Top Stocks To Invest In

Top Stocks To Invest In: Ocwen Financial Corporation(OCN)

Ocwen Financial Corporation, through its subsidiaries, provides residential and commercial mortgage loan servicing, special servicing, and asset management services in the United States and internationally. The company provides loan servicing, including asset management and resolution services primarily to owners of subprime residential mortgages. It also invests in subprime residential loans held for resale; and is involved in subprime residual mortgage backed trading securities related to subprime loan origination operation and whole loan purchase and securitization activities, as well as engages in the management of residential assets. Ocwen Financial Corporation was founded in 1988 and is headquartered in Atlanta, Georgia.

Advisors' Opinion:

• [By Amanda Alix]

  An immensely profitable enterprise
  With a line-up of willing sellers -- and free of the capital constraints of banks -- mortgage servicers like Nationstar Mortgage (NYSE: NSM  ) , Ocwen Financial (NYSE: OCN  ) , and Walter Investment (NYSE: WAC  ) have seen their stars rise quickly, experiencing stock price surges of at least 100% over the past year.

• [By Eric Volkman]

  HLSS said it plans to use its share of the proceeds of the issue to purchase the mortgage servicing assets of Ocwen's (NYSE: OCN  ) loan servicing arm, plus expenses related to the transaction.

• [By Ben Levisohn]

  Ocwen Financial(OCN) has gained has gained 1.6% to $57.70 after the company purchased its own shares from Wilbur Ross and amended its credit facility.

• [By Amanda Alix]

  Bank of America involved, again
  Reuters reports that fraud fighter Lisa Epstein discovered that mortgage servicers have been feeding mortgage bond investors incorrect information concerning the mortgages that lie within the MBSes they hold. Servicers such as Bank of America and O! cwen Financial (NYSE: OCN  ) , for example, have supplied information to bond trustees Wells Fargo (NYSE: WFC  ) and Bank of New York Mellon (NYSE: BK  ) indicating that homes that have long since been sold or paid off are still in foreclosure.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-stocks-to-invest-in-5.html