OW0A Ocwen Financial Corporation

PHH Mortgage Receives 2025 Fannie Mae Star Performer Award for Servicing Excellence

PHH Mortgage Receives 2025 Fannie Mae Star Performer Award for Servicing Excellence

Recognized for the fifth consecutive year

WEST PALM BEACH, Fla., March 12, 2026 (GLOBE NEWSWIRE) -- (“PHH” or the “Company”), a subsidiary of (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae’s 2025 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition in the General Servicing and Solution Delivery categories. PHH has earned STAR Performer recognition for five consecutive years.

“Being recognized once again by Fannie Mae for excellence in mortgage servicing reflects the strength of our hardworking team and our unwavering commitment to exceptional operational performance and achieving positive customer outcomes,” said Scott Anderson, Executive Vice President and Chief Servicing Officer of PHH Mortgage. “Our customer-first mindset combined with the servicing platform we have built and our continued integration of innovative technologies consistently delivers top-tier performance. We are proud of the work we do for our customers, clients, investors and the housing industry, and we look forward to continuing to deliver on our commitments to all those we serve.”

STAR Performer recognition is reserved for top performing servicers. For 2025, STAR Program participants are measured on the basis of their performance managing General Servicing (Transition to 60+ and Investor Reporting Score), Solution Delivery (60+ to Cure, Retention Efficiency, Liquidation Efficiency, and Six-Month Modification Performance), and Timeline Management (Transition to Beyond Time Frame). Each servicer’s performance in these metrics is compared against the performance of other Fannie Mae loans with similar credit characteristics.

PHH serviced or subserviced approximately 1.4 million loans with a total unpaid principal balance of $328 billion on behalf of more than 3,000 investors and over 100 subservicing clients as of December 31, 2025. During 2025, the Company expanded total servicing UPB by 9% and achieved a 15% increase in owned MSR UPB, both on a year-over-year basis. The Company’s extensive servicing capability includes forward, reverse, business purpose residential and small-balance commercial mortgages supported by a technology-enabled platform.

About Onity Group:

Onity Group Inc. (NYSE: ONIT) is a leading non-bank financial services company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to consumers and business clients. Liberty is one of the nation’s largest reverse mortgage lenders dedicated to providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices and operations in the United States, the U.S. Virgin Islands, India and the Philippines, and have been serving our customers since 1988. For additional information, please visit:

Onity Group expects to rebrand and formally change the name of its subsidiary, PHH Mortgage Corporation, to Onity Mortgage Corporation effective March 23, 2026. Read the company’s press release .  

For Further Information Contact:

Dico Akseraylian, SVP, Corporate Communications

(856) 917-0066



EN
12/03/2026

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Ocwen Financial Corporation

 PRESS RELEASE

PHH Mortgage Receives 2025 Fannie Mae Star Performer Award for Servici...

PHH Mortgage Receives 2025 Fannie Mae Star Performer Award for Servicing Excellence Recognized for the fifth consecutive year WEST PALM BEACH, Fla., March 12, 2026 (GLOBE NEWSWIRE) -- (“PHH” or the “Company”), a subsidiary of (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae’s 2025 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition in the General Servicing and Solution Delivery categories. PHH has earned STAR Performer recognition for five consecutive years. “Being recognized once again by Fannie M...

 PRESS RELEASE

Onity® Group to Rebrand PHH Mortgage to Onity® Mortgage

Onity® Group to Rebrand PHH Mortgage to Onity® Mortgage Rebrand expected to be effective March 23, 2026 WEST PALM BEACH, Fla., March 09, 2026 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that it expects to rebrand and formally change the name of its subsidiary, PHH Mortgage Corporation (“PHH Mortgage”), to Onity Mortgage Corporation (“Onity Mortgage”) effective March 23, 2026. Glen A. Messina, Chair, President and CEO of Onity Group, said, “We are excited for this next phase of our rebranding effort, further expanding and strengthening the Onity brand ac...

 PRESS RELEASE

Onity Group Names Aulene Wessel Senior Vice President and Chief Accoun...

Onity Group Names Aulene Wessel Senior Vice President and Chief Accounting Officer WEST PALM BEACH, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that Aulene Wessel has been named Senior Vice President and Chief Accounting Officer, effective February 23, 2026. Ms. Wessel reports to Sean O’Neil, Executive Vice President and Chief Financial Officer of Onity. Ms. Wessel is responsible for providing strategic leadership of the controllership function, overseeing all core accounting operations, internal controls, technical accounting, audits,...

 PRESS RELEASE

Onity Group Announces Full Year and Fourth Quarter 2025 Results

Onity Group Announces Full Year and Fourth Quarter 2025 Results Delivered record net income and EPS, book value per share of $74, and profitable growth through multi-year transformation Announces $10 million share repurchase program WEST PALM BEACH, Fla., Feb. 12, 2026 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced its full year and fourth quarter 2025 results. Full Year 2025: Net income attributable to common stockholders of $185 million; diluted EPS of $21.46; return on equity (“ROE”) of 35%Adjusted pre-tax income* of $82 million, resulting in adjusted ...

 PRESS RELEASE

Onity Group Announces Closing of $200 Million Senior Notes Offering

Onity Group Announces Closing of $200 Million Senior Notes Offering WEST PALM BEACH, Fla., Jan. 30, 2026 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”) today announced that its subsidiaries, PHH Corporation and PHH Escrow Issuer LLC (the “Issuers”), closed their previously announced offering of 9.875% Senior Notes due 2029 (the “PHH Senior Notes”) in an aggregate principal amount of $200 million. Glen A. Messina, Chair, President and CEO of Onity Group, said, “We opportunistically executed this debt offering to expand and strengthen our capital structure at attractive terms....

ResearchPool Subscriptions

Get the most out of your insights

Get in touch