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Enter Symbol:
 
Ocwen Financial Corporation (OCN) [hlAlert]

Rating:
Outperform
OCN
down 36.12 %

Ocwen Financial Corporation (OCN) rated Outperform with price target $15 by Northland Securities

Posted on: Monday,  Oct 26, 2009  8:25 AM ET by Northland Securities

Northland Securities rated Outperform Ocwen Financial Corporation (NYSE: OCN) on 10/26/2009, when the stock price was $11.21. Since
then, Ocwen Financial Corporation has lost 36.13% as of 12/11/2015's recent price of $7.16.
If you would have followed this Northland Securities's recommendation on OCN, you would have lost 36.12% of your investment in 2237 days.

Ocwen Financial Corporation (OCN) is an asset manager and business process solutions provider specializing in loan servicing, special servicing and mortgage services. The two lines of business for the Company are Ocwen Asset Management (OAM) and Ocwen Solutions (OS). The Company operates in six business segments: servicing, loans and residuals, asset management vehicles (AMV), mortgage services, financial services and technology products. In addition to the residential servicing business, OAM includes the equity investments in asset management vehicles and the remaining investments in the subprime loans and residual securities. In addition to the unsecured collection business, OS includes the residential-fee based loan processing businesses, the technology platforms and an interest in the BMS Holdings, Inc.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2009 8:25 AM Buy
None
11.21 15.00
as of 12/31/2009
1 Week up  6.78 %
1 Month up  9.76 %
3 Months down  -8.74 %
1 YTD down  -8.74 %

(*) Stock Price at the time of the recommendation.
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