Latest 2 stories · newest Aug 6, 2026
Onity reported record origination volume and significant subservicing additions, driving double-digit revenue growth. However, the company reported a net loss due to asset fair value changes and restructuring costs.
Onity Group received regulatory approval to sell its reverse mortgage servicing rights portfolio to Finance of America Reverse for expected net proceeds of $70-80 million and will become a subservicer under a three-year agreement. The company also announced a $20 million share repurchase program aut…
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