Onity Group Inc Stock Price, News & Analysis

Onity Group (NYSE: ONIT) announced a strategic relationship with Finance of America Reverse (FAR) to reposition PHH Mortgage’s role in the reverse mortgage market.

Key terms: sale of reverse MSRs covering ~40,000 HECM loans with $9.6 billion unpaid principal balance (9/30/2025); estimated net proceeds of $100–$110 million; PHH to act as subservicer under a three-year agreement; FAR to acquire PHH’s reverse pipeline and assume some US-based reverse originations employees. PHH will stop originating reverse loans but will continue securitizations of buy-out loans.

The transaction is expected to close in Q1 2026, is subject to regulatory approval and customary conditions, and the company expects the deal to be accretive to earnings and strengthen liquidity and capital metrics.

Finance of America (NYSE: FOA) agreed to acquire the HECM servicing portfolio, select reverse mortgage assets and pipeline from PHH Mortgage, a subsidiary of Onity (NYSE: ONIT), in an all-cash transaction announced November 18, 2025.

The deal includes onboarding select PHH origination staff and a subservicing agreement with PHH for continuity. Finance of America said the transaction will be immediately accretive to earnings, Adjusted EPS, and cash flow, and the purchase price will be funded primarily by warehouse and asset-level financing plus available liquidity. Boards of both companies approved the transaction; close is expected in Q1 2026, subject to regulatory approvals and customary conditions.

The companies plan to expand distribution of Finance of America’s HomeSafe Second product to PHH’s tens of thousands of eligible forward mortgage customers.

Onity Group (NYSE: ONIT) reported third quarter 2025 results and a business update on Nov 6, 2025. Key metrics: net income $18 million, diluted EPS $2.03, adjusted pre-tax income $31 million, and book value per share $62 as of Sept 30, 2025. Originations reached $12 billion (+39% YoY) and average servicing UPB was $312 billion (+$7 billion YoY).

The company expects to exceed its 2025 adjusted ROE guidance range of 16%–18% and to release a significant portion of a $180 million DTA valuation allowance by year-end 2025. The company disclosed that Rithm will not renew subservicing agreements, affecting ~$33 billion of UPB, with transfers expected in early 2026 and ~$8.5 billion requiring consents.

Onity Group (NYSE: ONIT) will hold a conference call on Thursday, November 6, 2025 at 8:30 a.m. ET to review third quarter 2025 operating results and provide a business update.

Interested parties may join by phone at (833) 316-1983 or (785) 838-9310 (dial ~10 minutes early; reference conference ID "Onity"), or listen via a live audio webcast on the Shareholder Relations page at onitygroup.com under Events and Presentations. An investor presentation will be posted on the Shareholder Relations page prior to the call.

A webcast replay will be available about two hours after the call on the website, and a telephonic replay will be available through November 20, 2025 at (844) 512-2921 or (412) 317-6671 (access code 11160252).

PHH Mortgage (NYSE: ONIT) announced it expects to launch FlexIQ, a proprietary suite of non‑QM mortgage products, on October 20, 2025. FlexIQ will be sold through PHH's Correspondent Lending channel for delegated and non‑delegated loans and will replace PHH's prior Gold/Silver/Bronze non‑QM programs.

FlexIQ includes a service‑first approach with a single underwriting standard across product types, a dedicated support desk, training resources, and three product categories: Full Documentation for higher loan limits, Alternative Documentation for non‑traditional income, and DSCR for real estate investors qualifying on rental income.

Onity Group (NYSE: ONIT) announced that Robert S. Welborn was appointed to the Board of Directors effective October 1, 2025. According to the press release, Welborn brings data science and analytics leadership from roles at Meta (2020–2024), General Motors (2018–2020), and USAA (2009–2017), and has served as a director of NOV since 2021. The PR states the company expects his expertise to support its technology innovation agenda.

Also per the PR, DeForest B. Soaries Jr. informed the Board he will not stand for re-election at Onity’s 2026 Annual Meeting on May 20, 2026 and will continue serving until that date. The company thanked him for service since 2015.

Onity Group (NYSE:ONIT) announced its executive management team's participation in two upcoming investor conferences in September 2025. Chair, President and CEO Glen Messina and EVP and CFO Sean O'Neil will present at the Barclays 23rd Annual Global Financial Services Conference on September 9 at 3:30 PM ET and the Sidoti Small-Cap Virtual Conference on September 17 at 10:00 AM ET.

Both events will be webcast live, with Onity hosting investor meetings at Barclays and virtual one-on-one meetings at the Sidoti conference. An investor presentation will be available on the company's website before both events.

Onity Group (NYSE: ONIT) reported strong Q2 2025 financial results, with net income of $20 million and diluted EPS of $2.40. The company achieved a 17% ROE and maintained robust growth with originations volume reaching $9.4 billion, up 35% year-over-year.

Key highlights include a book value per share increase to $60, average servicing UPB of $307 billion, and total liquidity of $218 million. The company confirmed its 2025 adjusted ROE guidance range of 16-18% and noted potential release of $180 million in deferred tax valuation allowance by year-end 2025.

Onity Group (NYSE:ONIT) has scheduled a conference call for Tuesday, August 5, 2025 at 8:30 a.m. ET to discuss its second quarter 2025 financial results and provide a business update.

Participants can join via phone by dialing (800) 245-3047 or (203) 518-9765 with the conference ID "Onity". A live audio webcast will be available on the company's website. An investor presentation will be accessible before the call on the Shareholder Relations page.

A replay will be available on the website approximately two hours after the call, with a telephonic replay accessible until August 19, 2025 using (844) 512-2921 or (412) 317-6671 with access code 11159308.