Despite having lower overall volumes when compared to the forward mortgage business, Liberty Reverse Mortgage remains one of the more profitable segments of parent company Onity Group’s portfolio, according to information shared by executive leaders at a recent investor presentation.
At this month’s Sidoti Virtual Investor Conference, Onity leaders including CEO Glen Messina and chief financial officer Sean O’Neil offered details about the company’s performance over the past several years. They also discussed the products and offerings that have driven its recent earnings reports.
Onity leaders touted Liberty as the fourth-largest reverse mortgage lender in the country based on Home details ⇒
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