Ocwen Financial Plans To Change Its Name To Onity Group Inc.; Expects To Begin Trading On NYSE Under The Stock Symbol 'ONIT' In June 2024

Ocwen Financial Corporation +1.69%

Ocwen Financial Corporation




The Company will submit a proposal to effect the name change at its Annual Meeting of Shareholders scheduled for May 28, 2024. Ocwen's primary brands, PHH Mortgage Corporation and Liberty Reverse Mortgage, will retain their names at this time. The Company expects to begin rebranding PHH Mortgage Corporation and Liberty Reverse Mortgage to Onity Mortgage later this year to align their names with the new name of the Company.

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