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Onity Group ( (ONIT) ) just unveiled an announcement.
On November 17, 2025, Onity Group Inc.’s subsidiary, PHH Mortgage Corporation, announced a strategic agreement with Finance of America Reverse LLC to sell its reverse mortgage servicing portfolio and certain reverse originations assets. This transaction, expected to close in the first quarter of 2026, will see PHH sell reverse mortgage servicing rights for approximately 40,000 Ginnie Mae home equity conversion mortgage loans, valued at $9.6 billion, and become a subservicer for these assets under a three-year agreement. The deal is projected to yield net proceeds of $100 to $110 million, which Onity plans to use for growth, debt reduction, and a potential share repurchase program. This move is intended to simplify Onity’s business model, strengthen financial metrics, and allow the company to focus on more lucrative markets and products.
The most recent analyst rating on (ONIT) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Onity Group stock, see the ONIT Stock Forecast page.
Spark’s Take on ONIT Stock
According to Spark, TipRanks’ AI Analyst, ONIT is a Neutral.
Onity Group’s overall stock score is driven by strong technical momentum and positive earnings call highlights. However, financial performance challenges, particularly in cash flow and leverage, weigh down the score. The valuation is reasonable, but the lack of a dividend yield is a minor negative.
To see Spark’s full report on ONIT stock, click here.
More about Onity Group
Onity Group Inc. is a leading non-bank financial services company that provides mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the United States, offering a variety of servicing and lending programs to consumers and business clients. Liberty is a major reverse mortgage lender dedicated to helping customers meet their financial needs. The company is headquartered in West Palm Beach, Florida, with operations in the United States, the U.S. Virgin Islands, India, and the Philippines.
Average Trading Volume: 38,958
Technical Sentiment Signal: Buy
Current Market Cap: $348.1M
Find detailed analytics on ONIT stock on TipRanks’ Stock Analysis page.