Ocwen all but drops Ocwen name, will operate as PHH Mortgage and Liberty Home Equity Solutions

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Ocwen Financial announced Monday that it has hit two milestones enabling the company to officially service loans through its two primary brands: PHH Mortgage for forward servicing and lending, and Liberty Home Equity Solutions for reverse lending and servicing. In effect, the mortgage giant is leaving behind its tarnished name, saying that it will consider a future rebrand.