Press Releases

Date Title and Summary View
Toggle Summary PHH Mortgage Partners with Blend to Revolutionize Home Lending Operations
<p>Collaboration to enhance borrower experience, streamline lender workflows, and improve conversion rates SAN FRANCISCO --(BUSINESS WIRE)--Dec. 12, 2024-- Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced a partnership with PHH Mortgage , a</p>
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Toggle Summary Onity Group Names Valerie Haertel Vice President of Investor Relations
WEST PALM BEACH, Fla., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that Valerie Haertel has joined the Company as Vice President, Investor Relations. Ms.
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Toggle Summary Onity Group Announces Closing of MSR Asset Vehicle Sale to Oaktree
WEST PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it has completed the previously announced transaction with funds managed by Oaktree Capital Management, L.P.
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Toggle Summary Onity Group Announces Closing of $500 Million of Senior Notes Due 2029
Enhances Capital Structure to Support Continued Growth and Profitability WEST PALM BEACH, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC (“Escrow Issuer”), a
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Toggle Summary Onity Group Announces Third Quarter 2024 Results
<p>Net income of $21 million and diluted EPS of $2.65; return on equity of 19% Adjusted pre-tax income of $35 million, resulting in adjusted pre-tax return on equity of 31% Executed several transactions to facilitate corporate debt refinancing, resulting in a debt-to-equity ratio of 2.9x as of</p>
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Toggle Summary Onity Group Schedules Conference Call – Third Quarter 2024 Results and Business Update
WEST PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, November 5, 2024 at 8:30 a.m.
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Toggle Summary Onity Group Announces Pricing of $500 Million of Senior Notes Due 2029
WEST PALM BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC (“Escrow Issuer”), a wholly-owned special purpose subsidiary of PHH Corporation (“PHH”), priced the
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Toggle Summary Onity Group Announces Proposed Offering of $475 Million of Senior Notes Due 2029
WEST PALM BEACH, Fla., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC (“Escrow Issuer”), a wholly-owned special purpose subsidiary of PHH Corporation (“PHH”), plans to offer
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Toggle Summary Onity Group Announces Multiple Transactions to Accelerate Capital Restructuring
WEST PALM BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced multiple transactions to accelerate its ongoing capital restructuring plans.
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Toggle Summary Onity Group Announces Second Quarter 2024 Results
Net income of $11 million and diluted earnings per share of $1.33; annualized return on equity of 10% Adjusted pre-tax income of $32 million, driven by servicing segment 28% annualized adjusted pre-tax return on equity $19 billion in total servicing additions ($12 billion in subservicing additions)
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