ONITY GROUP INC. — Director's Dealing 2016

Dec 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OCWEN FINANCIAL CORP (OCN)
CIK: 0000873860
Period of Report: 2016-12-07

Reporting Person: ERBEY WILLIAM C (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-07	Common Stock	X	5000	$2.50	Disposed	9014852	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-07	Call Options (obligation to sell)	$2.50	X	50	Disposed	2017-01-20	Common Stock (5000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	69805	Direct
Common Stock	7849704	Indirect
Common Stock	1000000	Indirect

Footnotes

F1: On December 7, 2016, call options previously written by Tribue Limited Partnership ("Tribue") were exercised.