Ocwen to acquire New Jersey residential mortgage company PHH Corporation – South Florida Business Journal

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MOUNT LAUREL, N.J.–(BUSINESS WIRE)–PHH Corporation (NYSE: PHH) announced that it has entered into a definitive agreement in which Ocwen Financial Corporation (NYSE: OCN) will acquire all of the Company’s outstanding shares of common stock in an all cash transaction valued at $360 million, or $11.00 per fully-diluted share, representing a premium of 24% over the closing price of PHH’s.

NEW YORK & WEST PALM BEACH, Fla.–(BUSINESS WIRE)–New Residential Investment Corp. (NYSE:NRZ, "New Residential") and Ocwen Financial Corporation (NYSE:OCN, "Ocwen") today announced the.

Newsletter | Access Capital Group Inc. NEW YORK and BOSTON, June 13, 2016 /PRNewswire/ — Today, Capital Advisors Group, Inc. announced the launch of the Capital. the new capital advisors group insured liquidity Accounts [SM] will have.

In the following interview, Andrew Feltus discusses the factors that affected the performance of Pioneer High Income Trust during the 12-month period. (MLP), appreciated in value when the company.

Ocwen Financial Corporation is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as "debt collectors, collecting monthly principal and interest from homeowners".Ocwen is headquartered in West Palm Beach, Florida, with additional offices in Addison, Texas, Orlando, Florida, Houston, Texas, Rancho Cordova.

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CAMDEN – A stockholder has filed a proposed class-action suit that seeks to block the pending sale of PHH Corp. in Mount Laurel. Edward Lei of California contends a $360 million cash deal with.

OCWEN CARES: Helping homeowners and communities is what we do. Ocwen Financial Corporation and its subsidiaries, PHH Mortgage and Liberty Home Equity Solutions, are committed to helping our customers save money, build equity and, most importantly, stay in their homes.

ATLANTA, Oct. 3, 2012 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE:OCN) and private equity firm WL Ross & Co. LLC entered into an agreement today whereby Ocwen will acquire Homeward Residential Holdings, Inc., including its various residential mortgage loan servicing and origination operating subsidiaries, for approximately $588 million in cash and $162 million in Ocwen convertible.