ONITY GROUP INC. — Director's Dealing 2021

Jan 11, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: OCWEN FINANCIAL CORP (OCN)
CIK: 0000873860
Period of Report: 2020-05-08

Reporting Person: COOPERMAN LEON G (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	1000000	Direct
Common Stock, $0.01 par value	500000	Indirect
Common Stock, $0.01 par value	500000	Indirect
Common Stock, $0.01 par value	11185525	Indirect

Footnotes

F1: The amount reported reflects the number of shares beneficially owned by the reporting person as of May 8, 2020, the date of the filing of the Issuer's Form 10-Q for the quarter ended March 31, 2020, and has not been adjusted to reflect the 1-for-15 reverse stock split of the Issuer's common stock which subsequently became effective on August 13, 2020.

F2: The securities are held in the account of Toby Cooperman over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

F3: The securities are held in the account of Michael S. Cooperman over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

F4: The securities are held in the account of Omega Capital Partners, L.P., a private investment entity over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.