Ocwen Financial Corporation, a financial services company boasting operations in the United States, the United States Virgin Islands, India, and the Philippines, specializes in the origination and servicing of mortgage loans. The company operates via its Servicing and Originations segments and offers a variety of services, including commercial mortgage loan servicing, special servicing, asset management, and residential mortgage loan servicing. The latter includes reverse mortgage loans for owners of mortgage loans and foreclosed real estate, as well as conventional, government-insured, and non-agency loans. Correspondent lending arrangements, broker relationships, and retail channels are among the means by which the company originates and purchases conventional and government-insured residential forward and reverse mortgage loans. With a primary focus on PHH Mortgage and Liberty Reverse Mortgage brands, Ocwen Financial Corporation was established in 1988 in West Palm Beach, Florida.