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In a conversation with HousingWire’s Allison LaForgia, Onity Group Chair, President and CEO Glen Messina outlined the company’s transformation and the significance of rebranding PHH Mortgage to Onity Mortgage.
West Palm Beach, Florida-based Onity Group Inc. (NYSE: ONIT) announced that its mortgage subsidiary has started operating under a new name, Onity Mortgage Corp., replacing its former name, PHH Mortgage Corp.
Rebrand expected to be effective March 23, 2026.
Onity Group has named Aulene Wessel, a former executive vice president at Truist, as a new member of its leadership team.
Net income jumped to $185.4 million and originations rose 43% as Onity expanded its servicing portfolio