other material
confidence high
sentiment neutral
materiality 0.50
Ocwen to rebrand as Onity Group Inc., proposes stock ticker ONIT
ONITY GROUP INC.
- Shareholder vote on name change at Annual Meeting on May 28, 2024.
- If approved, new name Onity Group Inc. and ticker ONIT effective June 2024.
- PHH Mortgage and Liberty Reverse Mortgage will rebrand to Onity Mortgage later in 2024.
- Rebranding reflects five-year transformation into balanced, diversified mortgage company.