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Stock Market & Financial Investment News

News Breaks
February 12, 2014
06:16 EDTOCNOcwen shares attractive at current levels, says Piper Jaffray
After the Financial Times reported yesterday that two large investors were considering legal action against Ocwen Financial, Piper Jaffray says it believes the company acts in the best interest of the securitization trust rather than the individual mortgage investor. Piper views Ocwen shares as attractive at current levels and keeps an Overweight rating on the stock with a $65 price target.
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August 20, 2014
06:46 EDTOCNSEC sought information on Ocwen Financial's ties to other firms, NY Times says
Ocwen Financial has received a subpoena from the SEC for documents relating to other companies with which it does business, the company reported in a regulatory filing earlier this week, according to The New York Times. The executive chairman of Ocwen, William Erbey, is chairman of some of these other companies, the newspaper stated. Reference Link
August 18, 2014
07:10 EDTOCNOcwen Financial discloses material weakness in internal control
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August 14, 2014
14:13 EDTOCNOmega Advisors gives quarterly update on stakes
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