New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 27, 2014
07:42 EDTWFC, OCNOcwen Financial says working cooperatively with the NYDFS to address concerns
Ocwen (OCN) said "We are working cooperatively with the New York Department of Financial Services to address its concerns that led to an indefinite hold on our transaction with Wells Fargo (WFC). Longer-term we believe developments remain positive for our business, particularly in three areas. First, prepayments continue to trend lower, lengthening the duration of our assets. Secondly, Ocwen's continued ability to help homeowners with foreclosure alternatives along with an improving economy continues to drive down delinquencies on loans we service and further slows prepayments. Lastly, the OASIS financing that we just closed should enhance our prime origination business. Oasis enables us to reduce our exposure to prepayment risk and lower our cost of capital disadvantage vis--vis commercial banks."
News For OCN;WFC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 1, 2015
09:01 EDTWFCWells Fargo names John C. Adams as head of commercial banking
Subscribe for More Information
August 31, 2015
18:54 EDTWFCRadioShack creditors sue Standard General in effort to recoup losses, WSJ says
Subscribe for More Information
18:20 EDTWFCForever 21 seeks $150M loan, WSJ says
Subscribe for More Information
August 28, 2015
06:21 EDTWFCWells Fargo front-runner to purchase GE's railcar unit, Bloomberg reports
Subscribe for More Information
August 27, 2015
06:46 EDTWFCFed ups scrutiny of U.S. bank payment systems, WSJ reports
Subscribe for More Information
06:34 EDTWFCBanks, investors may suffer from margin calls, WSJ reports
Subscribe for More Information
August 26, 2015
10:00 EDTOCNOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
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.
August 25, 2015
11:12 EDTWFCNumerous analysts upgrade Bank of America amid market rebound
Subscribe for More Information
August 24, 2015
12:26 EDTWFCAvolon Capital acquires Airbus A321-200 aircraft on lease to Vueling Airlines
Subscribe for More Information
07:01 EDTWFCWells Fargo volatility at high end of range
Subscribe for More Information
August 20, 2015
05:48 EDTWFCStocks with implied volatility movement; WFC XLI
Stocks with implied volatility movement; Wells Fargo (WFC) 16, Industrial Select Sector SPDR (XLI) 18 according to iVolatility.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use