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Real Estate & Property Law

: Housing Wire

Ocwen Posts $15.6 Million Q3 Profit

By PAUL JACKSON

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Despite the pressures pushing and pulling on any servicer these days, Ocwen Financial Corp. (OCN: 6.84 +4.75%) said Thursday that it made $15.6 million, or $.23/share, during the third quarter, more than 160 percent above year-ago’s $6.0 million, or $.09/share, in reported net income. The West Palm Beach, Fla.-based company maintains a large non-prime servicing [...]

Full post as published by Housing Wire on November 06, 2008 (boomark / email).

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