Onity Group Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Glen A. Messina
- Full Time Employees
- 4,200
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Address
- 1661 Worthington Road West Palm Beach FL United States of America 33409
- IPO Date
- Sep 25, 1996
- CIK
- 0000873860
- Website
- onitygroup.com
- Similar Companies
- Business
- Onity Group Inc., a financial services entity, specializes in the origination and servicing of both forward and reverse mortgage loans throughout the United States, the U.S. Virgin Islands, India, and the Philippines. The company structures its operations across Servicing and Originations divisions. Its offerings include managing owned mortgage servicing rights and providing subservicing solutions, alongside a diverse portfolio of loan products such as conventional, government-insured, and non-agency mortgages, as well as reverse mortgage and multi-family options. The firm actively originates and acquires conventional and government-backed residential forward and reverse mortgage loans, leveraging correspondent lending networks, broker alliances, and direct retail channels. Services are delivered under its prominent brands, PHH Mortgage and Liberty Reverse Mortgage, though these are slated for rebranding to Onity Mortgage by Fall 2024. Serving a broad clientele of financial institutions and homeowners, the company strategically announced in November 2025 an agreement to sell its reverse mortgage servicing portfolio and some origination assets to Finance of America Reverse LLC, transitioning PHH into a subservicer for these assets. This move aims to streamline its business and amplify focus on forward originations and other subservicing activities. Originally established in February 1988 as Ocwen Financial Corporation, the company officially adopted the name Onity Group Inc. in June 2024, with its common stock commencing trading under the new ONIT ticker on the NYSE. Onity Group Inc. maintains its headquarters in West Palm Beach, Florida.
Onity Group: Buybacks Protect The Downside While Servicing Recovers (Upgrade)
Onity Group Announces Closing of Transaction with Finance of America Reverse
Finance of America Completes Acquisition of Reverse Mortgage Assets from Onity
Onity Group to Present at Upcoming Investor Conference
Onity Group Provides Update on Reverse Transaction and Announces Share Repurchase Program
Onity Group Inc. (ONIT) Q1 2026 Earnings Call Transcript
Onity Group Announces First Quarter 2026 Results
Onity Group to Attend Upcoming Investor Conference
Onity Group Inc. (NYSE:ONIT) Receives $58.33 Consensus Target Price from Brokerages
Onity Group Schedules First Quarter 2026 Results Conference Call
Onity Group Officially Rebrands PHH Mortgage to Onity Mortgage
PHH Mortgage Receives 2025 Fannie Mae Star Performer Award for Servicing Excellence
Onity® Group to Rebrand PHH Mortgage to Onity® Mortgage
Onity Group Names Aulene Wessel Senior Vice President and Chief Accounting Officer
Onity Group Q4 Earnings Call Highlights
Onity Group Inc. (ONIT) Q4 2025 Earnings Call Transcript
Onity Group Announces Full Year and Fourth Quarter 2025 Results
Brokerages Set Onity Group Inc. (NYSE:ONIT) Price Target at $57.50
Onity Group Announces Closing of $200 Million Senior Notes Offering
Onity Group Schedules Fourth Quarter and Full Year 2025 Results Conference Call