Freedom Home Security Choice, an other lending company and office regarding Ocwen Monetary Attributes, keeps renamed below yet another and basic brand name: Liberty Contrary Financial, a name which calls back to the company’s origins. The organization might initiate working due to the fact a division from PHH Home loan Company. One another steps work by March fifteen.

The changes both in their identity and its particular divisional hierarchy are now being generated strictly to possess working factors, and is perhaps not expected to feeling otherwise change the characteristics you to definitely Freedom brings so you’re able to users at all. Providers partnerships will additionally are nevertheless unaffected, considering a company spokesperson.

The company will continue to maintain its legs away from functions when you look at the Rancho Cordova, Calif. working exclusively into taking reverse financial options. And additionally kept intact within this change try staff member and you will leadership teams, facts, rates, working procedure and you may levels of solution. Incidental info like team and you can worker cell phone numbers will even will always be unaffected.

Matter negative effects of the change, returning to our very own roots’

When it comes to a content differences that the new name and you will build make into the surgery one to customers and you may partners could be able to detect, there more than likely must not be people based on Freedom Chairman Mike Kent.

For the merchandising and organization consumers, there’s no topic difference in order to employing Freedom under our very own dated and you may new build, Kent says to RMD. [Read more…]