Liberty Home Equity Solutions is a new name for a reverse mortgage lender that has been around for 10 years. Started in 2003 as Liberty Reverse Mortgage. Liberty Reverse Mortgage was acquired by Genworth Financial and operated under the name Genworth Financial Home Equity Access, Inc. (GFHEA). As GFHEA, it expanded to offer reverse mortgages in 50 states and become one of the largest originators of reverse mortgages in the US. Liberty Home Equity Solutions became the official name in February 2013. Ocwen Financial Inc purchased Liberty Home Equity Solutions in a deal that closed in April 2013. Robert Wagner's reverse mortgage commercials advertise their services.
Liberty Home Equity Solutions is a proven reverse mortgage lender with a new name. It has been in business for 10 years and has grown to be a top reverse mortgage originator. There is no reason to expect that things will change when Ocwen Financial finalizes it purchase of Liberty. Liberty will likely remain a solid choice for borrowers considering a reverse mortgage.