Ocwen Financial Corp.

Piper Jaffray is reiterating its Overweight rating on Altisource Portfolio Solutions (NASDAQ: ASPS) following new that Ocwen Financial (NYSE: OCN) is one of two bidders on the Goldman Sachs mortgage servicing portfolio, Litton Loan. Says Piper Jaffray, in its report, “We believe the Litton...

Piper Jaffray is reiterating its Overweight rating on Ocwen Financial Corp. (NYSE: OCN) following recent travel with management. “OCN has a number of value-creating initiatives (servicing rights acquisitions, FHA flow servicing, FNM/FRE servicing) on the horizon that could significantly boost...