During Ocwen’s investor call, CEO Ron Faris was asked about the company’s disclosure in its fourth-quarter earnings that it set aside $12.5 million for “potential” regulatory settlements. Faris responded by directing observers to the disclosures in the company’s upcoming 10-K filing with the SEC. Well, Ocwen filed its 10-K on Thursday, and as it turns out, that $12.5 million is for a potential settlement with the CFPB.
from Byrd Mix http://ift.tt/2mcTxW1 via byrd memphis developer
from Tumblr http://ift.tt/2kSM5PP
No comments:
Post a Comment