reports
Onity Group Officially Rebrands PHH Mortgage to Onity Mortgage
Onity Group Officially Rebrands PHH Mortgage to Onity Mortgage Brand launch marks another step in the Company’s multi-year transformation WEST PALM BEACH, Fla., March 23, 2026 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that its mortgage subsidiary has officially started operating under a new name, (“Onity Mortgage”), replacing its former name, PHH Mortgage Corporation (“PHH Mortgage”). Glen A. Messina, Chair, President and CEO of Onity Group, said, “Today marks another important milestone in our multi-year transformation as PHH Mortgage officially be...
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...
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...
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,...
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 ...
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....
Onity Group Schedules Fourth Quarter and Full Year 2025 Results Confer...
Onity Group Schedules Fourth Quarter and Full Year 2025 Results Conference Call WEST PALM BEACH, Fla., Jan. 29, 2026 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Thursday, February 12, 2026 at 8:30 a.m. (ET) to review the Company’s fourth quarter and full year 2025 operating results. All interested parties are welcome to participate. You can access the conference call by dialing (800) 267-6316 or (203) 518-9783 approximately 10 minutes prior to the call; please reference the conference ID “Onity.” Participants can als...
Onity Group Announces Pricing of $200 Million of Senior Notes Due 2029
Onity Group Announces Pricing of $200 Million of Senior Notes Due 2029 WEST PALM BEACH, Fla., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”) today announced that its subsidiaries, PHH Corporation and PHH Escrow Issuer LLC (the “Issuers”), priced their previously announced offering of 9.875% Senior Notes due 2029 (the “PHH Senior Notes”) in an aggregate principal amount of $200 million. The price to investors will be 103.25% of the principal amount of the PHH Senior Notes, which results in an effective yield (YTW) of 8.515% per annum. The issuance and sale of the...
Onity Group Announces Offering of $150 Million of Senior Notes Due 202...
Onity Group Announces Offering of $150 Million of Senior Notes Due 2029 WEST PALM BEACH, Fla., Jan. 26, 2026 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that its subsidiaries PHH Corporation and PHH Escrow Issuer LLC (the “Issuers”) launched an offering of $150 million aggregate principal amount of 9.875% Senior Notes due 2029 (the “PHH Senior Notes”), subject to market and other conditions. The PHH Senior Notes being offered are an additional issuance of the Issuers’ 9.875% Senior Notes due 2029 and will form a single series of debt securities with the $...
Onity Group Announces Appointment of Dawn Morris to Board of Directors
Onity Group Announces Appointment of Dawn Morris to Board of Directors Jenne Britell Will Not Stand for Re-election at 2026 Annual Meeting of Shareholders WEST PALM BEACH, Fla., Jan. 05, 2026 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced the appointment of Dawn C. Morris to its Board of Directors (“Board”), effective January 1, 2026. “We are very pleased to welcome Dawn to the Onity Board,” said Glen A. Messina, Chair, President and CEO of Onity. “Dawn brings a broad and diverse background across the financial services sector with a strong focus on growth...
Onity Group to Present at Upcoming Investor Conference
Onity Group to Present at Upcoming Investor Conference WEST PALM BEACH, Fla., Nov. 25, 2025 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that Sean O’Neil, Executive Vice President and Chief Financial Officer with Onity Group, will present and host meetings with investors at the Bank of America Leveraged Finance Conference on December 2, 2025. Bank of America Leveraged Finance Conference Date: Tuesday, December 2, 2025Time: 3:30 p.m. to 4:00 p.m. Eastern Time This event will be webcast live through the . An investor presentation will be available on the ...
Onity Group Announces Strategic Relationship with Finance of America R...
Onity Group Announces Strategic Relationship with Finance of America Reverse PHH Mortgage to sell reverse mortgage assets and enter into subservicing agreement, repositioning its participation in the reverse market Estimated net proceeds to be approximately $100 to $110 million WEST PALM BEACH, Fla., Nov. 18, 2025 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that its subsidiary, PHH Mortgage Corporation (“PHH”), has entered into a strategic relationship with Finance of America Reverse (“FAR”) to reposition its participation in the reverse mortgage market...
Onity Group Announces Third Quarter 2025 Results
Onity Group Announces Third Quarter 2025 Results WEST PALM BEACH, Fla., Nov. 06, 2025 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced its third quarter 2025 results and provided a business update. Third Quarter 2025: Net income attributable to common stockholders of $18 million; diluted EPS of $2.03; ROE of 14%Adjusted pre-tax income* of $31 million, resulting in annualized adjusted ROE* of 25%Book value per share improved to $62 as of September 30, 2025, up $2.71 YoYOriginations volume of $12 billion, up 39% YoY, exceeding industry growth rateAverage servic...
Onity Group Schedules Conference Call – Third Quarter 2025 Results and...
Onity Group Schedules Conference Call – Third Quarter 2025 Results and Business Update WEST PALM BEACH, Fla., Oct. 28, 2025 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Thursday, November 6, 2025 at 8:30 a.m. (ET) to review the Company’s third quarter 2025 operating results and provide a business update. All interested parties are welcome to participate. You can access the conference call by dialing (833) 316-1983 or (785) 838-9310 approximately 10 minutes prior to the call; please reference the conference ID “Onity.”...
PHH Mortgage Launches Proprietary Non-QM Product Suite
PHH Mortgage Launches Proprietary Non-QM Product Suite New non-QM products expected to launch on October 20 and will be offered through PHH’s Correspondent Lending channel WEST PALM BEACH, Fla., Oct. 13, 2025 (GLOBE NEWSWIRE) -- (“PHH” or the “Company”), a subsidiary of (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced that the Company expects to launch a new suite of proprietary non-qualified mortgage (non-QM) products known as FlexIQ on October 20. The product suite will be available through the Company’s Correspondent Lending channel for delegate...
Onity Group Announces Appointment of Robert Welborn to Board of Direct...
Onity Group Announces Appointment of Robert Welborn to Board of Directors DeForest Soaries Will Not Stand for Re-election at 2026 Annual Meeting of Shareholders WEST PALM BEACH, Fla., Oct. 06, 2025 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced the appointment of Robert S. Welborn to its Board of Directors (“Board”), effective October 1, 2025. “We are very pleased to welcome Robert to the Onity Board,” said Glen A. Messina, Chair, President and CEO of Onity. “Robert brings deep domain knowledge and extensive experience in driving business insights, growth ...
Onity Group to Present at Upcoming Investor Conferences
Onity Group to Present at Upcoming Investor Conferences WEST PALM BEACH, Fla., Sept. 02, 2025 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that executive management will participate in two upcoming conferences in September 2025. Glen Messina, Chair, President and Chief Executive Officer, and Sean O’Neil, Executive Vice President and Chief Financial Officer, will present and meet with investors at the following conferences: Barclays 23rd Annual Global Financial Services Conference Date: Tuesday, September 9, 2025Time: 3:30 p.m. Eastern Time ...
Onity Group Announces Second Quarter 2025 Results
Onity Group Announces Second Quarter 2025 Results WEST PALM BEACH, Fla., Aug. 05, 2025 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced its second quarter 2025 results and provided a business update. Second Quarter 2025: Net income attributable to common stockholders of $20 million; diluted EPS of $2.40; ROE of 17%Adjusted pre-tax income* of $16 million, resulting in annualized adjusted ROE* of 14%Book value per share improved to $60 as of June 30, 2025, up $2.94 YoYOriginations volume of $9.4 billion, up 35% YoY, exceeding 23% industry growthAverage servicin...
Onity Group Schedules Conference Call – Second Quarter 2025 Results an...
Onity Group Schedules Conference Call – Second Quarter 2025 Results and Business Update WEST PALM BEACH, Fla., July 22, 2025 (GLOBE NEWSWIRE) -- (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Tuesday, August 5, 2025 at 8:30 a.m. (ET) to review the Company’s second quarter 2025 operating results and provide a business update. All interested parties are welcome to participate. You can access the conference call by dialing (800) 245-3047 or (203) 518-9765 approximately 10 minutes prior to the call; please reference the conference ID “Onity.” ...
PHH Mortgage Receives Residential Servicing Ratings Upgrade from Fitch...
PHH Mortgage Receives Residential Servicing Ratings Upgrade from Fitch Ratings WEST PALM BEACH, Fla., June 04, 2025 (GLOBE NEWSWIRE) -- (“PHH” or the “Company”), a subsidiary of (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced that Fitch Ratings has upgraded its residential primary servicer ratings and indicated a Stable Rating Outlook. Fitch’s most recent ratings upgrades, which are generally considered Above Average, include: Prime product upgraded to ‘RPS2-’ from ‘RPS3+’Subprime product upgraded to ‘RPS2-’ from ‘RPS3+’Alt-A product upgraded to ‘...
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