<p>Net income of $21 million and diluted EPS of $2.65; return on equity of 19% Adjusted pre-tax income of $35 million, resulting in adjusted pre-tax return on equity of 31% Executed several transactions to facilitate corporate debt refinancing, resulting in a debt-to-equity ratio of 2.9x as of</p>
WEST PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, November 5, 2024 at 8:30 a.m.
Net income of $11 million and diluted earnings per share of $1.33; annualized return on equity of 10% Adjusted pre-tax income of $32 million, driven by servicing segment 28% annualized adjusted pre-tax return on equity $19 billion in total servicing additions ($12 billion in subservicing additions)
WEST PALM BEACH, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 1, 2024 at 8:30 a.m.
Net income of $30 million and diluted earnings per share of $3.74; annualized return on equity of 29% Adjusted pre-tax income of $14 million, driven by servicing segment; achieved 13.8% annualized adjusted pre-tax return on equity Repurchased $47 million in PHH senior secured notes below par $23
WEST PALM BEACH, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, May 2, 2024 at 8:30 a.m.
Net loss of $64 million for 2023, driven by $89 million reduction in unrealized MSR value change due to rates and assumptions, net of hedge Adjusted pre-tax income of $49 million for 2023, driven by strong servicing performance Achieved GAAP operating expense reduction over $120 million, or 23%,
WEST PALM BEACH, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, February 27, 2024 at 8:30 a.m.
Net income of $8 million and earnings per share of $1.10; annualized return on equity of 8% Adjusted pre-tax income of $10 million, driven by servicing segment; achieved 9% annualized adjusted pre-tax return on equity Total servicing UPB of $296 billion and total subservicing UPB of $167 billion,
WEST PALM BEACH, Fla., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, November 7, 2023 at 8:30 a.m.
"My family and I would like to extend our deepest gratitude. Thank you for expeditiously coming to
a favorable agreement regarding our new home on Galaxy. We sincerely appreciate that you took the
time to personally work with Jim, our realtor...this is the best Christmas gift we could have
received!"
- Heather D.
Chandler, AZ
