Ocwen Financial is a financial services holding company that services and originates mortgage loans, through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. Co. provides solutions through its primary operating, wholly-owned subsidiary, PHH Mortgage Corporation. Servicing and Originations are Co.'s primary segments. Co.'s Servicing business is primarily comprised of its residential forward mortgage servicing business. In Co.'s Originations business, it originates and purchase residential mortgage loans that it sells to Agencies or securitize on a servicing retained basis, thereby generating a mortgage servicing rights. The OCN stock yearly return is shown above.
The yearly return on the OCN stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the OCN annual return calculation with any dividends reinvested as applicable (on ex-dates).
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