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Ocwen boasts net income of $75.8M in 1Q2014 despite regulator woes

Despite regulator woes, Ocwen Financial Services reported net income of $ 75.8 million on revenue of $ 551.3 million, up 36% from the first quarter of 2013. Income from operations grew by 24% to $ 202.1 million for the first quarter of 2014 as compared to $ 163.6 million for the first quarter of 2013. Ocwen boasts net income of $75.8M in 1Q2014 despite regulator woes
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