The PIABA Foundation

Promoting Investor Education

(405) 310-2444
 (855) 410-2444

 

Login

Ocwen Paying Penalty for Misstated Financial Results

01/20/2016
The Securities and Exchange Commission today announced that Ocwen Financial Corp. has agreed to settle charges that it misstated financial results by using a flawed, undisclosed methodology to value complex mortgage assets.

FOR IMMEDIATE RELEASE
2016-13

Washington D.C. — The Securities and Exchange Commission today announced that Ocwen Financial Corp. has agreed to settle charges that it misstated financial results by using a flawed, undisclosed methodology to value complex mortgage assets.

read more