Ocwen Financial Corporation (OCN)

25.18
NYSE
Prev Close 25.24
Day Low/High 24.88 / 25.39
52 Wk Low/High 17.76 / 41.92
Exchange NYSE
Shares Outstanding 9.25B
Market Cap 233.48M
P/E Ratio 260.70
Div & Yield N.A. (N.A)
Hot Fun in D.C., Part 2: Resurrected Mortgage Insurers

Hot Fun in D.C., Part 2: Resurrected Mortgage Insurers

Virtually all roads now lead to good things for this sector.

A Seasoned Pro's Finance, Real Estate Picks

A Seasoned Pro's Finance, Real Estate Picks

EJF Capital has some interesting ideas in these sectors.

Nationstar vs. Ocwen

Nationstar is sucking wind. I recently compared the quality of earnings between Ocwen (OCN, high-quality) and Nationstar (NSM, low-quality). Today Nationstar is sucking wind.

Nationstar vs. Ocwen

Nationstar vs. Ocwen

It's apples to oranges.

Nationstar vs. Ocwen

It's apples to oranges. As I will explain in this column, in the mortgage-servicing space I favor Ocwen Financial (OCN) over Nationstar Mortgage Holdings (NSM). Yesterday, mortgage servicer Nationstar Mortgage reported a beat to second-quarter 2013 ...

An Amazing Stat

Today's Ocwen price move has the potential be in line with what I originally paid for the shares several years ago.   Here is an amazing statistic. Ocwen's (OCN) shares are now +$3.50. If it rallies another $1.50 today -- the daily price move will b...

Nice Quarter for Ocwen

The company's cousins should prosper in the time ahead. Strong revenue beat at Ocwen (OCN), and profits, adjusted for nonrecurrring items, were higher as well. The company's pipleine grew to $400 billion, which means that Ocwen's cousins -- namely, ...

Chimera Update

Taking some of my position off. Chimera Investment (CIM), as I thought a few days ago, has now climbed over $3 a share and I am taking some of my position off. The reason is several fold. Firstly, interest rates are going back up as the Fed is begin...

Analyzing Two Mortgage Service Plays

Analyzing Two Mortgage Service Plays

Ocwen Financial and Walter Investment look undervalued.

Winter Flops, Summer Flips

Winter Flops, Summer Flips

A few months ago they were suffering from winter blues, now these stocks are looking sunny says Bill Gunderson of Gunderson Capital.

That Was the Week That Was

Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. I began the week by keeping a close eye on the economy and summarized that data have been disappointing. Wh...

Ocwen Soars on Acquisition Talk

It's reported to be buying another mortgage-service portfolio. "One last thing."  - Lt. Columbo Ocwen Financial's (OCN) shares gap to an all-time high after the close on the report of a large acquisition of another mortgage-service portfolio.

Out of Ocwen Complex

Just to be clear. Yesterday, I wrote that I only had a handful of longs left. So, to make it clear, I no longer hold Ocwen (OCN), Altisource Portfolio Solutions (ASPS) and Altisource Asset Management (AAMC), which I disclosed were down to tag ends o...

That Was the Week That Was

Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. Monday began with a song (or my version), "Mr. Market Keeps Singing a Happy Song," in which I summarized fu...

The Home Run Hunt

The Home Run Hunt

Monitise could be my next investment home run.

All Good at Ocwen

The company had positive things to say at a conference today. Ocwen (OCN) appeared at Barclays' conference and had the following comments: in the middle innings in terms of mortgage servicing growth; costs are coming down faster than anticipated; ca...

The Home Run Hunt

Monitise could be my next investment home run. "Clear the lines of lint in your head, one at a time, and the king will be left standing alone, like a guy on a street corner. Here, I'll make it easier for you." -- Bruce Pandolfini (Ben Kingsley), Sea...

Finding Big Winners Is Hard Work

If it were easy, then anyone could do it. So you all know I have been spending a lot of time over the last few months in an attempt to find the next Ocwen Financial (OCN), Altisource Portfolio Solutions (ASPS) and Altisource Asset Management (AAMC)....

More From Ira Sohn

Eisman likes Ocwen. Break in: Eisman likes Ocwen (OCN) at the Ira Sohn conference.

Early-Morning Market Look

Let's take a peek at overnight and early-morning markets. Solid: S&P futures +2; European markets +; euro +; crude -0.50; gold -8; and 10-Year U.S. note yields 1.77%. There was little in the way of economic news overnight, and the overall economic c...

From the Street of Dreams

Altisource Residential is initiated as Overweight at Piper Jaffray. Piper Jaffray initiates Altisource Residential (RESI) with an Overweight this morning -- part of the Ocwen (OCN) complex.

Doug Kass's Lucrative Longs

Doug Kass's Lucrative Longs

As Doug Kass prepares to travel to Omaha, we take an opportunity to highlight a trio of his successful long trades.

Selling Out

Price targets are being met all over the place. I am down to tag ends in Altisource Portfolio Solutions (ASPS), Altisource Asset Management (AAMC), Ocwen (OCN), Ford (F), General Motors (GM), Lincoln National (LNC), Prudential (PRU), MetLife (MET) a...

That Was the Week That Was

Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. On Monday, I started by discussing that it's important to consider your own time frames and risk profile/to...

Ocwen Complex Catches a Bid

Ocwen, Altisource Portfolio Solutions, and Altisource Asset Management have some wind in their sails. The Ocwen complex got a bid in the last few days.

The REIT Stuff, Austerity Relief and DOJ

Three D.C. stories that make you go 'whuh?' 

Mortgage Servicers Rally

All the mortgage servicers are rallying today after the FHFA extended the HARP program until the end of 2015.

That Was the Week That Was

Let's review. I have started a new end-of-week column that borrows from the title of a popular 1960s BBC comedy show hosted by David Frost for my look back at the week's daily diary highlights. I hope this relatively new column helps put the market ...

Early-Morning Market Look

Let's start the day out with a peek of overnight and morning market trends. Futures/markets are lower overnight -- it is inconceivable! S&P futures down 6; European markets down; euro down; crude down 0.5; gold down 4; and 10-year at 1.87%. Question...

Mortgage Wars

There will be some winners and some duds in the mortgage investment names. By Tim Collins Anyone ever watch "Storage Wars" or another one of those storage-long shows? If you haven't, then go watch one real quick. We'll wait. Simply put, that is my v...