Ocwen Financial Corporation, an Atlanta-based financial services holding company, reported a net loss of $128.5 million for 2017, and a pre-tax loss of $45.3 million in Q4 alone. This comes the day after the announcement that Ocwen was purchasing PHH ...
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Fannie Posts Q4 Losses, but Remains Optimistic
On Wednesday, Fannie Mae released its Q4 2017 financial statement, and as expected, the GSE posted major losses for the quarter. It also posted an annual revenue in 2017 that was nearly $10 billion down from 2016. By the end ...
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