Mortgage servicing and originations
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Onity® Group to Rebrand PHH Mortgage to Onity® Mortgage
Globenewswire· 2026-03-09 20:15
Core Viewpoint - Onity Group Inc. is set to rebrand its subsidiary PHH Mortgage Corporation to Onity Mortgage Corporation, effective March 23, 2026, as part of a multi-year transformation to strengthen its brand in the mortgage industry [1][2]. Group 1: Rebranding Details - The rebranding aims to expand and strengthen the Onity brand across the mortgage industry, reflecting the company's growth and transformation efforts [2]. - The new brand will utilize the existing Onity logo and visual identity, ensuring a consistent brand presence [3]. - Alongside the rebranding, Onity Mortgage will launch redesigned websites and enhanced communication programs for clients and consumers [3]. Group 2: Company Performance and Strategy - Onity is currently 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 [2]. - The company has reported record originations volume and strong recapture performance in 2025, alongside an increase in its total servicing portfolio [6]. - Onity has expanded its use of AI-enabled technologies to enhance productivity and service excellence, and has launched new products and services to create growth opportunities [6].
Onity Group Announces Appointment of Dawn Morris to Board of Directors
Globenewswire· 2026-01-05 21:15
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].