PHH Mortgage to rebrand as Onity Mortgage

"We are excited for this next phase of our rebranding effort, further expanding and strengthening the Onity brand across the mortgage industry. The continuation of our Onity rebranding represents our multi-year transformation to grow and expand our business. The rebrand is intended to position the mortgage subsidiary as a customer-focused, technology-enabled platform."

"Onity currently ranks as a top-10 nonbank mortgage servicer, with a portfolio that includes servicing for 1.4 million consumers on behalf of more than 3,000 investors and 100-plus subservicing clients. The firm has been investing in servicing technology and origination capabilities while adding new subservicing clients and growing its owned mortgage servicing rights book."

"The company reported record 2025 earnings, with $185.4 million in net income and a 43% rise in mortgage originations. It announced a $10 million share repurchase program, ended the year with $205 million in liquidity, and raised additional capital to support growth and reduce leverage."

Onity is executing a multi-year strategic transformation centered on rebranding to strengthen its market position as a technology-enabled, customer-focused platform. The company achieved record 2025 earnings with $185.4 million in net income and a 43% increase in mortgage originations. Onity services 1.4 million consumers across more than 3,000 investors and 100-plus subservicing clients. The firm is investing in AI-enabled technology tools to enhance productivity and service quality while launching new products for recapture, retention, and customer experience. Operational streamlining includes repositioning its reverse mortgage business and selling reverse mortgage assets to Finance of America. Onity ended the year with $205 million in liquidity, announced a $10 million share repurchase program, and raised additional capital to support growth and reduce leverage.

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