Onity group inc.ONIT.US Overview
ONIT Overall Performance
ONIT AI Analysis & Strategy
ONIT Recent Performance
2.88%
Onity group inc.
0.22%
Avg of Sector
-1.14%
S&P500
ONIT PowerScanner
ONIT Key Information
ONIT Valuation Metrics
ONIT Earnings Table
ONIT Profile
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. It 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. 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.