are seeking relief with private lenders may have a more challenging road ahead because the terms and offerings may vary.
- 07/15/2020
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Greystone Provides $10.5 Million Fannie Mae DUS® Loan to Refinance Affordable Housing in Minnesota
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Mortgage rates set yet another record low, but homebuyers pulled back
- It almost doesn't sound like news anymore: Mortgage rates fell to another record low last week, and that reinvigorated refinance demand. Homebuyers, however, took a step back.
- 07/15/2020
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Community Trust Bancorp, Inc. Reports Earnings for the Second Quarter 2020
- Community Trust Bancorp, Inc. (NASDAQ: CTBI): Earnings Summary (in thousands except per share data) 2Q 2020 1Q 2020 2Q 2019 6 Months 2020 6
- 07/15/2020
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FSOC to evaluate risks posed by the secondary mortgage market
- The Financial Stability Oversight Council said Tuesday that it will begin a review of the secondary mortgage market. The evaluation will determine what risks...
- 07/14/2020
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Freddie Mac Obtains New $425 Million ACIS Insurance Policy | MarketScreener
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Share of mortgage loans in forbearance falls for the fourth week in a row
- The share of mortgage loans in forbearance fell for the fourth week in a row to 8.18% according to the Mortgage Bankers Association’s Forbearance and Call Volume survey. The MBA approximates 4.2 million homeowners are now in forbearance.
- 07/14/2020
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Ocwen Financial Schedules Conference Call – Preliminary Second Quarter 2020 Results and Business Update
- WEST PALM BEACH, Fla., July 13, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Friday, July 17, 2020 at 8:30 a.m. (ET) to review the Company’s preliminary second quarter 2020 operating results and provide a business update. This event will follow Ocwen’s preliminary second quarter 2020 earnings and business update press release. The release will be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page). A live audio webcast and slide presentation for the call will be available at www.ocwen.com (through a link on the Shareholder Relations page). Those who want to listen to the call should go to the website at least fifteen minutes prior to the call to register, download and install any necessary audio software.A replay of the conference call will be available via the website approximately two hours after the conclusion of the call and will remain available for approximately 30 days.For more information on prior releases and SEC Filings, please refer to the "Shareholder Relations" section of our website at www.ocwen.com.About Ocwen Financial CorporationOcwen Financial Corporation (NYSE: OCN) is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs. Liberty is one of the nation’s largest reverse mortgage lenders dedicated to education and providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices in the United States and the U.S. Virgin Islands and operations in India and the Philippines, and have been serving our customers since 1988. For additional information, please visit our website (www.ocwen.com).FOR FURTHER INFORMATION CONTACT:Investors:Media: June CampbellDico Akseraylian T: (856) 917-3190T: (856) 917-0066 E: shareholderrelations@ocwen.com E: mediarelations@ocwen.com
- 07/13/2020
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Wells Fargo buys $14B of delinquent mortgages tied to pandemic
- The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.
- 07/13/2020
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You might have a tough time getting a 'jumbo mortgage' during pandemic. Here's what to expect
- Banks and lenders remain more cautious about making loans for home purchases or mortgage refinances that are higher than the government limits for so-called conforming loans. Here's how to find a "jumbo" loan and what the requirements may be.
- 07/13/2020
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Another round of stimulus checks? Extended unemployment? Here are answers to key money questions
- It can hard to budget when you don't know what money will be coming in or going out. Here's an update on where your bill obligations and federal relief measures stand amid the pandemic.
- 07/13/2020
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NY Fed's Williams says timeline for ending Libor is unchanged by pandemic
- NY Fed's Williams says timeline for ending Libor is unchanged by pandemic
- 07/13/2020
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[PULSE] Ginnie Mae restricts long-time legitimate business activity of mortgage servicers - HousingWire
- Ginnie Mae’s restriction on repooling of reperforming forborne loans penalizes servicers, whose continuing efforts to protect borrowers affected by COVID.
- 07/10/2020
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Supreme Court to hear Fannie Mae/ Freddie Mac Collins case - ValueWalk
- In a big win for Fannie Mae and Freddie Mac preferred shareholders, the Supreme Court has decided it will hear the Collins case.
- 07/10/2020
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Freddie Mac Prices Approximately $1.6 Billion Securitization of Re-Performing Loans | MarketScreener
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What's more important when applying for a mortgage: excellent credit or 20% down payment?
- CNBC Select spoke with a loan officer who explained why the size of your down payment is just as important as your credit score in getting an affordable mortgage.
- 07/10/2020
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Coronavirus mortgage bailout sees biggest one-week decline, but more borrowers are extending terms
- The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire.
- 07/10/2020
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Orchid Island Capital Has Short-Term Risks Due To Slowing Stimulus (NYSE:ORC)
- Months ago, Orchid Island Capital was a clear buy, as the market had not yet accounted for the extremely bullish impact of Federal Reserve stimulus.
- 07/10/2020
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Supreme Court to Hear Case on Government Seizure of Fannie, Freddie Profits
- The U.S. high court will wade into a yearslong dispute involving the federal takeover of Fannie Mae and Freddie Mac during the financial crisis of 2008, agreeing to review a case examining the government’s move to seize the mortgage-finance companies’ profits..
- 07/10/2020
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How soon will fixed mortgage rates fall below 2%?
- “Rates will grind lower,” said Seth Sprague, principal at Stratmor Group. “Loans will get harder to do as the economy isn’t opening up.”
- 07/09/2020
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Mortgage rates hit record low as states roll back reopening plans
- A surge in COVID cases prompts states to roll back reopening plans, and the average rate for a 30-year fixed loan hit 3.03 percent.
- 07/09/2020
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Wells Fargo tells new clients they need $1 million in balances for certain mortgage refinancings
- The move shows how Wells Fargo, the largest U.S. mortgage lender and biggest player in jumbo mortgages, is operating under the dual pressures of the coronavirus pandemic and a Federal Reserve cap on its balance sheet.
- 07/09/2020
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Crashing coastal property values and the economic fallout of climate change - The Boston Globe
- Climate change is already impacting New England coastal property. Maine, New Hampshire, Massachusetts, and Rhode Island have already lost $403 million in coastal property value.
- 07/08/2020
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Quicken Loans is going public: 5 things to know about the mortgage lender
- Quicken has been the largest mortgage lender in the U.S. since 2018.
- 07/08/2020
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Renters face financial cliff ahead as eviction moratorium ends July 25
- Americans who rent have largely been able to survive the initial months of the coronavirus pandemic helped by unemployment and federal relief checks, but the...
- 07/08/2020
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Struggling to make rent or mortgage payments due to COVID-19? You have options.
- Sorry, but your browser does not support the...
- 07/08/2020
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Renters face financial cliff ahead; limited help available
- Renters are nearing the end of their financial rope as the assistance and protections given to them during the pandemic run their course
- 07/08/2020
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Moogsoft Publishes “Observability with AIOps For Dummies”
- New eBook provides DevOps and SRE teams best practices to achieve operational visibility with AIOps.
- 07/08/2020
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GSE developments: FHFA may have acted illegally - ValueWalk
- Three major GSE developments over the last 10 days will greatly impact the future of Fannie Mae and Freddie Mac. Dick Bove of Odeon Capital
- 07/07/2020
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Consumers, especially renters, are feeling much better about buying a home
- After plunging to nearly the lowest level in its history in April, an index measuring consumer sentiment in the housing market bounced back significantly in June.
- 07/07/2020
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Bridge Launches Agency MBS Strategy
- Bridge Investment Group (“Bridge”), one of the largest private equity real estate managers with over $20 billion of assets under management, announced
- 07/07/2020
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'Interest-only' mortgages might make sense in some situations, but beware the risks
- These mortgages, which proliferated leading up to the financial crisis of 2008-2009, generally come with stricter standards than in the past. Nevertheless, they still come with risk for the buyer.
- 07/06/2020
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KBRA Assigns Preliminary Ratings to FREMF 2020-K111 and Freddie Mac Structured Pass-Through Certificate Series K-111
- Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2020-K111 mortgage pass-t
- 07/06/2020
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Hedge Funds Still Like Ocwen Financial Corporation (OCN)
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 07/05/2020
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