Thursday, July 9, 2015

Best Clean Energy Companies To Own In Right Now

Best Clean Energy Companies To Own In Right Now: Ocwen Financial Corporation(OCN)

Ocwen Financial Corporation, through its subsidiaries, provides residential and commercial mortgage loan servicing, special servicing, and asset management services in the United States and internationally. The company provides loan servicing, including asset management and resolution services primarily to owners of subprime residential mortgages. It also invests in subprime residential loans held for resale; and is involved in subprime residual mortgage backed trading securities related to subprime loan origination operation and whole loan purchase and securitization activities, as well as engages in the management of residential assets. Ocwen Financial Corporation was founded in 1988 and is headquartered in Atlanta, Georgia.

Advisors' Opinion:
  • [By Jessica Alling]

    Long day for B of A
    Bank of America (NYSE: BAC  ) is leading the Dow lower this morning following some very disappointing news for its investors. A new investigation has unveiled some more deception tactics from the bank, but this time it's with its mortgage bond holders. The investigation alleges that B of A and Ocwen Financial (NYSE: OCN  ) as mortgage servicers misrepresented the status of homes to mortgage bond trustees, including Wells Fargo (NYSE: WFC  ) and Bank of New York Mellon (NYSE: BK  ) . While it was continuing to collect fees by stating the homes were still in the process of foreclosure, the homes had in fact been sold or paid off.

  • [By Ben Levisohn]

    Ocwen Financial(OCN) has gained has gained 1.6% to $57.70 after the company purchased its own shares from Wilbur Ross and amended its credit facility.

  • [By Amanda Alix]

    On the other hand, Bank of America (NYSE: BAC  ) showed little change from its poor performance of last year, and dedicated mortgage servicing companies like Nationstar Mortgage ! (NYSE: NSM  ) and Ocwen Loan Servicing (NYSE: OCN  ) remain on the bottom of the customer-satisfaction heap.

  • source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-clean-energy-companies-to-own-in-right-now-3.html

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