Press Releases

Date Title and Summary View
Toggle Summary Onity Group Announces Proposed Offering of $475 Million of Senior Notes Due 2029
WEST PALM BEACH, Fla., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC (“Escrow Issuer”), a wholly-owned special purpose subsidiary of PHH Corporation (“PHH”), plans to offer
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Toggle Summary Onity Group Announces Multiple Transactions to Accelerate Capital Restructuring
WEST PALM BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced multiple transactions to accelerate its ongoing capital restructuring plans.
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Toggle Summary Onity Group Announces Second Quarter 2024 Results
Net income of $11 million and diluted earnings per share of $1.33; annualized return on equity of 10% Adjusted pre-tax income of $32 million, driven by servicing segment 28% annualized adjusted pre-tax return on equity $19 billion in total servicing additions ($12 billion in subservicing additions)
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Toggle Summary Onity Group Schedules Conference Call – Second Quarter 2024 Results and Business Update
WEST PALM BEACH, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 1, 2024 at 8:30 a.m.
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Toggle Summary Ocwen Financial Officially Rebrands as Onity™ Group
NYSE trading symbol (“ONIT”) expected to be effective market open on June 10, 2024 WEST PALM BEACH, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it has officially started
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Toggle Summary Ocwen Financial Announces Shareholder Approval to Rebrand as Onity™ Group
New name and NYSE trading symbol (“ONIT”) expected to be effective June 10, 2024 PHH Mortgage expected to rebrand to Onity Mortgage in the fall of 2024 WEST PALM BEACH, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank
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Toggle Summary Ocwen Financial Announces First Quarter 2024 Results
Net income of $30 million and diluted earnings per share of $3.74; annualized return on equity of 29% Adjusted pre-tax income of $14 million, driven by servicing segment; achieved 13.8% annualized adjusted pre-tax return on equity Repurchased $47 million in PHH senior secured notes below par $23
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Toggle Summary Ocwen Financial Schedules Conference Call – First Quarter 2024 Results and Business Update
WEST PALM BEACH, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, May 2, 2024 at 8:30 a.m.
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Toggle Summary Ocwen Financial Announces Intention to Rebrand as Onity™ Group
Name change proposal to be submitted for approval at upcoming Annual Meeting of Shareholders New name embodies the Company’s transformation into a balanced and diversified business Ocwen subsidiary PHH Mortgage expected to rebrand to Onity Mortgage later this year WEST PALM BEACH, Fla., April 03,
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Toggle Summary Ocwen Financial Corporation Announces Appointment of Claudia Merkle to Board of Directors
Phyllis Caldwell Will Not Stand for Re-election at 2024 Annual Meeting of Shareholders WEST PALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the appointment
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