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Real Estate & Property Law

: Housing Wire

Ocwen Swings Into Loss in Q4

By DIANA GOLOBAY

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Ocwen Financial Corp. (OCN: 9.34 +1.08%) said Thursday that it lost a net $3.7 million — or 6 cents per share — in the fourth quarter 2008, after posting a $15.6 million profit in the third quarter. The loss — still below the same-quarter 2007 loss of $6.9 million- — was driven by “fair value [...]

Full post as published by Housing Wire on March 13, 2009 (boomark / email).

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