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We believe our new name reflects the capabilities of a hardworking team with a can-do attitude, problem-solving culture and the promise of dependability, performance and support. The correct pronunciation is ON-it-ee.
Ocwen was founded in 1988 and is headquartered in West Palm Beach, Florida, with additional offices in Mount Laurel, NJ, Rancho Cordova, California, and St. Croix, U.S. Islands. It also has support operations in the Philippines and India. On June 10, 2024, Ocwen rebranded as Onity Group.
On October 4, 2018 Ocwen Financial completed its acquisition of PHH Corporation and PHH is now a wholly owned subsidiary of Ocwen Financial Corp. U.S.
It is a negotiation with your mortgage lender to create a new agreement that modifies the original terms of your mortgage. If you have a long-term inability to pay your mortgage, a loan modification could be an option if you wish to keep your home.
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