Phyllis Caldwell - Ocwen Financial Independent Chairman of the Board

OCNDelisted Stock  USD 34.94  0.82  2.40%   

Chairman

Ms. Phyllis R. Caldwell is an Independent Chairman of the Board of Ocwen Financial Corporationrationration. Ms. Caldwell has served as Chair of the Board of Directors since March 2016. Ms. Caldwell has served as a director of Ocwen since January 2015. Ms. Caldwell is founder and managing member of Wroxton Civic Ventures LLC, which provides advisory services on various financial, housing and economic development matters, a position she has held since January 2012. Previously, Ms. Caldwell was Chief Homeownership Preservation Officer at the U.S. Department of the Treasury, responsible for oversight of the U.S. housing market stabilization, economic recovery and foreclosure prevention initiatives established through the Troubled Asset Relief Program, from November 2009 to December 2011. From December 2007 to November 2009, Ms. Caldwell was the President and Chief Executive Officer of the Washington Area Women Foundation. Prior to such time, Ms. Caldwell held various leadership roles in commercial real estate finance during her eleven years at Bank of America until her retirement from Bank of America in 2007, serving most recently as President of Community Development Banking. Since January 2014, Ms. Caldwell has served as an independent director of City First Bank of DC. Since October 2018, Ms. Caldwell has also served as a member of the board of directors of MicroVest Holdings, Inc. From January 2014 through September 2018, Ms. Caldwell served as an independent director of American Capital Senior Floating, Ltd., a publicly traded business development company. Ms. Caldwell has also served on the boards of numerous nonprofit organizations engaged in housing and community development finance since 2016.
Age 61
Tenure 8 years
Professional MarksMBA
Phone561 682 8000
Webhttps://www.ocwen.com
Caldwell received her MBA from the Robert H. Smith School of Business at the University of Maryland, College Park and holds a Bachelor of Arts in Sociology, also from the University of Maryland.

Ocwen Financial Management Efficiency

The company has Return on Asset of 0.0312 % which means that on every $100 spent on assets, it made $0.0312 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0156 %, implying that it generated $0.0156 on every 100 dollars invested. Ocwen Financial's management efficiency ratios could be used to measure how well Ocwen Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Ocwen Financial has 11.43 B in debt. Ocwen Financial has a current ratio of 1.3, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ocwen to invest in growth at high rates of return.

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Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company was founded in 1988 and is headquartered in West Palm Beach, Florida. Ocwen Financial operates under Mortgage Finance classification in the United States and is traded on New York Stock Exchange. It employs 5600 people. Ocwen Financial (OCN) is traded on New York Stock Exchange in USA and employs 4,400 people.

Management Performance

Ocwen Financial Leadership Team

Elected by the shareholders, the Ocwen Financial's board of directors comprises two types of representatives: Ocwen Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ocwen. The board's role is to monitor Ocwen Financial's management team and ensure that shareholders' interests are well served. Ocwen Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ocwen Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sean ONeil, Executive CFO
George Henley, Executive Vice President Chief Growth Officer
June Campbell, Chief Financial Officer, Executive Vice President
Jenna Evans, Chief VP
John Britti, Executive Vice President, Chief Investment Officer
Jenne Britell, Independent Director
Dennis Zeleny, Executive Vice President Chief Administrative Officer
Jacques Busquet, Independent Director
Francois Grunenwald, Senior Vice President Chief Accounting Officer
Joseph Long, Executive Vice President Capital Markets
Stephen Swett, Investors Contact
Alan Bowers, Independent Director
Michael Short, Vice Relations
DeForest Soaries, Independent Director
Phyllis Caldwell, Independent Chairman of the Board
Timothy Yanoti, Executive Vice President Chief Growth Officer
Aaron Wade, Executive Officer
Andy Peach, Senior Leader
Albert Celini, Senior Vice President Chief Compliance Officer, Chief Risk Officer
Glen Messina, President, Chief Executive Officer, Director
Joseph Samarias, Executive Vice President, General Counsel, Company Secretary
Kevin Stein, Independent Director
Scott Anderson, Executive Vice President and Chief Servicing Officer
Arthur Walker, Senior Vice President - Global Tax

Ocwen Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ocwen Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ocwen Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ocwen Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ocwen Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Ocwen Stock

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The ability to find closely correlated positions to Ocwen Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ocwen Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ocwen Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ocwen Financial to buy it.
The correlation of Ocwen Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ocwen Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ocwen Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ocwen Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Consideration for investing in Ocwen Stock

If you are still planning to invest in Ocwen Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ocwen Financial's history and understand the potential risks before investing.
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