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dDT

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dDT

Re: None

Thursday, 10/30/2014 7:49:47 AM

Thursday, October 30, 2014 7:49:47 AM

Post# of 53906
OCN
Ocwen takes a $100M charge over probe; -3.9%

Pretax loss of $75.3M or $0.58 per share vs. a profit of $60.6M and $0.39 one year ago as the company books a $100M pretax charge for a potential settlement with the New York Dept. of Financial Services. Yesterday, an analyst had floated the idea of a $40M settlement.
Q3 buybacks of 5.3M shares for $158.5M. Since quarter's end, another 1.99M shares have been bought back for $47M.
Conference call at 11 ET
OCN -3.9% premarket

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