PHH Mortgage Receives 2025 Fannie Mae Star Performer Award for Servicing Excellence
Rhea-AI Summary
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.
Positive
- Fannie Mae STAR Performer recognition for five consecutive years
- Serviced approximately 1.4 million loans
- Total servicing UPB of $328 billion as of Dec 31, 2025
- Total servicing UPB growth +9% YoY
- Owned MSR UPB growth +15% YoY
Negative
- None.
News Market Reaction – ONIT
In the Mar 13 session, ONIT declined 1.00%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 09 | Brand rebrand update | Neutral | -0.9% | Announced PHH Mortgage rebrand to Onity Mortgage with record originations. |
| Feb 24 | Leadership appointment | Positive | +4.2% | Named new Senior Vice President and Chief Accounting Officer. |
| Feb 12 | Full-year earnings | Positive | +6.1% | Reported record 2025 results with higher revenue and net income. |
| Jan 30 | Debt financing | Negative | -1.6% | Closed additional $200M 9.875% Senior Notes due 2029 offering. |
| Jan 29 | Earnings call setup | Neutral | -5.8% | Scheduled conference call for Q4 and full-year 2025 results. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
ONIT often reacts positively to fundamental updates (earnings, leadership) but has shown negative or mixed reactions to neutral items like conference calls or rebranding.
Recent news highlights a mix of strategic, financial, and capital-markets events. On Feb 12, 2026, ONIT reported record 2025 results with higher revenue and strong ROE, which saw the stock rise. A $200M senior notes offering on Jan 30, 2026 coincided with a modest decline. Neutral items like a results conference call and the PHH-to-Onity Mortgage rebrand drew negative reactions. Leadership changes, including the new Chief Accounting Officer, were received positively, framing today’s servicing award within a backdrop of operational and branding initiatives.
Key Terms
unpaid principal balance financial
subservicing financial
msr financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Recognized for the fifth consecutive year
WEST PALM BEACH, Fla., March 12, 2026 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (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 Mae for excellence in mortgage servicing reflects the strength of our hardworking team and our unwavering commitment to exceptional operational performance and achieving positive customer outcomes,” said Scott Anderson, Executive Vice President and Chief Servicing Officer of PHH Mortgage. “Our customer-first mindset combined with the servicing platform we have built and our continued integration of innovative technologies consistently delivers top-tier performance. We are proud of the work we do for our customers, clients, investors and the housing industry, and we look forward to continuing to deliver on our commitments to all those we serve.”
STAR Performer recognition is reserved for top performing servicers. For 2025, STAR Program participants are measured on the basis of their performance managing General Servicing (Transition to 60+ and Investor Reporting Score), Solution Delivery (60+ to Cure, Retention Efficiency, Liquidation Efficiency, and Six-Month Modification Performance), and Timeline Management (Transition to Beyond Time Frame). Each servicer’s performance in these metrics is compared against the performance of other Fannie Mae loans with similar credit characteristics.
PHH serviced or subserviced approximately 1.4 million loans with a total unpaid principal balance of
About Onity Group:
Onity Group Inc. (NYSE: ONIT) is a leading non-bank financial services company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to consumers and business clients. Liberty is one of the nation’s largest reverse mortgage lenders dedicated to providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices and operations in the United States, the U.S. Virgin Islands, India and the Philippines, and have been serving our customers since 1988. For additional information, please visit: www.onitygroup.com.
Onity Group expects to rebrand and formally change the name of its subsidiary, PHH Mortgage Corporation, to Onity Mortgage Corporation effective March 23, 2026. Read the company’s press release here.
For Further Information Contact:
Dico Akseraylian, SVP, Corporate Communications
(856) 917-0066
mediarelations@onitygroup.com