Independence Home Collateral Choice, an opposing mortgage lender and you can division out-of Ocwen Financial Characteristics, has renamed under a different and you may basic brand name: Freedom Reverse Mortgage, a reputation and that phone calls back into their roots. The firm might begin doing work since a division out of PHH Financial Company. Both measures work by February fifteen.
The changes in the business’s name and its own divisional ladder are increasingly being produced purely for functional causes, and that’s perhaps not likely to feeling or change the attributes you to definitely Freedom will bring so you’re able to users at all. Organization partnerships will will still be unchanged, considering a pals representative.
The company continues to maintain steadily its feet from surgery when you look at the Rancho Cordova, Calif. read more