ONITY GROUP INC.

Onity Group Inc. operates as a mortgage finance company originating and servicing forward and reverse mortgage loans across the United States, U.S. Virgin Islands, India, and the Philippines. The company offers owned mortgage servicing rights and subservicing products alongside conventional, government-insured, and non-agency residential mortgage loans. It also originates and purchases mortgage loans through correspondent lending arrangements, broker relationships, and retail channels, while maintaining a reinsurance business segment.

The company operates through two primary divisions: Servicing and Originations. Under its PHH Mortgage and Liberty Reverse Mortgage brands, it provides conventional and government-insured residential forward mortgages, reverse mortgages, and multi-family and small commercial mortgage products. The servicing segment manages mortgage servicing rights portfolios, while the originations segment sources loans through wholesale and retail distribution channels.

With approximately 4,300 full-time employees and headquarters in West Palm Beach, Florida, Onity Group is a mid-sized participant in the mortgage finance industry. The company was previously known as Ocwen Financial Corporation until rebranding to Onity Group in June 2024. Its geographic footprint spans North America and select international markets, with primary customer relationships among financial institutions.