Tag: Liberty Reverse Mortgage profits

Liberty Reverse Mortgage Has Record Losses in Q2 Says Ocwen

Ocwen Financial Owned Liberty Reverse Mortgage Has Record Losses In 2nd Quarter.  Executives at Liberty Reverse Mortgage owner Ocwen Financial are worried. Why? Ocwen says the reverse mortgage unit recorded a pre-tax loss of $26 million in Q2 2022. This is in comparison to a profit of $6 million one year prior.  Liberty Reverse Mortgage…

By Musashi
2 min read