Ocwen Financial

Insider buying can be an encouraging signal for potential investors. Post-earnings sell-offs prompted some insiders to buy shares this past week. And a prominent fund manager added to his stake in one financial company. Conventional wisdom says that insiders and 10-percent owners only...

Fred Small of Compass Point Research believes Ocwen Financial Corp (NYSE: OCN)'s 54-percent plunge on Thursday created a buying opportunity. The analyst upgraded shares of Ocwen from Neutral to Buy but with a price target lowered from $5 to $3.50 for three main reasons. 1. 'Mispriced' Regulatory...

U.S. stocks were little changed yet again in Friday's action with no catalysts appearing to push stocks in any one direction. Retail sales rose more than expected in October, according to economic data released. A separate economic report showed import prices declining in September due to a...

U.S. stocks reversed early morning gains following a fatal shooting of a Canadian soldier in the nation's capital and a subsequent gunfight inside Canada's Parliament. Declining oil prices was also cited as a factor for the poor performance in equities on Wednesday following the release...

U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...

U.S. stocks picked up where they left off after Thursday's sharp sell-off as positive earnings reports yet again took a backstage to geo-political uncertainties. Not helping the bull cause was nonfarm payrolls, rising by 209,000, less than the 233,000 expected. The jobless rate also ticked...

U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...

Benjamin Lawsky, New York’s first Superintendent of Financial Services, is wading further into the muck that is Ocwen Financial Corporation's (NYSE: OCN) mortgage servicing practices. On Monday Lawsky sent Ocwen a letter demanding explanations for business practices that appear to be self-...

U.S. baby boomers have found themselves in a bit of a squeeze. Not enough savings to fund retirement, but a desire to slow down and either work less -- or not at all. The answer, for an increasing number of boomers, is a vehicle known as a reverse mortgage. This trend is predicated on the...

U.S. stocks rose after Federal Reserve boss Janet Yellen appeared in the hot-seat today speaking to the Committee on Financial Services and U.S. House of Representatives. Yellen said that it is too soon to determine the extent of which cold weather played a role in a recent batch of poor economic...

Here is a quick look at four financial stocks that have seen their share prices more than double in the past six months: Flagstar Bancorp (NYSE: FBC), Ocwen Financial (NYSE: OCN), Radian Group (NYSE: RDN) and Walter Investment Management (NYSE: WAC). Note that all four of them are mortgage-related...