NYSE: OCN       Ocwen Financial Corp
Last Price Today's Change   Day's Range   Trading Volume
27.77   +0.22 (0.80%)  25.895 - 27.88  19,510


Avg Volume (4 weeks):116,022
4 Weeks Range:22.25 - 29.69
4 Weeks Price Volatility (%):
52 Weeks Range:17.87 - 41.10
52 Weeks Price Volatility (%):
Average Price Target: 9.00
Price Target Upside/Downside: -18.77


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Business Background

Ocwen Financial Corp is a United States-based financial services company; its primary business lines are servicing and lending. The servicing business offers residential and commercial mortgage loan servicing, special servicing, and asset management services, with institutional clients consisting of Fannie Mae, Freddie Mac, Ginnie Mae, and non-Agency residential mortgage-backed securities trusts. The lending business is involved in originating and purchasing conventional and government-insured residential mortgage loans. The company has new business lines, including an automotive capital services business and the Liberty Rental Finance business. The company generates the majority of its total revenue from its servicing business, with the rest from its lending business and other.

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