Onity Group Inc. logo ONIT - Onity Group Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
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BUY 3
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| PRICE TARGET: $50.00 DETAILS
HIGH: $50.00
LOW: $50.00
MEDIAN: $50.00
CONSENSUS: $50.00
UPSIDE: 33.26%

Stock News

Onity Group: Buybacks Protect The Downside While Servicing Recovers (Upgrade)

Onity Group: Buybacks Protect The Downside While Servicing Recovers (Upgrade)

I'm upgrading Onity to a buy, as I expect the servicing business to recover from stagnant growth in response to elevated interest rates. While the firm is an obvious beneficiary of high interest rates, the market seems to not appreciate the upside potential as the stock still trades at a discount to book value. To take advantage of this discounted valuation, management aims to use proceeds from asset sales to fund repurchases, protecting investors against further price drops.

Jul 01, 2026 08:39 PM seekingalpha.com
Finance of America Completes Acquisition of Reverse Mortgage Assets from Onity

Finance of America Completes Acquisition of Reverse Mortgage Assets from Onity

PLANO, Texas--(BUSINESS WIRE)--Finance of America Reverse LLC ("Finance of America" or the “Company”), a subsidiary of Finance of America Companies Inc. (NYSE: FOA) and the nation's leading provider of home equity-based retirement solutions, today announced the completion of its acquisition of reverse mortgage servicing rights (MSRs) from Onity Group Inc.'s subsidiary, Onity Mortgage Corporation. The all-cash transaction includes approximately 20,000 Ginnie Mae home equity conversion mortgage l.

Jul 01, 2026 12:15 PM businesswire.com
Onity Group Announces Closing of Transaction with Finance of America Reverse

Onity Group Announces Closing of Transaction with Finance of America Reverse

Sells reverse mortgage assets and enters into subservicing agreement Net proceeds from the transaction of $70 to $80 million WEST PALM BEACH, Fla., July 01, 2026 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that its subsidiary, Onity Mortgage Corporation (“Onity Mortgage”), has completed the previously announced transaction with Finance of America Reverse LLC (“FAR”), effective June 30, 2026.

Jul 01, 2026 12:15 PM globenewswire.com
PHH Mortgage Receives 2025 Fannie Mae Star Performer Award for Servicing Excellence

PHH Mortgage Receives 2025 Fannie Mae Star Performer Award for Servicing Excellence

WEST PALM BEACH, Fla., March 12, 2026 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae's 2025 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition in the General Servicing and Solution Delivery categories.

Mar 12, 2026 12:15 PM globenewswire.com

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