Servicing portfolio propels Ocwen to profitability in Q1

Apr 28, 2022 |

Nonbank mortgage lender and servicer Ocwen Financial Corporation reported a $58 million profit in the first quarter, according to preliminary quarterly results released Thursday. The company greatly bettered the $2 million loss in the fourth quarter of 2021 and increased its profits by a factor of six compared to the $8.5 million in net income […more]

Posted in: San Francisco

Comments are closed.