OCN

Onity Group Inc.

A non-bank financial services company that services and originates residential mortgages — collecting payments, managing escrow, and handling loss mitigation for homeowners and lenders. It began in 1988 as Ocwen Financial and renamed itself Onity Group in 2024, a name chosen to echo the phrase "we're on it." Its longtime mortgage arm, formerly PHH Mortgage, now does business as Onity Mortgage.