Ocwen falls back into the red in Q4, but results are much better than last year

Ocwen Financial surprisingly returned to profitability in the third quarter of 2016, breaking a four-quarter streak of losses, but the company’s time in the black appears to be short-lived. The nonbank reported Wednesday that it posted a net loss for the fourth quarter of 2016, but the loss is far smaller than the company reported during the same time period last year. http://www.housingwire.com/articles/39296-ocwen-falls-back-into-the-red-in-q4-but-results-are-much-better-than-last-year ❤️ #share #mortgage