Ocwen Financial (STU:OW0A) Construction In Progress : €0 Mil (As of Mar. 2024)

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What is Ocwen Financial Construction In Progress?

Ocwen Financial Construction In Progress Historical Data

The historical data trend for Ocwen Financial's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ocwen Financial Construction In Progress Chart

Ocwen Financial Annual Data

Trend

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Construction In Progress

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Ocwen Financial Quarterly Data
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Construction In Progress	Get a 7-Day Free Trial															-	-	-	-	-

Ocwen Financial Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Ocwen Financial (STU:OW0A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ocwen Financial Corp (STU:OW0A) » Definitions » Construction In Progress

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OCN:USA

Address

1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409

Website

https://www.ocwen.com

Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.

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