Housing Wire-
As the company itself predicted just last month, Ocwen Financial (OCN) is now in a position to record a loss in 2015, after the nonbank reported Wednesday that it generated a net loss of $66.8 million in the third quarter or $0.53 per share.
The company generated revenue of $405 million, down 21% compared to the third quarter of 2014.
According to a note from Briefing.com, Ocwen’s third quarter results were worse than the Capital IQ Consensus, which had Ocwen posting a loss of $0.22 per share.
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OCWAEN SERVICING CROOKS SHOULD ALL BE IN JAIL THEY THIS
OCWAEN SERVICING ARE CROOKS AND SHOULD BE ALL IN JAIL
THEY DESERVE TO NOT ALSO LOSE MONEY BUT ALL NEED TO
END UP IN JAIL