Ocwen Financial Announces Shareholder Approval To Rebrand As Onity Group; New Name And NYSE Trading Symbol "ONIT" Expected To Be Effective June 10, 2024
New name and NYSE trading symbol ("ONIT") expected to be effective June 10, 2024
PHH Mortgage expected to rebrand to Onity Mortgage in the fall of 2024
WEST PALM BEACH, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) ("Ocwen" or the "Company"), a leading non-bank mortgage servicer and originator, today announced that the Company has obtained the necessary approval from its shareholders to change the name of Ocwen to Onity™ Group Inc.