Ocwen Financial (OCN) Denies that There is Any Basis for a Default Under the Trust Agreements

Shares of Mortgage servicer Ocwen Financial Corporation (NYSE:OCN) are up almost 31% to $8.21 in pre-market trading Monday, after the company today sent the following letter to Gibbs & Bruns LLP in response to its letter dated Friday, January 23, 2015: January 26, 2015 VIA EMAIL AND FEDERAL EXPRESS Kathy Patrick, Esq. Gibbs & Bruns […] View the full post at: Ocwen Financial (OCN) Denies that There is Any Basis for a Default Under the Trust Agreements Related posts: Freddie Ramps Up Mortgage Servicer Incentives One in Five U.S. Hotel May Default on Their Loans by the End of 2010 Credit Default Swaps: How to Lose On a Sure-Fire Bet