Rithm Capital will terminate its subservicing contract with Onity’s PHH Mortgage for a $33 billion portfolio composed mainly of pre-2008 loans by January 2026. Onity plans to streamline operations and ...
Onity posted a $1 million profit in its Q3 2025 reverse mortgage origination segment, driven by higher margins despite lower volumes. Reverse servicing income rebounded to $4 million, supported by a ...
WEST PALM BEACH, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will ...
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