Company Description
Onity Group Inc., a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines.
It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as 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.
It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. 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 |
| Founded | 1988 |
| IPO Date | Sep 25, 1996 |
| Industry | Mortgage Finance |
| Sector | Financials |
| Employees | 4,500 |
| CEO | Glen Messina |
Contact Details
Address: 1661 Worthington Road, Suite 100 West Palm Beach, Florida 33409 United States | |
| Phone | 561 682 8000 |
| Website | onitygroup.com |
Stock Details
| Ticker Symbol | ONIT |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000873860 |
| ISIN Number | US6757466064 |
| Employer ID | 65-0039856 |
| SIC Code | 6162 |
Key Executives
| Name | Position |
|---|---|
| Glen A. Messina | Chief Executive Officer, President and Chair of the Board |
| Sean Bradley O'Neil | Executive Vice President and Chief Financial Officer |
| Dennis Zeleny | Executive Vice President and Chief Administrative Officer |
| Scott William Anderson | Executive Vice President and Chief Servicing Officer |
| Aaron D. Wade | Executive Vice President and Chief Investment Officer |
| Francois Grunenwald | Senior Vice President and Chief Accounting Officer |
| Jenna D. Evans | Executive Vice President, Chief Risk and Compliance Officer |
| Richard J. Bradfield | Executive Vice President of Strategic Initiatives |
| Andrew James Peach | Executive Vice President of Originations and Chief Lending Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 7, 2024 | 10-Q | Quarterly Report |
| Nov 6, 2024 | 8-K | Current Report |
| Nov 5, 2024 | 8-K | Current Report |
| Oct 23, 2024 | 8-K | Current Report |
| Oct 21, 2024 | 8-K | Current Report |
| Oct 18, 2024 | 8-K | Current Report |
| Oct 11, 2024 | 8-K | Current Report |
| Sep 30, 2024 | 8-K | Current Report |
| Aug 1, 2024 | 10-Q | Quarterly Report |