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Ocwen: 2Q Earnings Snapshot

August 6, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCN at https://www.zacks.com/ap/OCN

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