Ocwen troubles aren’t over yet

When Ocwen Financial does finally report its yearly financial data, there will be several more negative items in the ledger, and the company is attempting to be preemptively alleviate investor concerns by getting out in front of the news. In a press release Monday, the company said that it is expecting its fourth quarter and year-end results to be affected by a $370-$420 million non-cash charge to write-off goodwill.

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