Ocwen Financial is a financial services company that services and originates both forward and reverse mortgage loans, through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. Co. provides solutions through its primary operating, wholly-owned subsidiary, PHH Mortgage Corporation. Co. has the following segments: Servicing, in which Co.'s Servicing business is primarily comprised of its residential forward mortgage servicing business; and Originations, in which Co. originates and purchases residential mortgage loans that it sells to agencies or securitize on a servicing retained basis, thereby generating mortgage servicing rights. The OCN YTD return is shown above.
The YTD Return on the OCN YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether OCN YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the OCN YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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