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Ocwen posts net income of $75.8M in 1Q2014 despite regulator woes

May 01, 2014By

Despite regulator woes, Ocwen Financial Services reported net income of $75.8 million on revenue of $551.3 million, up 36% from the first quarter of 2013. This was well below analyst expectations and the stock is already taking a hit.

3d rendering of a row of luxury townhouses along a street

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