Altisource Residential Corp (NYSE:RESI) declined sharply on Wednesday. The fall was tied to comments from New York Superintendent Benjamin Lawsky regarding Ocwen Financial Corp. (NYSE: OCN) and potential conflict of interests with Altisource Residential, Altisource Portfolio Solutions S.A. (Nasdaq:ASPS), Altisource Asset Management Corporation (NYSE: AAMC), and Home Loan Servicing Solutions, Ltd. (Nasdaq: HLSS). Altisource Residential Corp (NYSE:RESI) stock opened at $28.96 in last session, and closed at $26.72, while the day range of stock is $25.28 – $ 28.96. The stock showed a negative weekly performance of -10.15%.
Corelogic Inc (NYSE:CLGX) announced its earnings results on Tuesday. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.13, Analyst RNreports. Corelogic Inc (NYSE:CLGX) stock opened at $32.83, in last session and closed at $32.44, by losing -5.42%. The 52 week range of the stock is $21.40 – $36.19. Company’s market capitalization is $3.04 billion.
Halcon Resources Corp (NYSE:HK) traded down 5.1% on Wednesday following a weaker than expected earnings announcement, Analyst Ratings.Net reports. Halcon Resources Corp (NYSE:HK) stock decreased -6.08% and finished the last session at $3.86. The EPS of the stock remained -2.13. Company’s market capitalization is $1.60 billion.
Ocwen Financial Corp (NYSE:OCN), the fourth largest servicer of mortgage loans in the US, is under investigation by Benjamin Lawsky, New York State’s superintendent of financial services for its relationships with related businesses. Ocwen Financial Corp (NYSE:OCN) stock opened the session at $39.81, and closed the session at $36.76. The 52 week range of the stock remained $33.54 -$60.18 and the day range was $36.00 – $40.60.
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