OCWEN FINANCIAL CORPORATION (NYSE:OCN) Files An 8-K Results of Operations and Financial Condition
Item 2.02
|
Results of Operations and Financial Condition. |
On May 3, 2017, Ocwen Financial Corporation issued a press
release announcing its preliminary results for the first quarter
ended March 31, 2017. A copy of the press release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 2.02 and the information in the
related exhibit attached hereto shall not be deemed to be “filed”
for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the “Exchange Act”), or otherwise subject to
the liabilities of that Section, nor shall such information be
deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such
filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit | ||
| Number | Description | |
| Exhibit 99.1 |
Press Release of Ocwen Financial Corporation dated May 3, 2017, announcing preliminary financial results for the first quarter ended March 31, 2017 |
About OCWEN FINANCIAL CORPORATION (NYSE:OCN)
Ocwen Financial Corporation is a financial services holding company. The Company, through its subsidiaries, operates as a mortgage company. The Company’s segments include Servicing, Lending, and Corporate Items and Other. The Company’s Servicing segment consists of its core residential servicing business. The Company’s Lending segment is focused on originating and purchasing conventional and government-insured residential forward and reverse mortgage loans. The Company’s Corporate Items and Other segment includes business activities that include providing secured floor plan lending to used car dealerships through its Automotive Capital Services (ACS) venture and providing financing to investors to purchase single-family homes and apartments for lease through its Liberty Rental Finance venture. The Corporate Items and Other segment also includes the diversified fee-based businesses, which provide property valuation, real estate owned (REO) management, title and closing services. OCWEN FINANCIAL CORPORATION (NYSE:OCN) Recent Trading Information
OCWEN FINANCIAL CORPORATION (NYSE:OCN) closed its last trading session down -0.11 at 2.99 with 18,549,423 shares trading hands.
