Welcome to our dedicated page for Onity Group news (Ticker: ONIT), a resource for investors and traders seeking the latest updates and insights on Onity Group stock.
Onity Group Inc. (NYSE: ONIT) is a non-bank mortgage finance company that regularly issues news about its mortgage servicing, originations and corporate developments. Through its PHH Mortgage and Liberty Reverse Mortgage brands, the company reports on servicing portfolio trends, forward and reverse mortgage activities, and product initiatives in the mortgage finance sector.
News releases from Onity often cover quarterly results and business updates, where the company discusses net income, originations volume, servicing unpaid principal balance, liquidity and non-GAAP measures such as adjusted pre-tax income and adjusted return on equity. These updates also describe operational highlights, including recapture performance, subservicing client additions, commercial servicing growth and mortgage servicing rights hedge strategies.
Investors and analysts following ONIT can also expect announcements about strategic relationships and transactions. Recent examples include agreements for PHH Mortgage to sell a reverse mortgage servicing portfolio and certain reverse originations assets to Finance of America Reverse while entering into a multi-year subservicing agreement and repositioning its role in the reverse mortgage market.
Onity’s news flow additionally features product launches and enhancements, such as the introduction of PHH’s FlexIQ non-qualified mortgage product suite in the correspondent lending channel, as well as governance updates like appointments of new independent directors to the board. The company also announces participation in investor conferences and related presentations.
This ONIT news page aggregates these types of disclosures so readers can review earnings announcements, strategic transactions, product news and governance changes in one place. For those tracking developments in mortgage servicing and originations, it offers a centralized view of how Onity communicates its performance, strategy and key relationships over time.
Onity Group (NYSE: ONIT) announced on March 23, 2026 that PHH Mortgage Corporation has been renamed Onity Mortgage Corporation. The rebrand aligns the mortgage subsidiary with the parent company's visual identity, consolidates Liberty Reverse Mortgage under Onity Mortgage, and launches redesigned websites and client tools.
The change is presented as part of a multi-year transformation to unify branding and emphasize a technology-enabled mortgage platform focused on customer execution.
Onity Group (NYSE: ONIT) subsidiary PHH Mortgage received Fannie Mae 2025 STAR Performer recognition in General Servicing and Solution Delivery, marking its fifth consecutive year as a STAR Performer.
PHH serviced ~1.4 million loans with $328 billion UPB as of Dec 31, 2025, grew total servicing UPB +9% YoY and owned MSR UPB +15% YoY.
Onity Group (NYSE: ONIT) expects to rebrand its subsidiary PHH Mortgage to Onity Mortgage effective March 23, 2026. The company reports servicing loans for 1.4 million consumers, supporting over 3,000 investors and 100+ subservicing clients, and cites record originations in 2025.
The rebrand will unify visual identity, launch redesigned websites, and follow prior corporate name change and NYSE listing under the ONIT symbol.
Onity Group (NYSE: ONIT) named Aulene Wessel Senior Vice President and Chief Accounting Officer, effective February 23, 2026. Ms. Wessel will report to Sean O’Neil, EVP and CFO, and lead controllership, technical accounting, internal controls, audits, and GAAP compliance.
Ms. Wessel joins from Truist Bank and previously held senior accounting and reporting roles at SoFi, Silicon Valley Bank, and American Express. She succeeds Francois Grunenwald, who will depart after a transition period following more than six years with the company.
Onity Group (NYSE: ONIT) reported record 2025 results: net income $185M, diluted EPS $21.46, and book value per share $74 (up $17 YoY). GAAP revenue rose 9% to $1.1B; total servicing UPB reached $328B. The company released a $120M deferred tax valuation allowance and authorized a $10M share repurchase program through August 2026.
Management guided 2026 adjusted ROE 13%–15% (16%–18% excluding the valuation allowance), expects 5%–15% servicing UPB growth, and cited increased liquidity to fund higher-growth assets.
Onity Group (NYSE: ONIT) announced that subsidiaries PHH Corporation and PHH Escrow Issuer LLC closed a $200 million offering of 9.875% Senior Notes due 2029 on January 30, 2026. The notes form a single series with the $500.0 million issued November 6, 2024, and are senior secured and guaranteed by Onity and certain PHH subsidiaries. Net proceeds will fund general corporate purposes, including repayment of mortgage servicing rights indebtedness. The notes were sold under Rule 144A and Regulation S and are unregistered under the Securities Act.
Onity Group (NYSE: ONIT) will hold a conference call on Thursday, February 12, 2026 at 8:30 a.m. ET to review fourth quarter and full year 2025 operating results. The call is open to all interested parties.
Access: dial (800) 267-6316 or (203) 518-9783 (reference conference ID “Onity”), or join a live audio webcast via the Shareholder Relations page at onitygroup.com. An investor presentation will be posted prior to the call. A website replay will appear about two hours after the call; a telephonic replay is available through February 26, 2026 with access code 11160700. Preliminary financial results were disclosed on January 26, 2026 and are posted under SEC Filings on the Shareholder Relations page.
Onity Group (NYSE: ONIT) announced that subsidiaries PHH Corporation and PHH Escrow Issuer LLC priced an additional issuance of 9.875% Senior Notes due 2029 for an aggregate principal amount of $200.0 million. The price to investors is 103.25% of principal, implying an effective yield (YTW) of 8.515% per annum. Closing is expected on January 30, 2026, subject to customary conditions. The new notes will form a single series with the existing $500.0 million of such notes issued on November 6, 2024, and are guaranteed on a senior secured basis by Onity and certain PHH subsidiaries, including PHH Mortgage Corporation and PHH Asset Services LLC. Net proceeds will be used for general corporate purposes, including repayment of mortgage servicing rights indebtedness. The notes are offered under Rule 144A and Regulation S.
Onity Group (NYSE: ONIT) announced that subsidiaries PHH Corporation and PHH Escrow Issuer LLC launched an offering of $150.0 million aggregate principal amount of 9.875% Senior Notes due 2029. These PHH Senior Notes are an additional issuance that will form a single series with the $500.0 million of 9.875% Senior Notes originally issued on November 6, 2024, resulting in a combined series aggregate principal of $650.0 million.
The PHH Senior Notes are guaranteed on a senior secured basis by Onity and certain PHH subsidiaries, including PHH Mortgage Corporation and PHH Asset Services LLC. Net proceeds will be used for general corporate purposes, including repayment of certain indebtedness of PHH Mortgage Corporation and PHH Asset Services. The notes will not be registered under the Securities Act and are being offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.
Onity (NYSE: ONIT) appointed Dawn C. Morris to its Board of Directors, effective January 1, 2026. The company also disclosed that director Jenne K. Britell will not stand for re-election at the Annual Meeting scheduled for May 19, 2026 and will remain on the Board until that date.
Ms. Morris is founder and CEO of Growth Partners Group and previously served as Chief Digital and Marketing Officer at First Horizon (2018–2020). Her background includes roles at RBC Bank, RBS Citizens, and Webster Bank and board service at America’s Car-Mart and First Financial Bancorp.