ONIT — Onity Group Inc.

Onity Group Inc. (ONIT) is a mortgage finance company listed on NYSE. It is led by Glen A. Messina, based in 1661 Worthington Road, West Palm Beach, FL, United States, 33409, with about 4,200 employees. Onity Group Inc., a financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through the Servicing and Originations segments. The company offers owned mortgage servicing rights and subservicing products; conventional, government-insured, and non-agency mortgage loans, as well as reverse mortgage and multi-family loans; and residential forward mortgage and small commercial mortgage loans. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. In addition, the company engages in reinsurance business. The company offers its services under the PHH Mortgage and Liberty Reverse Mortgage brands. It serves financial institutions. The company was formerly known as Ocwen Financial Corporation and changed its name to Onity Group Inc. in June 2024. Onity Group Inc. was founded in 1988 and is headquartered in West Palm Beach, Florida.

Latest reported ONIT revenue for 2025-09-30 was $280.3M. Net income was $62.3M. Revenue was up 13.7% from 2025-06-30 to 2025-09-30. ONIT currently screens at market cap $320.3M and trailing P/E 1.9.

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