Onity Group Inc.
New York Stock ExchangeRecent
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ROIC.AI
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- 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.
Company News
A Look at Onity Group Inc (ONIT) After 3.3% Decline -- GF Value $34.26 vs Price $34.24
3 Low-P/E Stocks That Look Cheap as the S&P 500 Trades Near Record Highs
Onity Group Q2 Earnings Call Highlights
Empowered Funds LLC Decreases Stock Holdings in Onity Group Inc. $ONIT
Dimensional Fund Advisors LP Buys 25,390 Shares of Onity Group Inc. $ONIT
Onity Group Inc. (ONIT) Q2 2026 Earnings Call Transcript
Onity Group Announces Second Quarter 2026 Results
Onity Group Schedules Second Quarter 2026 Results Conference Call
Onity Group: Buybacks Protect The Downside While Servicing Recovers (Upgrade)
Finance of America Completes Acquisition of Reverse Mortgage Assets from Onity
Onity Group Announces Closing of Transaction with Finance of America Reverse
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