ab 27 January 2026 Global Research China Equity Strategy The top 10 questions about the A-share market Equity Strategy China Lei Meng Strategist lei.meng@ubs.com +86-21-3866 8939 Yu Sheng Strategist S1460524080001 yu.sheng@ubs.com +86-21-3866 4873 James Wang Strategist james-zb.wang@ubs.com +852-3712 2557 Tommy Tang, CFA Strategist tommy.tang@ubs.com +852-2971 8357 Robin Xu Analyst S1460511010012 bin.xu@ubs.com +86-21-3866 8872 1. Can overall A-share earnings growth accelerate in 2026? Optimism looks set to ...

WEST PALM BEACH, Fla., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”) today announced that its subsidiaries, PHH Corporation and PHH Escrow Issuer LLC (the “Issuers”), priced their previously announced offering of 9.875% Senior Notes due 2029 (the “PHH Senior Notes”) in an aggregate principal amount of $200 million. The price to investors will be 103.25% of the principal amount of the PHH Senior Notes, which results in an effective yield (YTW) of 8.515% per annum. The issuance and ...

Core Viewpoint - Onity Group Inc. announced the launch of a $150 million offering of 9.875% Senior Notes due 2029, which will be an additional issuance to the previously issued $500 million of the same notes [1][2]. Group 1: Offering Details - The new PHH Senior Notes will form a single series with the existing $500 million aggregate principal amount of 9.875% Senior Notes originally issued on November 6, 2024 [2]. - The notes are guaranteed on a senior secured basis by Onity and certain subsidiaries, including PHH Mortgage Corporation and PHH Asset Services LLC [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general corporate purposes, specifically for the repayment of certain indebtedness of PHH Mortgage Corporation and PHH Asset Services LLC [3]. Group 3: Regulatory Information - The PHH Senior Notes are being offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States in compliance with Regulation S of the Securities Act [4].

Core Viewpoint - Onity Group Inc. announces the appointment of Dawn C. Morris to its Board of Directors, effective January 1, 2026, while Jenne K. Britell will not stand for re-election at the 2026 Annual Meeting of Shareholders [1][2]. Group 1: Board Changes - Dawn C. Morris has been appointed to the Board, bringing extensive experience in financial services with a focus on growth and innovation [2][3]. - Jenne K. Britell has decided not to seek re-election at the upcoming 2026 Annual Meeting of Shareholders, scheduled for May 19, 2026, but will continue to serve until that date [2][3]. Group 2: Background of Dawn C. Morris - Dawn C. Morris is the Founder and CEO of Growth Partners Group, LLC, and has held various leadership roles in financial institutions, including Chief Digital and Marketing Officer at First Horizon National Corporation [3]. - Morris has a military background as an Army Captain and has served in multiple senior positions at banks, including Vice President at RBC Bank and Executive Vice President at Webster Bank [3]. Group 3: Company Overview - Onity Group Inc. is a leading non-bank financial services company, providing mortgage servicing and originations through its brands, PHH Mortgage and Liberty Reverse Mortgage [4]. - PHH Mortgage is one of the largest servicers in the U.S., while Liberty is a major reverse mortgage lender, helping customers meet personal and financial needs [4].

Core Points - Onity Group Inc. will hold a conference call on November 6, 2025, at 8:30 a.m. (ET) to discuss its third quarter 2025 operating results and provide a business update [1] - The conference call can be accessed by dialing (833) 316-1983 or (785) 838-9310, with a conference ID "Onity" [2] - An investor presentation will be available on the Shareholder Relations page prior to the call, and a replay will be accessible approximately two hours after the call [3] Company Overview - 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 [4] - PHH Mortgage is one of the largest servicers in the U.S., offering various servicing and lending programs [4] - Liberty Reverse Mortgage is among the largest reverse mortgage lenders in the nation, focusing on loans that assist customers with personal and financial needs [4]

Core Viewpoint - Onity Group Inc. will hold a conference call on November 6, 2025, to discuss its third quarter 2025 operating results and provide a business update [1]. Group 1: Conference Call Details - The conference call is scheduled for 8:30 a.m. (ET) on November 6, 2025 [1]. - Interested parties can participate by dialing (833) 316-1983 or (785) 838-9310, referencing the conference ID "Onity" [2]. - A live audio webcast will also be available on the Shareholder Relations page of the company's website [2]. Group 2: Investor Presentation and Replay - An investor presentation will be available on the Shareholder Relations page prior to the call [3]. - A replay of the conference call will be accessible on the website approximately two hours after the call concludes [3]. - A telephonic replay will be available approximately three hours after the call, lasting until November 20, 2025, by dialing (844) 512-2921 or (412) 317-6671 with access code 11160252 [3]. Group 3: Company Overview - Onity Group Inc. is a leading non-bank financial services company, providing mortgage servicing and originations solutions through its brands, PHH Mortgage and Liberty Reverse Mortgage [4]. - PHH Mortgage is one of the largest servicers in the U.S., offering various servicing and lending programs [4]. - Liberty is among the largest reverse mortgage lenders in the nation, focusing on loans that assist customers with personal and financial needs [4]. - The company is headquartered in West Palm Beach, Florida, with operations in the U.S., U.S. Virgin Islands, India, and the Philippines, serving customers since 1988 [4].

Core Viewpoint - Onity Group Inc. will hold a conference call on August 5, 2025, to discuss its second quarter 2025 operating results and provide a business update [1]. Group 1: Conference Call Details - The conference call is scheduled for August 5, 2025, at 8:30 a.m. (ET) [1]. - Interested parties can participate by dialing (800) 245-3047 or (203) 518-9765, referencing the conference ID "Onity" [2]. - A live audio webcast will also be available on the Shareholder Relations page of Onity's website [2]. Group 2: Investor Presentation and Replay - An investor presentation will accompany the conference call and will be available on the Shareholder Relations page prior to the call [3]. - A replay of the conference call will be accessible on the website approximately two hours after the call concludes [3]. - A telephonic replay will be available approximately three hours after the call's completion until August 19, 2025, by dialing (844) 512-2921 or (412) 317-6671, referencing access code 11159308 [3]. Group 3: Company Overview - Onity Group Inc. is a leading non-bank financial services company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage [4]. - PHH Mortgage is one of the largest servicers in the country, offering a variety of servicing and lending programs [4]. - Liberty is one of the nation's largest reverse mortgage lenders, focusing on loans that help customers meet personal and financial needs [4]. - The company is headquartered in West Palm Beach, Florida, with operations in the United States, U.S. Virgin Islands, India, and the Philippines, serving customers since 1988 [4].

Company Overview - Onity Group Inc. is a leading non-bank financial services company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage [3] - PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to consumers and business clients [3] - Liberty is one of the nation's largest reverse mortgage lenders dedicated to providing loans that help customers meet their personal and financial needs [3] - The company is headquartered in West Palm Beach, Florida, with operations in the United States, the U.S. Virgin Islands, India, and the Philippines, and has been serving customers since 1988 [3] Upcoming Conferences - Executive management will participate in two upcoming conferences in May 2025, including the BTIG 5 Annual Housing Ecosystem Conference on May 7, 2025 [1] - The KBW Real Estate Finance & Technology Conference is scheduled for May 20, 2025, and will be held virtually [2] - An investor presentation will be made available on the Events & Presentations section of the company's shareholder relations page prior to the meetings on May 7 and May 20, 2025 [2]