Embattled mortgage servicer Ocwen said it has enough cash even as it warned it would record a loss for the fourth quarter and full year because of fines and higher servicing costs.

Ocwen said in a shareholders’ letter that it has $249 million in cash and expects to raise more by selling some mortgage-servicing rights.

Shares jumped 14 percent to $7.51. The stock is down 90 percent in the past year as the company has come under fire from regulators.

Ocwen said it is the subject of 21 probes in 15 states. The company, which has reached settlements with New York and California, doesn’t expect “material fines” from the other probes, the letter said. Still, Ocwen will add $50 million in legal expenses — on top of the $100 million it set aside in the third quarter.

Ocwen has about $110 million in expenses related to payments it couldn’t collect in the last quarter, nearly double the amount from the previous three-month period.