Ocwen Releases Q2 Operating Results

Florida-based Ocwen Financial Corporation, a financial services holding company which services and originates loans through its subsidies, released its operating results for Q2 2018. The numbers reflected a GAAP loss of $29.8 million, compared to a net loss of $44 million, a $14.7 million improvement, according to Ocwen’s statement. The company generated “revenue of $253.6 …

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Source: DS News

2018-07-26T19:40:28-06:00