Ocwen: 3Q Earnings Snapshot
WEST PALM BEACH, Fla. (AP) _ Ocwen Financial Corporation (OCN) on Tuesday reported a loss of $42.8 million in its third quarter.
On a per-share basis, the West Palm Beach, Florida-based company said it had a loss of 32 cents.
The mortgage servicer posted revenue of $283.5 million in the period.
The company’s shares closed at $1.75. A year ago, they were trading at $3.80.