Ocwen Financial (OCN) Stock Analysis
NYSEFinancial ServicesFinancial - Mortgages
What Ocwen Financial does
Ocwen Financial Corporation functions as a financial services firm, specializing in the creation and administration of mortgage loans. Its operations span the United States, the U.S. Virgin Islands, India, and the Philippines. The company's business structure is divided into two primary segments: Servicing and Originations. Within its Servicing division, Ocwen provides a comprehensive array of services, including commercial mortgage servicing, specialized servicing, and asset management. For residential mortgages, this encompasses various loan types such as forward, reverse, conventional, government-insured, and non-agency loans, primarily assisting holders of mortgage loans and foreclosed properties. The Originations segment is responsible for generating and acquiring conventional and government-insured residential mortgages, both traditional and reverse. These activities are conducted through correspondent lending alliances, broker networks, and direct retail channels. Established in 1988 and based in West Palm Beach, Florida, Ocwen Financial Corporation largely conducts its business under the PHH Mortgage and Liberty Reverse Mortgage brands.
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Analyze OCN in PortView →Frequently asked questions
- What is the ticker symbol for Ocwen Financial?
- Ocwen Financial trades under the ticker OCN on NYSE.
- Which exchange is OCN listed on?
- OCN is listed on NYSE.
- What sector does Ocwen Financial operate in?
- Ocwen Financial is classified in the Financial Services sector (Financial - Mortgages industry).
- How can PortView help analyze OCN in a portfolio?
- PortView shows OCN's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.
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