"Liberty Reverse Mortgage has been rebranded under the Onity name, continuing to securitize reverse mortgage buyout loans while reducing its operational footprint in the channel."
"Onity reported a record profit of $185.4 million in 2025, a significant increase from $33.4 million in 2024, reflecting strong growth in the forward mortgage market."
"The company agreed to sell its existing pipeline of loans and $9.6 billion in reverse mortgage servicing rights to Finance of America, with closure expected in early 2026."
Liberty Reverse Mortgage has been rebranded under the Onity name. The company will continue to securitize reverse mortgage buyout loans but plans to reduce its operations. Liberty agreed to sell its pipeline of loans and $9.6 billion in reverse mortgage servicing rights to Finance of America, with the deal expected to close in early 2026. Onity, formerly Ocwen Financial Corp., has shown significant growth in the forward mortgage space, reporting a record profit of $185.4 million in 2025.
Read at www.housingwire.com
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