Real estatefromwww.housingwire.com1 day agoOnity Group cuts 2026 ROE outlook as servicing losses weigh on Q1Shares may react negatively despite being inexpensive at 63% of tangible book value, with revenue growth impacted by market volatility.
Real estatefromwww.housingwire.com1 month agoOnity Group rebrands PHH Mortgage to Onity MortgageLiberty Reverse Mortgage is rebranded as Onity and will reduce its operations after selling $9.6 billion in servicing rights to Finance of America.
E-Commercefromwww.housingwire.com9 months agoReverse mortgages offer resilience for Onity in Q2 2025 earningsOnity's reverse mortgage originations declined to $166 million in Q2 2025.The reverse servicing portfolio grew to $12 billion, despite a $3 million loss in the segment.Overall average servicing portfolio reached $307 billion, generating $31 million in income.