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Stock Market & Financial Investment News

News Breaks
February 12, 2014
08:00 EDTOCNOcwen Financial shares should be bought on weakness, says Oppenheimer
After The Financial Times reported that a number of MBS investors were considering taking legal action against Ocwen, Oppenheimer believes that the financial risk to Ocwen from such an event is limited. The firm keeps a $57 price target and Outperform rating on the shares.
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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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