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Ocwen Financial Corp (OCN)

Ocwen Financial Corp (OCN)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator, servicing customers through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. The Company's core competencies revolve around mortgage servicing, which is primarily comprised of residential forward mortgages and includes clients that are some of the largest financial institutions in the U.S., and a multi-channel mortgage originations platform that replenishes and grows its servicing portfolio.
(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Sales 239,100 277,400 255,500 272,000 261,800
Sales Growth -13.81% +8.57% -6.07% +3.90% +4.53%
Net Income 30,100 -47,400 8,500 15,400 -40,200
Net Income Growth +163.50% -657.65% -44.81% +138.31% +49.55%
(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Total Assets 13,090,100 12,513,700 13,011,700 13,216,000 12,627,000
Total Assets Growth +4.61% -3.83% -1.55% +4.66% +1.84%
Total Liabilities 12,658,000 12,111,900 12,566,600 12,782,200 12,210,700
Total Liabilities Growth +4.51% -3.62% -1.69% +4.68% +2.25%
(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Operating Cash Flow -297,100 10,400 -271,400 -648,700 -207,400
Operating Cash Flow Growth -2,956.73% +103.83% +58.16% -212.78% -219.75%
Net Cash Flow -3,900 -19,100 -8,300 58,300 -18,300
Change in Net Cash Flow +79.58% -130.12% -114.24% +418.58% -271.03%
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