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Reverse mortgage consumer complaints decline on a yearly basis: CFPB

Reverse mortgage consumer complaints to the CFPB between January and June 2024 were down compared with the same period one year earlier.

United statesNew yorkGail balettieOcwen financial corpAmerican advisors groupConsumer financial protection bureauPeer advisorsOcwen financialLiberty reverse mortgage

Liberty Reverse parent completes rebrand to Onity Group

The parent company of a top 10 reverse mortgage lender just completed a rebranding initiative that includes a new NYSE ticker symbol.

Sean oneillGlen messinaYork stock exchangeOcwen financial corpOnity groupMortgage corpLiberty reverse mortgageOcwen financialNew york stock exchangeOnity mortgageSeano neillHome equity conversion mortgageReverse market insightNew view advisors

Liberty Reverse parent receives shareholder approval for rebranding

The parent company of Liberty Reverse Mortgage will be rebranded in June after gaining shareholder approval for the move.

United statesGlen messinaSean oneillMortgage corporationOnity groupOcwen financial corpOcwen financial corporationMortgage corpYork stock exchangeLiberty reverse mortgageOcwen financialNew york stock exchangeOnity mortgageHome equity conversion mortgageReverse market insight

Ocwen improves overall reverse mortgage performance despite volume contraction

Ocwen saw improvements in its Q1 2024 performance, driven by its servicing and origination segments as well as reverse mortgages.

Sean oneillGlen messinaOnity group incYork stock exchangeMortgage corpOcwen financial corpLiberty reverse mortgageSeano neillNew york stock exchangeOnity mortgageHome equity conversion mortgageReverse market insight

Ocwen Financial Announces First Quarter 2024 Results

Net income of $30 million and diluted earnings per share of $3.74; annualized return on equity of 29%Adjusted pre-tax income of $14 million, driven by.

United statesWest palm beachGlena messinaDico akseraylianGinnie maeDepartment of housingOcwen financial corporationDepartment of justiceNational mortgage association fannie maeMtm groupGovernment national mortgage association ginnie maeCorporate communicationsOcwen financial corporation to onity group incSecurities exchangeExchange commissionConsumer financial protection bureau

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