ONITY GROUP INC (ONIT)
Financials · Mortgage servicing and origination · NYSE
Onity is a mortgage servicing and origination company managing 1.4 million loans worth $328 billion in principal through forward and reverse mortgage platforms built for efficiency and institutional scale.
What ONITY GROUP INC does
Onity Group Inc. is a financial services company that services and originates both forward and reverse mortgage loans through its primary brands PHH Mortgage and Liberty Reverse Mortgage. The company operates a dual-segment model: a Servicing business that manages owned mortgage servicing rights (MSR) and subservicing portfolios covering approximately 1.4 million loans with $328.3 billion in unpaid principal balance, and an Originations business that purchases MSRs and originates loans to replenish the servicing portfolio. The company is headquartered in West Palm Beach, Florida with operations across the U.S., U.S. Virgin Islands, India, and the Philippines.
Themes: ["Mortgage servicing","Reverse mortgages / HECM","Mortgage originations","MSR portfolio management","Residential mortgage finance","Loss mitigation and loan modifications","Bulk MSR purchases and flow agreements"]
Fundamentals
- Price$38.26 as of 2026-07-09 close
- Market cap$316M as of 2026-07-10
- 1-year return-1.9% as of 2026-07-09 close
- P/E1.81 as of 2026-07-10
- Net margin+15.7% as of 2026-07-10
- Gross margin+94.2% as of 2026-07-10
- ROE+28.6% as of 2026-07-10
- Debt / equity23.71 as of 2026-07-10
- Revenue growth (YoY)+12.6% as of 2026-07-10
- Revenue CAGR (3y)+3.8% SEC XBRL
- Beta1.45 as of 2026-07-10
Dividend: yield +1.3%; pays a dividend.
Key risks (from latest filing)
["Disruption from the announced transaction with Finance of America Reverse LLC, including regulatory approval uncertainty, timing of asset transfer, and indemnification obligations impacting operations and financial results","Impact of non-renewal by Rithm Capital Corp. of its subservicing agreements effective January 31, 2026, requiring operational restructuring and ability to offset reduced subservicing income with alternative revenue sources","Cybersecurity and data protection risks including potential breaches of IT systems or privacy protections at Onity, counterparties, or vendors, which could result in operational disruption, reputational damage, costly litigation, and regulatory penalties"]
Competitors & peers
- Rithm Capital Corp.
- Mr. Cooper Group Inc.
- New Residential Investment Corp.
- PennyMac Financial Services
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.