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Analysts think the company could be looking for an acquisition target.
June 17 -
The REIT will add $500 million in capital through a senior secured loan, and it received a $1.65 billion term facility.
June 16 -
The company could be seeking a cash infusion to handle market difficulties ahead, but representatives are keeping mum on the matter.
June 12 -
The company's planned two-week halt on originations turned into more than two months on hiatus because of coronavirus-related market disruptions.
June 4 -
The company's pricing of its secondary stock option partially alleviated worries about the need to obtain new funds and the risk of dilution for existing shareholders.
June 1 -
The funds will allow the company to make further investment in its machine language technology.
May 21 -
The lenders also are receiving warrants to purchase New Residential stock.
May 20 -
After ending 2019 on a high note, Ocwen Financial posted an income loss in the first quarter due to the unexpected costs and volatility created by COVID-19.
May 8 -
Three of the four had fewer new notices of delinquency for the quarter, but that should change going forward.
May 8 -
But it is still looking to conserve capital to cover future delinquencies and will likely halt dividends to the parent company.
May 6