Before completing its official corporate rebranding initiative, Onity Group Inc. was widely known across the financial and mortgage industries as Ocwen Financial Corporation. The historic name change was executed to distance the enterprise from legacy challenges of the past, reflect a modernized corporate culture, and highlight its successful transformation into a balanced, diversified, top-tier non-bank mortgage servicer. Alongside this parent company transition, its primary mortgage servicing arm, PHH Mortgage, also rebranded to fully integrate under the unified Onity corporate identity.