Ocwen Financial rebrands as Onity Group, begins trading under ticker 'ONIT'

ONITY GROUP INC.

Name change to Onity Group Inc. effective June 10, 2024; common stock now trades on NYSE under 'ONIT'.
CEO Glen A. Messina says rebranding reflects transformation, growth and diversification over past five years.
Primary brands PHH Mortgage and Liberty Reverse Mortgage expected to rebrand to Onity Mortgage in fall 2024.
Company remains a non-bank mortgage servicer and originator with operations in the US, India, and Philippines.

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