Home >> Tag Archives: Standard & Poor’s CreditWatch

Tag Archives: Standard & Poor’s CreditWatch

S&P Downgrades Ocwen’s Rankings to ‘Below Average’

Just two weeks after being upgraded by Moody's Investor Service and being placed Standard & Poor's CreditWatch list for a downgrade, S&P cut Ocwen Financial's rankings for residential mortgage prime, subprime, special, and subordinate-lien from Average to Below Average. S&P said that it believed "regulatory and investor scrutiny and/or actions" had affected Ocwen's operations.

Read More »