Ocwen Financial Corporation did not disappear or fail; rather, it underwent a major corporate rebranding to mark its comprehensive multi-year business transformation. Following shareholder approval, the parent company officially changed its corporate name to Onity Group Inc. and transitioned its stock ticker symbol on the New York Stock Exchange to ONIT. Its principal operating subsidiaries, including PHH Mortgage Corporation, subsequently aligned with this rebranding strategy to unify its market identity as a leading non-bank mortgage servicer and originator under the modern Onity brand framework.