Onity Group to Rebrand PHH Mortgage as Onity Mortgage
WEST PALM BEACH, Fla., March 9, 2026 – Onity Group Inc. (NYSE: ONIT) announced today that its subsidiary, PHH Mortgage Corporation, will be rebranded as Onity Mortgage Corporation, effective March 23, 2026.
Strategic Rationale for the Rebrand
Glen A. Messina, Chair, President, and CEO of Onity Group, stated the rebrand expands and strengthens the Onity brand within the mortgage industry, representing a multi-year transformation to grow and expand the business. Onity Group is now a top 10 non-bank mortgage servicer, servicing loans for 1.4 million consumers on behalf of over 3,000 investors and more than 100 subservicing clients.
The company has invested in technology and personnel to build a best-in-class servicing platform and expand its origination capabilities. This rebrand coincides with strategic initiatives including record originations volume and strong recapture performance in 2025, increased servicing portfolio size through owned Mortgage Servicing Rights (MSR) growth and new subservicing client acquisitions, expansion of commercial servicing, and the integration of AI-enabled technologies.
Brand Identity and Customer Focus
“Onity, inspired by our mantra ‘we’re on it,’ is a brand built around the customer with the promise of dependability, performance and support,” Messina added. “It represents our commitment to creating success for our customers, clients and partners every step of the way.”
The rebrand will utilize the existing Onity logo and visual identity for brand consistency. New websites and enhanced communication programs for clients and consumers will also be launched.
Company History and Background
The first phase of Onity Group’s rebranding occurred on June 10, 2024, when Ocwen Financial Corporation officially changed its name to Onity Group Inc. And began trading on the New York Stock Exchange under the symbol “ONIT”. PHH Mortgage, now Onity Mortgage, and Liberty Reverse Mortgage are primary brands under Onity Group Inc.
Founded in 1988, Onity Group Inc. Provides mortgage servicing and origination solutions. The company is headquartered in West Palm Beach, Florida, with operations in the United States, the U.S. Virgin Islands, India, and the Philippines.
Forward-Looking Statements
This press release contains forward-looking statements, including expectations regarding the timing and impact of the rebranding. These statements are subject to risks and uncertainties, and actual results may differ materially. Factors that could cause such differences include changes in market conditions, industry developments, regulatory actions, and litigation. Further details are available in Onity’s filings with the Securities and Exchange Commission (SEC).
Contact Information
Dico Akseraylian
SVP, Corporate Communications
(856) 917-0066
mediarelations@onitygroup.com