07.06.2017 12:35:00

Mortgage Investment Stock Performance Review -- Ocwen Financial, Ally Financial, Santander Consumer, and Walter Investment Management

NEW YORK, June 7, 2017 /PRNewswire/ --

For today, DailyStockTracker.com takes a closer look at Ocwen Financial Corp. (NYSE: OCN), Ally Financial Inc. (NYSE: ALLY), Santander Consumer USA Holdings Inc. (NYSE: SC), and Walter Investment Management Corp. (NYSE: WAC). Companies in the Mortgage Investment industry focus primarily on investing in mortgaged-backed securities and other real estate activities. These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:

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Ocwen Financial 

West Palm Beach, Florida headquartered Ocwen Financial Corp.'s stock finished Tuesday's session 1.15% lower at $2.57. A total volume of 1.17 million shares was traded. Over the last month, the Company's shares have advanced 3.21%. The stock is trading below its 50-day moving average by 27.91%. Moreover, shares of Ocwen Financial, which engages in the servicing and origination of mortgage loans in the US, have a Relative Strength Index (RSI) of 36.76.

On May 16th, 2017, Ocwen Financial announced that, on May 15th, 2017, it has filed Amendment No. 1 to its Annual Report on Form 10-K for the year ended December 31st, 2016, to restate its previously issued consolidated financial statements for the year ended December 31st, 2016. The Company also filed its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31st, 2017 on that same day. Your complete research report on OCN can be retrieved for free at:

http://dailystocktracker.com/registration/?symbol=OCN

Ally Financial 

Shares in Detroit, Michigan headquartered Ally Financial Inc. rose 0.69%, ending yesterday's session at $19.03 with a total trading volume of 2.77 million shares. The stock has gained 0.05% on an YTD basis. The Company's shares are trading 2.31% below their 50-day moving average. Moreover, shares of Ally Financial, which provides a range of financial products and services for consumers, businesses, automotive dealers, and corporate clients in the US, have an RSI of 49.19.

On May 30th, 2017, Ally Financial announced that its banking subsidiary, Ally Bank, scored dual wins for "Best Internet Bank" and "Best for Millennials" on Kiplinger's Personal Finance magazine's "Best Banks" list, underscoring the Company's continued focus on delivering top-notch digital products and services to its customers. The Bank's combination of no-monthly maintenance fees and no-minimum balance requirement placed it at the top of Kiplinger's list of Best Internet Banks for 2017. A free report on ALLY is just a click away at:

http://dailystocktracker.com/registration/?symbol=ALLY

Santander Consumer USA 

On Tuesday, Dallas, Texas headquartered Santander Consumer USA Holdings Inc.'s stock climbed 2.10%, to close the day at $11.68. A total volume of 1.69 million shares was traded. The Company's shares are trading 5.56% below their 50-day moving average. Additionally, shares of Santander Consumer, which provides vehicle finance and third-party servicing in the US, have an RSI of 45.51. Sign up for your complimentary research report on SC at:

http://dailystocktracker.com/registration/?symbol=SC

Walter Investment Management 

Shares in Tampa, Florida-based Walter Investment Management Corp. ended the day 3.57% lower at $1.08. A total volume of 794,655 shares was traded. The stock is trading below its 50-day moving average by 10.05%. Furthermore, shares of Walter Investment Management, which operates as an independent servicer and originator of mortgage loans, and a servicer of reverse mortgage loans in the US, have an RSI of 42.49.  

On May 10th, 2017, research firm Wells Fargo upgraded the Company's stock rating from 'Underperform' to 'Market Perform'.

On May 10th, 2017, the Company announced Q1 2017 financial results. GAAP net income for the quarter ended March 31st, 2017 was $1.9 million, total revenue was $245.3 million, and total expenses were $313.7 million. Pre-tax income for Q1 2017 included a $67.7 million gain on the sale of the principal insurance agency and substantially all of the insurance agency business, which was completed on February 01st, 2017. Register for free on DailyStockTracker.com and download the latest research report on WAC at:

http://dailystocktracker.com/registration/?symbol=WAC

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