Ocwen Under $3 Per Share As 43 Hedge Funds Pull Entire Stake

Ocwen Below $3 Per Share And Vows Cutting Expenses ... Including With Altisource

Ocwen Financial, a predominate purveyor of work to Altisource within the Mortgage Field Services Industry, is below three dollars a share today. As has happened each and every time Ocwen is in trouble, Foreclosurepedia is predicting an enormous uptick in chargebacks and lack of pay upon Altisource work orders. In fact, Altisource, a National Association of Mortgage Field Services (NAMFS) member, failed to pay Minority Females and Labor for weeks, recently, blaming the problem on a software issue. And software problems are precisely what forced Ocwen to . . .

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