Ocwen: 2Q Earnings Snapshot
WEST PALM BEACH, Fla. (AP) _ Ocwen Financial Corporation (OCN) on Tuesday reported a loss of $89.7 million in its second quarter.
The West Palm Beach, Florida-based company said it had a loss of 67 cents per share.
The mortgage servicer posted revenue of $274.3 million in the period.
The company’s shares closed at $1.64. A year ago, they were trading at $4.11.