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» Ocwen Finally Earns a Profit; Stock Soars; Questions Remain
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Ocwen Finally Earns a Profit; Stock Soars; Questions Remain
October 27, 2016
Paul Muolo
and
Brandon Ivey
Ocwen funded $1.2 billion in “forward” mortgages and an additional $213 million of reverse loans. In 2Q16 it funded $1.32 billion.
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