Onity Group Inc. (ONIT) NYSE

44.76

+0.42(+0.95%)

Updated at April 15 02:19PM

Currency In USD

Onity Group Inc.

Address

1661 Worthington Road

West Palm Beach, FL 33409

United States of America (the)

Phone

561 682 8000

Sector

Financial Services

Industry

Financial - Mortgages

Employees

4200

First IPO Date

September 25, 1996

Key Executives

NameTitlePayYear Born
Glen A. MessinaChief Executive Officer, President & Chair of the Board3.81M1962
Aaron D. WadeExecutive VP & Chief Investment Officer1.27M1971
Dennis ZelenyExecutive VP & Chief Administrative Officer1.39M1955
Scott William AndersonExecutive Vice President & Chief Servicing Officer1.39M1969
Sean Bradley O'NeilExecutive VP & CFO1.59M1966
Francois GrunenwaldSenior VP & Chief Accounting Officer01972
Joseph J. SamariasChief Ethics Officer, Chief Legal Officer, Executive Vice President & Company Secretary01972
Richard J. BradfieldExecutive VP & Chief Growth Officer01970
Jenna D. EvansExecutive VP, Chief Risk & Compliance Officer01981
Valerie C. HaertelVice President of Investor Relations0N/A

Description

Onity Group Inc., a financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through the Servicing and Originations segments. The company offers owned mortgage servicing rights and subservicing products; conventional, government-insured, and non-agency mortgage loans, as well as reverse mortgage and multi-family loans; and residential forward mortgage and small commercial mortgage loans. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. The company offers its services under the PHH Mortgage and Liberty Reverse Mortgage brands. It serves financial institutions. The company was formerly known as Ocwen Financial Corporation and changed its name to Onity Group Inc. in June 2024. Onity Group Inc. was founded in 1988 and is headquartered in West Palm Beach, Florida.