Yes, the corporate entity now known as Onity Group Inc. (formerly Ocwen Financial Corporation) completed the acquisition of PHH Corporation in a landmark strategic transaction. This major business combination successfully integrated PHH's robust mortgage servicing and subservicing platforms with Ocwen's existing operational infrastructure. Over subsequent years, the acquired entity served as the core operating engine of the parent company before management initiated a comprehensive corporate rebranding strategy to transition the legacy PHH brand name directly under the unified Onity banner.