Owcen Financial Corp., a finance company that specializes in turning around nonperforming mortgage loans, will be offering additional stock and securities.

The company announc-ed Wednesday that it would file with the Securities and Exchange Commission to offer three million shares of common stock and $125 million of trust-preferred capital securities, the latter through its business trust Ocwen Capital Trust I.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.