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Ocwen Explores New Product Alternatives As Reverse Business Shrinks HW+

Nov 06, 2018By

Ocwen Financial Corp. (NYSE:OCN), the parent company of Liberty Home Equity Solutions, reported a loss of $0.9 million in pre-tax reverse mortgage revenue during the third quarter of 2018, and executives are looking to new products to add to their offerings. Overall reporting a company-wide net loss of $41 million, executives blamed the reverse mortgage […]