Liberty Reverse - Real Estate Investor Pulse

Liberty Reverse parent receives shareholder approval for rebranding

May 29, 2024 Mariel Alumit Comments Off

Ocwen Financial Corp, the parent company of PHH Mortgage Corp. and its reverse mortgage subsidiary Liberty Reverse Mortgage, announced on Tuesday that its shareholders have approved the company’s planned rebranding initiative to Onity Group. […]

Liberty Reverse parent Ocwen seeks to rebrand this year

April 4, 2024 Mariel Alumit Comments Off

Ocwen Financial Corp., the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp., announced on Wednesday that it is undergoing a rebranding effort and will be known as […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]