Onity Group

Onity Group, formerly Ocwen Financial Corporation, is a financial services entity established in 1988. Operating under the ticker NYSE: ONIT, the company specializes in originating and servicing forward and reverse mortgage loans across the United States, the United States Virgin Islands, India, and the Philippines. It serves financial institutions, providing a range of mortgage solutions. The company rebranded to Onity Group Inc. in June 2024, signaling a new phase in its operational strategy.

The company's operations are structured into two primary segments: Servicing and Originations. Onity Group offers critical financial products including owned mortgage servicing rights and subservicing solutions. Its loan portfolio encompasses conventional, government-insured, and non-agency mortgage loans, alongside specialized offerings like reverse mortgage and multi-family loans. The company also facilitates residential forward mortgage and small commercial mortgage loans. With an employee range of 1,000 - 5,000 individuals, Onity Group maintains a significant operational footprint. Meet Onity Group's team to understand their leadership and organizational structure.

Onity Group originates and purchases conventional and government-insured residential forward and reverse mortgage loans through diverse channels, including correspondent lending arrangements, broker relationships, and retail operations. The company markets its services under well-recognized brands such as PHH Mortgage and Liberty Reverse Mortgage. With a reported revenue of $1.1B, Onity Group demonstrates substantial financial scale. Investors can Explore financial highlights for detailed performance metrics and funding information, including a recent $200 million debt funding secured for January 2026.