Tag: NYSE:ALLY

  • Mortgage Investment: Ally Financial (NYSE:ALLY), CYS Investments (NYSE:CYS), Ocwen Financial Corp (NYSE:OCN), Home Loan Servicing Solutions (NASDAQ:HLSS)

    April 17, 2014, Ally Financial Inc (NYSE:ALLY) has declared quarterly dividend payments for certain outstanding preferred stock. Each of these dividends were declared by the board of directors on April 17, 2014, and are payable on May 15, 2014. Shares of Ally Financial Inc (NYSE:ALLY) closed at $23.98 in last trading session.

    CYS Investments (NYSE:CYS) posted its quarterly earnings results on Monday. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.33 by $0.02, Stock Ratings News reports. The company had revenue of $80.20 million for the quarter, compared to the consensus estimate of $91.55 million. During the same quarter last year, the company posted $0.32 earnings per share. CYS Investments’s revenue was down 12.5% compared to the same quarter last year. CYS Investments Inc (NYSE:CYS) stock traded in the range of $8.63 – $8.82 and at the end of the day, it closed at $8.63.

    New York’s banking regulator is probing Ocwen Financial Corp (NYSE:OCN), which collects mortgage payments, for possibly over-charging borrowers and investors to auction off foreclosed properties. Ocwen Financial Corp (NYSE:OCN) after opening at $38.18, moved up 1.39% to $38.59 on last trading day.

    April 17, 2014, Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) reported net income of $43.7 million, or $0.61 per ordinary share, for the first quarter of 2014. Additionally, the Company’s Board of Directors today declared monthly dividends of $0.16 per ordinary share for April, May and June 2014. Earned a record $43.7 million, or $0.61 per ordinary share. Earnings include a $0.06 per ordinary share benefit as a result of the lower annualized prepayment speed of 9.9 percent this quarter relative to the 12.4 percent annualized prepayment speed in the fourth quarter of 2013. Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) stock hit highest price at $22.28, beginning with a price of $22.09 and increased 1.05% to the close at $22.22.