Onity Group Inc. plans to change the name of subsidiary PHH Mortgage Corp. to Onity Mortgage Corp. effective March 23, 2026, completing a major phase of its transition from the legacy Ocwen and PHH ...
Onity posted a $1 million profit in its Q3 2025 reverse mortgage origination segment, driven by higher margins despite lower volumes. Reverse servicing income rebounded to $4 million, supported by a ...
Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that its mortgage subsidiary has officially started operating under a new name, Onity Mortgage Corporation (“Onity Mortgage”), ...
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CEO Glen Messina highlighted that the third quarter results "demonstrate the effectiveness of our strategy and the strength of our execution," citing record origination volume and steady servicing ...
Onity Group is trading at a 50% discount to its book value, primarily due to past financial issues, including a high debt-to-equity ratio. The company has shown nine consecutive quarters of ...
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WEST PALM BEACH, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Thursday, February 13, 2025 at ...
WEST PALM BEACH, Fla., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC ...
Onity Group (ONIT) shares soared 12.2% in the last trading session to close at $34.49. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares ...
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