Ocwen Financial Officially Rebrands as Onity™ Group
Onity Group Inc. (ONIT)
Company Research
Source: GlobeNewswire
WEST PALM BEACH, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it has officially started operating under its new brand name effective Monday, June 10, 2024, replacing its former name, Ocwen Financial Corporation. The Company’s common stock is expected to begin trading on the New York Stock Exchange under the symbol “ONIT” at market open today. Glen A. Messina, Chair, President and CEO of Onity Group, said, “Today marks the start of a new era for our Company and signifies our transformation, growth and expansion into a balanced and diversified business. We are proud of what we have built – a strong servicing platform with industry-leading cost and operational performance, multi-channel originations and asset management capabilities, and a technology-enabled global platform.” Messina continued, “This is more than just a name change. It is part of the continu
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