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Stock Market & Financial Investment News

News Breaks
November 1, 2012
09:21 EDTGNW, OCNOcwen in deal to acquire Genworth Financial Home Equity Access for $22M
Ocwen Financial (OCN) announced that on October 26 the company and Genworth Financial (GNW) entered into an agreement whereby Ocwen will acquire Genworth Financial Home Equity Access for approximately $22M in cash. The company, which will be renamed Liberty Home Equity Solutions, is the number one reverse mortgage lender, according to the latest monthly data, with strong positions in both retail and wholesale originations, Ocwen said. The acquisition is expected to close in the first quarter of 2013.
News For OCN;GNW From The Last 14 Days
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February 27, 2015
08:01 EDTOCNWells Fargo fires Ocwen as bond overseer, hires Credit Suisse, Bloomberg says
Wells Fargo (WFC) has issued notices to Ocwen (OCN) terminating it as overseer of debt backing for two bond deals, reports Bloomberg, citing letters sent from Wells Fargo to bondholders. Wells Fargo stated in notices sent to bondholders that a majority of investors felt the move was correct. Wells Fargo plans to transfer responsibility to Credit Suisse (CS). Reference Link
07:48 EDTOCNOcwen downgraded to Sell from Neutral at Compass Point
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February 26, 2015
07:30 EDTGNWHouse Financial Services Committee to hold a hearing
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February 23, 2015
11:43 EDTOCNOcwen volatile after MSR sale, New Residential deal for Home Loan Servicing
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11:24 EDTOCNOcwen resumes trading, shares now up 17c to $9.77
11:22 EDTOCNOcwen halted for volatility after bounce off lows
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09:25 EDTOCNOn The Fly: Pre-market Movers
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08:06 EDTOCNOcwen up 6.8% following sale of mortgage servicing rights to Nationstar
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07:47 EDTOCNOcwen to sell $9.8B portfolio of mortgage servicing rights to Nationstar
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February 18, 2015
10:32 EDTGNWOptions with decreasing implied volatility
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09:16 EDTOCNOcwen comments on Home Loan Servicing agreement with HSART Trust
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February 17, 2015
10:51 EDTGNWOptions with decreasing implied volatility
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