Finance of America added 20,000 Ginnie Mae HECM loans and $5.2B in UPB by acquiring reverse mortgage MSRs from Onity.
Sells reverse mortgage assets and enters into subservicing agreement Net proceeds from the transaction of $70 to $80 million WEST PALM BEACH, ...
Onity Group will cash out of its reverse mortgage business in a deal with one of the largest providers of the product in the U.S. The West Palm Beach-based mortgage servicer received the green light ...
Receives regulatory approval for transaction with Finance of America Reverse Initiates share repurchase program for up to $20 million WEST PALM BEACH, Fla., June 02, 2026 (GLOBE NEWSWIRE) -- Onity ...
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Originations profitability negatively impacted by $4 million due to "April volatility impairing originations margins." Reverse servicing income declined, driven by "negative valuation adjustments on ...
PHH Mortgage Corp. has rebranded as Onity Mortgage, extending Onity Group’s post-2024 corporate rebrand. The company reported $24.2 billion in 2025 originations and a $153.6 billion owned servicing ...
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Hello, and welcome, everyone, joining today's Onity Group's Full Year and Fourth Quarter Earnings and Business Update Conference Call. [Operator Instructions] Please note this call is being recorded. ...
No bulk or screen; looks like a regular lock from both sides of the door. Impressive design with the battery hidden inside the lock bolt. Great battery life. App is beautiful and easy to use. More ...
Finance of America Reverse LLC has entered into an agreement to acquire the home equity conversion mortgage (HECM) servicing portfolio, and certain other reverse mortgage assets, from PHH Mortgage ...