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 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.
The company demonstrated strong performance in both Servicing and Originations segments, with funded recapture volume up 2.4x year-over-year and refinance recapture rate at 1.5x the industry average.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.
Onity Group (NYSE: ONIT) has announced its executive management team's participation in two upcoming investor conferences in May 2025. Glen Messina, Chair, President and CEO, and Sean O'Neil, EVP and CFO, will attend the BTIG 5th Annual Housing Ecosystem Conference on May 7, 2025, and the KBW Real Estate Finance & Technology Conference on May 20, 2025 (virtual). An investor presentation will be available on the company's shareholder relations page at onitygroup.com before each conference date.
Onity Group reported strong Q1 2025 financial results with net income of $21 million and diluted EPS of $2.50. The company achieved a 19% ROE and improved book value per share to $58, marking a $2.15 increase year-over-year.
Key highlights include $17 billion in total servicing additions and average servicing UPB of $305 billion. Originations volume reached $7 billion, up 53% year-over-year, outpacing industry growth of 8%. The company's funded recapture volume increased 2.7x year-over-year.
CEO Glen Messina confirmed 2025 guidance with adjusted ROE range of 16-18%. The company maintains strong liquidity of $239 million and expects potential release of $180 million in deferred tax valuation allowance by year-end 2025.
Onity Group (NYSE: ONIT) has scheduled a conference call for Wednesday, April 30, 2025, at 8:30 a.m. ET to discuss their first quarter 2025 financial results and provide a business update.
Participants can join via phone by dialing (800) 579-2543 or (785) 424-1789, referencing 'Onity,' or through a live audio webcast available on the company's Shareholder Relations page. An investor presentation will be accessible on the website before the call.
A replay will be available on the website approximately two hours after the call, with a telephonic replay accessible until May 14, 2025, by dialing (844) 512-2921 or (412) 317-6671 with access code 11158988.
PHH Mortgage, a subsidiary of Onity Group Inc. (NYSE: ONIT), has launched EquityIQ®, a proprietary reverse mortgage product. This new offering targets homeowners aged 55 and above, providing a fixed-rate loan with a maximum amount of $4 million.
The product features include no upfront or ongoing mortgage insurance, no monthly servicing fees, and requires a full draw of available proceeds at closing. EquityIQ® complements PHH's existing Home Equity Conversion Mortgage (HECM) product line and will be available through the company's wholesale network under the Liberty Reverse Mortgage brand.
With an estimated $14 trillion in senior home equity, the product aims to help senior homeowners access their home equity for personal and financial needs. Eligible properties include single-family homes, condominiums, townhomes, multi-family properties (2-4 units), and planned unit developments.