Ocwen Plunges More Than 30% as Mortgage Servicer's Expenses Grow

Ocwen Plunges More Than 30% as Mortgage Servicer's Expenses Grow Bloomberg Ocwen Financial Corp. plunged in New York trading after the mortgage servicer reported higher-than-expected expenses while revamping its business following regulatory scrutiny. The stock tumbled 28 percent to $8.43, closing at the lowest level since ... and more »...(read more)

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