NEW YORK, November 28, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on ALLY, OCN, SC, and WAC which is a click away at http://www.wallstequities.com/registration. WallStEquities.com revisits the Mortgage Investment industry, which is focused primarily on investing in mortgaged-backed securities and other real estate activities. Four companies have been lined up for review this morning, and they are: Ally Financial Inc. (NYSE: ALLY), Ocwen Financial Corp. (NYSE: OCN), Santander Consumer USA Holdings Inc. (NYSE: SC), and Walter Investment Management Corp. (NYSE: WAC). Wall St. Equities has a wide array of free research reports which include today's stock picks, register now to access them at:http://www.wallstequities.com/registration
On Monday, shares in Detroit, Michigan headquartered Ally Financial Inc. recorded a trading volume of 1.79 million shares. The stock ended at $26.23, declining 1.09% from the last trading session. The Company's shares have gained 0.81% in the last one month, 18.15% over the previous three months, and 37.91% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.06% and 19.23%, respectively. Furthermore, 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 a Relative Strength Index (RSI) of 56.54.
On November 22nd, 2017, Ally Financial announced that CEO Jeffrey Brown will present at the Goldman Sachs US Financial Services Conference on December 05th, 2017, at approximately 9:00 a.m. ET. A live audio webcast will be available under the Investor Relations page of the Company's website. Follow the link below to your free research report on ALLY at:http://www.wallstequities.com/registration/?symbol=ALLY
West Palm Beach, Florida headquartered Ocwen Financial Corp.'s stock finished yesterday's session 1.27% lower at $3.11 with a total trading volume of 836,694 shares. The Company's shares have gained 8.74% over the previous three months. The stock is trading below its 50-day moving average by 8.69%. Furthermore, shares of Ocwen Financial, which engages in the servicing and origination of mortgage loans in the US, have an RSI of 38.32.
On November 02nd, 2017, Ocwen Financial announced its results for the three months ended September 30th, 2017. GAAP net loss for Q3 2017 was $(6.1) million, revenue was $284.6 million, and cash flows from operating activities were $120.5 million. The Servicing segment recorded $5.7 million of pre-tax income, and the Lending segment recorded $(7.6) million of pre-tax loss for the quarter. The free technical report on OCN can be accessed at: http://www.wallstequities.com/registration/?symbol=OCN
Santander Consumer USA Holdings
At the close of trading on Monday, shares in Dallas, Texas headquartered Santander Consumer USA Holdings Inc. saw a slight correction of 0.71%, ending the day at $16.73. The stock recorded a trading volume of 789,583 shares. The Company's shares have advanced 8.64% in the last one month, 20.10% in the previous three months, and 23.93% since the start of this year. The stock is trading 6.55% and 22.10% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Santander Consumer USA, which provides vehicle finance and third-party servicing in the US, have an RSI of 58.26. Sign up for free on Wall St. Equities and claim the latest report on SC at:http://www.wallstequities.com/registration/?symbol=SC
Walter Investment Management
Tampa, Florida-based Walter Investment Management Corp.'s shares ended the day 10.34% higher at $0.35 with a total trading volume of 477,802 shares. The stock is trading 28.51% below its 50-day moving average. Shares of the Company, 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 37.09.
On November 09th, 2017, Walter Investment Management announced its results for the quarter ended September 30th, 2017. GAAP net loss for Q3 2017 was $124.1 million, adjusted loss was $31.5 million, and adjusted EBITDA was $44.7 million. Total revenue for the quarter was $176.6 million and total expenses were $303.1 million. See the free research coverage on WAC at:http://www.wallstequities.com/registration/?symbol=WAC
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected] . Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities