Onity Group Inc. (ONIT)
Company Description
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.
| Country | United States |
| IPO Date | n/a |
| Industry | Financial - Mortgages |
| Sector | Financial Services |
| Employees | 4,300 |
| CEO | Glen A. Messina |
Contact Details
Address: 1661 Worthington Road West Palm Beach, Florida United States | |
| Website | https://www.onitygroup.com |
Stock Details
| Ticker Symbol | ONIT |
| Exchange | NYSE |
| Fiscal Year | n/a |
| Reporting Currency | USD |
| CIK Code | n/a |
| CUSIP Number | n/a |
| ISIN Number | US6757466064 |
| Employer ID | - |
| SIC Code | n/a |
Key Executives
| Name | Position |
|---|---|
| Glen A. Messina | Chief Executive Officer, President & Chair of the Board |
| Joseph J. Samarias J.D. | Chief Ethics Officer, Chief Legal Officer, Executive Vice President & Company Secretary |
| Sean Bradley O'Neil | Executive Vice President & Chief Financial Officer |
| Aaron D. Wade | Executive Vice President & Chief Investment Officer |
| Andrew James Peach | Executive Vice President of Originations & Chief Lending Officer |
| Dennis Zeleny | Executive Vice President & Chief Administrative Officer |
| Francois Grunenwald | Senior Vice President & Chief Accounting Officer |
| Jenna D. Evans | Executive Vice President, Chief Risk & Compliance Officer |
| Richard J. Bradfield | Executive Vice President & Chief Growth Officer |
| Scott William Anderson | Executive Vice President & Chief Servicing Officer |