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Stock Market & Financial Investment News

News Breaks
February 12, 2013
16:36 EDTOCN, ASPSAltisource Solutions enters letters of intent to buy some Ocwen units
Altisource Portfolio (ASPS) said it has entered into non-binding letters of intent with Ocwen Financial (OCN) to acquire certain fee-based businesses related to Ocwen's recently acquired Homeward Residential Holdings mortgage servicing and origination business platform and Ocwen's anticipated purchase of the mortgage servicing platform from Residential Capital for a combined purchase price of $218.6M. In connection with the proposed transactions, Altisource and Ocwen will execute a five-year extension until 2025 of certain existing services agreements.
News For ASPS;OCN From The Last 14 Days
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August 26, 2015
10:00 EDTOCNOn The Fly: Analyst Upgrade Summary
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08:26 EDTOCNOcwen upgraded to Neutral from Sell at Compass Point
Compass Point upgraded Ocwen to Neutral with a $6 price target citing the pullback in shares.

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