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 ...
PHH Mortgage Corp. has rebranded as Onity Mortgage, extending Onity Group’s post-2024 corporate rebrand. The company reported $24.2 billion in 2025 originations and a $153.6 billion owned servicing ...
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 ...
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 ...
"We reported another strong quarter with sustained profitability and steady growth, demonstrating the resilience of our business model, sound strategy and high-caliber execution,” said Onity Group ...
WEST PALM BEACH, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will ...
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 ...
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 ...
The company provided 2026 guidance, targeting "an adjusted ROE of 13% to 15%, which includes the impact of the valuation allowance release on increased equity" (CFO O'Neil). O'Neil stated, "We ...
Onity Group announced participation in the Sidoti Virtual Investor Conference on March 20, 2025, with presentations and one-on-ones. Onity Group Inc. has announced that its CEO Glen Messina and CFO ...