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) reported second quarter 2026 net loss attributable to common stockholders of $13 million, or diluted EPS of ($1.53), implying GAAP ROE of (8%). Adjusted pre-tax income was $14 million, equating to annualized adjusted ROE of 9%. The net loss includes $9 million of costs tied to a reverse asset sale and legacy subservicing transfer and $24 million of unfavorable asset fair value changes.
Total revenue was $283 million, up 15% versus Q2 2025, and adjusted revenue was $281 million, up 24%. Onity recorded $42 billion in total servicing additions, including a quarterly record of over $15 billion in originations, up 64% year over year, and ended the quarter with servicing UPB of $341 billion, up 10%.
The company completed a reverse asset sale to Finance of America Reverse with net proceeds of approximately $77 million, exceeded first-half subservicing addition guidance with $35 billion, reduced servicing advances 33% year over year to $369 million, and increased owned forward servicing UPB 44% to $176 billion. Onity repurchased 141,343 shares for $5.8 million, lifting book value per share to $73, up $13 versus Q2 2025. Management maintained 2026 adjusted ROE guidance of 10%–15%, now expected at the lower end, and reaffirmed prior guidance on servicing UPB growth, MSR hedge effectiveness, and operating efficiency.
Onity Group (NYSE: ONIT) will host a conference call on Thursday, August 6, 2026 at 8:30 a.m. ET to review second quarter 2026 results and provide a business update. Investors can join via dial-in or live webcast from the Shareholder Relations page at onitygroup.com.
Onity Group (NYSE: ONIT) closed its previously announced transaction with Finance of America Reverse, effective June 30, 2026. The deal includes selling reverse mortgage servicing rights on about 20,000 Ginnie Mae HECM loans with $5.2 billion unpaid principal and a reverse mortgage loan pipeline.
Onity Mortgage will subservice the sold MSRs for FAR under a three-year agreement. Net proceeds are expected to be $70–$80 million, intended to support growth, reduce debt and for other corporate purposes. Onity has ceased originating reverse mortgages but will continue securitizations of reverse mortgage buyout loans.
Onity Group (NYSE:ONIT) announced that EVP and CFO Sean O’Neil will present at the virtual Sidoti Small Cap Conference on June 17, 2026, from 9:15 a.m. to 9:45 a.m. ET.
The event will be webcast live, with an investor presentation posted on the shareholder relations site.
Onity Group (NYSE: ONIT) received regulatory approval on May 28, 2026 for the sale of its reverse mortgage servicing portfolio and certain reverse origination assets to Finance of America Reverse. The deal covers MSRs on about 20,000 Ginnie Mae loans with $5.1 billion unpaid principal.
Onity expects $70–$80 million in net proceeds and will subservice the sold MSRs under a three-year agreement while discontinuing new reverse mortgage originations. The board also authorized a share repurchase program up to $20 million through June 2027, with buybacks executed in the open market.
Onity Group (NYSE: ONIT) reported Q1 2026 results with net income attributable to common stockholders of $7 million and diluted EPS of $0.74. Total revenue was $294 million (up 18% YoY) and adjusted revenue $278 million (up 26% YoY). Ending servicing UPB was $338 billion (up 11% YoY). The company recorded an adjusted pre-tax loss of $6 million and updated adjusted ROE guidance to 10%–15% from 13%–15% amid mortgage rate volatility. Other items: originations of $14 billion, $20 billion MSR additions, $200 million high-yield debt raised, and partial share repurchases.
Onity Group (NYSE: ONIT) said executive management will attend the BTIG Housing and Real Estate Conference on May 6, 2026 at the St. Regis Hotel in New York. Glen Messina, Chair, President and CEO, and Sean O’Neil, EVP and CFO, will meet with investors. Participants must be pre-registered.
Onity Group (NYSE: ONIT) will hold a conference call on Tuesday, May 5, 2026 at 8:30 a.m. ET to review first quarter 2026 operating results and provide a business update. A live audio webcast, investor presentation, and replays will be available via the Shareholder Relations page at onitygroup.com.
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.