Ocwen Financial (US:OCN)2026-02-12 11:45Financial Projections - Estimated net income attributable to common stockholders for Q4 2025 is projected to be between $107 million and $131 million, while the full-year 2025 estimate ranges from $166 million to $190 million[5]. - Diluted earnings per share for Q4 2025 is expected to be between $12.2 and $15.0, with the full-year 2025 estimate ranging from $19.3 to $22.1[5]. - Adjusted pre-tax income (non-GAAP) for Q4 2025 is estimated to be between $7 million and $11 million, and for the full year 2025, it is projected to be between $80 million and $84 million[5]. Volume Metrics - Total origination funded volume (UPB) for Q4 2025 is approximately $14 billion, while the full-year 2025 total is around $43 billion[5]. - Consumer Direct funded volume (UPB) for Q4 2025 is estimated at approximately $800 million, with a full-year estimate of about $1.9 billion[5]. - Total servicing average UPB is projected to be around $323 billion for Q4 2025 and approximately $312 billion for the full year 2025[5]. Return and Liquidity - Adjusted return on equity (non-GAAP, annualized) is expected to be between 5% and 8% for Q4 2025, and between 16% and 17% for the full year 2025[8]. - Total available liquidity at the end of the period is estimated to be $205 million[5]. Debt Management - The debt to equity ratio (including MSR and corporate debt) is projected to be between 2.7:1 and 2.6:1 for both Q4 2025 and the full year 2025[5]. - The company plans to issue an additional $150 million of 9.875% Senior Notes due 2029, which will form a single series with previously issued notes[12].